Pepperstone vs Eightcap: best TradingView broker?

Pepperstone vs Eightcap: the short answer

For most TradingView traders, Pepperstone is the better choice. Both brokers support TradingView alongside MT4 and MT5, but Pepperstone publishes its average raw spreads (0.1 pips on EUR/USD), has no minimum deposit, adds cTrader, and ranks #1 in our broker rankings. Choose Eightcap if you also want TradeLocker, which Pepperstone doesn't offer, or if you value its no-inactivity-fee policy.

Quick verdict

Pepperstone scores 92/100 (rank #1) and Eightcap 83/100 (rank #7) under our methodology. Pepperstone leads on regulation (33/35 against 30/35), costs (23/25 against 22/25), platforms (15/15 against 14/15) and especially track record (13/15 against 9/15). Both score 8/10 for access. Figures were verified November 2026.

TradingView and other platforms

Both brokers offer TradingView, MT4 and MT5. Beyond that:

• Pepperstone adds cTrader and its own Pepperstone platform, and scores 15/15 for platforms.
• Eightcap adds TradeLocker, which has TradingView-style charts, and scores 14/15. Eightcap's tagline in our records is "Best for TradingView and TradeLocker users".

If TradingView is your only platform, either works. If you'd also like a cTrader account, Pepperstone is the only option of the two; if you want TradeLocker, only Eightcap offers it. Our trading platforms comparison covers each in more detail.

Costs

Pepperstone's Razor account averaged 0.1 pips on EUR/USD in August 2026, plus $7 round-turn commission per lot on MT4/MT5 and $6 on cTrader. Its Standard account averaged 1.1 pips with no commission.

Eightcap's Raw account quotes EUR/USD from 0.0 pips plus $7 round-turn commission. Eightcap publishes only "from" spreads, not averages, so its typical cost isn't verified. We don't hold a separate TradingView commission rate for either broker.

Worked example: one standard lot of EUR/USD

One pip on a 100,000-unit lot is worth $10 (100,000 × 0.0001).

• Pepperstone Razor (MT4/MT5): 0.1 pips × $10 = $1, plus $7 commission = $8 per round turn on average.
• Eightcap Raw: $7 commission plus the spread. At the 0.0-pip minimum that's $7 per round turn; at the same 0.1-pip average as Pepperstone it would be $8.

With the same commission, the real difference is the spread, and only Pepperstone tells you its average. A best-case $7 against a verified $8 average isn't a like-for-like comparison. Our explainer on what a spread is shows why "from" figures understate typical costs, and the pip value calculator lets you run your own sizes.

If you'd rather not pay commission, Pepperstone's Standard account averaged 1.1 pips on EUR/USD, about $11 per standard lot (1.1 × $10). We don't hold a verified spread-only account figure for Eightcap, so we can't compare commission-free pricing between the two.

Regulation and safety

Both brokers hold licences from ASIC, the FCA and CySEC, and both run offshore entities.

Pepperstone is licensed by ASIC (AFSL 414530), the FCA (684312), CySEC (388/20) and the DFSA (F004356), plus the SCB in the Bahamas (SIA-F217). Some international sign-ups may be placed with the Bahamas entity, which offers fewer protections.

Eightcap is licensed by ASIC (AFSL 391441), the FCA (921296) and CySEC (246/14), plus offshore regulators: the SCB Bahamas, FSA Seychelles and FSC Mauritius. Our records note that Eightcap's global site lists only its offshore entities (Bahamas, Seychelles, Mauritius) in the footer, with leverage up to 1:500. Confirm which entity will hold your account.

Retail leverage is capped at 30:1 with both brokers' ASIC, FCA and CySEC entities.

Deposits, fees and history

Pepperstone has no minimum deposit; Eightcap's minimum is $100. Eightcap charges no inactivity fee. Pepperstone was founded in 2010 and Eightcap in 2009, both in Melbourne, Australia. Neither accepts US residents.

Who should choose each

Choose Pepperstone if

• You want TradingView plus published average costs, so you know what a typical trade costs.
• You'd like cTrader as a second platform, with $6 round-turn commission.
• You want to start with no minimum deposit and the broadest top-tier licensing of the two.

Choose Eightcap if

• You want TradeLocker as well as TradingView and MetaTrader.
• You trade infrequently and want to avoid inactivity fees.
• You are eligible for its ASIC, FCA or CySEC entity.

Concerns to weigh

• Pepperstone: not available to US residents, global sign-ups may be placed with the offshore Bahamas entity, and it doesn't publish an instrument count.
• Eightcap: the global site uses offshore entities, and it publishes only "from" spreads, not averages.

Read the full Pepperstone review and Eightcap review, or compare all rated brokers on our brokers page.

Sources

Figures verified November 2026 from WizardTrader's broker records, which cite these provider pages:

• Pepperstone: licensing and regulation
• Pepperstone: trading accounts
• Pepperstone: who we are
• Pepperstone Financial Services Guide (PDF)
• Eightcap: is Eightcap regulated?
• Eightcap: account options
• DailyForex: Eightcap review

Trading involves substantial risk of loss and is not suitable for every investor. CFDs and leveraged forex can lose money rapidly, and you can lose more than you expect if you use high leverage. This page is general information, not financial advice, and nothing here promises a profit. Rankings are editorial and not paid. Read our risk disclaimer and advertiser disclosure.