EightCapvs
FXOpenForex Broker Comparison
This comparison pits two ECN-oriented brokers with strong regulation and broad platform support. The tension centers on regulation, costs, platform breadth, and support options.
Who should choose EightCap vs FXOpen?
Find out which broker best suits your trader profile.
Choose if…
Choose EightCap if you value phone support, TradingView access on one account, and 800 instruments.
Choose if…
Choose FXOpen if you prioritize triple regulation, low ECN commissions, and MT4/MT5 with cTrader.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
EightCap vs FXOpen: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.3/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.4 / 5 | 4.5 / 5▲ |
EightCap vs FXOpen Forex Broker Pros & Cons
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
EightCap vs FXOpen: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
EightCap
criteria win
0
FXOpen
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | EightCap | FXOpen |
|---|---|---|
| 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 | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Pass |
EightCap vs FXOpen: Frequently Asked Questions
The scores are close: EightCap rates 4.3/5 and FXOpen rates 4.2/5. 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 EightCap and FXOpen start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Both EightCap and FXOpen require a minimum deposit of $100 to open a live trading account.
Both EightCap and FXOpen 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, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
EightCap lists maximum leverage of 500:1, while FXOpen 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.
FXOpen 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 FXOpen supports cTrader, MetaTrader 4, MetaTrader 5. Both provide cTrader and MetaTrader 4 and MetaTrader 5. EightCap has exclusive access to TradingView.
