Comparison of Eightcap and Global Prime
| Feature | Eightcap | Global Prime |
|---|---|---|
| Broker | ||
| Year Founded | 2009 | 2010 |
| Broker Type | ECN | ECN |
| Dealing | A-book | A-book |
| Execution | Market | Market |
| Regulation | ASIC, SCB, CySEC, FCA, SFSA | ASIC, VFSC |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView |
| Spread | ⬊ Low | ⬊ Low |
| Maximum Leverage | 1:500 | 1:500 |
| Minimum Deposit | $100 | $1 |
| Base Currencies | AUD, USD, EUR, GBP, NZD, CAD, SGD | USD, AUD, GBP, EUR, CAD, SGD, JPY |
| Funding Methods | Credit/Debit Card, Bank Transfer, PayPal, Skrill, Neteller, POLi, BPAY, FasaPay, Wise, PayRetailers, Cryptocurrencies (BTC, USDT) | Bank Transfer, Credit/Debit Card, PayPal, Neteller, Skrill, POLi, BPAY, AstroPay, Interac, MiFinity, DragonPay, VNPay, Perfect Money, Jeton, Crypto deposits (BTC, USDT) |
| Inactivity Fee | ✖ | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | ✖ | ✖ |
| Investor Protection | - | - |
| Protection Size | - | - |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✖ |
| Copy Trading | ✔ | ✔ |
| VPS | ✔ | ✔ |
| MAM/PAMM | ✔ | ✔ |
| Scalping Allowed | ✔ | ✔ |
| EAs/Robots | ✔ | ✔ |
| Depth of Market (DOM) | ✔ | ✔ |
| Tradable Assets (CFDs) | Forex, Indices, Shares, Commodities, Cryptocurrencies | Forex, Indices, Commodities, Bonds, Cryptocurrencies |
| Review | Eightcap Review | Global Prime Review |
About Eightcap
Eightcap is an Australian-born fintech broker that has grown into a global CFD hub since 2009. It combines low-cost pricing with an unusually broad market range, letting clients trade forex, stocks, indices, commodities and hundreds of crypto pairs from a single account. Traders like its flexibility: familiar MT4/MT5 terminals sit alongside native TradingView charts, code-free automation through Capitalise.ai and built-in copy trading, so both discretionary and algorithmic strategies are supported out of the box. Add fast execution, segregated client funds and 24/5 multilingual support, and Eightcap stands out as a technology-driven broker that’s easy to start with yet powerful enough for advanced users.
Pros
- Raw spreads from 0.0 pips
- 800+ instruments incl. 250+ crypto CFDs
- MT4/MT5, TradingView & Capitalise.ai
- ASIC, SCB & CySEC regulation; segregated funds
Cons
- No swap-free (Islamic) accounts
- No EU/UK investor-compensation scheme
About Global Prime
Global Prime is an Australia-based fintech broker focused on transparent, low-cost CFD trading. Clients trade 150+ markets - from 56 FX pairs and major indices to bonds and 40 crypto CFDs - on MT4/MT5, TradingView and a proprietary GP Hub, choosing between a spread-only Standard account or a Raw account with 0.0-pip pricing and $3.50 commissions. Fast execution, segregated funds and negative-balance protection make the broker attractive to algorithmic, copy- and discretionary traders alike.
Pros
- Raw spreads from 0.0 pip
- 56 FX pairs + 100 US share & 40 crypto CFDs
- MT4/MT5, TradingView & GP copy trading hub
- ASIC & VFSC oversight; segregated client funds
Cons
- No Islamic (swap-free) accounts
- Education materials limited
Eightcap & Global Prime Regulation
| Feature | Eightcap | Global Prime |
|---|---|---|
Companies | Eightcap Pty Ltd, Eightcap Global Ltd, Eightcap EU Ltd, Eightcap Group Ltd, Eightcap Limited, GC Group Ltd | FMGP Trading Group Pty Ltd, Gleneagle Securities Pty Limited |
Countries | Australia, Bahamas, Cyprus, United Kingdom, Seychelles | Australia, Vanuatu |
Regulators | ASIC, SCB, CySEC, FCA, SFSA | ASIC, VFSC |
Investor Protection | - | - |
Investor Protection Size | - | - |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | Eightcap | Global Prime |
|---|---|---|
ECN Account | ||
| Account Name | Standard | Standard |
| Min Deposit | $100 | $1 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 1 | 0.9 |
| Fee | No | No |
| Max Leverage | 1:500 | 1:500 |
| Stop Out | 50% | 20% |
| Margin Call | 80% | 80% |
Zero Account | ||
| Account Name | Raw | Raw |
| Min Deposit | $100 | $1 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 0 | 0 |
| Fee | $7 per 1 lot | $7 per 1 lot |
| Max Leverage | 1:500 | 1:500 |
| Stop Out | 50% | 20% |
| Margin Call | 80% | 80% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Funding and Fees
| Feature | Eightcap | Global Prime |
|---|---|---|
Base currencies | AUD, USD, EUR, GBP, NZD, CAD, SGD | USD, AUD, GBP, EUR, CAD, SGD, JPY |
Deposit and withdrawal methods | Credit/Debit Card, Bank Transfer, PayPal, Skrill, Neteller, POLi, BPAY, FasaPay, Wise, PayRetailers, Cryptocurrencies (BTC, USDT) | Bank Transfer, Credit/Debit Card, PayPal, Neteller, Skrill, POLi, BPAY, AstroPay, Interac, MiFinity, DragonPay, VNPay, Perfect Money, Jeton, Crypto deposits (BTC, USDT) |
Inactivity fee | ||
Interest on margin | ||
Withdrawal fee |
Trading Platforms and Conditions
| Feature | Eightcap | Global Prime |
|---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView |
Execution Speed | - | 10 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | low | low |
Trading Assets
| Asset | Eightcap | Global Prime |
|---|---|---|
Currencies | 55 | 56 |
Indices | 15 | 18 |
Stocks | 800 | 100 |
Cryptocurrencies | 250 | 40 |
Bonds | 0 | 3 |
Metals | 5 | 4 |
Energies | 3 | 5 |
Soft Commodities | 4 | 14 |
ETFs | 0 | 0 |
Education and Analytics
| Feature | Eightcap | Global Prime |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Customer Support
| Contact | Eightcap | Global Prime |
|---|---|---|
Email | global@eightcap.com | support@globalprime.com |
Phone | +61385922375 | +61283793622 |
Facebook | ||
LinkedIn | — | |
YouTube | YouTube | YouTube |
Instagram | — | |
Twitter | — |
Which Broker is Better?
After comparing Eightcap and Global Prime, Eightcap comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
More Comparisons
Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.