EightCap and eToro face off in a clash of platforms and pricing. Traders weigh raw spreads, MT4/MT5 access, and a proprietary platform in this close matchup.
Find out which broker best suits your trader profile.
Choose if…
Choose EightCap if you want MT4/MT5 access and raw spreads with a $7/lot commission.
Choose if…
Choose eToro if you prefer a proprietary platform and a social trading focus.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.3/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.4 / 5▲ | 4.3 / 5 |
Pros
MT4, MT5, cTrader, and TradingView all available on one account
Capitalise.ai code-free automation included at no extra cost
ASIC (391441) and FCA (921296) dual regulation
Razor account: raw EUR/USD from 0.0 pips at $7 round-turn commission
No minimum deposit on Standard account
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | EightCap | eToro |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Fail |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Pass |
The scores are close: EightCap rates 4.3/5 and eToro rates 4.2/5. EightCap has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
EightCap starts from 0 pips, tighter than eToro's 1 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
eToro has $50, while EightCap requires at least $100. This makes eToro more accessible for traders with limited starting capital.
Both EightCap and eToro hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: eToro requires a lower minimum deposit ($50), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
EightCap lists maximum leverage of 500:1, while eToro lists up to 30:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
EightCap charges $7 per lot on commission-based accounts. Commission details for eToro are not currently available. Check their website for up-to-date pricing.
EightCap supports cTrader, MetaTrader 5, TradingView, MetaTrader 4, while eToro supports Proprietary Web/Mobile. EightCap has exclusive access to cTrader and MetaTrader 5 and TradingView and MetaTrader 4. eToro has exclusive access to Proprietary Web/Mobile.
EightCap offers tighter spreads from 0.00 pips vs 1.00 pips for eToro, reducing trading costs.
Equally matched for safety and regulation given segregated funds and multi-jurisdiction oversight.
EightCap is better for active traders due to no inactivity fee and MT4/MT5 access.
EightCap is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
EightCap wins for platform choice with MT4/MT5, cTrader, and TradingView on one account.
eToro is best for beginners due to social trading and user-friendly platform.
Fees & Spreads 30% weight | 4.6 / 5▲ | 3.9 / 5 |
|---|
Platforms & Tools 20% weight | 4.5 / 5▲ | 4.4 / 5 |
|---|
Customer Support 10% weight | 4.2 / 5 | 4.2 / 5 |
|---|
| Founded | 2009 | 2007 |
|---|
| Headquarters | Melbourne, Australia | Tel Aviv, Israel |
|---|
| Min Deposit | $100 | $50▼ lower |
|---|
| Spreads From | 0 pips▼ lower | 1 pips |
|---|
| Commission / lot | $7/lot | N/A |
|---|
| 0.7 pips | N/A |
| Max Leverage | 500:1▲ higher | 30:1 |
|---|
| Inactivity Fee | $10/month (after 12 months) | $10/month (after 12 months) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerCrypto | Bank transferCredit cardDebit cardPayPalSkrillApple PayGoogle Pay |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerCrypto | Bank transferCredit cardPayPalSkrill |
|---|
| Withdrawal Fee | Free | USD 5 per withdrawal |
|---|
| Regulators | ASIC FCA SCB | ASIC CMVM AMF CySEC FCA FSRA MFSA HCMC CNB MNB KNF FSC FSA Seychelles Finansinspektionen CMA Finanstilsynet Finanstilsynet ASF |
|---|
| Platforms | cTrader MetaTrader 5 TradingView MetaTrader 4 | Proprietary Web/Mobile |
|---|
| Active bonuses |
|---|
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
Social and copy trading leader
Multi-asset (stocks, crypto, FX)
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
Mobile trading app available
Proprietary trading platform available
24/5 live chat support
Multilingual customer support
Cons
$100 minimum on Razor ECN account
Shorter public track record than IC Markets or Pepperstone
Research and educational content thinner than larger peers
Not available to US residents
No proprietary platform
Cons
Wider FX spreads
Withdrawal fee
No raw spread account option
Inactivity fee applies
No MetaTrader support
Limited charting capabilities
Pricing transparency could be improved
No phone support
EightCap and eToro are closely matched; EightCap's MT4/MT5 access is the clearest differentiator.
Dig deeper into each broker’s features, fees, and regulation.
Score 4.2 / 5
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