Eightcap vs OANDA
By Akash · Facts re-checked (UTC)
Here is how Eightcap and OANDA compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| Eightcap | OANDA | |
|---|---|---|
| Regulators | ASIC, FCA, CySEC, SCB | FCA |
| Minimum deposit | $100 or equivalent | No minimum deposit (OANDA Europe Limited, UK) |
| Spreads from | 0.0 pips (Raw); 1.0 pips (Standard) | 0.6 pips EUR/USD (UK) |
| Commission | Raw: $3.50 per standard lot per side (£2.25 GBP, €2.75 EUR); Standard: none on forex | – |
| Platforms | MetaTrader 4, MetaTrader 5, TradingView, TradeLocker | OANDA web, OANDA mobile, MetaTrader 4, MetaTrader 5, TradingView |
| Retail accounts losing money | – | 76.6% |
Full reviews: Eightcap review · OANDA review
Frequently asked questions
What is the minimum deposit at Eightcap and OANDA?
Eightcap: $100 or equivalent. OANDA: No minimum deposit (OANDA Europe Limited, UK).
Are Eightcap and OANDA regulated?
Eightcap: ASIC, FCA, CySEC, SCB. OANDA: FCA.
Which has tighter spreads, Eightcap or OANDA?
Published spreads start from 0.0 pips (Raw); 1.0 pips (Standard) at Eightcap and 0.6 pips EUR/USD (UK) at OANDA; commission: Eightcap Raw: $3.50 per standard lot per side (£2.25 GBP, €2.75 EUR); Standard: none on forex, OANDA none listed.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read more