So, while checking out Eightcap and FOREX.com, we noticed that FOREX.com has more forex pairs available. Eightcap does offer a solid variety of markets, but it seems like FOREX.com is really standing out in this review.
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Our comprehensive comparison covers the 10 most crucial trading factors to help you make an informed decision.
It is crucial for traders to look for brokers who optimise costs while maximising returns when choosing the right forex broker. These two brokers, Eightcap and FOREX.com, are well established brokers in the industry, each offer competitive pricing structures. In this review, we will compared both of their spreads, commission levels and their standard account fees, while focusing on major international currencies such as AUD, GBP and USD.
For this segment, spreads play a crucial and significant role in trading costs, most especially for active traders. Eightcap offers tighter RAW spreads compared to FOREX.com, particularly for EUR/USD of 0.06 compared to 0.13, and GBP/USD of 0.23 compared to 0.28. However, standard account spreads show mixed results, with FOREX.com offering a slightly better rates for GBP/USD of 1.11 compared to 1.2, but with a higher spread for AUD/USD of 1.7 compared to 1.2. Keep in mind that lower spreads benefit scalpers and day traders, especially in volatile market conditions.
| Standard Account | Eightcap Spreads | FOREX.com Spreads | Industry Spreads |
|---|---|---|---|
| Overall Average | 1.16 | 1.45 | 1.6 |
| EUR/USD | 1 | 1.2 | 1.2 |
| USD/JPY | 1.2 | 1.1 | 1.4 |
| GBP/USD | 1.2 | 1.1 | 1.6 |
| AUD/USD | 1.2 | 1.7 | 1.5 |
| USD/CAD | 1.2 | 2 | 1.8 |
| EUR/GBP | 1.1 | 1.3 | 1.5 |
| EUR/JPY | 1.2 | 1.5 | 1.9 |
| AUD/JPY | 1.2 | 1.7 | 2.1 |
For our commission fees, this impact profitability, specifically for high-volume traders. Eigihtcap charges a much lower commission per lot at $3.50 compared to FOREX.com’s $6.00 on their RAW accounts. Clearly, we see that this makes Eightcap is more cost-effective option for those trading large positions or frequently executing trades, specifically in major currency pairs such as AUD/USD and GBP/USD.
Evidently, both brokers maintain competitive pricing structures for their standard accounts. Their minimum deposit requirement, for both brokers, is $100, which makes them accessible for newbies and seasoned traders alike. Neither brokers charges inactivity fees, in which this benefits long-term traders. Eightcap, however, supports a wider range of funding methods of 7 versus4+, this provides greater flexibility for international traders handling multiple currencies.
|
Standard Account Spreads
|
|||||
|---|---|---|---|---|---|
|
1.00 | 1.20 | 1.00 | 1.00 | 1.10 |
|
1.20 | 1.40 | 1.50 | 1.60 | 1.50 |
|
1.13 | 1.01 | 1.71 | 1.66 | 1.12 |
|
1.20 | 0.90 | 1.50 | 1.80 | 1.80 |
|
0.90 | 1.10 | 1.50 | 1.50 | 1.00 |
|
1.10 | 1.20 | 1.30 | 1.30 | 1.30 |
|
1.20 | 1.80 | 1.90 | 1.90 | 1.60 |
|
1.32 | 1.95 | 1.37 | 1.70 | 1.40 |
Avg. spreads are taken from each broker's website and updated monthly. Last update on 03/01/2025
We see that both Eightcap and FOREX.com offer strong trading conditions, but the best choice will still depend on a trader’s strategies and dynamics. Eightcap is preferable for cost-conscious traders this is due to their lower spreads and commissions, compared to FOREX.com who offers more trading instruments. It is wise for traders to consider their trading styles and dynamic, whereas for FOREX.com offers more of their trading instruments. Also, traders should consider their trading style, preferred currency pairs, and cost structure to determine the best broker for their trading needs.
Our Lowest Spreads and Fees Verdict
FOREX.com hits the bullseye in this category thanks to their lowest spreads and fees.
FOREX.com ReviewVisit FOREX.com
*Your capital is at risk ‘75% of retail CFD accounts lose money’
When choosing the right trading platform, it is truly important for traders to pick features and platforms that gives impact to their execution speed, strategy automation, and most of all market analysis. Both Eightcap and FOREX.com offer MetaTraders 4 and 5, but their platform selections differ. In this comparison, we will explore and dissect how both brokers’ trading platforms will render their features to the traders, especially those focusing on AUD, GBP and USD markets.
| Trading Platform | Eightcap | FOREX.com |
|---|---|---|
| MetaTrader 4 | Yes | Yes |
| MetaTrader 5 | Yes | Yes |
| cTrader | No | No |
| TradingView | Yes | Yes |
| Copy Trading | Yes | Yes |
| Proprietary Platform | No | Yes |
We have created a software questionnaire if you are unsure what platform best suits your trading style. Based on six simple questions, we can recommend the best trading software for your trading needs.
MetaTrader 4 and MetaTrader 5, MT4 and MT5, are industry-standard platforms for forex trading. Both Eightcap and FOREX.com support these platforms, which allow traders to access advanced charting tools, automated trading, and most of all custom indicators. Evidently, Eightcap optimises MetaTrader with a more straightforward setup, compared to FOREX.com integrates additional tools for traders who prefer a more customisable experience.
While both brokers provide MetaTrader platforms, we see that FOREX.com also offers a proprietary platform designed for traders who need advanced market analytics and customisable layouts. Eightcap, on the other hand, integrates TradingView, in which it appeals to traders who are relying on an in-depth technical analysis. While FOREX.com’s proprietary platform may suit traders who prefer a more tailored trading environment.
For this segment, copy trading enables traders to follow and replicate the strategies of experienced professionals. Both Eightcap and FOREX.com support copy trading which allows users to benefit from automated strategy execution. This feature is specifically useful for newbies or seasoned traders looking for diversity their strategies across AUD, GBP, and USD currency pairs without any active management.
Both brokers offer MetaTrader 4, but their additional offerings set them apart.
Clearly, both brokers offer powerful trading platforms, but the choice will always depend on traders’ preference. Eightcap provides a streamlined MetaTrader experience with their TradingView integration, compared to FOREX.com which offers a proprietary platform for a deeper customisation. Always keep in mind that traders should always assess their strategies that needs to be determined in which platform is best to enhance their trading experience.
Our Better Trading Platform Verdict
FOREX.com truly dominates in this category this is due to their better trading platform.
FOREX.com ReviewVisit FOREX.com
*Your capital is at risk ‘75% of retail CFD accounts lose money’
For traders, selecting the right forex broker is vital most especially when choosing the right account types and trading conditions. Both Eightcap and FOREX.com offer distinct account structures which cater to different trading styles. Obviously, Eigtcap provides Standard and RAW accounts, while FOREX.com offers standard, commission and most of all Direct Market Access or DMA accounts, which gives traders more flexibility in spreads and commissions structures.
Both brokers offer different types of accounts, each with its own set of features.
Eightcap keeps its offerings simple with two primary accounts:
This streamlined approach benefits traders looking for a balance between cost and execution efficiency, particularly in big-volume AUD, GBP, and USD trading.
FOREX.com provides more account options, which includes:
FOREX.com also caters to active traders by offering volume-based rebates, making it attractive for high-frequency traders focusing on major forex pairs like AUD/USD and GBP/USD. Additionally, swap-free accounts are available for traders who are needing alternative interest-free trading conditions.
Clearly, both brokers serve different trading needs for traders in the market. Eightcap’s simple account structure is ideal for trader who are looking for either commission-free trading or low spreads. FOREX.com’s diverse account options, on the other hand, cater to a wider, broader range of traders in the market, whether a beginner or professional. Remember that traders should always consider their preferred pricing model and trading frequency when choosing the best account.
| Eightcap | FOREX.com | |
|---|---|---|
| Standard Account | Yes | Yes |
| Raw Account | Yes | Yes |
| Swap Free Account | No | Yes |
| Active Traders | No | Yes |
| Spread Betting (UK) | No | No |
Our Superior Accounts and Features Verdict
Without any doubt, Eightcap takes the lead in this segment thanks to their superior accounts and features.
View Eightcap ReviewVisit Eightcap
*Your capital is at risk ‘73% of retail CFD accounts lose money’
In this segment, we will touch base on how both Eightcap and FOREX.com renders their best trading experience and ease to traders. Both brokers offer distinct trading experiences, catering to different trader preferences. Through our in-depth research, we have come to realise that Eightcap truly stands out with its lightning-fast execution speeds and seamless MetaTrader integration, which makes it ideal for traders who value efficiency. On the other hand, FOREX.com offers powerful customisation options, making it a go-to choice for seasoned traders.
We can see in our chart’s data, Eightcap delivers MetaTrader 4 and 5 which is equipped with faster execution speeds, which reduces slippage. This feature is great for scalpers trading AUD, GBP, and USD pairs. FOREX.com comes with features equipped with its proprietary platform to go with their added MetaTrader features, which gives traders more flexibility and advanced charting tools. In terms of order execution, FOREX.com leads in market order speed, while Eightcap remains competitive with theirs.
Eightcap and FOREX.com both offer a solid trading experience, but they cater to different types of traders. Eightcap’s user interface is incredibly intuitive, making it a top choice for those who are new to trading.
FOREX.com, however, shines when it comes to customisation. Their proprietary platform is feature-rich and offers advanced charting tools, making it ideal for experienced traders.
Our team surmises that both brokers bring something valuable to the table. If you are looking for speed and simplicity, Eightcap is what you are looking for and the only way to go. But if you prefer deep customisation and advanced analytics, FOREX.com is the best choice. But then again, as we say this again and again, trader’s choice will always depend on whether they prioritise execution speed or the other way around, trading flexibility.
| Limit Order Speed | Limit Order Global Rank | Market Order Speed | Market Order Global Rank | |
|---|---|---|---|---|
| Eightcap | 143ms | 19/36 | 139ms | 17/36 |
| FOREX.com | 98ms | 13/36 | 88ms | 4/36 |
Our Best Trading Experience and Ease Verdict
Undoubtedly, FOREX.com steals the show in this segment by reason of their best trading experience and ease.
FOREX.com ReviewVisit FOREX.com
*Your capital is at risk ‘75% of retail CFD accounts lose money’
In this segment, we will talk about how regulation plays a vital role in choosing the right forex broker, which impacts security, transparency and most of all trader confidence. Eightcap is regulated by ASIC, this ensures strong oversight but primarily is focused on Australia. FOREX.com, on the other hand, come with multiple regulators which include the FCA in UK, and CFTC in the US, which offers a wider and broader global coverage, making it a more internationally recognised broker.
Our team also have found out that Eightcap provides a tier-1 regulation under ASIC and CYSEC, this makes it a reliable choice for trader with those jurisdiction. FOREX.com, however, takes it further with FCA in the UK, NFA/CFTC in the US, and CIRO in Canada. Having these as your feature gives traders a stronger sense of security across major forex markets such as AUD, GBP, and USD.
FOREX.com Trust Score
Eightcap Trust Score
Both Eightcap and FOREX.com are regulated, but the extent and jurisdictions of their regulation differ significantly.
| Eightcap | FOREX.com | |
|---|---|---|
| Tier 1 Regulation | FCA (UK) CYSEC (Cyprus) ASIC (Australia) | FCA (UK) CIRO (CANADA) NFA/CFTC (USA) CYSEC (Cyprus) |
| Tier 2 Regulation | JFSA (Japan) | |
| Tier 3 Regulation | SCB (Bahamas) | CIMA (Cayman) |
We see here that both brokers are well-regulated, but FOREX.com’s global reach provides a great compliance and assurance for traders worldwide. Meanwhile, Eightcap remains a strong contender, paritcularly in the Australian market. So for traders, choosing between these two brokers will depend on whether a trader prioritises international oversight of a more localised but equally secure regulatory framemwork.
Our Stronger Trust and Regulation Verdict
FOREX.com, clearly, outshines the contender in this category in light of their stronger trust and regulation.
FOREX.com ReviewVisit FOREX.com
*Your capital is at risk ‘75% of retail CFD accounts lose money’
It is not just about forex pairs when choosing the right broker – it is also about theh market variety. Clearly, Eightcap offers a very strong focus on their forex trading dynamics, which makes it a great choice for currency, and at the same time, focused traders. Meanwhile, FOREX.com provides a bigger and wider selection, which includes stocks, indices, and commodities, making it ideal for traders looking to diversify their portfolios.
Eiightcap specialises in forex trading, in which they offer 56 currency pairs butu with a fewer options for other markets. FOREX.com, on the other hand, comes with 91 forex pairs, and in addition provides commodities, indices, and share CFD’s, making their features a more versatile choice. Also, FOREX.com come with diverse markets can offer more opportunities beyond just currency trading which is great for trader dealing in AUD, GBP, and USD.
Eightcap primarily focuses on forex pairs, offering fewer options for those interested in diversifying their portfolio. FOREX.com, on the other hand, provides a wide range of markets including commodities, indices, and even stocks.
| CFDs | Eightcap | FOREX.com |
|---|---|---|
| Forex Pairs | 56 | 91 |
| Indices | 16 | 17 |
| Commodities | 8 Commodities Softs and Metals | 2 Metals (6 Gold crosses (2 Silver crosses) 2 Energies 2 Softs |
| Cryptocurrencies | 95 Crypto | 8 |
| Share CFDs | 586 | 220 |
| ETFs | No | No |
| Bonds | No | No |
| Futures | No | No |
| Treasuries | No | No |
| Investments | No | No |
In this last segment, both brokers cater to different trading styles. We see here that Eightcap is perfect for forex-focused traders, while FOREX.com provides a broader market selection for those wanting to trade beyond currencies. If you are a trader looking for better and great forex trading, Eightcap will deliver. But if you prefer a mix of markets, FOREX.com is the way to go. In the end, the decision will always be yours. Choose based on your strategy.
Our Top Product Range and CFD Markets Verdict
FOREX.com takes the crown in this category owing it to their top product range and CFD markets.
FOREX.com ReviewVisit FOREX.com
*Your capital is at risk ‘75% of retail CFD accounts lose money’
When it comes to learning the ropes of forex trading, both Eightcap and FOREX.com offer solid educational resources – but they take on different approaches regarding this topic. Eightcap focuses on quick, digestible content like tutorials in video form as well as beginner guides, while FOREX.com steps it up with their webinars, live events as well as their advanced trading strategies for traders in all levels.
Eightcap keeps things simple with their beginner and friendly guides as well as their tutorials in video form, which is perfect for those who prefer faster and snappy learning process. FOREX.com, on the other hand, they come with webinars, live Q&A sessions, and their in-depth strategies, which makes it a go-to choice for traders who are in search of in refining their trading skills. Both Eightcap and FOREX.com also provide resources to help trader navigate their way in the forex market effectively.
Eightcap offers a decent range of educational resources, including video tutorials and beginner-friendly guides. However, FOREX.com goes above and beyond with their educational offerings.
Our team surmises that if you are a beginner in the trading industry, Eightcap, with their straightforward guides and video tutorials, will help you get started. However, if you are looking for a deeper insights and real-time learning process, FOREX.com’s live events and advanced strategies give you an edge. Both of these brokers will ensure you have all the tools needed to grow as a trader no matter what your level is.
Our Superior Educational Resources Verdict
Based on our scores, FOREX.com is the standout choice for educational resources, offering a more comprehensive learning experience.
FOREX.com ReviewVisit FOREX.com
*Your capital is at risk ‘75% of retail CFD accounts lose money’
Choosing brokers with great customer service can truly make or break your trading experience. Both Eightcap and FOREX.com provide strong support, but they come with key differences. Eightcap offers a 24/5 service, compared to FOREX.com which goes further with their 24/7 availability. Whether you prefer live chat, email, or phone support, both of these brokers will ensure that their traders will get the help they need.
We see here that Eightcaps live chat is excellent for a quick response, while FOREX.com’s phone support is great for detailed inquiries. Booth brokers offer email support, which is ideal for non-urgent issued. In addition, FOREX.com’s comprehensive FAQ section helps traders find all the answer for their questions in rapid results. While both provide multilingual support, FOREX.com’s round-the-clock availability gives it a better edge.
Customer service is a critical aspect of trading, and both brokers excel in this area. Eightcap provides 24/5 customer service, which is reliable but not round-the-clock. FOREX.com offers 24/7 support, giving you peace of mind at all hours.
| Feature | Eightcap | FOREX.com |
|---|---|---|
| Live Chat Support | Yes | Yes |
| Email Support | Yes | Yes |
| Phone Support | Yes | Yes |
| Support Hours | 24/7 | 24/5 |
| Multilingual Support | Yes | Yes |
For traders, having a great customer support is truly essential for their smooth trading in the forex industry. Eightcap delivers a reliable 24/5 assistance, while FORERX.com offers a 24/7 access to theirs, which makes it ideal for traders needing help at any time. However, depending a traders preference, a quick live chat and an in-depth phone support or even self-help resources will suffice, and both of these brokers have strong options to support your trading journey.
Our Superior Customer Service Verdict
Indisputably, FOREX.com takes the cake in this category this is due to their superior customer service.
FOREX.com ReviewVisit FOREX.com
*Your capital is at risk ‘75% of retail CFD accounts lose money’
Convenience is truly the key when it comes to funding your forex trading account. It is clear to us that Eightcap shines with their variety of e-wallet options which includes Skrill and Neteller, while FOREX.com sticks to their traditional funding methods such as wire transfers and credit cards. Choices will be left to traders on whether they prefer digital payment or bank-based transactions.
Clearly, Eightcap offers more flexibility for traders who uses e-wallets, and at the same time accepting Skrill, Neteller and even crypto deposits. FOREX.com, on the other hand, focuses on universally accepted payment methods like bank transfers and credit/debit cards, which ensures accessibility for a wider and broader range of traders, most especially for those who prefer traditional banking channels.
Eightcap offers a variety of e-wallet options, making it a flexible choice for traders who prefer digital payments. FOREX.com, however, leans more towards traditional methods like wire transfers and credit cards.
| Funding Option | Eightcap | FOREX.com |
|---|---|---|
| Credit Card | Yes | Yes |
| Debit Card | Yes | Yes |
| Bank Transfer | Yes | Yes |
| PayPal | No | No |
| Skrill | Yes | Yes |
| Neteller | Yes | Yes |
| Crypto | Yes | Yes |
| Rapid Pay | No | No |
| POLi / bPay | Yes | No |
| Klarna | No | No |
With these laid out results, both brokers offer solid funding options, whether you are a trader who prioritises speed and digital convenience with Eightcap, or stability and universal acceptance with FOREX.com. Also, Eightcap is a great fit if you trade frequently and prefer fast e-wallet transactions. On the other hand, FOREX.com is the way to go if you value reliability and broader wider global acceptance.
Our Better Funding Options Verdict
Clearly, FOREX.com is riding high in this segment owing it to their better funding option.
FOREX.com ReviewVisit FOREX.com
*Your capital is at risk ‘75% of retail CFD accounts lose money’
As a trader, when starting your forex trading journey, choosing a broker with manageable deposit requirement is truly important. We see here that both Eightcap and FOREX.com offer a minimum deposit of $100, which makes them accessible for most traders. However, their payment methods differ by region, with FOREX.com they recommend a higher $1000 deposit for optimal trading conditions.
Both Eightcap and FOREX.com accept credit/debit cards and bank transfers in their trading services, this ensures easy funding for traders using GBP, USD, EUR, and AUD. However, e-wallets also differ – FOREX.com allows Skrill and Neteller for all currencies, while Eightcap limits these options to USD and EUR. In addition, FOREX.com recommends a higher deposit for better liquidity and risk managment.
Eightcap and FOREX.com have a minimum deposit requirement of $100. The difference between these two brokers is their available payment channels per region.
Eightcap
| Minimum Deposit | GBP | USD | EUR | AUD |
|---|---|---|---|---|
| Credit Card / Debit Card | £100 | $100 | €100 | $100 |
| Bank Wire | £100 | $100 | €100 | $100 |
| Skrill | N/A | $100 | €100 | N/A |
| Neteller | N/A | $100 | €100 | N/A |
FOREX.com
| Minimum Deposit | GBP | USD | EUR | AUD |
|---|---|---|---|---|
| Credit Card / Debit Card | £100 | $100 | €100 | $100 |
| Bank Wire | £100 | $100 | €100 | $100 |
| Skrill | £100 | $100 | €100 | $100 |
| Neteller | £100 | $100 | €100 | $100 |
In addition, here are their recommended deposits:
| Minimum Deposit | Recommended Deposit | |
| Eightcap | $100 | $100 |
| FOREX.com | $100 | $1,000 |
If you are a trader, your choice will always depend on your funding flexibility and trading capital. Eightcap provides a straightforward funding structure with e-wallet options for select currencies, while FOREX.com caters to traders who prefer more funding methods but encourages a larger initial deposit. As a trader, if you are starting small, Eightcap is a great choice. But if you are a trader who is into a serious trading transactions, FOREX.com offers greater financial backing.
Our Lower Minimum Deposit Verdict
Between FOREX.com and Eightcap in this segment, we have a draw. This is due to their lower minimum deposit.
FOREX.com ReviewVisit FOREX.com
*Your capital is at risk ‘75% of retail CFD accounts lose money’
FOREX.com truly shines in almost all categories because it offers a more comprehensive trading experience, from diverse market options to superior educational resources. The table below summarises the key information leading to this verdict.
| Categories | Eightcap | FOREX.com |
|---|---|---|
| Lowest Spreads And Fees | No | Yes |
| Better Trading Platform | No | Yes |
| Superior Accounts And Features | Yes | No |
| Best Trading Experience And Ease | No | Yes |
| Stronger Trust And Regulation | No | Yes |
| Top Product Range And CFD Markets | No | Yes |
| Superior Educational Resources | No | Yes |
| Superior Customer Service | No | Yes |
| Better Funding Options | No | Yes |
| Lower Minimum Deposit | Yes | Yes |
For beginner traders, Eightcap is the better choice due to its user-friendly interface and lower minimum deposit.
For experienced traders, FOREX.com is the superior option, offering a more customisable trading environment and a wider range of markets.
FOREX.com has lower costs when it comes to spreads and fees. They offer competitive spreads that can go as low as 0.8 pips. For more information on low-cost brokers, check out our lowest spread forex brokers in the UK.
Both Eightcap and FOREX.com offer MetaTrader 4, but Eightcap provides a more streamlined experience. For a detailed comparison, visit our best MT4 brokers page.
Neither Eightcap nor FOREX.com offer social or copy trading. If social trading is a priority, you might want to explore other options. For more information, check out the best copy trading platforms.
No, neither Eightcap nor FOREX.com offers spread betting. We have a detailed list of the best spread betting brokers in the UK that you can check out on our dedicated spread betting page.
In my opinion, Eightcap is superior for Australian Forex traders. It’s ASIC-regulated and offers a user-friendly platform. For more details, visit our Best Forex Brokers In Australia page.
For UK traders, FOREX.com is the better choice. It’s FCA-regulated and offers a wide range of markets. For more information, check out our Best Forex Brokers In UK page.
No commission account spread propiety testing data and published wesbite spread information, centralised on our Standard Account Spreads page.
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