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Independent broker review

Eightcap Forex & CFD Broker Review | TradingView, MT4 & MT5

Eightcap is an Australia-based forex and CFD broker established in 2009, offering trading on MT4, MT5, and TradingView platforms. It is regulated by top-tier au...

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4.0 Score
How we score

We may earn a commission if you visit this broker. That does not affect our rating. Your capital is at risk. CFDs are complex instruments.

Pros & Cons

What we like and what could be improved about Eightcap

Pros

  • Regulated by reputable authorities (ASIC, FCA)
  • Supports MT4, MT5, and TradingView
  • Competitive spreads with low trading costs
  • Fast execution and reliable infrastructure
  • Wide range of instruments including crypto CFDs
  • Suitable for both beginners and advanced traders

Cons

  • Limited educational resources compared to competitors
  • No proprietary trading platform

Eightcap Overview

Key data on fees, platforms, deposits, and trading conditions

Regulation
FCA (UK), ASIC (Australia), CySEC (Cyprus), SCB (Bahrain)
Minimum deposit
$100
Spreads
From 0.0 pips (Raw account) / 1.0 pips (Standard account)
Commission
Raw account: approx. 3.5 USD per lot per side
Leverage
Up to 1:500
Trading platforms
MetaTrader 4, MetaTrader 5, WebTrader, TradingView

Fees

Spreads, commissions, and non-trading costs

Minimum deposit
$100
Spreads
From 0.0 pips (Raw account) / 1.0 pips (Standard account)
Commission
Raw account: approx. 3.5 USD per lot per side
Pricing model
Commission-based Raw accounts with spreads from 0.0 pips; Standard accounts spread-only pricing, no commission

Safety

Regulation, investor protection, and fund security

Regulation
FCA (UK), ASIC (Australia), CySEC (Cyprus), SCB (Bahrain)
Regulated jurisdictions
Australia, United Kingdom, Cyprus, and Bahamas.
Licenses
Eightcap holds multiple regulatory licenses, including ASIC (AFSL 391441), FCA (FRN 921296), CySEC (246/14), and SCB (SIA-F220).
Investor protection
No
Segregated client funds
Yes
Negative balance protection
No

Deposit & Withdrawal

Funding methods, fees, and processing options

Deposit methods
Bank transfer, credit/debit cards, PayPal, Skrill, Neteller, crypto (varies by region)
Withdrawal methods
Bank transfer, credit/debit cards, Skrill, Neteller, PayPal (same methods as deposit depending on account jurisdiction)
Withdrawal fee
Free
Payment methods
Visa, Mastercard, bank wire, e-wallets (Skrill, Neteller, PayPal), cryptocurrency (availability varies)

Trading Platforms

Desktop, web, and mobile trading software

Platforms
MetaTrader 4, MetaTrader 5, WebTrader, TradingView
Mobile trading
Yes – available via MetaTrader 4 (MT4) and MetaTrader 5 (MT5) mobile apps
Web trader
Yes – available via TradingView web platform and browser-based trading
Charting tools
Advanced charting via TradingView, MT4, and MT5 with technical indicators and drawing tools
Social / copy trading
No – Eightcap does not offer built-in social/copy trading features
VPS hosting
Available

Markets & Products

Available instruments and product coverage

Account types
Most Trusted, Beginner Friendly, ECN Raw, Standard, Islamic, ECN, Raw, Low Spread, Crypto, Stock CFD, Scalping EA, Fast Execution
Standout feature
Low spreads from 0.0 pips with fast execution on MT4, MT5, and TradingView platforms.

Demo Account

Practice trading without risking real money

Demo account
Not available

Research & Education

Analysis tools, news, and learning resources

Research tools
Market analysis, trading signals, and third-party integrations (TradingView insights)
Educational resources
Basic trading guides, webinars, and beginner materials (limited compared to top-tier education brokers)
News & analysis
Market news feeds provide real-time updates on global financial markets, including forex, commodities, indices, and cryptocurrencies. An integrated economic calendar helps traders track key macroeconomic events, data releases, and central bank announcements that may impact price movements. In addition, Eightcap offers access to third-party analysis tools and insights through platforms like TradingView and MetaTrader, supporting technical and fundamental analysis for informed trading decisions.

Customer Support

Help channels and service availability

Support channels
24/5 support via live chat, email, and phone
Languages
English, plus localized support depending on region (e.g., European languages via CySEC entity)

Account Types

Compare spreads, leverage, and conditions across Eightcap accounts

Frequently Asked Questions

Common questions about Eightcap

No, the base currency is selected during registration and cannot be changed later. You would need to open a new account if you want a different currency.
No, guaranteed stop-loss orders are not available. Stop-loss execution depends on market liquidity and volatility
Yes, dividend adjustments are applied to equity CFD positions when holding trades over ex-dividend dates.
Yes, positions can be held over weekends, but swap fees or rollover charges may apply depending on the instrument.
Yes, hedging is allowed on MT4 and MT5 where regulations permit

Community Reviews

Trader ratings and comments about Eightcap

Overall User Rating

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