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Side-by-Side Comparison Independent Updated Oct 2, 2026

Eightcap vs FP Markets 2026: Which Broker is Better?

In this comparison of Eightcap and FP Markets, we explore the core differences that set these two brokers apart, aiding traders in making an informed decision. Eightcap, founded in 2009 and regulated by ASIC and FCA, appeals to traders seeking competitive spreads and swift execution in forex and crypto CFDs, though it lacks proprietary platforms and extensive educational resources. Conversely, FP Markets, established in 2005, offers a broader range of platforms, including TradingView, making it a suitable choice for traders looking for diverse trading tools and a slightly lower commission structure. Both brokers cater to experienced traders with high leverage offerings up to 1:500, but FP Markets edges ahead with a higher overall rating and a proprietary mobile platform.

Eightcap

FP Markets

Higher ratedFP Markets logo

FP Markets

3.8/ 5
Visit FP Markets →Full review
VS
EightcapFP Markets
BrokerRank Score3.6/53.8/5 ✓
Min. Deposit$100$100
Spread from0 pips0 pips
Max Leverage1:5001:500
RegulationASIC, FCA, CySEC ✓ASIC, CySEC
PlatformsMT4, MT5MT4, MT5, TradingView
Quick VerdictBrokerRank recommends
Best for Beginners
EightcapFP Markets
Best for Low Fees
EightcapFP Markets
Best for Regulation
EightcapFP Markets
Best Overall
FP MarketsEightcap
Quick Answer

FP Markets is the better choice overall, scoring 3.8/5 vs 3.6/5 on BrokerRank's independent rating. On fees, Eightcap offers lower spreads (0 pips).

See full side-by-side comparison below

Eightcap vs FP Markets: Key Differences

Feature

Eightcap

FP Markets

Winner
Our Rating
3.6 / 5
3.8 / 5
Min. Deposit
$100
$100
Max Leverage
Spread From
0 pips
0 pips
Commission
$3.5/lot
$3/lot
Platforms
MT4, MT5
MT4, MT5, TradingView, Proprietary Mobile
Markets
Forex, Cfd, Crypto, Indices, Commodities
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Founded
2009
2005
Headquarters
Melbourne, Australia
Sydney, Australia
Score
1 / 3
2 / 3

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Fees Comparison

Fee

Eightcap

FP Markets

Lower fees
Spread From
0 pips
0 pips
Commission
$3.5/lot
$3/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

In the "Eightcap vs FP Markets" comparison, FP Markets emerges as the better option for beginners due to its broader platform selection, including TradingView and a proprietary mobile app, which offers greater flexibility. Professional traders might favour Eightcap for its good execution speeds and regulation by both ASIC and FCA, although FP Markets' lower commission rate could also appeal. FP Markets wins on fees, offering slightly lower commissions and similarly competitive spreads starting from 0.0 pips.

Who Should Choose Which?

Eightcap

Eightcap

3.6/5

Choose Eightcap if you want…

  • More regulatory licences (3)
FP Markets

FP Markets

3.8/5

Top pick

Choose FP Markets if you want…

  • Higher overall rating (3.8/5)
  • More market types (6)
  • More established (est. 2005)
  • More platforms (4 supported)

Also consider

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We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.

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Both Eightcap & FP Markets are available in

Frequently Asked Questions

1

Is Eightcap better than FP Markets?

FP Markets scores higher overall on our independent rating system. Eightcap holds a 3.6/5 rating vs FP Markets's 3.8/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, Eightcap or FP Markets?

Eightcap offers spreads from 0 pips, while FP Markets starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for Eightcap vs FP Markets?

Eightcap requires a minimum deposit of $100. FP Markets requires $100.

4

Which broker is safer, Eightcap or FP Markets?

Eightcap is regulated by ASIC, FCA, CySEC, while FP Markets holds licences from ASIC, CySEC.

5

What trading platforms do Eightcap and FP Markets support?

Eightcap supports MT4, MT5. FP Markets supports MT4, MT5, TradingView, Proprietary Mobile.

6

Can I use both Eightcap and FP Markets?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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