Eightcap vs Pacific Union - Fees Review included
Which broker is better Eightcap or Pacific Union? 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. Pacific Union is one of the top brokers in the financial market with the TU Overall Score of 6.4 out of 10. Find out more about TU Overall Score.
| Feature | Eightcap | Pacific Union |
|---|---|---|
Overall |
2.9 |
1.6 |
3.3 |
1.2 |
|
3.7 |
1.7 |
|
3.7 |
1.9 |
|
Investment Instruments |
1 |
1.4 |
Platforms and Charting Tools |
3.5 |
1.5 |
Deposit and Withdrawal |
3.6 |
1.8 |
Research |
3.9 |
1.6 |
Education |
3.4 |
1.5 |
Support |
3.6 |
1.7 |
Bonuses |
4 |
2.3 |
|
|
|
Eightcap vs Pacific Union: 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.
Pacific Union was launched in 2015, and it currently can be named among the world-leading online brokerages. Pacific Union offers over 200 assets to trade, including forex, indices, commodities, shares, and cryptos. Here traders can choose from several cutting-edge trading terminals. Pacific Union serves customers from 120 countries and territories offering them top-level multilingual support.
| Eightcap | Pacific Union | |
|---|---|---|
| Overall Pros | a large number of trading assets | Free demo account. |
| Low fees | Deposit fee - 0%. | |
| Good bonus programs | Great bonus programs | |
| Raw account avaible | ||
| Overall Cons | High minimum deposit - $100 | Regulation in offshore jurisdictions |
| lack of investment programs | ECN accounts are not avaible |
Eightcap vs Pacific Union: Safety and Regulation
| Eightcap | Pacific Union | |
|---|---|---|
Max. Regulation Level |
Tier-1 |
Tier-3 |
Investor protection |
£85,000 €20,000 |
No |
FCA UK Regulation |
Yes |
No |
FINRA (U.S) |
No |
No |
BaFin (Germany) |
No |
No |
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 Pacific Union: Trading Conditions
| Trading Conditions | Eightcap | Pacific Union |
|---|---|---|
Minimum Deposit |
$100 |
$50 |
Trading Platforms |
Forex, Cryptocurrencies, Indicies, Commodities, Shares |
MT4, MT5, Mobile |
Max Leverage (Futures) |
1-30 for Australian clients and 1-500 for Non-AU clients |
1-500 |
Supported Markets |
Forex, Cryptocurrencies, Indicies, Commodities, Shares |
Forex, Indices, Metals, Commodities, Shares, Cryptocurrencies |
Trading assets |
3620+ |
166+ |
Trading Accounts |
Standard Account, Raw Account, Demo |
Standard Account, Prime Account, Islamic Account, Cent Account, Demo Account |
Base Account Currencies |
AUD, USD, GBP, NZD, SGD, EUR |
USD, GBP, CAD, AUD, EUR, SGD, NZD, HKD, JPY |
Eightcap vs Pacific Union: Fees
| Eightcap | Pacific Union | |
|---|---|---|
Standard acc. spread EUR/USD, min pips |
0,4 |
0,7 |
Standard acc. spread EUR/USD, max pips |
1,5 |
1,3 |
ECN Commission |
3,5 |
3,5 |
ECN Spread EUR/USD |
0,1 |
0,2 |
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 Pacific Union: Trading Assets
| Asset Name | Eightcap | Pacific Union |
|---|---|---|
Overall |
3620+ |
166+ |
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 Pacific Union: Investment Programs
| Asset Name | Eightcap | Pacific Union |
|---|---|---|
Copy Trading |
No |
No |
MAM/PAMM |
No |
Yes |
Managed Accounts |
No |
No |
Other |
No |
Algorithmic trading |
Trading Platforms: Pacific Union or Eightcap
| Eightcap | Pacific Union | |
|---|---|---|
MT4 |
Yes |
Yes |
MT5 |
Yes |
Yes |
cTrader |
No |
No |
Appropriate platform |
No |
No |
Others |
No |
No |
|
|
|
Eightcap vs Pacific Union: Deposit and Withdrawal Methods
| Eightcap | Pacific Union | |
|---|---|---|
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 Pacific Union: Research
| Research Type | Eightcap | Pacific Union |
|---|---|---|
News Feed |
Yes |
Yes |
Fundamental Data |
Yes |
Yes |
Chart Analysis |
Yes |
Yes |
Trading Ideas |
Yes |
No |
E-Mail Reports |
No |
No |
Eightcap vs Pacific Union: Education
| Education Type | Eightcap | Pacific Union |
|---|---|---|
Demo-account/Paper Trading |
Yes |
Yes |
Webinars |
Yes |
No |
Articles |
Yes |
No |
Videos |
No |
Yes |
Cent account |
No |
No |
Pacific Union vs Eightcap: Support
| Support Features | Eightcap | Pacific Union |
|---|---|---|
Working Days |
24/7 |
24/7 |
Yes |
Yes |
|
Phone |
Yes |
Yes |
Online chat |
Yes |
Yes |
Other |
No |
feedback form |
Eightcap vs Pacific Union: Forex Bonuses and Promo
| Promo | Eightcap | Pacific Union |
|---|---|---|
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 |
Eligible clients will be able to earn up to $10,000 cashback when you deposit and make the required number of transactions during the promotional period; 50% Deposit bonus; Increase your trading profits with next-day cashback of up to US$10,000 when you trade with PU Prime; Get a $50 No Deposit Bonus when you sign up |
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 |
Earn up to $150 cash bonus for every friend you refer and a $100 cash bonus for each of them |
Other Promos |
||
|
|
|
Top 5 Reviews on Pacific Union
-
Comment
Pacific Union traders can choose from several types of live accounts such as Cent, Standard, Professional, Premier, and Islamic accounts with no swaps or interest charges. In addition, the company offers a demo account to test strategies and familiarize themselves with the platform. Such a diverse approach to the selection of accounts shows the broker's desire to take into account the needs of different categories of traders. I am particularly impressed by the company's attention to details, for example, the provision of an Islamic account, which makes its services available for traders with special religious beliefs. Of course, like any company, Pacific Union has its own nuances, but it is definitely close to being a great choice for most traders.
-
Comment
The broker pacific union is quite reliable and the basic functionality is performed without any problems. The trading platform is easy to use and orders are executed quite quickly. Spreads and commissions are at the average level on the market. However, I didn't notice anything special that could make it stand out among the others. Suitable for those looking for stable and reliable performance, but if you're looking for something innovative, it might be worth considering other options.
-
Comment
What I really like about Pacific Union is that the tight spreads combined with low commissions really help minimize trading costs. This is a significant advantage, especially for active traders who value every point of profit. However, there is a disadvantage: residents of Australia, Singapore and some other countries cannot cooperate with this broker. This limits access to the platform for some potential clients, which can certainly be disappointing.
-
Comment
Pacific Union offers traders the opportunity to work with hundreds of different assets, providing high leverage and no trading restrictions. This creates a significant potential for high profits. This approach attracts traders who are eager to actively trade and maximize their profits. However, it is worth noting that the company is limited in providing passive ways to earn money. In addition to copying trades, clients do not have access to options such as joint accounts, cryptocurrency staking and other similar tools. Thus, for those looking for additional ways to earn passive income, Pacific Union may be a less attractive choice. Overall, Pacific Union provides a great opportunity for active traders, but is less suitable for those who prefer passive investment strategies.
-
Comment
Hello everyone. I have been working with Pacific Union for seven months now. I have never experienced any problems both with execution and with trading itself. Withdrawal of funds is fine and problem-free, the broker withdraws everything. Spreads are like everywhere else. I recommend it to everyone! Try it, because if you don’t try it yourself, you won’t understand.
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.