Eightcap vs eToro USA Securities

Eightcap vs eToro USA Securities Comparison Table 2023
Eightcap eToro USA Securities
4.6
4.1

eToro USA Securities is #2 in our broker rankings.

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

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.

eToro is a social investing platform that offers stocks, ETFs, options, and crypto. eToro securities trading is offered by eToro USA Securities, Inc.

https://www.daytrading.com/ is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.
Bonus Offer
Invest $100 and get $10
Promotions

eToro USA: Get A $10 Bonus When You Deposit $100

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."
Pros
  • Sophisticated platforms including MetaTrader 4 and TradingView
  • Raw spreads from 0.0 pips and a competitive $3.5 per lot commission
  • Flexible and fee-free payment methods including cryptocurrencies
  • 100+ crypto derivatives, more than most brokers, including crypto crosses and indices
  • Strong trading education and analysis including forex guides and online webinars
  • Cryptocrusher market scanner with sentiment indicators, news and trading signals
  • AI-powered economic calendar with top-level insights, in partnership with Acuity
  • Demo account
  • Copy trading
  • Low minimum deposit
  • Strong regulatory oversight
Cons
  • Cryptocrusher platform not available for Australian clients
  • Not as many shares as other brokers
  • Only four commodities available
  • No MT4 integration
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
Forex, CFDs, indices, shares, commodities, cryptocurrencies Stocks, Options, Cryptos, ETFs
Demo Account
Yes Yes
Minimum Deposit
£/€/$100 $10
Payment Methods
Minimum Trade
0.01 lots $10
Regulator
ASIC, VFSC SEC, FINRA
Margin Trading
Yes No
MetaTrader 4
Yes No
MetaTrader 5
Yes No
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 & Windows
Auto Trading
Capitalise.ai & Expert Advisors Copy multiple traders simultaneously with the flexibility to pause and stop. Crypto only.
Copy Trading
No Yes
Copy Trading Platform
Mirror the positions and strategies of other traders with the eToro US copy trading service. Crypto only.
Social Trading
No Yes
Trade Signals
Cryptocrusher - signals for cryptocurrencies No
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $10
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • SGD
  • USD
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. CFD trading not offered
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
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. Forex trading not offered
GBPUSD Spread
1.0 but 0.0 on Raw Account
EURUSD Spread
1.0 but 0.0 on Raw Account
EURGBP Spread
1.0 but 0.0 on Raw Account
Assets
40+
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. eToro US leads the way in cryptocurrency trading. 1% fee for buying or selling crypto added to the spread (from 0.75% for BTC), with their own wallet service and the largest number of cryptos to trade in the market. eToro copy trading is only for cryptos. Crypto asset investing is highly volatile and unregulated. No consumer protection. Tax on profits may apply.
Spread
From $0 From 0.75% for BTC
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
  • BTC
  • ETH
  • BCH
  • DASH
  • LTC
  • ETC
  • MIOTA
  • XLM
  • EOS
  • NEO
  • ZEC
  • XTZ
  • MKR
  • COMP
  • LINK
  • UNI
  • YFI
  • DOGE
  • AAVE
  • ALGO
  • MANA
  • ENJ
  • BAT
  • MATIC
  • FLR
  • SHIBxM
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
https://www.daytrading.com/ is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.
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