Trading 212 vs Eightcap

Trading 212 vs Eightcap Comparison Table 2023
Trading 212	Eightcap
Review 1.5	Review 4.6
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
Trading 212 is a European-regulated CFD, stock and ETF broker that also offers ISA accounts. Traders can access markets through a proprietary trading platform and speculate on the movements of 1800+ tradeable instruments including forex, stocks, ETFs and commodities.	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.
Comment by Reviewer
"Trading212 falls short of the standards we expect from online brokers. A subpar mobile trading app and questionable changes to margin requirements have eroded user confidence. There are better alternatives for day traders."	"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."
Pros
Demo account with virtual funds Portfolio copy trading functionality Low minimum deposit requirement A suite of educational resources Commission-free trading across a range of assets	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
Cons
No access to MT4 or MT5 Execution-only brokerage with no managed account option Questionable operating practices and treatment of customers Some products such as options and cryptocurrency are not offered Low account and fund safety score	Cryptocrusher platform not available for Australian clients Demo account can only be extended upon request Only four commodities available
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, ETFs	CFDs, Forex, Stocks, Indices, Commodities, Crypto
Demo Account
Yes	Yes
Minimum Deposit
$1	$100
Trading Platforms
Own	MT4 MT5 TradingView
Payment Methods
Apple Pay Credit Card Debit Card Giropay Google Wallet iDeal Mastercard PayPal Skrill Sofort Visa Wire Transfer	Bitcoin Payments BPAY Credit Card Debit Card FasaPay Neteller PayPal POLi Skrill UnionPay Visa Wire Transfer WorldPay
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FCA, CySEC, FSC	FCA, ASIC, CySEC, SCB
Margin Trading
Yes	Yes
STP Account
Yes	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
Yes	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Mobile Apps
iOS & Android	iOS & Android
Auto Trading
AutoInvest portfolio	Capitalise.ai, Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes	No
Copy Trading Platform
Trading 212 offers a portfolio copy trading service which is user-friendly and suitable for beginners
Social Trading
Yes	No
Trade Signals
	Cryptocrusher - signals for cryptocurrencies
VPS Hosting
No	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
Yes	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
	$0
Islamic Account
No	Yes
Account Currencies
USD EUR GBP CAD SEK NOK CHF CZK	USD EUR GBP CAD AUD NZD SGD
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Euronext FTSE UK Index Hong Kong Stock Exchange IBEX 35 Japan Exchange Group S&P 500 SIX Swiss Exchange	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
Commodities
Cocoa Coffee Copper Corn Cotton Gasoline Gold Lead Livestock Natural Gas Oil Palladium Platinum Silver Soybeans Sugar Wheat	Gold Oil Silver
CFD Trading
Trade leveraged CFDs on thousands of instruments, including forex, equities, commodities, indices, bonds and futures. The selection of asset classes is decent, but the trading software, particularly the mobile app, lags behind competitors.	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
1:30	1:500
FTSE Spread
2.5 points	1.2
GBPUSD Spread
0.00028 pips	1.0
Oil Spread
0.4 pips	0.03
Stocks Spread
0.2% Var	$4 round turn
Forex Trading
Trade 170+ major, minor and exotic forex pairs with floating spreads and leverage up to 1:30. Forex futures are also available on some currency pairs. However the forex broker has a track record of amending margin requirements without appropriate notice.	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 App
Trading212 have positioned themselves at the front of the mobile trading movement. Their platform is based on a ‘mobile-first’ model, so they prioritize this type of trader. The app offers 1800+ instruments, zero commissions and a free practise account. Download the app risk free and try it out.
GBPUSD Spread
0.00028 pips	1.0
EURUSD Spread
0.00015 pips	1.0
EURGBP Spread
0.00044 pips	1.0
Assets
170+	50+
Cryptocurrency
Crypto trading not offered	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.
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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