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Eightcap vs FP Markets 2026

A detailed head-to-head comparison of Eightcap and FP Markets across regulation, trading costs, platforms, and more.

Eightcap logo - BrokerAudit
Eightcap

Est. 2009 · Melbourne, Australia

ASICFCACySEC
78.8/100
Good
FP Markets logo - BrokerAudit
FP Markets

Est. 2005 · Sydney, Australia

ASICCySECFSCA
83.4/100
Excellent

Score Breakdown

RegulationCostsPlatformsAccountsDepositSupportEducation
EightcapFP Markets

Category-by-Category Winner

Category
Eightcap
FP Markets
Regulation & Trust
85
82
Trading Costs
78
92
Platforms & Tools
82
90
Account Conditions
76
80
Deposit & Withdrawal
78
82
Customer Support
72
78
Education & Research
70
70
Overall Score
78.8
83.4

Detailed Comparison

Overview

Year Founded
2009
2005
Headquarters
Melbourne, Australia
Sydney, Australia
Publicly Listed
Top Regulators
ASIC, FCA, CySEC
ASIC, CySEC, FSCA
Total Instruments
800
10,000

Trading Costs

EUR/USD Spread
0.11 pips
0.10 pips
GBP/USD Spread
0.54 pips
0.40 pips
USD/JPY Spread
0.30 pips
0.30 pips
Min. Deposit
$100
$100
Commission/Lot
$7.00
$6.00
Inactivity Fee
None
None

Platforms & Features

MetaTrader 4
MetaTrader 5
cTrader
TradingView
Copy Trading
API Trading
VPS Hosting
Demo Account
Islamic Account

Instruments

Forex Pairs
40
70
CFD Stocks
350
10,000
Indices
11
19
Commodities
5
8
Crypto CFDs
120
12

Eightcap vs FP Markets: Our Analysis

Overall Verdict

With an overall score of 83.4/100 vs 78.8/100, FP Markets slightly edges out Eightcap by 4.6 points. Both brokers are closely matched, so your choice should come down to specific features that matter most to you.

Trading Costs

On the EUR/USD pair, Eightcap offers an average spread of 0.11 pips with a $7.00 round-turn commission, while FP Markets comes in at 0.10 pips with a $6.00 commission. FP Markets offers tighter pricing on EUR/USD. Minimum deposit is $100 at Eightcap and $100 at FP Markets.

Regulation & Safety

Eightcap holds 4 regulatory licenses with a highest tier of Tier 1 (ASIC, FCA, CySEC), while FP Markets has 4 licenses at Tier 1 (ASIC, CySEC, FSCA). Both brokers are equally regulated.

Platform Comparison

Eightcap offers MT4, MT5, TradingView, TradeLocker — uniquely offering TradeLocker which FP Markets does not have. FP Markets supports MT4, MT5, cTrader, TradingView, with exclusive access to cTrader. Both brokers offer a comparable range of platforms.

Who Should Choose Which?

Eightcap suits traders who prioritize safety, while FP Markets is better for cost-conscious traders, traders who want advanced tools, traders wanting a wide instrument range. If copy trading matters, FP Markets has the edge. Both brokers offer demo accounts, so you can test each before committing real funds.

Frequently Asked Questions

Based on our testing, FP Markets scores higher overall at 83.4/100 compared to Eightcap's 78.8/100. However, "better" depends on your priorities — Eightcap may be superior in specific categories like regulation.

FP Markets offers tighter spreads with an average EUR/USD spread of 0.10 pips, compared to 0.11 pips at Eightcap. Check our detailed comparison table above for GBP/USD and USD/JPY spreads as well.

Eightcap scores higher for regulation and trust at 85/100, holding licenses from ASIC, FCA, CySEC. FP Markets scores 82/100 with ASIC, CySEC, FSCA.

Both brokers score 70/100 for education and research, making either a reasonable choice for beginners. Consider minimum deposit (Eightcap: $100, FP Markets: $100) and platform ease-of-use when deciding.

Yes, there is no restriction on having accounts with both Eightcap and FP Markets simultaneously. Many experienced traders maintain accounts with multiple brokers to take advantage of each broker's strengths — for example, using one for its lower spreads on majors and another for its wider instrument range or better platform features.

NC

Reviewed by

Neil C

Neil C is a financial markets analyst and forex trading specialist with over 10 years of experience evaluating broker platforms, trading conditions, and regulatory frameworks. He has personally tested accounts with dozens of brokers and brings a data-driven methodology to every review.

Last updated: April 2026

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