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EightCap review

EightCap review: regulation (Regulated in Australia by Australian Securities and…), minimum deposit 100, leverage up to 1:400, platforms and current bonuses.

4of 5
Open account
Minimum deposit100
Max. leverage1:400
Spread from0.1 Pips
Founded2015

Trading conditions

Broker type
ECN/STP
Minimum deposit
100
Maximum leverage
1:400
Minimum spread
0.1 Pips
Platforms
MetaTrader 4
Account currencies
GBP,EUR or More

Bonuses

No deposit bonus
No
Welcome bonus
Yes
Other promotions
Yes

Accounts and features

Demo account
Yes
Islamic account
No
Swap-free
Yes
Mini account
Yes
VIP account
Yes
Managed account
Yes
Segregated funds
Yes
Hedging and scalping
Yes
News trading
Yes
Mobile trading
Yes
Web trading
Yes

Deposits and withdrawals

Deposit methods
Credit card, CUP, Skrill, Poli, Wire transfer, Bpay
Withdrawal methods
Credit card, CUP, Skrill, Poli, Wire transfer, Bpay

Company

Regulation
Regulated in Australia by Australian Securities and Investments Commission (ASIC) under AFSL 391441
Founded
2015
Country
Australia
Address
Level 19,180 Lonsdale StreetMelbourne 3000 VIC Australia
Website languages
English, Chinese
Phone
（+61）383734
Email or Skype
[email protected]

EightCap pros and cons

Pros

  • Regulated by Regulated in Australia by Australian Securities and…
  • Low minimum deposit: 100
  • Raw spreads from 0.1 Pips
  • Scalping and hedging allowed
  • Free demo account
  • Trading platforms: MetaTrader 4

Cons

  • No no-deposit bonus at the moment
  • No Islamic (swap-free) account
  • Conditions and bonuses can differ by regulated entity

EightCap FAQ

Is EightCap a safe and regulated broker?

EightCap was founded in 2015 and is regulated by Regulated in Australia by Australian Securities and Investments Commission (ASIC) under AFSL 391441. Client funds are held in segregated accounts. Your protection depends on which EightCap entity opens your account.

What is the minimum deposit at EightCap?

The minimum deposit at EightCap is 100. Payment providers may set their own minimum amount.

What is the maximum leverage at EightCap?

EightCap offers leverage up to 1:400. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.

Does EightCap offer a no deposit bonus?

No. EightCap does not currently offer a no deposit bonus. It offers a welcome promotion: Yes. See our forex no deposit bonus list for brokers that do.

Which trading platforms does EightCap offer?

EightCap supports MetaTrader 4. Mobile trading is available.

Does EightCap allow scalping, hedging and news trading?

Yes. Scalping and hedging are allowed, and news trading is allowed.

Does EightCap offer an Islamic (swap-free) account?

No. EightCap does not list a swap-free Islamic account.

Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.

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EightCap – NoOpen account