Written by ForexBrokers.com
In this head to head comparison of Markets.com 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.
When comparing online brokers Markets.com and Eightcap, both platforms demonstrate a strong commitment to regulatory standards, though Markets.com edges ahead with a higher Trust Score of 93 compared to Eightcap's 85. Markets.com and Eightcap were founded in 1999 and 2009, respectively, and neither is publicly traded nor operates as a bank. Both brokers hold three Tier-1 licenses, which are highly trusted credentials according to ForexBrokers.com, indicating a significant level of credibility.
Despite similarities in top-tier licensing, Markets.com further distinguishes itself with an additional Tier-2 license, enhancing its regulatory trustworthiness. Eightcap, on the other hand, holds no Tier-2 licenses but still maintains a commendable Trust Score. This comparison highlights Markets.com's slight advantage in regulatory trust and long-standing presence in the industry over Eightcap, making it a potentially more reassuring choice for risk-conscious investors.
| Feature |
Markets.com
|
Eightcap
|
|---|---|---|
| Year Founded | 1999 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 3 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Markets.com receives a 3.5-star rating for its commissions and fees, and it is ranked 49th out of 62 brokers by ForexBrokers.com. Unfortunately, specific data on the average spreads offered by Markets.com is not available, making it difficult to directly compare them on that metric. As a user, it's important to consider this lack of transparency when evaluating Markets.com for your trading needs.
On the other hand, Eightcap offers two account types: a commission-based Raw account and a spread-only Standard account, available under its global entities, including those in Australia and the Bahamas. For the Raw account, Eightcap lists an average spread of 0.06 pips; however, the overall cost, including a $3.50 commission per trade side, comes to around 0.76 pips. This is slightly below the industry average of 0.8 pips, but Eightcap still tends to be pricier compared to the lowest-cost forex brokers.
Eightcap scores higher than Markets.com with a 4-star rating for commissions and fees and a ranking of 26th out of 62 brokers in the Commissions and Fees category. If cost is a major factor in your trading decisions, Eightcap might offer more competitive pricing structures, though it's beneficial to consider the specific features that suit your trading strategy best.
| Feature |
Markets.com
|
Eightcap
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | N/A | 1.0 |
| All-in Cost EUR/USD - Active | N/A | 0.76 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | 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 it comes to the variety of investment options, Markets.com and Eightcap both enable forex trading as a CFD or spot contract, allowing traders flexibility in their forex endeavors. Markets.com outshines Eightcap by offering a more extensive selection of 2,179 tradeable symbols compared to Eightcap's 736. Forex enthusiasts will find that both platforms are quite similar in the range of currency pairs available, with Markets.com offering 57 pairs, just one more than Eightcap. However, neither platform provides exchange-traded securities on U.S. or international exchanges, so traders looking to invest in individual stocks like Apple or Vodafone won't find such options here. Both brokers allow users to engage in copy trading, as well as trade cryptocurrency derivatives, although they don't offer direct cryptocurrency purchases.
In terms of overall investment range, Markets.com earns a higher rating with 4 out of five stars compared to Eightcap's 3.5 stars. This higher rating reflects Markets.com's broader range of tradeable options. According to ForexBrokers.com, Markets.com ranks 29th out of 62 brokers for range of investments, while Eightcap comes in at the 40th spot. This ranking indicates that Markets.com offers a slightly more diverse range of investment opportunities for traders seeking variety in their trading strategies.
| Feature |
Markets.com
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2179 | 736 |
| Forex Pairs (Total) | 57 | 56 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | 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 online brokers Markets.com and Eightcap, both platforms offer traders useful tools and features for a well-rounded trading experience. Markets.com stands out with its proprietary platform, which is developed in-house and is available for download on Windows, alongside web-based trading options. While both brokers provide access to popular trading platforms like MetaTrader 4 and MetaTrader 5, only Eightcap allows trading directly from stock charts, a feature that traders may find beneficial. In terms of visual analysis tools, Eightcap surpasses Markets.com with 15 drawing tools compared to Markets.com's four, enabling more advanced charting capabilities. However, it's worth noting that both platforms furnish free virtual demo accounts, allowing traders to practice trading without financial risk.
Both Markets.com and Eightcap support copy trading, enabling traders to learn from and mimic the trades of experienced traders. However, they do not support platforms like DupliTrade or ZuluTrade. When it comes to organizing market data, Eightcap offers slightly more customizable columns for watch lists with seven fields, compared to Markets.com's six. Despite some differences in the details of their offerings, both platforms secure a solid rating of four stars for their trading platforms and tools. Markets.com ranks higher at #26 versus Eightcap's #38, out of 62 brokers evaluated by ForexBrokers.com, indicating a slight edge in this category.
| Feature |
Markets.com
|
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) | 89 | 30 |
| Charting - Drawing Tools (Total) | 4 | 15 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Markets.com and Eightcap both provide mobile apps for iPhone and Android users, ensuring traders can stay connected on the go. Both platforms support stock and forex price alerts, as well as watchlist symbol syncing, which keeps your watchlists updated across devices. This makes it easier to monitor your investments no matter where you are.
When it comes to charting features, Eightcap stands out with the inclusion of 30 technical studies in its mobile app, compared to Markets.com which lacks this on its native app. Both allow users to draw trendlines, but only Eightcap supports viewing multiple time frames and auto-saving chart drawings. Both brokers offer the ability to create watchlists with real-time quotes, maintaining convenience for active traders. While Markets.com ranks #33 and Eightcap #38 in the Mobile Trading Apps category per ForexBrokers.com, both earn a respectable 4-star rating for their apps.
| Feature |
Markets.com
|
Eightcap
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | No | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Markets.com and Eightcap in terms of market research offerings, both brokers deliver daily market commentary and provide economic calendars that highlight current and upcoming global events. However, a crucial difference lies in their forex news sources; Markets.com supplies updates from prestigious outlets like Bloomberg and Reuters, while Eightcap does not. Both platforms lack offerings from Autochartist and Trading Central for technical analysis tools, but they share sentiment-based trading tools that indicate the ratio of long or short positions across different instruments.
Despite some similarities, Markets.com generally claims a higher position in research evaluations compared to Eightcap. Markets.com is rated four stars for research and ranks #17 out of 62 brokers by ForexBrokers.com, while Eightcap has a slightly lower rating of 3.5 stars, placing it at #39 in the research category. Neither broker includes research tools from TipRanks or Acuity Trading, but the higher marks and ranking suggest that Markets.com edges out Eightcap in providing more comprehensive research resources for traders.
| Feature |
Markets.com
|
Eightcap
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources offered by Markets.com and Eightcap for beginners, several key differences emerge. Markets.com provides regular online educational webinars, offering at least one session per month to enhance client learning. However, these webinars do not have a searchable archive, unlike Eightcap, which allows users to access previously recorded sessions at their convenience. While both platforms excel in delivering beginner-focused videos, covering essential trading topics with a substantial catalog, Markets.com distinguishes itself by also including advanced educational content tailored for experienced traders. In contrast, Eightcap falls short in this area. Additionally, Eightcap supports traders with an investor dictionary featuring over 50 investing terms, a resource not available through Markets.com.
Both brokers offer unique advantages for beginners, reflected in their rankings and ratings. Markets.com is ranked 34th out of 62 in the Education category by ForexBrokers.com and carries a 4-star rating for its educational offerings. Eightcap follows closely with a 3.5-star rating and is ranked 40th among its peers. These differences highlight Markets.com's commitment to providing consistent live learning experiences and advanced topics, while Eightcap supports beginners with a broader range of accessible educational materials, including a valuable investor dictionary.
| Feature |
Markets.com
|
Eightcap
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Markets.com is better than Eightcap. Markets.com finished with an overall rank of #23, while Eightcap finished with an overall rank of #38.
Thanks to its web-based MarketsX platform, Markets.com is easy to use and new trader friendly. However, Markets.com is pricey and lacks the feature-rich trading tools required to compete with the best trading platforms.
| Feature |
Markets.com
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Eightcap
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|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 85 |
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Both Markets.com and Eightcap provide the option to trade cryptocurrency derivatives, but neither allows for the purchase of actual, delivered cryptocurrencies.
Both Markets.com and Eightcap provide the option to deposit or withdraw funds using Skrill, Visa, Mastercard, and bank wires, but only Eightcap supports PayPal transactions, while neither offers ACH or SEPA transfers.
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 | Markets.com | Eightcap | |
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| Trust Score | 93 | 85 | |
| Winner | check_circle | ||
| Review | Eightcap Review |
| Broker Screenshots | Markets.com | Eightcap | |
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| Regulation | Markets.com | Eightcap | |
|---|---|---|---|
| Trust Score | 93 | 85 | |
| Year Founded | 1999 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 3 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Markets.com | Eightcap | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | 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) | No | 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) | Markets.com | Eightcap | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | 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) | No | No |
| Investments | Markets.com | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2179 | 736 | |
| Forex Pairs (Total) | 57 | 56 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | 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 | Markets.com | Eightcap | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.0 | |
| All-in Cost EUR/USD - Active | N/A | 0.76 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Markets.com | Eightcap | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Markets.com | 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 | Markets.com | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 89 | 30 | |
| Charting - Drawing Tools (Total) | 4 | 15 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Markets.com | Eightcap | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | No | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | Markets.com | Eightcap | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Markets.com | Eightcap | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | Markets.com | Eightcap | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | No | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Eightcap Review |
| Overall | Markets.com | Eightcap | |
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| Trust Score | 93 | 85 | |
| Winner | check_circle | ||
| Review | Eightcap Review |
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