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 it comes to 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 little above the industry average. That said, many traders are drawn to eToro more for its social copy trading features than for low trading costs. eToro earns a 4-star rating for commissions and fees and is ranked #22 out of 36 brokers by ForexBrokers.com.
Eightcap gives traders a choice between a commission-based Raw account and a spread-only Standard account, so the final cost depends on the account type you choose. Its Raw account shows an average spread of 0.06 pips, and after the $3.50 per-side commission is added, the all-in cost comes to about 0.76 pips, which is just below the industry average of 0.8 pips. Eightcap is generally a bit pricier than the cheapest forex brokers, but it still scores well with a 4.5-star rating and a #20 ranking out of 36 brokers for commissions and fees.
In simple terms, eToro may appeal more to people who want an easy-to-use trading platform with copy trading, while Eightcap may suit traders who want tighter spreads and are comfortable choosing between different account types. If low trading costs are your main goal, Eightcap has the edge, while eToro stands out more for its platform features than for pricing.
| 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 |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to range of investments, eToro gives traders far more choice than Eightcap. eToro offers 7,441 tradeable symbols and 65 forex pairs, compared with Eightcap’s 803 symbols and 55 forex pairs. Both brokers support forex trading as CFDs or spot contracts, and both offer cryptocurrency CFDs, but eToro also lets clients buy actual cryptocurrency. In addition, eToro provides access to exchange-traded securities on both U.S. and international markets, while Eightcap does not offer these shares at all.
eToro also stands out for its extra features and overall selection. It supports copy trading, which can appeal to beginners and busy investors, while Eightcap does not. Reflecting this wider product range, eToro is rated 5 stars for Range of Investments and ranks #10 out of 36 brokers on ForexBrokers.com, while Eightcap is rated 3.5 stars and ranks #29. For traders who want more markets and more ways to invest, eToro is the stronger 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 offer free demo accounts and web-based platforms, so you can test ideas or trade from a browser without downloading software. Both also let you trade directly from charts. That said, eToro stands out for its own in-house platform and copy trading features, which may appeal to beginners and social traders who want a simpler way to follow others. eToro also scores higher overall in this category, with a 4.5-star rating and an #8 ranking out of 36 brokers.
Eightcap, on the other hand, is better suited to traders who want desktop software and MetaTrader access. It offers a Windows desktop platform plus both MetaTrader 4 and MetaTrader 5, while eToro does not. Eightcap does not offer copy trading or a proprietary platform, but it still provides a browser platform and a free demo account. In ForexBrokers.com’s Trading Platforms and Tools category, Eightcap is rated 4 stars and ranked #31 out of 36 brokers, making eToro the stronger choice overall for platform variety and ease of use.
| 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 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing eToro and Eightcap for mobile trading apps, both brokers give traders the basics most people want on the go. Each offers iPhone and Android apps, plus price alerts and watchlist syncing so changes carry over between the mobile app and the online account. Both apps also let users draw trendlines on charts, making it easier to track market movement from a phone or tablet.
eToro has a slight edge in charting and overall app quality. Its mobile app includes 104 technical studies, compared with 100 on Eightcap, and it is rated 4.5 out of 5 stars for mobile trading apps versus 4 stars for Eightcap. That difference is also reflected in ForexBrokers.com’s rankings, where eToro places #10 out of 36 brokers and Eightcap sits at #31. One key advantage for Eightcap is that it auto-saves chart drawings in the app, while eToro does not.
| 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 |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, eToro and Eightcap both give traders daily market commentary, a sentiment tool showing long versus short positions, and an economic calendar with upcoming global events. That means both brokers can help you keep up with broad market moves and key news that may affect trading decisions. Neither broker offers Autochartist or Trading Central tools, so you will not find those extra chart-based research features with either platform.
Where eToro stands out is in its access to forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones, plus market research from TipRanks. Eightcap does not offer those same news and TipRanks resources, but it does include research from Acuity Trading, such as Signal Centre, which eToro does not have. Overall, eToro is rated 4.5 stars for research and ranks #12 out of 36 brokers, while Eightcap is rated 3.5 stars and ranks #33, making eToro the stronger choice for research coverage.
| 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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