Written by ForexBrokers.com
In this head to head comparison of ThinkMarkets 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.
ThinkMarkets and Eightcap are two established names in the online brokerage world, with ThinkMarkets founded in 2010 and Eightcap in 2009. Neither company is publicly traded or operates as a bank, which is common in this sector. When it comes to regulatory licenses, ThinkMarkets stands out with five Tier-1 licenses, a distinction indicating high trust. In comparison, Eightcap holds three Tier-1 licenses, which is still commendable but slightly fewer.
Considering Trust Scores from ForexBrokers.com, ThinkMarkets earns a rating of 92 out of 99, positioning it as a highly trusted broker. This is backed by its seven regulatory licenses, including two Tier-2 licenses. Meanwhile, Eightcap scores an admirable 85, categorizing it as a trusted broker, despite not holding any Tier-2 licenses. Both brokers offer reassurance, but ThinkMarkets edges ahead with its higher Trust Score and greater regulatory presence.
| Feature |
ThinkMarkets
|
Eightcap
|
|---|---|---|
| Year Founded | 2010 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 5 | 3 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 2 |
When it comes to commissions and fees, ThinkMarkets and Eightcap both earn 4 out of 5 stars. That said, Eightcap ranks #27 out of 63 brokers for this category, while ThinkMarkets ranks #48 out of 63—giving Eightcap a slight edge in our cost-focused comparison.
ThinkMarkets does not publish average spread data, which makes exact cost comparisons harder. Eightcap, by contrast, offers two pricing options across its global entities (Australia, Bahamas, U.K., Cyprus): a spread-only Standard account and a commission-based Raw account. On the Raw account, Eightcap lists an average spread of 0.06 pips; after adding 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 lowest-cost forex brokers, but its pricing details are clearer.
| Feature |
ThinkMarkets
|
Eightcap
|
|---|---|---|
| Minimum Deposit | $50 | $100 |
| Average spread (EUR/USD) - Standard account | 1.1 | 1.0 |
| All-in Cost EUR/USD - Active | N/A | 0.76 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
ThinkMarkets vs Eightcap: both brokers let you trade forex as CFDs or spot and support copy trading. Each offers crypto via CFDs (not actual coins). ThinkMarkets lists about 4,000 tradeable symbols, far more than Eightcap’s 803, while Eightcap offers a few more forex pairs (55 vs 46). For exchange-traded securities (not CFDs), neither broker provides direct access to U.S. shares, but ThinkMarkets does offer international shares (such as London-listed stocks); Eightcap does not.
If you want the widest overall market selection or access to international shares, ThinkMarkets stands out. If your priority is the number of currency pairs, Eightcap has a slight edge. Reflecting this, ThinkMarkets holds a 4.5-star Range of Investments rating and ranks #24 out of 63 brokers at ForexBrokers.com, whereas Eightcap earns 3.5 stars and ranks #41.
| Feature |
ThinkMarkets
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4000 | 803 |
| Forex Pairs (Total) | 46 | 55 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| 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.
Thinking about trading platforms and tools, both ThinkMarkets and Eightcap check the big boxes: free demo (paper) accounts, copy trading, web-based and Windows desktop platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5), plus the ability to place trades directly from charts. The key difference is that ThinkMarkets also offers its own proprietary platform built in-house, while Eightcap sticks to third-party options. Each broker provides charting with technical indicators and customizable watchlists, helping you practice and execute strategies across devices.
For quality, both brokers earn 4 out of 5 stars for Trading Platforms and Tools. In ForexBrokers.com’s 2024 rankings, ThinkMarkets places #28 out of 63 brokers, while Eightcap is #39. If you want MetaTrader plus an in-house platform to try, ThinkMarkets may appeal; if you’re focused on MT4/MT5 with copy trading and a free demo, either broker can suit your needs.
| Feature |
ThinkMarkets
|
Eightcap
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
ThinkMarkets vs Eightcap for mobile trading comes down to features you use every day. Both brokers offer iPhone and Android apps, plus price alerts to keep you on top of market moves. The key difference is watchlists: Eightcap syncs your watchlist across devices and the web, while ThinkMarkets does not. If seamless watchlist syncing matters to you, Eightcap has the edge.
For charting, ThinkMarkets packs in 94 technical studies compared with Eightcap’s 30, and both apps let you draw trendlines and auto-save your chart drawings. Each platform earned a 4-star Mobile Trading Apps rating, but in ForexBrokers.com’s 63-broker lineup, ThinkMarkets ranks #20 while Eightcap is #39. Pick ThinkMarkets if you want more built-in studies and stronger chart depth; choose Eightcap if cross-device watchlist syncing is your priority.
| Feature |
ThinkMarkets
|
Eightcap
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 94 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
ThinkMarkets vs Eightcap: both brokers cover the basics for market research. You’ll get daily market commentary, an economic calendar, sentiment tools that show long/short positioning, and research from Acuity Trading (such as Signal Centre). Neither one includes Autochartist, Trading Central, or TipRanks. The big difference is news coverage—ThinkMarkets offers forex headlines from top-tier sources like Bloomberg, Reuters, or Dow Jones (or similar), while Eightcap does not.
Ratings are close: both score 3.5 out of 5 stars for Research, according to ForexBrokers.com. That said, Eightcap ranks higher in the Research category (#40 of 63) than ThinkMarkets (#51 of 63). If top-tier news feeds are important, ThinkMarkets has the edge; if you’re fine without those headlines and care about category placement, Eightcap may appeal.
| Feature |
ThinkMarkets
|
Eightcap
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | Yes | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For new traders comparing ThinkMarkets and Eightcap, both brokers make it easy to get started. Each runs client webinars at least once a month and offers 10+ beginner-focused videos that explain trading basics, platform setup, and core forex/CFD concepts. If you’re just starting out and want clear, bite-size lessons plus regular live sessions, either broker will cover the essentials.
The main difference shows up as you progress: ThinkMarkets adds 10+ advanced video lessons, while Eightcap does not. Even so, Eightcap’s education ranks higher with ForexBrokers.com (#40 of 63) than ThinkMarkets (#52 of 63), and both earn 3.5 out of 5 stars for Education. Pick ThinkMarkets if you want a smoother path from beginner to advanced videos, or choose Eightcap if a higher third‑party ranking plus steady webinars and beginner videos matter most.
| Feature |
ThinkMarkets
|
Eightcap
|
|---|---|---|
| Webinars | Yes | Yes |
| 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 ThinkMarkets is better than Eightcap. ThinkMarkets finished with an overall rank of #27, while Eightcap finished with an overall rank of #38.
ThinkMarkets has multiple regulatory license and offers a proprietary trading platform, as well as the entire MetaTrader suite. The broker has made progress in key areas, such as research and education, and the range of markets available, although trails behind the best brokers in these categories.
| Feature |
ThinkMarkets
|
Eightcap
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 92 | 85 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
ThinkMarkets vs Eightcap: neither broker offers buying actual (delivered) cryptocurrency, but both allow cryptocurrency trading via CFDs.
ThinkMarkets vs Eightcap: For deposit and withdrawal methods, both brokers do not offer ACH or SEPA; Eightcap supports PayPal, Skrill, and bank wire transfers (card support not specified), while ThinkMarkets’ availability of PayPal, Skrill, Visa/Mastercard, and bank wires is not specified.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | ThinkMarkets | Eightcap | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 92 | 85 | |
| Winner | check_circle | ||
| Review | Eightcap Review |
| Broker Screenshots | ThinkMarkets | Eightcap | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
| Regulation | ThinkMarkets | Eightcap | |
|---|---|---|---|
| Trust Score | 92 | 85 | |
| Year Founded | 2010 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 5 | 3 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 2 |
| Tier-1 Licenses (Highly Trusted) | ThinkMarkets | Eightcap | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | 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) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | ThinkMarkets | Eightcap | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | ThinkMarkets | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 4000 | 803 | |
| Forex Pairs (Total) | 46 | 55 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| 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 | ThinkMarkets | Eightcap | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.1 | 1.0 | |
| All-in Cost EUR/USD - Active | N/A | 0.76 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | ThinkMarkets | Eightcap | |
|---|---|---|---|
| Minimum Deposit | $50 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | ThinkMarkets | Eightcap | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | ThinkMarkets | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | ThinkMarkets | Eightcap | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 94 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | ThinkMarkets | Eightcap | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | ThinkMarkets | Eightcap | |
|---|---|---|---|
| Webinars | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | ThinkMarkets | Eightcap | |
|---|---|---|---|
| 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 |
| Overall | ThinkMarkets | Eightcap | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 92 | 85 | |
| Winner | check_circle | ||
| Review | Eightcap Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill