Eightcap

FCA, FSA, CySEC
2.1
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Average
0.0 PipsMin Spread
Up to 1:500Max Leverage
$100Min Deposit
MT4,MT5Platforms
24/7Customer Support
Overview
Trust Score
Broker Info

About

Founded in Melbourne, Australia, in 2015, Eightcap began with a clear focus: to provide access to global CFD markets through powerful, reliable technology and strong service standards. Eightcap Global is regulated by FCA, FSA, and CySEC for its operations. To help individuals build their skills and progress professionally, the company focuses on continuous learning, offers ongoing career development and training programs. Eightcap provides a rewarding workplace for those looking to build a long-term career in the financial trading industry.

Broker Contact Details

Email Support
Phone Number
Support Hours
24/7
Office Address
Level 37, Rialto South Tower, 525 Collins Street, Melbourne, VIC 3000, Australia.

Trust Score

Regulatory score 2.1/5
User Satisfaction 2.2/5
Spreads & Fees 2.1/5
Customer Support 2.1/5
Trading Platform 2.1/5

Broker Info

Broker Type ECN / STP Market Maker
Founded 2009
Headquarters Australia
Regulations fca, fsa, cysec
Min. Deposit $100
Max Leverage Up to 1:500
Spreads From 0.0 Pips
Platforms MT4,MT5
Instruments Forex, Commodities, Indices, Shares, Cryptocurrencies
Account Types Standard Account, Raw Account
Payment Methods Visa/MasterCard, Bank Transfer, Skrill, Neteller, PayPal, POLi, China UnionPay
Customer Support 24/7
Countries Served Australia
Demo Account Yes
Y
Yew Yoong
2 weeks ago

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troublesome withdrawal

J
James Schwab
2 weeks ago

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It's better to engage with #..Crop.#Mines# they do pay.

It was difficult to withdraw from this broker. They are full of hidden fees, and their support service is very poor. I wonder where all those good comments are coming from because I had a different experience with them.

M
Mazade
3 weeks ago

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It was my first time to withdraw from .....

It was my first time to withdraw from my trading account and I was very happy to see the small amount in my bank account already. Fast customer service. Thank you Customer service

T
Thierry Ouellet
3 weeks ago

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Shady business practices and bad execution

Eightcap had good pricing at first, but as soon as I started making money, they reduced my leverage from 1:500 to 1:300, which I accepted even though it didn’t seem justified. Then, the very next day, they increased my execution delay by more than 40 times, making my scalping strategy completely ineffective. I had even asked them beforehand whether my strategy was compatible with their platform, and they told me it was.

P
Peace chidera
3 weeks ago

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They customer service is top notch but …

They customer service is top notch but they delayed my application for two days

H
Harshith
3 weeks ago

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Fraudulent Broker

Do not choose this broker at any cost Deposited 500$ a month ago, traded and made 500$ in profits, now when i request withdrawal of my profits, they are denying my withdrawal without any genuine reason, actually without any reason at all, i deposited the amount through usdt, and when i withdraw through usdt again, they are denying it Proper Scammers they are- stay away from them

P
Phi Hoang
4 weeks ago

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Scam and can not withdraw money from…

Scam and can not withdraw money from this broker. when you need to withdraw it, you need send to them all document from your company, all your insight to you. now is 3 weeks i just keep email and not receive money.

T
Tim Gilks
4 weeks ago

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AVOID RUN

AVOID RUN. if there was less than 1 star that would be more appropriate. Very fast to take your money. Extremely slow to withdraw your money Constantly asking for different documents to be uploads NO responses and when you do get a live body the only thing you get is ""let me explain t to you "" The worse experience that I have had in 12 years of trading. NEVER Again If I ever get money I will update this but I dont believe there is any chance to get my money back.

J
Joelene Pillay
4 weeks ago

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Demo account

I escalated my account to be verified ASAP cos I wanted to set up demo on tradelocker . I got verified but was not given a demo account. Stil waiting on that now. Prior to this i was told south Africans cant use eughtcap but chat gpt verified we can. N i went through another agent n they assisted me. Its too many delays on opening account

J
James Wells
4 weeks ago

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Avoid the day trader challenge

Day trader challenge is extremely unfair and almost impossible to pass. The unfair and unrealistic rules simply encourage gambling. Notwithstanding that on two occasions now I have npt had funds from winning trades added to my main balance, which has made it impossible to go on and pass the challenge. Really disappointing and wouldn't use them again.

P
Peace chidera
4 weeks ago

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They customer service is top notch but …

They customer service is top notch but they delayed my application for two days

H
Harshith
4 weeks ago

β˜…β˜†β˜†β˜†β˜†

Fraudulent Broker

Fraudulent Broker Do not choose this broker at any cost Deposited 500$ a month ago, traded and made 500$ in profits, now when i request withdrawal of my profits, they are denying my withdrawal without any genuine reason, actually without any reason at all, i deposited the amount through usdt, and when i withdraw through usdt again, they are denying it Proper Scammers they are- stay away from them

L
Leme Joao Gustavo
4 weeks ago

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Bonus not applied

Unfortunately, my promised bonus of 20% on my deposit has still not been applied, even after 11 days, which in my opinion is unacceptable. Despite several emails, I have not received any updates. I am really frustrated about this.

P
Paola Gomez
4 weeks ago

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I had to wait a lot more that what I...

I had to wait much longer than what customer support told me many times.

Y
Yew Yoong
2 weeks ago

β˜…β˜†β˜†β˜†β˜†

troublesome withdrawal

J
James Schwab
2 weeks ago

β˜…β˜†β˜†β˜†β˜†

It's better to engage with #..Crop.#Mines# they do pay.

It was difficult to withdraw from this broker. They are full of hidden fees, and their support service is very poor. I wonder where all those good comments are coming from because I had a different experience with them.

M
Mazade
3 weeks ago

β˜…β˜…β˜…β˜…β˜†

It was my first time to withdraw from .....

It was my first time to withdraw from my trading account and I was very happy to see the small amount in my bank account already. Fast customer service. Thank you Customer service

T
Thierry Ouellet
3 weeks ago

β˜…β˜†β˜†β˜†β˜†

Shady business practices and bad execution

Eightcap had good pricing at first, but as soon as I started making money, they reduced my leverage from 1:500 to 1:300, which I accepted even though it didn’t seem justified. Then, the very next day, they increased my execution delay by more than 40 times, making my scalping strategy completely ineffective. I had even asked them beforehand whether my strategy was compatible with their platform, and they told me it was.

P
Peace chidera
3 weeks ago

β˜…β˜…β˜…β˜†β˜†

They customer service is top notch but …

They customer service is top notch but they delayed my application for two days

H
Harshith
3 weeks ago

β˜…β˜†β˜†β˜†β˜†

Fraudulent Broker

Do not choose this broker at any cost Deposited 500$ a month ago, traded and made 500$ in profits, now when i request withdrawal of my profits, they are denying my withdrawal without any genuine reason, actually without any reason at all, i deposited the amount through usdt, and when i withdraw through usdt again, they are denying it Proper Scammers they are- stay away from them

P
Phi Hoang
4 weeks ago

β˜…β˜†β˜†β˜†β˜†

Scam and can not withdraw money from…

Scam and can not withdraw money from this broker. when you need to withdraw it, you need send to them all document from your company, all your insight to you. now is 3 weeks i just keep email and not receive money.

T
Tim Gilks
4 weeks ago

β˜…β˜…β˜†β˜†β˜†

AVOID RUN

AVOID RUN. if there was less than 1 star that would be more appropriate. Very fast to take your money. Extremely slow to withdraw your money Constantly asking for different documents to be uploads NO responses and when you do get a live body the only thing you get is ""let me explain t to you "" The worse experience that I have had in 12 years of trading. NEVER Again If I ever get money I will update this but I dont believe there is any chance to get my money back.

J
Joelene Pillay
4 weeks ago

β˜…β˜…β˜…β˜†β˜†

Demo account

I escalated my account to be verified ASAP cos I wanted to set up demo on tradelocker . I got verified but was not given a demo account. Stil waiting on that now. Prior to this i was told south Africans cant use eughtcap but chat gpt verified we can. N i went through another agent n they assisted me. Its too many delays on opening account

J
James Wells
4 weeks ago

β˜…β˜…β˜†β˜†β˜†

Avoid the day trader challenge

Day trader challenge is extremely unfair and almost impossible to pass. The unfair and unrealistic rules simply encourage gambling. Notwithstanding that on two occasions now I have npt had funds from winning trades added to my main balance, which has made it impossible to go on and pass the challenge. Really disappointing and wouldn't use them again.

P
Peace chidera
4 weeks ago

β˜…β˜…β˜…β˜…β˜†

They customer service is top notch but …

They customer service is top notch but they delayed my application for two days

H
Harshith
4 weeks ago

β˜…β˜†β˜†β˜†β˜†

Fraudulent Broker

Fraudulent Broker Do not choose this broker at any cost Deposited 500$ a month ago, traded and made 500$ in profits, now when i request withdrawal of my profits, they are denying my withdrawal without any genuine reason, actually without any reason at all, i deposited the amount through usdt, and when i withdraw through usdt again, they are denying it Proper Scammers they are- stay away from them

L
Leme Joao Gustavo
4 weeks ago

β˜…β˜…β˜…β˜†β˜†

Bonus not applied

Unfortunately, my promised bonus of 20% on my deposit has still not been applied, even after 11 days, which in my opinion is unacceptable. Despite several emails, I have not received any updates. I am really frustrated about this.

P
Paola Gomez
4 weeks ago

β˜…β˜…β˜…β˜†β˜†

I had to wait a lot more that what I...

I had to wait much longer than what customer support told me many times.