Comparison of Eightcap vs ActivTrades [ 2024 ]

The best brokers to invest in cryptocurrencies compared by their commissions, cryptos, security and much more. Here is theEightcap vs ActivTrades comparison!

Your expert: Alejandro Borja

eightcap

Eightcap

  • Threenvest valuation: 4,8/5
  • Investor protection: Yes
  • Security: 5/5
  • Available cryptocurrencies: 100 (CFDs)
Go crypto broker

Your expert: Xavier Tarrasó

activtrades

ActivTrades

  • Threenvest valuation: 4,5/5
  • Investor protection: Yes
  • Security: 5/5
  • Available cryptocurrencies: 12 (CFDs)
Go crypto broker

Main points

Fees

Low 4,3/5

Regulated

ASIC, VFSC

Demo account

Yes
Low 3,8/5

Fees

FCA, CySEC

Regulated

Yes

Demo account

Recommended for

Beginners

Yes

Trading

Yes

Passive income

No

Buy and hold

No
Yes

Beginners

Yes

Trading

No

Passive income

No

Buy and hold


Comparison of fees

Rating

4.3 – Eightcap provides tight spreads and no deposit or withdrawal fees, making it a cost-effective choice for crypto trading. However, the lack of public financial information might be a concern .
3.8 – ActivTrades offers competitive spreads on crypto CFDs and no deposit or withdrawal fees for most methods. However, the commissions and overnight fees can add up .

Level

Low 4,3/5
Low 3,8/5

Brief explanation

Eightcap offers competitive commissions, particularly attractive for cryptocurrency traders. The platform provides two main account types: Raw and Standard. The Raw account features lower spreads starting from 0.0 pips but incurs a commission of $3.5 per lot per trade, making it suitable for high-frequency traders seeking tighter spreads. Conversely, the Standard account has no commission but higher spreads starting from 0.5 pips . For cryptocurrency trading, Eightcap’s spreads vary significantly depending on the asset. For instance, Bitcoin spreads can range up to 12 pips, which is competitive compared to other brokers. Additionally, there are no deposit or withdrawal fees, which further enhances the cost-effectiveness of trading on Eightcap. However, traders should be aware of potential overnight financing fees if positions are held beyond a day .
ActivTrades charges competitive spreads on its cryptocurrency CFD trades, making it an attractive option for those looking to trade without high transaction costs. The platform’s spread is the primary cost, which varies depending on the cryptocurrency being traded. Additionally, ActivTrades imposes an overnight financing fee for positions held beyond a day, a standard practice among CFD brokers. The spread and overnight fees are key factors for traders to consider, as they can impact profitability, especially for long-term positions. The platform does not charge any deposit fees for most methods, although there are specific charges for credit/debit card deposits outside the UK and EEA. Withdrawal fees are also minimal, with free withdrawals via most methods except for some bank transfers, particularly in non-EEA regions. It’s important to note the £10 monthly inactivity fee for accounts that are dormant for over a year, which can add up if the account is not actively used .

Eightcap

eightcap
Go crypto broker
  • Regulation and Licensing: Eightcap is regulated by multiple top-tier financial authorities, including the Financial Conduct Authority (FCA) in the UK and the Australian Securities and Investments Commission (ASIC). These regulatory bodies are renowned for their stringent standards and oversight, ensuring that Eightcap adheres to high standards of financial practice and client protection .
  • Number of Users: Eightcap has grown its user base significantly since its inception, reflecting its reliability and the trust it has built among traders worldwide. The platform's expansion into various regions highlights its capability to cater to a diverse clientele, making it a trusted name in the crypto trading industry .
  • Security Methods Security is a top priority for Eightcap, employing advanced security protocols to protect client funds and personal information. The broker provides negative balance protection, ensuring that traders do not lose more than their account balance. This commitment to security measures gives users confidence in the safety of their investments .
  • Trading Volume and Liquidity: Eightcap handles a significant trading volume, offering high liquidity in its crypto CFDs. This is crucial for traders looking to execute large trades quickly without experiencing significant price slippage. The platform’s ability to manage high trading volumes efficiently is a testament to its robust infrastructure and reliability .
  • Transparency: Eightcap is transparent about its operations, fee structures, and regulatory compliance. This openness fosters trust among its users, as they can clearly understand the terms and conditions under which they trade. Transparency is further reinforced by the regular audits and disclosures mandated by the regulatory bodies overseeing Eightcap .
  • Pros
  • Over 250 crypto derivatives available.
  • Integrates AI-powered trading tools.
  • Supports multiple fiat pairings.
  • Cons
  • No 24/7 customer support.
  • Limited educational resources for beginners.

ActivTrades

activtrades
Go crypto broker
  • Regulatory Oversight: ActivTrades is regulated by top-tier financial authorities, including the UK's Financial Conduct Authority (FCA), the Commission de Surveillance du Secteur Financier (CSSF) in Luxembourg, and the Securities Commission of the Bahamas (SCB). This extensive regulation ensures a high level of oversight and compliance with international financial standards​​.
  • Robust Security Measures: ActivTrades employs state-of-the-art security measures, including advanced encryption technologies and two-factor authentication (2FA). These measures ensure that client data and funds are kept secure from unauthorized access and cyber threats​​.
  • Negative Balance Protection: The broker offers negative balance protection, which means that clients cannot lose more than their account balance. This feature is crucial for protecting traders from extreme market volatility and unexpected losses​​.
  • Transparency and Longevity: Founded in 2001, ActivTrades has over two decades of experience in the financial industry. The broker’s long track record and the numerous awards it has received are testaments to its reliability and commitment to maintaining high standards​​.
  • Insurance Coverage: ActivTrades provides additional insurance protection through Lloyd’s of London at no extra cost to clients. This insurance offers up to £1 million coverage per client, enhancing the safety net for traders beyond the standard regulatory protections​​.
  • Pros
  • Regulated by top-tier authorities.
  • Offers popular cryptocurrency CFDs.
  • No wallet or crypto exchange needed.
  • Cons
  • Limited crypto CFD selection.
  • No USA or Canada availability.

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Product selection

Native token

Eightcap does not have a native token.
ActivTrades does not have a native token.

Earns

Eightcap does not offer earning options like staking for cryptocurrencies. It provides a wide range of crypto derivatives for trading .
ActivTrades does not offer options to earn with cryptocurrencies through staking or similar programs .

NFT marketplace

Eightcap does not have an NFT marketplace.
ActivTrades does not have an NFT marketplace.

Cripto/debit card

Eightcap does not have a card for its clients .
ActivTrades does not offer a card for its clients .

Company information

Full name

Eightcap Pty Ltd​​.
ActivTrades Plc​​.

Regulation

ASIC, VFSC (Vanuatu)​​.
FCA (UK), CSSF (Luxembourg), SCB (Bahamas)​​.

Year founded

2009​​
2001​​

Founder

Joel Murphy​​
Alex Pusco​​

Payment methods

Transfers

Yes, Eightcap accepts bank transfers for both deposits and withdrawals .
Yes, ActivTrades accepts bank transfers for both deposits and withdrawals .

Mastercard

Yes, Eightcap accepts Mastercard for deposits​​.
Yes, ActivTrades accepts Mastercard for deposits​​.

Wire transfer

Yes, Wise is supported as a payment method .
Wise is not mentioned as a supported payment method .

Card

Yes, Eightcap accepts credit/debit cards .
Yes, ActivTrades accepts credit/debit cards .

Comparative table

Eightcap Features ActivTrades
Eightcap offers a low minimum trade requirement, making it accessible for traders at all levels. This encourages new traders to start small without significant financial risk.
Minimum Trade
Minimum trade size is flexible, starting from 0.01 lots, making it accessible for all traders.
Eightcap charges competitive fees, including tight spreads from 0.1 pips and low commissions, particularly on its Raw account. This makes it an economical choice for active traders .
Trading and Transaction Fees
Competitive spreads but high inactivity fees after a year of no trading.
With over 250 crypto CFDs available, Eightcap provides one of the most extensive selections of cryptocurrencies in the market, catering to a wide range of trading interests .
Number of Cryptocurrencies
Offers a decent selection of major and minor crypto CFDs, including Bitcoin and Ethereum.
While Eightcap offers a variety of fiat-to-crypto pairs, the availability of direct crypto-to-crypto trading pairs is somewhat limited, which might not meet the needs of all traders
Crypto-to-Crypto Trading Pairs
Limited pairs available; focus mainly on major cryptocurrencies.
Eightcap maintains a transparent website with clear information on fees, regulatory status, and trading conditions. However, more detailed educational resources could enhance user understanding .
Website Transparency
Comprehensive information available, but financial data is not publicly disclosed.
Eightcap does not have a card for its clients .
Credit/Debit Card
ActivTrades does not offer a card for its clients .
Eightcap does not provide crypto wallet services since it focuses on CFD trading, which means traders cannot store actual cryptocurrencies on the platform .
Storage Offering
No actual crypto storage; trades are conducted via CFDs.
There are no staking or reward programs available on Eightcap, which might be a disadvantage for traders looking to earn passive income through their crypto holdings .
Staking and Rewards
No staking or reward programs available.
Eightcap supports mobile trading through the MetaTrader 4/5 and TradingView apps, offering robust functionality and user-friendly interfaces, but lacks a proprietary mobile app .
Mobile App and Desktop
High-quality, user-friendly apps for both mobile and desktop trading.
Customer service is available through live chat, phone, and email, but is not 24/7, which can be limiting for traders who need immediate assistance outside of business hours .
Customer Service
Responsive customer service via multiple channels, though not 24/7.
Eightcap offers multiple deposit and withdrawal methods with no fees, including bank transfers, credit cards, and e-wallets, ensuring flexibility and cost-effectiveness for users .
Deposit and Withdraw
Free deposits and withdrawals via several methods, but high fees for USD bank transfers.

Key features

Analysis tools

Eightcap provides access to the TradingView platform, known for its advanced charting capabilities, and Capitalise.ai for algorithmic trading. They also offer the MetaTrader 4 and 5 platforms with a range of technical analysis tools .
ActivTrades provides high-quality daily market analysis and offers the ActivTrader platform, which includes advanced charting tools, technical indicators, and mobile trading capabilities .

Mobile APP

Yes, Eightcap provides mobile trading through the MetaTrader 4 and 5 apps, as well as the TradingView mobile app .
Yes, ActivTrades provides mobile trading through the ActivTrader, MT4, and MT5 platforms, which are available for iOS and Android devices .

Security

Eightcap is regulated by top-tier authorities such as the FCA and ASIC, providing a solid level of investor security. They offer negative balance protection for UK and EU clients but do not provide financial information publicly​​.
ActivTrades is highly regulated by top-tier authorities such as the UK’s Financial Conduct Authority (FCA), providing a high level of security. They offer negative balance protection and additional insurance up to £1 million per client through Lloyd’s of London​​.

Additional features

Eightcap excels in cryptocurrency CFD trading, offering access to over 250 crypto derivatives. Their trading tools include resources like Crypto Crusher for market insights and Capitalise.ai for automated trading strategies. Eightcap also supports deposits and withdrawals in digital currencies, making it convenient for crypto traders. However, they do not offer a proprietary mobile app, relying instead on MetaTrader and TradingView for mobile trading .
ActivTrades offers a variety of features for cryptocurrency trading. They support crypto CFDs, allowing users to trade major cryptocurrencies like Bitcoin, Ethereum, Dogecoin, and many others without needing to deal with wallets or exchanges. The platform also includes high-quality daily market analysis, 24/5 customer support, and free webinars to enhance trading skills. Additionally, ActivTrades provides a VPS service for better trading efficiency and security .

Anonymity

Eightcap does not offer anonymous accounts. The registration process involves providing personal and financial information, and verification with a passport or ID and proof of residence .
ActivTrades does not offer anonymous accounts. The account opening process requires personal details, financial information, and documents for identity verification, such as an ID or passport and a utility bill .

Key points

Available cryptocurrencies

Eightcap offers trading in over 250 cryptocurrency CFDs. Available cryptocurrencies include popular coins like Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), as well as altcoins like Polkadot (DOT), Binance Coin (BNB), Chainlink (LINK), Stellar (XLM), EOS, and memecoins like Dogecoin (DOGE) and Shiba Inu (SHIB)​​.
ActivTrades offers trading in cryptocurrency CFDs. The available cryptocurrencies include Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Polkadot (DOT), EOS, Chainlink (LINK), Stellar (XLM), NEO, Cardano (ADA), Solana (SOL), Ripple (XRP), Binance Coin (BNB), Monero (XMR), Avalanche (AVAX), and Dogecoin (DOGE)​​.

User-friendliness

Eightcap provides a seamless and fast account opening process, making it easy for users to start trading cryptocurrencies. The platform supports multiple payment methods, including credit/debit cards and e-wallets, which adds to its ease of use. Eightcap’s trading platforms are designed to be intuitive, ensuring that users can navigate and trade efficiently without much hassle .
ActivTrades offers a straightforward and user-friendly experience for crypto CFD trading. The platform is designed to make trading accessible even for those with minimal technical knowledge, avoiding the complexities associated with setting up wallets and managing private keys. ActivTrades is ideal for users looking for a secure and regulated environment to trade major cryptocurrencies without dealing with the intricacies of crypto exchanges .

Value for money

Eightcap provides great value with no deposit or withdrawal fees and a wide range of supported payment methods. Its tight spreads and leverage options enhance its attractiveness, although the lack of public financial information might be a concern for some​​.
ActivTrades offers competitive spreads on crypto CFDs, and the absence of deposit and withdrawal fees enhances its value for money. However, the 0.5%-1.5% fee on credit/debit card deposits and certain bank transfer fees for non-EEA clients can add up​​.

Countries of operation

United Kingdom, European Union, Australia, Bahamas, St. Vincent and the Grenadines .
United Kingdom, European Union, Bahamas .

Best for

Eightcap is perfect for traders seeking a vast selection of over 250 cryptocurrency CFDs, including memecoins and altcoins. It’s well-suited for those who want to trade crypto derivatives in a regulated and secure environment​​.
ActivTrades is best suited for investors who prefer a regulated and secure environment for trading crypto CFDs without the need to manage wallets and private keys. It’s ideal for those who want to leverage their trades and have access to a range of major cryptocurrencies​​.

Account

Trading

Eightcap supports crypto CFD trading with competitive spreads and leverage. The platform offers a range of popular cryptocurrencies, making it a good choice for traders looking for diversity in their crypto investments.
ActivTrades offers crypto CFD trading, allowing users to speculate on price movements without owning the actual cryptocurrencies. This platform provides leverage and tight spreads, making it attractive for active traders.

Deposit and withdrawal

Eightcap supports deposits and withdrawals through bank transfers, credit/debit cards, and various e-wallets. The platform processes transactions efficiently, but some e-wallets may incur small fees.
ActivTrades offers fast and mostly free deposits and withdrawals. You can use bank transfers, credit/debit cards, and e-wallets. However, withdrawals under a certain amount may incur fees.

Account opening process

The account opening process at Eightcap is straightforward and fully digital. Users need to fill out an online form with personal and financial information and submit verification documents. Accounts are generally approved within one business day.
The account opening process at ActivTrades is fully digital and straightforward. Users need to fill out an online application form, provide personal and financial information, and submit identity verification documents. The account is typically approved within a day.

KYC required?

Yes, KYC is required at Eightcap. Users need to submit personal identification documents and proof of address to verify their accounts.
Yes, KYC (Know Your Customer) is mandatory at ActivTrades. Users must provide personal identification documents and proof of address during the account opening process.

Customer Service

Eightcap offers customer support through live chat, phone, and email. The support team is available 24/5 and is generally responsive, providing helpful and timely assistance to users.
ActivTrades offers excellent customer service with 24/5 support via phone, email, and live chat. The support team is known for being responsive and helpful, making it easy for users to resolve their issues quickly.

Security

Eightcap is regulated by top-tier authorities such as the FCA and ASIC, providing a solid level of investor security. They offer negative balance protection for UK and EU clients but do not provide financial information publicly​​.
ActivTrades is highly regulated by top-tier authorities such as the UK’s Financial Conduct Authority (FCA), providing a high level of security. They offer negative balance protection and additional insurance up to £1 million per client through Lloyd’s of London​​.

Which of these exchanges is for you?

alejandro-borja-analista-de-brokers.webp

Alejandro Borja

As an expert on cryptocurrency investment platforms, I highly recommend Eightcap for traders looking to dive into the world of crypto derivatives. Eightcap offers an extensive range of over 250 cryptocurrency CFDs, making it one of the most comprehensive brokers in this space. Their platform is user-friendly, and the tight spreads coupled with fast order execution are ideal for day traders. Additionally, the regulation by top-tier authorities like FCA and ASIC ensures a secure trading environment. However, the lack of a proprietary mobile app and limited educational resources are areas that could see improvement to better support new traders​​.
Xavier-tarraso-mascarell.jpg

Xavier Tarrasó

As an expert in cryptocurrency trading, I’ve explored numerous platforms, and ActivTrades stands out as a reliable option for crypto CFD trading. The platform is ideal for those who value security and regulation without the need to manage the technical complexities of owning actual cryptocurrencies. With ActivTrades, you can trade popular cryptocurrencies like Bitcoin and Ethereum through CFDs, allowing for both long and short positions with leverage up to 1:10. This makes it a flexible choice for traders looking to speculate on price movements in the crypto market. However, there are areas for improvement. ActivTrades charges a high inactivity fee after a year of no trading, which could be a significant drawback for less active users. Additionally, the platform is not available to residents in the USA and Canada, limiting its accessibility. Despite these drawbacks, ActivTrades’ robust regulatory framework and user-friendly trading options make it a strong choice for those looking to trade cryptocurrencies in a secure environment​​.

Read Eightcap review

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Read ActivTrades review

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How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

 

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).


For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

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