XCFDs are complex instruments. They are high-risk investments with a potential to lose money quickly.‎ ‎ ‎ ‎

My Review of Eightcap Platform in Canada (July 2025)

EightCap
Select an option...

My opinion on Eightcap

Last update: July 9, 2025
EightcapEightcap
4.4
hellosafe-logoScore
P. Laurore
P. LauroreFinance expert

Eightcap stands out as a regulated multi-asset broker offering competitive spreads and low commissions, a wide selection of CFD instruments (including stocks, ETFs, indices, commodities, and 250+ crypto CFDs), and robust trading tools through MT4, MT5, and TradingView.
With transparent fee structures (EUR/USD spreads from 0.0 pips on Raw accounts plus $3.5/lot), an accessible minimum deposit ($100), and fast order execution, Eightcap provides strong value, particularly to those looking to trade both traditional and crypto markets from Canada.
Founded in 2009 and trusted by 80,000+ traders globally, Eightcap enjoys a solid reputation backed by multi-jurisdiction regulation (FCA, ASIC, SCB) and a 4.3/5 Trustpilot score based on over 1,500 reviews.
Relative to other brokers, Eightcap excels with its large crypto CFD offering, tight FX spreads, and seamless TradingView integration, although it caters mainly to CFD traders rather than those seeking spot crypto or staking features.
According to my experience, Eightcap best serves the following types of traders:
➡️ Beginners who value user-friendly platforms, a low minimum deposit, free demo accounts, and responsive support. The straightforward KYC process and educational account types help newcomers start trading CFDs, Forex, or crypto with guidance and control.
➡️ Intermediate traders who require access to advanced charting, automated trading (via EAs or TradingView), and a broad range of markets to diversify their strategies. Eightcap’s competitive pricing and flexible platform choices align well with traders developing more sophisticated approaches.
➡️ Advanced and active traders who prioritize raw spreads, lightning-fast execution, low slippage, and wish to operate across multiple asset classes (FX, indices, crypto, stocks). Access to API tools and Multi-regulation ensures reliability, while high-volume clients benefit from cost efficiency and platform depth.

  • Regulated by FCA, ASIC, and SCB for strong client protection
  • 800+ CFDs on FX, stocks, ETFs, indices, commodities, and 250+ crypto assets
  • Ultra-competitive spreads: from 0.0 pips on majors (Raw account), low commissions ($3.5/lot per side)
  • Choice of powerful trading platforms: MT4, MT5, and seamless TradingView integration
  • Fast executions, low slippage, and comprehensive order types
  • No deposit, withdrawal, or account management fees from Eightcap
  • Free 30-day demo accounts for practicing strategies
  • Responsive, multilingual customer support via live chat, email, and phone (24/5)
  • CFD trading only: no buying or transferring real/spot crypto or fiat
  • Islamic (swap-free) accounts not available for Canadian users
  • No direct, built-in copy trading solution (third-party integration only)
  • No crypto staking, earning, or wallet features
EightcapEightcap
4.4
hellosafe-logoScore
  • Regulated by FCA, ASIC, and SCB for strong client protection
  • 800+ CFDs on FX, stocks, ETFs, indices, commodities, and 250+ crypto assets
  • Ultra-competitive spreads: from 0.0 pips on majors (Raw account), low commissions ($3.5/lot per side)
  • Choice of powerful trading platforms: MT4, MT5, and seamless TradingView integration
  • Fast executions, low slippage, and comprehensive order types
  • No deposit, withdrawal, or account management fees from Eightcap
  • Free 30-day demo accounts for practicing strategies
  • Responsive, multilingual customer support via live chat, email, and phone (24/5)

My opinion on Eightcap

Last update: July 9, 2025
P. Laurore
P. LauroreFinance expert
  • Regulated by FCA, ASIC, and SCB for strong client protection
  • 800+ CFDs on FX, stocks, ETFs, indices, commodities, and 250+ crypto assets
  • Ultra-competitive spreads: from 0.0 pips on majors (Raw account), low commissions ($3.5/lot per side)
  • Choice of powerful trading platforms: MT4, MT5, and seamless TradingView integration
  • Fast executions, low slippage, and comprehensive order types
  • No deposit, withdrawal, or account management fees from Eightcap
  • Free 30-day demo accounts for practicing strategies
  • Responsive, multilingual customer support via live chat, email, and phone (24/5)
  • CFD trading only: no buying or transferring real/spot crypto or fiat
  • Islamic (swap-free) accounts not available for Canadian users
  • No direct, built-in copy trading solution (third-party integration only)
  • No crypto staking, earning, or wallet features
EightcapEightcap
4.4
hellosafe-logoScore
  • Regulated by FCA, ASIC, and SCB for strong client protection
  • 800+ CFDs on FX, stocks, ETFs, indices, commodities, and 250+ crypto assets
  • Ultra-competitive spreads: from 0.0 pips on majors (Raw account), low commissions ($3.5/lot per side)
  • Choice of powerful trading platforms: MT4, MT5, and seamless TradingView integration
  • Fast executions, low slippage, and comprehensive order types
  • No deposit, withdrawal, or account management fees from Eightcap
  • Free 30-day demo accounts for practicing strategies
  • Responsive, multilingual customer support via live chat, email, and phone (24/5)
Eightcap stands out as a regulated multi-asset broker offering competitive spreads and low commissions, a wide selection of CFD instruments (including stocks, ETFs, indices, commodities, and 250+ crypto CFDs), and robust trading tools through MT4, MT5, and TradingView.
With transparent fee structures (EUR/USD spreads from 0.0 pips on Raw accounts plus $3.5/lot), an accessible minimum deposit ($100), and fast order execution, Eightcap provides strong value, particularly to those looking to trade both traditional and crypto markets from Canada.
Founded in 2009 and trusted by 80,000+ traders globally, Eightcap enjoys a solid reputation backed by multi-jurisdiction regulation (FCA, ASIC, SCB) and a 4.3/5 Trustpilot score based on over 1,500 reviews.
Relative to other brokers, Eightcap excels with its large crypto CFD offering, tight FX spreads, and seamless TradingView integration, although it caters mainly to CFD traders rather than those seeking spot crypto or staking features.
According to my experience, Eightcap best serves the following types of traders:
➡️ Beginners who value user-friendly platforms, a low minimum deposit, free demo accounts, and responsive support. The straightforward KYC process and educational account types help newcomers start trading CFDs, Forex, or crypto with guidance and control.
➡️ Intermediate traders who require access to advanced charting, automated trading (via EAs or TradingView), and a broad range of markets to diversify their strategies. Eightcap’s competitive pricing and flexible platform choices align well with traders developing more sophisticated approaches.
➡️ Advanced and active traders who prioritize raw spreads, lightning-fast execution, low slippage, and wish to operate across multiple asset classes (FX, indices, crypto, stocks). Access to API tools and Multi-regulation ensures reliability, while high-volume clients benefit from cost efficiency and platform depth.
icon

Why trust Hellosafe?

I put Eightcap to the test by actually opening and funding an account, trying out both MT4, MT5, and TradingView platforms, and trading a range of CFDs—especially in forex, stocks, indices, and crypto. I looked closely at their spreads, commissions, and deposit and withdrawal times to get a sense of what it’s like for everyday and advanced traders.

I compared Eightcap’s tools, trading conditions, and overall experience with other regulated brokers offering crypto and CFD trading to Canadians. That meant looking at not just costs, but also customer support quality, account setup, and how easy or difficult it was to navigate for both new and experienced users.

All my impressions come from direct, hands-on experience—not just reading about Eightcap or relying on marketing claims. I focused on reliability, platform strengths, and areas where it might fall short compared to the competition, so you get a real-world assessment that’s honest and practical.

Eightcap at a glance

FonctionnalitéDétail
💰 Dépôt minimum$100 USD (or equivalent in CAD)
🛡️ RégulationFCA (UK), ASIC (Australia), SCB (Bahamas)
🪙 Licence cryptoNo direct license; crypto trading via CFDs
📝 Enregistrement FSMANot registered
📈 Actifs disponibles800+ instruments: stocks, stock CFDs, ETFs, ETF CFDs, indices, forex, commodities, 250+ crypto CFDs
📊 Plateformes de tradingMetaTrader 4, MetaTrader 5, TradingView (web, desktop, mobile)
🛠️ Outils de tradingAdvanced charting, expert advisors, custom signals, automated trading, one-click trading
📝 Compte démoYes, valid for 30 days
☪️ Compte islamiqueNot available for Canadian users
🏁 Ordres clésMarket, limit, stop, stop loss, take profit, trailing stop, conditional orders
⚖️ Effet de levierUp to 1:30 (forex), up to 1:20 (indices/commodities), up to 1:2 (crypto)
💸 FraisNo deposit/withdrawal fees (from Eightcap); EUR/USD from 0.0 pips (Raw) / 1.0 (Standard); $3.5/lot/side
📞 Support clientLive chat, email, phone, 24/5 (Monday–Friday)
🌟 Avis Trustpilot4.3 / 5 (1,500+ reviews, July 2024)
💰 Dépôt minimum
Détail
$100 USD (or equivalent in CAD)
🛡️ Régulation
Détail
FCA (UK), ASIC (Australia), SCB (Bahamas)
🪙 Licence crypto
Détail
No direct license; crypto trading via CFDs
📝 Enregistrement FSMA
Détail
Not registered
📈 Actifs disponibles
Détail
800+ instruments: stocks, stock CFDs, ETFs, ETF CFDs, indices, forex, commodities, 250+ crypto CFDs
📊 Plateformes de trading
Détail
MetaTrader 4, MetaTrader 5, TradingView (web, desktop, mobile)
🛠️ Outils de trading
Détail
Advanced charting, expert advisors, custom signals, automated trading, one-click trading
📝 Compte démo
Détail
Yes, valid for 30 days
☪️ Compte islamique
Détail
Not available for Canadian users
🏁 Ordres clés
Détail
Market, limit, stop, stop loss, take profit, trailing stop, conditional orders
⚖️ Effet de levier
Détail
Up to 1:30 (forex), up to 1:20 (indices/commodities), up to 1:2 (crypto)
💸 Frais
Détail
No deposit/withdrawal fees (from Eightcap); EUR/USD from 0.0 pips (Raw) / 1.0 (Standard); $3.5/lot/side
📞 Support client
Détail
Live chat, email, phone, 24/5 (Monday–Friday)
🌟 Avis Trustpilot
Détail
4.3 / 5 (1,500+ reviews, July 2024)

Security & Regulation

Eightcap stands out for its robust regulatory framework, holding licenses from major tier-1 bodies such as the FCA (UK) and ASIC (Australia), in addition to being regulated by the SCB in the Bahamas. This multi-jurisdictional oversight inspires considerable confidence in how client accounts and operational processes are handled. Client funds are segregated from the company’s assets, contributing to a reliable foundation for asset protection, though direct cold storage or proof-of-reserves for crypto does not apply given its exclusive use of CFDs for digital assets.

For risk control, Eightcap provides the standard suite of tools expected from a leading CFD broker, including negative balance protection, two-factor authentication, and the full range of essential order types. Its reputation is well-established, supported by a positive Trustpilot score and a history of dependable service across global markets. The absence of local Canadian regulation and crypto custody is notable, but overall, I consider Eightcap secure and above average for both retail forex and CFD trading.

IndicatorDescriptionEvaluation
Regulatory complianceFCA (UK), ASIC (Australia), SCB (Bahamas); no Canadian regulation or crypto custody license4.5/5
Fund securityClient money segregation, no direct holding of crypto, standard for FX/CFD retail4/5
Risk management toolsStop loss, negative balance protection, 2FA, comprehensive order types4.5/5
Notoriety and coverageWell-known broker, global coverage, Trustpilot 4.3/5, strong reviews4.5/5
Broker Evaluation Summary
Regulatory compliance
Description
FCA (UK), ASIC (Australia), SCB (Bahamas); no Canadian regulation or crypto custody license
Evaluation
4.5/5
Fund security
Description
Client money segregation, no direct holding of crypto, standard for FX/CFD retail
Evaluation
4/5
Risk management tools
Description
Stop loss, negative balance protection, 2FA, comprehensive order types
Evaluation
4.5/5
Notoriety and coverage
Description
Well-known broker, global coverage, Trustpilot 4.3/5, strong reviews
Evaluation
4.5/5
Broker Evaluation Summary

Fees, Spreads & Commissions

Eightcap provides two main account types—Standard and Raw—each with a distinct fee model suited to different trading styles. The Raw account stands out for scalpers and high-frequency traders, featuring spreads from 0.0 pips on major forex pairs and a fixed $3.5 commission per lot per side. By comparison, the Standard account offers commission-free trading with slightly wider spreads, starting from 1.0 pip on majors. This dual structure makes Eightcap competitive with leading global CFD brokers and helps traders match their cost profile to their strategy.

CFD trading on stocks and ETFs comes with tight spreads and, for standard accounts, no explicit commission. On the Raw account, there’s a clear commission of $3.5 per lot per side—an effective rate that sits at or below the industry standard for direct-market CFD access. Overnight swap rates (holding costs) apply and are in line with other international MT4/MT5 brokers, so those who maintain positions overnight should monitor these charges through the Eightcap platform.

Cryptocurrency trading is available exclusively via CFDs—a notable advantage given the access to 250+ pairs. Spreads for crypto CFDs (such as BTC/USD) start from about 12 pips, which is within the expected range for CFD brokers but higher than spot exchanges. No extra custody or transfer fees are applicable, making crypto trading costs transparent and easy to factor into risk management, although overnight swap charges do apply on leveraged positions.

On the operational and transactional side, the lack of deposit or withdrawal fees on Eightcap’s end is a plus, reducing the risk of hidden costs. Inactivity fees are not disclosed, which is notable, but otherwise the cost transparency and structure are above average for an international broker. Currency conversion charges may apply for CAD deposits or when trading non-USD pairs, a typical fee of 0.5%–1% that should be kept in mind by Canadian traders.

What are the account-related fees?

Fee TypeConditions at EightcapMarket Average
Opening fee$0$0–$50
Maintenance fee$0$0–$10/month
Withdrawal fee$0 (may apply from third-party provider)$0–$35
Inactivity feeNot specified$5–$30/month
Currency conversion fee0.5%–1% (when applicable)0.3%–1%
Comparison of Eightcap fees with market averages.
Opening fee
Conditions at Eightcap
$0
Market Average
$0–$50
Maintenance fee
Conditions at Eightcap
$0
Market Average
$0–$10/month
Withdrawal fee
Conditions at Eightcap
$0 (may apply from third-party provider)
Market Average
$0–$35
Inactivity fee
Conditions at Eightcap
Not specified
Market Average
$5–$30/month
Currency conversion fee
Conditions at Eightcap
0.5%–1% (when applicable)
Market Average
0.3%–1%
Comparison of Eightcap fees with market averages.
icon

Tip

Use the Raw account for active forex or index trading, where tight spreads and reduced slippage maximize your savings—even after commission. Otherwise, the Standard account makes sense for lower-volume or long-term strategies with simpler cost tracking.

What are the fees on stocks and ETFs?

Stock and ETF trading at Eightcap is available solely through CFDs. The fee structure is attractive: Raw account users pay $3.5 commission per lot per side and benefit from tight spreads, while Standard account users benefit from zero commission and slightly wider spreads. There are no custody fees or UK stamp duty, and all open CFD positions incur an overnight fee if held beyond daily settlement.

Fee TypeConditions at EightcapMarket Average
Commission$0 (Standard); $3.5/lot/side (Raw)$0–$8/trade or $0–$0.08/share
Spread feeFrom 1 pip (Standard); from 0 pip (Raw)From 1 pip
Overnight feeYes, variable, see platform ratesYes, usually variable
Custody fee$0$0–$10/month
UK stamp duty tax$0 (not applicable on CFDs)0–0.5% (if applicable)
Commission
Conditions at Eightcap
$0 (Standard); $3.5/lot/side (Raw)
Market Average
$0–$8/trade or $0–$0.08/share
Spread fee
Conditions at Eightcap
From 1 pip (Standard); from 0 pip (Raw)
Market Average
From 1 pip
Overnight fee
Conditions at Eightcap
Yes, variable, see platform rates
Market Average
Yes, usually variable
Custody fee
Conditions at Eightcap
$0
Market Average
$0–$10/month
UK stamp duty tax
Conditions at Eightcap
$0 (not applicable on CFDs)
Market Average
0–0.5% (if applicable)

What are the fees on cryptocurrencies?

Crypto trading via Eightcap is delivered as CFDs, with spreads starting from approximately 12 pips for BTC/USD and generally no additional commission fees. There are no custody or blockchain transfer fees, but as with all leveraged crypto CFD positions, overnight funding fees apply for positions held past daily close.

Fee TypeConditions at EightcapMarket Average (crypto or CFD brokers)
Buy/sell feesIncluded in spread (from 12 pips BTC/USD)0.5%–2% (CFD brokers); 0.1%–0.5% (exchanges)
Spread feesFrom 12 pips (BTC/USD), variable10–50 pips or 0.5%–2%
Overnight feesYes, variable, see platform ratesYes, variable
Custody fees$0 (CFD trading, no custody on coins)$0 for CFDs, custody fees may apply at exchanges
Transfer fees$0 (as CFD, no blockchain fee)$0 (CFD); blockchain fees on exchanges
Fee comparison between Eightcap and the market average.
Buy/sell fees
Conditions at Eightcap
Included in spread (from 12 pips BTC/USD)
Market Average (crypto or CFD brokers)
0.5%–2% (CFD brokers); 0.1%–0.5% (exchanges)
Spread fees
Conditions at Eightcap
From 12 pips (BTC/USD), variable
Market Average (crypto or CFD brokers)
10–50 pips or 0.5%–2%
Overnight fees
Conditions at Eightcap
Yes, variable, see platform rates
Market Average (crypto or CFD brokers)
Yes, variable
Custody fees
Conditions at Eightcap
$0 (CFD trading, no custody on coins)
Market Average (crypto or CFD brokers)
$0 for CFDs, custody fees may apply at exchanges
Transfer fees
Conditions at Eightcap
$0 (as CFD, no blockchain fee)
Market Average (crypto or CFD brokers)
$0 (CFD); blockchain fees on exchanges
Fee comparison between Eightcap and the market average.

What are the fees on CFDs?

Eightcap’s CFD pricing is highly competitive for frequently traded instruments such as forex majors, popular indices, and commodities. Raw spreads are among the narrowest available, and overnight fees are disclosed directly on the trading platforms. Spreads for stocks, indices, and crypto CFDs remain industry-standard or better, offering a well-balanced structure for multi-asset traders.

Underlying AssetMaximum LeverageSpread at EightcapOvernight FeeMarket Average (CFD brokers)
CFD StocksUp to 1:20From 1 pip + $3.5/lot/side (Raw)Variable1–5 pips + $0.01–$0.08/share
Gold (XAU/USD)Up to 1:20From 0.1 pips (Raw)Variable0.3–1.5 points
Silver (XAG/USD)Up to 1:20From 0.5 pips (Raw)Variable0.05–0.15 points
Oil (WTI)Up to 1:20From 0.03 pips (Raw)Variable0.05–0.10 points
EUR/USDUp to 1:30From 0.0 pips + $3.5/lot/side (Raw); 1.0 pip (Standard)Variable0.7–1.5 pips
EUR/GBPUp to 1:30From 0.2 pips (Raw)Variable1.0–2.0 pips
USD/JPYUp to 1:30From 0.1 pips (Raw)Variable0.7–1.5 pips
GBP/USDUp to 1:30From 0.1 pips (Raw)Variable1.0–2.0 pips
BEL 20 (BEL20)Up to 1:20From 1 point (Raw)Variable1–3 points
BTC/USD (crypto CFD)Up to 1:2From 12 pipsVariable10–50 pips or 0.5%–2%
Comparison of trading conditions for various assets at Eightcap versus market averages.
CFD Stocks
Maximum Leverage
Up to 1:20
Spread at Eightcap
From 1 pip + $3.5/lot/side (Raw)
Overnight Fee
Variable
Market Average (CFD brokers)
1–5 pips + $0.01–$0.08/share
Gold (XAU/USD)
Maximum Leverage
Up to 1:20
Spread at Eightcap
From 0.1 pips (Raw)
Overnight Fee
Variable
Market Average (CFD brokers)
0.3–1.5 points
Silver (XAG/USD)
Maximum Leverage
Up to 1:20
Spread at Eightcap
From 0.5 pips (Raw)
Overnight Fee
Variable
Market Average (CFD brokers)
0.05–0.15 points
Oil (WTI)
Maximum Leverage
Up to 1:20
Spread at Eightcap
From 0.03 pips (Raw)
Overnight Fee
Variable
Market Average (CFD brokers)
0.05–0.10 points
EUR/USD
Maximum Leverage
Up to 1:30
Spread at Eightcap
From 0.0 pips + $3.5/lot/side (Raw); 1.0 pip (Standard)
Overnight Fee
Variable
Market Average (CFD brokers)
0.7–1.5 pips
EUR/GBP
Maximum Leverage
Up to 1:30
Spread at Eightcap
From 0.2 pips (Raw)
Overnight Fee
Variable
Market Average (CFD brokers)
1.0–2.0 pips
USD/JPY
Maximum Leverage
Up to 1:30
Spread at Eightcap
From 0.1 pips (Raw)
Overnight Fee
Variable
Market Average (CFD brokers)
0.7–1.5 pips
GBP/USD
Maximum Leverage
Up to 1:30
Spread at Eightcap
From 0.1 pips (Raw)
Overnight Fee
Variable
Market Average (CFD brokers)
1.0–2.0 pips
BEL 20 (BEL20)
Maximum Leverage
Up to 1:20
Spread at Eightcap
From 1 point (Raw)
Overnight Fee
Variable
Market Average (CFD brokers)
1–3 points
BTC/USD (crypto CFD)
Maximum Leverage
Up to 1:2
Spread at Eightcap
From 12 pips
Overnight Fee
Variable
Market Average (CFD brokers)
10–50 pips or 0.5%–2%
Comparison of trading conditions for various assets at Eightcap versus market averages.

Assets & Markets

Eightcap offers a diverse set of markets, with particular strength in its range of stock CFDs and cryptocurrency CFDs. I am impressed by the access to over 600 individual stock CFDs and more than 80 ETF CFDs, which provides broad sector coverage and exposure to major global companies through leveraged instruments. For Canadian users interested in equity markets without the obligation of direct share ownership, this presents an efficient, accessible trading route.

The platform stands out for its crypto CFD selection, boasting 250+ digital assets. This level of crypto diversity is uncommon among multi-asset CFD brokers, making Eightcap attractive for crypto-focused traders or those seeking to diversify with digital assets beyond the mainstream names. That said, it's important to note that trading is via CFDs only—there are no spot crypto purchases, wallets, or staking features, which may limit appeal for those interested in longer-term crypto holding or DeFi participation.

Forex coverage is solid, with 40+ currency pairs encompassing all major and several minor and exotic crosses. I find this range competitive, supporting both classic FX strategies and more niche currency speculation. Commodities and indices are also well represented, though the absence of bonds, stablecoins, NFTs, or physical share trading does mark a limitation for users seeking full-spectrum global portfolio construction.

While the depth of CFD markets on Eightcap facilitates diverse leveraged strategies, users must be aware that access is always via derivative contracts—actual ownership of underlying assets is not possible. Those focused on physical asset holding or seeking innovative features like staking or NFT markets will find Eightcap’s offering narrower than some digital-first exchanges.

Asset ClassTypeNumber at EightcapMarket AverageExample Assets
StocksCFD600+1,000+Apple, Shopify, Tesla
ETFsCFD80+50–100SPDR S&P 500, Invesco QQQ, XLF
CryptocurrenciesCFD250+30–100BTC/USD, ETH/USD, ADA/USD, DOGE/USD
CurrenciesForex (CFD)40+40–70EUR/USD, USD/CAD, GBP/JPY
CommoditiesCFD10+10–20Gold, Silver, US Crude Oil
IndicesCFD15+10–20S&P 500, Nasdaq 100, FTSE 100
BondsNot available03–10
StablecoinsNot available02–5
NFTsNot available00–2
Other derivativesNot specifiedNot specifiedVariable
Stocks
Type
CFD
Number at Eightcap
600+
Market Average
1,000+
Example Assets
Apple, Shopify, Tesla
ETFs
Type
CFD
Number at Eightcap
80+
Market Average
50–100
Example Assets
SPDR S&P 500, Invesco QQQ, XLF
Cryptocurrencies
Type
CFD
Number at Eightcap
250+
Market Average
30–100
Example Assets
BTC/USD, ETH/USD, ADA/USD, DOGE/USD
Currencies
Type
Forex (CFD)
Number at Eightcap
40+
Market Average
40–70
Example Assets
EUR/USD, USD/CAD, GBP/JPY
Commodities
Type
CFD
Number at Eightcap
10+
Market Average
10–20
Example Assets
Gold, Silver, US Crude Oil
Indices
Type
CFD
Number at Eightcap
15+
Market Average
10–20
Example Assets
S&P 500, Nasdaq 100, FTSE 100
Bonds
Type
Not available
Number at Eightcap
0
Market Average
3–10
Example Assets
Stablecoins
Type
Not available
Number at Eightcap
0
Market Average
2–5
Example Assets
NFTs
Type
Not available
Number at Eightcap
0
Market Average
0–2
Example Assets
Other derivatives
Type
Not specified
Number at Eightcap
Not specified
Market Average
Variable
Example Assets

Trading Tools & Apps

Eightcap’s platform suite stands out for combining a full MetaTrader experience—both MT4 and MT5—with industry-leading TradingView integration. The MetaTrader platforms provide a familiar, highly customizable interface, offering straightforward navigation, advanced order execution, and extensive automation support through Expert Advisors (EAs) and custom scripts. Features like one-click trading and real-time account monitoring make it practical for scalpers as well as position traders.

The TradingView integration is a major asset for technical analysts. Not only does it offer superior charting with a vast range of built-in indicators, but it also allows direct trade execution on visual setups. This seamless chart-to-trade pipeline, paired with TradingView’s large social community, is particularly advantageous for those who thrive on crowd-sourced analysis and collaborative trading ideas.

On mobile, both MetaTrader apps and TradingView’s mobile solution provide reliable execution, fluid user experiences, and almost all features available on desktop. This is critical for monitoring trades and reacting to markets on the go. Order types are abundant—covering market, limit, stop-loss, take-profit, trailing stops, and OCO (One Cancels the Other) orders—which allows for layered trade and risk management across all asset classes.

Automation is a strength on Eightcap. MT4/MT5 provide full algorithmic trading capability, script writing, and API connectivity for advanced strategies. While direct copy trading or PAMM is not built in, integration with third-party tools ensures this functionality is accessible for those who require it.

For crypto, Eightcap delivers one of the widest CFD selections in the sector, but positions are always synthetic—real token purchase, wallets, staking, and earning products are not available. The platform remains focused on trading execution rather than asset holding or DeFi services, which suits traders looking for speculative opportunities over long-term crypto investment.

FeatureVerified Details
Mobile appFull-featured MT4/MT5 and TradingView apps; no crypto wallet or native crypto app
UsabilityFluid on TradingView, customizable and technical on MT4/MT5
Compatible softwareMetaTrader 4, MetaTrader 5, TradingView integration, APIs for automation; no MetaTrader 5 mobile wallet
Order typesMarket, limit, stop-loss, take-profit, trailing stop, OCO orders
Charting and technical analysis80+ built-in indicators, advanced charting (TradingView), scriptable analytics (MT4/MT5)
Auto trading / Automated strategiesEAs, custom scripts (MT4/MT5); third-party copy trading accessible
Algorithmic tradingSupported on MT4/MT5 via EAs and scripts; API connectivity for advanced users
Negative balance protectionProvided for CFD/Forex accounts
Trading signalsAvailable through TradingView, custom scripts, and community channels
Asset search and filtersAdvanced symbol search and asset filters on all major platforms (CFD/Forex, crypto)
Spot stock purchaseNot available—only CFDs
Staking and earnNot available for crypto or any other asset
Trading Features and Verified Details
Mobile app
Verified Details
Full-featured MT4/MT5 and TradingView apps; no crypto wallet or native crypto app
Usability
Verified Details
Fluid on TradingView, customizable and technical on MT4/MT5
Compatible software
Verified Details
MetaTrader 4, MetaTrader 5, TradingView integration, APIs for automation; no MetaTrader 5 mobile wallet
Order types
Verified Details
Market, limit, stop-loss, take-profit, trailing stop, OCO orders
Charting and technical analysis
Verified Details
80+ built-in indicators, advanced charting (TradingView), scriptable analytics (MT4/MT5)
Auto trading / Automated strategies
Verified Details
EAs, custom scripts (MT4/MT5); third-party copy trading accessible
Algorithmic trading
Verified Details
Supported on MT4/MT5 via EAs and scripts; API connectivity for advanced users
Negative balance protection
Verified Details
Provided for CFD/Forex accounts
Trading signals
Verified Details
Available through TradingView, custom scripts, and community channels
Asset search and filters
Verified Details
Advanced symbol search and asset filters on all major platforms (CFD/Forex, crypto)
Spot stock purchase
Verified Details
Not available—only CFDs
Staking and earn
Verified Details
Not available for crypto or any other asset
Trading Features and Verified Details
icon

Tip

Use the TradingView platform to test trade ideas and indicator setups in demo mode, then transition to a live account when you are confident—this workflow preserves your strategies and analytics across desktop and mobile while minimizing execution risk.

Account Opening and Deposits

Account opening

To open an account with Eightcap, you start by completing a straightforward online registration form, where you choose your account type and preferred trading platform (MetaTrader 4, MetaTrader 5, or TradingView). You’ll be asked to fill out a regulatory questionnaire to assess your trading background and suitability, as required for compliance. The platform will then guide you to submit your identity verification documents—this includes a government-issued ID and a recent proof of address (such as a utility bill or bank statement).

After all documents are submitted, the Eightcap compliance team reviews your application. Validation typically takes less than one business day, though incomplete documents or high-volume periods may extend this window. Once your account is approved, you receive a confirmation email with login details and step-by-step funding instructions, allowing you to begin trading.

icon

Good to know

Double-check the base currency you set at registration, as it can help you avoid unnecessary conversion fees when depositing or withdrawing funds. If you submit scans or photos, ensure all document details are clear and readable to prevent delays.

ItemDetails
Opening procedureOnline application, select account/platform, regulatory questionnaire, KYC document upload
Validation timeUsually less than 1 business day (may be longer during peak periods or if documents are unclear)
Accepted deposit methodsCredit/debit card, bank transfer, Skrill, Neteller, Poli, other local options
Minimum required deposit$100 USD (or equivalent in CAD)
Required documentsGovernment-issued ID, proof of address (utility bill, bank statement, etc.)
Practical tipUse clear, high-resolution images for document uploads to speed up verification
Opening procedure
Details
Online application, select account/platform, regulatory questionnaire, KYC document upload
Validation time
Details
Usually less than 1 business day (may be longer during peak periods or if documents are unclear)
Accepted deposit methods
Details
Credit/debit card, bank transfer, Skrill, Neteller, Poli, other local options
Minimum required deposit
Details
$100 USD (or equivalent in CAD)
Required documents
Details
Government-issued ID, proof of address (utility bill, bank statement, etc.)
Practical tip
Details
Use clear, high-resolution images for document uploads to speed up verification

Deposits and withdrawals on Eightcap

Deposits and withdrawals on Eightcap are designed for flexibility and global accessibility. Canadian users can fund their accounts via credit or debit card, bank transfer, major e-wallets (Skrill, Neteller), Poli, and several other local or international options. All major account currencies are supported; be sure to select your preferred base currency to minimize conversion costs. Most card and e-wallet deposits are credited instantly, while bank wires can require 1–3 business days. Withdrawal requests are processed using the same available methods, with typical turnaround between one and three business days.

Eightcap does not charge deposit or withdrawal fees, though external banking or e-wallet fees may apply. The platform does not offer an integrated crypto wallet or direct fiat-to-crypto conversion—crypto trading is via CFDs only, and no digital assets or stablecoins can be transferred to or from your account.

icon

Good to know

Always verify the exact name and details on your funding account match your Eightcap registration. For bank transfers or cross-border transactions, watch out for third-party bank fees and additional processing time.

Payment methodAccepted currenciesMinimum amountProcessing timePossible fees
Credit cardUSD, CAD, EUR, GBP, AUD, etc.$100 USDInstantNo Eightcap fee; card issuer fee possible
Bank transferUSD, CAD, EUR, GBP, AUD, etc.$100 USD1–3 business daysNo Eightcap fee; possible bank fee
E-wallets (Skrill, Neteller)USD, CAD, EUR, etc.$100 USDInstant to 1 business dayNo Eightcap fee; e-wallet fee possible
Stablecoins/cryptosNot available
Other local optionsSelected currenciesVariesInstant to 1 business dayNo Eightcap fee; external fees possible
Credit card
Accepted currencies
USD, CAD, EUR, GBP, AUD, etc.
Minimum amount
$100 USD
Processing time
Instant
Possible fees
No Eightcap fee; card issuer fee possible
Bank transfer
Accepted currencies
USD, CAD, EUR, GBP, AUD, etc.
Minimum amount
$100 USD
Processing time
1–3 business days
Possible fees
No Eightcap fee; possible bank fee
E-wallets (Skrill, Neteller)
Accepted currencies
USD, CAD, EUR, etc.
Minimum amount
$100 USD
Processing time
Instant to 1 business day
Possible fees
No Eightcap fee; e-wallet fee possible
Stablecoins/cryptos
Accepted currencies
Not available
Minimum amount
Processing time
Possible fees
Other local options
Accepted currencies
Selected currencies
Minimum amount
Varies
Processing time
Instant to 1 business day
Possible fees
No Eightcap fee; external fees possible

Account Types

Eightcap is a global CFD and Forex broker that caters to Canadian traders seeking access to a broad range of asset classes—including forex pairs, commodities, indices, stocks, ETFs, and cryptocurrencies (all as CFDs). The platform stands out with transparent pricing, access to both Standard and Raw (ECN-style) accounts, and deep integration with industry-leading platforms like MetaTrader 4, MetaTrader 5, and TradingView. While staking accounts and cold storage for crypto are not offered, both casual and high-frequency traders can find an account structure suited to their style. Demo accounts are available for realistic practice, though Islamic (swap-free) and tax-advantaged accounts are not available for Canadian residents.

Account typeAvailableMain features
Demo account30-day free demo, full access to all trading platforms & instruments, risk-free practice
Standard accountMin. $100 deposit, spreads from 1.0 pip, no commission, suited to most traders
Raw ECN accountMin. $100 deposit, raw spreads from 0.0 pips, $3.5 commission/side, ideal for scalpers and high-frequency traders
Islamic accountNot available for users in Canada
Professional accountNot formally available as a separate status/account in Canada
CFD accountAll live accounts provide CFD access to forex, stocks, crypto, indices, and commodities
Classic securities accountNot offered; only CFD trading of stocks/ETFs
Staking/earn accountNot available; no crypto earning or staking features
Cold storage accountNot available; crypto trading is CFD-only, no wallet or custody
Tax-advantaged accountNot available; no RRSP/TFSA for Canadian users
Accepted base currenciesCAD, USD, EUR, GBP, AUD, NZD, SGD
Comparison table of available account types and their main features.
Demo account
Available
Main features
30-day free demo, full access to all trading platforms & instruments, risk-free practice
Standard account
Available
Main features
Min. $100 deposit, spreads from 1.0 pip, no commission, suited to most traders
Raw ECN account
Available
Main features
Min. $100 deposit, raw spreads from 0.0 pips, $3.5 commission/side, ideal for scalpers and high-frequency traders
Islamic account
Available
Main features
Not available for users in Canada
Professional account
Available
Main features
Not formally available as a separate status/account in Canada
CFD account
Available
Main features
All live accounts provide CFD access to forex, stocks, crypto, indices, and commodities
Classic securities account
Available
Main features
Not offered; only CFD trading of stocks/ETFs
Staking/earn account
Available
Main features
Not available; no crypto earning or staking features
Cold storage account
Available
Main features
Not available; crypto trading is CFD-only, no wallet or custody
Tax-advantaged account
Available
Main features
Not available; no RRSP/TFSA for Canadian users
Accepted base currencies
Available
Main features
CAD, USD, EUR, GBP, AUD, NZD, SGD
Comparison table of available account types and their main features.
icon

Tip

If you’re an active or algorithmic trader, consider the Raw ECN account for its ultra-tight spreads and competitive commission structure, especially when trading frequently. Use the demo account to test both MetaTrader and TradingView platforms so you can choose your ideal trading environment before funding a live account.

Customer reviews

Eightcap holds a Trustpilot rating of 4.3 out of 5, based on more than 1,500 user reviews. Les utilisateurs mettent en avant plusieurs aspects positifs de la plateforme, notamment :

  • Easy and straightforward account opening process
  • Responsive and helpful customer support team
  • Competitive spreads and fast execution, especially for forex and crypto CFDs
  • Wide choice of tradable assets, particularly a strong selection of crypto CFDs
  • User-friendly integration with platforms like MT4, MT5, and TradingView
  • Instant deposit options with no internal fees

En revanche, plusieurs points négatifs sont régulièrement évoqués dans les avis :

  • No Islamic (swap-free) account option for Canadian users
  • Limited educational resources compared to some competitors
  • No proprietary copy trading feature, only third-party integrations
  • Crypto, stock, and ETF trading is CFD-only—no direct or spot investing
  • Occasional technical issues reported with platform connectivity

Voici quelques exemples représentatifs d’avis publiés sur Trustpilot :

H.G. – 06/07/2024 : “Great spreads and fast execution. Customer support is responsive and helpful.” V.L. – 29/06/2024 : “Easy account opening process and a good range of crypto CFDs.” S.B. – 12/05/2024 : “Withdrawal was processed quickly, but would like to see more educational resources.”

FAQ

Is Eightcap regulated in CA?

Eightcap is not regulated by Canadian authorities such as CIRO or IIROC. However, its global entities are regulated by the FCA in the UK, ASIC in Australia, and the Securities Commission of The Bahamas. Canadian clients are served internationally and should be aware of the offshore regulatory status.

What is the minimum deposit on Eightcap?

The minimum deposit to open an account with Eightcap is $100 USD or the equivalent in Canadian dollars. This low entry point applies to both Standard and Raw account types, making it accessible to a wide range of traders.

Does Eightcap offer a welcome bonus?

Eightcap does not generally offer welcome bonuses to new Canadian clients. Occasionally, regional promotions or campaign-based offers may be available, but bonuses are not a core feature of Eightcap’s account offerings.

How does leverage work on Eightcap?

Leverage on Eightcap depends on the asset class and the regulatory jurisdiction. For Canadian users trading offshore, maximum leverage is typically up to 1:30 for forex, 1:20 for indices and commodities, and 1:2 for crypto CFDs. Always check the platform and specific account conditions for available leverage.

How does Eightcap make money?

Eightcap earns revenue primarily through spreads and commissions on CFD trades. The Standard account has wider spreads but zero commissions, while the Raw account offers lower spreads with a commission per trade. Additional income may come from overnight swaps and currency conversion fees.

Who is behind Eightcap?

Eightcap is an international CFD and forex broker founded in Australia, operated by Eightcap Pty Ltd and other related entities. The company’s management and regulatory information are publicly available, supporting transparency for clients globally.

When was Eightcap launched?

Eightcap was launched in 2009 and has since expanded to offer trading in over 800 financial instruments. The broker now serves clients internationally, including users in Canada through its offshore regulated entities.

Does Eightcap offer copy trading or social trading?

Eightcap does not directly offer in-house copy trading or social trading to Canadian clients. However, integration with selected third-party platforms or tools for copy trading may be possible, especially via MT4 or MT5, depending on your preferences.

How can I contact Eightcap’s customer service?

Eightcap’s customer service is available through live chat, email, and phone. Support operates 24 hours a day, five days a week (Monday to Friday), and Canadian clients receive assistance via global support channels in English and other languages.

Does Eightcap offer any promotions or referral programs?

Eightcap occasionally runs promotions or referral campaigns, but there are no guaranteed, ongoing bonuses for Canadian clients. Offers can vary and may depend on the region or current marketing campaigns, so it is best to check the official Eightcap website for up-to-date information.

Is Eightcap regulated in CA?

Eightcap is not regulated by Canadian authorities such as CIRO or IIROC. However, its global entities are regulated by the FCA in the UK, ASIC in Australia, and the Securities Commission of The Bahamas. Canadian clients are served internationally and should be aware of the offshore regulatory status.

What is the minimum deposit on Eightcap?

The minimum deposit to open an account with Eightcap is $100 USD or the equivalent in Canadian dollars. This low entry point applies to both Standard and Raw account types, making it accessible to a wide range of traders.

Does Eightcap offer a welcome bonus?

Eightcap does not generally offer welcome bonuses to new Canadian clients. Occasionally, regional promotions or campaign-based offers may be available, but bonuses are not a core feature of Eightcap’s account offerings.

How does leverage work on Eightcap?

Leverage on Eightcap depends on the asset class and the regulatory jurisdiction. For Canadian users trading offshore, maximum leverage is typically up to 1:30 for forex, 1:20 for indices and commodities, and 1:2 for crypto CFDs. Always check the platform and specific account conditions for available leverage.

How does Eightcap make money?

Eightcap earns revenue primarily through spreads and commissions on CFD trades. The Standard account has wider spreads but zero commissions, while the Raw account offers lower spreads with a commission per trade. Additional income may come from overnight swaps and currency conversion fees.

Who is behind Eightcap?

Eightcap is an international CFD and forex broker founded in Australia, operated by Eightcap Pty Ltd and other related entities. The company’s management and regulatory information are publicly available, supporting transparency for clients globally.

When was Eightcap launched?

Eightcap was launched in 2009 and has since expanded to offer trading in over 800 financial instruments. The broker now serves clients internationally, including users in Canada through its offshore regulated entities.

Does Eightcap offer copy trading or social trading?

Eightcap does not directly offer in-house copy trading or social trading to Canadian clients. However, integration with selected third-party platforms or tools for copy trading may be possible, especially via MT4 or MT5, depending on your preferences.

How can I contact Eightcap’s customer service?

Eightcap’s customer service is available through live chat, email, and phone. Support operates 24 hours a day, five days a week (Monday to Friday), and Canadian clients receive assistance via global support channels in English and other languages.

Does Eightcap offer any promotions or referral programs?

Eightcap occasionally runs promotions or referral campaigns, but there are no guaranteed, ongoing bonuses for Canadian clients. Offers can vary and may depend on the region or current marketing campaigns, so it is best to check the official Eightcap website for up-to-date information.

P. Laurore
P. Laurore
Finance expert
HelloSafe
Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.

Ask a question, an expert will answer

X
Invest with our partner Eightcap !