Eightcap vs Binary.com
Eightcap | Binary.com |
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4.6
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4
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Eightcap is a forex and CFD broker founded in Australia in 2009. The brand is popular for its raw spreads on 1000+ instruments and advanced MetaTrader platforms. With 5 global offices and ASIC regulation, Eightcap has built a strong reputation. New traders can also sign up for a live account in just a few minutes. |
Binary.com are the established pioneers of binary options. They are a well-known broker offering 150+ derivative products across a range of popular markets. With over 2.5 million users worldwide, the broker offers options multipliers and CFDs on two powerful trading platforms. |
Comment by Reviewer | |
"Eightcap is good for traders familiar with MT4 and MT5 looking to trade forex and CFDs in a secure environment. The brand is also a great pick for crypto traders with 100+ derivatives, a sophisticated market scanner, plus Bitcoin and Tether deposits." | "Binary.com (now Deriv) is a great pick for beginners and advanced traders interested in short-term trading with multipliers and leveraged CFDs. The broker is also a leader in synthetic indices which simulate real market movements and are available around the clock." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
Forex, CFDs, indices, shares, commodities, cryptocurrencies | Stocks, CFD, Forex, Crypto, Binary Options |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
£/€/$100 | $5 |
Payment Methods | |
Minimum Trade | |
0.01 lots | $1 |
Regulator | |
ASIC, VFSC | MGA, SC |
Margin Trading | |
Yes | No |
MetaTrader 4 | |
Yes | Yes |
MetaTrader 5 | |
Yes | Yes |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
Yes | No |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
No | No |
STP Account | |
No | No |
ECN Account | |
No | No |
DMA Account | |
No | No |
MAM Account | |
Yes | No |
PAMM Account | |
No | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | No |
Mobile Apps | |
iOS & Android | iOS, Android |
Auto Trading | |
Capitalise.ai & Expert Advisors | Binary.com offer a self build robot feature to design, test and implement automated trading strategies |
Copy Trading | |
No | No |
Social Trading | |
No | No |
Trade Signals | |
Cryptocrusher - signals for cryptocurrencies | |
VPS Hosting | |
Yes | No |
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 | |
Yes | No |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
Trade over 800 CFDs on popular indices, shares, forex, cryptos and commodities. Clients get premium liquidity and superior execution with servers in leading data centres. Skilling also offers more choice than most competitors in terms of platforms with MT4, MT5 and TradingView. | Trade CFDs with tight spreads on key markets as well as the broker's 24/7 synthetic indices, which are not available elsewhere. |
Leverage | |
1:30 - 1:500 depending on local regulation | 1:1000 |
FTSE Spread | |
1.2 | 1 pt var |
GBPUSD Spread | |
1.0 but 0.0 on Raw Account | 1 pip var |
Oil Spread | |
0.03 | 3 pips var |
Stocks Spread | |
$0.02 per share, per side ($4 per lot round turn) | |
Forex Trading | |
Trade 40+ major, minor and exotic pairs with an award winning platform. Users get institutional-level prices with spreads from 0.0 pips and no commissions. | Binary.com deliver advanced forex trading via the MetaTrader 5 platform and flexible account options. |
GBPUSD Spread | |
1.0 but 0.0 on Raw Account | 1 pip var |
EURUSD Spread | |
1.0 but 0.0 on Raw Account | 0.5 pip var |
EURGBP Spread | |
1.0 but 0.0 on Raw Account | 1 pip var |
Assets | |
40+ | 45+ |
Cryptocurrency | |
Eightcap offers over 100 crypto-backed derivatives, more than many rivals. Bitcoin spreads are also lower than most brokers coming in at 12, while the market scanner is a unique and powerful trading aid. | Trade with 1:2 leverage on 25+ crypto pairs with zero commission and access to the powerful MT5 platform. |
Spread | |
From $0 | BTC 2%, ETH 3% |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Binary Options | |
Binary options trading not offered | Binary.com are the pioneers of binary options. The original binary brand continue to expand and innovate their offering and remain one of the most trusted brands in the binary sector. |
Payout | |
91% | |
Ladder Options | |
No | Yes |
Boundary Options | |
No | Yes |
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More Comparisons | |
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