Eightcap Forex Broker Review
FXMARE editorial rating, not user reviews.
Reviewed by the FXMARE Research Desk under our review methodology · licences last verified 2026-06-25
A well-regulated Australian-origin CFD broker offering genuinely competitive Raw spreads, four platform options including TradingView, and broad crypto coverage — with thin research as the main trade-off.
Spreads, minimum deposit and leverage are indicative and vary by account type and jurisdiction — confirm current terms on the broker’s site.
Between 74% and 89% of retail investor accounts lose money when trading CFDs.
You should consider whether you understand how CFDs and leveraged products work and whether you can afford to take the high risk of losing your money. FXMARE is not a broker and does not offer these products; figures are indicative of those disclosed by regulated providers. This page is information, not financial advice. See our full risk disclosure.
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Eightcap Overview
A well-regulated Australian-origin CFD broker offering genuinely competitive Raw spreads, four platform options including TradingView, and broad crypto coverage — with thin research as the main trade-off.
Eightcap is regulated by ASIC (Australia), FCA (UK), CySEC (Cyprus/EU), SCB (Bahamas), FSA (Seychelles), FSC (Mauritius). Independently verifiable licences include ASIC AFSL 391441 — Eightcap Pty Ltd; CySEC Licence 246/14 — Eightcap EU Ltd (authorised 30/07/2014); FCA FRN 921296 — Eightcap Group Ltd. It ranks among the most trusted, tier-1-regulated brokers in this comparison.
EUR/USD spreads start around 0.06 pips on the raw/ECN account (about 1 pips on the standard, commission-free account), with $7 (Raw account: $3.50 per side per standard lot) commission. The minimum deposit is $100 (USD/EUR/GBP equivalent; applies to both Standard and Raw accounts) and maximum retail leverage is 1:30 (ASIC/FCA/CySEC retail); 1:500 (SCB Bahamas offshore entity). Swap-free (Islamic) trading is offered conditionally — Available on request to customer support; proof of Muslim faith may be required for eligibility; covers forex, indices, commodities, shares, and crypto. No confirmed admin fees reported, but conditions may vary by jurisdiction and entity..
Platforms include MT4, MT5, TradingView, TradeLocker. Eightcap provides 800+ CFDs (56 forex pairs, 120+ crypto CFDs, 590+ stock CFDs, 16 indices, ~16 commodities) across Forex, funded via Visa/Mastercard, Bank Wire (J.P. Morgan / Eurobank), PayPal, Skrill, Neteller, Cryptocurrency (Bitcoin and others).
Eightcap earns strong trust marks through simultaneous ASIC, FCA, and CySEC regulation, meaning retail clients in major jurisdictions benefit from negative balance protection, segregated funds, and compensation schemes. Its Raw account pricing ($7 round-turn on near-zero spreads) is competitive but not the cheapest in the ECN space. The TradingView integration and ~120 crypto CFDs are genuine differentiators; the lack of proprietary tools, thin education suite, and mid-tier commodity range are the clearest gaps relative to top-tier peers like IC Markets or Pepperstone.
Headquarters: Melbourne, Australia (Eightcap Pty Ltd / ASIC entity); EU operations from Limassol, Cyprus · Funding: Visa/Mastercard, Bank Wire (J.P. Morgan / Eurobank), PayPal, Skrill, Neteller, Cryptocurrency (Bitcoin and others)
Pros
- Regulated by three tier-1/tier-2 authorities (ASIC, FCA, CySEC) giving strong investor protections
- Competitive pricing: Raw account from 0.0 pips + $7 round-turn is cost-effective for active traders
- Wide platform choice: MT4, MT5, TradingView, and TradeLocker under one roof
- Extensive crypto CFD range (~120+ instruments, well above industry average)
- Low $100 minimum deposit and no internal deposit/withdrawal fees
Cons
- No proprietary platform; entirely dependent on third-party software
- Research and education offering is thin compared to leading competitors
- Instrument range mid-tier overall — limited commodity selection; no options or futures
- MT4/MT5 not available to UK (FCA) clients; platform availability varies by entity
Ratings Breakdown
Eightcap Fees & Costs
Regulation & Safety
Licence numbers link to each regulator’s public register so you can verify them yourself. Last checked 2026-06-25.
Eightcap is authorised by ASIC (Australia), FCA (UK), CySEC (Cyprus/EU), SCB (Bahamas), FSA (Seychelles), FSC (Mauritius). Brokers regulated in tier-1 jurisdictions are generally required to hold client money separately from company funds and may offer protections such as negative-balance protection or an investor-compensation scheme — the exact safeguards depend on the entity you sign up with. As with all trading, your capital is at risk. Confirm which entity, licence and protections apply to your country on the regulator’s register before funding an account.
Platforms
Available on desktop, web and mobile. Tradable across Forex. Track every position you take with Eightcap in the FXMARE trading journal.
FXMARE Verdict
Eightcap earns strong trust marks through simultaneous ASIC, FCA, and CySEC regulation, meaning retail clients in major jurisdictions benefit from negative balance protection, segregated funds, and compensation schemes. Its Raw account pricing ($7 round-turn on near-zero spreads) is competitive but not the cheapest in the ECN space. The TradingView integration and ~120 crypto CFDs are genuine differentiators; the lack of proprietary tools, thin education suite, and mid-tier commodity range are the clearest gaps relative to top-tier peers like IC Markets or Pepperstone.
Eightcap — frequently asked questions
Is Eightcap regulated?
Eightcap states it is authorised by ASIC (Australia), FCA (UK), CySEC (Cyprus/EU), SCB (Bahamas), FSA (Seychelles), FSC (Mauritius). We last checked those licence details against the regulators' own public registers on 2026-06-25. Licences are entity-specific: the group company that onboards you depends on your country, so confirm which entity your client agreement names before depositing.
What is the minimum deposit at Eightcap?
Eightcap lists $100 (USD/EUR/GBP equivalent; applies to both Standard and Raw accounts) min deposit. Minimums vary by account type, funding method and regional entity, so treat this as indicative and confirm the figure on the broker's own site for the account you intend to open.
What spreads does Eightcap offer on EUR/USD?
Eightcap advertises spreads from 0.06 pips (raw/ECN), with EUR/USD quoted around 1 pips (standard) · 0.06 pips + commission (raw). Commission: $7 (Raw account: $3.50 per side per standard lot). Advertised "from" figures are floors seen in ideal conditions rather than averages — compare total cost per round turn (spread plus commission) at the volume you actually trade.
What is the maximum leverage at Eightcap?
Eightcap advertises up to 1:30 (ASIC/FCA/CySEC retail); 1:500 (SCB Bahamas offshore entity). Leverage caps are set by the regulator of the entity you trade with, so retail clients in the UK, EU and Australia receive materially lower caps than the headline figure. Higher leverage magnifies losses as much as gains.
Does Eightcap offer swap-free (Islamic) accounts?
Partly. Eightcap offers swap-free trading with conditions. Available on request to customer support; proof of Muslim faith may be required for eligibility; covers forex, indices, commodities, shares, and crypto. No confirmed admin fees reported, but conditions may vary by jurisdiction and entity.
Which platforms does Eightcap support?
Eightcap supports MT4, MT5, TradingView, TradeLocker. Platform availability can differ by entity and account type — a platform offered in one region is not guaranteed in another, so verify it is available on the specific account you plan to open.
Community Rating
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Complaints & Resolutions
No complaints filed against Eightcap. If you’ve had an unresolved issue, you can file one above.
FXMARE may earn a commission if you open an account through links on this page, including any placement marked Sponsored. This does not affect our independent rating of Eightcap. Trading forex and CFDs carries a high level of risk and most retail accounts lose money. This review is information, not financial advice — verify all terms with the broker directly.