B
Coinbase logo

Coinbase

7.2/10

Eightcap

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

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Overview

Coinbase was founded in 1989 and is headquartered in United States, while Eightcap was established in 2009 and is based in Australia. Coinbase holds licences including Financial Conduct Authority (FCA), while Eightcap is regulated by Australian Securities and Investment Commission (ASIC) among others. Coinbase serves 10,000+ clients worldwide; Eightcap has 10,000+. Both brokers share the same minimum deposit of $100.

Coinbase wins this category
FeatureCoinbaseEightcap
Min. Deposit$100$100
RegulationFinancial Conduct Authority (FCA)Australian Securities and Investment Commission (ASIC)
Founded19892009
CountryUnited StatesAustralia
Clients10,000+10,000+

Fees

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

Coinbase wins this category
FeatureCoinbaseEightcap
Min. Deposit$100$100
Withdrawal FeesNoYes
Inactivity FeesNoYes
Deposit FeesNoNo
CFD FeesNoNo

Platforms

Coinbase 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.

Tied
FeatureCoinbaseEightcap
MT4YesYes
MT5YesYes
cTraderYesYes
Windows AppYesYes
iOS AppYesYes
Android AppYesYes
Trading PlatformsiPhone/iPad,iOS,MT4, Tablet & Mobile apps

Education & Research

Education and research tools help traders at every level make more informed decisions, and here's how Coinbase and Eightcap compare. Coinbase has a video library; Eightcap does not. Coinbase integrates third-party research tools (Autochartist); Eightcap does not. Coinbase scores higher overall in education and research.

Coinbase wins this category
FeatureCoinbaseEightcap
Forex EducationYesNo
CFD EducationNoNo
Weekly WebinarsNoNo
Daily CommentaryNoNo
Trading CentralNoNo
AutochartistYesNo

Deposits & Withdrawals

Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Coinbase 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
FeatureCoinbaseEightcap
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 Coinbase 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
FeatureCoinbaseEightcap
Live ChatYesYes
Phone SupportYesYes
Email SupportYesYes
LanguagesEnglish, and ChineseEnglish, and Chinese