Compare Eightcap vs Land-FX
What is Eightcap? What is Land-FX?
Eightcap is a regulated online trading platform that offers CFDs on forex, indices, commodities, cryptocurrencies, and shares. It was founded in 2009 and has offices in Australia, Bulgaria, and Vanuatu.
Land-FX is a regulated online trading platform that offers CFDs on forex, indices, commodities, metals, and cryptocurrencies. It was founded in 2013 and has offices in New Zealand, UK, Malaysia, and Cyprus.
Eightcap vs Land-FX Regulation Comparison
Eightcap is regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC). It also holds an Australian Financial Services Licence (AFSL) and participates in the Australian Financial Complaints Authority (AFCA).
Land-FX is regulated by the Financial Conduct Authority (FCA) in the UK, the Financial Services Authority (FSA) in Saint Vincent and the Grenadines, and the Financial Markets Authority (FMA) in New Zealand. It also holds a Derivatives Issuer Licence in New Zealand and participates in the Financial Services Compensation Scheme (FSCS) in the UK.
Eightcap vs Land-FX Trading Assets Comparison
Eightcap offers over 800 CFD markets, including 60+ currency pairs, 15+ global indices, 200+ shares from US, UK, and Australia, 6 commodities, and 5 cryptocurrencies.
Land-FX offers over 70 CFD markets, including 50+ currency pairs, 12 global indices, 4 commodities, 4 metals, and 5 cryptocurrencies.
Eightcap vs Land-FX Trading Fees Comparison
Eightcap charges variable spreads depending on the account type and market conditions. The average spread for EUR/USD is 0.9 pips for the Standard account and 0 pips for the ECN account. It also charges a commission of $3.5 per lot per side for the ECN account. It does not charge any deposit or withdrawal fees.
Land-FX charges variable spreads depending on the account type and market conditions. The average spread for EUR/USD is 1.3 pips for the Standard account and 0.2 pips for the ECN account. It also charges a commission of $10 per lot round turn for the ECN account. It does not charge any deposit fees, but it may charge withdrawal fees depending on the payment method.
Eightcap vs Land-FX Account Types Comparison
Eightcap offers two types of accounts: Standard and ECN. The minimum deposit for both accounts is $100. The maximum leverage for both accounts is 500:1 for forex and metals, 200:1 for indices and commodities, and 20:1 for cryptocurrencies.
Land-FX offers three types of accounts: Standard, ECN, and Swap Free. The minimum deposit for the Standard and Swap Free accounts is $10, while the minimum deposit for the ECN account is $1000. The maximum leverage for all accounts is 2000:1 for forex and metals, 1000:1 for indices and commodities, and 20:1 for cryptocurrencies.
Eightcap vs Land-FX Deposit Options Comparison
Eightcap supports various deposit and withdrawal methods, including bank wire transfer, credit/debit cards (Visa/Mastercard), e-wallets (Skrill/Neteller), online banking (POLi/PayTrust), and cryptocurrencies (Bitcoin/Ethereum). The processing time for deposits is instant or up to one business day, while the processing time for withdrawals is up to two business days.
Land-FX supports various deposit and withdrawal methods, including bank wire transfer, credit/debit cards (Visa/Mastercard), e-wallets (Skrill/Neteller), online banking (Sofort/Giropay), prepaid cards (Paysafecard), and cryptocurrencies (Bitcoin/Ethereum). The processing time for deposits is instant or up to one business day, while the processing time for withdrawals is up to three business days.
Eightcap vs Land-FX Trading Platforms Comparison
Eightcap supports two trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both platforms are available on Windows, Mac, iOS, Android, and web browsers. Both platforms offer advanced charting tools, custom indicators, expert advisors (EAs), market news, economic calendar, trading signals, and TradingView integration.
Land-FX supports one trading platform: MetaTrader 4 (MT4). The platform is available on Windows, Mac, iOS, Android, and web browsers. The platform offers advanced charting tools, custom indicators, expert advisors (EAs), market news, economic calendar, trading signals, and copy trading.
Eightcap vs Land-FX Analytical Tools Comparison
Eightcap provides various analytical tools to help traders make informed decisions, such as daily market analysis, weekly webinars, trade zone, crypto crusher dashboard, capitalise.ai, and flash trader.
Land-FX provides various analytical tools to help traders make informed decisions, such as daily market analysis, weekly webinars, economic calendar, trading central, and autochartist.
Eightcap vs Land-FX. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker depends on your personal preferences, trading goals, and risk appetite. There is no definitive answer to which forex broker is better, as each one has its own advantages and disadvantages. However, you may consider some of the following factors:
- Regulation: Both Eightcap and Land-FX are regulated by reputable authorities in different jurisdictions. However, Land-FX has more regulatory licenses than Eightcap, which may offer more protection and security to its clients. If you are trading from a country where one of the regulators operates, you may prefer to choose the broker that is regulated by that authority.
- Trading Assets: Eightcap offers more CFD markets than Land-FX, especially in terms of shares. If you are interested in diversifying your portfolio and trading a variety of instruments, you may prefer to choose Eightcap. However, if you are mainly focused on forex and metals, Land-FX may offer more leverage and lower spreads than Eightcap.
- Trading Fees: Both Eightcap and Land-FX charge variable spreads and commissions depending on the account type and market conditions. However, Eightcap generally has lower spreads and commissions than Land-FX, especially for the ECN account. If you are a high-volume trader or a scalper, you may prefer to choose Eightcap to save on trading costs. However, if you are a low-volume trader or a long-term investor, the difference in fees may not be significant for you.
- Account Types: Both Eightcap and Land-FX offer two types of accounts: Standard and ECN. However, Land-FX also offers a Swap Free account for Islamic traders who want to avoid interest charges. If you are a Muslim trader or you want to trade without swaps, you may prefer to choose Land-FX. However, if you are not concerned about swaps, you may choose either broker based on your deposit size and leverage preference.
- Deposit and Withdrawal Options: Both Eightcap and Land-FX support various deposit and withdrawal methods, including bank wire transfer, credit/debit cards, e-wallets, online banking, and cryptocurrencies. However, Eightcap does not charge any withdrawal fees, while Land-FX may charge withdrawal fees depending on the payment method. If you want to avoid paying extra fees when withdrawing your funds, you may prefer to choose Eightcap. However, if you are not planning to withdraw frequently or the fees are negligible for you, you may choose either broker based on your preferred payment method.
- Trading Platforms: Both Eightcap and Land-FX support MetaTrader 4 (MT4), which is one of the most popular and user-friendly trading platforms in the industry. However, Eightcap also supports MetaTrader 5 (MT5), which is an upgraded version of MT4 with more features and functionalities. If you want to use the latest technology and access more markets and tools, you may prefer to choose Eightcap. However, if you are comfortable with MT4 or you want to use copy trading services, you may prefer to choose Land-FX.
- Analytical Tools: Both Eightcap and Land-FX provide various analytical tools to help traders make informed decisions, such as daily market analysis, weekly webinars, economic calendar, trading signals, and third-party services. However, the quality and quantity of these tools may vary depending on the broker and the platform. If you want to use more advanced tools such as capitalise.ai or autochartist, you may prefer to choose the broker that offers them. However, if you are satisfied with the basic tools or you have your own analysis methods, you may choose either broker based on your personal preference.
