Search

EIGHT PLUS CAPITAL Forex Broker provides real users with 1 positive reviews, * neutral reviews and 8 exposure review!

EIGHT PLUS CAPITAL Broker Review

2.31

WikiFX monitor

Software Index

Full License

License

CYSEC Suspicious Clone

EIGHT PLUS CAPITAL Review 9

Latest All(9) Positive(1) Exposure(8)
Exposure

Scammers are resetting your account under the name of commission. I made a profit of 2 dollars, they deducted 200 dollars as commission, and now they are not giving me the remaining amount.

FX1804675303
2024-12-05
Exposure

I was scammed by the company Eigtht Plus and Rexen. My principal is 55,000 dollars and my account is 190,000 dollars with my wife. The day I wanted to withdraw money, it was stopped. I was asked for 120,000 dollars to open the account. When I did not deposit it, my account was completely closed.. WHEN I STARTED THE LEGAL PROCESS, I RECEIVED CALLS FROM PEOPLE I DON'T KNOW, TELLING ME THAT I WON'T GET MONEY AND THAT I SHOULD GIVE UP THIS ISSUE. I HAVE SENT YOU VARIOUS SCREENSHOT AND RECEIPTS. I AM SENDING THE NUMBERS OF THE MT5 SERVER OWNERS. AS A WOMAN, IT IS NOT POSSIBLE FOR ME TO DELETE THIS MONEY AND AS A WOMAN, I DO NOT THINK THAT YOU WILL TOLERATE ME TO BE THREATENED. I EXPECT YOUR SUPPORT IN A SHORT TIME, THANK YOU IN ADVANCE.REXEN - BLUEREX TECHNOLOGY LTD SERVER ASPLUS CAPITAL - EIGHT PLUS CAPITAL LTD SERVER(support@aspluscapital.com) MT5 ACCOUNT REXEN 600589 ASPLUS 10125

Semra
2024-11-25
Exposure
We were scammed, we cannot withdraw money

Hello I used to trade in a different platform and during my trades, I was repeatedly contacted by eight plus capital and on 08/07/24, I was somehow convinced. I started with $310 initially. Later, they talked about a great advantage and convinced us to buy wheat. We invested $9,000 and then our account blew up. They asked for another $5,000 to reopen the account and imposed a condition of 50 lots. Our account was opened and we were trading to meet the lot requirement. At that time, a person named BEKİR MERT YILMAZ said he would make my lot trades faster and asked for my Meta password. He logged in and at that time, my account was $170,000. Suddenly, BEKİR opened a 20-lot trade and caused the account to go negative and blow up. Then they said they would reopen it and asked for $30,000. Later, a person named NAZLI ŞAHİN reduced it to $5,000 and convinced us to send $4,000. Then, when we had 16 lots left, suddenly the wheat trade disappeared.

FX8451835862
2024-10-31
Exposure
Withdrawal is impossible

I have invested half, and it has grown from $12,000 to $22,000. When you want to make a withdrawal, they demand 45% of the money under the name of tax. They say that if you don't pay, you cannot withdraw the money, but as you pay, they come up with new excuses to request fees. I want my money to be deposited. If it is not deposited, I will file a criminal complaint through my lawyer.

FX2862672224
2024-10-18
Exposure
PROFESSIONAL SCAMMERS

The biggest scam company in the Forex market is EİĞHT PLUS. The sole purpose of this company is to take your money. Even if you have $100,000 in your account, they still ask for 3-5 thousand from you. Because there is no real money in your account..! They don't forward your orders to the service provider, they just take your money and wait for you to lose in your trades. And if you manage to make money, you can never withdraw that money..! Then they block you and close your account. These are professional scammers. I reported them to the Prosecutor's Office. My advice to you is not to lose your money to these scammers. It is not possible to make money from this company..!!! The so-called investment advisor Orçun SEZGİN, the so-called investment advisor for big accounts Naz Atasoy, and their so-called manager Ahmet bey.. these three people spin you around like a top and then never answer your calls. They closed my account when I had $40,000 and I can't log in and they don't answer my calls. SCAMMERS

FX1126306962
2024-09-24
Positive

My last experience is deemed great because the support was able to provide the detailed information of what am looking for. More so I am thrilled by the fact they are willing to go extra in making sure that am able to navigate all the trading services of Eight Plus correctly.

Harkerri
2024-08-26
Exposure
To stop and reopen the account, 12,000 dollars is required

My account at Rexen brokerage was stopped due to high lot sizes opened by the managers and advisors. When the account faced issues, Tayfun Bey ensured funding was done each time, and later claimed partnership in the account. Tayfun Bey, whom I knew as the manager, later transferred my account to Eight Plus company for personal management. Continuing with the same risk and high lots, my account eventually stopped out. When I wanted to withdraw from the account, it was left in a negative state and stopped out. Currently, Eight Plus company is not opening my account and is asking for funding ($120,000). I am in significant loss and request your assistance. Currently, I cannot communicate with anyone from either Rexen or Eight Plus company. Rexen 600589 Eight Plus 10333 and 10125 These are the accounts; please I have been wronged and request an investigation into my accounts and a refund of my principal amount.

Semra
2024-07-11
Exposure
They operate under the name EasyMarkets.

A fraudulent and imitative company. First of all, they manipulate our psychology very well and persuade us. However, when they start trading and making money, they first widen the spreads excessively. Even if you open a trade, you cannot earn much. Your earnings go to transactions. When you request a withdrawal, they deduct a commission of $100 or $200 for each transaction closed from the money in your account. Unfortunately, there is no money left to withdraw. The amount you deposit does not appear on the withdrawal platform.

fuatmonu
2024-04-22

  

Eight Plus Capital 2025 Review: Everything You Need to Know

  Summary: Eight Plus Capital is a forex broker that has garnered mixed reviews, with concerns about regulation and user experience. While it offers competitive spreads and a variety of trading platforms, it has faced criticism for customer service and potential issues regarding fund security.

  Note: It is important to consider that the regulatory status of Eight Plus Capital can vary by region, and potential clients should be aware of the different entities operating under its name to ensure compliance and protection.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 6
Tools and Resources 5
Customer Service and Support 4
Trading Experience 6
Trustworthiness 5
User Experience 4

  How We Rate Brokers: Our ratings are based on a comprehensive analysis of user feedback, expert insights, and factual data regarding broker services.

  

Broker Overview

  Established in 2024, Eight Plus Capital operates as a brokerage firm based in Cyprus, regulated by the Cyprus Securities and Exchange Commission (CySEC). The broker offers a range of trading services, including forex and CFDs, with a minimum deposit requirement of $200. It primarily utilizes the MetaTrader 4 (MT4) platform, which is popular among traders for its user-friendly interface and advanced trading capabilities. The available asset classes include forex, indices, commodities, and cryptocurrencies.

  

Detailed Section

  

Regulatory Regions

  Eight Plus Capital is regulated by CySEC, which oversees its operations in the European Union. However, there have been warnings issued regarding the broker's practices, raising concerns about its legitimacy and adherence to regulatory standards. Users are advised to conduct thorough research before engaging with this broker.

  

Deposit/Withdrawal Currencies/Cryptocurrencies

  The broker accepts deposits and withdrawals in USD and EUR, and it also allows for transactions in cryptocurrencies such as Bitcoin and Ethereum. However, withdrawal times can vary, with some reports indicating delays in accessing funds.

  

Minimum Deposit

  The minimum deposit to open an account with Eight Plus Capital is set at $200. This amount is relatively standard among forex brokers, but potential clients should consider the risks associated with trading with an unregulated entity.

  

Bonuses/Promotions

  Eight Plus Capital does not prominently advertise any bonuses or promotions on its website, which may limit the appeal for traders looking for incentives to start trading.

  

Tradable Asset Classes

  The broker provides access to a range of asset classes, including forex pairs, indices, commodities, and cryptocurrencies. However, the selection of available instruments is limited compared to other brokers in the market, which could restrict trading opportunities for some clients.

  

Costs (Spreads, Fees, Commissions)

  Eight Plus Capital offers competitive spreads starting from 0.1 pips. However, there are concerns regarding hidden fees and commissions that may apply during withdrawals, particularly for bank transfers, which could impact overall trading costs.

  

Leverage

  The maximum leverage offered by Eight Plus Capital is up to 1:100 for professional traders. While this can amplify potential returns, it also increases the risk of significant losses, especially for inexperienced traders.

  

Allowed Trading Platforms

  The broker primarily offers the MetaTrader 4 (MT4) platform, known for its advanced charting tools and automated trading capabilities. However, some users have expressed dissatisfaction with the lack of a proprietary mobile app and limited access to advanced trading features.

  

Restricted Regions

  Eight Plus Capital does not accept clients from several countries, including the United States and certain jurisdictions in Europe and Asia. This restriction may limit its accessibility for potential traders.

  

Available Customer Service Languages

  Customer service is available in multiple languages, including English, Chinese, Spanish, and German. However, user reviews indicate that customer support can be lacking, particularly in response times and effectiveness.

  

Ratings Revisited

Category Rating (out of 10) Detailed Breakdown
Account Conditions 6 Minimum deposit of $200 is standard, but limited account types available.
Tools and Resources 5 Basic educational resources, but lacks comprehensive materials for traders.
Customer Service and Support 4 Mixed reviews on responsiveness and effectiveness of support.
Trading Experience 6 Competitive spreads but concerns over hidden fees and withdrawal issues.
Trustworthiness 5 Regulated by CySEC, but warnings from authorities raise concerns.
User Experience 4 User interface is functional, but there are complaints about service quality.

  

Detailed Breakdown

  Account Conditions: Eight Plus Capital requires a minimum deposit of $200, which is fairly typical for forex brokers. However, the limited account types may not cater to all trading strategies, potentially limiting flexibility for traders.

  Tools and Resources: The broker provides basic trading tools and access to the MT4 platform, but lacks comprehensive educational resources. Traders seeking in-depth learning materials may find this lacking.

  Customer Service and Support: Reviews indicate that customer service is one of the weaker aspects of Eight Plus Capital. Delays in response times and issues with problem resolution have been reported, which can be frustrating for traders needing immediate assistance.

  Trading Experience: While the broker offers competitive spreads, users have raised concerns about hidden fees and potential issues with withdrawing funds. This can detract from the overall trading experience and trustworthiness of the broker.

  Trustworthiness: Although Eight Plus Capital is regulated by CySEC, there have been warnings about its practices. This raises questions about its reliability and whether traders can trust the broker with their funds.

  User Experience: The user interface of the trading platform is generally considered functional, but the lack of a proprietary app and limited advanced features may hinder the experience for some traders.

  In conclusion, while Eight Plus Capital offers some appealing features, potential clients should exercise caution and conduct thorough research before engaging with the broker, especially considering the mixed reviews and regulatory warnings.