Eightcap is a leading global FX and CFD broker that offers more than 800 instruments, including 100+ cryptos, to its clients. The client can choose from a Standard and Raw account, starting from 0.0pips, as well a TradingView account.

Eightcap was founded in 2009 in Melbourne, Australia, and it has expanded to five global offices and hundreds of thousands of clients. Eightcap is a great broker, offering access to Forex, Commodities, Indices, Shares, and Crypto markets around the world. This broker has also won quite a few awards, including:

  • “Best Forex Trading Support – EUROPE” Global Forex Awards (2022)
  • “Best Forex Educational Resources -GLOBAL” Global Forex Awards (2022)
  • “Best CFD Broker Australia 2022” International Business Magazine Awards (2022)
  • “Best MT4 Broker Australia” International Business Magazine Awards (2022)

Read through this review to decide if Eightcap is right for you.

Pros and Cons


  • TradingView integration
  • Code-free automation
  • Professional trading insight
  • Low Spread Account Available
  • No Deposit/Withdrawal Fees
  • Easy To Open An Account
  • Many Educational Tools
  • Specialized Tools
  • MetaTrader 4 And 5 Available
  • Trading View integration


  • No US Traders
  • $100 Minimum Deposit

We recommend this broker for traders of all experience levels, no matter whether they are novices or old pros. Eightcap offers 24/7 customer support, as well as an easy sign-up process. Additionally, this broker has a wealth of educational tools, something new traders will find very beneficial. These educational resources include:

  • MetaTrader Guides. These guides cover the ins and outs of trading on MetaTrader, a platform suite considered the “gold standard” within the trading industry.
  • Fundamentals & Strategies. Additionally, Eightcap offers guides and information on fundamentals, strategies, and how to trade. These resources will be particularly useful to those who are just starting out on their trading career.
  • Analysis. Eightcap offers analytical features, including CFD news, market updates, Forex news, and live webinars.

The plethora of educational resources is why we say that this broker is appropriate for traders of all skill levels.

Regulated By

  • The Financial Conduct Authority (United Kingdom)
  • Cyprus Securities and Exchange Commission (Cyprus)
  • Australian Securities and Investments Commission (Australia)
  • Financial Services Authority (Saint Vincent and the Grenadines)
  • The Securities Commission of The Bahamas (SCB)

Account Options

  • Broker TypeNon-Advisory/Executionary Broker
  • Minimum Deposit$100
  • Forex Majors SpreadFrom 0 (Raw Account)
  • ScalpingYes
  • HedgingYes (Non-ASIC Clients)
  • Free Demo AccountYes
  • Traders From USANo

Top Features

  • 100+ Crypto Derivatives. If you’re interested in trading cryptocurrency (or are an active crypto trader), then you will like Eightcap. You can choose from hundreds of crypto derivatives, including crypto indices and crypto crosses. You don’t even need a wallet—you can use the various payment methods Eightcap allows. You can trade these derivatives on MT5 or TradingView.
  • TradingView. TradingView is the most popular charting platform in the industry, and, happily, Eightcap offers it. TradingView has over thirty million users around the world, all of which benefit from this resource’s cutting-edge charts and information. With TradingView, you can access trading data, market analysis, and more.
  • Specialized Tools. Another major highlight of Eightcap is its selection of specialized tools. It offers Capitalise.ai, CryptoCrusher, and a Forex VPS to its clients. For Capitalise.ai, Eightcap even provides free live trading sessions to teach you how to link your Eightcap account to this AI platform.
  • MAM Software. If you’re a fund manager or professional asset manager, Eightcap has Multi Account Manager software for you. This money management program has great pricing, flexible allocations, and an easy-to-use interface through the MT4 platform.


  • Type of BrokerCFD, Cryptocurrency, Forex, & Stock Brokers
  • Regulation & LicensingThe Financial Conduct Authority (United Kingdom), Cyprus Securities and Exchange Commission (Cyprus), Australian Securities and Investments Commission (Australia), Financial Services Authority (Saint Vincent and the Grenadines), The Securities Commission of The Bahamas (SCB)
  • Clients Accepted fromNot Permitted In Countries Like The U.S., Iran, North Korea, Republic of Congo, etc.
  • Assets OfferedForex, Commodities, Indices, Shares, Cryptocurrencies
  • Platforms AvailableWeb, Download, Mobile
  • Mobile CompatibilityiOS, Android
  • Payment Types AcceptedCredit/Debit, POLi, Bank Wire, BPay, China UnionPay (uPOP), Skrill, Neteller, Cryptocurrency, PayPal, Worldpay, Fasapay, PSP (Virtual Account), PayRetailers, Interac, PIX, DragonPay, Help2Pay, Beetleer

Account Types

FeaturesZero Commissions, EAs And Scalping Allowed, Hedging Allowed For Non-ASIC Clients, 80% Margin Call Level, 50% Stop Out LevelLow Spreads, EAs And Scalping Allowed, Hedging Allowed For Non-ASIC Clients, 80% Margin Call Level, 50% Stop Out Level
Available LeverageUp to 1:500Up to 1:500
Minimum Deposit$100$100
Commission Per Trade$03.5AUD/USD/NZD/SGD/CAD, 2.25GBP, or 2.75EURper standard lot traded
Decimal PricingUp to 5Up to 5
Trading InstrumentsForex, Commodities, Indices, Shares, CryptocurrenciesForex, Commodities, Indices, Shares, Cryptocurrencies
Min. Lot Size Per Trade0.010.01
Spreads0.5-1.8 pips0.0-1.0 pips
Demo AccountYesYes
Swap/Rollover FreeNoNo
Copy Trading SupportYesYes

Trading Platforms

  • MetaTrader 4
  • MetaTrader 5
  • WebTrader
  • TradingView

Trading and Investment Tools

  • One Click TradingYes
  • Trade off ChartsYes
  • Email AlertsYes
  • Mobile AlertsYes
  • Stop OrderYes
  • Market OrderYes
  • Trailing Stop OrderYes
  • OCO OrdersYes
  • Limit OrderYes
  • 24hr TradingYes
  • Charting PackageYes
  • Streaming News FeedYes

Compliance & Regulation

One of the biggest “pros” of this broker is that it is highly regulated. Multiple governmental bodies oversee Eightcap, including The Financial Conduct Authority (United Kingdom), Cyprus Securities and Exchange Commission (Cyprus), Australian Securities and Investments Commission (Australia), Financial Services Authority (Saint Vincent and the Grenadines), and The Securities Commission of The Bahamas (SCB). In the trading industry, being multi-regulated is a huge plus.

Fees & Commissions

  • Rollover FeeDepends On The Trade In Question
  • Margin InterestDetermined By CFD Provider


There are no deposit or withdrawal fees with this broker, nor are there any fees to open an account. If you are inactive, you also won’t incur a fee. It is a big “plus” to see Eightcap avoid charging these fees, as they can eat into trader profits. For a Standard account, there are no commissions charged. If you have a Raw account, however, you will incur some commissions (see table above).

Eightcap offers multiple markets in which to trade, including Forex, Commodities, Cryptocurrency, Indices, and Shares. If you want more information and the full rundown on Eightcap’s trading conditions, go to https://www.eightcap.com/en/trading/trading-conditions/spreads/

Service Details

  • Supported LanguagesMultilingual
  • Customer Service ByEightcap
  • Customer Service Hours24/7
  • Email Response TimeWithin 48 Hours
  • Telephone OrdersNo
  • Personal Account ManagerYes

Reliability & Security

You can tell a lot about a broker’s reliability by the type of platforms it uses. In addition to being heavily regulated by multiple different organizations and governmental bodies, Eightcap also uses the “gold standard” of platforms for its trading. It offers MetaTrader 4 and 5 to its clients, as well as WebTrader. These suites have a reputation for being, for the most part, glitch-free. Both new and advanced traders will appreciate the high-tech, expansive platforms that Eightcap offers.

User Experience

There are many customer reviews out there on Eightcap, and we have gathered these aggregate star ratings for anyone who might be interested. Here are some of the online reviews we found and their sources:

  • TrustPilot: 4.4/5
  • ForexBrokers: 4/5
  • DayTrading: 4.6/5
  • TradersUnion: 6.6/10
  • 55Brokers: 4/5
  • FXEmpire: 4.4/5
  • FXScouts: 4.1/5
  • WikiFX: 7.5/10
  • Google: 4.7/5

As you can see, nearly all of these ratings trend positively.

Final Thoughts on

It appears that, with this broker, the awards speak for themselves. Eightcap has low spreads, low-or-no commissions, and excellent platforms and educational resources to offer its traders.

Contact Info

laptopWebsite: https://www.eightcap.com

laptopEmail: [email protected]

callTelephone: +61 3 8375 9700, +61 3 8373 4800

location_onCompany Address:
The Rialto, South Tower, Level 35, 525 Collins St, Melbourne VIC, 3000