Eightcap
FxPro
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Overview
Eightcap was founded in 2009 and is headquartered in Australia, while FxPro was established in 2006 and is based in UK. Eightcap holds licences including Australian Securities and Investment Commission (ASIC), while FxPro is regulated by Financial Conduct Authority (FCA) among others. Eightcap serves 10,000+ clients worldwide; FxPro has 10,000+. Both brokers share the same minimum deposit of $100.
| Feature | Eightcap | FxPro |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Regulation | Australian Securities and Investment Commission (ASIC) | Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (FSCA), Securities Commission of The Bahamas (SCB), Dubai Financial Services Authority (DFSA) |
| Founded | 2009 | 2006 |
| Country | Australia | UK |
| Clients | 10,000+ | 10,000+ |
Fees
Fees are a critical factor when choosing between Eightcap and FxPro, directly affecting your bottom line as a trader. Both require a minimum deposit of $100. Eightcap charges withdrawal fees while FxPro does not, a notable advantage for frequent withdrawers. Both brokers charge inactivity fees on dormant accounts, worth noting if you trade infrequently. Overall, FxPro scores higher on fees in our assessment.
| Feature | Eightcap | FxPro |
|---|---|---|
| Min. Deposit | $100 | $100 |
| Withdrawal Fees | Yes | No |
| Inactivity Fees | Yes | Yes |
| Deposit Fees | No | No |
| CFD Fees | No | Yes |
Platforms
Eightcap offers MT4, MT5, cTrader, while FxPro supports MT4, MT5, cTrader. Both brokers provide mobile trading apps for iOS and Android. Both brokers support copy or social trading, catering to less hands-on investors. The two brokers are closely matched on platform offering.
| Feature | Eightcap | FxPro |
|---|---|---|
| MT4 | Yes | Yes |
| MT5 | Yes | Yes |
| cTrader | Yes | Yes |
| Windows App | Yes | Yes |
| iOS App | Yes | Yes |
| Android App | Yes | Yes |
| Trading Platforms | MT4, Tablet & Mobile apps | MT4, MT5, cTrader, Tablet & Mobile apps |
Education & Research
Education and research tools help traders at every level make more informed decisions, and here's how Eightcap and FxPro compare. FxPro runs regular live webinars; Eightcap does not. FxPro has a video library; Eightcap does not. FxPro publishes daily market commentary; Eightcap does not. FxPro integrates third-party research tools (Trading Central); Eightcap does not. FxPro maintains an archive of past webinars for on-demand viewing. FxPro scores higher overall in education and research.
| Feature | Eightcap | FxPro |
|---|---|---|
| Forex Education | No | No |
| CFD Education | No | Yes |
| Weekly Webinars | No | Yes |
| Daily Commentary | No | Yes |
| Trading Central | No | Yes |
| Autochartist | No | No |
Deposits & Withdrawals
Convenient deposit and withdrawal options reduce friction for traders, especially important when managing positions across time zones. Eightcap accepts 2 of the tracked payment methods (bank transfer, credit/debit card), while FxPro supports 5 (bank transfer, credit/debit card, PayPal, Skrill, Neteller). FxPro uniquely supports PayPal and Skrill and Neteller among the two brokers. FxPro scores higher on deposit and withdrawal flexibility.
| Feature | Eightcap | FxPro |
|---|---|---|
| Bank Transfer | Yes | Yes |
| Credit Card | Yes | Yes |
| PayPal | No | Yes |
| Skrill | No | Yes |
| Neteller | No | Yes |
Support
Responsive customer support matters most when you're locked out of your account or need urgent help with a trade. Both Eightcap and FxPro offer live chat support. Both provide phone support. Email support is available at both brokers. Eightcap supports 2 languages and FxPro supports 15, giving FxPro broader global reach. Both brokers are comparable on support quality.
| Feature | Eightcap | FxPro |
|---|---|---|
| Live Chat | Yes | Yes |
| Phone Support | Yes | Yes |
| Email Support | Yes | Yes |
| Languages | English, and Chinese | Arabic, Chinese, English, French, German, Hungarian, Indonesian, Italian, Japanese, Korean, Polish, Portuguese, Russian, Spanish, and Vietnamese |