Eightcap Review

Some brokers try to be everything to everyone. Eightcap has taken the opposite route, building much of its identity around one partner platform, TradingView, and one fast-moving asset class, crypto CFDs. This Eightcap review considers whether that focus produces a better experience or simply a narrower one.

Who Is Behind Eightcap?

Eightcap started in Melbourne in 2009 and spent its first years as a MetaTrader-centric Australian broker before expanding to the UK, Europe and international markets. Today the group operates six regulated companies:

• Eightcap Pty Ltd, licensed by ASIC under AFSL 391441
• Eightcap Group Ltd, authorised by the UK FCA (FRN 921296)
• Eightcap EU Ltd, regulated by CySEC (246/14)
• Eightcap Global Limited, licensed by the Securities Commission of The Bahamas (SIA-F220)
• Eightcap International Trading, licensed by the FSC Mauritius
• Eightcap International Ltd, licensed by the FSA Seychelles (SD100)

Clients in Australia, the UK and the EU receive the protections of those regimes, including the 1:30 retail leverage cap on major currency pairs. International traders are usually onboarded offshore, most commonly through the Bahamas entity, where leverage reaches 1:500 but investor safeguards are thinner.

Two points of caution deserve mention. Eightcap has carried out a client remediation programme connected to self-reported breaches in Australia, including clients being given leverage beyond ASIC’s 1:30 limit. Regulators including CySEC, the FCA and Ontario’s OSC have also published warnings about clone websites impersonating the brand, so always confirm you are on the genuine domain.

Two Accounts, One Choice That Matters

Both accounts open with $100 and trade from 0.01 lots:

• Standard: spread-only, from about 1.0 pip on EUR/USD.
• Raw: spreads from 0.0 pips plus $3.50 per side per standard lot, or $7 round turn.

For anyone trading more than occasionally, Raw is usually the cheaper route. Seven base currencies, including AUD, USD, EUR, GBP, NZD, CAD and SGD, help reduce conversion costs. Deposits are generally free, while some withdrawal methods such as international wires can incur bank charges. There are no Islamic accounts.

The TradingView Angle

Eightcap was among the earlier brokers to integrate fully with TradingView, and it leans into that link. Clients who trade at least six lots a month in forex or metals can receive a free TradingView Plus subscription, and UK clients have had TradingView Pro included since late 2024. In fact, the UK entity offers TradingView only. Elsewhere, MetaTrader 4 and MetaTrader 5 are available, though EU clients get MT5 rather than MT4, and TradeLocker was added in 2026 for clients of the offshore entities. There is no proprietary Eightcap platform and no built-in copy-trading service.

What You Can Trade

The range runs to around 800 instruments: about 56 forex pairs, 16 indices, 16 commodities, nearly 600 share CFDs and more than 120 cryptocurrency CFDs. That crypto list is one of the deepest among regulated forex brokers, though crypto CFDs are barred for UK retail clients. A 24/7 gold contract, GOLD247, is available with leverage up to 1:20. Traders looking for real shares, options or futures will need another provider.

Funding Options

Visa, Mastercard, PayPal, Skrill, Neteller and bank wire are widely accepted, with BPAY for Australians and additional local and crypto methods at offshore entities.

Strengths and Gaps in Brief

Eightcap’s strengths are competitive Raw pricing, first-class TradingView support and crypto coverage, all under three Tier-1 or Tier-1-adjacent regulators. Its gaps are a modest overall market list, little structured education and a platform menu that depends heavily on where you live.

Final Word

For chart-driven traders who live in TradingView or want broad crypto CFD access at a low cost, Eightcap is a sensible fit, provided they check which entity will hold their account.

Crypto and forex CFDs are volatile, leveraged instruments, and it is easy to lose more than planned without strict risk limits.

Eightcap FAQ

Risk warning: Trading forex and CFDs on margin carries a high level of risk. Bonus terms are set by each broker and may change; always check the broker's official terms before claiming.