Side-by-side regulation, licences, protection facts and source coverage.
Australia · ASIC
Only the selected country and entities. Not account approval or a safety rating.
What will you pay for?
AU · Eightcap Pty Ltd
Raw USD accounts: USD3.50/lot/side. Standard: from 1 pip; shares incur commission.
Public documents for the named entity/account. Confirm residence acceptance when applying.
AU · First Prudential Markets Pty Ltd
Raw: AUD3.50/lot/side, from 0 pips. Standard: zero commission, from 1 pip.
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 ↗ · 2026-09-29Which tools can you use?
AU · Eightcap Pty Ltd
MT4, MT5 and TradingView.
Public documents for the named entity/account. Confirm residence acceptance when applying.
AU · First Prudential Markets Pty Ltd
MT4/MT5/cTrader; TradingView is listed for Raw.
Australian entity disclosures; check account/product applicability.
Who is covered, and how?
AU · Eightcap Pty Ltd
PDS provides negative balance protection, with a cross-account netting clause.
Public documents for the named entity/account. Confirm residence acceptance when applying.
Confirm the PDS version used for the application.
PDS — section 6.3 ↗ · 2026-09-29AU · First Prudential Markets Pty Ltd
Current Australian-entity FAQ states retail negative balance protection.
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 ↗ · 2026-09-30Swipe horizontally to compare the same field.
| Costs | EightcapAU · Eightcap Pty LtdSources and caveats ↗ · 2026-09-29 | FP MarketsAU · First Prudential Markets Pty LtdSources and caveats ↗ · 2026-09-29 |
|---|---|---|
| Published minimum spread | Standard1 pip Pair unspecified | Raw0 pips Pair unspecified Standard1 pip Pair unspecified |
| Trading commission | Raw · USDUSD3.50 per lot / side | RawAUD3.50 per lot / side Standard0 |
| 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.
Eightcap Pty Ltd: Raw USD accounts: USD3.50/lot/side. Standard: from 1 pip; shares incur commission.
Compare accounts — currency-specific commission ↗ · 2026-09-29First 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 ↗ · 2026-09-29Include the Raw USD commission per side when comparing with Standard. Read official source ↗
Confirm current application terms and currency/platform charges. Read official source ↗
Before comparing Raw and Standard, match commission currency and side/round-trip basis. Read official source ↗
1 slot open
2 brokers in this comparison
Only evidence for the selected country and entity. Unrecorded does not mean absent.
Eightcap
Eightcap Pty Ltd
FP Markets
First Prudential Markets Pty Ltd
Eightcap
Unconfirmed in this scope
FP Markets
Official retail terms, PDS and TMD links; account terms dated 2021.
Source ↗ · 2026-09-29Eightcap
Eightcap Pty Ltd: Raw USD accounts: USD3.50/lot/side. Standard: from 1 pip; shares incur commission.
Source ↗ · 2026-09-29FP 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.
Source ↗ · 2026-09-29Eightcap
Eightcap Pty Ltd: PDS provides negative balance protection, with a cross-account netting clause.
Confirm the PDS version used for the application.
Source ↗ · 2026-09-29FP Markets
First Prudential Markets Pty Ltd: Current Australian-entity FAQ states retail negative balance protection.
Provider disclosure supplements the saved 2021 terms. It does not confirm the agreement used at application, Pro/other-entity coverage or insolvency compensation.
Source ↗ · 2026-09-30Eightcap
Eightcap Pty Ltd: MT4, MT5 and TradingView.
Source ↗ · 2026-09-29FP Markets
First Prudential Markets Pty Ltd: MT4/MT5/cTrader; TradingView is listed for Raw.
Source ↗ · 2026-09-29Eightcap
Include the Raw USD commission per side when comparing with Standard.
Source ↗ · 2026-09-29FP Markets
Confirm current application terms and currency/platform charges.
Source ↗ · 2026-09-29Before comparing Raw and Standard, match commission currency and side/round-trip basis.
Source ↗ · 2026-09-29Eightcap Pty Ltd
ASIC · 391441
Matched to regulator records · Status wording: see source
This does not establish resident eligibility. Check the contracting entity and access conditions separately.
Public entity/licence records grouped by the regulator’s country.
Authority source · Consulted: 2026-09-12
First Prudential Markets Pty Ltd
ASIC · 286354
Matched to regulator records · Status wording: see source
This does not establish resident eligibility. Check the contracting entity and access conditions separately.
Application-condition research. Approval and account opening are not guaranteed.
Official retail terms, PDS and TMD links; account terms dated 2021.
The Australian document list names First Prudential Markets Pty Ltd. Clause 1.4 requires acceptance of the application. Confirm the version used for a current application.
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.
Read official source ↗ · 2026-09-29MT4/MT5/cTrader; TradingView is listed for Raw.
Read official source ↗ · 2026-09-29Current Australian-entity FAQ states retail negative balance protection.
Provider disclosure supplements the saved 2021 terms. It does not confirm the agreement used at application, Pro/other-entity coverage or insolvency compensation.
Read official source ↗ · 2026-09-30Your next check: Confirm current application terms and currency/platform charges.
Read official source ↗FP Markets — Retail Client Account Terms (2021) · Source checked:
Public entity/licence records grouped by the regulator’s country.
Authority source · Consulted: 2026-09-19
This catalog comparison is not limited to the selected country or entities. Do not apply another entity’s protections to the entities above.
This comparison covers recorded entities. Country eligibility is confirmed separately in Finder.
3 not catalog-applicable
2 not catalog-applicable
Stored website URL. Not an open-account destination.
Each licence stays attached to its legal entity.
1 entity
1 licence · 1 verified of 1 · ASIC
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 register1 entity
1 licence · 1 verified of 1 · ASIC
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| Compare brokers | 1 verified of 12 unresolved | 1 verified of 12 unresolved |
|---|---|---|
Evidence SnapshotCatalog-applicable coverage counts currently recorded for each file. | ||
| Recorded legal entitiesDifferent | 4 recorded | 3 recorded |
| Catalog-applicable entitiesDifferent | 1 displayed 3 not catalog-applicable | 1 displayed 2 not catalog-applicable |
| Recorded licencesSame recorded value | 1 recorded | 1 recorded |
| Verified catalog licencesSame recorded value | 1 of 1 recorded licences | 1 of 1 recorded licences |
| Unverified catalog licencesSame recorded value | 0 unverified | 0 unverified |
| Primary regulator sourcesSame recorded value | 1 source available | 1 source available |
| Protection recordsSame recorded value | Recorded for 0 of 1 entities | Recorded for 0 of 1 entities |
| Regulatory eventsSame recorded value | Not recorded in this file | Not recorded in this file |
| Evidence freshnessDifferent | Sep 12, 2026 | Sep 19, 2026 |
| Unresolved comparison issuesSame recorded value |
|
|
| Research confidenceSame recorded valueFile completeness / evidence coverage. Not a safety rating. | Medium | Medium |
| Profile facts checkedSame recorded value | — | — |
| Data coverageSame recorded value | 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 limitationsSame recorded value |
|
|
| Official websiteDifferentStored website URL. Not an open-account destination. | eightcap.com | fpmarkets.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 protectionSame recorded value | Not recorded in this file | Not recorded in this file |
| Segregated client fundsSame recorded value | Not recorded in this file | Not recorded in this file |
| Investor compensationSame recorded value | Not recorded in this file | Not recorded in this file |
Trading & PlatformsAdvertised account figures and recorded platforms on file. | ||
| Execution modelSame recorded valueNot recorded as a separate field in this file. | Not in this file yet | Not in this file yet |
| Advertised spreadSame recorded value | Not in this file yet | Not in this file yet |
| CommissionSame recorded value | Not in this file yet | Not in this file yet |
| LeverageSame recorded value | Not in this file yet | Not in this file yet |
| Minimum depositSame recorded value | Not in this file yet | Not in this file yet |
| Instrument coverageSame recorded value | Not in this file yet | Not in this file yet |
| PlatformsSame recorded value | Not in this file yet | Not in this file yet |
| Account typesSame recorded value | Not in this file yet | Not in this file yet |
| Base currenciesSame recorded value | Not in this file yet | Not in this file yet |
Catalog-applicable coverage counts currently recorded for each file.
Recorded legal entities
DifferentCatalog-applicable entities
DifferentRecorded licences
Same recorded valueVerified catalog licences
Same recorded valueUnverified catalog licences
Same recorded valuePrimary regulator sources
Same recorded valueProtection records
Same recorded valueRegulatory events
Same recorded valueEvidence freshness
DifferentUnresolved comparison issues
Same recorded valueResearch confidence
Same recorded valueFile completeness / evidence coverage. Not a safety rating.
Profile facts checked
Same recorded valueData coverage
Same recorded valueA 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
Same recorded valueOfficial website
DifferentStored website URL. Not an open-account destination.
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
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 register1 entity
1 licence · 1 verified of 1 · ASIC
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 registerStored regulatory events
Absence of a stored event is not a finding.
Client-money facts are stored by legal entity.
Negative balance protection
Same recorded valueSegregated client funds
Same recorded valueInvestor compensation
Same recorded valueAdvertised account figures and recorded platforms on file.
Execution model
Same recorded valueNot recorded as a separate field in this file.
Advertised spread
Same recorded valueCommission
Same recorded valueLeverage
Same recorded valueMinimum deposit
Same recorded valueInstrument coverage
Same recorded valuePlatforms
Same recorded valueAccount types
Same recorded valueBase currencies
Same recorded valueCheck the contracting entity and current terms on the official website before applying. A website link does not confirm account approval.
Category-level differences drawn from the evidence recorded in this comparison. A category is held by one broker or by none, and the page never adds them into an overall result.
More recently checked evidence
FP Markets
FP Markets carries the most recent evidence timestamp in this scope.
These are category-level recorded differences, not overall ratings.
For more recently checked evidence
FP Markets
This file currently carries the most recent evidence timestamp in the current scope.
See related evidenceOur view is based on catalog-applicable evidence only.
Always review the full research files and official sources.
1 of 7 differ
Legal entities recorded
Same recorded valueVerified catalog licences
Same recorded valueLicence records with source links
Same recorded valueUnresolved comparison issues
Same recorded valueClient-protection evidence
Same recorded valueResearch confidence
Same recorded valueLast verified (current scope)
DifferentSide-by-side recorded values only. This summary does not score, rank or determine an evidence advantage.
Rows where the recorded values are not identical carry a neutral marker. It shows that the files differ, not which value is preferable.
Research still outstanding
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.
Eightcap
2 unresolved comparison issues
FP Markets
2 unresolved comparison issues
Jump to a chapter of the audit record below. Every section is rendered in full on this page.
Blue = verified record · Orange = unresolved / incomplete research · Gray = not in file / not monitored / not applicable · Colors indicate evidence status, not broker safety.
Eightcap
1 legal entity in scope and 1 of 1 licence verified. Client-protection evidence is not recorded in this scope.
FP Markets
1 legal entity in scope and 1 of 1 licence verified. Client-protection evidence is not recorded in this scope.
