TenkoFX vs Eightcap

Both forex brokers have built a positive reputation, and feedback from our members supports that. That said, TenkoFX currently holds a stronger overall rating (4.7) than Eightcap (4.1). TenkoFX has a lower minimum deposit, at 10.0. Both platforms offer their clients bonuses, demo accounts, mobile trading, scalping, MAM/PAMM. Traders should note that TenkoFX offers a minimum lot size of 0.01 and a maximum lot size of 1000.0, 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.
Overall Rating: Platform: Pricing: Customer service: Features:
4.7/5 (20 reviews)
4.7/5
4.7/5
4.7/5
4.7/5
4.1/5 (46 reviews)
4.4/5
4/5
4.1/5
4.1/5
Minimum deposit ($) 10.0 100.0
Commission 0.0 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 1000.0 10.0
Spread Variable Variable
Broker type STP, ECN STP, ECN, NDD
Maximal leverage (1:?) 500 500
Availability STP, ECN STP, ECN, NDD
Regulation No Regulation FCA (UK), CySEC (Cyprus), ASIC (Australia), SCB (The Bahamas)
Trading Platforms MetaTrader 4 (MT4), Web Platform, Mobile Platform MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView
Funding/Withdrawal methods Wire Transfer, Credit Card, Debit Card, Neteller, UnionPay, Skrill, FasaPay, Qiwi Wire Transfer, Credit Card, Debit Card, Paypal, Neteller, UnionPay, Skrill, BPay, Bitcoin, POLi
Account Currency USD, EUR, RUR USD, GBP, EUR, NZD, CAD, SGD, AUD
Languages English, Russian English, Spanish, French, German, Portuguese, Italian, Chinese, Indonesian, Thai, Vietnamese, Korean, Bulgarian
Country Belize Australia
Trading platform(s) timezone Russia Australia, The Bahamas, Bulgaria, China, Cyprus, Vanuatu, United Kingdom, Vietnam
Other trading instruments CFDs Stocks, Indices, Commodities, Shares, CFDs, Cryptocurrency, Precious Metals
spreads
EUR/USD - -
GBP/USD - -
USD/JPY - -
USD/CAD - -
XAU/USD - -

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