EightCap Review 2023 | Information about EightCap Forex Broker

Account Type

8.6

Very Good

Features

Trading Platforms

MT4, MT5

Min Deposit

100.0 USD

Max Leverage 1 : 500

Min Trade Volume

0.01 Lots

Margin Call Level 80%

Stop Out Level 50%

Commission

0 USD

Spread Type Variable Spread

Account Currencies

CAD, NZD, SGD, ‎AUD, GBP, EUR, USD

Trading Instruments

Cryptocurrencies, Stocks/Equities, Indices, Commodities, Forex/Currencies

Hedging

Scalping

NBP

Islamic

Deposit and Withdrawal

7.0

Good

Features

Company and Service

8.5

Very Good

Features

Profile

Headquarters Address

Level 6, 360 Collins Street, Melbourne, VIC 3000, Australia

Founded 2009

Broker Type

NDD

Time Zone GMT+2

Credit Profile No information

Trading Platforms

MT4

Mac, Windows, iOS, Android

MT5

Mac, Windows, iOS, Android, Webtrader

Contact

No Data

Others

Website Language

Chinese(Simplified), English, French, German, Indonesian, Italian, Korean, Portuguese, Spanish, Thai

Customer Service By

Phone, Email, Live Chat, Facebook, Twitter, Instagram, LinkedIn, Youtube

Supported Language

Chinese(Simplified), English, French, German, Italian, Korean, Spanish, Thai, Vietnamese

Broker News

ASIC: Retail OTC Derivatives Investors Compensated Over A$17.4m by Eight Financial Issuers 2023-11-09

Eight CFD issuers compensated 2000 retail customers for more than A$17.4 million due to breaching leverage restrictions or incorrect customer classification.

Ranking List of Complaints Satisfaction in October Newly Released 2023-11-02

A broker's attitude toward clients is a key aspect while selecting a platform. BrokersView publishes the October list of brokers by complaints satisfaction to help traders make an informed decision.

Oct 23-27, 2023 Q&A Weekly Review - What's Asked This Week? 2023-10-27

Stay ahead in the game of trading with BrokersView's "Q&A Weekly Review" from Oct 23-27, 2023! Subscribe now to get the latest regulatory status and trading details of brokers.

Related Complaints

Q&A Complaints

is eightcap available in usa

Mohd Nazif Rajendera

Senegal

2023-10-26

ANSWER EightCap is not available in the United States. If you are located in the United States, you would need to choose a different broker. This is due to regulatory restrictions and compliance with local laws. Forex brokers that accept US clients should be regulated by the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA), and EightCap is not among them.If you are seeking a forex broker allowed to accept US customers, you can filter NFA-regulated brokers on our platform.

is eightcap legit

Zhavis Soteriou

Sierra Leone

2023-09-19

ANSWER Yes, Eightcap is a legitimate broker. It is regulated by three regulatory bodies, including the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA), and the Securities Commission of the Bahamas (SCB). The company was founded in 2009.According to customer reviews on BrokersView, Eightcap has an excellent rating of 7.5 out of 10, with many users praising its tight spreads, excellent customer service, and easy withdrawal and deposit process.The minimum deposit is $100 USD, and the maximum leverage is 1:500. The broker supports multiple base currencies and account types, including Islamic accounts.However, it is always important to do your own research and consider your individual trading needs when choosing a broker. You can refer to our EightCap page for more details.

Overall Score

7.1

54 Reviews

Cost 6.8

Platforms 7.0

Deposit & Withdrawal 7.0

Customer Support 7.1

Indicates the average level of Brokers

Keywords for selection

Low Spreads Powerful Tools Good/Professional Customer Support Reliable & Reputable Trading Conditions Fast Execution Fast Deposit/Withdrawal No Withdrawal Restrictions

54 Reviews Clear filter

Sort by

Kamal el Batrawi

2023-06-25 0-6 months Raw Account

You can have access to raw spreads by trading with the ECN account provided by the broker.

Vietnam

nek

2023-06-23 7-12 months Raw Account

When I wanted to change my trading account, I was well taken care of. They discussed the whole process with me and answered all my questions. I really like their weekly news because it contains great market updates and forecasts.

Nauru

Dennis

2023-06-17 7-12 months Standard Account

So far, their processing capabilities are very good. I encountered some troubles at first when I used MT4 and then I wanted to use MT5 instead. They helped me to resolve this problem within a week.

Canada

Mohammad Aziz Uddin Chowdhury

2023-04-08 1-3 years Standard Account

I have been trading for two years. This is a reliable broker with excellent execution and without any problems for withdrawals.

Belize

danny

2022-12-07 1-3 years Standard Account

With its easy-to-use interface and platform with guides and instructions, you can easily master various functions. I really like this broker.

Chile

Khairul Abdi

2022-12-01 0-6 months Raw Account

I am currently testing several different brokers to compare the spreads and execution speeds of different products. I am trading silver and gold in EightCap. In the past 5 months, I have no problems with Eightcap. It has a good technology stack and I have gained healthy profits.

China

Bernhard Krebs

2022-11-27 0-6 months Standard Account

In the past six months, I have made sustained profits in EightCap on its MT5 platform. Successful transactions and quality support. No complaints from me

Nepal

Robert

2022-07-10 7-12 months Standard Account

I have been working with the EightCap team for 10 months now and enjoying my experience very much. At present, my work on gbp/usd has achieved certain success.

Italy

Rahul Tanuja

11 hours ago Over 3 years

Just switched to MT5 from 4 after 3 years on MT4. Issue with Eightcap currenlty is I can't access US shares but i'm told they'll be bringing them on shortly. Eightcap have improved a fair bit over the years and is now becoming a much stronger option for me. I'll still only trade fx pairs and indices with them. I've made strong profits on trading indices with them and now need to continue this on MT5.

Georgia

Akbar Hayat

2023-11-22 0-6 months

Joined these guys three weeks ago trading on MT5. Have been trading through MT4 for the last 2 years but eventually have made the move to MT5 to access some different instruments as well as some new tools. Can't reccomend the move more highly! As for 8cap, they've been helpful in getting me set up and no issues finding a few smart positions on EUR/USD recently. Will let you guys know more once I've spent some more time with these guys.

Bolivia

1-10 of 54 comments

Rate and Review

Forexia

2022-12-30

I have used this platform to trade for about 2 years. I have no complaints, and I am very satisfied with the bank transfer because I am used to depositing money directly into the bank. Moreover, in Eightcap, the customer service team is available only needing to make a call. They always keep in touch with you.

2022-12-01

coconino ahmad

2022-09-05

Over the years, Eightcap has made considerable progress, and for me, it has become a stronger option. I still only trade fx pairs and indices with them. I have made considerable profits in trading indices.Now I need to continue on MT5

2022-12-07

2023-06-23

Uygar Saral

2023-01-17

Having trading with another Australian broker, I switched to EightCap. In my opinion, EightCap can provide customers with real care. The staff will explain to you all the market dynamics and how they happen, which is very helpful to me.

EightCap

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