Eightcap vs Interactive Investor

Eightcap vs Interactive Investor Comparison Table 2023
Eightcap	Interactive Investor
Review 4.6	Review 4.6
Traders from US not accepted See available CFD brokers	Traders from US not accepted
Eightcap is a forex and CFD broker founded in Australia in 2009. The brand is popular with serious day traders for its raw spreads on 1000+ instruments and advanced MetaTrader platforms. With five 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.	Interactive Investor are a hugely respected, FCA-regulated investing firm. The trading platform is easy-to-use while the sign-up and deposit process is straightforward for new investors. ii also has a long track record and a string of industry awards under its belt.
Comment by Reviewer
"Eightcap is great for day traders familiar with MT4 and MT5 and 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."	"Interactive Investor is an excellent pick for UK traders interested in longer-term investing products like ISAs and SIPP accounts. The low fixed fees for large portfolios and 40,000+ stocks will also appeal to traders with a decent bankroll."
Pros
Sophisticated platforms including MetaTrader 4 and TradingView Flexible and fee-free payment methods including cryptocurrencies Raw spreads from 0.0 pips and a low $3.5 commission will appeal to active traders 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 short term trading signals AI-powered economic calendar with top-level insights, in partnership with Acuity Good for day trading with ECN pricing, strong charting tools and automated trading software	FCA-regulated No minimum deposit 40,000+ stocks and shares Excellent market research User-friendly investment app Low fixed fees for large portfolios Multiple payment methods including bank cards Highly rated and trusted by 400,000 investors Less than 1 minute average wait time for customer support
Cons
Cryptocrusher platform not available for Australian clients Demo account can only be extended upon request Only four commodities available	No free demo account No copy trading tools
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	Investment Platform of the Year 2022 Best Low-cost SIPP 2022 Shareholder Rights Champion 2022 Best Low Cost Stockbroker 2022 Retail Investor Champion of the Year 2021 Best Low Cost Stockbroker 2021 Best Stocks and Shares ISA provider 2021 Best Stocks & Shares ISA Provider 2020 Best Stockbroker for International Dealing 2020
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Crypto	Stocks, Funds, Trusts, ETFs, Bonds, Gilts, VCTs
Demo Account
Yes	No
Minimum Deposit
$100	£0
Trading Platforms
MT4 MT5 TradingView	Own
Payment Methods
Bitcoin Payments BPAY Credit Card Debit Card FasaPay Neteller PayPal POLi Skrill UnionPay Visa Wire Transfer WorldPay	Cheque Debit Card Maestro Mastercard Visa Wire Transfer
Minimum Trade
0.01 Lots	£25
Regulator
FCA, ASIC, CySEC, SCB	FCA
Margin Trading
Yes	No
STP Account
No	No
ECN Account
Yes	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 (EAs) on MetaTrader	Ready-Made Portfolios
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	Yes
Custodial Account
No	Yes
Guaranteed Stop Loss
No	No
Inactivity Fee
$0	$0
Islamic Account
Yes	No
Account Currencies
USD EUR GBP CAD AUD NZD SGD	GBP
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng Hong Kong Stock Exchange Japan Exchange Group London Stock Exchange Nasdaq New York Stock Exchange	Dow Jones FTSE UK Index Nasdaq
Commodities
Gold Oil Silver
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. Eightcap also offers more choice than most competitors in terms of platforms with MT4, MT5 and TradingView.	CFD trading not offered
Leverage
1:30 (EU), 1:500 (Global)
FTSE Spread
1.2
GBPUSD Spread
1.0
Oil Spread
0.03
Stocks Spread
$4 round turn
Forex Trading
Trade 50+ major, minor and exotic pairs with an award winning platform. Users get institutional-level prices with spreads from 0.0 pips and low commissions. The VPS will also serve high-volume, active day traders.	Forex trading not offered
GBPUSD Spread
1.0
EURUSD Spread
1.0
EURGBP Spread
1.0
Assets
50+
Cryptocurrency
Eightcap offers Crypto-CFDs with 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.	Crypto trading not offered
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

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