Head to head · Updated 9 July 2026
Eightcap vs Pepperstone: which one to choose (2026)?
By Roch de Montesquieu Our synthesis
The verdict of the duel
Pepperstone or Eightcap? Both are international brokers built for active trading and both reach Singapore traders cross-border, regulated by tier-one authorities such as the FCA, ASIC and CySEC rather than licensed by the MAS. Pepperstone is the execution specialist: spreads from 0.0 pips on the Razor account, no minimum deposit and the full platform line-up (MetaTrader 4 and 5, cTrader and TradingView). Eightcap plays the cost card: a commission-free Standard account, 800+ instruments including crypto CFDs, and a $100 minimum. Accounts are in US dollars, so budget for conversion from the Singapore dollar. On editorial preference, for traders who put execution and platform choice first, we lean Pepperstone.
your priority is the lowest possible cost, with a commission-free Standard account, 800+ instruments (including crypto CFDs) and an accessible $100 first deposit.
you trade actively and want the best execution: spreads from 0.0 pips on the Razor account, no minimum deposit and the choice of MT4, MT5, cTrader and TradingView.
Roch de Montesquieu · Research Analyst · Fees, Data, Transparency
Who it is for
Which one is right for you?
Eightcap
The trader who wants to control costs down to the pip
The long-term investor who wants direct stock ownership
Pepperstone
The trader who wants reduced currency-trading fees and order automation
The long-term investor who wants direct stock ownership
The pillar duel
Criterion by criterion
The sub-scores from our two review pages, face to face.
Face to face
The essentials, side by side
Data pulled from our two review pages, verified on 9 July 2026.
| Eightcap |  | |
|---|---|---|
| HelloBrokers score | 4.9 | 4.3 |
| Minimum deposit | $100 | $0 |
| Regulation | CySEC · ASIC | FCA · ASIC · CySEC · BaFin · DFSA · SCB · CMA |
| Fees | Raw account: $3.5/lot, $7 round turn (0-pip spread). Standard account: commission-free, wider spreads. Stocks on the Raw account: $0.02/share, $4 minimum. | Razor account: $3.50 per lot per side ($7 round turn) on MetaTrader and TradingView, $3.00 per side on cTrader. Standard account: commission-free, wider spreads. |
| Withdrawal fees | Free within 24 h (bank transfer, cards, e-wallets, crypto) | Free, processed within one business day (cards, bank transfer, PayPal) |
| Demo account | Unlimited, $50,000 of virtual capital | Free, $50,000 in virtual funds (non-expiring on cTrader and TradingView) |
| Leverage | Up to 1:30 (Forex, ESMA retail) | Up to 1:30 (Forex, ESMA retail) |
| Copy trading | Via TradingView (public signals), no proprietary service | cTrader Copy, DupliTrade, Myfxbook AutoTrade |
| Islamic account | Yes, on request after validation | Yes, swap-free on request |
| Mobile apps | iOS and Android apps for MT4, MT5 and TradingView | iOS and Android apps for MT4, MT5, cTrader and TradingView |
| Founded · HQ | 2009 · Melbourne, Australia | 2010 · Melbourne, Australia |
| Trustpilot | 4.0 / 5 (3,100+) | 4.5 / 5 (4,100+) |
| Best for | The trader who wants to control costs down to the pip | The trader who wants reduced currency-trading fees and order automation |
Safety & regulation
Safety, face to face
| Eightcap | | |
|---|---|---|
| Operating entity | International broker: Singapore traders are served cross-border through Eightcap's international entities, not a local Singapore entity; not licensed by MAS in Singapore | International broker: Singapore traders are served cross-border through Pepperstone's international entities, not a local Singapore entity; not licensed by MAS in Singapore |
| Fund segregation | Segregated accounts at tier-1 banks | Segregated client accounts at tier-1 banks |
| Negative balance protection | Yes (under the applicable retail regulatory framework) | Yes (under the applicable retail regulatory framework) |
| Two-factor authentication | 2FA available on all accounts | 2FA available on the secure client area |
| Licence | Not licensed by the Monetary Authority of Singapore (MAS). Eightcap serves Singapore clients cross-border and is regulated in several jurisdictions including ASIC (Australia), the FCA (UK) and CySEC. | Not licensed by the Monetary Authority of Singapore (MAS). Pepperstone serves Singapore clients cross-border and is regulated in several jurisdictions including the FCA (UK) and ASIC (Australia). |
What users say
What their clients say
Highlights from the public reviews gathered on our two pages.
Eightcap
★ 4.0 / 5 TrustpilotPepperstone
★ 4.5 / 5 TrustpilotStrengths
What each does best
Eightcap
- Spreads from 0.0 pip on the Raw account (among the 3 cheapest pricing grids in Europe)
- No inactivity fees, rare in the sector
- 800+ instruments: Forex, stocks, indices, commodities, 100+ crypto
- Native platforms: MT4, MT5, TradingView (with integrated copy trading)
- Automated trading via Expert Advisors and the MQL5 API
Pepperstone
- Spreads from 0.0 pip on the Razor account: one of the most competitive currency-trading grids in the world
- No minimum deposit to open an account ($200 recommended as a comfortable start)
- 1,200+ instruments: Forex, share derivatives, indices, commodities, 100+ ETFs, crypto
- Four platforms to choose from: MT4, MT5, cTrader, TradingView, plus an in-house mobile app
- Full order automation: Expert Advisors, cTrader Automate, Capitalise.ai, free VPS for active traders
Capabilities
What each broker offers
Eightcap
- Cash stocks / securities account
- Forex, index and commodity trading
- Cryptocurrencies
- MetaTrader 4 & 5
- TradingView integration
- Demo account
- No inactivity fee
- Copy trading
Pepperstone
- Cash stocks / securities account
- Forex, indices, commodities trading
- Cryptocurrencies
- MetaTrader 4 & 5
- cTrader & TradingView
- Demo account
- No inactivity fee
- Copy trading
- Automated trading
Go further
Sponsored links. Trading leveraged products carries a risk of capital loss.
Frequently asked questions
Your questions about Eightcap and Pepperstone
Is Eightcap reliable?
Yes, Eightcap is a trusted platform, regulated by CySEC (European Union), ASIC (Australia) and the FCA (United Kingdom) since 2009. Trustpilot shows 4.0/5 across more than 3,100 reviews.
Why choose Eightcap?
Eightcap combines performance and flexibility with MetaTrader 4, MetaTrader 5 and TradingView, for traders of every level.
What are the fees at Eightcap?
Raw account: spreads from 0 pip with $3.5 per lot ($7 round turn). Standard: wider spreads, commission-free. No inactivity or withdrawal fees.
Who is Eightcap for?
Every profile: beginners benefit from an unlimited demo account ($50,000 virtual); experienced traders find the MT5, TradingView and MQL5 API tools.
Is it easy to withdraw from Eightcap?
Yes, withdrawals are processed within 24 hours via transfer, cards, e-wallets or crypto. No withdrawal fees.
Is Pepperstone reliable?
Yes, Pepperstone is a trusted platform, regulated by the FCA (United Kingdom), ASIC (Australia) and CySEC (European Union) since 2010, plus BaFin, the DFSA, the SCB and the CMA. Trustpilot shows 4.5/5 across more than 4,100 reviews.
Why choose Pepperstone?
Pepperstone combines reduced currency-trading fees, execution of around 30 ms and full order automation on MetaTrader 4, MetaTrader 5, cTrader and TradingView, for traders of every level.
What are the fees at Pepperstone?
Razor account: spreads from 0 pip with $3.50 per lot per side ($7 round turn). Standard: spreads from 1 pip, commission-free. No minimum deposit, no inactivity or withdrawal fees.
Who is Pepperstone for?
Every profile: beginners start with no minimum deposit and a free $50,000 demo; experienced traders plug Expert Advisors, cTrader Automate and Capitalise.ai into award-winning execution.
Is it easy to withdraw from Pepperstone?
Yes, withdrawals are free and processed within one business day via card, bank transfer or PayPal.
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