Eightcap Forex Review 2026
60% of retail FX and CFD accounts lose money.
Eightcap - At a Glance
- Established
- 2009
- Headquarters
- Lvl 37, Rialto South Tower, 525 Collins Street, Melbourne, Vic, 3000, Australia
- International Offices
- Australia, United Kingdom, Seychelles, Bahamas, Vietnam, China, Cyprus, Vanuatu
- Publicly Traded
- No
- Broker Type
- STP, ECN, NDD
- Regulation
- ASIC (Australia), CySEC (Cyprus), FCA (United Kingdom), FSA Seychelles (Seychelles), FSC Mauritius (Mauritius), SCB (Bahamas)
- Segregated Client Funds
- Yes
- Negative Balance Protection
- Varies
Guaranteed by law for clients on the UK, Australian and EU licences, where losses cannot exceed your deposit. The Seychelles, Mauritius and Bahamas licences carry no such rule, and Eightcap's contract does not promise it separately.
- Banking License
- No
- Languages
- English, Spanish, French, Chinese, German, Portuguese, Italian, Thai, Vietnamese, Bulgarian, Korean, Indonesian
- Customer Support
- Email, Phone, Live Chat
- Customer Support Hours
- 24/5
- Demo Account
- Yes
- Swap Free Account
- No
- Joint Account
- Yes
- Corporate Account
- Yes
- Managed Account
- No
- PAMM / MAM Trading
- No
- Social / Copy Trading
- No
- Minimum Deposit
- $100
- Payment Methods
- Bank Transfer, Debit/ Credit Card, Apple Pay, Google Pay, Paypal, BPay, UnionPay, Skrill, Neteller, Cryptocurrency, Interac, Fasapay, Pix, Dragon Pay, PSP Virtual
- Account Currencies
- AUD, USD, GBP, EUR, NZD, CAD, SGD, RMB, BRL, MYR, PHP, THB, VND, MYR, IDR, USDT, BTC
- Maximum Leverage
- 1:30 (ASIC, FCA and CySEC retail), up to 1:500 (SCB Bahamas, FSA Seychelles and FSC Mauritius entities). Wholesale and professional classification reaches 1:500 on the Australian entity
- Bonuses
- Varies
Deposit and trading bonuses are prohibited for retail clients under ASIC, CySEC and FCA rules, so they are not available on those entities. Offered through the Mauritius and Seychelles entities where local rules permit.
- Contests
- Varies
Trading competitions are restricted for retail clients under ASIC, CySEC and FCA rules. Available through the Mauritius and Seychelles entities where local rules permit.
- Markets & Products
- Forex, CFDs
- Currency Pairs
- 55 FX pairs
- Minimum Lot Size
- 0.01
- Maximum Lot Size
- 100
- Decimal Pricing
- 5 decimals
- Order Types
- Market execution with pending orders: buy limit, sell limit, buy stop and sell stop, plus buy stop limit and sell stop limit on MetaTrader 5. Stop loss, take profit and trailing stop on all platforms. TradingView and TradeLocker add their own order sets, with execution direct from TradingView charts.
- Execution Type
- ECN, STP and no dealing desk
- Margin Call Level
- 100% margin level
- Stop Out Level
- 50% margin level
- Hedging
- Yes
- Scalping
- Yes
- Spread Type
- Variable
- Spread From
- 1.0 pips (Standard Account), 0.0 pips (Raw Account)
- Commission
- $3.5 per standard lot traded (on Raw account only)
- Overnight / Swap Fees
- Yes
- Deposit Fee
- No
- Withdrawal Fee
- No
Eightcap charges no internal deposit or withdrawal fees. Banks and payment processors may add intermediary charges.
- Currency Conversion Fee
- Yes
- Account Maintenance Fee
- No
- Inactivity Fee
- No
- Custody Fee
- No
- Trading Platforms
- TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradeLocker
- Mobile App
- Yes
- API Access
- No
- VPS Hosting
- Yes
- Automated Trading
- Yes
How Eightcap's costs compare
The marker is the median of every active broker we rate, computed from the same structured data as the reviews. Headline from-spreads are the broker's advertised best case; your account type and instrument change them.
Pros & Cons
Pros
- Strong regulatory oversight
- Fast and easy account opening
- Low minimum deposit
- Multiple fast and secure payment methods
- Multiple account currency options
- Free deposit and withdrawal
- Low forex fees
Show 4 more
- Low CFD fees
- Negative balance protection
- Demo account for practice trading
- Supports TradingView, MT4 and MT5
Cons
- Limited product range
- No proprietary trading platform
- Limited research tools
- No integrated social/copy trading feature
