Eightcap Review
Eightcap's real advantage is what it does not charge: no withdrawal fee, no inactivity fee and a 100 USD minimum deposit. Raw spreads start at 0.0 pips with 7 USD round-turn commission across 800+ markets on MT4, MT5, TradingView and TradeLocker. It holds six licences — but only Australian, UK and EEA residents are onboarded by the ASIC, FCA or CySEC entity. Everyone else trades offshore.
Regulated by ASIC, FCA and CySEC
Spreads from 0.0 pips
$100 Minimum Deposit
MT4, MT5, TradingView and TradeLocker
Eightcap at a Glance: Key Facts and Figures
Who Is Eightcap and Who Owns It?
Is Eightcap Regulated? Licences and Client Protection
Eightcap Trustpilot Rating and What Traders Say
What Can You Trade with Eightcap?
Eightcap Account Types and Spreads Compared
Standard Account
Raw Account
TradingView Account
Eightcap Demo Account: How to Open One
Best Eightcap Alternatives
IC Markets
Pepperstone
FP Markets
Axi
Other Australian brokers we have reviewed include FXTrading.com, Global Prime and Blueberry Markets.
Eightcap Trading Platforms
MetaTrader 4
MetaTrader 5
TradingView Integration
TradeLocker
Eightcap Fees and Commissions: What You Actually Pay
Spreads and Leverage Limits by Entity
Commissions
Other Costs: Inactivity, Withdrawal, Swap and Conversion
Restricted Countries: Who Eightcap Will Not Accept
Video Reviews from Independent Traders
Eightcap Pros and Cons
Which Eightcap Entity Will You Be Onboarded With?
Eightcap is one brand with six licensed companies behind it, and the one that opens your account decides your leverage cap and your protection. Eightcap does not publish a country-by-country map, but it does publish which regulator each company answers to.
| Regulator | Entity and licence | Who it onboards | Max retail leverage |
|---|---|---|---|
| ASIC (Australia) | Eightcap Pty Ltd — AFSL 391441 | Australian residents | 1:30 |
| FCA (UK) | Eightcap Group Ltd — FRN 921296 | UK residents | 1:30 |
| CySEC (Cyprus) | Eightcap EU Ltd — CIF 246/14 | EEA residents | 1:30 |
| SCB (Bahamas) | Eightcap Global Ltd — SIA-F220 | Most other countries | up to 1:500 |
| FSA (Seychelles) | Eightcap International Ltd — SD100 | Most other countries | up to 1:500 |
| FSC (Mauritius) | Eightcap International Trading — GB25204603 | Most other countries | up to 1:500 |
What this means for you. If you do not live in Australia, the UK or the EEA, you will almost certainly be onboarded by one of the three offshore companies. You get the higher leverage — and none of the ASIC, FCA or CySEC protections that this broker leads with. Negative-balance protection is entity-dependent, and Eightcap says so itself.
Trading from Thailand? Eightcap runs a Thai-language site and accepts Thai QR deposits from $20 to $4,500, with withdrawals paid instantly up to $300,000 — the fastest withdrawal route it offers anywhere. What it does not offer is a THB account: the seven base currencies are AUD, CAD, EUR, GBP, NZD, SGD and USD, so baht is converted on the way in and again on the way out, and Eightcap does not publish the conversion rate it uses.
Entity names, licence numbers, payment limits and base currencies were read from Eightcap's own About Us, Payments and Account Options pages on 17 September 2026.
Eightcap Account Types and Pricing
Eightcap keeps pricing simple — two live account types, same $100 minimum, no hidden platform fees.
| Account | EURUSD spread | Commission | Min deposit | |
|---|---|---|---|---|
| Standard | from 1.0 pip | None | $100 | Open Account |
| Raw ★ | from 0.0 pips | $3.50/side | $100 | Open Account |
| TradingView | from 0.0 pips | $3.50/side | $100 | Open Account |
Cost per lot (EURUSD): Raw ≈ $7 all-in round turn vs Standard ≈ $10 (1 pip). Active traders save with Raw; casual traders may prefer Standard's simplicity. Commission is charged in your base currency — $3.50 per side on AUD, USD, NZD, SGD and CAD accounts, GBP 2.25 on a sterling account and EUR 2.75 on a euro one.
The same on both accounts: 0.01–100 lot trade size, 80% margin call, 50% stop-out, 800+ instruments, scalping allowed, and base currencies of AUD, CAD, EUR, GBP, NZD, SGD or USD. Eightcap's account-options page currently lists only Standard and Raw as live account types — the TradingView account is Raw pricing dealt from TradingView charts, not a third fee structure. Checked 17 September 2026.
Eightcap vs IC Markets vs Pepperstone
How does Eightcap stack up against the ECN brokers traders most often compare it with?
| Metric | Eightcap | IC Markets | Pepperstone |
|---|---|---|---|
| Raw EURUSD spread | 0.0 pips | 0.0 pips | 0.0 pips |
| Commission (round turn) | $7 | $7 | $7 |
| Min deposit | $100 | $0 | $0 |
| Regulation | ASIC·FCA·CySEC | ASIC·CySEC | ASIC·FCA·CySEC·DFSA |
| Platforms | MT4/5·TV·TradeLocker | MT4/5·cTrader·TV | MT4/5·cTrader·TV |
| Trustpilot | 4.1/5 | 4.6/5 | 4.6/5 |
Verdict: Eightcap matches the top ECN brokers on raw pricing and adds TradingView dealing. IC Markets and Pepperstone edge ahead on Trustpilot volume and platform choice (cTrader). Where Eightcap separates itself is at the cashier: it charges nothing to withdraw, on any method, and nothing for sitting idle.
Spreads, commissions and minimum deposits in this table were checked on each broker's own site on 17 September 2026. Raw spreads are minimums, not averages — all three brokers quote wider spreads most of the trading day.
Our Verdict: Who Should Use Eightcap?
Eightcap is one of the more established names in online CFD trading — founded in Melbourne in 2009 and now regulated across four tier-1 and offshore jurisdictions (ASIC, FCA, CySEC and the SCB), serving 80,000+ clients in 140+ countries.
What makes Eightcap stand out: raw spreads from 0.0 pips with a flat $3.50-per-side commission, a low $100 minimum deposit, and a genuine four-platform line-up — MetaTrader 4, MetaTrader 5, TradingView and TradeLocker. There are no inactivity or withdrawal fees, and the broker has won industry recognition for its TradingView and crypto-CFD offering.
What to weigh: Eightcap does not accept US residents, and its headline 1:500 leverage only applies to the offshore entity — ASIC, FCA and CySEC clients are capped at 1:30 by regulation. As with any CFD broker, spreads can widen during high-impact news.
Bottom line: for a cost-conscious trader who wants tier-1 regulation, tight raw pricing and TradingView dealing in one account, Eightcap is a strong, well-rounded choice.
Eightcap Fees, Funding and Withdrawal Times
Eightcap charges nothing of its own to move money in or out. The number that actually matters is how long it takes — and there is a step most review sites leave out.
What Eightcap Charges
| Fee | Standard | Raw |
|---|---|---|
| EUR/USD spread from | 1.0 pip | 0.0 pips |
| Commission (FX and metals) | None | $3.50 per side / $7 round turn |
| Commission on a GBP / EUR account | None | GBP 2.25 / EUR 2.75 per side |
| Indices and crypto | Spread only — BTCUSD minimum spread is 270 points on both accounts | |
| Account fee | $0 | |
| Inactivity fee | $0 — no time limit stated | |
| Deposit fee | $0 | |
| Withdrawal fee | $0 on every method | |
| Swap / overnight financing | Charged, but no rate card published | |
| Currency conversion | Applies off base currency; percentage not published | |
How Long a Withdrawal Really Takes
Every withdrawal goes to Eightcap's finance team for review first, and Eightcap states that review takes 1–2 business days. The processing times below start after that. So a card withdrawal is realistically three to seven business days end to end, not two to five.
| Method | Deposit | Withdrawal (after review) | Fee | Limits |
|---|---|---|---|---|
| Mastercard / Visa | Instant | 2–5 business days | $0 | $100–$50,000 in, no limit out |
| PayPal | Instant | 1–5 business days | $0 | $100–$10,000 in, no limit out |
| Bank / wire transfer | 1–5 business days | 1–5 business days | $0 | USD 25 / EUR 20 minimum out |
| BPAY (Australia) | Instant | 1–3 business days | $0 | USD 25 / EUR 20 minimum out |
| Skrill | Instant | 1 business day | $0 | $50–$50,000 |
| Neteller | Instant | 1 business day | $0 | $50–$50,000 |
| Crypto | Instant | Instant | $0 | $50 minimum |
| Thai QR (Thailand) | Instant | Instant | $0 | $20–$4,500 in, $20–$300,000 out |
| UnionPay (China) | Instant | 1 business day | $0 | $450–$10,000 in, $150–$5,000 out |
| PIX (Latin America) | Instant | 1–5 business days | $0 | $100–$10,000 in, $20 minimum out |
| Interac (Canada) | Instant | 1–5 business days | $0 | $100–$3,000 in, $50 minimum out |
| Regional wallets (ID, MY, PH, VN) | Instant | 1 business day | $0 | Varies, $20 minimum out |
Three conditions worth knowing before you fund. Withdrawals are paid back through the method you deposited with; if you used several and one was a card, Eightcap may return funds to that card first regardless of what you asked for. Eightcap charges nothing, but your bank or wallet may charge you at their end. And Eightcap can ask for proof of identity and address before releasing a withdrawal, which adds time on a first payout.
Every figure in both tables was read from Eightcap's own Payments and Make a Withdrawal pages on 17 September 2026. We have not yet timed a withdrawal ourselves — when we do, the measured figure will be published here alongside the broker's stated one.
Eightcap FAQs
Everything traders ask before opening an Eightcap account - regulation, costs, platforms, withdrawals and which entity will hold your money.