Choose Eightcap if you want…
Active scalpers + crypto-CFD-focused traders wanting tier-1 ASIC + CySEC regulation with TradingView execution.
We compared Eightcap and FXGT across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. Eightcap wins on more criteria (2 categories vs 1), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.
| Eightcap | FXGT | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.4 / 5 | ⭐ 3.6 / 5 | Eightcap |
| Regulators | ASIC, CySEC, FCA (in setup), SCB Bahamas | CySEC, FSCA (South Africa), FSC Mauritius, VFSC Vanuatu | Tie |
| Min. deposit | $100 | $5 | FXGT |
| Spreads from | 0.0 pips (Raw) / 1.0 pip (Standard) | 0.0 pips (ECN) | Tie |
| Max. leverage | Up to 1:30 (EU retail) / 1:500 (offshore) | 1:1000 | — |
| Platforms | MT4, MT5, TradingView | MT4, MT5 | Eightcap |
| Founded | 2009 | 2019 | — |
| HQ | Melbourne, Australia | Limassol, Cyprus | — |
Active scalpers + crypto-CFD-focused traders wanting tier-1 ASIC + CySEC regulation with TradingView execution.
Crypto-and-FX traders wanting a low-entry hybrid broker with high leverage and a wide digital-asset range.
Based on five comparison criteria (regulation, deposit, spreads, platforms, overall rating), Eightcap wins 2 categories. That makes it the stronger default choice — though both brokers remain reputable, independently tier-1 regulated options.
Eightcap holds licenses from: ASIC, CySEC, FCA (in setup), SCB Bahamas. FXGT holds licenses from: CySEC, FSCA (South Africa), FSC Mauritius, VFSC Vanuatu. Both brokers have the same number of regulatory licenses; the specific regulators differ.
Eightcap spreads start from 0.0 pips (Raw) / 1.0 pip (Standard). FXGT spreads start from 0.0 pips (ECN). Actual spreads vary by account type and market conditions.
Eightcap: $100. FXGT: $5. FXGT has the lower entry barrier.
General risk warning: CFDs are leveraged products.
CFDs are leveraged. Your capital is at risk.
CFDs are leveraged. Your capital is at risk.
69% of retail accounts lose money.
CFDs are leveraged. Your capital is at risk.
73% of retail accounts lose money.
CFDs and FX Options entail risk of loss.