eightcap vs Switch Markets
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 3 of 4
trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
Safety & Trust
Scam-risk scoreⓘ lower = safer
✓20
75
Verdict
Low risk
Severe
Regulatedⓘ
Yes
No
Licenses
✓3
0
Tier-1 regulatorsⓘ
✓3
0
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
✓$50
Max leverage
—
1:1000
Min spread (best acct)
from 0
from 0
Commission
$3.5
✓$0
Cost grade
AA
—
Account types
✓3
2
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 up to 1:1000, Traders interested in trading SpaceX CFDs, Users who prefer MT4/MT5 platforms
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 regulatory protection from a top-tier regulator, Risk-averse investors, Traders from jurisdictions with strict forex regulations
Products & Funding
Instruments
800+
Currency Pairs, Indices CFDs, Shares & ETFS CFD, Digital Currencies, Commodities
Deposit methods
MASTER, Neteller, VISA, BTC
Neteller, VISA, MASTER, Skrill
Withdrawal
Neteller, Skrill, MASTER, BTC
VISA, Neteller, Skrill, MASTER
Execution
Speed
AAA
—
Slippage
AAA
—
Swap cost
A
—
Company
Founded
2017-09-07
2020-11-23
Headquarters
🇦🇺 Australia
🇦🇺 Australia
Employees
0
0
✓ = stronger value on that row · ● good · ● caution · ● weak · "—" = not yet collected. Independent scoring, never for sale.