5paisa vs Eightcap

5paisa vs Eightcap Comparison Table 2023
5paisa Eightcap
WINNER
5paisa is the better broker
Not Yet Rated

5paisa is #35 in our broker rankings.

4.6
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

5paisa is a discount Indian brokerage with equities and derivatives trading on thousands of products.

Eightcap is a multi-regulated FX and CFD broker offering MT4 and MT5. The brand provides award winning trading platforms, zero commissions, free education and low spreads.

Awards
  • Best Forex Broker 2023 - DayTrading.com
  • Best Cryptocurrency Broker 2023 - DayTrading.com
  • Best MT4/MT5 Broker 2022 - DayTrading.com
  • Best Global Forex MT4 Broker 2020 - Global Forex Awards
Instruments
Stocks, Futures, Options, Forex Forex, CFDs, indices, shares, commodities, cryptocurrencies
Demo Account
No Yes
Minimum Deposit
INR 450 £/€/$100
Payment Methods
Minimum Trade
No 0.01 lots
Regulator
SEBI ASIC, VFSC
Margin Trading
Yes Yes
MetaTrader 4
No Yes
MetaTrader 5
No Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
No No
DMA Account
No No
MAM Account
No Yes
PAMM Account
No No
LAMM Account
No No
Demat Account
Yes No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Capitalise.ai & Expert Advisors
Copy Trading
No No
Social Trading
No No
Trade Signals
Yes Cryptocrusher - signals for cryptocurrencies
VPS Hosting
No Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
0
Islamic Account
No Yes
Account Currencies
  • INR
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • SGD
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Trade CFDs on popular indices, shares, forex, cryptos & commodities
Leverage
1:30 - 1:500 depending on local regulation
FTSE Spread
1.2
GBPUSD Spread<
1.0 but 0.0 on Raw Account
Oil Spread
0.03
Stocks Spread
$0.02 per share, per side ($4 per lot round turn)
Forex Trading
5paisa supports forex trading through futures and options on four major currencies paired with the Indian rupee. Trade 40+ major, minor & exotic pairs with an award winning platform. Zero commission and tight spreads
GBPUSD Spread
N/A 1.0 but 0.0 on Raw Account
EURUSD Spread
N/A 1.0 but 0.0 on Raw Account
EURGBP Spread
N/A 1.0 but 0.0 on Raw Account
Assets
4 40+
Cryptocurrency
Crypto trading not offered Trade Bitcoin, major altcoins, cross pairs and indices. Eightcap delivers over 250 crypto backed derivatives
Spread
From $0
Coins
  • BTC
  • ETH
  • XRP
  • ADA
  • DOGE
  • BNB
  • LTC
  • TRX
  • BCH
  • XRP
  • EOS
  • DOT
  • LINK
  • MATIC
  • SHIB
  • BSV
  • VET
  • AXS
  • NEO
  • SOL
  • XLM
  • UNI
  • DASH
  • AAVE
  • KSM
  • THETA
  • CAKE
  • SUSHI
  • ATOM
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
5paisa
vs
Eightcap
vs