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FP Markets vs Eightcap 2026

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025
  Fact Checked

In this head to head comparison of FP Markets vs Eightcap, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

FP Markets
4.5/5 Stars Overall
  • Minimum Deposit: $100 AUD
  • Trust Score: 90
  • Tradeable Symbols (Total): 10000
Eightcap
4/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 87
  • Tradeable Symbols (Total): 803

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.

Regulation

FP Markets vs Eightcap: Both online brokers are regulated by multiple financial authorities, but they differ slightly in trust and licensing. FP Markets holds 2 Tier-1 and 1 Tier-2 licenses and earns a 90/99 Trust Score from ForexBrokers.com (highly trusted), while Eightcap holds 3 Tier-1 and 1 Tier-2 licenses with an 87/99 Trust Score (trusted).

Founded in 2005, FP Markets is not publicly traded and is not a bank; Eightcap, founded in 2009, is also private and not a bank. When comparing regulation, consider FP Markets’ higher trust category versus Eightcap’s extra Tier-1 license to decide which mix of oversight and company background fits your needs.

Feature FP Markets logoFP Markets
Eightcap logoEightcap
Year Founded info 2005 2009
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 2 3
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 2

Fees

FP Markets and Eightcap both score well for commissions and fees, but FP Markets comes out ahead on value overall. FP Markets is rated 4.5 out of 5 stars and ranked #11 out of 36 brokers for Commissions and Fees. Its Raw ECN account is especially competitive, with average spreads of 0.1 pips and about 0.8 pips all-in after commission, while the Standard account is more expensive at around 1.1 pips on EUR/USD. FP Markets also offers commission-based pricing on cTrader, with a flat $6 round-turn per standard lot for forex trading.

Eightcap is also rated 4.5 out of 5 stars, but it ranks lower at #20 out of 36 brokers in the same category. Its Raw account shows very tight average spreads of 0.06 pips, but the $3.50 per-side commission brings the all-in cost to roughly 0.76 pips. That puts it close to the industry average, though still a bit pricier than the cheapest forex brokers. For traders choosing between the two, Eightcap is competitive, but FP Markets generally has the edge for overall pricing.

In short, both brokers offer low-cost trading options, especially on their commission-based accounts. FP Markets is the better pick if you want a slightly stronger mix of price and overall value, while Eightcap remains a solid choice for traders looking for tight spreads and straightforward fees.

Feature FP Markets logoFP Markets
Eightcap logoEightcap
Minimum Deposit info $100 AUD $100
Average spread (EUR/USD) - Standard account info 1.3 info 1.0 info
All-in Cost EUR/USD - Active info 0.9 info 0.76
Non-wire bank transfer info No No
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When comparing FP Markets vs Eightcap for range of investments, FP Markets offers the wider choice overall. FP Markets provides access to 10,000 tradeable symbols and 71 forex pairs, while Eightcap offers 803 tradeable symbols and 55 forex pairs. Both brokers let clients trade forex as CFDs or spot contracts, and both support copy trading and cryptocurrency CFDs. However, neither broker offers access to actual exchange-traded shares in the U.S. or on international markets, and neither allows clients to buy delivered cryptocurrency.

For investors who want more market variety, FP Markets has the edge. It is rated 4.5 out of 5 for range of investments and ranks #17 out of 36 brokers in this category, compared with Eightcap’s 3.5 out of 5 rating and #29 ranking. In simple terms, both brokers cover the basics well, but FP Markets gives traders a much broader selection of instruments to choose from.

Feature FP Markets logoFP Markets
Eightcap logoEightcap
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 10000 803
Forex Pairs (Total) info 71 55
U.S. Stocks (Shares) info No No
Global Stocks (Non-U.S. Shares) info No No
Copy Trading info Yes Yes info
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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.

Trading platforms and tools

FP Markets and Eightcap both give traders a solid mix of platform choices and useful tools. Each broker offers free demo trading, Windows desktop software, web-based access, copy trading, MetaTrader 4, and MetaTrader 5, plus the option to place trades straight from charts. They also both earn 4 out of 5 stars for Trading Platforms and Tools, so either one should feel familiar to many traders looking for common features and easy access.

The main difference is that FP Markets also offers its own in-house platform, while Eightcap does not. That extra option may matter if you want something beyond the standard third-party platforms. In ForexBrokers.com’s rankings for Trading Platforms and Tools, FP Markets places higher at #22 out of 36 brokers, compared with Eightcap at #31, which suggests FP Markets has a slight edge overall in this category.

Feature FP Markets logoFP Markets
Eightcap logoEightcap
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes Yes info
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
Charting - Indicators / Studies (Total) info 30 30
Charting - Trade From Chart info Yes Yes

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

FP Markets and Eightcap both offer mobile trading apps for iPhone and Android, along with price alerts, trendline drawing, and auto-saving chart drawings. Both brokers are also rated 4 out of 5 stars for mobile trading apps, so each provides a solid on-the-go trading experience for everyday users.

The biggest difference is in watchlist syncing and chart tools. Eightcap lets users sync watchlists between the mobile app and online account, while FP Markets does not. Eightcap also offers 30 technical studies in its app, compared with FP Markets, which relies on the default MetaTrader charting setup. In ForexBrokers.com’s mobile trading apps ranking, FP Markets places higher at #20 out of 36 brokers, while Eightcap ranks #31.

Feature FP Markets logoFP Markets
Eightcap logoEightcap
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info No Yes
Mobile Charting - Indicators / Studies info MetaTrader (Default) 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

FP Markets has a stronger market research offering than Eightcap overall. Both brokers provide daily market commentary, a sentiment tool, and an economic calendar, so traders can keep up with news flow and watch shifts in market positioning. FP Markets goes further by adding forex news from top sources such as Bloomberg, Reuters, and Dow Jones, plus research tools from Autochartist and Trading Central. Eightcap does not offer those same news and research resources, although it does include Acuity Trading’s Signal Centre.

That extra range helps FP Markets earn a higher research score, with 4 out of 5 stars and a #22 ranking out of 36 brokers from ForexBrokers.com, compared with Eightcap’s 3.5 stars and #33 ranking. In simple terms, both brokers cover the basics well, but FP Markets gives traders more built-in market analysis and news support for making trading decisions.

Feature FP Markets logoFP Markets
Eightcap logoEightcap
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info Yes No
Trading Central info Yes No
Client sentiment data info Yes Yes
TipRanks info No No
Acuity Trading info No Yes
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginners looking for learning tools, FP Markets and Eightcap both cover the basics well. Each broker offers forex and CFDs education, runs online educational webinars at least once a month, and provides at least 10 beginner-friendly videos on trading topics. That means either platform gives new traders a starting point to learn the market, ask questions, and build confidence before placing trades.

Where FP Markets pulls ahead is in deeper learning content. It offers at least 10 advanced educational videos for more experienced traders, while Eightcap does not meet that mark. That difference shows up in the overall education scores too: FP Markets is rated 4 stars and ranked #22 out of 36 brokers by ForexBrokers.com, compared with Eightcap’s 3.5 stars and #31 ranking. For beginners who want more room to grow, FP Markets has the edge.

Feature FP Markets logoFP Markets
Eightcap logoEightcap
Webinars info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that FP Markets is better than Eightcap. FP Markets finished with an overall rank of #19, while Eightcap finished with an overall rank of #30.

FP Markets shines as a low-cost broker for trading forex and CFDs – as long as you use the MetaTrader platform. The Iress platform suite offers well over 10,000 tradeable symbols, but it’s mostly a share trading platform – and is generally a much pricier option.

Feature FP Markets logoFP Markets
Eightcap logoEightcap
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 90 87
Range of Investments 4.5/5 Stars 3.5/5 Stars
Trading Fees 4.5/5 Stars 4.5/5 Stars
Trading Platforms 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with FP Markets or Eightcap?

FP Markets vs Eightcap: neither broker offers the ability to buy actual (delivered) cryptocurrency, but both allow trading cryptocurrency CFDs.

What funding options does each broker offer?

Both FP Markets and Eightcap support PayPal, Skrill, and bank wire deposits and withdrawals, do not offer ACH or SEPA transfers, and provide no specified details on Visa or Mastercard funding options.

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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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Overall Rating FP Markets Eightcap
Overall Rating info 4.5/5 Stars 4/5 Stars
Trading Fees 4.5/5 Stars 4.5/5 Stars
Range of Investments 4.5/5 Stars 3.5/5 Stars
Trading Platforms 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 90 87
Winner check_circle
Review FP Markets Review Eightcap Review
Broker Screenshots FP Markets Eightcap
Broker Gallery (click to expand) info
FP Markets MT5 mobile trading app watchlist FP Markets MetaTrader 5 MT5 desktop platform. FP Markets research blog technical report detail. FP Markets educational lessons.
Eightcap MT4 mobile app charts. Eightcap MT5 web. Eightcap economic calendar event detail. Eightcap Labs educational content learning academy.
Regulation FP Markets Eightcap
Trust Score info 90 87
Year Founded info 2005 2009
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-1 Licenses info 2 3
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 2
Tier-1 Licenses (Highly Trusted) FP Markets Eightcap
Australia (ASIC Authorised) info Yes Yes
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (FSA Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info No Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info Yes info
Tier-2 Licenses (Trusted) FP Markets Eightcap
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA, FSRA, or CMA Authorised) info No Yes info
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments FP Markets Eightcap
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 10000 803
Forex Pairs (Total) info 71 55
U.S. Stocks (Shares) info No No
Global Stocks (Non-U.S. Shares) info No No
Copy Trading info Yes Yes info
Cryptocurrency (Underlying) info No No
Cryptocurrency (CFDs) info 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 FP Markets Eightcap
Average spread (EUR/USD) - Standard account info 1.3 info 1.0 info
All-in Cost EUR/USD - Active info 0.9 info 0.76
Inactivity Fee info No No
Order execution: Agency info No Yes
Order execution: Market Maker info Yes Yes
Funding FP Markets Eightcap
Minimum Deposit info $100 AUD $100
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Non-wire bank transfer info No No
Trading Platforms FP Markets Eightcap
Proprietary Desktop Trading Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes Yes info
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info Yes No
Trading Tools FP Markets Eightcap
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 30 30
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading FP Markets Eightcap
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info No Yes
Mobile Charting - Indicators / Studies info MetaTrader (Default) 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes
Mobile Research - Economic Calendar info Yes Yes
Research FP Markets Eightcap
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info Yes No
Trading Central info Yes No
TipRanks info No No
Client sentiment data info Yes Yes
Economic Calendar info Yes Yes
Education FP Markets Eightcap
Webinars info Yes Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs FP Markets Eightcap
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review FP Markets Review Eightcap Review
Overall FP Markets Eightcap
Overall Rating info 4.5/5 Stars 4/5 Stars
Trading Fees 4.5/5 Stars 4.5/5 Stars
Range of Investments 4.5/5 Stars 3.5/5 Stars
Trading Platforms 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 90 87
Winner check_circle
Review FP Markets Review Eightcap Review
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