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Eightcap Review 2025

  • Leverage: 1:500

  • Regulation: ASIC, SCB, CySEC, FCA

  • Min. Deposit: 100 US$

  • HQ: Australia

  • Platforms: MT4, MT5, TradingView

  • Found in: 2009

Eightcap Licenses

  • Eightcap Pty Ltd - authorized by ASIC (Australia) registration ABN 73 139 495 944  AFSL 391441
  • Eightcap Global Limited - authorized by SCB (The Bahamas) registration SIA-F220
  • Eightcap EU Ltd  - authorized by CySEC (Cyprus) registration HE 329922
  • Eightcap Group Ltd - authorized by FCA (UK) registration FRN 921296
  1. What is Eightcap?
  2. Eightcap Pros and Cons
  3. Regulation and Security Measures
  4. Account Types and Benefits
  5. Cost Structure and Fees
  6. Trading Platforms and Tools
  7. Trading Instruments
  8. Deposit and Withdrawal Options
  9. Customer Support and Responsiveness
  10. Research and Education
  11. Portfolio and Investment Opportunities
  12. Account Opening
  13. Additional Tools And Features
  14. Eightcap Compared to Other Brokers
  15. Full Review of Broker Eightcap
Overall Rating 4.5
Regulation and Security4.7 / 5
Account Types and Benefits4.3 / 5
Cost Structure and Fees4.4 / 5
Trading Platforms and Tools4.5 / 5
Trading Instruments4.6 / 5
Deposit and Withdrawal Options4.4 / 5
Customer Support and Responsiveness4.5 / 5
Research and Education4.2 / 5
Portfolio and Investment Opportunities4 / 5
Account opening4.5 / 5
Additional Tools and Features4.5 / 5

What is Eightcap?

Eightcap is an Australian incorporated brokerage company, Forex and CFD Broker which brings a transparent pricing model since 2009 through low rates of variable spreads with quotes that are coming from numerous leading banks or institutions and performed via technological solutions through Equinix servers.

Where is Eightcap based?

Eightcap performs a global operation through their reputable Australian HQ and other international office based in the Bahamas.  Eightcap maintains a home for MT4 and MT5 traders and aims to provide them with a personalized trading experience. This broker gives access to the most popular financial instruments, all with rapid execution and low spreads, via the award-winning MetaTrader platforms.

Apart from offering to retail clients, this broker also brings technological advantages and partnership opportunities to affiliates, IBs, and influencers.

Eightcap Review

EightCap Pros and Cons

EighCap is a reliable broker, also provides good technological base for trading, costs are good and there is great research included in MT4 platform. Instruments are widely presented, and you can withdraw fund using various methods, which overall is quite a good established offering with our opinion. 

From the negative points, there is no advanced learning materials essential for beginners but rather some basic education, also no 24/7 support centers, besides mainly accounts are opened under Bahamas entity which does not provide high customer security like ASIC based EightCap.

AdvantagesDisadvantages
Regarded broker with good reputationConditions and trading costs vary according to entity
Wide range of instruments availableEducation is limited
Low Spreads for Forex No 24/7 Support
Good Platform selection
Professional Research

Eightcap Features

Eightcap is a Forex and CFD broker that offers a good range of features tailored to meet the needs of traders of different experience levels, as well provides a reliable and trustworthy trading environment focused on transparency and security due to its establishments.  Here are the main features in 10 points to help traders assess the broker’s offerings: including Trading Platforms, Instrument Range, Account Types, Fee Structure, Customer Support, etc.

EightCap Features in 10 Points
🗺️ RegulationASIC, SCB, CySEC, FCA
🗺️ Account TypesStandard Account, Raw Account, TradingView Account
🖥 PlatformsMT4, MT5, TradingView
📉 InstrumentsCurrencies, oil, gold, silver, global indices, shares and cryptocurrencies
💳 Minimum deposit$100
💰 Average EUR/USD Spread1.0 pips on Standard Account
🎮 Demo AccountAvailable
💰 Account Base currenciesAUD, USD, EUR, GBP, NZD, CAD, SGD
📚 Trading EducationAnalysis and research
☎ Customer Support24/5

Who is Eightcap For?

Our research shows that Eightcap is suitable for traders interested in forex, CFDs, and cryptocurrency trading. The broker stands out for its broad range of financial instruments, trading tools, and features. Traders rely on good platforms like MetaTrader 4, MetaTrader 5, and TradingView with great charting and analysis. Also, the broker is a good choice for those who prefer ASIC- and FCA-regulated brokers and prioritize a secure trading environment. Based on our findings EightCap is Good for:

  • Forex Traders
  • Traders who prefer MT4 or MT5 platform
  • TradingView Access
  • EAs running
  • Long Term Trading
  • Raw Spread Trading
  • Trading Analysis
  • Traders with Variety of Trading Strategies

Eightcap Summary

EighCap stands as a trusted and regulated trading service provider with a good business model built on simple trading, without making complicated or confusing choices, yet providing good conditions. Their main offering is the technological solution of execution through powerful servers with centralized integration, competitive pricing provided by leading institutions, and access through the powerful features of popular platforms MT4 and MT5 along with accounts suited for various strategies.

The minimum deposit is at low level require only 100$ at the start, yet no like other Brokers with No Minimum Deposit. The only valuable gap though is the lack of deep learning materials which the company does not have, however, their support centers are showing great performance, and the provided Analysis is quite professional.

55Brokers Professional Insights

Eightcap stands out for its quality trading offering overall, with most important points all at the place. While the company is with great reliability score due to its multiple regulations and proven record of stability the trading conditions are overall good too. These include the availability of reliable platforms like MetaTrader 4, MetaTrader 5, and TradingView, making it a better choice for professional traders who depend largely on advanced charting analysis and automated trading strategies. Another point we admit great is latest Research and Trading Tools equipped with AI, Capitalise.ai designed by Eightcap is a great and easy way for autotraders without need of complicated codes. The smooth execution and great speeds weon our tests place Eightcap as efficient for active traders, especially those who favor high-frequency trading and price action strategy.

Eightcap is also good for its trading costs, providing mostly average and low spreads or commissions if you prefer a commission account. The diversification of instruments is provided too, also good for Cryptot Trading on CFDS since we find range pretty good compared to others. Yet, if you do not prefer thousands of instruments, in that case better optimize other broker. Lastly, complete beginners might not feel very comfortable since no trading courses or comprehensive education available, yet if you pass the course elsewhere EightCap still great for overall trading conditions suitable for novice traders.

Consider Trading with Eightcap If:

Eightcap is an excellent Broker for:- Looking for access to industry-leading platforms like MetaTrader 4, MetaTrader 5, and TradingView - Looking for Advanced Research tools powered by AI - Interested in automated trading - Want to trade a diverse range of assets, including forex, commodities, indices, shares, and over 250 cryptocurrency CFDs - Prioritize low-cost trading - For Spread Based account and low spread - Look for raw spread accounts offering with competitive commissions - Prefer brokers regulated by top-tier authorities - Fast execution good for scalpers and high-frequency traders - MAM and PAMM Trading

Avoid Trading with Eightcap If:

Eightcap might not be the best for:- U.S., Canada, Japan, Iran, North Korea residents - Look for 24/7 support - Beginners looking for profound educational materials and courses

Regulation and Security Measures

Score – 4.7/5

Eightcap Regulatory Overview

Eightcap is a low-risk trading broker due to a strict regulatory or compliance culture, holding a reputable license and following regulations set by the Australian Securities and Investments Commission (‘ASIC’), a recognized world authority that regulates Forex and the trading industry.

Also, Eightcap is a brand of Eightcap Group Ltd which is authorised and regulated by the Financial Conduct Authority, FRN 921296. Eightcap Group Ltd is a company registered in England and Wales with registration number 12448314.

In addition to its Australian solid foundation, Eightcap is also expanding its global presence, establishing entities to serve traders all over the world. In this respect, its Cyprus-based entity, regulated by the Cyprus Securities and Exchange Commission (CySEC) ensures compliance with the stringent European standards.

  • Since Eightcap serves an additional entity that serves global clients from its offshore branch based in the Bahamas almost all International traders can open an account under this entity. Of course, we do not recommend trading with solely offshore brokers, however, since Eightcap also holds a reputable license from ASIC it means the broker is sharply regulated in terms of its operation.

How Safe is Trading with Eightcap?

Through its Australia-regulated entity, Eightcap meets the highest standards of corporate governance, financial reporting, and disclosure. Similar are FCA and CySEC regulations with tight safety trading rules, while the International branch follows lower requirements due to regulations. So it means that safety measures are applicable based on the EghtCap entity you trade.

All retail client funds are kept separately from business funds in segregated bank accounts with an AA-rated banking institution. Furthermore, Eightcap provides additional protection through a professional indemnity insurance policy, which offers peace of mind and trustworthy cooperation.

Consistency and Clarity

Through its consistency and clarity, Eightcap has earned a reputation for reliability in trading services. Being regulated by several top-tier authorities such as ASIC and FCA, also CySEC, Eightcap provides a secure and stable environment for traders, also is quite clear in its proposals
Eightcap puts a major emphasis on delivering consistent and reliable services, combining them with a transparent approach to pricing, excellent features, and good communication along time. Thus, Eightcap is good for those who prioritize stability and integrity in their trading environment. In addition to the broker’s regulatory measures, Eightcap has also earned its name among traders as a good-standing broker with great opportunities for secure investment, as we notice on most of the Real Traders Reviews about EighCap and their scores.

Account Types and Benefits

Score – 4.3/5

Which Account Types Are Available with Eightcap?

Eightcap offers a choice between two account types- Standard, and Raw Accounts suited for different trading styles, also additional TradingView account for traders who prefer this software. In our opinion, although Eightcap doesn’t offer a broad selection of account types, yet main offering still offer flexibility and cater to a wide range of traders since the main choice of account based on spread or commission is available.

See our comparison of the account types below highlighting the key differences between them:

Standard Account

The Eightcap Standard account offers commission-free trading (excluding shares), with spreads starting as low as 1.0 pips and a minimum trade size of 0.00 lots. The minimum deposit to start is $100, while Eightcap leverage depends on the entity under which the account is opened. The account provides access to all available trading instruments and are compatible with EAs. Standard accounts are good for beginner traders, those who prefer the simplicity of built-in costs, and traders who want to start with smaller capital, also prefer Fee structure on spreads.

Raw Account

On the other hand, the Raw Account is more suitable for professional traders or those prefer commission based Fees, since spreads are based on interbank quotes from 0.0 pips with a commission-based system. For Forex trading, the commission is $3.50 per lot on buying and selling. The Raw Account is designed more for either those who mainly trade forex CFDs or for experienced traders who prefer precise trading conditions.

TradingView Account

With a TradingView account, traders become a part of the world’s largest trading network and get advanced charting packages and hundreds of technical analysis tools on specified trading platform TradingView. Known for its intuitive interface and flexibility also solely based online, TradingView Account enables traders to create indicators based on their own needs and ideas and automate their trading systems with Pine Script, the proprietary language of the platform. Also, the account type offers Daily trade ideas and webinars. To start with TradingView is required $100 deposit, also fees are similar to Standard Account.

Regions Where Eightcap is Restricted

Based on the information Eightcap provides on its website, the broker does not accept clients from the following countries due to regulatory and legal requirements:

  • US
  • Canada
  • Pakistan
  • North Korea
  • Lebanon
  • Libya
  • Panama
  • Somalia
  • Sudan
  • Russian Federation

Cost Structure and Fees

Score – 4.4/5

Eightcap Brokerage Fees

Eightcap fee structure largely depends on the account type and the asset class traded. Here is a breakdown of Eightcap’s cost structure, with a focus on spreads, commissions, swap fees, etc.

  • Eightcap Spreads

We found that Eightcap spreads depend on the account type chosen. The Standard account Spreads on EUR/USD start from 1 pip, a similar fee structure with the same quotes is available on the Eightcap TradingView Account. While the Raw Account proposes spreads from  0.0 pips charging a commission for every order.

  • Eightcap Commissions

Eightcap charges commissions only for its Raw Account. This account type is designed with spreads starting from, 0.00 pips, but it comes with a commission of $3.50 per side per lot. This price structure is especially appealing for scalping, day trading, or high-frequency trading strategies and is great at times of high volatility or fast market movements.

  • Eightcap Rollover/Swaps

Eightcap, in addition to the main fees, also incurs Rollover or overnight fees, which are applied for holding a position overnight in certain markets in CFDs like indices, commodities, or cryptocurrencies. Also, note that Swaps are dynamic and changeable, depending on the interest rates and market conditions.

How Competitive Are Eightcap Fees?

As a result of our testing Eightcap fees are ranked average and low. The Forex spread is on low level starting at 1.0 pips which is considered lower compared to 500 other Brokers. Yet, we found fees for Stocks slightly higher than average, while commission based account is also a competitive option mainly in line with industry proposals too. See below for your comparison most traded instruments. With no hidden fees, transparent commissions, and tight spreads Eightcap remains a competitive fee structure and is considered an appealing choice.

AssetEightcap SpreadHFM SpreadAvaTrade Spread
EUR USD Spread1 pips0.6 pips0.9 pips
Crude Oil WTI Spread3 pips4 cents3 cents
Gold Spread1.2 pips0.16 $0.27
BTC USD Spread170360.10%

Eightcap Additional Fees

In addition to the main fees like spreads, commissions, and swaps, Eightcap also charges some additional fees which often depend on the trading habits and preferences. However, unlike many other brokers, Eightcap does not impose Inactivity fees, which in itself is an advantage.

Withdrawal Fees

For its most withdrawal methods, Eightcap does not charge any withdrawal fee. Yet, specifically for international transfers through banks, there might be additional fees, depending on the trader’s location and the traded currencies.

Currency Conversion Fees

If you trade in a currency different from your account’s base currency, you may be subjected to currency conversion fees. This cost is generally passed on by the payment provider, but it’s something to keep in mind if you deposit or withdraw in different currencies.

TradingView Account Fees

Traders using advanced platforms like TradingView or specialized advanced tools might face additional fees. This only refers to the additional platform, as the basic trading platforms like MT4/MT5 are free to use.

Trading Platforms and Tools

Score – 4.4/5

With Eightcap, the trader will have access to MetaTrader 4 and the newer MT5 platform, offering a broader range of features and tools. Also, Traders now have access to TradingView, which enables traders to set up a multi-monitor workspace. This combination of platforms allows for a more flexible trading experience.

PlatformsEightcap PlatformsInstaForex PlatformseToro Platform
MT4YesYesNo
MT5YesYesNo
TradingViewYesNoNo
Own PlatformYesYesYes
Mobile AppYesYesYes

Eightcap Web Platform

The web-based trading with Eightcap allows access to MetaTrader 4 and MetaTrader 5 platforms with no need to download or install any software. The web platform is great in terms of the functionality of MT4 and MT5. It includes real-time pricing, multiple order types, and analysis tools. Besides, there is a high security with SSL encryption in place to protect data and transactions.

Main Insights from Testing

Some of the features standing out when using the Eightcap web-based platform are straightforwardness, efficiency, and user-friendly interfaces with customizable charting. The platform is good for all strategy types and experience levels. Regardless of the account type, all traders have the same professional conditions to trade, as well as support from the company for any requirement.

Eightcap Desktop MetaTrader 4 Platform

Eightcap MetaTrader 4 enables traders to enjoy flexibility to its fullest, by granting access to CFDs with up to 6 types of pending orders and Market execution. Besides, traders can follow the market movement through trading robots, tracking financial instruments 24/5. MT4’s analytical functions include 30 built-in indicators, 2,000 free custom, and about 700 paid indicators. The MT4 platform follows the highest security standards, deploying 129-bit encryption for transfers between brokers’ servers and clients’ terminals. The platform also uses the RSA digital signatures and an advanced SSL certification process. At last, Eightcap MetaTrader 4 offers 24 analytical objects, such as lines, channels, the Gann and Fibonacci tools, shapes, and arrows.

Eightcap Desktop MetaTrader 5 Platform

The MetaTrader 5 trading platform presents a powerful and adaptive trading system, and extended capabilities of market depth with a separate accounting of orders and trades, including full support for trading operations and execution. Eightcap MT5 enables the examination of short-term price fluctuations along with long-term trends and provides up to 100 charts to monitor the preferred instruments, with a charting system of 21 time-frames.

Also MT5 is known for over 80 built-in technical indicators, MT5’s economic calendar with 600+ macroeconomic indicators of the 15 largest global economies, including the USA, Europe, Japan, Canada, Australia, and China, makes the platform a perfect choice for advanced trading and top-notch experience.  Moreover, the MT5 desktop platform has an intuitive interface, it offers a powerful programming language MQL5 for custom indicators and trading robots creation.

Eightcap MobileTrader App

Equipped with real-time market data and charting capabilities, push notifications, and price alerts, Eightcap MobileTrader App offers a smooth trading experience on the go. The app supports both MetaTrader 4 and MetaTrader 5. With access to range of trading instruments and order types, users execute seamless trades and manage their accounts, following the latest data. All in all, the Eightcap MobileTrader App is a user-friendly option for all types of traders, who want to monitor their trades without interruption.

Main Insights from Testing

The MobileTrader software of Eightcap is a good offering with a full range of trading tools, advanced charting, and real-time data. Trades become easier and more comfortable thanks to the simple interface. Also, the availability of both iOS and Android devices makes the app more popular among traders. The only thing to consider is the possibility of certain limitations compared to the WebTrader and the desktop platform.

TradingView Platform

With the Eightcap TradingView platform traders can enhance their trading experience. TradingView is available for Windows, Mac, and Linux, providing access to a vast range of leading technical and popular 100,000 community-built indicators, 15+ customizable charts, and even 90+ smart drawing tools. The platform also enables setups on price levels, indicators, and custom indicators. Besides, due to the Social trading features of the platform a good range of strategies and trading ideas are available in a social community to boost traders’ market knowledge and trading skills.

EightCap platform

Trading Instruments

Score – 4.5/5

What Can You Trade on Eightcap Platform?

Our research on Eightcap’s available instruments shows that the broker offers 800+ instruments, which is considered a rather good offering. The broker also constantly expands its proposal, which is another plus. For instance, it extended its Stock CFD Range by adding ASX Share CFDs, NASDAQ Share CFDs, NYSE Share CFDs, LSE Share CFDs, and German Share CFDs.

The available Eightcap trading products are mainly offered on a CFD basis and include the following, yet notice instrument range based on the entity you trade, alike Cryptos are not available in the UK:

  • Forex CFDs
  • Commodity CFDs
  • Index CFDs
  • Share CFDs
  • Cryptocurrency CFDs

Main Insights from Exploring Eightcap’s Tradable Assets

When investigating Eightcap’s tradable assets, we discovered that the broker accommodates mainly all types of traders, offering them a wide range of trading instruments, about 800+ with popular assets available. Range is a notably extensive selection, yet still lower if compared to other Brokers with thousands of instruments available, showing Broker mainly focus on a broad range of traders looking for popular trading products rather than providing some more unique opportunities.

Both short-term and long-term traders will benefit from investing with Eightcap, as it will provide them access to liquid markets such as Forex and cryptocurrencies, also suitable for Long-term traders alike for strategic investments. To sum up, the availability of large amounts of tradable assets at Eightcap makes it easy for traders to diversify their trading and explore the market further.

Leverage Options at Eightcap

One of the great features of Forex trading is an allowance to use leverage, which may increase the potential gains. The maximum leverage available with Eightcap on Forex pairs can go up to 1:500 but based on entity regulation you trade through, which is good for experienced traders, who want to increase their exposure by investing smaller capital.

Typically, to trade cryptocurrency investors are allowed lower leverage (up to 100:1), due to the market’s high volatility, for stocks and indices the leverage options vary from 1:20 to 1:200, depending on factors such as the entity, and the specific instruments traded. Investors need to manage leverage wisely, as it can significantly impact trading outcomes.

Eightcap Leverage has specific restrictions according to the trading size you operate and the entity you trade.

  • Eightcap Australia allows leverage of up to 1:30
  • International Traders may access high leverage up to 1:500
  • For Crypto trading, the leverage allowed is 1:100
  • Stock and Indices traders have access to leverage up to 1:200

Deposit and Withdrawal Options

Score – 4.4/5

Deposit Options at Eightcap

The payment methods to fund the trading account which allows you to transfer from Demo trading to Live include various funding methods:

  • Bank Transfers
  • Card Payments
  • Instant deposits through Skrill, Neteller, China UnionPay, and Bank Wire Transfers.

Eightcap Minimum Deposit

Eightcap’s Minimum deposit for all account types is $100. This is considered an average offering compared to other brokers. Deposits can be made 24/7, and there are no additional internal fees. It should be noted that not all payment methods might be available to all traders, in terms of the region they are located in and a number of other circumstances.

Withdrawal Options at Eightcap

All withdrawals are subjected to a review by the broker’s finance team and might take from 1 to 2 business days to process. The broker itself does not charge any fees for withdrawals, yet your payment provider might charge a transaction fee or international processing fee which we advise to verify too.

The Eightcap withdrawal has some limitations and is possible for USD $25 / EUR $20 and above funds. Also, for Crypto wallet withdrawals the Wallet address should be the same used to Deposit.

How long does it take to withdraw money from Eightcap?

Based on our findings the Eightcap withdrawal time depends mainly on the method traders use. Here is more detailed information:

  • Wire Transfers 1-5 business days.
  • For e-wallets, the average time for processing takes 1 to 2 working days.

Eightcap Deposits and Withdrawals

Customer Support and Responsiveness

Score – 4.5/5

Testing Eightcap’s Customer Support

EightCap provides 24/5 customer service available via various service centers and various methods including Live Chat and Emails. Also, we found that the support team is quite responsive. Traders can also direct their questions through phone lines. In addition to the quality customer service, Eightcap offers a great FAQ section, where customers can find many questions to their answers.

Contacts Eightcap

All in all, the support Eightcap provides is of high quality. Several contact methods, such as live chats, emails available on global@eightcap.com, and various phone lines (like +61 3 8592 2375) make it easy to reach the broker in case of issues. For more urgent cases, the phone line and live chat are more convenient and fast options to give a quick solution to the problems that occur during the trading or questions arise, since email response may take 1-2 days.

Research and Education

Score – 4.2 /5

Research Tools Eightcap

Eightcap research tools are quite good quality and offer a diversity with tools either included into the platforms, which MT4 and MT5 are very good at with numerous research and analyss included. ALso, EightCap offers various research on its site or inbuilt in platform too inlcuding AI-powered Economic Calander, market news feeds, and trading ideas that are essential for traders. Especially on its TradingView Platform there is excellent advanced charting, a variety of indicators and other tools enable traders to perform in-depth market analysis.

  • Eightcap research provides traders with insights for the upcoming trading week, which is very useful for planning ahead of time for trades.
  • In addition, Broker provide Eightcap Trade Zone resources that offer actionable trade ideas, weekly market forecasts, and insights into economic trend

Education

Based on our findings Eightcap provides certain educational materials but the offering is limited more to platform guides and an overview of strategies, so is not an education with Trading Courses and Academies like at some other Brokers available.

  • The primary EightCap educational tool is Eightcap Labs, which provides comprehensive trading guides on various trading topics topics with numerous articles on different subjects and trading strategies like technical and fundamental analysis. It also covers diverse trading concepts, like scalping techniques or trading precious metals which we find quite usefful.

Is Eightcap a good broker for beginners?

Whether Eightcap is a good broker for beginners, the answer is yes, as the broker offers great research tools, comprehensive platforms, good account selection, and a fee structure. Yet the educational materials are limited to the main guides on how to operate on the platform, and include some articles on trading strategies and insights. For those who are just starting with forex trading, we advise a Broker with more extensive educational resources, although Eightcap is still a good choice.


Portfolio and Investment Opportunities

Score – 4/5

Investment Options Eightcap

Investment opportunities with Eightcap are somewhat limited, considering the fact that the broker’s offerings are mainly based on CFDs. In other words, it does not provide any type of traditional investment opportunity such as buying physical assets, like stocks, bonds, or mutual funds. Instead, the platform provides a way to speculate on various asset classes, ranging from Forex and indices to stocks, commodities, and cryptocurrencies, by using CFDs.

  • However,  Eightcap offers both MAM (Multi-Account Manager) and PAMM (Percentage Allocation Management Module) accounts which are considered as Investment options too. These managed account services enable professional money managers to handle multiple client accounts under one main account, making them suitable for investors looking for passive management of their portfolios.
  • Also, Eightcap offers copy trading through MetaTrader Signals, which allows users to follow and copy trades from successful traders directly on the MetaTrader platform. This feature provides an option for traders interested in mirroring the strategies of experienced traders. Although MetaTrader Signals facilitates copy trading and is quite good for it, Eightcap does not offer additional copy trading platforms like ZuluTrade or Myfxbook, which are available with some other brokers.

Account opening

Score – 4.5/5

How to open Eightcap Demo Account?

Opening an Eightcap Demo account is quite easy and strarighforward. Here are the simple steps to follow:

  • On the Eightcap website click on the “Try Demo”
  • Complete the form, providing basic information, like name, email, etc.
  • Choose the platform you want to trade with (MT4 or MT5)
  • Set the demo account by determining the main account features (account type, leverage, initial funds, etc.)
  • After submitting the registration form, receive the credentials for logging in

How to open Eightcap Live account?

Opening a live account with Eightcap is also guided process, and requires several steps more that are differ from Demo account opening by necessity to verify your identity and residency. You may follow these steps to open Live Trading Account:

  • On the website click on “Open an Account”
  • Afterwards, fill in personal details including name, email, phone number, residency, and birth date.
  • Then select the trading platforms and account types you want to conduct your trades with
  • Verify your identity, by uploading documents like ID and documents as proof of address (bank statements, utility bills, etc.)
  • Then you will need to complete a brief questionnaire on trading
  • After completing the mentioned steps, you will receive an Account approval email
  • As a last step, you will need to fund your live account and start trading

Additional Tools and Features

Score – 4.5/5

Eightcap offers different additional tools to elevate its customers’ trading experience. Through these additional tools, traders experience an enhanced and more versatile trading environment. Here are some of Eightcap’s extra tools traders should be aware of:

  • Capitalise.ai enables traders to design and automate trading strategies without requiring coding. This tool is of great use for traders interested in building automated trades on technical or fundamental conditions. Capitalise.ai helps to eliminate emotional influence, create a solid trading plan based on pre-configured conditions, provide real-time notifications, and eradicate human error based on fear, uncertainty, or doubt.
  • FlashTrader is a kind of proprietary trading tool that Eightcap provides, adding more speed and efficiency to the process of trading and introducing extra tools for professional traders. The main aspect of FlashTrader is to add stops and targets to every trade automatically, take profit on 1/2 of the position, then instantly move the stop to break even and target a potentially much larger 2nd profit level. FlashTrader focuses on the execution speed, enabling traders to enter and exit the trades quickly. To get FlashTrader traders need to have an MT5 live account. 

Eightcap Compared to Other Brokers

When comparing Eightcap to other brokers there are some advantages fround over other Brokers, but mainly Broker stands among industry average for all selection off services inlcuding fees, platforms, trading conditions etc. From the viewpoint of regulation and safety, Eightcap with its multiple top-tier licenses has tighter regulation if compared with BlackBull Markets or RoboForex, which makes the broker a trustworthy choice. The platform selection is good with industry popular software and TradingView in additions, some other broekrs may offer similar alike. Also, fee structure is good and spread based account with 1 pips is considered on average level, as there are brokers with lower spreads, such as Pepperstone and OANDA.

In terms of instruments, Eightcap has an good offering of 800+ available instruments, yet there are brokers with more extensive instrument openings like RoboForex or BlackBull Markets that might be more suitable for better diversification. Another point about Eightcap is its minimum deposit of $100, which is an average offering, while now many brokers like OANDA and Pepperstone enable trading with a $0 initial deposit. Regarding education, Eightcap is lacking courses compared to other brokers we were viewing; however, the broker offers great research tools.

Parameter Eightcap FP Markets RoboForex Pepperstone BlackBull Markets HFM OANDA
Spread Based Account Average 1 pip From 1 pip Average 1.3 pip Average 0.7 From 0.8 Pips Average 1 pip From 0.8 Pips
Commission Based Account 0.0 pips + $3.5 0.0 pips + $3 0.0 pips + $4 0.0 pips + $3.50 0.1 pips + $3 0.0 pips + $3 0.1 pips + $4
Fees Ranking Average Low/ Average  Average Average Low Low/ Average Low
Trading Platforms MT4, MT5, TradingView MT4, MT5, cTrader, IRESS, Proprietary Platform MT4, MT5, R StocksTrader MT4, MT5,cTrader, TradingView MT4, MT5, cTrader, TradingView MT4, MT5, HFM App MT4, MT5, OandaTrade
Asset Variety 800+ instruments 10,000+ instruments 12,000+ instruments 1,200+ instruments 26000+ instruments 500+ instruments 500+ instruments
Regulation ASIC, SCB, CySEC, FCA ASIC, CySEC,  FSCA, CMA FSC ASIC, FCA, DFSA, SCB, CMA, CySEC, BaFIN FMA, FSA CySEC, FCA, DFSA, FSCA, FSA, CMA, FSC FCA, CFTC, NFA, MAS, ASIC, IIROC, FFAJ
Customer Support 24/5 support 24/7 support 24/7 support 24/7 support 24/7 support 24/5 support 24/5 support
Educational Resources Good Excellent Good Excellent Good Good Good
Minimum Deposit $100 $100 $10 $0  $0 $0 $0

Full Review of Broker Eightcap

Eightcap is known as a strong and long-standing Forex broker recognized for its stability, high standard of operation, and good quality services. It is regulated under several jurisdictions under few Top-Tier licenses that ensures a secure trading environment for its clients and is a big plus.

Eightcap provides industry-leading trading platforms with a lot of features, yet at the same time, the interface is very intuitive and user-friendly. Indeed, it offers one of the best MT4, MT5, and TradingView options, with professional tools and smooth functionality. What truly sets Eightcap apart are various latest trading additional tools, like Capitalise.ai and FlashTrader, features not often seen among brokers.

The Eightcap fee structure is quite competitive, providing either spread based or commission accounts with feees ranked low or average, making the offering transparent and cost-effective. Overall, Eightcap offers a secure trading environment, equipped with innovative and favorable features that make the broker a suitable choice for every type of trader.

Asen Georgiev From Bulgaria | | Tuesday, September 29, 2020

I’ve been trading with Eightcap for more than a year now and I’m really happy with the service they provide. The couple of times I had to contact their customer support they were always very friendly and my problem was solved within the same day. Highly recommend!

John Smith From Andorra | | Thursday, August 20, 2020

Been using Eightcap for a fair amount of time and all the promises they make in their ads are met. I literally have no complaints. The spreads are just as tight as promised, low commission. Fast execution… Very Satisfied!

MikeF From Australia | | Friday, February 15, 2019

I am writing this to WARN any prospective users to Keep well away from Eightcap Pty Ltd. DO NOT USE EIGHTCAP – Can’t Trust Them, Keep far away from them. I have had accounts with Eightcap Australia for 1 and half years and also recommended around 20 people to use them as well. On 22nd Oct 2018 they say a bad tick happened at midnight on their graphs relating to EURNZD currency pair and the price dropped 3000 points at Eightcap but did not drop on any other brokers world wide, Only Eightcap, which I have proof with over 10 other brokers pricing including Saxobank. My personal account numbers are 713069 and 713070. Because of this Fake manipulated price error it caused all accounts to go into margin call and then totally wiped out. Losses are over $570,000 and currently have a claim with AFCA Australian Financial Complaints Authority Case number 600785. Not counting loss of profit for the past 3 months on top of that as well. I received emails along with everyone else saying they openly admit the error and accounts will be fixed within 2 days. That was nearly 3 months ago and they have ignored any other requests to rectify the accounts like they promised. Eightcap representative Lynn Guo in compliance department has given many excuses trying to say anything to get out of repaying the amount they owe including blaming liquidity providers for bad pricing data but they are still responsible to their clients. They are licenced and regulated with ASIC (Australian Securities & Investments Commission) which I am hoping ASIC will investigate for the NON Compliance. I will be putting a complaint to ASIC but right now I am waiting for AFCA investigation and their meeting with Ombudsman. I will do an update with the progress of this complaint. I welcome anyone to contact me anytime for more information on +61 400 921 777. Thankyou Mike F.

James Ward From Germany | | Friday, February 1, 2019

I’ve been trading for a couple of years now and have tried out many European brokers. These guys have made a difference for me. A reliable broker, with great execution. Plus, I’ve never had any issues with withdrawals.

Sionchuen From Australia | | Saturday, November 17, 2018

I was trading with Eightcap for nearly 6 month always took my deposits with no issue but only when I a make withdrawal they freeze my account and call to say I have violated there trading policy and refused to withdraw my $83,000.00 because I used an indicator I can still see my money in my account but I cant withdraw it

  • Award-Winning Broker Eightcap Launches New AI-powered Economic Calendar

    Eightcap, a well-known global FX and CFD services provider based in Melbourne, Australia, has recently introduced an innovative tool for its clients: an economic calendar powered by AI. Developed in collaboration with Acuity, the calendar offers a comprehensive overview of more than 1000 macroeconomic events, sorted by their potential impact on the market. This tool...

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George Rossi Content Creator
George R. is a wide-ranging expert with experience in analysis and writing. Currently serving as a Senior Writer at 55brokers.com. In addition to this role, he has been the Chief Market and Broker Analyst since June 2020. He has played a crucial role in providing in-depth analysis and insights into the financial markets. With nearly a decade of experience as a Foreign Exchange Trader, George brings a deep understanding of market dynamics and trading strategies. His previous positions include serving as the Chief Market Analyst at SVS Securities Plc.
Crispus Nyaga is an investment analyst with great experience in financials. His expertise spans various domains, including Petroleum, Statistical Data Analysis, and Technical Analysis. Crispus is proficient in utilizing advanced tools to conduct in-depth market research and data analysis. Also, he has an academic background - holding a Master’s degree in Business from Kenyatta University.
Eno Eteng is a highly skilled and certified financial technician with a Diploma from the UK Society of Technical Analysts. As a pioneer alumnus of the Tony Elumelu Foundation's (TEF) Entrepreneurship Program (class of 2015), Eno has been a prominent figure in the financial content industry since 2009. Over the years, Eno has crafted more than 5,000 ghost-written articles for major industry players, including InvestooGroup, EasyMarkets, eToro, Spotware Systems, and high-profile clients like the Chief of Staff to the Delta State Government of Nigeria.

17 responses to “Eightcap”

  1. They fool you, if u ask for withdrawal.

    Last 4 days I repeatedly asking for withdrawal from my account No.8294433. there are Agents i.e. Hristina Tiankovska, Nicole Velinova and Yordan Krustev. They will ask you the same question for confirmation of your wallet and convince time for call. I immediately reposed to there email and request for call. But there is dead silent. Last 4 days this was happening to me. For 597 usd I send 150 emails to them. And coming days am going to send 597 -150 =447 emails to them. Hope they will release my funds. I appeal you people if you have patience to send 1000 emails for 1000 usd deposit and 10,000 thousand emails for 10,000 deposit than no doubt go with them.

  2. I have been investing with a company called Eightcap optional trade on a telegram site, is this company associated with yours or not, Mark Thompson is the broker? I have had no success receiving any kind of profit!
    Thank you and waiting for response
    Joe Kozak

    • I invested with Mark Thompson on telegram and he uses the same name eightcap. I invested money and lost a lot of money but never received any profit. He continued asking for more deposit and more money and fake promises but I never got any money back in the end. I lost over $4000USD. He’s fake and his group is a scan. Do not invest with him. He needs to be reported.

  3. I’ve been in trading business long enough to say that the choice of the brokerage really matters.
    I would have said that Eightcap suits me perfectly but I only see one single disappointing detail in the features of this brokerage. The point is that they only provide MT4 and Mt5 access with no alternative solutions for professional market analysis and trading.
    Recently I’ve got fascinated with Ctrader. Maybe this is not the only alternative to MTs, yet if you need my opinion, the broker that suggests Ctrader immediately gets some competitive advantage. It gives trader a complete infomration on his orders’ execustions, removes the barrier between a broker and its client so to speak. it’s easier to trust your brokerage if you know there is a FULL transparency there in your work relationships (which MT fails to provide unfortunately). Secondly, its just convenient to use. So just in case broker’s representatives will read this review – please take into consideration the opportunity to partner with Ctrader.
    Everything else I’m completely pleased with. Tading fees, regulations, executions, support team – all is up to the highest standards!

  4. please can you review why eightcap is moving to Eightcap Global. If you transfer to Eightcap Global, you will no longer have access to these Australian law protections. In its place, Eightcap Global will be regulated by the Vanuatu Financial Services Commission (VFSC) and the Financial Centre Association (FCA) who hold the power to regulate Eightcap Global and manage complaints received in relation to its Financial Dealers License.

    please could have a review on the above

  5. Plenty of options.
    I wasn’t keen on trading only FX but with this broker, I also had the option of trading shares and oil. Great choice and I would recommend to all.

  6. Trustworthy and regulated broker
    I like the fact that they are globally regulated and have offices worldwide – can trust them

  7. I have opened an account with eightcap global and deposited to trade with mt4 account 400721. I got trading normal and have withdrawn my profit until the last 2 weeks. I had made a withdrawal request from my MT4 account and have been waiting for 2 weeks and received nonsense answers about the investigation of my account with any satisfactory explanation.

    Until yesterday I got my money back. I have received my withdrawal. But the amount is not correct. My withdrawal is $8154USD but I only received 169,945,668VND. It is 10% less than my withdrawal. Please help to check with the payment and pay the remaining 10% for me.

    • Dear San,

      Please, contact your manager and try to find out the reason they do not release your money. Also, try withdrawing smaller amounts, maybe it will work. Since the broker is regulated by ASIC, you can also contact the regulated regarding your issue.

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