Two brokers, two regulatory setups and different platform ecosystems set the stage for EightCap vs Trade Nation. The tension centers on cost, access, and protection for client funds.
Find out which broker best suits your trader profile.
Choose if…
Choose EightCap if you want MT4/MT5, cTrader, and TradingView on one account with raw spreads from 0 pips and $7 per lot.
Choose if…
Choose Trade Nation if you prefer fixed spreads from 0.6 pips with no minimum deposit and a simple cost structure.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.3/ 5 | 4.1/ 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 | Trade Nation |
|---|---|---|
| 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 | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
The scores are close: EightCap rates 4.3/5 and Trade Nation rates 4.1/5. 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 Trade Nation's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Trade Nation has no minimum deposit, while EightCap requires at least $100. This makes Trade Nation more accessible for traders with limited starting capital.
Both EightCap and Trade Nation 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: Trade Nation has no minimum deposit, removing the capital barrier entirely, 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 Trade Nation lists up to 500:1. 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 Trade Nation are not currently available. Check their website for up-to-date pricing.
EightCap supports cTrader, MetaTrader 5, TradingView, MetaTrader 4, while Trade Nation supports Proprietary Web/Mobile, MetaTrader 4. Both provide MetaTrader 4. EightCap has exclusive access to cTrader and MetaTrader 5 and TradingView. Trade Nation has exclusive access to Proprietary Web/Mobile.
EightCap offers tighter spreads from 0.00 pips vs 0.60 pips for Trade Nation, reducing trading costs.
Equally matched, both have FCA and ASIC oversight with segregated funds and compensation schemes.
EightCap is better for active traders due to its four platforms and raw spreads.
EightCap is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
EightCap wins with MT4/MT5, cTrader, and TradingView on one account.
Trade Nation offers no minimum deposit and simple fixed spreads.
Trade Nation offers 1000 instruments versus EightCap's 800.
Fees & Spreads 30% weight | 4.6 / 5▲ | 4.2 / 5 |
|---|
Platforms & Tools 20% weight | 4.5 / 5▲ | 3.9 / 5 |
|---|
Customer Support 10% weight | 4.2 / 5▲ | 3.9 / 5 |
|---|
| Founded | 2009 | 2014 |
|---|
| Headquarters | Melbourne, Australia | London, United Kingdom |
|---|
| Min Deposit | $100 | No minimum▼ lower |
|---|
| Spreads From | 0 pips▼ lower | 0.6 pips |
|---|
| Commission / lot | $7/lot | N/A |
|---|
| 0.7 pips | N/A |
| Max Leverage | 500:1 | 500:1 |
|---|
| Inactivity Fee | $10/month (after 12 months) | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerCrypto | Bank transferCredit cardDebit card |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerCrypto | Bank transferCredit card |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC FCA SCB | ASIC FCA |
|---|
| Platforms | cTrader MetaTrader 5 TradingView MetaTrader 4 | Proprietary Web/Mobile MetaTrader 4 |
|---|
| 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
Fixed spreads from 0.6 pips with no commission
No minimum deposit and no inactivity fee
Strong FCA and ASIC multi-region regulation
Simple, transparent cost structure ideal for cost-conscious traders
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
24/5 live chat support
Phone support available
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
Limited asset classes, no stocks or ETF CFDs
Proprietary platform is basic compared to MT4/MT5
Fixed spreads widen significantly during major news events
No raw spread account option
No MetaTrader support
EightCap scores higher overall than Trade Nation, reflecting its broader platform suite and dual regulation. EightCap offers MT4, MT5, cTrader, and TradingView on one account, while Trade Nation relies on MT4 and a proprietary platform with fixed spreads.
Dig deeper into each broker’s features, fees, and regulation.
Score 4.1 / 5
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