Eightcap vs AMP Global - Fees Review included
Which broker is better Eightcap or AMP Global? Our expert assessment conducted according to TU’s own methodology showed that Eightcap is one of the top brokers in the financial market with the TU Overall Score of 9.2 out of 10. AMP Global is one of the top brokers in the financial market with the TU Overall Score of 6.59 out of 10. Find out more about TU Overall Score.
| Feature | Eightcap | AMP Global |
|---|---|---|
Overall |
2.9 |
4.2 |
3.3 |
4.8 |
|
3.7 |
4.4 |
|
3.7 |
4.3 |
|
Investment Instruments |
1 |
1 |
Platforms and Charting Tools |
3.5 |
4.6 |
Deposit and Withdrawal |
3.6 |
4.1 |
Research |
3.9 |
3.6 |
Education |
3.4 |
4.3 |
Support |
3.6 |
3.5 |
Bonuses |
4 |
2 |
|
|
Eightcap vs AMP Global: Pros and Cons
Eightcap is regulated by the Australian Securities and Investment Commission (AFSL 443670) and by the Vanuatu Financial Services Commission (reg. no. 40377). Eightcap was incorporated in Melbourne, Australia, and offers its services as an online financial trading organization. Eightcap's line of business is Forex and CFD trading services offered to both retail and institutional clients. Eightcap gives access to one of the most popular trading platforms – MetaTrader 4.
AMP Global is part of the AMP Global Group holding (Chicago, USA). The European subsidiary was established in 2010 to provide services outside North America. The broker is registered in Cyprus and is regulated by the Cyprus Securities and Exchange Commission (CySEC). AMP Global is a member of the Investor Compensation Fund and pays great attention to the safety of clients' funds. Separate accounts in European banks are used for their storage of deposits, which is completely separated from the authorized capital of the broker itself.
| Eightcap | AMP Global | |
|---|---|---|
| Overall Pros | a large number of trading assets | Membership in the Investor Compensation Fund – acts as a guarantee to protect the client's interests in the event of a dispute; |
| Low fees | US and EU Regulated broker | |
| Good bonus programs | No restrictions on trading strategies | |
| Raw account avaible | Echange traded futures support, access to SME, EUREX, ICE and other exchanges | |
| Low fees | ||
| Overall Cons | High minimum deposit - $100 | The minimum deposit is USD / EUR / GBP 100 |
| lack of investment programs | No zero spreads | |
| There are no micro (cent) accounts | ||
| No direct stock trading (Only CFDs) | ||
| Not a big choice of supported assets |
Eightcap vs AMP Global: Safety and Regulation
| Eightcap | AMP Global | |
|---|---|---|
Max. Regulation Level |
Tier-1 |
Tier-1 |
Investor protection |
£85,000 €20,000 |
€20,000 (EU) £85,000 (UK) €100,000 (DE) €100,000 (ES) |
FCA UK Regulation |
Yes |
Yes |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
No |
Yes |
ASIC (Australia) |
Yes |
No |
CFTC (U.S) |
No |
No |
MAS |
No |
No |
FSCA SA |
No |
No |
BVI FSC |
No |
No |
VFSC |
No |
No |
FSA (Seychelles) |
No |
No |
Eightcap vs AMP Global: Trading Conditions
| Trading Conditions | Eightcap | AMP Global |
|---|---|---|
Minimum Deposit |
$100 |
$100 |
Trading Platforms |
Forex, Cryptocurrencies, Indicies, Commodities, Shares |
MT4, MT5, StereoTrader 2.5 based on MT5, web terminal |
Max Leverage (Futures) |
1-30 for Australian clients and 1-500 for Non-AU clients |
1-100 |
Supported Markets |
Forex, Cryptocurrencies, Indicies, Commodities, Shares |
Currencies, cryptocurrencies, CFDs on indices, stocks, exchange futures, metals, energy |
Trading assets |
3620+ |
150+ |
Trading Accounts |
Standard Account, Raw Account, Demo |
Demo, Trading, Corporate, Islamic |
Base Account Currencies |
AUD, USD, GBP, NZD, SGD, EUR |
USD, EUR, GBP |
Eightcap vs AMP Global: Fees
| Eightcap | AMP Global | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,4 |
0,25 |
Standard acc. spread EUR/USD, max pips |
1,5 |
0,4 |
ECN Commission |
3,5 |
3 |
ECN Spread EUR/USD |
0,1 |
0,12 |
Deposit fee, % |
No |
No |
Withdrawal fee, % |
No |
No |
Withdrawal fee, USD |
No |
No |
Inactivity fee, $ |
No |
No |
A conversion fee may be applied as withdrawals and deposits are conducted in USD. Any other currency will have to be converted.
Eightcap vs AMP Global: Trading Assets
| Asset Name | Eightcap | AMP Global |
|---|---|---|
Overall |
3620+ |
150+ |
Forex |
Yes |
Yes |
Stocks |
Yes |
Yes (CFD) |
Metals |
Yes |
Yes (CFD) |
Cryptocurrencies |
Yes |
Yes (CFD) |
Energy |
Yes (CFD) |
Yes (CFD) |
Indices |
Yes |
Yes (CFD) |
ETFs |
No |
No |
Bonds |
No |
No |
Mutual funds |
No |
No |
Stock options |
No |
No |
Futures Trading |
Yes |
Yes |
Binary Options |
No |
No |
Eightcap or AMP Global: Investment Programs
| Asset Name | Eightcap | AMP Global |
|---|---|---|
Copy Trading |
No |
No |
MAM/PAMM |
No |
No |
Managed Accounts |
No |
No |
Other |
No |
No |
Trading Platforms: AMP Global or Eightcap
| Eightcap | AMP Global | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
No |
StereoTrader 2.5 |
Others |
No |
No |
|
|
Eightcap vs AMP Global: Deposit and Withdrawal Methods
| Eightcap | AMP Global | |
|---|---|---|
Bank Wire |
Yes |
Yes |
Bank Card |
Yes |
Yes |
Neteller |
Yes |
Yes |
BTC |
Yes |
Yes |
Wise |
No |
No |
Payoneer |
No |
No |
USDT |
Yes |
Yes |
Eightcap vs AMP Global: Research
| Research Type | Eightcap | AMP Global |
|---|---|---|
News Feed |
Yes |
No |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
No |
Eightcap vs AMP Global: Education
| Education Type | Eightcap | AMP Global |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
Yes |
Articles |
Yes |
Yes |
Videos |
No |
Yes |
Cent account |
No |
No |
AMP Global vs Eightcap: Support
| Support Features | Eightcap | AMP Global |
|---|---|---|
Working Days |
24/7 |
24/5 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
No |
Other |
No |
No |
Eightcap vs AMP Global: Forex Bonuses and Promo
| Promo | Eightcap | AMP Global |
|---|---|---|
Forex Bonus |
If you are a new client of Eightcap and you fund your new live trading account with them within 10 days of your account being opened then you are eligible to earn up to a $1,000 trading credit bonus which you can also convert into real equity at a rate of $1 for every standard FX lot when you trade; $30 No-deposit bonus |
No |
Affiliate Program |
You can refer your followers and customers to earn passive income, with rebates up to $6 USD per lot and CPAs up to $900 USD |
Yes |
Other Promos |
||
|
|
Top 5 Reviews on AMP Global
-
Comment
AMP Global is regulated in over 10 jurisdictions, including the FCA (UK), BaFin (Germany), and CySec (Cyprus), which sets the broker apart from competitors. In case of disputes, compensation can reach up to €20,000 or even £85,000 for UK clients. However, account registration requires a comprehensive set of documents, and the minimum deposit of 100 USD/GBP/EUR may not be ideal for beginners with a limited budget.
-
Comment
AMP Global provides access to trading futures, currencies, metals, and indices on the MT5 platform and web terminal. The minimum deposit at AMP Global is 100 USD, EUR, or GBP. The EUR/USD spread ranges from 0.25 to 0.4 pips, and the minimum lot size is 0.01. The platform supports trading via a mobile app and offers three types of accounts: standard, corporate, and Islamic. This provides sufficient options for individuals and companies, although the absence of micro accounts and investment programs may limit some traders.
-
Comment
Amp Global works stably and I haven’t noticed any major glitches. Support responds to requests, not instantly of course, but within a few hours. I deposited profits without problems during the day. There is a way to deposit and withdraw funds without fees. At the very beginning of my trading, I lost almost $800, but solely due to my stupidity. Now I’ve already restored everything, and even made a small profit. I recommend amp Global to everyone.
-
Comment
Previously, AMP Global worked fine. It was pleasant to collaborate with them, and trading was going smoothly. I don't know what happened, but now the broker has become downright awful. There are some new conditions where a seemingly successful trade can end up in a loss. Payment delays are becoming more frequent. And the support from AMP Global, that's a whole other problem. They may respond the next day or not respond at all. If six months ago I would have given them a solid four, now they wouldn't even get three points. I'm leaving the broker.
-
Comment
Everything was good, and there were no signs of trouble. I registered with AMP Global, the support was friendly and polite. However, when I started trading, I discovered many drawbacks. Firstly, there is a terrible quote divergence; it feels like they always change in the opposite direction as soon as I have a small profit. Also, it's hard not to notice the wide spreads, which can be as much as 20 points without any news releases. For a serious broker, this is very strange and suspicious.
Top 5 Reviews on Eightcap
-
Comment
Eightcap provides a high level of protection — negative balance is excluded, margin call triggers at 80%, and stop out at 50%. Trading is conducted through popular terminals and covers CFDs on more than 800 assets. The minimum deposit is $100, which is average for the market, but the lack of investor programs and passive income options reduces the broker’s versatility. It’s also worth noting that spreads on standard accounts can reach up to 1 pip, despite the advertised from 0.1 pips. Overall, Eightcap is aimed at active traders focused on analysis and their own decisions.
-
Comment
Eightcap is a brokerage platform offering a minimum order size of 0.01 lots and a wide range of CFD contracts. One of the company’s strongest advantages is its licensing in the UK, Australia, Cyprus, and the Bahamas. Available account types include Standard, Raw, and Demo, with the demo account provided free for 30 days. The absence of a partnership program and promotional contests may limit its appeal to some users. Nevertheless, the high-quality educational materials and real-time analytics make Eightcap a solid choice for traders focused on independent trading.
-
Comment
Eightcap is regulated by four authorities, including the FCA (with up to £85,000 in fund protection), making it one of the safest options on the market. Spreads on the EUR/USD pair start from 0.1 pips, and leverage is available up to 1:500. However, the company does not offer bonus programs or promotional deals, setting it apart from competitors with more aggressive marketing strategies. Trading is available in USD, EUR, GBP, AUD, and other currencies, and deposits are supported through more than 10 payment systems, including PayPal and cryptocurrencies. Eightcap focuses on a stable infrastructure rather than entertainment features.
-
Comment
Eightcap offers trading on more than 800 instruments, including currency pairs, cryptocurrencies, indices, and commodities. The minimum deposit is $100, which might be a barrier for beginners. The broker supports MT4, MT5, and TradingView platforms, with spreads starting from 0.1 pips. However, there are no PAMM accounts or copy trading options, so it may not suit passive investors. On the plus side, regulation by the FCA, ASIC, and CySEC indicates a high level of reliability. Customer support is consistent, though a full set of documents is required to open an account.
-
Comment
I really like trading with Eightcap. The conditions are quite favorable - spreads are adequate, commissions are not stifling, and everything is transparent. I would like to emphasize order execution: everything happens smoothly, without delays and unexpected slippages, which is especially important when trading actively. The interface is clear, the platform works stably - it does not freeze at the wrong moment, as it happened to me with other brokers. Input and withdrawal are also carried out without any problems. So far, everything is satisfactory, and there are no serious reasons for dissatisfaction. So at the moment it is quite a decent option for those who want to trade confidently and without constant minor annoyances.
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.