EightCap and Libertex face off on trust, costs, and platforms. The clash highlights regulation quality, pricing models, and the breadth of trading tools.
Find out which broker best suits your trader profile.
Choose if…
Choose EightCap for top-tier regulators and raw spreads with a single account across MT4, MT5, cTrader, and TradingView.
Choose if…
Choose Libertex if you prefer a long operational history with zero-spread pricing and a proprietary platform.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.3/ 5 | 3.9/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.4 / 5▲ | 3.8 / 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 | Libertex |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Fail |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Pass |
| 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 |
The scores are close: EightCap rates 4.3/5 and Libertex rates 3.9/5. 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 Libertex start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Libertex has $10, while EightCap requires at least $100. This makes Libertex more accessible for traders with limited starting capital.
EightCap holds top-tier regulation (ASIC, FCA, SCB), providing stronger investor protections. Libertex 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: Libertex requires a lower minimum deposit ($10), 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 Libertex lists up to 999:1. 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 Libertex are not currently available. Check their website for up-to-date pricing.
EightCap supports TradingView, cTrader, MetaTrader 4, MetaTrader 5, while Libertex supports Proprietary Web/Mobile, MetaTrader 4, MetaTrader 5. Both provide MetaTrader 4 and MetaTrader 5. EightCap has exclusive access to TradingView and cTrader. Libertex has exclusive access to Proprietary Web/Mobile.
Both brokers offer spreads from 0.00 pips.
EightCap wins for safety and regulation with ASIC and FCA dual oversight.
EightCap wins for active traders with ECN access and four-platform support.
EightCap is better suited for scalpers: raw/ECN spreads available.
Libertex wins on platform choice thanks to MT4/MT5 and a proprietary Libertex platform.
EightCap offers more instruments, about 800 versus 250.
Fees & Spreads 30% weight | 4.6 / 5▲ | 4.0 / 5 |
|---|
Platforms & Tools 20% weight | 4.5 / 5▲ | 3.9 / 5 |
|---|
Customer Support 10% weight | 4.2 / 5▲ | 3.8 / 5 |
|---|
| Founded | 2009 | 1997 |
|---|
| Headquarters | Melbourne, Australia | Limassol, Cyprus |
|---|
| Min Deposit | $100 | $10▼ lower |
|---|
| Spreads From | 0 pips | 0 pips |
|---|
| Commission / lot | $7/lot | N/A |
|---|
| 0.7 pips | N/A |
| Max Leverage | 500:1 | 999:1▲ higher |
|---|
| Inactivity Fee | $10/month (after 12 months) | $5/month (after 180 days)▼ lower |
|---|
| 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 | ASIC FCA SCB | CySEC |
|---|
| Platforms | TradingView cTrader MetaTrader 4 MetaTrader 5 | Proprietary Web/Mobile 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
Very low $10 minimum deposit
Zero spread commission model, transparent cost per trade
Long operational history since 1997
MT4, MT5, and proprietary Libertex platform
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
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
Only CySEC regulated, limited jurisdiction coverage
Commission multiplier model can be confusing for new traders
Not available in many major English-speaking markets
No top-tier regulatory licence
No raw spread account option
Inactivity fee applies
Limited charting capabilities
EightCap edges Libertex on editorial score due to stronger regulation, wider instrument coverage, and access to raw spreads.
Dig deeper into each broker’s features, fees, and regulation.
Score 3.9 / 5
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