With over 15 years of industry experience, Eightcap is an established Melbourne-based CFD provider serving a diverse customer base of more than 80,000 traders worldwide. The broker offers transparent pricing and tight spreads across more than 800 financial markets, ranging from currency pairs and commodities to indices and shares. Clients in certain regions can also speculate on the price movements of more than 100 cryptocurrencies.

At-a-glance Statistics
- Total visits, December 2024:375,106
- Device distribution:
- Desktop: 63.81%
- Mobile: 36.19%
- Visit duration: 00:01:31
- Visitors:
- Youtube: 68.75%
- Facebook: 23.23%
- WhatsApp: 0.97%
- Telegram: 3.39%
- Other: 3.66%
Eightcap Contact Information
| Website | https://www.eightcap.com |
| Phone Number | +61 3 8375 9700 |
| Support Email | global@eightcap.com |
| Headquarters Address | Griffith Corporate Centre, Suite 305, PO Box 1510, Beachmont, Kingstown, Saint Vincent and the Grenadines |
Eightcap provides a secure trading environment for its customers and is regulated by reputable authorities such as the UK’s Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC), and the Cyprus Securities and Exchange Commission (CySEC). Clients outside these regions can register with the offshore entity overseen by the Securities Commission of The Bahamas (SCB).
The broker supports industry-leading platforms such as MetaTrader 4, MetaTrader 5 and TradingView, although platform availability varies by region. Customers have access to a variety of advanced charting tools, automated trading features and an AI-powered economic calendar provided by Acuity. The Eightcap Labs section offers extensive analytical and educational content, including market insights and trading guides.
General Information about Eightcap
| Regulators | Cyprus Securities and Exchange Commission, Financial Conduct Authority, Financial Services Authority Seychelles, Securities Commission of The Bahamas, Australian Securities and Investments Commission, Securities and Commodities Authority of the UAE, Financial Services Commission of Mauritius |
| Min. Deposit | $100 |
| Trading Platforms | MetaTrader 4, MetaTrader 5, TradingView |
| Number of Forex pairs | 50 |
| Account Security and Protections | Two-factor authentication (2FA) |
Account Information
| Account Types | Standard Account, Raw Account, TradingView Account |
| ECN Account | |
| Pro Account | |
| MAM Account |
Trading Information
| Markets | Commodity CFDs, Crypto CFDs, Forex CFDs, Index CFDs, Share CFDs |
| Min Contact Size | 0.01 |
| Max Contract Size | 40 (40 lots (Forex)) |
| Min Account Balance | USD100 |
| Scalping Allowed | |
| Hedging Allowed | |
| PAMM Trading | |
| Swap-free Trading |
Spreads
| Market | Instrument | Account | Spread |
|---|---|---|---|
| Share CFDs | Apple Inc | Standard Account | MIN 0.1 pips |
| Forex CFDs | AUDUSD | Standard Account | AVG 1.3 pips |
| Crypto CFDs | Bitcoin | Standard Account | MIN 170 pips |
| Crypto CFDs | Cardano | Standard Account | MIN 5 pips |
| Crypto CFDs | Dogecoin | Standard Account | MIN 50 pips |
| Crypto CFDs | Ethereum | Standard Account | MIN 20 pips |
| Forex CFDs | EURGBP | Standard Account | AVG 1.1 pips |
| Forex CFDs | EURUSD | Standard Account | AVG 1.1 pips |
| Forex CFDs | GBPUSD | Standard Account | AVG 1.1 pips |
| Metal CFDs | Gold | Standard Account | MIN 1.2 pips |
| Metal CFDs | Gold | any | AVG 16.9 pips |
| Forex CFDs | NZDUSD | Standard Account | AVG 1.2 pips |
| Crypto CFDs | Solana | Standard Account | MIN 200 pips |
| Index CFDs | UK100 | Standard Account | MIN 12 pips |
| Forex CFDs | USDCAD | Standard Account | AVG 1.3 pips |
| Forex CFDs | USDCHF | Standard Account | AVG 1.4 pips |
| Forex CFDs | USDJPY | Standard Account | AVG 1.2 pips |
Leverage
| Metal CFDs | 1:20 (ASIC | Retail Account) |
| Metal CFDs | 1:20 (CySEC | Retail Account) |
| Metal CFDs | 1:20 (FCA | Retail Account) |
| Metal CFDs | 1:500 (SCB | Retail Account) |
| Crypto CFDs | 1:2 (ASIC | Retail Account) |
| Crypto CFDs | 1:2 (CySEC | Retail Account) |
| Crypto CFDs | 1:20 (SCB | Retail Account) |
| Forex CFDs | 1:30 (ASIC | Retail Account) |
| Forex CFDs | 1:30 (CySEC | Retail Account) |
| Forex CFDs | 1:30 (FCA | Retail Account) |
| Forex CFDs | 1:500 (SCB | Retail Account) |
| Index CFDs | 1:20 (ASIC | Retail Account) |
| Index CFDs | 1:20 (CySEC | Retail Account) |
| Index CFDs | 1:20 (FCA | Retail Account) |
| Index CFDs | 1:200 (SCB | Retail Account) |
| Share CFDs | 1:5 (ASIC | Retail Account) |
| Share CFDs | 1:5 (CySEC | Retail Account) |
| Share CFDs | 1:5 (FCA | Retail Account) |
| Share CFDs | 1:5 (SCB | Retail Account) |
Deposit Methods
| Visa Card | |
| MasterCard | |
| Paypal | |
| Credit/Debit Card | |
| Amex | |
| Bank/Wire Transfer | |
| Crypto | |
| Bitcoin | |
| Skrill | |
| Neteller | |
| Google Pay | |
| Apple Pay | |
| Payid | |
| USDT | |
| Tether | |
| Astropay |
Regulation and Security
Eightcap is a regulated CFD broker operating under the oversight of reputable financial authorities. It is primarily regulated by the Australian Securities and Investments Commission (ASIC) under licence number 391441 and the Financial Conduct Authority (FCA) in the United Kingdom under licence number 921296. These regulatory standards require compliance with established practices, including the segregation of client funds and adherence to anti-money laundering (AML) policies.
To protect client assets, Eightcap holds client funds in separate trust accounts at top-tier banks, ensuring they are not mixed with the company’s operating capital. This safeguard provides additional protection in the event of insolvency. Eightcap also complies with negative balance protection policies, ensuring that clients do not lose more than the funds deposited in their accounts.
The broker employs security measures such as Secure Sockets Layer (SSL) encryption to protect sensitive client data and transactions from potential cyberthreats. Eightcap also undergoes regular compliance checks and audits to maintain its regulatory standing. These regulatory and security measures reflect Eightcap’s commitment to providing a safe, reliable and transparent trading environment for clients worldwide.
Account Types and Features
Eightcap offers three account types designed to accommodate a range of trading preferences and strategies. Below is an overview of the available accounts:
-
Standard Account
The Standard Account is designed for beginners and traders who prefer straightforward pricing. With no trading commissions, it provides an accessible option for those who want to trade without separate commission fees. Spreads on this account start from 1.0 pips, providing competitive trading conditions. It includes negative balance protection to safeguard users against losses exceeding their account balances. Standard Account holders have access to a broad range of trading instruments across Eightcap’s platforms.
-
Raw Account
The Raw Account is tailored to experienced traders who prioritise low-cost trading and direct market access. This account type provides raw spreads starting from 0.0 pips, making it suitable for scalpers and high-frequency traders seeking to reduce trading costs. A commission of $3.50 per lot per side applies alongside the competitive spreads. As with the Standard Account, leverage of up to 1:500 is available. The Raw Account provides access to institutional-grade trading conditions on the MT4 and MT5 platforms.
-
TradingView Account
The TradingView Account is designed for traders who want to use the charting and social features of the TradingView platform. With this account type, traders can combine Eightcap’s market access with advanced charting and analysis tools. Spreads and commission fees are structured for TradingView integration, allowing traders to combine technical analysis with trade execution. This account may suit traders who rely heavily on advanced charting tools and community insights when making decisions.
How to Open an Account with Eightcap
Opening an account with Eightcap involves a few straightforward steps:
- Registration: Visit Eightcap’s website and click “Sign Up.” Complete the registration form by providing your name, email address, phone number and country of residence.
- KYC Verification: To comply with global regulatory standards, Eightcap requires Know Your Customer (KYC) verification. Upload proof of identity, such as a passport or driving licence, and proof of address, such as a utility bill or bank statement.
- Choose an Account Type: Select the Standard or Raw Account based on your trading preferences. Islamic account options can also be activated upon request.
- Deposit Funds: Once verified, you can fund your account using various payment methods, including bank transfers, credit or debit cards and e-wallets such as Skrill and Neteller. The minimum deposit typically starts at $100.
- Start Trading: Access the MT4, MT5 or TradingView platform to explore more than 800 financial instruments, with features and tools suited to different trading styles.
The process is designed to be efficient, allowing traders to begin trading without compromising compliance or security standards.
Trading Platforms
Eightcap offers a suite of trading platforms designed to meet the needs of traders at different experience levels. The platforms provide advanced tools, customisation features and reliable execution. Below is an overview of the platforms offered by Eightcap:
- MetaTrader 4 (MT4)
MT4 is a widely recognised platform known for its user-friendly interface and trading capabilities. Designed with forex and CFD traders in mind, MT4 supports advanced charting tools, automated trading, multiple order types and customisable features. It is suitable for beginners and experienced traders looking for an intuitive platform with a strong focus on forex trading.
- MetaTrader 5 (MT5)
MT5 is the successor to MT4 and includes a range of enhanced features for traders seeking additional functionality. The platform offers broader asset coverage, advanced technical analysis tools and economic calendar integration. MT5 may suit traders who want a versatile platform with a comprehensive selection of tools for diversified portfolios.
- TradingView Integration
Eightcap provides integration with TradingView, a charting and social trading platform. Key benefits of this integration include advanced charting tools, social trading features and integrated trade execution. This platform integration may appeal to traders who prioritise detailed technical analysis and use trading communities for insights.
- Eightcap WebTrader
Eightcap’s proprietary WebTrader is a browser-based platform designed for convenience:
- No Downloads Required: Access your account from any device with an internet connection.
- User-Friendly Interface: Navigate the platform and execute trades efficiently.
- Real-Time Market Data: Access live quotes and chart updates.
- Mobile Trading
For traders on the go, Eightcap provides mobile apps for MT4 and MT5 that are compatible with iOS and Android devices. These apps include:
- One-Tap Trading: Execute trades with a single tap.
- Real-Time Notifications: Receive updates on market movements and price alerts.
- Full Functionality: Access charting tools, account management features and trading history from your phone.
Whether trading forex, cryptocurrencies or shares, Eightcap’s platform options provide flexibility and access to tools for traders at different experience levels.
Trading Instruments
Eightcap offers a broad range of trading instruments across multiple markets, catering to different trading preferences. This variety provides opportunities for short-term and long-term traders across several asset classes. Here is a breakdown of the available instruments:
-
Forex
Eightcap provides access to a selection of major, minor and exotic currency pairs. Forex trading features include:
- Over 40 Currency Pairs: Including EUR/USD, GBP/USD, AUD/USD and others.
- Tight Spreads: Starting from 0.0 pips on major pairs with Raw Accounts.
- High Leverage: Up to 1:500 for eligible clients, enabling smaller deposits to control larger positions.
- 24/5 Market Access: Trade throughout the working week to respond to global market movements.
Forex may appeal to traders seeking high liquidity and frequent trading opportunities.
-
Commodities
Available commodities include:
- Metals: Gold (XAU/USD) and silver (XAG/USD) provide exposure to precious metals.
- Energy: WTI crude oil, Brent crude oil and natural gas are available for traders seeking exposure to energy market volatility.
- Soft Commodities: Agricultural products such as cocoa and coffee are also available.
Commodities can be used to diversify a trading portfolio and gain exposure to different market sectors.
-
Indices
Eightcap offers CFDs on leading global stock indices, allowing traders to speculate on broader market performance. Available indices include:
- US Markets: S&P 500, NASDAQ 100 and Dow Jones Industrial Average.
- European Markets: DAX 30, FTSE 100 and CAC 40.
- Asian Markets: Nikkei 225, Hang Seng Index and ASX 200.
Trading indices allows traders to gain exposure to broader market movements without focusing on individual shares.
-
Share CFDs
Eightcap provides access to more than 250 share CFDs from major global companies. Features of share CFDs include:
- US Technology Companies: Trade shares in companies such as Apple, Amazon, Meta Platforms and Tesla.
- Global Companies: Trade shares in other major companies such as Nestlé, BMW and Alibaba.
- Leverage Options: Access leverage of up to 1:20 on share CFDs.
- Fractional Shares: Trade smaller amounts while gaining exposure to high-value shares.
-
Cryptocurrencies
Eightcap offers a wide range of cryptocurrency trading options, with access to more than 250 crypto assets. Highlights include:
- Popular Cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Ripple (XRP) and others.
- Altcoins and Tokens: Trade emerging digital assets, including meme coins and DeFi tokens.
- Unique Pairs: Access crypto-to-fiat and crypto-to-crypto pairs.
- High Leverage: Up to 1:50, depending on the crypto asset.
Cryptocurrency trading allows traders to diversify across a volatile digital asset market.
-
Futures CFDs
Eightcap provides access to futures contracts without requiring traders to manage expiry dates. Available futures markets include:
- Energy Futures: WTI and Brent crude oil.
- Commodity Futures: Precious metals and agricultural products.
- Index Futures: Gain exposure to global stock markets through futures derivatives.
Futures CFDs may suit traders who use market forecasts to identify trading opportunities.
-
Leverage and Spreads
- Leverage: Flexible leverage options range from 1:1 to 1:500. Regulatory restrictions may apply depending on the trader’s location.
- Spreads: Raw Account spreads start from 0.0 pips on major forex pairs, with competitive spreads available across other markets.
Trading Conditions
Eightcap offers competitive trading conditions designed to accommodate traders with different experience levels and strategies. The broker provides transparent pricing and a range of options for executing trades.
-
Competitive Spreads
Eightcap offers competitive spreads, particularly for Raw Account holders.
- Raw Accounts: Spreads start from 0.0 pips on major currency pairs such as EUR/USD.
- Standard Accounts: For those who prefer commission-free trading, spreads start slightly higher but remain competitive with industry standards.
- Instrument-Specific Spreads: Commodities, indices and crypto assets also feature competitive spreads, helping traders manage transaction costs.
-
Trade Execution and Liquidity
Eightcap provides fast trade execution supported by liquidity from top-tier providers.
- Execution Speed: Fast execution can help minimise slippage and fill orders promptly.
- Price Stability: Access to deep liquidity supports consistent pricing, including during periods of increased market volatility.
-
Flexible Leverage Options
Eightcap offers leverage options designed to accommodate a range of trading strategies and risk tolerances:
-
Retail Clients: Leverage of up to 1:30 for traders in heavily regulated regions such as the EU and Australia.
Professional Traders: Eligible traders can access leverage of up to 1:500 on forex, commodities and indices.
Crypto Leverage: Leverage of up to 1:50 is available for crypto CFDs, providing increased market exposure alongside risk-management options. -
Trading Hours
Eightcap provides access to global markets almost 24/5. Trading hours vary by instrument:
- Forex: Available around the clock, from Monday at 00:00 server time until Friday at 24:00 server time.
- Indices and Commodities: Trading hours are aligned with the operating hours of the relevant exchanges.
- Cryptocurrencies: Tradable 24/7, providing additional flexibility for cryptocurrency traders.
With competitive spreads, fast execution and flexible leverage options, Eightcap provides trading conditions suited to a variety of strategies.
Deposits and Withdrawals
Deposit Methods
Eightcap supports several deposit options for its global client base:
- Bank Transfers: Traditional bank wire transfers are available for clients who prefer direct bank-to-broker transactions.
- Credit/Debit Cards: Visa and Mastercard are supported for instant deposits.
- PayPal: A widely used option for fast transactions.
- Skrill and Neteller: Popular e-wallet options for online traders.
- Cryptocurrency: Bitcoin deposits are supported, providing another funding option for cryptocurrency traders.
Deposit Speeds
- Instant Processing: Credit or debit card and e-wallet deposits are processed almost instantly.
- 1-3 Business Days: Bank wire transfers may take longer because of bank processing times.
Withdrawal Methods
Eightcap aims to make withdrawals straightforward by offering the same methods used for deposits:
- Bank Wire: Suitable for larger withdrawals or clients who prefer traditional banking channels.
- E-Wallets: Options include platforms such as PayPal and Skrill.
- Crypto Wallets: Available for traders withdrawing Bitcoin.
Withdrawal Speeds
- 24-48 Hours: Withdrawals are generally processed within this timeframe.
- Real-Time Updates: Clients can track the withdrawal process through the client portal.
Fees and Charges
Eightcap does not charge additional fees for most deposit or withdrawal methods.
- Currency Conversion: Traders should consider potential currency conversion costs if their trading account currency differs from the currency used by their payment method.
Security and Transparency
Eightcap places a strong emphasis on transaction security. Financial data is encrypted, and internal protocols are followed to prevent unauthorised access. Compliance with applicable regulations provides additional safeguards for client funds.
Copy Trading and Additional Services
Eightcap provides access to copy trading and automation services for traders seeking to simplify their trading process or diversify their strategies. Through services such as Myfxbook AutoTrade and Capitalise.ai, users can explore automated approaches to trading.
Myfxbook AutoTrade provides a transparent view of available strategies, allowing traders to analyse verified performance metrics such as profitability and risk before choosing to mirror trades.
Capitalise.ai provides tools for creating, testing and deploying rule-based trading strategies without requiring programming skills. These features may help beginners explore established strategies while allowing experienced traders to test different approaches. Eightcap’s platform integrations also provide access to analytics and automation tools that can support different trading methods.
Customer Service
Eightcap provides customer support through live chat, email and telephone. Assistance is available 24/5 to align with global trading hours. The live chat service provides prompt responses from representatives who can assist with technical issues, account management and platform-related queries. Email support offers more detailed responses, typically within 24 hours. Eightcap’s customer service team operates in multiple languages to support its global client base. The platform also hosts a comprehensive FAQ section covering key topics.
Pros and Cons
Pros
-
Regulated and secure: Eightcap is regulated by reputable authorities, including ASIC and SCB, supporting a secure and transparent trading environment.
- Diverse Account Types: Offers Raw, Standard and TradingView accounts to suit different trading styles and requirements.
- Advanced Trading Platforms: Supports MetaTrader 4, MetaTrader 5 and TradingView.
- Broad Range of Instruments: Provides access to forex, shares, commodities, cryptocurrencies and indices.
- Competitive Trading Conditions: Competitive spreads and leverage of up to 1:500 are available to eligible clients.
- Trading Automation Features: Integration with Myfxbook AutoTrade and Capitalise.ai provides access to copy trading and automation tools.
Cons
- Geographic Restrictions: Eightcap is unavailable in certain regions, limiting access for some traders.
- No 24/7 Support: Customer support is available 24/5, which may be inconvenient for weekend traders.
- Cryptocurrency Leverage: Crypto assets have lower leverage limits than some other asset classes.
Conclusion
Eightcap is a regulated broker offering several account types and access to established platforms such as MT4, MT5 and TradingView. Its range of instruments, including forex, shares and cryptocurrencies, supports varied trading strategies. Features such as automated trading tools and competitive trading conditions make the broker suitable for beginners and experienced traders. Although some limitations apply, Eightcap offers a broad selection of services for traders seeking flexibility and regulatory oversight.
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