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 | 1 | 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 | 1.0 | N/A |
| All-in Cost EUR/USD - Active | 0.76 | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Eightcap vs FXOpen: When it comes to range of investments, Eightcap offers far more choice with 800 tradeable symbols and 56 forex pairs, compared with FXOpen’s 87 symbols and 25 forex pairs. Both brokers support forex trading, offer copy trading, and provide access to cryptocurrency derivatives. Neither broker lets you buy actual cryptocurrencies or real, exchange-listed shares on U.S. or international stock exchanges.
For breadth, Eightcap scores 3.5/5 stars and ranks 41st out of 63 brokers for Range of Investments on ForexBrokers.com, while FXOpen scores 3/5 stars and ranks 63rd. If you want more markets and currency pairs under one roof, Eightcap is the stronger match; if you only need a smaller lineup and don’t require direct stock or real-crypto purchases, FXOpen can still work.
| Feature |
Eightcap
|
FXOpen
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 800 | 87 |
| Forex Pairs (Total) | 56 | 25 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| 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). |
Dive deeper: Best Copy Trading Platforms.
Eightcap vs FXOpen: both brokers deliver familiar MetaTrader 4 and MetaTrader 5 across Windows desktop and web, plus free demo (paper) trading and copy trading. Neither offers a broker-built platform, but both let you trade from the chart, provide 15 drawing tools, and include 7 column fields for watchlists. Indicator counts weren’t specified. For social trading extras, FXOpen supports ZuluTrade while DupliTrade isn’t available at either broker.
According to ForexBrokers.com, both brands earn 4 out of 5 stars for trading platforms and tools, with Eightcap ranked 39th of 63 brokers and FXOpen 54th of 63. If you want straightforward MetaTrader access with similar charting and watchlist features, both are strong choices; pick Eightcap for the higher category ranking, or choose FXOpen if ZuluTrade is a must-have for your copy trading strategy.
| Feature |
Eightcap
|
FXOpen
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | No |
| 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 | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Comparing Eightcap and FXOpen for mobile trading, both brokers offer iPhone and Android apps with real-time quotes, price alerts, and the ability to build watchlists. Each app supports 30 technical indicators, drawing tools like trendlines, and multiple chart time frames (intraday to weekly), making them solid choices for chart-driven forex and CFD traders.
The key differences show up in workflow. Eightcap syncs watchlists between the mobile app and your online account and auto-saves chart drawings, while FXOpen does not offer syncing or auto-save. Both are rated 4 stars for Mobile Trading Apps, but ForexBrokers.com ranks Eightcap #39 out of 63 brokers versus FXOpen at #55. If you want seamless watchlist syncing and saved annotations, Eightcap is the better fit; if you only need core tools and alerts, FXOpen gets the job done.
| Feature |
Eightcap
|
FXOpen
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | 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 - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Eightcap and FXOpen both cover the basics with daily market commentary and an economic calendar. FXOpen stands out for offering top-tier news from sources like Bloomberg, Reuters, or Dow Jones, which can help you track breaking headlines. Eightcap doesn’t include those premium news feeds, but it does provide a handy sentiment tool that shows long vs. short positioning across markets. Neither broker features Autochartist or Trading Central. Eightcap does not offer TipRanks or Acuity Trading tools, while FXOpen’s availability of TipRanks and Acuity tools is not specified.
If you value a live newswire from major outlets, FXOpen has the edge. If you want an in-platform sentiment gauge to guide timing and crowd positioning, Eightcap is the better fit. Reflecting this balance, ForexBrokers.com rates Eightcap 3.5 stars for Research and ranks it 40th, while FXOpen earns 3 stars and is ranked 64th in the Research category.
| Feature |
Eightcap
|
FXOpen
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Eightcap is the stronger pick for beginner traders seeking forex and CFD education. It offers at least 10 learning pieces focused on forex/CFDs, 10+ beginner-friendly videos, and a searchable archive of recorded webinars. FXOpen does not meet the 10-piece education threshold, does not offer 10+ beginner videos, and has no webinar archive. Neither broker runs monthly educational webinars, and neither provides 10+ advanced trading videos. Both do offer an investor dictionary with 50+ terms.
These differences show up in independent ratings: Eightcap earns 3.5 out of 5 stars for Education and ranks 40th out of 63 brokers at ForexBrokers.com, while FXOpen scores 3 stars and ranks 59th. If you want a broker with more beginner-focused lessons and on-demand webinar content, Eightcap has the edge; if a simple glossary is enough, FXOpen may suffice.
| Feature |
Eightcap
|
FXOpen
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | Yes |
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
|
FXOpen
|
|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 76 |
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Both Eightcap and FXOpen do not offer the ability to buy actual delivered cryptocurrencies, but they do provide options for trading cryptocurrency derivatives.
In comparing online brokers, Eightcap and FXOpen both support Skrill, Visa, Mastercard, and bank wire transactions, but only Eightcap offers PayPal as an additional option, whereas neither broker provides ACH or SEPA transfer options.
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 | 1 | 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/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Eightcap | FXOpen | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 800 | 87 | |
| Forex Pairs (Total) | 56 | 25 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| 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). |
| Cost | Eightcap | FXOpen | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.0 | N/A | |
| All-in Cost EUR/USD - Active | 0.76 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Eightcap | FXOpen | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Eightcap | FXOpen | |
|---|---|---|---|
| Proprietary Platform | No | No | |
| 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 | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | Eightcap | FXOpen | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| 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 Alerts - Basic Fields | 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 - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Eightcap | FXOpen | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | No | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Eightcap | FXOpen | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Eightcap | FXOpen | |
|---|---|---|---|
| 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 | FXOpen | |
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| Trust Score | 85 | 76 | |
| Winner | check_circle | ||
| Review | Eightcap Review |
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