Basic data of broker
Recommended for Forex traders who prefer the MetaTrader platform
Recommended for Forex traders looking for low fees who are familiar with the MetaTrader 4 platform
Australia
UK
Fees
Low trading and non-trading fees
Low forex and CFD fees, low 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
5
Deposit type
Withdrawal type
Account opening
$100
$100
1 day
1 day
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill
Proof of identity: passport / national ID / driver's licence Proof of address: bank statement / utility bill / mortgage statement / credit card statement
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: 76% 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
£85k for UK and €20k for EU clients, $0 for others
No investor protection
£85k for UK and €20k for EU clients, $0 for others
2009
2014
Australia, Vanuatu
UK, Cyprus, Seychelles, South Africa, Malaysia
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 Tickmill's and a comparison of their fees shows that Eightcap's fees are similar to Tickmill's.
Account opening takes about the same effort at Eightcap compared to Tickmill, deposit and withdrawal processes are about the same quality at Eightcap, while customer service quality is similar to Tickmill's.
Our experts rated the trading platform of Eightcap as being of the same quality as the platform of Tickmill, found that clients have access to slightly less markets and products with Eightcap, while Tickmill provides better research and education.