easyMarkets
Eightcap
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Overview
easyMarkets was founded in 2003 and is headquartered in Cyprus, Australia, while Eightcap was established in 2009 and is based in Australia. easyMarkets holds licences including Cyprus Securities and Exchange Commission (CySEC), while Eightcap is regulated by Australian Securities and Investment Commission (ASIC) among others. easyMarkets serves 142,500+ clients worldwide; Eightcap has 10,000+. Both brokers share the same minimum deposit of $100.
| Feature | easyMarkets | Eightcap |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Regulation | Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC) | Australian Securities and Investment Commission (ASIC) |
| Founded | 2003 | 2009 |
| Country | Cyprus, Australia | Australia |
| Clients | 142,500+ | 10,000+ |
Fees
Fees are a critical factor when choosing between easyMarkets and Eightcap, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Eightcap charges withdrawal fees while easyMarkets does not, giving easyMarkets an edge for frequent withdrawers. Eightcap applies inactivity fees on dormant accounts; easyMarkets does not. Overall, easyMarkets scores higher on fees in our assessment.
| Feature | easyMarkets | Eightcap |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Withdrawal Fees | No | Yes |
| Inactivity Fees | No | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
easyMarkets offers MT4, MT5, cTrader, a proprietary platform, 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. easyMarkets edges ahead on platform breadth and functionality in our scoring.
| Feature | easyMarkets | 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, 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 easyMarkets and Eightcap compare. easyMarkets runs regular live webinars; Eightcap does not. easyMarkets has a video library; Eightcap does not. easyMarkets publishes daily market commentary; Eightcap does not. easyMarkets integrates third-party research tools (Trading Central, Autochartist); Eightcap does not. easyMarkets maintains an archive of past webinars for on-demand viewing. easyMarkets scores higher overall in education and research.
| Feature | easyMarkets | Eightcap |
|---|---|---|
| Forex Education | Yes | No |
| CFD Education | Yes | No |
| Weekly Webinars | Yes | No |
| Daily Commentary | Yes | No |
| Trading Central | Yes | No |
| Autochartist | Yes | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. easyMarkets accepts 4 of the tracked payment methods (bank transfer, credit/debit card, Skrill, Neteller), while Eightcap supports 2 (bank transfer, credit/debit card). easyMarkets uniquely supports Skrill and Neteller among the two brokers. easyMarkets scores higher on deposit and withdrawal flexibility.
| Feature | easyMarkets | Eightcap |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | Yes | No |
| Neteller | Yes | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both easyMarkets and Eightcap offer live chat support. Both provide phone support. Email support is available at both brokers. easyMarkets supports 5 languages and Eightcap supports 2, giving easyMarkets broader global reach. Both brokers are comparable on support quality.
| Feature | easyMarkets | Eightcap |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, German, Arabic, Chinese, Spanish and Polish | English, and Chinese |