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.
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.