Eightcap
state one stockbroking limited
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Overview
Eightcap was founded in 2009 and is headquartered in Australia, while state one stockbroking limited was established in 2018 and is based in Anguilla. Eightcap holds licences including Australian Securities and Investment Commission (ASIC), while state one stockbroking limited is regulated by Financial Conduct Authority (FCA) among others. Eightcap serves 10,000+ clients worldwide; state one stockbroking limited has 10,000+. The minimum deposit is $100 at Eightcap and $250 at state one stockbroking limited.
| Feature | Eightcap | state one stockbroking 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-F309 |
| Founded | 2009 | 2018 |
| Country | Australia | Anguilla |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Eightcap and state one stockbroking 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 state one stockbroking limited). Eightcap charges withdrawal fees while state one stockbroking limited does not, a notable advantage for frequent withdrawers. Eightcap applies inactivity fees on dormant accounts; state one stockbroking limited does not. Overall, Eightcap scores higher on fees in our assessment.
| Feature | Eightcap | state one stockbroking 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 state one stockbroking limited supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Eightcap supports social and copy trading features, which state one stockbroking limited does not offer. The two brokers are closely matched on platform offering.
| Feature | Eightcap | state one stockbroking 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 state one stockbroking limited compare. state one stockbroking limited has a video library; Eightcap does not. state one stockbroking limited integrates third-party research tools (Autochartist); Eightcap does not. state one stockbroking limited scores higher overall in education and research.
| Feature | Eightcap | state one stockbroking limited |
|---|---|---|
| Forex Education | No | Yes |
| CFD Education | No | No |
| Weekly Webinars | No | No |
| Daily Commentary | No | No |
| Trading Central | No | No |
| 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 state one stockbroking limited supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). state one stockbroking limited uniquely supports PayPal and Skrill and Neteller among the two brokers. state one stockbroking limited scores higher on deposit and withdrawal flexibility.
| Feature | Eightcap | state one stockbroking 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 state one stockbroking limited offer live chat support. Both provide phone support. Email support is available at both brokers. Eightcap supports 2 languages and state one stockbroking limited supports 8, giving state one stockbroking limited broader global reach. Both brokers are comparable on support quality.
| Feature | Eightcap | state one stockbroking 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 |