Eightcap Review 2020

Eightcap Rated 4/5
Eightcap Review Screenshot

Eightcap Guide - Read our In Depth Eightcap Review

This Eightcap review was written by industry experts with over 20 years of financial experience in Forex, CFDs.
The content in this Eightcap review does not apply to US users.

Eightcap are an online broker founded in 2015 offering Forex trading, and CFDs trading.

Eightcap are a global broker and have a head office in Australia.

When trading in the financial markets it can be very time consuming to find a broker that meets your needs.

Often you have to visit and read many broker websites all of which have different uses of language. The wording can be very confusing. In our review of Eightcap we breakdown the pros and cons. What Eightcap are able to offer, what countries Eightcap are available in. Who Eightcap are regulated by and more.

Having a reliable and capable broker is crucial to your success in online trading. Make sure that your broker is not fake or unreliable to avoid losing your investment. Ensure that your needs fit the profile of your broker as well, in order for you to have a good working profitable relationship.

Benefits of trading with Eightcap

Open Eightcap's Website

Losses can exceed deposits

At the bottom of this review you can also learn about some pretty good alternatives to Eightcap

With this Eightcap review we hope to help you see if Eightcap is a good fit for you.

It is a common myth that online trading is confusing. It is only difficult for people who have not done the research. In this article, you will learn important information regarding Eightcap that will help you get off to a good start in the world of online trading.

Eightcap Review Table of Contents

Eightcap review
What you should know

Eightcap offer two ways to trade: Forex, CFDs.

With Eightcap you will need a minimum deposit of $100. You can sign up for a demo account to acquaint yourself with Eightcap platform.

Eightcap are able to accommodate various levels of traders whether you are experienced or a beginner.


Eightcap review
Are Eightcap safe?

When choosing a broker like Eightcap the administrative body and regulatory status of the broker is very important. Brokers who conduct trades without supervision of a regulatory body do so at their own discretion. Any capital you invest is at risk.

Established in 2015, and in operation for 5 years Eightcap have a head office in Australia.

Eightcap is regulated. This means Eightcap are supervised by and is checked for conduct by the Australian Securities and Investment Commission (ASIC) regulatory bodies.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Eightcap, this will be honored. If Eightcap violate any regulatory rules their regulated status could be stripped.

Any payments funded to Eightcap accounts by traders are held in a segregated bank account.

For added security Eightcap use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Try creating two accounts when you are working with Eightcap. One is the real account, with your real money and the other is your demo account. The demo account is your experimental account.

Open a demo account Visit Eightcap

Losses can exceed deposits

Full disclosure: We may receive a commission if you sign up with a broker using one of our links.

How Eightcap as a Company Compare Against Other Brokers

Broker Eightcap eToro IC Markets XTB
Year Established 2015 2006 2007 2002
Head Office Australia Cyprus, UK Australia Poland
Regulation Australian Securities and Investment Commission (ASIC) Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC) Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC) Financial Conduct Authority (FCA), FCA number FRN 522157, Cyprus Securities and Exchange Commission (CySEC), CySEC Licence Number: 169/12, Comisión Nacional del Mercado de Valores, Komisja Nadzoru Finansowego
Used By 10,000+ 12,000,000+ 60,000+ 200,000+
Negative balance protection No Yes Yes Yes
Guaranteed Stop Loss No No No No
Learn More Visit Eightcap Visit eToro Visit IC Markets Visit XTB
Risk Warning Losses can exceed deposits 75% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Eightcap review
Eightcap Pros and Cons

What we like about Eightcap

  • Used by over 10,000 traders
  • Established in 2015
  • Regulated by Australian Securities and Investment Commission (ASIC)
  • Min. deposit from $100

What we don't like about Eightcap

Eightcap review
Eightcap Regulation and Licensing in more detail

We have checked and Eightcap is regulated and supervised by reputable organisations. You are able to check every Eightcap supervisory and regulatory body given below. Regulation gives you some recourse for those who have issues with Eightcap. Regulatory authorities protect the traders with things like reimbursement schemes that regain the client's investment in the event the broker becomes insolvent.

The brokerage firms have to comply with a variety of rules and criteria determined by the recognized international authority with the intention to provide secure trading and stay licensed. The whole notion of regulation is to protect Eightcap traders and provide a safe trading environment.

Eightcap is governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the behavior of the brokers and if things go wrong they will take necessary action. Before trading online with a broker such as Eightcap you should be sure they're legitimate online agent.

Eightcap review
Eightcap Awards

Eightcap have won numerious industry awards over the 5 years they have been operating as a financial broker. We list the most notible awards and mentions for Eightcap below.

  • Award winning trading platform and mobile apps

Eightcap review
Eightcap Fees Explained

  • Eightcap withdrawal fees varies on payment method
  • Eightcap does not charge a fee for inactive accounts.
  • Eightcap does charge deposit fees.

Brokers offer state of the art online trading platforms, mobile trading apps, financial research tools and educational resources. For a brokerage to maintain these services and earn revenue as a company, brokers may charge clients various fees.

How Eightcap Fees Compare Against Other Brokers

Broker Eightcap eToro IC Markets XTB
Min Deposit 100 200 200 0
Withdrawal Fees Yes Yes No varies
Inactivity Fees No Yes No No
Deposit Fees Yes No Varies No
CFD Commission Fees Yes No Yes Yes

Eightcap review
Eightcap Minimum Deposit

Eightcap require a minimum desposit of 100 GBP/USD when opening an Eightcap trading account.

A minimum deposit is the minimum amount of money required by Eightcap to open a new online brokerage account with them.

Dont be scared off by brokers like Eightcap charging a minimum deposit to open a trading account. Brokers that charge higher minimum deposits often offer additional premium services on there platforms that are not available for free on other platforms.

Brokers that offer lower minimum deposits are generally geared towards a more mainstream audience that do not require some of the more advanced features and research tools.

Brokers that do not charge minimum deposits do so usually to attract new customers. They have to make some way, so transaction commissions and other fees may be higher with a low minimum deposit account.

Brokers that require a larger minimum deposit amount usually offer a greater range of trading features on their platforms. These brokers often have more in depth technical analysis and research tools and better risk management features.

As more and more online trading platforms have entered the market, minimum deposit requirements to open a live trading account have gone down as an increasing number of brokers compete for new clients.

Depending on the type of trading account you opt for some brokers require a minimum deposit as high as 6500 GBP/USD. Some brokers can go as high as 10,000 GBP/USD.

Eightcap review
Eightcap Withdrawal Fees

Eightcap withdrawal fees vary depending on your selected withdrawal payment method.

Each broker has their own specific withdrawal rules on how your funds can be withdrawn from your trading accounts.

This is because each brokerage firm will have different withdrawal methods and each payment provider may have differing transfer processing fees and processing times.

Eightcap for example allow you to withdraw your funds to a Payoneer account, a UnionPay account, and a bank account via a wire transfer.

Eightcap review
Eightcap Inactivity Fees

Eightcap does not charge a fee for inactive accounts.

An account inactivity fee is a fee charged to the registered brokerage client.

Brokers may have certain trading activity requirements that under the terms and conditions of the accounts, clients may have to fulfill.

If a clients trading account dues not have any buying and selling over a period of time as dictated by the broker an inactivity fee may be due.

Inactivity fees are not specific to online trading accounts. Many financial service companies may charge inactivity fees. Please check on the brokers website and make sure you are aware of and are happy with all the services and fees you may be charged.

If you are no longer using your trading account close it with the brokers customer support. And make sure you have a confirmation that any remaining fees are not due.

Depending on the type of account you have signed up for you can only be charged an inactivity fee under certain circumstances. As part of a brokers regulation they are required to clearly disclose any inactivity fees.

Some brokerage firms may charge inactivity fees as compensation for maintaining your account on their expensive trading platforms, in an attempt to claw back revenue for the lack of commission fees from your trading.

Eightcap review
Eightcap Desposit Fees

Eightcap does charge deposit fees.

Some brokers may charge a fee when you deposit funds from your payment method to your trading account. This is because the payment method which you use to fund your account may accrue a fee. The fee may be a fixed fee when you deposit a specific fiat currency to your account. For example fees are known to be high when depositing funds from a credit card. This is if your broker accepts funding your account via a credit card.

Eightcap review
Eightcap Commission Fees

Eightcap does charge commission on CFD instruments.

A broker may charge a commission fee as a service charge for facilitating the buying and selling of financial assets through your trading account.

A brokerage may make most of their revenue from charging registered traders a commission fee on client transactions.

Commission fees can differ depending on the trading type, financial asset type and what level of trading account you have.

Broker commissions are charged if the brokerage fulfills an order, cancels an order or modifies and order on your behalf.

If a market order is not fulfilled by your brokerage usually no commission is charged.

Be aware that if your order is modified or canceled, your brokerage may charge a commission fee.

Eightcap review
What can you trade with Eightcap?

Be aware that Different entities under Eightcap Brand offer different trading instruments due to regulatory restrictions. Trading instruments offered may differ based on the country of residence of the Client.

You can trade a wide variety of instruments with Eightcap over 100 instruments infact.

If you are looking at trading currency pairs Eightcap offer over 45 currency pairs.

Compare Eightcap with eToro and IC Markets below.

Losses can exceed deposits

How Eightcap Trading Options Compare Against Other Brokers

Broker Eightcap eToro IC Markets XTB
Instruments Available 100 100 232 1,500
Platforms MT4, Tablet & Mobile apps Web Trader, Tablet & Mobile apps MT4, MT5, Mirror Trader, ZuluTrade, Web Trader, cTrader, Mac MT4, Mirror Trader, Web Trader, Tablet & Mobile apps
FX / Currencies        
Forex pairs offered 45 50 65 50
Major Forex pairs Yes Yes Yes Yes
Minor Forex pairs Yes Yes Yes Yes
Exotic Forex pairs Yes Yes Yes Yes
Cryptocurrencies No Yes Yes Yes
Commodity CFDs        
Commodities Offered 0 0 19 21
Metals Yes Yes Yes Yes
Energies Yes Yes Yes Yes
Agricultural No Yes Yes Yes
Indiced & Stock CFDs        
Stocks Offered 0 957 100 1696
UK Shares No Yes No Yes
US Shares No Yes Yes Yes
German Shares Yes Yes Yes Yes
Japanese Shares Yes Yes Yes Yes
Risk Warning Visit Eightcap
Losses can exceed deposits
Visit eToro
75% of retail investor accounts lose money when trading CFDs with this provider.
Visit IC Markets
Losses can exceed deposits
Visit XTB
79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Eightcap review
Trading on Eightcap web platforms and other applications

Eightcap offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.

Eightcap also offer mobile apps, for Android and iOS making it easier to keep an eye on and execute your trades while you’re on the move.

See Eightcap's platforms

Eightcap Trading benefits :

  • Allows scalping
  • Allows hedging
  • Offers STP
  • Low min deposit

Eightcap Trading Accounts Offered :

  • Demo account
  • Mini account
  • Standard account
  • Zero spread account
  • ECN account
  • STP account

Can I try Eightcap before I buy?

Eightcap offer a demo account so you can try before putting down funding payments. Open a practice account & learn to trade

Losses can exceed deposits

Eightcap withdrawal and funding methods.

Please note that the list of payment methods below depend on the Eightcap Entity and the Clients Country of Residence.

Eightcap offer the below funding payment methods. learn more about Eightcap

  • Credit cards
  • Bank Transfer
  • Payoneer
  • UnionPay
Broker Eightcap eToro IC Markets XTB
Bank transfer Yes Yes Yes Yes
Credit Cards Yes Yes Yes Yes
Paypal No Yes Yes Yes
Skrill No Yes Yes Yes
Payoneer Yes No No Yes
Neteller No Yes Yes Yes

How can I start trading with Eightcap?

When opening a trading account with Eightcap, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Eightcap trading platforms here.

Losses can exceed deposits

Performing trades with Eightcap

Eightcap allow you to execute a minimum of trade of 0.01 Lot. This may vary depending on the account you open. The maximum trade requirements vary depending on the trader and the instrument. As Eightcap offer ECN and STP execution, you can expect very tight spreads with more transparency over the price you‘re paying to execute your trades.

As with most brokers, margin requirements do vary depending on the instruments.

Eightcap Leverage and Eightcap CFDs Explained

let's take a look at some of the basics of using Eightcap leverage.

Eightcap offer CFD are a leveraged product for this example we describe ten times leverage.

So you have a ten thousand dollar position but you only tie up a thousand dollars a tenth of the value on your account. You have a situation where a small sum of money is controlling a much bigger financial position. This is your leverage.

So what effect does leverage have on your profits and losses well put simply it magnifies them in both directions.

Eightcap leverage magnifies both profits and losses when trading.

Let's say for example you buy ten thousand dollars worth of General Electric (GE) using contracts for difference ( CFDs ) using the Eightcap trading platform.

let's say General Electric (GE) rises 10% because its results are positive your position which was worth ten thousand dollars is now worth $11,000.

It's grown by $1000 10% in value this represents a hundred percent increase on the funds initially committed on your leverage CFD trade.

Our initital investment of ten thousand dollars for the trade and has made a thousand dollars in profit because the price is up ten percent.

The Eightcap leverage goes both ways. If General Electric (GE) Falls 10% on week results your position which was worth ten thousand dollars is now worth only nine thousand dollars. It has fallen by a thousand dollars.

Eightcap CFDs are typically used for short to medium term trades. For example Eightcap intraday trading.

Limit Risk When Trading with Eightcap Stop Loss, Eightcap Stop Limit Orders

A stop-loss order is an order placed with a broker like Eightcap to buy or sell once the stock reaches a certain price. A stop-loss is designed to limit a traders loss on a security position.

Most traders need to use stop losses to protect themselves from huge risk unless the trade is hedged against another trade or the trader is not using leverage. Circumstances differ depending on the trade and the markets.

Education resources at Eightcap

To trade effectively with Eightcap, it's important to get a have a good understanding of the Eightcap trading tools and the markets.

Eightcap offer a good selection of educational resources. Spend some time reading up on how the markets and trading works, making active trades, active trading times, and managing risk.

Having an analytical approach may be a good way to approach trading with Eightcap.

Take time to look around the Eightcap platforms and train yourself to think more systematically and logically about the markets. It's a new skill-set for many, but it is what the market requires of you.

Customer Support at Eightcap

Eightcap support a limited number including English, and Chinese

Eightcap have a A grade support rating because Eightcap offer over three languages.

Livechat Support at Eightcap

We tested the Eightcap live chat and it works well. We sent messages to Eightcap livechat through their app and website and recieved a response within 8 minutes.

We tested communicating with Eightcap support in multiple languages in multiple countries. Eightcap where able to resolve our customer issues.

Email Support at Eightcap

We sent several emails to Eightcap and answer times overall were excellent. The fastest response from Eightcap was less than 40 minutes and the slowest response was 9 hours. Support response times may vary for you with Eightcap, but this was our experience sending 10 emails at varying times.

The team resolved and answered our queries. Overall good email support from Eightcap.

Phone Support at Eightcap

We called Eightcap and the call was answered very quickly. The call was answered in less than 5 minutes.

The Eightcap phone support team were able to successfuly answer our questions and issues over the phone. We tested the multilingual Eightcap team by calling in varying languages. Eightcap made an effort to make sure our queries were answered.

Overall the phone support from Eightcap was okay.

See how Eightcap Support Compares Against Other Brokers

Broker Eightcap eToro IC Markets XTB
Support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
  • Live chat
  • Phone support
  • Email support
Languages English, and Chinese English, German, Spanish, French, and Italian English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian, and Turkish
Learn More Visit Eightcap Visit eToro Visit IC Markets Visit XTB
Risk Warning Losses can exceed deposits 75% of retail investor accounts lose money when trading CFDs with this provider. Losses can exceed deposits 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

What you will need to open an account with Eightcap

As Eightcap is regulated by Australian Securities and Investment Commission (ASIC), every new client must pass a few basic compliance checks to ensure that you understand the risks of trading and are allowed to trade. When you open an account, you'll likely be asked for the following, so it's good to have these handy:

Be aware Please kindly note that the expiration date of Proof of address document for different entities under Eightcap Brand may be different.

  • A scanned colour copy of your passport, driving license or national ID
  • A utility bill or bank statement from the past three months showing your address

You'll also need to answer a few basic compliance questions to confirm how much trading experience you have, so it's best to put aside at least 3 minutes or so to complete the account opening process.

While you might be able to explore Eightcap's platform straight away, it's important to note that you won't be able to make any trades until you pass compliance, which can take up to several days, depending on your situation.

To start the process of opening an account with Eightcap you can visit the Eightcap trading platform here.

CFDs are leveraged products and can result in the loss of your capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered as investment advice. All information collected from http://www.eightcap.com/ on 12th August 2018.

Eightcap review
Watch this Eightcap Explainer Video

Eightcap review
Is Eightcap A Good Broker?

We spent over 3 months examining Eightcap in depth. Although Eightcap are not perfect we found many really useful aspects with the overall offering from Eightcap. Our personal experience of trading with Eightcap was very good. Weighing up many points Eightcap is a good broker.

  • Eightcap have a good track record of offering Forex, CFDs.
  • Eightcap has a history of over 5 years.
  • Eightcap has a reasonable sized customer support of at least 10.
  • Eightcap are regulated by Australian Securities and Investment Commission (ASIC). This means Eightcap fall under regulation from a jurisdiction that can hold a broker responsible for its misgivings; or at best play an arbitration role in case of bigger disputes.
  • Eightcap have regulation from a Tier 1 reputable country.
  • Eightcap has the ability to get deposits and withdrawals processed within 2 to 3 days. This is important when withdrawing funds.
  • Eightcap have an international presence in multiple countries. This includes local Eightcap seminars and training.
  • Eightcap are able to hire people from various locations in the world who can better communicate in your local language.

Eightcap Risk Disclaimer

Losses can exceed deposits

Eightcap review
Eightcap not quite right?

If after reading this Eightcap review, Eightcap does not fulfill your needs check out these Eightcap Alternatives.

Click here to view the best Eightcap Alternatives

We have spent years researching the best alternatives to Eightcap. Click the links below to learn more.

If you feel some of the above Eightcap are not quiet what you are looking for or perhaps you would just like to see some alternatives. See our highly rated list of Eightcap alternatives below.

Eightcap review
Related Eightcap Vs Comparisons

We have covered allot in this Eightcap review, If you want to see how Eightcap compares side by side with other brokers check out our Eightcap Vs pages.

If you would like to see how Eightcap stands up against other brokers you can read some of our Eightcap comparisons below. We compare side by side some of our top rated Eightcap versus comparisons. Read our indepth Eightcap VS pages below.

Eightcap review
EIGHTCAP Frequently Asked Questions

Can I try Eightcap before I buy?

Eightcap offer a demo account so you can try the Eightcap platform before you put down a payment. Learn more here

What funding methods do Eightcap accept?

Please note that the list of payment methods below depend on the Eightcap Entity and the Clients Country of Residence.

Eightcap offer the following funding payment methods accept Credit cards, Bank Transfers, Payoneer, Wire Transfer, among other payment methods.
Learn more here

Losses can exceed deposits

Is Eightcap safe?

Eightcap are considered safe as they are regulated by and checked for conduct by the Australian Securities and Investment Commission (ASIC). Any payments funded to Eightcap accounts by traders are held in a segregated bank account. For added security Eightcap use tier-1 banks for this. Tier 1 is the official measure of a banks financial health and strength.

Is Eightcap trading good?

Eightcap is considered good and reputable to trade with. EightcapEightcap is used by over Eightcap active traders. Eightcap offers Forex trading, and CFDs trading. Minimum deposit with Eightcap is 100.

Is Eightcap trading Legit?

Eightcap was founded in Australia in 2015. Eightcap has been facilitating trade on the financial markets for over 5 years. Eightcap offers clients Forex trading, and CFDs trading. All funds deposited to Eightcap are held in segregated tier 1 bank accounts for security. Eightcap is regulated by Australian Securities and Investment Commission (ASIC) so can be considered legit.

Is Eightcap a good broker?

Eightcap is overseen by the top tier financial regulators Australian Securities and Investment Commission (ASIC) so can be considered a good broker. Eightcap allows Forex trading, and CFDs trading.

Is Eightcap trustworthy broker?

Eightcap can be considered trustworthy. All money funded to Eightcap is placed into a segregated tier 1 bank account. this means your money in not held by Eightcap directly but a tier 1 bank. The broker has no direct access to your funds so cannot misappropriate your money. Also Eightcap is regulated by Australian Securities and Investment Commission (ASIC).

What is the minimum deposit for Eightcap?

The minimum deposit to trade with Eightcap is 100.

How long do Eightcap withdrawals take?

Withdrawing money from Eightcap processing time varies but averages 2-5 days.

Is Eightcap regulated?

Eightcap is regulated by Australian Securities and Investment Commission (ASIC).

Is Eightcap a market maker?

Eightcap is a market maker. Stocks, currency and other commodities and instruments will be purchased by Eightcap even if no buyer is lined up.

How can I start trading with Eightcap?

When opening a trading account with Eightcap, you will need to sign up here. Once you have received your login details by email, submitted your identification documents for account validation, and made a deposit; the next step is to download the trading platform of your choice. You can find detailed guidance on Eightcap trading platforms here.

Is my money safe with Eightcap?

Eightcap is regulated by Australian Securities and Investment Commission (ASIC). One of the most important criteria for traders when choosing a broker like Eightcap is the regulatory body and regulatory status of the broker. Brokers who conduct business without regulation do so at their own discretion and pose a direct risk to the security of their clients money.

Regulated brokers will not manipulate market prices. When you send in a withdrawal request to Eightcap, this will be honored. If they violate any regulatory rules their regulated status can be stripped.

Is Eightcap a con?

Eightcap is regulated and well established having been in business for over 5 years. Eightcap is definitely not a con.

Can you make money with Eightcap?

Although traders have had great success with Eightcap. Trading on the financial markets with Eightcap is not a get rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading your chance of success will greatly increase. Never trade with money you cannot afford to lose. Losses can exceed deposits.

Does Eightcap have fees?

Eightcap withdrawal fees varies on payment method. Eightcap doesn't charge inactivity fees. Eightcap does charge deposit fees.

When was Eightcap founded?

Eightcap was founded in 2015.

How many people use Eightcap?

Eightcap is used by over 10000 registered traders.

What is Eightcap Headquarters country?

Eightcap has its head quarters office in Australia.

Does Eightcap offer negative balance protection?

Eightcap does not offer negative balance protection. With Negative balance protection means traders cannot lose more money than they have deposited.

Does Eightcap offer guaranteed stop loss?

Eightcap does not offer guaranteed stop loss. With guaranteed stop loss protection risk is managed. Traders are guarenteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.

Does Eightcap allow scalping?

Eightcap offers scalping.

Does Eightcap allow hedging?

Eightcap offers hedging.

Does Eightcap offer CFD trading?

Eightcap offers CFD trading.

Does Eightcap offer STP?

Eightcap offers STP trading.

How many people use Eightcap?

Eightcap is used by over 10000 traders.

Is Eightcap an ECN broker?

Eightcap offers ECN trading.

Does Eightcap offer a demo account?

Eightcap offers a demo account.

Does Eightcap offer an Islamic account?

Eightcap does not offer Islamic accounts.

What are the funding methods for Eightcap?

Eightcap accept the following funding methods : Credit cards, Payoneer, UnionPay, Bank Transfer.

Eightcap review written by Andrew Blumer and Mark Hansen

We hope you found our review of the Eightcap brokerage firm useful.

This article was written by our financial editor Mark Hansen and Andrew Blumer.

Mark was previously of the Kiel Insitute and has worked with financial organisations across Europe, Australia, South East Asia, South Africa and the Middle East. Mark has over 15 years experience in financial analysis, forecasting, financial modeling idenifying new market opportunities in Stocks, CFD's, Forex and Commodities.

Andrew has a well-established career in fintech and came up with comparebrokers.co to make trading on financial markets more transparent and accessible.

Whether you want to trade Forex, Stocks, Commodities or Indices we will help you find the best online broker for you from 400+ brokers for clients based in the UK, Europe, Asia, South Africa and Australia.

Eightcap review written by Mark Hansen of Comparebrokers.co