Written by ForexBrokers.com
In this head to head comparison of CMC Markets 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.
CMC Markets and Eightcap are online brokers with multi-jurisdiction regulation. CMC Markets, founded in 1989, is publicly traded and not a bank. Eightcap, founded in 2009, is privately held and also not a bank. On licensing, CMC Markets holds 6 Tier-1 licenses (considered highly trusted by ForexBrokers.com) and 1 Tier-2 license, while Eightcap holds 3 Tier-1 licenses and 1 Tier-2 license.
According to ForexBrokers.com, Trust Score ranges are: 90–99 highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and under 59 not trusted. CMC Markets scores 99/99 (highly trusted), whereas Eightcap scores 87/99 (trusted), reflecting a notable difference in overall regulatory trust.
| Feature |
CMC Markets
|
Eightcap
|
|---|---|---|
| Year Founded | 1989 | 2009 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 6 | 3 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
When it comes to commissions and fees, CMC Markets has the edge over Eightcap. CMC Markets earns a 5-star rating and ranks #4 out of 36 brokers for this category, thanks to its low average spreads and pricing that stays close to its advertised levels. Its standard accounts offer competitive spread-only pricing, while its FX Active commission plan can bring EUR/USD trading costs down to an all-in 0.5 pips with $2.50 per side commissions.
Eightcap also offers solid pricing, but it is not quite as low-cost as CMC Markets. Eightcap is rated 4.5 stars and ranks #20 out of 36 brokers for commissions and fees. Traders can choose between the spread-only Standard account and the commission-based Raw account, which has an average spread of 0.06 pips plus a $3.50 per-side commission, for an estimated all-in cost of about 0.76 pips on EUR/USD.
In simple terms, CMC Markets is the better pick if keeping trading costs down is your top priority. Eightcap is still competitive, but CMC Markets offers more consistent low spreads across account types and a stronger overall value in the commissions and fees category.
| Feature |
CMC Markets
|
Eightcap
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Standard account | 1.3 | 1.0 |
| All-in Cost EUR/USD - Active | 0.65 | 0.76 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
CMC Markets offers a much wider range of investments than Eightcap, making it the stronger choice for traders who want more market variety. Both brokers support forex trading as CFDs or spot contracts, plus cryptocurrency CFDs, but CMC Markets stands out with 12,029 tradeable symbols and 141 forex pairs, compared with Eightcap’s 803 symbols and 55 forex pairs. CMC Markets also lets clients trade exchange-traded securities on both U.S. and international exchanges, while Eightcap does not offer these share investments.
Another key difference is extra investing features. CMC Markets supports copy trading, which can appeal to beginners or anyone looking to follow other traders, while Eightcap does not. Neither broker offers actual delivered cryptocurrency. Based on Range of Investments, CMC Markets is rated 5 stars and ranked #9 out of 36 brokers by ForexBrokers.com, while Eightcap is rated 3.5 stars and ranked #29, showing that CMC Markets has the broader overall selection.
| Feature |
CMC Markets
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 12029 | 803 |
| Forex Pairs (Total) | 141 | 55 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | 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). | 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.
CMC Markets and Eightcap both make it easy to get started with a free demo account, and each offers web-based and Windows desktop platforms, plus support for MetaTrader 4 and MetaTrader 5. Both brokers also let you place trades directly from charts, which is helpful if you like to act fast while watching price moves. In this area, either broker gives traders a solid mix of platform choices for desktop and browser-based trading.
CMC Markets stands out more on trading tools and platform features. It offers its own in-house platform and copy trading, while Eightcap does not offer a proprietary platform or copy trading. That extra range helps explain why CMC Markets earns 5 out of 5 stars for Trading Platforms and Tools and ranks #6 out of 36 brokers, compared with Eightcap’s 4-star rating and #31 ranking. If you want a wider tool set and more built-in features, CMC Markets has the edge.
| Feature |
CMC Markets
|
Eightcap
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 73 | 100 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
CMC Markets and Eightcap both make it easy to trade on the go with iPhone and Android apps, plus stock and forex price alerts and watchlist syncing between mobile and online accounts. Both apps also let you draw trendlines on charts and save those drawings automatically, which is helpful if you like to track price moves across devices. In terms of charting tools, Eightcap offers 100 technical studies in its mobile app, while CMC Markets provides 29.
When it comes to mobile trading app quality, CMC Markets has the edge overall. It earns a 5-star rating for Mobile Trading Apps and ranks #5 out of 36 brokers at ForexBrokers.com, compared with Eightcap’s 4-star rating and #31 ranking. If you want a broker with stronger mobile app recognition, CMC Markets stands out, while Eightcap may appeal more to traders who want a wider selection of chart studies.
| Feature |
CMC Markets
|
Eightcap
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 29 | 100 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing CMC Markets vs Eightcap for market research, CMC Markets clearly offers more depth. Both brokers provide daily market commentary, a sentiment tool, and an economic calendar, so each gives traders useful day-to-day market updates. However, CMC Markets goes further with forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones, plus Autochartist tools for technical and fundamental analysis. It also earns a perfect 5-star Research rating and ranks #6 out of 36 brokers in ForexBrokers.com’s Research category.
Eightcap also covers the basics well, with daily commentary, sentiment data, and an economic calendar, and it adds Acuity Trading tools such as Signal Centre. Still, it does not offer top-tier forex news or Autochartist, which may matter to traders who want more in-depth market insight. As a result, Eightcap receives a 3.5-star Research rating and ranks #33 out of 36, making CMC Markets the stronger choice overall for market research.
| Feature |
CMC Markets
|
Eightcap
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | Yes | No |
| Trading Central | No | 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 trading education, CMC Markets comes out ahead of Eightcap in a few key areas. Both brokers offer forex or CFDs education with at least 10 learning pieces, and both provide 10 or more beginner-friendly videos on trading basics. Neither broker offers monthly educational webinars, but CMC Markets adds more depth with at least 10 advanced videos for experienced traders, while Eightcap does not meet that mark. That extra range helps CMC Markets serve both new and more active traders who want to keep learning over time.
These differences are reflected in third-party education ratings as well. CMC Markets is rated 5 stars for Education and ranks #10 out of 36 brokers at ForexBrokers.com, while Eightcap is rated 3.5 stars and ranks #31. If you want a broker with more learning content and a stronger overall education offering for beginners, CMC Markets is the better choice here.
| Feature |
CMC Markets
|
Eightcap
|
|---|---|---|
| Webinars | No | 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 CMC Markets is better than Eightcap. CMC Markets finished with an overall rank of #5, while Eightcap finished with an overall rank of #30.
CMC Markets is well-trusted across the globe, and delivers a terrific trading experience thanks to its excellent pricing and selection of over 12,000 tradeable instruments.
| Feature |
CMC Markets
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Eightcap
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|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 87 |
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CMC Markets vs Eightcap: these online brokers do not support buying actual (delivered) cryptocurrency, but both offer cryptocurrency CFD trading.
Comparing deposit and withdrawal methods, CMC Markets supports ACH/SEPA, PayPal, and bank wire transfers but not Skrill (Visa/Mastercard availability not specified), whereas Eightcap supports PayPal, Skrill, and bank wires but not ACH/SEPA (Visa/Mastercard availability not specified).
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 | CMC Markets | Eightcap | |
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| Trust Score | 99 | 87 | |
| Winner | check_circle | ||
| Review | CMC Markets Review | Eightcap Review |
| Broker Screenshots | CMC Markets | Eightcap | |
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| Regulation | CMC Markets | Eightcap | |
|---|---|---|---|
| Trust Score | 99 | 87 | |
| Year Founded | 1989 | 2009 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 6 | 3 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | CMC Markets | Eightcap | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | 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) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | CMC Markets | 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 | CMC Markets | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 12029 | 803 | |
| Forex Pairs (Total) | 141 | 55 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | 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). | 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 | CMC Markets | Eightcap | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.3 | 1.0 | |
| All-in Cost EUR/USD - Active | 0.65 | 0.76 | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | CMC Markets | Eightcap | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | CMC Markets | Eightcap | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | CMC Markets | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 73 | 100 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | CMC Markets | 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 | 29 | 100 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | CMC Markets | Eightcap | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | Yes | No | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | CMC Markets | Eightcap | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | CMC Markets | Eightcap | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | CMC Markets Review | Eightcap Review |
| Overall | CMC Markets | Eightcap | |
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| Trust Score | 99 | 87 | |
| Winner | check_circle | ||
| Review | CMC Markets Review | Eightcap Review |
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