A promising approach to deform metallic-intermetallic composite materials is the application of electric current pulses during the deformation process to achieve a lower yield strength and enhanced elongation to fracture. This is known as the electroplastic effect. In this work, a novel setup to study the electroplastic effect during nanoindentation on individual phases and well-defined interfaces was developed. Using a eutectic Al-Al2Cu alloy as a model material, electroplastic nanoindentation results were directly compared with macroscopic electroplastic compression tests. The results of the micro- and macroscopic investigations reveal current induced displacement shifts and stress drops, respectively, with the first displacement shift/stress drop being higher than the subsequent ones. A higher current intensity, higher loading rate and larger pulsing interval all cause increased displacement shifts. This observation, in conjunction with the fact that the first displacement shift is highest, strongly indicates that de-pinning of dislocations from obstacles dominates the mechanical response, rather than solely thermal effects.