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 clean — no notable pattern of delayed or refused withdrawals in the trader communities I monitor. Standard AML rules apply: original deposit method gets credited first.
Not instant like Exness. But reliable and consistent, which matters more to most traders than speed.
Risk Warning: CFD trading involves significant risk of capital loss. Cryptocurrency CFDs are highly volatile and can move substantially in short time periods. 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. This review is not financial advice.
Regulation and Safety
| Regulator | Jurisdiction | Client Protection |
|---|---|---|
| ASIC | Australia | Segregated accounts, conduct obligations, AFCA complaints access |
| FCA | United Kingdom | FSCS up to £85,000 per client |
| SCB | Bahamas | International clients outside ASIC/FCA scope |
ASIC and FCA are among the most respected regulators in retail financial services globally. FCA regulation carries FSCS protection up to £85,000 — the highest level of client compensation available in retail forex. UK-based traders at Eightcap have a legal compensation mechanism if the broker became insolvent.
ASIC regulation in Australia means Eightcap operates under the Australian Financial Services Licence (AFSL) framework. Client funds must be held in segregated accounts at Australian Authorised Deposit-taking Institutions. The Australian Financial Complaints Authority (AFCA) provides formal dispute resolution.
Negative balance protection applies to retail accounts under both ASIC and FCA oversight. You cannot lose more than your deposited capital on a standard account.
The SCB (Securities Commission of the Bahamas) entity is used for clients from regions not covered by ASIC or FCA. SCB is a legitimate but lighter regulator — less client protection than the primary licences. As with any multi-entity broker, confirm which legal entity your account is registered under.
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
- 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's 1,600+ is significantly more comprehensive
- 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
Our Verdict
Eightcap made a smart bet on TradingView integration and it has paid off. The ability to execute live trades from TradingView charts is not a gimmick — it genuinely removes friction in the analysis-to-execution workflow for traders who already use TradingView as their primary charting environment. A growing percentage of retail traders fit that description.
The crypto offering — 100+ pairs at a regulated broker — fills a genuine gap in the market. The alternative for most crypto traders is using an unregulated centralised exchange. ASIC and FCA oversight, segregated funds, negative balance protection, and crypto CFD access in one account is a combination that did not really exist a few years ago.
The instrument count (250+) is deliberately tighter than brokers who pad the numbers with obscure instruments that see five trades per day globally. If you need 5,000 instruments, Eightcap is the wrong place. If you need the instruments that actually matter — forex majors, key indices, major commodities, and a serious crypto selection — the coverage is enough.
Open an Eightcap account and connect it to your TradingView account first. The setup takes under ten minutes and you will understand the value immediately if TradingView is already in your workflow.
Rating: 4.2 / 5 — Best-in-class TradingView integration, 100+ crypto CFD pairs, ASIC/FCA regulated. Tighter instrument count than rivals, but what they offer they do well.
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
