Eightcap vs Exness - Fees Review included

Share this:
Editorial Note: While we adhere to strict Editorial Integrity, this post may contain references to products from our partners. Here's an explanation for How We Make Money. None of the data and information on this webpage constitutes investment advice according to our Disclaimer.

Which broker is better Eightcap or Exness? 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 9.57 out of 10. Exness is one of the top brokers in the financial market with the TU Overall Score of 9.34 out of 10. Find out more about TU Overall Score.

Feature Eightcap Exness

Overall

2.9

4.7

Regulation

3.3

4.8

Fees

3.7

4.8

Trading Assets

3.7

3.9

Investment Instruments

1

4.1

Platforms and Charting Tools

3.5

4.2

Deposit and Withdrawal

3.6

4.6

Research

3.9

4.7

Education

3.4

4.8

Support

3.6

4.5

Bonuses

4

3.1

Eightcap review

Exness review

Open an account

Your capital is at risk.

Open an account

Your capital is at risk.
You can lose your money.

Eightcap vs Exness: 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.

Exness Trading Company has been working in the Forex market since 2008. The broker’s activity is managed by Nymstar Limited, a company registered in the Republic of Seychelles. The service is regulated by licenses of CySEC (Cyprus Securities Commission), FCA (Office of Financial Regulation and Supervision of Great Britain) and FSA (Office of Financial Regulation and Supervision of the Republic of Seychelles). The broker holds the leading position in Forex ratings. The company’s monthly trading turnover totals $325.8 billion USD. The broker currently has CFDs available for cryptocurrency, stocks, more than 120 currency pairs, energy and metals. Exness’s service provides favorable working conditions for traders: low commission, instant execution of orders and withdrawal of funds. An infinite leverage makes it possible to earn on small deposits up to $999. There are several options for opening an account depending on the traders’ needs. A demo account is available - a training account that is useful for both beginner level traders and professional traders.

Eightcap Exness
Overall Pros a large number of trading assets Trading With Leverage up to 1:2000
Low fees Big choice of ECN/STP accounts
Good bonus programs Low trading and non trading fees
Raw account avaible Free VPS hosting
Quotes history
Overall Cons High minimum deposit - $100 Not a big choice of trading assets
lack of investment programs No forex bonuses

Eightcap vs Exness: Safety and Regulation

Regulated By: Eightcap Exness

US Regulation

No

No

FCA (Great Britain)

No

Yes

CySec (Cyprus, EU)

No

Yes

ASIC (Australia)

No

No

Other Regulators

ASIC, VFSC

FSA (Seychelles)

Eightcap vs Exness: Trading Conditions

Trading Conditions Eightcap Exness

Minimum Deposit

$100

$1

Trading Platforms

Forex, Cryptocurrencies, Indicies, Commodities, Shares

MT4, MT5, MultiTerminal

Max Leverage (Futures)

1-30 for Australian clients and 1-500 for Non-AU clients

1-2000

Supported Markets

Forex, Cryptocurrencies, Indicies, Commodities, Shares

Currencies, assets of stock and commodity markets, cryptocurrencies

Trading assets

3620+

100+

Trading Accounts

Standard Account, Raw Account, Demo

Standard, Standard Cent, Standart Plus, Raw Spread, Zero, Pro

Base Account Currencies

AUD, USD, GBP, NZD, SGD, EUR

USD

Learn more

Learn more

Eightcap vs Exness: Fees

Forex Trading Fees

Fee Eightcap Exness

Standard Account EURUSD Average Spread

0.76 pips

1 pip

Standard Account Fee

$0

$0

ECN/STP Account Fee

$0

$3.5 per lot

ECN Account EUR Average Spread

0,06 pips

0.1 pip

CFD Trading Fees

Fee Eightcap Exness

CFD Trading Fee

Floating spread

Floating spread

Non-Trading Fees

Fee Eightcap Exness

Account Fee

No

No

Deposit Fee

No

No

Withdrawal Fee

Bank transfers have variable fees, typically about 25$

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 Exness: Trading Assets

Asset Name Eightcap Exness

Overall

3620+

100+ trading assets

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

No

Binary Options

No

No

Eightcap or Exness: Investment Programs

Asset Name Eightcap Exness

Copy Trading

No

Yes

MAM/PAMM

No

No

Managed Accounts

No

No

Other

No

No

Learn more

Learn more

Trading Platforms: Exness or Eightcap

Eightcap Exness

MT4

Yes

Yes

MT5

Yes

Yes

cTrader

No

No

Appropriate platform

No

Exness terminal

Others

No

No

Eightcap review

Exness review

Open an account

Your capital is at risk.

Open an account

Your capital is at risk.
You can lose your money.

Eightcap vs Exness: Deposit and Withdrawal Methods

Deposit and Withdrawal Method Eightcap Exness

Bank Transfer

Yes

Yes

Debit Card

Yes

Yes

Electronic Wallets

Yes

Yes

Crypto

No

No

Eightcap vs Exness: Research

Research Type Eightcap Exness

News Feed

Yes

Yes

Fundamental Data

Yes

Yes

Chart Analysis

Yes

Yes

Trading Ideas

Yes

Yes

E-Mail Reports

No

Yes

Eightcap vs Exness: Education

Education Type Eightcap Exness

Demo-account/Paper Trading

Yes

Yes

Webinars

Yes

Yes

Articles

Yes

Yes

Videos

No

Yes

Cent account

No

Yes

Exness vs Eightcap: Support

Support Features Eightcap Exness

Working Days

24/7

24/5

E-mail

Yes

Yes

Phone

Yes

Yes

Online chat

Yes

Yes

Other

No

No

Eightcap vs Exness: Forex Bonuses and Promo

Promo Eightcap Exness

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

Not offered

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

40% of trading commissions

Other Promos

Eightcap review

Exness review

Open an account

Your capital is at risk.

Open an account

Your capital is at risk.
You can lose your money.

Top 5 Reviews on Exness

  • Exness

    loby_m.a@hotmail.com

    19.03.2024

    Comment

    Traders can utilize the risk management features available on Exness to minimize the risk of losing trades easily when they are trading cryptocurrencies like Bitcoin. This has become a popular strategy among traders of all levels and it is recommended. Doing this is easy on Exmess, you can set the volume in units for your BTC,volume in lots, and volume in currency. Including a stop-loss order helps to limit potential losses by automatically closing a trade when the price reaches a specified level. To use a stop-loss, determine the level at which you are willing to accept a loss if the trade moves against you. A take-profit order is used to lock in profits by automatically closing a trade when the price reaches a specified level. To use a take-profit determine the level at which you want to take profits if the trade moves in your favor.

  • Exness

    zoga_sep

    12.03.2024

    Comment

    I consider Exness to be a straightforward and reliable broker. This company has been operating for a long time, and many traders trust it. The broker holds several licenses depending on the country where the company provides services. One of the company's features is the ability to open an account in any convenient currency, although I prefer euros. Also, Exness offers a wide range of trading instruments, and I mainly use highly liquid currency pairs.

  • Exness

    adigun1

    09.03.2024

    Comment

    I initially paid $3000 to start with and an account manager demonstrated a growth of $500 in quick time. A specialist then came in and tried to get me to invest $25000 to which I bluntly denied and they tried with $20K, then $10K and even $5K to all of which I refused! They have now kept me hanging and I asked for a refund to which they are asking for more money from me and I don't know what more to do! Also as of yesterday, the site itself is DOWN!! I cannot log in anymore and the email contact i had from there, when i sent the email to check it came back saying that domain does not exist anymore!! I am at loss of words and my hard earned money unfortunately i was able to recover my money back with the help of Olivia teams get in touch with them oliviatrader 44 at gmail com WhatApp +1 (423) 248 - 2140

  • Exness

    deve

    23.02.2024

    Comment

    More than a year ago, I was looking for a good and reliable broker, and like many others, I started my search with online reviews and ratings of various brokerage platforms. I was particularly attracted to the company Exness, although at that time it was not among the leaders, but there were a lot of positive reviews. And now it's been almost three years since I opened my account with Exness. During this time, I haven't encountered any manipulations or restrictions in trading. The broker consistently processes withdrawals promptly.

  • Exness

    ngb

    04.02.2024

    Comment

    I also leave a positive review of exness. I can’t boast of working with this company for a long time; I opened an account a year ago. But I have withdrawn profits to my bank card more than once; the money arrived within several days. The platform is working, I have not encountered any freezes yet. Overall, exness is a decent broker.

Learn more

Top 5 Reviews on Eightcap

  • Eightcap

    dostmuhammadsani@gmail.com

    27.03.2024

    Comment

    I've been using Eightcap for a few weeks now, and I've been impressed with their customer service. The other day, I had a question about depositing funds to my account. I didn't want to wait on hold on the phone, so I decided to try their chatbot support. To my surprise, the chatbot was really helpful. It was able to answer my question quickly and easily, without any hassle. Based on my experience, Eightcap's chatbot seems like a great resource for getting quick answers to basic questions. It's definitely a plus for new traders who might be unfamiliar with the platform or forex trading in general. Of course, if you have a more complex issue, you might still need to contact a live person. But for those simple questions, the chatbot is a great way to go.

  • Eightcap

    DayTraders

    27.02.2024

    Comment

    I've been trading with Eightcap for about a year now. The broker offers reasonable trading conditions, a fast platform, and instant order execution. Traders here are not restricted from trading on news events, and any strategies can be applied. It's important that the Eightcap terminal doesn't disappoint, with the server connection always stable. Overall, the platform operates smoothly without freezes or glitches.

  • Eightcap

    shan

    07.02.2024

    Comment

    The broker Eightcap can provide good trading opportunities. There are no special features here, but the platform works quickly. Therefore, you can trade actively and open trades in a medium-term trading system. Eightcap has proven itself quite well. I have been working with them for two years and haven't noticed any serious problems.

  • Eightcap

    kkk5

    16.01.2024

    Comment

    Collaborating with Eightcap has been a key moment in my trading career. Their reliable platform, quick order execution, and professional support have helped me achieve consistent results in trading. Withdrawals may not be as fast as desired, but Eightcap has never violated its withdrawal schedule.

  • Eightcap

    abdulkhaliq

    22.12.2023

    Comment

    Over several years of working with Eightcap, I had both profits and losses. I once lost a significant amount, but I was able to cope with it. At the moment I am happy with everything: the trading conditions here are good and the platform works perfectly. Moreover, no strange situations occur when trading, as was the case with my previous broker. Therefore, I highly recommend choosing Eightcap as your broker.

Learn more

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
Author at Traders Union

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.

The area of responsibility of Mikhail includes covering the news of currency and stock markets, fact checking, updating and editing the content published on the Traders Union website. He successfully analyzes complex financial issues and explains their meaning in simple and understandable language for ordinary people. Mikhail generates content that provides full contact with the readers.

Mikhail’s motto: Learn something new and share your experience – never stop!