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 vs. Spreadex: According to the ForexBrokers.com Trust Score, Eightcap scores 87/99 (Trusted; 80–89), while Spreadex scores 70/99 (Average risk; 70–79). Neither broker is publicly traded or a bank. Eightcap was founded in 2009, and Spreadex in 1999.
On regulation, Eightcap holds 3 Tier-1 licenses (considered highly trusted by ForexBrokers.com) and 1 Tier-2 license (trusted). Spreadex holds 1 Tier-1 license and no Tier-2 licenses. In simple terms, Eightcap has broader top-tier regulatory coverage than Spreadex.
| 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 |
When it comes to commissions and fees, Eightcap and Spreadex are both fairly competitive, but they suit slightly different trading styles. Eightcap offers two account types: a commission-based Raw account and a spread-only Standard account. On the Raw account, the average spread is 0.06 pips, and after adding the $3.50 per-side commission, the all-in cost comes to about 0.76 pips. That is just below the industry average of 0.8 pips, though Eightcap is still a little pricier than the very cheapest forex brokers. Eightcap is rated 4.5 out of 5 stars and ranks #20 out of 36 brokers for commissions and fees.
Spreadex, by comparison, posted an average EUR/USD spread of 0.81 pips in January 2024, with a minimum spread of 0.6 pips available 60% of the time during the month. This puts Spreadex close to Eightcap on pricing, though its average spread was slightly higher in this sample. Spreadex is rated 4 out of 5 stars for commissions and fees and ranks #26 out of 36 brokers in the same category.
In simple terms, Eightcap edges out Spreadex on overall cost and category ranking, especially for traders who use the Raw account and want tight all-in pricing. Spreadex remains a solid option, but based on the figures provided, Eightcap offers the slightly better value for commissions and fees.
| 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 range of investments, Spreadex offers a much wider selection than Eightcap. Spreadex lists 10,000 tradeable symbols, compared with Eightcap’s 803, which makes it the stronger choice for traders looking for more markets to explore. That said, Eightcap does offer a slightly larger selection of forex pairs, with 55 compared with Spreadex’s 52. Both brokers let you trade forex as CFDs or spot contracts, and both offer cryptocurrency CFDs, but neither gives access to real, delivered crypto, stock trading on U.S. or international exchanges, or copy trading.
Overall, Spreadex is rated higher for range of investments, earning 5 out of 5 stars versus Eightcap’s 3.5 stars. This difference also shows up in their ForexBrokers.com rankings, where Spreadex places #13 out of 36 brokers and Eightcap comes in at #30. For traders who want the broadest choice of tradable products, Spreadex has the edge, while Eightcap may still appeal to those who value a slightly larger forex pair offering.
| 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 | 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). | 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.
Eightcap and Spreadex both give traders a choice of web-based platforms and free demo accounts, so you can test the setup before risking real money. Both also let you place trades straight from a chart, and each earns a 4-star rating for trading platforms and tools. In ForexBrokers.com’s ranking, Eightcap sits higher at #32 out of 36 brokers, while Spreadex is further down at #35.
Where they differ most is in platform range. Eightcap supports both MetaTrader 4 and MetaTrader 5, plus a Windows desktop download, which may suit traders who want more platform options and a downloadable app. Spreadex, by contrast, offers its own in-house platform but does not provide MT4, MT5, or a Windows desktop download. Neither broker offers copy trading, so if you want to follow other traders automatically, you will need to look elsewhere.
| 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 | No | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 100 | 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, along with price alerts and the ability to draw trendlines on charts. Each broker also earns a 4-star rating for mobile trading apps, so both provide a solid everyday trading experience on the go. In rankings from ForexBrokers.com, Eightcap places slightly ahead at #32 out of 36 brokers, while Spreadex sits at #34.
Where Eightcap pulls ahead is in app features. Its mobile app includes watchlist symbol syncing, so changes to watchlists carry over between the app and your online account, and it offers 100 technical studies for chart analysis. It also auto-saves chart drawings, which can be helpful if you switch between devices. Spreadex does not offer watchlist syncing or auto-saving for drawings, and its chart study count is not listed, making Eightcap the stronger choice for traders who want more tools and smoother mobile account syncing.
| 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 | 100 | N/A |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, Spreadex has the edge over Eightcap. Both brokers provide daily market commentary, a sentiment tool that helps show whether traders are mostly buying or selling, and an economic calendar for tracking key global events. However, Spreadex also gives access to forex news from major sources like Bloomberg, Reuters, and Dow Jones, plus Autochartist tools for chart and pattern analysis. Eightcap does not offer those extras, though it does include research from Acuity Trading, such as Signal Centre, which Spreadex does not.
Overall, Spreadex is the stronger pick for research features, with a 4-star rating and a #28 ranking out of 36 brokers from ForexBrokers.com, compared with Eightcap’s 3.5-star rating and #34 ranking. For traders who want more news coverage and built-in analysis tools, Spreadex offers more choice, while Eightcap covers the basics well and adds a useful Acuity Trading feed.
| 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.
When it comes to education for beginners, both Eightcap and Spreadex offer a helpful starting point. Each broker provides at least 10 beginner-focused trading videos, and both have enough forex or CFD learning material to count as educational support for newer traders. Neither broker offers monthly educational webinars, and neither stands out for advanced video content aimed at more experienced traders.
There are some differences in overall education quality. Spreadex is rated slightly higher at 4 out of 5 stars for Education, compared with Eightcap’s 3.5 stars. Even so, Eightcap places better in ForexBrokers.com’s Education ranking, coming in at #31 out of 36 brokers, while Spreadex ranks #34. For beginners, that means both brokers can help you get started, but Spreadex looks a little stronger on rating, while Eightcap edges ahead on category ranking.
| Feature |
Eightcap
|
Spreadex
|
|---|---|---|
| Webinars | No | 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 #33.
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
|
|---|---|---|
| Overall Rating |
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| Trust Score | 87 | 70 |
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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 | 70 | |
| Winner | check_circle | ||
| Review | Eightcap Review | Spreadex Review |
| Broker Screenshots | Eightcap | Spreadex | |
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| Regulation | Eightcap | Spreadex | |
|---|---|---|---|
| Trust Score | 87 | 70 | |
| 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 CMA 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 | 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). | 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 | Yes | 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 | No | 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) | 100 | 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 | 100 | 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 | No | 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 | 70 | |
| Winner | check_circle | ||
| Review | Eightcap Review | Spreadex Review |
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