Comparison of Eightcap and FP Markets
| Feature | Eightcap | FP Markets |
|---|---|---|
| Broker | ||
| Year Founded | 2009 | 2005 |
| Broker Type | ECN | ECN |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | ASIC, SCB, CySEC, FCA, SFSA | ASIC, CySEC, FSCA, SVGFSA, SFSA |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:500 | 1:500 |
| Minimum Deposit | $100 | $100 |
| Base Currencies | AUD, USD, EUR, GBP, NZD, CAD, SGD | USD, AUD, EUR, GBP, SGD, CHF, CAD, NZD, JPY, HKD, PLN, ZAR, MXN, BRL |
| Funding Methods | Credit/Debit Card, Bank Transfer, PayPal, Skrill, Neteller, POLi, BPAY, FasaPay, Wise, PayRetailers, Cryptocurrencies (BTC, USDT) | Bank Wire, Credit Card, Debit Card, Neteller, Skrill, SticPay, FasaPay, Virtual Pay, Perfect Money, Pagsmile, Dragonpay, USDT (Tether), USDC (USD Coin), TUSD (TrueUSD), BTC (Bitcoin), BCH (Bitcoin Cash), ADA (Cardano), DASH (Dash), ETH (Ethereum), LTC (Litecoin), XRP (XRP), ZEC (Zcash) |
| Inactivity Fee | ✖ | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | - | Investor Compensation Fund (ICF) |
| Protection Size | - | €20 000 |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✔ |
| Copy Trading | ✔ | ✔ |
| VPS | ✔ | ✔ |
| MAM/PAMM | ✔ | ✔ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✔ | ✔ |
| Tradable Assets (CFDs) | Forex, Indices, Shares, Commodities, Cryptocurrencies | Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities |
| Review | Eightcap Review | FP Markets Review |
About Eightcap
Eightcap is an Australian-born fintech broker that has grown into a global CFD hub since 2009. It combines low-cost pricing with an unusually broad market range, letting clients trade forex, stocks, indices, commodities and hundreds of crypto pairs from a single account. Traders like its flexibility: familiar MT4/MT5 terminals sit alongside native TradingView charts, code-free automation through Capitalise.ai and built-in copy trading, so both discretionary and algorithmic strategies are supported out of the box. Add fast execution, segregated client funds and 24/5 multilingual support, and Eightcap stands out as a technology-driven broker that’s easy to start with yet powerful enough for advanced users.
Pros
- Raw spreads from 0.0 pips
- 800+ instruments incl. 250+ crypto CFDs
- MT4/MT5, TradingView & Capitalise.ai
- ASIC, SCB & CySEC regulation; segregated funds
Cons
- No swap-free (Islamic) accounts
- No EU/UK investor-compensation scheme
About FP Markets
FP Markets is an Australian Forex and CFD broker founded in 2005 and regulated by ASIC, CySEC, and FSCA. It combines ECN pricing-RAW spreads from 0.0 pips and execution as fast as 0.02 seconds on Equinix NY4 servers-with a modest 100 AUD minimum deposit. Clients can trade via MetaTrader 4/5, cTrader, TradingView, or the Iress ViewPoint DMA platform, accessing more than 10000 instruments across forex, shares, indices, commodities, and crypto. The broker also supports passive strategies through Myfxbook AutoTrade, Signal Start, and MAM/PAMM solutions, while offering fee-free deposits and 24/7 multilingual customer support.
Pros
- Strong regulation with segregated client funds (ASIC, CySEC, FSCA)
- RAW ECN spreads from 0.0 pips and $6 round-turn commission per lot
- Execution speeds under 40 ms on NY4-ideal for scalping and algos
- Wide platform choice: MT4/5, cTrader, TradingView, and Iress ViewPoint
- 10000+ tradable instruments and numerous zero-fee funding options, including crypto
- Comprehensive analytics, education resources, and 24/7 multilingual support
Cons
- Iress ViewPoint incurs a monthly fee unless volume requirements are met
- Commission on RAW accounts may deter micro-lot traders
- No welcome bonuses or promotional offers
- Not available to clients in the USA and certain restricted jurisdictions
Eightcap & FP Markets Regulation
| Feature | Eightcap | FP Markets |
|---|---|---|
Companies | Eightcap Pty Ltd, Eightcap Global Ltd, Eightcap EU Ltd, Eightcap Group Ltd, Eightcap Limited, GC Group Ltd | First Prudential Markets Pty Ltd, First Prudential Markets Ltd, FP Markets (PTY) Ltd, FP Markets LLC, First Prudential Markets Limited |
Countries | Australia, Bahamas, Cyprus, United Kingdom, Seychelles | Australia, Cyprus, South Africa, Saint Vincent and the Grenadines, Seychelles |
Regulators | ASIC, SCB, CySEC, FCA, SFSA | ASIC, CySEC, FSCA, SVGFSA, SFSA |
Investor Protection | - | Investor Compensation Fund (ICF) |
Investor Protection Size | - | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Companies
Eightcap
Eightcap Pty Ltd, Eightcap Global Ltd, Eightcap EU Ltd, Eightcap Group Ltd, Eightcap Limited, GC Group Ltd
FP Markets
First Prudential Markets Pty Ltd, First Prudential Markets Ltd, FP Markets (PTY) Ltd, FP Markets LLC, First Prudential Markets Limited
Countries
Eightcap
Australia, Bahamas, Cyprus, United Kingdom, Seychelles
FP Markets
Australia, Cyprus, South Africa, Saint Vincent and the Grenadines, Seychelles
Regulators
Eightcap
ASIC, SCB, CySEC, FCA, SFSA
FP Markets
ASIC, CySEC, FSCA, SVGFSA, SFSA
Investor Protection
Eightcap
-
FP Markets
Investor Compensation Fund (ICF)
Investor Protection Size
Eightcap
-
FP Markets
€20 000
Publicly Traded
Eightcap
FP Markets
Segregated Accounts
Eightcap
FP Markets
Guaranteed Stop Loss
Eightcap
FP Markets
Negative Balance Protection
Eightcap
FP Markets
Account Types
| Account | Eightcap | FP Markets |
|---|---|---|
ECN Account | ||
| Account Name | Standard | Standard |
| Min Deposit | $100 | $100 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 1 | 1 |
| Fee | No | No |
| Max Leverage | 1:500 | 1:500 |
| Stop Out | 50% | 50% |
| Margin Call | 80% | 100% |
Zero Account | ||
| Account Name | Raw | Raw |
| Min Deposit | $100 | $100 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0 | 0 |
| Fee | $7 per 1 lot | $6 per 1 lot |
| Max Leverage | 1:500 | 1:500 |
| Stop Out | 50% | 50% |
| Margin Call | 80% | 100% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
ECN Account
Account Name
Eightcap
Standard
FP Markets
Standard
Min Deposit
Eightcap
$100
FP Markets
$100
Lot Size
Eightcap
0.01
FP Markets
0.01
Spread Type
Eightcap
Floating
FP Markets
Floating
Execution
Eightcap
Market
FP Markets
Market
Min Spread
Eightcap
1
FP Markets
1
Fee
Eightcap
No
FP Markets
No
Max Leverage
Eightcap
1:500
FP Markets
1:500
Stop Out
Eightcap
50%
FP Markets
50%
Margin Call
Eightcap
80%
FP Markets
100%
Zero Account
Account Name
Eightcap
Raw
FP Markets
Raw
Min Deposit
Eightcap
$100
FP Markets
$100
Lot Size
Eightcap
0.01
FP Markets
0.01
Spread Type
Eightcap
Floating
FP Markets
Floating
Execution
Eightcap
Market
FP Markets
Market
Min Spread
Eightcap
0
FP Markets
0
Fee
Eightcap
$7 per 1 lot
FP Markets
$6 per 1 lot
Max Leverage
Eightcap
1:500
FP Markets
1:500
Stop Out
Eightcap
50%
FP Markets
50%
Margin Call
Eightcap
80%
FP Markets
100%
Additional Features
Demo Account
Eightcap
FP Markets
VIP Account
Eightcap
FP Markets
Swap-Free Account
Eightcap
FP Markets
Copy Trading
Eightcap
FP Markets
VPS
Eightcap
FP Markets
PAMM/MAM Accounts
Eightcap
FP Markets
Funding and Fees
| Feature | Eightcap | FP Markets |
|---|---|---|
Base currencies | AUD, USD, EUR, GBP, NZD, CAD, SGD | USD, AUD, EUR, GBP, SGD, CHF, CAD, NZD, JPY, HKD, PLN, ZAR, MXN, BRL |
Deposit and withdrawal methods | Credit/Debit Card, Bank Transfer, PayPal, Skrill, Neteller, POLi, BPAY, FasaPay, Wise, PayRetailers, Cryptocurrencies (BTC, USDT) | Bank Wire, Credit Card, Debit Card, Neteller, Skrill, SticPay, FasaPay, Virtual Pay, Perfect Money, Pagsmile, Dragonpay, USDT (Tether), USDC (USD Coin), TUSD (TrueUSD), BTC (Bitcoin), BCH (Bitcoin Cash), ADA (Cardano), DASH (Dash), ETH (Ethereum), LTC (Litecoin), XRP (XRP), ZEC (Zcash) |
Inactivity fee | ||
Interest on margin | ||
Withdrawal fee |
Base currencies
Eightcap
AUD, USD, EUR, GBP, NZD, CAD, SGD
FP Markets
USD, AUD, EUR, GBP, SGD, CHF, CAD, NZD, JPY, HKD, PLN, ZAR, MXN, BRL
Deposit and withdrawal methods
Eightcap
Credit/Debit Card, Bank Transfer, PayPal, Skrill, Neteller, POLi, BPAY, FasaPay, Wise, PayRetailers, Cryptocurrencies (BTC, USDT)
FP Markets
Bank Wire, Credit Card, Debit Card, Neteller, Skrill, SticPay, FasaPay, Virtual Pay, Perfect Money, Pagsmile, Dragonpay, USDT (Tether), USDC (USD Coin), TUSD (TrueUSD), BTC (Bitcoin), BCH (Bitcoin Cash), ADA (Cardano), DASH (Dash), ETH (Ethereum), LTC (Litecoin), XRP (XRP), ZEC (Zcash)
Inactivity fee
Eightcap
FP Markets
Interest on margin
Eightcap
FP Markets
Withdrawal fee
Eightcap
FP Markets
Trading Platforms and Conditions
| Feature | Eightcap | FP Markets |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView |
Execution Speed | - | 20 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Platforms
Eightcap
MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView
FP Markets
MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView
Execution Speed
Eightcap
-
FP Markets
20 ms
Scalping
Eightcap
FP Markets
Expert Advisors (EAs)
Eightcap
FP Markets
Depth of Market (DOM)
Eightcap
FP Markets
Spread
Eightcap
low
FP Markets
low
Trading Assets
| Asset | Eightcap | FP Markets |
|---|---|---|
Currencies | 55 | 81 |
Indices | 15 | 18 |
Stocks | 800 | 566 |
Cryptocurrencies | 250 | 12 |
Bonds | 0 | 2 |
Metals | 5 | 17 |
Energies | 3 | 5 |
Soft Commodities | 4 | 7 |
ETFs | 0 | 58 |
Currencies
Eightcap
55
FP Markets
81
Indices
Eightcap
15
FP Markets
18
Stocks
Eightcap
800
FP Markets
566
Cryptocurrencies
Eightcap
250
FP Markets
12
Bonds
Eightcap
0
FP Markets
2
Metals
Eightcap
5
FP Markets
17
Energies
Eightcap
3
FP Markets
5
Soft Commodities
Eightcap
4
FP Markets
7
ETFs
Eightcap
0
FP Markets
58
Education and Analytics
| Feature | Eightcap | FP Markets |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Economic Calendar
Eightcap
FP Markets
Indicators
Eightcap
FP Markets
Robots
Eightcap
FP Markets
Signals
Eightcap
FP Markets
Autochartist
Eightcap
FP Markets
Expert Analytics
Eightcap
FP Markets
News Feed
Eightcap
FP Markets
Education Articles
Eightcap
FP Markets
Webinars
Eightcap
FP Markets
Seminars
Eightcap
FP Markets
Customer Support
| Contact | Eightcap | FP Markets |
|---|---|---|
Email | global@eightcap.com | supportteam@fpmarkets.com |
Phone | +61385922375 | +4428254477809 |
Telegram | — | Telegram |
Whatsapp | — | |
Facebook | ||
LinkedIn | ||
YouTube | YouTube | YouTube |
Instagram | — | |
Twitter | — |
Email
Eightcap
FP Markets
Phone
Eightcap
FP Markets
Telegram
Eightcap
—
FP Markets
Whatsapp
Eightcap
—
FP Markets
Instagram
Eightcap
—
FP Markets
Twitter
Eightcap
—
FP Markets
Which Broker is Better?
After comparing Eightcap and FP Markets, FP Markets comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.