Freetrade vs Eightcap : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Freetrade

Eightcap

Broker Overview

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

STP broker

ECN

Years of Existence / Established Year

2016

2009

Customer Base / Number of Accounts

1.5 M

80,000 +

Regulation & Security

Regulations (governing bodies)

FCA

SCB ASIC CySEC FCA

Awards Won (count for the last 2 years)

Best Online trading platform 2024

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

Yes

FSCS

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

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

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

6200+ U.S Treasury Bills, Investment trust

800+ CFD markets

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Yes

Bonds

Mutual Funds

Fractional Shares

Yes

Exchange Traded Notes (ETNs)

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Yes

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

Yes

MT5

Yes

cTrader

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Freetrade web and mobile trading platform

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

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

General investment account, Stocks and shares ISA, Personal pension account

Standard account Raw account TradingView account

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Minimum Deposit

$100

Leverage Available

100:1

1:30

Trade Limit (maximum per trade)

depends on asset 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

Deposit & Withdrawal Options

Deposit Methods

Bank transfer, debit card, Apple pay, google pay

Wire Transfer Credit/debit cards UnionPay Bitcoin Ewallets

Withdrawal Methods

Linked bank account

Wire Transfer Ewallets Bitcoin

Other E-Wallets Supported

Apple pay , google pay

Skrill Neteller Fasapay Dragonpay

Tools & Educational Resources

Economic Calendar

Yes

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

Learn (Trading Education), Freetrade Blog (Market Insights), Webinars, Investing Guides, Video Tutorials, Community Forum

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

Fees & Commissions

Trading-Related Fees

FX fee of 0.59%

Spread- starts from 0.0 pips

Spread (typical, fixed, variable)

Variable

Per Lot Fees

$3.50 per lot per side

Options Contract Fees

Futures Contract Fees

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

100:1

1:30

Non-Trading Fees

Dormant Fees

Subscription Fees (for premium features, data feeds)

Advisory Fees

Swap Fees (Overnight Financing)

Yes

Statement or Document Fee

Account Opening Fee

Account Maintenance Fee

£10.97

Deposit Fee

£5

Currency Conversion Fee

Exchange rate + 0.99%

Withdrawal Fee

£5

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Trading Hours

Trading Hours (for each asset class if applicable)

Monday to Friday: 8:00 AM - 4:30 PM GMT Monday to Friday: 9:30 AM - 4:00 PM ET (2:30 PM - 9:00 PM GMT) European Market Hours- Monday to Friday: 9:00 AM - 5:30 PM CET (8:00 AM - 4:30 PM GMT)

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

Customer Support

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

24/5

24x5

Customer Support Methods (phone, email, live chat)

Help hub, community forum, E-mail, Social media

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

Support Languages

13+

Additional Information

Headquarters Location

Level 2, The Truman Brewery, 91 Brick Lane, London, England, E1 6QL

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

Complaints (for crypto brokers)

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.

If minimizing trading costs is your top priority, Freetrade might be more attractive due to its lower commissions. Meanwhile, Eightcap justifies its moderate fees with more robust tools and professional-grade features.

While Freetrade prioritizes fast registration with minimal steps, Eightcap focuses on a thorough vetting process that gives more flexibility in choosing account types and features.

If you're looking for platform speed and ease of execution, Freetrade delivers a smooth experience. Eightcap , however, is tailored toward traders who want deeper analysis tools and portfolio insights.

Freetrade supports complex strategies and asset diversity, while Eightcap offers clarity and low-cost access for long-term holders.

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