Written by ForexBrokers.com
In this head to head comparison of Plus500 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.
Plus500 (founded 2008) and Eightcap (founded 2009) are online brokers with different trust profiles. Plus500 is publicly traded, while Eightcap is privately held; neither is a bank. According to ForexBrokers.com’s Trust Score, Plus500 scores 99 (highly trusted) and Eightcap scores 87 (trusted). For context: 90–99 = highly trusted, 80–89 = trusted, 70–79 = average risk, 60–69 = high risk, and below 59 should not be trusted.
Regulation is another key difference. Plus500 holds 7 Tier-1 licenses (highly trusted) and 4 Tier-2 licenses (trusted). Eightcap holds 3 Tier-1 licenses and 1 Tier-2 license. In short, Plus500 offers a wider range of top-tier regulatory approvals alongside the maximum Trust Score, while Eightcap maintains a trusted rating with fewer licenses.
| Feature |
Plus500
|
Eightcap
|
|---|---|---|
| Year Founded | 2008 | 2009 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 3 |
| Tier-2 Licenses | 4 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
When comparing Plus500 and Eightcap on commissions and fees, Eightcap comes out a little cheaper for many traders, especially if you choose its Raw account. Plus500’s pricing sits slightly above the industry average, with EUR/USD spreads averaging 1.5 pips in April 2024, which is higher than most low-cost forex brokers. It does not offer retail trading discounts, though eligible Professional clients may receive cash rebates. Plus500 is rated 4.0 out of 5 stars and ranks #25 out of 36 brokers for commissions and fees.
Eightcap offers two pricing models: a commission-free Standard account and a commission-based Raw account. On the Raw account, the average spread is 0.06 pips, and after the $3.50 per-side commission is added, the total cost comes to about 0.76 pips, which is just below the industry average of 0.8 pips. That makes Eightcap a slightly better fit for cost-conscious traders, although it is still not among the very cheapest brokers overall. Eightcap is rated 4.5 out of 5 stars and ranks #20 out of 36 brokers for commissions and fees.
In simple terms, both brokers are reasonably priced, but Eightcap has the edge if low trading costs are your main goal. Plus500 may appeal to traders who want straightforward pricing, while Eightcap gives more choice through its account options.
| Feature |
Plus500
|
Eightcap
|
|---|---|---|
| Minimum Deposit | €50 | $100 |
| Average spread (EUR/USD) - Standard account | 1.3 | 1.0 |
| All-in Cost EUR/USD - Active | 1.3 | 0.76 |
| Non-wire bank transfer | No | 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, Plus500 offers a wider selection than Eightcap. Plus500 provides access to 5,500 tradeable symbols and 65 forex pairs, while Eightcap offers 803 symbols and 55 forex pairs. Both brokers let you trade forex as CFDs or spot contracts, and both offer cryptocurrency CFDs, but neither supports copy trading or the purchase of actual, delivered crypto.
Plus500 also stands out for investors who want access to real shares, since it offers exchange traded securities on both U.S. and international exchanges. Eightcap does not offer these types of exchange traded securities. In independent ratings for range of investments, Plus500 scores 4.5 out of 5 stars and ranks #16 out of 36 brokers, while Eightcap scores 3.5 out of 5 stars and ranks #30 out of 36.
| Feature |
Plus500
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 803 |
| Forex Pairs (Total) | 65 | 55 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | No |
| Cryptocurrency (Underlying) | No | 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. | 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 Plus500 and Eightcap for trading platforms and tools, both brokers give beginners a simple way to get started with free demo accounts and browser-based trading. Plus500 stands out for its own in-house platform, which is built for easy use and works well if you want a straightforward trading experience without downloading software. It also earns a slightly higher score in this category, with 4.5 out of 5 stars and a ForexBrokers.com ranking of #14 out of 36.
Eightcap, on the other hand, offers more platform choice for active traders. It supports both MetaTrader 4 and MetaTrader 5, includes a Windows desktop app, and lets you trade directly from charts, which can be helpful for faster order entry. While it does not offer copy trading, its platform tools are still well regarded, with a 4 out of 5-star rating and a #32 ranking in the same category. In short, Plus500 is better for simple, web-first trading, while Eightcap may suit traders who want MetaTrader and desktop access.
| Feature |
Plus500
|
Eightcap
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | No |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 115 | 100 |
| Charting - Trade From Chart | No | Yes |
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Plus500 and Eightcap both make it easy to trade on the go, since each broker offers iPhone and Android apps, plus stock or forex price alerts and watchlist syncing between the mobile app and online account. Both apps also let users draw trendlines on charts, which is helpful for basic technical analysis. For everyday mobile trading, this means either broker gives you the core tools you’d expect in a simple, user-friendly app.
That said, Plus500 has the edge for charting and overall mobile app quality. Its app includes 115 technical studies compared with Eightcap’s 100, and it is rated 4.5 out of 5 stars versus Eightcap’s 4 stars. Plus500 also places higher in ForexBrokers.com’s mobile trading apps ranking, coming in at No. 14 out of 36 brokers, while Eightcap ranks No. 32. One area where Eightcap does better is that it auto-saves chart drawings, while Plus500 does not.
| Feature |
Plus500
|
Eightcap
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 115 | 100 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | No | Yes |
Dive deeper: Best Forex Trading Apps.
Plus500 and Eightcap both give traders useful market research features, including daily market commentary, a sentiment tool that shows long and short positioning, and an economic calendar for tracking upcoming global events. Neither broker provides forex news from major outlets like Bloomberg, Reuters, or Dow Jones, and neither offers research from Autochartist or TipRanks.
Where Plus500 stands out is its access to Trading Central, which adds extra technical analysis help that Eightcap does not offer. Eightcap, however, includes research tools from Acuity Trading, such as Signal Centre, which Plus500 lacks. Overall, Plus500 is rated higher for research at 4.5 out of 5 stars and ranks #16 out of 36 brokers, while Eightcap scores 3.5 stars and ranks #34, making Plus500 the stronger choice for market research.
| Feature |
Plus500
|
Eightcap
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | No | No |
| Trading Central | Yes | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking for learning tools, Plus500 has the edge over Eightcap. Plus500 offers forex and CFDs education with enough content to meet the 10-piece mark, plus online educational client webinars at least once a month, and it also provides at least 10 beginner videos and 10 advanced videos. Eightcap also offers at least 10 beginner videos and forex or CFDs education content, but it does not provide monthly educational webinars and does not match Plus500 on advanced video coverage.
That difference shows up in the ratings as well. Plus500 is rated 4.5 out of 5 for Education and ranks #26 out of 36 brokers, while Eightcap is rated 3.5 out of 5 and ranks #31. For new traders who want more ways to learn, especially through webinars and a wider mix of video lessons, Plus500 is the stronger choice.
| Feature |
Plus500
|
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 Plus500 is better than Eightcap. Plus500 finished with an overall rank of #14, while Eightcap finished with an overall rank of #30.
Plus500 is a trusted global brand that offers an easy-to-use trading platform for online traders, alongside access to a thorough selection of CFDs. Share trading is available, but only via its Plus500 Invest product offering.
| Feature |
Plus500
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Eightcap
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|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 87 |
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In the Plus500 vs Eightcap comparison, neither broker offers actual (delivered) cryptocurrency purchases, but both provide trading in cryptocurrency CFDs.
Both Plus500 and Eightcap support PayPal, Skrill, and bank wire deposits/withdrawals, do not offer ACH or SEPA transfers, and do not specify the availability of Visa or Mastercard funding options.
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 | Plus500 | Eightcap | |
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| Trust Score | 99 | 87 | |
| Winner | check_circle | ||
| Review | Plus500 Review | Eightcap Review |
| Broker Screenshots | Plus500 | Eightcap | |
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| Regulation | Plus500 | Eightcap | |
|---|---|---|---|
| Trust Score | 99 | 87 | |
| Year Founded | 2008 | 2009 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 7 | 3 | |
| Tier-2 Licenses | 4 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | Plus500 | Eightcap | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (FSA Authorised) | Yes | 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) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Plus500 | Eightcap | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | Yes | |
| India (SEBI Authorised) | Yes | No | |
| Jordan (JSC Authorised) |
| Investments | Plus500 | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 803 | |
| Forex Pairs (Total) | 65 | 55 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | No | |
| Cryptocurrency (Underlying) | No | 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. | 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 | Plus500 | Eightcap | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.3 | 1.0 | |
| All-in Cost EUR/USD - Active | 1.3 | 0.76 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Plus500 | Eightcap | |
|---|---|---|---|
| Minimum Deposit | €50 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Plus500 | Eightcap | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | No | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | Plus500 | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 115 | 100 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Plus500 | 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 | 115 | 100 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Plus500 | Eightcap | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | No | No | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Plus500 | Eightcap | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Plus500 | Eightcap | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Plus500 Review | Eightcap Review |
| Overall | Plus500 | Eightcap | |
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| Trust Score | 99 | 87 | |
| Winner | check_circle | ||
| Review | Plus500 Review | Eightcap Review |
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