Eightcap vs Fortrade: licences compared
Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.
| Attribute | Eightcap | Fortrade |
|---|---|---|
| Licence Score | 69Strong | 71Strong |
| Strongest licence | 1 Tier 1 | 1 Tier 1 |
| Licences on record | 5 | 4 |
| 1 FCA United Kingdom | Licensed | Licensed |
| 1 ASIC Australia | Licensed | Licensed |
| 1 CIRO Canada | — | Licensed |
| 2 CySEC Cyprus | Licensed | Licensed |
| 3 SCB Bahamas | Licensed | — |
| 4 FSA (Seychelles) Seychelles | Licensed | — |
| Founded | 2009 | 2013 |
| Headquarters | Australia | United Kingdom |
| Type | Forex & CFD broker | Forex & CFD broker |
| Publicly listed | No | No |
| Platforms | MT4, MT5, TradingView | Proprietary, MT4 |
| Minimum deposit | US$100 | US$100 |
| Visit | Visit site | Visit site |
Frequently asked questions
Is Eightcap or Fortrade better regulated?
Fortrade has the higher Licence Score (71 vs 69), based on the number and tier of licences, operating history and public listing.
Which regulators license both Eightcap and Fortrade?
Both are matched to licences from ASIC, FCA and CySEC.