Eightcap vs FXOpen Comparison: Which Is Better for Traders?
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Who is better - Eightcap or FXOpen?
Our pick: Eightcap
Based on multiple factors - spreads and fees, available assets and instruments, execution quality, platform usability, support level, and educational resources - Eightcap looks preferable to FXOpen.
Eightcap scored 4.5/5 and ranks 7 in our all Forex brokers list, whereas FXOpen has 4.3/5 and ranks 29.
This is not financial advice. See the full comparison below.
Who is Eightcap suitable for?
Eightcap is suitable for active Forex and CFD traders, crypto enthusiasts, and those who value modern platforms and competitive trading conditions.
Who is FXOpen suitable for?
Broker FXOpen is suitable for professional traders and scalping enthusiasts but may not be ideal for beginners due to the lack of training.
Comparison Table of Eightcap and FXOpen
| Broker | Eightcap | FXOpen |
|---|---|---|
| Rating | 4.5/5 | 4.3/5 |
| Foundation Year | 2015 | 2004 |
| Regulated in Countries | Australia, United Kingdom, Cyprus, Bahamas | United Kingdom, Cyprus, Australia |
| Minimum Deposit |
|
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:500 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Eightcap Review | FXOpen Review |
Eightcap Review
Eightcap is a modern broker with reliable regulation, convenient MT4, MT5, and TradingView platforms, and a wide selection of instruments, including over 160 cryptocurrency CFDs. It suits traders who value technology, fast market access, and competitive trading conditions. The broker will be especially interesting for active traders and those who use CFD instruments, but is less convenient for investors seeking passive trading solutions.
Pros and Cons of Eightcap
Pros
- Support for popular platforms MT4, MT5, and integration with TradingView.
- Over 800 trading instruments, including 160+ cryptocurrency CFDs.
- Regulated by ASIC, FCA, CySEC, and SCB.
- Convenient deposit and withdrawal methods with no fees.
- Modern analytics tools: AI economic calendar and FlashTrader for MT5.
Cons
- No cent or Islamic accounts.
- No passive trading solutions (copy trading, PAMM).
Eightcap is in the top 10 of the following ratings:
FXOpen Review
FXOpen is a highly regulated broker with licenses from leading international bodies, which guarantees the safety of investments and compliance with strict standards. The broker offers a wide range of trading instruments, allowing traders to diversify their portfolios. Low spreads and commissions make FXOpen an attractive choice for those looking for a cost-effective trading environment. The availability of various platforms gives traders the flexibility to choose a trading instrument.
FXOpen is ideal for experienced traders who can analyze the market independently and make informed trading decisions without significant educational support. The broker is especially attractive to those who seek variety in trading tools and prefer to use advanced trading platforms.
Pros and Cons of FXOpen
Pros
- Wide range of trading assets.
- Low spreads and commissions.
- Support for various trading platforms.
Cons
- Lack of educational materials.
FXOpen is in the top 10 of the following ratings:
Reliability
| Broker | Eightcap | FXOpen |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2015 | 2004 |
| Regulated in Countries | Australia, United Kingdom, Cyprus, Bahamas | United Kingdom, Cyprus, Australia |
| Regulators | ASIC ASIC FCA FCA CySEC CySEC SCB SCB | - FCA FCA CySEC CySEC ASIC ASIC |
Eightcap
Eightcap demonstrates a high level of reliability thanks to licenses from ASIC, FCA, CySEC, and SCB, as well as segregated accounts, ensuring transparency and client protection.
Pros
- Regulated by multiple reputable authorities
- Segregated client accounts
- International presence
FXOpen
FxOpen is a reliable and regulated broker, licensed in many countries, ensuring the safety of funds and a high standard of services.
Account Opening
| Broker | Eightcap | FXOpen |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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Eightcap
Opening an account with Eightcap is fast and convenient: registration takes a few minutes, and verification is completed within a day.
Pros
- Fast online registration
- Convenient login via Google/Facebook
- Low minimum deposit
FXOpen
FxOpen provides a simple and convenient account opening process, with an emphasis on security and compliance with regulatory requirements.
Account Types
| Broker | Eightcap | FXOpen |
|---|---|---|
| Account Types | 3/5 | 5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:500 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Eightcap
Eightcap's account types cover traders' basic needs, offering a choice between Standard and Raw, but there are no cent, Islamic, or passive trading accounts.
Pros
- Conditions for beginners and pros
Cons
- No cent accounts
- No Islamic accounts
- No copy trading/PAMM
FXOpen
FxOpen offers a wide selection of trading accounts and additional services.
Commissions
| Broker | Eightcap | FXOpen |
|---|---|---|
| Commissions | 4/5 | 3/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.1 | 1.2 |
| Commission per Lot | $3.5 | $3.5 |
Eightcap
Eightcap's fees are competitive: low spreads, an average commission on Raw, and no hidden charges make trading transparent and convenient.
Pros
- No inactivity fee
- Free deposits and withdrawals
- Tight spreads
Cons
- Market-average per-lot commission on the Raw account
FXOpen
FxOpen's commissions are average in the market, with competitive spreads, but high swap rates and inactivity fees.
Deposit and Withdrawal
| Broker | Eightcap | FXOpen |
|---|---|---|
| Rating | 5/5 | 4.2/5 |
| Account Funding Methods |
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|
Eightcap
Eightcap provides convenient and fast money operations: fee-free deposits, quick withdrawals, and a wide choice of methods make the process simple and accessible.
Pros
- Fee-free deposits
- Fast withdrawals
- Support for cards, e-wallets, and cryptocurrencies
FXOpen
FxOpen offers a variety of deposit and withdrawal methods.
Pros
- A large selection of payment systems and cryptocurrencies.
- Fast processing of withdrawal requests.
Cons
- No bank transfer option.
- High commissions for credit cards from the provider.
Markets and Products
| Broker | Eightcap | FXOpen |
|---|---|---|
| Markets and Products | 5/5 | 4.6/5 |
| Forex | 57 | 66 |
| Precious Metals | 13 | 3 |
| Energy Carriers | 3 | 3 |
| Soft Commodities | 6 | - |
| Indices | 21 | 12 |
| Stocks | 505 | 553 |
| ETF | 36 | 56 |
| Cryptocurrency | 163 | 41 |
Eightcap
Eightcap offers a wide range of markets—from Forex and commodities to ETFs and 160+ cryptocurrencies—making the broker attractive for active traders.
Pros
- Wide range of assets
- Over 160 cryptocurrency CFDs
- Support for CFDs on stocks, ETFs, and indices
FXOpen
FxOpen offers a good selection of assets but without soft commodities.
Trading Platforms
| Broker | Eightcap | FXOpen |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Trading Platforms |
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|
Eightcap
Eightcap offers convenient platforms MT4, MT5, and TradingView, combining proven functionality with modern analysis tools.
Pros
- Support for MT4 and MT5
- Integration with TradingView
- Mobile and web versions
Cons
- No proprietary platform
FXOpen
FXOpen offers a wide range of trading platforms, catering to different types of traders.
Analytics
| Broker | Eightcap | FXOpen |
|---|---|---|
| Rating | 4/5 | 4/5 |
Eightcap
Eightcap's analytics combine innovation (AI calendar, FlashTrader) and insights, but in terms of the volume of expert reviews, it lags behind market leaders.
Pros
- AI economic calendar
- FlashTrader for MT5
- Trade Zone with forecasts
Cons
- Limited analytics coverage
FXOpen
FXOpen provides a solid package of analytical tools, offering traders valuable resources for making trading decisions.
Education
| Broker | Eightcap | FXOpen |
|---|---|---|
| Rating | 4/5 | 2/5 |
Eightcap
Eightcap's educational materials cover the basics and strategies, offering articles, e-books, webinars, and video lessons, but lag behind market leaders in depth.
Pros
- Variety of formats
- Practical strategies
Cons
- No step-by-step courses
- No podcasts or interactive quizzes
FXOpen
FXOpen invests little in trader education, offering only basic articles and a glossary of terms.
Customer Support
| Broker | Eightcap | FXOpen |
|---|---|---|
| Rating | 5/5 | 4.5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Twitter
LinkedIn
YouTube
Instagram
Facebook
Telegram
WhatsappEightcap
Eightcap's support is efficient and available 24/5: quick responses in chat and the professionalism of specialists make it a reliable tool for clients.
Pros
- 24/5 live chat
- Local contacts
- Qualified support
Cons
- Sometimes standard responses during peak hours
FXOpen
FXOpen offers reliable support, and a variety of communication channels adds flexibility.
Comparisons of Eightcap and FXOpen with other brokers
Conclusion
Eightcap stands out as the better overall pick, while FXOpen trails on aggregate criteria.
Eightcap scored 4.5/5 and ranks 7 in our rating; FXOpen has 4.3/5 and ranks 29.
We explain the reasons above in detail — fees, platforms, reliability, support, and more.
FAQ
Which broker is better: Eightcap or FXOpen?
Eightcap comes out ahead by overall rank (score 4.5/5, position 7) versus FXOpen (score 4.3/5, position 29).
Which broker is better for beginners: Eightcap or FXOpen?
Eightcap is often a smoother start thanks to simpler onboarding and stronger baseline metrics. Still, your tools and budget should drive the final choice.
Who has lower typical trading costs (spreads/commissions) — Eightcap or FXOpen?
It depends on the instrument and account type. Compare the live conditions in the “Commissions” section on this page — we break down the nuances category by category.
What trading platforms are available with Eightcap and FXOpen?
Eightcap: MetaTrader 4, MetaTrader 5, TradingView. FXOpen: MetaTrader 4, MetaTrader 5, TickTrader, TradingView. See the “Platforms” section for details and selection tips.
What markets can you trade with Eightcap and FXOpen?
Eightcap: Forex, Precious Metals, Energy Carriers, Soft Commodities, Indices, Stocks, ETF, Cryptocurrency. FXOpen: Forex, Precious Metals, Energy Carriers, Indices, Stocks, ETF, Cryptocurrency. Full lists and differences are in the “Markets” section.
What account types are offered by Eightcap and FXOpen?
Eightcap: Standard, Raw. FXOpen: STP, ECN, Micro, Crypto. See “Account Types” for a side-by-side comparison.
What deposit and withdrawal methods are supported by Eightcap and FXOpen?
Eightcap: PayPal, Bpay, Skrill, Neteller, Interac, FasaPay, Dragonpay, Bank Transfer, Visa, Mastercard, UnionPay. FXOpen: WebMoney, Volet, FasaPay, Visa, Mastercard, JCB, Discover. Check method-specific fees/settlement times.
Which broker is safer — Eightcap or FXOpen — and how was this assessed?
We consider regulation, corporate transparency, fund protection, and incident history. See the “Reliability” section for our findings.
