Eightcap Review 2026
The full Eightcap write-up for Australia traders: the kitchen inspection, the ingredient costs, the bill, and our straight verdict.
Regulation in Australia
| Regulator | ASIC ASIC, Australian Securities and Investments Commission (ASIC) |
| Licence Number | 391441 |
| Regulated Entity | Eightcap Pty Ltd |
| Max Leverage (Forex) | 1:30 |
| Minimum Deposit | $100 |
| EUR/USD Spread | From 0.0 pips (ECN/Raw) |
| Instruments | 800+ |
| Platforms | MT4, MT5, TradingView |
| Copy Trading | ✗ |
| Real Stocks | ✗ |
| Inactivity fee | No inactivity fee |
| Verify on ASIC register → | 391441 |
Verdict
Cooks under ASIC (licence 391441). Cover charge $100. In Australia, forex leverage is capped at 1:30.
About Eightcap
Eightcap opened its doors in 2009 out of a kitchen in Melbourne, Australia. Its menu runs to 800 tradeable instruments, forex pairs alongside CFDs on stocks, indices and commodities. It holds licences across several jurisdictions, with the head licence carried by Eightcap Pty Ltd under ASIC.
In Australia, Eightcap serves as Eightcap Pty Ltd, cleared by ASIC under licence number 391441. Under ASIC house rules, Australia traders are poured no more than 1:30 leverage on forex pairs.
Trading Platforms
Pros
- ASIC regulated, licence 391441
- 800+ instruments to trade
- Negative balance protection in Australia
- Platforms: MT4, MT5, TradingView
- Founded in 2009 (17 years operating)
- EUR/USD spread from 0.0 pips on raw/ECN accounts
Cons
- No inactivity fee
- 76% of retail clients burn their fingers
- CFDs only, you trade the price, you never own the dish
- No real stock ownership
Frequently Asked Questions
Is Eightcap regulated?
Yes. Eightcap is authorised by ASIC, issued to the entity Eightcap Pty Ltd, an authorisation you can look up for yourself on the official ASIC public register.
What is the minimum deposit for Eightcap in Australia?
The cover charge is $100, the smallest amount Australia traders need to open a live account with Eightcap under ASIC rules.
What leverage does Eightcap offer in Australia?
In Australia, ASIC rules cap Eightcap at 1:30 on forex pairs. A larger pour is sometimes available through offshore-regulated entities, with thinner protection to match.
Is Eightcap safe to trade with?
The kitchen passes inspection: Eightcap cooks under ASIC. A tier-1 regulator insists on segregated client money, negative balance protection and independent audits, while lighter offshore regimes offer weaker cover and often no compensation scheme. That does not make trading risk-free, so check which entity holds your account and what protections actually apply before you deposit.
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