Eightcap is a Melbourne-based broker regulated by ASIC (with additional entities including VFSC offshore), built around MetaTrader: raw spreads from 0.0 pips with $3.50/side ($7 round turn), some of the tightest tested EUR/USD spreads in the industry (~0.06 pips recorded in mid-2026 comparisons), ~25ms execution, and a $100 minimum deposit.
It offers roughly 800 instruments with an unusually wide cryptocurrency CFD range, TradingView integration, and copy-trading support. The trade-off versus Pepperstone: fewer platforms (no cTrader), fewer regulators, and a smaller instrument list overall.
Full compatibility. MT5 raw pricing executes our signals as published; the tested EUR/USD spreads are among the tightest anywhere, EAs and scalping are unrestricted, and weekend holding is allowed for the Quant modules (check swaps).
Where it fits in our list: a lean, execution-focused alternative when you want MetaTrader + TradingView and don't need cTrader or a 12,000-instrument catalogue.
Eightcap is the lean pick: raw MT5 pricing with exceptional tested spreads and fast execution, at the same $100 entry as TMGM and FP Markets.
It gives up platform breadth and regulatory depth to Pepperstone — if those matter, pay the same and take Pepperstone; if pure MetaTrader execution is the whole job, Eightcap does it excellently.
Tight raw spreads, 25ms fills, $100 to start.
SIGNAL COMPATIBILITY
Fully compatible with both Apex VIP FVG and Apex VIP Quant — full MT5 raw pricing, all 8 instruments, weekend holding allowed. Check swap rates for multi-day Quant modules. Learn more →
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