Online brokers compared for fees, trading platforms, safety and more. See how Eightcap stacks up against eToro!
Last update of data—Jan 2023
Eightcap is an Australian forex broker. It is regulated by both ASIC and VFSC, and is available globally for clients.
eToro is a global social trading broker. It is regulated by top-tier authorities such as the UK FCA or Australia's ASIC. eToro USA LCC does not offer CFDs, only real Crypto assets available.
Recommended for forex traders who prefer the MetaTrader platform.
Recommended for traders interested in social trading (i.e. copying other investors’ trades) and zero commission stock trading.
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.
eToro
eToro is a global social trading broker. It is regulated by top-tier authorities such as the UK FCA or Australia's ASIC. eToro USA LCC does not offer CFDs, only real Crypto assets available.
Recommended for traders interested in social trading (i.e. copying other investors’ trades) and zero commission stock trading.
Eightcap's service is slightly weaker than eToro's and a comparison of their fees shows that Eightcap's fees are similar to eToro's.
Account opening takes about the same effort at Eightcap compared to eToro, deposit and withdrawal processes are somewhat easier at Eightcap, while customer service quality is somewhat better than eToro's.
Our experts rated the trading platform of Eightcap as less user-friendly than the platform of eToro, found that clients have access to much less markets and products with Eightcap, while eToro provides better 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.