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.
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.
Founded in 2009, Eightcap is an online broker known for its strong regulatory standings, holding three Tier-1 licenses which are considered highly trusted by ForexBrokers.com. With a Trust Score of 85, Eightcap falls into the trusted category, ensuring users can rely on its services. Despite not being publicly traded or a bank, Eightcap’s regulatory framework positions it as a competitive choice for online trading needs.
Spreadex, which entered the market in 1999, also operates under a secure regulatory environment but holds just one Tier-1 license. This positions it with an average risk Trust Score of 71 according to ForexBrokers.com. While Spreadex is neither publicly traded nor a bank, those considering Spreadex should weigh its lower trust rating in relation to their individual trading priorities.
| Feature |
Eightcap
|
Spreadex
|
|---|---|---|
| Year Founded | 2009 | 1999 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
Eightcap offers two account types that affect your costs: the commission-based Raw account and the spread-only Standard account. On the Raw account, the average spread is 0.06 pips, and with a per-side commission of $3.50, the all-in cost comes to about 0.76 pips—just under the industry average of 0.8 pips. Overall, Eightcap is slightly pricier than the very cheapest forex brokers. Commissions and fees rating: 4 out of 5 stars; ranking: #27 of 63 (ForexBrokers.com).
Spreadex reported an average EUR/USD spread of 0.81 pips in January 2024, with its 0.6-pip minimum achieved 60% of the time that month. Commissions and fees rating: 4 out of 5 stars; ranking: #28 of 63 (ForexBrokers.com).
Comparing the two, Eightcap’s all-in 0.76 pips on its Raw account can edge out Spreadex’s 0.81-pip average, though Spreadex often hits 0.6 pips, which can narrow the difference depending on market conditions. If you want potentially tighter pricing via a commission-based structure, Eightcap’s Raw account may appeal; if you prefer watching the spread level without focusing on commissions, Spreadex’s published spreads provide a straightforward reference point.
| 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.
Eightcap vs Spreadex: both support forex trading via CFDs, but their market breadth differs. Spreadex offers about 10,000 tradeable instruments compared with Eightcap’s 803. When it comes to currency markets, Eightcap lists 55 forex pairs, slightly more than Spreadex’s 52. Neither broker lets you buy exchange-traded shares in the U.S. or abroad (non-CFD stocks are not available).
For added features, Eightcap includes copy trading, while Spreadex does not. Both brokers offer cryptocurrency CFDs, but neither provides access to actual, delivered crypto. Reflecting their product ranges, Eightcap holds a 3.5-star Range of Investments rating and ranks 41st out of 63 brokers, whereas Spreadex earns 5 stars and ranks 14th. Choose Eightcap if copy trading or a few extra forex pairs matter to you; pick Spreadex if you want the widest overall selection of markets.
| 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.
Eightcap vs Spreadex: both brokers provide a free demo account and a web-based trading platform, plus the ability to place orders directly from charts. Eightcap does not have a proprietary platform, but supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and offers a Windows desktop download. Spreadex goes the other way: it offers an in-house platform but no Windows desktop app, and it does not support MT4 or MT5. For social features, Eightcap includes copy trading, while Spreadex does not.
In our Trading Platforms and Tools category, both brokers earn 4 stars. However, Eightcap ranks #39 out of 63 brokers, while Spreadex ranks #47. If you want MT4/MT5, copy trading, or a Windows desktop platform, Eightcap is the clearer pick. If you prefer using a proprietary web platform built by the broker, Spreadex will suit you.
| 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 for stocks and forex. If keeping your watchlists consistent matters, Eightcap syncs symbols between the mobile app and your online account, while Spreadex does not.
For charting, Eightcap’s app includes 30 technical studies, supports drawing trendlines, and automatically saves your drawings. Spreadex also allows trendlines, but it doesn’t list a count of technical studies and it doesn’t auto-save drawings. Both apps are rated 4 out of 5 stars, yet Eightcap ranks higher on ForexBrokers.com for Mobile Trading Apps (#39 of 63) compared with Spreadex (#47 of 63).
| 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.
Comparing Eightcap and Spreadex for market research, both brokers deliver daily market commentary, a sentiment tool showing the long/short ratio, and an economic calendar. The biggest differences are in premium content and add-ons: Spreadex includes forex news from top-tier sources (such as Bloomberg/Reuters-level feeds) and offers Autochartist for pattern recognition and technical ideas. Eightcap counters with research tools from Acuity Trading (e.g., Signal Centre). Neither broker provides Trading Central or TipRanks.
In independent ratings, Spreadex scores 4 out of 5 stars for research and ranks #32 out of 63 brokers, while Eightcap earns 3.5 stars and ranks #40. If you want integrated premium news and Autochartist, Spreadex is the stronger pick. If you prefer Acuity Trading signals to guide ideas, Eightcap fits well. Both cover core research needs for everyday traders.
| 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.
For beginners comparing Eightcap and Spreadex, both brokers offer a solid starting point with at least 10 beginner-focused trading videos. Eightcap stands out for running monthly educational webinars, giving newcomers a chance to learn live and ask questions, while Spreadex does not provide ongoing client webinars. Neither broker currently offers 10 or more advanced videos aimed at experienced traders, so the emphasis at both is more on early-stage learning than deep, expert-level material.
When it comes to scores, Spreadex earns a higher education rating (4 out of 5) than Eightcap (3.5 out of 5). However, Eightcap is ranked slightly higher in the Education category overall (#40 of 63) compared to Spreadex (#45 of 63). If live, interactive learning is important to you, Eightcap’s monthly webinars make it appealing. If you prefer a higher-rated library of beginner content, Spreadex may be the better fit.
| 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 #38, while Spreadex finished with an overall rank of #39.
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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|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 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 | 85 | 71 | |
| Winner | check_circle | ||
| Review | Eightcap Review | Spreadex Review |
| Broker Screenshots | Eightcap | Spreadex | |
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| Regulation | Eightcap | Spreadex | |
|---|---|---|---|
| Trust Score | 85 | 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 | 0 | 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 (SFC 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 | 85 | 71 | |
| Winner | check_circle | ||
| Review | Eightcap Review | Spreadex Review |
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