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Eightcap

Regulated
Australia
,
Since 2009
Last Updated:
60/100
Overall Score

Trading Conditions

Min Deposit:
USD100
Max Leverage:
500
Account Types
RAWStandard

User Reviews

Total Reviews
This Month
Avg Rating

Funding Methods

5 methods

Bank Transfers

bank transfer
3 days
Fee:
Free
Fee:
Free

Credit/Debit Cards

credit card
Instant
Fee:
Free
Fee:
Free

E-Wallets

e wallet
Instant
Fee:
Free
Fee:
Free

Cryptocurrencies

crypto
Instant
Fee:
Free
Fee:
Free

Bank Wires

wire transfer
hours
Fee:
Free
Fee:
Free

Performance Metrics

Excellent Performance
Performance chart: 1: Regulation 78%, 2: License 81%, 3: Software 51%, 4: Spread 0%, 5: Account Type 28%, 6: Symbol 0%
Regulation
78%Good
License
81%Excellent
Software
51%Fair
Spread
0%Poor
Account Type
28%Poor
Symbol
0%Poor

Company Information

Full Name:Eightcap Global Limited
Founded:2009
Headquarters:Australia
Enterprise Offices:4offices

Customer Support

Phone:
+61 3 8592 2375
Live Chat:
business_hours
Response Time:
Languages:
English
Scroll Down

Broker Summary

Summary of the broker

Introduction

Regardless of whether you are an individual looking to establish your own Forex or CFD trading business, or a company wanting to start one, it is very important that you partner with a reputable, properly regulated broker.

Eightcap is an Australian-based, established broker that began operations in 2009 as a Forex-only broker and has become one of the largest firms in Australia focused on trading of all types of online CFDs (Contracts for Difference). The firm also provides a range of services throughout different jurisdictions and has seen significant growth in its client base and global presence since its inception.

While the ownership structure will continue to evolve, Eightcap continues to provide its customers with technology-driven solutions and access to multiple international locations.

In addition to providing Forex trading services, Eightcap now also provides a full range of CFD-based products, including:

•Forex: Major and Minor pairs

•CFDs on major global equity indexes

•CFDs on various Commodities: (energy and agricultural)

•CFDs on cryptocurrencies (availability based on location)

•Fragmented liquidity providers across Europe, Asia, and the USA

Eightcap has successfully built its market presence on its ability to deliver a superior trading experience through:

•Personalized services (Dedicated Account Managers)

•Low commission pricing

•Fast/accurate trade execution

•Utilization of multiple technologies (trade, technical analysis, etc.) to facilitate FLEXIBLE trading, e.g., through the use of MetaTrader or proprietary systems, etc.

 

Trading Platforms

Eightcap currently only provides access to the two (2) leading retail trading platforms in the industry:

•MetaTrader 4 (MT4) (The global industry standard for FOREX trading)

•MetaTrader 5 (MT5) (The latest and most advanced version of MetaTrader available to date)

Both MT4 and MT5 allow for the execution of trades with the following features:

•Advanced chart / quote tools for detailed analysis of any currency pair or commodity/futures market

•Automated Trading capabilities through the use of Expert Advisors

•Multi-device accessibility through desktop, internet, and mobile

In addition to offering competitive trading conditions and low commissions, Eightcap has invested heavily in its technology infrastructure to support low-latency execution across multiple server locations worldwide.

 

Account Types / Instruments Offered

Eightcap currently offers two main types of Accounts:

• Standard Account – A commission-free method of trading, where costs are included in the spread offered by the broker.

• Raw Account – Actual spreads from 0.0 pips where applicable, with commissions paid on executed trades.

These Account Types follow the typical structure of most Retail brokers (i.e., Commissions (Spread-Based) vs Commission-Based Raw Spreads), thereby enabling traders to select the method that best suits their preferences.

 

Instruments Offered

In addition to offering a range of trading instruments across the FOREX market, Eightcap also offers a wide range of CFD instruments, enabling traders to diversify their trading strategies across many financial market products.

The available CFD types offered by Eightcap include:

• Forex (Major and Minor Currency Pairs)

• Indices (via Detonations)

• Commodities (including Oil and Gold)

• Crypto currencies (restrictions on Cryptocurrencies based upon applicable jurisdictional laws)

• Share-based CFDs (depend on available liquidity).

By offering a wide range of financial instruments via CFA, including multiple indices, commodities, and CFDs on various cryptocurrencies, Eightcap enables traders to effectively diversify their trading strategies across global financial products.

 

Regulatory Compliance and Licensing

Regulation plays a critical role in evaluating broker reliability. Eightcap operates under multiple regulatory entities across jurisdictions.

Regulator

License Number

Status

Australian Securities and Investments Commission

AFSL (exact number should be verified)

Active

Financial Conduct Authority

Registered entity (Eightcap Group Ltd)

Active

Securities Commission of The Bahamas

Offshore license

Active

Cyprus Securities and Exchange Commission

EU entity (if applicable, verify)

Varies

Eightcap operates under a multi-entity structure, meaning regulatory protections differ depending on the jurisdiction of the client account.

 

Trading Environment and Platform Technology

Trading Environment

Eightcap offers competitive trading conditions tailored to different trader profiles.

Feature

Standard Account

Raw Account

Spreads

From ~1.0 pips (variable)

From 0.0 pips

Leverage

Up to 1:500 (offshore entity; lower under FCA/ASIC)

Up to 1:500

Minimum Deposit

From ~$100 (varies by region)

Similar or slightly higher

Commission

None

Approx. $3.5 per side per lot

Trading conditions vary depending on the regulatory entity and market conditions.

 

Platform Technology

Eightcap supports:

  • MetaTrader 4 (MT4)

  • MetaTrader 5 (MT5)

Both platforms offer:

  • Algorithmic trading (EAs)

  • Technical analysis tools

  • Economic calendar integration (via platform or plugins)

  • VPS compatibility (third-party or broker-supported depending on region)

 

Fee Structure

Eightcap maintains a relatively transparent fee structure, although costs may vary depending on payment methods and account type.

Fee Type

Details

Deposit Fees

Generally none

Withdrawal Fees

May vary depending on method

Commission

Standard: none; Raw: commission-based

Inactivity Fees

May apply after inactivity period

Other Charges

Overnight financing (swap), payment provider fees

 

User Experience & Public Sentiment

Eightcap is a retail broker recognized by the trading community as a dependable, solid mid-tier broker. Listed below are some of Eightcap’s strengths that traders have identified:
• Eightcap offers very competitive spreads; mostly on Raw accounts,
• Eightcap has speedy execution times,
• Eightcap offers the ability to trade using MT4 & MT5

Eightcap’s limitations include:
• Compared to larger brokers, instructional material from Eightcap is limited,
• Withdrawal times can be different within the various regions depending on what withdrawal methods are used.

Compared with other brokers like IC Markets, Pepperstone, and FP Markets, Eightcap is a smaller provider but still offers competitive service.

 

Recent Developments

Eightcap has made it a priority to grow its client base and improve its trading systems worldwide. While the organization may change its internal strategy/leadership, there have been no major corporate structural changes, nor has Eightcap recently undergone a public IPO. The organization continues to strengthen its current offerings rather than adding many new products at this time.

Summary

Eightcap is a regulated Forex & CFD broker that has been active in the financial markets for over ten (10) years. With both Standard and Raw accounts, compatibility with MT4 and MT5 trading platforms, and a variety of regulatory oversight, Eightcap provides its clients with an excellent trading environment that suits a range of trading styles.

Although Eightcap will not become the largest broker in the world, its competitive trading costs, stable trading platforms, and regulatory coverage make it an attractive option for those seeking a good balance between reliability and cost-effectiveness.

Regulatory Licenses

Compliance & oversight

4 licenses
United Kingdom
FCATier 1
United Kingdom#921296
License Details
Type:Straight Through Processing(STP)
License #:921296
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Australia
ASICTier 1
Australia#000391441
License Details
Type:Market Making(MM)
License #:000391441
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Cyprus
CySECTier 2
Cyprus#246/14
License Details
Type:Straight Through Processing(STP)
License #:246/14
Status:Regulated
Validity
Effective:N/A
Expires:N/A
Mauritius
FSCTier 3
Mauritius#GB25204603
License Details
Type:N/A
License #:GB25204603
Status:Regulated
Validity
Effective:N/A
Expires:N/A
2
Tier 1
4
Countries
0
Offshore

Account Types

Trading account options

2 types
RAW
ECN
Min Deposit USD 100 • Leverage 1:500 • Commission Commission-based, competitive spreads
Min DepositUSD 100
Leverage1:500
CommissionCommission-based, competitive spreads
Standard
Standard
Min Deposit USD 100 • Leverage 1:500 • Commission No commission, slightly higher spreads
Min DepositUSD 100
Leverage1:500
CommissionNo commission, slightly higher spreads
2
Total Types
2
Categories
ECN Available

Funding Methods

Deposit & withdrawal options

5 methods
Bank Transfers
Bank Transfer3 min
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:USD 100
Max:N/A
Third-party bank charges may apply
Credit/Debit Cards
Credit CardInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:USD 100
Max:USD 4,000
E-Wallets
E-WalletInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:USD 100
Max:USD 10,000
Minimum withdrawal $50 for PayRetailers, max withdrawal $50,000 for WorldPay
Cryptocurrencies
CryptocurrencyInstant
Deposit
Fee:Free
Min:N/A
Max:N/A
Withdrawal
Fee:Free
Min:N/A
Max:N/A
No withdrawal limits
5
Free Deposit
5
Instant
1
Crypto

Trading Platforms

Professional trading tools

2 Available
Meta Trader 5

Meta Trader 5

by MetaQuotes Software Corp • 2010

Windows
Mac
Linux
Web
+3
Rating
4.5
Status
Available
Type
Integrated
Platforms
+
Trading Software
Visit
MetaTrader 4

MetaTrader 4

by MetaQuotes Software Corp. • 2005

Windows
Mac
Web
Android
+1
Rating
4.5
Status
Available
Type
Integrated
Platforms
Trading Software
Visit

Live Spreads & Trading Costs

Compare real-time spreads on major currency pairs

Spreads are the core trading cost with Eightcap: the difference between the bid and ask price you pay on every trade. Tight, stable spreads on major pairs like EUR/USD, GBP/USD and USD/JPY mean lower costs for scalpers, day traders and long-term investors alike.

  • Live spread table for six major currency pairs, refreshed every few seconds
  • Excellent / competitive / high ratings so you can benchmark Eightcap at a glance
  • Bid, ask and pip-change data to estimate your real cost per trade
View live spreads for Eightcap

Spread data is indicative and for comparison purposes only

Global Domains

Worldwide web presence

2 sites
🌐
https://eightcapasia.com
Unknown
Active
SSL
🌐
https://eightcap.eu
Unknown
Active
SSL
2
Active
1
Countries
100%
SSL

Social Presence

Digital community engagement

5 platform
Scroll to see all 5 platforms

Corporate Network

Enterprise structure & relationships

4 entities

Eightcap Global Limited

Bahamas
active

Registration

204033B

Established

2022-09-13

EIGHTCAP GROUP LTD

United Kingdom
active

Registration

12448314

Established

2020-02-07

EIGHTCAP EU LTD

Cyprus
active

Registration

HE329922

Established

2014-07-30

EIGHTCAP PTY LTD

Australia
active

Registration

139495944

Established

2009-09-16

Comments

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