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Discover Eightcap: Your Trusted CFD Broker
High-quality services, unique ideas, innovative tools and competitive trading conditions, Trustpilot rating 4.3/5. We provide the best conditions for your best trading.
Updated 27-07-2024
Advantages and Disadvantages
Advantages
✓ Regulated by multiple authorities: ASIC, FCA, CySEC, SCB
✓ Wide range of trading instruments: Over 800 CFDs
✓ Advanced trading platforms: MT4, MT5, TradingView
✓ Innovative trading tools: Capitalise.ai, FlashTrader, AI-powered Economic Calendar
✓ No internal fees for deposits and withdrawals
✓ High Trustpilot rating: 4.3/5
✓ Flexible account types: Raw, Standard, TradingView
✓ Wide range of trading instruments: Over 800 CFDs
✓ Advanced trading platforms: MT4, MT5, TradingView
✓ Innovative trading tools: Capitalise.ai, FlashTrader, AI-powered Economic Calendar
✓ No internal fees for deposits and withdrawals
✓ High Trustpilot rating: 4.3/5
✓ Flexible account types: Raw, Standard, TradingView
Disadvantages
❌ Withdrawal review process: Can take 1-2 business days
❌ Potential third-party fees: For non-Australian banking institutions
❌ Limited leverage for certain account types
❌ Potential third-party fees: For non-Australian banking institutions
❌ Limited leverage for certain account types
Advantages
✓ Regulated by multiple authorities: ASIC, FCA, CySEC, SCB
✓ Wide range of trading instruments: Over 800 CFDs
✓ Advanced trading platforms: MT4, MT5, TradingView
✓ Innovative trading tools: Capitalise.ai, FlashTrader, AI-powered Economic Calendar
✓ No internal fees for deposits and withdrawals
✓ High Trustpilot rating: 4.3/5
✓ Flexible account types: Raw, Standard, TradingView
✓ Wide range of trading instruments: Over 800 CFDs
✓ Advanced trading platforms: MT4, MT5, TradingView
✓ Innovative trading tools: Capitalise.ai, FlashTrader, AI-powered Economic Calendar
✓ No internal fees for deposits and withdrawals
✓ High Trustpilot rating: 4.3/5
✓ Flexible account types: Raw, Standard, TradingView
Disadvantages
❌ Withdrawal review process: Can take 1-2 business days
❌ Potential third-party fees: For non-Australian banking institutions
❌ Limited leverage for certain account types
❌ Potential third-party fees: For non-Australian banking institutions
❌ Limited leverage for certain account types
About Eightcap
Eightcap is dedicated to supporting and funding talented traders worldwide by offering access to significant trading capital. Regulated by ASIC, FCA, CySEC, SCB broker stands out with its no trailing drawdowns, no time limits, free trial periods, and guaranteed payouts. Their goal is to create a win-win partnership where traders can maximize their earnings while Eightcap generates revenue by leveraging the expertise of professional traders.
Markets
With over 800 assets available, Eightcap ensures traders have a wide range of options to diversify their portfolios. Eightcap provides access to a variety of markets, including:
◉ Forex CFDs
◉ Commodity CFDs
◉ Crypto CFDs
◉ ndex CFDs
◉ Share CFDs
◉ Forex CFDs
◉ Commodity CFDs
◉ Crypto CFDs
◉ ndex CFDs
◉ Share CFDs
Trading Platforms
Eightcap offers powerful and feature-rich trading platforms including MT4, MT5 (app+webtrader) and TradingView. Each platform caters to different trading needs and preferences, providing advanced tools and functionalities to enhance the trading experience.
MetaTrader 4 (MT4)
MetaTrader 4 (MT4) is a multi-award-winning platform known for its user-friendly interface and robust features, making it one of the most popular trading platforms in the world.
Key Features of MT4:
◉ Advanced Charting: 30 built-in indicators, 2,000 free custom indicators, and over 700 paid indicators.
◉ Flexible Trading Systems: Trade with up to 6 types of pending orders and market execution.
◉ Trade with Robots: Utilize MT4’s Expert Advisors (EAs) to automate trading 24/7.
◉ Robust & Reliable: High security with 129-bit encryption, RSA digital signatures, and SSL certification.
◉ Customizable Interface: Tailor the platform to suit your trading style.
◉ Flexible Trading Systems: Trade with up to 6 types of pending orders and market execution.
◉ Trade with Robots: Utilize MT4’s Expert Advisors (EAs) to automate trading 24/7.
◉ Robust & Reliable: High security with 129-bit encryption, RSA digital signatures, and SSL certification.
◉ Customizable Interface: Tailor the platform to suit your trading style.
MetaTrader 5 (MT5)
MetaTrader 5 (MT5) is an enhanced version of MT4, offering additional features and improvements, ideal for traders seeking advanced trading tools and a broader range of assets.
Key Features of MT5:
◉ Expanded Market Depth: Access detailed market depth information.
◉ More Timeframes: Offers 21 different timeframes for detailed analysis.
◉ Advanced Order Types: Includes stop-limit orders and more.
◉ Economic Calendar: Integrated calendar with over 600 macroeconomic indicators from 15 global economies.
◉ Improved Strategy Tester: Test and optimize trading strategies using historical data.
◉ More Timeframes: Offers 21 different timeframes for detailed analysis.
◉ Advanced Order Types: Includes stop-limit orders and more.
◉ Economic Calendar: Integrated calendar with over 600 macroeconomic indicators from 15 global economies.
◉ Improved Strategy Tester: Test and optimize trading strategies using historical data.
TradingView
TradingView is an award-winning platform renowned for its advanced charting and social trading features, offering a seamless trading experience.
Key Features of TradingView:
◉ Advanced Charting Tools: Over 100 pre-built indicators and 15+ customizable chart types.
◉ Trade Directly from Charts: Execute trades directly from TradingView charts.
◉ Proprietary Pine-Script Language: Create custom indicators and strategies.
◉ Social Network for Traders: Join the world’s largest trading community.
◉ Mobile Trading: Connect your Eightcap account to the TradingView mobile app.
◉ Trade Directly from Charts: Execute trades directly from TradingView charts.
◉ Proprietary Pine-Script Language: Create custom indicators and strategies.
◉ Social Network for Traders: Join the world’s largest trading community.
◉ Mobile Trading: Connect your Eightcap account to the TradingView mobile app.
Compare Platforms
Find out which platform best suits your needs.
Account Types
Eightcap provides flexible account types tailored to different trading needs:
Raw Account: Ideal for forex CFD traders, offering spreads as low as 0.0 pips with a minimum deposit of $100.
Standard Account: No commission with spreads as low as 1.0 pips, suitable for all traders with a minimum deposit of $100.
TradingView Account: Access to the world's largest trading network with advanced charting and ultra-low spreads.
Demo Account: Eightcap offers demo accounts for traders to practice in a risk-free environment. Demo accounts expire after 30 days or 5000 orders but can be extended for active funded live account holders.
Which Account is Best for You?
Additional Information
◉ Costs/Fees: Eightcap does not charge fees on FX or CFD products. However, overnight positions may incur fees. For detailed information, refer to the All Instruments list on the website.
◉ EA/Trading Robots: Eightcap supports the use of Expert Advisors (EA) on MT4 and MT5 platforms, though support for these automated strategies is not provided by Eightcap.
◉ Pricing Source: Prices are derived from top-tier liquidity providers, ensuring competitive and accurate pricing.
◉ EA/Trading Robots: Eightcap supports the use of Expert Advisors (EA) on MT4 and MT5 platforms, though support for these automated strategies is not provided by Eightcap.
◉ Pricing Source: Prices are derived from top-tier liquidity providers, ensuring competitive and accurate pricing.
How to Register with Eightcap
Follow these simple steps to create your trading account:
- Visit the Website: Go to the Eightcap website
- Start Registration: Click on the "Create Account" button.
- Enter Personal Details:
- Country: Select your country from the dropdown menu.
- First Name: Enter your first name.
- Last Name: Enter your last name.
- Email: Provide a valid email address.
- Password: Create a strong password for your account.
- Phone Number: Enter your phone number.
Create Account: Click on the "Create Account" button to complete the registration process.
Insights
Get more knowledge in one place. We have collected even more useful insights, ideas, videos and articles for traders to improve trading and increase earnings.
Get Inspired with Eightcap Trade Zone
Find your next trading opportunity with the Eightcap Trade Zone. Our world-renowned experts provide weekly trade ideas, comprehensive market forecasts, and mid-week commentary webinars. Stay ahead of the curve with insightful market analysis designed to inspire and inform your trading decisions.
Trade Zone Features:
◉ Weekly Trade Ideas: Expert recommendations to guide your trading strategies.
◉ Market Forecasts: Stay informed with predictions on market trends.
◉ Mid-Week Commentary: Gain valuable insights from our experts with regular webinars.
◉ Market Forecasts: Stay informed with predictions on market trends.
◉ Mid-Week Commentary: Gain valuable insights from our experts with regular webinars.
Develop Your Skills with Eightcap Labs
Bridge the gap between theory and practice with Eightcap Labs. Our platform is dedicated to helping you trade more effectively by providing a wealth of knowledge and resources. Whether you’re a beginner or an experienced trader, Eightcap Labs offers the tools you need to enhance your trading skills.
Eightcap Labs Offerings:
◉ Trading Fundamentals: Comprehensive guides to get you started in the world of trading.
◉ Trading Strategies: Learn from experienced trading professionals and develop effective strategies.
◉ E-books & Guides: Access lectures, advice, and insights from top trading experts.
◉ Trading Strategies: Learn from experienced trading professionals and develop effective strategies.
◉ E-books & Guides: Access lectures, advice, and insights from top trading experts.
Events & Webinars: Interactive Live Sessions
Join our interactive live events and webinars to learn the fundamentals of trading from guest analysts and industry experts. Engage with a community of like-minded traders and stay informed with actionable analysis and insights. Our live sessions are designed to keep you ahead in the trading world, providing you with the knowledge and skills to succeed.
Events & Webinars Features:
◉ Live Events: Regular sessions with guest analysts to teach trading fundamentals.
◉ Community Engagement: Connect with other traders and share experiences.
◉ Actionable Analysis: Receive up-to-date analysis and insights from industry experts.
◉ Community Engagement: Connect with other traders and share experiences.
◉ Actionable Analysis: Receive up-to-date analysis and insights from industry experts.
Deposit Options
Eightcap offers a variety of deposit methods, ensuring accessibility and convenience for all traders:
◉ Mastercard | Visa
◉ PayPal
◉ Wire Transfer
◉ BPAY
◉ Union Pay
◉ Skrill
◉ Neteller
◉ Orbital
◉ HAYVN Pay
◉ Interac
◉ Fasapay
◉ PIX
◉ DragonPay
◉ PSP (Virtual Account)
Deposits are typically instant, and the broker does not charge any internal fees for deposits.
◉ Mastercard | Visa
◉ PayPal
◉ Wire Transfer
◉ BPAY
◉ Union Pay
◉ Skrill
◉ Neteller
◉ Orbital
◉ HAYVN Pay
◉ Interac
◉ Fasapay
◉ PIX
◉ DragonPay
◉ PSP (Virtual Account)
Deposits are typically instant, and the broker does not charge any internal fees for deposits.
Withdrawal Options
Withdrawals are processed efficiently, usually within 1-2 business days. The finance team reviews each request to ensure security and compliance. Traders can initiate withdrawals through the Client Portal.
Conclusion
Eightcap is a globally recognized CFD broker, providing exceptional financial services since 2009. Based in Melbourne, Australia, Eightcap offers a comprehensive trading experience with access to over 800 CFD markets. Eightcap stands out as a reliable CFD broker with low spreads, offering advanced tools, such as Capitalise.ai, FlashTrader, AI-powered Economic Calendar, 4 account types,including demo and excellent customer support. Whether you're a beginner or an experienced trader, Eightcap provides the resources and platforms needed to succeed in the trading world.
FAQ
Is Eightcap Legit?
Yes, Eightcap is a fully legitimate and regulated broker. It is overseen by multiple regulatory bodies, including ASIC, FCA, CySEC, and SCB. With a Trustpilot rating of 4.3/5, Eightcap has earned the trust of traders worldwide.
How to Use Eightcap?
Using Eightcap is straightforward. As a CFD broker, trading is done through platforms like MT4, MT5, and TradingView. To start, register an account, make a deposit, and begin trading on a wide range of assets including forex, commodities, indices, and cryptocurrencies.
What Can I Trade On at Eightcap?
Eightcap offers a wide array of trading instruments. You can trade forex pairs, commodities, cryptocurrencies, indices, and share CFDs. With over 800+ assets available, traders have ample opportunities to diversify their portfolios.
Does Eightcap Offer A Demo Account?
Yes, Eightcap offers a free demo account. You can practice trading in a risk-free environment with virtual currency.
How Much Capital Do I Need To Trade With Eightcap?
You can start trading with Eightcap with a minimum deposit of $100. The minimum trade size is 0.01 lots, making it accessible for traders with varying capital sizes.
How Long Does an Eightcap Deposit Take?
Deposit processing times at Eightcap depend on the chosen payment method. Most deposits are processed instantly. However, bank transfers may take from 3 to 45 working days, depending on the banks involved.
How Much Can I Withdraw from Eightcap?
You can withdraw up to the balance available in your Eightcap trading account. The amount available for withdrawal is determined by the current balance in your account at the time of the request.
How Long Does an Eightcap Withdrawal Take?
Withdrawal requests at Eightcap are typically processed within 1-2 business days. After processing, the funds will be transferred to your selected payment method, with additional time depending on the provider.