Choose Eightcap if you want…
Active scalpers + crypto-CFD-focused traders wanting tier-1 ASIC + CySEC regulation with TradingView execution.
Eightcap
⭐ 4.4 / 5
VS
SquaredFinancial
⭐ 3.5 / 5
Eightcap vs SquaredFinancial — which broker is better in 2026?
We compared Eightcap and SquaredFinancial across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. Eightcap wins on more criteria (4 categories vs 0), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.
| Eightcap | SquaredFinancial | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.4 / 5 | ⭐ 3.5 / 5 | Eightcap |
| Regulators | ASIC, CySEC, FCA (in setup), SCB Bahamas | CySEC, FSA Seychelles | Eightcap |
| Min. deposit | $100 | $250 | Eightcap |
| 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) | 1:30 (EU) / 1:500 | — |
| Platforms | MT4, MT5, TradingView | MT4, MT5 | Eightcap |
| Founded | 2009 | 2005 | — |
| HQ | Melbourne, Australia | Limassol, Cyprus | — |
Pros & cons compared
Eightcap pros
- ✓ ASIC + CySEC dual tier-1 regulation
- ✓ Raw account: 0.0 pips + $3.50/lot/side commission
- ✓ Native TradingView integration — trade directly from TradingView charts
- ✓ 1,000+ instruments including 250+ crypto CFDs (one of broadest crypto suites)
- ✓ Same-day withdrawals on most methods
Cons
- ✗ $100 minimum deposit higher than budget brokers
- ✗ Smaller brand recognition vs. Pepperstone / Pepperstone
- ✗ Limited proprietary platform — third-party only
SquaredFinancial pros
- ✓ Operating since 2005 with a CySEC licence
- ✓ ECN pricing from 0.0 pips on raw accounts
- ✓ Multi-asset CFD range across FX, indices, commodities and shares
- ✓ Offshore entity offers leverage up to 1:500
- ✓ Established MT4 and MT5 infrastructure
Cons
- ✗ Higher $250 minimum deposit than many rivals
- ✗ Lower retail brand awareness
- ✗ EU clients capped at 1:30 leverage
Which one should you choose?
Choose SquaredFinancial if you want…
Traders wanting an established, long-running CySEC ECN broker with a broad multi-asset CFD range.
Frequently asked questions
Which is better — Eightcap or SquaredFinancial?
Based on five comparison criteria (regulation, deposit, spreads, platforms, overall rating), Eightcap wins 4 categories. That makes it the stronger default choice — though both brokers remain reputable, independently tier-1 regulated options.
Is Eightcap more regulated than SquaredFinancial?
Eightcap holds licenses from: ASIC, CySEC, FCA (in setup), SCB Bahamas. SquaredFinancial holds licenses from: CySEC, FSA Seychelles. Eightcap has more regulatory licenses, giving it broader geographic coverage.
What are the spreads at Eightcap vs SquaredFinancial?
Eightcap spreads start from 0.0 pips (Raw) / 1.0 pip (Standard). SquaredFinancial spreads start from 0.0 pips (ECN). Actual spreads vary by account type and market conditions.
Which has a lower minimum deposit, Eightcap or SquaredFinancial?
Eightcap: $100. SquaredFinancial: $250. Eightcap has the lower entry barrier.
