ClarityFX and Eightcap both offer TradeLocker, but they are very different brokers. Eightcap is a regulated multi-entity broker founded in 2009; ClarityFX is an offshore broker with crypto-only funding. TradingFormula has a commercial relationship with ClarityFX — this comparison is based on the facts we could verify for both.
At a glance
| ClarityFX (partner) | Eightcap | |
|---|---|---|
| Regulation | None found — Saint Lucia company | ASIC, FCA, CySEC, SCB (Bahamas) |
| Founded | Not published | 2009, Melbourne |
| Platforms | TradeLocker | MT4, MT5, TradingView, TradeLocker |
| Funding | Cryptocurrency only | Bank wire, cards, PayPal, Skrill, Neteller, crypto |
| Minimum deposit | Listed as 10 (currency not stated) | $100 |
| Commission | $6 per lot (listed) | Raw: about $7 per lot round turn; Standard: none |
| EUR/USD spread | Not published | Raw avg 0.06 pips; Standard about 1.0 pip |
| Max leverage | 1:100 | Up to 500:1 (Global entity); capped for UK and EU retail |
Eightcap figures from ForexBrokers.com’s review dated October 5, 2026; ClarityFX from its TradeLocker listing. Confirm current terms with each broker.
Regulation
This is the main difference. Eightcap’s regulated entities must segregate client money and report to their regulators, and some come with compensation schemes. ClarityFX has no regulator to complain to if something goes wrong. If investor protection matters to you, Eightcap is the clear choice.
Costs
On paper both charge a similar commission. Eightcap publishes its Raw spreads, so its all-in cost — roughly 0.76 pips on EUR/USD including commission — can be checked. ClarityFX does not publish average spreads, so compare live quotes on both demos before deciding. Run the numbers with our trading cost calculator.
Funding
ClarityFX suits traders who already hold USDT or other crypto and want to fund with it. Eightcap offers crypto too, alongside conventional methods, through the entity that serves your country. Read how to deposit USDT to a forex broker before sending crypto anywhere.
Which should you choose?
Choose Eightcap if you want a regulated broker, a choice of platforms beyond TradeLocker, or card and bank funding.
Consider ClarityFX if you specifically want crypto-only funding with a low listed minimum on TradeLocker, and you accept the risks of an unregulated broker — start with a small deposit and test a withdrawal. See our ClarityFX partner listing.
Both offer demos, so try each before you fund. Our TradeLocker brokers guide covers the wider field.
Frequently asked questions
Is ClarityFX or Eightcap regulated?
Eightcap has entities regulated by ASIC in Australia, the FCA in the UK, CySEC in Cyprus and the Securities Commission of the Bahamas. We found no financial-regulator licence for ClarityFX, which is registered as a company in Saint Lucia.
Which is cheaper, ClarityFX or Eightcap?
Eightcap's Raw account charges about $7 per lot round turn with EUR/USD spreads averaging 0.06 pips, according to ForexBrokers.com. ClarityFX lists $6 per lot but does not publish average spreads, so its all-in cost cannot be compared precisely.
Do both accept crypto deposits?
ClarityFX is listed as crypto-only for deposits and withdrawals. Eightcap lists cryptocurrency alongside bank wire, cards, PayPal, Skrill and Neteller, depending on the entity.