Eightcap
Trade.com
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Overview
Eightcap was founded in 2009 and is headquartered in Australia, while Trade.com was established in 2009 and is based in Cyprus, UK. Eightcap holds licences including Australian Securities and Investment Commission (ASIC), while Trade.com is regulated by Cyprus Securities and Exchange Commission (CySEC) among others. Eightcap serves 10,000+ clients worldwide; Trade.com has 10,000+. The minimum deposit is $100 at Eightcap and $1 at Trade.com.
| Feature | Eightcap | Trade.com |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Cyprus Securities and Exchange Commission (CySEC) |
| Founded | 2009 | 2009 |
| Country | Australia | Cyprus, UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Eightcap and Trade.com, directly affecting your bottom line as a trader. Trade.com has a lower barrier to entry with a minimum deposit of $1 (vs $100 at Eightcap). Both brokers charge withdrawal fees. Eightcap applies inactivity fees on dormant accounts; Trade.com does not. Trade.com charges deposit fees; Eightcap does not. Overall, Trade.com scores higher on fees in our assessment.
| Feature | Eightcap | Trade.com |
|---|---|---|
| Min. Deposit | $100 | $1 |
| Withdrawal Fees | Yes | Yes |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | No |
Platforms
Eightcap offers MT4, MT5, cTrader, while Trade.com 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.
| Feature | Eightcap | Trade.com |
|---|---|---|
| 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, Web Trader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Eightcap and Trade.com compare. Trade.com runs regular live webinars; Eightcap does not. Trade.com has a video library; Eightcap does not. Trade.com publishes daily market commentary; Eightcap does not. Trade.com integrates third-party research tools (Trading Central); Eightcap does not. Trade.com maintains an archive of past webinars for on-demand viewing. Trade.com scores higher overall in education and research.
| Feature | Eightcap | Trade.com |
|---|---|---|
| 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 Trade.com supports 2 (bank transfer, credit/debit card). Both brokers support the same set of payment methods.
| Feature | Eightcap | Trade.com |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | No |
| Skrill | No | No |
| Neteller | No | No |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Eightcap and Trade.com 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.
| Feature | Eightcap | Trade.com |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, and Chinese |