Eightcap
FP Markets
VS
Higher Rated
FP Markets
Capital at risk · T&Cs apply
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
| Eightcap | FP Markets | |
|---|---|---|
| BrokerRank Score | 3.6/5 | 3.8/5 ✓ |
| Min. Deposit | $100 | $100 |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 | 1:500 |
| Regulation | ASIC, FCA, CySEC ✓ | ASIC, CySEC |
| Platforms | MT4, MT5 | MT4, MT5, TradingView |
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 belowEightcap
FP Markets
WinnerEightcap
FP Markets
Lower fees
Eightcap
3.6/5
Choose Eightcap if you want…
FP Markets
3.8/5
Choose FP Markets if you want…
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.
Eightcap offers spreads from 0 pips, while FP Markets starts at 0 pips. Check the fees section above for a full breakdown.
Eightcap requires a minimum deposit of $100. FP Markets requires $100.
Eightcap is regulated by ASIC, FCA, CySEC, while FP Markets holds licences from ASIC, CySEC.
Eightcap supports MT4, MT5. FP Markets supports MT4, MT5, TradingView, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.