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Eightcap vs FP Markets

Side-by-side comparison of regulation, trading costs, platforms, and account types for Eightcap and FP Markets.

EightcapTrust 8.4/10
ASIC
CySEC
SCB
FSA-Seychelles

AU-based broker (founded 2009). Strong crypto CFD coverage and TradingView integration. Raw spreads with $7/lot commission. Smaller than Pepperstone but rapidly growing.

FP MarketsTrust 8.9/10
ASIC
CySEC
FSCA

Long-established AU broker since 2005. Raw account is among the cheapest in the industry. Strong execution and Iress platform for share CFDs.

Quick verdict

  • Trust: FP Markets has the higher trust score.
  • EUR/USD spread: Eightcap and FP Markets have identical EUR/USD spreads.

Side-by-side comparison

FeatureEightcapFP Markets
Trust score8.48.9
RegulatorsASIC, CySEC, SCB, FSA-SeychellesASIC, CySEC, FSCA
Headquarters
Founded
Min deposit$100$100
Max leverage1:5001:500
EUR/USD spread0.10 pips0.10 pips
Commission per lot$7$6
Raw spread account
Standard account
Swap-free account
cTrader
MT4
MT5
TradingView
Scalping allowed
EAs / algo allowed
Hedging allowed
Copy trading
Deposit methods
Withdrawal methods
Withdrawal speed
Base currencies

Eightcap is best for

Crypto CFD traders
TradingView users
AU residents

FP Markets is best for

Cost-conscious traders
Stock CFD traders
AU residents