Eightcap
Forex and CFD BrokerFounded 2009Melbourne, Australia
Reviewed September 5, 2026
Eightcap is a multi-regulated CFD and Forex broker designed for cost-conscious traders who want access to MetaTrader, TradingView, and TradeLocker without relying on a proprietary platform. It provides more than 800 CFD markets, including around 55 Forex pairs and roughly 100 cryptocurrency CFDs, making crypto one of its strongest differentiators.
Strengths & Limitations
Strengths
- Multi-regulated across ASIC, FCA, and CySEC
- Competitive trading costs, including a $100 minimum deposit and no withdrawal fees
- Platform flexibility across MT4, MT5, TradingView, and TradeLocker
- Deep cryptocurrency CFD selection (approximately 100 coins)
- Strong support for algorithmic and Expert Advisor trading
Limitations
- No proprietary trading platform
- Limited in-house research and educational resources
- No cTrader support
- Inactivity fee can apply after prolonged dormancy
Category Scores
Broker Overview
Eightcap is an Australian-founded, multi-regulated CFD and Forex broker offering access to MetaTrader, TradingView, and TradeLocker platforms. It provides more than 800 CFD markets spanning Forex, commodities, indices, share CFDs, and a particularly deep cryptocurrency CFD selection.
Markets
Available Regions
Regulation & Safety
Eightcap has a strong multi-jurisdiction regulatory profile, with regulated entities in Australia (ASIC), the United Kingdom (FCA), and Cyprus (CySEC), plus an offshore entity regulated by the Securities Commission of the Bahamas (SCB). The legal entity attached to a trading account determines leverage limits and investor protections, so clients should confirm their specific entity before opening an account.
Regulators
- Name
- ASIC
- Status
- Yes
- Tier
- top
- Name
- FCA
- Status
- Yes
- Tier
- top
- Name
- CySEC
- Status
- Yes
- Tier
- standard
- Name
- SCB (Bahamas)
- Status
- Yes
- Tier
- offshore
Trading Costs
Trading costs are one of Eightcap's strongest areas, with the Standard account offering spread-based pricing around 1.0 pip on EUR/USD and the Raw account combining tighter spreads with a commission of about $3.50 per side. Both accounts require a $100 minimum deposit, and while there are no withdrawal fees, an inactivity fee can apply after prolonged dormancy.
Platforms & Technology
Eightcap offers an unusually broad mix of third-party platforms for a Forex-focused broker, including MetaTrader 4, MetaTrader 5, TradingView, and TradeLocker. The main limitation is the absence of a proprietary trading platform, giving Eightcap less control over the end-to-end user experience than platform-building competitors.
Platforms
Features
- Expert Advisors
- Algorithmic trading
- Pine Script support through TradingView
- AI-assisted strategy tools through TradeLocker
- VPS services
Availability
Asset Coverage
Eightcap provides more than 800 CFD markets, including about 55 Forex pairs, indices, commodities, share CFDs, and a particularly deep cryptocurrency CFD selection of roughly 100 coins. The broker does not offer direct share dealing, listed futures, or options, and crypto CFDs are not available to U.K. retail clients.
Available assets
Trading Conditions & Tools
Trading conditions
- Overview
- Eightcap provides flexible trading conditions for both standard and active traders, with the Standard account offering commission-free spread pricing and the Raw account designed for tighter spreads with a per-side commission. Leverage depends heavily on the regulatory entity, and the broker does not provide an Islamic swap-free account.
- Execution
- Suitable For
- ScalpersDay tradersActive tradersAlgorithmic tradersForex traders
Tools & resources
- Overview
- Eightcap's research toolkit includes an Acuity-powered economic calendar, NLP-based trading signals, client-sentiment features, and daily market commentary, supplemented by TradingView's charting and screening tools. The broker lacks research integrations like Autochartist, Trading Central, or TipRanks, and its educational resources remain limited.
- Tools
- Acuity-powered economic calendarNLP-based trading signalsClient sentiment toolsMarket commentaryFlashTrader
Support & Account Opening
Customer support
- Overview
- Eightcap provides multilingual support across its international operations through live chat, phone, and email, backed by platform documentation and online help resources. Customer support is adequate for mainstream retail traders but is not the broker's primary differentiator.
- Channels
- Live chatEmailPhone
Account opening
- Overview
- Eightcap offers a straightforward account opening process for traders already comfortable with third-party platforms, though the absence of a proprietary all-in-one application means beginners may need more platform knowledge to get started.
- Process
- RegistrationIdentity verificationDocument submissionAccount approvalFunding
User Experience
Eightcap provides a flexible trading experience for users already comfortable with third-party platforms, with TradingView offering polished chart-based execution and MT4/MT5 delivering a familiar workflow for Forex and EA traders. The absence of a proprietary all-in-one platform means beginners may need more platform knowledge than at brokers with an integrated ecosystem.
Trader Compatibility
Who It's For
Best for
- Forex traders
- Gold traders
- Scalpers
- Crypto CFD traders
- Algorithmic traders
Not recommended for
- Traders seeking a proprietary all-in-one trading platform
- Traders who require cTrader
- Traders seeking direct ownership of shares
Final Review
Eightcap is a strong specialist broker for traders who want competitive pricing, modern third-party platforms, and a particularly deep cryptocurrency CFD selection, backed by a multi-regulated footprint spanning ASIC, FCA, and CySEC. It is best suited to Forex, Gold, scalping, algorithmic, and crypto CFD traders who prioritize pricing and platform flexibility over a proprietary all-in-one ecosystem or broad access to shares, futures, and options.
Trading carries risk. Review the broker’s current terms directly before opening an account. This page is informational and not financial advice.