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Eightcap Review (2026)
An Australian raw-spread broker with native TradingView execution, ASIC and FCA licensing, and the deepest crypto CFD range here — but also the highest published loss rate.
Regulatory risk warning — Eightcap
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 83.36% 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.
Source: Eightcap global entity, published at eightcap.com/legal-documents-disclosures. Verified 6 August 2026. Eightcap’s EU entity publishes a materially different figure of 65.18% (eightcap.eu). This is not a contradiction — the percentage is calculated separately per legal entity. Which one applies to you depends on which Eightcap entity holds your account.
This percentage is recalculated quarterly on the preceding 12 months and differs by legal entity. Leverage limits, negative balance protection and product availability also depend on the entity that onboards you and on your country of residence.
| Founded | 2009 (Melbourne, Australia) |
| Published loss rate | 83.36% global entity; 65.18% EU entity — see note below |
| Minimum deposit | $100 (or AUD/EUR/GBP equivalent) |
| EUR/USD spread | From 1.0 pip Standard; from 0.0 pips Raw |
| Commission | None on Standard; ~$3.50 per side per lot on Raw (~$7 round-trip) |
| Maximum leverage | 1:30 under ASIC/FCA/CySEC retail; up to 1:500 via offshore entity |
| Regulators | ASIC (AFSL 391441), FCA (921296), CySEC (246/14), SCB, FSA, FSC |
| Platforms | MetaTrader 4, MetaTrader 5, TradingView (native) |
| Instruments | 800+ across forex, indices, commodities, shares, crypto |
| Crypto CFDs | 250–500+ by entity — none on the UK FCA entity |
| Stock CFDs | ~600 on DMA pricing with commission |
| Withdrawal fee | None charged by Eightcap |
| UK client protection | FSCS up to £85,000 on the FCA entity |
| Automation | Capitalise AI — code-free strategy automation |
| US clients | Not accepted |
Compiled from the broker’s own published trading conditions and cross-checked against BrokerChooser, ForexBrokers.com, FXScouts, DailyForex and TradersUnion, August 2026. Spreads are typical averages under normal conditions, not guaranteed. Leverage caps depend on the entity that onboards you.
On this page
Quick verdict
Eightcap is the cost-focused choice here and the only one with genuine native TradingView execution rather than a bridge. Its Raw account at roughly $7 round-trip undercuts both alternatives for active traders, and its crypto CFD range is far deeper. It also publishes the highest loss rate of the three at 83.36% on its global entity — worth weighing honestly against the cost advantage.
- Consider it if
- You analyse in TradingView, trade enough volume for raw spreads plus commission to beat embedded pricing, or you want serious crypto CFD depth.
- Avoid it if
- You need broker-provided research and education, or you want bonds, ETFs or real share ownership.
Affiliate link. Capital at risk. See disclosure and risk disclosure.
Spreads, fees and leverage
Eightcap runs two retail accounts. Standard is commission-free with EUR/USD from around 1.0 pip, costs embedded in the spread. Raw quotes near-interbank spreads from 0.0 pips and charges roughly $3.50 per side per standard lot — about $7 round-trip.
The arithmetic is decisive. At $7 all-in, Raw beats a 1.0-pip Standard spread (roughly $10) on every standard-lot trade. Raw is cheaper for essentially any trader doing meaningful size; Standard mainly suits people who prefer not to track commission separately.
Crypto CFD pricing is where Eightcap separates itself: Bitcoin CFD spreads reported from around $10 against an industry average nearer $50. For active crypto CFD traders that compounds quickly. Note ASIC caps retail crypto CFD leverage at 2:1, and overnight financing on crypto is expensive for multi-day holds.
Eightcap charges no withdrawal fee, though your payment provider may. Overnight swaps apply past 5pm New York, and currency conversion is charged when trading instruments denominated outside your base currency.
| Standard account | Raw account | |
|---|---|---|
| EUR/USD spread | From ~1.0 pip | From 0.0 pips |
| Commission | None | ~$3.50 per side per lot |
| Round-trip cost, 1 standard lot | ~$10 | ~$7 |
| Minimum deposit | $100 | $100 |
| Platforms | MT4, MT5, TradingView | MT4, MT5, TradingView |
| Best suited to | Infrequent trading, simpler accounting | Active and higher-volume trading |
What this actually costs you
Switching from Standard to Raw saves roughly $3 per standard lot round-trip. At 10 lots a month that is about $360 a year; at 50 lots a month roughly $1,800. You can switch between account types in the client portal at any time, so there is little reason for an active trader to stay on Standard.
Platforms and instruments
Eightcap supports MetaTrader 4, MetaTrader 5 and TradingView. The TradingView integration is a genuine broker integration, not a connector: you link your account inside TradingView and place orders directly from charts, with one-click trading available.
It has no proprietary platform, which is a deliberate choice and a limitation if none of those three suit you.
Coverage runs to roughly 800 instruments, with about 600 stock CFDs on direct market access pricing with commission, and a crypto CFD range from 250 to over 500 depending on entity. The UK FCA entity offers no crypto CFDs at all, since the FCA bans retail crypto derivatives, and carries around 600 markets rather than the full range.
Capitalise AI allows strategy automation using plain-language rules rather than code — a meaningful alternative to writing Expert Advisors.
- Native TradingView execution, not a third-party bridge
- Raw spreads from 0.0 pips with transparent commission
- 250–500+ crypto CFDs depending on entity
- ~600 stock CFDs on DMA pricing
- Capitalise AI for code-free automation
- MT4 and MT5 with full Expert Advisor support
- No withdrawal fee
- Free demo, 30 days or unlimited with a funded account
Regulation and safety
Eightcap operates multiple entities: Eightcap Pty Ltd under ASIC (AFSL 391441), Eightcap Group Ltd under the FCA (reference 921296), Eightcap EU Ltd under CySEC (246/14), plus SCB Bahamas, Seychelles FSA and Mauritius FSC entities offshore.
The published loss rates differ sharply by entity, and this is the clearest illustration on the whole site of why entity matters. Eightcap’s global site publishes 83.36%; its EU site publishes 65.18%. Same brand, same platforms, an 18-point difference in the proportion of retail clients losing money. Neither figure is wrong — they are calculated separately per legal entity.
The FCA authorisation obtained in 2024 added a second top-tier regulator. UK clients on that entity have FSCS protection up to £85,000 — the strongest depositor protection across the three brokers here. Retail clients under ASIC, FCA or CySEC are capped at 1:30 with negative balance protection; the 1:500 headline applies only to offshore entities carrying none of those protections.
Who it suits
Eightcap suits chart-led traders already working in TradingView who want to remove the analysis-to-execution gap.
It suits cost-sensitive active traders, where the Raw account is the cheapest option in this comparison.
It suits crypto CFD traders wanting depth and pricing no other regulated broker here matches — though not via the UK entity.
It is a weaker fit for beginners needing structured education, and for anyone wanting bonds, ETFs or real share ownership.
How Eightcap compares
Eightcap against the two other brokers reviewed here. All three exclude US residents and cap retail leverage at 1:30 under tier-one regulation. Note how differently the three publish their loss rates.
| FBS | AvaTrade | Eightcap | |
|---|---|---|---|
| Published loss rate | 66.43% (CySEC entity) | 70.3% | 83.36% global / 65.18% EU |
| Minimum deposit | $5 | $100 | $100 |
| EUR/USD spread (typical) | From 0.7 pips | From 0.9 pips (fixed) | 1.0 pip Standard / 0.0 + commission Raw |
| Commission | None | None | ~$3.50 per side per lot (Raw) |
| Max leverage (offshore) | Up to 1:3000 | Up to 1:400 | Up to 1:500 |
| Max leverage (EU/UK/AU retail) | 1:30 | 1:30 | 1:30 |
| Top-tier regulators | CySEC | Central Bank of Ireland, ASIC, FSCA | ASIC, FCA, CySEC |
| Platforms | MT4, MT5, FBS app | MT4, MT5, AvaTradeGO, AvaOptions | MT4, MT5, TradingView |
| Instruments | 550+ | 1,250+ | 800+ |
| Inactivity fee | None | $50/quarter + $100/year | None |
| Accepts US clients | No | No | No |
Compiled from each provider’s published trading conditions and cross-checked against independent broker reviews, August 2026. Spreads are typical averages, not guaranteed.
Trade-offs
From provider documentation and recurring themes in public user feedback. Editorial observations, not our own trading results.
Strengths
- Cheapest active trading of the three — ~$7 round-trip on Raw
- Native TradingView execution, genuinely rare
- ASIC and FCA dual top-tier regulation
- FSCS protection up to £85,000 for UK clients
- Deepest crypto CFD range with notably tight Bitcoin spreads
- Capitalise AI enables automation without coding
- No withdrawal fees
Risks and limitations
- Highest published loss rate of the three at 83.36% on the global entity
- No proprietary platform — MT4, MT5 or TradingView only
- Education and in-house research thin versus AvaTrade
- UK FCA entity carries no crypto CFDs and a reduced market range
- No bonds, ETFs or real share ownership
- Crypto overnight financing expensive for multi-day holds
Alternatives
| Alternative | Consider it when |
|---|---|
| AvaTrade | You want broader instruments, options and stronger education |
| FBS | You want a minimal deposit and higher offshore leverage |
| SignalStack | You need to route alerts into a broker automatically |
Frequently asked questions
Why does Eightcap publish two different loss rates?
Because the figure is calculated per legal entity. Eightcap’s global site publishes 83.36% and its EU site publishes 65.18%. Both are accurate for their respective entities and client bases. Which applies to you depends on which entity holds your account — check the risk warning on the Eightcap site that serves your country.
Standard or Raw account?
Raw, for almost anyone trading meaningful size. Roughly $7 round-trip versus about $10 embedded in a 1.0-pip Standard spread. You can switch between them in the client portal at any time.
Is the TradingView integration real?
Yes, it is a broker integration rather than a third-party bridge. You link the account inside TradingView and trade directly from charts. Eightcap’s FCA entity is the only dedicated specialist TradingView broker in the UK.
How many crypto CFDs does Eightcap offer?
Between 250 and 500-plus depending on entity, the deepest regulated retail range in this comparison. Important exception: the UK FCA entity offers none, since the FCA bans retail crypto derivatives.
What leverage can I actually get?
1:30 as a retail client under ASIC, FCA or CySEC. The advertised 1:500 applies only to offshore entities without those protections. Australian clients wanting more go through ASIC Wholesale classification, which requires meeting asset or income tests.
How we researched this review
This is a research-based editorial review, compiled from Eightcap’s published trading conditions, public regulatory registers, and recurring themes in public user feedback. Figures were cross-checked against multiple independent broker review sources in August 2026.
We have not traded a live account with this provider and do not claim to. No testimonial here is presented as a real customer statement, and we publish no star ratings. Spreads, leverage and fees change frequently and vary by entity and account type — confirm current terms with the provider before depositing.
Compare Eightcap against the field
Every provider in Forex & CFD Brokers is assessed to the same structure with the same data points.