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 commissions and fees, Vantage and Eightcap both offer a mix of account types, but the costs can vary depending on the choices you make. Vantage has three distinct accounts: the Standard STP, suitable for those preferring a simple spread-only model, and the Raw ECN and PRO ECN accounts, which require commissions. While Vantage's pricing aligns with the industry's average, it does not match leaders like Saxo, IG, and CMC Markets. The Standard account features typical spreads of 1.30 pips on EUR/USD, whereas the Raw account boasts lower spreads of 0.15 pips with an additional $6 commission per round turn. The PRO ECN account offers the most competitive pricing with a $4 commission per round turn, but it demands meeting certain requirements like high funding or a specific client status. Vantage is awarded 4.5 stars for commissions and fees and ranks #19 out of 62 brokers by ForexBrokers.com.
In comparison, Eightcap provides two primary accounts available across its global entities: a commission-based Raw account and a spread-only Standard account. The Raw account, with an average spread of 0.06 pips and a $3.50 commission per trade, has an all-in cost of approximately 0.76 pips, which is slightly lower than the industry average. Though Eightcap is marginally pricier than the absolute cheapest brokers out there, it still offers competitive pricing with a reasonable structure for traders who understand the nuances of account types and corresponding costs. Eightcap holds a 4-star rating for its commissions and fees, ranking #26 out of 62 brokers in the same category.
| 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.
When comparing the range of investments offered by Vantage and Eightcap, both platforms provide numerous options for traders interested in forex as a contract for difference (CFD). With Vantage offering 1,000 tradeable symbols compared to Eightcap's 736, potential investors may find a broader selection at Vantage. Vantage provides access to 61 forex pairs, slightly outpacing Eightcap's 56 pairs. However, neither broker allows for the purchase of exchange-traded securities from U.S. or international exchanges, nor do they offer the actual buying of cryptocurrencies. Both platforms do support cryptocurrency derivatives and offer copy trading, catering to diverse trading strategies.
Despite having a more extensive selection of tradeable symbols, Vantage and Eightcap both receive a 3.5-star rating for their range of investments. Interestingly, Eightcap holds a higher rank at #40 for Range of Investments on ForexBrokers.com, while Vantage sits at #50 out of 62 brokers. These rankings suggest that, while both are equally rated in terms of overall offerings, Eightcap may have certain advantages that contribute to a better perception within the industry.
| Feature |
Vantage
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 736 |
| 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.
Vantage and Eightcap both provide traders with the essential tools needed for online trading, including paper trading capabilities through free virtual demo accounts. While both brokers support popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), a key distinction lies in their proprietary offerings; only Vantage has developed an in-house platform. Both Vantage and Eightcap offer Windows-based desktop platforms as well as web-based platforms accessible via a browser. For investors interested in copy trading, both brokers deliver this functionality, yet Vantage additionally supports DupliTrade while neither broker offers ZuluTrade.
When it comes to charting tools, both Vantage and Eightcap equip their platforms with 15 drawing tools and enable trading directly from stock charts. Users will find their watch lists equally customizable, with seven columns available for tracking market information. Despite these similarities, Vantage edges ahead in its ranking by ForexBrokers.com at 21 out of 62 brokers, compared to Eightcap's position at 38. Each broker receives a commendable four-star rating for their trading platforms and tools, making them both solid options for online trading enthusiasts.
| 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 user-friendly experiences on iPhone and Android devices. Both platforms provide essential features like stock and forex price alerts, trendline drawing capabilities, and viewing multiple time frames on charts. For technical analysis, each app supports 30 technical studies to help traders make informed decisions. Additionally, both apps allow users to create watchlists with real-time quotes, ensuring that critical market data is always at your fingertips. However, a notable difference is that Eightcap's app allows for watchlist symbol syncing across devices, whereas Vantage does not offer this feature.
In terms of user ratings, both Vantage and Eightcap receive strong four-star ratings for their mobile trading apps. Despite their similar ratings, Vantage holds a slightly higher rank, coming in at #28 compared to Eightcap's #38 according to ForexBrokers.com. Both apps ensure your chart drawings are auto-saved, adding to the convenience of trading on the go. Overall, while the two apps offer comparable features and receive similar user praise, Vantage might edge out Eightcap for those valuing a higher overall ranking in the mobile trading space.
| 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.
When evaluating the market research offerings of online brokers Vantage and Eightcap, both provide daily market commentary, although Vantage takes the lead in a few key areas. Vantage goes beyond by offering forex news from reputable sources like Bloomberg and Reuters, a feature not available with Eightcap. Additionally, Vantage is equipped with technical analysis tools from companies such as Autochartist and Trading Central, which are missing from Eightcap's arsenal. Both brokers provide sentiment-based trading tools and economic calendars that keep users informed about global news events.
Vantage's comprehensive suite of research tools is reflected in its 4-star rating and a higher ranking of #21 out of 62 brokers by ForexBrokers.com, whereas Eightcap holds a 3.5-star rating and ranks at #39. While neither broker offers market research from TipRanks or tools from Acuity Trading, Vantage's edge in providing access to premium forex news and advanced analysis tools makes it a more attractive choice for traders focused on in-depth market research.
| 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 it comes to educational resources for beginners, Vantage and Eightcap both deliver valuable content, but there are key differences. Both platforms ensure a solid foundation by offering a range of educational materials that cover forex and CFDs, with at least ten pieces including articles, videos, and webinars. However, Vantage surpasses Eightcap by providing live online educational webinars for clients each month, a feature that Eightcap currently does not offer. Additionally, both brokers maintain a searchable archive of past webinars, providing ongoing access to learning opportunities. For beginners seeking video content, both brokers have more than ten videos specifically designed for newcomers to trading.
In terms of advanced educational offerings, Vantage provides over ten advanced videos tailored for experienced traders, whereas Eightcap does not meet this benchmark. Both brokers offer dictionaries with definitions for over fifty investing terms, catering to those new to the trading terminology. In overall educational rankings, Vantage holds a 4-star rating and is ranked #24 out of 62 brokers on ForexBrokers.com, showcasing a stronger educational platform compared to Eightcap's 3.5-star rating and #40 ranking. These distinctions make Vantage a slightly more comprehensive choice for beginners looking for a wide array of educational resources.
| 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 62 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 |
| Broker Screenshots | Vantage | Eightcap | |
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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 | 736 | |
| 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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