Eightcap Review

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2.2/5 ⭐⭐☆☆☆ (6 Reviews)
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Contents

Fast Facts

Contact Info and Support

Pros and Cons

Deposits / Withdrawals

About us

Fast Facts

Founded: Account Currencies
2009 USD, EUR, GBP, AUD, NZD, CAD, and SGD
Trading Instruments: Trading Platforms:
Forex, Commodities, Indices, Shares, Cryptocurrencies MT4, MT5, TradingView
Funding Methods: Regulation
Visa/MasterCard, Bank Transfer, Skrill, Neteller, PayPal, POLi, China UnionPay FCA (UK) FSA (Seychelles) CySEC (Cyprus)
Max Leverage: Min Deposit:
1:1000 $100

 

Contact Info and Support

Website: https://www.eightcap.com/
Email: [email protected]
Telephone: +61 3 8375 9700

Company Address: Level 37, Rialto South Tower, 525 Collins Street, Melbourne, VIC 3000, Australia.

Supported languages: English, Chinese, Thai, Vietnamese, Korean, German, Italian, Spanish, French, Portuguese, Bulgarian, Indonesian, Malay

 

Pros and Cons

Pros Cons
Strong Regulation Limited Range of Instruments
Low Spreads & Competitive Fees Limited Research & Educational Content
Multiple Trading Platforms No Proprietary Trading Platform
Strong Crypto Trading Offering Conditions Vary by Entity
Low Minimum Deposit High Leverage Risk

 

Deposits / Withdrawals

  • Deposit Methods:- Visa/MasterCard, Bank Transfer, Skrill, Neteller, PayPal, POLi, China UnionPay
  • Withdrawal Methods:- Visa/MasterCard, Bank Transfer, Skrill, Neteller, PayPal, POLi, China UnionPay

 

About Eightcap

Eightcap is a global trading- technology provider access to CFD markets and trading platforms, which was established in 2009. Eightcap offers trading services and facilities to both retail and institutional clients. Eightcap provide global financial market access to traders with a fast execution, competitive spreads and powerful tools to trade CFDs.


It mainly works with founded in Melbourne, Australia in 2009 and operates as a global CFD markets. It mainly focuses on tight spreads, fast execution, and 24/5 Customer Support.


On this platform, there are multiple asset classes such as forex, crypto, share, commodity and index. They are providing leverage up to 1:5 and a minimum deposit starting around $100. It is accessible for both beginner and experienced traders.


Eightcap uses its own proprietary trading platform, which is designed for quick execution and simplicity. This platform is web-based. And there are also advanced features available on MT4,MT5 and TradingView. Eightcap has positioned itself as the forex broker of choice for CFD traders global.

Customer Reviews

Mazade
⭐⭐⭐⭐☆

It was my first time to withdraw from my trading account and I was very happy to see the small amount in my bank account already. Fast customer service. Thank you Customer service

Thierry Ouellet
⭐☆☆☆☆

Eightcap had good pricing at first, but as soon as I started making money, they reduced my leverage from 1:500 to 1:300, which I accepted even though it didn’t seem justified. Then, the very next day, they increased my execution delay by more than 40 times, making my scalping strategy completely ineffective. I had even asked them beforehand whether my strategy was compatible with their platform, and they told me it was.

Phi Hoang
⭐☆☆☆☆

Scam and can not withdraw money from this broker. when you need to withdraw it, you need send to them all document from your company, all your insight to you. now is 3 weeks i just keep email and not receive money.

Tim Gilks
⭐☆☆☆☆

AVOID RUN. if there was less than 1 star that would be more appropriate. Very fast to take your money. Extremely slow to withdraw your money Constantly asking for different documents to be uploads NO responses and when you do get a live body the only thing you get is let me explain you The worse experience that I have had in 12 years of trading. NEVER Again If I ever get money I will update this but I don't believe there is any chance to get my money back.

Leme Joao Gustavo
⭐⭐⭐☆☆

Unfortunately, my promised bonus of 20% on my deposit has still not been applied, even after 11 days, which in my opinion is unacceptable. Despite several emails, I have not received any updates. I am really frustrated about this.

Paola Gomez
⭐⭐⭐☆☆

I had to wait a lot more that what I was told

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