Eightcap
huobi
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Overview
Eightcap was founded in 2009 and is headquartered in Australia, while huobi was established in 2013 and is based in China. Eightcap holds licences including Australian Securities and Investment Commission (ASIC), while huobi is regulated by Financial Conduct Authority (FCA) among others. Eightcap serves 10,000+ clients worldwide; huobi has 10,000+. The minimum deposit is $100 at Eightcap and $250 at huobi.
| Feature | Eightcap | huobi |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F257 |
| Founded | 2009 | 2013 |
| Country | Australia | China |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Eightcap and huobi, directly affecting your bottom line as a trader. Eightcap has a lower barrier to entry with a minimum deposit of $100 (vs $250 at huobi). Eightcap charges withdrawal fees while huobi does not, a notable advantage for frequent withdrawers. Eightcap applies inactivity fees on dormant accounts; huobi does not. Overall, Eightcap scores higher on fees in our assessment.
| Feature | Eightcap | huobi |
|---|---|---|
| Min. Deposit | $100 | $250 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | No |
| CFD Fees | No | No |
Platforms
Eightcap offers MT4, MT5, cTrader, while huobi supports MT4, MT5, cTrader, a proprietary platform. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. huobi edges ahead on platform breadth and functionality in our scoring.
| Feature | Eightcap | huobi |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Tablet & Mobile apps | MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Eightcap and huobi compare. huobi runs regular live webinars; Eightcap does not. huobi has a video library; Eightcap does not. huobi publishes daily market commentary; Eightcap does not. huobi integrates third-party research tools (Trading Central, Autochartist); Eightcap does not. huobi maintains an archive of past webinars for on-demand viewing. huobi scores higher overall in education and research.
| Feature | Eightcap | huobi |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | Yes |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Eightcap accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while huobi supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). huobi uniquely supports PayPal and Skrill and Neteller among the two brokers. huobi scores higher on deposit and withdrawal flexibility.
| Feature | Eightcap | huobi |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Eightcap and huobi offer live chat support. Both provide phone support. Email support is available at both brokers. Eightcap supports 2 languages and huobi supports 8, giving huobi broader global reach. Both brokers are comparable on support quality.
| Feature | Eightcap | huobi |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Spanish, Polish, Chinese, Japanese, Korean, Vietnamese, and Arabic |