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eightcap , MUFG Broker Comparison

Do you want to know which is the better broker between eightcap and MUFG ?

In the table below, you can compare the features of eightcap , MUFG side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
 2 / 3  forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Swap
Swap Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
eightcap
7.48
Regulated
Under guarantee
15-20 years
ASIC,FCA,CYSEC
PayPal,MASTER,UnionPay,B PAY,VISA,WIRE Transfer,Skrill,dragonpay,pix,Neteller,Interac,fasapay,BTC
AAA
AAA
204.6
60
60
69
1953
547
1953
AAA

EURUSD: -0.6

XAUUSD: -4.2

5
--
5
AAA
--
13.81 USD/Lot
A

Long: -8.11

Short: 3.29

Long: -82.42

Short: 33.6

AAA
0.1
11.1
TradingView,Standard,Raw
800+
$100
--
From 1.0
50.00
--
0.01
--
MUFG
7.98
Regulated
Under guarantee
--
--
15-20 years
FSA
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--

eightcap 、 MUFG BrokerRelated News

eightcap BrokerRelevant Exposures

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do eightcap and kabu have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

eightcap
Quick Eightcap Review Summary
Founded in2009
Registered CountryAustralia
RegulationASIC, FCA, CySEC, SCB (Offshore)
Trading Assets800+ CFDs on forex, commodities, indexes, shares, cryptos
Demo Account(30 days)
Account TypeRaw, Standard, TradingView
Min Deposit$100
LeverageUp to 1:500
EUR/USD SpreadFrom 0 pips
Trading PlatformMetaTrader 4, MetaTrader 5, Tradingview
Payment MethodMasterCard, Visa, PayPal, Wire Transfer, BPAY, Skrill, Neteller, etc. (vary on the region)
Deposit & Withdrawal Fee
Customer Support24/5 live chat
Tel: +61 3 8592 2375
Email: global@eightcap.com

Eightcap Information

Eightcap is a popular online forex and CFDs broker that offers access to trade various financial markets. The broker was founded in 2009 in Melbourne, Australia, and has since expanded its presence to other regions such as Europe, Asia, and the Middle East. Eightcap prides itself on providing a user-friendly trading experience, robust trading platforms, and competitive trading conditions for its clients.

The broker offers a wide range of financial instruments to trade, including 800+CFDs on forex, commodities, indexes, shares, and cryptos. Clients can access these markets through the popular trading platforms, MetaTrader 4, MetaTrader 5, and TradingView. The broker also offers three types of account types to suit the individual needs of its clients, including Standard, Raw and TradingView, with the minimum deposit requirement of $100.

Eightcap's homepage

Pros and Cons

Eightcap is a global forex and CFD broker offering many features and benefits that make it an attractive choice for traders of all levels. One of the primary advantages of Eightcap is its range of trading instruments, including 800+ CFDs on forex, commodities, indexes, shares, and cryptos. This diversity allows traders to take advantage of a wide range of market opportunities and build diversified portfolios.

In addition to its broad range of trading instruments, Eightcap also offers competitive trading conditions, such as tight spreads and low commissions, which can help traders maximize their profits. The broker also provides access to multiple trading platforms, including MetaTrader 4 and 5, as well as TradingView.

While there are many benefits to trading with Eightcap, there are also some drawbacks to consider. One of these is the limited selection of educational resources, which may be a disadvantage for novice traders. Additionally, the broker does not currently offer social trading options and 24/7 customer support.

ProsCons
  • Regulated by top-tier financial authorities
  • Limited educational resources
  • Competitive spreads and commission fees
  • No Islamic accounts
  • Offers MT4 and MT5 trading platforms
  • No social trading options
  • Wide range of tradable assets
  • No proprietary trading platform
  • Multilingual customer support
  • Inactivity fee charged after 6 months of no trading activity
  • Demo accounts available
  • No 24/7 customer support
  • Wide selection of payment methods

Is Eightcap Legit?

Yes, Eightcap is considered a legitimate broker, regulated by reputable financial authorities including ASIC (Australia), FCA (UK), CySEC (Cyprus), and SCB (Bahamas). These regulatory bodies impose strict rules and regulations on the broker to ensure they operate in a fair and transparent manner, thereby providing traders with a safe and secure trading environment.

Regulated CountryRegulated byCurrent StatusRegulated EntityLicense TypeLicense Number
Australia
ASICRegulatedEIGHTCAP PTY LTDMarket Making (MM)000391441
UK
FCARegulatedEightcap Group LtdStraight Through Processing (STP)921296
Cyprus
CySECRegulatedEightcap EU LtdStraight Through Processing (STP)246/14
Bahamas
SCBOffshore RegulatedEightcap Global LimitedRetail Forex LicenseSIA-F220

EIGHTCAP PTY LTD, its Australian entity, is authorized and regulated by the Australia Securities & Investment Commission (ASIC) under the regulatory license number 391441.

Regulated by ASIC

Eightcap Group Ltd, its UK entity, is authorized and regulated by the Financial Conduct Authority (FCA) under the regulatory license number of 921296.

Regulated by FCA

Eightcap EU Ltd, is regulated by the Cyprus Securities and Exchange Commission (CYSEC) under license no. 246/14.

Regulated by CySEC

Eightcap Global Limited, the international entity, is authorized and offshore regulated by the Security Commission of the Bamas (SCB) under the regulatory license number of SIA-F220.

Offshore regulated by SCB

Market Instruments

EightCap offers 800+ CFDs on forex, commodities, indexes, shares, and cryptos.

Trading AssetsAvailable
CFDs
Forex
Commodities
Indexes
Shares
Cryptos
Bonds
Options
ETFs
Market Instruments

Account Types/Fees

Live Accounts: EightCap offers three types of accounts at EightCap: Raw, Standard and TradingView accounts. All require a moderate minimum deposit of 100 USD, which is quite friendly for beginners.

Their most relevant differences consist in the spreads, the raw account has a lower spread. Standard and TradingView accounts offers a commission-free trading environment, yet compensated by wider spreads, while Raw accounts offers raw spreads, accompanied by additional commissions.

Account TypeRawStandardTradingView
Min Deposit$100
Account Base CurrenciesAUD, USD, EUR, GBP, NZD, CAD, SGD
SpreadFrom 0.0 pipsFrom 1.0 pips
CommissionEach side: $3.5 AUD/USD/NZD/SGD/CAD, 2.25 GBP, 2.75 EUR per standard lot traded❌(shares excluded)
Account Types

Demo Accounts

Aside from two types of live trading accounts, Eightcap offers a 30-day demo account for traders who want to practice and test their trading strategies without risking real money.

The demo account is free and is designed to simulate real market conditions, allowing traders to get a feel for the platform and instruments before they start trading with a live account.

The demo account is funded with virtual money and offers access to the same features as the live account, including a range of instruments and trading platforms.

Demo account

Leverage

The maximum leverage is determined by the regulator; the maximum ASIC leverage is only 1:30, but the Bahamas SCB allows a leverage of 1:500. However, other trading conditions may vary accordingly and you can decide for yourself.

High leverage is ideal for active traders and scalpers, as it presents greater trading flexibility in general, which directly impacts profitability, but new users are advised to operate with caution with such large leverage.

Trading Platforms

Eightcap offers multiple trading platforms, including the popular MetaTrader 4, MetaTrader 5, and Tradingview. These platforms are known for their user-friendly interface and advanced charting tools.

With the MetaTrader platforms, Eightcap offers a range of customizable features, including the ability to use custom indicators and expert advisors. These platforms also provide access to real-time market data and allow traders to execute trades quickly and efficiently. Traders can also use the platforms to set up automated trading strategies, which can be particularly useful for those who want to trade around the clock.

EightCap's TradingView leverages 15+ customizable chart types, including Kagi, Renko, and Point & Figure. Organize up to 8 synchronized charts per tab and utilize 90+ smart drawing tools for comprehensive analysis.

MT4/5 & TradingView

Deposit and Withdrawal

Eightcap offers a variety of deposit and withdrawal methods, such as MasterCard, Visa, PayPal, Wire Transfer, BPAY, Skrill, Neteller, etc. (vary on the region). You can find more detailed info in the table below:

Payment OptionAccepted CurrenciesDeposit FeeWithdrawal FeeDeposit Processing TimeWithdrawal Processing Time
MasterCardAUD, USD, GBP, EUR, NZD, CAD, SGDInstant2-5 business days
Visa
PayPalAUD, USD, GBP, EUR, NZD, SGD1-5 business days
Wire TransferAUD, USD, GBP, EUR, NZD, CAD, SGDVariable1-5 business days
B-PAYAUD1-2 business days1-3 business days
UnionPayRMBInstant1 business day
SkrillUSD, EUR (only for EEA clients), CADVariable
Neteller
CryptosUSDT (TRC20), USDT (ERC20), BTC (only for USD accounts)/Instant
InteracCAD1-3 business days
fasapayUSD1 business day
pixBRL///1-5 business days
dragonpayMYR, PHPVariableInstant1 business day
...THB, VND, MYR, IDR, PHP
Deposit and Withdrawal

Conclusion

In conclusion, Eightcap seems like a solid choice for traders looking for a reliable broker with a wide range of instruments, competitive pricing, and user-friendly platforms. Their customer support is also top-notch, with various ways to get in touch and a comprehensive FAQ section. While their educational resources may not be as extensive as some other brokers, they still provide useful tools and market analysis to help traders stay informed. The only potential downside is the lack of proprietary trading platforms, but with MT4, MT5, and TradingView available, there's still plenty of options to choose from.

FAQs

Is Eightcap regulated?

Yes, Eightcap is regulated by ASIC, FCA, CySEC, and SCB (Offshore).

What trading platforms does Eightcap offer?

Eightcap offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and TradingView.

What are the minimum deposit requirements for Eightcap?

The minimum deposit requirement for all account types is $100.

What is the maximum leverage available at Eightcap?

Up to 1:500.

Can I open a demo account with Eightcap?

Yes, Eightcap offers a 30-day demo account that allows traders to practice their trading strategies without risking real money.

What financial instruments can I trade at Eightcap?

You can trade 800+ CFDs on forex, commodities, indexes, shares, and cryptos.

Risk Warning

Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities.

kabu
au Kabucom SecuritiesReview Summary
Founded1997
Registered Country/RegionJapan
RegulationFSA
Products & ServicesStocks, Margin, Transaction (System/General), Initial Public Offering (IPO)/Public offering sale (PO), ETF/ETN/REIT, Free ETF (Commission-Free Exchange Traded Fund), Petit Shares (Shares LessThan One Unit), Tender Offer (TOB), Investment Trust, FX (Forex Margin Trading), Futures/Options Trading, Bonds (Foreign Bonds), Foreign Currency Denominated MMF, CFD (share 365)
Demo Account/
Leverage/
Spread/
Trading PlatformAu Kabucom FX app
Min Deposit/
Customer SupportLive chat
Tel: 0120 390 390, 05003-6688-8888
Email: cs@kabu.com
Social Media: Twitter, Facebook. Instagram, Line, YouTube

au Kabucom Securities is an online brokerage company and is the core company of Mitsubishi UFJ Financial Group (MUFG Group) 's online financial services. The business is involved in securities trading, brokerage, offering, and selling. Along with other financial services, it offers bank agency and foreign exchange margin trading.

au Kabucom Securities' homepage

Pros and Cons

ProsCons
Regulated by FSALimited info on trading conditions
Established company with a reputable parent company
Various trading products and services
Live chat support

Is au Kabucom Securities Legit?

Yes, Au Kabucom is currently regulated by the Financial Services Agency (FSA), holding a retail forex license (No.61).

Regulated CountryRegulated AuthorityCurrent Status Regulated EntityLicense TypeLicense Number
Financial Services Agency (FSA)Regulatedauカブコム証券株式会社Retail Forex License関東財務局長(金商)第61号
Regulated by FSA

Products and Services

Products & ServicesAvailable
Stocks
Margin Transaction (System/General)
Initial Public Offering (IPO)/Public Offering Sale (PO)
ETF/ETN/REIT
Free ETF (Commission-Free Exchange Traded Fund)
Petit Shares (Shares Less Than One Unit)
Tender Offer (TOB)
Investment Trust
FX (Forex Margin Trading)
Futures/Options Trading
Bonds (Foreign Bonds)
Foreign Currency Denominated MMF
CFD (Share 365)

Fees

au Kabucom Securities offers commission-free forex trading, where the trading cost is incorporated into the spreads.

Fees

Au Kabucom charges for transactions involving other products, nevertheless. Here is the stock trading commission, for instance.

Stock trading commission (excluding Petit (Kabu®) and Premium Accumulation (Petit (Kabu® )))

Contract Price (JPY)Physical Fee (tax included)Large-Volume Preferential Plan
0 yen to 50,000 yen or less55 yen
Over 50,000 yen to under 100,000 yen99 yen
Over 100,000 yen to under 200,000 yen115 yen
Over 200,000 yen to under 500,000 yen275 yen
Over 500,000 yen to under 1,000,000 yen535 yen
Over 1 million yenContract amount × 0.099% (tax included) + 99 yen [Maximum: 4,059 yen]

Note:

  • The above fees will be applied regardless of the execution conditions (market order, limit order, automated trading, etc.).
  • If a calculation (fee calculation or consumption tax calculation) results in a fractional part, it will be rounded down.
  • For transactions over the phone, an operator fee of 2,200 yen (tax included) will be added separately.
  • The fees for buying and selling stock acquisition rights are the same as the fees for buying and selling physical shares mentioned above.
  • There are no fees for transactions within a NISA (tax-free small-scale investment) account.
  • If the upper limit of the price range (stop high) changes due to a period-specified order and the available amount falls short, the order will be forcibly canceled.

Trading Platform

Au Kabucom Securities offers an au Kabucom app which is available both on the PC and mobile platform.

Trading PlatformSupported Available Devices Suitable for
Au Kabucom FX appDesktop, Mobile/
MT5/Experienced traders
MT4/Beginners
Au Kabucom FX app

Do eightcap and kabu have lower transaction costs?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive eightcap and kabu are, we first considered common fees for standard accounts. On eightcap, the average spread for the EUR/USD currency pair is From 1.0 pips, while on kabu the spread is --.

Which broker between eightcap, kabu is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

eightcap is regulated by ASIC,FCA,CYSEC. kabu is regulated by FSA.

Which broker between eightcap, kabu provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

eightcap provides the TradingView,Standard,Raw platform with products like 800+; kabu offers the -- platform featuring assets including --.

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