Eightcap
ord minnett limited
BrokerDataNet earns affiliate commission from brokers listed on this site. This does not affect our ratings or editorial independence.
Overview
Eightcap was founded in 2009 and is headquartered in Australia, while ord minnett limited was established in 2013 and is based in Australia. Eightcap holds licences including Australian Securities and Investment Commission (ASIC), while ord minnett limited is regulated by Financial Conduct Authority (FCA) among others. Eightcap serves 10,000+ clients worldwide; ord minnett limited has 10,000+. The minimum deposit is $100 at Eightcap and $250 at ord minnett limited.
| Feature | Eightcap | ord minnett limited |
|---|---|---|
| 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-F292 |
| Founded | 2009 | 2013 |
| Country | Australia | Australia |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Eightcap and ord minnett limited, directly affecting your bottom line as a trader. Eightcap has a lower barrier to entry with a minimum deposit of $100 (vs $250 at ord minnett limited). Eightcap charges withdrawal fees while ord minnett limited does not, a notable advantage for frequent withdrawers. Eightcap applies inactivity fees on dormant accounts; ord minnett limited does not. Overall, Eightcap scores higher on fees in our assessment.
| Feature | Eightcap | ord minnett limited |
|---|---|---|
| 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 ord minnett limited supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Eightcap supports social and copy trading features, which ord minnett limited does not offer. The two brokers are closely matched on platform offering.
| Feature | Eightcap | ord minnett limited |
|---|---|---|
| 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 ord minnett limited compare. ord minnett limited runs regular live webinars; Eightcap does not. ord minnett limited has a video library; Eightcap does not. ord minnett limited publishes daily market commentary; Eightcap does not. ord minnett limited integrates third-party research tools (Trading Central); Eightcap does not. ord minnett limited maintains an archive of past webinars for on-demand viewing. ord minnett limited scores higher overall in education and research.
| Feature | Eightcap | ord minnett limited |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
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 ord minnett limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). ord minnett limited uniquely supports PayPal and Skrill and Neteller among the two brokers. ord minnett limited scores higher on deposit and withdrawal flexibility.
| Feature | Eightcap | ord minnett limited |
|---|---|---|
| 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 ord minnett limited offer live chat support. Both provide phone support. Email support is available at both brokers. Eightcap supports 2 languages and ord minnett limited supports 8, giving ord minnett limited broader global reach. Both brokers are comparable on support quality.
| Feature | Eightcap | ord minnett limited |
|---|---|---|
| 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 |