Written by ForexBrokers.com
In this head to head comparison of Plus500 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.
Plus500 and Eightcap are two online brokers offering trading services to global customers, but they differ significantly in terms of trust and regulatory standing. Founded in 2008 and 2009 respectively, both companies are not banks. Plus500 is a publicly traded company, giving it additional visibility and scrutiny on the stock exchange, whereas Eightcap remains privately held. In terms of regulation, Plus500 stands out with six Tier-1 licenses and three Tier-2 licenses, contributing to its top-tier Trust Score of 99 from ForexBrokers.com, indicating it is highly trusted.
Eightcap holds three Tier-1 licenses but no Tier-2 licenses, resulting in a Trust Score of 85, which still categorizes it as a trusted option, though not at the same level as Plus500. For investors prioritizing regulatory oversight and credibility, Plus500 offers a more fortified position through its extensive regulatory compliance and public trade status. Meanwhile, Eightcap, with a solid yet slightly lower trust rating, may appeal to those seeking an unlisted broker that still maintains a steady level of trust.
| Feature |
Plus500
|
Eightcap
|
|---|---|---|
| Year Founded | 2008 | 2009 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 6 | 3 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
Comparing commissions and fees, Eightcap can edge out Plus500 on key pairs if you choose its commission-based Raw account. Eightcap’s all-in cost on EUR/USD comes to about 0.76 pips, slightly under the 0.8-pip industry average, while Plus500 averaged 1.5 pips in April 2024. Both brokers sit near the middle of the pack overall. Ratings and rankings: Plus500 is 4.0/5 stars and ranked #24 of 63 for Commissions and Fees; Eightcap is 4.0/5 stars and ranked #27 of 63.
Plus500’s pricing is slightly above the industry average and trails top low-cost leaders for active traders. There are no retail discounts, though Professional clients may qualify for cash rebates. On EUR/USD, Plus500’s spread averaged 1.5 pips in April 2024, which is higher than the industry average.
Eightcap offers two pricing setups: a spread-only Standard account and a commission-based Raw account. The Raw account lists an average spread of 0.06 pips plus a $3.50 per-side commission, bringing the all-in EUR/USD cost to roughly 0.76 pips—just under the industry average. Overall, Eightcap is still a touch pricier than the very cheapest forex brokers, but it can be more cost-effective than Plus500 for spread-sensitive traders who use the Raw account.
| Feature |
Plus500
|
Eightcap
|
|---|---|---|
| Minimum Deposit | €50 | $100 |
| Average Spread EUR/USD - Standard | 1.3 | 1.0 |
| All-in Cost EUR/USD - Active | 1.3 | 0.76 |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing Plus500 vs Eightcap for range of investments: both brokers offer forex trading via CFDs or spot, and both support crypto derivatives (but not direct coin purchases). Plus500 provides a much broader lineup with about 5,500 tradeable symbols and 65 forex pairs, while Eightcap lists roughly 800 symbols and 56 pairs. A key difference is access to real exchange-traded shares: Plus500 lets clients buy actual U.S. and international stocks (not CFDs), whereas Eightcap does not offer real share dealing.
Feature extras and ratings also differ. Eightcap includes copy trading tools, while Plus500 does not. For Range of Investments, Plus500 earns 4.5/5 stars and ranks #22 of 63 brokers at ForexBrokers.com; Eightcap scores 3.5/5 stars and ranks #41. In short, choose Plus500 if you want the widest choice of markets and real share dealing, or go with Eightcap if copy trading matters more.
| Feature |
Plus500
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 800 |
| Forex Pairs (Total) | 65 | 56 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. | 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.
Plus500 and Eightcap both provide free demo (paper) accounts and let you trade in your browser. Plus500 stands out for its proprietary platform developed in-house, but it does not offer a Windows desktop app, copy trading, or MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Eightcap takes the opposite approach: there’s no in-house platform, but you get MT4 and MT5 on Windows and via the web, plus copy trading. If you prefer placing orders straight from a chart, Eightcap supports chart trading, while Plus500 does not. Neither broker integrates DupliTrade or ZuluTrade.
For charting tools, Plus500 lists 36 drawing tools versus 15 at Eightcap; specific technical indicator counts were not provided. Watchlists are more detailed at Plus500 (10 columns) compared with Eightcap (7). In ForexBrokers.com’s Trading Platforms and Tools ratings, Plus500 scores 4.5/5 and ranks 14th out of 63 brokers, while Eightcap earns 4/5 and ranks 39th.
| Feature |
Plus500
|
Eightcap
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 115 | 30 |
| Charting - Drawing Tools (Total) | 36 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 10 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Plus500 and Eightcap both deliver full-featured mobile trading apps for iPhone and Android. Each app lets you set price alerts for stocks and forex, build real-time quote watchlists, and keep watchlists synced between mobile and web. Charting on both apps includes drawing trendlines and switching among multiple time frames such as intraday, daily, and weekly.
The biggest difference is depth of charting tools: Plus500 offers 115 technical studies, while Eightcap provides 30. Eightcap’s app does auto-save chart drawings; Plus500’s does not. Based on ForexBrokers.com, Plus500 earns 4.5 out of 5 stars and ranks #14 of 63 for Mobile Trading Apps, compared to Eightcap’s 4 stars and #39 ranking. If you want more technical indicators and higher third-party scores, Plus500 stands out; if you prefer a simpler toolkit with auto-saving drawings, Eightcap is a solid pick.
| Feature |
Plus500
|
Eightcap
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 115 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing Plus500 vs Eightcap for market research, both brokers cover the basics well: you get daily market commentary, a sentiment tool showing long/short positioning, and an economic calendar to track key events. The big difference is Plus500’s access to Trading Central for technical analysis, which Eightcap doesn’t provide. That edge helps Plus500 earn a 4.0/5 research rating and rank #19 of 63 at ForexBrokers.com, while Eightcap sits at 3.5/5 and #40.
Neither broker includes premium news feeds from Bloomberg, Reuters, or Dow Jones, and both lack Autochartist, TipRanks, and Acuity Trading (Signal Centre). If you want more depth in forex research and trading tools without switching platforms, Plus500’s Trading Central integration can make analysis easier. If you mainly need daily commentary, market sentiment, and an economic calendar, both platforms deliver similar coverage.
| Feature |
Plus500
|
Eightcap
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both Plus500 and Eightcap offer a substantial amount of materials to help newcomers get started with forex and CFD trading. Each platform provides a variety of articles, videos, and archived webinars that cover these topics extensively. Plus500 stands out by offering monthly online educational webinars, a feature Eightcap does not provide. Both brokers offer a searchable archive of past webinars, giving users the opportunity to revisit important content at their convenience.
For beginners seeking video content, both platforms excel with at least 10 educational videos tailored specifically for novice traders. However, Plus500 extends its offering by also providing advanced educational videos for more experienced users, a feature not matched by Eightcap. On the flip side, Eightcap offers an investor dictionary with over 50 investing terms, which Plus500 lacks. In terms of educational ratings, Plus500 scores higher with 4.0 stars compared to Eightcap's 3.5 stars and ranks #31 out of 63 brokers in the Education category, while Eightcap holds the #40 spot.
| Feature |
Plus500
|
Eightcap
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Plus500 is better than Eightcap. Plus500 finished with an overall rank of #14, while Eightcap finished with an overall rank of #38.
Plus500 is a trusted global brand that offers an easy-to-use trading platform for online traders, alongside access to a thorough selection of CFDs. Share trading is available, but only via its Plus500 Invest product offering.
| Feature |
Plus500
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Eightcap
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 85 |
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Both Plus500 and Eightcap provide investors with the opportunity to trade cryptocurrency derivatives, but neither platform offers the option to purchase actual delivered cryptocurrencies.
Both Plus500 and Eightcap do not support ACH or SEPA transfers for deposits and withdrawals, but they do allow transactions via PayPal, Skrill, Visa, Mastercard, and bank wires, offering a versatile range of funding options for their users.
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 | Plus500 | Eightcap | |
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| Trust Score | 99 | 85 | |
| Winner | check_circle | ||
| Review | Plus500 Review | Eightcap Review |
| Broker Screenshots | Plus500 | Eightcap | |
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| Regulation | Plus500 | Eightcap | |
|---|---|---|---|
| Trust Score | 99 | 85 | |
| Year Founded | 2008 | 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 | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | Plus500 | Eightcap | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | 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) | Plus500 | Eightcap | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Plus500 | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 800 | |
| Forex Pairs (Total) | 65 | 56 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. | 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 | Plus500 | Eightcap | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.3 | 1.0 | |
| All-in Cost EUR/USD - Active | 1.3 | 0.76 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Plus500 | Eightcap | |
|---|---|---|---|
| Minimum Deposit | €50 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Plus500 | Eightcap | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Plus500 | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 10 | 7 | |
| Charting - Indicators / Studies (Total) | 115 | 30 | |
| Charting - Drawing Tools (Total) | 36 | 15 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Plus500 | Eightcap | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 115 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Plus500 | Eightcap | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Plus500 | Eightcap | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | Plus500 | Eightcap | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Plus500 Review | Eightcap Review |
| Overall | Plus500 | Eightcap | |
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| Trust Score | 99 | 85 | |
| Winner | check_circle | ||
| Review | Plus500 Review | Eightcap Review |
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