Written by ForexBrokers.com
In this head to head comparison of StoneX Trading 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.
StoneX Trading, founded in 1983, is the older and more established broker in this comparison. It is publicly traded and is not a bank, which may appeal to traders who value transparency. ForexBrokers.com gives StoneX Trading a Trust Score of 99 out of 99, placing it in the highly trusted range, supported by 7 Tier-1 licenses and 1 Tier-2 license.
Eightcap, founded in 2009, is also not a bank, but it is not publicly traded. ForexBrokers.com rates Eightcap at 87 out of 99, which still falls in the trusted range, though below StoneX Trading. Eightcap holds 3 Tier-1 licenses and 1 Tier-2 license, making it a credible choice, but with fewer top-level regulatory approvals than StoneX Trading.
| Feature |
StoneX Trading
|
Eightcap
|
|---|---|---|
| Year Founded | 1983 | 2009 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 3 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
StoneX Trading and Eightcap both earn 4.5 out of 5 stars for commissions and fees, but StoneX Trading has a slight edge in the ForexBrokers.com ranking, placing #16 out of 36 brokers compared with #20 out of 36 for Eightcap. In simple terms, both brokers sit around the middle-to-upper range on price, though neither is the cheapest option in the market.
With StoneX Trading, pricing for CFDs, forex, and spread betting is generally in line with the industry average. Its CFD account showed an average EUR/USD spread of 0.74 pips as of July 2023, which keeps the all-in cost close to average, though still behind lower-cost competitors like Tickmill and FP Markets. Traders who qualify may also get active-trader rebates and discounts, with U.K. professional accounts starting at £4 per million for higher volumes and rising to £7.5 per million, while Australia-based rebates range from AUD $4.5 to AUD $14.5 per million, depending on trading volume.
Eightcap also keeps costs near the industry norm, but pricing depends on the account type you choose. Its Raw account has an average spread of 0.06 pips, and after the $3.50 per-side commission, the all-in cost is about 0.76 pips, which is just below the average of 0.8 pips. That makes Eightcap a fair-value choice, though it is still a bit pricier than the very cheapest forex brokers.
| Feature |
StoneX Trading
|
Eightcap
|
|---|---|---|
| Minimum Deposit | £100.00 | $100 |
| Average spread (EUR/USD) - Spread-only account | 1.4 | 1.0 |
| All-in Cost EUR/USD - Raw spread account | 0.9 | 0.76 |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing StoneX Trading and Eightcap for range of investments, StoneX Trading offers the wider choice overall. StoneX Trading lists 13,500 tradeable symbols and 66 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 rather than actual crypto. However, neither broker offers exchange-traded U.S. shares or international shares, so you cannot buy real stock holdings such as Apple or Vodafone through either platform.
StoneX Trading also has an edge for extra features, since it offers copy trading and receives a 5-star rating for Range of Investments, ranking #8 out of 36 brokers in the ForexBrokers.com review. Eightcap does not offer copy trading and is rated 3.5 stars, placing it #30 out of 36. For traders who want more markets and more ways to trade, StoneX Trading has the stronger selection compared with Eightcap.
| Feature |
StoneX Trading
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 13500 | 803 |
| Forex Pairs (Total) | 66 | 55 |
| 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.
When it comes to trading platforms and tools, StoneX Trading has a slight edge over Eightcap thanks to its in-house platform and copy trading feature. Both brokers support free demo accounts, Windows desktop downloads, web trading, MetaTrader 4, and trading directly from charts, so either choice gives traders several easy ways to place trades and test strategies. Eightcap does stand out for offering MetaTrader 5, while StoneX Trading does not, which may matter for traders who prefer the newer MetaTrader setup.
Overall, StoneX Trading is rated 4.5 out of 5 stars for Trading Platforms and Tools and ranks #11 out of 36 brokers at ForexBrokers.com, compared with Eightcap’s 4-star rating and #32 ranking. That makes StoneX Trading the stronger pick in this category for most traders, especially those who want more platform variety and copy trading, while Eightcap may appeal more to users who specifically want MT5 alongside its other platform options.
| Feature |
StoneX Trading
|
Eightcap
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 88 | 100 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
StoneX Trading and Eightcap both make it easy to trade on the go, with iPhone and Android apps, price alerts, and watchlist syncing between the mobile app and online account. Each app also lets users draw trendlines on charts and saves those drawings automatically, which helps keep chart work in place when switching devices. For everyday mobile trading needs, both brokers cover the basics well and offer a smooth way to track markets from a phone.
Where they differ is in charting depth and overall app ratings. Eightcap offers 100 technical studies in its mobile app, compared with 88 at StoneX Trading, giving it a slight edge for traders who want more chart tools. Even so, StoneX Trading scores higher overall for mobile trading apps, with a 4.5-star rating and a #9 ranking out of 36 brokers from ForexBrokers.com, while Eightcap holds a 4-star rating and ranks #32. For users focused on the best mobile trading app experience, StoneX Trading comes out ahead overall.
| Feature |
StoneX Trading
|
Eightcap
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 88 | 100 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
StoneX Trading and Eightcap both give traders daily market commentary, a sentiment tool for seeing long and short positioning, and an economic calendar with key global events. Both also lack Autochartist and TipRanks. Where StoneX Trading stands out is in its research depth: it includes forex news from major sources like Bloomberg, Reuters, and Dow Jones, plus Trading Central tools for added chart and market analysis. Eightcap does not offer these same news and Trading Central resources, though it does include Acuity Trading tools such as Signal Centre.
For market research, StoneX Trading is rated 4.5 out of 5 stars and ranks #10 out of 36 brokers at ForexBrokers.com, while Eightcap is rated 3.5 out of 5 stars and ranks #34. In simple terms, both brokers cover the basics well, but StoneX Trading offers a wider range of research content and stronger overall research coverage than Eightcap.
| Feature |
StoneX Trading
|
Eightcap
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | 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 forex and CFD learning tools, StoneX Trading comes out ahead of Eightcap. StoneX Trading offers forex or CFD education with at least 10 learning pieces focused on these markets, plus online educational client webinars held at least once a month. It also provides at least 10 beginner trading videos and at least 10 advanced videos, making it a stronger choice for new traders who want room to keep learning as their skills grow. This is reflected in its 4.5-star Education rating and its #9 ranking out of 36 brokers in the ForexBrokers.com Education category.
Eightcap also gives beginners useful starting material, including at least 10 beginner trading videos and forex or CFD education with at least 10 pieces of content on these topics. However, it does not offer monthly educational client webinars, and it lacks at least 10 advanced educational videos for more experienced traders. With a 3.5-star Education rating and a #31 ranking out of 36, Eightcap is a more basic option for education compared with StoneX Trading.
| Feature |
StoneX Trading
|
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 StoneX Trading is better than Eightcap. StoneX Trading finished with an overall rank of #8, while Eightcap finished with an overall rank of #30.
Backed by StoneX Group and formerly named City Index, StoneX Trading is a trusted brand known for its versatile trading platforms, excellent mobile app, diverse market research, and extensive range of tradeable markets.
| Feature |
StoneX Trading
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Eightcap
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 87 |
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When comparing StoneX Trading vs Eightcap, both online brokers offer cryptocurrency CFDs rather than the ability to buy actual, delivered crypto, making each a suitable choice for traders who want to speculate on crypto price movements without owning the underlying assets.
When comparing StoneX Trading vs Eightcap for funding and withdrawals, StoneX Trading supports ACH/SEPA transfers, PayPal, and bank wires, while Eightcap offers PayPal, Skrill, and bank wires but does not support ACH/SEPA transfers, making StoneX Trading the better choice for transfer-based 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 | StoneX Trading | Eightcap | |
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| Trust Score | 99 | 87 | |
| Winner | check_circle | ||
| Review | StoneX Trading Review | Eightcap Review |
| Broker Screenshots | StoneX Trading | Eightcap | |
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| Regulation | StoneX Trading | Eightcap | |
|---|---|---|---|
| Trust Score | 99 | 87 | |
| Year Founded | 1983 | 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 | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | StoneX Trading | Eightcap | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | 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) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | StoneX Trading | Eightcap | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | StoneX Trading | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 13500 | 803 | |
| Forex Pairs (Total) | 66 | 55 | |
| 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 | StoneX Trading | Eightcap | |
|---|---|---|---|
| Average spread (EUR/USD) - Spread-only account | 1.4 | 1.0 | |
| All-in Cost EUR/USD - Raw spread account | 0.9 | 0.76 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | StoneX Trading | Eightcap | |
|---|---|---|---|
| Minimum Deposit | £100.00 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer (Deposit/Withdraw) | Yes | No |
| Trading Platforms | StoneX Trading | Eightcap | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | StoneX Trading | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 88 | 100 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | StoneX Trading | Eightcap | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 88 | 100 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | StoneX Trading | Eightcap | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | StoneX Trading | Eightcap | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | StoneX Trading | Eightcap | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | StoneX Trading Review | Eightcap Review |
| Overall | StoneX Trading | Eightcap | |
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| Trust Score | 99 | 87 | |
| Winner | check_circle | ||
| Review | StoneX Trading Review | Eightcap Review |
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