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

FP Markets vs Eightcap 2026: Which Broker is Better?

Choosing between FP Markets and Eightcap depends on your trading style, preferred markets, and budget. FP Markets is headquartered in Sydney, Australia, while Eightcap operates from Melbourne, Australia. FP Markets has the longer track record, established in 2005, compared to Eightcap which was founded in 2009. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

FP Markets

Eightcap

Higher ratedFP Markets logo

FP Markets

3.8/ 5
Visit FP Markets →Full review
VS
FP MarketsEightcap
BrokerRank Score3.8/5 ✓3.6/5
Min. Deposit$100$100
Spread from0 pips0 pips
Max Leverage1:5001:500
RegulationASIC, CySECASIC, FCA, CySEC ✓
PlatformsMT4, MT5, TradingViewMT4, MT5
Quick VerdictBrokerRank recommends
Best for Beginners
FP MarketsEightcap
Best for Low Fees
FP MarketsEightcap
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, FP Markets offers lower spreads (0 pips).

See full side-by-side comparison below

FP Markets vs Eightcap: Key Differences

Feature

FP Markets

Winner

Eightcap

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

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Fees Comparison

Fee

FP Markets

Lower fees

Eightcap

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

Regulation & Trust

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

Markets & Assets

Both brokers offer access to Forex, Cfd, Indices, Commodities markets. FP Markets additionally covers Stocks. Eightcap adds Crypto.

Trading Platforms

FP Markets supports MT4, MT5, TradingView, Proprietary Mobile. Eightcap offers MT4, MT5. Both brokers are available on MT4, MT5.

Minimum Deposit

FP Markets requires a minimum deposit of $100, while Eightcap sets a minimum deposit of $100. Both are suitable for traders with moderate starting capital.

Overall Ratings

BrokerRank scores FP Markets at 3.84/5 and Eightcap at 3.62/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. FP Markets leads overall with a clear advantage.

BrokerRank Verdict

FP Markets is our recommended pick in this comparison, scoring 3.84/5 versus Eightcap's 3.62/5. Eightcap offers comparable regulatory coverage. Eightcap is still a solid option for traders who prioritise regulatory breadth across multiple jurisdictions, but FP Markets offers a stronger overall package for the majority of traders.

Who Should Choose Which?

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)
Eightcap

Eightcap

3.6/5

Choose Eightcap if you want…

  • More regulatory licences (3)

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80% of retail CFD accounts lose money.

Both FP Markets & Eightcap are available in

Frequently Asked Questions

1

Is FP Markets better than Eightcap?

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

2

Which has lower fees, FP Markets or Eightcap?

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

3

What is the minimum deposit for FP Markets vs Eightcap?

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

4

Which broker is safer, FP Markets or Eightcap?

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

5

What trading platforms do FP Markets and Eightcap support?

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

6

Can I use both FP Markets and Eightcap?

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

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