Basic data of broker
Recommended for Forex traders who prefer the MetaTrader platform
Recommended for Forex traders who like the MetaTrader platform
Australia
Australia
Fees
Low trading and non-trading fees
Low trading and non-trading fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
7
10
Deposit type
Withdrawal type
Account opening
$100
$107
1 day
1 day
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill
Proof of identity: passport, driver's license, identity card, residence permit Proof of address: bank statements, utility bills not older than 3 months, internet/cable TV/house phone line bills, tax returns, council tax bills, government-issued certifications of residence
Trading platform
Markets and products
Disclaimer: 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.
Disclaimer: 62% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.
Research, education
Mid-range
Mid-range
Customer service
Security
No investor protection
€20k to EU clients and $0 for others
No investor protection
€20k to EU clients and $0 for others
2009
2006
Australia, Vanuatu
Cyprus, Australia, Mauritius, Seychelles
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
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.
Eightcap's service is on par with GO Markets's and a comparison of their fees shows that Eightcap's fees are similar to GO Markets's.
Account opening takes somewhat less effort at Eightcap compared to GO Markets, deposit and withdrawal processes are somewhat more complicated at Eightcap, while customer service quality is similar to GO Markets's.
Our experts rated the trading platform of Eightcap as being of the same quality as the platform of GO Markets, found that clients have access to about the same number of markets and products with Eightcap, while GO Markets provides somewhat better research and education.