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Eightcap Review

  • Regulated by: ASiC
  • Safety: segregates client funds
  • Trust Rating: B
Open Eightcap's Website

Losses can exceed deposits. Your capital is at risk.

Eightcap offer two ways to trade: Forex, CFDs.

To open a live account, you’ll need a minimum deposit of at least $100. Alternatively, Eightcap offer a demo account that you can use to practice and familiarise yourself with their platform.

Regulated by ASiC (AFSL #391441). Eightcap puts all client funds in a segregated bank account and uses tier-1 banks for this. Eightcap have been established since 2015, and have a head office in Australia.

Before we dive into some of the more detailed aspects of Eightcap’s spreads, fees, platforms and trading features, you may want to open Eightcap‘s website in a new tab by clicking the button below in order to see the latest information directly from Eightcap.

Open a demo account Visit Eightcap

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.


  • Segeregates client funds
  • Established in 2015
  • Regulated by ASiC
  • Min. deposit from $ 100


What are Eightcap's spreads & fees?

The spreads displayed below are based on the minimum spreads listed on Eightcap’s website. The colour bars show how competitive Eightcap’s spreads are in comparison to other popular brokers featured on BrokerNotes.

See all Spreads

Example: How much would it cost to trade 1 lot of EUR/USD?

If you were to buy one standard lot of EUR/USD (100k units) at an exchange rate of 1.1719 and then sell it the next day at the same price you could expect these fees:

Eightcap AvaTrade Plus500
Spread from: $0.00 $7.00 $6.00
Typical overnight fee: $0.00 $5.00 $9.40
Commission: 7 0 0
Total cost of a 100k trade: $7 $12 $15.4
+$5.00 more +$8.40 more
Visit Eightcap Visit AvaTrade Visit Plus500

All fees/prices are for informational purposes and are subject to change. Last updated: 17/11/2017.

General Fees

  • Eightcap doesn't charge inactivity fees
  • Eightcap withdrawal fees varies on payment method

Overnight fees & swap rates

When you hold a position overnight, it is usually subject to overnight interest which you must pay to your brokerage (sometimes called a rollover fee or swap rate).

  • the roll over fee for long positions on EUR/USD is $Not available
  • the roll over fee for short positions on EUR/USD is $Not available


  • Eightcap does charge commission on CFD shares

What instruments can you trade with Eightcap?

FX / Currencies Eightcap AvaTrade Plus500
# of forex pairs offered 42 59 61
Major forex pairs Yes Yes Yes
Minor forex pairs Yes Yes Yes
Exotic forex pairs Yes Yes Yes
Cryptocurrencies No Yes Yes
Commodity CFDs Eightcap AvaTrade Plus500
# of commodities offered 0 16 17
Metals Yes Yes Yes
Energies Yes Yes Yes
Agricultural No Yes Yes
Indiced & Stock CFDs Eightcap AvaTrade Plus500
# of Stocks offered 0 99 1816
UK Shares No Yes Yes
US Shares No Yes Yes
German Shares Yes Yes Yes
Japanese Shares Yes Yes Yes
See Eightcap's Instruments See AvaTrade's Instruments See Plus500's Instruments

What's the Eightcap trading experience like?

1) Platforms and apps

Eightcap offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

Eightcap Screenshot See Eightcap's Platforms

Eightcap also offer mobile apps for Android and iOS, making it easier to keep an eye on and execute your trades while you‘re on the move.

See Eightcap's platforms

Trading Features:

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit

Accounts offered:

  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account

Still not sure?

Open a practice account & learn to trade

2) Executing Trades

Eightcap allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument.As Eightcap offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the trader, accounts and instruments, but as a guide, Eightcap offer margin up to 0.01% on currencies.

Finally, we‘ve listed some of the popular funding methods that Eightcap offers its traders on the right.

Funding methods:

  • Credit cards
  • Bank Transfer
  • Payoneer

3) Client support

Eightcap support a limited number including English, and Chinese

Eightcap have a BrokerNotes A support rating because Eightcap offer over three languages and

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from http://www.eightcap.com/ on March 6, 2018.