FreshForex vs Eightcap
| FreshForex Review 2023 | Eightcap Review 2023 |
|---|---|
2.5
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4.6
|
 Traders from US not accepted
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Traders from US not accepted
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FreshForex is an established forex and CFD broker offering 270+ assets on the MT4 and MT5 platforms. This offshore broker promises rapid NDD execution and average withdrawal times of 10 minutes. There are also several account types, high leverage, and algo trading tools to suit different trading experience levels and strategies. |
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 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. |
| Bonus Offer | |
| $2020 no deposit bonus | |
| Comment by Reviewer | |
| "FreshForex is a good choice for algorithmic traders looking for extensive expert advisor resources or crypto traders looking for a wide variety of digital assets." | "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 | |
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| Cons | |
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| Awards | |
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| Instruments | |
| Forex, CFDs, indices, commodities, cryptocurrencies | CFDs, Forex, Stocks, Indices, Commodities, Crypto |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $10 | $100 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| FSA | FCA, ASIC, CySEC, SCB |
| Margin Trading | |
| No | Yes |
| STP Account | |
| No | No |
| ECN Account | |
| No | Yes |
| DMA Account | |
| No | No |
| MAM Account | |
| No | Yes |
| 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 | Yes |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Mobile Apps | |
| Yes | iOS & Android |
| Auto Trading | |
| Yes | Capitalise.ai platform plus Expert Advisors (EAs) on MetaTrader software |
| Copy Trading | |
| No | No |
| Social Trading | |
| Yes | 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 | |
| Yes | Yes |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Trade CFDs across key asset classes with high leverage up to 1:2000, more than almost every other broker we have evaluated. You can also analyze the broker's 120+ assets using the useful CFD heatmap tool. | 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. |
| Leverage | |
| 1:2000 | 1:30 (EU), 1:500 (Global) |
| FTSE Spread | |
| 90 | 1.2 |
| GBPUSD Spread | |
| 3 | 1.0 |
| Oil Spread | |
| 12 | 0.03 |
| Stocks Spread | |
| Variable | $0.02 per share, per side ($4 per lot round turn) |
| Forex Trading | |
| FreshForex offers over 40 currency pairs with spreads from 2 pips for EUR/USD, which is not the most competitive vs other brands which typically offer spreads below 1 pip. | Trade 50+ major, minor and exotic pairs with an award winning platform. Users get institutional-level prices with spreads from 0.0 pips and no commissions. The VPS will also serve high-volume, active day traders. |
| GBPUSD Spread | |
| 3 | 1.0 |
| EURUSD Spread | |
| 2 | 1.0 |
| EURGBP Spread | |
| 3 | 1.0 |
| Assets | |
| 40+ | 50+ |
| Cryptocurrency | |
| An impressive selection of over 70 crypto-fiat pairs with a competitive 0.05% commission. You can also access the market 24/7 whilst on-the-go using the broker's mobile apps. | 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. |
| Spread | |
| Variable | From $0 |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
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| More Comparisons | |
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FreshForex vs |
Eightcap vs |