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Regarding the legitimacy of Eightcap forex brokers, it provides a comprehensive investigation into the security aspects of regulatory ASIC,FCA,CYSEC,SCB, and WikiBit, as well as whether there are any negative scam reviews.

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Is Eightcap safe?

The regulatory license is the strongest proof.

ASIC Market Making(MM)

Australia Securities & Investment Commission

Regulatory Agencies Introduction

Current Status:

Regulated
License Type:
Market Making(MM)

Licensed Institution:
EIGHTCAP PTY LTD
Effective Date: Change Record
2011-04-29
Email Address of Licensed Institution:
compliance@eightcap.com
Sharing Status:
No Sharing
Website of Licensed Institution:
--
Expiration Time:
--
Address of Licensed Institution:

EIGHTCAP PTY LTD 'RIALTO SOUTH TOWER' L 35 525 COLLINS ST MELBOURNE VIC 3000 AUSTRALIA
Phone Number of Licensed Institution:
0383734800
Licensed Institution Certified Documents:

Annex1 Annex2 Annex3 More

FCA Straight Through Processing(STP)

Financial Conduct Authority

Regulatory Agencies Introduction

Current Status:

Regulated
License Type:
Straight Through Processing(STP)

Licensed Institution:
Eightcap Group Ltd
Effective Date:
2020-12-23
Email Address of Licensed Institution:
customerservice-uk@eightcap.com
Sharing Status:
No Sharing
Website of Licensed Institution:
--
Expiration Time:
--
Address of Licensed Institution:

40 Gracechurch Street London EC3V 0BT UNITED KINGDOM
Phone Number of Licensed Institution:
+44443331503027
Licensed Institution Certified Documents:

Annex1 Annex2 Annex3 More

CYSEC Straight Through Processing(STP) 21

Cyprus Securities and Exchange Commission

Regulatory Agencies Introduction

Current Status:

Regulated
License Type:
Straight Through Processing(STP)

Licensed Institution:
Eightcap EU Ltd
Effective Date:
2014-07-30
Email Address of Licensed Institution:
compliance@eightcap.eu
Sharing Status:
No Sharing
Website of Licensed Institution:
www.eightcap.eu
Expiration Time:
--
Address of Licensed Institution:

Anexartisias 187, 1st floor, 3040 Limassol, Cyprus
Phone Number of Licensed Institution:
+357 25 060 006
Licensed Institution Certified Documents:

Annex1 Annex2 Annex3 More

SCB Retail Forex License

The Securities Commission of The Bahamas

Regulatory Agencies Introduction

Current Status:

Offshore Regulated
License Type:
Retail Forex License

Licensed Institution:
Eightcap Global Limited
Effective Date:
--
Email Address of Licensed Institution:
--
Sharing Status:
No Sharing
Website of Licensed Institution:
--
Expiration Time:
--
Address of Licensed Institution:

201 Church Street, Sandyport, West Bay St., Nassau, Bahamas
Phone Number of Licensed Institution:
--
Licensed Institution Certified Documents:

Annex1 Annex2 Annex3

Is Eightcap a scam, or is it legit?

The latest exposure and evaluation content of Eightcap brokers.

Huge spread of +190 points on GBPUSD

Today, July 25, 2024, Eightcap.com had a Spread of +190 points on the GBPUSD Pair, which is one of the main ones in Forex, and therefore the Spread is usually low, but on top of that it was a PRO account, which It is the account they offer with 0 Spread. That caused a margin close out on my account, leaving the account at 15.19 EUR from a deposit of 1500 EUR. They have totally failed to fulfill their commitment to offering quality service.

EightCap does not withdraw

EightCap does not withdraw for client. There is no UnionPay Option. Fraud platform.

Eightcap

Fraudulent group companies. At first, they will chat with you through Facebook or WhatsApp. Then she will ask you to help her with transactions, and she will pretend to help you get an investment quota, and then you will follow her trading for almost a month. They will tell you that 5,000 yuan is commission and more than 10,000 yuan is personal tax. When you fall out with them, they will block you. So before investing, please think twice.

Unable to withdraw, unable to contact customer service

Customer services are not responding to messages and there have been no withdrawals. Reports indicate that there have been IT interruptions affecting major institutions in Australia and around the world. Eightcap is currently experiencing network interruptions as a result. We apologize for any inconvenience caused and will contact you with more information when available. What's going on?

Unable to withdraw

After making a profit on the platform, I cannot withdraw. They maliciously deduct my money. Please help to investigate this fraud platform.

Unable to withdraw

Do not withdraw since December. The customer service tells me to send email to department. There is no response for countless email. The deposit is very quick, but the withdrawal is really slow for such a big platform.

Fraud!!!

I found I couldn’t withdraw the returns of my investment or delete my account with them after 3 months of trading and then they called me out of the blue talking about possible investment options despite the fact I’d said I wanted nothing to do with them Besides having fintrack/ org file a class action that will see you get your money it is actually near impossible to withdraw from the system if you accept their bogus offers which is how they draw in inexperienced traders like myself.

An account review has taken 7 days without any updates.

An account review has taken 7 days without any updates. When I contact customer service, they just tell me to wait or ask me to send an email. After sending an email, the only response I get is still just to wait. If even applying for an account is an issue, then how can I be assured of the safety of my funds? The customer service is just passing the buck.

Eightcap's latest industry rating score is 7.89, the higher the score the safer it is out of 10, the more regulatory licenses the more legitimate it is. Eightcap If the score is too low, there is a risk of being scammed, please pay attention to the choice to avoid.

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