IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
TickmillEightcap Review
Written by Steven Hatzakis
Edited by John Bringans
Fact-checked by Blain Reinkensmeyer
Steven HatzakisSteven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. He is a forex industry expert and an active fintech and crypto researcher.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Eightcap is more than just a MetaTrader broker. It also offers the popular TradingView platform, and other third-party resources.
Though Eightcap’s crypto offering continues to impress me, the broker’s narrow range of overall markets, lack of standout educational content, and limited research materials leave it struggling to keep up with the best forex brokers in the industry.
-
Minimum Deposit:
$100 -
Trust Score:
85 -
Tradeable Symbols (Total):
800
| Range of Investments | |
| Commissions & Fees | |
| Platforms & Tools | |
| Research | |
| Mobile Trading | |
| Education |
Check out ForexBrokers.com's picks for the best forex brokers in 2025.
| 2025 | #38 |
| 2024 | #37 |
| 2023 | #34 |
| 2022 | #31 |
| 2021 | #24 |
Can I open an account with this broker?
Use our country selector tool to view available brokers in your country.
Table of Contents
Eightcap pros & cons
Pros
- Vast selection of 200+ crypto CFDs and robust crypto tools.
- Offers MetaTrader, TradingView, and MT5's FlashTrader EA plug-in.
- AI-powered economic calendar adds a smart trading edge.
Cons
- Limited research content and sparse educational videos.
- Market range is narrow compared with top multi-asset brokers.
- No proprietary mobile app; relies on third-party platforms.
My top takeaways for Eightcap in 2025:
- Offers a vast selection of over 200 cryptocurrency CFDs and received best-in-class honors for Crypto Trading in our 2025 Awards.
- Eightcap offers the award-winning TradingView platform (TradingView is the sole platform option for Eightcap's U.K.-based clients).
- Educational content has improved slightly with the launch of the Eightcap Labs section which contains a good variety of articles.
- Eightcap’s research content had improved with the launch of "Trading week ahead" and Trading outlook videos, but new content appears paused since February with no new videos in the last few months (besides promotional ones).
- The range of markets, accounts, and execution methods available at Eightcap simply can’t compete with the best MetaTrader brokers.
Trust score
Developed by ForexBrokers.com and in use for nearly 10 years, Trust Score is a proprietary rating system powered by a range of unique quantitative and qualitative metrics, including each company’s number of regulatory licenses. Trust Scores range from 1 to 99 (the higher a broker’s rating, the better). Learn more.
Is Eightcap safe?
Eightcap is considered Trusted, with an overall Trust Score of 85 out of 99. Eightcap is not publicly traded, does not operate a bank, and is authorised by three Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulators (High Risk). Eightcap is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC), Financial Conduct Authority (FCA), and regulated by CySEC, allowing registration in the European Union via the MiFID passporting system. Learn more about Trust Score or see where the different Eightcap entities are regulated.
| Feature |
 Eightcap
|
|---|---|
| Year Founded | 2009 |
| Publicly Traded (Listed) | No |
| Bank | No |
| Tier-1 Licenses | 3 |
| Tier-2 Licenses | 0 |
| Tier-3 Licenses | 0 |
| Tier-4 Licenses | 1 |
Range of investments
Eightcap’s 56 forex pairs and roughly 800 CFDs put its range of investments in line with the industry average. Eightcap offers various asset classes, including shares, indices, commodities, and cryptocurrencies. The range of markets available at Eightcap will depend on the platform you use, your country of residence, and the Eightcap entity that holds your account. The following table summarizes the different forex and CFD investment products available to Eightcap clients.
Cryptocurrency: Cryptocurrency trading is available at Eightcap through CFDs, but not available through trading the underlying asset (e.g. buying Bitcoin). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents.
| Feature |
Eightcap
|
|---|---|
| Forex Trading (Spot or CFDs) | Yes |
| Tradeable Symbols (Total) | 800 |
| Forex Pairs (Total) | 56 |
| U.S. Stock Trading (Non CFD) | No |
| Int'l Stock Trading (Non CFD) | No |
| Social Trading / Copy Trading | Yes |
| Cryptocurrency (Physical) | No |
| Cryptocurrency (Derivative) | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Eightcap fees
Eightcap offers two account types across its global entities, including those licensed in Australia, the Bahamas, the U.K., and Cyprus. The commissions and fees you pay will depend on whether you choose the commission-based Raw account or the spread-only Standard account.
Eightcap lists an average spread of 0.06 pips for its commission-based Raw account. However, after factoring in the per-side commission of $3.50 per trade, the all-in cost amounts to roughly 0.76 pips – coming in just under the industry average of 0.8 pips.
Overall, Eightcap is slightly more expensive than the lowest-cost forex brokers.
| Feature |
Eightcap
|
|---|---|
| Minimum Deposit | $100 |
| Average Spread EUR/USD - Standard | 1.0 |
| All-in Cost EUR/USD - Active | 0.76 |
| Active Trader or VIP Discounts | No |
| ACH or SEPA Transfers | No |
| PayPal (Deposit/Withdraw) | Yes |
| Skrill (Deposit/Withdraw) | Yes |
| Visa/Mastercard (Credit/Debit) | Yes |
| Bank Wire (Deposit/Withdraw) | Yes |
Mobile trading apps
With no proprietary mobile app available, Eightcap simply can’t compete with industry leaders like IG and Saxo. For our top picks among trading apps, read our guide to best forex trading apps.
Apps overview: Eightcap offers the MetaTrader platform suite; iOS and Android versions of the MT4 and MT5 app are both available for download from the Apple App Store and Google Play store, respectively. In addition, the popular TradingView mobile app, widely known for its powerful charting capabilities, is available at Eightcap. Learn more by checking out our TradingView guide.
A chart in MetaTrader 4's mobile app, accessed through Eightcap's offering.
| Feature |
Eightcap
|
|---|---|
| Android App | Yes |
| Apple iOS App | Yes |
| Mobile Alerts - Basic Fields | Yes |
| Watchlist Syncing | Yes |
| Mobile Charting - Draw Trendlines | Yes |
| Mobile Charting - Multiple Time Frames | Yes |
| Mobile Economic Calendar | Yes |
| Mobile Charting - Indicators / Studies | 30 |
Trading platforms
Eightcap offers the full MetaTrader platform suite (MetaTrader 4 and the newer MetaTrader 5), along with TradingView. To enhance the default MT5 experience, Eightcap also provides the FlashTrader EA, an automated trading tool that adds stops and targets to every trade, allowing you to focus more on strategy.
A trade ticket and chart on MetaTrader 5's web platform, accessed through Eightcap's offering.
Platform availability, however, may vary depending on the jurisdictional entity covering your account. Under the FCA entity for U.K. clients, only TradingView is available (not MetaTrader). Meanwhile, under the CySEC entity, only MT5 (not MT4) and TradingView are offered.
With a variety of extra features that elevate the standard MetaTrader experience, Eightcap has positioned itself closer to what the best MetaTrader brokers provide. In addition to these platforms, Eightcap’s in-house Eightcap Labs initiatives also offer a range of trading tools to further support your trading strategy.
| Feature |
Eightcap
|
|---|---|
| Virtual Trading (Demo) | Yes |
| Proprietary Platform | No |
| Desktop Platform (Windows) | Yes |
| Web Platform | Yes |
| Social Trading / Copy Trading | Yes |
| MetaTrader 4 (MT4) | Yes |
| MetaTrader 5 (MT5) | Yes |
| DupliTrade | No |
| ZuluTrade | No |
| Charting - Indicators / Studies (Total) | 30 |
| Charting - Drawing Tools (Total) | 15 |
| Charting - Trade From Chart | Yes |
| Watchlists - Total Fields | 7 |
Research
Eightcap produces a modest variety of research content that includes daily updates in both written and video format – however, its research offering doesn’t stack up against what the best brokers offer. For example, content on its YouTube channel related to research has not been updated recently with the last research video in May 2024, or at least two months around the time of this update.
Research overview: Eightcap’s research primarily takes the form of daily written updates from its in-house staff – such as its Trading Week Ahead series – accompanied by the occasional video posted to the firm’s YouTube channel, which hosts its Market Update and Trade Zone video series, along with content from Eightcap Labs.
Market news and analysis: Expanding the range of research by integrating third-party research tools and content (such as Autochartist and Trading Central) would help lift Eightcap’s ranking in this category.
Economic calendar events within Eightcap’s platform, supporting decision-making and market analysis.
| Feature |
Eightcap
|
|---|---|
| Daily Market Commentary | Yes |
| Forex News (Top-Tier Sources) | No |
| Autochartist | No |
| Trading Central (Recognia) | No |
| Social Sentiment - Currency Pairs | Yes |
Education
Eightcap’s educational offering delivers a wide variety of written articles, but only a limited selection of videos. Some of the best brokers in this category offer lesson programs, complete with quizzes and progress tracking – features that are absent at Eightcap.
Learning center: Eightcap offers just a dozen educational videos, and a handful of archived webinars, such as its TraderFest series which covers CFDs and forex. These videos are archived on its YouTube channel and organized by playlist. The selection of written educational content articles has improved, and includes at least 74 articles covering fundamentals and trading strategies, following the launch of Eightcap Labs.
Steven's expert take
"While its new Eightcap Labs section is a nicely re-designed interface, expanding the selection of educational videos and organizing articles by experience level would help balance Eightcap’s overall educational offering, in addition to adding organized educational courses, quizzes, and progress-tracking."
Eightcap Lab's educational content from its Learning Academy, including trading strategies and even e-books.
| Feature |
Eightcap
|
|---|---|
| Education (Forex or CFDs) | Yes |
| Client Webinars | No |
| Client Webinars (Archived) | Yes |
| Videos - Beginner Trading Videos | Yes |
| Videos - Advanced Trading Videos | No |
| Investor Dictionary (Glossary) | Yes |
Final thoughts
By offering various platform plug-ins and granting access to third-party tools like FlashTrader EA, Eightcap has taken strides to improve on the standard MetaTrader platform suite. Eightcap also offers a stellar cryptocurrency offering, leading us to recognize it for best-in-class honors in our 2025 Annual Awards.
Significant hurdles remain for Eightcap to become a top MetaTrader broker, such as its narrow range of available markets and lack of a proprietary mobile app.
Eightcap Star Ratings
| Feature |
Eightcap
|
|---|---|
| Overall Rating |
|
| Trust Score | 85 |
| Range of Investments |
|
| Commissions & Fees |
|
| Platforms & Tools |
|
| Research |
|
| Mobile Trading |
|
| Education |
|
ForexBrokers.com has been reviewing online forex brokers for over eight years, and our reviews are the most cited in the industry. Each year, we collect thousands of data points and publish tens of thousands of words of research. Here's how we test.
Our testing
Why you should trust us
Steven Hatzakis is a well-known finance writer, with 25+ years of experience in the foreign exchange and financial markets. He is the Global Director of Online Broker Research for Reink Media Group, leading research efforts for ForexBrokers.com since 2016. Steven is an expert writer and researcher who has published over 1,000 articles covering the foreign exchange markets and cryptocurrency industries. He has served as a registered commodity futures representative for domestic and internationally-regulated brokerages. Steven holds a Series III license in the US as a Commodity Trading Advisor (CTA).
All content on ForexBrokers.com is handwritten by a writer, fact-checked by a member of our research team, and edited and published by an editor. Our ratings, rankings, and opinions are entirely our own, and the result of our extensive research and decades of collective experience covering the forex industry.
Ultimately, our rigorous data validation process yields an error rate of less than .1% each year, providing site visitors with quality data they can trust. Click here to learn more about how we test.
How we tested
At ForexBrokers.com, our online broker reviews are based on our collected quantitative data as well as the observations and qualified opinions of our expert researchers. Each year we publish tens of thousands of words of research on the top forex brokers and monitor dozens of international regulator agencies (read more about how we calculate Trust Score here).
Mobile testing is conducted on modern devices that run the most up-to-date operating systems available:
- For Apple, we use MacBook Pro laptops running macOS 15.3, and the iPhone XS running iOS 18.3.
- For Android, we use the Samsung Galaxy S20 and Samsung Galaxy S23 Ultra devices running Android OS 15.
All websites and web-based platforms are tested using the latest version of the Google Chrome browser.
Our researchers thoroughly test a wide range of key features, such as the availability and quality of watch lists, mobile charting, real-time and streaming quotes, and educational resources – among other important variables. We also evaluate the overall design of the mobile experience, and look for a fluid user experience moving between mobile and desktop platforms.
ForexBrokers.com 2025 Annual Awards
For the ForexBrokers.com 2025 Annual Awards, brokers were evaluated against ForexBrokers.com’s 8 Primary Categories: Commissions & Fees, Range of Investments, Platforms & Tools, Mobile Trading Apps, Research, Education, Trust Score, and Overall.
Best in Class honors were awarded to the Top 7 forex brokers in each of the following areas: Beginners, Copy Trading, Ease of Use, MetaTrader, TradingView, Algo Trading, Crypto Trading, and Professional Trading.
Category awards
| Rank #1 | Streak #1 | Best in Class | Best in Class Streak | |
| Crypto Trading | 4 |
Forex Risk Disclaimer
There is a very high degree of risk involved in trading securities. With respect to margin-based foreign exchange trading, off-exchange derivatives, and cryptocurrencies, there is considerable exposure to risk, including but not limited to, leverage, creditworthiness, limited regulatory protection and market volatility that may substantially affect the price, or liquidity of a currency or related instrument. It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable, or that they will not result in losses. Read more on forex trading risks.
Article Resources
Eightcap Regulation Eightcap Education, Eightcap YouTube channel
Read next
- Best Forex Brokers for 2025
- Best Low Spread Forex Brokers for 2025
- Compare Forex Brokers
- Best Copy Trading Platforms for 2025
- Best Forex Brokers for Beginners of 2025
- International Forex Brokers Search
- Best TradingView Brokers for 2025
- Best MetaTrader 4 (MT4) Brokers for 2025
- Best Forex Trading Apps for 2025
More Forex Guides
Popular Forex Broker Reviews
About Eightcap
Eightcap was established in 2009 in Melbourne, Australia, and holds an Australian Financial Service License (AFSL) with the Australian Securities & Investment Commission (ASIC). Eightcap's U.K. entity, Eightcap Group Ltd, is authorised and regulated by the Financial Conduct Authority (FCA), and its EU entity is authorised by the Cyprus Securities and Exchange Commission (CySEC). Finally, in the offshore island nation of the Bahamas, Eightcap Global Pty Ltd holds regulatory status with the Securities Commission of the Bahamas (SCB).
About the Editorial Team
Steven Hatzakis is the Global Director of Online Broker Research for ForexBrokers.com. Steven previously served as an Editor for Finance Magnates, where he authored over 1,000 published articles about the online finance industry. A forex industry expert and an active fintech and crypto researcher, Steven advises blockchain companies at the board level and holds a Series III license in the U.S. as a Commodity Trading Advisor (CTA).
John Bringans is the Managing Editor at ForexBrokers.com. An experienced media professional, John has a decade of editorial experience with a background that includes key leadership roles at global newsroom outlets. He holds a Bachelor’s Degree in English Literature from San Francisco State University, and conducts research on forex and the financial services industry while assisting in the production of content.
Blain Reinkensmeyer has 20 years of trading experience with over 2,500 trades placed during that time. He heads research for all U.S.-based brokerages on StockBrokers.com and is respected by executives as the leading expert covering the online broker industry. Blain’s insights have been featured in the New York Times, Wall Street Journal, Forbes, and the Chicago Tribune, among other media outlets.