Score
Australia | 15-20 years | Trading Env. AAA |https://www.eightcap.com/
Website
Rating Index
Trading Env.
AAA
Average Execution Latency (ms)
MT4/5
Full License
Eightcap-Demo
Influence
A
Influence Index NO.1
Thailand 5.89 Speed：AAA
Slippage：A
Cost：AA
Disconnected：AAA
Rollover：A
MT4/5 Verification
Full License
South KoreaInfluence
A
Influence Index NO.1
Thailand 5.89 
Single Core
1G
40G
1M*ADSL
Australia 
WikiFX Field Survey: This section presents on-site verification conducted to help confirm the authenticity of the broker's publicly available information. Based on a standardized review process, the WikiFX field survey team investigates the broker's office environment, team size, and actual business operations, helping investors better understand the broker's operating status and assess trading safety more intuitively.
CyprusWikiFX Field Survey: This section presents on-site verification conducted to help confirm the authenticity of the broker's publicly available information. Based on a standardized review process, the WikiFX field survey team investigates the broker's office environment, team size, and actual business operations, helping investors better understand the broker's operating status and assess trading safety more intuitively.
United KingdomWikiFX Field Survey: This section presents on-site verification conducted to help confirm the authenticity of the broker's publicly available information. Based on a standardized review process, the WikiFX field survey team investigates the broker's office environment, team size, and actual business operations, helping investors better understand the broker's operating status and assess trading safety more intuitively.
AustraliaWikiFX Field Survey: This section presents on-site verification conducted to help confirm the authenticity of the broker's publicly available information. Based on a standardized review process, the WikiFX field survey team investigates the broker's office environment, team size, and actual business operations, helping investors better understand the broker's operating status and assess trading safety more intuitively.
CyprusThis section presents the core trading conditions for each account type offered by this broker, including trading environment, maximum leverage, minimum deposit, minimum trade size, spreads, commissions, deposit and withdrawal methods, account currency, EA support, and available trading instruments. It helps users quickly compare account requirements, trading costs, and product coverage, so they can decide whether a specific account type fits their trading needs before opening an account.
Properly licensed MetaTrader brokers provide robust systems and continuous support, backed by mature operations, advanced technology, and strong risk controls.
This section presents the broker's tested trading environment, including key metrics such as execution speed, trading costs, swap rates, slippage, and disconnection performance. Users can use this information to understand the broker's real-world order execution efficiency, platform stability, and trading cost performance. Combined with industry benchmarks, ratings, tested user volume, order volume, and the latest update time, it helps users assess whether the broker provides a stable and reliable trading environment.
WikiFX Data provideThis section presents the broker's transaction data, trading activity, and deposit and withdrawal performance, including margin trends, active trading instruments, liquidation rate, popular instrument distribution, and recent trading records. It helps users understand the broker's real trading activity, fund flow, and main traded products, so they can assess the broker's market activity level and trading environment stability.
| VPS Region | User | Trading Instruments | Closing Time |
|---|---|---|---|
| 705*** | XAUUSD | 08-21 04:35:57 | |
| 755*** | AUDUSD.i | 08-21 08:43:25 | |
| 596*** | XAUUSD | 08-20 18:16:19 |
Liquidation Rate
0.70%
Liquidation by Symbol
Past 6 Months
This section presents the broker's marketing and traffic source data, including brand advertising share, search sources, reach index, referral traffic, and social sources. It helps users understand the broker's brand exposure channels, main acquisition sources, and market reach, and assess its activity and influence across search engines, external websites, and social media platforms.
WikiFX ResearchThis section presents the broker's verified website information, including official websites across different countries and regions, visitor location distribution, and related IP information. Users can use this section to identify the broker's official channels and regional websites, avoid unofficial or impersonation websites, and reduce access and trading risks.
eightcapglobal-zh.com 
yh8guoji.com tyapply-eightcap.com yh8home.com 8yihui.com yh8zg.com 
Subscribe in the App to unlock! 
This section presents the relationship map and suspected clone brokers related to this broker, including unverified platforms, clone firms, risk scores, operating history, and suspicious regulatory licenses. It helps users identify high-risk platforms with names or branding similar to the broker, avoid confusing legitimate brokers with impersonation platforms, and reduce risks to their funds and personal information.
| Quick Eightcap Review Summary | |
| Founded in | 2009 |
| Registered Country | Australia |
| Regulation | ASIC, FCA, CySEC, SCB (Offshore) |
| Trading Assets | 800+ CFDs on forex, commodities, indexes, shares, cryptos |
| Demo Account | ✅(30 days) |
| Account Type | Raw, Standard, TradingView |
| Min Deposit | $100 |
| Leverage | Up to 1:500 |
| EUR/USD Spread | From 0 pips |
| Trading Platform | MetaTrader 4, MetaTrader 5, Tradingview |
| Payment Method | MasterCard, Visa, PayPal, Wire Transfer, BPAY, Skrill, Neteller, etc. (vary on the region) |
| Deposit & Withdrawal Fee | ❌ |
| Customer Support | 24/5 live chat |
| Tel: +61 3 8592 2375 | |
| Email: global@eightcap.com | |
Eightcap is a popular online forex and CFDs broker that offers access to trade various financial markets. The broker was founded in 2009 in Melbourne, Australia, and has since expanded its presence to other regions such as Europe, Asia, and the Middle East. Eightcap prides itself on providing a user-friendly trading experience, robust trading platforms, and competitive trading conditions for its clients.
The broker offers a wide range of financial instruments to trade, including 800+CFDs on forex, commodities, indexes, shares, and cryptos. Clients can access these markets through the popular trading platforms, MetaTrader 4, MetaTrader 5, and TradingView. The broker also offers three types of account types to suit the individual needs of its clients, including Standard, Raw and TradingView, with the minimum deposit requirement of $100.
Eightcap is a global forex and CFD broker offering many features and benefits that make it an attractive choice for traders of all levels. One of the primary advantages of Eightcap is its range of trading instruments, including 800+ CFDs on forex, commodities, indexes, shares, and cryptos. This diversity allows traders to take advantage of a wide range of market opportunities and build diversified portfolios.
In addition to its broad range of trading instruments, Eightcap also offers competitive trading conditions, such as tight spreads and low commissions, which can help traders maximize their profits. The broker also provides access to multiple trading platforms, including MetaTrader 4 and 5, as well as TradingView.
While there are many benefits to trading with Eightcap, there are also some drawbacks to consider. One of these is the limited selection of educational resources, which may be a disadvantage for novice traders. Additionally, the broker does not currently offer social trading options and 24/7 customer support.
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Yes, Eightcap is considered a legitimate broker, regulated by reputable financial authorities including ASIC (Australia), FCA (UK), CySEC (Cyprus), and SCB (Bahamas). These regulatory bodies impose strict rules and regulations on the broker to ensure they operate in a fair and transparent manner, thereby providing traders with a safe and secure trading environment.
| Regulated Country | Regulated by | Current Status | Regulated Entity | License Type | License Number |
 | ASIC | Regulated | EIGHTCAP PTY LTD | Market Making (MM) | 000391441 |
 | FCA | Regulated | Eightcap Group Ltd | Straight Through Processing (STP) | 921296 |
 | CySEC | Regulated | Eightcap EU Ltd | Straight Through Processing (STP) | 246/14 |
 | SCB | Offshore Regulated | Eightcap Global Limited | Retail Forex License | SIA-F220 |
EIGHTCAP PTY LTD, its Australian entity, is authorized and regulated by the Australia Securities & Investment Commission (ASIC) under the regulatory license number 391441.
Eightcap Group Ltd, its UK entity, is authorized and regulated by the Financial Conduct Authority (FCA) under the regulatory license number of 921296.
Eightcap EU Ltd, is regulated by the Cyprus Securities and Exchange Commission (CYSEC) under license no. 246/14.
Eightcap Global Limited, the international entity, is authorized and offshore regulated by the Security Commission of the Bamas (SCB) under the regulatory license number of SIA-F220.
EightCap offers 800+ CFDs on forex, commodities, indexes, shares, and cryptos.
| Trading Assets | Available |
| CFDs | ✔ |
| Forex | ✔ |
| Commodities | ✔ |
| Indexes | ✔ |
| Shares | ✔ |
| Cryptos | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Live Accounts: EightCap offers three types of accounts at EightCap: Raw, Standard and TradingView accounts. All require a moderate minimum deposit of 100 USD, which is quite friendly for beginners.
Their most relevant differences consist in the spreads, the raw account has a lower spread. Standard and TradingView accounts offers a commission-free trading environment, yet compensated by wider spreads, while Raw accounts offers raw spreads, accompanied by additional commissions.
| Account Type | Raw | Standard | TradingView |
| Min Deposit | $100 | ||
| Account Base Currencies | AUD, USD, EUR, GBP, NZD, CAD, SGD | ||
| Spread | From 0.0 pips | From 1.0 pips | |
| Commission | Each side: $3.5 AUD/USD/NZD/SGD/CAD, 2.25 GBP, 2.75 EUR per standard lot traded | ❌(shares excluded) | |
Aside from two types of live trading accounts, Eightcap offers a 30-day demo account for traders who want to practice and test their trading strategies without risking real money.
The demo account is free and is designed to simulate real market conditions, allowing traders to get a feel for the platform and instruments before they start trading with a live account.
The demo account is funded with virtual money and offers access to the same features as the live account, including a range of instruments and trading platforms.
The maximum leverage is determined by the regulator; the maximum ASIC leverage is only 1:30, but the Bahamas SCB allows a leverage of 1:500. However, other trading conditions may vary accordingly and you can decide for yourself.
High leverage is ideal for active traders and scalpers, as it presents greater trading flexibility in general, which directly impacts profitability, but new users are advised to operate with caution with such large leverage.
Eightcap offers multiple trading platforms, including the popular MetaTrader 4, MetaTrader 5, and Tradingview. These platforms are known for their user-friendly interface and advanced charting tools.
With the MetaTrader platforms, Eightcap offers a range of customizable features, including the ability to use custom indicators and expert advisors. These platforms also provide access to real-time market data and allow traders to execute trades quickly and efficiently. Traders can also use the platforms to set up automated trading strategies, which can be particularly useful for those who want to trade around the clock.
EightCap's TradingView leverages 15+ customizable chart types, including Kagi, Renko, and Point & Figure. Organize up to 8 synchronized charts per tab and utilize 90+ smart drawing tools for comprehensive analysis.
Eightcap offers a variety of deposit and withdrawal methods, such as MasterCard, Visa, PayPal, Wire Transfer, BPAY, Skrill, Neteller, etc. (vary on the region). You can find more detailed info in the table below:
| Payment Option | Accepted Currencies | Deposit Fee | Withdrawal Fee | Deposit Processing Time | Withdrawal Processing Time |
| MasterCard | AUD, USD, GBP, EUR, NZD, CAD, SGD | ❌ | ❌ | Instant | 2-5 business days |
| Visa | |||||
| PayPal | AUD, USD, GBP, EUR, NZD, SGD | 1-5 business days | |||
| Wire Transfer | AUD, USD, GBP, EUR, NZD, CAD, SGD | Variable | 1-5 business days | ||
| B-PAY | AUD | ❌ | 1-2 business days | 1-3 business days | |
| UnionPay | RMB | Instant | 1 business day | ||
| Skrill | USD, EUR (only for EEA clients), CAD | Variable | |||
| Neteller | |||||
| Cryptos | USDT (TRC20), USDT (ERC20), BTC (only for USD accounts) | ❌ | / | Instant | |
| Interac | CAD | ❌ | 1-3 business days | ||
| fasapay | USD | 1 business day | |||
| pix | BRL | / | / | / | 1-5 business days |
| dragonpay | MYR, PHP | Variable | ❌ | Instant | 1 business day |
| ... | THB, VND, MYR, IDR, PHP |
In conclusion, Eightcap seems like a solid choice for traders looking for a reliable broker with a wide range of instruments, competitive pricing, and user-friendly platforms. Their customer support is also top-notch, with various ways to get in touch and a comprehensive FAQ section. While their educational resources may not be as extensive as some other brokers, they still provide useful tools and market analysis to help traders stay informed. The only potential downside is the lack of proprietary trading platforms, but with MT4, MT5, and TradingView available, there's still plenty of options to choose from.
Is Eightcap regulated?
Yes, Eightcap is regulated by ASIC, FCA, CySEC, and SCB (Offshore).
What trading platforms does Eightcap offer?
Eightcap offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and TradingView.
What are the minimum deposit requirements for Eightcap?
The minimum deposit requirement for all account types is $100.
What is the maximum leverage available at Eightcap?
Up to 1:500.
Can I open a demo account with Eightcap?
Yes, Eightcap offers a 30-day demo account that allows traders to practice their trading strategies without risking real money.
What financial instruments can I trade at Eightcap?
You can trade 800+ CFDs on forex, commodities, indexes, shares, and cryptos.
Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities.
FCA Warning List of unauthorised firms Eightcap VIP / eightcap.vip (clone of FCA authorised firm)
Country / Region
Disclosure Date
2024-01-02
Broker Disclosures
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
Country / Region
Disclosure Date
2022-02-02
Broker Disclosures
Eightcap holds top-tier regulatory licenses, but user data reveals a high volume of severe withdrawal complaints, platform freezing, and extreme slippage. Indian traders should exercise caution and verify they are not using an exposed clone site before depositing.
Eightcap has added simulated trading challenges and TradingView Plus access to its TradingView-linked accounts, subject to regional, account and activity requirements.
Eightcap UK offers free TradingView Plus subscription with new trading accounts, unlocking advanced features and seamless integration for UK traders.
Eightcap gains Dubai SCA Category 5 license, enabling financial consultation and introducing broker services in the UAE. Learn about its MENA expansion plans.
The well-known broker Eightcap, has launched a new Italian-language YouTube channel for its clients. The channel was created earlier this month and now features market analysis videos in Italian.
EightCap, is a global forex broker launched in 2009. It was established in Melbourne, Australia. This broker offers its global traders various market instruments. In today’s article, we will show you whether Eightcap is still a reliable broker in 2024.
Eightcap holds multiple regulated licenses including ASIC (Australia), FCA (UK), CySEC (Cyprus), and FSC (Mauritius). It has a core score of 7.75 on WikiFX, with strong regulatory and risk control indices. These factors indicate a generally safe and reliable trading environment.
Yes, Eightcap is regulated. It holds a Market Making License (MM) from ASIC (Australia), Forex Execution Licenses (STP) from FCA (UK) and CySEC (Cyprus), and a Securities Trading License (EP) from FSC (Mauritius). All licenses are currently active.
The minimum deposit for Eightcap is $100 across all account types (Standard, Raw, and TradingView).
Yes, Eightcap supports both MT4 and MT5. The broker holds full licenses for both platforms, and the system shows 10 MT4 servers and 5 MT5 servers.
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你好你好你在哪
Hong Kong
I haven't received my commission from your platform, which was normal before. I'm an IB (Introducing Broker) account holder, and now I'm not getting any rebates on my own trades. My agent's backend shows 0, not a single cent. Does your platform now deduct rebates from even trades? Or does my account manager have the authority to cheat me?
Exposure
踏踏实实过日子
Hong Kong
Login shows server invalid.
Exposure
FX6989329971
Hong Kong
I transferred 1500 USD to the eightcap platform via Alipay on Saturday. The money still hasn't arrived, and the customer service hasn't replied to me either.
Exposure
FX1688284752
Hong Kong
Deposits haven't been credited to my account, the customer service is evasive and doesn't provide a specific timeframe, and online customer service now just ends the conversation and stops responding. This platform is no longer viable.
Exposure
A 王雪涛
Hong Kong
The slippage has been severe for three years and no one has addressed it.
Exposure
GookBong
Hong Kong
The agent's backend website doesn't show the customer's specific information. Commissions are stuck and not being transferred. I've contacted customer service many times without a solution. The website's customer service isn't responding.
Exposure
FX3267130359
Hong Kong
It will disconnect. The platform will freeze. Withdrawals are relatively smooth.
Neutral
FX9549872626
Hong Kong
I was introduced to the Eightcap platform by a friend and deposited $1100 on March 13th for trusting his recommendation. On Friday evening, I placed a long position in crude oil, betting on the weekend market. The platform did not adjust leverage due to the US-Iran conflict, and I operated within the permitted limits. As a result, crude oil rose on Monday, and my account profited approximately $11,000. On March 19th, I applied for my first withdrawal of $12,000, which went very smoothly and arrived quickly. Emboldened by this successful withdrawal, I deposited another $1299 using the same method to go long again on Friday, March 20th, betting on the weekend market. The market also rose on Monday, and this time my account profited approximately $20,000. However, when I applied for a withdrawal, the platform refused, citing so-called "violations of regulations," and deducted a total of $22,702.28 (principal and profit). They also sent a long email in English accusing me of "arbitrage" and other issues. I am deeply confused by this, as I placed all orders manually, and my trading methods were exactly the same both times. The reason why the first withdrawal went smoothly without any feedback, but the second time a slightly larger profit resulted in the forced deduction of the principal and being deemed a violation, which clearly indicates that the platform doesn't want to pay out profits and only wants to absorb losses in this gambling scam. This platform claims to have an Australian license, but in reality, it's using that license to commit fraud. The account manager disappeared immediately after the withdrawal issues arose. Therefore, we solemnly warn all forex traders to stay away from this platform to avoid financial loss.
Exposure
FX8875105892
Hong Kong
Gold deposits were blocked at 5596 for three consecutive days. Deposits were only allowed when there were no clear trading opportunities. Deposits were possible before 4100 when my account was consecutively liquidated , but became blocked again when the market reached that level. Their reason was network issues. But actually, your money is tied up in a gambling platform. They prevent you from making deposit when the opportunity came, and then reopen deposits when you're likely to lose. This is a fraudulent gambling platform.
Exposure
Mr.T Forex Trader
Thailand
[[My personal opinion from actual use]] From trading on the Trading View platform, it works very well. Spread is narrow, no commission, chart is stable, order execution is fast. Main drawbacks from personal experience: Withdrawal waiting time is about (12 hours, which is acceptable) And the broker's website is quite difficult to use.
Positive
5228
Hong Kong
Feels like they're about to exit scam, withdrawals aren't processing anymore!
Exposure
5228
Hong Kong
Account 85**** shows a trading ban, and withdrawals remain pending indefinitely. Seeing how the platform frequently steals tens of thousands or even hundreds of thousands of dollars from others, they're now trying to steal my few dozen dollars too!
Exposure
违法开订单
Hong Kong
The platform operated the user account unlawfully, opened orders arbitrarily without my consent, causing a loss of 6900 US dollars. There is recorded call evidence, currently in the litigation stage, illegal operation of the account.
Exposure
FX1138568943
Thailand
Unable to withdraw funds, clicking withdraw brings up this pop-up window
Exposure
FX1320478930
Thailand
After trading for 5 months, the money was received quickly. I have recommended this program to my friends and hope for continuous platform improvements.
Positive
Nicolas Navarro
Argentina
Eightcap is a broker highly valued by most of its users, standing out mainly for its competitive conditions for trading, especially for the FOREX and cryptocurrency markets.
Positive
AlfredoRomero
Argentina
Combining top-tier regulation, tight spreads starting from 0 pips, MT4/MT5/TradingView platforms, codeless automation, segregated funds, and commission-free withdrawals: ideal for demanding traders.
Positive
王
Hong Kong
Commission not given
Exposure
FX2130856531
Hong Kong
I placed a short order at 2618, and the transaction volumes shown on TradingView were between 18 and 13.5 for that order level, with the third image showing second-by-second transaction volumes. My order at 2618 did not execute, instead it was placed at the lowest point, leaving no room to break even. I later contacted customer service, who stated that the order was normal and there were no anomalies. This type of slippage happens too frequently, and customer service mentioned they would change liquidity providers in the future. However, they do not take responsibility for the losses. Be cautious with Eightcap.
Exposure
暴富4213
Hong Kong
Slippage of 7 USD, 7 pips, communicated with customer service, they said it is normal and no compensation will be given.
Exposure
小狼
Hong Kong
When I started the agency, it was not clearly stated that failing to meet agency conditions would prevent withdrawals, and the fees were also added by myself. Now when I want to make a withdrawal, after splitting with the client, the withdrawal is denied, stating I do not meet the conditions. Why wasn't this made clear from the beginning? Moreover, there was no mention that withdrawals wouldn’t be allowed when I added the spread. It was only mentioned when I submitted the withdrawal request.
Exposure
海阔天空3766
Hong Kong
On Eightcap, I lost hundreds of thousands of yuan, and you deceive people like this. The take-profit I set did not take profit, but the stop-loss was triggered.
Exposure
Tomorrow17412
United States
I really like the website, but there is one thing I would like to include, I would like it to have its own pip calculator, but your website deserves 4 stars.
Positive