EightCap and Errante face off on regulation, costs, and platform reach, revealing different strengths and trade-offs for forex traders.
Find out which broker best suits your trader profile.
Choose if…
Choose EightCap if you want four platforms including cTrader and TradingView. You also get advanced charting tools and dual ASIC and FCA regulation.
Choose if…
Choose Errante if you want a $50 minimum and Pro ECN 0.0 pips at $3/lot. You also get MT4/MT5 and CySEC regulation with ICF coverage.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.3/ 5 | 3.8/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.4 / 5▲ | 4.0 / 5 |
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
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | EightCap | Errante |
|---|---|---|
| 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 | 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 | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
EightCap rates 4.3/5 versus 3.8/5 for Errante. EightCap edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Both EightCap and Errante start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Errante has $50, while EightCap requires at least $100. This makes Errante more accessible for traders with limited starting capital.
Both EightCap and Errante 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: Errante requires a lower minimum deposit ($50), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
EightCap lists maximum leverage of 500:1, while Errante lists up to 30:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Errante charges $3 per lot, lower than EightCap's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
EightCap supports TradingView, cTrader, MetaTrader 4, MetaTrader 5, while Errante supports 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 is favored for safety and regulation due to dual ASIC and FCA oversight.
EightCap wins for active traders thanks to advanced charting features and broad instrument coverage.
Errante is better suited for scalpers: lower commission ($3/lot).
EightCap leads in platform choice with MT4/MT5, cTrader, and TradingView.
Errante is better for beginners due to a $50 minimum on standard accounts.
EightCap offers 800 instruments, far more than Errante's 200.
Fees & Spreads 30% weight | 4.6 / 5▲ | 4.2 / 5 |
|---|
Platforms & Tools 20% weight | 4.5 / 5▲ | 3.7 / 5 |
|---|
Customer Support 10% weight | 4.2 / 5▲ | 3.9 / 5 |
|---|
| Founded | 2009 | 2017 |
|---|
| Headquarters | Melbourne, Australia | Limassol, Cyprus |
|---|
| Min Deposit | $100 | $50▼ lower |
|---|
| Spreads From | 0 pips | 0 pips |
|---|
| Commission / lot | $7/lot | $3/lot▼ lower |
|---|
| 0.7 pips | 0.3 pips▼ lower |
| Max Leverage | 500:1▲ higher | 30:1 |
|---|
| Inactivity Fee | $10/month (after 12 months) | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerCrypto | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerCrypto | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FCA ASIC SCB | CySEC FSA Seychelles |
|---|
| Platforms | TradingView cTrader MetaTrader 4 MetaTrader 5 | MetaTrader 4 MetaTrader 5 |
|---|
| Active bonuses |
|---|
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
Pros
CySEC (440/23) regulation with ICF compensation up to EUR 20,000
$50 minimum deposit on standard account
Pro ECN account: 0.0 pip raw spreads at $3/lot commission
MT4 and MT5 available
Regulated by top-tier authorities (FCA, ASIC, CySEC)
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
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer 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
Cons
Small broker with limited balance sheet transparency
No cTrader, no TradingView integration
Research and educational content minimal
Non-EU clients on FSA Seychelles lighter framework
No proprietary platform
Limited charting capabilities
EightCap edges Errante on editorial score and regulation scope with dual ASIC and FCA oversight and Razor raw EURUSD from 0.0 pips at $7/lot.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.8 / 5
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