Compare SuperForex vs Eightcap
What is SuperForex? What is Eightcap?
SuperForex is a global ECN broker that offers online currency trading, CFD, stocks, commodities, futures and precious metals via MT4 trading platform. SuperForex claims to provide 100% funds security, 1:2000 leverage, 0% commission and 1$ minimum deposit.
Eightcap is a regulated Forex and CFD broker that offers online trading on over 800 markets with TradingView integration, daily trade ideas, professional trading insight, and code-free automation. Eightcap claims to provide tight spreads, fast order execution, trusted trading platforms, AI-powered economic calendar and interactive live events.
SuperForex vs Eightcap Regulation Comparison
SuperForex is registered by the International Financial Services Commission (IFSC) of Belize with license number IFSC/60/292/TS/15. SuperForex also has a representative office in Malaysia that is registered by the Labuan Financial Services Authority (LFSA) with license number MB/20/0054.
Eightcap is regulated by the Australian Securities and Investments Commission (ASIC) with license number 391441. Eightcap also has a subsidiary company in Vanuatu that is regulated by the Vanuatu Financial Services Commission (VFSC) with license number 40377.
SuperForex vs Eightcap Trading Assets Comparison
SuperForex offers over 400 trading instruments across various asset classes, such as currencies, cryptocurrencies, indices, metals, energies, stocks and futures. SuperForex also provides local currency accounts in more than 20 currencies to meet the needs of customers from all over the world.
Eightcap offers over 200 trading instruments across five asset classes, such as forex, indices, commodities, shares and cryptocurrencies. Eightcap also provides access to the Crypto Crusher dashboard, which gives trade ideas, clear entry/exit levels and market sentiment for crypto CFDs.
SuperForex vs Eightcap Trading Fees Comparison
SuperForex charges fixed or floating spreads depending on the account type. The standard account has fixed spreads starting from 2 pips for major currency pairs. The ECN account has floating spreads starting from 0 pips for major currency pairs. SuperForex also charges commissions for some account types, such as $10 per lot for the ECN account and $20 per lot for the Profi-STP account. SuperForex does not charge any deposit or withdrawal fees.
Eightcap charges variable spreads depending on the account type and market conditions. The standard account has variable spreads starting from 1 pip for major currency pairs. The raw account has variable spreads starting from 0 pips for major currency pairs. Eightcap also charges commissions for the raw account, such as $3.5 per lot per side for forex and metals and $0.02 per share for shares CFDs. Eightcap does not charge any deposit fees but may charge withdrawal fees depending on the payment method.
SuperForex vs Eightcap Account Types Comparison
SuperForex offers six types of accounts: standard, swap-free (Islamic), no spread, micro cent, ECN and Profi-STP. The minimum deposit for most accounts is $1 except for the ECN account ($100) and the Profi-STP account ($5000). The maximum leverage for most accounts is 1:1000 except for the ECN account (1:500) and the Profi-STP account (1:3000). All SuperForex bonuses are compatible with most accounts except for the no spread account.
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. Eightcap does not offer any bonuses or promotions.
SuperForex vs Eightcap Deposit Options Comparison
SuperForex supports various deposit and withdrawal options, such as bank wire transfer, credit/debit cards, e-wallets (Skrill, Neteller, PayCo etc.), cryptocurrencies (Bitcoin, Ethereum etc.) and local payment methods (Perfect Money, FasaPay etc.). The processing time and minimum/maximum amounts may vary depending on the payment method.
Eightcap supports fewer deposit and withdrawal options, such as bank wire transfer, credit/debit cards, e-wallets (Skrill, Neteller, Poli etc.) and cryptocurrencies (Bitcoin, Tether etc.). The processing time and minimum/maximum amounts may also vary depending on the payment method.
SuperForex vs Eightcap Trading Platforms Comparison
SuperForex offers the MetaTrader 4 (MT4) trading platform as a desktop application, web browser version and mobile app. MT4 is a popular and user-friendly platform that supports advanced charting, expert advisors, custom indicators and signals. SuperForex also provides some additional tools, such as economic calendar, trading signals, analytics and education.
Eightcap offers both the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) trading platforms as desktop applications, web browser versions and mobile apps. MT4 and MT5 are powerful and reliable platforms that support advanced charting, expert advisors, custom indicators and signals. Eightcap also provides some innovative tools, such as TradingView integration, Capitalise.ai automation, FlashTrader trade ticket and Eightcap Labs education.
SuperForex vs Eightcap Analytical Tools Comparison
SuperForex provides various analytical tools to help traders make informed decisions, such as:
- Economic calendar: A tool that shows the upcoming macroeconomic events and their expected impact on the markets.
- Trading signals: A service that provides buy/sell recommendations based on technical analysis for different trading instruments.
- Analytics: A section that contains market reviews, forecasts, technical analysis and trading ideas from SuperForex experts.
- Education: A section that contains articles, videos, webinars and seminars on various topics related to forex trading.
Eightcap provides various analytical tools to help traders trade smarter, such as:
- TradingView integration: A feature that allows traders to trade directly from TradingView charts into an account with Eightcap. TradingView is a social network for traders that offers premium charting packages, trading strategies, indicators and signals.
- Capitalise.ai automation: A feature that allows traders to create, test and automate trading strategies using everyday English without coding.
- FlashTrader trade ticket: A feature that allows traders to target multiple profits, calculate position size and place stops and limits in a flash with just one click.
- Crypto Crusher dashboard: A feature that gives exclusive access to trade ideas, clear entry/exit levels and market sentiment for crypto CFDs.
- AI-powered economic calendar: A tool that delivers historical market impact and sentiment to help traders generate daily trade ideas from 1000+ macroeconomic events.
- Trade Zone: A section that provides weekly trade ideas from Eightcap experts with weekly market forecasts and mid-week commentary webinars.
- Eightcap Labs: A section that contains interactive live events with guest analysts and educational resources on various topics related to trading.
SuperForex vs Eightcap. Which forex broker is better? Which forex broker should you choose?
Choosing the right broker depends on your personal preferences, trading goals, risk appetite and budget. Both SuperForex and Eightcap have their own advantages and disadvantages, so you should do your own research and compare them based on the criteria that are important to you. You can also try out their demo account to test their platform and services before making a decision. Ultimately, you should choose the broker that best suits your trading style and needs.
