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Eightcap is a global forex and CFD broker established in 2009 and headquartered in Australia. With over a decade of operation, the broker has built a reputation for offering competitive trading conditions across a wide range of markets. It is known for its multi-platform support, including MetaTrader 4, MetaTrader 5, cTrader, and TradingView, making it a versatile choice for traders who prefer different execution environments.
The broker provides access to 56 forex pairs, along with CFDs on indices, commodities, gold, oil, cryptocurrencies, stocks, and ETFs. Eightcap also offers real cryptocurrency trading, which distinguishes it from many CFD-only brokers. With a minimum deposit of $100 and a maximum leverage of 1:500, it caters to both retail and more experienced traders.
Eightcap is a global forex and CFD broker established in 2009 and headquartered in Australia. With over a decade of operation, the broker has built a reputation for offering competitive trading conditions across a wide range of markets. It is known for its multi-platform support, including MetaTrader 4, MetaTrader 5, cTrader, and TradingView, making it a versatile choice for traders who prefer different execution environments.
The broker provides access to 56 forex pairs, along with CFDs on indices, commodities, gold, oil, cryptocurrencies, stocks, and ETFs. Eightcap also offers real cryptocurrency trading, which distinguishes it from many CFD-only brokers. With a minimum deposit of $100 and a maximum leverage of 1:500, it caters to both retail and more experienced traders.
Eightcap is well-suited for active traders who value platform choice and direct market access. Its ECN/Raw account type, combined with support for algorithmic trading, scalping, and hedging, makes it an attractive option for day traders, scalpers, and those who use Expert Advisors (EAs). The availability of cTrader and TradingView also appeals to traders who prefer advanced charting and analysis tools.
It is a weaker fit for traders who rely on copy trading or those looking for micro accounts, as these are not offered. Additionally, the $100 minimum deposit may be higher than some competitors, potentially deterring absolute beginners. However, the inclusion of Islamic/swap-free and demo accounts broadens its accessibility to various trader types.
Eightcap is regulated by several reputable authorities, including the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA) in the UK, the Securities Commission of the Bahamas (SCB), and the Vanuatu Financial Services Commission (VFSC). This multi-regulatory framework provides a high level of oversight, especially for clients under ASIC and FCA jurisdictions, which are known for strict compliance and investor protection standards.
For trader safety, Eightcap maintains segregated client funds and offers negative balance protection. Segregated funds mean client money is kept separate from the broker's operational capital, reducing the risk of loss in the event of insolvency. Negative balance protection ensures that traders cannot lose more than their account balance, a crucial safeguard in volatile markets.
| Primary regulator | |
| All licenses held | ASIC,FCA,SCB,VFSC |
| Segregated client funds | Yes |
| Negative balance protection | Yes |
Eightcap offers two primary account types: Standard and ECN/Raw. The ECN/Raw account typically features raw spreads with a commission per trade, while the Standard account often has wider spreads with no commission. However, specific spread and commission figures are not detailed in our fact sheet. Traders should review the broker's official website for current rates.
Regarding deposits and withdrawals, Eightcap does not charge internal fees on either. The minimum deposit is $100. Withdrawal requests are processed within 1 to 2 business days. While there are no internal fees, third-party or intermediary fees may apply on bank wire transfers, which could affect the final amount received.
| Deposit methods | credit/debit cards, e-wallets, and bank wire transfers |
| Withdrawal time | 1 to 2 business days |
| Withdrawal fees | No internal fees on deposit or withdrawal; third-party/intermediary fees may apply on wire |
| Inactivity fee | None charged |
Eightcap is a well-established broker with a strong regulatory foundation, particularly for clients under ASIC and FCA. Its extensive platform support and account flexibility make it a solid choice for active traders, scalpers, and algorithmic traders. The inclusion of real crypto trading is a notable plus. However, the lack of copy trading and micro accounts may limit its appeal to beginners or those who prefer social trading. Overall, Eightcap is a reliable option for traders seeking a regulated, multi-platform broker with diverse market access, provided they meet the $100 minimum deposit and are comfortable with its account structure.