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Eightcap Guide – Read our In-Depth Eightcap Review

Eightcap Rating: 3.55 / 10

Our proprietary rating algorithm takes all of our datapoints to generate the rating. This keeps things fair and removes human bias to ensure that our users can compare brokers easily and find the best ones.

This Eightcap review has been updated for 2021 by industry experts with years of financial experience in Forex, CFDs, & Social Trading.

Please note that due to regulations, the content in this Eightcap review does not apply to users in BR, KR, IR, IQ, SY, JP, US

This Eightcap review contains the most recent information about Eightcap.

If you're a new entrant in the world of trading and broker, so many details will be confusing for you. Getting into the world of trading requires expert analyzing skills and thorough knowledge. You will get adept at all the concepts of brokerage since you keep trading. For starters, you need to choose the right broker who will be clear with you always.

Within this fast-paced universe of stock markets and trading, you will need advice to make correct decisions. A professionally direct investment plan will generate hefty returns. Eightcap is one such stage which will take you along with your investment to great heights. It's crucial that you understand about Eightcap until you trust them with your cash.

Eightcap review screenshot

Eightcap Review – Quick Summary

Eightcap Telephone Number: +61 3 8373 4800
Eightcap Email Address: customerservice@eightcap.com
Eightcap Address: Level 6, 360 Collins St, Melbourne, Victoria 3000, AU
Year Founded: 2009
Regulated By: Australian Securities and Investment Commission (ASIC)
Hedquarters: Australia
Minimum Deposit: $100
Number Of Clients: 10,000+ Eightcap users and traders
Eightcap LinkedIn: https://www.linkedin.com/company/eight-cap-pty-ltd/
Eightcap Facebook: https://www.facebook.com/EightcapAU/
Eightcap Facebook Likes: 7,005
Eightcap Twitter: @Eightcap_aufx
Eightcap Twitter Followers: 1,948
Eightcap Instagram: https://www.instagram.com/eightcapaufx/
Eightcap Instagram Followers: 1,125
Eightcap Youtube: https://www.youtube.com/channel/UCa77H1ycVUAG_M3aToCPk8w

Margin trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Eightcap, and seek independent advice if necessary.

Our full Eightcap Review covers everything you need to know about trading using Eightcap. A fantastic agent can multiply your initial investments and provide you favourable profits. If you would like to make profits, you must trade with a brokerage service that aligns with your investing objectives.

There's absolutely no sure-fire way to guarantee profits; therefore, you must carefully analyze your agent before you choose them. It's a frequent misconception that all brokers are exactly the same, but that is not true. Wrong judgment, in the beginning, can set your investments at risk.

Eightcap is a broker that has paved its way successfully to the broker world. In this review, we've attempted to collate a number of the vital facets of Eightcap. This review will allow you to understand whether Eightcap is a good match for your investments or not. We have attempted to breakdown all of the features and charges for your advantage.

Eightcap Review, Table Of Contents

Who are Eightcap?

Eightcap is a forex broker headquartered in Australia and provides a range of tools for online trading. Since its inception in 2009, Eightcap has emerged as a top-tier player in the industry of online broker. Eightcap has an extremely aggressive and full-featured trading site that is focused on forex, indices, metals, stocks , commodities.

Over the past 12 years, Eightcap has grown into one of the leading online brokers.

After establishing in 2009, their customer base has become as big as 10,000+ clients.

Eightcap is the favourite for many dealers.. Our Eightcap review discovered that they are an superb alternative for automated trading solutions. It is most appropriate for investors that are searching for a variety of assets. Social and automated trading options are the core at Eightcap.

Technology plays a substantial role in Eightcap. Eightcap features trading on MT4, Tablet & Mobile apps. Eightcap is honest, transparent, and a well-regulated agent by the Australian Securities and Investment Commission (ASIC). Their outstanding variety of resources will be beneficial for the majority of traders. Third-party partnerships also supply in-house research.

Who Founded Eightcap?

The founders of Eightcap are Joel Murphy

The creators of Eightcap are known for their experience in the sphere of online trading. However, there are a lot of other important men and women at Eightcap who have a significant contribution to it's success.

The educational department at Eightcap is very enlightening for new traders since it allows them to get a closer look at the financial markets. Eightcap caters to all sorts of traders and are a must-have broker for almost any well-diversified approach to online trading.

Eightcap Videos

Benefits of trading with Eightcap?

Trading with Eightcap includes numerous advantages. These benefits are what sets Eightcap apart from the rest of the online brokers. You need to check all the advantages listed so that you have a better understanding of Eightcap.

The broker goes to great lengths to comprehend what traders want. Consequently, the support, quick, and convenient. The agent also provides a number of platforms for all types of traders. Eightcap helps to ensure that the individual needs of all online traders are duly met.

Eightcap also features excellent trading conditions that are available to just an elite class of institutional customers. The tight spreads and fast executions are a fantastic benefit for those traders. The technology embraced by Eightcap is of the highest caliber, ensuring that it's fast, reliable, and effective.

Eightcap acknowledges the importance of having a quick order execution. A quick execution will allow users to trade without fretting about slippage safely. It will also help the dealers to catch the utmost profitable opportunities.

Copy trading is another major aspect of Eightcap. A new dealer can learn from business experts utilizing the automatic copy trading alternative. This means you can see the best performing brokers and instantly copy their trades and benefit from their experience

To build a strong community of traders and investors, and to encourage successful traders to share their wisdom, Eightcapoffers social trading which encompasses leading traders sharing their knowledge with the community. What stocks they are monitoring, what to buy, what to sell. This allows intermediate traders to absorb the expert knowledge and make their own trades based off it. It is a more independent version of copy trading.

Eightcap has over 100 trading tools to support all types of traders. These instruments are dynamic and suitable for both the new and seasoned traders. The dealers can put aside all their worries when trading using Eightcap.

Eightcap overview

Year Founded: 2009

Regulated By: Australian Securities and Investment Commission (ASIC)

Hedquarters: Australia

Minimum Deposit: $100

Number Of Clients: 10,000+

Margin trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Eightcap, and seek independent advice if necessary.

If you feel that Eightcap is not right for you then at the bottom of this Eightcap review you wil find a lot of alternatives to Eightcap.

Everything you should know about trading with Eightcap

Eightcap is a lively platform that offers various methods of trading online. These tools cover the monetary markets substantially. Most of the brokerage platforms offer fewer approaches than Eightcap

If you would like to exchange with Eightcap, you'll need a minimum deposit of $100. This deposit is required if you wish to begin trading with Eightcap. This 2021 Eightcap review will direct you clearly about trading with them.

Eightcap is as versatile as another brokerage platform. Eightcap is great for traders who want a manageable assortment of cheap services. The programs offered by Eightcap are third party, white-label offerings. All traders may pick from MT4, Tablet & Mobile apps.

Together with everything, Eightcap has multiple benefits to new and verteran traders and should be investigated. There's no minimum time over which a trade has to be kept open. The agents offer premium customer service that rewards clients with advantages.

Many less reputable brokers try to pressurise users into larger financing for premium services. Eightcap, on the other hand, is more concentrated on trading volume. Traders can expect trading conditions to be fair, honest and transparent. The more lots traded by the user, the more advantages will become available.

Eightcap accounts are available all over the world and provides quality service everywhere they have clients. There are some select few countries where Eightcap accounts are not available. Traders in the following countries cannot open or use a Eightcap account:

BR, KR, IR, IQ, SY, JP, US

Is Eightcap Safe To Trade With?

Established in 2009, Eightcap has been operating for 12 years, they are headquarted in Australia.

Eightcap is regulated by Australian Securities and Investment Commission (ASIC). These bodies have rules that mandate that trading platforms have steps in place to keep investor's resources secured. This means that Eightcap users don't need to worry about their money as it is segregated and safely kept in established banks. SSL encryption simplifies each user's personal information also.

You can make use of an option for Two Factor Authentications (2FA) with Eightcap for heightened security. An SMS for the verification code will be sent to your mobile phone. You will be required to enter this code to log in to your accounts.

Another concern with fiscal brokers is in respect to security might be manipulation of trading. This is highly disadvantageous for users on those platforms. However, this is much more widespread in the example of Market Maker agents who compete with customers on the stage.

Eightcap Risk Disclaimer

Margin trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Eightcap, and seek independent advice if necessary.

Pro's & Con's Of Trading With Eightcap

Every online trading platform will have some ups and downs, and no Eightcap review would be complete without having a balanced approach. This Eightcap review covers both the pros and cons you need to know before you make an account. A comparative analysis can put things into perspective so that you are aware of what to expect.

Eightcap Pro's

  • Eightcap is trusted by 10,000+ clients
  • Eightcap has low minimum deposit requirements
  • Eightcap doesn't charge deposit fees
  • Eightcap doesn't charge CFD fees
  • Eightcap offers social trading
  • Eightcap offers copy trading
  • Eightcap offer trading on MT4, Tablet & Mobile apps
  • Eightcap offer 100 trading instruments
  • Eightcap trades major forex pairs
  • Eightcap trades minor forex pairs
  • Eightcap trades exotic forex pairs
  • Eightcap can communicate in English, and Chinese

Eightcap Con's

  • Eightcap does not offer Negative Balance Protection
  • Eightcap does not offer Guaranteed Stop Loss
  • Eightcap charge withdrawal fees
  • Eightcap charge inactivity fees
  • Eightcap doesn't offer trading on cryptocurrencies
  • Eightcap doesn't offer trailing stop

Eightcap Review - Compare Brokers Similar To Eightcap

Eightcap Traders Trust huobi Swissquote
Rating 3.55 / 10 5.96 / 10 6.55 / 10 5.69 / 10
Minimum Deposit $100 $100 $250 $0
Year Founded 2009 1998 2014 1999
Headquarters Australia Cyprus Bulgaria Switzerland
Regulated By Australian Securities and Investment Commission (ASIC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), The Federal Financial Supervisory Authority Bundesanstalt f??????r Finanzdienstleistungsaufsicht (BaFin), The National Securities Market Commission (CNMV), The Commissione Nazionale per le Societ????? e la Borsa (CONSOB), Finansinspektionen (FI), Netherlands Authority for the Financial Markets (AFM), Financial Services Authority (FSA) Financial Conduct Authority (FCA), Australian Securities and Investment Commission (ASIC), Dubai Financial Services Authority (DFSA), Pepperstone Markets Limited is incorporated in The Bahamas (number 177174 B), Licensed by the Securities Commission of The Bahamas (SCB) number SIA-F257 Financial Conduct Authority (FCA)
Clients 10,000+ 10,000+ 10,000+ 300,000+
Find Out More
Risk Warning Margin trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Eightcap, and seek independent advice if necessary. Losses can exceed deposits Your capital is at risk Trading foreign exchange, spot precious metals and any other product on the Forex platform involves significant risk of loss and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment

Eightcap Review - Regulation And Licencing In More Detail

Eightcap is regulated by Australian Securities and Investment Commission (ASIC).

Eightcap, as a business, has a strong collection of rules for ensuring honest trading onto its own platform. For data encryption functions, it provides an industry-standard secure socket layer (SSL).

In accordance with the company's privacy regulations, customer data is to not be shared with some other institutions or individuals. Including credit history and other financial details.

Eightcap Review - Awards

Eightcap have won several industry awards over the time they have been running as an online trading platform. We detail the most recognised awards for Eightcap here.

  • In 2020 Eightcap was awarded Best MT4 Forex Broker.

Eightcap Trading Platforms

Eightcap are a professional trading platform that has been operating for over 12 years. They offer a wide range of options in their user accounts.

Below we take the main parts of any reputable broker and compare Eightcap against Traders Trust, huobi, and Swissquote

Eightcap Traders Trust huobi Swissquote
Demo Account Yes Yes Yes Yes
Proprietary Platform No
Windows App Yes Yes Yes Yes
Mac App Yes Yes Yes Yes
Linux App No No No No
Social Trading Yes Yes Yes Yes
Copy Trading Yes No No Yes
MetaTrader 4 (MT4) Yes Yes Yes No
MetaTrader 5 (MT5) Yes Yes Yes Yes
cTrader Yes Yes Yes Yes
DupliTrade Yes Yes Yes No
ZuluTrade No


Margin trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Eightcap, and seek independent advice if necessary.


Losses can exceed deposits


Your capital is at risk


Trading foreign exchange, spot precious metals and any other product on the Forex platform involves significant risk of loss and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment

Eightcap Review - Minimum Deposit Required

The minimum deposit you must deposit to begin on Eightcap is $100. This is a decent amount for those just beginning. You can make more advanced deposits as you go along. However, make certain you understand how to make the most of your money before investing larger amounts.

Eightcap Review - Commission And Fees Explained

Eightcap is an online broker platform, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online brokerages are scaled much better. That is, an online broker isn't necessarily influenced by the number of customers they have.

But this doesn't necessarily mean that online brokers don't charge any fees. They charge prices of varying rates for various services to earn money. There are mainly three types of fees for this objective.

The first sort of charges to look out for are trading fees. When you make a genuine trade, like purchasing a stock or an ETF, you are charged trading fees. In these cases, you are paying a spread, financing speed, or even a commission. The kinds of trading fees and the rates vary from broker to broker.

Commissions can be fixed or dependent on the traded quantity. On the other hand, a spread denotes the difference between the buying and selling price. Funding or overnight rates are people who are billed when you maintain a leveraged position for longer than a day.

Apart from trading fees, online agents also charge non-trading fees. These are determined by the activities you undertake on your accounts. They are charged for operations like depositing cash, not investing for long periods, or withdrawals.

In general, Eightcap does not charge high fees in comparison to other online agents. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a smaller sum. This is beneficial for those who regularly trade, for example daily or weekly trading.

But, non-trading fees billed by Eightcap are relatively lower. As a result, you're charged more for non-trading activities on your trading accounts, like deposits and withdrawal. These aren't about the sale and purchase of resources.

This Eightcap review breaks down every one of the relevant non-trading charges for you in detail.

Compare broker fees against Eightcap

Eightcap Traders Trust huobi Swissquote
Minimum Deposit $100 $100 $250 $0
Withdrawal Fees Yes No No No
Inactivity Fees Yes Yes No No
Deposit Fees No No No No
CFD Fees No No No No


Margin trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Eightcap, and seek independent advice if necessary.


Losses can exceed deposits


Your capital is at risk


Trading foreign exchange, spot precious metals and any other product on the Forex platform involves significant risk of loss and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment

Eightcap Review - Withdrawal Fees Explained

Eightcap charges a withdrawal fee if you make a bank transfer. Every time you transfer money back into your bank account, these withdrawal fees become important.

Withdrawal of cash is possible at any time from your Eightcap account. You can draw up sums to the sum of your account balance, keeping aside the perimeter utilized. 1 thing to remember is that you don't always have to have any cash on your accounts.

In addition, the withdrawn money will be moved directly to the accounts you use to create deposits. Thus, in the event that you used a credit card for deposits, the withdrawn cash is going to be sent into the card. Eightcap will ask you to offer other withdrawal methods if your details have changed since your deposit.

There is a minimum withdrawal amount. In the event you're withdrawing money in various currencies from USD, a conversion fee is also applicable. The conversion fee will be dependent on the money you are opting to withdraw in.

Eightcap Review - Inactivity Fees Explained

Understanding whether you will be charged inactivity fees is only one of those buzzing questions that run through your mind when open an account with Eightcap. An inactivity fee is an amount charged to registered traders that haven't engaged in buying or selling for some time. The period considered inactive is decided by the broker.

The inactivity fee also differs from one agent to another and isn't generalized. If a dealers account doesn't have a purchasing or selling trade, it is claimed by the broker as an inactivity fee. The traders have to pay this commission under terms and conditions they had agreed while registering.

Eightcap charges an inactivity fee if you don't make any trades for a while.

Even if no charges are implied by Eightcap, it is best that you close the account if you're inactive. Inactivity fees aren't only charged by brokerage companies but also many financial services.

For additional trading platforms, the inactivity fee depends on the sort of account you have chosen. The inactivity fee is exposed to a lot of circumstances and needs to be disclosed clearly by the broker beforehand.

Eightcap Review - Deposit Fees Explained

When you transfer money into your trading account from the bank account, a deposit fee can be charged by the broker. Most agents do not charge an excessive amount of money for this operation.

Eightcap doesn't charge deposit fees so you are free to transfer smaller amounts of money in more regularly if needed

Depositing money on the Eightcap trading platform is simple. You simply need to finish a single-user profile survey to start depositing money into your trading account. You will have to give an identity proof and proof of residency to deposit large sums.

Eightcap Review - Compare Broker Deposit Methods

Eightcap Traders Trust huobi Swissquote
Minimum Deposit $100 $100 $250 $0
Credit Card Yes Yes Yes Yes
PayPal No No Yes No
Neteller No No Yes No
Skrill No No Yes No
Payoneer Yes Yes Yes Yes


Margin trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Eightcap, and seek independent advice if necessary.


Losses can exceed deposits


Your capital is at risk


Trading foreign exchange, spot precious metals and any other product on the Forex platform involves significant risk of loss and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment

What Can You Trade With Eightcap?

Note: Eightcap offers many different trading instruments due to regulatory restrictions in some countries. Trading instruments offered will differ based on the country of residence of the client.

Eightcap has a wide variety of over 100 instruments available for you to trade with.

If trading currency pairs is of interest to you then Eightcap offer over 45 forex pairs.

Compare Eightcap, Traders Trust, huobi & Swissquote below.

Eightcap Traders Trust huobi Swissquote
Platforms MT4, Tablet & Mobile apps MT4, Web Trader, Tablet & Mobile apps MT4, MT5, Mac, ZuluTrade, Web Trader, cTrader, Tablet & Mobile apps MT4, MT5, ZuluTrade, Web Trader, Tablet & Mobile apps
Instruments Available 100 100 140 100
Forex & Crypto
Forex Pairs Available 45 15 110 150
Offers Major Forex Pairs? Yes Yes Yes Yes
Offers Minor Forex Pairs? Yes Yes Yes
Offers Exotic Forex Pairs? Yes Yes Yes
Offers Cryptocurrencies? No No Yes No
Commodity CFD's
Commodities Offered 0 0 56 7
Trade Metals? Yes Yes Yes Yes
Trade Energies? Yes Yes Yes Yes
Trade Agricultural? No No No No
Indiced & Stock CFDs
Stocks Offered 64 0 56 7
Trade UK Shares? Yes No No Yes
Trade US Shares? Yes No No Yes
Trade German Shares? Yes Yes Yes Yes
Trade Japanese Shares? Yes No No Yes


Margin trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Eightcap, and seek independent advice if necessary.


Losses can exceed deposits


Your capital is at risk


Trading foreign exchange, spot precious metals and any other product on the Forex platform involves significant risk of loss and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment

Reviewing The Eightcap Mobile App

Note: Eightcap's mobile app has many functions and is being constantly developed. What follows was correct at the time of writing this Eightcap review.

Understand the capabilities of the mobile apps of Eightcap, Traders Trust, huobi & Swissquote below.

Eightcap Traders Trust huobi Swissquote
Basic Alerts / Push Notifications Yes Yes Yes Yes
Watchlists
Has A Watchlist No Yes Yes Yes
Watchlist Syncs Across Platforms No Yes Yes No
Indicators And Charts
App Indicators No Yes Yes Yes
Can Draw Trendlines No Yes Yes No
Can Move Trendlines No Yes Yes Yes
Has Multiple Timeframes No Yes Yes No
Saves Charts No Yes Yes Yes
Other Broker Mobile App Functions
Has Economic Calendars No Yes Yes Yes


Margin trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with Eightcap, and seek independent advice if necessary.


Losses can exceed deposits


Your capital is at risk


Trading foreign exchange, spot precious metals and any other product on the Forex platform involves significant risk of loss and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment

Alternatives To Eightcap

If, after studying this Eightcap review, they do not fulfill your requirements check out these Eightcap alternatives.

We have scoured the internet to find the best alternatives to Eightcap. Click on the links below to find out more.

Frequently Asked Questions about Eightcap

Can I try Eightcap before I buy?

Yes, you can most definitely try Eightcap before you buy. Eightcap offers demo accounts for the ease of inexperienced traders. You may use this feature to build your faith in the machine as well as yourself and your trading strategies.

If you register for a demo account on Eightcap, you will set out with a decent amount of virtual money. It's to establish a sense of security and confidence in you before you choose to invest your own money.

With this digital Eightcapdemo account, you can experiment in any way, to whatever period you desire. You can even start positions, test different trading approaches, and more.

Eightcap specifies on its official site which you are able to exchange real time stocks with your demo account.

Is Eightcap safe?

It is possible to drop all your worries since we believe that Eightcap is perfectly safe to use. It is in compliance with the rules of Australian Securities and Investment Commission (ASIC).

Even so, Eightcap doesn't provide assured stop-loss protection.

Why does Eightcap ask for my passport?

The reason that Eightcap asks for your passport when you open a live account is to ensure that it remains within the rules of its regulated bodies. Because there is a lot of money moving around the world, Eightcap has to be careful that they don't breach any money laundering laws and part of that is know as KYC (Know your customer). This means that at all times, Eightcap must know exactly who they are dealing with so that if there is any investigation they are comfortable that they are well within the law.

How can I start trading with Eightcap?

The process to start trading withEightcap is perhaps simple enough to be a cakewalk. You need to begin by signing up on the Eightcap website. It will require you to fill in details pertaining to the credibility and security of your account.

Once you are done setting up your profile, you must deposit a minimum amount to get started. The minimum deposit for a live account with Eightcap is $100. You should have a good hold over the nuances of online trading before you set out and trade with real money.

If you are confident of your knowledge and understanding, you can open an account with Eightcap.

The best way to kickstart your trading career with Eightcap is to open a demo account facility before risking any real money

What funding methods do Eightcap accept?

There are multiple methods to fund your account with Eightcap. The process is effortless and quick, with different payment methods in your fingertips.

You can use credit or debit cards Which range from Visa, Diners, and Maestro to MasterCard and Visa Electron. PayPal is also at your disposal for depositing money. You have to bear in mind that PayPal is not available in every country. The currencies Eightcap

Is my money safe with Eightcap?

Yes, your money is safe and protected with Eightcap. As you already know, Eightcap works with proper conformation to. It has established lots of measures to protect all its own investors.

Eightcap safeguards its clients' personal and sensitive data under SSL encryption. Your funds will be retained highly secure in top-tier banks.

If you want to further safeguard your accounts, it is possible to empower Two-Step Verification also. It takes an SMS affirmation that you access your account.

Is Eightcap trading good?

Yes, trading through Eightcap is a nice and good experience indeed. It is an excellent and intuitive platform with helpful features for your ease. In addition, you can even gain access to a huge selection of educational tools and assistive substance to kickstart your trading experience.

If you are still skeptical, you can start a eToro demo account and assess the trustworthiness of the platform for yourself.

Which Countries does Eightcap support?

Eightcap operates around the world. However, due to regulations there are some countries that Eightcap does not accept clients from BR, KR, IR, IQ, SY, JP, US

Is Eightcap legit?

Eightcap is a legit company headquarted in Australia since 2009. They are regulated by Australian Securities and Investment Commission (ASIC). Eightcap is an acclaimed fintech company, which operates with transparency. You will not have to bear any hidden costs or be a victim to any scams.

Is Eightcap a good broker?

Eightcap is an excellent broker, and its own users can vouch for it. The highlight of the platform is its fast order execution on trades.

You will find the clean design of the platform along with the admirable features that a pleasure to work with.

Is Eightcap a trustworthy broker?

Yes, Eightcap is a trustworthy broker. Top-tier financial authorities regulate all operations. Over 10,000+ users registered with them can reaffirm their trustable nature.

What is the minimum deposit for Eightcap?

The minimum deposit to open a live account with Eightcap is $100

How long do Eightcap withdrawals take?

Normally, withdrawal of money from Eightcap is actioned within a couple of working days but depending on the withdrawal method chosen, it could take up to 7 working days for the withdrawal from Eightcap to show in your bank account.

Are Eightcap regulated?

Eightcap are regulated by Australian Securities and Investment Commission (ASIC)

Is Eightcap a market leading broker?

Eightcap is indisputably one of the business leaders. It supports over 10,000+ registered customers and over 12 years of expertise on its own record. They are one of the world's leading trading platforms and a prominent figure in the Fintech revolution.

It simplifies this status to its incredible platform and wide selection of tools plus resources so you can invest in capital markets.

Is Eightcap a con?

No, Eightcap is not a con. They are regulated by Australian Securities and Investment Commission (ASIC) and must adhere to their rules. Thus, it is safe to say that Eightcap is not a scam.

Can you make money with Eightcap?

Through Eightcap, many traders earn a lot of money. However, on average, through continual trading, you also can create between 2% - 10% profit a month.

This can look like a little number, but within the entire year, this adds to a significant number of gains. While Eightcap supply you all of the tools to make money, they can't guarantee you will gain.

Does Eightcap have fees?

Yes. To start trading with Eightcap, you need to deposit $100. Certain commissions while trading also apply. Any processing fees from your bank might need to be incurred by you.

When was Eightcap founded?

Eightcap was founded in 2009 in Australia. Eightcap is regulated by Australian Securities and Investment Commission (ASIC).

How many people use Eightcap?

Eightcap is a globally recognised agent with 10,000+ customers.

Where is the Eightcap head office?

Eightcap has its head office in Australia

Does Eightcap offer negative balance protection?

No. Eightcap does not provide negative balance protection. If your balance is negative, Eightcap indicates you promptly contact client services. For this, you can fix any imbalances in your account.

Does Eightcap offer guaranteed stop loss?

Eightcap unfortunately, does not provide guaranteed stop loss. Eightcap provides a chance for its dealers to close their trade at their specified price. Apart from that, Eightcap doesn't offer guaranteed stop loss.

Does Eightcap allow scalping?

Yes, Eightcap do permit scalping. Several traders throughout the world choose Eightcap for their scalping services. They offer trading on MT4, Tablet & Mobile apps which let this.

Does Eightcap allow hedging?

Yes, Eightcap does allow hedging.

Can you trade energies with Eightcap?

Yes, you can trade energy stocks with Eightcap

Can you trade agricultural shares with Eightcap?

No, unfortunately you cannot trade agricultural stock with Eightcap

Can you trade cryptocurrency with Eightcap?

No, unfortunately you cannot trade cryptocurrency with Eightcap

Can you trade metals with Eightcap?

Yes, you can trade metals with Eightcap

Can you trade UK Shares with Eightcap?

Yes, you can trade UK shares with Eightcap

Can you trade US Shares with Eightcap?

Yes, you can trade US shares with Eightcap

Can you trade Japanese Shares with Eightcap?

Yes, you can trade Japanese shares with Eightcap

Can you trade German Shares with Eightcap?

Yes, you can trade German shares with Eightcap

Does Eightcap accept bank transfers?

Yes, Eightcap accepts bank transfers for depositing money.

Does Eightcap accept credit cards?

Yes, Eightcap accepts credit cards for depositing money.

Does Eightcap accept PayPal?

No, Eightcap does not accept PayPal.

Does Eightcap accept Skrill?

No, Eightcap does not accept Skrill.

Does Eightcap accept Payoneer?

Yes, Eightcap accepts Payoneer for depositing money.

Does Eightcap accept Neteller?

No, Eightcap does not accept Neteller.

Does Eightcap offer Live Chat customer support?

Yes, Eightcap offers customer support through live chat.

Does Eightcap offer phone customer support?

Yes, Eightcap offers customer support over the telephone.

Does Eightcap offer email customer support?

Yes, Eightcap offers customer support through email.

What languages can Eightcap communicate in?

Eightcap has the ability to communicate and support customers who speak: English, and Chinese

Does Eightcap have a wikipedia page?

No, Eightcap does not have an official wikipedia page.

Does Eightcap offer demo accounts?

Yes, Eightcap offers virtual portfolio accounts so you can learn their systems before risking any real money. Inexperienced traders can open a demo account in order to better understand the areas of Forex trading and test out some of the company’s features before getting a live account.