Online brokers compared for fees, trading platforms, safety and more. See how Barclays stacks up against Eightcap!
Last update of data—Jan 2023
Barclays is a UK-based bank. Barclays Smart Investor is the brokerage service provided by Barclays and regulated by the top-tier FCA.
Eightcap is an Australian forex broker. It is regulated by both ASIC and VFSC, and is available globally for clients.
Recommended for long-term investors looking for a broker with low fees and solid background.
Recommended for forex traders who prefer the MetaTrader platform.
Barclays
Barclays is a UK-based bank. Barclays Smart Investor is the brokerage service provided by Barclays and regulated by the top-tier FCA.
Recommended for long-term investors looking for a broker with low fees and solid background.
Eightcap
Eightcap is an Australian forex broker. It is regulated by both ASIC and VFSC, and is available globally for clients.
Recommended for forex traders who prefer the MetaTrader platform.
Barclays's service is on par with Eightcap's and a comparison of their fees shows that Barclays's fees are slightly higher than Eightcap's.
Account opening takes more effort at Barclays compared to Eightcap, deposit and withdrawal processes are somewhat more complicated at Barclays, while customer service quality is considerably lower than Eightcap's.
Our experts rated the trading platform of Barclays as much less user-friendly than the platform of Eightcap, found that clients have access to more markets and products with Barclays, while Eightcap provides less useful research and education.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
Brokers displayed might not be available in United States.