Eightcap Review 2022 (Expert Review)

Eightcap Review Summary

Eightcap is regulated by the Australian Securities and Investment Commission , ensuring the safety of its clients' funds. It also features a 24-hour customer support team, which is available to help you in any language. Eightcap has a long history of quality service and excellent support. It is available in several languages, and its website has a wide range of resources to assist its customers. You can trade in various markets, from commodities to cryptocurrencies. You can open and close positions anytime, and you can use the platform from your desktop or mobile device. Eightcap offers a reputable, low-risk trading platform. They also keep retail client funds separate from business funds, and maintain a professional indemnity insurance policy.

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Eightcap Platform Features

Eightcap main features and highlights
๐Ÿ—บ๏ธ Country of regulation Australian Securities and Investments Commission (ASIC), Vanuatu Financial Services Commission (VFSC)
๐Ÿ’ฐ Trading fees No
๐Ÿ’ฐ Inactivity fee No
๐Ÿ’ฐ Withdrawal fee Yes
๐Ÿ’ฐ Minimum deposit 100
๐Ÿ•– Time to open a Eightcap account 1. *A Eightcap demo account can be opened in a few minutes, but live Eightcap trading account creation times will vary depending on how long it takes to process your Eightcap KYC documents.
๐Ÿ’ณ Wire Transfer Yes
๐Ÿ‘› Depositing with electronic wallet Yes
๐Ÿ’ฑ Number of base currencies supported 7
๐ŸŽฎ Demo account provided Yes
๐Ÿ›๏ธ Financial Instruments offered Forex, Minors, Majors, Exotics, Indices, Energies, Metals,

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Eightcap Financial Regulation

Eightcap is regulated by Australian Securities and Investments Commission (ASIC), Vanuatu Financial Services Commission (VFSC).

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Eightcap Pros And Cons

Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using Eightcap include a large choice of assets that are available to be traded 24/7; and easy-to-use website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using Eightcap can be that the spreads offered on trading cryptocurrencies (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.

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Eightcap Advantages

One of the main advantages of using Eightcap is around the clock service and support as well as research offerings. Not only this, but Eightcap has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of Eightcap with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with Eightcap makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. Eightcap offers stock quotes and trade information, making it easy for users to view how their investments are doing.

  • Eightcap offers ECN trading
  • Eightcap offers Hedging
  • Eightcap offers Scalping
  • Eightcap does not have inactivity fees

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Eightcap Disadvantages

Although Eightcap has a lot of good points Eightcap does not offer the below.

Eightcap Review Risk Warning: Losses can exceed deposits.

Eightcap Review

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Things to understand when trading with Eightcap

Online trading on trading platforms like Eightcap have seen huge growth in the last 3 years. Trading with Eightcap requires that you take the time to learn how financial markets work and are able to trade with Eightcap using in depth technical analysis and Eightcap risk management trading tools. Trading with Eightcap involves risk. You should only risk capital with Eightcap that you can afford to lose. Understand your risk tolerance with Eightcap, and have a trading strategy that Eightcap is able to help you execute. Eightcap is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments Eightcap give you access too.

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Eightcap Trading Fees

Trading fees on Eightcap are taken in the form of the spreads Eightcap offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on Eightcap. Eightcap fees vary depending on the financial instruments traded and can include, Eightcap overnight funding fees, spreads, margins and Eightcap inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your Eightcap account charged by your 3rd party payment provider if your Eightcap base currency is different from your Eightcap withdrawal method.

NameEightcapIC MarketsRoboforex
Account FeesNoNoNo
Withdrawal FeesYesNoYes
Deposit FeesNoNo
Inactivity FeeNoNoNo
riskwarningTry Now

Losses can exceed deposits
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Losses can exceed deposits
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Losses can exceed deposits

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Eightcap Financial Instrument Fees

Eightcap fees for Forex, Minors, Majors, Exotics, Indices, Energies, Metals, are listed below.

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Eightcap Stock Trading Fees

The majority of Eightcap trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. Several brokers do also offer zero-commission trading for stocks, ETFs, and options. A Eightcap stock trading fee is a brokerage fee that is charged when you buy or sell stocks. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds.

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Eightcap Forex Fees

Commission on Eightcap Forex trading can either be a fixed fee (i.e., a fixed sum regardless of volume) or a relative fee: the higher the trading volume, the higher the commission. The amount of money that a trader is charged for Eightcap Forex fees is based on their trade size. To calculate Eightcap Forex fees, one would subtract the bid price from the ask price to find the spread. A Forex broker keeps this spread as their fee/commission.

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Eightcap Cryptocurrency Fees

Aside from the price of the cryptocurrency itself, each cryptocurrency exchange adds a fee for trading, when customers purchase and sell coins. Eightcap cryptocurrency fees can vary, but most exchanges charge between 0.1% to 1% or more per trade. That means that if you've used $1,000 to invest in a certain crypto, the fee you will eventually pay for that transaction could be anywhere between $100 and $1,000. Eightcap cryptocurrency fees include a fee for the Maker (which adds to the order book liquidity through limit orders) and Taker (which subtracts liquidity from an order book through market orders).

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Eightcap Non Trading Fees

Eightcap non-trading fees include a variety of Eightcap brokerage fees and charges that a trader will pay which are not related to buying and selling assets using the Eightcap trading platform. The most common non-trading fees include Eightcap withdrawal fees, Eightcap deposit fees and Eightcap inactivity fees.

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Eightcap Deposit Fees

Eightcap does charge deposit fees in some cases. When funding your Eightcap account there may be some Eightcap deposit fees which will vary depending on the payment method you use to deposit to your live Eightcap trading account.

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Eightcap Inactivity Fees

Eightcap does not charge traders inactivity fees. Eightcap does not charge for dormant inactive trading accounts. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.

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Eightcap Withdrawal Fees

Eightcap does charge Eightcap clients small withdrawal fees. Withdrawals fees vary between Eightcap and Eightcap alternatives depending on where you are located and how much money you are withdrawing.

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Eightcap Account Fees

Eightcap does not charge account fees. Account fees charged differ between Eightcap and other brokers. An account is a fee that Eightcap and other brokers assesses on all accounts for the ability to keep an account on their platform.

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Eightcap Account Opening

The Eightcap account registration process is simple, user-friendly, and quick. Within 1 most Eightcap trading accounts are ready for live trades. Our Eightcap account was validated in 1 day, but live Eightcap trading account verification times will vary depending on the time it takes to process your KYC documents and Eightcap trading account application. A Eightcap demo account can be opened in a few minutes.

Eightcap trading accounts are available in over 194 countries. Eightcap is restricted in the following countries.

Apart from the restricted countries a Eightcap trading account can be opened globally.

The Eightcap trading platform is available for residents in US. Some financial instruments Eightcap offer may be restricted in your country.

  • Fast Eightcap account opening.
  • Eightcap accounts can be opened and KYC can be verified digitally.
  • Eightcap minimum deposit is 100 USD / GBP / EURO.
  • Eightcap trading account verification may be held up for longer than a day if there is an issue with verifying your account.

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Eightcap Deposit And Withdrawal

Eightcap Account Base Currencies

A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.

USD, GBP, EUR, AUD are supported by Eightcap as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.

Eightcap offers the following account USD, GBP, EUR, AUD.

When trading make sure your Eightcap trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. Eightcap has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.

NameEightcapIC MarketsRoboforex
Number Of Currencies7104
Base CurrenciesUSD, GBP, EUR, AUDUSD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZDUSD, EUR, CNY, XAU
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Losses can exceed deposits
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Losses can exceed deposits

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Eightcap Deposit Fees and Deposit Methods

Investors can log in to their Eightcap trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their Eightcap trading accounts from an existing bank account or send the funds through a wire transfer or online check.

Eightcap Deposit Fees

Making a deposit on your Eightcap account is free.

Eightcap Deposit Methods

There are several methods through which you can deposit money into your Eightcap account. One can use a credit or debit card and Eightcap accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your Eightcap account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your Eightcap account.

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Eightcap Withdrawal Fees and Withdrawal Methods

You can withdraw cash from your Eightcap brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open Eightcap positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your Eightcap account.

Eightcap Fees When Withdrawing Your Account Balance

Eightcap may charge a withdrawal fee. Some withdrawal fees are out of the control of Eightcap and may be due to 3rd party payment providers and your account base currency.

Eightcap Withdrawal Methods

Log into your Eightcap trading account, which is connected to your bank account. Go to the section that says โ€œfundsโ€ or โ€œaccountsโ€ and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your Eightcap account to your bank account. To withdraw money from your Eightcap account you can use credit or debit cards. Eightcap processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as Eightcap processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.

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Eightcap Trading Platforms

As there are a number of tradable financial instruments available on the Eightcap trading platform. Before investing in the Eightcap platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The Eightcap platform has a demo account and educational tool, but it may not be designed for new traders so focuses less on those educational features. Eightcap offer livechat, phone, and email support.

If you struggle with technology, you need to consider the level of support on Eightcap is available. Another thing to consider is your financial goals. Make sure that a Eightcap account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.

There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a Eightcap account. Ensure that Eightcap allows you to focus on the type of trading that you want to focus on.

Make sure Eightcap is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using Eightcap, think about how easy it is to use for your personal needs. Does the Eightcap platform offer real-time updates or delayed updates that are more informed? Remember to check if Eightcap is well regulated, and what tradeable financial instruments Eightcap has. Security is very important when it comes to trading with Eightcap.

Eightcap Web Trading Platform

A Eightcap web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through Eightcap which acts as a financial intermediary. Eightcap is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed.

Mobile Trading Platform

Both Android and iOS devices are supported by the Eightcap mobile trading platform.

Eightcap Apple IOS Trading Platform

A Eightcap iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.

Eightcap Google Play Android Trading Platform

A Eightcap Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.

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Eightcap Mobile Trading User Experience

Eightcap mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. Eightcap mobile trading refers to trading using a mobile phone.

Leading brokerages like Eightcap offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire Eightcap portfolio. All an investor needs is a Web-enabled smartphone and a trading account with Eightcap. Once you have download the Eightcap trading app, you are ready to begin.

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Eightcap Desktop Computer Trading Platform

A Eightcap computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The Eightcap desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The Eightcap desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.

Eightcap MetaTrader 4

MetaTrader 4, known as MT4, is a trading platform used by online retail foreign exchange traders. MetaQuotes Software developed and released this programme in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients. It is a free-of-charge Forex trading platform, offering wide technical analysis options, flexible trading system, and algorithmic and mobile trading. MT4 is a popular online trading platform that can be used to automate one's trading. Its simple user interface provides users with access to advanced technical analysis and flexible trading systems.

Eightcap MetaTrader 5

MetaTrader 5 is a free application for traders allowing to perform technical analysis and trading operations in the Forex and exchange markets. MetaTrader 5 is a multi-asset platform suitable for trading in the Stocks and Futures markets too. It is a multi-asset platform that allows trading Forex, stocks and futures, and it also offers superior tools for comprehensive price analysis. There are many benefits at MT5, as the platform represents an all-in-one concept, offers impressive analytical tools and a modern look with the allowance to open hundreds of charts and perform analysis through truly advanced institutional grade features.

Eightcap PC Trading Platform

One needs a computer with high performing hardware if their plan is to be a full time trader using Eightcap. A trading computer with access to a Eightcap PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.

Eightcap Apple Mac Trading Platform

Apple Macs and MacBooks can easily handle the most important requirements when using the Eightcap trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the Eightcap trading platform is very user friendly and easy to use on a Mac device.

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Eightcap Trading Look And Feel

The Eightcap user interface (UI) is what Eightcap traders will see and interact with first when trading with the Eightcap trading platform. The Eightcap is well designed. The goal of the Eightcap trading UI is to make the Eightcap user's experience easy and intuitive. The Eightcap application has good user experience and a good level of customer satisfaction.

Eightcap Security

Eightcap is a secure trading platform. Eightcap offers traders security via 2 factor authentication, SSL encription when trading with Eightcap. Eightcap trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with Eightcap. Rate limitation on Eightcap suspicious account activities is another layer of protection that is provided for Eightcap trading accounts, for example multiple failed login attempts with Eightcap. You have the option to further safeguard your account by using Eightcap Two-Factor Authentication (2FA), which provides an extra layer of security.

The Eightcap trading infrastructure is constantly watched and guarded by a trained team at Eightcap In addition, Eightcap never send sensitive information without first encrypting on the Eightcap trading platform using transport layer security (TLS) and SSL.

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Placing A Buy Or Sell Order On Eightcap

Available Eightcap order types. # market, limit, stop, stop limit, Good until end of day / canceled.

Eightcap Market Order

A Eightcap market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. Eightcap market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. Eightcap market orders are popular as they are a fast and reliable method of either entering or exiting a trade.

Eightcap Limit Order

A Eightcap limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.

Eightcap Stop Order

A Eightcap stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.

Eightcap Stop Limit Order

A Eightcap stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The Eightcap stop-limit order triggers a limit order when a stock price hits the stop level. A Eightcap stop-limit order can be helpful when trading if you are unable to watch your trades all day.

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Eightcap Alerts And Notifications

Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages. It would be preferable if you could set up email or SMS notifications as well.

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Eightcap Trading Platform Features

Online trading platforms like Eightcap are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with Eightcap. The Eightcap trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using Eightcap.

Eightcap Margin Trading

Eightcap margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, Eightcap margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.

Eightcap Auto Trading

Eightcap auto trading is a trading strategy where buy and sell orders are automatically placed based on an underlying Eightcap system or programme and actioned by set criteria set by the Eightcap trader. These Eightcap orders are placed when the trade conditions in the underlying Eightcap system or program are met. It is a method of participating in financial markets by using Eightcap, which executes a pre-defined set of rules for both entering and exiting trades on Eightcap. If you are a Eightcap trader, you are able to use detailed Eightcap technical analysis with the setting of parameters for Eightcap one's positions. This includes orders to open Eightcap, trailing stops, and guaranteed stops.

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Eightcap Account Types

Eightcap Demo Account

Eightcap offers demo accounts that gives traders the ability to purchase and sell Eightcap financial instruments in a practice environment, using fake Eightcap digital money and live market conditions and data. When you practise on a Eightcap demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the Eightcap platform. Eightcap demo accounts allow you to experience and practice a variety of market charts, Eightcap trading indicators, and trading strategies using Eightcap.

Eightcap Standard Account

Eightcap offers a standard trading account, allowing Eightcap traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich Eightcap trading platform.

Eightcap STP Account

Eightcap STP (Straight Through Processing) account is a Eightcap trading feature that involves sending Eightcap client orders directly to the market without passing them through a dealing desk. A Eightcap STP account is considered to be more of a hybrid of the ECN and market maker (dealing desk) models.

Eightcap ECN Account

A Eightcap ECN (Electronic Communications Network) account is a pure order-matching execution system, where Eightcap, as a provider, charges a commission per Eightcap trade instead of inflating the spread, occurring more naturally within the Eightcap order-matching process. A Eightcap ECN is a financial intermediary that uses electronic communications networks to give Eightcap clients direct access to other participants in equity and currency markets. As an ECN broker, Eightcap only matches Eightcap trades between other market participants; it cannot trade against the Eightcap client.

Eightcap DMA Accounts

Eightcap Direct market access (DMA) refers to the access one is afford to the electronic facilities and order books of the Eightcap financial market exchange that facilitate daily securities transactions. Rather than relying on market-making firms and broker-dealers to execute trades, Eightcap might use direct market access to place trades themselves. Eightcap DMA accounts make individual contracts with each liquidity provider.

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Eightcap Tradable Financial Instruments

Eightcap tradable financial instruments are the financial instruments that are specifically available to trade on the Eightcap trading platform. This refers to the different types of financial markets you can trade with through Eightcap. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on Eightcap.

NameEightcapIC MarketsRoboforex
CFD TradingYesYesYes
Stock MarketsNo210053
ETFsNoNo
Fractional SharesNoYes
CryptocurrenciesNoYesNo
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Eightcap Trading Stocks

Stock trading with Eightcap is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with Eightcap; if you possess the stock on Eightcap, you own a piece of the corporation and may be entitled to voting rights where applicable.

Stock trading on Eightcap involves purchasing and selling stocks and share using Eightcap periodically in order to time trades against the stock markets, with the aim of using Eightcap to profit from your stock trading. Eightcap stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on Eightcap. Stock traders on Eightcap conduct significant study, frequently dedicating several hours every day to market monitoring using Eightcap trading tools.

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Eightcap Trading ETFs

What Are ETFs

Eightcap does not offer ETF trading. An ETF is a collection of assets whose shares are traded on a stock market. They blend the characteristics and potential benefits of stocks, mutual funds, and bonds. ETF shares, like individual stocks, are traded throughout the day at varying prices based on supply and demand.

What Are Fractional Shares

Eightcap does not offer fractional share trading.

Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.

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Eightcap Trading Cryptocurrencies

Eightcap does not offer cryptocurrency trading.

Cryptocurrency trading is not offered by Eightcap, so you will need to find a Eightcap alternative that allows you to buy and sell the underlying cryptocurrency assets. Eightcap CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a Eightcap alternative and make sure you undertand the risks fully before trading.

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Eightcap Forex Trading

Forex trading with Eightcap is a method through which to invest money which involves trading one currency for another in a Forex currency pair with Eightcap. The main aim of Eightcap Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with Eightcap. As a Eightcap Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like Eightcap. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like Eightcap. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on Eightcap.

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Eightcap Commodities Trading

Commodity trading is a type of trading available on Eightcap where individuals or businesses buy and sell financial instruments using Eightcap related to commodities, such as metals or oil.

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Eightcap Options Trading

Eightcap options trading is the trading of instruments that gives someone the right to buy or sell a specific security on a specific date at a specific price. If one decides to complete that purchase or sale, they are know to be exercising the option. Eightcap option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options' variables.

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Eightcap Futures Trading

Futures trading with Eightcap is where derivative financial contracts obligate a buyer to purchase an asset or a seller to sell an asset at a predetermined future date and set price using Eightcap to facilitate the trade. A Eightcap futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on Eightcap. Typically, futures contracts are traded on an exchange such as Eightcap; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling Eightcap trader to the contract agrees to provide it.

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Eightcap Bonds Trading

Bonds trading on Eightcap is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an investment for the duration of the issued bond, and then give the original sum back at the end of the loan's term to the Eightcap trader. Bonds can be bought and sold on Eightcap after they are issued. While some bonds are traded publicly through Eightcap, most trade over-the-counter between large broker-dealers like Eightcap acting on their clients' or their own behalf. Yield is therefore based on the Eightcap purchase price of the bond as well as the coupon.

Eightcap CFD Trading

A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.

NameEightcapIC MarketsRoboforex
Forex CFDYesYesYes
Index CFD132530
Stock CFD2581108400
ETF CFD3050
Commodity CFD42020
Crypto CFDNoYesNo
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Eightcap Trading Research Tools

Taking advantage of Eightcap trading research tools which are designed to help traders analyse potential investments using the Eightcap trading platform. Some Eightcap research tools include charts, technical analysis, and Eightcap trading indicators.

Eightcap Trading News

Traders can follow the markets and make wise investment decisions on Eightcap by using the news to help form a strategy when it comes to choosing investments. A Eightcap news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.

Eightcap Economic Calendar

An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A Eightcap economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.

Eightcap Fundamental Data On Financial Instruments & Companies

Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. Eightcap fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.

Eightcap Charting

Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on Eightcap are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired.

Eightcap portfolios

Trading portfolios are useful when trading with Eightcap.

A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.

A Eightcap trading portfolio is a traders collection of investments, which may include a variety of Eightcap financial instruments.

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Eightcap Payment Methods

A Eightcap payment method is required to fund your Eightcap trading account before placing a buy or sell order on a financial instrument.

When trading with Eightcap, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that Eightcap do not have any control over.

NameEightcapIC MarketsRoboforex
Payment MethodsCredit Card, Debit Card, Neteller, POLi, Skrill, UnionPay, VisaBPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex MoneyADVcash, Alipay, Bitcoin Payments, Cashu, FasaPay, Giropay, iDeal, MoneyGram, Neteller, Perfect Money, POLi, QIWI, Rapid Transfer, SafeCharge, Skrill, Sofort, Trustly, Vietcombank Transfer, Visa, Webmoney, WeChat Pay, Wire Transfer, Yandex Money
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Eightcap review
Eightcap Withdrawl Methods

When trading with Eightcap at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your Eightcap account balance. Eightcap may have minimum withdrawal limits that you will need to check before withdrawing.

You may be charged a currency conversion fee by your withdrawal method if you withdraw your Eightcap account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.

Eightcap Withdrawals Times

The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your Eightcap account.

Withdrawal requests can take up to three business days to be processed by Eightcap.

You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.

If you're having a withdrawal transferred to your digital wallet account, your Eightcap should arrive in less than 24 hours.

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Eightcap Customer Support

Customer support represents the resources within the Eightcap company that provides technical assistance to its customers after they use the Eightcap service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.

Eightcap offer email, livechat, phone, customer support.

Eightcap Email Support

Eightcap offers email support.

Email support is a a convenient method of Eightcap customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from Eightcap regarding your support request.

Eightcap Livechat Support

Eightcap offers livechat support.

Eightcap live chat support is a way for customers to obtain help from Eightcap through an instant messaging platform. It happens at a one-to-one level, often via the company's website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.

Eightcap Telephone Support

Eightcap offers telephone support.

Eightcap telephone Support is often used for pre-sale queries, order taking, or even upselling and cross-selling, and troubleshooting. Outbound calls are calls made to customers from the Eightcap call centre to give or take information.

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Eightcap Educational Resources

Eightcap educational resources are used throughout the Eightcap learning environment to help and assist with customer's development and learning of trading on Eightcap. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using Eightcap trading tools. Educational resources are brilliant for educators to help deliver the best quality lessons.

Eightcap Trading Platform Tutorials

Eightcap offer a range of learning resources and tutorials and guides made available to registered Eightcap users. The Eightcap guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate Eightcap users on basic trading principles.

Eightcap Trading Videos

Eightcap offer a selection of online trading videos.

Trading videos on Eightcap help new and even more experienced investors gain insights into Eightcap technical analysis tools and how the different financial markets work when trading on Eightcap.

Eightcap trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs and cryptocurrencies. Some Eightcap training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using Eightcap to trade live financial markets.

Eightcap Webinars

Eightcap offers access to online webinars. A webinar is an interactive online event in which a speaker (or a small group of speakers) delivers a presentation to a large audience of Eightcap clients who participate by asking questions, replying to polls, and using other interactive technologies available on the Eightcap trading platform.

Eightcap review
Eightcap Financial Regulation When Trading

Financial regulations on Eightcap protect consumers' investments. Regulations prevent financial fraud and limit the risks that Eightcap as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. Eightcap financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.

Is Eightcap Regulated?

Eightcap is regulated by Australian Securities and Investments Commission (ASIC), Vanuatu Financial Services Commission (VFSC).

Eightcap is licensed by financial regulators in certain jurisdictions. You can find out if brokers like Eightcap are licensed in your country, if they have had run-ins with regulators, or received serious complaints from Eightcap investors, directly with financial regulators in your country.

Eightcap Regulatory Protection Limits

When registering with Eightcap you must check with regulatory body your Eightcap trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your Eightcap account is over seen by. Eightcap client funds are stored in segregated 3rd party bank account in accordance with Eightcap financial regulators.

Client country Investor protection amount Regulator
United Kingdom ยฃ85,000 Financial Conduct Authority (FCA)
EU Investor Compensation Scheme max โ‚ฌ50,000 Directive of The European Parliament and European Commission
Other countries 90% of your funds, max โ‚ฌ20,000 Bulgarian Financial Supervision Commission (FSC)

Eightcap Trading Signals

Eightcap does not offer trading signals in any form.

Make sure you understand the risks of trading signals.

How does Eightcap make money?

Because Eightcap acts as an intermediary, Eightcap gets compensated on buy and sell transactions of financial instruments. As a result, Eightcap profit is determined by the volume and number of transactions. Eightcap earns revenue to fund their Eightcap platforms and wide range of trading services through market spreads.

Can you buy shares on Eightcap?

Eightcap does not provide customers with real company shares trading. Eightcap offers CFD stock trading. When trading CFD stocks you are not trading real stocks as you do not own any underlying stock assets. A CFD stock is a leveraged deal between the trader and Eightcap on the speculative up or down price movement on an agreed stocks price movement.

Does Eightcap offer Cryptocurrency?

Eightcap does not offer cryptocurrency trading. The offering of crypto CFDs was stopped by most trading platforms on November 27, 2020, as a result of the Financial Conduct Authority of the UKs restrictions on cryptocurrency. While buying and selling Bitcoin and other cryptocurrencies is still lawful, the UK financial regulator, the Financial Conduct Authority (FCA), has made trading cryptocurrencies illegal for UK residents. This is because the FCA considers crypto CFD trading to be a high-risk activity. You'll need to see if trading crypto CFDs are allowed in your country.

Eightcap Lower fees, lower costs?

Eightcap have reasonable trading fees and costs. Eightcap may charge a deposit fee. Eightcap may charge a withdrawal fee. Some withdrawal fees are out of the control of Eightcap and may be due to 3rd party payment providers and your account base currency.

What about the minimum deposit?

Eightcap minimum deposit is 100 USD / GBP / EUR.

How to start your Eightcap account?

You can sign up for a live or demo Eightcap trading account by visiting Eightcap and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an Eightcap account here.

How's the Eightcap trading app?

Eightcap allow traders to trade financial markets on iOS, Android supported mobile devices.

You can tryout the Eightcap trading app here.

Is the quality of Eightcap customer service satisfactory?

Eightcap have average customer support offering support through email, livechat, phone, support options.

Is this broker good for new traders?

Eightcap is a good trading platform for new traders as Eightcap offer a good range of educational resources, good support options as well as a demo account.

How do you withdraw money from Eightcap?

Eightcap offer a good selection of withdrawal options. Once Eightcap have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.

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Ashly Chole - Senior Finance & Technology Editor

Eightcap Review 2022 (Expert Review) guide updated 25/09/22