Eightcap offers CFDs on 850+ markets through TradingView, MetaTrader 4, MetaTrader 5 and TradeLocker, with a Raw account that starts from 0.0 pips. Clients outside the regulated regions contract with Eightcap Global Limited in The Bahamas, which carries no statutory compensation scheme.
Spreads from
1 pips
Commission
$3.5 per lot per side
Min deposit
$100
Established
2015
Regulated by
ASIC · FCA · CySEC · SCB (Bahamas) · FSA Seychelles · FSC Mauritius
Written byLaverlane Team·Updated31 Oct 2026
Researched with AI assistance and verified by our editors
Regulation
Eightcap has regulated entities in several regions, but clients outside them contract with Eightcap Global Limited in The Bahamas.
Eightcap Pty Ltd is regulated by ASIC (AFSL 391441), the UK entity Eightcap Group Ltd by the FCA (FRN 921296) and the EU entity by CySEC (246/14). Eightcap Global Limited is regulated by the Securities Commission of The Bahamas under SIA-F220, and the Seychelles and Mauritius entities hold FSA Seychelles (SD100) and FSC Mauritius (GB25204603) authorisations.
The entity that holds your account depends on your country of residence, and products and terms can differ between entities. The protections of the UK, EU and Australian entities apply only to their own clients.
Key facts
The broker offers 800+ CFD markets on four platforms with a $100 minimum deposit.
Client-facing entity
Eightcap Global Limited (The Bahamas) for most clients outside Australia, the UK and the EU
Regulators
ASIC, FCA, CySEC, SCB (Bahamas), FSA Seychelles, FSC Mauritius
Negative-balance protection
jurisdiction-only
Minimum deposit
$100
Max leverage (offshore entity)
Forex Majors, Minors and Gold 1:500
Max leverage (offshore entity)
Oil 1:500
Max leverage (offshore entity)
Indices 1:200
Max leverage (offshore entity)
Silver 1:100
Max leverage (offshore entity)
Crypto 1:20
Max leverage (offshore entity)
Shares 1:5
Typical EUR/USD spread
1 pips
Platforms
MT4, MT5, TradingView, TradeLocker
Account currencies
USD, EUR, GBP, AUD, CAD, NZD, SGD
The broker says it was founded in Melbourne, Australia, in 2015, and lists offices in 8 locations and clients in 140+ countries. The Standard and Raw accounts share a $100 minimum deposit and the same markets.
Platforms are TradingView, MetaTrader 4, MetaTrader 5 and TradeLocker.
Best for
Pros & cons
Fund safety
Clients of Eightcap Global Limited have no statutory compensation scheme.
Eightcap doesn't list a compensation scheme for its Bahamas entity, so you could be an unsecured creditor if the company became insolvent. UK clients of the FCA-regulated entity fall under the FSCS and EU clients of the CySEC-regulated entity under the ICF, which apply only to those entities.
Australian wholesale clients lose retail negative balance protection, and Eightcap says it may offer some protections case by case.
Account terms
The broker charges an inactivity fee after 12 months without trading.
The FAQ says an inactivity fee of 10 units of account currency per month may apply if you haven't traded for 12 months. Scalping and hedging are permitted, though hedging for ASIC-regulated clients is limited to wholesale clients.
The broker doesn't offer guaranteed stop-loss orders. Its Client Agreement and risk disclosures are published on the legal documents page.
Costs
The Standard account is commission-free, while the Raw account charges commission.
Standard account spreads start from 1.0 pips with no commission on most instruments. Raw account spreads start from 0.0 pips with $3.50 commission per lot per side in AUD, USD, NZD, SGD and CAD, £2.25 in GBP and €2.75 in EUR.
Minimum spreads on Raw are 0.0 pips on EUR/USD and 0.1 on GBP/USD and USD/JPY, and 1.2 on gold. These are minimums, not averages. Eightcap charges no internal deposit or withdrawal fees.
| Instrument | Asset class | Typical spread | Unit |
|---|---|---|---|
| EUR/USD | Forex CFD | 1 | pips |
| GBP/USD | Forex CFD | 1.2 | pips |
| USD/JPY | Forex CFD | 1.2 | pips |
| US 100 (Nasdaq) | Index CFD | 1.5 | points |
| US 500 (S&P 500) | Index CFD | 0.5 | points |
| XAU/USD (Gold) | Commodity CFD | 1.8 | $ / oz |
| US Crude Oil | Commodity CFD | 3 | $ / bbl |
| BTC/USD | Crypto CFD | 25 | $ |
Spreads shown are typical, not guaranteed, and widen during volatile sessions or outside main market hours. Figures reflect the broker's standard retail account.
Markets
You can trade CFDs on forex, crypto, shares, commodities and indices.
Forex CFD
58 pairs
Index CFD
21 indices
Commodity CFD
Metals, energies, softs
Single-Stock CFD
595 shares
Crypto CFD
Available ✓ · Weekend trading ✓
Real ownership: Stocks / ETFs
N/A for this broker, CFDs only
Eightcap lists 850+ CFD markets. Its cost table counts 832 across five asset classes: 58 forex pairs, 595 shares, 133 crypto assets, 25 commodities and 21 indices.
Index CFDs cover US, UK, European and Australian benchmarks, and commodities cover gold, silver and oil. These are CFDs, so you don't own the underlying asset.
Platforms
Trading runs on TradingView, MetaTrader 4, MetaTrader 5 and TradeLocker.
TradingView lists 15+ chart types and 100,000+ indicators, MetaTrader 4 lists 30+ built-in indicators and MetaTrader 5 lists 80+ indicators and 21 timeframes. TradeLocker adds 100+ indicators and TradingView integration.
The platforms run on Windows, macOS, iOS, Android and web browsers, and MetaTrader supports automated strategies.
Execution
Pricing comes from a range of liquidity providers.
Eightcap says pricing comes from several liquidity providers and cites execution speeds of about 48 ms, based on a third-party analysis.
The site shows no execution statistics, and guaranteed stop-loss orders aren't offered, so stops can fill at a worse price in fast markets.
Leverage
Leverage for Eightcap Global Limited clients reaches 1:500 on forex and gold.
The instrument pages list up to 1:500 on forex majors, gold and oil, 1:200 on indices, 1:100 on silver, 1:20 on crypto and 1:5 on shares.
A margin call is at 80% and stop out at 50%, when positions are closed starting with the largest loser. High leverage can wipe out your balance quickly.
Account types
The Standard and Raw accounts differ by pricing, not by markets.
| Account | Min deposit | Commission | Swap | Spread | Demo | Islamic |
|---|---|---|---|---|---|---|
| Standard | $100 | Spread-only | Variable overnight financing | From 1 pips · Variable | Yes | No |
| Raw | $100 | $3.5 per lot per side | Variable overnight financing | From 0 pips · Variable | Yes | No |
Both accounts need a $100 minimum deposit, offer 0.01 to 100 lots per trade, and give access to the same markets and platforms.
Standard has no commission on most instruments, and Raw has spreads from 0.0 pips plus commission. Eightcap doesn't currently offer Islamic swap-free accounts.
Funding
You can fund your account with cards, bank wire, e-wallets and crypto, with no internal fees.
Deposit options include Visa, Mastercard, PayPal, Skrill, Neteller, bank wire and crypto, plus regional methods such as Interac, PIX, UnionPay and Thai QR.
Withdrawals are reviewed within 1–2 business days, and most methods then take 1–5 business days.
Support
Support is multilingual and available 24/5.
Eightcap says its support team is available 24/5 by live chat and email. Support covers English, Spanish, French, German, Italian, Chinese, Vietnamese, Thai, Bulgarian and Portuguese.
The FAQ and the Knowledge Hub cover accounts, payments and trading.
Availability
Eightcap serves more than 140 countries, with entities that differ by residence.
Eightcap says it has clients in 140+ countries, and your entity depends on where you live. The website says it isn't intended for distribution where that would be unlawful.
Check your entity in your application documents and your local rules before you deposit.
Verdict
Eightcap offers a broad platform choice, with TradingView, MetaTrader 4, MetaTrader 5 and TradeLocker, plus a Raw account with spreads from 0.0 pips. The drawback is the structure for clients outside the UK, EU and Australia: they contract with Eightcap Global Limited in The Bahamas, which has no statutory compensation scheme. Add leverage of up to 1:500, an inactivity fee and no guaranteed stops, and it suits experienced traders who accept offshore terms better than anyone who wants regulator-backed protection.
Eightcap may suit you if you want to trade from TradingView or MetaTrader charts, use the Raw account on a $100 deposit and accept an offshore contracting entity. It's less suitable if you need a compensation scheme, guaranteed stop-loss orders or weekend support.
Experienced traders who use TradingView or MetaTrader, understand leverage of up to 1:500 and want commission-based raw pricing. Anyone who needs regulator-backed protection should use a UK, EU or Australian entity or another broker.
FAQ
The group's entities are regulated in several places: Eightcap Pty Ltd by ASIC (AFSL 391441), the UK entity by the FCA (FRN 921296) and the EU entity by CySEC (246/14). The Bahamas entity is regulated by the Securities Commission of The Bahamas (SIA-F220), and the Seychelles and Mauritius entities hold local authorisations. The entity that holds your account depends on your country of residence.
Eightcap says it was founded in Melbourne, Australia, in 2015. The Bahamas entity is registered at 201 Church Street, Sandyport, Nassau, Bahamas, and the EU entity is registered in Limassol, Cyprus.
You can trade from TradingView charts once you have an account. Create and verify it, fund it, then link your platform from the client portal. TradingView lists 15+ chart types and 100,000+ indicators on Eightcap’s platforms page.
The minimum deposit is $100 on both the Standard and Raw accounts. You can register and verify an account without depositing, but you need the minimum before you can trade. Base currencies are AUD, CAD, EUR, GBP, NZD, SGD and USD.
In your client portal, go to Accounts, select Manage on the trading account and choose Change Leverage. The settings available depend on your account and instrument. Eightcap doesn't change leverage around events, and says leverage and margin requirements can vary by entity, account and instrument.
Alternatives
Octa offers swap-free forex and CFD trading on OctaTrader, MetaTrader 4 and MetaTrader 5, with no trading commission and a $25 minimum deposit. Accounts on octabroker.com are with Versustrategy Inc, registered in Saint Lucia, and the legal documents page lists no financial regulator.
JustMarkets offers leverage of up to 1:3000, swap-free trading and MT4, MT5 and its own app, but international clients contract with an offshore Seychelles entity without a statutory compensation scheme.
FXCM offers forex and CFD trading on Trading Station, MetaTrader 4 (MT4) and TradingView. Accounts on the international website are with Stratos Global LLC, an offshore entity in St Vincent and the Grenadines that sits outside the group’s regulated companies.
ThinkMarkets offers ThinkTrader, TradingView, MT4 and MT5 with 4,000+ instruments and leverage of up to 1:500 on Standard and ThinkZero accounts. International clients contract with a Seychelles-licensed entity.
IronFX operates as a retail CFD broker providing high leverage up to 1:1000 on MetaTrader 4, but international clients contract through an offshore entity without statutory compensation protection.
CFI Financial offers MT5, TradingView and its own app with no minimum deposit and leverage of up to 1:500. International clients trade with CFI International Ltd, licensed in Mauritius.
EC Markets offers MT4, MT5 and its own app with a $10 minimum deposit on STD and ECN accounts and leverage of up to 1:1000. International clients trade with the Mauritius-licensed entity.
FBS offers accessible trading conditions with low entry deposits, but international clients contract with an offshore entity without statutory compensation protection.
General CFD risk warning
CFDs are complex leveraged products and carry a high risk of rapid losses. They do not give you ownership of the underlying asset. Depending on your jurisdiction, broker entity and client classification, protections such as leverage limits and negative-balance protection may differ or may not apply. Where negative-balance protection is not provided, losses may exceed the funds you deposit. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
Disclaimer
This page is provided for general information only. Nothing on this page constitutes investment, tax or trading advice, or a recommendation to open an account or trade with a particular broker. Laverlane does not provide personalised investment advice. We are not a broker or financial institution, we do not arrange or execute trades, and we do not hold client funds.
Broker availability, spreads, fees, leverage, products and legal protections, including compensation schemes and negative-balance protection, vary by the broker’s legal entity, your country of residence and your client classification, and may change over time. Where a broker is required to publish its retail CFD loss rate, that figure is shown on its review page. Spreads shown are typical figures as at our verification date; they are not guaranteed and may widen, particularly during volatile market conditions.
Laverlane Scores reflect the information available at our most recent review. They are editorial assessments, not guarantees of a broker’s financial strength, reliability or future performance. Where we report a regulator warning or enforcement notice, it reflects the official public information available at the time of our review.
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Always verify the broker’s current terms, regulatory status, product availability and eligibility directly with the broker before opening an account or depositing funds.