CM Trading
Eightcap
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Overview
CM Trading was founded in 2011 and is headquartered in Seychelles, while Eightcap was established in 2009 and is based in Australia. CM Trading holds licences including Financial Sector Conduct Authority (FSCA), while Eightcap is regulated by Australian Securities and Investment Commission (ASIC) among others. CM Trading serves 10,000+ clients worldwide; Eightcap has 10,000+. The minimum deposit is $250 at CM Trading and $100 at Eightcap.
| Feature | CM Trading | Eightcap |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Regulation | Financial Sector Conduct Authority (FSCA) | Australian Securities and Investment Commission (ASIC) |
| Founded | 2011 | 2009 |
| Country | Seychelles | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between CM Trading and Eightcap, directly affecting your bottom line as a trader. Eightcap has a lower barrier to entry with a minimum deposit of $100 (vs $250 at CM Trading). Eightcap charges withdrawal fees while CM Trading does not, giving CM Trading an edge for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, Eightcap scores higher on fees in our assessment.
| Feature | CM Trading | Eightcap |
|---|---|---|
| Min. Deposit | $250 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | Yes | No |
Platforms
CM Trading offers MT4, MT5, cTrader, while Eightcap supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | CM Trading | 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, Mirror Trader, Sirix, Web Trader, Tablet & Mobile apps | MT4, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how CM Trading and Eightcap compare. CM Trading has a video library; Eightcap does not. CM Trading integrates third-party research tools (Autochartist); Eightcap does not. CM Trading scores higher overall in education and research.
| Feature | CM Trading | Eightcap |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. CM Trading 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 | CM Trading | 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 CM Trading 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 | CM Trading | Eightcap |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |