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Eightcap Broker Review 2025

Eightcap Broker Review 2025
Company:Eightcap
Founded:-
Min Deposit:$100
Max Leverage:500
Headquarter:

Australia

US Accepted:
Assistive tools for traders Educational resources Demo account

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

About
Eightcap, founded in Melbourne, Australia, is a Forex broker with licenses from 4 financial authorities, such as ASIC and FCA. The company has a Trustpilot rating of 4.3/5 from over 2300 reviews.
Contact
The Rialto”, South Tower, Level 35/525 Collins St, Melbourne VIC 3000, Australia
Rank and Score
Pros and Cons
Account Types
Platforms
Pros
Strong Regulation
Third-Party Platform Integration
Competitive Spreads
High Leverage
Cons
Basic Educational Resources
Platform Restrictions
High minimum deposit
score of blog
3.9 From 5.0
(46)
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Eightcap is a Forex broker offering a maximum leverage of 1:500 with 6 tradable markets [Forex, commodities, metals, crypto, indices, shares.] There are 3 account types [Standard, Raw, TradingView] with spreads starting from 1.0 pip on the first one.

Also, the brokerage provides access to 3 trading tools [Capitalise.ai, FlashTrader, AI-powered economic calendar.]

Eightcap; Company Information & Regulation

Eightcap broker
A complete review of Eightcap broker with features, pros and cons

Eightcap was founded in 2009 in Melbourne, Australia. This company claims this as its sole clear objective: "to provide exceptional financial services to clients worldwide". Over the years, this commitment has paid off handsomely, with Eightcap winning numerous awards for their services, platforms, tools, and educational resources. Perhaps most notably, they were crowned Global Broker of the Year 2023 at the prestigious Global Forex Awards - a testament to their dedication to excellence.

One of the key factors that contribute to Eightcap's stellar reputation is its robust regulatory framework. The broker is regulated in multiple jurisdictions, including:

  • Australian Securities and Investments Commission (ASIC)
  • UK Financial Conduct Authority (FCA)
  • Cyprus Securities and Exchange Commission (CySEC)
  • Securities Commission of The Bahamas (SCB)

Summary of Specifications

To give you a comprehensive overview of what Eightcap offers, let's break down their key specifications:

Broker

Eightcap

Account Types

Standard, Raw, TradingView, Demo

Regulating Authorities

ASIC, FCA, CySEC, SCB

Based Currencies

USD, GBP, AUD, EUR, NZD, CAD, SGD

Minimum Deposit

$100

Deposit Methods

Crypto, e-wallets, credit/debit card, bank transfer, Online Payment Systems

Withdrawal Methods

Crypto, e-wallets, credit/debit card, bank transfer, Online Payment Systems

Minimum Order

0.01 pips

Maximum Leverage

1:500

Investment Options

None

Trading Platforms & Apps

MT4, MT5, TradingView

Markets

Forex, crypto, indices, commodities, metals, shares

Spread

From 0 pips

Commission

From 0

Orders Execution

Market Execution

Margin Call/Stop Out

80%/50%

Trading Features

Demo account

Assistive tools for traders

Educational resources

Affiliate Program

Yes

Bonus & Promotions

Sign-in bonus

Islamic Account

None

PAMM Account

None

Customer Support Ways

Email, phone, live chat

Customer Support Hours

24/5

Account Types

Eightcap Account Types
Eightcap has 3 Real Accounts and 1 Demo Account.

Eightcap offers 3 main account types to meet different trading styles and preferences. You can choose one of these according to your own way of trading:

  • Standard
  • Raw
  • TradingView account
  • Demo

At the table below, we will discuss each live account's specifications and compare them together:

Account Type

Raw

Standard

TradingView Account

Minimum spreads

0 pips

1.0 pips

1.0 pips

Available instruments

Over 800

Over 800

Over 800

Commission & fees

for each side per standard lot traded:

3.5 USD, CAD, NZD, SGD, AUD

2.25 GBP

2.75 EUR

None

None

For all these accounts, the minimum deposit is $100, the margin call level is 80% and the stop out level is 50%. The minimum and maximum order sizes are 0.01 and 100 pips, respectively. Additionally, scalping is allowed on all accounts. Also, you can use Eightcap demo account for practicing your skills and testing your strategies.

Benefits and Drawbacks

Being aware of the pros and cons while choosing a good broker is important. As with any broker, Eightcap has its strengths and weaknesses. In the table below, we will have an overview of the advantages and disadvantages:

Pros

Cons

Strong Regulation

Basic Educational Resources

Third-Party Platform Integration

Platform Restrictions

Competitive Spreads

High minimum deposit

High Leverage

Opening an Account and Verification

The Eightcap Global Ltd Registration is seamless and fast. Whether you choose to register via email or Google, the process is designed to be completed in just a few steps.

#1 Visit the Official Site

Head to the Eightcap homepage and click “Create Account.”

#2 Choose Your Sign-Up Method

Select “Continue with Email” or sign up using your Google account.

#3 Enter Your Info

Submit your email address, create a secure password, and provide your country, full name, and mobile number.

Eightcap Registration Form
Enter your details, such as email to signup for Eightcap

#4 Verify Your Email

Check your inbox for the activation link and click “Verify Email Address” to complete the process.

#5 Eightcap Verification

 For verification, you will need to upload the required documents, such as your passport and bank statement. Eightcap's compliance team will review your application and documents. This process usually takes up to 24 hours.

Go to the Profile section, look for the KYC/Verification button, and follow the instructions.

Platforms and Applicationsto

Eightcap offers a range of popular trading platforms to suit different trader preferences:

MetaTrader 4 (MT4)

Eightcap MT4
Eightcap MT4 is Available For Desktop, Web, Android and iOS.
  • Industry-standard platform
  • Advanced charting capabilities
  • Automated trading with Expert Advisors (EAs)
  • Custom indicator support
  • Available for desktops, browsers (WebTrader), and smartphones

MetaTrader 5 (MT5)

Eightcap MT5
Eightcap supports MetaTrader 5 as one of its Trading Platforms.
  • Next-generation platform with enhanced features
  • More timeframes and graphical objects than MT4
  • Economic calendar integration
  • Advanced Market Depth feature
  • Available for desktop, web (webTrader), and mobile

TradingView

  • Access to more than 15 customizable chart types
  • Over 100,000 community-built indicators
  • Extensive library of custom indicators
  • Accessible from different devices
  • Attractive interface with advanced options
  • Real-time access to a data feed
  • Alerts and notifications with a high level of customizability

Commissions and Spreads

Eightcap prides itself on offering competitive trading costs. You should consider that the spreads vary based on the traded asset or market conditions. Here's a breakdown of their commission and spread structure:

Account Type

Spreads

Commissions

Standard

From 1.0 pip

None (Except Shares)

Raw

From 0 pip

$7 per standard lot traded (round turn)

TradingView

From 1.0 pip

None (Except Shares)

Deposit and Withdrawal Options

Eightcap Deposit and Withdrawal Options
Eightcap Supports more than 10 Payment Methods.

Eightcap offers a variety of deposit and withdrawal methods to provide suitable options for traders from different regions. Here are the methods available on the broker:

  • Credit/Debit Cards (Visa, Mastercard)
  • Bank Wire Transfer
  • E-wallets (Skrill, Neteller)
  • Online Payment Systems (PayPal)
  • Cryptocurrencies (Bitcoin, Ethereum, Tether)

Copy Trade and Investment Options

Eightcap does not offer any kinds of tools and platforms for earning passive income such as copy trading, PAMM accounts, etc. Therefore, if you are looking to copy from professional traders, you need to look elsewhere.

What Markets and Symbols are Available on Eightcap?

At this section of the Eightcap broker review, we discuss the tradable markets. This broker is focused mostly on CFDs, and covers various markets and instruments through these contracts. Instruments and markets available on Eightcap:

  • Forex Currency Pairs
  • Commodities
  • Precious Metals
  • Cryptocurrencies
  • Indices
  • Shares

Eightcap offers over 800 tradable symbols, including 56 forex pairs and more than 200 cryptocurrency CFDs - one of the most extensive crypto offerings in the retail CFD industry.

However, crypto assets are available exclusively as derivatives (CFDs), and not as physical coins. Retail traders in the U.K. are restricted from accessing crypto CFDs due to regulatory constraints.

Broker Bonus and Promotions

Eightcap offers several attractive bonuses and promotions to both new and existing clients. Here's a breakdown of their current offerings:

  • Sign up bonus: a personal client-specific bonus that depends on the user and can be discussed with the personal account manager
  • Referral Program: Rewards both the referrer and the referred client, with varying specifics, check the website for current details
  • Trading Challenges: regular competitions with attractive prizes

It's important to note that bonuses and promotions in the Forex industry are subject to strict regulations and may not be available in all jurisdictions. Always read the terms and conditions carefully before participating in any promotional offers.

Customer Services and Support

Eightcap prides itself on providing excellent customer service, which has contributed to their numerous industry awards. Here's how you can contact the support team:

  • Email
  • Phone
  • Live chat

You can expect the support team to answer your questions on 24/5. Unfortunately, despite some other brokers, this one does not offer customer services on weekends.

Banned Countries: Can You Trade on Eightcap?

Eightcap Banned Countries
Eightcap is Not Available in Iran, North Korea and Congo.

Eightcap is a global broker that serves clients from many countries around the world. However, due to regulatory restrictions and company policies, there are some jurisdictions where Eightcap cannot offer its services. While the broker doesn't publicly list all banned countries, some of the countries restricted from this brokers' services are as follows:

  • Iran
  • North Korea
  • Congo

It's important to note that the list of countries where Eightcap can or cannot operate may change over time due to evolving regulations and company policies. If you're unsure about your eligibility to open an account with Eightcap, the best course of action is to contact their customer support directly or check the terms and conditions on their website.

Tools for Trading

Eightcap provides a suite of powerful trading tools to enhance the trading experience for its clients:

  • Capitalise.ai: Code-free automation tool, create, test, and automate trading strategies using natural language
  • FlashTrader: Quick order placement tool for targeting multiple profits, calculating position size, and placing stops/limits with one click
  • AI-powered Economic Calendar: Historical market impact data and sentiment analysis to help generate trade ideas from over 1000 macro-economic events

Trust Scores

Eightcap has established itself as a trusted broker in the industry, with several factors contributing to its reliability. At this section of Eightcap broker review, we will have an overview of the brokerage's score on reputable websites:

Eightcap Score on Trustpilot
Eightcap users score on Trustpilot review website

Education Materials and Resources

Eightcap provides a range of educational materials to help traders improve their skills and knowledge. This broker offers these resources in the form of a separate section called "Eightcap Labs":

  • Platform walkthrough tutorials and guides
  • Trading Fundamentals guide
  • educational materials on Trading Strategies:
  • E-books and lectures from professionals in financial markets
  • Events and Webinars
  • Video Tutorials and analysis

While Eightcap's educational offerings are comprehensive, they lack some advanced features like content filtering by experience level or progress tracking. However, the broker's commitment to education is evident, and these resources can be valuable for traders at various stages of their journey.

Eightcap in Comparison with Others

In the table below, you can see a comprehensive comparison between the Eightcap broker and its rivals; Eightcap Comparison:

Parameters

Eightcap Broker

TMGM BrokerFBS BrokerAlpari Broker

Regulation

ASIC, FCA, CySEC, SCB

ASIC, VFSC, FSC, FMA

FSC, CySEC

MISA

Minimum Spread

0.0 Pips

0.0 Pips0.0 Pips0.0 Pips

Commission

From $0

$3.5 in EDGE, $0.0 in CLASSICFrom $0From 0 on Trading (depending on the account type and payment method)

Minimum Deposit

$100

$100

$5$50

Maximum Leverage

1:500

1:1000

1:30001:3000

Trading Platforms

MT4, MT5, TradingView

MetaTrader 4, MetaTrader 5, IRESS, TMGM Mobile AppMetaTrader 4, MetaTrader 5, Mobile AppMetaTrader 4, MetaTrader 5, WebTrader

Account Types

Standard, Raw, TradingView, Demo

EDGE, CLASSIC

Standard

Standard, ECN, Pro ECN, Demo

Islamic Account

None

YesYesYes

Number of Tradable Assets

800+

12000+550+750+

Trade Execution

Market

Market Execution, Limit Order, ECNMarketMarket

Trading Finder Conclusion and Final Words

Eightcap, a financial trading broker, requires a minimum deposit of $100 for getting started. It provides 3 trading platforms [MetaTrader 4, MetaTrader 5, TradingView] for trading with 0 spreads on the Raw account.

There are no trading commissions for Standard and TradingView accounts (except for shares).

FAQs

Is Eightcap a regulated broker?

Yes, Eightcap is regulated by several top-tier financial authorities such as the UK's FCA and Australia's ASIC.

Is Eightcap available for traders from all countries?

No, some countries such as Iran and North Korea are restricted from this broker's services.

What trading platforms does Eightcap offer?

This broker offers trading services on Metatrader 4 & 5 and TradingView.

What is the maximum leverage offered in Eightcap?

This broker enables access to a leverage of up to 1:500.

What is the minimum deposit for trading with Eightcap?

You will need a deposit of at least $100.

Does Eightcap offer copy trading or other methods for earning passive income?

No, there are no such options available.

What account types does Eightcap offer?

Eightcap offers Standard, Raw, Trading View, and Demo accounts to suit various trader preferences.

What are the spreads on Eightcap’s Standard account?

Spreads on Eightcap’s Standard account start from 1.0 pip with no commission.

What are the commissions on Eightcap’s Raw account?

Eightcap charges a commission starting from $7 per round turn per lot on the Raw account.

Does Eightcap support Islamic accounts?

No, Eightcap currently does not offer Islamic (swap-free) accounts.

What trading tools does Eightcap provide?

Eightcap offers Capitalise.ai, Flash Trader, and an AI-powered economic calendar.

What markets can you trade with Eightcap?

Eightcap offers Forex, Commodities, Metals, Cryptocurrencies, Indices, and Shares, with over 800 tradable symbols.

Does Eightcap allow scalping and algorithmic trading?

Yes, Eightcap allows both scalping and automated trading using Expert Advisors (EAs).

What deposit and withdrawal methods does Eightcap support?

Eightcap supports crypto, e-wallets, credit/debit cards, bank transfer, and online payment systems.

What are the margin call and stop-out levels at Eightcap?

Eightcap enforces a margin call at 80% and a stop-out level at 50%.

Does Eightcap provide educational content for traders?

Yes, Eightcap offers educational resources under Eightcap Labs, including tutorials, webinars, and strategy guides.

Does Eightcap offer bonuses or promotions?

Eightcap offers sign-up bonuses, referral programs, and trading competitions, subject to region and terms.

What is Eightcap’s customer support availability?

Eightcap offers 24/5 customer support via email, phone, and live chat.

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