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Getting your money out of Eightcap

If a broker ever fails, the questions are how your money was held and how fast it could come back. This is how Eightcap handles withdrawals today.

Regulation: ASIC (AFSL 391441); FCA (FRN 921296); CySEC (246/14); SCB Bahamas (SIA-F220); Seychelles FSA (SD100); Mauritius FSC (GB25204603). How Eightcap is regulated

Facts last checked . Read the full Eightcap review.

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

What this means

Withdrawals are stated at 1 business day for Skrill/Neteller; 1-5 business days for cards, PayPal and bank transfer, against Instant for cards, PayPal, Skrill and Neteller; bank transfer 1-5 business days; BPAY 1-2 business days for deposits. A gap between the two is normal and not in itself a warning sign - identity checks are a legal obligation, not obstruction. What is worth noticing is a withdrawal that keeps meeting new conditions after those checks are done.

Withdrawal routes: visa, mastercard, paypal, bank transfer, skrill, neteller, bpay and supported regional methods. Money is usually returned by the route it arrived on, so the deposit method you pick is in effect the withdrawal method you are picking too.

The minimum withdrawal is $50 for bank transfer, BPAY, Skrill and Neteller; no minimum for cards/PayPal - relevant if you intend to fund the account lightly, since it sets the smallest amount you can take out at a time.

Questions about Eightcap deposits and withdrawals

How do you withdraw from Eightcap?

Withdrawals from Eightcap are made by visa, Mastercard, PayPal, bank transfer, Skrill, Neteller, BPAY and supported regional methods. Most brokers return money by the method it arrived by, so the deposit method decides the withdrawal method.

How long does a Eightcap withdrawal take?

Eightcap records withdrawal times of 1 business day for Skrill/Neteller; 1-5 business days for cards, PayPal and bank transfer. The broker's processing time and the bank's or card issuer's time are separate, and the published figure is usually the broker's.

Is there a minimum withdrawal at Eightcap?

The minimum withdrawal at Eightcap is $50 for bank transfer, BPAY, Skrill and Neteller; no minimum for cards/PayPal.

Deposits and withdrawals at brokers under the same regulator

More about Eightcap