EightCap
Compliant- ASIC
- FSA
- VFSC
- Overall Score
- 7.9/10
- Min Deposit
- $100
- Max Leverage
- 1:500
- EUR/USD Spread
- 0.0 pips
- Trading Platforms
- MT4, MT5, TradingView
- Withdrawal Speed
- 1-2 business days
Overview
EightCap is an Australian forex and CFD broker founded in 2009. Regulated by ASIC, FSA(Seychelles), and VFSC, EightCap is known for its raw spreads from 0.0 pips, Crypto 360 product offering, TradingView integration, high leverage up to 1:500, and ECN/STP execution with deep liquidity.
Basic Information
- Company Name
- EightCap
- Founded
- Headquarters
- Australia
- Official Website
- https://www.eightcap.com
- Instruments
- Forex, CFD, Indices, Commodities, Cryptocurrencies, Shares
- Account Types
- Standard, Raw
Regulation
Regulatory licenses and compliance status of this broker
-
ASICVerified
ASIC · License Number AFSL 391441
Global Top-Tier
Highest Regulatory Level
-
FSAVerified
FSA · License Number SD041
Offshore Regulation
Limited Protection
-
VFSCVerified
VFSC · License Number 40348
Offshore Regulation
Limited Protection
Trading Conditions
Trading Conditions
- Min Deposit
- $100
- Max Leverage
- 1:500
- EUR/USD Spread
- 0.0 pips
- Execution Type
- ECN/STP
- Trading Platforms
- MT4, MT5, TradingView
- Account Types
- Standard, Raw
Deposits & Withdrawals
Deposit Methods
- Bank Transfer
- Credit/Debit Card
- Skrill
- Neteller
- UnionPay
Deposit SpeedInstant
Deposit FeeFree
Withdrawal Methods
- Bank Transfer
- Credit/Debit Card
- Skrill
- Neteller
Withdrawal Speed1-2 business days
Withdrawal FeeFree
Scoring Details
Regulatory QualificationWeight 30%
7.8
Trading EnvironmentWeight 20%
8.3
Fund SafetyWeight 15%
7.5
User ReputationWeight 15%
7.9
Platform FeaturesWeight 10%
7.8
Customer ServiceWeight 10%
7.8
Pros & Cons
Pros
- Raw spreads from 0.0 pips on Raw account
- Innovative Crypto 360 cryptocurrency product
- TradingView integration for advanced charting
- High leverage up to 1:500 available
- Free VPS hosting for qualifying clients
Cons
- Limited educational and research resources
- No proprietary trading platform
- Customer support not available 24/7
- Product range narrower than some competitors
- Offshore regulatory entities for international clients