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.
Admirals and Eightcap both cater to traders with useful features in their trading platforms. They each offer simulated trading through virtual demo accounts, accessible via their various platform options. Admirals sets itself apart with its proprietary platform, which is developed in-house. Both brokers support Windows-based desktop platforms and provide web-based platforms that are easy to use and practical for traders who prefer browser access. Admirals and Eightcap offer popular tools like MetaTrader 4 (MT4) and MetaTrader 5 (MT5) and support copy trading, though neither supports DupliTrade or ZuluTrade. Admirals leads in charting tools with 106 drawing options compared to Eightcap's 15, giving users more ways to analyze markets directly from stock charts, supported by seven-column watch lists from both brokers.
Despite similar features in certain areas, Admirals and Eightcap differ in other aspects of their trading platforms and tools. Both brokers earned a commendable four-star rating for trading platforms and tools, but Admirals holds a higher ranking at #19 compared to Eightcap's #38 out of 62 brokers according to ForexBrokers.com. Whether traders prioritize in-house platform development or a broader selection of charting tools, both Admirals and Eightcap offer compelling choices for different trading needs.
| 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.
Admirals and Eightcap both offer mobile trading apps available for iPhone and Android devices, catering to stock and forex traders. Both apps provide vital features such as price alerts, multiple time frame viewing, drawing tools for trendlines, and the ability to create watchlists with real-time quotes. In terms of charting capabilities, both apps offer 30 technical studies for in-depth analysis, and permit auto-saving of chart drawings. Admirals, however, lacks watchlist symbol syncing with its online account, a feature Eightcap provides, allowing for seamless integration and access across different devices.
Both mobile trading platforms are rated four out of five stars, suggesting high user satisfaction and functionality. Despite this, Admirals stands out with a higher ranking at #23 out of 62 brokers for its mobile trading apps according to ForexBrokers.com, compared to Eightcap's ranking at #38. This ranking difference may reflect Admirals' overall user experience and additional features that cater to mobile traders. Whether you prioritize syncing capabilities or overall ranking, both Admirals and Eightcap offer competitive mobile trading options for investors and traders alike.
| 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
|
Eightcap
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 93 | 85 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platform & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
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.
Select Brokers
↓×Compare
2 of 5| Overall Rating | Admirals | Eightcap | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 85 | |
| Winner | check_circle | ||
| Review | Admirals Review | Eightcap Review |
| Broker Screenshots | Admirals | Eightcap | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
|
| |
| Mobile Trading Gallery (click to expand) |
|
| |
| Research Gallery (click to expand) |
|
| |
| Education Gallery (click to expand) |
|
|
| 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) | Yes | 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 | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 85 | |
| Winner | check_circle | ||
| Review | Admirals Review | Eightcap Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill