Eightcap Overview
| Website | eightcap.com |
| Year Founded | 2009 |
| Countries of Registration | Australia, Bahamas, Cyprus, United Kingdom, Seychelles |
| Website Languages | Arabic, German, Spanish, French, Bahasa, Italian, Lao, Mongolian, Malay, Portuguese, Thai, Traditional Chinese, Simplified Chinese |
| Regulators | ASIC, SCB, CySEC, FCA, SFSA |
| Broker Type | ECN |
| Dealing | A-book |
| Minimum Deposit | $100 |
| Account Currencies | AUD, USD, EUR, GBP, NZD, CAD, SGD |
| Spread | low |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView |
| Trading Assets | Forex, Indices, Shares, Commodities, Cryptocurrencies |
Brief look at Eightcap
Eightcap is an Australian-born fintech broker that has grown into a global CFD hub since 2009. It combines low-cost pricing with an unusually broad market range, letting clients trade forex, stocks, indices, commodities and hundreds of crypto pairs from a single account. Traders like its flexibility: familiar MT4/MT5 terminals sit alongside native TradingView charts, code-free automation through Capitalise.ai and built-in copy trading, so both discretionary and algorithmic strategies are supported out of the box. Add fast execution, segregated client funds and 24/5 multilingual support, and Eightcap stands out as a technology-driven broker that’s easy to start with yet powerful enough for advanced users.
Pros
- Raw spreads from 0.0 pips
- 800+ instruments incl. 250+ crypto CFDs
- MT4/MT5, TradingView & Capitalise.ai
- ASIC, SCB & CySEC regulation; segregated funds
Cons
- No swap-free (Islamic) accounts
- No EU/UK investor-compensation scheme
Is Eightcap available in my country?
We just checked and
Eightcap doesn't accept clients from United States!
Your capital is at risk
Eightcap Reviews
I've been trading with Eightcap for a few months now, and I appreciate their demo account feature. It helped me get familiar with MT4 and MT5 before committing. The minimum deposit is reasonable, and the spreads are competitive.
8/15/2023Great broker overall! The app is user-friendly, making it easy to login and manage my account types. I also love the bonus offers they provide. Withdrawal time is quick, and customer support is always helpful.
9/5/2023Eightcap has a decent platform for trading forex, but I found the leverage options a bit limited compared to other brokers. The rebate system is nice, but I wish the withdrawal time was faster.
10/1/2023I recently signed up with Eightcap and so far, so good! The spreads are pretty tight, and I love the ability to download their trading platforms. The demo account is a great way to practice without risk.
9/20/2023As a long-time trader, I find Eightcap to be a reliable broker. The account types available suit my needs well, and the login process is smooth. They offer decent bonuses which can enhance your trading experience.
7/30/2023Leave a Review
Is Eightcap regulated?
| Companies | Eightcap Pty Ltd, Eightcap Global Ltd, Eightcap EU Ltd, Eightcap Group Ltd, Eightcap Limited, GC Group Ltd |
| Countries | Australia, Bahamas, Cyprus, United Kingdom, Seychelles |
| Regulators | ASIC, SCB, CySEC, FCA, SFSA |
| Investor Protection | - |
| Investor Protection Size | - |
| Publicly Traded | |
| Segregated Accounts | |
| Guaranteed Stop Loss | |
| Negative Balance Protection |
Eightcap Account Types
| Property | Standard | Raw |
|---|---|---|
| Min Deposit | $100 | $100 |
| Lot Size | 0.01 | 0.01 |
| Spread Type | Floating | Floating |
| Execution | Market | Market |
| Min Spread | 1 pips | 0 pips |
| Fee | No | $7 per 1 lot |
| Max Leverage | 1:500 | 1:500 |
| Stop Out | 50% | 50% |
| Margin Call | 80% | 80% |
Additional Features
- Demo Account
- VIP Account
- Swap-Free Account
- Copy Trading
- VPS
- PAMM/MAM Accounts
Eightcap Funding and Fees
| Base currencies | AUD, USD, EUR, GBP, NZD, CAD, SGD |
| Deposit and withdrawal methods | Credit/Debit Card, Bank Transfer, PayPal, Skrill, Neteller, POLi, BPAY, FasaPay, Wise, PayRetailers, Cryptocurrencies (BTC, USDT) |
| Inactivity fee | |
| Interest on margin | |
| Withdrawal Fee |
Eightcap Trading Platforms and Conditions
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView |
| Execution Speed | - ms |
| Scalping | |
| Expert Advisors (EAs) | |
| Depth of Market (DOM) | |
| Spread | low |
Eightcap Trading Assets
| Currencies | 55 |
| Indices | 15 |
| Stocks | 800 |
| Cryptocurrencies | 250 |
| Bonds | 0 |
| Metals | 5 |
| Energies | 3 |
| Soft Commodities | 4 |
| ETFs | 0 |
Education and Analytics
| Economic Calendar | |
| Indicators | |
| Robots | |
| Signals | |
| Autochartist | |
| Expert Analytics | |
| News Feed | |
| Education Articles | |
| Webinars | |
| Seminars |
Eightcap Support
| global@eightcap.com | |
| Phone | +61385922375 |
| YouTube | YouTube |
Eightcap Alternatives
| Broker | Eightcap | Pepperstone | IC Markets | FP Markets | Fusion Markets | Global Prime |
|---|---|---|---|---|---|---|
| Type | ECN | ECN, DMA | ECN, DMA | ECN | ECN | ECN |
| Minimum Deposit | $100 | $1 | $200 | $100 | $1 | $1 |
| Regulators | ASIC, SCB, CySEC, FCA, SFSA | ASIC, SCB, CySEC, DFSA, BaFin, CMA, FCA | SFSA, ASIC, CySEC, CMA | ASIC, CySEC, FSCA, SVGFSA, SFSA | ASIC, SFSA, VFSC | ASIC, VFSC |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView, DupliTrade | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView |
| Spread | low | low | low | low | low | low |
| Leverage | 1:500 | 1:500 | 1:500 | 1:500 | 1:500 | 1:500 |
| Assets | Forex, Indices, Shares, Commodities, Cryptocurrencies | Currencies, Indices, Stocks, ETFs, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities | Forex, Metals, Indices, Energy, Soft Commodities, Cryptocurrencies, Shares | Forex, Indices, Commodities, Bonds, Cryptocurrencies |
Is Eightcap Right for You?
Eightcap stands out as a competitive choice for traders seeking low-cost pricing and a broad market range. With raw spreads starting from 0.0 pips and access to over 800 instruments, including more than 250 crypto CFDs, it caters to a diverse trading portfolio. The availability of popular trading platforms like MT4, MT5, and TradingView, along with features such as code-free automation and copy trading, further enhances its appeal to both novice and experienced traders. However, there are notable drawbacks to consider. Eightcap does not offer swap-free (Islamic) accounts, which may deter some traders who require this option for compliance with their religious beliefs. Additionally, the absence of an EU/UK investor-compensation scheme could raise concerns for those prioritizing investment protection in these regions. In conclusion, Eightcap is highly recommended for traders looking for low spreads, a wide variety of assets, and advanced trading features. It suits those comfortable with its regulatory framework and who do not require swap-free accounts. Conversely, traders in need of additional investor protection or swap-free options may want to explore other alternatives.
FAQ
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.
