Written by ForexBrokers.com
In this head to head comparison of Admirals 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.
Admirals, established in 2001, and Eightcap, founded in 2009, are both well-regarded online brokers, though neither is publicly traded or operates as a bank. Admirals stands out with a Trust Score of 93, reflecting its high level of reliability as per ForexBrokers.com's rating system. This broker holds four Tier-1 licenses, indicating strong trustworthiness, along with three Tier-2 licenses.
In comparison, Eightcap holds a Trust Score of 85, positioning it as a trusted broker. It maintains three Tier-1 licenses but does not have any Tier-2 licenses. While both brokers demonstrate credibility, Admirals' higher number of licenses and Trust Score suggest a stronger commitment to regulatory adherence.
| Feature |
Admirals
|
Eightcap
|
|---|---|---|
| Year Founded | 2001 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 3 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When it comes to assessing commissions and fees, Admirals impresses with its competitive pricing. The Trade account typically offers spreads of 0.8, consistently reflecting this value in its Zero account type. Admirals has been rated 4.5 out of 5 stars and holds the 17th position in the Commissions and Fees category according to ForexBrokers.com. This high rating demonstrates Admirals' appeal for traders seeking cost efficiency in their trading activities.
On the other side, Eightcap presents two account types with varied pricing across its global entities, including Australia and the Bahamas. For those opting for the Raw account, traders face an average spread of 0.06 pips, yet when coupled with a $3.50 commission per trade, the overall cost rises to about 0.76 pips. The Standard account offers spread-only pricing. Eightcap's commissions and fees are slightly above the industry's lowest-cost benchmarks, resulting in a 4-star rating and a 26th place ranking by ForexBrokers.com. This reflects Eightcap as a moderately affordable choice within the trading platform landscape.
| Feature |
Admirals
|
Eightcap
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | 0.8 | 1.0 |
| All-in Cost EUR/USD - Active | 0.8 | 0.76 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the investment offerings of Admirals and Eightcap, Admirals presents a more extensive selection. Admirals grants access to an impressive 8,702 tradeable symbols, significantly surpassing Eightcap's availability of 736 symbols. In terms of forex pairs, Admirals offers 82, while Eightcap provides 56, giving Admirals the edge for traders interested in currency markets. Notably, Admirals allows clients to buy exchange-traded securities on both U.S. and international exchanges, including well-known stocks like Apple and Vodafone. Conversely, Eightcap does not offer direct access to these securities, limiting their clients to CFDs in this area.
Both Admirals and Eightcap support forex trading through CFDs and offer the opportunity to engage in copy trading. When it comes to cryptocurrency, neither broker provides the purchase of actual digital coins, but both offer derivatives for those looking to speculate on price movements. Admirals shines in ratings, earning 4.5 stars out of five for their range of investments, ranking 19th out of 62 brokers. Eightcap, with a rating of 3.5 stars, stands at 40th place. This distinction highlights Admirals as a more attractive option for investors seeking a broader array of investment possibilities.
| Feature |
Admirals
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8702 | 736 |
| Forex Pairs (Total) | 82 | 56 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | 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 Admirals and Eightcap, both brokers provide traders with ample resources to enhance their trading experience. Admirals offers a proprietary platform developed in-house, setting it apart from Eightcap, which does not have its own proprietary platform. However, both brokers support Windows-based desktop and web-based trading platforms, ensuring accessibility and flexibility for users. Admirals and Eightcap both offer MetaTrader 4 and MetaTrader 5, popular among traders, and support copy trading, allowing traders to follow and replicate the trades of successful investors. Furthermore, each offers a free virtual demo account, making it easy for newcomers to practice and gain confidence before investing real money.
Admiral's platform stands out in terms of charting tools, boasting 106 drawing tools compared to Eightcap's 15. This allows for greater customization and more detailed chart analysis. Both brokers enable traders to execute trades directly from stock charts and offer 7 columns for watch lists, ensuring essential information is readily available. Admirals is rated 4 stars for its trading platforms and tools and ranks #20 out of 62 brokers according to ForexBrokers.com, slightly ahead of Eightcap, which also holds a 4-star rating but ranks #38. Whether you're a beginner or an experienced trader, both Admirals and Eightcap provide robust trading environments with tools designed to suit a variety of trading styles.
| Feature |
Admirals
|
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) | 30 | 30 |
| Charting - Drawing Tools (Total) | 106 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Admirals and Eightcap provide excellent options for mobile trading apps, catering to both iPhone and Android users. They each support essential trading features, such as the ability to set stock or forex price alerts and create customizable watchlists with real-time quotes. Their charting capabilities do not disappoint either, as both apps offer 30 technical studies and allow users to draw trendlines and switch between various time frames. Admirals and Eightcap ensure that your insights are preserved by automatically saving any drawings made on stock or forex charts.
When it comes to syncing your watchlist across platforms, Eightcap has a slight edge as it supports seamless synchronization between its mobile app and the online account, unlike Admirals. Despite this difference, both brokers score the same in user ratings with four stars for their mobile trading apps. According to ForexBrokers.com, Admirals secures a higher position, placing 28th compared to Eightcap's 38th out of 62 brokers evaluated in the Mobile Trading Apps category.
| Feature |
Admirals
|
Eightcap
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, both Admirals and Eightcap provide daily market commentary to keep traders informed. Admirals shines with its provision of forex news from top-tier sources such as Bloomberg and Reuters, while Eightcap lacks this feature. Admirals also gains an edge with its use of Trading Central tools for technical analysis, whereas Eightcap does not offer similar resources. Additionally, Admirals offers market insights from TipRanks and research tools from Acuity Trading, which are absent in Eightcap's offerings. Both brokers provide sentiment-based trading tools and comprehensive economic calendars to help traders stay updated on global news events.
Admirals is rated 4 out of 5 stars for its research capabilities, outperforming Eightcap, which garners a 3.5-star rating. When ranked among 62 brokers by ForexBrokers.com in the Research category, Admirals holds the 15th position, while Eightcap is positioned at 39. This clearly demonstrates Admirals' more extensive and diverse market research tools, making it a preferred choice for traders who rely heavily on detailed market insights.
| Feature |
Admirals
|
Eightcap
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both Admirals and Eightcap offer a range of tools and content to help newcomers navigate the world of forex and CFDs. Admirals provides a rich selection of educational materials, including over ten articles, videos, and archived webinars focused on forex and CFDs, ensuring that beginners have ample learning material at their fingertips. Eightcap matches this offering by also presenting more than ten educational pieces on these subjects. However, Admirals takes a step further by hosting online educational webinars monthly, a feature Eightcap currently does not provide. Both brokers maintain searchable archives of past webinars, allowing users to revisit previous sessions and learn at their own pace.
In terms of video content, Admirals shines with beginner-focused videos and further distinguishes itself by offering advanced educational videos for experienced traders, a segment Eightcap has yet to cover to the same extent. Both platforms include an investor dictionary with over 50 term definitions, aiding beginners in building a solid foundation of knowledge. Admirals receives a four-star rating for its educational efforts, ranking 12th out of 62 brokers in the Education category by ForexBrokers.com. Eightcap, with a 3.5-star rating, is ranked 40th in the same category. Overall, Admirals presents a broader and more diversified educational offering, especially appealing to those who plan to expand their expertise beyond beginner levels.
| Feature |
Admirals
|
Eightcap
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Admirals is better than Eightcap. Admirals finished with an overall rank of #18, while Eightcap finished with an overall rank of #38.
Traders choose Admirals for its excellent investor education and advanced MetaTrader features – such as the Supreme add-ons – alongside an extensive range of shares, forex and CFD markets, and premium research content.
| Feature |
Admirals
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Eightcap
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| Trust Score | 93 | 85 |
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Both Admirals and Eightcap provide the option to trade cryptocurrency derivatives, but neither offers the ability to purchase actual (delivered) cryptocurrency.
Admirals and Eightcap both support PayPal, Skrill, Visa/Mastercard, and bank wires for depositing and withdrawing account funds, but only Admirals offers ACH and SEPA transfers as an additional option.
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 | Admirals | Eightcap | |
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| Trust Score | 93 | 85 | |
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| Review | Admirals Review | Eightcap Review |
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| Regulation | Admirals | Eightcap | |
|---|---|---|---|
| Trust Score | 93 | 85 | |
| Year Founded | 2001 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 4 | 3 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Admirals | Eightcap | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | 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) | 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) | Admirals | Eightcap | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes | No |
| Investments | Admirals | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8702 | 736 | |
| Forex Pairs (Total) | 82 | 56 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | 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 | Admirals | Eightcap | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.8 | 1.0 | |
| All-in Cost EUR/USD - Active | 0.8 | 0.76 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Admirals | Eightcap | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Admirals | 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 | Admirals | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 106 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Admirals | Eightcap | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Admirals | Eightcap | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Admirals | Eightcap | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Admirals | Eightcap | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Admirals Review | Eightcap Review |
| Overall | Admirals | Eightcap | |
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| Trust Score | 93 | 85 | |
| Winner | check_circle | ||
| Review | Admirals Review | Eightcap Review |
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