Written by ForexBrokers.com
In this head to head comparison of FxPro vs Eightcap, 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.
FxPro and Eightcap are both reputable online brokers, though they have some differences in their regulatory standings. Established in 2006, FxPro is not publicly traded, but it operates as a bank and has garnered a high ForexBrokers.com Trust Score of 93 out of 99, indicating it is highly trusted. It holds two Tier-1 licenses and one Tier-2 license, which bolsters its credibility in the financial market. In contrast, Eightcap was founded in 2009 and is also not listed on a stock exchange. This broker isn’t a bank, but it manages to hold a respectable Trust Score of 85, placing it in the trusted category. Eightcap holds a higher number of Tier-1 licenses at three, though it lacks Tier-2 licenses.
| Feature |
FxPro
|
Eightcap
|
|---|---|---|
| Year Founded | 2006 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | No |
| Tier-1 Licenses | 2 | 3 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing FxPro to Eightcap in terms of commissions and fees, both brokers flaunt a four-star rating, yet they differ subtly in their pricing structures. FxPro offers multiple execution methods on its MT4 platform, with traders choosing between variable and fixed spreads. While FxPro provides competitive spreads on its cTrader platform, with an effective spread of approximately 1.27 pips for the EUR/USD pair, its pricing is generally above industry averages. The broker offers an Active Trader program in its Elite account with discounts up to 30%, though this still falls short compared to programs from top competitors. FxPro is ranked #32 out of 62 brokers by ForexBrokers.com in the Commissions and Fees category.
Conversely, Eightcap offers two main account options: the commission-based Raw account and the spread-only Standard account. The Raw account posts an average spread of 0.06 pips, but once you add the $3.50 commission per trade, the overall cost lands at approximately 0.76 pips, which is slightly below the industry average of 0.8 pips. While Eightcap is deemed a bit more expensive compared to the lowest-cost forex brokers, its overall cost framework still positions it favorably in the market. Eightcap ranks higher than FxPro at #26 out of 62 brokers for commissions and fees according to ForexBrokers.com.
| Feature |
FxPro
|
Eightcap
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | 1.51 | 1.0 |
| All-in Cost EUR/USD - Active | 1.27 | 0.76 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When evaluating the range of investments offered by FxPro and Eightcap, FxPro stands out with a significantly broader array of 2,249 tradeable symbols compared to Eightcap's 736. In terms of forex trading, both brokers allow trading as a CFD or spot contract, though FxPro offers access to 70 forex pairs while Eightcap provides 56. Notably, FxPro uniquely offers access to exchange-traded securities on international exchanges, whereas Eightcap does not provide this option. Both brokers offer copy trading services and enable cryptocurrency derivative trading, but neither allows purchasing actual cryptocurrencies.
FxPro earns a higher rating of 4 stars for its investment range compared to Eightcap's 3.5 stars. Furthermore, FxPro is ranked #28 out of 62 brokers in the Range of Investments category by ForexBrokers.com, placing it ahead of Eightcap, which is ranked #40. Overall, while both brokers cover essential investment types, FxPro offers a more extensive selection and superior opportunities on international exchanges, making it the preferable choice for investors prioritizing diverse investment options.
| Feature |
FxPro
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2249 | 736 |
| Forex Pairs (Total) | 70 | 56 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | 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). | 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.
FxPro and Eightcap both provide excellent trading platforms and tools for online trading. Both brokers offer free demo accounts for simulated trading, giving beginners a chance to practice without risking real money. While FxPro provides a proprietary platform developed in-house, Eightcap doesn't, which might sway those looking for unique software towards FxPro. Both brokers offer trading platforms compatible with Windows desktops and browsers, and they support MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Additionally, both offer copy trading, but neither supports DupliTrade or ZuluTrade.
Charting tools vary between the two, with FxPro providing 25 drawing tools compared to Eightcap's 15. Both brokers, however, allow trading directly from stock charts. When it comes to customizing watch lists, Eightcap offers a slight advantage with seven columns, compared to FxPro's six. Both have received a solid rating of four stars for their trading platforms and tools. Yet, FxPro has the edge in rankings, coming in at 17th out of 62 brokers on ForexBrokers.com, while Eightcap is positioned at 38th. This difference could be crucial for traders prioritizing platform innovation and versatility.
| Feature |
FxPro
|
Eightcap
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | 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 | No |
| Charting - Indicators / Studies (Total) | 53 | 30 |
| Charting - Drawing Tools (Total) | 25 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both FxPro and Eightcap offer commendable solutions compatible with iPhone and Android devices. Both platforms provide essential features like stock or forex price alerts, and the ability to create watchlists that integrate seamlessly with an online account. This means any changes you make to your watchlist on one device will automatically update on the other. Additionally, both apps allow traders to draw trendlines on charts and view multiple time frames. These features make tracking and analyzing investments convenient for users who appreciate real-time quotes and up-to-date information right at their fingertips.
FxPro, however, stands out with a higher offering of 65 technical studies available in its mobile app, compared to Eightcap's 30. This breadth of options gives traders on FxPro richer analytical tools for making informed decisions. Furthermore, FxPro's app is rated at 4.5 stars for mobile trading, placing it as the 15th-ranking platform out of 62 brokers reviewed by ForexBrokers.com. In comparison, Eightcap holds a respectable 4-star rating but ranks lower at #38. Both platforms auto-save chart drawings, preserving the time and effort spent on analysis, ensuring a hassle-free trading experience.
| Feature |
FxPro
|
Eightcap
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 65 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
FxPro and Eightcap both excel in offering valuable market insights to traders, with each platform providing daily market commentary and comprehensive economic calendars. However, when it comes to accessing top-tier forex news, FxPro pulls ahead by offering insights from reputable sources like Bloomberg and Reuters, a feature Eightcap lacks. Moreover, FxPro enriches trading experience with tools from Trading Central, enabling users to perform detailed technical analysis—a benefit not available with Eightcap. Both brokers offer sentiment-based trading tools to keep traders informed about market sentiment across currency pairs.
Despite Eightcap holding its ground with a decent array of research tools, its offerings don't entirely match the comprehensive research features available on FxPro. The distinction is reflected in their respective research ratings: FxPro earns a commendable 4 out of 5 stars, while Eightcap scores slightly lower at 3.5 stars. Additionally, FxPro's stronger research capabilities are acknowledged by ForexBrokers.com, where it sits at the 26th position among 62 brokers in the Research category, compared to Eightcap's 39th rank. Overall, FxPro seems to provide a more complete package for those prioritizing in-depth market analysis and news.
| Feature |
FxPro
|
Eightcap
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educating beginners on forex and CFDs, both FxPro and Eightcap excel in providing foundational resources. They each offer over 10 educational pieces such as articles, videos, and archived webinars, with content specifically focused on forex and trading instruments. However, neither platform offers recurring live educational webinars. What gives both a leg up are their searchable archives of past webinars, helping users learn at their own pace. Additionally, newcomers can benefit from each broker's library of beginner-focused videos designed to ease the learning curve of trading.
Both FxPro and Eightcap offer an investor dictionary with over 50 investing terms, fueling deeper learning. However, neither provides a substantial number of advanced educational videos, which might be a consideration for experienced traders seeking to enhance their skills further. FxPro stands out slightly with a 4-star rating in education, ranking 18th among 62 brokers reviewed by ForexBrokers.com, whereas Eightcap holds a 3.5-star rating and is ranked 40th. Therefore, beginners looking for a comprehensive educational experience may find FxPro slightly more appealing.
| Feature |
FxPro
|
Eightcap
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that FxPro is better than Eightcap. FxPro finished with an overall rank of #21, while Eightcap finished with an overall rank of #38.
FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods. It provides its own proprietary FxPro Edge app – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions).
| Feature |
FxPro
|
Eightcap
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 93 | 85 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both FxPro and Eightcap provide opportunities to invest in cryptocurrency derivatives, but neither platform offers the option to purchase actual, delivered cryptocurrency.
In a comparison of online brokers, FxPro offers a more diverse range of fund deposit and withdrawal options, including ACH and SEPA transfers, PayPal, Skrill, Visa or Mastercard, and bank wires, whereas Eightcap matches FxPro's offerings in PayPal, Skrill, Visa or Mastercard, and bank wires, but lacks the option for ACH and SEPA transfers.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | FxPro | Eightcap | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 85 | |
| Winner | check_circle | ||
| Review | FxPro Review | Eightcap Review |
| Broker Screenshots | FxPro | Eightcap | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
|
| |
| Mobile Trading Gallery (click to expand) |
|
| |
| Research Gallery (click to expand) |
|
| |
| Education Gallery (click to expand) |
|
|
| Regulation | FxPro | Eightcap | |
|---|---|---|---|
| Trust Score | 93 | 85 | |
| Year Founded | 2006 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 3 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | FxPro | Eightcap | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| 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) | FxPro | Eightcap | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FxPro | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2249 | 736 | |
| Forex Pairs (Total) | 70 | 56 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | 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). | 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 | FxPro | Eightcap | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.51 | 1.0 | |
| All-in Cost EUR/USD - Active | 1.27 | 0.76 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | FxPro | Eightcap | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | FxPro | Eightcap | |
|---|---|---|---|
| Proprietary Platform | Yes | 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 | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FxPro | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 53 | 30 | |
| Charting - Drawing Tools (Total) | 25 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FxPro | Eightcap | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 65 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FxPro | Eightcap | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FxPro | Eightcap | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | FxPro | Eightcap | |
|---|---|---|---|
| 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 | FxPro Review | Eightcap Review |
| Overall | FxPro | Eightcap | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 85 | |
| Winner | check_circle | ||
| Review | FxPro Review | Eightcap Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill