Our take
Eightcap is a multi-regulated forex and CFD broker licensed by ASIC, the FCA, CySEC and the SCB. Its Raw account pairs very tight average spreads with a commission, it supports MT4, MT5, TradingView and TradeLocker, and the minimum deposit is $100. Which entity you join, and so your leverage and protections, depends on where you live.
- Regulation
- ASIC, FCA, CySEC, SCB
- Min deposit
- $100
- Raw account
- 0.06 pip avg + $7/lot
- Standard account
- 1.0 pip avg, no commission
- Platforms
- MT4, MT5, TradingView, TradeLocker
- Funding
- Cards, bank, crypto & more
Pros
- Regulated by major authorities including ASIC and the FCA
- Low all-in cost on the Raw account (about 0.76 pips on EUR/USD)
- Wide platform choice, including TradingView and TradeLocker
- Crypto among the deposit options, depending on entity
Cons
- Leverage, products and protections differ by entity
- Standard-account spreads are wider than Raw-plus-commission
Accounts and costs
| Account | EUR/USD spread (avg) | Commission (round turn) | All-in, 1 lot |
|---|---|---|---|
| Raw | 0.06 pips | $7.00 | 0.76 pips = $7.60 |
| Standard | 1.0 pip | $0 | 1.0 pip = $10.00 |
Average spreads as reported by ForexBrokers.com (October 2026). Compare your own numbers with the trading cost calculator, which has Eightcap presets.
Regulation
Eightcap operates through entities regulated by the Australian Securities and Investments Commission (ASIC), the UK’s Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC) and the Securities Commission of The Bahamas (SCB). Clients of the ASIC, FCA and CySEC entities get retail protections such as leverage caps and negative-balance protection; the offshore SCB entity offers higher leverage with fewer protections. Check which entity your account is opened with.
Platforms
You can trade on MetaTrader 4, MetaTrader 5, TradingView and TradeLocker. Eightcap was one of the first major regulated brokers to add TradeLocker — see our TradeLocker brokers guide and how to use TradeLocker.
Who it suits
Active forex and CFD traders who want a regulated broker with low raw-spread pricing and a choice of platforms. Compare it with Pepperstone and read ClarityFX vs Eightcap.
Eightcap FAQ
Is Eightcap regulated?
What is Eightcap's minimum deposit?
Does Eightcap offer TradingView and TradeLocker?
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Trading forex, futures, CFDs and other leveraged products is not suitable for every investor. Nothing on this site is investment advice.