EightCap Review, Rating and Comparison

Overview

EightCap Trading Accounts

Rank
6.67/10
Based on 9 Reviews
Position in Rating
32
Since 21 October, 2015
Vote
Company Reviews
«I Trust» 0% (0) Standart 100% (9) «Scam Alert» 0% (0)
Official Name
EightCap
Headquarters
Level 19,180 Lonsdale Street, Melbourne, Australia
Offices in
Australia, China
Year founded
2009
Official Website
Official e-mail
Phone numbers
+61383734800

 

Eightcap is an Australian forex broker specializing in Foreign Exchange trading margins and contracts for the difference for traders and institutional clients through the MetaTrader 4 platform.
The company provides customers with access to a wide range of global financial markets, offers a choice of 40 products: 30 currency pairs, 6 CFD indexes and goods, a chart of exchange rates.
Trading takes place on the market and is carried out through Equinix data processing centers.
Ways of input / output: credit / debit cards, wire transfer and electronic wallets POLi, Skrill and China UnionPay.

Features:

  • ASIC-regulated
  • Competitive spreads & overall cost of trading
  • MT4 available, plus AutoTrade
  • Promotions available
 

 

 

Read more Read less

Rating chart

Detailed Information

Min. Position Size, lot:
0.01
Min. Account Size, $:
100
Max. Leverage
1:400
Spread:
0.2
Payment Options:
UnionPay, Skrill (Moneybookers), Bank Wire Transfer, Credit cards
Regulation:
ASIC
US Traders:
Demo Platforms:
MetaTrader 4
Account Currency:

USD, EUR, GBP, AUD

Website Languages:
English, Chinese, Korean
Support Languages:
English, Chinese, Korean
Support Methods:
Phone, Email, Live chat
Trading Server Timezone:
GMT +3
Standard
Raw
Min. Position Size, lot:
0.01
Min. Account Size, $:
100
Maximum leverage, 1:
400
Spread Type:
Variable
Typical spread on EUR/USD, pips:
0.4
Min. spread on EUR/USD, pips:
0.2
Trading Platforms:
MetaTrader 4
Digits after the decimal point in quotes:
5
Margin Call Level, %:
80
Stop-out Level, %:
50
Additional Features:
  • VIP
  • Telephone dealing
  • Scalping
  • Expert advisors
Min. Position Size, lot:
0.01
Min. Account Size, $:
100
Maximum leverage, 1:
400
Spread Type:
Variable
Typical spread on EUR/USD, pips:
0.4
Min. spread on EUR/USD, pips:
0.2
Trading Platforms:
MetaTrader 4
Digits after the decimal point in quotes:
5
Margin Call Level, %:
80
Stop-out Level, %:
50
Additional Features:
  • VIP
  • Telephone dealing
  • Scalping
  • Expert advisors

EightCap Reviews

avatar
20 June, 2018

Alexander Iliev from Bulgaria

8

Good broker with good conditions. I liked the customer support. Their raw accounts have good spreads. I’ve made some withdrawals and ended happily with the execution. They are ok for me.

avatar
15 June, 2018

Mathias Schmitz from Germany

9

im for experiments and innovation, but as for money, stability and reliability are needed here. actually, that's why i work here, they have a huge work experience, a lot of clients. i trust them and do not risk money.

avatar
30 April, 2018

Richard Farley from United Kingdom

8

Been trading with these guys for the last 5 months. Customer service has been quite good and the conditions are as expected. Allowing me scalp which has been great. Had some trouble resetting my password but was resolved in 24hours.

avatar
20 March, 2018

Jean Hartley from Argentina

4

Bad Broker, and i cannt give recommendation cuz even connection had problems witch i don`t have with my other brokers. When you want to close or open a position "can not connect to server" while price is moving so there must be a connection. When i close a long order witch is going up it close imminently when price moves down it takes a long time .

avatar
20 March, 2018

Tomas from Ireland

5

Hey! If you trade during the news time at first you get a couple of decent fills then they delay execution 2-3 seconds and give you a bad fill end of spike. When you talk to them they deny there is a delay but they very well know as the delay is of their own making. It isnt difficult to notice they consider their customers for fools

avatar
22 January, 2018

Joseph from Australia

9

Willems has obviously just started trading based on his knowledge of how markets actually work. Gaps do happen, spreads do widen. Life changes when u leave market makers. Take some time to understand liquidity and how it effects spreads Willems. I’ve traded with them live since 2015 to present never had issues while trading off daily timeframe. Deposits are quick and portal is user friendly. Their feed and quotes are stable and I’ve never been stuck in a trade or requoted. Which was the reason I left ic markets.

avatar
07 October, 2016

Willems from Netherlands

3

I would like to warn everyone not to trust this kind of scam. Any deposit of around $500 and more is a subject to spread increases, constnt market gaps and slips. I blew 4k before i got the idea of how they operate. Wont ever come back to these scumbags.

avatar
28 February, 2016

Patrik from Sweden

6

Demo and Live accounts execution is the same. for a period of less than 2 months my profitability on a real account went higher, than it was on a demo test. Spreads are always within specifications list. Love this broker.

avatar
22 January, 2016

Mher Sarkisyan from Armenia

8

Trading costs are indeed a bit lower than with other brokers, although I'm not a scalper but it is starting to feel a substantial savings (approximately traded 6-5 lots). Nice execution and firm trading conditions. Very comfortable profile.

Write a Review
 

Your rank

Prove you’re not a bot + 14 = 28