Eightcap vs. Exness Comparison: Which Broker Should You Choose?

Eightcap and Exness are leading global Forex brokers, but which one should you trust your Forex portfolios with?

I have conducted an in-depth review of Eightcap vs. Exness to determine which is the better overall choice and which traders will benefit most from either broker.

Headquarters
AustraliaCyprus
Regulators
ASIC, CySEC, FCA, SCBCMA, CySEC, FCA, FSA, FSC Belize, FSC Mauritius, FSCA
Tier 1 Regulator(s)?
Owned by Public Company?
Year Established
20092008
Execution Type(s)
ECN/STP, Market MakerMarket Maker
Minimum Deposit
$100$10 (based on the account type)
Negative Balance Protection
Trading Platform(s)
MetaTrader 4, MetaTrader 5, Trading ViewMetaTrader 4, MetaTrader 5, Proprietary platform
Average Trading Cost EUR/USD
1.0 pips0.6 pips
Average Trading Cost GBP/USD
1.2 pips0.7 pips
Average Trading Cost WTI Crude Oil
$0.03 6.7 pips
Average Trading Cost Gold
$0.12 11.3 pips
Retail Loss Rate
N/AUndisclosed
Minimum Raw Spreads
N/A0.0 pips
Minimum Standard Spreads
N/A0.3 pips
Minimum Commission for Forex
$7.00 per Round Lot $7.00 per 1.0 standard round lot
Islamic Account
Signals
US Persons Accepted?
Managed Accounts
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Here is a snapshot of the most notable advantages of Eightcap:

  • MT5 FlashTrader plugin
  • TradingView for social traders, where 50M+ traders interact
  • AI-powered economic calendar for news traders
  • Quality beginner research and education via Eightcap Labs and Eightcap Trade Zone
  • VPS hosting
  • Balanced asset selection
  • Quality trading infrastructure and liquidity
  • Multiple partnership programs

Here is a snapshot of the most notable advantages of Exness:

  • Ultra-low trading fees
  • Swap-free trading on all Forex majors, most Forex minors, gold, crypto, and indices
  • $5+ trillion in monthly trading volume
  • 1.9 billion executed trades in 2023
  • VPS hosting and API trading
  • Deep liquidity and excellent order execution
  • 1M+ traders and 24/7 customer support

Features & Platforms

MT4
MT5
MT4/MT5 Add-Ons
cTrader
Proprietary Platform
Automated Trading
Social/Copy Trading
DOM?
Guaranteed Stop Loss
Scalping
Hedging
One-Click Trading
OCO Orders
Interest on Margin
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Available Markets

Currency Pairs
Cryptocurrencies
Commodities
Crude Oil
Gold
Metals
Equity Indices
Stocks (non-CFDs)
Bonds
ETFs
Options
N/A
Futures
Synthetics
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Eightcap offers 800+ assets, including 100+ cryptocurrencies and tokens. Exness features a smaller asset selection of highly liquid trading instruments with a competitive cryptocurrency offering for Forex traders.

Here is why Eightcap is a better choice for most traders:

  • Better choice of cryptocurrency CFDs, including tokens
  • Popular assets for copy and social traders

Typical Spreads & Fees

Average Trading Cost EUR/USD
1.0 pips0.6 pips
Average Trading Cost GBP/USD
1.2 pips0.7 pips
Average Trading Cost WTI Crude Oil
$0.03 6.7 pips
Average Trading Cost Gold
$0.12 11.3 pips
Average Trading Cost Bitcoin
$12 161.1 pips
Minimum Raw Spreads
N/A0.0 pips
Minimum Standard Spreads
N/A0.3 pips
Minimum Commission for Forex
$7.00 per Round Lot $7.00 per 1.0 standard round lot
Deposit Fee
N/A
Withdrawal Fee
Inactivity Fee
No No
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Both brokers offer traders a choice of commission-free and commission-based trading accounts, but which one is cheaper?

Eightcap and Exness have identical raw spreads, but Exness has lower commissions for Forex, granting it an edge magnified by lower swap rates.

Account Types

Account Types
Eightcap
Exness
Commission-free Accounts
Yes
Yes
Commission-based Accounts
Yes
Yes
Demo Accounts
Yes
Yes
Islamic Accounts
No
Yes
Social / Copy Trading
Yes
Yes
Managed Accounts
Yes
No

Eightcap does not offer a swap-free Islamic option, while Exness features swap-free trading on many assets for all traders. Both brokers provide demo accounts and support algorithmic and copy trading.

Are there any other noteworthy differences in the account structure between Eightcap vs. Exness?

Here is what stands out the most:

  • Eightcap has managed accounts via PAMM
  • Exness account types have more sub-account options
  • Exness has lower fees

Minimum Deposit

Deposit Snapshot
Eightcap
Exness
Minimum Deposit
$100
$0 (payment processor dependent)
Deposit Fees
Third-Party
Third-party
E-wallets
Yes
Yes
Cryptocurrencies
Yes
Yes
Localized Methods
Yes
Yes
Total Deposit Methods
14
7+
Supported Deposit Currencies
USD, EUR, GBP (17 total)
75+

How difficult is it to deposit at Eightcap vs. Exness?

The Eightcap minimum deposit is $100 versus $0 at Exness. Both brokers have a quality selection of payment processors, including cryptocurrency deposits. While Exness supports more deposit currencies, Eightcap features more payment processors. Eightcap and Exness rank among the most trusted Forex brokers with an equally user-friendly deposit process.

Minimum Withdrawal

Withdrawal Snapshot
Eightcap
Exness
Minimum Withdrawal
$100
$0 (payment processor dependent)
Internal Withdrawal Fees
$0 (third-party processing fees may apply)
$0 (third-party processing fees may apply)
Internal Processing Times
One to two business days
Instant to 24 hours (without manual approval)

Which withdrawal process is better: Eightcap or Exness?

Eightcap has a $100 minimum withdrawal, which is high, especially for e-wallet transactions, versus no minimum at Exness. Neither broker levies internal withdrawal fees. While both brokers have a trusted withdrawal process, Exness delivers faster processing times without manual approval for verified traders, granting it an edge over Eightcap.

Security & Trust

Country of the Regulator
Australia, The Bahamas, Cyprus, United KingdomCyprus, Kenya, Mauritius, Seychelles, United Kingdom, British Virgin Islands, South Africa, Curaçao
Name of the Regulator
ASIC, CySEC, FCA, SCBCMA, CySEC, FCA, FSA, FSC Belize, FSC Mauritius, FSCA
Regulatory License Number
391441, 40377, 246/14, 921296SD025, 0003LSI, SIBA/L/20/1133, 51024, GB20025294, 178/12, 730729, 162
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Which broker is more secure and trustworthy?

Eightcap and Exness offer negative balance protection, segregate client deposits from corporate funds, and both brokers have 15+ years of experience, multiple regulators in trader-friendly jurisdictions, and an excellent track record. Exness also has an investor compensation fund of up to €20,000 via the Hong Kong-based Financial Commission. Therefore, I rank both brokers as equally secure and trustworthy.

My Verdict

Eightcap

Pros
Cons
Cutting-edge trading tools focused on algorithmic trading
Below-average Forex selection
Balanced asset selection and leading cryptocurrency broker
Competitive commission-based cost structure and deep liquidity
Quality educational content and research for beginner traders

Exness

Pros
Cons
Instant withdrawals from a trusted broker with numerous payment processors
No beginner education
High level of transparency and financial audits by Big Four accountancy Deloitte
Multi-regulated broker with outstanding order and volume statistics
24/7 multi-lingual customer service

Which Forex broker is better?

Eightcap and Exness are industry-leading brokers, and I recommend traders test them in the Eightcap demo account and the Exness demo account.

Here is my verdict:

Exness is a world-class broker and an excellent choice amid its cutting-edge infrastructure and low fees. Still, Eightcap takes the overall lead due to its trading tools, including Capitalise AI for code-free algorithmic trading and a more balanced asset selection.

FAQs

How long does it take to withdraw from Exness?

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The Exness withdrawal time is between instant and 24 hours without manual approval for verified traders.

Does Eightcap allow scalping?

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Eightcap has no restrictions on scalping and maintains a competitive environment supportive of scalping.

Is Exness regulated?

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Exness is a well-regulated broker, compliant with six regulators, and has an exceptional track record exceeding 15 years.

Is Eightcap a trusted broker?

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Eightcap ranks among the most trusted brokers, compliant with five regulators, and has an excellent track record spanning 15+ years.