What Is Eightcap?
Eightcap launched in Melbourne, Australia in 2009. For about a decade they were a well-regulated but unremarkable Australian broker — solid ASIC oversight, decent spreads, standard MT4/MT5 setup. The kind of broker that professional traders use without making a fuss about it.
Then they became one of the first retail forex brokers to offer native TradingView integration with live order execution. That changed the conversation.
If you use TradingView for charting — and a lot of retail traders do, because its charting environment is genuinely excellent — Eightcap allows you to place real trades directly from TradingView's interface. Not copy trades. Not a separate order window. Click on the chart, execute. That is a meaningful workflow change for traders who have always used TradingView for analysis and a separate platform for execution.
Eightcap is regulated by ASIC in Australia, the FCA in the UK, and the SCB in the Bahamas. ASIC and FCA are the tier-1 licences — they carry real client protection obligations, segregated account requirements, and formal complaints processes. The SCB entity handles clients from regions not covered by ASIC or FCA.
How Eightcap Works
Eightcap operates on a hybrid model. Raw accounts route orders through to liquidity providers (STP execution) with 0.0 pip spreads and a per-lot commission. Standard accounts add a markup to the raw spread and charge no separate commission.
Execution is fast. Eightcap has invested in infrastructure across Australian and UK data centres, and latency for major pairs during London-New York overlap is competitive. For scalpers, the Raw account execution quality is the relevant metric — and it holds up.
Account types: Standard (spread markup, no commission), Raw (tight spread, commission per lot). No complex tiered structure with five account types and confusing upgrade paths. Two options, each with a clear use case. Eightcap's product design is notably clean compared to brokers who bundle account types with bonuses and leverage tiers to obscure the actual cost structure.
Trading Platform
| Platform | Availability | Key Feature |
|---|---|---|
| MetaTrader 4 | Desktop, Web, iOS, Android | EA support, indicator ecosystem |
| MetaTrader 5 | Desktop, Web, iOS, Android | Multi-asset, better depth of market |
| TradingView | Web, iOS, Android (via integration) | Execute trades directly from TradingView charts |
The TradingView integration is the headline. Here is what it actually means in practice:
You have your TradingView chart open. You are watching EUR/USD, you have your favourite indicators running, you have drawn your support and resistance levels. You see your setup. Instead of switching to MT4, finding EUR/USD, sizing the position, and hoping you did not miss the entry in the time it took — you execute directly on the TradingView chart. One click. Position appears in TradingView's trade panel. You can see P&L on the chart itself.
This is a genuine workflow improvement for traders who already live in TradingView. It removes the friction between analysis and execution. It also means your charts are your trading interface — you are not switching between two environments with different visual layouts.
TradingView integration is broker-agnostic in concept — TradingView offers it through select brokers. Eightcap was an early adopter and remains one of the better-integrated partners. Coverage includes forex, indices, commodities, and a large slice of the crypto CFD range.
MetaTrader 4 and MT5 remain available for traders who need EA support, existing indicator setups, or prefer the MetaTrader environment for whatever reason. Full EA compatibility, standard MT4 charting, one-click trading. Nothing has been stripped from the MetaTrader setup.
Assets & Instruments
250+ instruments (note: this is deliberately tighter than brokers who list 5,000+ instruments by including every obscure ETF and bond future):
| Asset Class | Examples | Approximate Count |
|---|---|---|
| Forex | EUR/USD, GBP/JPY, USD/ZAR, exotics | 40+ |
| Indices | S&P 500, FTSE 100, ASX 200, DAX, Nikkei | 20+ |
| Commodities | Gold, Silver, WTI, Brent, Natural Gas | 15+ |
| Shares CFDs | US and EU major stocks | 100+ |
| Cryptocurrencies | BTC, ETH, SOL, ADA, DOGE, MATIC, 100+ pairs | 100+ |
Crypto is where Eightcap extends well beyond typical forex brokers. 100+ cryptocurrency pairs available as CFDs. Most forex-first brokers offer 10-15 crypto pairs as an afterthought. Eightcap's crypto coverage includes major coins, mid-cap altcoins, and DeFi tokens — enough that crypto-focused traders can manage a diversified digital asset exposure through a regulated broker rather than an unregulated crypto exchange.
This matters for a specific type of trader: someone who wants exposure to crypto price movements, wants to go long and short, and wants to do it through a regulated entity where their funds are segregated and protected — rather than leaving assets on a centralised exchange that can freeze withdrawals or go bankrupt.
The forex count (40+) is tighter than some brokers. If you need very exotic pairs — USD/NGN, USD/KES — Exness is the better choice. Eightcap's coverage focuses on the pairs that most retail traders actually trade.
Spreads, Fees & Costs
| Account | EUR/USD Spread | Gold (XAU/USD) Spread | Commission |
|---|---|---|---|
| Standard | From 1.0 pips | From 0.3 pips | None |
| Raw | From 0.0 pips | From 0.09 pips | From $3.50/lot |
Standard is the clean option. Raw is for frequent traders where the spread-to-commission maths pays off. On Raw, at $3.50 per lot round-trip, the break-even versus Standard depends on the Standard spread for the specific instrument — typically Raw becomes advantageous above 3-5 lots per day.
Fees to watch:
- No inactivity fee. Eightcap does not charge you for going quiet. If you are a swing trader who takes weeks off during slow market conditions, this is relevant.
- Overnight swap: Standard CFD financing applies to positions held past rollover. Crypto swaps are higher than forex — factor this in if you plan to hold crypto CFDs for more than a day or two.
- No deposit fees from Eightcap's side.
- Withdrawal fees: Generally no Eightcap-side fee for most methods. Bank wire may attract charges from the receiving bank.
- Currency conversion: Applies when account base currency differs from instrument currency.
Deposits and Withdrawals
Minimum Deposit
$100 USD (or equivalent). Standard for regulated ASIC/FCA brokers in this class.
Accepted Payment Methods
| Method | Deposit Speed | Withdrawal Speed | Notes |
|---|---|---|---|
| Bank Wire | 1-3 business days | 1-3 business days | No Eightcap fee |
| Visa/Mastercard | Instant | 1-3 business days | Standard card rules |
| Skrill | Instant | 1-3 business days | E-wallet |
| Neteller | Instant | 1-3 business days | E-wallet |
| Cryptocurrency | Under 1 hour | Under 1 hour | BTC, ETH, USDT |
| PayID (Australia) | Instant | Same day | AU clients only |
Withdrawals
Withdrawals are processed within 1-3 business days. Eightcap's withdrawal track record is consistent — verified across retail trading forums and official regulatory registries without systemic delay complaints. Standard AML regulations mandate returning funds to the original deposit method prior to routing profits via bank wire.
While not instant, execution remains dependable and transparent.
Risk Warning: CFD trading involves significant risk of capital loss. Cryptocurrency CFDs are highly volatile and subject to wide price gaps. 71% of retail investor accounts lose money when trading CFDs with Eightcap. Leverage amplifies both gains and losses. Negative balance protection applies to retail accounts under ASIC and FCA oversight. Do not trade with capital you cannot afford to lose entirely.
Regulation and Safety
Eightcap operates through multiple regulated entities tailored to specific geographic jurisdictions:
| Regulatory Authority | Operating Entity | Licence / Ref | Jurisdiction Scope |
|---|---|---|---|
| ASIC | Eightcap Pty Ltd | AFSL 391441 | Australian retail and wholesale clients, AFCA dispute resolution |
| FCA | Eightcap Group Ltd | FRN 921296 | United Kingdom retail clients, FSCS protection up to £85,000 |
| SCB | Eightcap Global Limited | SIA-F169 | International clients outside Australia and the UK |
ASIC and FCA represent tier-one regulatory oversight with rigorous capital adequacy and client asset protection standards. Under FCA regulation, eligible UK retail clients have access to the Financial Services Compensation Scheme (FSCS) up to £85,000. Under ASIC, Australian client funds are segregated in trust accounts with Australian Authorised Deposit-taking Institutions (ADIs).
The SCB (Securities Commission of the Bahamas) entity facilitates trading for international clients where higher leverage and broader crypto CFD trading are permitted. Traders should verify their assigned contracting entity upon registration.
Eightcap vs. Competing Forex & CFD Brokers
To assess how Eightcap compares with alternative platforms in the Forex and CFD cluster, review the structural comparison below:
| Comparison Metric | Eightcap | AvaTrade | FxPro | FN Markets |
|---|---|---|---|---|
| Execution Model | STP / ECN | Market Maker | No Dealing Desk (NDD) | ECN Direct |
| Tier-1 / Statutory Licences | ASIC (391441), FCA (921296) | CBI (C53877), ASIC (406684) | FCA (509956), CySEC (078/07) | Seychelles FSA (SD130) |
| Minimum Deposit | $100 | $100 | $100 | $200 |
| Core Advantage | Direct TradingView execution | AvaOptions vanilla options | 4 platforms (cTrader Level 2) | Tight ECN raw spreads |
| Crypto CFD Pairs | 100+ pairs | 14 pairs | 10+ pairs | Select crypto CFDs |
| Detailed Review | Current Review | AvaTrade Review | FxPro Review | FN Markets Review |
Who Eightcap Is Best For
Good fit if you:
- Already use TradingView for charting and want to execute directly from it without switching applications
- Trade cryptocurrency CFDs and want 100+ pairs at a regulated, ASIC/FCA-licensed broker
- Want a clean two-account-type structure without confusing upgrade paths
- Are an Australian client who wants ASIC regulation with PayID support (see our Australia trading guide)
- Run MT4 or MT5 EAs and want a reliable, fast execution environment
- Are a tech-forward trader who appreciates workflow integration over raw instrument count
Not the right broker if you:
- Need 1,000+ share CFDs — FxPro or XTB Review provide significantly larger stock selections
- Need exotic African or Asian currency pairs — Exness covers that better
- Want instant 24/7 withdrawals — Eightcap is standard 1-3 days
- Need cTrader — FxPro is the better choice for that
- Want vanilla options trading — AvaTrade's AvaOptions is the right place for that
Eightcap by Country: Operating Entity, Access, and Regulatory Status
Eightcap assigns client accounts to distinct corporate operating entities depending on residency:
- Australia: Retail traders contract directly with Eightcap Pty Ltd, authorized by the Australian Securities and Investments Commission (ASIC AFSL 391441). Client funds are segregated in Australian Authorised Deposit-taking Institutions (ADIs), and disputes can be submitted to AFCA. Review our dedicated Australia trading guide for local banking and PayID integration details.
- United Kingdom: UK residents contract with Eightcap Group Ltd, authorized and regulated by the Financial Conduct Authority (FCA FRN 921296), with eligible deposits protected under the Financial Services Compensation Scheme (FSCS) up to £85,000.
- International & Emerging Markets: Traders outside Australia and the UK contract with Eightcap Global Limited, authorized by the Securities Commission of the Bahamas (SCB SIA-F169). This international entity enables access to flexible leverage and multi-asset crypto CFDs.
Our Verdict
Eightcap's direct TradingView broker integration represents a meaningful workflow enhancement for modern technical traders, removing execution friction between chart analysis and order placement.
Its cryptocurrency CFD coverage — featuring over 100 pairs under ASIC and FCA regulatory oversight — provides an alternative for digital asset traders seeking client fund segregation and negative balance protection rather than unregulated exchange counterparty risk.
Our broker assessments follow an objective review methodology. All commercial partnerships and affiliate links are documented in our affiliate disclosure.
Open an Eightcap account and start on the demo account or connect your credentials within the TradingView trading panel to evaluate order routing quality.
Rating: 4.2 / 5 — Direct TradingView chart execution, 100+ crypto CFD pairs, and tier-one ASIC/FCA regulation. Focused instrument selection tailored to technical market participants.
Our Eightcap Rating
Overall Rating
| Min. Deposit | $100 |
| Max Payout | 80% |
| Demo Account | ✓ Free |
| Mobile App | ✓ iOS & Android |
| Withdrawal | 1–3 days |
| Registered In | ASIC |
| Regions | Global, Asia +more |
- ASIC & FCA regulated
- Raw spreads from 0.0 pips
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