Score
15-20 yearsRegulated in Australia
Market Making License (MM)
MT4 Full License
Global Business
Vanuatu Forex Trading License (EP) Revoked
High Potential Risk
Offshore Regulation
Benchmark
Influence
Add brokers
Comparison
Quantity 396
Exposure
Score
Regulatory Index6.45
Business Index8.03
Risk Management Index0.00
Software Index5.39
License Index8.14
Single Core
1G
40G
Danger
Danger
More
Company Name
Eightcap Global Limited
Company Abbreviation
Eightcap
Platform registered country and region
Australia
Company website
X
YouTube
Company summary
Pyramid scheme complaint
Expose
WikiFX Data provideCommission not given
Feels like they're about to exit scam, withdrawals aren't processing anymore!
Deposits haven't been credited to my account, the customer service is evasive and doesn't provide a specific timeframe, and online customer service now just ends the conversation and stops responding. This platform is no longer viable.
When I started the agency, it was not clearly stated that failing to meet agency conditions would prevent withdrawals, and the fees were also added by myself. Now when I want to make a withdrawal, after splitting with the client, the withdrawal is denied, stating I do not meet the conditions. Why wasn't this made clear from the beginning? Moreover, there was no mention that withdrawals wouldn’t be allowed when I added the spread. It was only mentioned when I submitted the withdrawal request.
Login shows server invalid.
Slippage of 7 USD, 7 pips, communicated with customer service, they said it is normal and no compensation will be given.
The agent's backend website doesn't show the customer's specific information. Commissions are stuck and not being transferred. I've contacted customer service many times without a solution. The website's customer service isn't responding.
Gold deposits were blocked at 5596 for three consecutive days. Deposits were only allowed when there were no clear trading opportunities. Deposits were possible before 4100 when my account was consecutively liquidated , but became blocked again when the market reached that level. Their reason was network issues. But actually, your money is tied up in a gambling platform. They prevent you from making deposit when the opportunity came, and then reopen deposits when you're likely to lose. This is a fraudulent gambling platform.
The slippage has been severe for three years and no one has addressed it.
I transferred 1500 USD to the eightcap platform via Alipay on Saturday. The money still hasn't arrived, and the customer service hasn't replied to me either.
Account 85**** shows a trading ban, and withdrawals remain pending indefinitely. Seeing how the platform frequently steals tens of thousands or even hundreds of thousands of dollars from others, they're now trying to steal my few dozen dollars too!
I placed a short order at 2618, and the transaction volumes shown on TradingView were between 18 and 13.5 for that order level, with the third image showing second-by-second transaction volumes. My order at 2618 did not execute, instead it was placed at the lowest point, leaving no room to break even. I later contacted customer service, who stated that the order was normal and there were no anomalies. This type of slippage happens too frequently, and customer service mentioned they would change liquidity providers in the future. However, they do not take responsibility for the losses. Be cautious with Eightcap.
Unable to withdraw funds, clicking withdraw brings up this pop-up window
The platform operated the user account unlawfully, opened orders arbitrarily without my consent, causing a loss of 6900 US dollars. There is recorded call evidence, currently in the litigation stage, illegal operation of the account.
I haven't received my commission from your platform, which was normal before. I'm an IB (Introducing Broker) account holder, and now I'm not getting any rebates on my own trades. My agent's backend shows 0, not a single cent. Does your platform now deduct rebates from even trades? Or does my account manager have the authority to cheat me?
I was introduced to the Eightcap platform by a friend and deposited $1100 on March 13th for trusting his recommendation. On Friday evening, I placed a long position in crude oil, betting on the weekend market. The platform did not adjust leverage due to the US-Iran conflict, and I operated within the permitted limits. As a result, crude oil rose on Monday, and my account profited approximately $11,000. On March 19th, I applied for my first withdrawal of $12,000, which went very smoothly and arrived quickly. Emboldened by this successful withdrawal, I deposited another $1299 using the same method to go long again on Friday, March 20th, betting on the weekend market. The market also rose on Monday, and this time my account profited approximately $20,000. However, when I applied for a withdrawal, the platform refused, citing so-called "violations of regulations," and deducted a total of $22,702.28 (principal and profit). They also sent a long email in English accusing me of "arbitrage" and other issues. I am deeply confused by this, as I placed all orders manually, and my trading methods were exactly the same both times. The reason why the first withdrawal went smoothly without any feedback, but the second time a slightly larger profit resulted in the forced deduction of the principal and being deemed a violation, which clearly indicates that the platform doesn't want to pay out profits and only wants to absorb losses in this gambling scam. This platform claims to have an Australian license, but in reality, it's using that license to commit fraud. The account manager disappeared immediately after the withdrawal issues arose. Therefore, we solemnly warn all forex traders to stay away from this platform to avoid financial loss.
WikiFX Data provide| Quick Eightcap Review Summary | |
| Founded in | 2009 |
| Registered Country | Australia |
| Regulation | ASIC, FCA, CySEC, SCB (Offshore) |
| Trading Assets | 800+ CFDs on forex, commodities, indexes, shares, cryptos |
| Demo Account | ✅(30 days) |
| Account Type | Raw, Standard, TradingView |
| Min Deposit | $100 |
| Leverage | Up to 1:500 |
| EUR/USD Spread | From 0 pips |
| Trading Platform | MetaTrader 4, MetaTrader 5, Tradingview |
| Payment Method | MasterCard, Visa, PayPal, Wire Transfer, BPAY, Skrill, Neteller, etc. (vary on the region) |
| Deposit & Withdrawal Fee | ❌ |
| Customer Support | 24/5 live chat |
| Tel: +61 3 8592 2375 | |
| Email: global@eightcap.com | |
Eightcap is a popular online forex and CFDs broker that offers access to trade various financial markets. The broker was founded in 2009 in Melbourne, Australia, and has since expanded its presence to other regions such as Europe, Asia, and the Middle East. Eightcap prides itself on providing a user-friendly trading experience, robust trading platforms, and competitive trading conditions for its clients.
The broker offers a wide range of financial instruments to trade, including 800+CFDs on forex, commodities, indexes, shares, and cryptos. Clients can access these markets through the popular trading platforms, MetaTrader 4, MetaTrader 5, and TradingView. The broker also offers three types of account types to suit the individual needs of its clients, including Standard, Raw and TradingView, with the minimum deposit requirement of $100.
Eightcap is a global forex and CFD broker offering many features and benefits that make it an attractive choice for traders of all levels. One of the primary advantages of Eightcap is its range of trading instruments, including 800+ CFDs on forex, commodities, indexes, shares, and cryptos. This diversity allows traders to take advantage of a wide range of market opportunities and build diversified portfolios.
In addition to its broad range of trading instruments, Eightcap also offers competitive trading conditions, such as tight spreads and low commissions, which can help traders maximize their profits. The broker also provides access to multiple trading platforms, including MetaTrader 4 and 5, as well as TradingView.
While there are many benefits to trading with Eightcap, there are also some drawbacks to consider. One of these is the limited selection of educational resources, which may be a disadvantage for novice traders. Additionally, the broker does not currently offer social trading options and 24/7 customer support.
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Yes, Eightcap is considered a legitimate broker, regulated by reputable financial authorities including ASIC (Australia), FCA (UK), CySEC (Cyprus), and SCB (Bahamas). These regulatory bodies impose strict rules and regulations on the broker to ensure they operate in a fair and transparent manner, thereby providing traders with a safe and secure trading environment.
| Regulated Country | Regulated by | Current Status | Regulated Entity | License Type | License Number |
 | ASIC | Regulated | EIGHTCAP PTY LTD | Market Making (MM) | 000391441 |
 | FCA | Regulated | Eightcap Group Ltd | Straight Through Processing (STP) | 921296 |
 | CySEC | Regulated | Eightcap EU Ltd | Straight Through Processing (STP) | 246/14 |
 | SCB | Offshore Regulated | Eightcap Global Limited | Retail Forex License | SIA-F220 |
EIGHTCAP PTY LTD, its Australian entity, is authorized and regulated by the Australia Securities & Investment Commission (ASIC) under the regulatory license number 391441.
Eightcap Group Ltd, its UK entity, is authorized and regulated by the Financial Conduct Authority (FCA) under the regulatory license number of 921296.
Eightcap EU Ltd, is regulated by the Cyprus Securities and Exchange Commission (CYSEC) under license no. 246/14.
Eightcap Global Limited, the international entity, is authorized and offshore regulated by the Security Commission of the Bamas (SCB) under the regulatory license number of SIA-F220.
EightCap offers 800+ CFDs on forex, commodities, indexes, shares, and cryptos.
| Trading Assets | Available |
| CFDs | ✔ |
| Forex | ✔ |
| Commodities | ✔ |
| Indexes | ✔ |
| Shares | ✔ |
| Cryptos | ✔ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Live Accounts: EightCap offers three types of accounts at EightCap: Raw, Standard and TradingView accounts. All require a moderate minimum deposit of 100 USD, which is quite friendly for beginners.
Their most relevant differences consist in the spreads, the raw account has a lower spread. Standard and TradingView accounts offers a commission-free trading environment, yet compensated by wider spreads, while Raw accounts offers raw spreads, accompanied by additional commissions.
| Account Type | Raw | Standard | TradingView |
| Min Deposit | $100 | ||
| Account Base Currencies | AUD, USD, EUR, GBP, NZD, CAD, SGD | ||
| Spread | From 0.0 pips | From 1.0 pips | |
| Commission | Each side: $3.5 AUD/USD/NZD/SGD/CAD, 2.25 GBP, 2.75 EUR per standard lot traded | ❌(shares excluded) | |
Aside from two types of live trading accounts, Eightcap offers a 30-day demo account for traders who want to practice and test their trading strategies without risking real money.
The demo account is free and is designed to simulate real market conditions, allowing traders to get a feel for the platform and instruments before they start trading with a live account.
The demo account is funded with virtual money and offers access to the same features as the live account, including a range of instruments and trading platforms.
The maximum leverage is determined by the regulator; the maximum ASIC leverage is only 1:30, but the Bahamas SCB allows a leverage of 1:500. However, other trading conditions may vary accordingly and you can decide for yourself.
High leverage is ideal for active traders and scalpers, as it presents greater trading flexibility in general, which directly impacts profitability, but new users are advised to operate with caution with such large leverage.
Eightcap offers multiple trading platforms, including the popular MetaTrader 4, MetaTrader 5, and Tradingview. These platforms are known for their user-friendly interface and advanced charting tools.
With the MetaTrader platforms, Eightcap offers a range of customizable features, including the ability to use custom indicators and expert advisors. These platforms also provide access to real-time market data and allow traders to execute trades quickly and efficiently. Traders can also use the platforms to set up automated trading strategies, which can be particularly useful for those who want to trade around the clock.
EightCap's TradingView leverages 15+ customizable chart types, including Kagi, Renko, and Point & Figure. Organize up to 8 synchronized charts per tab and utilize 90+ smart drawing tools for comprehensive analysis.
Eightcap offers a variety of deposit and withdrawal methods, such as MasterCard, Visa, PayPal, Wire Transfer, BPAY, Skrill, Neteller, etc. (vary on the region). You can find more detailed info in the table below:
| Payment Option | Accepted Currencies | Deposit Fee | Withdrawal Fee | Deposit Processing Time | Withdrawal Processing Time |
| MasterCard | AUD, USD, GBP, EUR, NZD, CAD, SGD | ❌ | ❌ | Instant | 2-5 business days |
| Visa | |||||
| PayPal | AUD, USD, GBP, EUR, NZD, SGD | 1-5 business days | |||
| Wire Transfer | AUD, USD, GBP, EUR, NZD, CAD, SGD | Variable | 1-5 business days | ||
| B-PAY | AUD | ❌ | 1-2 business days | 1-3 business days | |
| UnionPay | RMB | Instant | 1 business day | ||
| Skrill | USD, EUR (only for EEA clients), CAD | Variable | |||
| Neteller | |||||
| Cryptos | USDT (TRC20), USDT (ERC20), BTC (only for USD accounts) | ❌ | / | Instant | |
| Interac | CAD | ❌ | 1-3 business days | ||
| fasapay | USD | 1 business day | |||
| pix | BRL | / | / | / | 1-5 business days |
| dragonpay | MYR, PHP | Variable | ❌ | Instant | 1 business day |
| ... | THB, VND, MYR, IDR, PHP |
In conclusion, Eightcap seems like a solid choice for traders looking for a reliable broker with a wide range of instruments, competitive pricing, and user-friendly platforms. Their customer support is also top-notch, with various ways to get in touch and a comprehensive FAQ section. While their educational resources may not be as extensive as some other brokers, they still provide useful tools and market analysis to help traders stay informed. The only potential downside is the lack of proprietary trading platforms, but with MT4, MT5, and TradingView available, there's still plenty of options to choose from.
Is Eightcap regulated?
Yes, Eightcap is regulated by ASIC, FCA, CySEC, and SCB (Offshore).
What trading platforms does Eightcap offer?
Eightcap offers MetaTrader 4 (MT4), MetaTrader 5 (MT5), and TradingView.
What are the minimum deposit requirements for Eightcap?
The minimum deposit requirement for all account types is $100.
What is the maximum leverage available at Eightcap?
Up to 1:500.
Can I open a demo account with Eightcap?
Yes, Eightcap offers a 30-day demo account that allows traders to practice their trading strategies without risking real money.
What financial instruments can I trade at Eightcap?
You can trade 800+ CFDs on forex, commodities, indexes, shares, and cryptos.
Online trading carries substantial risk, potentially leading to the total loss of invested funds. It may not be appropriate for all traders or investors. It's crucial to fully comprehend the associated risks before engaging in trading activities.
Critical warning: Eightcap/易汇 shows active major licenses, but the record also contains a revoked VFSC status, offshore regulation, an FCA clone-company warning, and repeated user reports of blocked withdrawals, withheld profits, login failure, and deposits not arriving.
WikiFX
Eightcap holds top-tier regulatory licenses, but user data reveals a high volume of severe withdrawal complaints, platform freezing, and extreme slippage. Indian traders should exercise caution and verify they are not using an exposed clone site before depositing.
WikiFXEightcap has added simulated trading challenges and TradingView Plus access to its TradingView-linked accounts, subject to regional, account and activity requirements.
WikiFXEightcap UK offers free TradingView Plus subscription with new trading accounts, unlocking advanced features and seamless integration for UK traders.
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2026-07-24 07:26
