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eightcap vs PGMarkets

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 2 of 3 trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
eightcap Forex
20/100 risk
🇦🇺 Australia
Read review →
PGMarkets Forex
29/100 risk
🇦🇺 Australia
Read review →
Safety & Trust
Scam-risk score lower = safer
20
29
Verdict
Low risk
Guarded
Regulated
Yes
Yes
Licenses
3
3
Tier-1 regulators
3
1
Trustpilot score
4.1
Reviews collected
3855
Exit risk lower = safer
Guarded
Known clones
10
2
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$100
$100
Max leverage
1:400
Min spread (best acct)
from 0
from 0.5
Commission
$3.5
Cost grade
AA
C
Account types
3
3
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 high leverage (1:400) on offshore entities, Beginners using small capital (CENT accounts), Experienced traders with large capital for ECN execution
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 strict top-tier regulation only, Those needing very low minimum deposits (below $100), Traders concerned about contradictory founding dates
Products & Funding
Instruments
800+
--
Deposit methods
MASTER, Neteller, VISA, BTC
--
Withdrawal
Neteller, Skrill, MASTER, BTC
--
Execution
Speed
AAA
B
Slippage
AAA
D
Swap cost
A
AA
Company
Founded
2017-09-07
2024-03-28
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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