Overview
In 2009, the company was first established in Melbourne, Australia. Its aim was to provide accessible and transparent trading services. Within that time, it grew into a globally recognized broker, facilitating forex and CFD trading to its customers, both retail and institutional.
- Founded
- 2009
Strengths and watchouts
- Regarded broker with good reputation
- Wide range of instruments available
- Low Spreads for Forex
- Good Platform selection
- Professional Research
Watchouts are not yet documented for this broker. Review fees, regulation and account terms before opening an account.
Safety and regulation
Eightcap is regulated by Australia's ASIC, Bahamas Securities Commission (SCB), and Vanuatu Financial Services Commission (VFSC), ensuring it meets global financial practices. Traders' property is held up in separate accounts with top-level banks for maximum securitization. It provides negative balance protection to stop traders from moving with money more than what they hold.
- FCA
- ASIC
- CySEC
- SCB
Between 70% and 85% of retail investor accounts lose money when trading CFDs with most regulated providers — the exact figure for any specific broker is published on that broker's own website. Consider whether you understand how these instruments work and whether you can afford the high risk of losing your money.
Markets available
- Forex
- Commodities
- Indices
- Crypto
- US Stocks
- Global Stocks
Account types
| Account | Min deposit | Commission | Leverage |
|---|---|---|---|
| Raw | $0 | 0.0 | 1:1 to 1:500 |
| Standard | $0 | 1.0 | 1:1 to 1:500 |
| TradingView | $0 | 1.0 | 1:1 to 1:500 |
Fees and costs
Against this background, Standard Account holders will be charged beginning from 1.0 pips on each round trip, while Raw Accounts can tout their services as costing as little as 0.0 pips. Commissions make up $3.50 per lot per side. During the night, traders with open spot transactions either collect or pay overnight swap charges, which are described transparently. Islamic accounts do not incur swap fees for overnight positions. It will cost something in the case of inactivity on accounts, controlling such behavior and allowing active trading.
How we reviewed this broker
Each broker review documents the broker's claimed regulators, cross-references them against the public registers (FCA, CySEC, ASIC, FSCA, BCC and others), and notes any divergence. Where a regulator has issued a public advisory, the URL is cited inline so a reader can verify it directly. Tradable instruments, account types, and fees are sourced from the broker's published disclosures or documented as unavailable. The full scoring methodology is public.
Read the full methodology →Frequently asked questions
Is the broker regulated? By whom?
Which trading platforms can be used?
What is the minimum deposit amount required in opening an account?
How many different types of accounts are available with the broker?
What fees or commissions, if any, are charged?
Highest leverage available
Demo
How to Contact Customer Support
Reader reviews
Moh Rouda
Feb 9, 2025
I reached out to the live chat for assistance and was pleasantly surprised by the swift response. Daniel M. was the representative who helped me, and I was genuinely impressed to be interacting with an actual person. It was a really positive experience!
Callum Hackett
Feb 9, 2025
The spreads on indices were disappointingly high, and almost immediately after registering, I began receiving numerous scam calls on the phone number I provided during sign-up. This can't just be a coincidence. I'll be reaching out via email to request the deletion of all my personal data and to close my account as soon as possible. This experience is far from what I expected as a potential client looking to invest significant funds with your brokerage.
Vitou
Feb 9, 2025
The service provided was excellent.
Showing 1–3 of 10 reviews