Eightcap

Eightcap

🟢 Tier 1 Regulated
8.0
/ 10
vs
Scope Markets

Scope Markets

🟢 Tier 1 Regulated
7.2
/ 10

Eightcap vs Scope Markets

A detailed side-by-side comparison based on our hands-on testing across 8 scoring categories.

Eightcap and Scope Markets are both popular choices for forex and CFD traders, but they cater to different needs and experience levels. Eightcap, founded in 2009 and headquartered in Melbourne, Australia, is regulated by ASIC, CySEC, SCB and offers spreads starting from 0.0 pips with a minimum deposit of $100. Scope Markets, established in 2019 in Limassol, Cyprus, holds licenses from CySEC, CMA, FSA with spreads from 0.5 pips and a $100 minimum deposit. In our hands-on testing across 8 scoring categories, Eightcap scored 8/10 overall compared to Scope Markets's 7.2/10, making it the stronger pick for most traders. That said, Scope Markets holds its own with overall value, so your ideal broker depends on what you prioritize in a trading partner.

Key Differences at a Glance

  • 📊

    Eightcap scores 8/10 overall vs 7.2/10 for Scope Markets — a 0.8-point difference.

  • 📈

    Eightcap offers 800+ instruments vs 200+ at Scope Markets — a massive gap in market coverage.

  • 🖥️

    Eightcap runs on MT4, MT5, TradingView, while Scope Markets uses MT4, MT5 — different ecosystems for different trading styles.

  • The biggest gap is in Trading Costs: Eightcap scores 8.5 vs 7.0 for Scope Markets — a 1.5-point difference.

Our Verdict

🏆 WINNER
Eightcap

Eightcap

Score: 8.0/10 · Wins 6 categories
  • You want lower spreads and trading fees
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
  • You want access to a wider range of instruments
Scope Markets

Scope Markets

Score: 7.2/10 · Wins 0 categories
  • You prefer Scope Markets's trading environment overall

Eightcap takes the lead with an overall score of 8/10 compared to 7.2/10, winning in 6 out of 8 scoring categories. Eightcap stands out for lower trading costs and better trading platforms, while Scope Markets remains a solid alternative.

Detailed Verdict

After testing both brokers with real accounts, Eightcap comes out ahead with a 8/10 overall rating, winning 6 out of 8 categories. Its strongest area is Trading Costs where it scores 8.5/10. Eightcap holds Tier 1 regulation, meaning your funds benefit from top-level investor protection including segregated accounts and compensation schemes. Scope Markets is not without merit — it scores 7.2/10 overall and excels in Regulation & Trust (7.5/10). For a complete breakdown, read our full Eightcap review and Scope Markets review — both include account opening walkthroughs, platform screenshots, and withdrawal test results.

Score Breakdown

Eightcap
Scope Markets
Trading Costs
8.5 7.0

Eightcap wins by 1.5 points

Platforms & Tools
8.5 7.0

Eightcap wins by 1.5 points

Regulation & Trust
8.0 7.5

Eightcap wins by 0.5 points

Education
6.5 6.5
Customer Service
7.0 7.0
Research & Analysis
7.0 6.5

Eightcap wins by 0.5 points

Deposit & Withdrawal
8.0 7.0

Eightcap wins by 1.0 points

Product Range
7.5 6.5

Eightcap wins by 1.0 points

Full Feature Comparison

Structured broker facts pulled from the shared broker dataset.
Feature
Overall Score
8.0/10
7.2/10
Min Deposit
Lower is better
$100
$100
Max Leverage
1:500
1:500
Spreads From
0.0 pips
0.5 pips
Platforms
MT4, MT5, TradingView
MT4, MT5
Regulation
ASIC, CySEC, SCB
CySEC, CMA, FSA
Founded
Older track record highlighted
2009
2019
Markets
800+
200+
Eightcap: 1 Scope Markets: 0
💰

Fees & Costs

🏅 Section Winner: Eightcap (8.5 vs 7.0)

When it comes to trading costs, Eightcap has the edge with a score of 8.5/10 versus 7/10 for Scope Markets. Eightcap offers spreads starting from 0.0 pips, while Scope Markets starts from 0.5 pips. The minimum deposit at Eightcap is $100, compared to $100 at Scope Markets. Both brokers operate primarily on a spread-based pricing model, though actual costs vary by account type and instrument. For high-volume traders, even small spread differences add up significantly over time, making this an important category to weigh carefully.

Eightcap
8.5
Scope Markets
7.0
Eightcap: 2 Scope Markets: 0
🖥️

Trading Platforms

🏅 Section Winner: Eightcap (8.5 vs 7.0)

Eightcap scores 8.5/10 for platforms compared to 7/10 for Scope Markets. Eightcap provides MT4, MT5, TradingView, while Scope Markets offers MT4, MT5. The choice of platform affects your charting, order execution speed, and available technical indicators. Traders who rely on MetaTrader's algorithmic trading capabilities should check which MT4/MT5 features each broker supports, including custom indicators and expert advisors.

Eightcap
8.5
Scope Markets
7.0
Eightcap: 3 Scope Markets: 0
🛡️

Regulation & Safety

🏅 Section Winner: Eightcap (8.0 vs 7.5)

Regulation is crucial for fund safety. Eightcap is regulated by ASIC, CySEC, SCB (Tier 1), while Scope Markets holds licenses from CySEC, CMA, FSA (Tier 1). Eightcap scores 8/10 and Scope Markets scores 7.5/10 in this category. Tier 1 regulators like FCA, ASIC, and CySEC offer the strongest investor protection, including segregated client funds and compensation schemes. Always verify your broker's specific license for your jurisdiction before opening an account.

Eightcap
8.0
Scope Markets
7.5
Eightcap: 3 Scope Markets: 0
📚

Education & Research

For learning resources, Eightcap leads with 6.5/10 compared to 6.5/10. Quality education materials can shorten your learning curve significantly. Look for brokers offering structured courses, live webinars, and practice demo accounts. Eightcap and Scope Markets both provide demo accounts for risk-free practice, but the depth of educational content varies. Beginners should prioritize this category when choosing between the two.

Eightcap
6.5
Scope Markets
6.5
Eightcap: 3 Scope Markets: 0
🎧

Customer Support

Eightcap offers 24/5 Live Chat, Email and scores 7/10, while Scope Markets provides 24/5 Live Chat, Email with a score of 7/10. Reliable support becomes critical during market volatility or when you encounter account issues. Look for brokers with 24/5 or 24/7 availability, multiple contact channels, and support in your preferred language.

Eightcap
7.0
Scope Markets
7.0
Eightcap: 4 Scope Markets: 0
💳

Deposit & Withdrawal

🏅 Section Winner: Eightcap (8.0 vs 7.0)

Eightcap scores 8/10 for deposits and withdrawals, while Scope Markets scores 7/10. Eightcap accepts Bank Transfer, Credit Card, Skrill, Neteller, PayPal, and Scope Markets supports Bank Transfer, Credit Card, Skrill, Neteller. Processing times, fees, and available currencies vary. Eightcap requires a minimum deposit of $100 versus $100 for Scope Markets. Always check withdrawal conditions and any potential fees before funding your account.

Eightcap
8.0
Scope Markets
7.0

Which Broker Is Right for You?

Eightcap

Choose Eightcap if you...

  • You want lower spreads and trading fees
  • You need advanced trading platforms and tools
  • Top-tier regulation and fund safety are your priority
  • You want access to a wider range of instruments
Visit Eightcap
Scope Markets

Choose Scope Markets if you...

  • You prefer Scope Markets's trading environment overall
Visit Scope Markets

🗳️ Which Broker Do You Prefer?

Cast your vote — see what other traders think

Frequently Asked Questions

Is Eightcap better than Scope Markets?

Eightcap scores higher overall (8/10 vs 7.2/10), winning 6 of 8 categories. However, Scope Markets remains competitive. The best choice depends on what matters most to your trading style.

Which has lower fees, Eightcap or Scope Markets?

Eightcap scores higher for trading costs. Eightcap offers spreads from 0.0 pips with a $100 minimum deposit, while Scope Markets starts from 0.5 pips with $100 minimum. Actual trading costs depend on your instrument, volume, and account type.

Is Eightcap safe to trade with?

Eightcap is regulated by ASIC, CySEC, SCB and scores 8/10 for regulation. Scope Markets is regulated by CySEC, CMA, FSA with a score of 7.5/10. Both hold recognized licenses, but verify the specific entity covering your region.

Which has better trading platforms, Eightcap or Scope Markets?

Eightcap scores 8.5/10 for platforms. Eightcap offers MT4, MT5, TradingView, while Scope Markets provides MT4, MT5. Your ideal platform depends on whether you prefer proprietary tools, MetaTrader, or third-party solutions.

What's the minimum deposit for Eightcap vs Scope Markets?

Eightcap requires a minimum deposit of $100, while Scope Markets requires $100. Scope Markets has the lower entry barrier, making it more accessible for beginners or those testing with smaller amounts.

Ready to Start Trading?

Open a free account with either broker and start trading today.

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