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eightcap vs JFM

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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eightcap Forex
20/100 risk
🇦🇺 Australia
Read review →
JFM Forex
19/100 risk
🇦🇺 Australia
Read review →
Safety & Trust
Scam-risk score lower = safer
20
19
Verdict
Low risk
Low risk
Regulated
Yes
Yes
Licenses
3
1
Tier-1 regulators
3
1
Trustpilot score
4.1
Reviews collected
3855
Exit risk lower = safer
Guarded
Known clones
10
0
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$100
Max leverage
Min spread (best acct)
from 0
Commission
$3.5
Cost grade
AA
Account types
3
0
Best for
Suits
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+)
Traders seeking an ASIC-regulated broker with a low scam risk score, Clients who prioritise regulatory oversight and client fund segregation
Not for
Traders who require rapid, reliable customer support, Those who are sensitive to withdrawal delays or disputes, Traders considering the Eightcap Challenge prop firm
Traders requiring transparent, publicly available trading conditions before account opening, Those looking for high leverage options beyond ASIC limits
Products & Funding
Instruments
800+
Deposit methods
MASTER, Neteller, VISA, BTC
Withdrawal
Neteller, Skrill, MASTER, BTC
Execution
Speed
AAA
Slippage
AAA
Swap cost
A
Company
Founded
2017-09-07
2017-12-20
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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