Written by ForexBrokers.com
In this head to head comparison of Eightcap vs Alpari, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Eightcap, established in 2009, has garnered attention for its notable regulatory standing. It holds three Tier-1 licenses, establishing it as a trusted name in the online trading community. With a ForexBrokers.com Trust Score of 85, Eightcap is rated as a trusted broker. Despite not being publicly traded or a bank, its regulatory credentials give it a competitive edge over many other brokers in the market.
Alpari, on the other hand, has been around since 1998 but presents a different profile when it comes to regulation. The broker does not hold any Tier-1 or Tier-2 licenses, which are indicators of high trust and reliability in the industry. With a Trust Score of 68, Alpari is categorized as a high-risk option on ForexBrokers.com compared to Eightcap. Like Eightcap, Alpari is not traded on any stock exchange and is not a bank. These aspects are pivotal for users seeking a broker with high regulatory assurance.
| Feature |
Eightcap
|
Alpari
|
|---|---|---|
| Year Founded | 2009 | 1998 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 0 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
Eightcap’s commissions and fees depend on the account you choose across its global entities (Australia, the Bahamas, the U.K., and Cyprus). The commission-based Raw account lists an average spread of 0.06 pips, with a $3.50 per side commission; the all-in cost comes to about 0.76 pips, which is just under the industry average of 0.8 pips. Eightcap is still slightly pricier than the very cheapest forex brokers, while its spread-only Standard account removes commissions but typically carries wider spreads.
By contrast, Alpari does not provide average spread data, so a direct, apples-to-apples comparison of trading costs is limited. Based on ForexBrokers.com’s assessments, both brokers earn 4 out of 5 stars for commissions and fees. However, Eightcap ranks #27 out of 63 brokers in this category, whereas Alpari ranks #42 out of 63.
If you want clearer pricing guidance, Eightcap’s published Raw account pricing around 0.76 pips all-in offers helpful cost transparency, though it isn’t the absolute lowest on the market. With Alpari lacking average spread figures, you may need to weigh other features and check live quotes before deciding which broker best fits your budget.
| Feature |
Eightcap
|
Alpari
|
|---|---|---|
| Minimum Deposit | $100 | $20 |
| Average Spread EUR/USD - Standard | 1.0 | N/A |
| All-in Cost EUR/USD - Active | 0.76 | N/A |
| Active Trader or VIP Discounts [DELETED] | ||
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) [DELETED] | ||
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Eightcap wins on sheer variety, offering 803 tradeable symbols and 55 forex pairs, compared with Alpari’s 105 symbols and 46 pairs. Both brokers let you trade forex as CFDs or spot, support copy trading, and provide access to cryptocurrency derivatives (but not actual coins). Reflecting the wider catalog, Eightcap earns 3.5 stars for Range of Investments and ranks #41 out of 63 brokers on ForexBrokers.com, while Alpari scores 3 stars and ranks #64.
For exchange-traded shares, neither broker provides access to U.S.-listed stocks. However, Alpari stands out by offering exchange-traded securities on certain international exchanges, whereas Eightcap does not. Choose Eightcap if you want more symbols and forex pairs in one place; consider Alpari if access to some international exchange-traded shares matters to you.
| Feature |
Eightcap
|
Alpari
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 803 | 105 |
| Forex Pairs (Total) | 55 | 46 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Eightcap and Alpari both offer a free demo account for paper trading, plus Windows desktop and web platforms. Each supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), copy trading, and the ability to place trades directly from charts. The key difference is platform choice: Alpari also provides its own proprietary platform, while Eightcap focuses on MetaTrader. If you want a broker-built interface, Alpari has it; if you prefer a clean, MetaTrader-only setup, Eightcap fits the bill.
For Trading Platforms and Tools, both brokers earn 4 stars from ForexBrokers.com. In the same category, Eightcap ranks 39th out of 63 brokers, while Alpari ranks 56th. That gap hints that Eightcap’s platform lineup and tools may feel a bit stronger overall, but your best pick comes down to whether you value an in-house platform (Alpari) or a straightforward MetaTrader experience (Eightcap).
| Feature |
Eightcap
|
Alpari
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade [DELETED] | ||
| ZuluTrade [DELETED] | ||
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) [DELETED] | ||
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields [DELETED] |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Eightcap and Alpari both offer mobile trading apps for iPhone and Android, complete with price alerts and real-time quote watchlists. Each app includes 30 built-in technical studies, the ability to draw trendlines, and easy switching among multiple time frames like intraday, daily, and weekly—making charting and quick analysis accessible on the go.
The key differences come down to convenience features. Eightcap syncs watchlists with your online account and auto-saves chart drawings; Alpari does not. While both earn 4 stars for Mobile Trading Apps, ForexBrokers.com ranks Eightcap higher at #39 out of 63 brokers, versus Alpari at #57. If synced watchlists and saved annotations matter to you, Eightcap has the edge; if you just need core charting and alerts on iPhone or Android, both get the job done.
| Feature |
Eightcap
|
Alpari
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing market research at Eightcap vs Alpari: Eightcap supplies daily market commentary, a sentiment tool that shows long/short positioning, and research tools from Acuity Trading (e.g., Signal Centre). It does not include premium news feeds (Bloomberg/Reuters/Dow Jones), Autochartist, or Trading Central. Alpari goes the other way: it offers top-tier forex news and Autochartist, but no daily commentary, no Trading Central, and no sentiment tool. Both brokers provide an economic calendar. Alpari’s use of TipRanks or Acuity Trading isn’t indicated, while Eightcap does not offer TipRanks.
For traders who want day-to-day insights and crowd sentiment, Eightcap stands out. If you prefer integrated pro news and Autochartist pattern scanning, Alpari may appeal. Overall research scores favor Eightcap (3.5/5, ranked #40 of 63 by ForexBrokers.com) over Alpari (3/5, ranked #58 of 63).
| Feature |
Eightcap
|
Alpari
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | No | No |
| Client sentiment data | Yes | No |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | Yes | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner traders exploring forex and CFDs, both Eightcap and Alpari offer at least 10 beginner-friendly trading videos, making it easy to start with simple, step-by-step lessons. Neither broker provides 10+ advanced videos for experienced traders. Eightcap hosts client education webinars at least once a month, giving newcomers a chance to learn live and ask questions, while Alpari does not run monthly webinars. Whether either broker meets a broader threshold of 10 or more total forex/CFD education pieces (spanning articles, videos, or archived webinars) was not specified.
Details about searchable archives of past webinars and investor dictionaries with 50+ terms were not provided for either broker. According to ForexBrokers.com, Eightcap scores higher for Education with 3.5 out of 5 stars and ranks 40th out of 63 brokers, compared to Alpari’s 3 stars and 48th place. If you value live learning through regular webinars, Eightcap is the stronger pick; if you mainly want beginner video lessons, both brokers offer a similar starting point.
| Feature |
Eightcap
|
Alpari
|
|---|---|---|
| Education (Forex or CFDs) | ||
| Webinars | Yes | No |
| Client Webinars (Archived) [DELETED] | ||
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) [DELETED] |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Eightcap is better than Alpari. Eightcap finished with an overall rank of #38, while Alpari finished with an overall rank of #58.
Eightcap enhances its status as a MetaTrader-only broker with support for a suite of third-party plug-ins, including TradingView.
| Feature |
Eightcap
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Alpari
|
|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 68 |
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Both Eightcap and Alpari offer the ability to buy cryptocurrency derivatives but do not provide options for purchasing actual delivered cryptocurrency.
Eightcap vs Alpari deposit and withdrawal methods: neither broker supports ACH or SEPA transfers, both accept bank wire transfers and Skrill, Eightcap additionally supports PayPal (Alpari does not), and Visa/Mastercard availability is not specified for either.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Eightcap | Alpari | |
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| Trust Score | 85 | 68 | |
| Winner | check_circle | ||
| Review | Eightcap Review |
| Broker Screenshots | Eightcap | Alpari | |
|---|---|---|---|
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| Regulation | Eightcap | Alpari | |
|---|---|---|---|
| Trust Score | 85 | 68 | |
| Year Founded | 2009 | 1998 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 0 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | Eightcap | Alpari | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Eightcap | Alpari | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Eightcap | Alpari | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 803 | 105 | |
| Forex Pairs (Total) | 55 | 46 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Eightcap | Alpari | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.0 | N/A | |
| All-in Cost EUR/USD - Active | 0.76 | N/A | |
| Active Trader or VIP Discounts [DELETED] | |||
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Eightcap | Alpari | |
|---|---|---|---|
| Minimum Deposit | $100 | $20 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) [DELETED] | |||
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Eightcap | Alpari | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade [DELETED] | |||
| ZuluTrade [DELETED] |
| Trading Tools | Eightcap | Alpari | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Watchlists - Total Fields [DELETED] | |||
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) [DELETED] | |||
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Eightcap | Alpari | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Eightcap | Alpari | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | ||
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Eightcap | Alpari | |
|---|---|---|---|
| Education (Forex or CFDs) | |||
| Webinars | Yes | No | |
| Client Webinars (Archived) [DELETED] | |||
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) [DELETED] |
| Major Forex Pairs | Eightcap | Alpari | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Eightcap Review |
| Overall | Eightcap | Alpari | |
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| Trust Score | 85 | 68 | |
| Winner | check_circle | ||
| Review | Eightcap Review |
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