Trade forex with Eightcap's MetaTrader!
200+ CFDs, low fees, secure trading. Join for a seamless trading experience today! Benefit from our dedicated customer support.
  • Over 800 trading instruments
  • TradingView, MT4 & MT5 support
  • High-speed trade execution
  • Low spreads
  • Personalized support
  • Educational resources
  • Multi-jurisdiction regulation
  • May be overwhelming for beginners
  • Low spreads not always guaranteed
  • Minimum deposit may be high

Eightcap, established in 2009, has solidified its presence in the Forex and CFD trading landscape. With its focus on MetaTrader platforms and an expansive array of cryptocurrency offerings, Eightcap has carved a niche in the trading community. However, despite its strengths, the broker faces challenges in market variety, educational resources, and research depth, which are vital for maintaining competitive edge.

Minimum Deposit$100
Maximum Leverage1:500
Deposit OptionsPayPal, Skrill, Visa/Mastercard, Bank Wire
Withdrawal OptionsPayPal, Skrill, Visa/Mastercard, Bank Wire
Time to WithdrawalInstant option, 1-3 days
Availability of a Demo AccountYes ✅
Year Founded2009
Headquarters LocationMelbourne, Australia
Trading Platform UsedMetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView
SpreadsAverage spread of 0.06 pips (Raw account), 1.0 pips (Standard account)
Commissions$3.50 per trade (Raw account)
Account Types OfferedRaw, Standard
Customer Support Availability24/5
Trading Instruments Available45 forex pairs, 900 CFDs, Cryptocurrency (CFDs)
Web Trading OptionYes ✅
Mobile Trading OptionYes ✅ (MT5 app for iOS and Android, TradingView app)
Number of Currency Pairs Offered42
CFDs AvailabilityYes ✅
EA/Robots UsageYes ✅ (via MT4, MT5)
Scalping PolicyYes ✅
Copy Trading/Social Trading OptionsYes ✅
List of Prohibited CountriesUSA

Service Overview

Eightcap, recognized for its MetaTrader-exclusive approach, incorporates third-party trading resources and algorithmic trading platforms like Capitalise.ai and TradingView, enriching the trading experience.

Platform & Instruments

  • Cryptocurrency: Over 200 cryptocurrency CFDs, earning accolades for its extensive selection.
  • Forex Pairs: Offers 42 forex pairs, although the overall range of less than 800 CFD symbols may appear limited.
  • Trading Platforms: Primarily MetaTrader 4 and MetaTrader 5, coupled with TradingView for enhanced charting and analysis.

Despite these offerings, Eightcap’s market range, especially in non-crypto categories, doesn’t quite match the breadth of some competitors. Moreover, the exclusion of MetaTrader suite for U.K. investors is a notable gap.

Accounts & Fees

Eightcap presents two account types: the commission-based Raw account and the spread-only Standard account. With an average spread of 0.06 pips and a commission of $3.50 per side, the costs are competitive but slightly above the industry’s lowest rates. The minimum deposit requirement stands at $100.

Additional Features

  • Research & Education: While Eightcap offers a good variety of written research articles and some third-party content, its educational resources lack depth and the ability to filter by experience level. The inclusion of more comprehensive and structured educational content could greatly benefit traders, especially beginners.
  • Mobile Trading: The absence of a proprietary mobile trading app positions Eightcap behind industry leaders. However, it supports iOS and Android versions of the MT5 app and integrates with the TradingView mobile app for advanced charting.
  • Security & Regulation: Regulated in three Tier-1 jurisdictions, Eightcap ensures a high level of trust and security. However, it holds one Tier-4 license, indicating areas with higher risk.
  • Customer Support: Not explicitly mentioned in the provided content, but vital for comprehensive service evaluation.


Eightcap stands out with its extensive cryptocurrency offerings and MetaTrader-focused trading environment. However, the limited market variety, educational resources, and research depth are areas where it lags behind leading competitors. For traders prioritizing cryptocurrency trading and MetaTrader platforms, Eightcap is a worthy consideration. However, those seeking extensive educational material, diverse market offerings, and in-depth research may need to weigh these considerations carefully.


Q: Is Eightcap Regulated?

A: Yes, Eightcap is regulated by top-tier authorities including the Australian Securities & Investment Commission (ASIC), the Financial Conduct Authority (FCA), and within the EU via the MiFID passporting system.

Q: What Trading Platforms Does Eightcap Offer?

A: Eightcap offers MetaTrader 4, MetaTrader 5, and integrates with TradingView for advanced charting and analysis.

Q: Is Eightcap Suitable for Cryptocurrency Trading?

A: Yes, Eightcap offers a vast selection of over 200 cryptocurrency CFDs, making it a strong option for cryptocurrency trading.

Q: What Are the Account Types and Fees at Eightcap?

A: Eightcap offers two account types: Raw account with commission-based pricing and Standard account with spread-only pricing. The average cost is slightly higher than the lowest in the industry.

Q: How Does Eightcap Ensure the Security of Client Funds?

A: Eightcap ensures the security of client funds through stringent regulatory compliance, being regulated in three Tier-1 jurisdictions and holding an Australian Financial Service License.

For a more detailed comparison and to explore further, consider visiting the official Eightcap website or checking additional reviews.

Article Sources: ForexBrokers.com, Eightcap Official Website.

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