Eightcap Review 2026
Established in 2009
•
Australia
• ASIC Regulated
Eightcap is a well-established broker with a solid 4.3/5 rating. Regulated by ASIC (highest protection tier), this broker offers spreads from 0.1 pips on EUR/USD with a minimum deposit of $100. Trade 800+ instruments including forex, CFDs, and more.
📊 Eightcap Overview
Eightcap (Eightcap Pty Ltd) is a well-established broker founded in 2009 headquartered in Melbourne, Australia. The broker operates under the supervision of ASIC , one of the world's most respected financial regulators known for strict oversight and investor protection .
With access to 800+ tradable instruments including 45 forex pairs , 250 cryptocurrencies , 400 stocks , and various indices, Eightcap caters to diverse trading strategies.
| Legal Name | Eightcap Pty Ltd |
|---|---|
| Founded | 2009 |
| Headquarters |
Melbourne, Australia
|
| Primary Regulation | ASIC (Tier 1 - Highest Protection) |
| Instruments | 800+ assets |
| Min Deposit | $100 |
| Max Leverage | 1:500 |
📖 Eightcap — In-Depth Introduction
Since 2009, Eightcap has been serving traders worldwide, accumulating 17 years of expertise in the financial markets. Operating under the stringent oversight of ASIC, Eightcap adheres to the highest regulatory standards in the industry. This tier-1 regulation means clients benefit from robust investor protection, including segregated accounts, negative balance protection, and access to compensation schemes. Eightcap positions itself as a premium choice for cost-conscious traders, with EUR/USD spreads averaging just 0.1 pips—significantly below the industry average of 1.0 pip.
Company Background
Eightcap (legally Eightcap Pty Ltd) has been operating in the financial services industry for 17 years. Headquartered in Melbourne, Australia, the company has weathered multiple market cycles including the 2008 financial crisis and the 2020 pandemic volatility, demonstrating operational resilience.
The broker provides access to 800+ tradable instruments.
💸 Eightcap Fees — Complete Cost Analysis
Trading costs at Eightcap are exceptionally competitive, placing this broker among the most cost-effective options available. With EUR/USD spreads averaging 0.1 pips, active traders can significantly reduce their transaction costs compared to the industry average. Eightcap's ECN accounts feature $3.5 commission per lot, combined with raw spreads. Total trading costs often work out lower than spread-only accounts for high-volume traders. Consider this cost analysis: with 0.1 pip spreads, each standard lot trade on EUR/USD costs $1 in spread. An average retail trader making 50 trades monthly would spend approximately $50 on spreads.
Trading Costs Breakdown
💡 Cost Calculator: Eightcap
Non-Trading Fees
| Fee Type | Eightcap | Industry Average |
|---|---|---|
| Deposit Fee | Free | Free - $25 |
| Withdrawal Fee | Varies by method | $0 - $50 |
| Inactivity Fee | None | $10-50/month |
Want to compare fees with other brokers?
⚖️ Compare🛡️ Is Eightcap Safe? — Complete Security Analysis
With a Trust Score of 82/100, Eightcap demonstrates adequate safety standards for most retail traders. The broker maintains reasonable protections while balancing accessibility. Eightcap implements institutional-grade fund security: segregated accounts, regular third-party audits, and in some jurisdictions, investor compensation scheme coverage up to €20,000.
Regulatory Framework
Eightcap is regulated by ASIC.
Security Features Checklist
Understanding the Trust Score
Our 82/100 Trust Score is calculated using 15+ safety factors including regulation, company history, financial transparency, and client fund protection.
📋 Methodology👤 Who Should Use Eightcap?
✅ Best For
- Beginners will appreciate Eightcap's low $100 minimum deposit, free demo account, and educational resources. The learning curve is manageable, making it suitable for those just starting their trading journey.
- Scalpers and high-frequency traders should consider Eightcap for its 0.1 pip spreads and rapid execution. Every fraction of a pip saved adds up when executing dozens of trades daily.
- Muslim traders can benefit from Eightcap's swap-free Islamic accounts, which comply with Sharia principles. No interest is charged on overnight positions.
- Eightcap's copy trading functionality makes it ideal for passive investors who want market exposure without active management. Follow successful traders and replicate their strategies automatically.
❌ May Not Suit
- Those seeking the absolute lowest trading costs.
Looking for alternatives?
📝 The Bottom Line on Eightcap
Eightcap is a solid choice for most traders looking for reliability with a 4.3/5 rating.
📈 Eightcap Detailed Scores
Our expert team evaluates brokers across 8 key categories. Here's how Eightcap performed in our rigorous testing:
Eightcap offers a solid trading experience with competitive conditions.
💰 Eightcap Fees & Spreads
Understanding trading costs is crucial for profitability. Eightcap uses a Raw/ECN spread model with commissions of $3.5 per lot round turn. The average EUR/USD spread is 0.1 pips — one of the lowest in the industry.
📊 Typical Spreads
| Pair | Min | Average |
|---|---|---|
| EUR/USD | 0.1 | 0.1 pips |
| GBP/USD | 0.8 | 1.2 pips |
| USD/JPY | 0.6 | 1.0 pips |
| XAU/USD | 15 | 25 cents |
💳 Other Fees
| Commission (ECN) | $3.5/lot |
| Deposit Fee | Free |
| Withdrawal Fee | Free (method dependent) |
| Inactivity Fee | None |
| Swap-Free (Islamic) | ✓ Available |
💡 Trading Cost Example
Trading 1 standard lot (100,000 units) of EUR/USD with Eightcap:
- Spread Cost: 0.1 pips × $10/pip = $1.0
- Commission: $3.5 round turn
- Total Cost: $4.5 per lot
🛡️ Eightcap Regulation & Safety
Eightcap is regulated by ASIC, a Tier 1 - Highest Protection regulatory authority. This means the broker must adhere to the strictest financial regulations, including capital requirements, regular audits, and mandatory investor protection schemes.
📜 Regulatory Licenses
- ASIC 391441
- FCA 921296
- SCB SIA-F220
🔒 Safety Features
- ✓ Segregated Client Funds
- ✓ Negative Balance Protection
- ✗ Investor Compensation
- — Publicly Traded
🎯 Trust Score: 82/100
High Trust: Eightcap has demonstrated excellent regulatory compliance and safety standards.
🖥️ Eightcap Trading Platforms
Eightcap offers 3 trading platforms, giving traders flexibility in how they access the markets. Mobile apps are also available for iOS and Android.
MetaTrader 4
The world's most popular forex platform. Ideal for beginners and algo traders with Expert Advisor support.
- ✓ Expert Advisors (EAs)
- ✓ Custom Indicators
- ✓ One-Click Trading
- ✓ Mobile & Desktop
MetaTrader 5
Advanced multi-asset platform with more timeframes, order types, and improved backtesting.
- ✓ 21 Timeframes
- ✓ Depth of Market
- ✓ Economic Calendar
- ✓ Multi-Asset Support
TradingView
Popular charting platform with social features and extensive technical analysis tools.
- ✓ Social Trading
- ✓ Pine Script
- ✓ Cloud-Based
- ✓ Paper Trading
📋 Platform Comparison
| Feature | MT4 | MT5 | cTrader |
|---|---|---|---|
| Available | ✓ | ✓ | ✗ |
| Copy Trading | ✓ | ✓ | ✓ |
| Algo Trading | ✓ | ✓ | ✗ |
| VPS Available | Not offered | ||
| API Access | Not available | ||
🌐 Eightcap Tradable Instruments
Eightcap offers access to 800+ tradable instruments across multiple asset classes. This includes 45 forex pairs , 250 cryptocurrencies , and 400 global stocks.
👤 Eightcap Account Types
Eightcap offers various account types to suit different trading needs and experience levels. Demo accounts are available for practice. Swap-free Islamic accounts are also available for Muslim traders.
Practice with virtual funds
Compliant with Sharia law
Not available
Not available
Replicate successful traders
💳 Eightcap Deposits & Withdrawals
Eightcap requires a minimum deposit of $100 — one of the most accessible in the industry.
📥 Deposit Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets (Skrill, Neteller)
📤 Withdrawal Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets
⚖️ Eightcap Pros & Cons
✅ Pros
- Ultra-low spreads from 0.1 pips on EUR/USD
- Top-tier ASIC regulation ensures high safety standards
- Offers both MetaTrader 4 and MetaTrader 5 platforms
- Free demo account available for practice
- Low minimum deposit of just $100 makes it accessible
- Negative balance protection for retail traders
- Copy trading available for passive investing
- Swap-free Islamic accounts available
❌ Cons
- Limited educational resources for advanced traders
📚 Eightcap Education & Research
Eightcap's educational offerings are limited compared to some competitors.
Limited
Not available
Basic coverage
Available on trading platforms
🎧 Eightcap Customer Support
Eightcap offers customer support to assist traders with their queries.
⭐ Eightcap User Reviews
📝 User reviews will be displayed here. Share your experience with Eightcap!
Write a Review🏆 Eightcap — Our Verdict
Eightcap is a solid choice for most traders. With ASIC regulation, 0.1 pips EUR/USD spreads, and a $100 minimum deposit, this broker is particularly accessible for beginners .
Best for: Scalpers and high-frequency traders , Safety-focused traders , Beginners with limited capital , Passive investors
⚠️ Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
❓ Eightcap — Frequently Asked Questions
Is Eightcap a safe and regulated broker?
Yes, Eightcap is regulated by ASIC, which is a Tier 1 - Highest Protection regulatory authority. The broker also holds licenses from 2 additional regulators. Client funds are kept in segregated accounts with negative balance protection.
What is the minimum deposit at Eightcap?
The minimum deposit at Eightcap is $100. This is considered low and accessible for beginners.
What trading platforms does Eightcap offer?
Eightcap offers the following trading platforms:
- MetaTrader 4 (MT4) — The most popular forex trading platform
- MetaTrader 5 (MT5) — Advanced multi-asset platform
- TradingView — Popular charting and analysis platform
- Web Platform — Trade directly from your browser
- Mobile Apps — Available for iOS and Android
What are Eightcap's spreads on EUR/USD?
Eightcap offers EUR/USD spreads with an average of 0.1 pips. The broker uses Raw/ECN spreads. On ECN accounts, there's a commission of $3.5 per lot round turn.
How long do withdrawals take at Eightcap?
Withdrawal processing times at Eightcap depend on the payment method:
- E-wallets: 0-24 hours
- Credit/Debit Cards: 2-5 business days
- Bank Transfers: 3-7 business days
Does Eightcap offer a demo account?
Yes, Eightcap offers free demo accounts with virtual funds so you can practice trading without risking real money. This is an excellent way to test the platform and develop your trading strategy.
What is Eightcap's maximum leverage?
Eightcap offers maximum leverage of 1:500. However, note that leverage limits vary by region due to regulatory requirements:
- EU/UK/Australia: Up to 1:30 for major forex pairs (retail)
- Professional traders: Higher leverage may be available upon qualification
- Other jurisdictions: Leverage up to 1:500 may be available
Higher leverage increases both potential profits and potential losses.
Can I use Eightcap in ?
Eightcap accepts traders from . The broker operates under ASIC regulation. Always verify current availability and applicable regulations on the broker's website.
Does Eightcap offer Islamic (swap-free) accounts?
Yes, Eightcap offers Islamic (swap-free) accounts that comply with Sharia law. These accounts do not incur swap charges for positions held overnight. Contact Eightcap's support to request an Islamic account.
What instruments can I trade with Eightcap?
Eightcap offers access to 800+ tradable instruments:
- 45 Forex currency pairs
- 250 Cryptocurrencies
- 400 Stock CFDs
- 15 Index CFDs
- 7 Commodities
