Written by ForexBrokers.com
In this head to head comparison of Vantage 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.
Both Vantage and Eightcap are reputable online brokers that began their operations in 2009. Neither company is a publicly traded entity or a bank, which ensures a level of independence from traditional banking risks. A point of comparison between the two companies lies in their regulatory licenses. Vantage holds two top-tier licenses, which ForexBrokers.com considers highly trusted, along with an additional trusted license. In contrast, Eightcap possesses three highly trusted top-tier licenses but does not have any trusted tier-2 licenses.
In terms of trust score ratings given by ForexBrokers.com, Vantage scores a 90 out of 99, placing it in the category of highly trusted brokers. Meanwhile, Eightcap receives a commendable score of 85, landing it in the trusted bracket. These scores reflect the dependability and security measures that each broker has in place for its clients. Overall, both brokers maintain solid reputations, providing various options for traders to consider based on their trust and regulatory standings.
| Feature |
Vantage
|
Eightcap
|
|---|---|---|
| Year Founded | 2009 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 3 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
When it comes to comparing the commissions and fees for Vantage and Eightcap, both brokers offer different account structures that cater to diverse trader needs. Vantage provides three account options: the Standard STP, RAW ECN, and PRO ECN accounts. The Standard STP account features a spread-only model with typical spreads of 1.30 pips on the EUR/USD. The RAW ECN account offers more competitive spreads, averaging 0.15 pips but includes a commission of $3 per side, bringing the total cost to approximately 0.75 pips. Meanwhile, the PRO ECN account offers a reduced commission of $2 per side, making it the most cost-efficient choice for traders meeting specific qualifications under Vantage’s various entities. For its commissions and fees, Vantage receives a rating of 4.5 stars and ranks 19th out of 63 brokers on ForexBrokers.com.
Eightcap presents two main account types across its licensed entities worldwide: the commission-based Raw account and the spread-only Standard account. The Raw account is designed for traders who prioritize lower spreads, listing an average of 0.06 pips. However, with the commission of $3.50 per side factored in, the total cost comes to about 0.76 pips, which is slightly below the industry average of 0.8 pips. Eightcap is marginally pricier than some of the lowest-cost forex brokers and is rated 4 stars for its commissions and fees, securing the 26th spot out of 63 brokers on ForexBrokers.com.
In summary, Vantage offers a range of account options that provide flexibility in terms of pricing and account requirements, making it suitable for both casual and active traders. It stands notable with a strong 4.5-star rating. On the other hand, Eightcap also presents competitive offerings with a focus on lower spreads in its Raw account, earning a respectable 4-star rating. While both brokers provide value, Vantage ranks higher in terms of cost-effectiveness with its diverse account features and slightly lower fees.
| Feature |
Vantage
|
Eightcap
|
|---|---|---|
| Minimum Deposit | $50 | $100 |
| Average Spread EUR/USD - Standard | 1.30 | 1.0 |
| All-in Cost EUR/USD - Active | 0.75 | 0.76 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Vantage and Eightcap both offer forex trading as Contracts for Difference (CFDs), with Vantage providing access to 1,000 tradeable symbols and Eightcap offering 800. In terms of forex pairs, Vantage has a slight edge with 61 pairs compared to Eightcap’s 56. Unfortunately, neither broker offers direct trading in exchange-traded securities on U.S. or international markets, meaning investors looking to buy shares directly, such as Apple or Vodafone, would need to look elsewhere.
Both brokers do offer some level of diversification through cryptocurrency derivatives and copy trading services. However, they do not provide the option to buy actual cryptocurrencies. When it comes to rating, both Vantage and Eightcap received a 3.5-star rating for their range of investment options. Interestingly, Eightcap fares slightly better in industry rankings, coming in at #40, while Vantage is positioned at #50 out of 63 brokers reviewed by ForexBrokers.com in the Range of Investments category.
| Feature |
Vantage
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 800 |
| Forex Pairs (Total) | 61 | 56 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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 weighing the online brokers, Vantage and Eightcap, for their trading platforms and tools, both offer features that cater to traders' needs with slight differences. They each provide the convenience of paper trading through free virtual demo accounts, enabling you to practice and refine your strategies risk-free. Both brokers support popular platforms like MetaTrader 4 and MetaTrader 5 and include the same number of charting tools—15 drawing tools and extensive watch list customization with seven columns. While both brokers facilitate trading directly from stock charts and provide copy trading options, Vantage sets itself apart by offering DupliTrade, although neither broker supports ZuluTrade.
Vantage introduces an additional layer of innovation through their proprietary platform developed in-house, offering traders a unique alternative alongside standard platforms. Otherwise, both Vantage and Eightcap offer Windows-based desktop applications and user-friendly web-based platforms that ensure stable performance. Despite both brokers earning comparable ratings—four out of five stars for trading platforms and tools—Vantage secures a higher commendation by ForexBrokers.com, ranking 21st out of 63 brokers, compared to Eightcap's 38th position. This difference could make Vantage a more appealing choice for those emphasizing platform innovation alongside established trading support.
| Feature |
Vantage
|
Eightcap
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | Yes | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both Vantage and Eightcap offer a seamless experience for iPhone and Android users, providing essential features like stock and forex price alerts. However, they differ in their ability to sync watchlists between the mobile app and the online account. While Eightcap provides this syncing feature, Vantage falls short in this regard, which might be a consideration for traders who value synced trading experiences. Additionally, both platforms equip users with 30 technical studies for charting and tools to draw trendlines, view multiple time frames, and auto save chart drawings, ensuring traders have the necessary tools at their fingertips.
Vantage and Eightcap both allow the creation of real-time watchlists in their mobile trading apps, supporting traders in staying updated with market movements. Despite offering similar core features, Vantage is ranked higher, at #28, compared to Eightcap's #38 ranking in the ForexBrokers.com mobile trading apps category. Both apps enjoy a four-star rating, revealing a generally positive user experience. While their services are comparable across numerous aspects, Vantage's slightly higher ranking might give it an edge for users prioritizing community perception.
| Feature |
Vantage
|
Eightcap
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Vantage and Eightcap both provide daily market commentary and access to economic calendars, helping traders stay informed about global news events. However, Vantage takes the lead in offering financial news from top-tier sources like Bloomberg and Reuters, which Eightcap lacks. Additionally, Vantage supports traders with technical and fundamental research tools from Autochartist and Trading Central, whereas Eightcap does not offer these resources. Both brokers feature sentiment-based trading tools that allow investors to see the ratio of long and short positions across various instruments. Despite this, neither Vantage nor Eightcap provides market research from TipRanks or Acuity Trading.
Considering the overall market research offerings, Vantage receives a higher rating of 4 stars compared to Eightcap's 3.5 stars. This higher assessment reflects Vantage's richer selection of research tools and up-to-date news sources. In terms of rankings by ForexBrokers.com, Vantage is placed at #21 out of 63 brokers in the Research category, significantly ahead of Eightcap, which is ranked at #39. Whether you prioritize access to leading news sources or advanced analysis tools, Vantage offers a more comprehensive suite of options to cater to market research needs.
| Feature |
Vantage
|
Eightcap
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners at Vantage and Eightcap, both online brokers provide a rich array of materials to help new traders understand forex and CFDs. Each offers more than 10 educational pieces, such as articles and videos, tailored for beginners. Both platforms also provide a searchable archive of recorded webinars. However, where Vantage stands out is its commitment to continuous learning through monthly online educational webinars, a service that Eightcap currently does not offer. Additionally, Vantage offers more extensive resources for experienced traders with a broader range of advanced educational videos, setting it apart for those who wish to progress beyond beginner topics.
An investor dictionary is available from both brokers, each containing definitions for at least 50 investing terms, aiding in deepening users' understanding of trading vocabulary. When it comes to ratings and rankings, Vantage scores slightly higher, with a 4-star rating for education compared to Eightcap's 3.5 stars. Furthermore, Vantage ranks 24th out of 63 brokers in the education category according to ForexBrokers.com, whereas Eightcap is positioned at 40th. This ranking highlights Vantage's commitment to providing comprehensive educational support to traders at various stages of their journey.
| Feature |
Vantage
|
Eightcap
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Vantage is better than Eightcap. Vantage finished with an overall rank of #26, while Eightcap finished with an overall rank of #38.
Vantage rounds out its MetaTrader platform suite offering with support for multiple social trading platforms, content powered by Trading Central and a proprietary mobile app. However, Vantage trails industry leaders in key areas such as research and education.
| Feature |
Vantage
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Eightcap
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|---|---|---|
| Overall Rating |
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| Trust Score | 90 | 85 |
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Both Vantage and Eightcap do not provide the option to purchase actual delivered cryptocurrency, but they both offer the ability to trade cryptocurrency derivatives.
Both Vantage and Eightcap provide a range of deposit and withdrawal methods including PayPal, Skrill, Visa, Mastercard, and bank wires, but neither broker supports ACH or SEPA transfers for account transactions.
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 | Vantage | Eightcap | |
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| Trust Score | 90 | 85 | |
| Winner | check_circle | ||
| Review | Vantage Review | Eightcap Review |
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| Regulation | Vantage | Eightcap | |
|---|---|---|---|
| Trust Score | 90 | 85 | |
| Year Founded | 2009 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 3 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | Vantage | Eightcap | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| 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). | No | Yes |
| Tier-2 Licenses (Trusted) | Vantage | Eightcap | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Vantage | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 800 | |
| Forex Pairs (Total) | 61 | 56 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | Vantage | Eightcap | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.30 | 1.0 | |
| All-in Cost EUR/USD - Active | 0.75 | 0.76 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Vantage | Eightcap | |
|---|---|---|---|
| Minimum Deposit | $50 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Vantage | Eightcap | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | Yes | No | |
| ZuluTrade | No | No |
| Trading Tools | Vantage | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Vantage | Eightcap | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Vantage | Eightcap | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | Eightcap | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Vantage | Eightcap | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Vantage Review | Eightcap Review |
| Overall | Vantage | Eightcap | |
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| Trust Score | 90 | 85 | |
| Winner | check_circle | ||
| Review | Vantage Review | Eightcap Review |
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