EightCap and Plus500 square off on regulation, fees, and platform breadth. The axis of tension centers on platform access and overall cost.
Find out which broker best suits your trader profile.
Choose if…
Choose EightCap if you want MT4, MT5, cTrader and TradingView on one account.
Choose if…
Choose Plus500 if you want zero-commission trades on a proprietary platform.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.3/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.4 / 5▲ | 4.2 / 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 | Plus500 |
|---|---|---|
| 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 | Pass |
| 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 Plus500 rates 4/5. 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 Plus500's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Both EightCap and Plus500 require a minimum deposit of $100 to open a live trading account.
Both EightCap and Plus500 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, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
EightCap lists maximum leverage of 500:1, while Plus500 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 Plus500 are not currently available. Check their website for up-to-date pricing.
EightCap supports TradingView, cTrader, MetaTrader 4, MetaTrader 5, while Plus500 supports Proprietary Web/Mobile. EightCap has exclusive access to TradingView and cTrader and MetaTrader 4 and MetaTrader 5. Plus500 has exclusive access to Proprietary Web/Mobile.
EightCap offers tighter spreads from 0.00 pips vs 0.60 pips for Plus500, reducing trading costs.
Plus500 wins for safety with broader regulator coverage (FCA, ASIC, CySEC, MAS, CMA) and funds segregation.
EightCap wins for active traders because it supports MT4/MT5, cTrader, and TradingView plus high leverage.
EightCap is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
EightCap wins for platform choice with four major platforms on one account.
Plus500 is best for beginners with a simple proprietary platform and zero-commission trades.
Plus500 offers broader instrument variety with around 2000 tradable instruments.
Fees & Spreads 30% weight | 4.6 / 5▲ | 4.0 / 5 |
|---|
Platforms & Tools 20% weight | 4.5 / 5▲ | 3.7 / 5 |
|---|
Customer Support 10% weight | 4.2 / 5▲ | 3.9 / 5 |
|---|
| Founded | 2009 | 2008 |
|---|
| Headquarters | Melbourne, Australia | Haifa, Israel |
|---|
| Min Deposit | $100 | $100 |
|---|
| Spreads From | 0 pips▼ lower | 0.6 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 3 months) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerCrypto | Bank transferCredit cardDebit cardPayPalSkrillApple Pay |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerCrypto | Bank transferCredit cardPayPalSkrill |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC FCA SCB | ASIC CySEC CMA FCA MAS |
|---|
| Platforms | TradingView cTrader MetaTrader 4 MetaTrader 5 | 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
LSE-listed providing strong institutional credibility
Zero commission on all trades
Intuitive proprietary platform with a clean mobile app
Negative balance protection across all accounts
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Investor compensation scheme coverage
No deposit fees
Transparent pricing with clear cost disclosure
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
No MT4 or MT5 support
Limited research tools and market analysis
US residents not accepted
No copy trading
No raw spread account option
Inactivity fee applies
No MetaTrader support
Limited charting capabilities
No phone support
EightCap edges Plus500 on editorial score due to stronger platform breadth and higher category scores. Plus500 remains credible but has fewer platform options.
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
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