RedMars vs Eightcap

RedMars or Eightcap – which is better for UK traders 2025? Compare RedMars and Eightcap in this detailed breakdown of their platforms, features and fees.

RedMars vs Eightcap Comparison Table 2025
RedMars Eightcap
rating empty Not Rated
rating empty
rating full
4.6
RedMars is ranked # among . Eightcap is ranked #8 among CFD brokers.
RedMars has closed or no longer accepts UK clients.
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.
Pros
  • Eightcap has excelled in all essential trading areas, surpassing all rivals to clinch our 'Best Overall Broker' award for 2024. It also earned the titles of 'Best Crypto Broker' and 'Best TradingView Broker' for 2025.
  • With spreads starting at 0 pips, minimal commission charges, and leverage up to 1:500 for select clients, Eightcap delivers affordable and flexible trading opportunities. These conditions suit various strategies, such as trading and scalping.
  • In 2021, Eightcap enhanced its lineup, now providing an extensive range of cryptocurrency CFDs. It offers crypto/fiat and crypto/crypto pairs, along with crypto indices for comprehensive market exposure.
  • Eightcap excels with a suite of advanced trading tools, such as MT4 and MT5, and has recently joined the 100-million-user social trading network, TradingView.
Cons
  • Despite the growing range of tools available, Eightcap lacks popular industry resources such as Autochartist and Trading Central. These provide advanced charting analytics, live news, and essential market insights for traders focused on short-term strategies.
  • Eightcap must enhance its range of over 800 instruments to rival top competitors like Blackbull Markets, which offers 26,000+ assets, especially improving its limited commodities selection.
  • The demo account is available for 30 days, after which it requires a request for extension. This is less convenient than XM's offering, which provides an unlimited demo mode.
  • Despite a helpful array of educational guides and e-books in Labs, Eightcap lags behind IG's extensive resources for aspiring traders. IG boasts a dedicated Academy app and features 18 diverse course categories.
Awards
  • Best TradingView Broker 2025 - DayTrading.com
  • Best Cryptocurrency Broker 2025 - DayTrading.com
  • 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
FCA Regulated
Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities
Bonus
Fund an Eightcap account and unlock a TradingView Plus plan worth £33.95 per month
Demo Account
Yes
Minimum Deposit
£100
Payment Methods
Minimum Trade
0.01 Lots
Regulator
ASIC, FCA, CySEC, SCB
Mobile Apps
iOS & Android
Trading App
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
rating empty
rating empty
rating full
4.8
Android App Rating
rating empty
rating empty
rating full
4.4
Margin Trading
Yes
MetaTrader 4
No
MetaTrader 5
Yes
cTrader
No
AlgoTrader
No
OmniTrader
No
TradingView
Yes
Autochartist
No
eSignal
No
Trading Central
No
STP Account
No
ECN Account
Yes
DMA Account
No
MAM Account
Yes
PAMM Account
No
LAMM Account
No
Demat Account
No
AI / Machine Learning
No
Robo Advisor
No
Negative Balance Protection
Yes
Market Maker
No
P2P Trading
No
Spot Trading
Yes
Auto Trading
TradingView Bots
Copy Trading
No
Social Trading
Yes
Trade Signals
Yes
VPS Hosting
Yes
Tournaments
No
Demo Competitions
No
Ethical Investing
No
Custodial Account
No
Guaranteed Stop Loss
No
Inactivity Fee
$0
Islamic Account
Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • SGD
Commodities
  • Gold
  • Silver
  • Oil
  • Palladium
  • Zinc
  • Nickel
  • Platinum
CFD
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
FTSE Spread
1.2
GBPUSD Spread<
0.1
Oil Spread
0.03
Stocks Spread
0.03 (Apple Inc)
Forex
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
50+
GBPUSD Spread
0.1
EURUSD Spread
0.0
EURGBP Spread
0.1
Currency Indices
  • USD
RedMars Eightcap
More Comparisons
RedMars
vs

Eightcap
vs