Alpari vs Eightcap Comparison

If you’re finding it difficult to choose between Alpari and Eightcap, you’re not alone. Both brokers offer strong platforms and generally deliver positive user experiences — but there are key differences that could impact your trading journey. In this in-depth comparison of Alpari and Eightcap, we highlight the strengths of each broker to help you make a well-informed decision that suits your trading needs and goals.

Features and Platforms

Eightcap presents clients with the out-of-the-box MT4/MT5 trading platforms, upgraded with the Amazing Trader plugin. The latest addition of Capitalise AI offers a competitive edge, presently only available at four other brokers, and Eightcap connects accounts to the active TradingView community. Complementing it is excellent trade execution, ideal for automated trading solutions, in-house research, and education. Alpari offers the core MT4/MT5 but additionally deploys Alpari CopyTrade and more trading account choices

Available Markets

Australian-based Eightcap maintains a choice of over 800 assets, including 55 currency pairs and 122 cryptocurrency pairs CFDs, making it one of the market leaders in this sector. Forex traders at Mauritius-based Alpari get 60 currency pairs, four cryptocurrency pairs, eight commodities, 22 index CFDs, and ten equity CFDs. Alpari notes direct stock trading on instruments listed on the New York Stock Exchange (NYSE) and the NASDAQ stock market.

Typical Spreads and Fees

The commission-free cost structure at Eightcap begins with a minimum spread of 1.0 pips or $10 per 1.0 standard lot. Alpari is more expensive at 1.2 pips or $12, so Eightcap clearly comes out ahead here. Eightcap and Alpari also maintain a commission-based alternative. The former grants raw spreads of 0.0 pips for a fee of $7 per round lot. The latter counters with 0.4 pips and $3.00, for a total of $7. 

Security and Trust

The primary regulator of Eightcap is the Australian Securities & Investments Commission (ASIC). Additionally, Eightcap has regulatory oversight from the FCA in the UK, the CySEC in Cyprus, and the SBC in the Bahamas. Most international traders will deal with the unregulated but duly registered subsidiary in St. Vincent and the Grenadines. Alpari holds a license from the Mauritius Financial Services Commission (FSC)s. It is also a member of the Hong Kong-based Financial Commission, providing traders with an independent, international external dispute resolution (EDR) mechanism and an investor compensation fund of up to €20,000 per case. There is no doubt that Eightcap maintains a superior regulatory position.

Alpari vs Eightcap – Verdict

Eightcap continues to work on its trading conditions, and the addition of Capitalise AI provides a competitive edge only available at four other brokers. It offers traders a swift solution to automatize trading strategies using natural language and no coding. The core MT4/MT5 trading platforms are available and upgraded via the Amazing Trader plugin, and Eightcap connects to the active TradingView community. The order execution supports automated traders, the cost structure remains competitive, and quality in-house research exists alongside educational content. Alpari maintains a transparent trading environment, with Forex trading from the out-of-the-box MT4/MT5 trading platforms at its core. Active traders will benefit from the volume-based cashback program, while the commission-based trading costs remain the same as Eightcap. Overall, Eightcap is likely to be the superior choice for most traders.