Broker comparison

Eightcap vs Gerchik & Co Comparison

Compare trading conditions, commissions and platforms of Forex brokers Eightcap and Gerchik & Co. Find out which broker is best for you.

VS summaryScores and ranking at a glance
EightcapHigher ranked
Rating
4.5/5
Rank
#10
Register

Trading CFDs carries high risks. You may lose all invested funds

Gerchik & Co
Rating
3.9/5
Rank
#54
Register

Trading CFDs carries high risks. You may lose all invested funds

  • Conditions, fees and platforms compared
  • Ratings and ranking positions checked
  • Based on our review methodology
How we compare brokers
Updated
Author · Editor

We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.

Who is better - Eightcap or Gerchik & Co?

Quick comparison

Key differences between the brokers

Below, we show only the differences in trading conditions covered in our reviews. These may include the minimum deposit, available markets, platforms and account types. Compare these details with your requirements.

Methodology

Ratings and ranks

Eightcap ranks higher in the editorial ranking.
Eightcap
Rating: 4.5/5Rank: #10
Gerchik & Co
Rating: 3.9/5Rank: #54

Eightcap

Different platforms
  • TradingView
Different markets
  • Soft Commodities

Gerchik & Co

Different platforms
None listed
Different markets
None listed

This material is not personalized financial advice. Terms and service availability vary by country.

Full broker ranking

Comparison Table of Eightcap and Gerchik & Co

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Overview: comparison of Eightcap, Gerchik & Co
BrokerEightcapGerchik & Co
Foundation Year
2015
2015
Regulated in Countries
Australia, United Kingdom, Cyprus, Bahamas
Vanuatu
Minimum Deposit
  • 100 AUD
  • 100 CAD
  • 100 EUR
  • 100 GBP
  • 100 NZD
  • 100 SGD
  • 100 USD
  • 100 USD
Spread
from 0 points
from 0 points
Max Leverage
1:500
1:100
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • TradingView
  • MetaTrader 5
  • MetaTrader 4
Review

Eightcap Review

Eightcap Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Soft Commodities Indices Stocks ETF Cryptocurrency
Trading Platforms
MetaTrader 4MetaTrader 5TradingView

Eightcap is a modern broker with reliable regulation, convenient MT4, MT5, and TradingView platforms, and a wide selection of instruments, including over 160 cryptocurrency CFDs. It suits traders who value technology, fast market access, and competitive trading conditions. The broker will be especially interesting for active traders and those who use CFD instruments, but is less convenient for investors seeking passive trading solutions.

Pros and Cons of Eightcap

Pros

  1. Support for popular platforms MT4, MT5, and integration with TradingView.
  2. Over 800 trading instruments, including 160+ cryptocurrency CFDs.
  3. Regulated by ASIC, FCA, CySEC, and SCB.
  4. Convenient deposit and withdrawal methods with no fees.
  5. Modern analytics tools: AI economic calendar and FlashTrader for MT5.

Cons

  1. No cent or Islamic accounts.
  2. No passive trading solutions (copy trading, PAMM).

Eightcap is in the top 10 of the following ratings:

Gerchik & Co Review

Gerchik & Co Logo
RegisterTrading CFDs carries high risks. You may lose all invested funds
Countries of registration:
Regulators:
Trading Assets
Forex Precious Metals Energy Carriers Indices Stocks ETF Cryptocurrency
Trading Platforms
MetaTrader 5MetaTrader 4

Gerchik & Co. serves as a commendable platform for traders of all levels. The wide array of trading instruments and platforms makes this broker attractive to novices and seasoned traders.

The educational materials provided by the broker can be particularly beneficial for beginners and those looking to deepen their knowledge. In addition, the broker offers a variety of technical support communication options, which can be valuable for traders requiring immediate assistance.

This broker is suitable for novice and experienced traders due to its comprehensive approach and attention to detail regarding trading and education.

Pros and Cons of Gerchik & Co

Pros

  1. Transparent information about the broker's owners.
  2. A large number of trading accounts.
  3. Decent services that can help improve Forex trading.
  4. Educational courses, webinars, analytics.
  5. Opportunity for passive income on TIMA accounts.
  6. Contests on demo accounts and broker promotions.

Cons

  1. High commission for transactions on certain types of accounts.
  2. The website and personal account area may seem inconvenient (according to reviews).
  3. High deposit requirements for training or using services.

Gerchik & Co is in the top 10 of the following ratings:

Reliability

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Reliability: comparison of Eightcap, Gerchik & Co
BrokerEightcapGerchik & Co
Reliability
5/5
3.4/5
Foundation Year
2015
2015
Regulated in Countries
Australia, United Kingdom, Cyprus, Bahamas
Vanuatu
Regulators

Eightcap

Eightcap demonstrates a high level of reliability thanks to licenses from ASIC, FCA, CySEC, and SCB, as well as segregated accounts, ensuring transparency and client protection.

Pros

  1. Regulated by multiple reputable authorities
  2. Segregated client accounts
  3. International presence

Gerchik & Co

The professional approach, risk management systems, trading education, and the protection of traders' interests by the international Financial Commission, lend Gerchik & Co a sufficient degree of reliability and regulation.

Pros

  1. Member of the FinaCom
  2. Quality of service confirmed by Verify My Trade

Cons

  1. Only a license from an offshore regulator

Account Opening

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Account Opening: comparison of Eightcap, Gerchik & Co
BrokerEightcapGerchik & Co
Account Opening
5/5
5/5
Minimum Deposit
  • 100 USD
  • 100 EUR
  • 100 GBP
  • 100 AUD
  • 100 NZD
  • 100 CAD
  • 100 SGD
  • 100 USD

Eightcap

Opening an account with Eightcap is fast and convenient: registration takes a few minutes, and verification is completed within a day.

Pros

  1. Fast online registration
  2. Convenient login via Google/Facebook
  3. Low minimum deposit

Gerchik & Co

Gerchik & Co offers its clients a simple and quick account opening process. All that's required is to fill out the registration form on the website, choose the type of account, and enter personal details.

Account Types

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Account Types: comparison of Eightcap, Gerchik & Co
BrokerEightcapGerchik & Co
Account Types
3/5
4/5
Trading Accounts
  • Standard
  • Raw
  • Zero
  • Mini
  • Simple
  • Silver
  • Gold
  • Platinum
Minimum Deposit
  • 100 USD
  • 100 EUR
  • 100 GBP
  • 100 AUD
  • 100 NZD
  • 100 CAD
  • 100 SGD
  • 100 USD
Spread
from 0 points
from 0 points
Max Leverage
1:500
1:100
Trading Assets (CFDs)
  • Forex
  • Precious Metals
  • Energy Carriers
  • Soft Commodities
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
  • Forex
  • Precious Metals
  • Energy Carriers
  • Indices
  • Stocks
  • ETF
  • Cryptocurrency
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • TradingView
  • MetaTrader 5
  • MetaTrader 4
Demo Account
Yes
Yes
Swap-free Account
No
Yes

Eightcap

Eightcap's account types cover traders' basic needs, offering a choice between Standard and Raw, but there are no cent, Islamic, or passive trading accounts.

Pros

  1. Conditions for beginners and pros

Cons

  1. No cent accounts
  2. No Islamic accounts
  3. No copy trading/PAMM

Gerchik & Co

Gerchik & Co provides an acceptable choice of trading accounts, making it attractive for traders with different levels of experience and investment goals.

Pros

  1. STP accounts
  2. Contests on demo accounts
  3. Availability of TIMA accounts

Cons

  1. No cent accounts
  2. No accounts with fixed spreads

Commissions

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Commissions: comparison of Eightcap, Gerchik & Co
BrokerEightcapGerchik & Co
Commissions
4/5
2/5
Spread
from 0 points
from 0 points
Average Spread (EURUSD)
1.1
—
Commission
per 1 lot$3.50
per 1 lot$5.00

Eightcap

Eightcap's fees are competitive: low spreads, an average commission on Raw, and no hidden charges make trading transparent and convenient.

Pros

  1. No inactivity fee
  2. Free deposits and withdrawals
  3. Tight spreads

Cons

  1. Market-average per-lot commission on the Raw account

Gerchik & Co

Although Gerchik & Co offers competitive spreads and there are no commissions for withdrawing funds and no inactivity fees, the transaction commission may be significant for traders, especially those who conduct many transactions.

Pros

  1. No commission for fund withdrawal
  2. No inactivity fee

Cons

  1. High trading fees

Deposit and Withdrawal

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Deposit and Withdrawal: comparison of Eightcap, Gerchik & Co
BrokerEightcapGerchik & Co
Rating
5/5
5/5
Account Funding Methods
  • PayPal
  • Bpay
  • Skrill
  • Neteller
  • Interac
  • FasaPay
  • Dragonpay
  • Bank Transfer
  • Visa
  • Mastercard
  • UnionPay
  • Volet
  • Swift
  • SEPA
  • Visa
  • Mastercard

Eightcap

Eightcap provides convenient and fast money operations: fee-free deposits, quick withdrawals, and a wide choice of methods make the process simple and accessible.

Pros

  1. Fee-free deposits
  2. Fast withdrawals
  3. Support for cards, e-wallets, and cryptocurrencies

Gerchik & Co

Gerchik & Co provides a wide range of deposit and withdrawal methods, allowing users to choose the most convenient option. Both traditional payment systems and cryptocurrency wallets are available.

Markets and Products

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Markets and Products: comparison of Eightcap, Gerchik & Co
BrokerEightcapGerchik & Co
Markets and Products
5/5
4.4/5
Forex
57
66
Precious Metals
13
7
Energy Carriers
3
3
Soft Commodities
6
-
Indices
21
14
Stocks
505
296
ETF
36
21
Cryptocurrency
163
11

Eightcap

Eightcap offers a wide range of markets—from Forex and commodities to ETFs and 160+ cryptocurrencies—making the broker attractive for active traders.

Pros

  1. Wide range of assets
  2. Over 160 cryptocurrency CFDs
  3. Support for CFDs on stocks, ETFs, and indices

Gerchik & Co

Gerchik & Co offers a decent selection of trading instruments and markets with 66 currency pairs and over 300 CFDs on various assets. However, some brokers offer a broader range of products, including more cryptocurrency pairs and commodities.

Pros

  1. Good choice of currency pairs
  2. Stocks from the US, Europe, and the UK are available

Cons

  1. No exchange-traded commodities

Trading Platforms

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Trading Platforms: comparison of Eightcap, Gerchik & Co
BrokerEightcapGerchik & Co
Rating
5/5
4/5
Trading Platforms
  • MetaTrader 4
  • MetaTrader 5
  • TradingView
  • MetaTrader 5
  • MetaTrader 4

Eightcap

Eightcap offers convenient platforms MT4, MT5, and TradingView, combining proven functionality with modern analysis tools.

Pros

  1. Support for MT4 and MT5
  2. Integration with TradingView
  3. Mobile and web versions

Cons

  1. No proprietary platform

Gerchik & Co

MetaTrader 4 and MetaTrader 5 are reliable and functional platforms, but having Gerchik & Co's own innovative platform or mobile application could enhance this rating.

Analytics

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Analytics: comparison of Eightcap, Gerchik & Co
BrokerEightcapGerchik & Co
Rating
4/5
5/5

Eightcap

Eightcap's analytics combine innovation (AI calendar, FlashTrader) and insights, but in terms of the volume of expert reviews, it lags behind market leaders.

Pros

  1. AI economic calendar
  2. FlashTrader for MT5
  3. Trade Zone with forecasts

Cons

  1. Limited analytics coverage

Gerchik & Co

The analytical capabilities provided by Gerchik & Co appear to be very strong and multifunctional.

Education

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Education: comparison of Eightcap, Gerchik & Co
BrokerEightcapGerchik & Co
Rating
4/5
5/5

Eightcap

Eightcap's educational materials cover the basics and strategies, offering articles, e-books, webinars, and video lessons, but lag behind market leaders in depth.

Pros

  1. Variety of formats
  2. Practical strategies

Cons

  1. No step-by-step courses
  2. No podcasts or interactive quizzes

Gerchik & Co

The broker offers various educational materials, including courses, video lessons, a book, and even an educational mobile app.

Customer Support

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Customer Support: comparison of Eightcap, Gerchik & Co
BrokerEightcapGerchik & Co
Rating
5/5
5/5
Email Support
Hotline Phones
Social Media

Eightcap

Eightcap's support is efficient and available 24/5: quick responses in chat and the professionalism of specialists make it a reliable tool for clients.

Pros

  1. 24/5 live chat
  2. Local contacts
  3. Qualified support

Cons

  1. Sometimes standard responses during peak hours

Gerchik & Co

The broker provides numerous channels for contacting support, including telephone, email, Skype, Telegram-bot, online chat on the website, and the ability to create a ticket in the personal account.

Comparisons of Eightcap and Gerchik & Co with other brokers

Conclusion

When choosing between Eightcap and Gerchik & Co, match their platforms, markets, account types and funding terms to your needs.

Before opening an account, verify fees, regulation, support and service availability for your country in the sections above.

FAQ

Which broker is better: Eightcap or Gerchik & Co?

Eightcap ranks higher than Gerchik & Co in our editorial ranking. That does not make it a universal choice: compare fees, markets, platforms, account types and support.

Which broker is better for beginners: Eightcap or Gerchik & Co?

Beginners should compare availability in their country, account types, minimum deposit, trading platforms and customer support.

Who has lower typical trading costs (spreads/commissions) — Eightcap or Gerchik & Co?

It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.

What trading platforms are available with Eightcap and Gerchik & Co?

Eightcap: MetaTrader 4, MetaTrader 5, TradingView. Gerchik & Co: MetaTrader 5, MetaTrader 4. See the “Platforms” section for details and selection tips.

What markets can you trade with Eightcap and Gerchik & Co?

Eightcap: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Cryptocurrency. Gerchik & Co: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.

What account types are offered by Eightcap and Gerchik & Co?

Eightcap: Standard, Raw. Gerchik & Co: Zero, Mini, Simple, Silver, Gold, Platinum. See “Account Types” for a side-by-side comparison.

What deposit and withdrawal methods are supported by Eightcap and Gerchik & Co?

Eightcap: PayPal, Bpay, Skrill, Neteller, Interac, FasaPay, Dragonpay, Bank Transfer, Visa, Mastercard, UnionPay. Gerchik & Co: Volet, Swift, SEPA, Visa, Mastercard. Check method-specific fees/settlement times.

Which broker is safer — Eightcap or Gerchik & Co — and how was this assessed?

We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.

Nikolay is an experienced specialist in financial markets and co-founder of IamForexTrader. He has been successfully trading Forex since 2014 and has been actively involved in the cryptocurrency market since 2017.

He develops investment strategies adaptable to any level of experience and has been actively investing in stocks, bonds and ETFs since 2018.