Trading with EightCap will involve fees from $100 USD / R 1600 ZAR, spreads from 0.5 pips to 1.0 pips, and commissions of $3.5 USD depending on the account type selected. EightCap does not charge a deposit or withdrawal fee.
★
★
★
★
★
Min Deposit: $100
Leverage: Up to 1:500
Regulators: ASIC, FCA, CySEC, SCB
EightCap Fees, Spreads, and Commission - Key Point Quick Overview
- ☑️Overview
- ☑️EightCap Fees, Spreads, and Commission
- ☑️Eightcap at a Glance
- ☑️Customer Reviews
- ☑️Pros and Cons
- ☑️Conclusion
- ☑️Frequently Asked Questions
Overview
- EightCap is an Australian financial services company that offers trading solutions and access to currencies (Forex), commodities, indices, cryptocurrencies, and shares to global customers.
- The trading environment is secure, and the broker has won numerous awards, including the 'Best Forex Educational Resources - Global' and 'Best Forex Trading Support in Europe' (2021).
EightCap Fees, Spreads, and Commissions
- Trading with EightCap will involve fees from USD 100 / ZAR 1600, spreads from 0.5 pips to 1.0 pips, and commissions of USD 3.5, depending on the account type selected.
- EightCap does not charge a deposit or withdrawal fee.
| 💼 Fee Type | 🧾 Standard Account | ⚡ Raw Account |
| 📉 Spreads (Forex) | From 1.0 pip | From 0.0 pips |
| 💵 Commission | No commission | $3.50 per lot per side ($7 round-trip) |
| 💱 Currency Conversion | Applies for non-base currency trades | Applies similarly |
| 💳 Deposit Fees | No fees from broker | No fees from broker |
| 💸 Withdrawal Fees | No internal fees | No internal fees |
| 🕒 Inactivity Fee | None | None |
| 📈 Indices Spreads | From 0.4 pts | From 0.4 pts |
| 🪙 Crypto Spreads | From 12 points (BTC/USD) | From 12 points (BTC/USD) |
| 🛢️ Commodities Spreads | From 0.03 (Oil) | From 0.03 (Oil) |
| 🗃️ Stock CFDs Commission | Variable (e.g., $2 per lot on US shares) | Variable (depends on stock) |
| 🔁 Swap Fees (Overnight) | Yes, varies by instrument | Yes, varies by instrument |
| 💬 Hidden Fees | None | None |
| 🔍 Transparency | High (fee info available) | High (fee info available) |
| 📝Sign up | 👉 Open Account | 👉 Open Account |
★
★
★
★
★
Min Deposit: $100
Leverage: Up to 1:500
Regulators: ASIC, FCA, CySEC, SCB
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EightCap at a Glance
| Category | Details |
| Company Information | |
| 🏷️Company Name | Eightcap |
| 📍Headquarters Location | Melbourne, Australia |
| 📅Year Established | 2009 |
| 👤CEO/Founder | Joel Murphy |
| 🌐Global Offices | Australia, UK, Bulgaria, Cyprus |
| 🔖Licensing Body | Australian Securities and Investments Commission (ASIC), Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Securities Commission of The Bahamas (SCB) |
| 👥Group Companies | Eightcap Pty Ltd, Eightcap Group Ltd, Eightcap EU Ltd, Eightcap Global Limited, Eightcap Limited |
| 🏛️Business Model | ECN/STP |
| 🌍Operational Languages | English, Chinese, Arabic, Spanish, and others |
| 🏆Awards & Recognitions | Broker of the Year 2023 (Global Forex Awards) Most Innovative Affiliate Program (Global Business Review) Best Crypto Broker (AtoZ Markets) Annual Review Award (International Business Magazine) Best Customer Service Broker 2021 (Global Brands Magazine) Best Forex Trading Support 2021 and 2022 (Global Forex Awards, Retail) |
| Regulation and Security | |
| 🛡️Regulation | ASIC: Eightcap Pty Ltd (AFSL 391441) FCA: Eightcap Group Ltd (FRN 921296) CySEC: Eightcap EU Ltd (License No. 246/14) SCB: Eightcap Global Limited (SIA-F220) |
| ✔️Compliance Standards | MiFID, GDPR, AML, KYC |
| 💼Client Fund Segregation | Yes |
| 🪫Negative balance protection | Yes |
| 🕵️♂️Financial Conduct Oversight | Conducted by respective regulatory authorities (ASIC, FCA, CySEC, SCB) |
| 💰Insurance Coverage | No |
| 📋AML & KYC Policy | Yes |
| 🔒Security of Trading Platform | SSL Encryption, 2FA |
| 🛡️Investor Compensation Fund | Yes |
| 🖥️Cybersecurity Measures | Advanced Firewall Protection |
| Account Types and Features | |
| ⚙️Standard Account | Offers commission-free trading with wider spreads |
| 📊ECN Account | Yes (Raw Account) |
| 🌙Islamic Account | No |
| 🎮Demo Account | Available with a 30-day limit, extensions possible upon request |
| 👑VIP Account | No |
| 💵Minimum Deposit | $100 USD / R1600 ZAR |
| 💱Base Currencies | AUD USD EUR NZD |
| ⚖️Leverage Options | Up to 1:500 |
| 📈Spreads (Fixed/Variable) | Raw Account offers spreads as low as 0.1 pips, Standard Account has wider spreads |
| 🔄Swap-Free Accounts | No |
| 🌐Account Currency Conversion | No |
| 🚨Margin Call Level | 80% |
| ❌Stop-Out Level | 50% |
| 🔄Hedging Allowed | Yes |
| ⚡Scalping Allowed | Yes |
| 🔁Copy Trading Support | Yes (via TradingView, Myfxbook) |
| 👥Social Trading Features | Yes (via ZuluTrade) |
| 💼Managed Accounts | No |
| Trading Conditions | |
| 🔍Average Spreads | From 0.0 pips (Raw) |
| 💲Commissions per Trade | $3.50 per lot (Raw) |
| 🔢Leverage Range | 1:1 – 1:500 |
| 🚀Execution Speed | < 30ms |
| 📊Order Execution Type | Market Execution |
| 🔄Slippage Policy | Yes |
| 📏Margin requirements | Varies by asset |
| ⏹️Stop-Loss and Take-Profit Orders | Yes |
| 🔁Trailing Stops | Yes |
| 🕑Pending Orders | Yes |
| 🔽Partial Fills | Yes |
| 🧾Dividend Adjustments | Yes |
| 🌙Overnight Swap Fees | Yes |
| 📆Rollover Policy | Yes |
| 🛑Guaranteed Stop Loss | No |
| Trading Instruments | |
| 💹Forex Currency Pairs | 40+ |
| 🪙Precious Metals (Gold/Silver) | Yes |
| 📈Indices | Yes |
| 🌾Commodities | Yes |
| ⛽Energies (Oil/Natural Gas) | Yes |
| ₿Cryptocurrencies | Yes (250+ crypto CFDs) |
| 📉Stocks | Yes |
| 🗂️ETFs | No |
| 🏛️Bonds | No |
| 📜Futures Contracts | No |
| 🛡️Options Contracts | No |
| ⚖️CFDs (Contracts for Difference) | Yes |
| 🔣Swap on Trading Board | Yes |
| 🔀Leveraged Instruments | Yes |
| 🎯Micro-Lot Trading | Yes |
| 💸Spread Betting | No |
| 🧺Currency Baskets | No |
| Deposits and Withdrawals | |
| 💳Deposit Methods | Bank Wire, Credit/Debit Card, Skrill, Neteller, PayPal, Crypto |
| 💵Withdrawal Methods | Bank Wire, Credit/Debit Card, Skrill, Neteller, PayPal, Crypto |
| ⏱️Processing Time for Deposits | Instant |
| 🕒Processing Time for Withdrawals | 1-3 business days |
| 🚫Deposit Fees | No |
| 💵Withdrawal Fees | No (except bank wires) |
| 🔢Minimum Deposit Amount | $100 USD / R1600 ZAR |
| 📉Minimum Withdrawal Amount | $50 |
| 🚪Maximum Withdrawal Limit | No limit |
| 💱Supported Currencies | AUD USD EUR NZD |
| ₿Crypto Deposits & Withdrawals | Yes |
| 🏦Bank Wire Transfers | Yes |
| 💳Credit/Debit Cards | Yes |
| 📲E-Wallets (Skrill, Neteller, etc.) | Yes |
| 🏘️Local Payment Methods | No |
| Trading Platforms and Tools | |
| 💻MetaTrader 4 (MT4) | Yes |
| 👩💻MetaTrader 5 (MT5) | Yes |
| 🖥️Proprietary Platform | No |
| 📱Mobile Trading App | Yes (MT4/MT5) |
| 🌐Web-Based Platform | Yes |
| 🤖Trading Bots | Yes |
| 🖧VPS Services | Yes |
| 🔌API Connectivity | Yes |
| 📉Charting Tools | Yes |
| 🧮Custom Indicators | Yes |
| 🧠Market Sentiment Analysis | Yes |
| 📩Trading Signals | Yes |
| 🏷️Advanced Order Types | Yes |
| ⚠️Risk Management Tools | Yes |
| 📅Economic Calendar | Yes |
| 📰Market News Feed | Yes |
| Customer Support | |
| 📞Support Channels | Live Chat, Email, Phone |
| 🗨️Live Chat Availability | 24/5 |
| 📧Email Support | Yes |
| 📱Phone Support | Yes |
| 🌍Multilingual Support | Yes |
| ❓Help Center/FAQ | Yes |
| 👨💼Dedicated Account Manager | No |
| ⏲️Response Time (Live Chat) | 4.5/5 |
| 🕒Response Time (Email) | Eightcap offers 24/7 customer support, ensuring timely responses to client inquiries. |
| ⭐Support Rating | Awarded "Best Forex Trading Support – EUROPE" in 2022. |
| Educational Resources and Support | |
| 🎥Webinars | Provides live webinars covering various trading topics. |
| 🏫Seminars | No |
| 📖Trading Tutorials | Offers guides on MetaTrader platforms and trading fundamentals. |
| 📊Market Analysis Reports | Regularly publishes market updates and trade ideas. |
| 📚E-Books | No |
| 🎬Video Library | Provides a range of educational videos. |
| 📜Glossary | No |
| ❔FAQs | Comprehensive FAQ section available. |
| 🆕Beginner Guides | Offers resources tailored for beginners. |
| 🚀Advanced Trading Strategies | Provides insights into advanced trading techniques. |
| Partnerships and Programs | |
| 📋IB Program | Offers an Introducing Broker program. |
| 🪪Affiliate program? | Yes, an affiliate program is available. |
| 🏷️White Label Solutions | No |
| 🎁Partnership Rewards | Provides rewards for partners. |
| 🏛️Institutional Solutions | No |
| 🔌API Partnership | No |
| 🤝Referral Program | Yes, a referral program is in place. |
| Fees & Charges | |
| 💳Deposit Fees | No deposit fees. |
| 📤Withdrawal Fees | No withdrawal fees. |
| 💤Inactivity Fee | No |
| 🌜Overnight Fees (Swaps) | Applicable on positions held overnight. |
| 💱Conversion Fees | May apply for currency conversions. |
| 💰Commission on Trades | Raw Account: $7 per round lot, Standard Account: commission-free with higher spreads. |
| Market Research Tools | |
| 📅Economic Calendar | AI-powered economic calendar available. |
| 📰Market News | Provides regular market news updates. |
| 📩Trading Signals | Offers trading signals through various platforms. |
| 🔧Technical Analysis Tools | Comprehensive tools available on MT4, MT5, and TradingView. |
| 💭Sentiment Analysis | Provides market sentiment analysis. |
| Additional Features | |
| 👥PAMM/MAM Accounts | No |
| 🔗Social Trading Platform | Integration with TradingView for social trading. |
| 🏆Trading Competitions | Yes |
| 🎁Loyalty Rewards | No |
| 👑Exclusive VIP Perks | No |
| Promotions & Bonuses | |
| 🎁Welcome Bonus | No |
| 💵Deposit Bonus | No |
| 🏅Trading Contests | No |
| 🌟Seasonal Promotions | No |
| 🎖️Loyalty Programs | No |
| User Experience & Reviews | |
| 🖥️User Interface Quality | Platforms are user-friendly and intuitive. |
| 🔒Platform Stability | Platforms are stable with minimal downtime. |
| 📱Mobile App Reviews | Mobile trading apps are well-received by users. |
| ⭐Overall User Rating | Generally positive user feedback. |
| 🌟Trustpilot Rating | High |
| 😟Common Complaints | No significant complaints reported. |
| Mobile | |
| 📱Mobile App Name | MetaTrader 4 and MetaTrader 5. |
| 🛠️Developer | MetaQuotes Software Corp. |
| 📅Release Year | MT4: 2005 MT5: 2010. |
| 💻OS Compatibility | Compatible with i |
| 🌐Languages Supported | English, Spanish, Chinese, German, French, and more |
| 📈Trading Instruments | Forex, Commodities, Indices, Shares, Cryptocurrencies |
| 🔄Real-Time Data | Yes, provided on MetaTrader 4, MetaTrader 5, and TradingView |
| 🛠️Charting Tools | Advanced charting tools available on MT4, MT5, and TradingView |
| 📊Order Types Supported | Market, Limit, Stop, Trailing Stop, Pending Orders |
| 🚀Order Execution Speed | Ultra-fast execution with low latency |
| 🔔Custom Alerts | Available on MT4, MT5, and TradingView |
| 🤝Beginner-Friendly | Yes, offers educational resources and easy-to-use platforms |
| 🔐Security Features | SSL encryption, segregated client funds, regulated by ASIC and FCA |
| 🖥️Synchronization | Cross-platform sync between desktop, web, and mobile |
| 💰Deposit and Withdrawal | Supports bank transfers, credit/debit cards, PayPal, Skrill, Neteller, and crypto |
| 📝Account Types Accessible | Standard, Raw, Demo, and Islamic accounts |
| 🔄Switch Accounts | Yes, easy account switching between different account types |
| 💬In-App Support | 24/5 multilingual customer support via live chat, email, and phone |
| 📚Educational Resources | Webinars, tutorials, market analysis, and trading guides |
| 🎯Watchlist | Customizable watchlist available on platforms |
| 🌙Dark Mode | Available on TradingView and mobile apps |
| 🌐Social Trading | Supports TradingView integration for social trading |
| AI Trading Resources | |
| 🤖AI Integration | No dedicated AI trading but supports third-party AI tools |
| 📊Data Analysis | Advanced analytics tools available via TradingView and MetaTrader |
| 📈Predictive Analytics | No built-in predictive AI, but supports external plugins |
| 🛠️Customizable Strategies | Available via Expert Advisors (EAs) on MT4/MT5 |
| 📉Risk Management Tools | Stop-loss, take-profit, margin call alerts, negative balance protection |
| 🧑🏫Trading Insights | Market analysis and research reports provided |
| 🚀Execution Optimization | Ultra-low spreads and fast execution speeds |
| 🔄Portfolio Rebalancing | Manual rebalancing available |
| 📚AI Tutorials | No AI-specific tutorials, but general trading education available |
| 🎥Video Demonstrations | Available for platform tutorials and trading strategies |
| 🧑🤝🧑Webinars | Regular webinars on market trends and strategies |
| 🔍AI-Powered Search | No AI-powered search, but TradingView has smart search features |
| 🌟Beginner-Friendly | Yes, with demo accounts and learning materials |
| 🖥️Platform Availability | Web, desktop (Windows/Mac), and mobile (iOS/Android) |
| 📈Backtesting Capability | Available through MT4/MT5 Strategy Tester |
| 🛠️Strategy Builder | Expert Advisors (EAs) and TradingView scripting supported |
| 🔔Alerts and Notifications | Price alerts, economic news alerts, and order notifications |
| 🔒Data Protection | High-level security and encrypted transactions |
| 👁️🗨️Transparency | Fully regulated and provides clear fee structures |
| Social Media Platformst | |
| Yes, active presence | |
| Yes, shares trading insights and updates | |
| Yes, provides market news and updates | |
| Yes, for professional updates and company news | |
| 🎥YouTube | Yes, offers trading tutorials and market analysis |
| 👉Open Account | 👉 Open Account |
Customer Reviews
- Eightcap also offers more than 800 financial instruments for easy diversification.
- The overall feedback, although experiences may differ, suggests that Eightcap is trustworthy for both beginner and experienced traders.
- Traders also like the fact that this broker supports MT4 and MT5 accounts, as these platforms offer advanced charting and automated trading.
- Other strong points mentioned are platform reliability, great security features, and 24/7 responsive support.
| 📍 Category | 🔍 Review Summary | ⭐Rating |
| 💨 Trade Execution | Fast and seamless order execution | ⭐⭐⭐⭐⭐ |
| 💰 Spreads & Fees | Competitive spreads with reasonable fees | ⭐⭐⭐⭐☆ |
| 📊 Trading Platforms | Supports MT4 & MT5 with advanced features | ⭐⭐⭐⭐⭐ |
| 🔒 Security | Strong security measures for safe trading | ⭐⭐⭐⭐⭐ |
| 🤝 Customer Support | 24/7 support with responsive assistance | ⭐⭐⭐⭐☆ |
| 📚 Educational Resources | Helpful materials for beginners & pros | ⭐⭐⭐⭐☆ |
| 📈 Asset Variety | Over 800 financial instruments available | ⭐⭐⭐⭐⭐ |
★
★
★
★
★
Min Deposit: $100
Leverage: Up to 1:500
Regulators: ASIC, FCA, CySEC, SCB
Customers Ratings
| 🌐 Platform | 📝 Feedback Summary | ⭐ Rating |
 | Generally positive reviews highlighting reliable service and competitive spreads. | ⭐⭐⭐⭐ (4.2/5) |
 | Mixed reviews some users report positive experiences, while others mention issues with trade execution and withdrawals. | ⭐⭐☆☆ (2/5) |
 | Generally positive feedback with a TrustScore of 4.2, reflecting reliable services and customer satisfaction. | ⭐⭐⭐⭐ (4.2/5) |
Pros and Cons
| ✅ Pros | ❌ Cons |
| Low Forex Fees | Slim Product Selection |
| Quick Account Application | Limited Research |
| Free Deposit and Withdrawal | Lack of Investor Protections |
Conclusion
Overall, trading with EightCap will involve fees from $100 USD / R 1600 ZAR, spreads from 0.5 pips to 1.0 pips, and commissions of $3.5 USD depending on the account type selected.
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Frequently Asked Questions
What fees does Eightcap charge?
Eightcap fees mainly come from spreads, commissions on certain accounts, and overnight swap charges. There are no deposit fees, but withdrawal costs may depend on payment providers. Understanding each cost component helps traders evaluate total trading expenses before opening positions.
What spreads does Eightcap offer?
Eightcap provides variable spreads starting from low levels on Raw accounts, near zero, while Standard accounts include slightly higher spreads without commission. Market volatility, liquidity, and instrument type all influence spread fluctuations during trading sessions.
Does Eightcap charge commissions on trades?
Yes, commissions apply on Raw accounts where spreads are minimal, charged traded. Standard accounts are commission-free but have wider spreads. Traders should compare structures to determine which pricing model suits their strategy and trading frequency.
Are there overnight or swap fees at Eightcap?
Yes, swap fees are charged when positions are held overnight, on interest differentials between currencies or assets. These fees can be positive or negative depending on trade direction, making it important to monitor holding costs closely.
Does Eightcap charge deposit or withdrawal fees?
Eightcap does not charge deposit fees, and funding accounts is straightforward. However, withdrawal fees may apply depending on the payment method or intermediary banks. Traders should check the provider to avoid unexpected costs when transferring funds.
Are there inactivity fees on Eightcap accounts?
Eightcap does not impose inactivity fees; traders can pause trading without penalties. This policy benefits investors or those with irregular trading schedules, but it is advisable to confirm current terms as policies may change.
Which account is cheaper at Eightcap, Standard, or Raw?
It depends on trading style. Raw accounts suit high-volume traders with low spreads and commissions, while Standard accounts are simpler for beginners who prefer all-inclusive pricing without calculating separate commission charges.
Do spreads vary across instruments at Eightcap?
Yes, spreads differ depending on the asset class, with forex pairs offering tighter spreads than indices, commodities, or cryptocurrencies. Market conditions, liquidity, and trading hours influence pricing, so traders should monitor spreads for the instrument.
Are there any hidden fees with Eightcap?
Eightcap is transparent with its pricing, but traders should review terms for potential costs such as currency conversion fees or third-party charges. Reading the fee schedule ensures there are no surprises when managing trading accounts.
How do Eightcap fees compare to those of other brokers?
Eightcap offers competitive pricing with low spreads and reasonable commissions on Raw accounts. Compared to many brokers, costs are attractive for active traders, though overall value depends on trading strategy, volume, and preferred instruments.
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