My opinion on EightCap
EightCap stands out in the Canadian trading landscape for its strong blend of asset variety, advanced trading features, and cost-effective pricing. With over 800 CFDs—including stocks, indices, commodities, forex, and crypto—EightCap outshines most competitors in product range. Spreads are highly competitive, especially on Raw accounts (from 0.0 pips + $3.50 commission per side), and fees remain transparent. Regulated by the SCB (offshore for Canadian residents), EightCap is a trusted broker established in 2009 and now serves tens of thousands of clients globally. The integration of TradingView—alongside MT4 and MT5—caters to serious technical traders, while fast, reliable execution adds performance. The broker enjoys a strong reputation with a Trustpilot score of 4.3/5 from over 1,200 reviews, reflecting positive client experiences. Relative to other global brokers, EightCap excels for Canadian traders seeking broad market access, robust tools, and solid execution, though its minimum deposit requirement is higher than some entry-level rivals.
According to my experience, EightCap is best suited to the following types of traders:
➡️ Beginners who are willing to meet the $100 minimum deposit and want access to a vast range of markets, plus a simple, reliable platform experience with the option for a free demo account.
➡️ Intermediate traders looking for tight spreads, diverse trading instruments, and the convenience of advanced charting through TradingView or MT4/MT5, supporting more sophisticated analysis and strategy deployment.
➡️ Advanced and active traders who value fast execution, support for trading automation (EAs, APIs), and comprehensive product access in one account—without sacrificing low commissions and professional-grade tools.
- ✅Access to 800+ CFD instruments, including major stocks, indices, commodities, forex, and crypto assets
- ✅Highly competitive raw spreads from 0.0 pips and low commissions
- ✅Integration with MetaTrader 4, MetaTrader 5, and TradingView
- ✅Free demo account with full platform functionality
- ✅Support for copy trading via third-party integrations and automation with EAs and APIs
- ✅Fast execution and generally low slippage
- ✅User-friendly platform interfaces suitable for different experience levels
- ✅Responsive multilingual customer support
- ❌Not regulated by Canadian authorities (uses SCB offshore regulation)
- ❌Minimum deposit of $100 USD may deter absolute beginners
- ❌Potential inactivity and overnight swap fees apply to CFD positions
- ❌No spot crypto or stablecoin buying—CFD trading only for crypto segment
- ❌No proprietary or native copy trading platform (relies on third-party integration)
- ❌Limited educational content for new traders
- ❌No Islamic account option
- ❌Geographic restrictions may apply to certain products or features
Score- ✅Access to 800+ CFD instruments, including major stocks, indices, commodities, forex, and crypto assets
- ✅Highly competitive raw spreads from 0.0 pips and low commissions
- ✅Integration with MetaTrader 4, MetaTrader 5, and TradingView
- ✅Free demo account with full platform functionality
- ✅Support for copy trading via third-party integrations and automation with EAs and APIs
- ✅Fast execution and generally low slippage
- ✅User-friendly platform interfaces suitable for different experience levels
- ✅Responsive multilingual customer support
My opinion on EightCap
- ✅Access to 800+ CFD instruments, including major stocks, indices, commodities, forex, and crypto assets
- ✅Highly competitive raw spreads from 0.0 pips and low commissions
- ✅Integration with MetaTrader 4, MetaTrader 5, and TradingView
- ✅Free demo account with full platform functionality
- ✅Support for copy trading via third-party integrations and automation with EAs and APIs
- ✅Fast execution and generally low slippage
- ✅User-friendly platform interfaces suitable for different experience levels
- ✅Responsive multilingual customer support
- ❌Not regulated by Canadian authorities (uses SCB offshore regulation)
- ❌Minimum deposit of $100 USD may deter absolute beginners
- ❌Potential inactivity and overnight swap fees apply to CFD positions
- ❌No spot crypto or stablecoin buying—CFD trading only for crypto segment
- ❌No proprietary or native copy trading platform (relies on third-party integration)
- ❌Limited educational content for new traders
- ❌No Islamic account option
- ❌Geographic restrictions may apply to certain products or features
Score- ✅Access to 800+ CFD instruments, including major stocks, indices, commodities, forex, and crypto assets
- ✅Highly competitive raw spreads from 0.0 pips and low commissions
- ✅Integration with MetaTrader 4, MetaTrader 5, and TradingView
- ✅Free demo account with full platform functionality
- ✅Support for copy trading via third-party integrations and automation with EAs and APIs
- ✅Fast execution and generally low slippage
- ✅User-friendly platform interfaces suitable for different experience levels
- ✅Responsive multilingual customer support
According to my experience, EightCap is best suited to the following types of traders: ➡️ Beginners who are willing to meet the $100 minimum deposit and want access to a vast range of markets, plus a simple, reliable platform experience with the option for a free demo account. ➡️ Intermediate traders looking for tight spreads, diverse trading instruments, and the convenience of advanced charting through TradingView or MT4/MT5, supporting more sophisticated analysis and strategy deployment. ➡️ Advanced and active traders who value fast execution, support for trading automation (EAs, APIs), and comprehensive product access in one account—without sacrificing low commissions and professional-grade tools.
Why trust Hellosafe?
I’ve personally opened, funded, and traded on EightCap to get an authentic view of what Canadian traders can expect. I checked how easy it is to use both MetaTrader (MT4/MT5) and the TradingView integration, assessed the range of more than 800 available markets, and compared real spreads and commissions on both raw and standard accounts.
During my review, I tested order execution, deposit and withdrawal speed, and put the customer support team to the test with real questions. I also compared EightCap's offer—its fees, platforms, and account flexibility—directly with other popular offshore brokers available to Canadians.
My feedback answers: Is EightCap reliable? Where does it outperform or lag behind other options? While it may not have Canadian regulation, its platform is powerful, feature-rich, and well-suited to traders who value plenty of choices and advanced charting. All my insights are based on hands-on use, so you get an honest, experience-based picture of how EightCap compares for CA traders.
EightCap at a glance
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| Fonctionnalité | Détail |
|---|---|
| 💰 Minimum deposit | $100 USD |
| 🛡️ Regulation | SCB (Securities Commission of The Bahamas); not regulated in Canada |
| 🪙 Crypto licence | Crypto CFDs offered; not a dedicated crypto exchange |
| 📝 FSMA registration | Not registered with FSMA (Belgium) |
| 📈 Assets available | 800+ instruments: forex, indices, commodities, shares, crypto CFDs, indices, ETFs, more |
| 📊 Trading platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView |
| 🛠️ Trading tools | Advanced charting, TradingView tools, technical indicators, automated trading (EAs/APIs) |
| 🧪 Demo account | Yes, free, unlimited duration |
| ☪️ Islamic account | Available on request (swap-free) |
| 📝 Key order types | Market, limit, stop loss, take profit, trailing stop, pending/conditional orders |
| ⚡ Leverage | Up to 1:500 for forex (varies by instrument and region) |
| 💸 Fees | Raw account: from 0.0 pips + $3.50/side commission; no deposit/withdrawal fees |
| 📞 Customer support | Live chat, email, phone; 24/5 service |
| ⭐ Trustpilot reviews | 4.3/5 from 1,000+ reviews (global) |
Security & Regulation
EightCap presents a solid but offshore-oriented option for Canadian traders seeking access to a very broad range of over 800 instruments, including CFDs on forex, stocks, cryptos, indices, and commodities. The integration with TradingView and support for both MT4 and MT5 make the platform attractive to technically focused traders. However, the absence of local (Canadian) regulation means client protection relies solely on its registration with the Securities Commission of The Bahamas (SCB), which is recognized but does not offer the same level of recourse or security as tier-1 authorities like ASIC, FCA, or CIRO.
Fund safeguarding practices are industry-standard, including segregated accounts for client funds in line with SCB rules. For crypto CFD trading, there is no physical crypto custody: crypto exposure is derivative only, so cold storage and proof-of-reserves do not apply. Risk management tools are strong—traders have access to stop loss, take profit, negative balance protection, and two-factor authentication; however, the legal safety net for Canadians remains weaker due to the lack of local oversight.
EightCap’s reputation is generally positive, with user reviews often highlighting fast execution, helpful support, and a stable platform environment; global Trustpilot ratings tend to be above industry average for offshore brokers, though users should remain aware of the limitations in regulatory protection.
| Indicator | Description | Evaluation |
|---|---|---|
| Regulatory compliance | Regulated by SCB (Bahamas); not regulated in Canada; no tier-1 protection for CA residents | 3/5 |
| Fund security | Segregated client funds for CFD/Forex; crypto is derivative-only, no cold storage/proof-of-reserves | 3.5/5 |
| Risk management tools | Stop loss, negative balance protection, take profit, 2FA supported | 4.5/5 |
| Notoriety and coverage | Positive Trustpilot reputation, strong user reviews, advanced platform access, but offshore status | 4/5 |
Fees, Spreads & Commissions
EightCap’s fee structure is designed to appeal to active traders seeking ultra-competitive spreads and access to an expansive array of markets. The raw account is particularly attractive, offering spreads from 0.0 pips on major FX pairs, with a fixed commission of $3.50 per side per standard lot. This commission level is in line with, or even slightly below, typical global standards for ECN-style pricing, giving scalpers and high-frequency traders a quantifiable cost advantage. The standard account, with spreads from 1.0 pips and no commission, is more suitable for lower-volume strategies, though not the tightest for swing or position traders.
In terms of asset coverage, EightCap excels with over 800 instruments—far above most direct competitors. Their equity, index, and commodity CFD costs are embedded in variable spreads. Stock CFD commissions are benchmarked against global multi-asset brokers, typically $0.02–$0.08 per share; overnight swap rates apply, as with all margin CFD products, and are transparently disclosed.
Crypto trading at EightCap is a genuine differentiator. The platform provides not only spot crypto CFDs but also a broad range of altcoins, all priced with market-based spreads and no direct buy/sell commission. Overnight financing applies to leveraged crypto trades, so holding positions long-term will add appreciable cost compared to spot exchanges. What stands out in EightCap’s model is the absence of transfer or custody fees, and all costs are made explicit pre-trade—a clear win for risk-conscious traders.
Hidden costs are minimal. There are no deposit or withdrawal fees for most funding methods, and inactivity fees are rare. The only area where costs can escalate is currency conversion for accounts funded in non-USD currencies—EightCap’s conversion spreads are competitive but may still impact frequent depositors or global traders.
What are the account-related fees?
| Fee Type | Conditions at EightCap | Market Average |
|---|---|---|
| Opening fee | $0 | $0 |
| Maintenance fee | $0 | $0–$25/year |
| Withdrawal fee | $0 (most methods) | $0–$10 (bank wires: $20–$35) |
| Inactivity fee | $0 (rare, check T&Cs for updates) | $0–$20/month |
| Currency conversion fee | 0.5%–1.0% (spread) | 0.5%–2% |
Expert advice: Tip
Trip: For high-frequency strategies or scalping, choose the Raw account and time trades during liquid market sessions to benefit from near-zero spreads.
If trading on a smaller scale, weigh the all-in costs of the Standard account to avoid commission buildup.
Always keep an eye on overnight financing, especially with leveraged crypto CFDs.
What are the fees on stocks and ETFs?
Stock and ETF CFDs at EightCap are commission-based, with no physical share ownership— meaning no custody or UK stamp duty applies. Spreads and overnight swap rates are variable; total trading costs are very competitive for active traders but less suited to long-term investors.
| Fee Type | Conditions at EightCap | Market Average |
|---|---|---|
| Commission | $0.02–$0.08 per share | $0.02–$0.10/share |
| Spread fee | Variable (from $0.03+ per share) | $0.02–$0.08/share |
| Overnight fee | Yes, varies by stock | Yes (variable) |
| Custody fee | $0 (CFDs only) | $0–$25/year |
| UK stamp duty tax | $0 (CFDs only) | $0–$0.5% (applies to real shares only) |
What are the fees on cryptocurrencies?
Crypto CFDs at EightCap are commission-free, with costs fully embedded in the spread. Spreads are variable, often starting from 0.3% for major cryptocurrencies and wider for smaller-cap coins. Overnight swap/financing fees apply if positions are leveraged and held beyond a day, but there’s no custody or blockchain transfer fee, streamlining costs for active crypto traders compared to typical exchanges.
| Fee Type | Conditions at EightCap | Market Average (crypto or CFD brokers) |
|---|---|---|
| Buy/sell fees | $0 (cost in spread) | 0%–0.5% (spot/trading fee) |
| Spread fees | 0.3%–1.5% (variable by coin) | 0.2%–2% |
| Overnight fees | Yes, per 24h on leveraged crypto CFDs | Yes |
| Custody fees | $0 (no crypto or wallet access needed) | $0 |
| Transfer fees | $0 (CFDs only, no crypto withdrawals) | $0–$10 |
What are the fees on CFDs?
EightCap’s CFD pricing is among the most competitive globally for both FX and non-FX products. Raw spreads plus commission can deliver near-institutional trading conditions, especially for active accounts, while all charges—including swaps and leverage limits—are fully transparent at the trade ticket level.
| Underlying Asset | Maximum Leverage | Spread at EightCap | Overnight Fee | Market Average (CFD brokers) |
|---|---|---|---|---|
| CFD Stocks | 20:1 | $0.02–$0.08/share + swap | Yes (varies, +swap) | $0.02–$0.10/share; yes |
| Gold (XAU/USD) | 500:1 | from $0.30 | Yes (+/- swap) | from $0.30; yes |
| Silver (XAG/USD) | 500:1 | from $0.03 | Yes (+/- swap) | from $0.03; yes |
| Oil (WTI) | 100:1 | from $0.04 | Yes (+/- swap) | from $0.04; yes |
| EUR/USD | 500:1 | from 0.0 pips (raw) | Yes (+/- swap) | from 0.0–1.2 pips; yes |
| EUR/GBP | 500:1 | from 0.1 pips (raw) | Yes (+/- swap) | from 0.1–1.8 pips; yes |
| USD/JPY | 500:1 | from 0.1 pips (raw) | Yes (+/- swap) | from 0.1–1.5 pips; yes |
| GBP/USD | 500:1 | from 0.1 pips (raw) | Yes (+/- swap) | from 0.1–1.5 pips; yes |
| BEL 20 (BEL20) | 100:1 | from $1.10 | Yes (+/- swap) | from $1.00; yes |
| BTC/USD (crypto CFD) | 50:1 | from 0.3% spread (variable) | Yes (+ overnight) | 0.2%–1.5%; yes |
Assets & Markets
EightCap is especially compelling for Canadian traders who prioritize access to a large and diverse array of instruments. With over 800 symbols available, I can implement multifaceted trading strategies that span global equities, indices, commodities, and an impressive selection of cryptocurrencies—all from a single account. The platform’s integration with MetaTrader 4 and 5, alongside TradingView, makes it ideal for traders who depend on high-quality charting and robust technical analysis.
Crypto traders are particularly well served by EightCap’s offering. Access to dozens of CFDs on digital assets, including many leading altcoins beyond Bitcoin and Ethereum, provides greater diversification potential than most mainstream brokers. The presence of both spot-inspired and CFD crypto instruments allows me to tailor my strategy depending on whether I prioritize short-term speculation or thematic portfolio building, although staking and direct spot ownership (with wallet withdrawal) are not currently available.
For traditional asset classes, EightCap supports a deep forex catalog with all major and minor pairs plus a respectable mix of exotics. Global stock CFDs and ETF CFDs cover not just major US and European shares but extend to popular Asian equities and funds, though it should be noted that these are all derivative products—direct, physical share or ETF purchases are not possible on this platform.
Bond trading and stablecoin markets are absent, a limitation for those who want to incorporate fixed income or on-chain stability tokens into their strategies. There are also no NFT or DeFi derivative offerings, which some advanced crypto traders might seek for cutting-edge exposure. Overall, EightCap’s product universe empowers both active day traders and diversified portfolio managers, with the main trade-offs being its offshore regulation and the absence of certain physical or DeFi-centric assets.
| Asset Class | Type | Number at EightCap | Market Average | Example Assets |
|---|---|---|---|---|
| Stocks | CFD | 600+ | 200–2,000+ | Tesla, Apple, Alibaba, BP |
| ETFs | CFD | 80+ | 20–300 | SPY, QQQ, EWZ, VWO |
| Cryptocurrencies | CFD | 80+ | 10–100 | BTC/USD, ETH/USD, DOGE/USD, SOL/USD |
| Currencies (Forex) | Spot/CFD | 40+ | 30–80 | EUR/USD, USD/JPY, GBP/CAD, NZD/CHF |
| Commodities | CFD | 20+ | 10–25 | Gold, Silver, Brent Crude, Coffee |
| Indices | CFD | 20+ | 10–30 | S&P 500, NASDAQ 100, DAX 40, Nikkei 225 |
| Bonds | N/A | 0 | 5–30 | — |
| Stablecoins | N/A | 0 | 1–5 | — |
| NFTs | N/A | 0 | 1–5 | — |
| Other derivatives | CFD | Some (VIX, US dollar index) | Varies | VIX CFD, USDX CFD |
Trading Tools & Apps
EightCap stands out for its broad choice of platforms, giving me flexibility between MetaTrader 4, MetaTrader 5, and a direct TradingView integration. The MetaTrader suite delivers familiar, reliable trading environments, with a straightforward user experience that makes order management and chart analysis efficient for both beginners and pros.
The addition of TradingView is a highlight. I benefit from seamless access to advanced charting tools, powerful scripting language (Pine Script), and an active trading community. Switching between EightCap’s offering and TradingView’s interface lets me tap into hundreds of indicators, custom scripts, and trading ideas, all from an ergonomic multi-device web platform.
Order execution is consistent across all platforms, with support for every essential order type—market, limit, stop-loss, take-profit, trailing stop, and OCO (where available). For automation, EightCap’s platforms allow me to implement Expert Advisors, leverage external bots, or connect via API, making it possible to align the environment with any algorithmic or copy trading strategy.
Mobile trading is robust on MT4, MT5, and TradingView mobile apps, enabling me to monitor markets, open and close trades, and perform technical analysis from anywhere. Asset search and filter functions are efficient and make it easy to navigate a large universe of 800+ CFDs and crypto. However, EightCap doesn’t offer spot stock purchases (CFD-only) or staking/earn features for digital assets.
| Feature | Verified Details |
|---|---|
| Mobile app | MT4, MT5, TradingView apps for iOS/Android; no proprietary crypto wallet or app |
| Usability | Fluid web, desktop, and mobile UX with advanced charting; MetaTrader and TradingView for all trader types |
| Compatible software | MetaTrader 4/5, TradingView, REST API for trading or crypto strategies |
| Order types | Market, limit, stop-loss, take-profit, trailing stop, OCO orders |
| Charting and technical analysis | 100+ indicators (MT4/5), Pine Script scripting and analytics (TradingView), fully customizable layouts |
| Auto trading / Automated strategies | MT4/MT5 EAs and bots, community scripts, copy trading integrations, API support |
| Algorithmic trading | Pine Script (TradingView), MQL4/MQL5 (MT4/5), REST API for custom and AI-driven automation |
| Negative balance protection | Yes, for all accounts |
| Trading signals | TradingView social signals, technical alerts, MT4/5 signal integration |
| Asset search and filters | Fast in-app navigation, advanced filtering tools for all asset classes |
| Spot stock purchase | Not available (CFD only) |
| Staking and earn | Not available |
Expert advice
Trip: Take advantage of EightCap’s TradingView integration and demo mode to test custom indicators or strategy scripts before live trading.
Set mobile price alerts and enable two-factor authentication to boost security and efficiency—especially if you monitor trades on the go or automate orders through API.
Account Opening & Deposits
Account opening
Creating an account with EightCap is handled fully online and starts with the registration form on the official website, where you will be asked for personal and basic financial details. Once the initial sign-up is completed, the platform will prompt you to complete a regulatory suitability questionnaire and to upload key KYC documents—this includes a government-issued ID and recent proof of address. The review process for submitted documents typically takes between a few hours and one business day. After successful verification, you will receive a confirmation email, and your account will be ready for funding and trading.
Good to know
Selecting your base account currency at registration can help you avoid conversion charges later on, especially if you plan to deposit or withdraw in a specific currency.
| Item | Details |
|---|---|
| Opening procedure | Fill out online registration form, complete questionnaire, upload ID and address docs |
| Validation time | Typically same day (up to 1 business day) |
| Accepted deposit methods | Credit/debit card, bank transfer, e-wallets, selected cryptos (check availability) |
| Minimum required deposit | $100 USD (or equivalent in other accepted currencies) |
| Required documents | Government-issued ID, proof of address (utility bill/bank statement), KYC form |
| Practical tip | Ensure scanned documents are clear and reflect your registration info exactly |
Deposits and withdrawals on EightCap
Deposits and withdrawals with EightCap are designed to provide both speed and flexibility, supporting a wide selection of funding options. You can fund your trading account via credit/debit cards, bank transfers, e-wallets (such as Skrill and Neteller), and for some clients, select cryptocurrencies including stablecoins. Funds can be held and moved in several major currencies, streamlining both cross-border and local transfers. Processing times for deposits are typically instant to a few hours for cards and e-wallets, while bank transfers can take 1–3 business days. There are generally no deposit fees from EightCap’s side, but withdrawal fees may apply, depending on your method and currency. EightCap does not offer a built-in wallet or direct fiat-to-crypto conversion for Canadian users; trading crypto is via CFDs and not physical ownership.
Good to know
Confirm if your deposit or withdrawal currency matches your EightCap account’s base currency to avoid unnecessary conversion fees.
Always check the expected processing times for your chosen payment method, especially if trading on a tight schedule.
| Payment method | Accepted currencies | Minimum amount | Processing time | Possible fees |
|---|---|---|---|---|
| Credit card | USD, CAD, EUR, others | $100 USD | Instant to a few hours | Usually none, card issuer may charge |
| Bank transfer | USD, CAD, EUR, others | $100 USD | 1–3 business days (deposit/withdrawal) | Bank or intermediary fees possible |
| E-wallets | USD, EUR, others | $100 USD | Instant to a few hours | Provider fees possible |
| Stablecoins/crypto | USDT, USDC, BTC (varies) | $100 USD | Usually under 1 hour | Network fees may apply |
| Other local options | Region-specific (check site) | Varies | Varies | May vary by provider & country |
Account Types
EightCap is an offshore-regulated CFD and Forex broker offering a broad range of trading instruments—including indices, commodities, FX pairs, and a substantial crypto CFD selection—for Canadian residents. The platform stands out with support for MetaTrader 4, MetaTrader 5, and robust TradingView integration, making it suitable for both manual and automated strategy traders. EightCap provides both Standard and Raw ECN accounts, as well as unlimited demo access. Islamic, professional, and tax-advantaged accounts are not currently available, and the broker does not directly support classic securities, staking, or cold storage features aimed at crypto portfolio holders.
| Account Type | Available | Main Features |
|---|---|---|
| Demo account | ✅ | Unlimited access, virtual capital, full platform functionality, risk-free trading |
| Standard account | ✅ | $100 minimum deposit, commission-free, spreads from 1.0 pips |
| Raw ECN account | ✅ | $100 minimum deposit, raw spreads from 0.0 pips + $3.50/side commission, best for active traders |
| Islamic account | ❌ | Not available for Canadian users |
| Professional account | ❌ | Not available; all accounts treated as retail |
| CFD account | ✅ | Access to FX, indices, commodities, and crypto CFDs |
| Classic securities account | ❌ | Not available; no direct stock or ETF investing |
| Staking/earn account | ❌ | Not offered; no DeFi or yield feature |
| Cold storage account | ❌ | Not available; crypto trading is CFD-only |
| Tax-advantaged account | ❌ | Not available; no RRSP, TFSA, or other registered account types |
| Accepted base currencies | ✅ | USD, EUR, GBP, AUD, NZD, CAD |
Expert advice
Trip: If you’re an active trader or rely on scalping and automated strategies, the Raw ECN account with TradingView integration offers low-latency execution and advanced charting—test both account types in demo mode to see which fits your style before depositing.
How EightCap Compares to its Competitors
| EightCap | FP Markets | Axi | FBS | |
|---|---|---|---|---|
| Minimum deposit | $100 USD | $5 USD | $1.05 USD | |
| Number of instruments | 70+ | 450+ | 100+ | |
| Spreads (examples) | Raw: from 0.0 pips + $3.00/lot Standard: from 1.0 pips | Pro: from 0.0 pips + commission Standard: from 0.4 pips | Standard: from 0.7 pips Zero Spread account available | |
| Trading platforms | MT4, MT5, Iress | MT4, Axi Copy Trading App | MT4, MT5, FBS Trader App | |
| Regulation | ASIC, CySEC, FSA (Offshore for CA) | Financial Commission (Offshore for CA) | CySEC (Offshore for CA) | |
| Demo account | ✅ | ✅ (30-day limit) | ✅ | |
| Copy trading | ✅ (via MT4/MT5) | ✅ (Axi Copy Trading App) | ✅ (FBS CopyTrade) | |
| Read the review | Read the review FP Markets | Read the review Axi | Read the review FBS |
Standard: from 1.0 pips
Standard: from 0.4 pips
Zero Spread account available
Customer reviews
EightCap holds a Trustpilot rating of 4.3 out of 5, based on 1,220 reviews.
Les utilisateurs mettent en avant plusieurs aspects positifs de la plateforme, notamment :
- Wide range of tradable instruments (800+ including FX, indices, stocks, crypto CFDs)
- Integration with TradingView alongside MT4 and MT5 platforms
- Fast and responsive customer support
- Competitive raw spreads with transparent commission structure
- Straightforward and quick account opening process
En revanche, plusieurs points négatifs sont régulièrement évoqués dans les avis :
- Not locally regulated for Canadian market
- Withdrawal processing times can be slow for some users
- Account verification delays, occasionally cited by new clients
- Minimum deposit of $100 USD may be high for some beginners
- Overnight swap fees can be significant
Voici quelques exemples représentatifs d’avis publiés sur Trustpilot :
M.L. – 10/02/2025 : “Account setup was very simple and I love having direct access to TradingView. Customer service replied quickly to all my questions.” V.F. – 27/11/2024 : “Great trading conditions and a huge selection of products, but it did take a couple of days to get my withdrawal last time.” S.J. – 05/09/2024 : “Spreads are very tight, and the range of assets is outstanding. I just wish they were regulated in Canada for added peace of mind.”
FAQ
Is EightCap regulated in CA?
EightCap is not regulated by Canadian authorities such as CIRO or the OSC. Instead, it operates for Canadian clients under the Securities Commission of The Bahamas (SCB). As a result, Canadian traders do not benefit from local investor protection schemes.
What is the minimum deposit on EightCap?
The minimum deposit required to open an account with EightCap is $100 USD or its equivalent in CAD. This amount applies to all standard account types and is considered in line with industry norms for platforms offering advanced trading features.
Does EightCap offer a welcome bonus?
EightCap does not currently offer a welcome bonus for Canadian users. The company’s focus is on competitive trading conditions and regulatory compliance, and promotional bonuses are restricted or unavailable for accounts opened from Canada.
How does leverage work on EightCap?
On EightCap, leverage for retail clients can be as high as 1:500, depending on the instrument and account type. However, Canadian traders should be aware that trading with high leverage increases both potential profits and risks, and local regulations may place additional restrictions.
How does EightCap make money?
EightCap generates revenue primarily through the spreads between buy and sell prices and, on Raw accounts, through a commission of $3.50 per side per lot. Additional income may come from swap fees on overnight positions and currency conversion fees if trades are made in non-account currencies.
Who is behind EightCap?
EightCap is an Australian-founded brokerage established in 2009, operating under Eightcap Global Limited. It is part of a financial services group with headquarters in Melbourne and additional offices and regulatory entities abroad. The management team has extensive experience in forex, CFD, and technology services.
When was EightCap launched?
EightCap was launched in 2009 and has since expanded its global reach, serving clients in numerous countries with multi-platform access and a focus on trading technology and customer support.
Does EightCap offer copy trading or social trading?
Yes, EightCap offers copy trading through third-party integrations such as ZuluTrade and Myfxbook. Traders can follow and automatically copy the strategies of professional or other experienced traders, with a range of signal providers and risk management options.
How can I contact EightCap’s customer service?
EightCap’s customer service can be reached by live chat on the website, email, or phone. Support is available 24/5, from Monday through Friday, and caters to international clients, including those based in Canada.
Does EightCap offer any promotions or referral programs?
At present, EightCap does not promote referral programs or trading promotions for Canadian users. The availability of such incentives is often subject to regional regulations and company policy, so any updates should be checked directly with EightCap’s official support or website.
Is EightCap regulated in CA?
EightCap is not regulated by Canadian authorities such as CIRO or the OSC. Instead, it operates for Canadian clients under the Securities Commission of The Bahamas (SCB). As a result, Canadian traders do not benefit from local investor protection schemes.
What is the minimum deposit on EightCap?
The minimum deposit required to open an account with EightCap is $100 USD or its equivalent in CAD. This amount applies to all standard account types and is considered in line with industry norms for platforms offering advanced trading features.
Does EightCap offer a welcome bonus?
EightCap does not currently offer a welcome bonus for Canadian users. The company’s focus is on competitive trading conditions and regulatory compliance, and promotional bonuses are restricted or unavailable for accounts opened from Canada.
How does leverage work on EightCap?
On EightCap, leverage for retail clients can be as high as 1:500, depending on the instrument and account type. However, Canadian traders should be aware that trading with high leverage increases both potential profits and risks, and local regulations may place additional restrictions.
How does EightCap make money?
EightCap generates revenue primarily through the spreads between buy and sell prices and, on Raw accounts, through a commission of $3.50 per side per lot. Additional income may come from swap fees on overnight positions and currency conversion fees if trades are made in non-account currencies.
Who is behind EightCap?
EightCap is an Australian-founded brokerage established in 2009, operating under Eightcap Global Limited. It is part of a financial services group with headquarters in Melbourne and additional offices and regulatory entities abroad. The management team has extensive experience in forex, CFD, and technology services.
When was EightCap launched?
EightCap was launched in 2009 and has since expanded its global reach, serving clients in numerous countries with multi-platform access and a focus on trading technology and customer support.
Does EightCap offer copy trading or social trading?
Yes, EightCap offers copy trading through third-party integrations such as ZuluTrade and Myfxbook. Traders can follow and automatically copy the strategies of professional or other experienced traders, with a range of signal providers and risk management options.
How can I contact EightCap’s customer service?
EightCap’s customer service can be reached by live chat on the website, email, or phone. Support is available 24/5, from Monday through Friday, and caters to international clients, including those based in Canada.
Does EightCap offer any promotions or referral programs?
At present, EightCap does not promote referral programs or trading promotions for Canadian users. The availability of such incentives is often subject to regional regulations and company policy, so any updates should be checked directly with EightCap’s official support or website.
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