FBS vs Eightcap: Our In-Depth Analysis for 2024

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FBS and Eightcap are Forex and CFD brokers offering online trading services to traders and investors worldwide. Both brokers are regulated by top-tier regulatory authorities. FBS is regulated by two tier-1 jurisdictions and one tier-4 jurisdictions, including ASIC , FSC , CySEC.  On the other hand, Eightcap is regulated by three tier-1 jurisdictions and one tier-4 jurisdictions including  ASIC ,FCA , CySEC , SCB. These two brokers offer almost similar services. However, each broker has its own strengths and weaknesses.

In this article, we will compare FBS with Eightcap regarding trading platforms, regulations, tradable assets, fees, customer support, and overall trading experience score. We will also explore if FBS is better than Eightcap and vice versa. This comparison lets you understand which broker is better for your trading style and preferences.

FBS vs Eightcap: In a Nutshell

FBS

Established in 2009, FBS is one of the leading forex and CFD brokers, offering online trading services worldwide. It is a global brand with headquarters in Belize and regional offices in Cyprus and the Marshall Islands. FBS provides opportunities for trading forex, stocks, metals, energies, and indices. It has about 17 million clients and over 60 prestigious awards for excellent services. FBS.eu offers low spreads and split-second executions without requotes. FBS is one of the highest leverage forex brokers, with leverage up to 1:3000 for its global clients. The broker’s spreads start from 0.7 pips. To know more, you can read our review on FBS.

FBS Overview

FBS Overview
  • Founded In: 2009
  • Founder:  Satthakarn Chuenkomol
  • Headquarters: Belize City, Belize
  • Minimum Deposit: $5
  • Maximum Leverage: 1:3000
  • Regulations: ASIC, FSC, CySEC  
  • Trading platform: MT4, MT5, Webtrader
  • Account Types: Standard, Cent, Pro
  • Payment Options: VISA, MasterCard, Local Exchangers, Neteller, PerfectMoney, Skrill, SticPay
  • US Traders: Not Accepted

Eightcap

Founded in 2009, Eightcap is an Australian-based forex and CFD broker that offers online trading services worldwide. The broker is regulated by top-tier regulatory bodies, including ASIC, FCA, CySEC, SCB, and FSASVG. It allows the trading of over 800 instruments, including forex, shares, commodities, indices, and cryptocurrencies. Eightcap offers popular trading platforms and tools like MT4, MT5, TradingView, WebTrader, an AI-powered economic calendar, Capitalise.ai, and Flash Trader for smart trading. The broker also provides daily trade ideas, professional trading insights, and code-free automation. To learn more, you may read our review of Eightcap

Eightcap Overview

Eightcap Overview
  • Founded Year: 2009
  • Founder: Joel Murphy
  • Headquarters: The Rialto, South Tower, Level 35/525 Collins St, Melbourne VIC 3000, Australia
  • Minimum Deposit: $100
  • Maximum Leverage: 1:500
  • Regulations: ASIC, FCA, CySEC, SCB, and FSASVG
  • Trading platform: MT4, MT5, TradingView, Webtrader
  • Account Types: Standard, Raw, Tradingview
  • Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, BPAY, Neteller, PayPal, Poli, Skrill, UnionPay, XPAY
  • US Clients: Not Accepted

FBS vs : Eightcap Features

FBS:

  • Trading Instruments: Forex, Stock, Indices, Crypto, Metals, Energies, Forex Exotic.
  • Maximum leverage: 1:3000
  • Minimum Deposit: $5
  • Account Types: Three ( Standard, Cent, Pro) 
  • Trading Fees: Spread starting from 1 pip for Standard Account and Cent Account
  • PAMM/ MAM: Not available 
  • Scalping: Allowed 
  • News Trading: Allowed
  • EA/ Robot Trading: Allowed

Eightcap:

  • Trading Instruments: 1000+ including  Forex, Crypto CFDs, Indices CFDs, Commodities CFDs, Stocks CFDs, 
  • Maximum leverage: up to 500:1 for SCB regulation, and 30:1 for ASIC, CySEC, and FCA Jurisdiction.  
  •  Minimum Deposit: $100 or Equivalent
  • Account Types: Three Types of Accounts including Raw Account, Standard Account, Trading View Account 
  • Fees: about $3.5 per lot on each side for the raw account, 1 pip spread for the standard account, 1 pip spread for the Tradingview account 
  • PAMM/ MAM:  Available 
  • Scalping: Allowed 
  • News Trading: Allowed
  • EA/ Robot Trading: Allowed

FBS vs Eightcap: Pros and Cons

FBS

Pros
  • Regulated by the CySEC, ASIC, FSCA South Africa, and FSC Belize.
  • The Maximum Leverage is as high as 1:3000
  • The Minimum deposit is $5 
  • Trading is on the MT4, MT5, and FBS trader platforms.
  • There is an account type to suit newbies, experienced, and pro traders.
  • Low spreads, high leverage, and fast order executions
  • Easy and fast account opening
  • Forex Guidebook, Forex Intensive, trading ideas, webinars, and other training resources are provided.
Cons
  • Tradable assets are not much, especially when compared to other top brokers.
  • Daily Market news and analysis on FBS.eu are not regularly updated.
  • No premium trading tools to assist traders.
  • No investor protection for non-EU Clients 
  • Managed Accounts & Social Trading is unavailable 
  • Few Account Base Currencies

Eightcap

Pros
  • Regulated by ASIC, FCA, VFSA 
  • The Maximum Leverage is as high as 1:500
  • Offers passive investment programme(MAM, PAMM accounts) 
  • No Deposit/Withdrawal Fees
  • Easy To Open An Account
  • Scalping and EA Trading are allowed 
  • 100+ Crypto CFDs available
Cons
  • Minimum deposit is $100
  • No Investor Protection for non-EU Clients
  • The Broker is not regulated by FCA UK 
  • Conditions and trading costs vary according to the entity
  • Hedging is not allowed with the ASIC entity
  • No joint accounts, copy trading, referral program, or other options for passive income

FBS vs Eightcap: Side-by-Side Comparison

FBS
Eightcap
Product
Product
FBS
Eightcap
Founded In
Founded In
2009
2009
Founded By
Founded By
Satthakarn Chuenkomol
Alex Howard
Headquarters
Headquarters
Belize city, Belize
Melbourne, Australia
Regulations
Regulations
FSC, Cysec, ASIC
ASIC,FCA, CySEC, SCB
Min Deposit
Min Deposit
5$ ($5 for global Clients, $10 for EU Clients)
$100
Max Leverage
Max Leverage
1:3000
1:1000
Tradable Assets
Tradable Assets
Forex, stocks, indices, metals, and energies.
Forex,Commodities,Indices,Shares,Crypto
Fees
Fees
Spread from 0.7 pips
Spread from 0 pips
Platforms and Tools
Platforms and Tools
MT4, MT5, Webtrader, Meta Tader Multiterminal, VPS, Economic Calendar
MT4, MT5, TradingView, Webtrade
US Traders
US Traders
Not Allowed
Not Allowed

FBS Vs Eightcap: Our Scores and Ratings

We rated both brokers, FBS and Eightcap, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.

FBS :

8.8
Total Score
Regulation and Security (40%)9.6
Fees and Commissions (20%)9.4
Trading (15%)8
Trading tools (10%)5
Customer Support (10%)9.5
Trading Education (5%)9.5

Eightcap

9
Total Score
Regulation and Security (40%)9.6
Fees and Commissions (20%)9
Trading (15%)8.5
Trading tools (10%)8.6
Customer Support (10%)9
Trading Education (5%)7.2

FBS vs Eightcap: Which One is better?

Now the question comes: is FBS better than Eightcap, or vice versa? The answer depends on traders’ and investors’ trading styles and preferences. Both FBS and Eightcap offer similar trading services worldwide. However, there are differences in their features,  regulations, reputation, and operations. Here are the key facts about both brokers. By reviewing these options, you can clearly understand which broker is right for your trading goals

FBS:

  • FBS is a Forex and CFD broker regulated by ASIC, CySEC, and FSC in Belize
  • The minimum deposit is $5 (Global), €10 (or equivalent in $) for EU cent accounts, €100 (or equivalent in $) for EU Standard account 
  • Maximum leverage 1:3000 (Global), 1:30 (for EU retail clients), 1:500 (for professional accounts)
  • Offers a variety of trading platforms including MT4, MT5, Webtrader, and FBS traders. 
  • The trading fee: Floating spread from 0.7 pips(global), and 1 pips for EU traders. 
  • FBS does not accept US clients

Eightcap:

  • Eightcap  is a regulated forex broker
  • The minimum deposit is $100
  • Maximum leverage is as high as 1:500
  • Offers a variety of trading platforms and tools including MT4, MT5, Webtrader, TradingView, Capitalise.ai, FlashTrader, AI-Powered Economic Calendar
  • The trading fee: spreads starting from 0.0 pips. ( 1 pip for Standard and TradingView account, Commission.5 each side per lot)
  • Eightcap does not accept US Clients

Our score for FBS is 8.8, and for Eightcap it is 9.

Written by

Jason Paine is a forex trader, researcher, and tech enthusiast. He is passionate about financial markets and cutting-edge technology. With a dynamic 16-year trading career, he's on a mission to guide fellow traders. Having navigated diverse forex brokers, Jason shares his insights at Brokersway to bridge the gap between traders and the right brokerage.

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