B
Chase Bank logo

Chase Bank

7.6/10

Eightcap

5.6/10
7/10RegulationTied7/10
8/10WinnerFees4/10
9/10PlatformsTied9/10
10/10WinnerEducation & Research0/10
4/10Deposits & WithdrawalsTied4/10
10/10SupportTied10/10

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Overview

Chase Bank was founded in 1975 and is headquartered in United States, 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. Chase Bank serves 10,000+ clients worldwide; Eightcap has 10,000+. Both brokers share the same minimum deposit of $100.

Chase Bank wins this category
FeatureChase BankEightcap
Min. Deposit$100$100
RegulationAustralian Securities and Investment Commission (ASIC)Australian Securities and Investment Commission (ASIC)
Founded19752009
CountryUnited StatesAustralia
Clients10,000+10,000+

Fees

Fees are a critical factor when choosing between Chase Bank and Eightcap, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Eightcap charges withdrawal fees while Chase Bank does not, giving Chase Bank an edge for frequent withdrawers. Eightcap applies inactivity fees on dormant accounts; Chase Bank does not. Overall, Chase Bank scores higher on fees in our assessment.

Chase Bank wins this category
FeatureChase BankEightcap
Min. Deposit$100$100
Withdrawal FeesNoYes
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Chase Bank 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 Chase Bank does not offer. The two brokers are closely matched on platform offering.

Tied
FeatureChase BankEightcap
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsDesktop,Android,iPhone/iPad,MacMT4, Tablet & Mobile apps

Education & Research

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

Chase Bank wins this category
FeatureChase BankEightcap
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. Chase Bank 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
FeatureChase BankEightcap
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 Chase Bank 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
FeatureChase BankEightcap
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese