Written by ForexBrokers.com
In this head to head comparison of CMC Markets 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.
CMC Markets and Eightcap are online brokers with multi-jurisdiction regulation. CMC Markets, founded in 1989, is publicly traded and not a bank. Eightcap, founded in 2009, is privately held and also not a bank. On licensing, CMC Markets holds 6 Tier-1 licenses (considered highly trusted by ForexBrokers.com) and 1 Tier-2 license, while Eightcap holds 3 Tier-1 licenses and 1 Tier-2 license.
According to ForexBrokers.com, Trust Score ranges are: 90–99 highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and under 59 not trusted. CMC Markets scores 99/99 (highly trusted), whereas Eightcap scores 87/99 (trusted), reflecting a notable difference in overall regulatory trust.
| Feature |
CMC Markets
|
Eightcap
|
|---|---|---|
| Year Founded | 1989 | 2009 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 6 | 3 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
When it comes to commissions and fees, CMC Markets has the edge over Eightcap. CMC Markets earns a 5-star rating and ranks #4 out of 36 brokers for this category, thanks to its low average spreads and pricing that stays close to its advertised levels. Its standard accounts offer competitive spread-only pricing, while its FX Active commission plan can bring EUR/USD trading costs down to an all-in 0.5 pips with $2.50 per side commissions.
Eightcap also offers solid pricing, but it is not quite as low-cost as CMC Markets. Eightcap is rated 4.5 stars and ranks #20 out of 36 brokers for commissions and fees. Traders can choose between the spread-only Standard account and the commission-based Raw account, which has an average spread of 0.06 pips plus a $3.50 per-side commission, for an estimated all-in cost of about 0.76 pips on EUR/USD.
In simple terms, CMC Markets is the better pick if keeping trading costs down is your top priority. Eightcap is still competitive, but CMC Markets offers more consistent low spreads across account types and a stronger overall value in the commissions and fees category.
| Feature |
CMC Markets
|
Eightcap
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Standard account | 1.3 | 1.0 |
| All-in Cost EUR/USD - Active | 0.65 | 0.76 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to range of investments, CMC Markets has a much wider selection than Eightcap. CMC Markets offers access to 12,029 tradeable symbols and 141 forex pairs, while Eightcap provides 803 symbols and 55 forex pairs. Both brokers support forex trading as CFDs, and both offer cryptocurrency CFDs, but neither lets clients buy actual, delivered crypto. CMC Markets also stands out for offering exchange traded securities on both U.S. and international exchanges, so you can buy real shares such as Apple or Vodafone, while Eightcap does not offer these stock investments.
CMC Markets also has the edge for extra features, with copy trading available and a top 5-star rating for Range of Investments from ForexBrokers.com, where it ranks #9 out of 36 brokers. Eightcap is rated 3.5 stars and ranks #30, reflecting a more limited product lineup. If your main goal is access to a broader mix of markets and more ways to invest, CMC Markets is the stronger choice in this category.
| Feature |
CMC Markets
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 12029 | 803 |
| Forex Pairs (Total) | 141 | 55 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | 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.
CMC Markets and Eightcap both give traders a choice of free demo accounts, Windows desktop downloads, web-based platforms, MetaTrader 4, and MetaTrader 5, so each broker covers the basics well for beginners and active traders alike. Both also let you trade directly from a chart, which can make placing orders faster and easier when you are watching price moves.
CMC Markets stands out more for trading platforms and tools because it also offers its own in-house platform and copy trading, while Eightcap does not provide either of those options. That extra flexibility helps explain why CMC Markets is rated 5 stars and ranked #6 out of 36 brokers by ForexBrokers.com for Trading Platforms and Tools, compared with Eightcap’s 4-star rating and #32 ranking.
| Feature |
CMC Markets
|
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) | 73 | 100 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
CMC Markets and Eightcap both make mobile trading easy for iPhone and Android users, and each app includes price alerts, watchlist syncing with the online account, trendline drawing, and auto-saving of chart drawings. That means traders can move between desktop and mobile without losing track of watchlists or chart work, which is helpful for staying on top of the market while away from a computer.
Where the two differ most is in charting depth and overall app quality. CMC Markets offers 29 technical studies in its mobile app and is rated 5 stars for Mobile Trading Apps, with a ForexBrokers.com rank of #5 out of 36 brokers. Eightcap offers a much larger 100 technical studies, but its mobile app is rated 4 stars and ranks #32 out of 36. For traders who want the stronger overall mobile experience, CMC Markets has the edge, while Eightcap stands out for a wider range of chart studies.
| Feature |
CMC Markets
|
Eightcap
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 29 | 100 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
CMC Markets has a clear edge over Eightcap for market research. Both brokers provide daily market commentary, a sentiment tool showing long and short positioning, and an economic calendar with global events. However, CMC Markets goes further with forex news from top-tier sources like Reuters and Dow Jones, plus Autochartist tools for technical and fundamental analysis, which can be helpful for traders looking for extra ideas and market signals.
Eightcap still covers the basics well and adds Acuity Trading research tools such as Signal Centre, but it does not offer the same level of third-party news coverage or Autochartist support as CMC Markets. This gap is reflected in the ratings and rankings: CMC Markets earns 5 stars for Research and ranks #6 out of 36 brokers, while Eightcap is rated 3.5 stars and ranks #34. For traders who want deeper market research, CMC Markets is the stronger choice.
| Feature |
CMC Markets
|
Eightcap
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking for trading education, CMC Markets comes out ahead of Eightcap in a few key areas. Both brokers offer forex or CFDs education with at least 10 learning pieces, and both provide 10 or more beginner-friendly videos on trading basics. Neither broker offers monthly educational webinars, but CMC Markets adds more depth with at least 10 advanced videos for experienced traders, while Eightcap does not meet that mark. That extra range helps CMC Markets serve both new and more active traders who want to keep learning over time.
These differences are reflected in third-party education ratings as well. CMC Markets is rated 5 stars for Education and ranks #10 out of 36 brokers at ForexBrokers.com, while Eightcap is rated 3.5 stars and ranks #31. If you want a broker with more learning content and a stronger overall education offering for beginners, CMC Markets is the better choice here.
| Feature |
CMC Markets
|
Eightcap
|
|---|---|---|
| Webinars | No | 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 CMC Markets is better than Eightcap. CMC Markets finished with an overall rank of #5, while Eightcap finished with an overall rank of #30.
CMC Markets is well-trusted across the globe, and delivers a terrific trading experience thanks to its excellent pricing and selection of over 12,000 tradeable instruments.
| Feature |
CMC Markets
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Eightcap
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|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 87 |
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CMC Markets vs Eightcap: these online brokers do not support buying actual (delivered) cryptocurrency, but both offer cryptocurrency CFD trading.
Comparing deposit and withdrawal methods, CMC Markets supports ACH/SEPA, PayPal, and bank wire transfers but not Skrill (Visa/Mastercard availability not specified), whereas Eightcap supports PayPal, Skrill, and bank wires but not ACH/SEPA (Visa/Mastercard availability not specified).
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 | CMC Markets | Eightcap | |
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| Trust Score | 99 | 87 | |
| Winner | check_circle | ||
| Review | CMC Markets Review | Eightcap Review |
| Broker Screenshots | CMC Markets | Eightcap | |
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| Regulation | CMC Markets | Eightcap | |
|---|---|---|---|
| Trust Score | 99 | 87 | |
| Year Founded | 1989 | 2009 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 6 | 3 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | CMC Markets | Eightcap | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | CMC Markets | Eightcap | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | CMC Markets | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 12029 | 803 | |
| Forex Pairs (Total) | 141 | 55 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | 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 | CMC Markets | Eightcap | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.3 | 1.0 | |
| All-in Cost EUR/USD - Active | 0.65 | 0.76 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | CMC Markets | Eightcap | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | CMC Markets | 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 | CMC Markets | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 73 | 100 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | CMC Markets | 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 | 29 | 100 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | CMC Markets | Eightcap | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | CMC Markets | Eightcap | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | CMC Markets | Eightcap | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | CMC Markets Review | Eightcap Review |
| Overall | CMC Markets | Eightcap | |
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| Trust Score | 99 | 87 | |
| Winner | check_circle | ||
| Review | CMC Markets Review | Eightcap Review |
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