Compare Vantage Markets vs Eightcap
What is Vantage Markets? What is Eightcap ?
Vantage Markets is a global, multi-asset CFD broker that offers trading on Forex, Indices, Commodities, ETFs and Stocks. It has been in the market for more than 10 years and provides traders with fast execution, competitive spreads, and powerful trading tools.
Eightcap is a regulated Forex and CFD broker that offers trading on over 800 CFD markets, including Forex, Indices, Commodities, Shares and Cryptocurrencies. It has a partnership with TradingView, a leading charting platform, and provides traders with daily trade ideas, professional trading insight, and code-free automation.
Vantage Markets vs Eightcap Regulation Comparison
Vantage Markets is regulated by the Vanuatu Financial Services Commission (VFSC) under registration number 700271. It also holds an Australian Financial Services Licence (AFSL) under its sister company Vantage Global Prime Pty Ltd (AFSL 428901).
Eightcap is regulated by the Australian Securities and Investments Commission (ASIC) under AFSL 391441. It also holds a licence from the Vanuatu Financial Services Commission (VFSC) under registration number 40377.
Vantage Markets vs Eightcap Trading Assets Comparison
Vantage Markets offers over 300 CFD instruments across five asset classes: Forex (40+ pairs), Commodities (metals, oil, softs), Indices (15+ global indices), Stocks (US, EU, AU shares), and ETFs.
Eightcap offers over 800 CFD instruments across six asset classes: Forex (40+ pairs), Commodities (metals, oil, softs), Indices (15+ global indices), Stocks (US, EU shares), Cryptocurrencies (10+ coins), and Bonds.
Vantage Markets vs Eightcap Trading Fees Comparison
Vantage Markets offers two types of accounts: Standard and RAW ECN. The Standard account has no commission but wider spreads, while the RAW ECN account has low commission ($3 per lot per side) but tighter spreads from 0.0 pips. Vantage Markets also charges swap fees for holding positions overnight and may charge an inactivity fee of $10 per month after six months of no trading activity.
Eightcap offers two types of accounts: Standard and Raw. The Standard account has no commission but wider spreads, while the Raw account has low commission ($3.5 per lot per side) but tighter spreads from 0.0 pips. Eightcap also charges swap fees for holding positions overnight and may charge an inactivity fee of $10 per month after three months of no trading activity.
Vantage Markets vs Eightcap Account Types Comparison
Account Type | Minimum Deposit | Maximum Leverage | Base Currencies |
---|---|---|---|
Vantage Markets Standard | $50 | 500:1 | AUD, USD, EUR, GBP, NZD |
Vantage Markets RAW ECN | $500 | 500:1 | AUD, USD, EUR, GBP, NZD |
Eightcap Standard | $100 | 500:1 | AUD, USD, EUR, GBP |
Eightcap Raw | $100 | 500:1 | AUD, USD, EUR, GBP |
Vantage Markets vs Eightcap Deposit Options Comparison
Vantage Markets supports various deposit and withdrawal methods, including bank wire transfer, credit/debit cards (Visa/Mastercard), e-wallets (Skrill/Neteller/Poli/Paytrust88/Fasapay/Broker to Broker), and cryptocurrencies (Bitcoin/Ethereum/Tether). There are no deposit fees but some withdrawal fees may apply depending on the method.
Eightcap supports various deposit and withdrawal methods, including bank wire transfer, credit/debit cards (Visa/Mastercard), e-wallets (Skrill/Neteller/Poli/Bpay/Fasapay/Broker to Broker), and cryptocurrencies (Bitcoin). There are no deposit or withdrawal fees but some third-party fees may apply depending on the method.
Vantage Markets vs Eightcap Trading Platforms Comparison
Vantage Markets offers the MetaTrader 4 and MetaTrader 5 platforms for desktop, web and mobile devices. The platforms are user-friendly and feature advanced charting tools, expert advisors, custom indicators, and market news. Vantage Markets also offers a social trading platform called Vantage Copy Trading, where traders can copy the trades of experienced traders.
Eightcap offers the MetaTrader 4 and MetaTrader 5 platforms for desktop, web and mobile devices. The platforms are user-friendly and feature advanced charting tools, expert advisors, custom indicators, and market news. Eightcap also offers a partnership with TradingView, where traders can trade directly from TradingView charts into their Eightcap account. Eightcap also offers a code-free automation tool called Capitalise.ai, where traders can create, test and automate trading strategies using everyday English.
Vantage Markets vs Eightcap Analytical Tools Comparison
Vantage Markets provides various analytical tools for traders, such as market analysis, educational materials, webinars, trading signals, economic calendar, and VPS service.
Eightcap provides various analytical tools for traders, such as market analysis, educational materials, webinars, trading signals, economic calendar, VPS service, and Crypto Crusher dashboard (a tool that provides trade ideas, entry/exit levels, and market sentiment for cryptocurrency trading).
Vantage Markets vs Eightcap . Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker depends on your personal preferences, trading style, goals and risk appetite. Different brokers may suit different traders better. Therefore, you can research and compare the features, benefits and disadvantages of each broker before making a decision. You can also try their demo account to test their platform and services without risking real money. Ultimately, you should choose the broker that best meets your needs and expectations.