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Eightcap fees, after the safety questions
Cost is the last thing to weigh when the question is whether your money is safe, so this page comes after the regulation page and reads in that light.
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.
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
What this means
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.
Questions about Eightcap fees
Does Eightcap charge to deposit or withdraw?
Deposit fees at Eightcap: None internally. Withdrawal fees: None internally.
Does Eightcap charge an inactivity fee?
Eightcap's inactivity fee is recorded as 10 units of base currency/month after 3 months inactivity.
What does Eightcap charge to hold a position overnight?
Overnight financing at Eightcap is recorded as both: overnight swaps apply; swap-free arrangements available.
Fees at brokers under the same regulator
- Plus500 fees also licensed by ASIC
- ATFX fees also licensed by ASIC
- ThinkMarkets fees also licensed by ASIC
- IC Markets fees also licensed by ASIC
- FxPro fees also licensed by FCA