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Eightcap forex broker provides various trading information, with an average trading speed of 168.5ms, a trading cost of AA, an average slippage of -0.2, a liquidation rate of 0.70%, a spread cost of 17.04, etc

Rating Index

Pros

Highly regulated by multiple authorities (ASIC, FCA, CySEC), ensuring a secure trading environment.
Competitive trading conditions with tight spreads starting from 0 pips and low commission fees.
Extensive selection of cryptocurrency CFDs, making it a strong choice for crypto traders.

Cons

Limited selection of research tools compared to competitors, lacking popular features like Autochartist and Trading Central.
Demo accounts expire after 30 days, which may inconvenience users who wish to practice longer.
Relatively weak offering in commodities compared to industry leaders, limiting diversification options for traders.

Eightcap Broker Trade

Eightcap Environment

Average transaction speed(ms)
168.5 Perfect
The highest speed of opening positions(ms)
55 Great
The highest speed of closing position(ms)
55 Perfect
The lowest speed of opening positions(ms)
55 Great
The lowest speed of closing position(ms)
1406 Good
Ranking(ms)
1234 Good
17.38USD/Lot
12.36USD/Lot Perfect
Long: -10.74USD/Lot    Short: 5.18USD/Lot
Long: -57.63USD/Lot    Short: 31.59USD/Lot Poor
21684
-0.2 Great
21861
16
21723
-1 Good
21724
16 Good
21725
0.3 Perfect
21726
35.5
21727: 47 / 125
Test user 1,373
Orders 4,483
Ocuppied margin $20,783,173 USD
Data Source
WikiFX Data provide
Updated: 2025-08-15 01:00:00

Total Margin Trend

21456 User Products Closing time
Washington 809*** XAUUSD 08-18 08:00:00
Tokyo 375*** EURUSD 08-18 19:00:01
Singapore 714*** XAUUSD 08-18 17:30:01

20586

0.70%

Stop Out Symbol Distribution

6 months

Trade Smarter with Eightcap: A Comprehensive Review of the Forex Broker

In the dynamic world of forex trading, choosing the right broker is crucial for success. Eightcap, a regulated forex and CFD broker, has established itself as a prominent player in the market since its inception in 2009. With a focus on providing competitive trading conditions and advanced trading platforms, Eightcap caters to both novice and experienced traders. This article aims to answer three core questions: What are the trading conditions offered by Eightcap? Which trading platforms and products are available? What are the advantages and disadvantages of trading with Eightcap?

Broker Overview and Trading Conditions

Established Regulatory Bodies Headquarters Minimum Deposit Leverage Ratio Average Spread
2009 ASIC, FCA, CySEC, SCB Melbourne, Australia $100 Up to 1:500 From 0.0 pips

Eightcap offers competitive trading conditions that align well with industry standards. With a minimum deposit of just $100 and leverage ratios up to 1:500, traders can enter the market with relatively low initial capital. The average spread starts from 0.0 pips for raw accounts, making it attractive for high-frequency traders and scalpers. Furthermore, the absence of deposit and withdrawal fees enhances its appeal, allowing traders to maximize their profits without incurring additional costs.

Trading Platforms and Product Analysis

Eightcap supports several trading platforms, including MetaTrader 4 (MT4), MetaTrader 5 (MT5), and TradingView. Both MT4 and MT5 are renowned for their user-friendly interfaces and advanced charting capabilities, while TradingView offers a social trading aspect, allowing traders to share ideas and strategies.

Available Currency Pairs

Currency Pair Category Number Offered Minimum Spread Trading Hours Commission Structure
Major Pairs 40+ From 0.0 pips 24/5 Commission applies on raw accounts
Minor Pairs 20+ From 0.1 pips 24/5 Commission applies on raw accounts
Exotic Pairs 10+ From 1.5 pips 24/5 Commission applies on raw accounts

The execution speed on Eightcap's platforms is commendable, with minimal slippage reported during high volatility periods. Traders can expect rapid order execution, which is essential for those employing scalping strategies. The combination of low spreads and efficient execution positions Eightcap as a competitive player in the forex market.

Advantages and Disadvantages with Security Assessment

Advantages:

  • Regulation and Trust: Eightcap is regulated by reputable authorities such as ASIC and FCA, ensuring a secure trading environment.
  • Competitive Trading Conditions: With low spreads and no deposit/withdrawal fees, traders can maximize their profits.
  • Advanced Trading Tools: The integration of TradingView and tools like Capitalise.ai allows for enhanced trading strategies without needing coding skills.
  • Disadvantages:

    • Limited Product Range: While Eightcap offers a wide variety of CFDs, it does not provide direct access to stocks or ETFs.
    • No US Clients: Traders from the US are not permitted to open accounts, limiting its reach in a significant market.
    • Eightcap prioritizes the safety of client funds, employing measures such as negative balance protection and segregating client funds in tier-1 accounts. Customer satisfaction ratings are generally positive, with many users praising the broker's competitive fees and responsive customer support.

      Practical Strategies and Summary Recommendations

      A suitable trading strategy for Eightcap's platform is the Scalping Strategy. This approach involves making multiple trades throughout the day to capitalize on small price movements. Traders should focus on major currency pairs with tight spreads, such as EUR/USD and GBP/USD, and utilize the MT4 or MT5 platforms for rapid order execution.

      In summary, Eightcap stands out as a robust forex broker offering competitive trading conditions, advanced platforms, and a variety of educational resources. It is well-suited for traders looking for a reliable and cost-effective trading environment. However, those seeking direct stock trading options or residing in the US may need to consider alternative brokers.

      Frequently Asked Questions (FAQs)

      • What is the minimum deposit required to start trading with Eightcap?
        • The minimum deposit is $100.
        • Does Eightcap charge withdrawal fees?
          • No, Eightcap does not charge withdrawal fees, but third-party payment providers may impose their charges.
          • What leverage does Eightcap offer?
            • Eightcap offers leverage up to 1:500, depending on the regulatory jurisdiction.

            Risk Warning

            Trading in forex and CFDs involves a high level of risk and may not be suitable for all investors. It is important to understand the risks involved and seek advice from an independent financial advisor if necessary.

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