Eightcap
nextmarkets
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
Basic data of broker
Recommended for Forex traders who prefer the MetaTrader platform
Recommended for Traders and investors looking for low fees
Australia
Germany
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
2
Deposit type
Withdrawal type
Account opening
$100
$0
1 day
1 day
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill
Proof of identity: passport / identity card Proof of address: Electricity, water or telephone bill, back of identity card (only if identity card was not used for proof of identity)
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: 52.55% 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
Great
Customer service
Security
No protection
€20,000 investor protection
2009
2014
Australia, Vanuatu
Malta
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.
*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.
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 nextmarkets's and a comparison of their fees shows that Eightcap's fees are similar to nextmarkets's.
Account opening takes about the same effort at Eightcap compared to nextmarkets, deposit and withdrawal processes are about the same quality at Eightcap, while customer service quality is somewhat better than nextmarkets's.
Our experts rated the trading platform of Eightcap as somewhat worse than the platform of nextmarkets, found that clients have access to slightly less markets and products with Eightcap, while nextmarkets provides somewhat better research and education.