EightCap is a veteran Australian-based Forex and CFD broker, established in 2009. Known primarily for its highly competitive pricing, deep liquidity access, and support for major platforms including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and the powerful TradingView integration, EightCap has solidified its position as a top-tier choice for both high-volume traders and retail clients globally.
This comprehensive EightCap review 2026 by BrokerJudge provides an exhaustive, data-backed analysis of the broker’s regulatory framework, fee structure, trading conditions, and overall quality of service. Our assessment confirms that EightCap focuses heavily on execution speed and offering genuine ECN-style trading conditions, particularly through its Raw Account. If you are searching for a reliable, technologically advanced broker with tight spreads, EightCap warrants serious consideration.
EightCap Safety and Regulation Assessment
When selecting a broker, regulatory compliance is the paramount factor for safety and trust. Our investigation into EightCap’s regulatory status reveals a multi-jurisdictional approach, providing different levels of protection depending on the client’s geographic location. While the broker operates globally, its primary licenses ensure a commitment to compliance.
Regulatory Oversight and Licensing
- Australian Securities and Investments Commission (ASIC): EightCap Pty Ltd is regulated by ASIC (AFSL 391441). This provides the highest level of consumer protection, segregated client funds, and adherence to strict conduct rules for Australian residents. Clients under ASIC are subject to maximum leverage limits of 30:1.
- Securities Commission of the Bahamas (SCB): EightCap Global Limited is regulated by the SCB (SIA-F220). The SCB license is crucial for serving international clients, particularly those seeking higher leverage (up to 500:1). This entity still mandates segregated client funds, ensuring client capital is separate from operational funds.
- Vanuatu Financial Services Commission (VFSC): An additional international license that supports global operations.
Is EightCap a Scam or Legit? Based on its long tenure (since 2009), primary ASIC regulation, robust technology infrastructure (Equinix servers), and transparent fee structure, EightCap is a legitimate and safe broker. The broker adheres to strong financial standards, making it a reliable choice for forex trading.
EightCap Pros and Cons
Pros
- TradingView Integration: One of the few top-tier brokers offering native TradingView connectivity, alongside MT4 and MT5.
- Highly Competitive Spreads: Raw Account offers spreads from 0.0 pips with a competitive $7 round-turn commission.
- Exceptional Crypto CFD Range: Offers over 250+ cryptocurrency CFDs, significantly more than many competitors.
- Robust Regulation: Holds key licenses from ASIC and SCB.
- Fast Execution: Utilizes Equinix data centers (NY4 and LD4) for ultra-low latency execution.
- No Inactivity Fees: Trader-friendly policy regarding dormant accounts.
Cons
- Minimum Deposit: The $100 minimum deposit may be slightly higher than some entry-level brokers.
- No Proprietary Platform: Relies entirely on third-party platforms (MT4, MT5, TradingView).
- Limited Educational Content: Educational resources, while present, are less extensive compared to industry leaders.
EightCap BrokerJudge Ratings (2026)
Our expert analysts have scored EightCap across key metrics critical to the modern trader.
| Category | Score (Out of 10) | Rationale |
|---|---|---|
| Safety & Regulation | 9.0 | Strong ASIC and SCB oversight; segregated funds policy. |
| Spreads & Trading Fees | 9.5 | 0.0 pips spreads, competitive Raw Account commission. |
| Trading Platforms | 9.3 | MT4, MT5, and crucial TradingView integration. |
| Trading Instruments | 9.2 | Excellent selection of Crypto CFDs (250+), good FX and index offering. |
| Deposit & Withdrawal | 8.8 | Zero direct withdrawal fees; fast processing times. |
| Customer Support | 8.7 | 24/5 availability via multiple channels. |
| Overall Broker Judge Score | 9.1 | A highly reliable broker specializing in low latency and diverse Crypto CFD trading. |
EightCap Account Types and Registration
EightCap simplifies account selection by offering two main account types tailored to different trading strategies. Both accounts require a reasonable minimum deposit of $100 and offer access to all trading instruments.
1. Standard Account
- Pricing Model: Spread-based.
- Commission: $0.00 per standard lot.
- Spreads: Variable, starting from 1.0 pips (majors).
- Best for: Novice traders and those who prefer an all-inclusive pricing model without separate commission calculations.
2. Raw Account
- Pricing Model: Commission-based, true ECN/STP style.
- Commission: $3.5 per side, or $7.00 per round-turn standard lot.
- Spreads: Variable, starting from 0.0 pips (highly competitive).
- Best for: Scalpers, algorithmic traders (EAs/Robots), and high-volume traders who prioritize the absolute lowest possible spread.
Additional Features
Both account types support full functionality, including Expert Advisors (EAs), scalping, hedging, and fractional lots (Min. Trade Size 0.01 lot). Islamic (Swap-Free) accounts are also available upon request for traders adhering to Sharia law.
EightCap Trading Fees, Spreads, and Commission Analysis
EightCap’s pricing structure is one of its strongest features, placing it firmly among the industry leaders for cost efficiency. The broker operates primarily as a competitive ECN/STP broker, sourcing deep liquidity to offer tight pricing.
Spread and Commission Comparison
The Raw Account, in particular, offers extremely favorable conditions for the cost-conscious trader.
| Metric | Standard Account | Raw Account |
|---|---|---|
| Minimum Spread (EUR/USD) | 1.0 pips | 0.0 pips |
| Commission (Round Turn) | $0 | $7.00 per lot |
| Effective Cost (Raw + Commission) | Spread only | Approx. 0.7 pips equivalent |
For traders handling high volume, the Raw Account’s effective cost, calculated as the spread plus commission, is highly competitive, often beating brokers with similar structures by offering slightly lower commissions.
Non-Trading Fees
- Deposit Fees: None.
- Withdrawal Fees: None directly charged by EightCap, though intermediary bank fees may apply for international wires.
- Inactivity Fees: EightCap does not charge any inactivity fee, which is a major positive compared to many European and Asian brokers.
- Swap Fees: Standard overnight financing charges (swap fees) apply to positions held past 5 pm EST, unless an Islamic account is utilized.
EightCap Trading Platforms
EightCap excels in platform offering by supporting the entire suite of necessary third-party tools, ensuring traders can utilize their preferred environment for analysis and execution.
MetaTrader 4 (MT4)
The industry gold standard for forex trading. MT4 is lauded for its stability, extensive library of Expert Advisors (EAs), and robust charting tools. EightCap ensures MT4 connectivity is optimized for speed, leveraging their Equinix server setup.
MetaTrader 5 (MT5)
A more powerful multi-asset platform that supports a wider range of instruments (including share CFDs), depth of market functionality, and superior analytical tools. We recommend MT5 for traders focused on equities and indices in addition to FX.
TradingView Integration
A defining feature of EightCap. TradingView is the world’s leading social charting platform, known for its superior technical indicators, scripting language (Pine Script), and large community. Traders can execute trades directly from the TradingView charts with EightCap as the linked broker, a massive advantage for technical analysts.
Mobile Trading
All platforms (MT4, MT5, and TradingView) are accessible via dedicated mobile applications for iOS and Android, allowing for complete trading functionality on the go.
EightCap Deposits and Withdrawals
Efficiency in funding and withdrawing funds is critical for a positive user experience. EightCap offers a comprehensive array of payment methods to accommodate a global client base.
Deposit Methods (Minimum Deposit $100)
- Bank Wire Transfer
- Credit/Debit Cards (Visa/Mastercard)
- E-Wallets (Skrill, Neteller, FasaPay)
- China UnionPay
- Crypto Wallets (e.g., USDT, BTC)
Most electronic deposits are processed instantly, allowing immediate trading. Bank wires may take 1-3 business days.
Withdrawal Process and Timeframes
EightCap enforces strict anti-money laundering policies, requiring withdrawals to be returned via the same method and to the same source used for deposit. Processing times are generally fast:
- E-Wallets: Typically processed within 24 hours.
- Card/Bank Transfers: 1–5 business days, depending on the recipient bank.
Crucially, EightCap charges no internal withdrawal fee, though traders should verify if their payment provider (like Skrill or their bank) applies currency conversion or transfer charges.
Tradable Instruments
EightCap provides access to several thousand CFDs across major asset classes, with a particular focus on offering a deep list of crypto derivative products.
- Currencies (FX Pairs): Over 40 major, minor, and exotic currency pairs.
- Cryptocurrency CFDs: Over 250 crypto pairs, including Bitcoin, Ethereum, Solana, Dogecoin, and various DeFi tokens. This extensive offering is a key selling point for EightCap.
- Indices: Major global indices (e.g., S&P 500, FTSE 100, DAX).
- Commodities: Precious metals (Gold, Silver) and Energies (Oil, Gas).
- Shares/Stocks CFDs: A selection of CFDs on global stocks, primarily available on MT5.
Client Experience and Support
EightCap offers reliable 24/5 customer service through live chat, phone, and email. The support team is generally knowledgeable about technical issues and account specifics. The broker also provides access to tools like Capitalise.ai, which allows traders to automate their strategies without needing to code.
The platform’s stability and server locations (Equinix NY4 and LD4) are optimized for algorithmic trading and scalping. Traders utilizing EAs will benefit from the low latency and high execution speeds.
EightCap vs. Leading Alternatives
How does EightCap stack up against other top-tier ECN brokers?
| Broker | EightCap | Pepperstone | IC Markets |
|---|---|---|---|
| Primary Regulation | ASIC, SCB | ASIC, FCA, BaFin | ASIC, CySEC, SCB |
| Min. Commission (RT) | $7.00 | ~$7.00 – $7.50 | ~$7.00 |
| Platforms | MT4, MT5, TradingView | MT4, MT5, cTrader | MT4, MT5, cTrader |
| Max Leverage (Global) | 500:1 | 500:1 | 500:1 |
| Crypto CFDs | 250+ | ~20 | ~60 |
EightCap is highly competitive on pricing and stands out significantly due to its dedicated support for TradingView and its superior range of Crypto CFD products.
Final Expert Verdict
EightCap maintains its status as a highly reliable and technologically robust brokerage in 2026. The combination of strong regulatory backing (ASIC and SCB), ultra-competitive Raw Account pricing (0.0 pips spreads, $7 RT commission), and integration with all three key platforms—MT4, MT5, and TradingView—makes it an exceptionally strong choice.
For high-volume forex traders and those interested in trading an extensive range of crypto CFDs, EightCap provides the optimal environment. The dedicated focus on execution speed via Equinix servers ensures minimal slippage, confirming its reputation as a preferred ECN/STP facilitator. BrokerJudge highly recommends EightCap, scoring it 9.1 out of 10 for its overall service quality and cost efficiency.
Frequently Asked Questions (FAQs)
1. Is EightCap regulated and safe to trade with?
Yes. EightCap is regulated by the Australian Securities and Investments Commission (ASIC) and the Securities Commission of the Bahamas (SCB). They adhere to strict financial standards, including segregating client funds, which ensures a high degree of safety.
2. What is the minimum deposit required by EightCap?
The minimum initial deposit for both the Standard and Raw Accounts at EightCap is $100.
3. Does EightCap charge an inactivity fee?
No, EightCap does not charge any inactivity fees, regardless of how long the account remains dormant.
4. What platforms are available at EightCap?
EightCap offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and has native integration with TradingView, allowing direct execution from the popular charting platform.
5. What is the maximum leverage offered?
For clients regulated under the SCB (Global), the maximum leverage offered is 500:1. For clients under ASIC (Australia), the maximum leverage is restricted to 30:1.
6. How does the Raw Account commission structure work?
The Raw Account offers spreads from 0.0 pips and charges a flat commission of $3.50 per side, totaling $7.00 per round-turn standard lot traded.
7. Can I trade Cryptocurrencies on EightCap?
Yes, EightCap is known for its extensive Cryptocurrency CFD offering, providing access to over 250 different crypto pairs, significantly more than most competitors.
8. Does EightCap support EAs and Scalping?
Yes, EightCap fully supports all forms of automated trading, including Expert Advisors (EAs) on MT4/MT5, and permits high-frequency strategies like scalping and hedging due to its fast execution environment.
9. Are there any withdrawal fees?
EightCap does not charge direct withdrawal fees. However, bank wires or specific e-wallets may incur charges from intermediary institutions.
10. What percentage of retail investors lose money with EightCap?
EightCap discloses that approximately 78.5% of its retail investor accounts lose money when trading CFDs. This figure is standard across the industry and highlights the inherent risks of CFD trading.
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