Eightcap vs Saxo Bank

Eightcap vs Saxo Bank Comparison Table 2022
Eightcap Saxo Bank
Eightcap is a multi-regulated FX & CFD broker offering the MT4 & MT5 platforms. Award winning platform, zero commission, free education and low spreads. A regulated bank, Saxobank offer Equities and Forex trading on 40,000+ markets via the SaxoTrader Pro and SaxoTrader Go platforms
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted
Bonus
None None
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies Forex, CFDs, indices, shares, commodities, cryptocurrencies, futures, options, bonds, ETFs
Demo Account
Yes Yes
Minimum Deposit
£/€/$100 $10000
Payment Methods
Credit Card, Debit Card, Neteller, POLi, Skrill, UnionPay, Visa Credit Card, JCB Card, Mastercard, Visa, Wire Transfer
Minimum Trade
0.01 lots Vary by asset
Regulator
ASIC, VFSC DFSA, MAS, FCA, SFC
Margin Trading
Yes No
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
STP Account
No No
ECN Account
Yes Yes
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
No No
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Mobile Apps
Yes SaxoTraderGo (iOS, Android, Windows)
Auto Trading
Yes - Capitalise.ai -
Trade Signals
No Yes
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Social Trading
No No
Copy Trading
No No
Islamic Account
No Yes
Account Currencies
- USD, EUR, GBP, CAD, AUD, JPY, SEK, DKK, CHF
CFD
Trade CFDs on popular indices, shares, forex, crypto & commodities. Award winning platform, zero commission, free education and low spreads.
Leverage
1:500 1:30
FTSE Spread
1.2 1.2 pts (Variable)
GBPUSD Spread
1.0 but 0.0 on Raw Account 0.7 (var)
Oil Spread
1.0 0.03
Stocks Spread
1.0 0.10% (subject to min commission)
Forex
Trade on 40+ of major, minor & exotic pairs with an award winning platform. Zero commission, free education and low spreads.
GBPUSD Spread
1.0 but 0.0 on Raw Account 0.7 (varies by region)
EURUSD Spread
1.0 but 0.0 on Raw Account 0.2 (varies by region)
EURGBP Spread
1.0 but 0.0 on Raw Account 0.6 (varies by region)
Assets
40 40+
Cryptocurrency
Trade CFDs on Bitcoin, major altcoins, cross pairs and indices. Eightcap now deliver over 250 crypto backed derivatives, putting them among the market leaders of traditional brokers. Crypto trading not offered
Spread
From 0.0 pips
Coins
BTC, LTC, ETH, XRP
Crypto Lending
No No
Crypto Mining
No No
Auto Market Maker
No No
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