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EightCap Review: Pros, Cons and How It Compares

Eightcap is a regulated broker that was founded back in 2009. The broker is based in Australia but operates worldwide except for countries including Iran, North Korea, and the Republic of the Congo. Eightcap is regulated by the Securities Commission of Bahamas (SCB), Australian Securities and Investments Commission (ASIC) in Australia, and Vanuatu Financial Services Commission (VFSC) in Vanuatu. The broker offers a suitable range of trading instruments, including Forex, CFDs, Commodities, Indices, and Cryptocurrencies. Eightcap offers market competitive spreads and commission on all trading instruments. The most famous MetaTrader platforms are there to serve traders of every calibre. The broker also offers swap-free Islamic accounts for the Muslim community. There are versatile ways to deposit and withdraw from your trading account, and it is free. The facility of Demo accounts is there to practice before investing with real money.

Pros and Cons

Eightcap offers a wide range of instruments to trade at low costs. Zero spread accounts are there for beginners. The customers’ support is very friendly and just a few clicks away. There is no deposit/withdrawal fee, and there are instant methods to do transactions. The broker also provides negative balance protection. One of the best aspects of Forex trading is the ability to apply leverage, which may significantly raise your potential gains over time. Eightcap has precise leverage constraints based on the trading size you operate to assist traders in avoiding risks, which demands you to study how to utilise leverage sensibly.

On the other hand, the broker does not claim any investor protection despite providing negative balance protection. Eightcap does not have any proprietary platform. Additionally, the broker is not listed on any stock exchange and does not hold a banking license. The financials are not publically available as well.

Above all, here is the crux of all pros and cons with Eightcap.

Pros
  • Low forex fees
  • Seamless, quick account opening
  • Raw accounts with zero spreads
  • Standard accounts with no commission
  • Dedicated account manager, if required
  • Free deposit and withdrawal
  • Low non-trading fees
  • Fully digital
  • Low minimum deposit of 100$
  • User-friendly
  • Credit/Debit card available
  • Free deposit and withdrawal
  • Clear fee report
  • Good customisability (for charts, workspace)
  • Good variety of order types
  • Good search function
  • Price alerts
  • A good set of analytical tools
  • Live chat
  • Fast response time
  • Demo account
  • Great market analyses and articles
  • Regulated by top-tier ASIC
  • Islamic accounts
Cons
  • Limited product selection
  • Limited research and educational tools
  • No investor protection
  • A wide range of minor currencies is missing
  • No two-step (safer) login
  • No price alerts
  • No Touch/Face ID login
  • Trading ideas only via a paid partnership
  • Limited trading platform tutorial videos
  • Limited educational videos
  • Does not hold a banking license
  • Not listed on a stock exchange
  • The platform lacks in offering dedicated accounts for corporates like some brokers in the industry do
  • No Trading Academy
  • The analysis sections not updated regularly
  • No economic calendar
  • Strategies are not elaborated on in detail

Investment Products

Eightcap is an equal opportunity provider for both beginners and pro-level traders. They have offered a wide range of products to invest in for short-term and long-run traders. Eightcap deals in forex, precious metals, commodities, indices, cryptocurrencies and shares. Forex trading is one of the mammoth and most active markets globally. Due to its frequent and rapid changes, the forex market is popular among traders. Eightcap offers 40 major and minor currency pairs enabling forex traders to diversify their portfolios. If a trader like to go longer, commodities are there to deal with. The broker provides investing in crude oil, gold, silver, wheat, cotton and other such products to tackle.

Eightcap Indices trading Eightcap shares trading Eightcap commodities trading Eightcap crypto trading Eightcap Forex trading

Furthermore, Eightcap‘s clients can trade 8 of the most popular indices in the world, allowing them to profit (or lose) from activity in equity markets around the world. With equity markets on 4 continents represented, traders can trade nearly 24 hours a day, 5 days a week.

If you, as a trader, love to speculate on high-risk assets, Eightcap provides a range of cryptocurrencies. Cryptocurrencies are the newest marketplace that Eightcap offers. They are trendy and highly volatile markets. You can trade with over 250+ cryptocurrencies without keeping any wallet. The range of digital currencies includes Bitcoin, Litecoin, Ripple, Ethereum, Cardano, Dogecoin, Tron and much more.

Pros
  • Offers forex, commodities, shares, indices and cryptocurrencies.
Cons
  • Tradable assets like real Stocks, bonds, ETFs and options are missing.
Instruments Availability
Forex
Stocks X
Indices
Commodities
Cryptos
Options X
Bonds X
ETFs X
CFDs

EightCap Account Types

Eightcap offers two account types throughout its global entities, including those in Australia and Vanuatu. The commissions and fees you pay will vary depending on whether you choose the commission-free Raw account or the spread-only Standard account.

Eightcap account types

Eightcap’s commission-based Raw account has an average spread of 0.06 pips. However, if the per-side commission of $3.50 per trade is deducted, the all-in cost is around 0.76 pips – slightly under the industry average of 0.8 pips. It’s worth noting that Eightcap‘s stated average spread statistics did not include a date range.

Account Type Raw Standard
Spreads from 0.0 pips 1.0 pips
Commission 3.5 per standard lot traded 0
Minimum Deposit $100 $100
Minimum Trade Size 0.01 0.01
EAs Availability Yes Yes
Pros
  • Availability of swap-free Islamic accounts
  • Offer demo accounts
  • Seamless, quick account opening
  • Dedicated account manager, if required
  • Low minimum deposit
  • Instant execution of orders on each account
  • The facility of EA trading
Cons
  • No dedicated account for corporates

EightCap Spreads and Commission

For the ease of the traders, the broker offers both a zero spread raw account and a standardised zero commission account.

Fee Raw Account Standard Account
Commission (per standard lot per side) 3.5 per standard lot traded 0 per standard lot traded

 

Spreads from 0.0 pips 1.0 pips
Pros
  • Raw accounts with zero spreads

  • Standard accounts with no commission

  • Dedicated account manager, if required

Cons
  • None

How to Deposit and Withdrawal on EightCap

The broker offers a wide range of deposit/withdrawal options to the trader. A trader can choose wire transfers, credit/debit cards, electronic transfers and cryptocurrencies to fund/withdraw the account. Besides this, third party payments like PayPal are also offered. Traders can open accounts and deposit funds in the base currencies, including GBP, EUR, NZD, AUD, USD, CAD and SGD. Here is in detail what the broker offers to fund the account and how it takes to do so.

Deposit Methods

Eightcap Deposit methods Eightcap Deposit methods Eightcap Deposit methods Eightcap Deposit methods Eightcap Deposit methods Eightcap Deposit methods Eightcap Deposit methods

Withdrawal Methods

Eightcap Withdrawal methods

Eightcap Withdrawal methods

Eightcap Withdrawal methods

Eightcap Withdrawal methods

Eightcap Withdrawal methods

Eightcap Withdrawal methods

It is worth noting that the method you choose to deposit the account will be used only as a medium to withdraw funds.

Credit/Debit Card

The broker offers to fund and withdraw from your debit/credit card from any currencies like GBP, EUR, NZD, AUD, USD, CAD, and SGD. The method provides a 24/7 instant deposit. There is no transaction fee at the end of the broker. The deposit/withdrawal limit range from 100 to 4,000 (base currency). 150+ countries are supported by this method of funding the account. However, consult your account manager to check if your country is on the list.

POLi Payment

If you reside in Australia and New Zealand, you can opt to use this online method to fund and withdraw your trading account. This service is not available outside Australia and New Zealand. The broker claims it to be the instant way to fund and withdraw from the account. The deposit/withdrawal limit range from 100-10000 AUD.

Bank Wire Transfer

Bank wire transfer is one of the best ways to deposit and withdraw funds on Eightcap. This method is supported in all regions, no matter where you are. The available currencies are AUD, USD, GBP, EUR, NZD, CAD, and SGD. However, an estimated time of 1-3 business days is required to complete the transaction. It also incorporates some transaction fees that are needed to be checked before initiating the transaction.

BPAY

It is an Australia based e-payment system that the broker use as one of the deposit/withdrawal methods. Its estimated processing time is 2 business days while there are no transactions fees. The estimated deposit/withdrawal limit is 100-10,000, and this method is only applicable to the Australian region.

China UnionPay (uPOP)

If you reside in China, this is the best way to fund/withdraw your account. The available currency is RMB, and there are no transaction fees at all. The deposit is instant 24/7, and the deposit/withdrawal limit is 100-3000.

Skrill & Neteller

If you have Skrill or Neteller account, that will be advantageous for you. You can use this digital mode to fund/withdraw from your trading account. USD, EUR and CAD are the available currencies. The broker offers instant 24/7 deposit. There are no transaction fees while the withdrawal limit is 100-10000 base currency. This mode of payment is available for all regions.

Cryptocurrencies

This is the modern way to fund and withdraw from an account. The plus point is that there is no limit on funding and withdrawal on this mode. The broker accepts this mode of funding/withdrawal from every country except Australia. Besides this, the transactions are instantaneous and free of cost. The available currencies to do so are USDT (TRC20), USDT (ERC20), and BTC.

The other options you can go for include PayPal, Worldpay (except in Japan), Fasapay, PSP Virtual Account, and PayRetailers.

Deposit/Withdraw Methods Deposit Fee Withdrawal Fee
Wire Transfer No Fees No Fees
Credit/debit Card No Fees No Fees
Electronic Wallets No Fees No Fees
Online Banking No Fees No Fees
Cryptos No Fees No Fees
Pros
  • Wide range of deposit/withdrawal options, including debit/credit card, wire transfer, e-wallet and cryptocurrencies
  • 7 Base currencies are offered
Cons
  • You need to withdraw funds on the same mode you used to fund the account
  • You may be prone to some transaction fees at the end of the processing authority like banks

Inactivity Fees

Eightcap does not charge any account inactivity fees. This attribute makes this broker unique as many of the brokers in the industry do not spare the traders and charge heavy account inactivity fees. Yet, this broker is not stand alone, and there are a few brokers who do not charge account inactivity fees only.

Platforms

Eightcap makes a range of trading tools available to many conventional platforms. There are third-party MetaTrader 4 and MetaTrader 5 trading platforms for the traders.

Pros
  • MetaTrader 4 and MetaTrader5
  • Industry standard trading platforms
Cons
  • Lacks proprietary platforms

MetaTrader 4

Metatrader 4 is a well-known trading platform among experienced traders due to its customisability and epic capabilities. The platform allows customised market analysis and automated trading. Clients with advanced trading experience can further mould their terminals and display numerous real-time charts using technical indicator overlays, which can be purchased or prepared anyways.

Eightcap MT4

The large amount of technical information provided in one window makes Metatrader 4 the favourite software for advanced traders. The data can be adjusted to the trader’s preferences with windows that can be reorganised and changed in the interface. Besides this, there is a wide range of technical indicators and overlays.

Here are some of the prominent features of MetaTrader 4:

  • Offers one-click CFD trading
  • Built-in indicators and analysis tools
  • Custom trading templates
  • Historical data available so you can back-test your expert advisors
  • Available on iPhone, iPad, Android phones and tablets and PC
  • 80+ markets
  • Account base currencies are available
  • Expert advisors allowed
  • Available for desktop and mobile
  • 9 chart timeframes
  • 30 technical indicators
  • Flexible trading system
  • Technical analysis
  • Security
  • Fast execution

MetaTrader 5

MetaTrader 5’s multi-asset, the multi-functional platform is a better match if you’re a more advanced trader. The platform provides price data and allows the use of a special type of non-tradable assets such as physical gold to provide a margin for open positions of other instruments and create custom financial symbols. Generally, day traders want a trading platform that is fast, robust, reliable, and powerful, and MetaTrader 5 ticks all of these boxes. MetaTrader 5’s platform is available in desktop, web, and mobile versions. The desktop version includes enhanced tools for comprehensive price analysis, algorithmic trading applications through trading robots and copy trading.

Eightcap MT5

The MetaTrader 5 platform incorporates the MQL5 programming language, used by automated trading software that runs on your computer and executes trades. It follows financial symbols 24 hours a day, copies trades, creates and transmits reports, analyses news, and even gives a specialised custom graphical interface.

Because the platform provides an entire development environment for creating and optimising your own EA, you may create your successful trading strategy. Alternatively, you can also purchase from a number of ready-to-use EAs that can be downloaded for free from CodeBase or purchased or rented from “MetaTrader Market,” the world’s largest marketplace of ready-to-use trading applications. You can also purchase custom applications from professional programmers using the freelance service.

The copy trading feature allows you to subscribe to successful trader signals, automatically replicating all trades on your account. There are hundreds of free and paid signals available for demo and live accounts.

The MetaTrader 5 platform supports both the traditional netting system for exchange markets such as the stock market, the options market, as well as the forex market’s hedging option system. It supports two market orders, six pending orders, and two stop orders and supports four execution modes: instant, request, market, and exchange execution.

The platform lets you examine up to 100 currency or stock charts at once, and the 21 timeframes allow for comprehensive and detailed analysis of even minor price movements. It also includes 44 analytical objects and 80 technical indicators such as Gann, Fibonacci tools, geometric shapes, and various channels.

MetaTrader 5 includes fundamental analysis, which monitors various economic and industrial indicators. The platform sports news reports from worldwide news agencies as well as an economic calendar. MetaTrader’s mobile trading platform is available on your smartphone or tablet running Android or iOS. The mobile version, among other things, supports the entire range of trading functions, allows account status monitoring, and allows viewing of trading history.

Tools

Eightcap provides a ton of trading tools to its clients.

Pros
  • AmazingTrader
  • VPS
  • Cryptocrusher
  • FX Blue Labs Products
  • Capital.ai
  • Copy trading with MAM accounts
Cons
  • Some tools are made available in collaboration with the other brokers or in partnerships
  • No AutoChartist or Trading Central

Capitalise.ai

Eightcap provides a smooth, code-free automated trading experience to all traders, including non-technical traders, by using Capitalise.ai. The traders can enjoy a one-of-a-kind, automatic, and straightforward approach to creating and executing trading strategies using free-form text. With the blessing of Captalise.ai, the traders can execute their trading strategies automatically.

eightcap Capitalise.ai

Give your traders the ability to effortlessly automate any situation based on:

  • Events in the macroeconomic news
  • Specific timetables
  • A variety of technical indicators

With improved buying power, traders can now capture any opportunity. Traders may launch as many strategies as they desire, but only those that are triggered unlock their allocated funds, thus increasing their buying power. Traders may opt to run strategies in a loop, trading continuously throughout time and enhancing their trading capacity.

FX Blue Labs Products

Trading may be a perplexing experience. FX Blue Labs provides the assets you need to trade them to allow you to concentrate on the relevant data. It was created by traders for traders to aid in execution and analysis.

Eightcap FXBlue Labs

FX Blue Labs has created a catalogue of multi-platform, multilingual, market-informed applications to assist brokers in marketing. At the same time, it guides the traders in optimising their trading plans to be more successful. These applications offer institutional-quality tools to traders and those given by the underlying trading platform.

The Alarm Manager is essentially a collection of building blocks that you may use to create a totally personalised and automated trading buddy. You may, for example, use it to take automatic action when an event occurs or to be notified when something happens on your account or in the markets.

The Correlation Matrix displays the relationship between symbols across a configurable period and a number of bars, such as the previous 100 H1 bars.

The Correlation Trader shows the correlation between symbols across a configurable period, such as recent H1 bars. The Correlation Trader assists you in identifying symbols with high or low correlation and trading emerging changes in the correlation.

The Excel RTD app allows you to enter real-time data into Excel using just the RTD function – no macros, programming, or XLL add-ins are required. You may even send basic trading commands from VBA code in Excel. The app comes with an example spreadsheet that allows you to add up to 5 account numbers and then displays an equity and balance dashboard, symbol prices, and a consolidated list of open positions.

Using the Market Manager, you may gain a birds-eye perspective of the fundamental aspects of staying on top of markets. In addition to the watch list, which facilitates both price and position monitoring, you will have access to headline information on various fronts. Open tickets and full editing skills are also unlocked, as is a summary of recent price activity on a symbol.

With the Mini Terminal in hand, you have access to the enormous buttons that everyone enjoys pushing — this time for buy and sell activities. The MT4/5 interface will acquire an additional status indicator that shows your current net position and control over lot size, stop-loss, take-profit, and trailing-stop.

As simple as it sounds/your strongest feeling – with direct percentages on current and historical positions in a symbol held by other traders. These are the long and short versions of the sentiments. You avoid pending orders and buy or sell at the current market price while remaining anonymous. The same is true for stop-loss, take-profit, and other stop-loss levels — your entry and exit points remain concealed from the market.

The Tick Chart Trader walks you through various tick chart styles and teaches you how to quick-trade using a keyboard or mouse. There is no historic tick data. Tick chart compilation starts as soon as the app is launched.

CryptoCrusher

Eightcap, in collaboration with BKForex, provides the right dedicated platform to trade cryptocurrencies. From market directions and the strength of trends, trade ideas with precise entry and exits are offered on the platform. Furthermore, with customer strategy tests and market commentary, the platforms equip traders with tools that aid in making intelligent trading decisions.

Eightcap cryptocrusher

You can scan the most liquid assets in the crypto markets and learn the most recent trading traits on the platform. A trader can analyse the chart and take an instant idea to place or close the positions in one go. It is a separate world that helps beginners and pro-level traders if they meet the certain criteria defined on the broker’s website.

Amazing Trader

The amazing trader is a unique charting algorithm that can help any trader while trading. It is a charting tool that has dynamic trading lines that form patterns. It is loaded with all instruments and workable in all market conditions in any timeframe. Furthermore, this charting tool is equipped with an automated risk management feature. You can get access to it if you have met the specified qualification criteria mentioned on the broker’s website.

VPS

If you are trading with Eightcap, VPS will be within your reach. A Virtual Private Server, or VPS, is a virtual computer that operates independently, exactly like a real computer. A VPS is specifically built to your specifications and is especially beneficial for forex traders due to its security and flexibility.

It is always linked to the internet, which speeds up the execution process while also contributing to a safer and more stable trading atmosphere. Computer viruses, connection failures, and power outages may all be disastrous to trade, especially during periods of market volatility. Using a VPS may alleviate these issues, making it an ideal technical environment for automated trading.

Multi Account Management Software

Eightcap provides a high-performance Multi Account Manager software that has been designed to work seamlessly with the MetaTrader 4 platform, and it can be customised based on the complexity of your trading needs for professional assets and fund managers who are authorised to trade on behalf of their clients. Broker’s sophisticated money manager programme combines market-leading pricing with flexible allocations and the ability to easily manage trader’s funds under a master account structure – delivering enhanced features and tighter control through a single MT4 interface.

The MAM solution is available to all discretionary traders and investment and asset managers, and it is particularly ideal for traders who manage multiple accounts using Expert Advisors (EAs). The broker has invested heavily in our MT4 server to ensure that our MAM solution provides the fast and reliable service that money managers require to service their clients.

Because all processing is centralised and server-based, you get the quickest and most reliable integration possible. You may manage and execute block orders on all accounts with a single click from your MT4 master account, and almost virtually all trades are immediately allocated to your client sub-accounts.

One of the key features of the Eightcap MAM programme is the ability for money managers to personalise all of their clients’ trading conditions, including selecting from various allocation methods and customising commission and spread mark-ups, performance fees, and account currency, leverage, and margin call/stop out levels.

Trades are automatically allocated to each of the clients’ accounts, and commissions are credited to a live trading account in real-time – these, like regular trading accounts, may be withdrawn at any time. Furthermore, performance fees may be determined at any time using the MAM Manager, which is available to all money managers.

The system allows real-time management, with the ability to quickly and easily add or withdraw funds without interrupting existing positions or affecting trading activity. In such cases, the broker can collaborate with you to identify the fairest solutions for all parties, such as withdrawal limitations while trades are open, profit and loss reporting on a per-account basis, and so on.

Platform
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader x
Proprietary (e.g.) x
Desktop
Web
Mobile
Social Trading
Other (AmazingTrader, VPS,  Cryptocrusher, FX Blue Labs Products, Capital.ai)

Research and Education

Eightcap provides a handful of material that helps the traders begin their careers. There are separate news sections where the daily news on assets like Cryptocurrencies, CFDs, Forex Trading, and Markets are updated. In addition, the news analysis is updated frequently on the website to water the roots of every trader. There is a separate section to guide the use of MetaTrader platforms. Textual content is there to educate every level of trader on trading strategies. The dedicated news section on financial updates promotes financial awareness and enables traders to make informed trading decisions. Live webinars are conducted worldwide to guide and spread valuable opinions on trading. Traders can benefit from them by registering themselves before a certain period.

Eightcap education

Eightcap news

Pros
  • Arrangement of webinars
  • Content on trading strategies
  • MT4 and MT5 tutorials
  • News and financial analysis
  • Market updates

Cons
  • Very thin learning material
  • No trading academy
  • The market updates and news are required to be updated more frequently
Resources  
Market Analysis
Guides
Videos X
Webinars
Autochartist X
Trading Central X
Financial Calendar X
Other (Trading Strategies )

Regulation and Safety

EightCap is not a scam. It is a low-risk trading broker for its strict regulatory or compliance culture implemented by a reputable licence and adherence to regulations established by the Australian Securities and Investments Commission (‘ASIC’). This globally recognised authority regulates the forex and trading industry. Eightcap serves another business that serves global customers from its offshore location in the Bahamas. Of course, trading with offshore brokers is never recommended, but since Eightcap also has a recognised licence from ASIC, it indicates the broker is well regulated in terms of its operations.

All retail client funds are kept separate from that of businesses in separate bank accounts with an AA-rated financial institution. Furthermore, Eightcap provides extra security via professional indemnity insurance coverage, which provides you with peace of mind and trusting cooperation.

Regulator  
ASIC (Australia)
IIROC (Canada) x
CySEC (Cyprus) X
SFC (Hong Kong) X
JFSA (Japan) x
MAS (Singapore) x
FINMA (Switzerland) x
FCA (UK) x
CFTC (USA) x
Other(SCB, VFSC)

Broker Safety

Eightcap is a safe broker (average-risk) for forex and CFDs trading since it is regulated in one tier-1 and some low tier regulatory authorities like SCB and VFSC. Eightcap is a reputable worldwide CFD and FX broker founded in 2009. The Australian Securities and Investments Commission (ASIC) regulates Eightcap in Australia.

Despite its suitable regulation, the broker does not provide any investor protection. Thus it only provides negative balance protection. The broker does not disclose its financial statements, nor is it listed on any stock exchange, which may concern some traders.

Pros
  • Regulated with Tier-1 jurisdiction
  • Negative balance protection
  • Funds are maintained with segregated accounts

Cons
  • No investor protection
  • Financials are not publically available
  • No banking license
  • Not listed on any stock exchange

Client Support

Eightcap is a global company and has regional and local offices, partners, and affiliates worldwide to ensure provide the highest possible level of customer service. You can approach the broker via live chat, phone and email 24/5. The support is provided in 9 languages, including English, Chinese, Thai, French, Spanish, Italian, German, Vietnamese and Portuguese.

Pros
  • Multilingual support in 9 languages
  • 24/5 email, chat and phone support

Cons
  • No 24/7 support

Conclusion

Eightcap is a trusted and regulated trading service provider with a solid business strategy based on simple trading that does not make complicated or confusing choices while giving exceptional conditions. Their primary product is a technology solution for execution through powerful servers with centralised integration, competitive pricing supplied by leading institutions and access via the powerful features of popular platform MT4 as well as accounts suitable for different strategies. The main shortcoming is a lack of deep learning resources, which the firm does not give; nonetheless, their support centres work well, so this is merely considered a disadvantage.


FAQs

Eightcap does not charge any deposit fees on the account.

The Raw account has a $3.50 commission cost per standard lot on each side, but the Standard account has no commissions.

Eightcap does not charge any withdrawal fees on any account.

Eightcap does not charge inactivity fees.

Eightcap provides two types of accounts: Standard Accounts and Raw Accounts. Both provide the same trading conditions, bonuses, and features. Clients will, however, benefit from narrower spreads on the Raw Account, and there is a commission for each transaction placed on the Raw Account.

Yes, Eightcap provides the demo account option to the traders.

Eightcap promotes tight spreads starting from 0.0 pips.

The stop-out level is 50%, while the margin at Eightcap is 80%

Yes, all trading strategies, including hedging, scalping, and expert advisers, are supported by Eightcap.

Yes, an Islamic account is available with the broker “Eightcap” and may be obtained via email. The Islamic account is swap-free, and it adheres to sharia law.

Eightcap offers trading in forex, commodities, indices, shares, and cryptocurrencies.

Eightcap provides traders with only the MT4 and MT5 trading platforms.

Eightcap offers maximum leverage of up to 1:500.

Eightcap is an Australian based broker with offices in Melbourne and Vanuatu.

Eightcap is regulated by The Securities Commission of The Bahamas (SCB), Australian Securities and Investments Commission (ASIC) in Australia and Vanuatu Financial Services Commission (VFSC) in Vanuatu.

Eightcap does not accept countries that are majorly discouraged worldwide. These countries include Iran, Noth Korea and the Republic of Congo.

Eightcap is not a scam and has maintained a worthy market reputation since its inception.

You can contact Eightcap via phone, live chat, and email address 24/5.

Find all Eightcaps contact details here.

Yes, Eightcap offers zero spread accounts.

Leon O'Neill

I’ve been working in the trading industry since 2009. I’ve written more words on trading than I can remember, and have provided content for some of the biggest names in the business. When I’m not writing, I enjoy running and making my own trades. I’m interested in the crypto and meta space - where blockchain is intersecting with traditional finance, and digital currencies are starting to impact global markets.
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