Written by ForexBrokers.com
In this head to head comparison of eToro 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.
eToro vs Eightcap: eToro was founded in 2007 and is publicly traded, while Eightcap was founded in 2009 and is not publicly traded. Neither firm is a bank. According to ForexBrokers.com, eToro holds a Trust Score of 97/99, placing it in the “highly trusted” range (90–99), and Eightcap scores 87/99, which is considered “trusted” (80–89).
On regulation, eToro reports 4 Tier-1 licenses (highly trusted) and 1 Tier-2 license (trusted). Eightcap lists 3 Tier-1 licenses and 1 Tier-2 license. Both brokers are well regulated, with eToro showing slightly more top-tier coverage.
| Feature |
eToro
|
Eightcap
|
|---|---|---|
| Year Founded | 2007 | 2009 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 3 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When comparing commissions and fees, eToro and Eightcap take different approaches. eToro is a market-maker broker with a typical variable spread of 1 pip on EUR/USD, which is a bit higher than the industry average. It is not usually the first choice for low-cost trading, but many retail traders like it for its social copy trading tools and platform features. eToro’s commissions and fees rating is 4 stars, and it ranks #23 out of 36 brokers for this category.
Eightcap offers two pricing options, depending on the account type and region: a Raw account with commissions or a Standard account with spreads only. On its commission-based Raw account, Eightcap lists an average spread of 0.06 pips, and after adding the $3.50 per-side commission, the all-in cost is about 0.76 pips, which is just below the industry average of 0.8 pips. While it is not the cheapest broker in the market, it is slightly better priced than eToro overall. Eightcap is rated 4.5 stars for commissions and fees and is ranked #20 out of 36 brokers.
In short, eToro may appeal more to traders who value copy trading and easy-to-use features, while Eightcap is the better pick for traders who want tighter pricing on forex trades. If commissions and fees are your main focus, Eightcap has the edge, though both brokers sit around the middle of the pack rather than at the very lowest end of trading costs.
| Feature |
eToro
|
Eightcap
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $100 |
| Average spread (EUR/USD) - Standard account | 1 | 1.0 |
| All-in Cost EUR/USD - Active | 1 | 0.76 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
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When it comes to range of investments, eToro offers a wider choice than Eightcap. eToro has 7,441 tradeable symbols and 65 forex pairs, compared with Eightcap’s 803 symbols and 55 forex pairs. Both brokers support forex trading and cryptocurrency CFDs, but eToro goes further by also offering real, delivered cryptocurrency purchases, along with access to exchange-traded securities on both U.S. and international exchanges. That means you can buy shares like Apple or Vodafone directly with eToro, while Eightcap does not offer these non-CFD share purchases.
eToro also stands out for features that expand your investing options, such as copy trading, which Eightcap does not provide. These differences are reflected in third-party ratings too: eToro earns 5 out of 5 stars for Range of Investments and ranks #10 out of 36 brokers at ForexBrokers.com, while Eightcap scores 3.5 out of 5 stars and ranks #30. For investors looking for a broader mix of assets in one place, eToro is the more varied choice.
| Feature |
eToro
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7441 | 803 |
| Forex Pairs (Total) | 65 | 55 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | Yes | No |
| Cryptocurrency (CFDs) | 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 eToro and Eightcap for trading platforms and tools, both brokers give traders a free demo account and web-based platform, plus the ability to place trades directly from a chart. eToro stands out for its own in-house platform and copy trading feature, making it a good fit for beginners and social traders who want a simple, built-in experience. It is also rated 4.5 out of 5 for Trading Platforms and Tools and ranks #8 out of 36 brokers in ForexBrokers.com’s category list.
Eightcap takes a different approach by focusing on popular third-party software rather than a proprietary platform. It offers both desktop and web trading, along with MetaTrader 4 and MetaTrader 5, which may appeal to traders who prefer those well-known tools. Eightcap does not offer copy trading, and it is rated 4 out of 5 in this category, ranking #32 out of 36. Overall, eToro is better for ease of use and social trading, while Eightcap is stronger for traders who want MT4 and MT5 access.
| Feature |
eToro
|
Eightcap
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 106 | 100 |
| Charting - Trade From Chart | Yes | Yes |
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eToro and Eightcap both offer mobile trading apps for iPhone and Android, along with useful features like price alerts, watchlist syncing, and the ability to draw trendlines on charts. For everyday trading on the go, both apps cover the basics well and make it easy to keep track of markets from your phone. eToro gives traders access to 104 technical studies in its mobile charting tools, while Eightcap offers 100, so eToro has a slight edge in charting choice.
Where the two apps start to differ is in convenience and overall ratings. Eightcap automatically saves chart drawings, which can be helpful if you switch between sessions, while eToro does not. Still, eToro comes out ahead overall with a 4.5-star mobile app rating and a ForexBrokers.com ranking of #10 out of 36 brokers, compared with Eightcap’s 4-star rating and #32 ranking. If you want a slightly stronger mobile trading app experience, eToro has the advantage, though Eightcap still offers a solid app for mobile trading.
| Feature |
eToro
|
Eightcap
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 104 | 100 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
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When it comes to market research, eToro and Eightcap both give traders daily market commentary, a sentiment tool that shows long and short positioning, and an economic calendar for tracking upcoming global events. Each also covers the basics well enough for traders who want a simple way to follow the markets day to day. However, eToro stands out by offering forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones, plus TipRanks market research, which gives it a broader mix of insights overall.
Eightcap, on the other hand, does not offer top-tier forex news or TipRanks, but it does provide Acuity Trading tools such as Signal Centre, which eToro does not. Neither broker includes Autochartist or Trading Central research tools. Overall, eToro is rated higher for research at 4.5 out of 5 stars and ranks #12 out of 36 brokers on ForexBrokers.com, while Eightcap is rated 3.5 stars and ranks #34, making eToro the stronger choice for market research.
| Feature |
eToro
|
Eightcap
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | Yes | No |
| Acuity Trading | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking for trading education, eToro has the clear edge over Eightcap. eToro offers forex and CFD learning materials, monthly educational client webinars, at least 10 beginner videos, and at least 10 advanced videos for more experienced traders. It is rated 4.5 out of 5 stars for Education and ranks #3 out of 36 brokers at ForexBrokers.com, which points to a wide range of learning support for new and growing traders.
Eightcap also gives beginners access to at least 10 starter videos, but it falls behind eToro in several key areas. Based on the information provided, Eightcap does not offer monthly educational client webinars, does not provide at least 10 advanced educational videos, and is rated 3.5 out of 5 stars for Education, ranking #31 out of 36 brokers. If you want more guided learning and a bigger mix of educational content, eToro is the stronger choice.
| Feature |
eToro
|
Eightcap
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that eToro is better than Eightcap. eToro finished with an overall rank of #9, while Eightcap finished with an overall rank of #30.
eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.
| Feature |
eToro
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Eightcap
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| Trust Score | 97 | 87 |
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In the eToro vs Eightcap comparison, eToro lets you buy actual (delivered) cryptocurrencies and trade cryptocurrency CFDs, whereas Eightcap supports only cryptocurrency CFDs and does not offer direct crypto ownership.
eToro vs Eightcap: eToro supports ACH and SEPA transfers while Eightcap does not, both brokers offer PayPal, Skrill, and bank wire deposits and withdrawals, and Visa/Mastercard availability is not specified for either.
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 | eToro | Eightcap | |
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| Trust Score | 97 | 87 | |
| Winner | check_circle | ||
| Review | eToro Review | Eightcap Review |
| Broker Screenshots | eToro | Eightcap | |
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| Regulation | eToro | Eightcap | |
|---|---|---|---|
| Trust Score | 97 | 87 | |
| Year Founded | 2007 | 2009 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 3 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | eToro | Eightcap | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | 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) | eToro | Eightcap | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | eToro | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7441 | 803 | |
| Forex Pairs (Total) | 65 | 55 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | Yes | No | |
| Cryptocurrency (CFDs) | 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 | eToro | Eightcap | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1 | 1.0 | |
| All-in Cost EUR/USD - Active | 1 | 0.76 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | eToro | Eightcap | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | eToro | Eightcap | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | eToro | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 106 | 100 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | Eightcap | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 104 | 100 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | No | Yes |
| Research | eToro | Eightcap | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central | No | No | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | eToro | Eightcap | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | eToro | Eightcap | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | eToro Review | Eightcap Review |
| Overall | eToro | Eightcap | |
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| Trust Score | 97 | 87 | |
| Winner | check_circle | ||
| Review | eToro Review | Eightcap Review |
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