EightCap Review 2024 | Information about EightCap Forex Broker

Broker News

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Account Type

7.5

Good

Features

Trading Platforms

MT4, MT5

Min Deposit

100.0 USD

Max Leverage 1 : 500

Min Trade Volume

0.01 Lots

Margin Call Level 80%

Stop Out Level 50%

Commission

0 USD

Spread Type Variable Spread

Account Currencies

CAD, NZD, SGD, ‎AUD, GBP, EUR, USD

Trading Instruments

Cryptocurrencies, Stocks/Equities, Indices, Commodities, Forex/Currencies

Hedging

Scalping

NBP

Islamic

Deposit and Withdrawal

6.5

Average

Features

Company and Service

7.8

Good

Features

Profile

Headquarters Address

Level 6, 360 Collins Street, Melbourne, VIC 3000, Australia

Founded 2009

Broker Type

NDD

Time Zone GMT+2

Credit Profile No information

Trading Platforms

MT4

Mac, Windows, iOS, Android

MT5

Mac, Windows, iOS, Android, Webtrader

Contact

No Data

Others

Website Language

Chinese(Simplified), English, French, German, Indonesian, Italian, Korean, Portuguese, Spanish, Thai

Customer Service By

Phone, Email, Live Chat, Facebook, Twitter, Instagram, LinkedIn, Youtube

Supported Language

Chinese(Simplified), English, French, German, Italian, Korean, Spanish, Thai, Vietnamese

Related Complaints

Q&A Complaints

does eightcap accept us clients

Cristina Al Qudah

Qatar

2023-09-13

ANSWER The US market is not accessible for Eightcap.Eightcap operates under the supervision of regulators that are not recognized by the US authorities, and doesn't have a license from the US Commodity Futures Trading Commission (CFTC) or the National Futures Association (NFA). Therefore, the platform cannot accept clients who reside in the US or have a US citizenship, or they would violate the US regulations.If you are looking for a broker that is authorized to operate in the US market, you can use our platform and select the "NFA" option in the "Broker" section, filtering the brokers that have a license from the NFA, which is one of the US regulators for online trading.

is eightcap legit

Zhavis Soteriou

Sierra Leone

2023-09-19

ANSWER Yes, Eightcap is a legitimate broker. It is regulated by three regulatory bodies, including the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA), and the Securities Commission of the Bahamas (SCB). The company was founded in 2009.According to customer reviews on BrokersView, Eightcap has an excellent rating of 7.5 out of 10, with many users praising its tight spreads, excellent customer service, and easy withdrawal and deposit process.The minimum deposit is $100 USD, and the maximum leverage is 1:500. The broker supports multiple base currencies and account types, including Islamic accounts.However, it is always important to do your own research and consider your individual trading needs when choosing a broker. You can refer to our EightCap page for more details.

Overall Score

7.9

83 Reviews

Cost 8.1

Platforms 7.8

Deposit & Withdrawal 6.5

Customer Support 7.6

Indicates the average level of Brokers

Keywords for selection

Low Spreads Powerful Tools Good/Professional Customer Support Reliable & Reputable Trading Conditions Fast Execution Fast Deposit/Withdrawal No Withdrawal Restrictions

83 Reviews Clear filter

Sort by

David Park

1-3 years Bahamas

Very fast to open the account and much more confirmation to ensure and validate the account details. Very friendly and loyalty.

2024-04-19

carol

1-3 years Brazil

Eightcap provides one of the most competitive spreads I have ever seen. For one of their accounts, they have a commission of $35 per standard lot, and the spreads of EUR/USD is 0 pips. In addition, they also provide excellent customer support.

2024-04-15

Zinda O

0-6 months Comoros

In the past six months, I have made sustained profits in EightCap on its MT5 platform. Successful transactions and quality support. No complaints from me

2024-04-12

Darko Cakardic

Over 3 years Egypt

Over the years, Eightcap has made considerable progress, and for me, it has become a stronger option. I still only trade fx pairs and indices with them. I have made considerable profits in trading indices. Now I need to continue on MT5.

2024-04-10

Abdullah Alkhathlan

0-6 months Cambodia

I am currently testing several different brokers to compare the spreads and execution speeds of different products. I am trading silver and gold in EightCap. In the past 5 months, I have no problems with Eightcap. It has a good technology stack and I have gained healthy profits.

2024-04-08

Ahmed

7-12 months Latvia

There are many reasons to trading with Eightcap. Regulted by ASIC. Offering good services and excellent support. And there are many instruments I can trade. I opened Raw account with them and no complains with the prices and spreads so far. Very trusted broker.

2024-04-07

1-3 years Albania

Been using Eightcap for 3 years now and can not say a bad thing. Great on customer support. Great spreads for spreadbetting. Just an overall great broker that's meets all the criteria.

2024-03-29

Bedro

1-3 years United Arab Emirates

I have been trading with Eightcap on its MT4 platform for the last two years, but finally changed to use MT5 for some different and new tools. The customer support is also very helpful for my setup. Recently I have found some smart positions on EUR/USD. There is no problem.

2024-03-22

Justin Taylor

Over 3 years Denmark

So far, their processing capabilities are very good. I encountered some troubles at first when I used MT4 and then I wanted to use MT5 instead. They helped me to resolve this problem within a week.

2024-03-20

Liz

1-3 years Egypt

I found the broker on a fx comparison site and registered a demo account in just a few minutes. The registration is so speedy. and everything is fine so far.

2024-03-15

1-10 of 83 comments

Rate and Review

Forexia

2022-12-30

I have used this platform to trade for about 2 years. I have no complaints, and I am very satisfied with the bank transfer because I am used to depositing money directly into the bank. Moreover, in Eightcap, the customer service team is available only needing to make a call. They always keep in touch with you.

Khairul Abdi

2022-12-01

coconino ahmad

2022-09-05

danny

2022-12-07

With its easy-to-use interface and platform with guides and instructions, you can easily master various functions. I really like this broker.

nek

2023-06-23

When I wanted to change my trading account, I was well taken care of. They discussed the whole process with me and answered all my questions. I really like their weekly news because it contains great market updates and forecasts.

Uygar Saral

2023-01-17

Having trading with another Australian broker, I switched to EightCap. In my opinion, EightCap can provide customers with real care. The staff will explain to you all the market dynamics and how they happen, which is very helpful to me.

EightCap

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