Blueberry Markets vs Eightcap
Blueberry Markets or Eightcap – which is better for UK traders 2024? Compare Blueberry Markets and Eightcap in this detailed breakdown of their platforms, features and fees.
Blueberry Markets | Eightcap |
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Blueberry Markets is ranked #91 among CFD brokers. | Eightcap is ranked #7 among CFD brokers. |
Blueberry Markets is an Australian-based CFD and forex broker offering 300+ instruments on the MT4 and MT5 platforms. Account holders also get access to DupliTrade, a low-latency VPS and educational materials. | Eightcap is an award-winning, FCA-regulated broker offering industry-low trading fees. They are also the highest-rated brand by TradingView’s 50 million-strong users, who can trade directly on the platform. UK traders can sign up for a live account with an accessible £100 minimum deposit. |
Pros | |
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Cons | |
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Awards | |
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FCA Regulated | |
No | Yes |
Instruments | |
CFDs, Forex, Stocks, Cryptos, Commodities | CFDs, Forex, Stocks, Indices, Commodities |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$100 | £100 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
ASIC, VFSC | ASIC, FCA, CySEC, SCB |
Mobile Apps | |
iOS & Andriod | iOS & Android |
Trading App | |
Eightcap supports the MT4, MT5 and TradingView apps (the only FCA regulated broker offering TradingView), catering to mobile traders looking for advanced charting tools. While we don’t love the increasingly outdated design of the MetaTrader suite, its dozens of technical indicators and drawing tools, multiple charting styles, and straightforward overlays in horizontal mode are excellent. The push notifications and active social network on the TradingView app are also valuable additions for aspiring traders and Eightcap has published helpful videos on connecting TradingView accounts to iOS and Android devices. |
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iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | Yes |
MetaTrader 4 | |
Yes | No |
MetaTrader 5 | |
Yes | Yes |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
No | Yes |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
No | No |
STP Account | |
No | No |
ECN Account | |
Yes | Yes |
DMA Account | |
No | No |
MAM Account | |
Yes | Yes |
PAMM Account | |
Yes | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | Yes |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | TradingView Bots |
Copy Trading | |
Yes | No |
Copy Trading Platform | |
Copy the trades of pro investors via the DupliTrade platform. Select, modify, or remove strategies from your portfolio with just a few clicks. | |
Social Trading | |
Yes | Yes |
Trade Signals | |
Yes | |
VPS Hosting | |
Yes | Yes |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | $0 |
Islamic Account | |
No | Yes |
Account Currencies | |
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Commodities | |
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CFD | |
Blueberry Markets offers access to 300+ CFD products, spanning commodities, stocks, indices and currencies. These products are available with leverage rates up to 1:500, with competitive STP and ECN pricing models. | Eightcap offers a wide range of trading options with 800+ CFDs across stocks, indices, bonds, commodities, and cryptocurrencies (depending on location), with leverage up to 1:30/1:500. It excels in its tools, notably the AI-enabled economic calendar covering 25+ countries with impact filters (high, medium, low). However, its commodities offering, particularly in softs like cotton and wheat, as well as the limited precious metal and energy assets, is its weakest area. |
Leverage | |
1:30 (ASIC), 1:500 (VFSC) | 1:30 |
FTSE Spread | |
From 0.0 pips | 1.2 |
GBPUSD Spread< | |
From 0.0 pips | 0.1 |
Oil Spread | |
From 0.0 pips | 0.03 |
Stocks Spread | |
From 0.0 pips | 0.03 (Apple Inc) |
Forex | |
Blueberry Markets clients can speculate on more than 40 forex pairs, encompassing all major and minor crosses, plus some exotic pairings. We found that all orders are executed at market price, with commission-based or spread markup pricing options. | Eightcap offers 50+ currency pairs in line with the industry average but trailing category leaders like CMC Markets with its 300+ currency pairs. However, Eightcap stands out with institutional-level spreads from 0.0 pips on major pairs like the EUR/USD, alongside low $3.50/side commissions. The broker also offers rich forex data to inform trading decisions, including key fundamentals, bullish/bearish indicators and a calendar that tracks key events in the foreign exchange market. |
Assets | |
40+ | 50+ |
GBPUSD Spread | |
From 0.0 pips | 0.1 |
EURUSD Spread | |
From 0.0 pips | 0.0 |
EURGBP Spread | |
From 0.0 pips | 0.1 |
Currency Indices | |
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Cryptocurrency | |
Invest in a modest selection of popular digital currencies including Bitcoin with no hidden fees. However, we have seen many other firms provide access to hundreds of different tokens, so it isn't best for serious crypto investors. | Eightcap’s crypto offering is best-in-class with 120+ crypto derivatives, surpassing that of almost every alternative. Testing also reveals Bitcoin spreads of 12 pips, coming in lower than most competitors. Add in convenient deposits and withdrawals in digital currencies, and Eightcap offers the complete package for serious crypto traders. |
Spread | |
From 0.0 pips | $12 (BTC) |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Blueberry Markets | Eightcap |
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