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Eightcap Review

Eightcap Review

 

Eightcap is a trustworthy broker that provides Contracts for Difference (CFDs) and low spreads on 1000+ financial instruments. It is regulated by one tier-1 regulator (highest trust) and one tier-3 regulator. Eightcap has a trust score of 96 out of 100.

 

🛡️Regulated and trusted by the ASIC, FCA, CySEC, and, the SCB.
🛡️3000 new traders chose this broker in the last 90 days.
🛡️Available for global Traders.

 

🔎 Broker Name🥇 Eightcap
📌 Year Founded2009
📍 Publicly TradedNone
🛡️ RegulationASIC
FCA
CySEC
SCB
🌎 Country of RegulationAustralia
UK
Europe
Bahamas
🤓 Suited to Professionals✅Yes
😎 Suited to Active Traders✅Yes
💖 Suited to Beginners✅Yes
🥰 Most Notable BenefitLow spreads and access to a wide range of trading instruments
🥺 Most Notable DisadvantageLimited regulatory coverage (only regulated in Australia and SVG)
🔂 Account Segregation✅Yes
🪫 Negative Balance Protection✅Yes
🔋 Investor Protection Schemes✅Yes
🅰️ Institutional Accounts✅Yes
🅱️ Managed Accounts✅Yes
💴 Minor Account Currencies✅Yes
💶 Minimum Deposit100 USD
⏰ Average Deposit Processing TimeInstant (varies by method)
⏲️ Average Withdrawal Processing Time1-3 business days
💵 Fund Withdrawal FeeNo withdrawal fee
↪️ Spreads From0.0 pips
💵 CommissionsYes (depends on account type)
💷 Number of Base Currencies6
💳 Swap Fees✅Yes
🔖 LeverageUp to 500:1
🏷️ Margin RequirementsVaries by instrument and account type
☪️ Islamic Account✅Yes
🆓 Demo Account✅Yes
🖱️ Order Execution Time0.1 seconds
💻 VPS Hosting✅Yes
🔢 Total CFDs Offered1,000+
📈 CFD Stock Indices✅Yes
🍊 CFD Commodities✅Yes
📉 CFD Shares✅Yes
📊 Deposit OptionsBank Transfer, Credit/Debit Card, eWallets (Skrill, Neteller, etc.), Bitcoin
💹 Withdrawal OptionsBank Transfer, Credit/Debit Card, eWallets (Skrill, Neteller, etc.), Bitcoin
⚙️ Trading PlatformsMetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader
📌 OS CompatibilityWindows, MacOS, iOS, Android
📍 Forex Trading ToolsTechnical analysis tools, Expert Advisors (EAs), VPS hosting
🔊 Live Chat✅Yes
💌 Support Emailglobal@eightcap.com
☎️ Contact Number+61 3 8592 2375
🐦 Social MediaFacebook, Twitter, LinkedIn, YouTube
🗯️ LanguagesEnglish, Chinese, Arabic, Spanish, and others
✏️ Forex Course✅Yes
📔 Webinars✅Yes
📚 EducationMarket analysis, guides, tutorials
🫰🏻 Affiliate Program✅Yes
🤝 IB Program✅Yes
🫶 Acts as Sponsor✅Yes
⭐ Rebate Program✅Yes
🚀Open an Account👉 Open Account

 

Overall Rating

Min Deposit

USD 100 

Regulators

ASIC, SCB, CySEC, FCA

Trading Platform

MT4, MT5, TradingView (Eightcap FCA entity is the only dedicated, specialist TradingView broker in the UK)

Crypto

Yes * Not offered by FCA entity

Total Pairs

45

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

EightCap Review – Analysis of Brokers’ Main Features

 

  1. ☑️ Overview
  2. ☑️ Detailed Summary
  3. ☑️ Safety and Security
  4. ☑️ Partnership Options
  5. ☑️ Minimum Deposit and Account Types
  6. ☑️ How to open an Eightcap Account
  7. ☑️ Trading Platforms and Tools
  8. ☑️ Markets Available for Trade
  9. ☑️ Fees, Spreads, and, Commissions
  10. ☑️ Deposit and Withdrawal
  11. ☑️ Customer Reviews
  12. ☑️ Pros and Cons
  13. ☑️ Conclusion
  14. ☑️ Frequently Asked Questions

 

Overview

Eightcap is a well-established Forex and CFD broker, founded in 2009, that provides a variety of trading instruments with low spreads and access to numerous account types. The broker is regulated by top-tier authorities like ASIC, FCA, CySEC, and SCB, ensuring a safe and reliable trading environment.

With robust customer support, multiple deposit and withdrawal options, and powerful trading platforms like MetaTrader 4 and 5, Eightcap offers a wide range of features that cater to both professional and beginner traders alike. However, its limited regulatory coverage in certain regions may be a concern for some traders.

 

Frequently Asked Questions

 

What are the spreads like at Eightcap?

Spreads start from 0.0 pips.

 

How long does it take for Eightcap to process deposits?

Deposit processing is instant, though it may vary by method.

 

How long does it take to withdraw funds from Eightcap?

Withdrawal processing takes 1-3 business days.

 

Does Eightcap provide negative balance protection?

Yes, negative balance protection is offered.

 

Our Verdict

Eightcap excels in providing the tools and conditions that suit active and professional traders. With leverage up to 500:1, ultra-low spreads starting from 0.0 pips, and a broad selection of 1,000+ CFDs including stock indices, commodities, and shares, this broker is designed for high-frequency trading. Additionally, the availability of VPS hosting, fast order execution times (0.1 seconds), and a wide range of educational resources and analysis tools make it an excellent choice for seasoned traders.

 

Overall Rating

Min Deposit

USD 100 

Regulators

ASIC, SCB, CySEC, FCA

Trading Platform

MT4, MT5, TradingView (Eightcap FCA entity is the only dedicated, specialist TradingView broker in the UK)

Crypto

Yes * Not offered by FCA entity

Total Pairs

45

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Detailed Summary

 

🔎 Broker Name🥇 Eightcap
📌 Year Founded2009
📍 Publicly TradedNone
🛡️ RegulationASIC
FCA
CySEC
SCB
🌎 Country of RegulationAustralia
UK
Europe
Bahamas
🤓 Suited to Professionals✅Yes
😎 Suited to Active Traders✅Yes
💖 Suited to Beginners✅Yes
🥰 Most Notable BenefitLow spreads and access to a wide range of trading instruments
🥺 Most Notable DisadvantageLimited regulatory coverage (only regulated in Australia and SVG)
🔂 Account Segregation✅Yes
🪫 Negative Balance Protection✅Yes
🔋 Investor Protection Schemes✅Yes
🅰️ Institutional Accounts✅Yes
🅱️ Managed Accounts✅Yes
💴 Minor Account Currencies✅Yes
💶 Minimum Deposit100 USD
⏰ Average Deposit Processing TimeInstant (varies by method)
⏲️ Average Withdrawal Processing Time1-3 business days
💵 Fund Withdrawal FeeNo withdrawal fee
↪️ Spreads From0.0 pips
💵 CommissionsYes (depends on account type)
💷 Number of Base Currencies6
💳 Swap Fees✅Yes
🔖 LeverageUp to 500:1
🏷️ Margin RequirementsVaries by instrument and account type
☪️ Islamic Account✅Yes
🆓 Demo Account✅Yes
🖱️ Order Execution Time0.1 seconds
💻 VPS Hosting✅Yes
🔢 Total CFDs Offered1,000+
📈 CFD Stock Indices✅Yes
🍊 CFD Commodities✅Yes
📉 CFD Shares✅Yes
📊 Deposit OptionsBank Transfer, Credit/Debit Card, eWallets (Skrill, Neteller, etc.), Bitcoin
💹 Withdrawal OptionsBank Transfer, Credit/Debit Card, eWallets (Skrill, Neteller, etc.), Bitcoin
⚙️ Trading PlatformsMetaTrader 4 (MT4), MetaTrader 5 (MT5), WebTrader
📌 OS CompatibilityWindows, MacOS, iOS, Android
📍 Forex Trading ToolsTechnical analysis tools, Expert Advisors (EAs), VPS hosting
🔊 Live Chat✅Yes
💌 Support Emailglobal@eightcap.com
☎️ Contact Number+61 3 8592 2375
🐦 Social MediaFacebook, Twitter, LinkedIn, YouTube
🗯️ LanguagesEnglish, Chinese, Arabic, Spanish, and others
✏️ Forex Course✅Yes
📔 Webinars✅Yes
📚 EducationMarket analysis, guides, tutorials
🫰🏻 Affiliate Program✅Yes
🤝 IB Program✅Yes
🫶 Acts as Sponsor✅Yes
⭐ Rebate Program✅Yes
🚀Open an Account👉 Open Account

 

Frequently Asked Questions

 

Can I use Expert Advisors (EAs) on Eightcap?

Yes, Expert Advisors (EAs) are supported on MetaTrader platforms.

 

Does Eightcap offer an affiliate program?

Yes, Eightcap has an affiliate program.

 

Is there an Islamic account option at Eightcap?

Yes, Eightcap offers Islamic accounts.

 

Which deposit options are available at Eightcap?

Eightcap accepts bank transfers, credit/debit cards, eWallets (Skrill, Neteller), and Bitcoin.

 

Our Verdict

Eightcap is also a solid choice for beginners, offering a user-friendly platform, demo accounts, and educational resources, such as forex courses and webinars. The minimum deposit of just $100 is accessible, and the low fees and instant deposit processing add to the appeal. However, the broker’s regulatory coverage, limited mainly to Australia and St. Vincent and the Grenadines, might raise concerns for those looking for a fully regulated global entity.

 

Overall Rating

Min Deposit

USD 100 

Regulators

ASIC, SCB, CySEC, FCA

Trading Platform

MT4, MT5, TradingView (Eightcap FCA entity is the only dedicated, specialist TradingView broker in the UK)

Crypto

Yes * Not offered by FCA entity

Total Pairs

45

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Safety and Security

Eightcap is a globally recognized CFD broker established in 2009, originally founded in Melbourne, Australia. Known for its commitment to delivering exceptional financial services, Eightcap has gained recognition for providing a seamless trading experience with competitive spreads, a wide range of instruments, and strong customer support.

With regulation in multiple jurisdictions, including ASIC, FCA, CySEC, and SCB, Eightcap strives to maintain a safe and trustworthy environment for traders worldwide. The broker’s focus on customer satisfaction, advanced trading tools, and educational resources make it a top choice for traders at all levels.

 

Frequently Asked Questions

 

Is Eightcap regulated?

Yes, Eightcap is regulated by ASIC (Australia), FCA (UK), CySEC (Cyprus), and SCB (Bahamas), ensuring a secure trading environment across multiple jurisdictions.

 

What awards has Eightcap received?

Eightcap has received numerous accolades, including Broker of the Year 2023 at the Global Forex Awards and Best Forex Trading Support in 2021 and 2022.

 

What is Eightcap’s mission?

Eightcap’s mission is to empower traders by providing cutting-edge technology, personalized service, and a trustworthy trading environment for a seamless trading experience.

 

What customer service recognitions has Eightcap received?

Eightcap has been awarded Best Customer Service Broker in 2021 by Global Brands Magazine and Best Forex Trading Support (2021 and 2022) by the Global Forex Awards.

 

Our Verdict

Eightcap demonstrates a strong commitment to safety and security through its regulation across multiple reputable jurisdictions, including ASIC, FCA, CySEC, and SCB. This ensures that the broker operates under strict guidelines that prioritize the protection of clients’ funds and fair trading practices.

The broker also offers account segregation, negative balance protection, and investor protection schemes, further enhancing its security measures. With these regulatory standards and safeguards in place, Eightcap offers a reliable and secure environment for traders.

 

Overall Rating

Min Deposit

USD 100 

Regulators

ASIC, SCB, CySEC, FCA

Trading Platform

MT4, MT5, TradingView (Eightcap FCA entity is the only dedicated, specialist TradingView broker in the UK)

Crypto

Yes * Not offered by FCA entity

Total Pairs

45

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Partnership Options

Eightcap Partners offers a robust affiliate program that allows you to collaborate with a globally trusted CFD broker. With over 20 years of affiliate marketing experience, Eightcap provides partners with exceptional marketing and operational support. As a leading provider in the Forex industry, Eightcap boasts a solid reputation and a global client base.

Their partnership program focuses on high conversion rates, flexible remuneration, and access to a wide range of tools to enhance your business. With low spreads and a reliable trading platform, Eightcap is an ideal partner for affiliates looking to take their business to the next level.

 

Frequently Asked Questions

 

What is Eightcap Partners?

Eightcap Partners is an affiliate program that allows businesses and marketers to partner with Eightcap, a trusted CFD broker, to earn commissions by bringing in new clients.

 

What support does Eightcap Partners provide?

Eightcap Partners offers comprehensive support, including marketing strategies, design development, reporting systems, and operational tools to help affiliates succeed.

 

What makes Eightcap a trusted partner?

Eightcap is a globally recognized broker with over 20 years of experience in the industry, offering low spreads, reliable infrastructure, and strong client support.

 

How does the Eightcap partnership program work?

The program offers flexible remuneration and high conversion rates, with partners benefiting from access to marketing tools like trading indicators, EAs, and trading competitions.

 

Our Verdict

Eightcap Partners is an excellent choice for anyone looking to build a successful affiliate business. With over two decades of affiliate marketing experience and access to comprehensive marketing and operational support, Eightcap provides partners with the tools they need to succeed.

The program’s focus on high conversion rates and flexible remuneration, coupled with a globally trusted broker and a reliable trading platform, makes Eightcap a top-tier option for affiliate marketers looking to grow their business.

 

Overall Rating

Min Deposit

USD 100 

Regulators

ASIC, SCB, CySEC, FCA

Trading Platform

MT4, MT5, TradingView (Eightcap FCA entity is the only dedicated, specialist TradingView broker in the UK)

Crypto

Yes * Not offered by FCA entity

Total Pairs

45

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Minimum Deposit and Account Types

Eightcap provides a flexible and accessible range of accounts, each designed to cater to different trading needs. With a low minimum deposit of $100, these accounts are suitable for traders of all levels, from beginners to professionals. The ability to choose between raw spreads, commission-free trading, or access to advanced charting tools ensures that traders can select the account type that best fits their strategy.

The compatibility with EAs and scalping makes these accounts versatile for various trading styles, and the demo account feature offers a risk-free opportunity to explore Eightcap’s platform.

 

Frequently Asked Questions

 

What is the minimum deposit required for each account type?

The minimum deposit for all account types (Raw, Standard, and TradingView) is $100.

 

Which account type is best for beginners?

The Standard Account is ideal for beginners, as it offers commission-free trading and spreads starting from 1.0 pips, making it easier to understand and manage costs.

 

What’s the difference between the Raw Account and Standard Account?

The Raw Account has spreads starting from 0.0 pips but charges a commission, making it ideal for more experienced traders seeking tighter spreads. The Standard Account, on the other hand, has spreads starting from 1.0 pips but is commission-free, making it more straightforward for casual traders.

 

Can I use Expert Advisors (EAs) with these accounts?

Yes, all account types—Raw, Standard, and TradingView—are compatible with Expert Advisors (EAs), allowing for automated trading.

 

Our Verdict

Eightcap provides excellent flexibility with a low minimum deposit of $100 for all account types, making it accessible to traders of all experience levels.

 

Overall Rating

Min Deposit

USD 100 

Regulators

ASIC, SCB, CySEC, FCA

Trading Platform

MT4, MT5, TradingView (Eightcap FCA entity is the only dedicated, specialist TradingView broker in the UK)

Crypto

Yes * Not offered by FCA entity

Total Pairs

45

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

How to open an Eightcap Account

 

1. Step 1: Visit the Eightcap Website

Go to the official Eightcap website: https://www.eightcap.com.

 

2. Step 2: Click on “Open Account”

On the homepage, you’ll find the “Open Account” button. Click on it to start the registration process.

 

3. Step 3: Fill in Your Details

You will be prompted to fill in your personal information, including:

 

  • Full name
  • Email address
  • Phone number
  • Residential address
  • Date of birth (to verify that you are over 18 years old)

 

4. Step 4: Choose Your Account Type

Select the account type that best suits your trading needs:

 

  • Raw Account (for tight spreads and commissions)
  • Standard Account (commission-free, simple pricing)
  • TradingView Account (for advanced charting and analysis)

 

5. Step 5: Upload Verification Documents

To comply with regulatory requirements, you’ll need to upload the following documents:

 

  • Proof of identity (passport, driver’s license, or national ID card)
  • Proof of address (a utility bill, bank statement, or government-issued letter)

 

6. Step 6: Fund Your Account

Once your account is verified, you can deposit funds into your account. The minimum deposit is $100, and you can choose from several payment methods:

 

  • Bank transfer
  • Credit/Debit card
  • eWallets (Skrill, Neteller, etc.)
  • Bitcoin

 

After funding your account, you’re ready to start trading. You can download the MetaTrader 4 (MT4) or MetaTrader 5 (MT5) platforms or use the WebTrader. You can also try a demo account before you start live trading.

 

Overall Rating

Min Deposit

USD 100 

Regulators

ASIC, SCB, CySEC, FCA

Trading Platform

MT4, MT5, TradingView (Eightcap FCA entity is the only dedicated, specialist TradingView broker in the UK)

Crypto

Yes * Not offered by FCA entity

Total Pairs

45

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Trading Platforms and Tools

Eightcap offers three platforms: TradingView, MetaTrader 5 (MT5), and MetaTrader 4 (MT4), each catering to different trader needs.

 

  • TradingView: Web-based with advanced charting, 100+ indicators, 1,000+ symbols, and a strategy tester.
  • MetaTrader 5 (MT5): Advanced version of MT4 with 21 timeframes, 38 indicators, and unlimited symbols, perfect for multi-market trading.
  • MetaTrader 4 (MT4): A popular, user-friendly platform with 9 timeframes, 30 indicators, and 1,024 symbols, ideal for beginners.

 

All platforms are available on Windows, macOS, iOS, Android, and Web browsers.

 

Frequently Asked Questions

 

Which platform is best for advanced charting and analysis?

TradingView is the best choice for advanced charting and analysis, with over 100 indicators and a strategy tester for optimizing trading strategies.

 

Can I use MetaTrader 4 or MetaTrader 5 on my mobile device?

Yes, both MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are available for mobile devices (iOS and Android), allowing you to trade on the go.

 

Is there a strategy tester available on TradingView?

Yes, TradingView includes a strategy tester, which allows traders to backtest and optimize their strategies.

 

Are the platforms available on all devices?

Yes, all three platforms (TradingView, MetaTrader 4, and MetaTrader 5) are available on Windows, macOS, iOS, Android, and Web browsers.

 

Our Verdict

Eightcap offers a variety of top-tier trading platforms, each designed to cater to different types of traders. TradingView stands out for its comprehensive charting tools and strategy tester, making it ideal for traders who focus on technical analysis.

 

Overall Rating

Min Deposit

USD 100 

Regulators

ASIC, SCB, CySEC, FCA

Trading Platform

MT4, MT5, TradingView (Eightcap FCA entity is the only dedicated, specialist TradingView broker in the UK)

Crypto

Yes * Not offered by FCA entity

Total Pairs

45

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Markets Available for Trade

Eightcap offers a broad range of over 800+ instruments across multiple asset classes, allowing traders to access some of the most popular markets globally. Whether you’re interested in forex pairs like EUR/USD, commodities like Gold, or indices such as Nasdaq and Wall Street 30, Eightcap has a diverse selection to meet your trading needs.

Traders can enjoy tight spreads (some as low as 0 pips), enabling cost-effective trading across major markets.

 

Frequently Asked Questions

 

What forex pairs can I trade on Eightcap?

You can trade popular forex pairs such as EUR/USD, GBP/USD, and USD/JPY, with spreads starting as low as 0 pips.

 

What commodities are available for trading?

Eightcap offers Gold (XAU/USD) with a spread of 1.2 pips and WTI Crude Oil (USOUSD) with spreads starting from 3 pips.

 

Which indices can I trade on Eightcap?

You can trade indices like US30 (Wall Street 30 Cash), NDX100 (Nasdaq Cash), and UK100 (UK 100 Cash), with spreads starting from 12 pips.

 

Are there any other instruments available for trading?

Yes, Eightcap also offers cryptocurrencies, providing access to popular digital assets along with forex, commodities, and indices.

 

Our Verdict

Eightcap stands out for its extensive selection of 800+ instruments, covering major forex pairs, commodities, indices, and cryptos. With competitive spreads and access to some of the most liquid markets globally, it’s an ideal platform for traders looking for diversity and low-cost trading. Whether you’re a beginner or an experienced trader, Eightcap’s range of assets ensures that you’ll find markets that align with your trading strategies.

 

Overall Rating

Min Deposit

USD 100 

Regulators

ASIC, SCB, CySEC, FCA

Trading Platform

MT4, MT5, TradingView (Eightcap FCA entity is the only dedicated, specialist TradingView broker in the UK)

Crypto

Yes * Not offered by FCA entity

Total Pairs

45

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Fees, Spreads, and, Commissions

Eightcap offers competitive and transparent pricing with a variety of account types suited to different trading preferences. The Raw Account provides the lowest spreads starting from 0.0 pips but includes a commission, while the Standard and TradingView accounts offer commission-free trading with slightly higher spreads.

The flexibility of choosing between commission-based or commission-free accounts makes Eightcap an appealing choice for traders who value transparency and cost-effectiveness. Additionally, scalping and EA usage are fully permitted, which enhances the overall trading experience.

 

Frequently Asked Questions

 

What are the spreads on each account type at Eightcap?

The Raw Account offers spreads from 0.0 pips, while both the Standard Account and TradingView Account have spreads from 1.0 pips.

 

Are there any commissions on the Standard Account or TradingView Account?

No, both the Standard Account and TradingView Account have no commission, except for shares, which include a commission.

 

What is the commission on the Raw Account?

The Raw Account charges a commission of 3.5 AUD, USD, NZD, SGD, CAD per lot, or 2.25 GBP, 2.75 EUR per standard lot.

 

Do I pay additional fees for scalping or using EAs?

No, scalping and the use of Expert Advisors (EAs) are allowed on all account types without additional fees.

 

Our Verdict

Eightcap offers competitive and transparent pricing with a variety of account types suited to different trading preferences. The Raw Account provides the lowest spreads starting from 0.0 pips but includes a commission, while the Standard and TradingView accounts offer commission-free trading with slightly higher spreads.

 

Overall Rating

Min Deposit

USD 100 

Regulators

ASIC, SCB, CySEC, FCA

Trading Platform

MT4, MT5, TradingView (Eightcap FCA entity is the only dedicated, specialist TradingView broker in the UK)

Crypto

Yes * Not offered by FCA entity

Total Pairs

45

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Deposit and Withdrawal

Eightcap offers a wide variety of deposit and withdrawal options, allowing traders to fund their accounts quickly and conveniently. With methods like Visa/Mastercard, PayPal, Wire Transfer, Skrill, Neteller, and Cryptos (Bitcoin, USDT), there’s a solution to suit traders across the globe. Most deposits are instant, while withdrawals typically take 1-5 business days depending on the method chosen. Eightcap does not charge internal fees for transactions, though third-party fees may apply.

 

Frequently Asked Questions

 

What deposit methods are available on Eightcap?

You can deposit using Visa/Mastercard, PayPal, Wire Transfer, Skrill, Neteller, Cryptos (Bitcoin, USDT), and more.

 

Are there any fees for deposits and withdrawals?

Eightcap does not charge internal fees, but third-party payment providers may impose fees, which are passed on to the user.

 

How long does it take for a withdrawal to process?

Withdrawals generally take 1-5 business days, depending on the method used.

 

Can I withdraw to a different payment method than my deposit?

Withdrawals are processed using the same method as the deposit. If multiple methods were used for deposits, funds may first be returned to the originating method.

 

Our Verdict

Eightcap offers convenient and flexible funding options, including instant deposits through a range of methods. With no internal fees for deposits and withdrawals and a variety of global payment options, the platform ensures easy access to your funds.

The processing times are reasonable, and the availability of different payment methods makes it easy for traders to manage their accounts from anywhere.

 

Overall Rating

Min Deposit

USD 100 

Regulators

ASIC, SCB, CySEC, FCA

Trading Platform

MT4, MT5, TradingView (Eightcap FCA entity is the only dedicated, specialist TradingView broker in the UK)

Crypto

Yes * Not offered by FCA entity

Total Pairs

45

Islamic Account

No

Trading Fees

Low

Account Activation

24 Hours

 

Eightcap Review

 

Customer Reviews

 

🥇 Great Broker for Active Traders

I’ve been using Eightcap for over a year, and I have to say, their trading conditions are fantastic. The spreads are super tight, and the execution speed is lightning-fast. The leverage options are also great for my strategy, and I appreciate the variety of CFDs they offer. A top choice for anyone serious about trading. – Zac

 

🥈 Perfect for Beginners

As a beginner, I was looking for a broker that could offer solid educational resources and a user-friendly platform. Eightcap has been amazing! The demo account helped me get started, and their webinars and tutorials have been a huge help in my learning process. The low minimum deposit also made it easy for me to start trading without a big commitment. – Aaron

 

🥉 Solid Customer Support and Reliable Trading.

I’ve been trading with Eightcap for a few months now, and I’m very impressed with their customer service. They’re always quick to respond and super helpful. The platform is stable, and the withdrawal process is smooth with no extra fees. It’s a reliable broker with everything you need to trade confidently. – Nick 

 

EightCap

 

Pros and Cons

 

✅Pros❌Cons
Low Forex FeesLimited Product Selection
Quick Account ApplicationLimited Research
Free Deposit and WithdrawalLack of Investor Protections

 

Conclusion

Eightcap stands out as a competitive broker, offering low spreads, multiple account options, and a wide array of instruments suitable for both professionals and beginners. While the regulatory coverage is somewhat limited, Eightcap’s extensive range of tools, educational resources, and excellent customer support make it a compelling option for most traders.

If you’re seeking a broker with access to advanced features and a low-cost trading environment, Eightcap is certainly worth considering.

 

You might also like:

 

 

Frequently Asked Questions

 

What is Eightcap’s minimum deposit?

The minimum deposit is USD 100.

 

Is Eightcap regulated?

Yes, Eightcap is regulated by ASIC, FCA, CySEC, and SCB.

 

Does Eightcap offer demo accounts?

Yes, Eightcap provides demo accounts for practice.

 

What trading platforms does Eightcap offer?

Eightcap offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and WebTrader.

 

Can I trade on Eightcap as a beginner?

Yes, Eightcap is suitable for beginners, offering educational resources and a user-friendly platform.

 

What is the maximum leverage available at Eightcap?

The maximum leverage is up to 500:1.

 

Are there any withdrawal fees at Eightcap?

No, there are no withdrawal fees at Eightcap.

 

What types of accounts are available at Eightcap?

Eightcap offers retail, institutional, and managed accounts.

 

Can I trade CFDs on Eightcap?

Yes, Eightcap offers over 1,000 CFDs including stock indices, commodities, and shares.

 

Does Eightcap offer VPS hosting?

Yes, VPS hosting is available for traders.

Author Details

Picture of Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

Table of Contents

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