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 commissions and fees, Plus500 is a little pricier than the industry average and not as cheap as top forex brokers for active traders. It does not offer retail client discounts, though qualified Professional clients may receive cash rebates. For EUR/USD, Plus500’s average spread was 1.5 pips in April 2024, which is above the typical market level. Plus500 is rated 4.0 stars and ranks #26 out of 36 brokers for commissions and fees.
Eightcap offers two pricing options: a commission-based Raw account and a spread-only Standard account. On the Raw account, Eightcap lists an average spread of 0.06 pips, and once the $3.50 per-side commission is included, the all-in cost comes to about 0.76 pips, which is just below the industry average of 0.8 pips. That makes Eightcap competitive, though still a bit more expensive than the very lowest-cost forex brokers. Eightcap is rated 4.5 stars and ranks #20 out of 36 brokers for commissions and fees.
Overall, Eightcap edges out Plus500 on pricing for most traders, especially those looking for tighter all-in trading costs. Plus500 may still appeal to some Professional clients who can access cash rebates, but for everyday cost comparison, Eightcap has the better fees profile.
| Feature |
Plus500
|
Eightcap
|
|---|---|---|
| Minimum Deposit | €50 | $100 |
| Average spread (EUR/USD) - Spread-only account | 1.3 | 1.0 |
| All-in Cost EUR/USD - Raw spread account | 1.3 | 0.76 |
| Non-wire bank transfer (Deposit/Withdraw) | 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 comparing Plus500 vs Eightcap for range of investments, Plus500 offers the wider selection overall. Plus500 lists 5,500 tradeable symbols, including 65 forex pairs, while Eightcap offers 803 tradeable symbols and 55 forex pairs. Both brokers support forex trading as CFDs or spot contracts, and both let you trade cryptocurrency CFDs. Neither broker offers copy trading or the ability to buy actual, delivered cryptocurrency.
Where Plus500 pulls further ahead is in share dealing: it offers exchange traded securities on both U.S. and international exchanges, so clients can buy real shares such as Apple or Vodafone. Eightcap does not offer exchange traded securities on U.S. or international exchanges. This broader choice helps explain why Plus500 is rated 4.5 out of 5 for range of investments and ranked #16 out of 36 brokers, compared with Eightcap’s 3.5 out of 5 rating and #31 ranking.
| 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 | 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). 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 broker makes it easy to test ideas and trade from a browser. Plus500 stands out for its in-house platform, which is built by the broker itself, while Eightcap does not offer a proprietary platform but does support both MetaTrader 4 and MetaTrader 5. For traders who prefer desktop software, Eightcap has a Windows download available, while Plus500 does not.
When it comes to extra tools, Eightcap has the edge for more active chart users because it lets clients trade directly from a stock chart, something Plus500 does not offer. Neither broker supports copy trading. In ForexBrokers.com’s Trading Platforms and Tools review, Plus500 scores higher at 4.5 out of 5 stars and ranks #14 out of 36 brokers, while Eightcap earns 4 out of 5 stars and ranks #34, making Plus500 the stronger pick overall for platform experience.
| 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 | No |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 115 | 100 |
| Charting - Trade From Chart | No | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Plus500 and Eightcap both give traders easy access to mobile trading on iPhone and Android, and both apps include price alerts, watchlist syncing, and trendline drawing tools. This means you can track markets and keep your watchlists updated across your phone and online account with either broker. For everyday mobile trading needs, the two platforms cover the basics well.
Where Plus500 stands out is in charting and overall app ratings. Its mobile app offers 115 technical studies compared with Eightcap’s 100, and it earns a higher mobile trading app rating of 4.5 stars versus Eightcap’s 4 stars. Plus500 is also ranked #14 out of 36 brokers for mobile trading apps by ForexBrokers.com, while Eightcap sits at #34. One area where Eightcap has an edge is that it auto-saves chart drawings in its mobile app, 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 | 100 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
Plus500 and Eightcap both give traders daily market commentary, a sentiment tool that shows whether traders are leaning long or short, and an economic calendar for tracking key global events. Neither broker offers forex news from major outlets like Bloomberg, Reuters, or Dow Jones, and neither includes research tools from Autochartist or TipRanks.
Where Plus500 has the edge is in Trading Central, which adds extra technical and fundamental insight, while Eightcap instead offers tools from Acuity Trading, such as Signal Centre. Based on ForexBrokers.com, Plus500 scores higher for research at 4.5 out of 5 stars and ranks #16 out of 36 brokers, compared with Eightcap’s 3.5 stars and #35 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 for learning tools, Plus500 comes out ahead of Eightcap. Plus500 offers forex and CFDs education with at least 10 pieces of content focused on those topics, plus monthly educational webinars, at least 10 beginner videos, and at least 10 advanced videos for more experienced traders. This wider mix of lessons and live sessions makes it easier for new traders to build skills step by step. It is also rated 4.5 out of 5 stars for Education and ranks #27 out of 36 brokers in the ForexBrokers.com Education category.
Eightcap still gives beginners some useful support, including at least 10 beginner trading videos and forex or CFDs education that meets the minimum content standard. However, it does not offer monthly educational webinars and does not have at least 10 advanced educational videos, which may limit learning for traders who want to keep progressing. Eightcap is rated 3.5 out of 5 stars for Education and ranks #33 out of 36, so while it covers the basics, Plus500 offers a more complete educational experience overall.
| Feature |
Plus500
|
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 Plus500 is better than Eightcap. Plus500 finished with an overall rank of #11, 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 | 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). 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) - Spread-only account | 1.3 | 1.0 | |
| All-in Cost EUR/USD - Raw spread account | 1.3 | 0.76 | |
| Inactivity Fee | Yes | Yes | |
| 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 (Deposit/Withdraw) | No | No |
| Trading Platforms | Plus500 | Eightcap | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | No | |
| 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 | 100 | |
| 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 Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 115 | 100 | |
| 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 | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Plus500 | Eightcap | |
|---|---|---|---|
| EUR/USD | Yes | Yes | |
| 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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