Compare GrandCapital vs Eightcap
What is GrandCapital? What is Eightcap?
GrandCapital is a broker that provides high-quality services for online trading in financial markets to clients around the world since 2006. Trading in MetaTrader 4 and MetaTrader 5. Over 500 financial assets: currency pairs, CFDs on the stocks of global corporations, indices, metals.
Eightcap is a regulated forex and CFD broker that aims to provide traders with low spreads, fast execution, and access to over 800 CFD markets. Trading in MetaTrader 4 and MetaTrader 5. TradingView integration, daily trade ideas, professional trading insight, and code-free automation.
GrandCapital vs Eightcap Regulation Comparison
GrandCapital is regulated by the international commission Finacom. Category A broker. Compensation fund: up to €20,000 for each client. Eightcap is regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC). Client funds are held in segregated accounts with tier 1 banks.
GrandCapital vs Eightcap Trading Assets Comparison
GrandCapital offers a wide variety of financial instruments for online trading, such as forex, metals, indices, stocks, commodities, cryptocurrencies, binary options, and ETFs. Eightcap offers over 800 CFD markets, including forex, indices, commodities, shares, and cryptocurrencies.
GrandCapital vs Eightcap Trading Fees Comparison
GrandCapital has different trading fees depending on the account type and the instrument traded. The broker offers four types of accounts: Standard, Micro, ECN Prime, and Crypto. The Standard account has no commission but higher spreads starting from 1 pip. The Micro account has no commission but higher spreads starting from 0.6 pips. The ECN Prime account has low spreads starting from 0 pips but a commission of $5 per lot per side. The Crypto account has low spreads starting from 0 pips but a commission of 1% per lot per side. GrandCapital also charges swap fees for holding positions overnight and an inactivity fee of $50 per month after six months of no trading activity.
Eightcap has two types of accounts: Standard and Raw. The Standard account has no commission but higher spreads starting from 1 pip. The Raw account has low spreads starting from 0 pips but a commission of $3.5 per lot per side. Eightcap also charges swap fees for holding positions overnight and an inactivity fee of $10 per month after three months of no trading activity.
GrandCapital vs Eightcap Account Types Comparison
GrandCapital offers four types of accounts: Standard, Micro, ECN Prime, and Crypto. The minimum deposit for each account is $100, except for the Crypto account which requires $1000. The maximum leverage for each account is 1:2000, except for the Crypto account which has a leverage of 1:3. The minimum lot size for each account is 0.01, except for the Micro account which has a minimum lot size of 0.0001.
Eightcap offers two types of accounts: Standard and Raw. The minimum deposit for both accounts is $100. The maximum leverage for both accounts is 1:500 for forex and metals, and 1:200 for indices and commodities. The minimum lot size for both accounts is 0.01.
GrandCapital vs Eightcap Deposit Options Comparison
GrandCapital offers various deposit and withdrawal options for its clients, such as bank wire transfer, credit/debit cards, e-wallets (Skrill, Neteller, WebMoney, FasaPay), cryptocurrencies (Bitcoin, Ethereum), and local payment methods (Perfect Money, Payeer). The broker does not charge any fees for deposits or withdrawals, but some payment providers may charge their own fees or commissions. The processing time for deposits and withdrawals varies depending on the payment method used, ranging from instant to several business days.
Eightcap offers several deposit and withdrawal options for its clients, such as bank wire transfer, credit/debit cards (Visa, Mastercard), e-wallets (Skrill, Neteller), and local payment methods (POLi). The broker does not charge any fees for deposits or withdrawals made via credit/debit cards or e-wallets, but bank wire transfers may incur fees from the sending or receiving banks. The processing time for deposits and withdrawals varies depending on the payment method used, ranging from instant to several business days.
GrandCapital vs Eightcap Trading Platforms Comparison
GrandCapital supports two popular trading platforms: MetaTrader 4 and MetaTrader 5. Both platforms are available as desktop applications, web-based platforms, or mobile apps for iOS and Android devices. MetaTrader 4 and MetaTrader 5 offer advanced charting tools, technical indicators, expert advisors (EAs), custom scripts, market news, and signals. MetaTrader 5 also offers additional features such as depth of market (DOM), economic calendar, multi-asset trading (including stocks and futures), and hedging mode.
Eightcap also supports MetaTrader 4 and MetaTrader 5 as its trading platforms. Additionally, Eightcap offers TradingView integration, which allows traders to trade directly from TradingView charts into an account with Eightcap. TradingView is a social network and web-based platform for traders that offers advanced charting tools, technical analysis, trading strategies, indicators, market data, and signals.
GrandCapital vs Eightcap Analytical Tools Comparison
GrandCapital offers various analytical tools for its clients, such as market analysis, trading signals, investment portfolios, and rating of traders. The market analysis section provides daily and weekly reviews of the major financial events and trends that affect the markets. The trading signals section provides free and paid signals from professional traders and analysts that can be copied to the client’s account automatically. The investment portfolios section provides sets of assets that are expected to yield high profits based on different risk levels and investment goals. The rating of traders section provides a list of the most successful and consistent traders on the GrandCapital platform that can be followed or copied by other clients.
Eightcap also offers various analytical tools for its clients, such as trade ideas, economic calendar, webinars, and educational resources. The trade ideas section provides daily and weekly trade ideas from the broker’s experts, with clear entry/exit levels and market sentiment. The economic calendar section provides a custom AI big data engine that delivers historical market impact and sentiment to help generate trade ideas from 1000+ macro-economic events. The webinars section provides live events with guest analysts that cover the fundamentals of trading and market analysis. The educational resources section provides articles, videos, guides, and tutorials that cover various topics related to trading and financial markets.
GrandCapital vs Eightcap. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker is an important decision that can affect your trading experience and results. There is no definitive answer to which broker is better, as different brokers may suit different traders depending on their preferences, goals, and strategies. Both brokers have their own strengths and weaknesses, and the best broker for you may depend on your personal preferences and needs.
