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E*TRADE vs Eightcap : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

E*TRADE

E*TRADE

VS
Eightcap

Eightcap

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Both ECN and STP broker

ECN

Years of Existence / Established Year

1982

2009

Customer Base / Number of Accounts

5.2 million client accounts

80,000 +


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Regulation & Security

Regulations (governing bodies)

FRS, FINRA, SIPC, SEC, NFA, FDIC

SCB ASIC CySEC FCA

Awards Won (count for the last 2 years)

Investor App and #1 Web Trading Platform for 2024, Benzinga's 2023 Global Fintech Awards

Best Broker in Australia in 2024 by FXEmpire Best Forex Brokers 2024 Best Crypto CFD Trading Broker by FXEmpire 2024 Top CFD Broker by FXEmpire 2024

Security Measures

SIPC

FSCS

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes (only to retail clients. Not for professional traders)


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

Over 50,000 offerings, including US Treasury trades

800+ CFD markets

Currency Pairs

No

Yes

Commodities

No

Yes

Indices

No

Yes

Cryptocurrencies

No

Yes

CFDs

No

Yes

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

Yes

Yes

Futures

Yes

Yes

Bonds

Yes

No

Mutual Funds

Yes

No

Fractional Shares

No

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

Yes

MT5

No

Yes

cTrader

No

No

Social Trading

No

Yes

Copy Trading

No

Yes

Other Trading Platforms (proprietary, etc.)

Power Etrade web, Power Etrade app

No

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Brokerage, Retirement, Core portfolio, Managed portfolio, Small business retirement , bank

Standard account Raw account TradingView account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

No

Minimum Deposit

$0

$100

Leverage Available

No

1:30

Trade Limit (maximum per trade)

Depends on assets class

Maximum 100 lots

Commission (per account type)

Standard - $0 TradingView - $0 Raw - Each side: 3.5 AUD, USD, NZD, SGD, CAD | 2.25 GBP | 2.75 EUR per standard lot traded

Best Suited For (e.g., beginners, experienced traders)

Beginners to experienced traders

Beginners & experienced


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Deposit & Withdrawal Options

Deposit Methods

Transfer money, Wire transfer, Transfer an account, Deposit a check ,Direct Deposit

Wire Transfer Credit/debit cards UnionPay Bitcoin Ewallets

Withdrawal Methods

E-wallets, check, Wire transfer

Wire Transfer Ewallets Bitcoin

Other E-Wallets Supported

Electronic transfer

Skrill Neteller Fasapay Dragonpay


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Tools & Educational Resources

Economic Calendar

No

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Educational Resources, Tools, Market News and Insights, Tutorials and Webinars

Capitalise.ai AI-powered Economic calendar Eightcap labs Trade Zone Events & Webinars Flash trader


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Fees & Commissions

Trading-Related Fees

Stocks, options, mutual funds, ETFs- $0, Bonds- $1, FINRA trading activity fee- $0.000166

Spread- starts from 0.0 pips

Spread (typical, fixed, variable)

NA

Variable

Per Lot Fees

NA

$3.50 per lot per side

Options Contract Fees

$0.65

NA

Futures Contract Fees

$1.50

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

No

1:30


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Non-Trading Fees

Dormant Fees

$0

$0

Subscription Fees (for premium features, data feeds)

NA

$0

Advisory Fees

0.30%

$0

Swap Fees (Overnight Financing)

NA

Yes

Statement or Document Fee

$2

NA

Account Opening Fee

NA

$0

Account Maintenance Fee

$15/ month

$0

Deposit Fee

$0

$0

Currency Conversion Fee

Direct trade-$0.005 per share, Broker assisted trader- $25

NA

Withdrawal Fee

Check return - $25, Electronic return -$25

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

Sunday 5 p.m. CT to Friday 4 p.m. CT

Crypto - Monday-Sunday (00:00 - 23:59) Forex - 10PM to 7AM Commodities - Monday-Friday (03:00 - 24:00) Stocks US - 9:30am to 4pm


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

8 AM - 8 PM ET on weekdays

24x5

Customer Support Methods (phone, email, live chat)

Live chat, FAQ, Phone- 800-387-2331, 800-838-0908, Beneficiary Services: [email protected] General inquiries: [email protected]

E mail: mailto:[email protected] Call / Chat: +61 3 8592 2375

Support Languages

1

13+


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Additional Information

Headquarters Location

Arlington, Virginia, United States Buyenlarge, Getty

Aiolou & Panagioti Diomidous 9, Katholiki, 3020, Limassol, Cyprus.

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
E*TRADE stands out for its zero-commission trading model, appealing to cost-conscious investors. In contrast, Eightcap offers more comprehensive services with slightly higher fees, especially for advanced tools and asset classes.
While E*TRADE prioritizes fast registration with minimal steps, Eightcap focuses on a thorough vetting process that gives more flexibility in choosing account types and features.
E*TRADE provides a modern trading experience with its proprietary platform, ideal for technical traders. Eightcap , on the other hand, offers more research tools and is better suited for data-driven investors.
E*TRADE caters to serious traders who value advanced features, whereas Eightcap appeals to beginners due to its user-friendly platform.