Advanced Global Markets
Eightcap
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Advanced Global Markets was founded in 1992 and is headquartered in Cyprus, while Eightcap was established in 2009 and is based in Australia. Advanced Global Markets holds licences including Cyprus Securities and Exchange Commission (CySEC), while Eightcap is regulated by Australian Securities and Investment Commission (ASIC) among others. Advanced Global Markets serves 10,000+ clients worldwide; Eightcap has 10,000+. The minimum deposit is $500 at Advanced Global Markets and $100 at Eightcap.
| Feature | Advanced Global Markets | Eightcap |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC) | Australian Securities and Investment Commission (ASIC) |
| Founded | 1992 | 2009 |
| Country | Cyprus | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Advanced Global Markets and Eightcap, directly affecting your bottom line as a trader. Eightcap has a lower barrier to entry with a minimum deposit of $100 (vs $500 at Advanced Global Markets). Both brokers charge withdrawal fees. Eightcap applies inactivity fees on dormant accounts; Advanced Global Markets does not. Advanced Global Markets charges deposit fees; Eightcap does not. Overall, Eightcap scores higher on fees in our assessment.
| Feature | Advanced Global Markets | Eightcap |
|---|---|---|
| Min. Deposit | $500 | $100 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | Yes | No |
| CFD Fees | Yes | No |
Platforms
Advanced Global Markets offers MT4, MT5, cTrader, while Eightcap supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Eightcap supports social and copy trading features, which Advanced Global Markets does not offer. The two brokers are closely matched on platform offering.
| Feature | Advanced Global Markets | Eightcap |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4 | MT4, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Advanced Global Markets and Eightcap compare. Advanced Global Markets runs regular live webinars; Eightcap does not. Advanced Global Markets has a video library; Eightcap does not. Advanced Global Markets publishes daily market commentary; Eightcap does not. Advanced Global Markets integrates third-party research tools (Trading Central); Eightcap does not. Advanced Global Markets maintains an archive of past webinars for on-demand viewing. Advanced Global Markets scores higher overall in education and research.
| Feature | Advanced Global Markets | Eightcap |
|---|---|---|
| Forex Education | No | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Advanced Global Markets accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while Eightcap supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Advanced Global Markets | Eightcap |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Advanced Global Markets and Eightcap offer live chat support. Both provide phone support. Email support is available at both brokers. Both brokers offer support in 2 languages. Both brokers are comparable on support quality.
| Feature | Advanced Global Markets | Eightcap |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |