Eightcap
Forex & CFD broker · Est. 2009 (ASIC entity) · Tier-1 licensed (FCA, ASIC, CySEC) · Regulation checked: August 2026
TC RATING
Score in progress
Our regulation-first checks
Eightcap holds genuine FCA, ASIC and CySEC licensing and meets our regulation-first standard. We have verified its regulation and found genuine Tier-1 licensing alongside a disclosure pattern worth understanding before depositing. It also operates offshore entities in the Bahamas, Seychelles and Mauritius, plus an SVG entity that is incorporated but not regulated there. We have not yet completed our full 50-point TC Rating, which will be published once our scoring review is finished.
Eightcap is a multi-entity forex and CFD broker reviewed by TradingCritique using our regulation-first standard. This review verifies Eightcap’s regulatory licences and legal entities through primary sources, including official regulator registers and the broker’s own legal documents.
Quick summary box
Who is Eightcap best for? / Who should avoid?
Eightcap is suited for:
Eightcap is not ideal for:
Editor-in-chief’s note – Sasitharan Kumar
From my experience working inside regulated brokers, one of the first things I check with a multi-entity group is which legal entity actually holds the client’s money. A broker may have genuine licences from major regulators, but that doesn’t mean every client trades under those licences. With Eightcap, this is important. The licensed entities are listed in its regulatory information, while the entity shown in the footer can vary by region. Before depositing, check the legal entity in your account agreement and match it with the relevant regulator’s register. This tells you which regulatory protections apply to your account.
Regulation and safety story
Eightcap operates through multiple legal entities, so the level of regulatory protection depends on which entity accepts your account. The three main tier-1 entities are regulated by ASIC in Australia, the FCA in the UK and CySEC in Cyprus. Eightcap also operates through entities in the Bahamas, Seychelles and Mauritius, while its Saint Vincent and the Grenadines entity is incorporated there and disclosed separately from the regulated entities.
Regulator check table
Anyone can copy a broker’s name and branding. A licence number is the one thing they can’t fake – check each one on the regulator’s own register before you deposit.
Anyone can copy a broker’s name and branding. A licence number is the one thing they can’t fake – check each one on the regulator’s own register before you deposit.
Regulator Check Table
3 TIER-1 ENTITIES| Region | Entity | Regulator | Licence | Verify |
|---|---|---|---|---|
| UK | Eightcap Group Ltd | FCA | FRN 921296 | FCA REGISTER |
| Australia | Eightcap Pty Ltd | ASIC | AFSL 391441 | ASIC Connect |
| EU / Cyprus | Eightcap EU Ltd | CySEC | 246/14 | CySEC register |
How to check: each link opens the regulator’s own public register – we don’t link to a pre-filled result, so search the licence number yourself and confirm the entity name matches the one you’re opening an account with. Licence details can change; verify before you deposit
Offshore entities
Eightcap also operates through several offshore entities. These should be considered separately from its FCA, ASIC and CySEC-regulated entities because the regulatory framework and client protections can differ.
Eightcap Global Limited: Bahamas SCB, licence SIA-F220, authorised to provide CFD services.
Eightcap International Ltd: Seychelles FSA, licence SD100.
Eightcap International Trading: registered in Mauritius. The Mauritius FSC registration could not be independently verified from the available public register, so we do not present it as confirmed.
CLMarkets Limited t/a Eightcap International: incorporated in St Vincent and the Grenadines but not regulated there. Eightcap’s own disclosure describes this entity as “incorporated in” rather than claiming it is regulated.
Before depositing, check the legal entity named in your account agreement. This determines which regulator and client protections apply to your account.
What protects your money, and where it doesn’t?
The strongest protection in the group comes from the regulated entities in the UK, Australia and Cyprus. For clients of the FCA-regulated entity, eligible claims may have access to the Financial Services Compensation Scheme (FSCS), while complaints can be taken to the Financial Ombudsman Service (FOS) where the relevant eligibility requirements are met.
That protection does not automatically follow you if your account is opened with an offshore entity. The Bahamas, Seychelles and Mauritius entities operate under their respective local regulatory frameworks, while the SVG entity is a separate incorporated entity. The practical protection available to a client therefore depends on the legal entity named in the account agreement, not simply on the Eightcap brand.
This is the distinction traders should check before depositing. The licence you see on the group’s website is not necessarily the licence governing your own account.
The disclosure pattern
The licence you see is not necessarily the licence governing your account
Eightcap discloses its ASIC, FCA and CySEC entities on its About Us information, alongside its offshore entities. However, in the disclosure layer we reviewed, the regional footer names the offshore entities, including the Bahamas, Seychelles and Mauritius entities, while the tier-1 entities are not presented in the same footer layer. This matters because regional routing can determine which legal entity a new client ultimately contracts with. We therefore treat the entity named in the client agreement as the key regulatory reference point rather than assuming the strongest licence shown on the group’s corporate pages applies to every client.
FCA ring-fencing
For clients dealing with the FCA-regulated entity, client-money safeguards provide an additional layer of structural protection. FCA-regulated firms are required to follow client-money rules designed to keep eligible client funds separate from the firm’s own money.
This is not a fault or weakness in the group. It is useful context when comparing the FCA entity with offshore alternatives, because the regulatory framework and available investor protections are not identical across jurisdictions.
Eightcap enforcement history
The main verified enforcement-related finding in Eightcap’s regulatory history comes from ASIC media release 23-298MR.
ASIC 23-298MR: CFD leverage-cap remediation. ASIC confirmed that Eightcap Pty Ltd was one of 7 CFD issuers that breached Australia’s retail CFD leverage caps under ASIC Instrument 2020/986. The broker self-reported the breaches, cooperated with ASIC, and compensated affected retail clients.
- Eightcap was one of seven CFD issuers that breached the retail CFD leverage caps.
- The seven firms collectively paid A$4.3 million in compensation to affected retail clients.
- Eightcap self-reported the breaches and cooperated with ASIC.
- ASIC did not impose a penalty, court action, or additional licence condition.
- ASIC said the breaches were caused by change-management and IT weaknesses following platform updates, along with manual processing errors.
- ASIC did not disclose how much of the A$4.3 million was paid by Eightcap individually, so no specific compensation amount can be attributed to the broker.
Reader awareness: some users on third-party forums have reported withdrawal delays and slippage while trading with Eightcap. TradingCritique could not verify these claims through any primary source, including official regulatory records or enforcement actions. No regulator has announced enforcement action against Eightcap based on these forum complaints. We therefore treat them as unverified user reports rather than facts.
Eightcap operational sections
The key features of Eightcap are explained as follows:
Fees and commission of Eightcap broker
The fees and commission of Eightcap broker are as follows:
| Fee | Detail |
|---|---|
| Raw account spread | From 0.0 pips |
| Raw account commission | $3.50 per side ($7 round-turn per standard lot) |
| Standard account spread | From 1.0 pip with no commission |
| Minimum deposit | $100 |
| Deposit fee | $0 |
| Withdrawal fee | $0 (third-party charges may apply) |
| Account opening fee | $0 |
| Inactivity fee | $0 |
| Currency conversion fee | $0 |
| Interest on unused funds | $0 |
Eightcap account types
Eightcap offers two account types, standard and raw, with the main difference being how trading costs are structured. Both provide access to 800+ CFD instruments, multiple platforms, and a $100 minimum deposit.
| Features | Standard | Raw |
|---|---|---|
| Spreads from | 1.0 pips | 0.0 pips |
| Commission | No (shares include commission) | From $3.50 per side standard lot |
| Trade size min/ max | 0.01/100 lots | 0.01/100 lots |
| Margin call level | 80% | 80% |
| Stop-out level | 50% | 50% |
| Account base currencies | AUD, CAD, EUR, GBP, NZD, SGD, USD | AUD, CAD, EUR, GBP, NZD, SGD, USD |
| Minimum deposit | $100 | $100 |
| CFD instruments | 800+ | 800+ |
| Scalping allowed | Yes | Yes |
Eightcap demo account
Eightcap provides demo accounts for traders who want to practise with virtual funds before trading with real money. The demo account gives users access to the broker’s trading environment and can help them familiarize themselves with its platforms and markets. Standard demo accounts are available for 30 days, while clients with a live account can access an unlimited demo account.
Eightcap leverage
Eightcap’s maximum leverage depends on the regulatory entity where your account is registered, so not every client receives the same leverage.
| Entity | Maximum leverage |
|---|---|
| FCA (UK) | Up to 1:30 for retail clients |
| CySEC (EU) | Up to 1:30 for retail clients |
| ASIC (Australia) | 30:1 major forex; 20:1 minor forex, major indices, gold |
| Offshore entities | Up to 1:500 for eligible offshore clients |
Retail clients under the UK, EU, and Australian regulated entities are subject to 1:30 leverage limits under local regulations. Higher leverage of up to 1:500 is available only through Eightcap’s offshore entity and is not the default limit for regulated accounts.
Eightcap trading platforms
Eightcap supports MetaTrader 4, MetaTrader 5, TradingView, and TradeLocker. Each platform is available with standard and raw accounts, depending on your chosen setup.
| Platforms | MT4 | MT5 | TradingView | TradeLocker |
|---|---|---|---|---|
| Timeframes | 9 | 21 | 9 | 15 |
| Indicators | 30 | 38 | 100+ | 100+ |
| Symbols | 1024 | Unlimited | 1000+ | Unlimited |
| Strategy tester | Yes | Yes | Yes | Yes |
| Devices | Windows, macOS, iOS, Android, and Web browsers | Windows, macOS, iOS, Android, and Web browsers | Windows, macOS, iOS, Linux, Android, and Web browsers | Windows, macOS, iOS, Android, and Web browsers |
What can you trade?
Eightcap offers 800+ CFD instruments across forex, cryptocurrencies, commodities, indices, and shares. Availability can vary by the Eightcap entity and the country where you are registered.
- Forex CFDs: Trade major, minor, and other currency pairs.
- Crypto CFDs: Cryptocurrency CFDs are available through eligible offshore entities. Availability and restrictions depend on the entity and your location.
- Commodity CFDs: Trade markets such as gold, silver, oil, and other commodities.
- Index CFDs: Access major global stock-market indices.
- Share CFDs: Trade CFDs based on individual company shares, subject to regional availability.
UK retail clients cannot trade crypto CFDs under FCA rules, so crypto CFD availability should be presented according to the entity and geographic routing applicable to the client.
Eightcap deposit and withdrawal methods
Eightcap supports several deposit and withdrawal methods, including cards, e-wallets, bank wire, and crypto.
| Payment method | Deposit processing | Deposit limit | Withdrawal processing | Withdrawal limit |
|---|---|---|---|---|
| Visa/Mastercard | Instant | $100 to $50,000 | 1 to 5 business days | No limit |
| PayPal | Instant | $100 to $10,000 | 1 to 5 business days | No limit |
| Wire transfer | 1 to 5 business days | N/A | 1 to 5 business days | $50 minimum |
| Skrill | Instant | $100 to $50,000 | 1 business day | $50 to $50,000 |
| Neteller | Instant | $100 to $50,000 | 1 business day | $50 to $50,000 |
| Crypto | Instant | $100 to $50,000 | Instant | $50 minimum |
Additional Eightcap payment methods by country
Eightcap also offers payment methods that are available only in specific countries or regions.
| Country-specific payment methods | Applicable countries | Deposit processing time | Deposit limit | Withdrawal processing | Withdrawal limit |
|---|---|---|---|---|---|
| Interac | Canada | Instant | $100 to $3,000 | 1 to 5 business days | $50 minimum |
| Pix | Latam | Instant | $100 to $10,000 | 1 to 5 business days | $20 minimum |
| UnionPay | China | Instant | $450 to $10,000 | 1 business day | $150 to $5,000 |
| Thai QR payment | Thailand | Instant | $20 to $4,500 | Instant | $20 to $300,000 |
| Asia | Indonesia, Philippines, Vietnam, Malaysia | Instant | Various | 1 business day | $20 minimum |
Eightcap customer support
Eightcap provides customer support through email, live chat, and phone, with support available 24/5. The broker supports 14+ languages for clients across different regions.
- Email: [email protected]
- Phone: +357 25 060 006
- Live chat: Available 24/5
- Supported languages: 14+ languages
Pros and cons of Eightcap broker
Eightcap offers several advantages in areas such as regulation, trading costs, platform choice, and investor protection. However, there are also some limitations related to entity visibility, app availability, market access, and crypto trading.
PROS
CONS
Conclusion
Eightcap is a multi-entity CFD broker with genuine authorisation from the FCA, ASIC, and CySEC, alongside offshore operations. It provides access to a broad range of CFD markets, competitive raw account spreads, and several established trading platforms, including MT4, MT5, TradingView, and TradeLocker. The main point readers need to consider is not whether Eightcap has regulated entities, but which entity their account will actually be held with.
This matters because regulatory protections can differ between entities. Before opening or funding an account, traders should confirm the legal entity shown in their account documents and check it against the relevant regulator’s register. This helps establish which regulatory framework, investor protection, and dispute-resolution arrangements apply to the account.
Pro Tip
Before funding your account, check the FCA, ASIC, or CySEC register to confirm which Eightcap entity you are opening the account with. The licence shown on the about page and the legal entity shown in the website footer may differ, and the contracting entity determines which regulatory protections, such as FSCS or FOS access, may apply.
Frequently Asked Questions
1. Is Eightcap regulated by the FCA and ASIC?
Yes, Eightcap operates through entities regulated by both the FCA in the UK and ASIC in Australia. The regulatory protections available to you depend on which Eightcap entity holds your account.
2. Does Eightcap charge withdrawal or inactivity fees?
Eightcap charges $0 withdrawal and inactivity fees. Third-party payment charges may still apply to withdrawals.
3. What is the minimum deposit for Eightcap?
The minimum deposit for Eightcap accounts is $100. The minimum may also depend on the payment method used.
4. What leverage does Eightcap offer?
Leverage depends on the Eightcap entity and the regulations that apply to your account. Retail clients under the FCA, CySEC, and ASIC entities are subject to local leverage limits, while higher leverage may be available through eligible offshore entities.
5. Does Eightcap support TradingView?
Yes, Eightcap supports TradingView as a trading platform. Availability and account setup can depend on the entity and account type.
6. Does Eightcap offer MT4 and MT5?
Yes, Eightcap supports both MetaTrader 4 and MetaTrader 5. Both platforms are available across desktop, mobile, and web.
7. Does Eightcap offer TradeLocker?
Yes, TradeLocker is one of the trading platforms offered by Eightcap. It supports desktop, mobile, and web access.
8. What account types does Eightcap offer?
Eightcap offers standard and raw accounts, with the main difference being their spread and commission structure. Both accounts have a $100 minimum deposit and access to 800+ CFD instruments.
9. Is Eightcap good for beginners?
Eightcap offers demo accounts, multiple trading platforms, and access to a wide range of CFD markets. Beginners should understand how CFDs and leverage work and review the applicable Eightcap entity before opening an account.
