Plus500 vs Eightcap
Plus500 or Eightcap – which is better for UK traders 2025? Compare Plus500 and Eightcap in this detailed breakdown of their platforms, features and fees.
| Plus500 | Eightcap |
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| Plus500 is ranked #17 among CFD brokers. | Eightcap is ranked #9 among CFD brokers. |
| Founded in 2008 and based in Israel, Plus500 is a leading brokerage with over 25 million registered traders across more than 50 countries. It focuses on CFD trading, offering a user-friendly proprietary platform and mobile app. The company provides competitive spreads and does not impose commissions or charges for deposits or withdrawals. Plus500 stands out as a highly trusted broker, licensed by respected authorities such as the FCA, ASIC, and CySEC. | Eightcap, an acclaimed broker regulated by the FCA, offers exceptionally low trading costs. Recognised as the top-rated brand by TradingView's vast user base of 100 million, traders can directly access the platform. UK traders can open a live account with a minimum deposit of just £100. |
| 82% of retail CFD accounts lose money. | |
| Pros | |
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| Awards | |
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| FCA Regulated | |
| Yes | Yes |
| Instruments | |
| CFDs on Forex, Stocks, Indices, Commodities, ETFs, Futures, Options | CFDs, Forex, Stocks, Indices, Commodities |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $100 | £100 |
| Payment Methods | |
| Minimum Trade | |
| Variable | 0.01 Lots |
| Regulator | |
| FCA, ASIC, CySEC, DFSA, MAS, FSA, FSCA, FMA, EFSA | ASIC, FCA, CySEC, SCB |
| Mobile Apps | |
| iOS, Android & Windows | iOS & Android |
| Trading App | |
| Plus500 have tailored their mobile apps to align with the WebTrader online platform. The app is secure, dependable, and ranks highly. Stop loss, limits, free alerts, and a comprehensive range of markets and instruments are provided. Access the download page here. | Eightcap offers MT4, MT5, and TradingView apps, being the sole FCA-regulated broker with TradingView, ideal for mobile traders seeking advanced charting. Although MetaTrader's design feels dated, its numerous technical indicators, drawing tools, diverse chart styles, and simple horizontal overlays are impressive. Push notifications and an active social network on TradingView are beneficial for traders, with Eightcap providing guidance videos on linking TradingView to iOS and Android. |
| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| Yes | Yes |
| MetaTrader 4 | |
| No | No |
| MetaTrader 5 | |
| No | 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 | |
| No | Yes |
| DMA Account | |
| No | No |
| MAM Account | |
| No | Yes |
| PAMM Account | |
| No | 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 | |
| Yes | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | Yes |
| Auto Trading | |
| No | TradingView Bots |
| Copy Trading | |
| No | No |
| Social Trading | |
| No | Yes |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| No | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| Yes | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| Yes | No |
| Inactivity Fee | |
| $10 | $0 |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| Plus500 offers commission-free CFDs across various markets, including currencies, stocks, indices, and commodities. Traders can take long or short positions on popular assets, enjoying flexible leverage with no hidden charges. | Eightcap provides an extensive selection of trading options with over 800 CFDs covering equities, indices, bonds, commodities, and digital currencies, subject to regional availability. Traders can access leverage ranging from 1:30 to 1:500. The platform is distinguished by its sophisticated tools, including an AI-powered economic calendar that tracks over 25 countries with filters for varying impact levels. Despite these strengths, Eightcap's selection of commodities, especially softs such as cotton and wheat, along with its range of precious metals and energy assets, remains limited and could benefit from further development. |
| Leverage | |
| 1:30 | 1:30 |
| FTSE Spread | |
| Dynamic | 1.2 |
| GBPUSD Spread< | |
| Dynamic | 0.1 |
| Oil Spread | |
| Dynamic | 0.03 |
| Stocks Spread | |
| Dynamic | 0.03 (Apple Inc) |
| Forex | |
| Plus500 offers CFD trading in forex, with tight spreads across over 60 currency pairs. Testing showed spreads as low as 0.6 pips on the EUR/USD, lower than many competitors. | Eightcap provides over 50 currency pairs, matching the industry norm but falling short of leaders like CMC Markets, which offers more than 300. Nonetheless, Eightcap distinguishes itself with institutional-quality spreads starting from 0.0 pips on major pairs such as EUR/USD. The broker's competitively low commissions at $3.50 per side further enhance its appeal. Eightcap also equips traders with comprehensive forex data, including essential fundamentals, bullish and bearish signals, and a calendar monitoring significant foreign exchange market events. |
| Assets | |
| 60+ | 50+ |
| GBPUSD Spread | |
| Dynamic | 0.1 |
| EURUSD Spread | |
| Dynamic | 0.0 |
| EURGBP Spread | |
| Dynamic | 0.1 |
| Currency Indices | |
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| Plus500 | Eightcap |
| 82% of retail CFD accounts lose money. | |
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Plus500 vs |
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