Eightcap
Forex and CFD Broker· Founded 2009 .Melbourne, Australia
Reviewed 2026-09-05
TraderZone Verdict
Eightcap is a multi-regulated CFD and Forex broker designed for cost-conscious traders who want access to MetaTrader, TradingView, and TradeLocker without relying on a proprietary platform. It provides more than 800 CFD markets, including around 55 Forex pairs and roughly 100 cryptocurrency CFDs, making crypto one of its strongest differentiators.
Strengths
Multi-regulated across ASIC, FCA, and CySEC
Competitive trading costs, including a $100 minimum deposit and no withdrawal fees
Platform flexibility across MT4, MT5, TradingView, and TradeLocker
Deep cryptocurrency CFD selection (approximately 100 coins)
Strong support for algorithmic and Expert Advisor trading
Limitations
- No proprietary trading platform
- Limited in-house research and educational resources
- No cTrader support
- Inactivity fee can apply after prolonged dormancy
Platforms & Technology
Eightcap offers an unusually broad mix of third-party platforms for a Forex-focused broker, including MetaTrader 4, MetaTrader 5, TradingView, and TradeLocker. The main limitation is the absence of a proprietary trading platform, giving Eightcap less control over the end-to-end user experience than platform-building competitors.
Platforms
- MT4
- MT5
- TradingView
- TradeLocker
Availability
- Desktop Windows
- Desktop Mac
- Web
- Android
- Ios
Features
- Expert Advisors
- Algorithmic trading
- Pine Script support through TradingView
- AI-assisted strategy tools through TradeLocker
- VPS services
Category Scores
Broker Overview
Eightcap is an Australian-founded, multi-regulated CFD and Forex broker offering access to MetaTrader, TradingView, and TradeLocker platforms. It provides more than 800 CFD markets spanning Forex, commodities, indices, share CFDs, and a particularly deep cryptocurrency CFD selection.
Markets
Available Regions
Regulation & Safety
Eightcap has a strong multi-jurisdiction regulatory profile, with regulated entities in Australia (ASIC), the United Kingdom (FCA), and Cyprus (CySEC), plus an offshore entity regulated by the Securities Commission of the Bahamas (SCB). The legal entity attached to a trading account determines leverage limits and investor protections, so clients should confirm their specific entity before opening an account.
Trading Costs
Trading costs are one of Eightcap's strongest areas, with the Standard account offering spread-based pricing around 1.0 pip on EUR/USD and the Raw account combining tighter spreads with a commission of about $3.50 per side. Both accounts require a $100 minimum deposit, and while there are no withdrawal fees, an inactivity fee can apply after prolonged dormancy.
Minimum Deposit: $100
Commission Model: Standard account: spread-based pricing (~1.0 pip EUR/USD); Raw account: tighter spreads plus ~$3.50 per side commission (~$7 per round-turn lot)
Overnight Fee: Applies to positions held past rollover; rates vary by instrument
Inactivity Fee: Applies after a prolonged period without account activity
Asset Coverage
Eightcap provides more than 800 CFD markets, including about 55 Forex pairs, indices, commodities, share CFDs, and a particularly deep cryptocurrency CFD selection of roughly 100 coins. The broker does not offer direct share dealing, listed futures, or options, and crypto CFDs are not available to U.K. retail clients.
800+ CFD markets
- Forex
- Commodities
- Indices
- Stocks
- Etfs
- Cryptocurrencies
- Bonds
- Options
- Futures
Trading Conditions
Eightcap provides flexible trading conditions for both standard and active traders, with the Standard account offering commission-free spread pricing and the Raw account designed for tighter spreads with a per-side commission. Leverage depends heavily on the regulatory entity, and the broker does not provide an Islamic swap-free account.
Tools & Resources
Eightcap's research toolkit includes an Acuity-powered economic calendar, NLP-based trading signals, client-sentiment features, and daily market commentary, supplemented by TradingView's charting and screening tools. The broker lacks research integrations like Autochartist, Trading Central, or TipRanks, and its educational resources remain limited.
Customer Support
Eightcap provides multilingual support across its international operations through live chat, phone, and email, backed by platform documentation and online help resources. Customer support is adequate for mainstream retail traders but is not the broker's primary differentiator.
Account Opening
- 1Registration
- 2Identity verification
- 3Document submission
- 4Account approval
- 5Funding
User Experience
Eightcap provides a flexible trading experience for users already comfortable with third-party platforms, with TradingView offering polished chart-based execution and MT4/MT5 delivering a familiar workflow for Forex and EA traders. The absence of a proprietary all-in-one platform means beginners may need more platform knowledge than at brokers with an integrated ecosystem.
Trader Compatibility
Best For
Not Recommended For
Final Review
Eightcap is a strong specialist broker for traders who want competitive pricing, modern third-party platforms, and a particularly deep cryptocurrency CFD selection, backed by a multi-regulated footprint spanning ASIC, FCA, and CySEC. It is best suited to Forex, Gold, scalping, algorithmic, and crypto CFD traders who prioritize pricing and platform flexibility over a proprietary all-in-one ecosystem or broad access to shares, futures, and options.