(Rating : 9/10)

Eightcap is regulated by the Australian Securities and Investment Commission (ASIC), the Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), and the Securities Commission of The Bahamas (SCB). 

These regulatory bodies ensure that the broker adheres to strict financial and operational standards, providing a secure trading environment for its clients

(Rating : 9/10)

Eightcap offers two account types: Raw and Standard. Raw accounts cater to experienced traders and offer tight spreads with a commission per trade. Standard accounts are more suitable for beginners and offer slightly wider spreads without commissions

• Standard - The minimum deposit is $100, spreads are standard from 1 pips, and there is no fee. However, there are more than 800 trading instruments and all options are available.

• Raw - The minimum deposit is $100, raw spreads start from 0 pips, plus a $3.5 fee per lot, and all options and instruments are available.

Both accounts at Eightcap come with a minimum deposit of $100, rendering them accessible to a wide range of traders and presenting a more budget-friendly entry point. Each account also supports trade sizes ranging from 0.01 to 100 lots.

• Demo  - This account type provides traders with a virtual currency, but trading is carried out according to real quotes, taking into account the current market features. It is only available for 30 days. You will have to create a new Demo account after that. However, there are no minimum number(s) of demo account creation.

(Rating : 8.5/10)

Eightcap has a competitive fee structure, offering tight spreads starting from 0 pips on major forex pairs with the RAW account and low commission fees of $3.50 per standard lot per side for forex trades.

It's also avoids major non-trading fees, with no account maintenance charges and generally free deposits and withdrawals, though swap rates apply for overnight positions.

• Standard - Spread(min value) $10

• Raw - Spread(min value) $1

Spreads and trading fees are important but are not the only part of financial costs, such as withdrawal fees, if any. Eightcap does not charge withdrawal fees, however, those can be charged (and, as a rule, are charged) by other parties involved in the withdrawal process, such as banks, crypto wallets, or online transfer systems. Traders must account for “extras” in advance, so as not to be surprised by additional write-offs later.

(Rating : 9.7/10)

Eightcap offers top-level support. It ranks exceptionally well among traders, with a user-friendly interface and dedicated customer support. The minimum deposit is $100, and the broker offers a demo account for new traders. The application process is straightforward, and account verification is mandatory to comply with AML stipulations

Eightcap assigns each client a direct contact person after the account verification process. This personal contact is available to assist traders with any issues or concerns they may have, offering support in various languages. While they cannot provide direct trading advice, they are available to discuss account-related matters and trading ideas, enhancing the overall customer experience

They are available 24 hours a day in 24 languages, but only on weekdays. All major communication channels, such as email, live chat, and call center are available. You can even chat with them via whatsapp for any urgent matters.