EightCap (EightCap Pty Ltd)

ASIC regulated, 0.0 pip raw-spread, MT4. That is EightCap.

EightCap

EightCap is an Online Forex & CFD broker in Australia, licensed by ASIC.

☆Point – ASIC is one of the world’s most Stringent regulatory authority.

The broker strives to offer the Fairest Forex service with STP environment.

Direct Access and Minimum Cost

EightCap allows all kinds of trading activities on MetaTrader4.

The Minimum average spread(raw spread) is 0.0 pip. (See the actual 0.0 pip spread of EightCap from here.)

☆Point – 0.0 pip spread isn’t rare to see on EightCap MT4, but it is the “Average”.

To prove the “Trust” of tits business, EightCap discloses all company information on its Official Website.

Trading Info

With EightCap, you can trade Forex pairs, Commodity, Stock Index and Metals on MetaTrader4 trading platform.

The trading cost starts from 0.0 pip spread with $7 round turn lot.

The maximum leverage is 1:400.

*EightCap does not support NBP(Negative Balance Protection).

On EightCap MT4, all kinds of trading methods are allowed including Scalping, News Time Trading, EA Trading, Hedging etc, except Arbitrage.

No everyday promotions are offered, but you can benefit from the Low Cost trading.

Pros & Cons of EightCap

Service Details

Service Details
CompanyEightCap
(EightCap Pty Ltd)
Regulation
Founded in2009 (8 years)
Offered Instruments
Business Model
Max Leverage400:1
USA clients Not Accepted
JPN clients Not Accepted
Country BaseAustralia
Headquaters Level 11, 356 Collins Street Melbourne, VIC 3000 Australia
Supported Platforms

Deposits & Withdrawals

Deposits & Withdrawals
Base Currency Options
Available Crypto-CurrenciesN/A
Deposit Methods
Withdrawal Methods

Support desk

Support desk
Phone number+61 3 8373 4800
Service Hour24/7
Phone Support Available
Live Chat Available
Callback Available
Japanese Support Not Available
Telephone Order Available

Trading Accounts (2 accounts)

Here are the details of all Forex trading accounts of EightCap.

TitleStandardRaw
Account TypeForexForex
Trading PlatformMetaTrader 4 (MT4)MetaTrader 4 (MT4)
Minimum Deposit$100$100
Accout CurrencyAUDEURGBPUSDAUDEURGBPUSD
Execution TypeDMASTP
(Market)
DMASTP
(Instant)
Leverage400:1400:1
Spread TypeVariableVariable
Minimum Spreadfrom 0.5 pipsfrom 0.0 pips
Trading CommissionN/A$3.5 per standard lot traded
Minimum Trading Lots0.010.01
Maximum Trading Lots100100
Decimal Pricing55
Margin Call %80%80%
Stop Out %50%50%
EA (Automated Trading)AllowedAllowed
ScalpingAllowedAllowed
HedgingAllowedAllowed
News TimeAllowedAllowed
PAMM/MAMAvailableAvailable
Islamic (Swap Free)OptionalOptional
Interest on MarginNoneNone

Free 123 USD

30 USD for Free

5 USD for Free

25 USD for Free

300 USD for Free

100 USD for Free

Partner brands

Hercules