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 and Eightcap both offer forex trading as CFDs, and neither lets you trade U.S. or international exchange-listed shares as actual stocks. They also both support cryptocurrency CFDs, but not direct ownership of crypto. In terms of market variety, AvaTrade provides 1,260 tradeable symbols and 53 forex pairs, while Eightcap offers 803 tradeable symbols and 55 forex pairs, giving Eightcap a slight edge in currency pairs but a smaller overall selection.
Where AvaTrade stands out is copy trading, which Eightcap does not offer. That broader mix helps explain why AvaTrade is rated 4 out of 5 for range of investments and ranked #27 out of 36 brokers by ForexBrokers.com, compared with Eightcap’s 3.5 out of 5 rating and #30 ranking. For traders looking for more choice across markets, AvaTrade has the wider investment range overall.
| 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 good mix of platform choices, including free demo accounts, web-based trading, Windows desktop downloads, MetaTrader 4, and MetaTrader 5. Both also let users trade directly from charts, which can make it easier to place orders while watching price movements. In this area, the two brokers are fairly close on the basics, so either one can work well if you want access to familiar trading software and a trial account before risking real money.
The main difference is that AvaTrade goes further with its own in-house platform and copy trading, while Eightcap does not offer either feature. That extra flexibility helps explain why AvaTrade scores higher for trading platforms and tools, with a 4.5-star rating and a #13 ranking out of 36 brokers, compared with Eightcap’s 4-star rating and #32 ranking. If you want a wider set of built-in tools and social trading options, AvaTrade has the edge here.
| 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 offer mobile trading apps for iPhone and Android, along with stock or forex price alerts and watchlist syncing between the app and the online account. Each platform also lets users draw trendlines on charts, making it easier to track price moves on the go. For traders who want a simple mobile setup, both apps cover the basics well.
Where they differ is in chart tools and overall ratings. Eightcap offers 100 technical studies in its mobile app, compared with 73 for AvaTrade, and it also auto-saves chart drawings, which AvaTrade does not. Still, AvaTrade has the edge in user ratings and ranking, with 4.5 out of 5 stars and a #13 spot out of 36 brokers for mobile trading apps, while Eightcap is rated 4 out of 5 stars and ranked #32.
| 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.
AvaTrade has the edge over Eightcap for market research overall, thanks to a wider mix of news and analysis tools. AvaTrade offers forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones, plus Trading Central research, sentiment tools, and an economic calendar. It does not provide daily market commentary, and it does not use Autochartist, but its research rating is still stronger at 4 out of 5 stars, with a ForexBrokers.com research rank of #29 out of 36 brokers.
Eightcap covers some helpful research basics, including daily market commentary, a sentiment tool, and an economic calendar, and it also offers Acuity Trading tools such as Signal Centre. However, it does not include top-tier forex news, Trading Central, Autochartist, or TipRanks. That leaves Eightcap with a lower research score of 3.5 stars and a ForexBrokers.com ranking of #34 out of 36, putting it behind AvaTrade for traders who want more built-in market insight.
| 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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| 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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