This Eightcap review evaluates the broker’s regulatory background, trading platforms, asset offerings, and client protections. Headquartered in Australia, Eightcap provides tight-spread CFD trading via MT4 and MT5, offering both retail and institutional-grade trading conditions. With competitive pricing and multiple liquidity sources, Eightcap is well-suited for forex, crypto, and equity CFD traders.

Regulation and Safety

Eightcap is a fully licensed multi-jurisdictional broker regulated by:

• Australian Securities and Investments Commission (ASIC) – AFSL 391441
• Cyprus Securities and Exchange Commission (CySEC) – License No. 246/14
• Bahamas Securities Commission (SCB) – License No. SIA-F220

All client funds are held in segregated accounts at Tier-1 banks, and retail clients under ASIC and CySEC enjoy:

• Negative balance protection
• Compliance with MiFID II or AFSL obligations
• Two-factor authentication and secure data protocols

Execution Model and Trading Platforms

Eightcap uses an STP/ECN hybrid model with aggregated liquidity from top-tier banks and non-bank providers. The broker offers:

• MetaTrader 4 (MT4): For forex, indices, commodities, and crypto
• MetaTrader 5 (MT5): For expanded asset access including shares
• Capitalise.ai: Code-free automation platform for strategy building

Execution speed averages under 30ms. FIX API access is available for institutional clients. VPS hosting is offered via third-party partners.

Markets and Instruments

Eightcap provides access to over 800 CFD instruments, including:

• Forex – 40+ pairs (majors, minors, exotics)
• Indices – AUS200, NAS100, US500, GER30, UK100
• Commodities – Gold, Silver, Oil, Natural Gas
• Stocks – US, UK, and EU equity CFDs
• Cryptocurrencies – 250+ pairs including BTC, ETH, XRP, DOGE

Crypto CFDs are available 24/7 under SCB regulation. MT5 supports all asset classes, including equities and crypto baskets.

Accounts, Spreads and Leverage

Eightcap offers two main account types across all platforms:

• Standard Account: No commission, spreads from 1.0 pips
• Raw Account: Spreads from 0.0 pips, $3.50 per lot per side

Additional details include:

• Minimum deposit: $100
• Maximum leverage: Up to 1:30 (ASIC/CySEC), 1:500 (SCB)
• Stop-out level: 50%
• Islamic accounts: Available on request

Funding and Base Currencies

Eightcap supports fast funding across multiple channels:

• Credit/debit cards, bank transfer
• eWallets – Skrill, Neteller, PayPal, Crypto (via third party)
• Base currencies: USD, AUD, EUR, GBP, CAD, NZD, SGD

Deposits are instant for most methods. Withdrawals are processed within 1–2 business days. No internal deposit or withdrawal fees apply.

Client Protections and Features

Clients under ASIC and CySEC benefit from:

• Negative balance protection
• Segregated accounts at NAB or similar Tier-1 banks
• Two-step verification and encrypted account portals
• Regular compliance reporting and risk disclosures

Clients under SCB (Bahamas) receive higher leverage but fewer protections.

Institutional and Retail Offering

Eightcap serves both retail and institutional segments with tailored services:

• Retail: MT4/MT5 access, leverage up to 1:500, crypto trading
• Professional: Access to raw pricing, higher leverage, and reduced margin requirements
• Institutional: FIX API, white-label partnerships, and liquidity aggregation

Advanced traders also benefit from EA support, scalping, and hedging permissions.

Pros and Cons

Pros

• Regulated by ASIC, CySEC, and SCB
• 250+ crypto CFDs available 24/7
• MetaTrader 4, 5 and Capitalise.ai support
• FIX API and institutional access options
• Competitive spreads and low commissions

Cons

• No FSCS-style compensation scheme
• Cryptos and high leverage limited to SCB clients
• No proprietary trading platform
• No social trading or copy trading features

Frequently Asked Questions

Is Eightcap regulated?

Yes, Eightcap is regulated by ASIC (Australia), CySEC (Cyprus), and the SCB (Bahamas).

What is the minimum deposit at Eightcap?

The minimum deposit to open an account is $100.

Does Eightcap offer cryptocurrency trading?

Yes, Eightcap offers 250+ crypto CFDs available for 24/7 trading under SCB regulation.

What platforms can I use at Eightcap?

Clients can use MetaTrader 4, MetaTrader 5, and Capitalise.ai for automated, code-free strategies.

Is FIX API available with Eightcap?

Yes, FIX API access is available for institutional and high-volume clients upon request.