Choosing between two ASIC-regulated forex brokers is rarely a question of which one is “better” and more often a question of which fits your trading style, deposit size, and platform preference. Eightcap and uzfx both serve global CFD traders under Australian Securities and Investments Commission (ASIC) oversight, but the two firms diverge sharply on product lineup, account tiers, platform support, and minimum funding. This independent 2026 comparison walks through the facts that matter most when opening a real-money account — pulled from each broker’s official disclosures and the contract specifications published on their websites.

If you want a more detailed view of one side of the comparison, read our full UZFX review 2026 before making a decision.

Quick Comparison Snapshot

FeatureEightcapUZFX
RegulatorASIC (AFSL 391441), SCB, CySEC, FCAASIC (AFSL 001291473)
Minimum deposit$100 (standard), $100 (Raw)$10
Account typesStandard, RawStandard account
CommissionNone (Standard), $3.50/lot/RT (Raw)None (spread-only)
Spreads (EUR/USD)From 1.0 pip (Std), 0.0 pip (Raw)From ~1.6 pip (variable)
PlatformsMT4, MT5, TradingViewWeb Terminal, H5, iOS/Android/Windows/Mac apps
Products~800 CFDs (forex, indices, shares, crypto, commodities)46+ CFDs (forex, metals, energies, crypto, indices, 3 stocks)
Demo account30-day demo, $10,000 virtual60024310 — $100,000 virtual, unlimited duration
Leverage (retail, AU)Up to 1:30Up to 1:500 (forex), varies by product
Crypto CFDsYes (24/7 on select pairs)Yes (BTC, ETH, USDT)
Inactivity fee$0 (no fee disclosed)$0 (no inactivity fee currently)

Regulation and Investor Protection

Both brokers operate under ASIC, Australia. Eightcap holds AFSL 391441 (originally issued 2009, with multiple variations under parent entity “Eightcap Pty Ltd”). UZFX operates under AFSL 001291473 — confirm it directly on the ASIC professional registers before funding. ASIC oversight means both firms hold client money in segregated trust accounts at Australian banks and are subject to capital-adequacy reporting, daily reconciliation, and external dispute resolution through the Australian Financial Complaints Authority (AFCA).

Eightcap also maintains a Bahamas Securities Commission (SCB) entity for non-Australian clients, CySEC (EU) registration, and FCA authorisation (UK). For European Union residents, the CySEC entity allows leverage up to 1:30 on majors and tighter negative-balance protection. UZFX currently exposes the ASIC entity across most of its global footprint.

Risk note: Leverage levels available to retail clients depend on the broker entity that onboards you. Verify the legal entity in your account-opening paperwork and check that the licence status is “authorised” rather than “AFSL — registered” on the ASIC register.

Platforms and Tools

This is the most visible divergence between the two firms.

  • Eightcap runs the MetaQuotes stack — MT4 and MT5 desktop, web, and mobile — plus a TradingView integration for charting and copy-trading. If your workflow depends on MT5 expert advisors (EAs), custom indicators, or TradingView alerts, Eightcap is the more natural fit.
  • UZFX ships its own proprietary Web Terminal and native H5/iOS/Android/Windows/Mac applications. There is no MetaTrader support — see our MT4 beginner’s guide 2026 for an explanation of what that means for EA users. UZFX’s Web Terminal supports 100+ order types, native risk-management modules, and one-click order templates that run without installation.
WorkflowEightcapUZFX
Algorithmic EAsFull MT5 EA supportNot supported
Manual discretionaryGood (MT5 chart trading)Good (Web Terminal + click trading)
ChartingTradingView, MT5 charts, MT4 chartsProprietary charts (60+ indicators)
MobileiOS/Android MT4/MT5 appsNative iOS/Android apps
DesktopMT4/MT5 desktopWindows/Mac native clients

Trading Costs

Spreads and Commission

For EUR/USD on a Standard account, Eightcap publishes an average spread of 1.0 pip with no commission. UZFX publishes a starting spread of about 1.6 pip variable with zero commission. Active traders on EUR/USD with 1-standard-lot position sizes feel the difference: on 50 round-trip trades per month, Eightcap’s tighter pricing beats UZFX by approximately 0.6 pip × 50 × $10 = $300.

If you trade Raw pricing, Eightcap’s Raw account offers 0.0-pip spreads plus $3.50 per side per lot ($7 round-trip). On 100+ lots per month with very tight tolerance, Raw can undercut Standard. UZFX does not run an ECN or Raw-tier account structure.

Overnight Swap

Both brokers charge overnight swap on positions held past the 5 pm New York cut. Exact swap points depend on the pair and current interest-rate differential — published in the contract specifications area of each broker’s website. On USD/JPY in mid-2026, both brokers reflect a positive carry on long positions (because the U.S. Fed funds rate is still above the BOJ policy rate) and a negative swap on shorts.

Other Fees

Neither broker charges deposit or withdrawal fees for mainstream rails (bank transfer, card, USDT). Eightcap charges a $0 inactivity fee across most account tiers — published policy was updated to remove this from 2025. UZFX currently displays no inactivity fee.

Product Range

Eightcap’s published product count is the larger of the two, including roughly 800 instruments spanning forex majors, minors, exotics, share CFDs on US, AU, UK and EU exchanges (commission per share), index CFDs, commodity CFDs, and a 24/7 crypto CFD suite. For share traders and portfolio-style traders, this depth matters.

UZFX focuses on a tighter 46+ product mix: 26 forex pairs, 4 precious metals, 3 energies, 3 crypto (BTC, ETH, USDT), 7 indices, and 3 stock CFDs. The narrower line-up is intentional — it aligns with the platform’s promise to keep per-instrument execution fast and quote depth deep.

For broader listing guidance, read our forex trading guide and the gold trading guide XAU/USD 2026 for an idea of how to choose instruments across both brokers.

Account Opening and Minimum Funding

  • Eightcap minimum deposit starts at $100 AUD for the Standard account and $100 for the Raw account. KYC documents required: government ID, proof of address (utility bill / bank statement), and a “suitability questionnaire” under ASIC RG 273.
  • UZFX minimum deposit is $10 USD across all standard accounts (updated from $50 in July 2026). Real account number prefix on UZFX is 80024310 (pending activation until first deposit). Demo account is 60024310 with $100,000 virtual funds and unlimited duration, no KYC required.

If you’re a beginner testing with small sums, the $10 floor on UZFX is one of the lowest in the ASIC-regulated retail space. If you plan to scale beyond $5,000, the $100 floor at Eightcap isn’t an obstacle but does gate the initial relationship.

Leverage and Margin

For retail Australian clients (ASIC AFSL entity), the maximum leverage regulators allow on FX majors is 1:30. Eightcap enforces 1:30 on its AU entity; UZFX displays 1:500 because it onboards non-AU / overseas-eligible clients under the same ASIC entity with a different client-classification regime. Always confirm in your account-opening flow which leverage cap applies to you.

Margin call and stop-out levels differ:

  • Eightcap: 80% margin call → 50% stop-out (Standard), 50% stop-out (Raw)
  • UZFX: Tiered margin system — see the full spread and leverage analysis for product-specific notional tables

Deposits and Withdrawals

MethodEightcapUZFX
Bank wire (SWIFT/SEPA)YesYes
Visa / MastercardYesYes
USDT (TRC20 / ERC20)LimitedYes
Skrill / NetellerYesLimited
Crypto (BTC, ETH direct)Yes (Australia-licensed entity)Yes
Internal processing time1 business day for withdrawalsSame-day / next-day for crypto rails

If you prefer USDT-denominated deposits or withdrawals, see our USDT bitcoin deposit guide 2026 for step-by-step walkthroughs.

Customer Support

Eightcap runs 24/5 multilingual support across English, Mandarin, Vietnamese, Thai, Indonesian and Spanish, with an additional 24-hour weekend service for platinum-tier accounts. UZFX runs 24/7 multilingual support including CJK, SE-Asian, and European-language desks. Both brokers publish a help-centre knowledge base. For platform-specific technical issues, response times on Eightcap typically run between 2 and 12 hours; on UZFX they are usually within 1 to 4 hours.

Which Broker Should You Choose?

Choose Eightcap if:

  • You depend on MetaTrader 4/MT5 expert advisors or TradingView alerts
  • You trade share CFDs (US/AU/EU/UK) and need deep equity CFD coverage
  • You want 0.0-pip Raw pricing with a flat commission structure
  • You trade 30+ lots per month and care intensely about spread

Choose UZFX if:

  • You want the lowest entry threshold in the ASIC space ($10 minimum)
  • You prefer a proprietary platform with native mobile and desktop clients
  • You want same-day crypto deposit/withdrawal rails (USDT, BTC, ETH)
  • You’re a beginner testing strategies on a $100,000 demo before going live
  • You want zero commissions on a spread-only account with no Raw-tier confusion

FAQ

Is Eightcap safe and regulated? Yes. Eightcap Pty Ltd is authorised under ASIC AFSL 391441. Client funds are held in segregated trust accounts at an Australian ADI (authorised deposit-taking institution). Additional entities are regulated by SCB (Bahamas), CySEC (Cyprus), and FCA (UK).

Is UZFX safe and regulated? Yes. UZFX operates under ASIC AFSL 001291473, with client funds held in segregated accounts. Verify on the ASIC professional registers.

Does either broker offer MetaTrader 4 or MT5? Eightcap supports both MT4 and MT5 plus TradingView. UZFX does not run MetaQuotes platforms — see the MT4 vs MT5 guide for alternatives.

What is the minimum deposit to start? Eightcap from $100 AUD. UZFX from $10 USD (updated July 2026). Both are accessible for beginners.

Can I open an Islamic swap-free account? Eightcap offers swap-free accounts on request for eligible jurisdictions. UZFX supports swap-free treatment across its standard account on application.

Which broker has the lowest spreads on EUR/USD? Eightcap’s Raw account shows 0.0-pip EUR/USD with a $3.50 commission. UZFX’s spread-only model starts at ~1.6 pip on EUR/USD variable with zero commission. The right choice depends on your volume.


Recommended Broker: Visit UZFX Official Website

Risk Disclaimer

cfd trading is a leveraged product that carries a high level of risk to your capital. You may lose more than your initial deposit. These products are not suitable for everyone. You should ensure you fully understand the risks before trading and only invest what you can afford to lose. Past performance of any trading strategy or broker is not indicative of future results. ASIC-regulated entities provide investor protection through dispute-resolution mechanisms such as AFCA — but this does not eliminate market or leverage risk.