Broker Details
| Minimum Trade Size: | 0.01 |
|---|
| Maximum Leverage: | 500:1 |
|---|
| Minimum to Open Live: | $100 |
|---|
| Established: | 2009 |
| Address: | Level 6/360 Collins St., VIC 3000, Melbourne, Australia |
| Contact: | customerservice@eightcap.com, +61 3 8373 4800 |
| Regional offices: | |
| Regulators: | ASIC #391441, VFSC #40377 |
| Prohibited countries: |
| Trading platforms: | MT4, MT5 |
| Web Trading: | Yes |
| Mobile Trading: | Yes |
| ECN: | Yes |
| Currencies: | (45+) |
| Cryptocurrencies: | (5+) Bitcoin, Litecoin, Ethereum |
| CFD: | (210+) Gold, Silver, Stocks, Stock Indexes, Oil |
| EAs/Robots: | Yes |
| Scalping: | Yes |
| MAM: | Yes |
| PAMM: | Yes |
| Deposit Methods: | Bank Wire, VISA, MasterCard, BPAY, Poli, Skrill, UnionPay, XPAY |
| Withdrawal Methods: | Bank Wire, VISA, MasterCard, Poli, Skrill, UnionPay, XPAY |
EightCap.com profile provided by Linda Hristova, Dec 19, 2019
About Eightcap.com
Eightcap is an online Forex and CFD broker. With Eightcap you can trade on top trading platforms - MetaTrader 4 and MetaTrader 5 on Desktop, Mobile and Web browser. Eightcap.com offers over 200 instruments, including FX currency pairs, Cryptocurrencies, Indices, Commodities and Shares for your investment and trading options.
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Traders Reviews
Best Broker
Service use: Live
Length of use: over 1 Year
Eightcap is the best broker I’ve used so far. I joined the platform more than 2 years ago when I was first starting to trade. At first I was very satisfied that the minimum deposit is just $100 because I wasn’t very confident about my trading skills. Through the regularly provided analyses, though, I learnt a lot about how the FX market works and now I can say I’ve gained a fair amount of experience on the platform.
Good day, John! It always makes us happy to see that our customers grow as traders thanks to the content we provide.
Safe and competitive spreads
Service use: Live
Length of use: over 1 Year
I’ve been actively trading on Eightcap for more than one and a half years and I'm very satisfied with what they provide as a service. It’s always good to know that your broker is regulated so you always feel safe when trading. I use a 1:200 leverage but whoever feels confident enough can go as high as 1:500. Also, their spreads are among the best on the market.
Hi, Jack! We appreciate all traders so we make sure that we offer high leverages for those advanced enough to try it. Thanks for your feedback!
Good company to deal with
Service use: Live
Length of use: 3-6 Months
I have been with a wide range of brokers throughout the years and I just exchange now as a hobby, for no reason in particular with sums that could never come close with certain traders. I think the whole trading experience is very energizing. On the off chance that I mess up, at that point it’s my fault not the broker. Truly I have been with large name managed agents that have experience everything brokers threw my way. Sometimes withdrawals that take a long time to process and sometimes never process.
None of these dirty tricks happen with Eightcap though. Everything is easy to grasp and straight to the chase. I’d highly recommend!
None of these dirty tricks happen with Eightcap though. Everything is easy to grasp and straight to the chase. I’d highly recommend!
Hello, Robert! Thanks for your review. We always make sure that the whole process is transparent for our customers.
Offers everything I can ask for
Service use: Live
Length of use: over 1 Year
I set up an account with Eightcap more than a year ago. I tried trading many different assets but where I feel most comfortable is crypto. I had to contact the Eightcap customer service a couple of times at first till I got my account sorted out and understood how the platform works and everyone was very friendly and professional. What attracted me as a client are the tight spreads and low commission I saw promised on their website and both of them are actually true. I use EA’s for scalping and they work just perfectly with the platform. I don’t think I could ask for more.
Thanks, Johan, it is pleasure for us to help our customers to better understand the platform and get most of it.
I started an account so I could exchange crypto currencies
Service use: Live
Length of use: 6-12 Months
I started an account so I could exchange crypto currencies in my free time and exploit the not too bad influence they give. I want to exchange crypto on a broker instead of an exchange as they will, in general, confuse me, and also with all the hacking scandals it's just a lot safer. Setting up an account was simple enough and I was up and trading the same day. Everything just works perfectly. I've withdrawn money from my account and there was absolutely no problem with that.
A. Timmerman, thank you for your comment. At Eightcap you can also find other instruments like Forex pair, Commodities and Indices. Few free to contact us at any time.
Fast to respond-safe to trade with
Service use: Live
Length of use: 0-3 Months
I joined Eightcap last month as referred by my friend who was trading with them for 2 months already. The account was opened very quickly, their support was very friendly and I have an account manager to call for any issues.
Depositing and withdrawing money with them was exactly as described, no delays and no funny business going. I would recommend this broker.
Depositing and withdrawing money with them was exactly as described, no delays and no funny business going. I would recommend this broker.
Thank you, John, we appreciate your feedback. Eightcap's account management team is always here to support our customers.
Cannot Transfer Money to Account
Service use: Live
Length of use: over 1 Year
Have been unable to transfer to my account using two different UK banks. One of the banks told me the company is blacklisted. That's a red flag to me.
1 trader has found this review helpful
Ripoff Merchants Keep Away
Service use: Live
Length of use: 6-12 Months
this company manipulates trades stops you out prior to sl, keep well clear of this company
1 trader has found this review helpful
SCAM!!! Stay away
Service use: Live
Length of use: 0-3 Months
They removed all profit and deleted transaction history when I made profit withdrawals. Then I withdrew all my initial deposit, they charged me 10% fee for that.
2 traders have found this review helpful
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Frequently Asked Questions
What leverage range does EightCap offer?
Eight Cap offers a leverage range of 1:1 to 500:1.
What is the minimum deposit for EightCap?
Registering a live account with EightCap is free but the initial funding for all available accounts is $100.
Does EightCap allow scalping and hedging?
EightCap does allow scalping and hedging, as well as Expert Advisor.
Is EightCap regulated?
EightCap group is regulated in 2 countries.
- EightCap is a brand of EightCap Pty Ltd (ABN 73 139 495 944) regulated by the Australian Securities and Investment Commission (ASIC) with license No. AFSL 391441.
- EightCap Global Ltd (Vanuatu) is regulated by the Vanuatu Financial Services Commission under company registration No. 40377.
Service use: Live
Length of use: 0-3 Months
This review came from the same location in Bulgaria used by EightCap's representative to leave a comment on another review. Per FPA policy, the rating on this review has been set to Zero stars.