Both brokers trade in a similar regulatory space, but EightCap and ATFX diverge on platform breadth and instrument scope, setting up a tense comparison.
Find out which broker best suits your trader profile.
Choose if…
Choose ATFX if you want a zero minimum deposit.
Choose if…
Choose ATFX if you prefer MT4 as your sole trading platform. Choose EightCap if you want MT4, MT5, cTrader, and TradingView on one account.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.2/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.4 / 5▲ |
Pros
FCA (UK), CySEC (EU), and FSCA (SA) licensing
300+ instruments including ETF CFDs and bond CFDs
FSCS protection up to GBP 85,000 for UK clients
No minimum deposit, no inactivity fee
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | ATFX | EightCap |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | 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: ATFX rates 4.2/5 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.
EightCap starts from 0 pips, tighter than ATFX's 1.8 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
ATFX has no minimum deposit, while EightCap requires at least $100. This makes ATFX more accessible for traders with limited starting capital.
Both ATFX and EightCap hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: ATFX has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
ATFX lists maximum leverage of 400:1, 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.
EightCap charges $7 per lot on commission-based accounts. Commission details for ATFX are not currently available. Check their website for up-to-date pricing.
ATFX supports MetaTrader 4, while EightCap supports TradingView, cTrader, MetaTrader 4, MetaTrader 5. Both provide MetaTrader 4. EightCap has exclusive access to TradingView and cTrader and MetaTrader 5.
EightCap offers tighter spreads from 0.00 pips vs 1.80 pips for ATFX, reducing trading costs.
Equally matched; both have strong regulation and client fund protections.
EightCap wins for active traders with MT4, MT5, cTrader, and TradingView access.
EightCap is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
EightCap offers the broadest platform selection including MT4, MT5, cTrader, and TradingView.
ATFX is better for beginners due to zero deposit and simple MT4 access.
Fees & Spreads 30% weight | 3.8 / 5 | 4.6 / 5▲ |
|---|
Platforms & Tools 20% weight | 3.7 / 5 | 4.5 / 5▲ |
|---|
Customer Support 10% weight | 4.2 / 5 | 4.2 / 5 |
|---|
| Founded | 2017 | 2009 |
|---|
| Headquarters | London, United Kingdom | Melbourne, Australia |
|---|
| Min Deposit | No minimum▼ lower | $100 |
|---|
| Spreads From | 1.8 pips | 0 pips▼ lower |
|---|
| Commission / lot | N/A | $7/lot |
|---|
| N/A | 0.7 pips |
| Max Leverage | 400:1 | 500:1▲ higher |
|---|
| Inactivity Fee | None | $10/month (after 12 months) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit cardSkrillNetellerCrypto |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit cardSkrillNetellerCrypto |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | CySEC FCA FSCA | ASIC FCA SCB |
|---|
| Platforms | MetaTrader 4 | TradingView cTrader MetaTrader 4 MetaTrader 5 |
|---|
| Active bonuses |
|---|
Negative balance protection
Investor compensation scheme coverage
No deposit fees
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
MT4 only, no MT5, cTrader, or proprietary platform
Standard spreads from 1.8 pips are not ECN-competitive
Relatively young broker, founded 2017
No raw spread account option
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
ATFX and EightCap are closely matched across regulation and pricing. EightCap differentiates itself with superior instrument variety and platform breadth.
Dig deeper into each broker’s features, fees, and regulation.
Score 4.2 / 5
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