Written by ForexBrokers.com
In this head to head comparison of FxPro vs Eightcap, 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.
FxPro and Eightcap, both prominent names among online brokers, offer distinct regulatory frameworks for forex trading. Founded in 2006, FxPro is a well-established broker that is not publicly traded and does not operate as a bank. It boasts a Trust Score of 90 from ForexBrokers.com, placing it in the highly trusted category. FxPro holds 2 Tier-1 licenses and 1 Tier-2 license, ensuring a strong security framework for its traders.
In comparison, Eightcap, which entered the market in 2009, also operates as a privately held non-bank entity. With a Trust Score of 85, it falls into the trusted category, indicating a solid level of reliability. Eightcap holds 3 Tier-1 licenses, ensuring a secure trading environment. Although it does not hold any Tier-2 licenses, its collection of Tier-1 credentials helps fortify trader confidence. Both brokers maintain a trustworthy reputation, though their regulatory structures differ slightly.
| Feature |
FxPro
|
Eightcap
|
|---|---|---|
| Year Founded | 2006 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 3 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing the commission and fees structure of FxPro and Eightcap, both brokers cater to different trading preferences. FxPro’s pricing is generally higher than the industry average with a rating of 4 stars, placing it at a disadvantage compared to some peers. Ranked #32 by ForexBrokers.com, FxPro offers variable or fixed spreads on the MT4 platform, where traders can choose between instant and market execution pricing. While FxPro’s most competitive spreads are found on their cTrader platform with a typical EUR/USD spread around 1.27 pips, including commissions, the platform still requires at least a 1-pip distance for stop and limit orders, even for elite accounts.
Eightcap, also rated 4 stars, ranks slightly higher in the Commissions and Fees category at #26. It provides two distinct account types: the commission-based Raw account and the spread-only Standard account, valuing transparency. The Raw account offers an average EUR/USD spread of approximately 0.06 pips, along with a per-side commission of $3.50, leading to an all-in cost of about 0.76 pips. This pricing is competitive in the brokerage sphere, slightly undercutting the industry average, albeit still higher than some low-cost forex brokers.
Both FxPro and Eightcap present viable options for traders, depending on their required platform features and pricing preferences. FxPro, despite its higher costs, offers extensive platform capabilities like MetaTrader and cTrader. Eightcap, while slightly more expensive than the lowest-cost brokers, provides transparent pricing with its Raw account, appealing to traders focused on cost-effective commissions. As each broker has its unique offerings, the right choice will depend on the individual trader’s priorities and trading style.
| Feature |
FxPro
|
Eightcap
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | 1.51 | 1.0 |
| All-in Cost EUR/USD - Active | 1.27 | 0.76 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When evaluating the range of investments offered by FxPro and Eightcap, FxPro stands out with a significantly broader array of 2,249 tradeable symbols compared to Eightcap's 736. In terms of forex trading, both brokers allow trading as a CFD or spot contract, though FxPro offers access to 70 forex pairs while Eightcap provides 56. Notably, FxPro uniquely offers access to exchange-traded securities on international exchanges, whereas Eightcap does not provide this option. Both brokers offer copy trading services and enable cryptocurrency derivative trading, but neither allows purchasing actual cryptocurrencies.
FxPro earns a higher rating of 4 stars for its investment range compared to Eightcap's 3.5 stars. Furthermore, FxPro is ranked #28 out of 62 brokers in the Range of Investments category by ForexBrokers.com, placing it ahead of Eightcap, which is ranked #40. Overall, while both brokers cover essential investment types, FxPro offers a more extensive selection and superior opportunities on international exchanges, making it the preferable choice for investors prioritizing diverse investment options.
| Feature |
FxPro
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2249 | 736 |
| Forex Pairs (Total) | 70 | 56 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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.
FxPro and Eightcap both offer traders a diverse range of platforms and tools to elevate their trading experience. Each broker provides simulated trading with free demo accounts, making it easy for beginners to practice without risk. While FxPro boasts its own proprietary platform, giving it a unique edge, both platforms support popular software such as MetaTrader 4 and MetaTrader 5, in addition to web-based and Windows desktop options. Traders who enjoy social trading will appreciate that both FxPro and Eightcap offer copy trading services. However, neither broker includes services like DupliTrade or ZuluTrade in their offerings.
For technical analysis, FxPro provides 25 drawing tools, while Eightcap offers 15. When it comes to creating watch lists, Eightcap has the advantage with 7 custom fields compared to FxPro's 6. Both brokers allow trading directly from stock charts, which is a convenient feature for active traders. Despite these differences, FxPro and Eightcap receive the same four-star rating for their trading platforms and tools. According to ForexBrokers.com, FxPro ranks higher in this category at 19th place out of 62 brokers, compared to Eightcap's 38th position. This suggests a slight edge for FxPro in terms of platform offerings and features.
| Feature |
FxPro
|
Eightcap
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 53 | 30 |
| Charting - Drawing Tools (Total) | 25 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both FxPro and Eightcap offer commendable solutions compatible with iPhone and Android devices. Both platforms provide essential features like stock or forex price alerts, and the ability to create watchlists that integrate seamlessly with an online account. This means any changes you make to your watchlist on one device will automatically update on the other. Additionally, both apps allow traders to draw trendlines on charts and view multiple time frames. These features make tracking and analyzing investments convenient for users who appreciate real-time quotes and up-to-date information right at their fingertips.
FxPro, however, stands out with a higher offering of 65 technical studies available in its mobile app, compared to Eightcap's 30. This breadth of options gives traders on FxPro richer analytical tools for making informed decisions. Furthermore, FxPro's app is rated at 4.5 stars for mobile trading, placing it as the 15th-ranking platform out of 62 brokers reviewed by ForexBrokers.com. In comparison, Eightcap holds a respectable 4-star rating but ranks lower at #38. Both platforms auto-save chart drawings, preserving the time and effort spent on analysis, ensuring a hassle-free trading experience.
| Feature |
FxPro
|
Eightcap
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 65 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of FxPro and Eightcap, both brokers excel in providing daily market commentary and economic calendars that highlight key global news events. FxPro gains an edge with its access to high-tier forex news from renowned sources like Bloomberg and Reuters, a feature Eightcap does not provide. While neither broker utilizes Autochartist or offers resources from Acuity Trading or TipRanks, FxPro stands out by incorporating Trading Central's technical analytics, unlike Eightcap.
Sentiment-based trading tools are available from both brokers, showing the ratio of long or short positions across various instruments. However, FxPro's overall research capabilities earn it a 4-star rating and a ranking of #27 out of 62 brokers by ForexBrokers.com. In contrast, Eightcap receives a slightly lower 3.5-star rating and is ranked #39. This comparison highlights FxPro's stronger research support, especially for traders who value comprehensive forex news and advanced analytical tools.
| Feature |
FxPro
|
Eightcap
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners diving into forex and CFD trading, both FxPro and Eightcap provide a range of educational resources to help you get started. FxPro offers a solid selection of instructional content, including more than 10 educational pieces, such as articles and videos. Eightcap matches this by providing its own variety of educational materials focused on forex and CFDs. Both brokers ensure that new traders have access to a repository of previously recorded webinars, making it easy to revisit crucial topics at any time.
However, neither FxPro nor Eightcap offers regular monthly live webinars, which might be a drawback for those who prefer real-time interaction. When it comes to beginner-focused educational videos, both brokers deliver with at least 10 available videos, but they fall short in advanced educational content. Each platform features an investor dictionary with over 50 terms to help traders get familiar with the language of investing. FxPro edges ahead with an educational rating of 4 stars and is ranked #17 by ForexBrokers.com, while Eightcap follows with 3.5 stars and a #40 ranking.
| Feature |
FxPro
|
Eightcap
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that FxPro is better than Eightcap. FxPro finished with an overall rank of #21, while Eightcap finished with an overall rank of #38.
FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods. It provides its own proprietary FxPro Edge app – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions).
| Feature |
FxPro
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Eightcap
|
|---|---|---|
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| Trust Score | 90 | 85 |
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Both FxPro and Eightcap provide opportunities to invest in cryptocurrency derivatives, but neither platform offers the option to purchase actual, delivered cryptocurrency.
In a comparison of online brokers, FxPro offers a more diverse range of fund deposit and withdrawal options, including ACH and SEPA transfers, PayPal, Skrill, Visa or Mastercard, and bank wires, whereas Eightcap matches FxPro's offerings in PayPal, Skrill, Visa or Mastercard, and bank wires, but lacks the option for ACH and SEPA transfers.
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 | FxPro | Eightcap | |
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| Trust Score | 90 | 85 | |
| Winner | check_circle | ||
| Review | FxPro Review | Eightcap Review |
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| Regulation | FxPro | Eightcap | |
|---|---|---|---|
| Trust Score | 90 | 85 | |
| Year Founded | 2006 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | Yes | |
| Tier-1 Licenses | 2 | 3 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | FxPro | Eightcap | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| 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) | FxPro | Eightcap | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FxPro | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2249 | 736 | |
| Forex Pairs (Total) | 70 | 56 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | FxPro | Eightcap | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.51 | 1.0 | |
| All-in Cost EUR/USD - Active | 1.27 | 0.76 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | FxPro | Eightcap | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | FxPro | Eightcap | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | FxPro | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 7 | |
| Charting - Indicators / Studies (Total) | 53 | 30 | |
| Charting - Drawing Tools (Total) | 25 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FxPro | Eightcap | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 65 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FxPro | Eightcap | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FxPro | Eightcap | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | FxPro | Eightcap | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | FxPro Review | Eightcap Review |
| Overall | FxPro | Eightcap | |
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| Trust Score | 90 | 85 | |
| Winner | check_circle | ||
| Review | FxPro Review | Eightcap Review |
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