Eightcap Review 2026
A licensed kitchen with real, checkable paperwork.
Eightcap opened its doors in 2009 and cooks as a regulated CFD broker, carrying ASIC licence 391441.
What's on the menu
Eightcap has been serving since 2009, with the kitchen based in Melbourne, Australia. The firm is privately held. The order book runs deep: 800 CFD instruments spanning forex, indices, commodities and crypto. Everything here is a contract for difference, so you are trading the price move, not owning the underlying dish.
MetaTrader comes plated on every account type. There is no copy-trading option here.
| Founded | 2009 |
| Headquarters | Melbourne, Australia |
| Instruments | 800+ |
| Platforms | MT4, MT5, TradingView |
| MetaTrader | Yes, MT4 and MT5 |
| Copy trading | No |
| Real stocks | No, CFDs only |
Kitchen inspection: is Eightcap safe?
ASIC-regulated brokers must maintain segregated client funds, meet strict capital requirements, and comply with Australian financial services law. Australia does not have a government-backed compensation scheme like the FSCS, but ASIC enforces high conduct standards.
| Regulator | Licence | Entity |
|---|---|---|
| ASIC | 391441 ✓ | Eightcap Pty Ltd |
| FCA | 921296 ✓ | Eightcap UK Ltd |
| SCB | SIA-F220 ✓ | Eightcap Global Ltd |
Want to inspect the kitchen yourself? Pull up asic.gov.au and look up the ASIC licence. The listing lays out the entity name, its authorisation status and the full list of what it is cleared to do. A minute, tops.
Ready to open an account?
Eightcap - ASIC regulated, min deposit $100, 800+ instruments.
Ingredient costs: Eightcap spreads
Here is what the raw ingredients cost on a standard Eightcap account. Spreads breathe with the market and with your account tier; step up to an ECN or raw-spread table and the spread shrinks, but a per-trade commission joins the bill.
| EUR/USD | From 0.0 (ECN) + commission pips |
| GBP/USD | 0.3 pips pips |
| USD/JPY | 0.1 pips pips |
| Gold (XAU/USD) | 15c/oz |
| S&P 500 | 0.4pt |
That EUR/USD figure of From 0.0 (ECN) + commission pips carries a bit more markup than the ECN-first kitchens, though it is normal fare for a table with no per-trade commission.
The bill: Eightcap withdrawal fee and timing
Cost to take money out: None. Eightcap does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
How long it takes: 1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
No cash leaves the till until your identity checks out. If your proof of ID and address are not yet filed and cleared, the payout waits; once you are fully verified, cash-outs follow the timings shown above.
The cover charge by entity
The opening deposit at Eightcap depends on which entity seats your country. Offshore branches tend to set a smaller cover charge, but you dine with a thinner layer of regulatory protection.
| Entity | Regulator | Min deposit | Max leverage (forex) |
|---|---|---|---|
| Eightcap Pty Ltd | ASIC 391441 | $100 | 1:30 |
| Eightcap UK Ltd | FCA 921296 | $100 | 1:30 |
| Eightcap Global Ltd | SCB SIA-F220 | $100 | 1:500 |
Eightcap vs eToro
| Eightcap | eToro | |
|---|---|---|
| Primary regulator | ASIC 391441 | FCA 583263 |
| Min deposit | $100 | $50 |
| EUR/USD spread | From 0.0 (ECN) + commission pips | 1.0 pips |
| MetaTrader | Yes | No |
| Instruments | 800+ | 3,000+ |
| Copy trading | No | Yes |
| Withdrawal fee | None | $5 per withdrawal |
Both kitchens hold real licences, so neither is a bad table. Pull up a chair at Eightcap if you value MetaTrader and running algorithms. eToro plates up better for anyone who leans on its particular regulated-entity coverage.
The licences, line by line
| ASIC | 391441, Eightcap Pty Ltd |
| FCA | 921296, Eightcap UK Ltd |
| SCB | SIA-F220, Eightcap Global Ltd |
Under ESMA house rules, retail traders in the EU and UK are served leverage no higher than 1:30 on the major forex pairs. The offshore entity will pour up to 1:500, but that comes with a lighter seal of protection.
What tastes good, what leaves a bad aftertaste
Cooked well
- ASIC regulated, Eightcap Pty Ltd
- MetaTrader 4 and 5 available
- No inactivity fee
- Tight EUR/USD spread from 0 pips
- Regulated in 3 jurisdictions
Sent back
- No copy trading
- No real stock ownership, CFDs only
- High leverage only via offshore entity
Compare Eightcap before you commit
4.0/5 rating - ASIC regulated - min deposit $100
The verdict
Nothing on the plate here is fake: Eightcap is a genuine, regulated broker, and ASIC licence 391441 checks out on the public register. The table is set best for traders who want MetaTrader served on a regulated platform. We rate it 4.0 out of 5.
Other tables worth a look
If Eightcap is not quite to your taste, these regulated kitchens are worth comparing:
Frequently asked questions
Is Eightcap safe?
ASIC-regulated brokers must maintain segregated client funds, meet strict capital requirements, and comply with Australian financial services law. The kitchen holds ASIC licence 391441, and you can confirm it for yourself on the official register.
What is the Eightcap minimum deposit?
The cover charge is $100 at the main regulated entity. Offshore branches may plate it differently, so check the entity table above for the full spread.
What is the Eightcap EUR/USD spread?
On a standard Eightcap account the EUR/USD ingredient runs about From 0.0 (ECN) + commission pips. It moves with the market; an ECN or raw table trims the spread in exchange for a per-trade commission.
How long does Eightcap take to process withdrawals?
1 to 3 business days. E-wallet and card withdrawals are typically faster than bank wire transfers.
Does Eightcap charge withdrawal fees?
None. Eightcap does not charge deposit or withdrawal fees. Your payment provider may apply their own transfer fees.
Does Eightcap have MetaTrader?
Yes. Both MT4 and MT5 are on the menu across every account type, so automated strategies, custom indicators and expert advisors are all on the table.