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 (founded 2008) and Eightcap (founded 2009) are online brokers with different trust profiles. Plus500 is publicly traded, while Eightcap is privately held; neither is a bank. According to ForexBrokers.com’s Trust Score, Plus500 scores 99 (highly trusted) and Eightcap scores 87 (trusted). For context: 90–99 = highly trusted, 80–89 = trusted, 70–79 = average risk, 60–69 = high risk, and below 59 should not be trusted.
Regulation is another key difference. Plus500 holds 7 Tier-1 licenses (highly trusted) and 4 Tier-2 licenses (trusted). Eightcap holds 3 Tier-1 licenses and 1 Tier-2 license. In short, Plus500 offers a wider range of top-tier regulatory approvals alongside the maximum Trust Score, while Eightcap maintains a trusted rating with fewer licenses.
| Feature |
Plus500
|
Eightcap
|
|---|---|---|
| Year Founded | 2008 | 2009 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 3 |
| Tier-2 Licenses | 4 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
When comparing Plus500 and Eightcap on commissions and fees, both brokers sit around the middle of the pack rather than among the cheapest choices. Plus500’s pricing is slightly above the industry average, with its EUR/USD spread averaging 1.5 pips in April 2024, which is higher than what many low-cost forex brokers charge. It does not offer retail pricing discounts, though qualified Professional clients may receive cash rebates. Plus500 is rated 4.0/5 stars and ranks #24 out of 36 brokers for commissions and fees.
Eightcap gives traders a choice between a spread-only Standard account and a commission-based Raw account, so the final cost depends on which account you use. Its Raw account shows an average spread of 0.06 pips, but after the $3.50 per-side commission is added, the all-in cost is about 0.76 pips, which is just below the industry average of 0.8 pips. That makes Eightcap a bit more competitive than Plus500 on pricing, though it is still not among the very cheapest brokers. Eightcap is rated 4.5/5 stars and ranks #20 out of 36 brokers for commissions and fees.
Overall, Eightcap has the edge for lower trading costs, especially if you choose its Raw account, while Plus500 is simpler but a little more expensive on spreads. If keeping commissions and fees as low as possible is your main goal, Eightcap is the stronger option of the two.
| Feature |
Plus500
|
Eightcap
|
|---|---|---|
| Minimum Deposit | €50 | $100 |
| Average spread (EUR/USD) - Standard account | 1.3 | 1.0 |
| All-in Cost EUR/USD - Active | 1.3 | 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.
When it comes to range of investments, Plus500 offers more choice than Eightcap. Both brokers support forex trading as CFDs or spot contracts, and both let you trade cryptocurrency CFDs, but neither offers delivered crypto. Plus500 stands out with 5,500 tradeable symbols and 65 forex pairs, compared with Eightcap’s 803 symbols and 55 forex pairs. Plus500 also lets clients buy real shares on both U.S. and international exchanges, while Eightcap does not offer exchange-traded securities.
Eightcap does have one clear edge: copy trading is available, while Plus500 does not offer it. Still, for traders who want a wider spread of markets, Plus500 comes out ahead overall. It is rated 4.5 out of 5 stars for range of investments and ranks #16 out of 36 brokers, while Eightcap holds a 3.5-star rating and ranks #29 out of 36.
| Feature |
Plus500
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 803 |
| Forex Pairs (Total) | 65 | 55 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | Yes |
| 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). 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 give traders a free demo account and a web-based platform, so each is easy to try and use without downloading software. Plus500 stands out for its own in-house platform, which may appeal to beginners who want a simple, guided setup. It also earns a higher Trading Platforms and Tools score, with 4.5 out of 5 stars and a ForexBrokers.com ranking of #14 out of 36 brokers.
Eightcap offers a wider set of platform choices for more active traders, including a Windows desktop app, MetaTrader 4, MetaTrader 5, and copy trading. It also lets users place trades directly from charts, which can be useful for quicker order entry. While Eightcap scores 4 out of 5 stars and ranks #31 out of 36 in the Trading Platforms and Tools category, it may better suit traders who want MetaTrader support and more advanced trading features.
| Feature |
Plus500
|
Eightcap
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 115 | 30 |
| Charting - Trade From Chart | No | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Plus500 and Eightcap both make it easy to trade on the go, since each offers iPhone and Android apps, plus price alerts and watchlist syncing between the mobile app and online account. Both apps also let users draw trendlines on charts, which can help with basic chart analysis. For everyday mobile trading needs, the two brokers are similar in core features.
The main difference is in charting depth and app ratings. Plus500 offers 115 technical studies in its mobile app, compared with 30 at Eightcap, and Plus500’s app also earns a higher Mobile Trading Apps score, at 4.5 out of 5 stars versus Eightcap’s 4 stars. ForexBrokers.com also ranks Plus500 higher in this category, placing it #14 out of 36 brokers, while Eightcap sits at #31. One area where Eightcap has an edge is that its mobile app auto-saves drawings, while Plus500 does not.
| Feature |
Plus500
|
Eightcap
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 115 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, Plus500 and Eightcap both give traders useful day-to-day updates. Each platform offers daily market commentary, a sentiment tool that shows how traders are positioned, and an economic calendar for tracking key global events. Neither broker provides forex news from major outlets like Bloomberg or Reuters, and neither includes Autochartist or TipRanks research.
The main difference is in third-party research tools. Plus500 includes Trading Central, which can help with technical analysis, while Eightcap does not. Eightcap, however, offers Acuity Trading tools such as Signal Centre, which Plus500 does not. Overall, Plus500 holds the edge for research with a 4.5-star rating and a #16 ranking out of 36 brokers, compared with Eightcap’s 3.5-star rating and #33 ranking.
| Feature |
Plus500
|
Eightcap
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | No | 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.
For beginners looking to learn the basics of trading, both Plus500 and Eightcap provide a solid starting point. Each broker offers forex or CFDs education with at least 10 learning pieces, plus online educational webinars at least once a month. They also both have 10 or more beginner-focused videos, which makes it easier for new traders to build confidence and understand key trading ideas in simple terms.
Where Plus500 stands out is in its wider range of advanced learning content. It offers 10 or more advanced videos for more experienced traders, while Eightcap does not meet that same mark. That difference helps explain why Plus500 is rated higher for Education at 4.5 out of 5 stars and ranks #26 out of 36 brokers, compared with Eightcap’s 3.5-star rating and #31 ranking. For beginners, both can work, but Plus500 offers a slightly stronger overall learning package.
| Feature |
Plus500
|
Eightcap
|
|---|---|---|
| Webinars | Yes | Yes |
| 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 Plus500 is better than Eightcap. Plus500 finished with an overall rank of #14, while Eightcap finished with an overall rank of #30.
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 | 87 |
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In the Plus500 vs Eightcap comparison, neither broker offers actual (delivered) cryptocurrency purchases, but both provide trading in cryptocurrency CFDs.
Both Plus500 and Eightcap support PayPal, Skrill, and bank wire deposits/withdrawals, do not offer ACH or SEPA transfers, and do not specify the availability of Visa or Mastercard funding options.
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 | 87 | |
| Winner | check_circle | ||
| Review | Plus500 Review | Eightcap Review |
| Broker Screenshots | Plus500 | Eightcap | |
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| Regulation | Plus500 | Eightcap | |
|---|---|---|---|
| Trust Score | 99 | 87 | |
| 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 | 7 | 3 | |
| Tier-2 Licenses | 4 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | Plus500 | 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) | 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, FSRA, or CMA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | Yes | No | |
| Jordan (JSC Authorised) |
| Investments | Plus500 | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 803 | |
| Forex Pairs (Total) | 65 | 55 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | Yes | |
| 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). 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 account | 1.3 | 1.0 | |
| All-in Cost EUR/USD - Active | 1.3 | 0.76 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Plus500 | Eightcap | |
|---|---|---|---|
| Minimum Deposit | €50 | $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 | Plus500 | Eightcap | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | Plus500 | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 115 | 30 | |
| 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 Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 115 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Plus500 | Eightcap | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | No | No | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Plus500 | Eightcap | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Plus500 | Eightcap | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Plus500 Review | Eightcap Review |
| Overall | Plus500 | Eightcap | |
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| Trust Score | 99 | 87 | |
| Winner | check_circle | ||
| Review | Plus500 Review | Eightcap Review |
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