Compare Brokers
We help you pick the best broker for your needs with our broker comparison tool. Select 2 brokers and see exactly what makes them different.
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AvaTrade
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Eightcap
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Founded in 2006, AvaTrade is a top forex and CFD broker trusted by over 400,000 traders. Regulated in 9 regions, it handles more than 2 million trades monthly. AvaTrade offers platforms like MT4, MT5, and WebTrader, with over 1,250 instruments. Traders of all levels can explore CFDs, AvaOptions, and AvaFutures for short-term trading. AvaTrade provides excellent education and 24/5 multilingual customer support for a complete trading experience. | Eightcap is an award-winning, FCA-regulated broker with low trading fees. They are highly rated by TradingView’s users, who can trade directly on the platform. UK traders can open a live account with a £100 minimum deposit. Eightcap is a multi-regulated forex and CFD broker founded in Australia in 2009. It is popular with active traders, offering 800+ instruments, tight spreads, and improvements like the TradingView platform, AI-powered financial calendars, and algo trading tools that require no coding experience. | |
| Instruments | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds, Crypto, Spread Betting, Futures | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
| Demo Account | ✓ | ✓ |
| Minimum Deposit | $300$100 | £100$100 |
| Trading Platforms | WebTrader, AvaTradeGO, AvaOptions, AvaFutures, MT4, MT5, AlgoTrader, TradingView, TradingCentral, DupliTrade | MT4, MT5, TradingView |
| Payment Methods | Boleto, Credit Card, Debit Card, FasaPay, JCB Card, Mastercard, MoneyGram, Neteller, Perfect Money, Skrill, Swift, WebMoney, Wire Transfer | Bitcoin Payments, BPAY, Credit Card, Debit Card, Dragonpay, FasaPay, Neteller, PayPal, PIX Payment, Skrill, UnionPay, Visa, Wire Transfer |
| Minimum Trade | 0.01 Lots | 0.01 Lots |
| Regulator | ASIC, CySEC, FSCA, ISA, CBI, JFSA, FSRA, BVI, ADGM, CIRO, AFM | ASIC, FCA, CySEC, SCB |
| Account Currencies | USD, EUR, GBP, CAD, AUD | USD, EUR, GBP, CAD, AUD, NZD, SGD |
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| Mobile Apps | iOS & Android | iOS & Android |
| App Review | AvaTradeGO offers an impressive mobile trading experience with an intuitive interface. The app provides quick access to numerous markets like forex, stocks, indices, commodities, ETFs, and bonds. AvaTradeGO's AvaProtect™ feature stands out by offering a unique level of risk protection. | Eightcap offers MT4, MT5, and TradingView apps and is the only FCA-regulated broker with TradingView. This supports mobile traders seeking advanced chart tools. Despite the dated MetaTrader design, it provides numerous technical indicators, drawing tools, various chart styles, and easy horizontal overlays. TradingView's push alerts and social network benefit traders, and Eightcap offers videos on linking TradingView with iOS and Android. |
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| Margin Trading | ✓ | ✓ |
| Margin Rate | 2% | |
| Account Types | STP, MAM, PAMM | ECN, MAM |
| AI / Machine Learning | ✓ | ✗ |
| Robo Advisor | ✗ | ✗ |
| Negative Balance Protection | ✓ | ✓ |
| Market Maker | ✓ | ✗ |
| P2P Trading | ✗ | ✗ |
| Spot Trading | ✓ | ✓ |
| Auto Trading | Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTraderTradingView Bots |
| Copy Trading | ✓ | ✗ |
| Copy Trading Platform | AvaTrade is highly regarded for its social and copy trading tools. Traders have access to their in-house AvaSocial app and widely-used platforms like DupliTrade and ZuluTrade. It offers detailed performance metrics for you to select the best strategy provider to match your objectives and risk tolerance. | |
| Social Trading | ✓ | ✓ |
| Trade Signals | ✓ | |
| VPS Hosting | ✗ | ✓ |
| Tournaments | ✗ | ✗ |
| Demo Competitions | ✗ | ✗ |
| Ethical Investing | ✗ | ✗ |
| Custodial Account | ✗ | ✗ |
| Guaranteed Stop Loss | ✗ | ✗ |
| Inactivity Fee | $50 | $0 |
| Islamic Account | ✓ | ✓ |
CFD Trading | ||
AvaTrade offers over 1250+ leveraged CFD products in various asset classes, such as stocks, indices, commodities, bonds, crypto, and ETFs. You can trade on both rising and falling prices using the broker’s advanced web and mobile platforms, which include top research tools for finding short-term trading opportunities. | Eightcap provides a broad selection of trading opportunities, including over 800 CFDs in stocks, indices, bonds, commodities, and cryptocurrencies. The leverage it offers ranges from 1:30 to 1:500 depending on your location. One of its standout features is an AI-powered economic calendar covering over 25 countries and featuring impact filters. However, its least impressive aspect is the limited range of soft commodities such as cotton and wheat, as well as precious metals and energy assets. | |
| Leverage | 1:30 (Retail) 1:400 (Pro) | 1:301:500 |
| FTSE Spread | 0.5 | 1.2 |
| GBPUSD Spread | 1.5 | 0.1 |
| Oil Spread | 0.02 | 0.03 |
| Stocks Spread | 0.13 | 0.03 (Apple Inc) |
Forex Trading | ||
AvaTrade offers over 50 currency pairs with tight spreads starting from 0.9 pips and no commissions. Trade major, minor, and exotic currencies 24/5 on top forex platforms, such as MT4, with advanced charting tools and forex education to enhance your skills, including a dedicated 'Currency Trading' guide. | Eightcap provides more than 50 currency pairs for trading, which is standard for the industry but less than leaders such as CMC Markets who offer over 300 pairs. They differentiate themselves by offering spreads from 0.0 pips on popular pairs such as EUR/USD, and low commissions of $3.50 per side. They also give traders comprehensive forex data, including important fundamentals, indicators of market direction, and a calendar of significant events in the forex market. | |
| GBPUSD Spread | 1.5 | 0.1 |
| EURUSD Spread | 0.9 | 0.0 |
| EURGBP Spread | 1.5 | 0.1 |
| Assets | 50+ | 50+ |
| Currency Indices | USD | USD |
Cryptocurrency Trading | ||
Regulated on five continents, AvaTrade provides secure access to crypto markets. It offers a variety of digital currencies like Bitcoin, Ethereum, and Ripple, and a crypto index for diversification. Competitive crypto spreads and 1:2 leverage are available on its three platforms. | Eightcap's offerings for crypto trading are superior, boasting over 120 crypto derivatives. The testing results show Bitcoin's spread at 12 pips, which is comparatively lower than its competitors. Along with smooth deposits and withdrawals in cryptocurrencies, Eightcap provides comprehensive solutions for dedicated crypto traders. | |
| Crypto Spread | BTC <1%, ETH 2% | $12 (BTC) |
| Crypto Coins | BCH, BTC, BTG, ETH, LTC, XRP, EOS, DASH | BTC, ETH, LTC, BCH, XRP, XMR, DSH, EOS, XLM, ADA, TRX, DOGE, BNB, DOT, MATIC, VET, AXS, NEO, SOL, UNI, AAVE, KSM, THETA, CAKE, SUSHI, ATOM, XTZ, SNX, COMP, FLOW, EGLD, PUNDIX, RAY, ZIL, QTUM, BAND, OMG, FIDA, BADGER, NEAR, ONT, KNC, SHIB, MTL, CLV, BAT, XEM, STMX, CHR, WAVES, FTM, AUDIO, TOMO, MRK, GRT, ENJ, CRV, RUNE, DAWN, DODO, HOT, ZEC, 1INCH, HBAR, AVAX, PROM, ALPHA, LINA, CEL, SXP, SAND, CREAM, ICP, FIL, PAXG, DENT, REN, REEF, LRC, PERP, STORJ, IOTA, ALCX, ALGO, LINK, MANA |
| Crypto Lending | ✗ | ✗ |
| Crypto Mining | ✗ | ✗ |
| Crypto Staking | ✗ | ✗ |
| Auto Market Maker | ✗ | ✗ |