Written by ForexBrokers.com
In this head to head comparison of Eightcap vs TopFX, 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, founded in 2009, holds a respectable position within the realm of online brokers. It is not publicly traded and does not operate as a bank, but it distinguishes itself with three Tier-1 licenses, considered highly trusted, according to ForexBrokers.com. These credentials contribute to its Trust Score rating of 85 out of 99, categorizing it as a trusted broker.
In contrast, TopFX, which began operations in 2010, also remains privately held and is not a bank. While it possesses one Tier-1 license, its Trust Score of 67 reflects a higher risk designation compared to Eightcap. With both brokers maintaining non-bank, non-public statuses, discerning investors might find Eightcap's licensing and trust ratings more reassuring.
| Feature |
Eightcap
|
TopFX
|
|---|---|---|
| Year Founded | 2009 | 2010 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
If you’re comparing Eightcap vs TopFX on commissions and fees, here’s how they stack up. Both earn 4 out of 5 stars for pricing. However, Eightcap ranks #27 out of 63 brokers in ForexBrokers.com’s Commissions and Fees category, while TopFX ranks #41. That suggests Eightcap edges out TopFX on overall cost, though neither is the absolute cheapest.
Eightcap offers two account types across its global entities: the commission-based Raw account and the spread-only Standard account. On the Raw plan, the average spread is 0.06 pips on EUR/USD, and with a $3.50 per-side commission the estimated all-in cost is about 0.76 pips—slightly under the industry average of 0.8 pips. The Standard account has no commission but typically wider spreads. Overall, Eightcap’s pricing is competitive, if a bit higher than the very lowest-cost forex brokers.
TopFX also provides two choices: the commission-based RAW account and the spread-only ZERO account (both on MetaTrader and cTrader). In July 2024, the RAW account averaged 0.33 pips on EUR/USD; adding a 2.75 EUR per-side commission (5.50 EUR round turn) puts the all-in cost near 0.88 pips, which is roughly in line with the industry average. The ZERO account charges no commission but averaged about 1.03 pips on EUR/USD, making it simpler but usually pricier per trade than the RAW option.
| Feature |
Eightcap
|
TopFX
|
|---|---|---|
| Minimum Deposit | $100 | Depends on payment method |
| Average spread (EUR/USD) - Standard account | 1.0 | 1.03 |
| All-in Cost EUR/USD - Active | 0.76 | 0.88 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Eightcap and TopFX both support forex trading as CFDs and spot contracts. Eightcap lists 803 tradeable symbols, while TopFX offers 655. When it comes to currency pairs, TopFX has a slight edge with 60 forex pairs versus Eightcap’s 55. Neither broker provides access to exchange-traded stocks on U.S. or international exchanges. Both offer copy trading, and while neither lets you buy actual cryptocurrency, each supports cryptocurrency CFDs.
For Range of Investments, both brokers earn 3.5 stars. In ForexBrokers.com’s rankings, Eightcap places #41 out of 63 brokers, ahead of TopFX at #47. Choose Eightcap if you want a larger overall list of instruments; pick TopFX if having more forex pairs is your priority.
| Feature |
Eightcap
|
TopFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 803 | 655 |
| Forex Pairs (Total) | 55 | 60 |
| 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). | 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 online brokers Eightcap and TopFX on trading platforms and tools: both offer free demo (paper) accounts, copy trading, and the ability to place trades directly from charts. They also provide Windows desktop downloads and web-based platforms, and neither offers a proprietary, in-house platform. Each supports MetaTrader 4 (MT4); the key difference is that Eightcap also supports MetaTrader 5 (MT5), while TopFX does not.
For quality, both brokers earn 4 out of 5 stars for Trading Platforms and Tools. In ForexBrokers.com’s 2024 rankings, Eightcap sits at #39 out of 63 brokers, while TopFX is #46. If you want MT5 alongside MT4, Eightcap has the edge; if MT4 is all you need, both provide familiar tools, chart-based trading, copy trading, and easy access via desktop and web.
| Feature |
Eightcap
|
TopFX
|
|---|---|---|
| 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 | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Eightcap and TopFX both offer mobile trading apps for iPhone and Android. Each app includes price alerts, 30 technical indicators, trendline drawing, and autosaving for chart annotations. The standout difference is watchlist syncing: Eightcap syncs your watchlists across mobile and your online account, while TopFX does not, so symbols you add on one device won’t appear on the other with TopFX.
Both apps earn 4 out of 5 stars for mobile trading. Among 63 brokers reviewed by ForexBrokers.com, Eightcap ranks #39 and TopFX ranks #52. If cross-device watchlist syncing matters to you, Eightcap is the better pick. If you mainly want price alerts, common charting tools, and dependable iPhone and Android access, either app will get the job done.
| Feature |
Eightcap
|
TopFX
|
|---|---|---|
| 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 | Yes |
Dive deeper: Best Forex Trading Apps.
For market research, Eightcap stands out for everyday insights: it offers daily market commentary, an economic calendar, a sentiment tool showing long vs. short positions, and extra signals from Acuity Trading (Signal Centre). However, Eightcap does not include premium forex news feeds (such as Bloomberg, Reuters, or Dow Jones), and it lacks popular add-ons like Autochartist and Trading Central. Overall, Eightcap earns 3.5 out of 5 stars for research and ranks 40th out of 63 brokers according to ForexBrokers.com.
TopFX skips daily market commentary but counters with premium forex news from top-tier sources and a strong set of third‑party tools, including Autochartist and Trading Central, plus a sentiment tool and an economic calendar. Market research from TipRanks and tools from Acuity Trading were not specified. TopFX receives 3 out of 5 stars for research and ranks 61st out of 63. Choose Eightcap if you value daily commentary and Acuity Trading signals; pick TopFX if you want embedded technical tools and headline-grade news.
| Feature |
Eightcap
|
TopFX
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | Yes |
| Trading Central | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | |
| Acuity Trading | Yes | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Eightcap vs TopFX for beginner education: Eightcap stands out with live client webinars held at least once a month and a library of 10+ beginner-focused videos that explain core forex and CFD trading topics in simple terms. TopFX, by contrast, does not run monthly client webinars and does not meet the 10-video threshold for beginner lessons. Neither broker currently offers 10 or more advanced trading videos, so experienced traders may find the video catalog limited.
Independent ratings from ForexBrokers.com reflect this gap: Eightcap earns 3.5 out of 5 stars for Education and ranks #40 out of 63 brokers, while TopFX scores 3 out of 5 and ranks #62 of 63. For newcomers who want structured guidance via webinars and a fuller set of beginner videos, Eightcap is the stronger starting point; TopFX delivers lighter educational coverage.
| Feature |
Eightcap
|
TopFX
|
|---|---|---|
| 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 TopFX. Eightcap finished with an overall rank of #38, while TopFX finished with an overall rank of #62.
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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TopFX
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|---|---|---|
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| Trust Score | 85 | 67 |
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In the Eightcap vs TopFX comparison, both online brokers do not support purchasing actual (delivered) cryptocurrencies, but they do offer cryptocurrency CFD trading.
Comparing online brokers Eightcap and TopFX for deposits and withdrawals: neither supports ACH or SEPA transfers, both support PayPal and Skrill, bank wire transfers are available at both, 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 | TopFX | |
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| Trust Score | 85 | 67 | |
| Winner | check_circle | ||
| Review | Eightcap Review | TopFX Review |
| Broker Screenshots | Eightcap | TopFX | |
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| Regulation | Eightcap | TopFX | |
|---|---|---|---|
| Trust Score | 85 | 67 | |
| Year Founded | 2009 | 2010 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | Eightcap | TopFX | |
|---|---|---|---|
| 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 | Yes |
| Tier-2 Licenses (Trusted) | Eightcap | TopFX | |
|---|---|---|---|
| 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 | TopFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 803 | 655 | |
| Forex Pairs (Total) | 55 | 60 | |
| 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). | 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 | TopFX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.0 | 1.03 | |
| All-in Cost EUR/USD - Active | 0.76 | 0.88 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Eightcap | TopFX | |
|---|---|---|---|
| Minimum Deposit | $100 | Depends on payment method | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Eightcap | TopFX | |
|---|---|---|---|
| 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 | No | |
| cTrader | No | Yes |
| Trading Tools | Eightcap | TopFX | |
|---|---|---|---|
| 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 | TopFX | |
|---|---|---|---|
| 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 | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Eightcap | TopFX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | Yes | |
| Trading Central | No | Yes | |
| TipRanks | No | ||
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Eightcap | TopFX | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | Eightcap | TopFX | |
|---|---|---|---|
| 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 | TopFX Review |
| Overall | Eightcap | TopFX | |
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| Trust Score | 85 | 67 | |
| Winner | check_circle | ||
| Review | Eightcap Review | TopFX Review |
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