Eightcap Review 2026
Eightcap is a Melbourne based CFD broker regulated by the FCA, ASIC, and CySEC, though ASIC named it in a 2023 order to repay clients over a leverage error.
Min Deposit
$100
Spreads From
0.0 pips
Max Leverage
1:30
Platforms
4
Pros
- Regulated by six real authorities: FCA, ASIC, CySEC, SCB Bahamas, Seychelles FSA, Mauritius FSC
- Real MetaTrader 4, MetaTrader 5, and TradingView access, not a closed app
- Raw account spreads can fall to 0.0 pips for traders who pay commission
- Negative balance protection and segregated funds on regulated entities
- Picked up industry awards, including TradingView's 2025 Most Reliable Tech award
Cons
- Named by ASIC in a 2023 order to repay clients after a leverage breach
- Trustpilot reviewers often report slow, document heavy withdrawals
- No FMA license, so New Zealand residents cannot open an account
- Standard account spreads start from a mediocre 1.0 pip
- Independent reviewers rate its mobile app weaker than its desktop options
Eightcap started in 2009 in Melbourne, Australia. Eightcap Pty Ltd holds a real ASIC license, and related firms hold licenses from the FCA, CySEC, Seychelles FSA, and Mauritius FSC. A Bahamas entity serves high leverage clients. In 2023, ASIC named Eightcap as one of seven brokers ordered to repay clients after a leverage limit breach.
Eightcap only offers CFDs on forex, indices, shares, and crypto, so you never own the real asset. You trade through MetaTrader 4, MetaTrader 5, or TradingView, not a closed app. The Standard account has no commission but spreads start from 1.0 pip. The Raw account adds a 3.50 dollar fee per lot for spreads down to 0.0 pips. Minimum deposit is 100 dollars.
On Trustpilot, Eightcap scores near 4.1 out of 5 from close to 3,800 reviews, yet about 12 percent leave only 1 star. A frequent complaint is a slow withdrawal with repeated identity document requests. New Zealand residents cannot open an account, since no group entity holds an FMA license.
Min. Deposit
USD 100
Max Leverage
1:30 for retail clients (up to 1:500 for professional, Bahamas, Seychelles, or Mauritius entity clients)
Spreads From
0.0 pips (Raw account, plus $3.50 per lot commission)
Platforms
Eightcap is an ASIC-regulated Australian broker founded in 2009 and also regulated by the FCA in the UK and SCB in the Bahamas. The broker has grown rapidly to become one of Australia's most respected forex and CFD providers, winning numerous industry awards for trading conditions and customer service.
With access to 800+ instruments across forex, shares, indices, commodities, and cryptocurrencies, Eightcap offers a comprehensive product range. The broker is one of the few to offer native TradingView integration, allowing traders to execute directly from TradingView charts — a feature highly valued by technically-focused traders.
Eightcap's Raw account offers spreads from 0.0 pips with commissions from $7/lot, while the Standard account provides commission-free trading with spreads from 1.0 pips. The broker's proprietary Capitalise.ai integration also enables automated trading via natural language rules, without any coding required.
Standard
Raw
40+ currency pairs available for trading
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
Regulators
Platforms
- ASIC (Australia)
- FCA (UK)
- SCB (Bahamas)
- VFSC (Vanuatu)
Last verified: July 1, 2026
