eightcap vs Propex24
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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Safety & Trust
Scam-risk scoreⓘ lower = safer
20
✓13
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+)
Australian traders seeking ASIC-regulated access to futures and multi-asset derivatives, Traders who value integration with professional platforms like Saxo, CQG, and Hawkeye Analytics, Those looking for a low-risk, regulated broker with a demo account to test strategies
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 wanting high leverage or cryptocurrency trading, Complete beginners without knowledge of futures or CFDs, Traders seeking ultra-low spreads or direct market maker pricing
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
2020-08-21
Headquarters
🇦🇺 Australia
🇦🇺 Australia
Employees
0
0
✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.