Compare Eightcap vs TD Ameritrade


Online brokers compared for fees, trading platforms, safety and more. See how Eightcap stacks up against TD Ameritrade!

Eightcap vs TD Ameritrade
overall rating
4.3
4.7
overall pros
  • Low forex fees
  • Seamless, quick account opening
  • Free deposit and withdrawal
  • Low trading fees (free stock and ETF trading)
  • Superb desktop trading platform
  • Great customer support
overall cons
  • Slim product selection
  • Limited research and educational tools
  • No investor protection
  • You can trade only on US markets
  • Accounts mostly limited to US residents
  • No credit/debit cards and electronic wallets for money transfer
fees
4.5
  • Low trading fees
  • Low non-trading fees
  • Low forex fees
4.3
  • Low trading fees
  • Low non-trading fees
  • Free stocks and ETFs
  • High fund fees
account opening
5.0
  • Fully digital
  • Low minimum deposit
  • User-friendly
3.7
  • Fully digital
  • No minimum deposit
  • Many account types
deposit and withdrawal
4.5
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • No minor currencies available
1.9
  • Free withdrawal
  • No deposit fee
  • User-friendly
  • Credit/Debit card not available
  • Only one account base currency
  • High withdrawal fee for wire transfers
web trading platform
3.1
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • No two-step (safer) login
  • No price alerts
4.3
  • User-friendly
  • Two-step (safer) login
  • Good variety of order types
  • Limited customizability (for charts, workspace)
mobile trading platform
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
4.8
  • User-friendly
  • Two-step (safer) login
  • Good variety of order types
desktop trading platform
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
4.5
  • User-friendly
  • Good customizability (for charts, workspace)
  • Good variety of order types
  • Trading support functions
  • Great learning materials
  • No two-step (safer) login
markets and products
1.8
  • Forex
  • CFD
  • Crypto
3.7
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • Crypto
research
1.9
  • Good set of analytical tools
  • No fundamental data available
  • Trading ideas only via paid partnership
4.7
  • Good interactive chart
  • Trading ideas
  • Data on asset fundamentals
customer service
4.5
  • Live chat
  • Fast response time
  • Couldn't reach phone support
4.0
  • Phone support
  • Live chat
  • Fast response time
education
3.3
  • Demo account
  • Great market analyses and articles
  • No trading platform tutorial videos
  • No educational videos
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos
  • Regulated by top-tier ASIC
  • No investor protection
  • Does not hold a banking license
  • Not listed on stock exchange
  • Majority of clients belong to a top-tier financial authority
  • High level of investor protection
  • Banking background
  • No negative balance protection
recommended for Forex traders who prefer the MetaTrader platform Investors and traders looking for solid research and a well-equipped desktop trading platform
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