Global Prime vs Eightcap : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Global Prime

Eightcap

Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

Market maker broker

ECN

Years of Existence / Established Year

2010

2009

Customer Base / Number of Accounts

No information

80,000 +

Regulation & Security

Regulations (governing bodies)

ASIC and VFSC

SCB ASIC CySEC FCA

Awards Won (count for the last 2 years)

No major awards listed

Best Broker in Australia in 2024 by FXEmpire Best Forex Brokers 2024 Best Crypto CFD Trading Broker by FXEmpire 2024 Top CFD Broker by FXEmpire 2024

Security Measures

No compensation scheme

FSCS

SSL Encryption / 2FA

Yes

Segregated Funds

Yes

Negative Balance Protection

Yes

Yes (only to retail clients. Not for professional traders)

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

150+ Financial assets

800+ CFD markets

Currency Pairs

Yes

Commodities

Yes

Indices

Yes

Cryptocurrencies

Yes

CFDs

Yes

ETFs

Yes

Stocks

Yes

Options

Yes

Futures

Yes

Bonds

Yes

Mutual Funds

Fractional Shares

Exchange Traded Notes (ETNs)

Precious Metals

Yes

Real Estate Investment Trusts (REITs)

Equities

Yes

Trading Platforms & Technology

Trading Platform Availability

Yes

MT4

Yes

MT5

Yes

cTrader

Social Trading

Yes

Copy Trading

Yes

Other Trading Platforms (proprietary, etc.)

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Standard and Raw account

Standard account Raw account TradingView account

Demo Account (Yes/No)

Yes

Islamic Accounts (Yes/No)

Minimum Deposit

$100

Leverage Available

1:5 to 1:500

1:30

Trade Limit (maximum per trade)

1000 lots

Maximum 100 lots

Commission (per account type)

Standard: $0, Raw account: $3.5 per lot

Standard - $0 TradingView - $0 Raw - Each side: 3.5 AUD, USD, NZD, SGD, CAD | 2.25 GBP | 2.75 EUR per standard lot traded

Best Suited For (e.g., beginners, experienced traders)

Beginner traders

Beginners & experienced

Deposit & Withdrawal Options

Deposit Methods

Visa, Mastercard, Crypto, Bpay, Bank wire, QR code, Astro pay, Interac,PayID, e-wallets

Wire Transfer Credit/debit cards UnionPay Bitcoin Ewallets

Withdrawal Methods

Visa, Mastercard, Crypto, Bpay, Bank wire, QR code, Astro pay, Interac,PayID, e-wallets

Wire Transfer Ewallets Bitcoin

Other E-Wallets Supported

PayPal, Neteller, Skrill, GATE8, Dragon Pay, VN Pay, FasaPay, Pagsmile, Jeton, Mifinity, XPay, Perfect money

Skrill Neteller Fasapay Dragonpay

Tools & Educational Resources

Economic Calendar

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Trading Education, Market Analysis, Webinars, Trading Guides, Video Tutorials, Podcast Market Insights, Blog Trading News and Analysis

Capitalise.ai AI-powered Economic calendar Eightcap labs Trade Zone Events & Webinars Flash trader

Fees & Commissions

Trading-Related Fees

Crypto: 0.1%, indices, Bonds, and Commodities (excl. Metals): $0, Commission: AUD $7, USD $7, EUR € 6.20, GBP £5.4, SGD $9.50, CAD $9, Standard: 0.9 pips, raw : $3.5

Spread- starts from 0.0 pips

Spread (typical, fixed, variable)

Variable

Per Lot Fees

$3.50

$3.50 per lot per side

Options Contract Fees

Futures Contract Fees

Markup Fees on Spread

Guaranteed Stop Loss Fees

Maximum Leverage

1:500

1:30

Non-Trading Fees

Dormant Fees

Subscription Fees (for premium features, data feeds)

Advisory Fees

Swap Fees (Overnight Financing)

Yes

Statement or Document Fee

Account Opening Fee

Account Maintenance Fee

Deposit Fee

Currency Conversion Fee

$20-$30

Withdrawal Fee

International bank transfer: $20-$30

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Customer Benefits (e.g., Retirement Plan)

Yes

Trading Hours

Trading Hours (for each asset class if applicable)

24 hours a day, 5 days a week. 5 PM New York on Sunday through to 5 PM New York on Friday

Crypto - Monday-Sunday (00:00 - 23:59) Forex - 10PM to 7AM Commodities - Monday-Friday (03:00 - 24:00) Stocks US - 9:30am to 4pm

Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/7

24x5

Customer Support Methods (phone, email, live chat)

Phone: +61 (2) 8379 3622, E-mail: [email protected], Live chat

E mail: mailto:[email protected] Call / Chat: +61 3 8592 2375

Support Languages

14+

13+

Additional Information

Headquarters Location

FMGP Trading Group Pty Ltd Level 10, 627 Chapel St, South Yarra 3141 Australia

Aiolou & Panagioti Diomidous 9, Katholiki, 3020, Limassol, Cyprus.

Complaints (for crypto brokers)

At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.

If minimizing trading costs is your top priority, Global Prime might be more attractive due to its lower commissions. Meanwhile, Eightcap justifies its moderate fees with more robust tools and professional-grade features.

While Global Prime prioritizes fast registration with minimal steps, Eightcap focuses on a thorough vetting process that gives more flexibility in choosing account types and features.

Global Prime excels in real-time trade execution with minimal latency, whereas Eightcap complements its execution with strong analytical modules and educational support within the platform.

Advanced users will enjoy Global Prime capabilities, but Eightcap remains a favorite for its streamlined and beginner-centric approach.

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