Written by ForexBrokers.com
In this head to head comparison of Eightcap vs VT Markets, 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 Eightcap and VT Markets, both companies offer distinct features, especially in terms of regulatory compliance and trustworthiness. Eightcap, established in 2009, boasts three Tier-1 licenses, an indicator of high trust, and holds an 85 Trust Score rating by ForexBrokers.com, categorizing it as trusted. Despite being privately held and not a banking institution, Eightcap’s regulatory credentials contribute to its reliability among brokers.
On the other hand, VT Markets was established in 2016 and carries one Tier-1 license alongside one Tier-2 license. With a Trust Score of 70, as per ForexBrokers.com, VT Markets fits into the average risk category. Like Eightcap, VT Markets is privately owned and not classified as a bank. Both platforms provide traders with regulated environments, but Eightcap offers a broader scope of high-tier licensing, giving it an edge in terms of perceived trust.
| Feature |
Eightcap
|
VT Markets
|
|---|---|---|
| Year Founded | 2009 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
Eightcap and VT Markets offer traders various account options that affect their commissions and fees. Eightcap provides two account types, the commission-based Raw account and the spread-only Standard account. The Raw account has an average spread of 0.06 pips, but once you account for the per-side commission of $3.50 per trade, the total cost comes to approximately 0.76 pips. This pricing positions Eightcap slightly above the industry average, making it marginally more expensive compared to the lowest-cost brokers available.
VT Markets features Raw ECN and Standard STP accounts for traders. The Standard STP account incurs no commission but does come with higher spreads. On the other hand, the Raw ECN account has an effective spread of 0.83 pips, factoring in a 0.6 round turn commission and an average spread of 0.23 pips. While the Raw ECN pricing is typical for the industry, the Standard STP account's cost is less competitive. A notable advantage of VT Markets is its lower barrier to entry, requiring a minimum deposit of merely $100.
When evaluated for commissions and fees, Eightcap earns a rating of 4 out of 5 stars and ranks 26th out of 62 brokers according to ForexBrokers.com. In contrast, VT Markets achieves a slightly higher rating of 4.5 stars and secures the 20th spot in the same ranking. These ratings suggest that while both brokers are commendable choices, VT Markets might offer an edge for traders prioritizing lower trading costs.
| Feature |
Eightcap
|
VT Markets
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | 1.0 | 1.2 |
| All-in Cost EUR/USD - Active | 0.76 | 0.8 |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| 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 forex trading, both Eightcap and VT Markets offer contracts for difference (CFDs), giving traders a similar starting point. However, the range of investment options each broker provides differs significantly. Eightcap boasts a total of 736 tradeable symbols, including 56 forex pairs, making it a notable choice for those focused on currency trading. VT Markets, on the other hand, provides a broader selection with 1,000 tradeable symbols, though it features fewer forex pairs at 39. Both brokers offer cryptocurrency derivatives, but neither allows the direct purchase of actual cryptocurrencies. They also share common ground in offering copy trading capabilities to their clients.
In terms of their ability to trade exchange-traded securities on U.S. markets, both Eightcap and VT Markets do not allow the purchase of actual shares like Apple (NASDAQ: AAPL). However, VT Markets provides more global opportunities, enabling trades on international exchanges such as the London Stock Exchange. This expanded access may be appealing for those interested in global equity markets, like shares of Vodafone (VOD-GB). Despite these differences, both brokers receive similar ratings for their range of investments, with each earning 3.5 stars and being ranked closely by ForexBrokers.com, with Eightcap at #40 and VT Markets slightly ahead at #39 out of 62 brokers.
| Feature |
Eightcap
|
VT Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 736 | 1000 |
| Forex Pairs (Total) | 56 | 39 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| 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 it comes to comparing Eightcap and VT Markets in terms of their trading platforms and tools, both brokers provide a comprehensive offering without proprietary platforms, relying on the popular MetaTrader 4 and MetaTrader 5 for their users. Traders can enjoy both simulated trading with free virtual demo accounts and the convenience of web-based and Windows desktop platforms for seamless experiences on either broker. Additionally, both support copy trading and the ability to trade directly from stock charts, which cater to traders looking to mirror successful strategies.
While both Eightcap and VT Markets are rated four out of five stars for their trading platforms and tools, there are key differences in the charting tools provided. VT Markets offers a robust collection of 30 drawing tools, doubling the number available with Eightcap. Both brokers offer seven columns for watch lists, ensuring a practical overview of market lists. Despite these similarities, Eightcap ranks slightly higher at #38 out of 62 brokers, compared to VT Markets’ position at #47, reflecting a marginal preference in this competitive space.
| Feature |
Eightcap
|
VT Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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 | 15 |
| Charting - Drawing Tools (Total) | 15 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Eightcap and VT Markets offer mobile trading apps for iPhone and Android users, providing essential features to enhance the trading experience on the go. Both apps support stock and forex price alerts, as well as advanced charting capabilities with 30 technical studies and trendline drawing options. When it comes to viewing different time frames such as daily, weekly, or intraday, both apps excel in offering flexibility. Real-time quotes can also be accessed, and traders can create personalized watchlists.
Where Eightcap takes the lead is in the synchronization of watchlist symbols, meaning any changes made in the mobile app sync automatically with the user's online account. Furthermore, Eightcap's app autosaves chart drawings, a feature not available with VT Markets. Both platforms hold a respectable 4-star rating for their mobile trading apps, but Eightcap is slightly better ranked at 38 out of 62 brokers by ForexBrokers.com, compared to VT Markets, which is ranked 44th. Overall, if syncing features and auto-saving capabilities are a priority, Eightcap's mobile trading app might be the better choice for you.
| Feature |
Eightcap
|
VT Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When evaluating the market research offerings of Eightcap and VT Markets, both brokers provide daily market commentary and sentiment-based trading tools that display the ratio of long or short positions across various instruments. They also offer an economic calendar showcasing global news events. However, the brokers differ in terms of access to forex news and certain analysis tools. VT Markets provides forex news from reputable sources like Bloomberg and Reuters, while Eightcap does not. Additionally, VT Markets offers tools from Trading Central for technical analysis, giving it a slight edge in that department.
Despite these differences, both Eightcap and VT Markets lack research tools from Autochartist, TipRanks, and Acuity Trading. They each hold an identical research rating of 3.5 stars out of five. Nonetheless, VT Markets is ranked slightly higher in the research category by ForexBrokers.com, placing at 36 out of 62 brokers, whereas Eightcap ranks at 39. This marginal difference suggests VT Markets may provide slightly more comprehensive research tools, but both brokers are relatively comparable overall.
| Feature |
Eightcap
|
VT Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | Yes |
| 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 available for beginners at Eightcap and VT Markets, both brokers offer a solid foundation to get started with trading forex or CFDs. Each provides a selection of at least ten educational materials, which includes articles and videos focused on these markets. Both also have beginner-friendly video content surpassing ten lessons to aid newcomers in understanding trading topics. Moreover, both platforms feature an investor dictionary with over 50 key investing terms, allowing users to become familiar with essential trading jargon.
However, if we dive a bit deeper, there are some differences between the two brokers. Eightcap provides a searchable archive of recorded webinars, adding more flexibility for users looking to learn on their own schedule, whereas VT Markets does not offer this feature. While neither broker hosts monthly live webinars or over ten advanced educational videos, Eightcap slightly edges out VT Markets with its ranking for Education by ForexBrokers.com, where it stands at #40 out of 62 brokers compared to VT Markets' #55 ranking. Both brokers share a 3.5-star rating for education, making them competitive options for beginners seeking educational support in trading.
| Feature |
Eightcap
|
VT Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | 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 Eightcap is better than VT Markets. Eightcap finished with an overall rank of #38, while VT Markets finished with an overall rank of #44.
Eightcap enhances its status as a MetaTrader-only broker with support for a suite of third-party plug-ins and access to Capitalise.ai’s algorithmic trading platform.
| Feature |
Eightcap
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VT Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 70 |
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Both Eightcap and VT Markets do not offer the ability to buy actual delivered cryptocurrency, but they do provide options for purchasing cryptocurrency derivatives.
When comparing online brokers Eightcap and VT Markets, both platforms lack ACH and SEPA transfer options but support Visa, Mastercard, and bank wires for deposits and withdrawals; however, Eightcap uniquely offers PayPal in addition to Skrill, whereas VT Markets only provides Skrill alongside the other aforementioned methods.
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 | Eightcap | VT Markets | |
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| Trust Score | 85 | 70 | |
| Winner | check_circle | ||
| Review | Eightcap Review | VT Markets Review |
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| Regulation | Eightcap | VT Markets | |
|---|---|---|---|
| Trust Score | 85 | 70 | |
| Year Founded | 2009 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | Eightcap | VT Markets | |
|---|---|---|---|
| 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 | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Eightcap | VT Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Eightcap | VT Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 736 | 1000 | |
| Forex Pairs (Total) | 56 | 39 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| 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 | Eightcap | VT Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.0 | 1.2 | |
| All-in Cost EUR/USD - Active | 0.76 | 0.8 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Eightcap | VT Markets | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| 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 | Eightcap | VT Markets | |
|---|---|---|---|
| Proprietary Platform | No | 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 | Eightcap | VT Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 15 | |
| Charting - Drawing Tools (Total) | 15 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Eightcap | VT Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Eightcap | VT Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Eightcap | VT Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Eightcap | VT Markets | |
|---|---|---|---|
| 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 | Eightcap Review | VT Markets Review |
| Overall | Eightcap | VT Markets | |
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| Trust Score | 85 | 70 | |
| Winner | check_circle | ||
| Review | Eightcap Review | VT Markets Review |
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