Eightcap

Eightcap, operating in the market for over 14 years, is one of the major global brokers regulated by the authoritative bodies ASIC (391441) and SCB (SIA-F220). Registration in Seychelles and the Bahamas emphasizes the company’s international presence and, despite the offshore addresses, the seriousness of intentions is confirmed by the strict regulators.

In terms of trading conditions, Eightcap offers some of the lowest spreads in the industry, starting from 0 pips on raw spread accounts. This information is openly available on the broker’s website, which confirms its transparency. In addition, Eightcap offers more than 800 CFDs, including an extensive selection of cryptocurrency contracts, which is a significant advantage over other brokers.

However, the company does not provide opportunities for passive earnings, including the absence of a referral program, which can be considered a disadvantage for clients who prefer less active investment strategies. Trading is possible through the popular MT4 and MT5 platforms, available on both desktop and mobile devices, as well as through the TradingView web platform.

Eightcap is valued by clients for its transparent terms and conditions, wide range of instruments and high level of customer support, although it is not available on weekends. All this makes the company a reliable partner for traders seeking to maximize their opportunities in the global financial markets.

At most brokers, the minimum deposit size depends on the chosen account type, and can range from 10 to 1000 dollars. However, in Eightcap the conditions are much simpler: regardless of the account type, the minimum deposit is 100 dollars. This means that traders can start trading by depositing this amount of money, and then focus on their trading preferences and minimum transaction limits, which are 0.01 standard lots.

The leverage in Eightcap also does not depend on the type of account and is determined by the selected asset, with the highest leverage available for currency pairs, reaching 1:500. This level of leverage significantly increases the profit potential, although it is associated with increased risks.

In terms of customer support, Eightcap offers prompt responses via phone, email and online chat. Particularly valuable is the fact that the support team is available 24/7 and provides services in multiple languages, although it is worth noting that it is not available on weekends.

• Trading platform

  MetaTrader 4, MetaTrader 5, TradingView

• Accounts

  Demo, Standard, Raw

• Account currency

  AUD, USD, GBP, EUR, NZD, CAD, SGD

• Deposit/withdrawal

  Visa, MasterCard, POLI, Wire Transfer, BPAY, UnionPay, Skrill, Neteller, crypto wallets BTC и ETH, PayPal, WorldPay, FasaPay, PayRetailers, PSP

• Minimum deposit

  100 dollars

• Leverage

  Up to 1:500

• PAMM accounts

  no

• Minimum order

  0.01 lots

• Spread

  Floating, from 0 or 1 pip depending on account type

• Instruments

  CFDs on currency pairs, cryptocurrencies, indices, stocks, commodities, precious metals

• Margin call / Stop out

  80%/50%

• Liquidity provider

  no data

• Mobile trading

  yes

• Affiliate program

  no

• Order execution

  no data

• Trading features

  Free demo for 30 days, accounts with standard and raw spread, minimum deposit only 100 dollars, more than 800 assets in the pool, great leverage, quality training, a lot of current analytics, special tools for technical and fundamental analysis.

• Contests and bonuses

  -

Brokers need to make a profit in order to remain financially sustainable and provide quality services to traders. Thus, platforms often set spreads and trading commissions as the main sources of revenue, sometimes charging both types of fees at the same time. Eightcap gives its clients the option to choose between two types of accounts: one with a raw spread, which is lower than the standard spread and includes a small commission of $3.5 per standard lot, and one with a standard spread starting at 1 pip, with no commission.

Such conditions are more favorable compared to many competitors. However, it is important to take into account the peculiarities of the floating spread, which depends on the market situation and can change significantly.

The issues of financial costs are not limited only to spreads and commissions. Traders also pay attention to possible withdrawal fees. Although Eightcap does not charge a commission for forming a withdrawal request, it is worth remembering that additional fees may be taken by other participants of the payment process, such as banks, crypto wallets or online transfer systems. This aspect should be taken into account in advance to avoid unexpected financial losses.

Eightcap Global Limited, founded in 2009, operates the Eightcap brand. The company is registered and based in the Bahamas and Seychelles, and is subject to local regulatory supervision. The broker has a developed technological infrastructure, which is confirmed by the speed of order execution in the range of 30-50 milliseconds. In addition, Eightcap provides virtual dedicated servers to improve the performance of trading platforms, and traders can rent a private server at an affordable price – a service not always available with other brokers.

Eightcap is distinguished by innovative solutions such as Capitalise.ai, an advanced analytical tool that allows to automate trading and minimize risks. The broker’s economic calendar is also unique thanks to its integration with a self-learning system emphasizing the most important events with the ability to filter by region and time frame.

Eightcap in numbers:

• Minimum spread: from 0 pips;
• Minimum deposit: 100 dollars;
• Range of financial instruments: more than 800;
• Maximum leverage: 1:500;
• Number of customers: 30 million.

Eightcap is a choice for beginners and professionals alike. The number of CFD contracts available is impressive, providing traders with opportunities to diversify their portfolio and apply different trading strategies. Beginners can take advantage of the extensive training material available in various formats.

Eightcap’s useful services:

• Capitalise.ai: An integrated analytical tool for partial or full automation of trading.
• Crypto Crusher: A specialized service for cryptocurrency markets, providing accurate trading signals.
• AI-powered Economic Calendar: A calendar with the ability to filter events by region and time frame.

How to start earning: Choosing an account with Eightcap depends on a trader’s preference for spreads and commissions. A variety of trading terminals including MT4, MT5 and TradingView are available for user convenience, and extensive educational resources are available to help beginners master trading.

Withdrawals: Withdrawals are made through various channels with no withdrawal fees and funds are received within a few days.

Support service: Highly appreciated by traders for efficiency and competence, available in 24 languages, but functions only on weekdays.

Eightcap provides a wide range of tools and services, making it a suitable choice for traders of all experience levels.

Step-by-step guide to registering on the Eightcap platform

Step 1: Visit the website and start registration
Go to the official website of Eightcap broker. In the top right corner of the screen, select your preferred interface language. Click the “Open Account” or “Register” button to start registration.

Step 2: Filling out basic information
Enter your personal information, including your country of residence, first name, last name, e-mail address and contact phone number. Set a password for your account and confirm its creation by clicking on the “Open Account” button.

Step 3: Account Activation
You will receive an e-mail with a link to activate your account. Follow the link to complete registration and log in to your personal cabinet.

Step 4: Supplementing personal data
In your personal cabinet, supplement your personal data by entering your date of birth, place of registration and taxpayer identification number. Click “Next” to continue.

Step 5: Customize your trading account
Select your preferred trading terminal, spread type, account currency and leverage level. Continue customization by clicking “Next”.

Step 6: Accepting the terms of cooperation
Read the terms of service and check the required boxes to confirm your agreement. Confirm your consent by clicking the “Fully Confirm” button.

Step 7: Verification Process
Verify your account by submitting the necessary documents to verify your identity and residential address. Follow the on-screen instructions to upload the documents.

Шаг 8: Внесение депозита и начало торговли
Перейдите в раздел «Депозит/снятие» для внесения начального депозита. Следуйте подсказкам на экране для выполнения этой операции. После пополнения счета вы сможете скачать выбранный торговый терминал и начать торговлю.

Features of the Eightcap Personal Cabinet:

• Dashboard: Overview of basic information about your accounts.
• Trading Accounts: Manage your trading accounts, including opening new accounts and closing old ones.
• Deposit/Withdrawal: Deposit and withdrawal transactions.
• Partners: Options for corporate clients.
• Tools: Access to exclusive trading tools such as Capitalise.ai and Crypto Crusher.
• Economic Calendar : Calendar of events with filtering by region and time frame.
• Reports: Create reports on the results of your trading activity.
• Help & Support: Access support via live chat and other communication channels.