Written by ForexBrokers.com
In this head to head comparison of Markets.com vs Eightcap, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
When comparing online brokers Markets.com and Eightcap, both platforms demonstrate a strong commitment to regulatory standards, though Markets.com edges ahead with a higher Trust Score of 93 compared to Eightcap's 85. Markets.com and Eightcap were founded in 1999 and 2009, respectively, and neither is publicly traded nor operates as a bank. Both brokers hold three Tier-1 licenses, which are highly trusted credentials according to ForexBrokers.com, indicating a significant level of credibility.
Despite similarities in top-tier licensing, Markets.com further distinguishes itself with an additional Tier-2 license, enhancing its regulatory trustworthiness. Eightcap, on the other hand, holds no Tier-2 licenses but still maintains a commendable Trust Score. This comparison highlights Markets.com's slight advantage in regulatory trust and long-standing presence in the industry over Eightcap, making it a potentially more reassuring choice for risk-conscious investors.
| Feature |
Markets.com
|
Eightcap
|
|---|---|---|
| Year Founded | 1999 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 3 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the commissions and fees of online brokers, Markets.com and Eightcap offer distinct offerings and standing within the industry. Markets.com, lacking specific average spread data, earns a rating of 3.5 stars out of five in this category. According to ForexBrokers.com, it ranks at #50 out of 63 brokers for commissions and fees. This indicates that Markets.com might not be the most cost-effective option available, but it remains a popular choice for many traders.
In contrast, Eightcap presents two flexible account types that cater to different trading preferences across its global entities, including licenses in Australia, the Bahamas, the U.K., and Cyprus. The commission-based Raw account boasts an average spread of 0.06 pips, which, once combined with the per-side commission of $3.50 per trade, results in an all-in cost of roughly 0.76 pips. This slightly undercuts the industry average and provides traders a competitive rate. With its spread-only Standard account also available, Eightcap caters to both commission-hungry and typically spread-conscious traders. Its effective pricing strategy earns Eightcap a 4-star rating.
Overall, Eightcap ranks higher than Markets.com at #26 according to ForexBrokers.com, highlighting its appeal to cost-sensitive traders. While Eightcap is slightly more expensive than the very lowest-cost forex brokers, its pricing structure offers good value through competitive spreads and reasonable commission rates, making it a compelling alternative to Markets.com.
| Feature |
Markets.com
|
Eightcap
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | N/A | 1.0 |
| All-in Cost EUR/USD - Active | N/A | 0.76 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
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When comparing the range of investments available on Markets.com and Eightcap, both platforms allow for forex trading as a CFD or spot contract. Markets.com stands out with an impressive offering of 2,179 tradeable symbols, overshadowing Eightcap's 800 symbols. For those interested in forex pairs, Markets.com provides a slight edge with 57 pairs available, just one more than Eightcap's 56 pairs. Unfortunately, neither platform offers the option to purchase exchange-traded securities on U.S. or international exchanges, such as Apple or Vodafone shares. However, both Markets.com and Eightcap support trading in cryptocurrency derivatives, although they don't allow the purchase of actual cryptocurrencies.
For traders interested in leveraging the experience of others, both platforms support copy trading. Nevertheless, Markets.com has a higher overall rating for its range of investments, with four stars compared to Eightcap’s 3.5-star rating. This advantage is mirrored in their rankings by ForexBrokers.com, where Markets.com is ranked #29 out of 63 brokers for investment range, while Eightcap is positioned somewhat lower at #40.
| Feature |
Markets.com
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2179 | 800 |
| Forex Pairs (Total) | 57 | 56 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing the trading platforms and tools offered by Markets.com and Eightcap, both brokers provide users with a comprehensive experience. Markets.com distinguishes itself with a proprietary platform developed in-house and offers a variety of accessible platforms, including a Windows-based desktop download and a web-based trading platform. Traders can start with a free virtual demo account to hone their strategies. Though both brokers offer popular platforms like MetaTrader 4 and 5, Markets.com includes copy trading capabilities without supporting DupliTrade or ZuluTrade. While Markets.com falls short in offering trading directly from a stock chart, its charting experience includes four drawing tools and a six-column watch list setup. For those who prioritize platform uniqueness and a proprietary trading environment, Markets.com is a noteworthy option and is ranked 27th in the Trading Platforms and Tools category by ForexBrokers.com compared to Eightcap's 38th ranking.
Eightcap also ensures a robust trading environment with support for both MetaTrader 4 and MetaTrader 5, alongside a Windows-based desktop and web-based platforms, complemented by a virtual demo account. The broker empowers traders with copy trading functionalities and stands out in its charting capabilities. Eightcap offers 15 drawing tools and allows for trading directly from stock charts, enhancing the efficiency of the trading process. Additionally, with a seven-column watch list, users can customize their trading view to suit their needs better. While Eightcap does not have a proprietary platform, it offers a competitive mix of features for tech-savvy traders who appreciate technical flexibility and vast charting options, earning it a solid four-star rating for Trading Platforms and Tools.
| Feature |
Markets.com
|
Eightcap
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 89 | 30 |
| Charting - Drawing Tools (Total) | 4 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Markets.com and Eightcap provide mobile trading apps compatible with iPhone and Android devices, facilitating seamless trading on the go. Both apps come equipped with stock and forex price alerts, as well as the ability to sync watchlists with a client’s online account, ensuring any changes made are updated across devices. Furthermore, both brokers enable traders to draw trendlines on charts directly from the mobile app. However, Eightcap edges ahead in charting features with 30 technical studies and the ability to view multiple time frames, such as daily, weekly, or intraday. In contrast, Markets.com offers default charting on MT4 but lacks these customizable time frames.
Watchlist functionality is strong for both Markets.com and Eightcap, with real-time quotes included. However, when it comes to auto-saving chart drawings, Eightcap has the advantage. Despite these differences, both platforms earn a solid 4-star rating for their mobile trading apps. When compared to other brokers, Markets.com is ranked higher at #33, slightly ahead of Eightcap at #38 in ForexBrokers.com's Mobile Trading Apps category. Overall, each app caters to traders with diverse needs, but Eightcap provides a bit more depth in technical charting capabilities.
| Feature |
Markets.com
|
Eightcap
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | No | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Markets.com to Eightcap for their market research capabilities, both brokers offer daily market commentary and provide an economic calendar with upcoming global news events, which can aid traders in keeping up-to-date with market fluctuations. Markets.com stands out with its provision of forex news from top-tier sources like Bloomberg and Reuters, a feature that Eightcap lacks. In terms of tools, both brokers do not offer technical analysis or fundamental research tools from well-known providers like Autochartist, Trading Central, or Acuity Trading.
Additionally, both Markets.com and Eightcap provide sentiment-based trading tools that show a ratio of long or short positions across various instruments, which can be helpful for strategic decision-making. In terms of overall research rating, Markets.com is slightly ahead with a score of 4 stars compared to Eightcap’s 3.5 stars. As ranked by ForexBrokers.com, Markets.com is positioned at #17, showing a stronger research offering than Eightcap, which is ranked at #39 among 63 brokers. This information might guide traders in making an informed choice based on their preferences for market insights and news.'
| Feature |
Markets.com
|
Eightcap
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners at Markets.com and Eightcap, a few key differences emerge. Markets.com provides monthly online webinars which could be useful for those who prefer live, interactive learning, but they lack a searchable archive of these sessions. Conversely, Eightcap shines with a wide array of more than 10 educational pieces dedicated to forex or CFDs, a useful resource for those starting out. However, Eightcap does not offer monthly webinars, which might be a downside for learners who benefit from regular, scheduled live sessions.
Both platforms cater to beginners by offering a collection of beginner-friendly educational videos, facilitating a solid start for novices. However, Markets.com takes it up a notch with over 10 videos designed for advanced traders, while Eightcap lacks this advanced content. Additionally, Eightcap provides an investor dictionary with more than 50 investing terms, a handy tool for building foundational knowledge, which is absent at Markets.com. Reflecting on these offerings, Markets.com earns a slightly higher education rating of 4 stars over Eightcap’s 3.5 stars, and ranks better in the education category among brokerages.
| Feature |
Markets.com
|
Eightcap
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Markets.com is better than Eightcap. Markets.com finished with an overall rank of #23, while Eightcap finished with an overall rank of #38.
Thanks to its web-based MarketsX platform, Markets.com is easy to use and new trader friendly. However, Markets.com is pricey and lacks the feature-rich trading tools required to compete with the best trading platforms.
| Feature |
Markets.com
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Eightcap
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| Overall Rating |
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| Trust Score | 93 | 85 |
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Both Markets.com and Eightcap provide the option to trade cryptocurrency derivatives, but neither allows for the purchase of actual, delivered cryptocurrencies.
Both Markets.com and Eightcap provide the option to deposit or withdraw funds using Skrill, Visa, Mastercard, and bank wires, but only Eightcap supports PayPal transactions, while neither offers ACH or SEPA transfers.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Markets.com | Eightcap | |
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| Trust Score | 93 | 85 | |
| Winner | check_circle | ||
| Review | Eightcap Review |
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| Regulation | Markets.com | Eightcap | |
|---|---|---|---|
| Trust Score | 93 | 85 | |
| Year Founded | 1999 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 3 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Markets.com | Eightcap | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Markets.com | Eightcap | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Markets.com | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2179 | 800 | |
| Forex Pairs (Total) | 57 | 56 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Markets.com | Eightcap | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.0 | |
| All-in Cost EUR/USD - Active | N/A | 0.76 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Markets.com | Eightcap | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Markets.com | Eightcap | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Markets.com | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 89 | 30 | |
| Charting - Drawing Tools (Total) | 4 | 15 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Markets.com | Eightcap | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | No | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | Markets.com | Eightcap | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Markets.com | Eightcap | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | Markets.com | Eightcap | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | No | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Eightcap Review |
| Overall | Markets.com | Eightcap | |
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| Trust Score | 93 | 85 | |
| Winner | check_circle | ||
| Review | Eightcap Review |
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