Compare InstaForex vs Eightcap
What is InstaForex? What is Eightcap ?
InstaForex is a forex broker that was established in 2007 and is regulated by the FSC. It offers 300+ trading instruments, including 110 currency pairs, on the MT4 and MT5 platforms. It also provides various bonuses, contests, and analytical tools for its clients.
Eightcap is a forex broker that was established in 2009 and is regulated by the FCA, CySec, ASIC, and SCB. It offers 2,500+ trading instruments, including 40 currency pairs, on the MT4, MT5, and WebTrader platforms. It also provides low spreads, fast execution, and 24/7 customer support.
InstaForex vs Eightcap Regulation Comparison
Both brokers are regulated by reputable authorities, but Eightcap has more licenses than InstaForex. Eightcap is regulated by the FCA in the UK, CySec in Cyprus, ASIC in Australia, and SCB in the Bahamas. InstaForex is regulated by the FSC in Mauritius. Both brokers offer client protection, such as segregated accounts and negative balance protection.
InstaForex vs Eightcap Trading Assets Comparison
InstaForex offers more trading assets than Eightcap, especially in terms of currency pairs. InstaForex has 300+ trading instruments, including 110 currency pairs, metals, CFDs on stocks, indices, commodities, cryptocurrencies, and futures. Eightcap has 2,500+ trading instruments, including 40 currency pairs, metals, CFDs on stocks, indices, commodities, cryptocurrencies, bonds, and ETFs.
InstaForex vs Eightcap Trading Fees Comparison
Eightcap has lower trading fees than InstaForex, especially in terms of spreads. Eightcap offers zero spreads on its Standard account and charges no commission. InstaForex offers 3 pips spreads on its Standard account and charges no commission. Both brokers charge no fees for deposits or withdrawals.
InstaForex vs Eightcap Account Types Comparison
Both brokers offer various account types to suit different trading styles and preferences. InstaForex has four account types: Standard, Eurica, ECN, and PAMM. Eightcap has two account types: Standard and Raw. The main differences between the account types are the minimum deposit, the spread, the commission, and the leverage.
InstaForex vs Eightcap Deposit Options Comparison
Both brokers offer a range of deposit and withdrawal options for their clients. InstaForex accepts bank transfer, Visa, MasterCard, Skrill, Neteller, E-Wallets and more.
Eightcap accepts BTC, Tether, PayPal, Debit Card, Credit Card, Skrill, Neteller, POLi Payment, BPAY, Bank Wire Transfer, China UnionPay (uPOP), XPAY Internet Banking and XPAY QR Code. Both brokers process deposits instantly and withdrawals within 24 hours.
InstaForex vs Eightcap Trading Platforms Comparison
Both brokers offer the popular MT4 and MT5 platforms for their clients. These platforms are user-friendly, customizable, and support various trading tools and indicators. In addition, Eightcap also offers a WebTrader platform that can be accessed from any browser without downloading any software.
InstaForex vs Eightcap Analytical Tools Comparison
Both brokers provide various analytical tools for their clients to enhance their trading performance. InstaForex offers ForexCopy, PAMM system, forex news, economic calendar, market analysis, trading signals, and educational materials. Eightcap offers Autochartist, Trading Central, market news, economic calendar, trading guides, and webinars.
InstaForex vs Eightcap . Which forex broker is better? Which forex broker should you choose?
Choosing any forex broker depends on your personal trading goals, preferences and risk appetite. You should consider the pros and cons of each broker and compare them based on criteria that are important to you, such as regulation, fees, assets, platforms, instruments, etc. You can also try their demo account or read reviews from other traders to get a better idea of their service and performance. Ultimately, the best forex broker for you is the one that meets your needs and expectations.
