Eightcap Review 2026
Eightcap is a Melbourne-founded raw-spread CFD broker with ASIC, FCA and CySEC entities and native TradingView execution in supported regions.
- 75 / 100
- Compliant
- Australia
- ASIC
- CySEC
- FCA
- SCB Bahamas
- FSA Seychelles
- FSC Mauritius
- Min. Deposit
- $100
- Max. leverage
- 1:30 retail AU/UK/EU; higher offshore
- Spread From
- 0.0 pip
- Commission
- $7/lot
- Trading platforms
- MetaTrader 4, MetaTrader 5 and TradingView where the entity offers native execution.
Key features
- Eightcap Pty Ltd AFSL 391441
- Eightcap Group Ltd FCA 921296
- Eightcap EU Ltd CySEC 246/14
- TradingView and MT4/MT5 on supported entities
Regional coverage
Strong fit for Australia, UK and EU traders who want TradingView. International clients may be routed to the Bahamas entity.
Investor protection
FCA clients may access FSCS where eligible. CySEC clients may access ICF compensation. ASIC clients follow Australian retail CFD rules. SCB accounts do not have equivalent UK/EU compensation.
Licenses and Legal Entities
Match the legal entity and license number below against the account agreement before you deposit.
SCB Bahamas · License No. SIA-F220
Eightcap Global Limited · Global / International
FSA Seychelles · License No. SD100
Eightcap International Ltd · Global / International
FSC Mauritius · License No. GB25204603
Eightcap International Trading · Selected jurisdictions
Trading conditions
- Min. Deposit
- $100
- Spread From
- 0.0 pip Raw
- Commission
- $7/lot
- Max. leverage
- 1:30 retail AU/UK/EU; higher offshore
- Islamic
- Not confirmed
- Trading platforms
- MetaTrader 4, MetaTrader 5 and TradingView where the entity offers native execution.
Spreads shown are minimum values from the lowest-spread account type. Actual spreads vary by account, instrument, and market conditions. Islamic (swap-free) account availability may depend on your region and entity. Always verify directly with the broker.
8-pillar score
Weighted /100
Pros
- Holds at least one tier-1 licence (FCA, ASIC, CySEC, DFSA, CFTC/NFA or FMA).
- Multiple legal entities are documented, so you can match the company in the client agreement.
- Advertises raw / 0.0-pip pricing on at least one account path.
- Both MetaTrader 4 and MetaTrader 5 are listed.
- TradingView is listed on the platform stack.
Cons
- At least one offshore entity is in the group. Protection and leverage follow that company, not the brand name.
- Islamic / swap-free availability is not confirmed on this page.
- Retail leverage is capped near 1:30 on the UK/EU/AU-style entities listed here.
Usually not for
- Traders who require a confirmed swap-free account before opening.
- US residents who need a CFTC/NFA retail forex broker.
How do I choose a licensed forex broker?
Choose the entity licensed where you live — FCA (UK), CySEC (EU), ASIC (Australia) or DFSA (Dubai/Gulf) — and match its license number to the client agreement before you deposit.
Detailed explanation
A brand is not a license. Compensation, leverage caps and complaints follow the company that opens the account. CySEC covers the EEA (Cyprus ICF). FCA sits under UK rules and the FSCS. ASIC serves Australian retail clients. DFSA serves the DIFC. Offshore entities such as FSA Seychelles or FSC Belize sit outside those schemes.
Example
A UK account under an FCA-authorised company can use the Financial Ombudsman and, if the firm fails, the FSCS (up to £85,000). The same brand’s Seychelles entity would not.
Common mistake
Treating a CySEC, FCA or ASIC logo on a landing page as proof that your account is covered. Many groups onboard international clients through an offshore company. If the agreement names that company, the EU, UK or Australian compensation scheme does not apply.
Professional tip
Search the official register by license number, not only by brand. Confirm the status is authorised or active, that forex or CFDs are listed, and that the legal name matches the agreement before the first deposit.