Eightcap Review

Key Features:

• Leverage: Up to 1:500
• Regulation: ASIC (Australia), SCB (The Bahamas), CySEC (Cyprus), FCA (UK)
• Minimum Deposit: $100
• Headquarters: Australia
• Trading Platforms: MT4, MT5, TradingView
• Founded: 2009

Eightcap Licenses

• Eightcap Pty Ltd: Authorized by ASIC (Australia), registration ABN 73 139 495 944, AFSL 391441
• Eightcap Global Limited: Authorized by SCB (The Bahamas), registration SIA-F220
• Eightcap EU Ltd: Authorized by CySEC (Cyprus), registration HE 329922
• Eightcap Group Ltd: Authorized by FCA (UK), registration FRN 921296

Who is Eightcap?

Eightcap is an Australian-incorporated brokerage company providing Forex and CFD trading services since 2009. The broker is known for its transparent pricing model, low variable spreads, and fast execution, facilitated by quotes from leading banks and institutions via Equinix servers.

Global Presence

Headquartered in Australia, Eightcap also operates internationally with offices in The Bahamas, Cyprus, and the UK. The broker offers a comprehensive trading experience on the popular MetaTrader 4 and MetaTrader 5 platforms, as well as TradingView. Eightcap’s global reach ensures that traders have access to a wide range of financial instruments with competitive spreads and rapid execution.

Trading Solutions and Platforms

Eightcap supports MT4 and MT5 traders by providing a personalized trading experience with access to popular financial instruments. The broker is recognized for its award-winning MetaTrader platforms and offers CFD trading on over 600 markets including forex, indices, commodities, and shares.

Partnership Opportunities

In addition to catering to retail clients, Eightcap offers technological advantages and partnership opportunities for affiliates, introducing brokers (IBs), and influencers. This includes access to advanced trading tools and a supportive infrastructure for growing their trading businesses.

Pros and Cons

Pros:

• Regulated Broker: Fully regulated by ASIC, CySEC, SCB, and FCA.
• Technological Infrastructure: Advanced trading technology with Equinix servers.
• Wide Range of Instruments: Offers a broad selection of financial instruments.
• Trading Platforms: Supports MT4, MT5, and TradingView.
• Low Costs: Competitive spreads and low trading costs.
• Withdrawal Methods: Multiple options for withdrawing funds.

Cons:

• Educational Resources: Limited learning materials for beginners.
• Customer Support: No 24/7 support.
• Security Concerns: Accounts are primarily opened under the Bahamas entity, which may have lower security compared to ASIC-regulated entities.

Awards and Recognition

Eightcap has been recognized for its excellence in providing a tailored trading experience, especially through its UK entity, which is the only dedicated TradingView broker in the UK. This specialized focus allows Eightcap to offer a unique product experience for TradingView users, enhancing their trading capabilities.

Is Eightcap Safe to Trade With?

Eightcap is a low-risk trading broker due to its stringent regulatory compliance. The broker is regulated by reputable authorities including ASIC in Australia, CySEC in Cyprus, SCB in The Bahamas, and the FCA in the UK. This regulatory oversight ensures that Eightcap adheres to strict standards, providing a secure trading environment for its clients.