Compare Eightcap vs ActivTrades
What is Eightcap? What is ActivTrades?
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.
ActivTrades is a UK-headquartered CFD and forex broker established in 2001. The brokerage is heavily regulated with licenses from the FCA, SCB, CSSF, BACEN & CVM and CMVM. Over 1000 CFDs are available spanning 7 asset classes.
Eightcap vs ActivTrades Regulation Comparison
Eightcap is regulated by the Australian Securities and Investments Commission (ASIC) under the license number 391441.
ActivTrades is regulated by the Financial Conduct Authority (FCA) in the UK under the license number 434413, the Securities Commission of The Bahamas (SCB) under the license number 199667, the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg under the license number A000014/18, the Banco Central do Brasil (BACEN) under the license number 306808, the Comissão de Valores Mobiliários (CVM) in Brazil under the license number 17/2018, and the Comissão do Mercado de Valores Mobiliários (CMVM) in Portugal under the license number 276.
Eightcap vs ActivTrades Trading Assets Comparison
Eightcap offers trading on forex, indexes, and crypto CFDs. ActivTrades offers trading on forex, CFD, spread betting, crypto, gold & silver, oil, stocks, soft commodities, metals, and ETFs.
Eightcap vs ActivTrades Trading Fees Comparison
Eightcap charges variable spreads from 0.0 pips and a competitive $3.5 per lot commission on its Standard account. ActivTrades charges variable spreads from 0.5 pips on thousands of forex CFDs and no commission on its Classic account.
Eightcap vs ActivTrades Account Types Comparison
Eightcap offers two types of accounts: Standard and Raw. The Standard account has no commission but higher spreads, while the Raw account has lower spreads but a commission of $3.5 per lot per side.
ActivTrades offers three types of accounts: Classic, Advantage, and Professional. The Classic account has no commission but higher spreads, while the Advantage account has lower spreads but a commission of $1 per lot per side. The Professional account has similar conditions as the Advantage account but with higher leverage and lower margin requirements.
Eightcap vs ActivTrades Deposit Options Comparison
Eightcap supports various deposit and withdrawal methods, including bank wire transfer, credit/debit cards, Skrill, Neteller, POLi Payments, BPAY, FasaPay, Broker to Broker Transfer, Bitcoin, and Tether.
ActivTrades supports bank wire transfer, credit/debit cards, Skrill, Neteller, Sofort Banking, Klarna Banking, Trustly Banking, PayPal, and Rapid Transfer.
Eightcap vs ActivTrades Trading Platforms Comparison
Eightcap provides its clients with access to MetaTrader 4 and MetaTrader 5 platforms for desktop, web, and mobile devices. ActivTrades offers a selection of leading trading platforms, including MT4, MT5, TradingView and ActivTrader platforms for desktop, web, and mobile devices.
Eightcap vs ActivTrades Analytical Tools Comparison
Eightcap provides its clients with various analytical tools, such as Cryptocrusher market scanner with sentiment indicators, news and trading signals; AI-powered economic calendar with top-level insights; and daily market analysis from its experts.
ActivTrades provides its clients with several analytical tools as well, such as ActivTrader Smart Order 2 that increases investing efficiency; high-quality daily market analysis; free webinars; VPS service; and Trading Central technical analysis tool.
Eightcap vs ActivTrades. Which forex broker is better? Which forex broker should you choose?
There is no definitive answer to which forex broker is better or which one you should choose, as it depends on your personal preferences, trading style, and financial goals. However, here are some pros and cons of each broker to help you make an informed decision.
Eightcap Pros:
- Regulated by ASIC, a reputable and strict regulator
- Offers raw spreads from 0.0 pips and low commission of $3.5 per lot
- Supports MetaTrader 4 and MetaTrader 5 platforms, which are widely used and reliable
- Provides Cryptocrusher market scanner with sentiment indicators, news and trading signals
Eightcap Cons:
- Does not offer spread betting, which is tax-free in the UK
- Does not accept clients from the US, Canada, Japan, and some other countries
- Does not offer PayPal as a payment method
- Does not have a proprietary trading platform
ActivTrades Pros:
- Regulated by multiple authorities, including the FCA, SCB, CSSF, BACEN & CVM and CMVM
- Offers over 1000 CFDs across 7 asset classes, including spread betting
- Supports MT4, MT5, TradingView and ActivTrader platforms, which are user-friendly and customizable
- Provides ActivTrader Smart Order 2 that increases investing efficiency and Trading Central technical analysis tool
ActivTrades Cons:
- Charges higher spreads than Eightcap on its Classic account
- Charges commission of $1 per lot on its Advantage account
- Does not offer crypto CFDs, which are popular among traders
- Does not have an AI-powered economic calendar with top-level insights
