Deriv and EightCap clash over platform depth, pricing models, and regulation. The outcome hinges on how you weigh cost, access, and protection.
Find out which broker best suits your trader profile.
Choose if…
Choose Deriv if you want a very low $5 minimum deposit. You also gain access to a proprietary trading platform.
Choose if…
Choose EightCap for multi-platform access with MT4, MT5, cTrader, and TradingView on one account. You can trade with raw spreads on the Razor account at $7 per round turn.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.1/ 5 | 4.3/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.0 / 5 | 4.4 / 5▲ |
Pros
Synthetic indices trade 24/7, unique offering unavailable at mainstream brokers
Very low $5 minimum deposit
Multi-platform: DTrader, MT5, Deriv X, SmartTrader
MFSA (Malta/EU) licensing for European clients
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Deriv | EightCap |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Fail | 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 | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Pass | Pass |
The scores are close: Deriv rates 4.1/5 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 Deriv's 0.5 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Deriv has $5, while EightCap requires at least $100. This makes Deriv more accessible for traders with limited starting capital.
EightCap holds top-tier regulation (ASIC, FCA, SCB), providing stronger investor protections. Deriv 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: Deriv requires a lower minimum deposit ($5), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Deriv 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.
EightCap charges $7 per lot on commission-based accounts. Commission details for Deriv are not currently available. Check their website for up-to-date pricing.
Deriv supports MetaTrader 5, Proprietary Web/Mobile, DXtrade, while EightCap supports cTrader, MetaTrader 5, TradingView, MetaTrader 4. Both provide MetaTrader 5. Deriv has exclusive access to Proprietary Web/Mobile and DXtrade. EightCap has exclusive access to cTrader and TradingView and MetaTrader 4.
EightCap offers tighter spreads from 0.00 pips vs 0.50 pips for Deriv, reducing trading costs.
EightCap gains safety through ASIC and FCA licensing and segregated client funds.
EightCap wins for active traders due to multi-platform access and automation tools.
EightCap is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
EightCap wins for platform choice with MT4, MT5, cTrader, and TradingView.
EightCap offers far more instruments (800) than Deriv (200).
Fees & Spreads 30% weight | 4.2 / 5 | 4.6 / 5▲ |
|---|
Platforms & Tools 20% weight | 4.2 / 5 | 4.5 / 5▲ |
|---|
Customer Support 10% weight | 3.9 / 5 | 4.2 / 5▲ |
|---|
| Founded | 1999 | 2009 |
|---|
| Headquarters | Birkirkara, Malta | Melbourne, Australia |
|---|
| Min Deposit | $5▼ lower | $100 |
|---|
| Spreads From | 0.5 pips | 0 pips▼ lower |
|---|
| Commission / lot | N/A | $7/lot |
|---|
| N/A | 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 cardSkrillNetellerFasaPayCrypto | Bank transferCredit cardDebit cardSkrillNetellerCrypto |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerFasaPayCrypto | Bank transferCredit cardSkrillNetellerCrypto |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | LFSA FSC BVI MFSA VFSC | ASIC FCA SCB |
|---|
| Platforms | MetaTrader 5 Proprietary Web/Mobile DXtrade | cTrader MetaTrader 5 TradingView MetaTrader 4 |
|---|
| Active bonuses |
|---|
Negative balance protection
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform available
Transparent pricing with clear cost disclosure
24/5 live chat support
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
Synthetic indices are proprietary instruments, not conventional regulated assets
Regulatory quality varies significantly by entity (MFSA vs VFSC/FSC BVI)
Customer support can be slow during peak periods
No top-tier regulatory licence
No investor compensation scheme
No raw spread account option
Limited charting capabilities
No phone support
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 Deriv on the editorial score. The higher score reflects stronger regulation and broader platform access, plus greater instrument variety.
Dig deeper into each broker’s features, fees, and regulation.
Score 4.1 / 5
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