• Minimum Deposit

    • 50-500
  • Leverage

    • 500:1
  • Regulation

    • ASIC
    • SCB
    • CySec
    • FCA

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Eightcap Review 2023: All You Need To Know

Regulation and LicenseASIC, FCA, CySEC and SCB
HQMelbourne, Australia
Founding year2009
Leverage range1:30 (FCA), 1:30 (ASIC), 1:30 (CySEC), 1:500 (SCB)
Min deposit$100
PlatformsMT4, MT5 and TradingView
Tradable InstrumentsForex, Stocks, Indices, Commodities, and Cryptocurrencies
Demo accountYes
Base CurrenciesEUR, USD, GBP
Customer support24/5 multilingual support
Publicly tradedNo

Eightcap Broker Review Introduction

Founded in 2009, Eightcap is a multi-asset broker regulated by ASIC, FCA, CySEC, and SCB, providing reliable trading services through the MetaTrader 4 and MetaTrader 5 platforms. Eightcap's clients have access to various tradable instruments, including Forex, Stocks, Indices, Commodities, and Cryptocurrencies.

Eightcap offers competitive leverage of up to 1:30 for FCA, ASIC, and CySEC accounts and up to 1:500 for SCB accounts. The broker also provides competitive trading conditions and tight spreads on all products, with a minimum deposit of only $100.

The broker has various customer support options, including 24/5 multilingual support. Customers can also open a free demo account to practice their trading skills in a risk-free environment.

Low minimum depositsNot available to traders in the US
Quick & easy to register
Regulated broker
Good range of assets
Multiple platform support

Moreover, the broker offers robust education and news insight resources to help traders make informed decisions. Eightcap provides a secure trading environment with a wide range of base currencies and flexible funding options. Let's dive into the details of this multi-asset trading platform.

Broker safety details

Eightcap is a highly regulated platform by ASIC, FCA, CySEC, and SCB. The broker still needs to be listed in a blocklist or warning list, and strict regulatory standards protect its clients' funds. The broker has implemented all modern security protocols and uses top-notch encryption technology to keep clients' data safe.

SSL encryption technology is used to prevent third-party access and protect client information. Moreover, the two-factor authentication system helps to protect clients' accounts from unauthorized access.

In addition, the broker keeps clients' money in Tier-1 segregated accounts to ensure their capital protection. The broker also offers negative account balance protection. The negative balance protection ensures that clients will not be liable for any losses that exceed their account balance.

Moreover, Eightcap’s KYC (Know Your Customer) and AML (Anti-Money Laundering) policies work to combat money laundering and maintain high-security standards. KYC helps in preventing any fraudulent activities and ensures that the broker is working in compliance with regulatory standards.

AML helps ensure that the broker is not being used for unlawful activities. All these measures and more make Eightcap one of the safest brokers in the industry.

Fees information

Eightcap gives tough competition to its peers when it comes to fees. The broker offers competitive trading conditions and tight spreads on all products. The spread for major Forex currency pairs starts from 0.0 pips (for the Raw account) and 1.0 pips (for the Standard account.)

Fees TypeEightcap
Deposit feeNo
Withdrawal feeNo
Inactivity feeNo
Fee rankingLow/ Average

Eightcap does not charge any deposit or withdrawal fees, so clients can deposit and withdraw funds without incurring extra charges. Be aware that third-party payment providers may charge additional fees.

Apart from this, the broker does not charge any inactivity fee for dormant accounts. Clients should note that the broker does charge a commission for Raw accounts. The commission rate is set to $3.5 per lot for Forex, indices, and commodities.

Like other brokers, Eightcap also charges a swap fee, which is calculated as the difference in interest rates between two currencies. The swap fee is dependent on market conditions, and is variable.

Spreads fees details

The spreads are highly competitive and vary from one account type to another. The spreads for major Forex currency pairs start at 0 pips (for the Raw account) and 1.0 pips (for the Standard account). The broker also offers tight spreads on CFDs, commodities, and indices.

Eightcap Spreads
Spreads from 0.0 pips

As the spreads are floating, forex traders can take advantage of market conditions and high-quality trading opportunities. Moreover, the spreads are relatively lower compared to other brokers in the industry.

Swap fees details

Swap fees are calculated as the difference in interest rates between two currencies. The swap fee is dependent upon market conditions and its variables. The swap fees can either be positive or negative, depending on the currency pair and market conditions.

Clients should note that the swap fees are applied at 00:00 GMT, Monday to Friday. Therefore, traders should make sure that they understand the swap fees charged by the broker before entering any trades.

For new forex traders, a swap fee is applicable when you hold a position for more than one day. It is essential to remember this fact before entering any trades. Traders hold their positions to take advantage of the opportunities in the market.

Deposit and withdrawal methods

Eightcap supports different payment methods, including bank transfers and e-wallets. The broker offers fast deposit and withdrawal services to its clients. The deposit processing time is quick, while the withdrawal processing time may vary depending on the payment method used.

Eightcap supports various popular payment options, including Visa, Mastercard, Skrill, Neteller, Sofort, and Bank Transfer. Moreover, the broker also supports cryptocurrency deposits through Bitcoin and Ethereum.

Although withdrawals are free, your bank or third-party payment provider may charge you fees. Eightcap recommends that clients check with their banks or payment providers for more information before initiating a withdrawal.

Both deposit and withdrawal processes are protected using the latest security protocol and SSL encryption. Clients can also use two-factor authentication for additional security. Before adding or withdrawing the funds, clients must undergo KYC per the regulatory requirements.

The overall fee structure is transparent and the transaction experience is smooth. Eightcap allows its clients to deposit and withdraw funds with ease. The broker also offers 24/5 customer support in different languages, including English, Chinese, and Spanish.

Tradable markets

Eightcap commodity cfds
Trade commodity CFDs

Eightcap provides its clients access to many tradable markets and hundreds of financial instruments. It includes forex, stocks, indices, commodities, and cryptocurrencies.

Clients can access all these markets through the broker's two powerful trading platforms, MetaTrader 4 and MetaTrader 5. Look at all tradable markets available at this broker and check out what it offers to forex brokers.


With a daily trading volume of more than $5 trillion, Forex is the most popular and liquid market in the world. Eightcap offers access to more than 50 currency pairs, including major, minor and exotic pairs. All these currency pairs are available with competitive spreads and no commissions.

Some of the popular major pairs include EUR/USD, GBP/USD, USD/JPY, AUD/USD, and NZD/USD. The broker also offers a wide range of exotic currency pairs, such as EUR/TRY, USD/SEK, and GBP/ZAR.

For forex traders, this broker offers an extensive range of trading tools and resources. Its advanced charting and analysis capabilities allow traders to make informed decisions in the market.

With a maximum leverage of 1:500, Eightcap allows its clients to take full control of their trading decisions and provides them with the ability to manage their risk. Moreover, competitive spreads help traders to make more profits on their trades.

Shares CFDs

Eightcap also offers access to international stock markets with low commissions and a wide range of stock CFDs. The broker offers more than 500 stocks from the US, UK, and Australia.

The sheer variety of stocks available at this broker allows traders to diversify their portfolios and make smart trades. Some popular stocks traded on Eightcap include Tesla, Apple, Microsoft, and Amazon.

Traders can also access the stocks of famous companies such as Volkswagen, BMW, Deutsche Bank, Siemens, and Bayer. To make the most out of stock trading, Eightcap provides its clients with advanced charting and analysis tools.

For new traders — Shares CFDs let you speculate on the price of a company's shares without taking physical ownership of them.


Eightcap also provides traders access to a wide range of global indices for trading. These include commodities, financial, and stock market indices from around the world.

Some popular indices available at this broker include US30, JPN225, UK100, AUS200, US500, and USTEC. In addition, the broker also offers access to popular indices such as FRA40, ESP35, HK50, and GER30. All these indices can be traded with tight spreads and no commissions.

Indices trading is ideal for investors who want to diversify their portfolios and take advantage of global markets. Index CFDs are also an excellent tool for traders who want to hedge their portfolios against market volatility.


Eightcap provides its clients access to a variety of commodities for trading. These include energy, metals, and soft commodities. The most popular commodities available at this broker are Gold, Silver, Crude Oil, Natural Gas, and Coffee. In crude oil, there are two popular categories — crude oil (WTI) and Brent oil.

Traders can trade these commodities in their base currency with tight spreads and no commissions. Moreover, commodity trading is ideal as it offers traders exposure to a wide range of markets, including energy, agriculture, and metals.


Eightcap market
Eightcap 100+ cryptos

With 100+ Cryptocurrencies, Eightcap allows its clients to trade some of the most popular cryptocurrencies in the world. These include Bitcoin, Ethereum, Ripple, Litecoin, and Dash.

Traders can leverage up to 1:2 for cryptocurrencies which is significantly lower than the 1:500 leverage offered on forex. This helps traders to manage their risk better and make more informed trading decisions.

The broker also boasts advanced charting capabilities and analysis tools. This allows traders to make better decisions in the market and stay ahead of the competition. In addition, cryptocurrency trading offers higher market volatility, making it an ideal choice for experienced traders.

Leverage details

Eightcap provides leverage up to 1:30 for trading forex, stocks, indices, and commodities. However, under SCB regulations, it allows leverage up to 1:500 on forex trades. For cryptocurrency trading, the maximum leverage offered is 1:2.

Leverage allows traders to open larger positions with a smaller amount of money. It also allows traders to increase their potential profits, albeit at the risk of increasing losses as well.

For example, if you have $400 in your trading account with a leverage of 1:30, you can open a position of up to $12,000.

Negative Balance Protection (NBP)

Eightcap boasts industry-leading negative balance protection. This ensures that traders will never lose more than their account balance. It is essential to remember that margin trading does involve a high degree of risk, and you should only invest what you can afford to lose.

Having NBP in place, Eightcap ensures that traders will never be left with a negative balance due to extreme market conditions. It is especially important for beginner traders who might need to become more familiar with the risks involved in trading.

Trading platforms

Eightcap MT4
Mt4 Broker

Eightcap offers its clients access to two of the most popular trading platforms in the world — MT4 and MT5. Both these platforms provide a comprehensive range of features and tools which help traders to stay ahead in the markets. Let's look at both trading platforms and their features:


MT4 is an ideal platform for traders who want a simple and user-friendly interface. This platform offers an advanced charting package with various technical indicators and automated trading strategies. It also provides one-click trading so traders can execute their trades with a single click.

MT4 also has a built-in Expert Advisor (EA), which allows traders to set up automated trading strategies. It is a great way for beginner traders to get started with trading. Using MT4's advanced charting capabilities, traders can set up their custom indicators and backtest their trading strategies.

The best part about MT4 is that it is available for desktop, web, and mobile platforms — so traders can access the platform wherever they go. Moreover, it is available in various languages, making it accessible to traders worldwide.


The MT5 platform offers more advanced features than the MT4. It has a range of advanced technical analysis tools which allow traders to make more informed decisions in the markets. MT5 lets traders test their strategies in the Strategy Tester to assess their strategies' performance.

MT5 also offers advanced order types such as trailing stops and hedge orders, which allow traders to better manage their risk. It also provides enhanced charting capabilities with more advanced tools like the Renko and Heiken-Ashi charts.

MT4 and MT5 are available in desktop, web trader, and mobile versions, so traders can access the markets wherever they are. In addition, Eightcap brings a seamless trading experience for all types of traders.

Trading accounts details

Eightcap offers two trading accounts — Raw and Standard. Let's look at the details of both accounts:


The Raw account offers spreads from 0.0 pips with a minimum deposit of $100. There is a $3.5 per lot commission and a minimum trade size of 0.01 lots. EAs are also available.

Moreover, it offers no stop-and-limit restrictions with access to the global markets. The margin call level is 80%, and the stop-out level is 50%. It helps to manage the risk of trading more effectively.


The Standard account is suitable for traders looking to take advantage of tight spreads and no commissions. It requires a minimum deposit of $100 and a minimum lot size of 0.01.

It also offers no stop-and-limit restrictions with access to the global markets. Similar to the Raw account, the margin call level is set at 80%, and the stop-out level is set at 50%.

Demo account

Eightcap also offers a demo account that can be used to practice trading with virtual funds. It is a great way for beginner traders to get familiar with the trading platform and practice their strategies before investing real money.

Their demo account also includes the same features and tools as their live accounts.

If you're a beginner, it is highly recommended that you use the demo account to test out different trading strategies and become familiar with different markets before investing. Once you feel comfortable with your trading strategies, you can switch to a live account.

Customer support

The broker provides 24/5 multilingual customer support. Their customer service team is friendly and helpful, assisting traders with any trading-related queries. You can get in touch with their support team via email or telephone. Moreover, they have an extensive FAQ section that covers a wide range of topics.

Educational resources

The platform provides a wide range of learning resources covering blogs, videos, market insights, and more. Let's look at some of the primary educational resources available on this platform.

Market news and analysis

The platform goes beyond providing up-to-date market news and analysis. It offers a range of informative articles on popular trading strategies, economic insights, and trading tips.

Their analysis overview section helps traders to stay up-to-date with the latest market trends. In addition, you get detailed market updates, forex news, cryptocurrency news, and analysis of commodities, indices, and stocks.

Overall, their market analysis section is vivid and offers an array of essential tools to help you make informed trading decisions. So whether you're into forex trading or stock trading, Eightcap offers everything you need to stay ahead in the markets.

MetaTrader guide

MetaTrader is a highly popular trading platform, and Eightcap offers a comprehensive guide that covers the basics of MetaTrader 4 and 5. In addition, it provides an overview of the different features, tools, and techniques to help you get started.

It also offers a step-by-step guide on how to use the platform for trading different instruments. In their detailed guide, you will get a complete overview of the other tools, such as the Expert Advisor (EA), to set up automated trading strategies and the various order types available.


The platform provides various educational resources to help traders understand the fundamentals of trading. In addition, it offers guidance on risk management, trading psychology, and other essential trading concepts.

It also offers webinars and seminars hosted by experienced traders who share their insights and wisdom on making the most of the markets. Additionally, it provides an interactive trading simulator to get a feel of trading without risking any real money.

Fundamental analysis helps understand market trends and make informed trading decisions. Eightcap provides an array of resources to help traders make the most of their skills in this regard.

Trading strategies

The platform offers a wide range of trading strategies to help traders make the most of their trading experience. From scalping and hedging to arbitrage and swing trading, they offer everything you need to start your trading journey.

They also provide detailed tutorials on how to execute effective trading strategies. Their strategy guides are comprehensive and easy to follow. Moreover, you will get detailed blogs on various important topics, including risk management and trading psychology.

Financial events

Eightcap provides a comprehensive calendar of upcoming financial events. It helps traders to stay up-to-date on the various economic news and events that may influence their trading decisions.

You will get detailed information on the expected economic releases, such as interest rate decisions, GDP growth rates, and inflation data. Additionally, you will get information on upcoming central bank meetings and other significant events that may affect the markets.

Eightcap Review in a Nutshell


In conclusion, Eightcap is a multi-asset broker that offers a wide range of tradable instruments and educational resources. It provides low spreads, no commissions, and a range of trading platforms.

Moreover, it offers comprehensive market news and analysis, a MetaTrader guide, fundamental analysis, trading strategies, and a financial events calendar. All in all, Eightcap is an ideal choice for traders who want to access the markets with ease and confidence.

It's regulated broker by ASIC, FCA, CySEC, and SCB. In addition, the combination of a wide range of tradable instruments and educational resources makes Eightcap an ideal choice for beginners and experienced traders.

Overall, Eightcap is an excellent broker that offers many trading opportunities and resources to help you make informed trading decisions. So whether you're into forex trading, stocks, indices, commodities, or cryptocurrencies, Eightcap is the perfect broker for you.


What is the minimum deposit?

The minimum deposit is $100.

What is the maximum leverage offered by them?

The maximum leverage offered is 1:500.

Does it offer a demo account?

Yes, Eightcap offers a demo account with virtual cash.

Is this broker regulated?

Yes, it is regulated by the ASIC, FCA, CySEC, and SCB.

What are the deposit methods at Eightcap?

The deposit methods at Eightcap include wire transfers, credit/debit cards, and wallets.

What are the withdrawal methods available with this broker?

The withdrawal methods are similar to the deposit methods, including wire transfers, credit/debit cards, and wallets.

How do I open an account with this broker?

You can open an account by filling out the online registration form on the broker's website.

Does the broker support MT4 and MT5?

Yes, Eightcap supports MT4 and MT5.

What are the spreads at this broker?

The spreads start from 0.0 pips.

What is the minimum trade size?

The minimum trade size is 0.01 lots.

How to contact their customer support?

You can contact customer support by email.

Do they offer educational content?

Yes, it offers educational content such as blogs and market updates.

Can US residents open accounts at Eightcap?

No, US residents cannot open accounts with this broker.

How can I change my password?

You can change your password by logging into your account and going to the "Profile" section. Then, click on the "Change Password" button.

What account types do they offer?

It offers two account types: Raw and Standard.

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