The safety dossier

Safety first

Eightcap review

Who regulates Eightcap, under which licence, and what that means for your money.

Last checked

Eightcap carries the protections that decide what happens to your balance if the firm fails, though not every entity it operates carries the same ones, and which you get depends on where you live. Regulated by ASIC (AFSL 391441); FCA (FRN 921296); CySEC (246/14); SCB Bahamas (SIA-F220); Seychelles FSA (SD100); Mauritius FSC (GB25204603), offering MetaTrader 4, MetaTrader 5, TradingView, TradeLocker.

Our rating

★★★★½

One rating, identical across our sites - only the way it is shown changes. It averages six assessments: regulation, trading costs, platforms, markets, support and education.

Regulation and safety

Regulated by
ASIC (AFSL 391441); FCA (FRN 921296); CySEC (246/14); SCB Bahamas (SIA-F220); Seychelles FSA (SD100); Mauritius FSC (GB25204603)
Regulator tier
Tier 1
Register entry
ASIC Professional Registers, AFSL 391441
Client money segregated
Yes
Held at
Regulated banking institutions
Negative balance protection
Yes, retail clients
Compensation scheme
FSCS up to £85,000 for eligible UK clients; ICF up to €20,000 for eligible EU clients
Audited by
Independent external auditors
Not available to
United States and other jurisdictions where services are prohibited or restricted

The licence is what decides where your money sits and who is obliged to do something about it.

Eightcap holds tier-one authorisations from ASIC, FCA and CySEC. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.

It also operates an offshore entity (FSC, SCB and FSA). Which one you are onboarded to depends on where you live, and the two carry very different protections - worth confirming before you deposit.

ASIC caps retail leverage at 1:30, requires negative balance protection, and obliges the broker to hold client money in a separate trust account.

The FCA caps retail leverage at 1:30, mandates negative balance protection, and covers eligible clients under the Financial Services Compensation Scheme.

CySEC licences passport across the EU and follow the 1:30 retail leverage cap, with the Investor Compensation Fund covering eligible claims.

Check the licence yourself: ASIC Connect, the FCA Register, the CySEC register of investment firms, the Seychelles FSA list of regulated entities, the Mauritius FSC register of licensees.

The company behind the brand

Legal entity
Eightcap Pty Ltd
Company number
ACN 139 495 944 / ABN 73 139 495 944
Headquarters
Melbourne, Australia
Founded
2009
Publicly listed
No
Parent company
Eightcap Holdings Pty Ltd
Employees
240+
Also trades as
Eightcap

What it costs to trade

Spread from
0.0 pips
EUR/USD spread
Approx. 0.06 pips, Raw
GBP/USD spread
Approx. 0.2 pips, Raw
Commission
$3.50 per side / $7 round turn, Raw
All-in cost, EUR/USD
Approx. 0.76 pips
Spread type
Variable
Overnight swap
Both: overnight swaps apply; swap-free arrangements available
Inactivity fee
10 units of base currency/month after 3 months inactivity
Deposit fee
None internally
Withdrawal fee
None internally
Currency conversion
Conversion rate/fee applies where currencies differ

Cost is the last thing to weigh here, and never the thing that should decide it.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Eightcap lists a minimum deposit of $100. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Platforms and tools

Platforms
MetaTrader 4, MetaTrader 5, TradingView, TradeLocker
Own platform
No
Mobile app
Third-party
Browser trading
Yes
Automated trading
Yes; MT4/MT5 Expert Advisors and automated trading supported
Copy trading
Yes, through supported third-party integrations
Indicators
100+ via TradingView; 30+ MT4; 38+ MT5
Third-party tools
TradingView, Capitalise.ai, FlashTrader, Acuity
API access
Yes, institutional/API solutions

MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.

MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.

TradingView integration lets you trade from charts you may already use, removing the need to run a second platform for analysis.

Markets and execution

Markets
Forex, Shares, Indices, Commodities, Cryptocurrencies
Currency pairs
40+
Total instruments
850+
Crypto CFDs
Yes
Maximum leverage
1:30
Execution model
Market execution / STP-style CFD execution
Execution speed
Approx. 30ms
Order types
Market, limit, stop, stop-loss, take-profit, trailing stop
Servers
Equinix data-centre infrastructure, including New York and London

Leverage is capped at 1:30, which is the retail limit under tier-one regulation. It is a protection rather than a restriction: it caps how quickly a position can move against your balance.

Eightcap covers forex, shares, indices, commodities, cryptocurrencies. A wider range matters less than depth in the instruments you actually trade.

Funding options: visa, mastercard, paypal, bank transfer, skrill, neteller, bpay and regional methods. Check withdrawal routes as well as deposit ones - they are often not the same, and the difference only becomes apparent when you try to take money out.

Accounts

Minimum deposit
$100
Account types
Standard, Raw, Professional, Demo
Account currencies
AUD, CAD, EUR, GBP, NZD, SGD, USD
Islamic account
No dedicated Islamic account
Demo account
Yes
Professional account
Yes, Eightcap Pro
Minimum trade size
0.01 lots
Time to open
Typically a few minutes, subject to verification

Deposits and withdrawals

Deposit methods
Visa, Mastercard, PayPal, bank transfer, Skrill, Neteller, BPAY and regional methods
Withdrawal methods
Visa, Mastercard, PayPal, bank transfer, Skrill, Neteller, BPAY and supported regional methods
Deposit time
Instant for cards, PayPal, Skrill and Neteller; bank transfer 1-5 business days; BPAY 1-2 business days
Withdrawal time
1 business day for Skrill/Neteller; 1-5 business days for cards, PayPal and bank transfer
Minimum withdrawal
$50 for bank transfer, BPAY, Skrill and Neteller; no minimum for cards/PayPal
Local payment methods
BPAY; Interac; PIX; UnionPay; Thai QR; regional Asian banking/payment methods

Support and education

Support hours
24/5
Contact channels
Live chat, email, phone
Languages
Multilingual
Telephone
+61 3 8375 9700
Email
customerservice@eightcap.com
Live chat response
Typically under 2 minutes
Education
Extensive: Trader Toolkit, educational guides, platform tutorials, webinars and trading education
Research
Market Insights, market analysis, trend commentary, Acuity AI tools and FXStreet news

Information is regularly updated. Last compiled from Eightcap's own website on 26 August 2026.

Questions people ask about Eightcap

What happens to my money if Eightcap goes bust?

Eightcap sits behind FSCS up to £85,000 for eligible UK clients; ICF up to €20,000 for eligible EU clients. A scheme covers eligible clients of the entity that holds the licence, so the entity you were onboarded to decides whether it covers you.

Is my money kept separate from Eightcap's own?

Yes. Eightcap holds client money in accounts kept apart from the firm's own. Segregation is what stops a broker's creditors reaching your balance if the firm fails, which is why it matters more than any headline spread. We do not hold the name of the bank it uses.

Can I lose more than I deposit with Eightcap?

Eightcap provides negative balance protection, recorded as yes, retail clients. So it exists and it does not reach every client, and which entity you were onboarded to decides whether it reaches you.