Written by ForexBrokers.com
In this head to head comparison of AvaTrade vs Eightcap, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
AvaTrade, founded in 2006, and Eightcap, founded in 2009, are both private brokers that are not listed on a stock exchange and are not banks. Based on ForexBrokers.com’s Trust Score scale, AvaTrade’s score of 96 out of 99 places it in the highly trusted range, while Eightcap’s score of 87 out of 99 puts it in the trusted range.
When it comes to regulation, AvaTrade holds 4 Tier-1 licenses and 4 Tier-2 licenses, giving it a wider set of approvals across top regulatory bodies. Eightcap holds 3 Tier-1 licenses and 1 Tier-2 license, which is still solid but less extensive than AvaTrade’s regulatory coverage.
| Feature |
AvaTrade
|
Eightcap
|
|---|---|---|
| Year Founded | 2006 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 3 |
| Tier-2 Licenses | 4 | 1 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 1 | 2 |
AvaTrade and Eightcap both earn 4.5 out of 5 stars for commissions and fees, but AvaTrade ranks a bit higher overall at #14 out of 36 brokers, while Eightcap sits at #20 out of 36. AvaTrade’s spread pricing is close to the industry average, with typical spreads of about 0.9 pips as of June 2024. That is a little higher than what some low-cost brokers offer, but its pricing is still competitive for many everyday traders.
Eightcap gives traders a choice between a spread-only Standard account and a commission-based Raw account, so costs depend on the account you open. Its Raw account advertises an average spread of 0.06 pips, but once the $3.50 per-side commission is added, the all-in cost comes to about 0.76 pips, which is slightly below the industry average of 0.8 pips. Even so, Eightcap is generally considered a bit more expensive than the cheapest forex brokers.
For professional traders, AvaTrade’s Professional account can be especially appealing, with spreads around 0.6 pips and pricing that is comparable to FP Markets. In simple terms, both brokers offer fair pricing, but AvaTrade has a slightly stronger ranking for commissions and fees, while Eightcap may suit traders who want flexible account options and low all-in costs on its Raw account.
| Feature |
AvaTrade
|
Eightcap
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average spread (EUR/USD) - Standard account | 0.93 | 1.0 |
| All-in Cost EUR/USD - Active | 0.61 | 0.76 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
AvaTrade offers a wider range of investments than Eightcap overall, with 1,260 tradeable symbols compared with Eightcap’s 803. Both brokers support forex trading and crypto CFDs, and neither lets clients buy real, delivered shares on U.S. or international exchanges, or actual cryptocurrency. When it comes to forex pairs specifically, Eightcap has a slight edge with 55 pairs versus AvaTrade’s 53.
For extra features, AvaTrade stands out because it offers copy trading, while Eightcap does not. That broader mix helps explain why AvaTrade earns a higher Range of Investments score, at 4 out of 5 stars, versus 3.5 stars for Eightcap. In ForexBrokers.com’s ranking for this category, AvaTrade places #26 out of 36 brokers, while Eightcap sits at #29.
| Feature |
AvaTrade
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1260 | 803 |
| Forex Pairs (Total) | 53 | 55 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
AvaTrade and Eightcap both give traders a flexible set of platform choices, including free demo accounts for practice, web-based trading, Windows desktop downloads, and access to MetaTrader 4 and MetaTrader 5. Both brokers also let users trade directly from charts, which can be helpful for quick order entry and easier analysis. In this area, the two are fairly close, but AvaTrade stands out by also offering its own in-house platform, giving traders another option beyond the standard third-party tools.
Where AvaTrade pulls ahead is in extra trading tools. It offers copy trading, which can appeal to beginners or anyone who wants to follow other traders, while Eightcap does not. That difference helps explain why AvaTrade is rated higher for Trading Platforms and Tools, with 4.5 out of 5 stars and a ForexBrokers.com ranking of #13 out of 36, compared with Eightcap’s 4 out of 5 stars and #31 ranking. For traders who want more platform variety and social trading features, AvaTrade has the edge, while Eightcap still covers the core platform basics well.
| Feature |
AvaTrade
|
Eightcap
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 80 | 100 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
AvaTrade and Eightcap both make it easy to trade on the go, with iPhone and Android apps, price alerts, watchlist syncing, and trendline drawing tools in their mobile platforms. That means you can keep track of markets, manage watchlists, and analyze charts from your phone with either broker. AvaTrade’s app includes 73 technical studies, while Eightcap offers 100, giving Eightcap the edge for traders who want more charting options on mobile.
When it comes to overall mobile experience, AvaTrade scores higher, with a 4.5-star rating and a ForexBrokers.com mobile apps rank of #13 out of 36 brokers. Eightcap is rated 4 stars and ranks #31, though it does have one helpful extra: its app automatically saves chart drawings, while AvaTrade’s does not. In short, Eightcap may appeal more to chart-focused traders, but AvaTrade appears stronger overall for mobile trading ease and user satisfaction.
| Feature |
AvaTrade
|
Eightcap
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 73 | 100 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, AvaTrade has the edge over Eightcap overall. AvaTrade provides forex news from major sources like Bloomberg, Reuters, and Dow Jones, plus Trading Central tools, sentiment data, and an economic calendar. It does not offer daily market commentary or Autochartist, but its research offering still earns it a 4-star rating and a #28 ranking out of 36 brokers for Research.
Eightcap also gives traders useful research features, including daily market commentary, sentiment tools, Acuity Trading, and an economic calendar. However, it does not include top-tier forex news, Trading Central, or Autochartist, which leaves it a step behind AvaTrade in this category. Eightcap is rated 3.5 stars for Research and ranks #33 out of 36 brokers, making AvaTrade the stronger choice for market research.
| Feature |
AvaTrade
|
Eightcap
|
|---|---|---|
| Daily Market Commentary (Articles) | No | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central | Yes | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
AvaTrade stands out for beginners who want more help learning the basics of forex and CFD trading. It offers at least 10 educational pieces focused on these topics, runs monthly online client webinars, and provides 10 or more beginner videos as well as 10 or more advanced videos for traders who want to keep learning. This depth of content is reflected in its 4-star Education rating and its #2 ranking out of 36 brokers by ForexBrokers.com.
Eightcap also gives beginners access to at least 10 beginner trading videos and enough forex or CFD education to meet the minimum standard, but it falls short in a few important areas. It does not offer monthly educational webinars and does not have at least 10 advanced educational videos, which may matter for traders looking to grow beyond the basics. That lighter learning offering lines up with its 3.5-star Education rating and #31 ranking out of 36 brokers.
| Feature |
AvaTrade
|
Eightcap
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that AvaTrade is better than Eightcap. AvaTrade finished with an overall rank of #15, while Eightcap finished with an overall rank of #30.
AvaTrade is a trusted global brand best known for offering an extensive selection of trading platforms for forex and CFD traders, along with strong educational resources and copy trading support.
| Feature |
AvaTrade
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Eightcap
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| Overall Rating |
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| Trust Score | 96 | 87 |
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In an AvaTrade vs Eightcap comparison, neither broker offers buying actual delivered cryptocurrency, but both support trading cryptocurrency CFDs.
AvaTrade vs. Eightcap: both support PayPal, Skrill, and bank wire deposits/withdrawals, do not support ACH or SEPA, and neither specifies Visa or Mastercard availability.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | AvaTrade | Eightcap | |
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| Trust Score | 96 | 87 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | Eightcap Review |
| Broker Screenshots | AvaTrade | Eightcap | |
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| Broker Gallery (click to expand) |
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| Regulation | AvaTrade | Eightcap | |
|---|---|---|---|
| Trust Score | 96 | 87 | |
| Year Founded | 2006 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 3 | |
| Tier-2 Licenses | 4 | 1 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | AvaTrade | Eightcap | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | Yes | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | AvaTrade | Eightcap | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | AvaTrade | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1260 | 803 | |
| Forex Pairs (Total) | 53 | 55 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | AvaTrade | Eightcap | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.93 | 1.0 | |
| All-in Cost EUR/USD - Active | 0.61 | 0.76 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | AvaTrade | Eightcap | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | AvaTrade | Eightcap | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | AvaTrade | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 80 | 100 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | AvaTrade | Eightcap | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 73 | 100 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | AvaTrade | Eightcap | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | AvaTrade | Eightcap | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | AvaTrade | Eightcap | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | AvaTrade Review | Eightcap Review |
| Overall | AvaTrade | Eightcap | |
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| Trust Score | 96 | 87 | |
| Winner | check_circle | ||
| Review | AvaTrade Review | Eightcap Review |
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