Eightcap
Zerodha
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Overview
Eightcap was founded in 2009 and is headquartered in Australia, while Zerodha was established in 2010 and is based in India. Eightcap holds licences including Australian Securities and Investment Commission (ASIC), while Zerodha is regulated by Securities and Exchange Board of India (SEBI) among others. Eightcap serves 10,000+ clients worldwide; Zerodha has 1,500,000+. The minimum deposit is $100 at Eightcap and $0 at Zerodha.
| Feature | Eightcap | Zerodha |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange |
| Founded | 2009 | 2010 |
| Country | Australia | India |
| Clients | 10,000+ | 1,500,000+ |
Fees
Fees are a critical factor when choosing between Eightcap and Zerodha, directly affecting your bottom line as a trader. Zerodha has a lower barrier to entry with a minimum deposit of $0 (vs $100 at Eightcap). Eightcap charges withdrawal fees while Zerodha does not, a notable advantage for frequent withdrawers. Eightcap applies inactivity fees on dormant accounts; Zerodha does not. Zerodha charges deposit fees; Eightcap does not. Overall, Zerodha scores higher on fees in our assessment.
| Feature | Eightcap | Zerodha |
|---|---|---|
| Min. Deposit | $100 | $0 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | No |
| Deposit Fees | No | Yes |
| CFD Fees | No | Yes |
Platforms
Eightcap offers MT4, MT5, cTrader, while Zerodha supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Eightcap supports social and copy trading features, which Zerodha does not offer. The two brokers are closely matched on platform offering.
| Feature | Eightcap | Zerodha |
|---|---|---|
| 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 | 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 Zerodha compare. Zerodha runs regular live webinars; Eightcap does not. Zerodha has a video library; Eightcap does not. Zerodha publishes daily market commentary; Eightcap does not. Zerodha integrates third-party research tools (Trading Central); Eightcap does not. Zerodha maintains an archive of past webinars for on-demand viewing. Zerodha scores higher overall in education and research.
| Feature | Eightcap | Zerodha |
|---|---|---|
| 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 Zerodha supports 1 (bank transfer). Eightcap uniquely supports credit/debit card among the two brokers. Eightcap scores higher on deposit and withdrawal flexibility.
| Feature | Eightcap | Zerodha |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | No |
| 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 Zerodha offer live chat support. Both provide phone support. Email support is available at both brokers. Eightcap supports 2 languages and Zerodha supports 13, giving Zerodha broader global reach. Both brokers are comparable on support quality.
| Feature | Eightcap | Zerodha |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | English, Deutsch, Nederlands, Espanol, Francais, Italiano, Polski, Srpski, Norsk, Svenska, Cesky, Romana, Turkce |