Broker comparison
FP Markets vs Eightcap
Compare the named entities and their recorded terms.
Compare regulatory records and separately labelled entity-specific costs, platforms and protection. This is not a complete cost, withdrawal or safety ranking.
Costs, platforms and protection first
Costs
What will you pay for?
FP Markets
AU · First Prudential Markets Pty Ltd
Raw: AUD3.50/lot/side, from 0 pips. Standard: zero commission, from 1 pip.
Conditions and evidence
Australian entity disclosures; check account/product applicability.
AUD is not equivalent to USD pricing. Holding/platform fees are separate.
Forex account types — commission per lot / spreads ↗ · 2026-09-29Eightcap
AU · Eightcap Pty Ltd
Raw USD accounts: USD3.50/lot/side. Standard: from 1 pip; shares incur commission.
Conditions and evidence
Public documents for the named entity/account. Confirm residence acceptance when applying.
Platforms
Which tools can you use?
FP Markets
AU · First Prudential Markets Pty Ltd
MT4/MT5/cTrader; TradingView is listed for Raw.
Conditions and evidence
Australian entity disclosures; check account/product applicability.
Eightcap
AU · Eightcap Pty Ltd
MT4, MT5 and TradingView.
Conditions and evidence
Public documents for the named entity/account. Confirm residence acceptance when applying.
Client protection
Who is covered, and how?
FP Markets
AU · First Prudential Markets Pty Ltd
Current Australian-entity FAQ states retail negative balance protection.
Conditions and evidence
Australian entity disclosures; check account/product applicability.
Provider disclosure supplements the saved 2021 terms. It does not confirm the agreement used at application, Pro/other-entity coverage or insolvency compensation.
AU FAQ — negative balance protection; First Prudential Markets Pty Ltd footer ↗ · 2026-09-30Eightcap
AU · Eightcap Pty Ltd
PDS provides negative balance protection, with a cross-account netting clause.
Conditions and evidence
Public documents for the named entity/account. Confirm residence acceptance when applying.
Confirm the PDS version used for the application.
PDS — section 6.3 ↗ · 2026-09-29Detailed comparison table
Swipe horizontally to compare the same field.
| Costs | FP MarketsAU · First Prudential Markets Pty LtdSources and caveats ↗ · 2026-09-29 | EightcapAU · Eightcap Pty LtdSources and caveats ↗ · 2026-09-29 |
|---|---|---|
| Published minimum spread | Raw0 pips Pair unspecified Standard1 pip Pair unspecified | Standard1 pip Pair unspecified |
| Trading commission | RawAUD3.50 per lot / side Standard0 | Raw · USDUSD3.50 per lot / side |
| Holding charges | Figure not recorded | Figure not recorded |
| Currency conversion | Figure not recorded | Figure not recorded |
| Other charges | Figure not recorded | Figure not recorded |
Compare only matching accounts, instruments and currencies. Unrecorded does not mean free. Minimums are not observed averages.
Sources and caveats
FP Markets
First Prudential Markets Pty Ltd: Raw: AUD3.50/lot/side, from 0 pips. Standard: zero commission, from 1 pip.
AUD is not equivalent to USD pricing. Holding/platform fees are separate.
Forex account types — commission per lot / spreads ↗ · 2026-09-29Eightcap
Eightcap Pty Ltd: Raw USD accounts: USD3.50/lot/side. Standard: from 1 pip; shares incur commission.
Compare accounts — currency-specific commission ↗ · 2026-09-29Where should you start?
Where should you start?
Start with your country of residence
This comparison lacks the verified information needed to identify a candidate.
Find candidates by residence →Entities included in the regulatory comparison
First read the legal company name in your account agreement. Open the matching entity below; if it is not listed, check the other entities on the detail page. No residence-to-entity assignment is inferred.
Other group entities are outside this table; see the company details. Licence counts describe evidence coverage, not safety or superiority.
FP Markets
Matched to regulator records
ASIC
Other entities and evidence →Eightcap
Matched to regulator records
ASIC
Other entities and evidence →Candidate criteria and open questions
Candidates have recorded active status, regulator verification, a licence number, source and check date. These are dated records, not a safety or account-opening guarantee. Display order follows your selection.
Comparable verified regulatory evidence in this comparison scope
Open items and verification notes
- FP Markets
Client-protection evidence is not yet recorded for a displayed legal entity. / A stored legal entity is not catalog-applicable to this website.
- Eightcap
Client-protection evidence is not yet recorded for a displayed legal entity. / A stored legal entity is not catalog-applicable to this website.
Check the evidence
A summary of the research covered here. Unconfirmed does not mean there is no issue.
Key differences at a glance
FP Markets
FP Markets research file- Entities compared
- 1
- Verified licence records in this comparison
- 1 of 1
- Open research issues
- 2
Eightcap
Eightcap research file- Entities compared
- 1
- Verified licence records in this comparison
- 1 of 1
- Open research issues
- 2
Comparison scope
Evidence currently in scope
This comparison includes only records currently in comparison scope. The full broker research file may contain additional entities, licences or evidence.
Key differences at a glance
Scan the decision-relevant recorded values, side by side. A difference is not a ranking.
0 of 5 differ
View definitions for these metrics
Side-by-side recorded values only. This summary does not score, rank or determine an evidence advantage.
- Verified licence records in this comparison
- Licences confirmed against a regulator register, out of the licences recorded in this scope.
- Entities compared
- Legal entities recorded for this broker inside the catalog-applicable comparison scope.
- Licence records with source links
- Licence rows that carry a stored regulator source URL in this comparison scope. This is not a document inventory.
- Client-protection evidence
- The canonical catalog-scope protection state, identical to the broker profile and the directory.
- Open research issues
- Distinct issue categories still open in this comparison. Each category counts once, not once per licence.
Rows where the recorded values are not identical carry a neutral marker. It shows that the files differ, not which value is preferable.
Open detailed differences and evidence
Differences first
This comparison covers recorded entities. Country eligibility is confirmed separately in Finder.
Evidence Snapshot
Legal entities
FP Markets
Eightcap
Entities compared
FP Markets
2 not in this comparison
Eightcap
3 not in this comparison
Last checked
FP Markets
Eightcap
Official website
Stored website URL. Not an open-account destination.
FP Markets
Eightcap
Entities & Regulation
Legal entities
Each licence stays attached to its legal entity.
FP Markets
1 entity
1 licence · 1 verified of 1 · ASIC
View entity detail
First Prudential Markets Pty Ltd
Australia · 16112600281
Catalog-applicable to this website
ASIC · 286354
Matched to regulator records · matched on ASIC current AFS extract 202609 as FIRST PRUDENTIAL MARKETS PTY LTD; start date 31/05/2005
ASIC register
Eightcap
1 entity
1 licence · 1 verified of 1 · ASIC
View entity detail
Eightcap Pty Ltd
Australia · 73139495944
Catalog-applicable to this website
ASIC · 391441
Matched to regulator records · listed on ASIC current AFS licensee extract; live Professional Registers Search UI was not opened
ASIC register
Open the complete comparison
| Compare brokers | FP Markets FP Markets research file | Eightcap Eightcap research file |
|---|---|---|
Evidence SnapshotCoverage counts currently in this comparison scope. | ||
| Legal entitiesDifferent | 3 recorded | 4 recorded |
| Entities comparedDifferent | 1 displayed 2 not in this comparison | 1 displayed 3 not in this comparison |
| Licence records | 1 recorded | 1 recorded |
| Verified licence records in this comparison | 1 of 1 recorded licences | 1 of 1 recorded licences |
| Unverified licence records | 0 unverified | 0 unverified |
| Licence records with source links | 1 source available | 1 source available |
| Protection records | Recorded for 0 of 1 entities | Recorded for 0 of 1 entities |
| Regulatory events | Not recorded in this file | Not recorded in this file |
| Last checkedDifferent | Sep 19, 2026 | Sep 12, 2026 |
| Open research issues |
|
|
| Research coverageThis describes FXVeritas research-file coverage. It is not a broker safety or quality rating. | Medium | Medium |
| Profile facts checked | — | — |
| Data coverage | Basic profile A legal entity is stored, but it is not catalog-applicable to this website. | Basic profile A legal entity is stored, but it is not catalog-applicable to this website. |
| Evidence limitations |
|
|
| Official websiteDifferentStored website URL. Not an open-account destination. | fpmarkets.com | eightcap.com |
Entities & RegulationLicences attach to legal entities, not marketing brands. | ||
| Legal entitiesDifferentEach licence stays attached to its legal entity. | 1 entity 1 licence · 1 verified of 1 · ASIC View entity detail
| 1 entity 1 licence · 1 verified of 1 · ASIC View entity detail
|
| Stored regulatory eventsAbsence of a stored event is not a finding. | Not in this file yet | Not in this file yet |
Client ProtectionClient-money facts are stored by legal entity. | ||
| Negative balance protection | Not recorded in this file | Not recorded in this file |
| Segregated client funds | Not recorded in this file | Not recorded in this file |
| Investor compensation | Not recorded in this file | Not recorded in this file |
Trading & PlatformsAdvertised account figures and recorded platforms on file. | ||
| Trading facts in this fileNeither file currently records these trading fields. | Not in this file yet | Not in this file yet |
Evidence Snapshot
Coverage counts currently in this comparison scope.
Legal entities
Different
Entities compared
DifferentLicence records
Verified licence records in this comparison
Unverified licence records
Licence records with source links
Protection records
Regulatory events
Last checked
DifferentOpen research issues
- Client-protection evidence is not yet recorded for a displayed legal entity.
- A stored legal entity is not catalog-applicable to this website.
- Client-protection evidence is not yet recorded for a displayed legal entity.
- A stored legal entity is not catalog-applicable to this website.
Research coverage
This describes FXVeritas research-file coverage. It is not a broker safety or quality rating.
Profile facts checked
Data coverage
A legal entity is stored, but it is not catalog-applicable to this website.
A legal entity is stored, but it is not catalog-applicable to this website.
Evidence limitations
- At least one stored legal entity is outside catalog applicability for this website.
- Some comparison issues remain unresolved. See the unresolved comparison issues above.
- At least one stored legal entity is outside catalog applicability for this website.
- Some comparison issues remain unresolved. See the unresolved comparison issues above.
Official website
DifferentStored website URL. Not an open-account destination.
Entities & Regulation
Licences attach to legal entities, not marketing brands.
Legal entities
DifferentEach licence stays attached to its legal entity.
1 entity
1 licence · 1 verified of 1 · ASIC
View entity detail
First Prudential Markets Pty Ltd
Australia · 16112600281
Catalog-applicable to this website
ASIC · 286354
Matched to regulator records · matched on ASIC current AFS extract 202609 as FIRST PRUDENTIAL MARKETS PTY LTD; start date 31/05/2005
ASIC register
1 entity
1 licence · 1 verified of 1 · ASIC
View entity detail
Eightcap Pty Ltd
Australia · 73139495944
Catalog-applicable to this website
ASIC · 391441
Matched to regulator records · listed on ASIC current AFS licensee extract; live Professional Registers Search UI was not opened
ASIC register
Stored regulatory events
Absence of a stored event is not a finding.
Client Protection
Client-money facts are stored by legal entity.
Negative balance protection
Segregated client funds
Investor compensation
Trading & Platforms
Advertised account figures and recorded platforms on file.
Trading facts in this file
Neither file currently records these trading fields.
Your next step
Check the contracting entity and current terms on the official website before applying. A website link does not confirm account approval.
Stored sources
Featured evidence and sources
Primary-source URLs already stored on licence, protection, mapping or event rows in this comparison scope. This is not a document inventory, and counts are not invented.
Research still outstanding
Evidence gaps and unresolved issues
These cards list open comparison issues in the current research files. They are research still outstanding — not findings against a broker.
More open research issues does not mean a broker is less safe.
Unresolved comparison issuesIssue types found in the current research file. Each issue counts once, not once per licence. Unresolved is not the same as adverse. These are issue categories, not licence counts. Catalog-applicable licence counts are listed separately below.
Missing coverageRows marked Not in this file yet in the table above are missing coverage, which is a different gap from an unresolved comparison issue.
FP Markets
2 unresolved comparison issues
- Client-protection evidence is not yet recorded for a displayed legal entity.
- A stored legal entity is not catalog-applicable to this website.
Eightcap
2 unresolved comparison issues
- Client-protection evidence is not yet recorded for a displayed legal entity.
- A stored legal entity is not catalog-applicable to this website.
Next research steps
Continue this research
View each broker research file or visit the official website. These links are for further research and are not an endorsement.
Open interactive comparisonThe interactive comparison remains a query tool and is not this indexable page.