Ayrex vs Eightcap, Who's The Best?
Read our In-Depth Ayrex vs Eightcap Review - 2024 Update
This comprehensive analysis of Ayrex and Eightcap has been updated to reflect any changes for 2024 by seasoned professionals with significant expertise in Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of Ayrex vs Eightcap does not apply to all countries as follows:
Ayrex Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Eightcap Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare Ayrex vs Eightcap
Every trading platforms will have some advantages and disadvantages, and a complete analysis of Ayrex vs Eightcap would not be complete without adopting a fair assessment.
Assess Eightcap and Ayrex to get a better understanding of how these platforms line up with one another prior to you make an account. Performing a comprehensive comparison can place factors in perspective so that you are informed about what you should anticipate.
So you are looking for an online trading platform and are choosing between Ayrex or Eightcap. Which one is best in 2024?
Our Ayrex vs Eightcap comparison contains the latest information so you can easily compare Eightcap against Ayrex.
If you're a new entrant in the realm of trading and brokerages, so many nuances will be perplexing for you. Getting into the world of trading requires expert assessing skills and comprehensive understanding. You will get adept at all of the concepts of brokerage since you keep trading. For starters, you have to select the right broker who'll be clear with you constantly.
In this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally lead investment plan has the potential to create hefty returns. Ayrex and Eightcap are two such platforms which will take you along with your investment into great heights. It is important that you compare Ayrex vs Eightcap before you trust them with your money.
Our Ayrex vs Eightcap comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust Ayrex and Eightcap side by side.
Our full Ayrex vs Eightcap Review covers everything you need to know about trading using either Ayrex or Eightcap. A fantastic agent can multiply your first investments and give you favorable profits. If you would like to make profits, you should trade with a brokerage service that contrasts with your investment goals.
There is no sure-fire way to guarantee profits; therefore, you must carefully analyze your agent before you choose them. It's a common misconception that all brokers are exactly the same, but that is not correct. Wrong judgment, in the beginning, can put your investments at risk.
Ayrex and Eightcap are both brokers that have forged their way successfully into the broker world. Within this review, we've tried to collate a number of the vital aspects of both Ayrex and Eightcap. This review will help you to understand whether either Eightcap or Ayrex is a fantastic fit for your investments or not. We've attempted to breakdown all the qualities and charges for your advantage.
Benefits of Ayrex and Eightcap Compared
Ayrex offers a minimum deposit of $250 while Eightcap has a $100 minimum deposit.
Why smaller minimum deposits are good and how Ayrex and Eightcap compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
Ayrex has around 40 financial instruments whilst Eightcap allows you to trade around 40 financial instruments available.
The more instruments you can trade on the Ayrex and Eightcap trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you should never want to miss out on a trading opportunity due to the limitations of Ayrex or Eightcap.
Ayrex and Eightcap Contact Details
Being able to contact your broker through many ways is vital. Ayrex and Eightcap have the following contact details and social medias that you can use.
Broker | Ayrex | Eightcap |
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Telephone Number | +61 3 8373 4800 | |
customerservice@eightcap.com | ||
Address | Level 6, 360 Collins St, Melbourne, Victoria 3000, AU | |
Ayrex Twitter Account | Eightcap Twitter Account | |
Ayrex Facebook Page | Eightcap Facebook Page | |
Ayrex Instagram Account | Eightcap Instagram Account | |
Ayrex LinkedIn Page | Eightcap LinkedIn Page | |
YouTube | Ayrex YouTube Channel | Eightcap YouTube Channel |
Find Out More |
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Eightcap and Ayrex Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
In this part of our comparison of Ayrex and Eightcap we'll check whether either of their mobile apps tick all the boxes.
Overall, we rate the user-friendliness of the apps as better than average.
It is important that any trading app has user friendly capabilities especially with the
Search Functions
Although most brokers do OK in this area, there are some bad apples out there. For example, if you start typing 'Emerging markets', will the software find all the Emerging markets ETFs for you, even if their name doesn't start with 'emerging'? If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
Ayrex vs Eightcap - Awards
Broker | Ayrex | Eightcap |
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Awards | At the time of writing this Ayrex review, and despite Ayrex’s impressive offering, the company has surprisingly not garnered any awards to date. |
Eightcap have won several industry awards over the years they have been operating as an online broker. We detail the most recognised awards for Eightcap here.
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Find Out More |
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Ayrex vs Eightcap - Frequently Asked Questions
Ayrex vs Eightcap - Headquarters And Year Of Founding
Ayrex was founded in 2016 and has its headquaters in Cyprus.
Eightcap was founded in 2009 and has its head office in Australia.
What is the minimum deposit for Eightcap or Ayrex
The minimum deposit for Ayrex is $250.
The minimum deposit for Eightcap is $100.
Depending on your circumstances, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both Ayrex and Eightcap are a good choice.
Ayrex vs Eightcap - Regulation And Licencing In More Detail
Ayrex is regulated by Cyprus Securities and Exchange Commission (CySEC).
Eightcap is regulated by Australian Securities and Investment Commission (ASIC).
Both Ayrex and Eightcap have a powerful collection of rules for ensuring fair trading onto their own platforms. For data encryption functions, they provide industry-standard secure socket layers (SSL).
In accordance with their individual privacy regulations, client data is to not be shared with any other institutions or individuals. This includes credit history and other financial details.
Compare Ayrex vs Eightcap Commission And Fees
Ayrex and Eightcap are online brokerage platforms, and many online brokerages charge lower prices than traditional brokerages tend to charge. The cause of this is that the businesses of online brokerages are scaled better. That is, an internet broker isn't necessarily affected by the amount of customers they have.
However, this does not necessarily mean that online brokers don't charge any fees. They charge fees of varying rates for various services to earn money. There are mainly three types of penalties for this purpose.
The first kind of fees to look out for are trading charges. Whenever you make a genuine trade, like buying a stock or an ETF, you're billed trading fees. In these cases, you are paying a spread, financing speed, or a commission. The kinds of trading fees and the rates differ from broker to broker.
Commissions can be fixed or determined by the traded quantity. On the flip side, a spread denotes the gap between the buying and selling cost. Funding or overnight rates are those who are charged when you hold a leveraged position for more than daily.
Aside from trading fees, online agents also bill non-trading fees. These are dependent on the activities you undertake on your accounts. They're billed for operations like depositing money, not investing for lengthy periods, or withdrawals.
In general, neither Ayrex or Eightcap charge high fees in comparison to other online brokers. For operations other agents fee for, they either do not charge a broker fee, or they charge a smaller sum. This is beneficial for those who regularly trade, for example weekly or daily trading.
However, non-trading fees charged by Ayrex and Eightcap are comparatively greater. Consequently, you are billed more for non-trading actions in your trading accounts, like withdrawal and deposits. These are not related to the sale and purchase of resources.
This Ayrex vs Eightcap review for 2024 breaks down every one of the applicable non-trading charges for you in detail.
Compare Broker Fees For Ayrex And Eightcap
What Languages Do Ayrex And Eightcap Support?
Being able to communicate completely with your trading broker is a key element when comparing brokers to find your perfect trading partner. Not only for support but to be sure you understand everything on their site and inside their application as it is a key factor to success when trading online.
Below you will find all the languages that both Ayrex and Eightcap offer communication in.
How Many Clients Do Ayrex and Eightcap Have?
Both Ayrex and Eightcap are well established with their customer base. It is important to work with a broker that is professional and one of the easiest ways of understanding this is by knowing how many customers are using their services.
Below you will find details of how many users Ayrex and Eightcap are active on their platform
What Payment Methods Do Ayrex and Eightcap Accept?
Ayrex and Eightcap both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at Ayrex and Eightcap
What Can You Trade With Ayrex and Eightcap?
Ayrex offers 40 trading instruments and Eightcap offers 100.
Below you will find a full breakdown of what both Ayrex and Eightcap offer.
Ayrex Review
Ayrex vs Eightcap:
Table Of Contents
- Compare Ayrex vs Eightcap
- Benefits of Ayrex and Eightcap Compared
- Eightcap and Ayrex Mobile App Comparison
- Ayrex vs Eightcap - Awards
- Ayrex vs Eightcap - Frequently Asked Questions
- What is the minimum deposit for Eightcap or Ayrex
- Ayrex vs Eightcap - Regulation And Licencing In More Detail
- Compare Broker Fees For Ayrex And Eightcap
- What Languages Do Ayrex And Eightcap Support?
- How Many Clients Do Ayrex and Eightcap Have?
- What Payment Methods Do Ayrex and Eightcap Accept?
- What Can You Trade With Ayrex and Eightcap?