Eightcap vs EagleFX

Eightcap or EagleFX – which is better for UK traders 2025? Compare Eightcap and EagleFX in this detailed breakdown of their platforms, features and fees.

Eightcap vs EagleFX Comparison Table 2025
Eightcap EagleFX
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4.6
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4.1
Eightcap is ranked #8 among CFD brokers. EagleFX is ranked #27 among CFD brokers.
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. EagleFX is an ECN/STP broker that offers spot forex and CFD trading on a small collection of 170+ assets to active traders worldwide. The catch is that it’s registered in the weakly regulated jurisdiction of the Commonwealth of Dominica, providing limited safeguards.
Pros
  • Having excelled across all key areas for traders, Eightcap outperformed every competitor to win our 'Best Overall Broker' award for 2024, also securing our 'Best Crypto Broker' title.
  • With tight spreads from 0 pips, low commission fees, and high leverage up to 1:500 for certain clients, Eightcap provides cost-effective and flexible trading conditions that can accommodate an array of strategies, including trading and scalping.
  • After bolstering its roster in 2021, Eightcap offers one of the most extensive selections of cryptocurrency CFDs in the market, with crypto/fiat pairs, crypto/crypto pairs, plus crypto indices for broader exposure to the market.
  • Eightcap stands out with a selection of powerful trading tools and resources, including MT4 and MT5, the innovative algorithmic trading platform Capitalise.ai, and more recently the 50-million strong social trading network TradingView.
  • EagleFX offers high leverage up to 1:500 on forex trading, which is particularly advantageous for traders seeking higher potential returns, though it also entails increased risk.
  • EagleFX has introduced Bitcoin deposits and expedited withdrawals, which can be processed in under 30 minutes, significantly faster than the majority of brokers we’ve evaluated.
  • EagleFX offers 24/7 support (no phone option) that performed well during testing and 30+ cryptos, making it well-suited for traders navigating volatile crypto markets.
  • EagleFX requires only $10 to open an account, making it accessible for beginners or those who want to start trading with minimal risk.
  • EagleFX offers an unlimited MT4 demo account and zero inactivity fees, making it attractive to traders seeking a risk-free environment to develop trading strategies.
Cons
  • In spite of an increasing variety of tools, Eightcap doesn't offer industry favorites like Autochartist or Trading Central, which offer cutting-edge charting analytics, live news, and market insights for short-term traders.
  • Eightcap needs to continue bolstering its suite of instruments to match category leaders like Blackbull Markets with its 26,000+ assets, featuring a particularly weak selection of commodities.
  • The demo account expires after 30 days and can only be extended upon request - a notable inconvenience compared to the likes of XM with its unlimited demo mode.
  • Despite a useful library of educational guides and e-books in Labs, Eightcap still trails IG’s comprehensive toolkit for aspiring traders with its dedicated IG Academy app and 18 course categories.
  • EagleFX is not regulated by any major financial authority, which could leave traders without protections such as compensation schemes in case of disputes or insolvency.
  • EagleFX still only offers MetaTrader 4 (MT4) and lacks support for other increasingly popular platforms like MetaTrader 5 (MT5), cTrader, or TradingView, limiting flexibility for traders with specific preferences.
  • EagleFX seriously needs to step up its education with extremely basic guides and no learning articles added since 2022, made worse by the lack of market insights from analysts.
  • The range of 170+ instruments on the EagleFX platform will be extremely limiting for advanced traders, especially compared to category leaders like Blackbull with its 26,000+ tradable assets.
Awards
  • Best Overall Broker 2024 - DayTrading.com
  • Best Cryptocurrency Broker 2024 - DayTrading.com
  • Best Forex Broker 2023 - DayTrading.com
  • Best Cryptocurrency Broker 2023 - DayTrading.com
  • Best MT4/MT5 Broker 2022 - DayTrading.com
FCA Regulated
Yes No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Stocks, Indices, Commodities CFDs, Forex, Stocks, Indices, Commodities, Crypto
Demo Account
Yes Yes
Minimum Deposit
£100 $10
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC, FCA, CySEC, SCB
Mobile Apps
iOS & Android 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.

EagleFX doesn’t offer a proprietary app, but you can trade through the trusty MetaTrader 4 mobile and tablet application. You’ll get EagleFX’s competitive trading conditions, notably up to 1:500 leverage and ECN pricing with spreads from 0.1 pips. However, don’t expect excellent mobile support or integrated market insights and educational guides on the go.

iOS App Rating
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4.8
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4.8
Android App Rating
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4.4
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4.4
Margin Trading
Yes Yes
MetaTrader 4
No Yes
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes No
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No Yes
ECN Account
Yes Yes
DMA Account
No No
MAM Account
Yes No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
TradingView Bots Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
Yes No
Trade Signals
Yes MT4
VPS Hosting
Yes No
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
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • SGD
  • USD
  • EUR
  • GBP
Commodities
  • Gold
  • Silver
  • Oil
  • Palladium
  • Zinc
  • Nickel
  • Platinum
  • Gold
  • Silver
  • Oil
  • Platinum
CFD
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. EagleFX offers just 100+ CFD instruments, but it stands out with its high leverage up to 1:500, round turn commissions coming in at $6 alongside competitive spreads, and support for trading strategies like scalping.
Leverage
1:30 1:500
FTSE Spread
1.2 1.2
GBPUSD Spread<
0.1 1.9
Oil Spread
0.03 0.09
Stocks Spread
0.03 (Apple Inc) Variable
Forex
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. EagleFX facilitates short-term trading on over 50 major, minor and exotic currency pairs with competitive spreads as low as 0.1 pips, plus the industry-leading MT4 platform, which delivers a host of charting tools for traders, including 9 timeframes and over 30 indicators.
Assets
50+ 50+
GBPUSD Spread
0.1 0.9
EURUSD Spread
0.0 0.8
EURGBP Spread
0.1 0.9
Currency Indices
  • USD
Cryptocurrency
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. EagleFX’s strongest offering is its 30+ crypto pairs, including major tokens like Bitcoin, Ethereum and Ripple. However, where it shines is its convenient Bitcoin deposits and withdrawals, taking less than 30 minutes, paired with its 24/7 support, catering to active crypto traders.
Spread
$12 (BTC) Floating
Coins
  • BTC
  • ETH
  • LTC
  • BCH
  • XRP
  • XMR
  • DSH
  • EOS
  • XLM
  • ADA
  • TRX
  • DOGE
  • BNB
  • DOT
  • MATIC
  • VET
  • AXS
  • NEO
  • SOL
  • UNI
  • AAVE
  • KSM
  • THETA
  • CAKE
  • SUSHI
  • ATOM
  • XTZ
  • SNX
  • COMP
  • FLOW
  • EGLD
  • PUNDIX
  • RAY
  • ZIL
  • QTUM
  • BAND
  • OMG
  • FIDA
  • BADGER
  • NEAR
  • ONT
  • KNC
  • SHIB
  • MTL
  • CLV
  • BAT
  • XEM
  • STMX
  • CHR
  • WAVES
  • FTM
  • AUDIO
  • TOMO
  • MRK
  • GRT
  • ENJ
  • CRV
  • RUNE
  • DAWN
  • DODO
  • HOT
  • ZEC
  • 1INCH
  • HBAR
  • AVAX
  • PROM
  • ALPHA
  • LINA
  • CEL
  • SXP
  • SAND
  • CREAM
  • ICP
  • FIL
  • PAXG
  • DENT
  • REN
  • REEF
  • LRC
  • PERP
  • STORJ
  • IOTA
  • ALCX
  • ALGO
  • LINK
  • MANA
  • BTC
  • ETH
  • ADA
  • EOS
  • DASH
  • DOGE
  • ETC
  • EDO
  • ETP
  • USDT
  • NEO
  • XRP
  • ZEC
  • DOT
  • SOL
  • XTZ
  • LTC
  • OMG
  • IOTA
  • IOST
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Eightcap EagleFX
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