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Eightcap vs FXOpen 2026

BrokerNotes.co

Written by BrokerNotes.co

January 23, 2025
  Fact Checked

Trying to decide between Eightcap and FXOpen? We’ve taken the guesswork out of the equation with our Comparison Tool. Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other.

Based on our extensive research, hands-on testing, and expert analysis of over a hundred data-driven variables, we've determined that, overall, Eightcap ranks more highly than FXOpen.

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Compare

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Overall Rating Eightcap FXOpen
Overall Rating star 7.6 /10 star 6.9 /10
Offering of Investments star 7.0 /10 star 6.0 /10
Commissions & Fees star 7.5 /10 star 7.5 /10
Platform & Tools star 7.5 /10 star 7.5 /10
Research star 7.0 /10 star 5.5 /10
Mobile Trading star 7.5 /10 star 7.5 /10
Education star 7.0 /10 star 6.0 /10
Account Type Eightcap FXOpen
Islamic Account No
Professional Account Yes
VIP/Premium Account Yes
Deposit/Withdrawal Options Eightcap FXOpen
Minimum Deposit $100 $100
Bank Wire (Deposit/Withdraw) Yes
Credit card (Deposit/withdraw) Yes
PayPal (Deposit/Withdraw) Yes
Non-wire bank transfer No No
Copy Trading Eightcap FXOpen
Copy Trading No Yes
Cryptocurrency Eightcap FXOpen
Cryptocurrency (Underlying) No No
Cryptocurrency (CFDs) Yes Yes
Bitcoin (BTC) Yes Yes
Ethereum (ETH) Yes Yes
Forex Trading (Spot or CFDs) Eightcap FXOpen
Forex Trading (Spot or CFDs) Yes Yes
Indices (Index CFDs) Eightcap FXOpen
DAX Yes Yes
Dow Jones Yes Yes
FTSE Yes Yes
NASDAQ 100 Yes Yes
Nikkei Yes Yes
SP 500 Yes Yes
Investments Eightcap FXOpen
Forex Trading (Spot or CFDs) Yes Yes
Spread Betting No No
Copy Trading No Yes
Commodities: Silver Yes Yes
Commodities: Oil Yes Yes
Commodities: Agriculturals No No
ETF Yes Yes
U.S. Stocks (CFDs) Yes Yes
Trading Platforms Eightcap FXOpen
Apple iOS App Yes Yes
Android App Yes Yes
Proprietary Desktop Trading Platform No No
Desktop Platform (Windows) Yes Yes
Web Platform Yes Yes
MetaTrader 4 (MT4) Yes Yes
MetaTrader 5 (MT5) Yes Yes
Regulatory Licenses Eightcap FXOpen
Tier-1 Licenses 3 2
Australia (ASIC Authorised) Yes No
Canada (CIRO Authorised) No No
Hong Kong (SFC Authorised) No No
Japan (FSA Authorised) No No
Singapore (MAS Authorised) No No
Switzerland (FINMA Authorised)
United Kingdom (U.K.) (FCA Authorised) Yes Yes
USA (CFTC Authorized) No No
New Zealand (FMA Authorised) No No
Regulated in one or more EU or EEA countries (MiFID). Yes Yes
Tier-2 Licenses 1 0
Tier-3 Licenses 0 0
Research, Education Eightcap FXOpen
Trading Central No No
Forex News (Top-Tier Sources) No Yes
Daily Market Commentary (Articles) Yes Yes
Autochartist No No
Videos - Beginner Trading Videos Yes No
Trading Costs Eightcap FXOpen
Minimum Deposit $100 $100
Average spread (EUR/USD) - Standard account 1.0 N/A
All-in Cost EUR/USD - Active 0.76 N/A
Trading Tools Eightcap FXOpen
Charting - Indicators / Studies (Total) 100 30
Mobile Charting - Indicators / Studies 100 30
Trust Factors Eightcap FXOpen
Year Founded 2009 2003
Publicly Traded (Listed) No No
Bank No No
Regulated in one or more EU or EEA countries (MiFID). Yes Yes
Trust Score 87 76
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Eightcap vs FXOpen Comparison

Comparing forex brokers side by side is no easy task. Our research team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry. Trying to decide between Eightcap and FXOpen? Our independent database powered by our unbiased research will help you compare Eightcap vs FXOpen side-by-side.

What is Trust Score?

Trust Score is a data-driven rating system that provides an at-a-glance rating of a broker’s overall trust by tracking 60+ brokers and over 100 regulatory jurisdictions across the globe. To make things clearer for everyday traders, we’ve created a five-tier system for regulators and Trust Score rating labels. Learn more about Trust Score, and check out our country guides to see the most trusted brokers in your country of residence.

Can I trust Eightcap?

Eightcap has a Trust Score of 87, giving it a "Trusted" Trust Score Label.

Can I trust FXOpen?

FXOpen has a Trust Score of 76, giving it a "Average Risk" Trust Score Label.

Is Eightcap a good broker?

Eightcap's impresses most with its crypto offering; traders at Eightcap gain access to an impressive range of cryptocurrency CFDs (though these are not available to traders in the U.K.). Though Eightcap doesn't offer any proprietary trading platforms or mobile apps, it provides the full MetaTrader platform suite (including MT5) as well as several plugins and third-party tools like TradingView and Capitalise.ai. That said, Eightcap has a somewhat limited offering of CFDs and tradeable symbols, and the broker's educational content has room to improve.

Is FXOpen a good broker?

Founded in 2003, FXOpen is a trusted broker that is regulated in multiple Tier-1 regulatory jurisdictions, boosting its overall Trust Score. FXOpen offers the full MetaTrader suite (both MT4and MT5) alongside the TickTrader platform, though the broker's MetaTrader offering is relatively unimpressive. With an extremely small number of tradeable markets and a limited selection of educational materials, FXOpen simply can't compete with the best forex brokers.

What Tier-1 jurisdictions is each broker regulated in?

Tier-1 is reserved for the strictest, most stringent regulatory jurisdictions in the world. Tier-1 regulators impose additional capital requirements and require a tougher initial screening process. Eightcap holds regulatory licenses in the following Tier-1 jurisdictions: Australia (ASIC Authorised) and United Kingdom (U.K.) (FCA Authorised). FXOpen, on the other hand, is licensed in these Tier-1 regulatory jurisdictions: United Kingdom (U.K.) (FCA Authorised). Neither have Canada (CIRO Authorised), Hong Kong (SFC Authorised), CBI Authorised (Ireland), Japan (FSA Authorised), Singapore (MAS Authorised), New Zealand (FMA Authorised), Switzerland (FINMA Authorised) and USA (CFTC Authorized)

What Tier-2 jurisdictions is each broker regulated in? What about Tier-3?

Tier-2 and tier-3 licenses are still important in evaluating the overall trustworthiness of forex brokers. As far as tier-2 licenses go, Eightcap is Cyprus (CySEC Authorised) and UAE (DFSA, FSRA, or CMA Authorised), while FXOpen is Cyprus (CySEC Authorised).. Neither have China (CBRC Authorised), India (SEBI Authorised), Israel (ISA Authorised), Russia (CBR Authorised), South Africa (FSCA Authorised) and Thailand (SEC Authorised). When comparing tier-3 licenses Eightcap is Bahamas (SCB Authorised), while FXOpen is none.. Neither have Belize (FSC Authorised), Bermuda (BMA Authorised), British Virgin Islands (FSC Authorised), Cayman Islands (CIMA Authorised), Mauritius (FSC Authorised) and Vanuatu (VFSC Authorised).

Which broker offers more trading platforms?

Whether your broker develops its own proprietary platforms or provides access to popular third-party platforms, you should make sure you can use your preferred type of trading platform. In our testing, we found that both Eightcap and FXOpen offer a Desktop Platform (Windows). Neither have Proprietary Desktop Trading Platform, cTrader, DupliTrade [DELETED] and ZuluTrade [DELETED]

Does Eightcap offer MetaTrader? Does FXOpen offer MetaTrader?

Both Eightcap and FXOpen offer the whole MetaTrader suite, which consists of both MetaTrader 4 and MetaTrader 5. If you’re new to MetaTrader 4 here’s our educational guide on how to use MT4.

How do Eightcap and FXOpen differ in terms of minimum deposit? What about average spreads and funding options?

Eightcap requires a minimum deposit of $100, while FXOpen requires a minimum deposit of $100. It's also important to ensure your broker accepts the funding options and deposit methods that work best for you. In our research, we've found that Eightcap supports Bank Wire (Deposit/Withdraw), PayPal (Deposit/Withdraw) and Skrill (Deposit/Withdraw) for funding and deposit methods, whereas FXOpen supports neither of these. Neither have Visa/Mastercard (Credit/Debit) [DELETED]

Which broker offers more tradeable asset classes, Eightcap or FXOpen?

When choosing a forex broker, it’s important to consider each broker’s available investment products and tradeable asset classes. We’ve researched each broker’s individual offering of investments to help you pick the right broker for what you want to trade. During our testing, we found that Eightcap delivers a more diverse selection of investment options than FXOpen, offering tradeable asset classes and investment types such as Forex Trading (Spot or CFDs), Commodities: Silver, Commodities: Oil, ETF and U.S. Stocks (CFDs). Neither have Spread Betting and Commodities: Agriculturals.

We also keep track of each broker’s total number of tradeable symbols; Eightcap offers 803, and FXOpen offers a total of 87 tradeable symbols.

Can I trade cryptocurrency with Eightcap or FXOpen?

Crypto trading has become popular among forex traders across a range of international jurisdictions. As a result, many forex brokers now offer crypto products to their clients; most crypto assets are offered either as an underlying physical asset (such as when you own actual bitcoin assets, for example) or as a derivative product like a CFD. If you are looking to trade physical cryptocurrencies, you’ll find that neither Eightcap nor FXOpen allow you to trade physical cryptocurrencies.

Who offers more research tools, Eightcap or FXOpen?

Market research plays a huge role in any forex trader’s ability to conduct analysis within the global forex market. We test each broker’s research offering to help you decide which broker is right for your technical or fundamental analysis needs. Eightcap delivers the following research tools: Daily Market Commentary (Articles). FXOpen, on the other hand, provides the tools listed here: Daily Market Commentary (Articles), Forex News (Top-Tier Sources) and Copy Trading. Neither have Autochartist, Stock Charts [DELETED] and Trading Central

Broker Reviews

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Eightcap Review

FXOpen Review

Overall winner: Eightcap

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We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.


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