Eightcap Review

2.381 · 41 REVIEWS

Eightcap Pty Ltd

Updated: Jan 27, 2022 · Eightcap.com  · Is this your company?

Eightcap is Australia regulated forex and CFD broker offering MetaTrader platform. Trading instruments include over 45 currency pairs, Bitcoin, Ethereum and other cryptos as well as indexes, stocks, precious metal and commodities as CFDs. Please read Eightcap reviews below and share your live trading experiences with it.

Eightcap
Other website of this company include https://cc.8cap.com.

Broker Details

Minimum Trade Size: 0.01
Maximum Leverage: 500:1
Minimum Deposit: $100
Established: 2009
Address: The Rialto, South Tower Level 35, 525 Collins Street, Melbourne VIC 3000, AU, Australia
Customer Service: customerservice@eightcap.com, +61 3 8373 4800
Regional offices:
Regulations: ASIC #391441, VFSC #40377
Prohibited countries:
Trading platforms: MT4, MT5
WebTrader: ✅ Yes
Mobile Trading: ✅ Yes
ECN: ✅ Yes

Trading Instruments

Currencies: (45+)
Cryptocurrencies: (280+) Bitcoin, Litecoin, Ethereum
CFD: (400+) Gold, Silver, Stocks, Stock Indexes, Oil

Trading Conditions

EAs/Robots: ✅ Yes
Scalping: ✅ Yes

Managed Accounts & Social Trading

MAM: ✅ Yes
PAMM: ✅ Yes
Deposit Methods: Bank Wire (Bank Transfer), VISA, MasterCard, BPAY, Neteller, PayPal, Poli, Skrill, UnionPay, XPAY
Withdrawal Methods: Bank Wire (Bank Transfer), VISA, MasterCard, Neteller, PayPal, Poli, Skrill, UnionPay, XPAY

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Eightcap.com profile provided by margarita.tzerova, Sep 10, 2021

Eightcap is Australia regulated forex and CFD broker offering the MetaTrader platform. Trading instruments include over 45 currency pairs, more than 250 cryptocurrencies as well as indexes (including crypto indices), stocks, precious metals, and commodities as CFDs. Take advantage of trading derivatives with ultra-low spreads on the MT4 and MT5 platforms. Please read Eightcap reviews below and share your live trading experiences with them.

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2.381 · 41 REVIEWS
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Traders Reviews

Pisa, Italy,
Nov 8, 2019,
Registered user

Good broker

Service use: Live

Length of use: over 1 Year

Despite the fact i've found a very bad review on the internet by a guy who claims his account was frozen with no reason and they stole all his money, i tried to give these guys a try. Been trading with them on a live account for one year now and i can't really say anything bad.
They give you a very good leverage and pretty solid backend infrastructure (no disconnections, despite the fact i trade from Italy and their servers are located on the other side of the world. Yes ping is pretty high but i'm not a scalper so i don't care). What i love about Eightcap is that you can fund your account with your prepaid card, instantly and free of charge. You also can withdraw in the same way and everytime i've requested my money back they gave me in a couple of days. Spreads are very tight, there are no commissions on XAUUSD (the instrument i mainly trade) and on thousand trades i've never had bad slippage surprises (which happened frequently to me with other brokers). What can i say. So far so good, you can should give these guys a try. They also partner with Ferrari, which is an italian racing company and i like it. ;)
  1 trader has found this review helpful
Samuel,
Australia,
Dec 29, 2018,
Guest

Good FX broker would recommend

traded with eightcap since 2016 have had no issues with them, and yeh Yasmin is a very helpful account manager (dealt with her alot ). not sure about some of the negative reviews but I find trading off daily charts are staying away from news stops you from getting into bad situations where all you can do is blame your broker, due to not understanding how markets can operate.

one small thing they could improve would be the spreads on some crosses and exotics... but otherwise another good Aussie FX broker.
 

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.