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FP Markets vs Eightcap 2026

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of FP Markets vs Eightcap, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

FP Markets
4.5/5 Stars Overall
  • Minimum Deposit: $100 AUD
  • Trust Score: 89
  • Tradeable Symbols (Total): 10000
Eightcap
4/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 87
  • Tradeable Symbols (Total): 803

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.

Regulation

FP Markets (founded 2005) and Eightcap (founded 2009) are both online brokers that are not publicly traded and are not banks. According to ForexBrokers.com, FP Markets has a Trust Score of 89 and Eightcap scores 87; both fall in the “trusted” range of 80–89 on a 99-point scale, where higher numbers signal greater trust.

On regulation, FP Markets holds 2 Tier-1 licenses (highest trust) and 1 Tier-2 license (trusted), while Eightcap holds 3 Tier-1 licenses and 1 Tier-2 license. In short, both brokers are considered trusted, with Eightcap carrying one additional Tier-1 license and FP Markets scoring slightly higher overall on the trust scale.

Feature FP Markets logoFP Markets
Eightcap logoEightcap
Year Founded info 2005 2009
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 2 3
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 2

Fees

Comparing commissions and fees, FP Markets (5 stars; ranked #11 of 63) and Eightcap (4 stars; ranked #20 of 63) both offer a choice between spread-only Standard accounts and commission-based Raw accounts. FP Markets delivers award-winning pricing (Best in Class for Commissions and Fees, 2024) across MetaTrader and cTrader, and also provides Direct Market Access (DMA) for share CFDs via Iress. Eightcap’s pricing spans its global entities and focuses on straightforward MetaTrader access.

FP Markets’ Raw ECN account averages about 0.1 pips, with a $6 round-turn commission per standard lot, for an all-in cost around 0.8 pips on major pairs like EUR/USD. Its Standard account is pricier, averaging 1.1 pips. For share CFDs, Iress ViewPoint delivers DMA and depth of book, but platform and data fees can apply unless you qualify for the Premier tier or generate at least AUD 150 in monthly commissions; the lower-cost Iress Investor waives monthly fees but lacks streaming data and advanced charting.

Eightcap’s Raw account lists an average spread of 0.06 pips plus a $3.50 per-side commission, yielding about 0.76 pips all-in—just under the industry’s 0.8-pip benchmark and fractionally cheaper than FP Markets’ Raw by the numbers. Eightcap’s Standard account is spread-only and will generally cost more than its Raw option. Overall, Eightcap is slightly more expensive than the very cheapest forex brokers, while FP Markets combines near-bottom-line pricing with extra platform choices and DMA—offset by possible Iress fees if you’re not an active trader.

Feature FP Markets logoFP Markets
Eightcap logoEightcap
Minimum Deposit info $100 AUD $100
Average spread (EUR/USD) - Standard account info 1.3 info 1.0 info
All-in Cost EUR/USD - Active info 0.9 info 0.76
Non-wire bank transfer info No No
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

FP Markets vs Eightcap: both brokers offer forex trading either as CFDs or spot contracts and support copy trading. FP Markets provides a much wider selection overall, with 10,000 tradeable symbols and 71 currency pairs, compared with Eightcap’s 803 symbols and 55 pairs. Both also offer access to cryptocurrency markets through crypto CFDs.

Neither broker lets you buy actual exchange-traded shares on U.S. or international markets, and neither offers delivered cryptocurrency (only CFDs). For range of investments, FP Markets is rated 4.5/5 stars and ranks 16th out of 63 brokers, while Eightcap is rated 3.5/5 stars and ranks 29th. If you want the broadest choice of markets, FP Markets has the edge.

Feature FP Markets logoFP Markets
Eightcap logoEightcap
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 10000 803
Forex Pairs (Total) info 71 55
U.S. Stocks (Shares) info No No
Global Stocks (Non-U.S. Shares) info No No
Copy Trading info Yes Yes info
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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.

Trading platforms and tools

FP Markets and Eightcap both check the key boxes for trading platforms and tools: each offers a free demo account, web and Windows desktop platforms, MetaTrader 4 and MetaTrader 5, copy trading, and the ability to place orders directly from charts. A standout difference is that FP Markets provides its own proprietary platform in addition to MetaTrader, while Eightcap relies on third‑party platforms rather than an in‑house app.

For quality, both brokers earn 4 stars for Trading Platforms and Tools. In ForexBrokers.com rankings, FP Markets places higher at #22 out of 63 brokers, compared with Eightcap at #31. If you want an extra in‑house platform option alongside MetaTrader, FP Markets edges ahead; if you prefer a streamlined MetaTrader‑only setup, Eightcap is a straightforward pick.

Feature FP Markets logoFP Markets
Eightcap logoEightcap
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes Yes info
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
Charting - Indicators / Studies (Total) info 30 30
Charting - Trade From Chart info Yes Yes

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

FP Markets and Eightcap both offer mobile trading apps for iPhone and Android, with key features like price alerts, trendline drawing, and autosaving of chart annotations. A standout difference is watchlists: Eightcap syncs your watchlist with your online account so changes carry across, while FP Markets does not offer this syncing.

For charting, FP Markets uses MetaTrader’s default set of technical studies, whereas Eightcap lists 30 studies in its app. Both brokers earned 4 stars for Mobile Trading Apps from ForexBrokers.com, though FP Markets ranks higher overall in the category (#20 out of 63) compared with Eightcap (#31). Choose Eightcap if synced watchlists and a defined indicator count matter most; pick FP Markets if you’re comfortable with MetaTrader’s studies and value its higher category ranking.

Feature FP Markets logoFP Markets
Eightcap logoEightcap
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info No Yes
Mobile Charting - Indicators / Studies info MetaTrader (Default) 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

FP Markets vs Eightcap: both brokers cover the basics for market research with daily market commentary, an economic calendar, and a sentiment tool that shows long/short positioning. FP Markets earns a higher Research score (4/5 stars, ranked #22 of 63 by ForexBrokers.com) than Eightcap (3.5/5 stars, ranked #33 of 63), reflecting broader news coverage and more built-in analysis tools.

FP Markets provides forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones, and adds Autochartist and Trading Central for technical and fundamental insights. Eightcap does not include those specific news feeds or tools, but it does offer Acuity Trading’s Signal Centre for trade ideas. Neither broker features TipRanks. If you want premium news and classic third-party toolsets, FP Markets stands out; if you value Signal Centre alongside core features like commentary, sentiment, and an economic calendar, Eightcap still covers key needs.

Feature FP Markets logoFP Markets
Eightcap logoEightcap
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info Yes No
Trading Central info Yes No
Client sentiment data info Yes Yes
TipRanks info No No
Acuity Trading info No Yes
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

FP Markets vs Eightcap for beginner education: both host ongoing client webinars (at least once a month) and each offers 10+ beginner-friendly videos on forex and CFD trading. That makes either platform a practical starting point if you like learning through videos and live sessions. Where they differ is in how far you can go with video-based learning: FP Markets also provides 10+ advanced trading videos, while Eightcap does not, giving FP Markets an edge if you plan to progress beyond the basics.

Independent ratings back this up. FP Markets earns 4 out of 5 stars for Education and ranks 22nd out of 63 brokers on ForexBrokers.com, while Eightcap scores 3.5 stars and ranks 31st. If you want a larger video library and a smoother path from beginner to more advanced topics, FP Markets is the stronger choice. If you mainly want monthly webinars and beginner videos to get started, Eightcap still fits the bill.

Feature FP Markets logoFP Markets
Eightcap logoEightcap
Webinars info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that FP Markets is better than Eightcap. FP Markets finished with an overall rank of #19, while Eightcap finished with an overall rank of #30.

FP Markets shines as a low-cost broker for trading forex and CFDs – as long as you use the MetaTrader platform. The Iress platform suite offers well over 9,000 tradeable symbols, but it’s mostly a share trading platform – and is generally a much pricier option.

Feature FP Markets logoFP Markets
Eightcap logoEightcap
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 89 87
Range of Investments 4.5/5 Stars 3.5/5 Stars
Trading Fees 5/5 Stars 4/5 Stars
Trading Platforms 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with FP Markets or Eightcap?

FP Markets vs Eightcap: neither broker offers the ability to buy actual (delivered) cryptocurrency, but both allow trading cryptocurrency CFDs.

What funding options does each broker offer?

Both FP Markets and Eightcap support PayPal, Skrill, and bank wire deposits and withdrawals, do not offer ACH or SEPA transfers, and provide no specified details on Visa or Mastercard funding options.

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Overall Rating FP Markets Eightcap
Overall Rating info 4.5/5 Stars 4/5 Stars
Trading Fees 5/5 Stars 4/5 Stars
Range of Investments 4.5/5 Stars 3.5/5 Stars
Trading Platforms 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 89 87
Winner check_circle
Review FP Markets Review Eightcap Review
Broker Screenshots FP Markets Eightcap
Broker Gallery (click to expand) info
FP Markets MT5 mobile trading app watchlist FP Markets MetaTrader 5 MT5 desktop platform. FP Markets research blog technical report detail. FP Markets educational lessons.
Eightcap MT4 mobile app charts. Eightcap MT5 web. Eightcap economic calendar event detail. Eightcap Labs educational content learning academy.
Regulation FP Markets Eightcap
Trust Score info 89 87
Year Founded info 2005 2009
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 2 3
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 2
Tier-1 Licenses (Highly Trusted) FP Markets Eightcap
Australia (ASIC Authorised) info Yes Yes
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (FSA Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info No Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) FP Markets Eightcap
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA, FSRA, or SCA Authorised) info No Yes info
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments FP Markets Eightcap
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 10000 803
Forex Pairs (Total) info 71 55
U.S. Stocks (Shares) info No No
Global Stocks (Non-U.S. Shares) info No No
Copy Trading info Yes Yes info
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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 FP Markets Eightcap
Average spread (EUR/USD) - Standard account info 1.3 info 1.0 info
All-in Cost EUR/USD - Active info 0.9 info 0.76
Inactivity Fee info No No
Order execution: Agency info No Yes
Order execution: Market Maker info Yes Yes
Funding FP Markets Eightcap
Minimum Deposit info $100 AUD $100
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info No No
Trading Platforms FP Markets Eightcap
Proprietary Desktop Trading Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes Yes info
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info Yes No
Trading Tools FP Markets Eightcap
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 30 30
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading FP Markets Eightcap
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info No Yes
Mobile Charting - Indicators / Studies info MetaTrader (Default) 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes
Mobile Research - Economic Calendar info Yes Yes
Research FP Markets Eightcap
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info Yes No
Trading Central info Yes No
TipRanks info No No
Client sentiment data info Yes Yes
Economic Calendar info Yes Yes
Education FP Markets Eightcap
Webinars info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs FP Markets Eightcap
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review FP Markets Review Eightcap Review
Overall FP Markets Eightcap
Overall Rating info 4.5/5 Stars 4/5 Stars
Trading Fees 5/5 Stars 4/5 Stars
Range of Investments 4.5/5 Stars 3.5/5 Stars
Trading Platforms 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 89 87
Winner check_circle
Review FP Markets Review Eightcap Review
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