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FxNet vs Eightcap
Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that.
That said, FxNet currently holds a lower overall rating (3.5) compared to Eightcap (4.1).
FxNet has a lower minimum deposit, at 25.0.
Both platforms offer their clients bonuses, demo accounts, mobile trading, scalping, MAM/PAMM.
Traders should note that
FxNet offers a minimum lot size of 0.01 and a maximum lot size of 20.0, while Eightcap offers 0.1 and 10.0.
Each broker offers an equal maximum leverage of 1:500.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 25.0 | 100.0 |
| Commission | 12.0 | 3.5 |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 5 |
| Minimum lot size | 0.01 | 0.1 |
| Maximum lot size | 20.0 | 10.0 |
| Spread | Variable | Variable |
| Broker type | STP, ECN | STP, ECN, NDD |
| Maximal leverage (1:?) | 500 | 500 |
| Availability | STP, ECN | STP, ECN, NDD |
| Regulation | DGCX (Dubai), CySEC (Cyprus) | FCA (UK), CySEC (Cyprus), ASIC (Australia), SCB (The Bahamas) |
| Trading Platforms | MetaTrader 4 (MT4) | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView |
| Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Moneybookers, WebMoney, cashU, Neteller | Wire Transfer, Credit Card, Debit Card, Paypal, Neteller, UnionPay, Skrill, BPay, Bitcoin, POLi |
| Account Currency | USD, GBP, EUR, CHF, JPY, AUD | USD, GBP, EUR, NZD, CAD, SGD, AUD |
| Languages | English, Spanish, German, Japanese, Italian, Greek, Russian, Chinese | English, Spanish, French, German, Portuguese, Italian, Chinese, Indonesian, Thai, Vietnamese, Korean, Bulgarian |
| Country | Cyprus | Australia |
| Trading platform(s) timezone | Cyprus | Australia, The Bahamas, Bulgaria, China, Cyprus, Vanuatu, United Kingdom, Vietnam |
| Other trading instruments | Futures, Indices, Commodities, CFDs | Stocks, Indices, Commodities, Shares, CFDs, Cryptocurrency, Precious Metals |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
