Eightcap Review
Updated regularly · Independent ratings
Overall Rating
4.0 / 5
Fees
4.6 / 5
Safety
4.6 / 5
Platforms
4.2 / 5
Education
3.5 / 5
Min. deposit
$100
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.
Eightcap — At a Glance
Full broker data from our database
| Minimum deposit | $100 |
| Broker type | STP, ECN, NDD |
| Spread type | Variable |
| Spreads from | 1.0 PIPS (Standard Account), 0.0 PIPS (Raw Account) |
| Commission | $3.5 per standard lot traded (on Raw account only) |
| Maximum leverage | 1:500 |
| Minimum lot size | 0.01 |
| Maximum lot size | 100 |
| Decimal pricing | 5 decimals |
| Trading platforms | TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradeLocker |
| API access | No |
| VPS | Yes |
| Demo account | Yes |
| Segregated account | Yes |
| Swap-free account | No |
| Managed account | No |
| PAMM / MAM account | No |
| Joint account | Yes |
| Copy trading | No |
| Social trading | No |
| Account currencies | AUD, USD, GBP, EUR, NZD, CAD, SGD, RMB, BRL, MYR, PHP, THB, VND, MYR, IDR, USDT, BTC |
| One-click trading | Yes |
| OCO orders | No |
| Trailing stop loss | Yes |
| Hedging allowed | Yes |
| Scalping allowed | Yes |
| Interest on margin | No |
| Bonuses | Yes |
| Contests | Yes |
| Regulators | ASIC (Australia), FCA (United Kingdom), CySEC (Cyprus), SCB (The Bahamas), SYC (Seychelles) |
| Headquarters | Lvl 37, Rialto South Tower, 525 Collins Street, Melbourne, Vic, 3000, Australia |
| International offices | Australia, United Kingdom, Seychelles, Bahamas, Vietnam, China, Cyprus, Vanuatu |
| Assets offered | Forex, CFDs |
| Payment methods | Bank Transfer, Debit/ Credit Card, Apple Pay, Google Pay, Paypal, BPay, UnionPay, Skrill, Neteller, Cryptocurrency, Interac, Fasapay, Pix, Dragon Pay, PSP Virtual |
| Languages | English, Spanish, French, Chinese, German, Portuguese, Italian, Thai, Vietnamese, Bulgarian, Korean, Indonesian |
| Customer support | Email, Phone, Live Chat |
| Contact email | customerservice@eightcap.com |
| Minimum deposit | $100 | Social trading | No |
| Broker type | STP, ECN, NDD | Account currencies | AUD, USD, GBP, EUR, NZD, CAD, SGD, RMB, BRL, MYR, PHP, THB, VND, MYR, IDR, USDT, BTC |
| Spread type | Variable | One-click trading | Yes |
| Spreads from | 1.0 PIPS (Standard Account), 0.0 PIPS (Raw Account) | OCO orders | No |
| Commission | $3.5 per standard lot traded (on Raw account only) | Trailing stop loss | Yes |
| Maximum leverage | 1:500 | Hedging allowed | Yes |
| Minimum lot size | 0.01 | Scalping allowed | Yes |
| Maximum lot size | 100 | Interest on margin | No |
| Decimal pricing | 5 decimals | Bonuses | Yes |
| Trading platforms | TradingView, MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradeLocker | Contests | Yes |
| API access | No | Regulators | ASIC (Australia), FCA (United Kingdom), CySEC (Cyprus), SCB (The Bahamas), SYC (Seychelles) |
| VPS | Yes | Headquarters | Lvl 37, Rialto South Tower, 525 Collins Street, Melbourne, Vic, 3000, Australia |
| Demo account | Yes | International offices | Australia, United Kingdom, Seychelles, Bahamas, Vietnam, China, Cyprus, Vanuatu |
| Segregated account | Yes | Assets offered | Forex, CFDs |
| Swap-free account | No | Payment methods | Bank Transfer, Debit/ Credit Card, Apple Pay, Google Pay, Paypal, BPay, UnionPay, Skrill, Neteller, Cryptocurrency, Interac, Fasapay, Pix, Dragon Pay, PSP Virtual |
| Managed account | No | Languages | English, Spanish, French, Chinese, German, Portuguese, Italian, Thai, Vietnamese, Bulgarian, Korean, Indonesian |
| PAMM / MAM account | No | Customer support | Email, Phone, Live Chat |
| Joint account | Yes | Contact email | customerservice@eightcap.com |
| Copy trading | No |
Pros & Cons
Pros
- +Strong regulatory oversight
- +Fast and easy account opening
- +Low minimum deposit
- +Multiple fast and secure payment
- +Multiple account currency options
- +Free deposit and withdrawal
- +Low forex fees
- +Low CFD fees
- +Negative balance protection
- +Demo account for practise trading
- +Support TradingView, MT4 and MT5
Cons
- −Limited product range
- −No proprietary trading platform
- −Limited research tools
- −No integrated social/copy trading feature