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DECODE vs eightcap

Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.

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Safer pick eightcap leads on safety — winning 4 of 6 trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
DECODE Forex
8/100 risk
🇦🇺 Australia
Read review →
eightcap Forex
20/100 risk
🇦🇺 Australia
Read review →
Safety & Trust
Scam-risk score lower = safer
8
20
Verdict
Low risk
Low risk
Regulated
Yes
Yes
Licenses
2
3
Tier-1 regulators
1
3
Trustpilot score
4
4.1
Reviews collected
54
3855
Exit risk lower = safer
Guarded
Known clones
1
10
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$100
Max leverage
Min spread (best acct)
from 0
from 0
Commission
$7
$3.5
Cost grade
AA
Account types
2
3
Best for
Suits
Traders seeking ASIC-regulated broker, Clients looking for MT4/MT5 platforms, Traders who want high leverage up to 1:500
Traders who value low spreads and fast execution on MT4/MT5, Experienced traders comfortable with multiple regulatory jurisdictions, Those who prioritize a wide range of instruments (800+)
Not for
Traders needing strict European regulation (e.g., ESMA), Traders wanting dedicated mobile app beyond MetaTrader, Traders requiring negative balance protection
Traders who require rapid, reliable customer support, Those who are sensitive to withdrawal delays or disputes, Traders considering the Eightcap Challenge prop firm
Products & Funding
Instruments
--
800+
Deposit methods
USDT
MASTER, Neteller, VISA, BTC
Withdrawal
USDT
Neteller, Skrill, MASTER, BTC
Execution
Speed
AAA
Slippage
AAA
Swap cost
A
Company
Founded
2021-06-30
2017-09-07
Headquarters
🇦🇺 Australia
🇦🇺 Australia
Employees
0
0

✓ = stronger value on that row · good · caution · weak · "—" = not yet collected. Independent scoring, never for sale.

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