Eightcap Review
CFD traders who use MT5 or TradingView
Founded 2015 · Eightcap EU Ltd
Why investors choose this broker
- Raw account spreads start from 0.0 pips
- Standard and TradingView accounts show no commission
- No internal fees for deposits or withdrawals
- TradingView account includes Pine Script automation
Review summary
Eightcap is a CFD broker offering forex, shares, indices, commodities and crypto on MT5 and TradingView, with a €100 minimum deposit.
Pros
- Raw account spreads start from 0.0 pips
- Standard and TradingView accounts show no commission
- No internal fees for deposits or withdrawals
- TradingView account includes Pine Script automation
- Demo accounts allow up to 35 days or 5000 orders
- EUR, GBP and USD account base currencies are available
Cons
- Raw account commission is 2.75 EUR, 3.5 USD or 2.25 GBP
- All listed account types require a €100 minimum deposit
- Bank withdrawals can take 3-7 working days
- Wire withdrawals may cost $/£ 8 or €4 - €10 EUR
- Demo accounts expire after 35 days or 5000 orders
- No interest is paid on account funds
- Professional clients may not get negative balance protection
Company background
Eightcap is a CFD broker brand of Eightcap EU Ltd. The company is incorporated in Cyprus and is part of the Eightcap group, which was launched in 2015 and founded in Melbourne, Australia. The broker focuses on trading rather than long-term portfolio building, with products covering forex, commodities, indices, shares and crypto CFDs. The website also lists ETF instruments in its trading instrument directory.
Fees and pricing
Eightcap lists three live account types: Raw Account, Standard Account and TradingView Account. Each account has a minimum deposit of €100 and supports EUR, GBP and USD as account base currencies. The Raw Account table shows spreads from 0.0 pips and a commission of 2.75 EUR, 3.5 USD or 2.25 GBP. Standard and TradingView accounts show spreads from 1.0 pips and no commission, with a note that additional charges may apply.
Funding details show that Eightcap does not charge internal fees for deposits or withdrawals. Some banking and payment routes still show external or method-specific charges, including $/£ 8 for one listed wire withdrawal route and €4 - €10 EUR for another. Bank withdrawals can take 3-7 working days, while card withdrawals can take up to 3 working days.
Regulation and safety
Eightcap EU Ltd is regulated by the Cyprus Securities and Exchange Commission under license number 246/14. The Investor Compensation Fund covers Retail Clients for qualifying claims arising from covered services when the company fails to meet its obligations. Professional Clients and Eligible Counterparties are not covered by that fund.
Platform experience
Eightcap offers MetaTrader 5 and TradingView. The broker describes MT5 as providing advanced charting, expert advisors and custom signals, along with a mobile platform counterpart. TradingView gives access to charting, automated trading through Pine Script, trading strategy insights, webinars and custom indicators. Eightcap also lists an MT5 Demo WebTrader and a FlashTrader tool for calculating position size and placing stops and limits from a trade ticket.
Pros and cons
The main strengths are the choice between MT5 and TradingView, the €100 minimum deposit across listed live accounts, no internal deposit or withdrawal fees, and a free demo account. The main limitations are method-specific bank fees, demo expiry after 35 days or 5000 orders, no interest paid on funds, and reduced protections for Professional Clients compared with Retail Clients.
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Trading fees & commissions
The listed account types have a minimum deposit of €100. Raw Account pricing shows spreads from 0.0 pips and commission of 2.75 EUR, 3.5 USD or 2.25 GBP, while Standard and TradingView accounts show no commission. Eightcap does not charge internal deposit or withdrawal fees, though payment providers and banks may charge fees.
Fees
| Item | Fee |
|---|---|
| Deposit | We do not charge any internal fees for deposits |
| Withdrawal | We do not charge any internal fees for withdrawals |
| Min Deposit | €100 |
| Paypal Deposit | €0 |
| Skrill Withdrawal | 0 EUR/USD |
| Eurobank Wire Deposit | €0 - €30 EUR |
| Raw Account Commission | 2.75 EUR, 3.5 USD, 2.25 GBP |
| Eurobank Wire Withdrawal | €4 - €10 EUR |
| Raw Account Spreads From | 0.0 pips |
| Alpha Bank Wire Withdrawal | $/£ 8 |
| Standard Account Commission | No Commission* |
| Standard Account Spreads From | 1.0 pips |
| Tradingview Account Commission | No Commission* |
| Tradingview Account Spreads From | 1.0 pips |
Trading platform & features
Platforms
- MT5
- TradingView
- MT5 Demo WebTrader
Regulation and investor protection
Eightcap is a brand of Eightcap EU Ltd, a company incorporated in Cyprus and regulated by the Cyprus Securities and Exchange Commission under license number 246/14. The Investor Compensation Fund covers Retail Clients for qualifying claims, but it does not cover Professional Clients or Eligible Counterparties.
Broker FAQs
Is Eightcap regulated and by whom?
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What investor compensation does Eightcap provide?
What products does Eightcap offer?
Does Eightcap offer crypto?
Does Eightcap offer ETFs?
What is the minimum deposit at Eightcap?
What account types does Eightcap offer?
What spreads and commissions does Eightcap list?
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Does Eightcap have a demo account?
What platforms does Eightcap provide?
Does Eightcap pay interest on funds?
Can I deposit using a virtual card at Eightcap?
Does Eightcap allow scalping and hedging?
Bottom line
Eightcap suits CFD traders who want MT5 or TradingView access, clear account choices and a €100 minimum deposit. It is less suited to users who want interest on cash balances, long demo access, or protection terms reserved for retail clients.
Eightcap
CFD traders who use MT5 or TradingView
Open AccountYour capital is at risk. Other fees apply.
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