EightCap Review
Eightcap was founded in 2009 in Melbourne and is run through a number of licensed entities around the world - ASIC (Australia), CySEC (EU), FCA (UK),SCB (Bahamas) and FSA (Seychelles). Their headquarters remain in Melbourne, Australia and they have managed over the years to build from that regulated base and prioritise a modern platform selection and broad set of trading instruments.
Opening an account is the familiar sequence: submit ID, answer the personal suitability questions and then manage funding through your Client Portal. There are a variety of funding methods available - the usual credit/debit cards and bank transfer options along with Skrill, Neteller and regional methods; crypto rails (USDT TRC20/ERC20 and BTC for USD accounts) are also available in supported regions. Eightcap notes withdrawals are reviewed by their finance team and can take 1-2 business days on their side before the payment network time is added. In practice, however, allow realistic settlement windows-about 1-3 business days in most cases and cards can stretch from 2 to 5 days. This is not particularly quick when compared to many other brokers, some of which process withdrawals in a few hours or less.
Eightcap keeps the account structure simple and maps it cleanly to platform preferences. Both live accounts are available on MT4/MT5, and there’s a dedicated TradingView route if you prefer to chart and trade in the browser with their direct API connection. Leverage isn’t a one-size-fits-all – it is set by the regulator you fall under – for example SCB (Bahamas) and FSA (Seychelles) allow up to 1:500 while FCA/CySEC/ASIC retail caps are 1:30, so expect the specifics to change by entity. There is a minimum deposit of $100 to open an account:
- Standard Account: spread-only pricing, no commission, spreads from ~1.0 pip on key FX pairs (shares have their own commission schedule).
- Raw Account: tight spreads from 0.0 with small commission (USD $3.50 per side per lot).
- TradingView Account: trade straight from TradingView via Eightcap’s broker connection; spread-only (no commission on FX/CFDs), with the same market range and base currencies as the other accounts.
Platform coverage is a clear strength. MT4 and MT5 are available across desktop, web and mobile if you rely on EAs and indicators or prefer the traditional MetaTrader setup. If your trading is chart-driven, Eightcap’s TradingView integration is first-class - pick Eightcap in the Trading Panel and place orders directly from the chart once your account is connected. It’s a great way to centralise analysis and execution without juggling logins.
The product list is big enough to keep even advanced traders happy. Eightcap offers 800+ instruments and spans FX, metals, energies, indices, shares and ETFs, and a notably deep crypto roster. Working from the instrument list you supplied, the current breakdown looks like this: Forex (56 pairs), metals (12), energies/commodities (4), indices (17), crypto (118), ETFs (31), with shares and ETFs totalling 582. The crypto range is the standout for a traditional multi-asset forex broker.
There are a number of useful add-ons beyond the core trading stack. Trading Labs is Eightcap’s education hub and provides structured guides, strategy primers and regular content which is handy if you prefer a single, curated source. The FlashTrader plug-in for MT5 focuses on faster, more consistent order execution - automatic bracket orders, quick position sizing and the ability to set and adjust profit targets in a single flow. For partners and fintechs, “Embedded powered by Eightcap” is a Trading-as-a-Service API that lets third parties integrate derivatives trading into their own applications.
Two practical notes to be aware of. Firstly, leverage, product availability and even some funding methods vary by regulator and region, so what you see on the global pages may be different under stricter regimes - check the disclosures and symbol specifications for your entity you signed up with. Secondly, while the portal is straightforward, you should factor in realistic settlement times for funding rather than counting on instant clearing.
Overall, Eightcap is a practical choice for traders who want the familiar (MT4/MT5), the modern (TradingView with direct execution) and a genuinely broad selection of tradeable assets with particular depth in crypto, inside a clearly regulated group of entities. Add in Trading Labs for skill-building, FlashTrader for speed and an Embedded API for those building on top, and you’ve got a broker that focuses on tools and coverage rather than gimmicks - exactly what most active traders actually use.
Typical Spread on Majors
| EUR/USD | 1.0 |
| GBP/USD | 1.5 |
| USD/JPY | 1.2 |
- Company Info
| Headquarters | Melbourne, Australia |
| Type of Broker | STP & ECN/STP |
| Founded | 2009 |
| Regulated By | Regulated By ASIC (Australia), CySEC (Cyprus), FCA (United Kingdom), SCB (Bahamas), FSA (Seychelles) |
| Offices In | Australia, United Kingdom, Bahamas, Cyprus, Seychelles |
| Supported Languages | English, German, Spanish, French, Italian, Malaysian, Portugues, Thai, Chinese, Inonesian, Taiwanese |
| ESMA Regulation ? | This broker is regulated within the E.U and may be subject to ESMA's new Forex and CFD trading restrictions. To find out more about these restrictions, please see this article |
- Account Details
| Account Currencies | AUD, USD, EUR, GBP, NZD, CAD, SGD |
| Minimum Deposit | $100 |
| Traders from USA Allowed | No |
| Clients Funds Segregated | Yes |
| Interest on Margin | No |
| Islamic Accounts | No |
| ECN / STP Accounts Offered | Yes |
| Commission on STP or ECN | $3.50 / Lot per side (Raw Account) |
| VIP Accounts Offered | No |
| Mini Accounts Offered | Yes |
| PAMM / MAM Solutions | No |
| API Solutions | Yes |
| Mobile Trading | Yes |
| Web Based Trading | Yes |
| Funding Methods | Credit/Debit Cards, Wire Transfer, Skrill, Neteller, BPAY, UnionPay, USDT (TRC20), USDT (ERC20), BTC, fasapay, pix, dragonpay |
| Withdrawal Methods | Credit/Debit Cards, Wire Transfer, Skrill, Neteller, BPAY, UnionPay, USDT (TRC20), USDT (ERC20), BTC, fasapay, pix, dragonpay |
- Platform Details
| Platforms Offered | MetaTrader 4 (MT4) Desktop/Web/iOS/Android, MetaTrader 5 (MT5) Desktop/Web/iOS/Android, TradingView Web/iOS/Android |
| NO of Pairs | 56 |
| Cryptocurrency Trading | Yes |
| Pricing Digits | 5 |
| Trade off Charts | Yes |
| One-click Execution | Yes |
| Email Alerts | Yes |
| Mobile Alerts | No |
| Trading Server Time | GMT + 3 |
| Demo Account Expiry | 30 Days |
| VPS Offered | No |
- Trading Details
| Dealing Desk | No |
| Maximum Leverage | 500:1 |
| Minimum Contract Size | 0.01 |
| Execution | Market Excecution |
| Hedging | Yes |
| Scalping | Yes |
| Scalping Restrictions | No |
| Option of OCO | No |
| Option of FIFO | No |
| Liquidity Providers | 4+ |
| Negative Balance Protection | No |
- Additonal Instruments
| CFD's | Yes |
| Metals | Yes |
| Oil | Yes |
| Stocks | Yes |
| Indices | Yes |
FAQ
Is Eightcap regulated?
Yes. Eightcap operates under multiple entities regulated by ASIC (Australia), CySEC (EU), the FCA (UK), the SCB (Bahamas) and the FSA (Seychelles). :contentReference[oaicite:0]{index=0}
What is the minimum deposit at Eightcap?
The minimum deposit to open a live account is $100.
Which account types does Eightcap offer?
Eightcap offers two core account types - Standard (spread-only) and Raw (commission + tight spreads). There is also a dedicated TradingView account option for those who want to trade directly from TradingView.
Which trading platforms does Eightcap support?
MT4, MT5 and TradingView are all supported across web and mobile, with direct TradingView integration available.
Can I trade directly from TradingView with Eightcap?
Yes. Choose TradingView during account setup, then connect your Eightcap account from TradingView’s Trading Panel to place orders from the chart.
What instruments can I trade at Eightcap?
Eightcap provides access to 800+ CFDs spanning forex, indices, commodities, shares/ETFs and a notably large crypto offering (100+ crypto derivatives)
What are Eightcap's spreads and commissions?
Spreads range from 1.0 pip on Standard and from 0.0 on Raw, with Raw charging a commission (e.g., ~USD $7 round-trip per FX lot).
Does Eightcap accept U.S clients?
No. Unfortunately Eightcap does not accept traders from the USA.
What is the minimum trade size at Eightcap?
The minimum order size is generally 0.01 lots (instrument dependent).
Does Eightcap offer a demo account and does it expire?
Yes. Demo accounts are available and last for 30 days.
What leverage does Eightcap offer?
Eightcap offers leverage up to 1:500, although lower limits may apply in certain regions due to regulatory restrictions.
Does Eightcap have negative balance protection?
Yes. Eightcap provides negative balance protection for retail clients to prevent losses from exceeding deposits.
Does Eightcap allow scalping?
Yes. Eightcap allows all trading styles, including scalping, hedging and the use of automated (EA) strategies.
Does Eightcap have Swap Free Accounts?
No, Eightcap does not have swap free accounts (also called Islamic accounts).
How can I fund and withdraw at Eightcap, and are there fees?
You can fund or withdraw via cards, bank transfer, Skrill, Neteller, BPAY, UnionPay, and selected cryptocurrencies. Eightcap charges no internal fees, but banks or payment providers may apply their own.
Are scalping, hedging and Expert Advisors (EAs) allowed at Eightcap?
Yes. Eightcap allows scalping, hedging, and the use of Expert Advisors (EAs) on MT4 and MT5 platforms.
What time zone do the MetaTrader platforms use at Eightcap?
Eightcap’s MT4 and MT5 servers operate on GMT+3.
What are the trading hours for major markets at Eightcap?
Trading hours depend on the market. Forex runs 24/5, while crypto trades 24/7. Check your instrument details for specific session times.
Is crypto CFD trading available to UK retail clients with Eightcap?
No. Due to FCA rules, crypto CFDs are not available to UK retail traders.
Is Eightcap a market maker or STP/ECN?
Eightcap operates a hybrid model and may act as a market maker while using multiple liquidity providers for pricing.
Which base currencies can I open my Eightcap account in?
You can open an account in several base currencies, including AUD, USD, EUR, GBP, NZD, CAD, SGD, depending on your region.
EightCap Reviews
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