Two brokers contrast on regulation, fees, and platform depth. EightCap offers broader platforms and investor protections; Alpari leverages a long brand history and low minimums.
Find out which broker best suits your trader profile.
Choose if…
Choose Alpari International if you value a low entry barrier with a $5 minimum deposit and ECN accounts with a $6 per lot commission.
Choose if…
Choose EightCap if you want dual regulation and access to MT4 MT5, cTrader, and TradingView.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 3.9/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.7 / 5 | 4.4 / 5▲ |
Pros
26-year brand history in retail forex
Mature PAMM investor platform, one of the originals
ECN accounts with $6 per-lot commission competitive with top ECN desks
Wide geographic reach across CIS, MENA, and Africa
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Alpari International | EightCap |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
The scores are close: Alpari International rates 3.9/5 and EightCap rates 4.3/5. EightCap has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Both Alpari International and EightCap start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Alpari International has $5, while EightCap requires at least $100. This makes Alpari International more accessible for traders with limited starting capital.
EightCap holds top-tier regulation (ASIC, FCA, SCB), providing stronger investor protections. Alpari International may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, two factors stand out: Alpari International requires a lower minimum deposit ($5), lowering the barrier to entry, and EightCap provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources before deciding.
Alpari International lists maximum leverage of 1000:1, while EightCap lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Alpari International charges $6 per lot, lower than EightCap's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
Alpari International supports MetaTrader 4, MetaTrader 5, while EightCap supports TradingView, cTrader, MetaTrader 4, MetaTrader 5. Both provide MetaTrader 4 and MetaTrader 5. EightCap has exclusive access to TradingView and cTrader.
Both brokers offer spreads from 0.00 pips.
EightCap wins for safety due to ASIC and FCA dual regulation and compensation coverage.
EightCap wins because it supports MT4 MT5, cTrader, and TradingView on one account.
Alpari International is better suited for scalpers: lower commission ($6/lot).
EightCap wins with MT4 MT5, cTrader, and TradingView all accessible.
Alpari International is better for beginners due to a low $5 minimum deposit.
Fees & Spreads 30% weight | 4.1 / 5 | 4.6 / 5▲ |
|---|
Platforms & Tools 20% weight | 3.9 / 5 | 4.5 / 5▲ |
|---|
Customer Support 10% weight | 3.8 / 5 | 4.2 / 5▲ |
|---|
| Founded | 1998 | 2009 |
|---|
| Headquarters | Port Louis, Mauritius | Melbourne, Australia |
|---|
| Min Deposit | $5▼ lower | $100 |
|---|
| Spreads From | 0 pips | 0 pips |
|---|
| Commission / lot | $6/lot▼ lower | $7/lot |
|---|
| 0.6 pips▼ lower | 0.7 pips |
| Max Leverage | 1,000:1 | 500:1▲ higher |
|---|
| Inactivity Fee | None | $10/month (after 12 months) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerWebMoneyCrypto | Bank transferCredit cardDebit cardSkrillNetellerCrypto |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerWebMoneyCrypto | Bank transferCredit cardSkrillNetellerCrypto |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FSCA FSC | ASIC FCA SCB |
|---|
| Platforms | MetaTrader 4 MetaTrader 5 | TradingView cTrader MetaTrader 4 MetaTrader 5 |
|---|
| Active bonuses |
|---|
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
MT4, MT5, cTrader, and TradingView all available on one account
Capitalise.ai code-free automation included at no extra cost
ASIC (391441) and FCA (921296) dual regulation
Razor account: raw EUR/USD from 0.0 pips at $7 round-turn commission
No minimum deposit on Standard account
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
FSC Mauritius licence, lower investor protection than FCA/ASIC/CySEC
Legacy of UK entity collapse in 2015 is a cautionary reference point
No top-tier regulatory licence for its core international client base
No negative balance protection
No investor compensation scheme
No proprietary platform
Limited charting capabilities
Cons
$100 minimum on Razor ECN account
Shorter public track record than IC Markets or Pepperstone
Research and educational content thinner than larger peers
Not available to US residents
No proprietary platform
EightCap edges Alpari International on overall score, due to stronger regulation and broader platform access.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.9 / 5
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