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Plus500 vs Eightcap 2021

Is Eightcap better than Plus500? In our analysis of 23 international regulators across 50 brokers, Eightcap is considered average-risk, with an overall Trust Score of 73 out of 99. Plus500 is considered low-risk, with an overall trust score of 98 out of 99. Learn more about Trust Score.


CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Overall Rating

Feature Plus500 Eightcap
Overall 4 3.5
Commissions & Fees 4 3.5
Offering of Investments 4 3.5
Platforms & Tools 4 3.5
Mobile Trading 4 3.5
Research 3 3
Education 3 3
Trust Score 98 73
Plus500 Review Eightcap Review
72% of retail CFD accounts lose money

Regulation

Feature Plus500 Eightcap
Trust Score 98 73
Year Founded
2008 2009
Publicly Traded (Listed)
Yes No
Bank
No No
Tier-1 Licenses
3 2
Tier-2 Licenses
4 1
Tier-3 Licenses
0 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses (High Trust)

Feature Plus500 Eightcap
ASIC Authorised (Australia)
Yes Yes
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
Yes No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
No No

Tier-2 Licenses (Average Trust)

Feature Plus500 Eightcap
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
Yes Yes
CBI Authorised (Ireland)
No No
ISA Authorised (Israel)
Yes No
FMA Authorised (New Zealand)
Yes No
CBR Authorised (Russia)
No No
FSCA Authorised (South Africa)
Yes No
SEC Authorised (Thailand)
No No

Tier-3 Licenses (Low Trust)

Feature Plus500 Eightcap
SCB Authorised (Bahamas) No No
IFSC Authorised (Belize) No No
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands)
No No
FSC Authorised (Mauritius)
No No

Investments

Feature Plus500 Eightcap
Forex Trading
Yes Yes
CFD Trading
Yes Yes
Tradeable Symbols (Total)
1896 76
Forex Pairs (Total)
71 45
US Stock Trading (Non CFD)
Yes No
Int'l Stock Trading (Non CFD)
Yes No
Cryptocurrency (Physical)
No No
Cryptocurrency (CFD)
Yes Yes
Social Trading / Copy-Trading
No Yes

Cost

Feature Plus500 Eightcap
Average Spread EUR/USD - Standard
0.6 (as of Aug 2018) N/A
All-in Cost EUR/USD - Active
N/A 0.76
Active Trader or VIP Discounts
No No
Execution: Agency Broker
No Yes
Execution: Market Maker
Yes Yes

Funding

Feature Plus500 Eightcap
Minimum Deposit
€100 $100
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
Yes No
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature 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

Feature Plus500 Eightcap
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
9 MetaTrader (Default)
Charting - Indicators / Studies (Total)
110 MetaTrader (Default)
Charting - Drawing Tools (Total)
21 MetaTrader (Default)
Charting - Trade From Chart
No Yes
Charting - Drawings Autosave
No Yes
Order Type - Trailing Stop
Yes No

Mobile Trading

Feature Plus500 Eightcap
Android App
Yes Yes
Apple iOS App
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
Yes No
Charting - Indicators / Studies
110 MetaTrader (Default)
Charting - Draw Trendlines
Yes Yes
Charting - Trendlines Moveable
No No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No No
Forex Calendar
Yes Yes

Research

Feature Plus500 Eightcap
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
No No
Weekly Webinars
No No
Autochartist
No No
Trading Central (Recognia)
No No
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes No
Economic Calendar
Yes No

Education

Feature Plus500 Eightcap
Has Education - Forex or CFDs
No Yes
Client Webinars
No No
Client Webinars (Archived)
No Yes
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
No No
Investor Dictionary (Glossary)
No Yes

Major Forex Pairs

Feature 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

Overall

Feature Plus500 Eightcap
Overall 4 3.5
Commissions & Fees 4 3.5
Offering of Investments 4 3.5
Platforms & Tools 4 3.5
Mobile Trading 4 3.5
Research 3 3
Education 3 3
Trust Score 98 73
Plus500 Review Eightcap Review

Comparing forex brokers side by side is no easy task. For our 2021 annual forex broker review, we spent hundreds of hours assessing 27 forex and CFD brokerages to find the best forex broker. Let's compare Eightcap vs Plus500.

Does Eightcap or Plus500 offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Plus500 offers better pricing overall for traders.

Is Eightcap or Plus500 safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. Plus500 holds 3 global Tier-1 licenses, while Eightcap holds 2. Plus500 holds 4 global Tier-2 licenses, while Eightcap holds 1. In our analysis of 23 international regulators across 50 brokers, Plus500 earned a higher Trust Score than Eightcap.

Which trading platform is better: Eightcap or Plus500?
To compare the trading platforms of both Eightcap and Plus500, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Plus500 offers a better experience. With research, Eightcap offers superior market research. Finally, we found Plus500 to provide better mobile trading apps.

What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. While Eightcap offers copy trading, Plus500 does not. Eightcap offers MetaTrader 4 (MT4), while Plus500 does not.

How many forex pairs and CFDs are available to trade?
Plus500 provides traders 71 currency pairs (e.g., EUR/USD) compared to Eightcap's 45 available pairs. Forex pairs aside, Plus500 offers traders access to 1896 CFDs while Eightcap has 76 available CFDs, a difference of 1,820.

Can I trust Eightcap?
Eightcap is not publicly traded and does not operate a bank. Eightcap is authorised by two tier-1 regulators (high trust), zero tier-2 regulators (average trust), and zero tier-3 regulators (low trust). Eightcap is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA) and the Australian Securities & Investment Commission (ASIC).

Can I trust Plus500?
Plus500 is publicly traded and does not operate a bank. Plus500 is authorised by three tier-1 regulators (high trust), four tier-2 regulators (average trust), and zero tier-3 regulators (low trust). Plus500 is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA), Australian Securities & Investment Commission (ASIC), and the Monetary Authority of Singapore (MAS).

Is Eightcap good?
With a small range of markets and no standout features across its research, education, platforms, and account offerings, Eightcap struggles to compete with the best forex brokers.

Is Plus500 good?
Plus500 is a trusted global brand that offers online traders an easy-to-use trading platform and a thorough selection of CFD instruments. However, Plus500 trails industry leaders in market research and advanced trading tools desired by active traders.

Overall winner: Plus500

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Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published website as of 12/14/2020 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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Plus500UK Ltd is authorised and regulated by the Financial Conduct Authority (FRN 509909).

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