Written by ForexBrokers.com
In this head to head comparison of Eightcap vs VT Markets, 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.
When comparing online brokers Eightcap and VT Markets, both companies offer distinct features, especially in terms of regulatory compliance and trustworthiness. Eightcap, established in 2009, boasts three Tier-1 licenses, an indicator of high trust, and holds an 85 Trust Score rating by ForexBrokers.com, categorizing it as trusted. Despite being privately held and not a banking institution, Eightcap’s regulatory credentials contribute to its reliability among brokers.
On the other hand, VT Markets was established in 2016 and carries one Tier-1 license alongside one Tier-2 license. With a Trust Score of 70, as per ForexBrokers.com, VT Markets fits into the average risk category. Like Eightcap, VT Markets is privately owned and not classified as a bank. Both platforms provide traders with regulated environments, but Eightcap offers a broader scope of high-tier licensing, giving it an edge in terms of perceived trust.
| Feature |
Eightcap
|
VT Markets
|
|---|---|---|
| Year Founded | 2009 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When comparing Eightcap and VT Markets on commissions and fees, Eightcap offers two types of accounts: the commission-based Raw account and the spread-only Standard account. The Raw account has an average spread of 0.06 pips, with a per-side commission of $3.50 per trade, amounting to an overall cost of about 0.76 pips. While Eightcap’s fees are slightly above the lowest cost in the forex industry, it remains competitive.
Meanwhile, VT Markets provides traders with the choice between a Raw ECN account and a Standard STP account. The Standard STP is commission-free but generally has higher spreads compared to the Raw ECN account. The typical spread for the Standard STP account on EUR/USD is 1.2 pips, whereas, for the Raw ECN account, the spread is effectively 0.83 pips, based on a September 2021 analysis. The pricing for VT Markets’ Raw ECN is in line with industry standards, but the Standard STP account offers less appealing rates.
In terms of ratings and rankings, Eightcap earns 4 out of 5 stars for commissions and fees and ranks #26 out of 63 brokers as per ForexBrokers.com. VT Markets scores slightly higher, with a 4.5-star rating, securing the #20 spot among the same brokers. These ratings reflect VT Markets' competitive edge in offering cost-effective options to traders.
| Feature |
Eightcap
|
VT Markets
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | 1.0 | 1.2 |
| All-in Cost EUR/USD - Active | 0.76 | 0.8 |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| 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 available at Eightcap and VT Markets, both online brokers offer forex trading as CFDs or spot contracts, with Eightcap providing access to 56 forex pairs while VT Markets offers 39. Although Eightcap features a broad selection of 800 tradeable symbols, VT Markets edges ahead with 1000 symbols. Neither broker provides the option to purchase direct exchange-traded securities on U.S. exchanges like Apple shares. However, VT Markets distinguishes itself by offering access to international exchanges, allowing clients to invest in companies such as Vodafone. Both platforms support copy trading and offer cryptocurrency derivatives but do not provide options for buying actual cryptocurrencies.
In terms of investment variety, both Eightcap and VT Markets receive a rating of 3.5 stars out of five, showing a balanced offer and appeal to different trading preferences. Ranked #40 and #39 respectively in the Range of Investments category by ForexBrokers.com, they cater to a diverse audience but have room to expand their offerings further. While each broker presents a competitive range, VT Markets holds a slight advantage with a more extensive selection of tradeable symbols and access to international exchange-traded securities, enhancing its appeal for traders seeking wider diversification in their portfolios.
| Feature |
Eightcap
|
VT Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 800 | 1000 |
| Forex Pairs (Total) | 56 | 39 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| 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 comparing Eightcap and VT Markets for their trading platforms and tools, both brokers share several similarities as well as some differences that might influence your decision. Both Eightcap and VT Markets provide free virtual demo accounts, allowing traders to practice without financial risks. Additionally, neither broker offers a proprietary platform, but they do provide the well-known MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. These options are available as Windows-based desktop software and web-based platforms. Notably, both brokers support copy trading, enhancing their appeal to traders looking to mirror successful strategies.
Even though neither Eightcap nor VT Markets offers DupliTrade or ZuluTrade, the variety of chart tools available may impact your trading experience. Eightcap provides 15 drawing tools, while VT Markets offers a more extensive selection with 30. Both brokers allow trading directly from a stock chart and support detailed watch lists with 7 columns. In terms of ratings, each broker earns a respectable 4 stars for trading platforms and tools. However, Eightcap is rated slightly higher in the ForexBrokers.com rankings, coming in at 38th place out of 63 brokers, compared to VT Markets' 47th position. This ranks Eightcap slightly ahead in overall platform and tool offerings.
| Feature |
Eightcap
|
VT Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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 | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 15 |
| Charting - Drawing Tools (Total) | 15 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Eightcap and VT Markets provide iPhone and Android apps, allowing users to trade on the go. These apps offer price alerts for stocks and forex, ensuring you never miss a market movement. With 30 technical studies available, both apps provide comprehensive tools for analyzing market trends. Users of both apps can also draw trendlines and view multiple time frames, such as daily, weekly, or intraday, within their charts. However, Eightcap has the advantage of auto-saving chart drawings, which VT Markets lacks.
When it comes to creating watchlists with real-time quotes, both Eightcap and VT Markets perform well, though Eightcap offers watchlist symbol syncing with the client’s online account—a feature VT Markets does not provide. Despite receiving the same 4-star rating for their mobile trading apps, Eightcap edges ahead in the ForexBrokers.com rankings, being placed at #38 compared to VT Markets at #44 out of 63 brokers. This suggests that while both apps are well-regarded, Eightcap might offer slightly more flexibility and user-friendly features for those looking for seamless integration between mobile and online trading.
| Feature |
Eightcap
|
VT Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of Eightcap and VT Markets, both brokers provide daily market commentary to keep traders informed. However, a notable distinction lies in the provision of top-tier forex news—while VT Markets delivers updates from renowned sources like Bloomberg and Reuters, Eightcap falls short in this regard. Additionally, VT Markets enhances its research portfolio with technical analysis tools from Trading Central, a feature absent from Eightcap's offerings. On a more even slate, both platforms offer sentiment-based trading tools and maintain economic calendars to aid traders in tracking global news events comprehensively.
Despite some differences, Eightcap and VT Markets receive an equal rating of 3.5 stars out of 5 for their research capabilities. When placed in a broader context, both brokers are ranked among 63 competitors by ForexBrokers.com, with VT Markets achieving a slightly higher rank at #36, compared to Eightcap's position at #39. This ranking reflects their overall contributions to market research, but traders seeking in-depth news analysis may find VT Markets more appealing due to its access to prominent forex news outlets.
| Feature |
Eightcap
|
VT Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | Yes |
| 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, both Eightcap and VT Markets provide a solid foundation. Each offers a variety of educational materials with at least ten articles, videos, or archived webinars focused on forex or CFDs. Additionally, both platforms cater to beginners by supplying ten or more videos on basic trading concepts. However, neither broker offers live educational webinars on a monthly basis, which might leave those looking for more interactive learning experiences seeking alternatives.
In terms of unique offerings, Eightcap stands out with its searchable archive of past webinars, a feature VT Markets currently lacks. For those seeking a comprehensive understanding of trading terminology, both brokers offer investor dictionaries with over 50 terms defined. While both Eightcap and VT Markets receive the same education rating of 3.5 stars, Eightcap edges out in its ranking, coming in at #40 compared to VT Markets' #55 according to ForexBrokers.com. These comparisons indicate that beginners might find certain educational benefits with Eightcap, particularly with accessing past webinars for further learning.
| Feature |
Eightcap
|
VT Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | 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 Eightcap is better than VT Markets. Eightcap finished with an overall rank of #38, while VT Markets finished with an overall rank of #44.
Eightcap enhances its status as a MetaTrader-only broker with support for a suite of third-party plug-ins, including TradingView.
| Feature |
Eightcap
|
VT Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 70 |
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Both Eightcap and VT Markets do not offer the ability to buy actual delivered cryptocurrency, but they do provide options for purchasing cryptocurrency derivatives.
When comparing online brokers Eightcap and VT Markets, both platforms lack ACH and SEPA transfer options but support Visa, Mastercard, and bank wires for deposits and withdrawals; however, Eightcap uniquely offers PayPal in addition to Skrill, whereas VT Markets only provides Skrill alongside the other aforementioned methods.
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 | VT Markets | |
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| Trust Score | 85 | 70 | |
| Winner | check_circle | ||
| Review | Eightcap Review | VT Markets Review |
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| Regulation | Eightcap | VT Markets | |
|---|---|---|---|
| Trust Score | 85 | 70 | |
| Year Founded | 2009 | 2016 | |
| 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 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | Eightcap | VT Markets | |
|---|---|---|---|
| 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 | No | |
| 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 | VT Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Eightcap | VT Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 800 | 1000 | |
| Forex Pairs (Total) | 56 | 39 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| 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 | Eightcap | VT Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.0 | 1.2 | |
| All-in Cost EUR/USD - Active | 0.76 | 0.8 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Eightcap | VT Markets | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| 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 | Eightcap | VT Markets | |
|---|---|---|---|
| Proprietary Platform | No | 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 | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Eightcap | VT Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 15 | |
| Charting - Drawing Tools (Total) | 15 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Eightcap | VT Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Eightcap | VT Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Eightcap | VT Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Eightcap | VT Markets | |
|---|---|---|---|
| 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 | Eightcap Review | VT Markets Review |
| Overall | Eightcap | VT Markets | |
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| Trust Score | 85 | 70 | |
| Winner | check_circle | ||
| Review | Eightcap Review | VT Markets Review |
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