Blueberry Markets vs Eightcap

Blueberry Markets or Eightcap – which is better for UK traders 2024? Compare Blueberry Markets and Eightcap in this detailed breakdown of their platforms, features and fees.

Blueberry Markets vs Eightcap Comparison Table 2024
Blueberry Markets Eightcap
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3
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4.6
Blueberry Markets is ranked #97 among CFD brokers. Eightcap is ranked #4 among CFD brokers.
Blueberry Markets is an Australian-based CFD and forex broker offering 300+ instruments on the MT4 and MT5 platforms. Account holders also get access to DupliTrade, a low-latency VPS and educational materials. Eightcap is an award-winning, FCA-regulated broker offering industry-low trading fees. They are also the highest-rated brand by TradingView’s 50 million-strong users, who can trade directly on the platform. UK traders can sign up for a live account with an accessible £100 minimum deposit.
Pros
  • Multiple payment methods offered making the broker accessible to global traders
  • MetaTrader 4 integration through desktop software, web trader and mobile app
  • Free demo account for prospective users
  • Good execution speed reducing slippage
  • Copy trading through DupliTrade
  • Low minimum deposit of $100
  • 24/7 customer support
  • Forex VPS available
  • Having excelled across all key areas for traders, Eightcap outperformed more than 490 competitors to win our 'Best Overall Broker' award for 2024, also securing our 'Best Crypto Broker' title.
  • With tight spreads from 0 pips, low commission fees, and high leverage up to 1:500 for certain clients, Eightcap provides cost-effective and flexible trading conditions that can accommodate an array of strategies, including trading and scalping.
  • After bolstering its roster in 2021, Eightcap offers one of the most extensive selections of cryptocurrency CFDs in the market, with crypto/fiat pairs, crypto/crypto pairs, plus crypto indices for broader exposure to the market.
  • Eightcap stands out with a selection of powerful trading tools, including MT4 and MT5, the innovative algorithmic trading platform Capitalise.ai, and more recently the 50-million strong social trading network TradingView.
Cons
  • No proprietary trading app
  • Limited bonuses for new traders
  • Narrow selection of CFDs in some asset classes
  • Weak regulatory oversight through the VFSC for global clients
  • In spite of an increasing variety of tools, Eightcap doesn't offer industry favorites like Autochartist or Trading Central, which offer cutting-edge charting analytics, live news, and market insights for short-term traders.
  • Eightcap needs to continue bolstering its suite of instruments to match category leaders like Blackbull Markets with its 26,000+ assets, featuring a particularly weak selection of commodities.
  • The demo account expires after 30 days and can only be extended upon request - a notable inconvenience compared to the likes of XM with its unlimited demo mode.
  • Despite a useful library of educational guides and e-books, Eightcap still trails IG’s comprehensive toolkit for aspiring traders with its dedicated IG Academy app and 18 course categories.
Awards
  • Finalist - Best Online Customer Service 2020 & 2021 - Finder Awards
  • Best Overall Broker 2024 - DayTrading.com
  • Best Cryptocurrency Broker 2024 - DayTrading.com
  • Best Forex Broker 2023 - DayTrading.com
  • Best Cryptocurrency Broker 2023 - DayTrading.com
  • Best MT4/MT5 Broker 2022 - DayTrading.com
  • Best Customer Service Broker 2021 - Global Brands Magazine
  • Best Global Forex MT4 Broker 2020 - Global Forex Awards
FCA Regulated
No

List of FCA Regulated Brokers

Yes
Instruments
CFDs, Forex, Stocks, Cryptos, Commodities CFDs, Forex, Stocks, Indices, Commodities
Demo Account
Yes Yes
Minimum Deposit
$100 $100
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
ASIC, VFSC ASIC, FCA, xCySEC, SCB
Mobile Apps
iOS & Andriod iOS & Android
Trading App

Eightcap supports the MT4, MT5 and TradingView apps, catering to mobile traders looking for advanced charting tools. While we don’t love the increasingly outdated design of the MetaTrader suite, its dozens of technical indicators and drawing tools, multiple charting styles, and straightforward overlays in horizontal mode are excellent. The push notifications and active social network on the TradingView app are also valuable additions for aspiring traders and Eightcap has published helpful videos on connecting TradingView accounts to iOS and Android devices.

iOS App Rating
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4.8
Android App Rating
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4.4
Margin Trading
Yes Yes
MetaTrader 4
Yes No
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
No No
STP Account
No No
ECN Account
Yes Yes
DMA Account
No No
MAM Account
Yes Yes
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader TradingView Bots
Copy Trading
Yes No
Copy Trading Platform
Copy the trades of pro investors via the DupliTrade platform. Select, modify, or remove strategies from your portfolio with just a few clicks.
Social Trading
Yes Yes
Trade Signals
Yes
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $0
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • SGD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • SGD
Commodities
  • Gold
  • Silver
  • Platinum
  • Oil
  • Gold
  • Silver
  • Oil
  • Palladium
  • Zinc
  • Nickel
  • Platinum
CFD
Blueberry Markets offers access to 300+ CFD products, spanning commodities, stocks, indices and currencies. These products are available with leverage rates up to 1:500, with competitive STP and ECN pricing models. Eightcap offers a wide range of trading options with 800+ CFDs across stocks, indices, bonds, commodities, and cryptocurrencies (depending on location), with leverage up to 1:30/1:500. It excels in its tools, notably the AI-enabled economic calendar covering 25+ countries with impact filters (high, medium, low). However, its commodities offering, particularly in softs like cotton and wheat, as well as the limited precious metal and energy assets, is its weakest area.
Leverage
1:30 (ASIC), 1:500 (VFSC) 1:30
FTSE Spread
From 0.0 pips 1.2
GBPUSD Spread<
From 0.0 pips 0.1
Oil Spread
From 0.0 pips 0.03
Stocks Spread
From 0.0 pips 0.03 (Apple Inc)
Forex
Blueberry Markets clients can speculate on more than 40 forex pairs, encompassing all major and minor crosses, plus some exotic pairings. We found that all orders are executed at market price, with commission-based or spread markup pricing options. Eightcap offers 50+ currency pairs in line with the industry average but trailing category leaders like CMC Markets with its 300+ currency pairs. However, Eightcap stands out with institutional-level spreads from 0.0 pips on major pairs like the EUR/USD, alongside low $3.50/side commissions. The broker also offers rich forex data to inform trading decisions, including key fundamentals, bullish/bearish indicators and a calendar that tracks key events in the foreign exchange market.
Assets
40+ 50+
GBPUSD Spread
From 0.0 pips 0.1
EURUSD Spread
From 0.0 pips 0.0
EURGBP Spread
From 0.0 pips 0.1
Currency Indices
  • USD
Cryptocurrency
Invest in a modest selection of popular digital currencies including Bitcoin with no hidden fees. However, we have seen many other firms provide access to hundreds of different tokens, so it isn't best for serious crypto investors. Eightcap’s crypto offering is best-in-class with 250+ crypto derivatives, surpassing that of almost every alternative. Testing also reveals Bitcoin spreads of 12 pips, coming in lower than most competitors, while it offers real-time trading ideas through the Crypto Crusher market scanner. Add in convenient deposits and withdrawals in digital currencies, and Eightcap offers the complete package for serious crypto traders.
Spread
From 0.0 pips $12 (BTC)
Coins
  • BTC
  • LTC
  • ETH
  • XRP
  • BCH
  • BTC
  • ETH
  • LTC
  • BCH
  • XRP
  • XMR
  • DSH
  • EOS
  • XLM
  • ADA
  • TRX
  • DOGE
  • BNB
  • DOT
  • MATIC
  • VET
  • AXS
  • NEO
  • SOL
  • UNI
  • AAVE
  • KSM
  • THETA
  • CAKE
  • SUSHI
  • ATOM
  • XTZ
  • SNX
  • COMP
  • FLOW
  • EGLD
  • PUNDIX
  • RAY
  • ZIL
  • QTUM
  • BAND
  • OMG
  • FIDA
  • BADGER
  • NEAR
  • ONT
  • KNC
  • SHIB
  • MTL
  • CLV
  • BAT
  • XEM
  • STMX
  • CHR
  • WAVES
  • FTM
  • AUDIO
  • TOMO
  • MRK
  • GRT
  • ENJ
  • CRV
  • RUNE
  • DAWN
  • DODO
  • HOT
  • ZEC
  • 1INCH
  • HBAR
  • AVAX
  • PROM
  • ALPHA
  • LINA
  • CEL
  • SXP
  • SAND
  • CREAM
  • ICP
  • FIL
  • PAXG
  • DENT
  • REN
  • REEF
  • LRC
  • PERP
  • STORJ
  • IOTA
  • ALCX
  • ALGO
  • LINK
  • MANA
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Blueberry Markets Eightcap
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