Written by ForexBrokers.com
In this head to head comparison of eToro 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.
eToro vs Eightcap: eToro was founded in 2007 and is publicly traded, while Eightcap was founded in 2009 and is not publicly traded. Neither firm is a bank. According to ForexBrokers.com, eToro holds a Trust Score of 97/99, placing it in the “highly trusted” range (90–99), and Eightcap scores 87/99, which is considered “trusted” (80–89).
On regulation, eToro reports 4 Tier-1 licenses (highly trusted) and 1 Tier-2 license (trusted). Eightcap lists 3 Tier-1 licenses and 1 Tier-2 license. Both brokers are well regulated, with eToro showing slightly more top-tier coverage.
| Feature |
eToro
|
Eightcap
|
|---|---|---|
| Year Founded | 2007 | 2009 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 3 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When comparing commissions and fees, eToro and Eightcap take different approaches. eToro is a market-maker broker with a typical variable spread of 1 pip on EUR/USD, which is a bit higher than the industry average. It is not usually the first choice for low-cost trading, but many retail traders like it for its social copy trading tools and platform features. eToro’s commissions and fees rating is 4 stars, and it ranks #23 out of 36 brokers for this category.
Eightcap offers two pricing options, depending on the account type and region: a Raw account with commissions or a Standard account with spreads only. On its commission-based Raw account, Eightcap lists an average spread of 0.06 pips, and after adding the $3.50 per-side commission, the all-in cost is about 0.76 pips, which is just below the industry average of 0.8 pips. While it is not the cheapest broker in the market, it is slightly better priced than eToro overall. Eightcap is rated 4.5 stars for commissions and fees and is ranked #20 out of 36 brokers.
In short, eToro may appeal more to traders who value copy trading and easy-to-use features, while Eightcap is the better pick for traders who want tighter pricing on forex trades. If commissions and fees are your main focus, Eightcap has the edge, though both brokers sit around the middle of the pack rather than at the very lowest end of trading costs.
| Feature |
eToro
|
Eightcap
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $100 |
| Average spread (EUR/USD) - Spread-only account | 1 | 1.0 |
| All-in Cost EUR/USD - Raw spread account | 1 | 0.76 |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to range of investments, eToro offers a wider choice than Eightcap. eToro has 7,441 tradeable symbols and 65 forex pairs, compared with Eightcap’s 803 symbols and 55 forex pairs. Both brokers support forex trading and cryptocurrency CFDs, but eToro goes further by also offering real, delivered cryptocurrency purchases, along with access to exchange-traded securities on both U.S. and international exchanges. That means you can buy shares like Apple or Vodafone directly with eToro, while Eightcap does not offer these non-CFD share purchases.
eToro also stands out for features that expand your investing options, such as copy trading, which Eightcap does not provide. These differences are reflected in third-party ratings too: eToro earns 5 out of 5 stars for Range of Investments and ranks #10 out of 36 brokers at ForexBrokers.com, while Eightcap scores 3.5 out of 5 stars and ranks #30. For investors looking for a broader mix of assets in one place, eToro is the more varied choice.
| Feature |
eToro
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7441 | 803 |
| Forex Pairs (Total) | 65 | 55 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | Yes | 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.
eToro and Eightcap both give traders a free demo account, a web-based platform, and the ability to trade directly from a chart. eToro stands out for its own in-house platform and copy trading, which lets users follow and mirror other traders. It does not offer a Windows desktop download, MetaTrader 4, or MetaTrader 5. Eightcap takes a more traditional route, offering both MT4 and MT5 along with a Windows desktop platform, but it does not include copy trading or a proprietary platform of its own.
When it comes to trading platforms and tools, eToro is rated 4.5 out of 5 stars and ranks #8 out of 36 brokers at ForexBrokers.com, while Eightcap is rated 4 out of 5 stars and ranks #33. In simple terms, eToro may suit traders who want an easy-to-use platform with social and copy trading features, while Eightcap may be a better fit for traders who prefer MetaTrader and desktop trading access.
| Feature |
eToro
|
Eightcap
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 106 | 100 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
eToro and Eightcap both offer mobile trading apps for iPhone and Android, along with stock and forex price alerts. Each app also lets you sync watchlists with your online account, so changes made on your phone or desktop stay up to date. For charting, both platforms support trendline drawing, but eToro offers 104 technical studies in its mobile app compared with 100 at Eightcap.
One key difference is that Eightcap’s mobile app automatically saves chart drawings, while eToro does not. Overall, eToro has the edge for mobile trading apps, with a 4.5-star rating and a #10 rank out of 36 brokers from ForexBrokers.com, compared with Eightcap’s 4-star rating and #33 ranking.
| Feature |
eToro
|
Eightcap
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 104 | 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, eToro and Eightcap both give traders daily market commentary, a sentiment tool that shows long and short positioning, and an economic calendar for tracking major global events. Neither broker offers Autochartist or Trading Central tools, so if you are looking for those specific research features, you will not find them at either platform.
eToro has an edge in research coverage thanks to forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones, plus market research from TipRanks. Eightcap does not offer those two extras, but it does provide research from Acuity Trading, which eToro does not. Overall, eToro is rated higher for research at 4.5 out of 5 stars and ranks #12 out of 36 brokers, while Eightcap scores 3.5 stars and ranks #35.
| Feature |
eToro
|
Eightcap
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | Yes | No |
| Acuity Trading | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking to learn trading, eToro comes out ahead of Eightcap in education. eToro offers forex and CFDs learning content, hosts online educational client webinars at least once a month, and provides 10 or more beginner videos as well as 10 or more advanced videos. It is also highly rated for Education at 4.5 out of 5 stars and ranks #3 out of 36 brokers at ForexBrokers.com, making it a strong choice for traders who want more guided learning support.
Eightcap also gives new traders access to beginner trading videos and forex or CFDs education, but its overall education offering is more limited. It does not offer monthly educational webinars and does not have 10 or more advanced videos for experienced traders. With a 3.5-star Education rating and a #32 ranking out of 36 brokers, Eightcap may still suit beginners who want some basic learning materials, but eToro is the better pick for those who want a wider range of educational resources.
| Feature |
eToro
|
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 eToro is better than Eightcap. eToro finished with an overall rank of #9, while Eightcap finished with an overall rank of #30.
eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.
| Feature |
eToro
|
Eightcap
|
|---|---|---|
| Overall Rating |
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| Trust Score | 97 | 87 |
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In the eToro vs Eightcap comparison, eToro lets you buy actual (delivered) cryptocurrencies and trade cryptocurrency CFDs, whereas Eightcap supports only cryptocurrency CFDs and does not offer direct crypto ownership.
eToro vs Eightcap: eToro supports ACH and SEPA transfers while Eightcap does not, both brokers offer PayPal, Skrill, and bank wire deposits and withdrawals, and Visa/Mastercard availability is not specified for either.
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 | eToro | Eightcap | |
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| Trust Score | 97 | 87 | |
| Winner | check_circle | ||
| Review | eToro Review | Eightcap Review |
| Broker Screenshots | eToro | Eightcap | |
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| Regulation | eToro | Eightcap | |
|---|---|---|---|
| Trust Score | 97 | 87 | |
| Year Founded | 2007 | 2009 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 3 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | eToro | Eightcap | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | 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) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | eToro | 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 | eToro | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7441 | 803 | |
| Forex Pairs (Total) | 65 | 55 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | Yes | 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 | eToro | Eightcap | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 1 | 1.0 | |
| All-in Cost EUR/USD - Raw spread account | 1 | 0.76 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | eToro | Eightcap | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | No |
| Trading Platforms | eToro | Eightcap | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | eToro | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 106 | 100 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | 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 | 104 | 100 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | eToro | Eightcap | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central | No | No | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | eToro | Eightcap | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | eToro | Eightcap | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | eToro Review | Eightcap Review |
| Overall | eToro | Eightcap | |
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| Trust Score | 97 | 87 | |
| Winner | check_circle | ||
| Review | eToro Review | Eightcap Review |
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