Alpari vs Eightcap

If you are reading this article, you’re likely having trouble deciding whether Eightcap or Alpari is the better Forex trading platform for you. While both platforms generally provide positive user experiences, there are some essential differences to note.

In this Eightcap versus Alpari review, we outline the highlights of each trading platform to help you make a more informed decision. We evaluate:

FeatureAlpari (visit site)Eightcap (visit site)
Regulation :
Type of Broker:
Market MakerMarket Maker
U.S. Clients Allowed:
Minimum Deposit:
£100 or a currency equivalent$100
Maximum Leverage:
Commissions / Spreads:
Spreads, CommissionBoth
Account 1:
Account 2:
Account 3:
Account 4:
Demo Account:
Islamic Account:
Segregated Account:
Managed Accounts:
Institutional Accounts:
Website Languages:
  • imageEnglish
  • Other
  • imageEnglish
  • image Chinese
  • Other
Support Hours:
E-mail Support:
SMS Support:
Broker Offers:

Features and Platforms

Eightcap presents clients with the out-of-the-box MT4/MT5 trading platforms, upgraded with the Amazing Trader plugin. The latest addition of Capitalise AI offers a competitive edge, presently only available at four other brokers, and Eightcap connects accounts to the active TradingView community. Complementing it is excellent trade execution, ideal for automated trading solutions, in-house research, and education. Alpari offers the core MT4/MT5 but additionally deploys Alpari CopyTrade and more trading account choices. Active traders will benefit from the Alpari Cashback program and one of the best commission-based pricing environments.

Type of Platform:MT4, MT5MetaTrader 4, MetaTrader 5
Platform Languages:
  • imageEnglish
  • imageEnglish
OS Compatibility:
  • imageWindows
  • Mobile
  • Web
  • image iPhone
  • image iPad
  • imageWindows
  • Mobile
  • Web
  • image iPhone
  • image iPad
Trading Signals:
Charting Package:
Market Analysis:
Chart Trading:
Automated Trading:
Mobile Alerts:
Trailing Stops:
Guaranteed Stop Loss:
Guaranteed Limit Orders:
Guaranteed Execution:
One-click Execution:
Interest on Margin:
Web-based Trading:
Mobile Trading:

Available Markets

Australian-based Eightcap maintains 1,200+ assets, including 40+ currency pairs and 250+ cryptocurrency CFDs, making it one of the market leaders in this sector. Forex traders at Mauritius-based Alpari get 60 currency pairs, four cryptocurrency pairs, eight commodities, 22 index CFDs, and ten equity CFDs. Alpari notes direct stock trading on instruments listed on the New York Stock Exchange (NYSE) and the NASDAQ stock market. The homepage lists 250+ assets available for trading. Forex traders have more currency pairs at Alpari, while equity and cryptocurrency traders get more choices at Eightcap.

Binary Options:

Typical Spreads and Fees

The commission-free cost structure at Eightcap begins with a minimum spread of 1.0 pips or $10 per 1.0 standard lot. Alpari is more expensive at 1.2 pips or $12, so Eightcap clearly comes out ahead here. Eightcap and Alpari also maintain a commission-based alternative. The former grants raw spreads of 0.0 pips for a fee of $7 per round lot. The latter counters with 0.4 pips and $3.00, for a total of $7. It also maintains a volume-based rebate program, giving an edge to active traders. Swap rates on leveraged overnight trades and third-party withdrawal costs apply at both.

Security and Trust

The primary regulator of Eightcap is the Australian Securities & Investments Commission (ASIC). Additionally, Eightcap has regulatory oversight from the FCA in the UK, the CySEC in Cyprus, and the SBC in the Bahamas. Most international traders will deal with the unregulated but duly registered subsidiary in St. Vincent and the Grenadines. Alpari holds a license from the Mauritius Financial Services Commission (FSC)s. It is also a member of the Hong Kong-based Financial Commission, providing traders with an independent, international external dispute resolution (EDR) mechanism and an investor compensation fund of up to €20,000 per case. There is no doubt that Eightcap maintains a superior regulatory position.

Alpari vs Eightcap – Verdict

Eightcap continues to work on its trading conditions, and the addition of Capitalise AI provides a competitive edge only available at four other brokers. It offers traders a swift solution to automatize trading strategies using natural language and no coding. The core MT4/MT5 trading platforms are available and upgraded via the Amazing Trader plugin, and Eightcap connects to the active TradingView community. The order execution supports automated traders, the cost structure remains competitive, and quality in-house research exists alongside educational content. Alpari maintains a transparent trading environment, with Forex trading from the out-of-the-box MT4/MT5 trading platforms at its core. Active traders will benefit from the volume-based cashback program, while the commission-based trading costs remain the same as Eightcap. Overall, Eightcap is likely to be the superior choice for most traders.

You might also be interested in reviewing the below broker comparisons:

Read full Alpari Review
Read full Eightcap Review

Eightcap only lists 29 currency pairs, complemented by 150+ CFDs. Alpari shows 60 currency pairs and notes 250+ assets, of which less than 100 remain in the contract specifications.


How many Forex pairs and CFDs are available to trade?

Eightcap only lists 29 currency pairs, complemented by 150+ CFDs. Alpari shows 60 currency pairs and notes 250+ assets, of which less than 100 remain in the contract specifications.

Does Eightcap or Alpari offer lower pricing?

The commission-free cost structure is expensive at both, but Eightcap has an edge with a minimum mark-up of 1.0 pips versus 1.2 pips at Alpari. The commission-based alternative features identical costs of $7 per round lot, but Alpari has a rebate program.

Which is the more reliable broker?

Both brokers remain reliable choices, but Eightcap has a clear superiority in its regulatory position.

What are the minimum deposits for these brokers?

The minimum deposit at Eightcap and Alpari is $100, but the latter also has a micro account available from $5.

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