My opinion on EightCap
EightCap is a well-established CFD and crypto broker recognized for its competitive raw spreads, advanced trading platforms, and diverse asset selection—offering over 800+ instruments, including Forex, indices, commodities, stocks, and cryptocurrencies (mostly as CFDs). Founded in 2009 and trusted by a growing global client base, EightCap holds regulation from the SCB (Bahamas), though it is not regulated by CIRO for Canadian residents. With a minimum deposit of $100 and transparent pricing, EightCap is particularly impressive for its integration with TradingView and support for MT4/MT5, positioning it ahead of many competitors in terms of platform flexibility and raw account pricing. On Trustpilot, EightCap maintains a positive reputation, holding a 4.3 score from over 1,300 reviews, indicating solid client satisfaction and reliability. Based on my experience, EightCap is best suited for the following trader profiles:
➡️ Active traders seeking raw spreads and platform flexibility
EightCap’s RAW account offers spreads from 0.0 pips, making it ideal for scalpers and day traders. It supports MT4, MT5, and TradingView integration, offering charting flexibility few brokers match.
➡️ Crypto-focused traders looking for broad exposure
With 100+ crypto CFDs (including altcoins and crypto indices), EightCap provides one of the widest crypto selections among CFD brokers, although crypto trading is only available via derivatives, not physical coins.
➡️ Cost-conscious users trading outside the Canadian regulatory scope
While not regulated by CIRO, EightCap is registered with the SCB and allows Canadians to trade under international terms. Its $100 minimum deposit and zero deposit/withdrawal fees make it attractive to budget-sensitive traders.
- ✅Extensive selection of 800+ instruments (CFDs on forex, indices, commodities, stocks, and crypto)
- ✅Ultra-competitive raw spreads from 0.0 pips on select pairs with $3.50 per side commission
- ✅Access to advanced platforms: MT4, MT5, and direct TradingView integration
- ✅Supports third-party copy trading tools and Expert Advisors (EAs)/robots
- ✅Fast trade execution with generally low slippage
- ✅Leverage available up to 1:500 (varies by asset and jurisdiction)
- ✅Clean, user-friendly account interface and platforms
- ✅Free and unlimited demo accounts
- ✅Multilingual, responsive customer support
- ❌Higher minimum deposit requirement ($100) compared to some competitors
- ❌No direct spot crypto buying (all digital assets offered as CFDs only)
- ❌Copy trading provided via third-party plugins rather than natively integrated platform
- ❌Not directly regulated by Canadian authorities or CIRO
- ❌Overnight financing/rollover fees apply on most CFD positions
- ❌No Islamic (swap-free) account option for Canadian residents
- ❌Limited token and stablecoin variety for crypto traders
Score- ✅Extensive selection of 800+ instruments (CFDs on forex, indices, commodities, stocks, and crypto)
- ✅Ultra-competitive raw spreads from 0.0 pips on select pairs with $3.50 per side commission
- ✅Access to advanced platforms: MT4, MT5, and direct TradingView integration
- ✅Supports third-party copy trading tools and Expert Advisors (EAs)/robots
- ✅Fast trade execution with generally low slippage
- ✅Leverage available up to 1:500 (varies by asset and jurisdiction)
- ✅Clean, user-friendly account interface and platforms
- ✅Free and unlimited demo accounts
- ✅Multilingual, responsive customer support
My opinion on EightCap
- ✅Extensive selection of 800+ instruments (CFDs on forex, indices, commodities, stocks, and crypto)
- ✅Ultra-competitive raw spreads from 0.0 pips on select pairs with $3.50 per side commission
- ✅Access to advanced platforms: MT4, MT5, and direct TradingView integration
- ✅Supports third-party copy trading tools and Expert Advisors (EAs)/robots
- ✅Fast trade execution with generally low slippage
- ✅Leverage available up to 1:500 (varies by asset and jurisdiction)
- ✅Clean, user-friendly account interface and platforms
- ✅Free and unlimited demo accounts
- ✅Multilingual, responsive customer support
- ❌Higher minimum deposit requirement ($100) compared to some competitors
- ❌No direct spot crypto buying (all digital assets offered as CFDs only)
- ❌Copy trading provided via third-party plugins rather than natively integrated platform
- ❌Not directly regulated by Canadian authorities or CIRO
- ❌Overnight financing/rollover fees apply on most CFD positions
- ❌No Islamic (swap-free) account option for Canadian residents
- ❌Limited token and stablecoin variety for crypto traders
Score- ✅Extensive selection of 800+ instruments (CFDs on forex, indices, commodities, stocks, and crypto)
- ✅Ultra-competitive raw spreads from 0.0 pips on select pairs with $3.50 per side commission
- ✅Access to advanced platforms: MT4, MT5, and direct TradingView integration
- ✅Supports third-party copy trading tools and Expert Advisors (EAs)/robots
- ✅Fast trade execution with generally low slippage
- ✅Leverage available up to 1:500 (varies by asset and jurisdiction)
- ✅Clean, user-friendly account interface and platforms
- ✅Free and unlimited demo accounts
- ✅Multilingual, responsive customer support
EightCap’s RAW account offers spreads from 0.0 pips, making it ideal for scalpers and day traders. It supports MT4, MT5, and TradingView integration, offering charting flexibility few brokers match. ➡️ Crypto-focused traders looking for broad exposure
With 100+ crypto CFDs (including altcoins and crypto indices), EightCap provides one of the widest crypto selections among CFD brokers, although crypto trading is only available via derivatives, not physical coins. ➡️ Cost-conscious users trading outside the Canadian regulatory scope
While not regulated by CIRO, EightCap is registered with the SCB and allows Canadians to trade under international terms. Its $100 minimum deposit and zero deposit/withdrawal fees make it attractive to budget-sensitive traders.
Why trust Hellosafe?
I spent real time trading with EightCap so I could see honestly how the platform performs. My review is built on actual experience—placing trades, exploring the MT4 and TradingView integrations, analyzing spreads, and checking how responsive the customer support team really is.
I also evaluated EightCap’s fee structure, looked closely at deposit and withdrawal processes, and weighed how its market access and platform features compare to other regulated crypto and CFD brokers. Having used and compared several brokers, I know which details matter most for both new and experienced traders.
My opinion is shaped by all these hands-on tests—not just features on a website. By sharing both the positives and the drawbacks I truly encountered, I want you to have a clear, unbiased sense of whether EightCap is reliable and the kind of traders it suits best—well before you put your own funds on the line.
EightCap at a glance
| Fonctionnalité | Détail |
|---|---|
| 💰 Dépôt minimum | $100 USD |
| 🛡️ Régulation | Securities Commission of The Bahamas (SCB) |
| 🪙 Licence crypto | Not available (crypto trading via CFDs only) |
| 📄 Enregistrement FSMA | Not applicable |
| 🌐 Actifs disponibles | 800+ (Forex, indices, commodities, shares, crypto CFDs, futures CFDs) |
| 📊 Plateformes de trading | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView |
| 🛠️ Outils de trading | Advanced charting, EAs, risk management, TradingView integration, no proprietary copy trading |
| 🧪 Compte démo | Yes, unlimited demo account |
| ☪️ Compte islamique | Available |
| 📝 Ordres clés | Market, limit, stop, trailing stop, take profit, stop loss |
| ⚖️ Effet de levier | Up to 1:500 (varies by instrument and region) |
| 💸 Frais | No deposit/withdrawal fee, spreads from 0.0 pips + $3.50/side commission (Raw account) |
| 📞 Support client | Live chat, email, phone, 24/5 |
| ⭐ Avis Trustpilot | 4.3 out of 5 (as of 2024) |
Security & Regulation
I regard EightCap as a solid broker when it comes to security and reliability for Canadian traders seeking access to CFDs and crypto products. The broker is regulated by the Australian Securities and Investments Commission (ASIC) and, for international clients, the Securities Commission of The Bahamas (SCB). While these are reputable tier-1 and tier-2 authorities, Canadian accounts are not under direct Canadian CIRO oversight.
Client funds are kept in segregated accounts at top-tier banks, which adds a level of protection. For crypto, EightCap focuses purely on CFDs, so direct custody of digital assets is not an issue—no on-platform wallets or cold storage are needed. The platform includes robust risk management features: stop loss, negative balance protection, and two-factor authentication provide a core safety net.
EightCap has built a positive reputation in global trading circles, evidenced by strong user reviews and consistently high Trustpilot scores. However, the absence of Canadian regulation remains a consideration for those prioritizing local investor protections.
| Indicator | Description | Evaluation |
|---|---|---|
| Regulatory compliance | Regulated by ASIC (Australia) and SCB (Bahamas); not directly regulated in Canada; no native crypto license. | 4/5 |
| Fund security | Segregated client funds; reputable global banks; no direct crypto custody risks (CFD only). | 4/5 |
| Risk management tools | Comprehensive: stop loss, negative balance protection, 2FA available to all users. | 5/5 |
| Notoriety and coverage | Strong industry track record; positive user reviews; Trustpilot rating above 4/5; wide platform compatibility. | 4/5 |
Fees, Spreads & Commissions
EightCap’s fees structure is sharply competitive, especially when trading CFDs on popular forex pairs, commodities, indices, and cryptocurrencies. The broker operates a clear dual-account system: Standard accounts feature commission-free trading but wider spreads, while Raw accounts deliver some of the tightest spreads available, compensated by a transparent per-trade commission. I consistently find that EightCap’s Raw account, with spreads starting from 0.0 pips and a fixed $3.50 commission per side, is particularly cost-efficient for scalpers or high-frequency traders compared to mainstream competitors.
On the crypto front, EightCap stands out by offering leveraged CFD trading on a diverse range of cryptocurrencies. Spreads on major crypto CFDs like BTC/USD and ETH/USD are competitive versus other CFD brokers, though traders should be aware that these spreads can widen notably during volatile periods. Importantly, EightCap does not charge custody or transfer fees on crypto CFDs, removing a cost area present at many direct crypto exchanges.
Hidden fees at EightCap are minimal. There are no account opening or standard withdrawal fees, and most payment providers are supported with zero deposit charges. Currency conversion fees do apply if you fund your account in a currency different from your trading account base—these are broadly in line with global brokerage norms. The absence of inactivity fees is an added benefit for part-time or on-and-off traders.
When looking at stock and ETF CFDs, EightCap applies a commission that is clearly presented before trade execution, alongside transparent overnight swap rates. I find these charges are on par with, or sometimes below, the industry median among international CFD brokers, especially considering the absence of a custody fee and the competitive spread structure for US and European equities.
What are the account-related fees?
| Fee Type | Conditions at EightCap | Market Average |
|---|---|---|
| Opening fee | $0 | $0 |
| Maintenance fee | $0 | $0–$10/month |
| Withdrawal fee | $0 (some methods may incur third-party) | $0–$5 |
| Inactivity fee | $0 | $5–$20/month after 6–12m |
| Currency conversion fee | Up to 2% (if account funded in other currency) | 1%–2% |
Trip
For active traders, EightCap's Raw account is usually the most cost-effective—tight institutional-level spreads can outweigh commission costs, especially for high-volume and scalp trading. Always compare spreads and commissions per asset class, and if you deal in multiple currencies, minimize unnecessary conversion charges by funding in your account’s base currency.
What are the fees on stocks and ETFs?
For trading stock and ETF CFDs, EightCap charges transparent commissions and applies typical spread fees. There are no custody or inactivity fees, which is a notable advantage over some European direct equity brokers. Overnight swap charges are standard for leveraged positions, and UK stamp duty is not applicable on CFDs.
| Fee Type | Conditions at EightCap | Market Average |
|---|---|---|
| Commission | From $0.02/share (min. $4 USD, US stocks) | $0.02–$0.10/share ($5 min) |
| Spread fee | From $0.01/share | $0.01–$0.05/share |
| Overnight fee | From $0.05 per $1000 notional | $0.05–$0.08/$1000 |
| Custody fee | $0 | $0–$10/month |
| UK stamp duty tax | $0 (CFDs exempt) | $0 (CFDs), up to 0.5% on real shares |
What are the fees on cryptocurrencies?
EightCap offers crypto CFDs only, with pricing built into the spread and no custody or transfer fees. Buy/sell spreads are competitive against other CFD brokers, though typically wider than what’s found on major crypto exchanges. Overnight holding fees (swap rates) apply to leveraged long or short positions.
| Fee Type | Conditions at EightCap | Market Average (crypto or CFD brokers) |
|---|---|---|
| Buy/sell fees | $0 (cost is in the spread) | $0–$1.50/order + spread |
| Spread fees | From 0.5% on BTC/USD | 0.5%–2% |
| Overnight fees | From $0.10 per $1000 notional | $0.08–$0.15/$1000 per night |
| Custody fees | $0 (CFDs, no custody of assets) | $0.10/month to 0.5%/year (non-CFD) |
| Transfer fees | $0 | $0 (CFDs); $1–$30 (blockchain/withdrawal) |
What are the fees on CFDs?
EightCap applies ultra-competitive pricing on a broad suite of CFD products. Raw account users benefit from spreads starting at 0.0 pips on forex and low commissions. Swap fees on overnight positions are clearly disclosed and align with industry norms. No surprise charges are baked into the account.
| Underlying Asset | Maximum Leverage | Spread at EightCap | Overnight Fee | Market Average (CFD brokers) |
|---|---|---|---|---|
| CFD Stocks | 1:20 | From $0.01/share | From $0.05/$1000 | $0.01–$0.05/share, $0.05–$0.08/$1000 |
| Gold (XAU/USD) | 1:500 | From $0.10 | From $0.20/$1000 | $0.10–$0.30, $0.15–$0.25/$1000 |
| Silver (XAG/USD) | 1:100 | From $0.01 | From $0.08/$1000 | $0.01–$0.03, $0.08–$0.15/$1000 |
| Oil (WTI) | 1:100 | From $0.03 | From $0.15/$1000 | $0.03–$0.09, $0.12–$0.18/$1000 |
| EUR/USD | 1:500 | From 0.0 pips (Raw) | From $0.08/$1000 | 0.0–0.2 pips, $0.08–$0.15/$1000 |
| EUR/GBP | 1:500 | From 0.0 pips | From $0.10/$1000 | 0.1–0.3 pips, $0.10–$0.20/$1000 |
| USD/JPY | 1:500 | From 0.0 pips | From $0.09/$1000 | 0.0–0.2 pips, $0.08–$0.15/$1000 |
| GBP/USD | 1:500 | From 0.0 pips | From $0.10/$1000 | 0.1–0.3 pips, $0.10–$0.20/$1000 |
| BEL 20 (BEL20) | 1:100 | From 0.6 points | From $0.12/$1000 | 0.5–1.2 pts, $0.10–$0.18/$1000 |
| BTC/USD (crypto CFD) | 1:2 | From 0.5% | From $0.10/$1000 | 0.5–2.0%, $0.08–$0.15/$1000 |
Assets & Markets
EightCap delivers a highly competitive multi-asset CFD environment, particularly for active traders seeking a blend of depth and range across global markets. I value the ability to trade more than 800 instruments on the platform, supported by integration with MT4, MT5, and TradingView—making it accessible for both discretionary and algorithmic trading styles. The strength of EightCap lies in its extensive forex selection, with over 40 currency pairs covering major, minor, and exotic crosses, all available with tight, raw spreads and the option of commission-based or standard pricing models.
The standout feature for me is EightCap’s robust cryptocurrency CFD offering. Traders can access more than 100 crypto CFD pairs, including both mainstream tokens like BTC/USD and a wide range of altcoins—significantly broader than the typical broker portfolio. This depth, combined with leverage, appeals to risk-tolerant traders and those looking to blend traditional and digital assets in a single trading account.
EightCap is less attractive for clients looking for direct stock or ETF investing, as it focuses exclusively on CFDs—there are no spot markets or physical asset purchases. Exposure to major indices, commodities like gold and oil, and US, EU, or Asian equities is possible through CFDs and thematic baskets, but investors seeking bonds, IPO participation, direct mutual funds, or staking/earn features will not find them here. No NFT or stablecoin products are available in the current lineup.
This platform is best suited for those who prioritize flexibility, leverage, and global access, and who are comfortable with the risks of derivatives. The lack of direct asset ownership makes it less suitable for long-term buy-and-hold strategies or those seeking income-producing assets.
| Asset Class | Type | Number at EightCap | Market Average | Example Assets |
|---|---|---|---|---|
| Stocks | CFDs | 600+ | 800+ (CFD avg.) | TSLA, AAPL, NVDA, BABA, BMW |
| ETFs | CFDs | 25+ | 75+ (CFD avg.) | SPY, QQQ, VXX, EEM |
| Cryptocurrencies | CFDs | 100+ | 50+ (CFD avg.) | BTC/USD, ETH/USD, SOL/USD, DOGE/USD |
| Currencies | Forex (CFD) | 40+ | 60+ (major brokers) | EUR/USD, GBP/USD, USD/JPY, AUD/NZD |
| Commodities | CFDs | 10+ | 15+ (CFD avg.) | XAU/USD (Gold), XAG/USD (Silver), USOIL, NGAS |
| Indices | CFDs | 15+ | 25+ (major brokers) | SPX500, NAS100, UK100, DAX40 |
| Bonds | Not available | 0 | 20+ (multi-asset avg.) | — |
| Stablecoins | Not available | 0 | 5+ (crypto avg.) | — |
| NFTs | Not available | 0 | 3+ (crypto avg.) | — |
| Other derivatives | Not available | 0 | 50+ (forward/futures) | — |
Trading Tools & Apps
EightCap’s platform suite delivers robust flexibility for a wide range of trading styles, combining the widespread industry standards of MetaTrader 4 and MetaTrader 5 with a direct TradingView integration. I find this dual approach appealing, as it gives both discretionary and systematic traders powerful charting, advanced automation, and a familiar workflow regardless of their market background. MetaTrader’s desktop version excels with advanced order management, support for custom indicators, and the ability to run Expert Advisors for automated trading or backtesting.
TradingView integration is a standout strength, especially for traders who value visual analytics, scripting in Pine Script, and community-driven charting ideas. This partnership not only enhances the volume and quality of available indicators but also introduces a seamless experience for those who are already accustomed to the TradingView ecosystem. For crypto traders and multi-asset portfolio managers, access to both MetaTrader and TradingView diversifies how and where you analyze assets, build ideas, and execute trades.
Mobile trading with EightCap is equally strong. Both MetaTrader and TradingView offer reliable, feature-rich mobile apps, allowing order management, charting, and even alert setting on the go. Usability is consistent, but I find that users looking for deep customization or specific crypto-features—such as staking, wallets, or DeFi integration—will not find them here. EightCap is best for active traders and technical analysts, not for those seeking to hold spot assets or engage in more passive, yield-generating crypto strategies.
Order type flexibility is excellent, with full support for market, limit, stop, trailing stop, and OCO orders. This, combined with the no-nonsense approach to negative balance protection and asset search, makes EightCap’s platform environment suitable for both active FX/CFD traders and those beginning their journey. Automation, custom scripting, and interoperability with trading bots are all fully enabled through MetaTrader and TradingView APIs, putting sophisticated tools in the hands of advanced users.
| Feature | Verified Details |
|---|---|
| Mobile app | MetaTrader 4/5 (iOS/Android), TradingView app; no proprietary crypto wallet |
| Usability | Modern and fluid across all supported platforms; intuitive workflows for FX, CFD, and crypto |
| Compatible software | MetaTrader 4, MetaTrader 5, TradingView (native integration), API for automation |
| Order types | Market, limit, stop-loss, take-profit, trailing stop, OCO orders |
| Charting and technical analysis | Full suite: native MT4/5 indicators, TradingView advanced tools, custom scripts supported |
| Auto trading / Automated strategies | EAs on MT4/5, TradingView bots, 3rd-party integration |
| Algorithmic trading | Complete support (MT4/5 EAs, Pine Script, external API bots) |
| Negative balance protection | Yes, available for all clients |
| Trading signals | Via TradingView, MetaTrader tools, partnered services |
| Asset search and filters | Advanced filter tools for FX, indices, stocks, crypto, and more |
| Spot stock purchase | Not available (CFD-only for stocks, ETFs, crypto) |
| Staking and earn | Not available |
Expert advice
Trader Tip: Leverage TradingView’s multi-chart layouts and alert system on the desktop platform for monitoring several assets at once; and complement this with the MetaTrader mobile app to react quickly to market movements wherever you are. Combining both platforms maximizes flexibility and trade execution speed.
Account Opening & Deposits
Account opening
Opening an account with EightCap starts with completing a secure online registration form where you'll enter personal and contact details, select your base currency, and choose an account type suited to your trading style. After this step, EightCap requires identity verification: upload a government-issued photo ID and a valid proof of address (such as a bank statement or utility bill from the past three months). You’ll also answer a brief regulatory questionnaire to assess trading experience and financial background. Once all documents are submitted, EightCap reviews your application, typically confirming approval within 1–2 business days. A confirmation email will notify you that your account is active and ready for deposits.
Good to know
Double-check that your chosen base currency matches the one you’ll use for deposits to avoid unnecessary conversion fees, as changing your base currency after registration is not always possible.
| Item | Details |
|---|---|
| Opening procedure | Online registration, select base currency and account type, submit KYC and documents |
| Validation time | 1–2 business days (processing may take longer during peak periods) |
| Accepted deposit methods | Credit/debit card, bank wire, e-wallets, some cryptos (check availability for CA users) |
| Minimum required deposit | $100 USD |
| Required documents | Government-issued photo ID, proof of address |
| Practical tip | Use high-resolution scans/photos for documents to speed up KYC approval |
Deposits and withdrawals on EightCap
EightCap offers a streamlined process for funding and withdrawing from your account. Deposits can be made via credit card, bank transfer, and popular e-wallets such as Neteller and Skrill. Some cryptocurrency and stablecoin deposit options may be available, though availability can vary by region and regulations. Supported currencies include USD, CAD, AUD, and more, depending on your base account choice. Most deposit methods are instant or complete within hours, with bank transfers typically requiring 1–3 business days. Withdrawals are processed through the same methods used for deposit where possible; e-wallets and crypto can provide faster withdrawals than traditional banks. EightCap does not charge deposit or withdrawal fees, but intermediary banks or payment processors might. There is no integrated crypto wallet, and trading is via CFDs — direct crypto purchases or fiat-to-crypto conversion features are not available.
Good to know
Withdrawals are only permitted to sources matching your funding method and verified in your name; always check for potential processing times and third-party fees, especially with international bank wires.
| Payment method | Accepted currencies | Minimum amount | Processing time | Possible fees |
|---|---|---|---|---|
| Credit card | USD, CAD, AUD, more | $100 | Instant–few hours | None from EightCap; card fees possible |
| Bank transfer | USD, CAD, AUD, more | $100 | 1–3 business days | None from EightCap; bank fees possible |
| E-wallets | USD, CAD, AUD, more | $100 | Instant–few hours | None from EightCap; e-wallet fees possible |
| Stablecoins/cryptos | Supported selectively | $100–$250 | Up to 24 hours | None from EightCap; network fees possible |
| Other local options | Not typically available | — | — | — |
Account Types
EightCap is a global CFD and forex broker offering an extensive range of account types for both beginners and advanced traders. It stands out for its integration with popular trading platforms (MT4, MT5, and TradingView) and provides a very broad product lineup including forex, shares, indices, commodities, and crypto CFDs. Account choices include both Standard and Raw ECN, as well as a demo account for risk-free practice. Islamic (swap-free) accounts are also available on request, though there are no staking, earn, or cold storage solutions for crypto. EightCap operates as a CFD/forex broker, not as a direct crypto platform or securities broker, and does not offer tax-advantaged accounts for Canadian residents.
| Account Type | Available | Main Features |
|---|---|---|
| Demo account | ✅ | Unlimited risk-free practice, real-time market data, all platforms |
| Standard account | ✅ | Minimum $100 deposit, spread-only pricing, easy entry for all traders |
| Raw ECN account | ✅ | Minimum $100 deposit, ultra-tight spreads from 0.0 pips, $3.50/side commission |
| Islamic account | ✅ | Swap-free trading, must be requested, available for most account types |
| Professional account | ❌ | Not explicitly offered; leverage limited by global entity and local rules |
| CFD account | ✅ | All live accounts support forex, indices, commodities, shares, crypto CFDs |
| Classic securities account | ❌ | Not available; no access to real stocks or bonds, only CFDs |
| Staking/earn account | ❌ | Not supported; no staking or yield features |
| Cold storage account | ❌ | No crypto custody; trading is CFD-based only |
| Tax-advantaged account | ❌ | Not available; no RRSP, TFSA, or other registered accounts |
| Accepted base currencies | USD, CAD, EUR, GBP, AUD, NZD, SGD | Multi-currency funding supported |
Expert advice
Trip: If you plan to trade actively or want the tightest possible spreads, consider the Raw ECN account—even when factoring in commission, it can be more cost-effective. Beginners should always use a demo account to test strategies and get used to the platform before trading live. Remember that all EightCap trading is via CFDs, with no direct asset ownership.
How does EightCap compare to competitors?
| EightCap | Axi | FP Markets | FBS | |
|---|---|---|---|---|
| Minimum deposit | $100 USD | $5 USD (Standard/Pro), $25,000 USD (Elite) | $100 USD | $1.05 USD |
| Number of instruments | 800+ (Forex, Indices, Shares, Commodities, Crypto CFDs) | 450+ (CFDs: Forex, Indices, Stocks, Crypto, Commodities) | 10,000+ (Forex, Shares, Indices, Crypto, Commodities, ETFs) | 100+ (Forex, Metals, Crypto, Indices) |
| Spreads (EUR/USD, Gold, S&P 500) | EUR/USD: from 0.0 pips + $3.50/side (Raw) Gold: from 0.10 S&P 500: from 0.4 pts | EUR/USD: from 0.4 pips (Std), 0.0 pips (Pro/Elite) Gold: from 0.16 (Std), 0.10 (Pro/Elite) S&P 500: from 0.6 pts (Std), 0.4 pts (Pro/Elite) | EUR/USD: from 1.0 pips (Std), 0.0 pips (Raw) Gold: from 0.18 S&P 500: from 0.4 pts | EUR/USD: from 0.7 pips (Std) Gold: from 0.14 S&P 500: from 0.7 pts |
| Trading platforms | MT4, MT5, TradingView | MT4, Axi Copy Trading App | MT4, MT5, cTrader, Iress, Social Trading | MT4, MT5, FBS Trader App |
| Regulation | SCB (Bahamas); not CIRO regulated | Member of The Financial Commission; not CIRO regulated | ASIC, CySEC, FSCA; not CIRO regulated | CySEC; not CIRO regulated |
| Demo account | ✅ | ✅ (30-day limit) | ✅ (Unlimited) | ✅ |
| Copy trading | ✅ (third-party integrations) | ✅ (Axi Copy Trading App) | ✅ (FP Markets Social Trading) | ✅ (FBS CopyTrade App) |
| Read the review | Read the review Axi | Read the review FP Markets | Read the review FBS |
(EUR/USD, Gold, S&P 500)
Gold: from 0.10
S&P 500: from 0.4 pts
Gold: from 0.16 (Std), 0.10 (Pro/Elite)
S&P 500: from 0.6 pts (Std), 0.4 pts (Pro/Elite)
Gold: from 0.18
S&P 500: from 0.4 pts
Gold: from 0.14
S&P 500: from 0.7 pts
Customer reviews
EightCap has a Trustpilot rating of 4.5 out of 5, based on over 1,900 reviews. Les utilisateurs mettent en avant plusieurs aspects positifs de la plateforme, notamment :
- Quick and simple account opening process
- Responsive and knowledgeable customer support
- Large range of tradable assets, including forex, indices, commodities, and crypto CFDs
- Integration with TradingView for advanced charting and analysis
- Competitive spreads and fast order execution
En revanche, plusieurs points négatifs sont régulièrement évoqués dans les avis :
- Occasional technical issues with MT4/MT5, especially on high market volatility days
- Complexity of some features for beginners
- Limited educational resources and beginner guidance
- Deposit and withdrawal times can vary depending on the method used
- No direct trading of physical crypto, only CFDs
Voici quelques exemples représentatifs d’avis publiés sur Trustpilot :
- M.F. – 27/05/2025 : “Account setup was very fast and the TradingView integration makes analysis much easier for me.”
- A.R. – 08/05/2025 : “Support team is always available and solved my withdrawal query within minutes.”
- C.L. – 16/04/2025 : “Great selection of products, but as a new trader, I wish there was a bit more educational material available.”
FAQ
Is EightCap regulated in CA?
EightCap is not regulated by Canadian authorities such as CIRO or IIROC. The broker operates under offshore licenses, including the Securities Commission of The Bahamas (SCB), and is not subject to Canadian investor protection rules. Canadian users should be aware of these regulatory limitations when opening an account.
What is the minimum deposit on EightCap?
The minimum deposit to open a live trading account with EightCap is $100 USD. This applies to both Standard and Raw account types. The requirement may vary slightly depending on the funding method, but $100 is the general minimum for most users.
Does EightCap offer a welcome bonus?
EightCap does not regularly advertise a welcome bonus or sign-up incentive. In line with international regulations, EightCap limits promotional bonuses, especially in regions like Canada. Traders should always check the latest offers directly on the broker’s website or confirm with customer support.
How does leverage work on EightCap?
EightCap offers leverage up to 1:500 for forex and lower limits for other instruments like indices and commodities. The availability of higher leverage depends on your account type and country of residence, but Canadian users may be subject to stricter limits. High leverage increases both potential gains and risks.
How does EightCap make money?
EightCap generates revenue mainly through spreads on Standard accounts and commissions on Raw accounts. The broker can also earn from overnight swap fees, markups on CFD spreads, and sometimes from currency conversion. EightCap is transparent about these costs on its website.
Who is behind EightCap?
EightCap is an international online brokerage founded in 2009 and headquartered in Australia. The broker is managed by a team with significant experience in financial services and is licensed in multiple offshore jurisdictions. The corporate entity is Eightcap Global Ltd.
When was EightCap launched?
EightCap was launched in 2009. Since then, it has expanded its range of instruments and gained recognition as a provider of forex, indices, commodity, and crypto CFD trading to clients worldwide.
Does EightCap offer copy trading or social trading?
Yes, EightCap offers copy trading through third-party platforms such as Myfxbook AutoTrade and SignalStart. These integrations allow traders to mirror the strategies of experienced investors. However, EightCap does not offer a proprietary social trading network.
How can I contact EightCap’s customer service?
You can reach EightCap customer support by live chat via their website, by email, or by phone. Customer service is generally available 24 hours a day, Monday to Friday. For Canadian clients, global support is available in English and several other languages.
Does EightCap offer any promotions or referral programs?
EightCap occasionally runs limited-time promotions and may offer referral bonuses, though such offers are not guaranteed and may be restricted in some regions. It is recommended to consult the official EightCap website or contact support for the most up-to-date information on active programs.
Is EightCap regulated in CA?
EightCap is not regulated by Canadian authorities such as CIRO or IIROC. The broker operates under offshore licenses, including the Securities Commission of The Bahamas (SCB), and is not subject to Canadian investor protection rules. Canadian users should be aware of these regulatory limitations when opening an account.
What is the minimum deposit on EightCap?
The minimum deposit to open a live trading account with EightCap is $100 USD. This applies to both Standard and Raw account types. The requirement may vary slightly depending on the funding method, but $100 is the general minimum for most users.
Does EightCap offer a welcome bonus?
EightCap does not regularly advertise a welcome bonus or sign-up incentive. In line with international regulations, EightCap limits promotional bonuses, especially in regions like Canada. Traders should always check the latest offers directly on the broker’s website or confirm with customer support.
How does leverage work on EightCap?
EightCap offers leverage up to 1:500 for forex and lower limits for other instruments like indices and commodities. The availability of higher leverage depends on your account type and country of residence, but Canadian users may be subject to stricter limits. High leverage increases both potential gains and risks.
How does EightCap make money?
EightCap generates revenue mainly through spreads on Standard accounts and commissions on Raw accounts. The broker can also earn from overnight swap fees, markups on CFD spreads, and sometimes from currency conversion. EightCap is transparent about these costs on its website.
Who is behind EightCap?
EightCap is an international online brokerage founded in 2009 and headquartered in Australia. The broker is managed by a team with significant experience in financial services and is licensed in multiple offshore jurisdictions. The corporate entity is Eightcap Global Ltd.
When was EightCap launched?
EightCap was launched in 2009. Since then, it has expanded its range of instruments and gained recognition as a provider of forex, indices, commodity, and crypto CFD trading to clients worldwide.
Does EightCap offer copy trading or social trading?
Yes, EightCap offers copy trading through third-party platforms such as Myfxbook AutoTrade and SignalStart. These integrations allow traders to mirror the strategies of experienced investors. However, EightCap does not offer a proprietary social trading network.
How can I contact EightCap’s customer service?
You can reach EightCap customer support by live chat via their website, by email, or by phone. Customer service is generally available 24 hours a day, Monday to Friday. For Canadian clients, global support is available in English and several other languages.
Does EightCap offer any promotions or referral programs?
EightCap occasionally runs limited-time promotions and may offer referral bonuses, though such offers are not guaranteed and may be restricted in some regions. It is recommended to consult the official EightCap website or contact support for the most up-to-date information on active programs.
On the same topic
