Written by ForexBrokers.com
In this head to head comparison of Eightcap vs FXOpen, 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.
When comparing the online brokers Eightcap and FXOpen, both companies are privately-owned and non-bank entities established in 2009 and 2003 respectively. In terms of regulatory compliance, Eightcap stands out with three Tier-1 licenses, indicating a high level of trust according to ForexBrokers.com standards. FXOpen holds two Tier-1 licenses, suggesting slightly lower trust levels but still within a generally reliable range.
Evaluating their Trust Scores, Eightcap receives a score of 85 out of 99, classifying it as a trusted broker. FXOpen, however, has a Trust Score of 76, placing it in the average risk category. Despite these differences, neither broker holds any Tier-2 licenses, which are considered indicative of a lower, yet still significant, level of regulatory trust.
| Feature |
Eightcap
|
FXOpen
|
|---|---|---|
| Year Founded | 2009 | 2003 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
Eightcap’s commissions and fees depend on your account type. The Raw account is commission-based with an average spread of 0.06 pips; after adding a $3.50 per-side commission, the all-in cost is about 0.76 pips—just under the industry average of 0.8 pips. The Standard account is spread-only. Overall, Eightcap is slightly pricier than the very cheapest brokers, but it earns a 4 out of 5 stars for commissions and fees and ranks #27 out of 63 at ForexBrokers.com.
FXOpen also receives 4 out of 5 stars for commissions and fees, but average spread data isn’t available, making direct cost comparisons trickier. In ForexBrokers.com’s rankings, FXOpen places #45 out of 63 for the Commissions and Fees category.
Both brokers score the same on stars, but Eightcap ranks higher and provides clearer pricing details, especially on its Raw account. If transparent, near–industry-average all-in costs matter to you, Eightcap has the edge; if you’re weighing FXOpen, consider checking its latest live spreads and any commissions by account type before deciding.
| Feature |
Eightcap
|
FXOpen
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average spread (EUR/USD) - Standard account | 1.0 | N/A |
| All-in Cost EUR/USD - Active | 0.76 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Eightcap vs FXOpen: Eightcap lists 803 tradeable symbols, including 55 forex pairs, while FXOpen offers 87 symbols with 25 pairs. Both brokers support forex trading and offer copy trading. You can trade cryptocurrencies via CFDs at both, but neither broker lets you buy actual (delivered) crypto. Also, neither offers exchange-traded securities on U.S. or international stock exchanges.
For Range of Investments, ForexBrokers.com rates Eightcap 3.5 out of 5 stars (ranked 41 out of 63), compared with FXOpen at 3 out of 5 stars (ranked 63 out of 63). If you want access to more markets and forex pairs, Eightcap has the edge; if you only need the essentials, FXOpen covers the basics.
| Feature |
Eightcap
|
FXOpen
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 803 | 87 |
| Forex Pairs (Total) | 55 | 25 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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). |
Dive deeper: Best Copy Trading Platforms.
Comparing Eightcap vs FXOpen for trading platforms and tools, both brokers check the same key boxes: free demo (paper) trading, no proprietary platform, Windows desktop download and web-based platforms, copy trading, MetaTrader 4 (MT4) and MetaTrader 5 (MT5) support, and the ability to trade directly from charts. If you already use MT4 or MT5, you can bring your workflows to either broker with minimal friction.
In expert assessments, both earn 4 out of 5 stars for Trading Platforms and Tools on ForexBrokers.com, with Eightcap ranked #39 out of 63 brokers and FXOpen ranked #54. Given the nearly identical platform lineups, that small ranking edge may steer platform-focused traders toward Eightcap, while other factors—such as pricing, product range, and customer service—may be the tie-breakers for many users.
| Feature |
Eightcap
|
FXOpen
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Eightcap and FXOpen both offer mobile trading apps for iPhone and Android, with price alerts, 30 built-in technical indicators, and the ability to draw trendlines on charts. The key differences show up in workflow: Eightcap syncs watchlists between the app and your online account, while FXOpen does not. Eightcap also auto-saves your chart drawings so your annotations are there next time; FXOpen requires you to redo them.
Both brokers earn 4 stars for Mobile Trading Apps, but Eightcap ranks higher (#39 of 63) than FXOpen (#55 of 63) on ForexBrokers.com. If you value synced watchlists and saved chart notes across devices, Eightcap is the better fit. If you mainly need alerts, indicators, and basic charting on the go, FXOpen covers the essentials.
| Feature |
Eightcap
|
FXOpen
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
Both Eightcap and FXOpen provide daily market commentary and an economic calendar. FXOpen stands out for delivering forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, while Eightcap does not. Neither broker offers research tools from Autochartist or Trading Central. Eightcap adds a sentiment-based trading tool and includes research from Acuity Trading (such as Signal Centre). Eightcap does not offer TipRanks research; FXOpen’s access to TipRanks and Acuity Trading is not specified.
For market research quality, Eightcap earns 3.5 stars and ranks 40th out of 63 brokers, while FXOpen earns 3 stars and ranks 64th. Traders who value premium news feeds may lean toward FXOpen, whereas those who want a sentiment tool and Acuity Trading insights may prefer Eightcap.
| Feature |
Eightcap
|
FXOpen
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| Trading Central | No | No |
| Client sentiment data | Yes | No |
| TipRanks | No | |
| Acuity Trading | Yes | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners seeking forex and CFD education, Eightcap has the edge over FXOpen. Eightcap runs ongoing client webinars (at least once a month) and offers 10+ beginner-focused trading videos, which means it meets the common threshold for having a meaningful education library. FXOpen does not host monthly educational webinars and does not offer 10 beginner videos, so its learning catalog is smaller. Neither broker provides 10 advanced-level videos, but beginners will find more structured, entry-level guidance at Eightcap.
Independent ratings back this up: Eightcap earns 3.5 out of 5 stars for Education and ranks #40 out of 63 brokers at ForexBrokers.com, while FXOpen scores 3 out of 5 stars and ranks #59. If you want more guided learning with webinars and starter videos, Eightcap is the more beginner-friendly choice; FXOpen may suit traders who only need a basic set of educational materials.
| Feature |
Eightcap
|
FXOpen
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | No |
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 FXOpen. Eightcap finished with an overall rank of #38, while FXOpen finished with an overall rank of #54.
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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FXOpen
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| Trust Score | 85 | 76 |
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Eightcap and FXOpen are online brokers that don’t support buying actual delivered cryptocurrencies, but both allow traders to speculate via cryptocurrency CFDs rather than owning the underlying assets.
In comparing online brokers, Eightcap supports PayPal, Skrill, and bank wire deposits and withdrawals but not ACH or SEPA, while FXOpen also does not offer ACH or SEPA and its availability of PayPal, Skrill, Visa/Mastercard, or bank wires is not specified.
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 | FXOpen | |
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| Trust Score | 85 | 76 | |
| Winner | check_circle | ||
| Review | Eightcap Review |
| Broker Screenshots | Eightcap | FXOpen | |
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| Broker Gallery (click to expand) |
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| Regulation | Eightcap | FXOpen | |
|---|---|---|---|
| Trust Score | 85 | 76 | |
| Year Founded | 2009 | 2003 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 2 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | Eightcap | FXOpen | |
|---|---|---|---|
| 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 | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes |
| Tier-2 Licenses (Trusted) | Eightcap | FXOpen | |
|---|---|---|---|
| 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 | FXOpen | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 803 | 87 | |
| Forex Pairs (Total) | 55 | 25 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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). |
| Cost | Eightcap | FXOpen | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.0 | N/A | |
| All-in Cost EUR/USD - Active | 0.76 | N/A | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Eightcap | FXOpen | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | Eightcap | FXOpen | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | Eightcap | FXOpen | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Eightcap | FXOpen | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Eightcap | FXOpen | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central | No | No | |
| TipRanks | No | ||
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Eightcap | FXOpen | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | Eightcap | FXOpen | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Eightcap Review |
| Overall | Eightcap | FXOpen | |
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| Trust Score | 85 | 76 | |
| Winner | check_circle | ||
| Review | Eightcap Review |
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