Eightcap Review Australia 2026

Eightcap at a glance: 17 key facts

Eightcap Pty Ltd holds ASIC AFSL 391441 and has traded from Melbourne since a 2009 founding, on a A$100 minimum deposit and three platforms. The 17 key facts in the table below cover the entity, three further regulators and the fee schedule.

The spread row is reported on the basket rather than on a single pair, and the section below explains why.

Eightcap Raw account pricing, measured

Eightcap Raw account pricing measured 0.15 pips across the eight-pair basket over May to June 2026, tying IC Markets for the tightest raw result in that capture. Round-turn commission adds A$7.00 per standard lot, A$3.50 per side.

The measured figure is reported on the basket rather than on EUR/USD alone. Eightcap advertises EUR/USD from 0.0 pips, and an advertised floor of zero is a marketing minimum rather than an average, so no measured single-pair figure for EUR/USD is published here.

That 0.15 pip basket result tied IC Markets for the tightest raw account in the lowest spread brokers in Australia rankings, and the A$3.50 per-side rate places Eightcap in the tie group of the lowest commission forex brokers table.

Standard account for casual traders

The Standard account prices spread-only with no commission, at around 1.0 pip on EUR/USD. That account suits a handful of trades a week with no commission line on the statement, and prices materially dearer for anyone trading majors with frequency.

What it costs to trade with Eightcap

Trading one standard lot on the Eightcap Raw account costs A$7.00 in round-turn commission plus the measured spread, so what it costs to trade with Eightcap lands around 0.60 pips equivalent on the basket at an AUD/USD rate of 0.65.

The raw account model puts Eightcap in the same cost band as IC Markets Raw, Pepperstone Razor and Fusion Zero. Fusion Markets undercuts it on commission at A$4.50 round turn, and IC Markets matches it on measured spread while charging A$9.00.

Other fees AU traders should check

• Overnight swap rates apply on positions held past 5 PM New York time, direction-dependent and sometimes a credit.
• Currency conversion is charged on any instrument denominated outside the account base currency.
• Withdrawals cost A$0 on bank transfer and most card refunds.
• No inactivity fee applies, which is a real edge over the A$15 a month at CMC Markets and the A$25 a quarter at IG Markets.

Eightcap trading platforms

Eightcap trading platforms number three on the Australian entity: MT4, MT5 and native TradingView execution, plus the FlashTrader add-on for MT5. No cTrader and no proprietary platform run here.

TradingView (native trading integration)

Native TradingView trading is what pulls chart-led traders to this broker. A TradingView Pro or Premium account connects and executes live orders against an Eightcap account from inside the TradingView interface, with no flipping between TradingView for charts and MT4 for execution. The Pepperstone and OANDA platforms offer the same in Australia, and the experience is comparable across the three.

MetaTrader 4 and MetaTrader 5

MT5 covers forex, indices, commodities, crypto and share CFDs on this stack, with hedge mode and depth of market on most major instruments. FlashTrader automation, the Acuity analysis plugin and free VPS hosting are also available. MT4 remains the choice for a legacy expert advisor stack, paired with the same Raw pricing engine as MT5, so the cost per trade is identical across both.

Copy trading and mobile

Eightcap runs no dedicated third-party social trading platform, and copy trading is handled through the built-in MetaTrader Signals marketplace instead. The TradingView community features cover charts and trade ideas rather than broker copy trading. Both MetaTrader mobile platforms work cleanly, and the TradingView mobile app is where the native integration pays off, managing positions and opening orders from the same app used for charting.

Eightcap crypto CFD range

The Eightcap crypto CFD range numbers more than 250 derivative markets, the deepest of any ASIC-regulated broker in this coverage, at the ASIC 2:1 retail cap on every one.

That crypto range is the clearest differentiator on this page. The range runs from BTC and ETH through the long tail of altcoins and the crypto crosses most ASIC competitors do not list at all, where a typical Australian broker carries between six and thirty crypto CFDs.

Spreads on BTC/USD run wider than the major forex pairs, which is expected, and hold up against the rest of the Australian crypto CFD field. The 2:1 retail cap applies across all 250 plus markets, so position sizing is conservative by design regardless of which pair a client trades.

One support caveat matters more here than on any other page in this coverage. Crypto markets run 24 hours a day, seven days a week, and Eightcap support closes at the weekend. An account holding a crypto position over a Sunday reaches no live agent at all. The crypto CFD class is compared across the field in the guide to the crypto CFD market.

Is Eightcap safe? ASIC AFSL 391441

Eightcap Pty Ltd holds ASIC AFSL 391441, current since 29 April 2011, with no material ASIC enforcement action in the last 36 months, and the group adds FCA authorisation held since 23 December 2020.

ASIC regulation and global licences

Eightcap Pty Ltd holds AFSL 391441 with the Australian Securities and Investments Commission. The register records the licence as current since 29 April 2011 and lists Roco International Pty Ltd as the former name.

The licence stack holds three further entries:

• FCA (UK), Tier 1, authorised since 23 December 2020 (FRN 921296)
• CySEC (Cyprus, EU), Tier 1
• SCB (Bahamas), Tier 3, offshore wholesale only

The FCA authorisation is a second top-tier regulator, held by Eightcap Group Ltd since 23 December 2020 (FCA register, FRN 921296, checked 29 July 2026). The Bahamas entity serves offshore clients only, and Australian clients seeking higher leverage go through Wholesale classification under the Australian entity instead.

History and ownership

Eightcap was founded in Melbourne in 2009 by an Australian fintech team and remains privately held, Australian-owned and Australian-operated across three review cycles, which sets it apart from a number of mid-tier names that have changed hands. The broker was recognised in Investment Trends awards in 2023 and 2024.

Eightcap client money protection and AFCA membership

Eightcap client money protection runs through segregated accounts at an Approved Australian Bank, with mandatory negative balance protection and AFCA membership carrying disputes at no cost to the client.

Client money accounts sit separate from company funds. AFCA hears claims up to A$1,263,000 and awards compensation up to A$631,500. The Compensation Scheme of Last Resort sits behind that with an A$150,000 cap, and it excludes CFD trading losses, so it covers unpaid awards for misconduct rather than losing trades. The retail standard is set out in the guide to the ASIC negative balance protection requirement.

One account carve-out matters before a trader chases leverage. The Wholesale and Sophisticated classification surrenders negative balance protection along with the ASIC leverage caps.

Public reviews

Eightcap holds a Trustpilot rating of 4.1 out of 5 from 3,841 reviews, which Trustpilot labels great, captured August 2026. The profile has been claimed by the broker since June 2019.

Recurring platform praise covers the TradingView integration, the fast onboarding and the crypto coverage. Recurring complaints cover the withdrawal verification lag on a first request, and the weekend support gap for crypto traders.

What other review sites say

TradingView users rate Eightcap 4.3 out of 5 from 7,845 ratings (August 2026). 51.1K TradingView users have connected a Eightcap account.

TradingView

4.3

7,845 ratings51.1K Traders via TradingViewAugust 2026View on TradingView

Eightcap account types and minimum deposit

Eightcap account types number two, and the minimum deposit is A$100 on both, sitting above the A$0 at Pepperstone and CMC Markets and below the US$200 at IC Markets.

Raw carries raw spreads plus commission and suits active traders, where Standard rolls the cost into the spread.

Wholesale classification

Eightcap offers Wholesale and Sophisticated client classification under the Australian entity rather than the offshore Bahamas one, which is a materially better structure than the offshore route several competitors use. The eligibility caps run on one of three tests: net assets over A$2.5 million, gross income over A$250,000 in two of the last three years, or an accredited Sophisticated Investor Assessment. Classification lifts forex leverage to 500:1 and removes the retail protections.

Minimum deposit

The A$100 minimum deposit applies on both accounts and is easy enough to clear without being zero. The 30-day renewable demo account features in the best demo trading accounts shortlist, which is the practical route to testing the TradingView integration before funding anything.

Eightcap funding methods and withdrawal times

Eightcap funding methods number seven, all at A$0, and withdrawal processing runs same day on PayPal to three business days on a card refund.

Deposit methods (AU clients)

Four of the seven credit instantly, and PayID and POLi are the two most useful for an Australian client because both settle without a card network in the middle.

Withdrawals

Withdrawals cost A$0 on standard methods and must use the same source as deposits wherever available, which follows anti-money-laundering compliance. Bank transfers take one to two business days, card refunds one to three, and PayPal settles same day in testing.

Account opening

Account opening runs fully online and AUSTRAC-compliant, taking one identity document and one proof of address, and most Australian applications cleared within an hour in testing.

Eightcap markets and instrument counts

Eightcap markets and instrument counts run across six asset classes led by 250 plus crypto derivative markets and 80 plus forex pairs. Share CFDs at around 600 names trail the multi-asset houses by an order of magnitude.

The range tilts toward forex and crypto with adequate share CFD coverage, and that tilt is the honest shape of the offer. Forex is the base of the book at 80 plus pairs including the full AUD cross set. Commodities run a standard Australian spread of contracts rather than a deep one.

Share CFDs

The share CFD list runs to around 600 names across ASX, NYSE, NASDAQ and LSE. Against the CMC Markets 10,000 plus that is thin, and the cons say so. No direct ASX share investing exists, so every equity position here is a CFD. The share CFD class is compared in share CFD brokers compared.

Eightcap leverage and margin under ASIC rules

Eightcap leverage and margin operate under a maximum retail leverage of 30:1 on major forex pairs, with the 2:1 crypto cap binding hardest on a broker running 250 plus crypto markets.

ASIC caps retail CFD leverage at 30:1 on major forex pairs, 20:1 on minor pairs, gold and major indices, 10:1 on commodities other than gold, 5:1 on share CFDs and 2:1 on crypto assets. The caps come from a product intervention order extended to 23 May 2027, so they apply at every ASIC broker rather than at Eightcap alone.

The crypto leverage cap is the one clients notice most here, because the deepest crypto range in this coverage is also the one most constrained by position limits. The wholesale tier reaches 500:1 on forex for clients passing the eligibility tests.

Retail margin close-out sits at 50%. ASIC requires every CFD issuer to close a retail client’s positions once account equity falls below half the total initial margin on all open positions, positions cannot be netted against each other to reduce that figure, and a gapping market can close a position below the 50% level. The leverage tier structure is set out in how margin and leverage interact.

Eightcap customer support

Eightcap customer support runs 24 hours a day, five days a week on live chat, phone and email, and closes across the weekend.

Live chat replied in under two minutes during Australian business hours in testing. Agent knowledge of the platforms was strong across MT4, MT5 and TradingView, and tax questions were correctly deferred to a registered tax agent.

The weekend support closure is the main negative, and it lands harder here than at most brokers. Crypto markets run 24/7 and this broker carries the deepest crypto range in the coverage, so a client holding BTC over a Sunday has no live agent until Monday morning.

Three support channels including a phone line is the full set, and the hours rather than the quality hold the service rating down.

The desk covers Australian business hours from Melbourne rather than routing every query offshore, which is worth something against the closed weekend.

Eightcap research, tools and education

Eightcap research, tools and education run to five components covering daily commentary, an economic calendar, TradingView-integrated charting, beginner guides and recorded webinars.

• Daily market commentary
• Economic calendar
• TradingView-integrated charting, the strongest item in the stack
• Beginner trading guides on the website
• Webinar recordings on YouTube

Five research components is a light stack against Pepperstone Insights or the CMC Markets integration of Morningstar and Reuters. No in-house analyst desk and no third-party research feed appear here.

The TradingView charting is the exception and it carries real weight, because a trader using that platform reaches an analysis environment better than anything a mid-tier broker builds in house. A trader who ranks research depth above TradingView access or crypto breadth is better served by the bigger names.

The education material is pitched at a first account rather than at an experienced trader, which fits the audience the A$100 minimum attracts more than it fits the crypto specialists the range attracts.

How Eightcap compares to Pepperstone and IC Markets

Eightcap measured 0.15 pips across the eight-pair basket, tying IC Markets and beating the 0.46 pips at Pepperstone, on A$7.00 round turn against A$9.00 and A$7.00. How Eightcap compares to Pepperstone and IC Markets is close on cost and decisive on crypto.

IC Markets matches the measured spread and charges A$2.00 more per lot. The Pepperstone stack carries five platforms against three here and publishes a measured execution figure Eightcap does not.

The crypto range is what neither rival approaches. Eightcap lists 250 plus crypto markets against 30 plus at Pepperstone and 18 plus at IC Markets, which is not a difference of degree.

Should you open an Eightcap account?

Eightcap suits crypto and TradingView-led traders who want 250 plus crypto markets and native chart execution on a A$100 minimum deposit. Traders who need share CFD breadth or a heavyweight research desk are served better elsewhere than by an Eightcap account.

Two groups of trader gain clear value from an Eightcap account. The crypto range reaches a depth no ASIC-regulated rival approaches. TradingView traders execute inside their own charting environment on raw pricing that tied the tightest in the capture.

Two groups should look past an Eightcap account. Share traders find around 600 names against 10,000 plus at CMC Markets. The support desk closes at the weekend on a broker whose flagship markets never do.

Eightcap ranks eleventh among the leading Australian forex brokers on the 2026 scoring. The free demo links a TradingView account, so the integration is testable before any deposit.

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