B

Bailieu

6.3/10

Eightcap

5.6/10
7/10RegulationTied7/10
1/10FeesWinner4/10
7/10PlatformsWinner9/10
10/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Bailieu was founded in 2012 and is headquartered in Australia, while Eightcap was established in 2009 and is based in Australia. Both brokers are regulated by Australian Securities and Investment Commission (ASIC), among other authorities. Bailieu serves 10,000+ clients worldwide; Eightcap has 10,000+. The minimum deposit is $10000 at Bailieu and $100 at Eightcap.

Bailieu wins this category
FeatureBailieuEightcap
Min. Deposit$10000$100
RegulationAustralian Securities and Investment Commission (ASIC)Australian Securities and Investment Commission (ASIC)
Founded20122009
CountryAustraliaAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Bailieu and Eightcap, directly affecting your bottom line as a trader. Eightcap has a lower barrier to entry with a minimum deposit of $100 (vs $10000 at Bailieu). Eightcap charges withdrawal fees while Bailieu does not, giving Bailieu an edge for frequent withdrawers. Eightcap applies inactivity fees on dormant accounts; Bailieu does not. Overall, Eightcap scores higher on fees in our assessment.

Eightcap wins this category
FeatureBailieuEightcap
Min. Deposit$10000$100
Withdrawal FeesNoYes
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Bailieu offers 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 Bailieu does not offer. Eightcap edges ahead on platform breadth and functionality in our scoring.

Eightcap wins this category
FeatureBailieuEightcap
MT4NoYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsAndroid Apps,iPhone/iPad,DesktopMT4, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Bailieu and Eightcap compare. Bailieu runs regular live webinars; Eightcap does not. Bailieu has a video library; Eightcap does not. Bailieu publishes daily market commentary; Eightcap does not. Bailieu integrates third-party research tools (Trading Central, Autochartist); Eightcap does not. Bailieu maintains an archive of past webinars for on-demand viewing. Bailieu scores higher overall in education and research.

Bailieu wins this category
FeatureBailieuEightcap
Forex EducationYesNo
CFD EducationYesNo
Weekly WebinarsYesNo
Daily CommentaryYesNo
Trading CentralYesNo
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Bailieu 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.

Tied
FeatureBailieuEightcap
Bank TransferYesYes
Credit CardYesYes
PayPalNoNo
SkrillNoNo
NetellerNoNo

Support

Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Bailieu 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.

Tied
FeatureBailieuEightcap
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese