• Multi-regulated broker by ASIC, FCA, CySEC and the SCB.
  • Low minimum deposit of $100.
  • Spreads as low as 0.0 pips (Raw account).
  • They’ve been awarded “Best Customer service broker” (2022).
  • Many cryptocurrencies and CFDs are available to trade.
  • Metatrader 4-5 and TradingView broker.
  • Cons
  • No bonuses or promotions.
  • What is Eightcap?

    About Eightcap

    HeadquartersMelbourne (Australia).
    Regulated byASIC (AU), FCA (UK), SCB (Bahamas), and CySEC (Cyprus)
    Minimum Deposit$100
    Trading platformsMetatrader 4, Metatrader 5, and TradingView
    Available marketsForex (currency), CFDs (for cryptocurrencies), commodities, stocks and indices.
    Demo accountyes
    Islamic accountNot by default
    Spreads starting from0.0 pips (RAW account)
    Maximum leverage1:500
    Deposit OptionsCredit cards, Union Pay, Skrill, Neteller, cryptocurrencies, BPay, Interac, Fasapay, PIX, and Dragonpay

    Eightcap is a multi-regulated broker based in Melbourne (Australia) that has provided retail traders with industry-leading trading conditions alongside an abundance of over 800 CFD instruments to trade since 2009. The company now boasts over 80,000 registered accounts worldwide - proving its commitment to improving products to keep up-to-date on the latest technologies while partnering with talented teams worldwide who share similar interests!

    This trading broker values time above all else, providing traders with convenient access to trade forex, shares, indices, cryptocurrencies, and commodities while providing you with tight spreads, fast execution, and advanced trading tools such as FlashTrader , AI-powered economic calendar and more.

    When it comes to regulatory standards, Eightcap Broker ticks all the boxes. This brokerage fully complies with the stringent Tier-1 regulations set by the Australian Securities and Investments Commission (ASIC). So, you can rest assured knowing your accounts are in safe hands.

    They provide additional negative balance protection and segregated client accounts as a globally licensed brokerage firm, fully compliant in your home jurisdiction.

    The trading conditions at Eightcap are some of the best I have seen, and they have a wide range of clients. With cutting-edge technology that is tailored to your needs, you can trade successfully with them, no matter what level the trader is looking forward to!

    Eightcap homepage - review

    Platforms and Tools

    You will find familiar options such as MetaTrader 4 and 5 on a range of devices, ensuring you can trade when and where it's convenient for your needs. Additionally, thanks to their TradingView partnership, they offer this well-known platform for advanced charting tools and useful forums.

    Eightcap has three different trading platforms to offer. Each one comes equipped with an interface that allows you to place trades, allowing for quick and easy access to all areas of your investment needs, from research tools like charts or news feeds right through processing orders at peak efficiency!


    Eightcap has recently partnered with TradingView, one of the most popular charting platforms in the industry. This partnership enables Eightcap traders to gain access to cutting-edge charts and essential information that can help them make informed trading decisions. With TradingView, traders can view multiple charts simultaneously, use customized indicators, and even share their charts with other traders. This platform is renowned for its user-friendly interface and wide range of features, making trading easier and more efficient for seasoned traders and beginners alike. Overall, Eightcap's integration with TradingView is a game-changer in the world of online trading.

    MetaTrader 4 (MT4)

    MetaTrader 4 is the leading foreign exchange platform in terms of popularity and for good reason. The broker provides access to MT4 on Mac, PC as well iOS/Android devices which are all available in most languages! You'll enjoy 9 different time frames; 31 graphic objects (including indicators)30 technical signals alongside a single thread strategy tester at your disposal when you choose Eightcap.

    Eightcap - Metatrader

    MetaTrader 5 (MT5)

    MetaTrader 5 is a more advanced trading platform that provides traders with the tools to analyze their strategies. This includes fund transfers, alerts, and multithreaded testing for both successions as well strategy designs in 30+ languages available on PC/Mac computer tablets or mobile devices, so you can access it wherever you are. With six pending order types plus four execution options, there's plenty of flexibility when managing your trades


    They provide the webtrader version of MT5, available through their website. With its full range of features and user-friendly interface, it's never been easier to connect to the exciting world of financial markets.

    Range of Markets

    When it comes to assets available to trade, Eightcap stands head and shoulders above the rest.

    While primarily a forex broker, they also offer a wide variety of CFDs in their asset portfolio. With over 800 instruments available, there's no shortage of options for traders.

    What sets Eightcap apart, however, is their selection of cryptocurrencies – with over 100 crypto derivatives available, they're a great choice for anyone looking to invest in this exciting market. Of course, they also offer all the major currency pairs, indices, and commodities like gold, silver, and oil.

    So whether you're a seasoned trader or just getting started, Eightcap is worth a look.

    Type of Accounts

    When considering a broker, it's important to know what kind of accounts they offer. Eightcap provides two live accounts: Raw and Standard. With a minimum account of $100 for both, the Standard account is recommended for beginners with spreads from 1.0 pips, while the RAW account is more suited for experienced traders with spreads starting from 0.0 pips. No matter which account you choose, the minimum trade size is 0.01. Additionally, you have the option to open a TradingView account with low spreads and the same minimum account requirement of $100. So whether you're a seasoned trader or just starting, Eightcap has an account option that could work for you.

    an account Demo

    You can open an account on their website and gain access to 5,000,000 in virtual funds. You will experience the same trading conditions as a real account, with the same price feed. While the default duration is 30 days, you can request an extension to fine-tune your strategies alongside real-money trading.

    Captura de pantalla 2023 10 14 a les 13.23.49

    Open an account with Eightcap

    We can say the Eightcap registration process was very quick. Within just a few minutes, I had successfully registered for an account.

    All it took was providing basic information like my name, country of residence, email address, and password. Activating my account was a breeze, thanks to the registration link sent to my email.

    Once inside the client dashboard, the power is in your hands. Customize your account settings, from choosing the account type and base currency, to leverage options and a trading platform that suits you best.

    Fees, Commissions, and Spreads

    If you're looking for a broker with some of the lowest spreads in the market, Eightcap should be one of your choices.

    Commission-free and variable, the spreads are tight. If you go for the RAW account, you'll need to pay a $3.5 commission per lot, but the spreads start at 0 pips. Meanwhile, if you opt for the standard account, you can expect a spread from 1.0 pip (EUR/USD).

    Something else to note is that there are swap rates for overnight forex trades, but you don't need to worry about fees for withdrawals or inactivity fees.

    Overall, if you're looking to keep your fees low, Eightcap is worth considering.

    Customer Service

    They prioritize serving our clients in the best possible way. With a website available in nine languages and offices across the globe, they cater to a diverse international community. Their staff are multilingual and can communicate in English, Thai, Spanish and Bahasa over the Phone. For clients who require other languages, Eightcap can support most major languages through its live chat and email functions.

    Research and Education

    They provide a comprehensive education suite, market updates, webinars, and expert tips, making it the perfect choice for both new and experienced traders. With an array of extra tools and services, Eightcap stands out among its competitors.

    AI-Powered Economic Calendar

    They have recently unveiled an innovative tool to benefit its clients. Developed in collaboration with Acuity, this cutting-edge economic calendar harnesses the power of AI to offer traders a comprehensive overview of over 1,000 macroeconomic events.

    With events categorized by their potential impact on the market, this tool equips traders with the insights they need to navigate market volatility triggered by economic events. Stay ahead of the game and make informed trading decisions with Eightcap's game-changing economic calendar.

    Deposit and Safety Options

    Say goodbye to the hassle and expense of wire transfers. Unlike many competitors, Eightcap offers a range of deposit options to choose from. No more wasting valuable time and money. 

    When it comes to base currencies, Eightcap has you covered. With seven different options available, you can easily deposit and withdraw without worrying about excessive conversion rates. Don't let cross-border payment mechanisms slow you down.

    To make things even easier, Eightcap provides a webpage dedicated to payment options and related information. Find out about available currencies, estimated processing times, transaction fees, deposit limits, and supported countries or regions. From credit and debit cards to popular payment methods like UnionPay, Skrill, Neteller, cryptocurrencies, Bpay, Interac, Fasapay, PIX, and Dragopay – Eightcap has you covered.


    When it comes to choosing a forex broker, safety and regulation are top priorities for any trader. Thankfully, Eightcap ticks all the boxes in these areas.

    The Eightcap Global Group holds a number of licenses and has a presence in many jurisdictions around the world, this includes Tier-1 Regulated jurisdictions such as the United Kingdom and Australia. Customers may not get a choice as to which entity/jurisdiction they are onboarded to. Nevertheless, Eightcap takes its regulatory obligations seriously.

    What's more, all customer funds are segregated and held at Tier 1 banks, providing traders with peace of mind. Additionally, Eightcap offers negative balance protection, which is an essential feature that protects clients from incurring losses that exceed their account balances.

    Overall, with a range of regulators backing them and strict safety measures in place, Eightcap looks to be an excellent choice for traders seeking a secure forex broker.

    eightcap regulation

    Eightcap Review: Conclusion

    In conclusion, the Eightcap broker is certainly a strong and reputable option for anyone looking to trade Forex or CFDs. With a long history of award-winning service and a proven commitment to customer satisfaction, they have built a well-deserved reputation for excellence. Their offering is bolstered by the leading MT4,MT5 and TradingView trading platforms competitive spreads. As a cherry on top, they even offer a free demo account, which is great news for beginners or those who want to get a feel for their service before committing.

    Overall, we wholeheartedly recommend Eightcap.


    - What is the maximum leverage Eightcap offers?

    Based on the different regulators, the maximum leverage can differ. SVG allows up to 1:500, SCB allows up to 1:200 leverage, CySEC, ASIC and FCA offer a maximum 1:30 leverage.

    - Does Eightcap offer a free demo account?

    Yes, they provide a free demo account with up to 5,000,000 virtual funds for 30 days.

    - What is the minimum deposit at Eightcap?

    Their minimum deposit is $100 for both account types, Raw and Standard.

    - Does Eightcap accept clients from the UAE and Saudi Arabia?

    Yes, they do, subject to client’s satisfying the onboarding requirements.

    - Is Eightcap a safe broker?

    Yes. They are regulated by Tier-1 authorities (ASIC and FCA) and provide safety features such as negative balance protection, and segregated customer accounts

    Does Eightcap offer Islamic accounts?

    Not by default. This will need to be discussed on a case-by-case basis with the assigned account manager.

    Ahmed A.
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    77.78% of retail investor accounts lose money when trading CFDs with this provider