Written by ForexBrokers.com
In this head to head comparison of Eightcap vs Spreadex, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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Eightcap (founded in 2009) and Spreadex (founded in 1999) are private, non‑bank online brokers; neither is listed on a stock exchange. If you’re comparing Eightcap vs Spreadex, the key differences come from their regulation and independent trust ratings.
Regulation: Eightcap holds three Tier‑1 licenses and one Tier‑2 license, while Spreadex holds one Tier‑1 license and no Tier‑2 licenses. (ForexBrokers.com considers Tier‑1 regulators highly trusted and Tier‑2 trusted.) Trust Score: Eightcap is rated 87/99 (trusted, per the 80–89 range), and Spreadex is rated 71/99 (average risk, per the 70–79 range).
| Feature |
Eightcap
|
Spreadex
|
|---|---|---|
| Year Founded | 2009 | 1999 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
Comparing commissions and fees, both Eightcap and Spreadex earn 4 out of 5 stars. Eightcap ranks #20 out of 63 brokers for this category on ForexBrokers.com, while Spreadex ranks #25 out of 63. On headline EUR/USD pricing, Eightcap’s commission-based setup often edges out Spreadex by a small margin, though the best choice can depend on your account type and how you trade.
Eightcap offers two account types: the commission-based Raw account and the spread-only Standard account, across entities in Australia, the Bahamas, the U.K., and Cyprus. On the Raw account, Eightcap lists an average spread of 0.06 pips; once you add the $3.50 per-side commission, the all-in cost is about 0.76 pips—just under the industry average of 0.8 pips. Overall, Eightcap is slightly more expensive than the very cheapest forex brokers, but its Raw pricing is competitive for active traders.
Spreadex reported an average EUR/USD spread of 0.81 pips in January 2024, with a 0.6-pip minimum achieved 60% of the time during the month. That means pricing can be tight frequently, but on average it sits a touch higher than Eightcap’s Raw all-in cost. Spreadex’s commissions and fees rating is 4 out of 5 stars, and it’s ranked #25 out of 63 for this category.
| Feature |
Eightcap
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average spread (EUR/USD) - Standard account | 1.0 | 0.81 |
| All-in Cost EUR/USD - Active | 0.76 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to the range of investments, both Eightcap and Spreadex support forex trading (CFD/spot). Spreadex offers far more markets overall, with about 10,000 tradeable symbols compared to Eightcap’s 803. Forex traders will find a small edge at Eightcap for currency choice (55 forex pairs versus 52 at Spreadex), but Spreadex wins on sheer market breadth.
Neither broker lets you buy real exchange-listed shares in the U.S. or abroad; access is via derivatives instead. Both offer cryptocurrency CFDs but not actual coins. Eightcap adds copy trading, while Spreadex does not. In independent testing by ForexBrokers.com for Range of Investments, Eightcap earned 3.5 out of 5 stars and ranked 29th out of 63 brokers, whereas Spreadex scored 5 out of 5 stars and ranked 13th, reflecting its wider selection of instruments.
| Feature |
Eightcap
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 803 | 10000 |
| Forex Pairs (Total) | 55 | 52 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | 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). | 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.
Both Eightcap and Spreadex offer free demo (paper) accounts and let you place trades directly from charts. Eightcap leans on industry-standard platforms, offering MetaTrader 4 and MetaTrader 5 on the web and as a Windows desktop download, plus copy trading. Spreadex, by contrast, runs its own proprietary web platform, does not provide a Windows desktop download, and does not support MT4/MT5 or copy trading. Exact counts for built-in technical indicators and watchlist columns were not specified for either broker.
For trading platforms and tools, both brokers earned 4 out of 5 stars from ForexBrokers.com. Eightcap ranks slightly higher at #31 out of 63 brokers, while Spreadex is #34. If you want MetaTrader and copy trading across desktop and web, Eightcap is the clearer fit; if you prefer a streamlined, broker-built web experience, Spreadex may appeal.
| Feature |
Eightcap
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | 58 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Eightcap and Spreadex both offer mobile trading apps for iPhone and Android, and each supports price alerts to help you track market moves. Both earn 4 stars for their mobile apps, with Eightcap ranked #31 and Spreadex #33 out of 63 brokers by ForexBrokers.com—so they’re closely matched overall.
Where they differ is in tools and convenience. Eightcap lists 30 technical indicators in its app, while Spreadex doesn’t publish a count. Both let you draw trendlines, but Eightcap saves your chart drawings automatically and also syncs your watchlists between the app and your online account; Spreadex lacks auto-save for drawings and doesn’t sync watchlists. If you want more charting options and seamless watchlist syncing, Eightcap has the edge. If you just need the basics on iPhone or Android with price alerts, either app will do.
| Feature |
Eightcap
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Eightcap and Spreadex both cover the essentials for market research with daily market commentary, an economic calendar, and a sentiment tool. Spreadex stands out for delivering forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, and it also includes Autochartist for technical pattern recognition. Eightcap skips premium news and Autochartist, but adds research from Acuity Trading (Signal Centre), which Spreadex does not offer. Neither broker integrates Trading Central or TipRanks.
For overall research, Eightcap is rated 3.5 out of 5 stars and ranks 33rd out of 63 brokers, while Spreadex earns 4 out of 5 stars and ranks 27th. In short: choose Spreadex if you want built-in premium news and Autochartist, or pick Eightcap if Acuity/Signal Centre insights matter more to you. Both deliver core tools for staying on top of market events and crowd positioning.
| Feature |
Eightcap
|
Spreadex
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | Yes |
| Trading Central | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Eightcap vs Spreadex for beginner education: both brokers provide at least 10 beginner-focused videos that explain core forex and CFD concepts in plain language. Eightcap also hosts live educational webinars about once a month, which is useful if you prefer learning in real time and asking questions; Spreadex does not offer monthly client webinars. Neither broker reaches 10 or more advanced-level videos, so their video libraries lean more toward getting started than deep, expert content.
When it comes to ratings, Spreadex scores 4 out of 5 stars for Education, while Eightcap earns 3.5 stars. In ForexBrokers.com’s Education rankings out of 63 brokers, Eightcap is placed at #31 and Spreadex at #33. If live webinars and interaction matter to you, Eightcap is the better fit; if you want a slightly higher-rated overall education experience for beginners, consider Spreadex.
| Feature |
Eightcap
|
Spreadex
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Eightcap is better than Spreadex. Eightcap finished with an overall rank of #30, while Spreadex finished with an overall rank of #32.
Eightcap enhances its status as a MetaTrader-only broker with support for a suite of third-party plug-ins, including TradingView.
| Feature |
Eightcap
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Spreadex
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| Trust Score | 87 | 71 |
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Comparing online brokers Eightcap and Spreadex, neither supports buying actual (delivered) cryptocurrencies, but both offer trading in cryptocurrency CFDs.
Eightcap vs Spreadex: both lack ACH/SEPA and offer bank wire transfers for deposits and withdrawals, but only Eightcap supports PayPal and Skrill; 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 | Eightcap | Spreadex | |
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| Trust Score | 87 | 71 | |
| Winner | check_circle | ||
| Review | Eightcap Review | Spreadex Review |
| Broker Screenshots | Eightcap | Spreadex | |
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| Regulation | Eightcap | Spreadex | |
|---|---|---|---|
| Trust Score | 87 | 71 | |
| Year Founded | 2009 | 1999 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | Eightcap | Spreadex | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | No | 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 | No |
| Tier-2 Licenses (Trusted) | Eightcap | Spreadex | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Eightcap | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 803 | 10000 | |
| Forex Pairs (Total) | 55 | 52 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | 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). | 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 | Eightcap | Spreadex | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.0 | 0.81 | |
| All-in Cost EUR/USD - Active | 0.76 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Eightcap | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Eightcap | Spreadex | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | Eightcap | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 58 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Eightcap | Spreadex | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Eightcap | Spreadex | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Eightcap | Spreadex | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | Eightcap | Spreadex | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Eightcap Review | Spreadex Review |
| Overall | Eightcap | Spreadex | |
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| Trust Score | 87 | 71 | |
| Winner | check_circle | ||
| Review | Eightcap Review | Spreadex Review |
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