Written by ForexBrokers.com
In this head to head comparison of Vantage 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.
Both Vantage and Eightcap are reputable online brokers that began their operations in 2009. Neither company is a publicly traded entity or a bank, which ensures a level of independence from traditional banking risks. A point of comparison between the two companies lies in their regulatory licenses. Vantage holds two top-tier licenses, which ForexBrokers.com considers highly trusted, along with an additional trusted license. In contrast, Eightcap possesses three highly trusted top-tier licenses but does not have any trusted tier-2 licenses.
In terms of trust score ratings given by ForexBrokers.com, Vantage scores a 90 out of 99, placing it in the category of highly trusted brokers. Meanwhile, Eightcap receives a commendable score of 85, landing it in the trusted bracket. These scores reflect the dependability and security measures that each broker has in place for its clients. Overall, both brokers maintain solid reputations, providing various options for traders to consider based on their trust and regulatory standings.
| Feature |
Vantage
|
Eightcap
|
|---|---|---|
| Year Founded | 2009 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 3 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing commissions and fees between Vantage and Eightcap, each broker offers distinct advantages depending on your trading preferences. Vantage provides three account types: the Standard STP with spread-only pricing, and the RAW ECN and PRO ECN with commission-based fees. The Standard account averages a spread of 1.30 pips on the EUR/USD, while the RAW account has an average spread of 0.15 pips with an additional commission of $3 per side, resulting in a total cost of 0.75 pips. The PRO ECN account offers competitive pricing with a commission of $2 per side, though it requires meeting specific criteria such as a $10,000 minimum deposit. Vantage's active trader program provides rebates but is limited to the Standard account. Overall, Vantage is rated 4.5 out of 5 stars and ranks #18 for commissions and fees among 62 brokers according to ForexBrokers.com.
Eightcap, on the other hand, features two account types: the commission-based Raw account and the spread-only Standard account, available across its global entities. The Raw account at Eightcap displays an average spread of 0.06 pips, but including the commission of $3.50 per side, the total cost comes to about 0.76 pips. This positions Eightcap just below the industry average of 0.8 pips. While slightly more costly than the lowest-cost forex brokers, Eightcap still delivers competitive pricing compared to many rivals. Eightcap is rated 4 out of 5 stars and ranks #26 in the commissions and fees category out of 62 brokers reviewed by ForexBrokers.com.
In summary, while both brokers offer competitive options for traders, Vantage appears to have a slight edge with a higher star rating and a better rank for commissions and fees. However, individual needs and trading styles could tip the balance in favor of either broker. For those focused on reducing trading costs, considering the account structures and specific requirements of each broker will be crucial in making an informed decision.
| Feature |
Vantage
|
Eightcap
|
|---|---|---|
| Minimum Deposit | $50 | $100 |
| Average Spread EUR/USD - Standard | 1.30 | 1.0 |
| All-in Cost EUR/USD - Active | 0.75 | 0.76 |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | 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.
Vantage and Eightcap both provide a variety of trading opportunities, especially for forex enthusiasts. Both brokers allow forex trading through CFDs, offering a wide choice of currency pairs with Vantage providing 57 pairs and Eightcap offering 56. Vantage boasts a slightly larger selection overall, with 1,000 tradeable symbols compared to Eightcap's 736. For those interested in CFD trading, both platforms provide opportunities in cryptocurrency derivatives, though neither offers actual cryptocurrency purchases or non-CFD exchange-traded securities like shares on U.S. or international exchanges.
Copy trading is a convenient option available on both platforms, enabling users to mimic successful strategies from experienced traders. Despite having similar offerings, Eightcap holds a slight advantage in the ranking department, positioned at #40 on ForexBrokers.com for the range of investments category, compared to Vantage's #50 ranking. However, both have received a 3.5-star rating for their range of investments, indicating a comparable level of satisfaction among traders exploring their platforms.
| Feature |
Vantage
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 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 Vantage and Eightcap for their trading platforms and tools, both brokers offer simulated trading with free virtual demo accounts, which is ideal for beginners looking to practice without any financial risk. Vantage stands out by providing a proprietary platform developed in-house, while Eightcap does not have its own platform, relying instead on third-party solutions. Both brokers offer popular platforms like MetaTrader 4 and MetaTrader 5, along with web-based and Windows-based desktop downloads, ensuring flexibility for traders. Additionally, both brokers support copy trading, although Vantage extends its offerings with DupliTrade and ZuluTrade, which Eightcap lacks.
Charting capabilities are evenly matched between Vantage and Eightcap, with both platforms providing 15 drawing tools and the ability to trade directly from stock charts. They also offer comprehensive watch lists with seven customizable columns or fields for tracking assets. Despite having similar ratings of four stars for their trading platforms and tools, Vantage has a significantly higher ranking from ForexBrokers.com, placing 15th out of 62 brokers, compared to Eightcap's 38th position. This higher ranking could suggest a slight edge for Vantage in the industry, leaning it more attractive to traders prioritizing platform diversity and additional tool integrations.
| Feature |
Vantage
|
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 | Yes | No |
| ZuluTrade | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Vantage and Eightcap, both brokers offer reliable options for iPhone and Android users. Each app provides essential features such as stock and forex price alerts, 30 technical studies for charting, and the ability to draw trendlines and view multiple time frames. Furthermore, both Vantage and Eightcap allow users to create watchlists with real-time quotes and ensure that any drawings made on charts are automatically saved. However, a notable difference is that Eightcap supports the syncing of watchlist symbols between the mobile app and the client’s online account, a feature that Vantage lacks.
In terms of ratings, both Vantage and Eightcap have received four-star reviews for their mobile trading apps. According to ForexBrokers.com, Vantage holds a slightly higher rank at 26th out of 62 brokers, compared to Eightcap’s rank of 38th in the mobile trading apps category. Overall, both platforms offer robust mobile trading experiences, but Vantage edges ahead with its marginally better ranking.
| Feature |
Vantage
|
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 comparing market research tools between online brokers Vantage and Eightcap, there are several key differences to consider. Both platforms provide daily market commentary and maintain an economic calendar, which helps traders stay informed about global news events. However, Vantage offers forex news from top-tier sources such as Bloomberg and Reuters, giving its users access to valuable insights that Eightcap does not offer. Additionally, Vantage integrates technical analysis tools from Trading Central, whereas Eightcap lacks such offerings. Both brokers feature a sentiment-based trading tool, but Vantage provides a more comprehensive set of research tools, which is highlighted by its 4-star research rating compared to Eightcap's 3.5 stars.
Furthermore, when ranked by ForexBrokers.com, Vantage holds a solid position at #24 out of 62 brokers for its research capabilities, edging out Eightcap, which ranks at #39. Although neither broker provides tools from companies like Autochartist, TipRanks, or Acuity Trading, Vantage's access to high-quality news sources and superior analytical tools make it a more attractive option for traders seeking in-depth market research and data.
| Feature |
Vantage
|
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 | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When evaluating the educational resources provided by online brokers Vantage and Eightcap, both offer a solid foundation for beginners with their extensive library of more than 10 informative articles, videos, and archived webinars focused on forex and CFDs. However, Vantage shines by providing monthly online webinars, beneficial for interactive learning, whereas Eightcap does not offer this feature. Both brokers supply a searchable archive of recorded webinars, allowing learners to access past content conveniently.
For those at the outset of their trading journey, Vantage and Eightcap each provide a collection of beginner-friendly videos, simplifying the learning process. Yet, as traders gain experience, Vantage's additional library of advanced videos becomes an invaluable resource, setting it apart from Eightcap, which lacks this component. Both brokers offer investor dictionaries, aiding beginners with clarifications on over 50 investing terms. Overall, Vantage ranks higher in the education category—27th out of 62 brokers—and is rated 4 stars, while Eightcap garners a 3.5-star rating, ranked 40th in the same category.
| Feature |
Vantage
|
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 Vantage is better than Eightcap. Vantage finished with an overall rank of #26, while Eightcap finished with an overall rank of #38.
Vantage rounds out its MetaTrader platform suite offering with support for multiple social trading platforms, content powered by Trading Central and a proprietary mobile app. However, Vantage trails industry leaders in key areas such as research and education.
| Feature |
Vantage
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Eightcap
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|---|---|---|
| Overall Rating |
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| Trust Score | 90 | 85 |
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Both Vantage and Eightcap do not provide the option to purchase actual delivered cryptocurrency, but they both offer the ability to trade cryptocurrency derivatives.
Both Vantage and Eightcap provide a range of deposit and withdrawal methods including PayPal, Skrill, Visa, Mastercard, and bank wires, but neither broker supports ACH or SEPA transfers for account transactions.
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 | Vantage | Eightcap | |
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| Trust Score | 90 | 85 | |
| Winner | check_circle | ||
| Review | Vantage Review | Eightcap Review |
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| Regulation | Vantage | Eightcap | |
|---|---|---|---|
| Trust Score | 90 | 85 | |
| Year Founded | 2009 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 3 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | Vantage | 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) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | Vantage | 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 | Vantage | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 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 | Vantage | Eightcap | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.30 | 1.0 | |
| All-in Cost EUR/USD - Active | 0.75 | 0.76 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Vantage | Eightcap | |
|---|---|---|---|
| Minimum Deposit | $50 | $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 | No | No |
| Trading Platforms | Vantage | 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 | Yes | No | |
| ZuluTrade | Yes | No |
| Trading Tools | Vantage | 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) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Vantage | 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 | Vantage | Eightcap | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | 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 | Vantage | 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 | Vantage Review | Eightcap Review |
| Overall | Vantage | Eightcap | |
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| Trust Score | 90 | 85 | |
| Winner | check_circle | ||
| Review | Vantage Review | Eightcap Review |
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