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Traders looking for low spreads and fast execution
Those who want access to MT4, MT5, and TradingView
Crypto traders interested in diverse cryptocurrency CFD offerings
Broker Review
Eightcap is a globally recognized forex and CFD broker known for its tight spreads, fast execution, and diverse trading platforms. Established in 2009 and headquartered in Melbourne, Australia, the broker is regulated by ASIC (Australia) and FCA (UK), ensuring a secure and reliable trading environment. Offering MetaTrader 4 (MT4), MetaTrader 5 (MT5), and TradingView integration, Eightcap caters to both beginner and advanced traders. The platform provides access to over 800 financial instruments, including forex, commodities, indices, stocks, and cryptocurrencies, making it a competitive choice in the industry.
Trading Experience
Score: 17/20
Eightcap provides a seamless and efficient trading experience with MetaTrader and TradingView support, allowing traders to execute trades with low latency and deep liquidity.
✔ Access to MT4, MT5, and TradingView for a flexible trading environment
✔ Fast order execution speeds, averaging 0.1 seconds
✔ Support for automated trading with Expert Advisors (EAs) and VPS hosting
✔ Advanced charting tools and technical indicators
❌ No proprietary trading platform
❌ Limited educational resources for beginners
Eightcap’s trading environment is optimized for both manual and algorithmic traders. The fast execution speed and low latency make it highly suitable for scalpers and day traders. Additionally, the integration with TradingView enhances technical analysis capabilities, allowing traders to execute trades directly from charts.
For algorithmic traders, Eightcap supports Expert Advisors (EAs) and Virtual Private Server (VPS) hosting, enabling 24/7 automated trading. However, traders who prefer a proprietary platform may need to rely on third-party solutions like MT4 and MT5.
Final Score Calculation
| Category | Score | Reasoning |
|---|---|---|
| Platform Variety | 4/5 | MT4, MT5, and TradingView, but no proprietary platform |
| Execution Speed | 5/5 | Fast trade execution with minimal slippage |
| Trading Tools | 4.5/5 | Advanced indicators, EAs, and VPS hosting |
| Educational Resources | 3.5/5 | Could expand beginner-friendly content |
| Total Score | 17/20 | Strong execution and tools, but lacks a proprietary platform |
Tradable Products
Eightcap provides over 800 tradable instruments, including forex, commodities, indices, stocks, and cryptocurrencies, making it a versatile broker.
✔ Wide range of CFDs, covering major and exotic forex pairs
✔ Extensive cryptocurrency CFD offerings, including Bitcoin, Ethereum, and altcoins
✔ Diverse commodity and index trading options
❌ Limited forex pairs compared to top competitors
❌ Only CFD trading – no access to physical stocks or ETFs
Eightcap’s cryptocurrency CFD selection is one of the best in the industry, making it a top choice for crypto traders. It offers access to major and altcoins, along with leverage options that many competitors lack.
Final Score Calculation
| Category | Score | Reasoning |
| Asset Variety | 4/5 | Strong CFD offerings, but no physical stock trading |
| Depth of Offering | 3.5/5 | Wide crypto selection but fewer forex pairs |
| Leverage & Market Access | 4/5 | Up to 500:1 leverage for professional traders |
| Innovative Features | 3.5/5 | Focuses on CFD trading only |
| Total Score | 15/20 | Excellent for crypto traders, fewer forex pairs than competitors |
Regulation & Security
Score: 15/20
Eightcap is regulated by ASIC and FCA, providing a secure trading environment with segregated client funds and negative balance protection.
✔ Regulated by top-tier authorities (ASIC, FCA)
✔ Negative balance protection available
✔ Client funds held in segregated accounts
❌ Investor protection is limited outside the UK/EU
❌ No public financial reports for transparency
Eightcap operates under strict regulatory oversight, ensuring that client funds are kept separate from company funds to enhance security. However, investor protection is primarily available to UK/EU clients, leaving traders from other regions with fewer safeguards. Additionally, Eightcap does not publicly disclose financial records, which could be a consideration for those prioritizing broker transparency.
Final Score Calculation
| Category | Score | Reasoning |
|---|---|---|
| Regulatory Oversight | 5/5 | Strong regulation from ASIC & FCA |
| Client Protection | 3.5/5 | Segregated accounts but limited investor protection outside UK/EU |
| Transparency | 3/5 | No public financial disclosures |
| Total Score | 15/20 | Strong regulation but lacks full transparency |
Spreads, Fees & Commissions
Score: 16/20
Eightcap offers competitive spreads, with a choice between a Standard commission-free account and a Raw spread account with low commissions.
✔ Low spreads with Raw account (0.1 pips on EUR/USD)
✔ No deposit or withdrawal fees
✔ Transparent pricing model
❌ Higher spreads on Standard account
❌ Commission charges on Raw account
Final Score Calculation
| Category | Score | Reasoning |
| Trading Fees | 4/5 | Competitive spreads and commissions |
| Non-Trading Fees | 4/5 | No deposit/withdrawal fees |
| Transparency | 4/5 | Clear pricing model |
| Total Score | 16/20 | Cost-effective but commissions apply to Raw account |
Deposits & Withdrawals
Score: 17/20
Eightcap provides a wide range of deposit and withdrawal options, including bank transfers, credit/debit cards, and e-wallets, with no fees charged by the broker. Processing times are quick, though withdrawals may take 1-3 business days, depending on the method used.
✔ Multiple deposit and withdrawal options, including bank transfers, credit/debit cards, and e-wallets
✔ No deposit or withdrawal fees charged by Eightcap
✔ Fast processing times, with most deposits being instant
✔ Low minimum deposit of $100, making it accessible for all traders
❌ Limited number of base currencies compared to competitors
❌ Withdrawal processing times can vary, with bank transfers taking longer
Eightcap offers a hassle-free deposit and withdrawal process with zero fees on transactions. The availability of multiple payment methods, including bank transfers, credit/debit cards, Skrill, Neteller, and PayPal, ensures convenience for global traders. Most deposit methods are instant, allowing traders to fund their accounts without delays.
However, while Eightcap does not charge withdrawal fees, some payment providers or banks may impose their own fees, which traders should check before initiating transactions. Withdrawals typically take 1-3 business days, with e-wallet options being faster than traditional bank transfers. Additionally, Eightcap supports only a limited selection of base currencies, which could result in currency conversion fees for some traders.
Final Score Calculation
| Category | Score | Reasoning |
| Deposit Methods | 4/5 | Bank, cards, e-wallets |
| Withdrawal Processing Speed | 4/5 | Quick withdrawals |
| Fee Structure | 5/5 | No fees |
| Total Score | 17/20 | Fee-free transactions with fast processing |
Customer Support & Reputation
Score: 17/20
Eightcap offers 24/5 multilingual support via live chat, email, and phone, with positive trader reviews on platform stability.
✔ 24/5 live chat, email, and phone support
✔ Multilingual customer service
✔ Strong reputation for platform stability
❌ No 24/7 support
❌ Occasional slow response times during peak hours
Final Score Calculation
| Category | Score | Reasoning |
| Availability | 4/5 | Live chat, email, phone, but no 24/7 support |
| Response Time | 4/5 | Generally quick, but slow at peak times |
| User Feedback | 4.5/5 | Positive reviews on execution reliability |
| Total Score | 17/20 | Strong support, with minor response delays at peak times |
Final Verdict
Eightcap is a strong choice for traders looking for low spreads, fast execution, and a variety of CFD products, especially in crypto trading. The platform’s reliability, regulation, and fee structure make it a competitive option, though traders seeking traditional stock trading may need alternatives.
✅ Recommended for traders looking for fast execution and competitive spreads!
✔ Fast execution speeds with high liquidity
✔ Leverage up to 500:1
✔ Competitive trading fees with no deposit fees
✔ Strong security measures, including segregated accounts
❌ No physical stock or ETF trading
❌ Regulatory investor protections limited outside UK/EU
Is Eightcap a regulated broker?
▼Yes, Eightcap is regulated by ASIC (Australia) and the FCA (UK), ensuring compliance with strict financial standards and client protection measures.
What account types does Eightcap offer?
▼Eightcap provides two main account types: Standard Account: Commission-free trading with slightly higher spreads. Raw Account: Tight spreads from 0.0 pips with a commission of $3.50 per lot per side.
What trading platforms are available on Eightcap?
▼Eightcap supports MetaTrader 4 (MT4), MetaTrader 5 (MT5), and TradingView, offering traders access to advanced charting tools and algorithmic trading capabilities.
What financial instruments can I trade on Eightcap?
▼Eightcap offers trading in Forex, Commodities, Indices, Shares CFDs, and Cryptocurrencies.
What is the minimum deposit required to open an account?
▼The minimum deposit required to start trading with Eightcap is $100.
Does Eightcap charge deposit or withdrawal fees?
▼No, Eightcap does not charge any deposit or withdrawal fees, but third-party payment providers may apply their own charges.
What are Eightcap’s trading fees?
▼Trading fees depend on the account type: Standard Account: No commissions, spreads from 1.0 pips. Raw Account: Spreads from 0.0 pips, with a $3.50 commission per lot per side.
How long do withdrawals take with Eightcap?
▼Withdrawal times vary depending on the payment method: E-wallets (Skrill, Neteller, PayPal): Usually processed within 24 hours. Bank Transfers: Can take 1-3 business days. Credit/Debit Cards: Typically processed within 3-5 business days
Does Eightcap offer negative balance protection?
▼Yes, Eightcap provides negative balance protection, ensuring traders do not lose more than their deposited funds.
Is Eightcap suitable for beginner traders?
▼Yes, Eightcap offers a user-friendly platform, demo accounts, and educational resources, making it a suitable option for beginner traders.
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