Eightcap is an Australian forex and CFD broker established in 2009, headquartered in Melbourne. Over the years, it has grown into a global broker with over 100,000 clients, offering access to 1,000+ instruments across forex, indices, commodities, metals, and cryptocurrencies. For Romanian traders, Eightcap provides a low-cost entry point with a minimum deposit of just $100 and popular platforms like MT4, MT5, cTrader, and TradingView.
Although Eightcap is not regulated by Romania's ASF (Autoritatea de Supraveghere Financiară), it accepts clients from Romania through its international entities, typically SCB or VFSC. This means Romanian traders can still use the broker, but they should be aware of the level of protection and the fact that deposits are not covered by the Romanian Investor Compensation Fund. The broker is known for its tight spreads on the RAW account, fast execution, and a growing set of educational resources — making it a practical choice for retail forex traders in Romania who are comfortable with unregulated local status.
| Detail | Information |
|---|---|
| Founded | 2009 |
| Headquarters | Australia |
| Regulated by | ASIC,FCA,SCB,VFSC |
| Min Deposit | $100 |
| Max Leverage | 500 |
| Platforms | MT4, MT5, cTrader, TradingView |
| Islamic Account | Available |
| Copy Trading | Not available |
| Demo Account | Available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
| Feature | Available |
|---|---|
| Demo Account | Yes |
| ECN/Raw Account | Yes |
| Islamic (Swap-free) | Yes |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | Yes |
| Copy Trading | No |
Eightcap provides a genuine Islamic account for Romanian Muslim traders who wish to trade forex without earning or paying interest. The swap-free account is available on both Standard and RAW account types and is designed to comply with Sharia law by eliminating all overnight swap fees. This is a significant benefit for Romanian Muslim traders who would otherwise be unable to hold positions overnight with a conventional account.
It is important to note that some brokers hide swap fees in the spread or charge an administration fee after a certain period on Islamic accounts. Eightcap's policy is transparent: there are no hidden costs for keeping a swap-free account, but the broker may charge a flat administrative fee if the account is dormant or if trade volumes become unusually high. To apply, simply contact Eightcap support or request it during account registration, and ensure you select the Islamic option before your first trade.
| Feature | Details |
|---|---|
| Islamic Account Available | Yes |
| Swap Fees | No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | Check broker |
| Gold (XAU/USD) | Spot Gold | Available | — |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| Eightcap (current) | $100 | Check broker | Yes | Yes | 4.1 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
Eightcap is a reliable broker for Romanian traders who are looking for low-cost forex trading with modern platforms. The broker's strengths — low minimum deposit, tight spreads on RAW accounts, fast execution, and multiple funding options including Skrill and USDT — make it appealing, especially for active retail forex traders. However, the absence of ASF regulation in Romania is a significant drawback.
Romanian traders who are comfortable with an offshore-regulated broker (SCB or VFSC) will find Eightcap a professional and transparent choice. The lack of Romanian language support and USD-only accounts are minor inconveniences but not deal-breakers. We recommend Eightcap for experienced traders who value cost efficiency and platform choice, and who understand the risks of trading with an unregulated local presence. Beginners in Romania may want to start with a demo account and carefully manage risk.