Newer to CySEC regulation than most peers here, with strong TradingView integration.
| Regulated entity | Eightcap EU Ltd |
|---|---|
| Regulation | CySEC No. 246/14 + FCA No. 921296 + FSA Seychelles No. SD100 |
| Other Tier-1 regulators | ASIC, SCB |
| Founded | 2009 |
| Headquarters | Melbourne, Australia |
| Minimum deposit | $100 |
| Avg. spread (EUR/USD) | 1 pips |
| Platforms | MT4, MT5, TradingView |
| Instruments | 800+ across forex, indices, commodities, shares, crypto CFDs |
See Eightcap's full regulation dossier → · How to check whether a forex broker is regulated
Derived from the same confirmed data behind this broker's score (regulation, cost, platforms, deposit minimum) -- not a separate editorial judgment.
Via its FCA-regulated UK entity, eligible clients are covered by the UK's Financial Services Compensation Scheme (FSCS) up to £85,000 per person if the firm fails. Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails. Via its Seychelles FSA-licensed entity, there is no statutory investor compensation scheme -- if that entity fails, there is no guaranteed fund to recover client money from.
Beyond the headline spread and minimum deposit above. Where our research hasn't independently confirmed a specific detail, we say so rather than guess -- verify directly with the broker before relying on it.
| Account types | Standard (spreads from about 1.0 pip, no commission, $100 minimum deposit), Raw (spreads from roughly 0.06-0.20 pip plus about $3.50-per-side commission, i.e. around $7 round-turn), and a TradingView-integrated account. Islamic/swap-free accounts are available but reportedly only by contacting support directly, not as a self-service toggle. |
|---|---|
| Execution model | Raw is ECN-style (liquidity-provider pricing passed through without markup); Standard is STP-style (cost built into the spread, no separate commission). Eightcap doesn't claim to be a classic client-to-client ECN -- it aggregates and routes orders to liquidity providers. |
| Withdrawals & deposits | No internal deposit or withdrawal fees reported across methods. Card, PayPal, Neteller and Skrill deposits are instant; bank wire takes 3-5 business days. Withdrawals go through a 1-2 business day security review, then take 1 day (UnionPay/Skrill) to 2-5 days (cards/wire). |
| Overnight financing (swap) | Charged on positions open past midnight GMT+2; one aggregator describes its CFD financing/swap rates as "average for the industry," though no specific benchmark-plus-markup formula was found. An Islamic/swap-free account is available on request. |
| Currency conversion cost | Not specifically quantified in this research pass. Eightcap supports AUD, USD, GBP, EUR, NZD, CAD and SGD as account base currencies, which limits but doesn't eliminate conversion exposure outside those currencies. |
| Inactivity fee | One independent source confirms an inactivity fee exists, but the exact amount and time threshold weren't confirmed in this research pass -- verify against Eightcap's current terms before relying on a specific figure. |
| Customer service | Trustpilot rates it 4.0/5 from around 3,700 reviews, with praise for helpful, professional staff. One notable negative review describes funds being withheld for 4+ months despite completed verification. |
| Mobile experience | No numeric App Store or Google Play rating was found in this research pass. |
| Educational offering | Won "Best Forex Educational Resources - Global" at the Global Forex Awards 2022. Independent reviewers describe beginner-level content as solid but advanced/in-depth education as limited compared to competitors; one aggregator rates its research 5.0/5. |
See how Eightcap's spread cost compares across every researched broker → · Forex broker fees explained
Is Eightcap regulated?
Yes -- CySEC No. 246/14 + FCA No. 921296 + FSA Seychelles No. SD100. See the regulation dossier on this page for the underlying licence numbers.
Is my money protected if Eightcap fails?
Via its FCA-regulated UK entity, eligible clients are covered by the UK's Financial Services Compensation Scheme (FSCS) up to £85,000 per person if the firm fails. Via its CySEC-regulated Cyprus entity, eligible clients are covered by Cyprus's Investor Compensation Fund (ICF) up to €20,000 per person if the firm fails. Via its Seychelles FSA-licensed entity, there is no statutory investor compensation scheme -- if that entity fails, there is no guaranteed fund to recover client money from.
What is the minimum deposit at Eightcap?
Our research confirms a minimum deposit of $100.
What trading platforms does Eightcap offer?
Eightcap offers MT4, MT5, TradingView.
What is Eightcap's average spread on EUR/USD?
Our research confirms an average EUR/USD spread of 1 pips. See our cost calculator to compare this across every broker we've reviewed.
When was Eightcap founded?
Eightcap was founded in 2009.
How is Eightcap's overall score calculated?
Eightcap currently scores 3.52/5 overall under our disclosed nine-category methodology -- regulation & client protection 30%, trading costs 20%, non-trading fees 10%, platforms & tools 10%, execution/trading conditions 10%, product range 5%, deposits/withdrawals 5%, transparency 5%, track record 5%. It is not a comparison to other brokers and not based on hands-on testing.
Ratings as found via each site's published/indexed content, not our own testing and not independently re-verified against the live page -- treat as a snapshot and check the source before relying on it. Each card links to where we found it.
A dated log of when our own published data about this broker actually changed -- not a reconstructed history of what the broker itself did. See the full change log tool for every broker.
EU clients typically served under Central Bank of Ireland / MiFID passporting rather than a direct CySEC CIF licence -- worth confirming which entity applies to you.
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