About Eightcap.com
Eightcap.com were founded in Melbourne, Australia in 2009 with a simple, clear mission: to provide exceptional financial services to the clients. This fundamental principle remains at the core of everything we do at Eightcap and we believe staying true to it is pivotal to the success. Now with 5 offices across the globe and regulation in multiple locations, they provide clients all over the world with the ability to trade on a broad range of markets across FX, Indices, Commodities and Shares. Eightcap has rapidly grown and has offices worldwide with a large multilingual client support team based in the UK, Bulgaria, China and Thailand, amongst others.
Basic Information
| Forex Broker Name | Eightcap.com |
| Listed Date | 31/08/2021 |
| Regulators | ASIC, VFSC |
| Langugae | English |
| Trading Platform | MetaTrader 4, |
| Spread | From 0.0 pips |
| Min Trade | 0.01 lots |
| Payment Accept | Credit Card, Neteller, POLi, Skrill, UnionPay, Visa |
| Min Deposit | £/€/$100 |
| Official Site | Homepage |
How To Start With The Eightcap.com Forex
To Start Trading With Eightcap.com Forex Indian Residents First Have To Sign Up For An Account By Following The Steps Below.
Step 1. Click On The “Login/Signup” Link On The Top Right Hand Corner Of The Eightcap.com Trading Forex Website.
Step 2. In The Form, Fill In Your First Name, Last Name, Mobile Number, Email ID And Password.
Step 3. If You Have A Referral Code, Enter The Code While Creating Your Account.
Step 4. Submit The Form And Wait For An Activation Email To Be Sent To You.
Step 5. Click On The “Confirm Email” Link In The Activation Email.
Step 6. After Your Account Is Activated, You’ll Be Sent A 6 Digit One Time Password (OTP), Which You Have To Enter After Logging Into Your Eightcap.com Forex Account.
Choose your account type
They offer two account types to choose from. Simply select your preferred account type in the application form.
MetaTrader 4
Eightcap.com award-winning MT4 platform facilitates online trading in forex, indices, and commodities. With its advanced interface, automated trading capabilities, and comprehensive charting package, it’s an excellent all-round platform.
Features include:
- 9 time-frames, 30 built-in indicators, 24 graphical objects
- Free-of-charge trading robot and access to Expert Advisors
- 4 types of pending orders, 3 order execution types
- Real-time quotes in Market Watch
- One-click trading
- Historical data
MetaTrader 5
MT5 is an advanced platform offering trading in forex, indices, shares, commodities, and cryptocurrencies. Users benefit from:
- 21 time-frames, 38 technical indicators, 44 graphical objects
- Free-of-charge trading robot and access to Expert Advisors
- 6 types of pending orders, 4 order execution types
- One-click trading and Advanced Market Depth
- Financial news and economic calendar
- Real-time quotes in Market Watch
- Netting and hedging
- Community chat
- Historical data
Deposits
Eightcap offers several fast payment options in 7 base currencies, all transacted through the Client Portal:
- Bank Wire – 1 – 3 business days. Check fees with bank
- Credit/debit card – Instant deposit. No fee
- China UnionPay – Instant deposit. No fee
- Skrill – 1 – 2 business days. No fee
- Neteller – Instant deposit. No fee
- BPAY – 1- 2 business days. No fee
- Poli – Instant deposit. No fee
Spreads & Commissions
Spreads are variable, starting at 0 pip for major forex pairs (Raw Account) and 0.5 on major indices, such as the SPX500.
Spreads for gold and silver start at 1.0 pips and 0.5 pips, respectively, whilst oil spreads are around 1.0 pip.
Please bear in mind that cryptocurrencies are very volatile instruments, sometimes the spread on BTC is 20 pips, or even less. Recently it reached 30 pips.
During trade hours with extremely high volatility the spreads tend to get higher or during less liquid day periods (as the roll over to the new day). Commissions are charged at $3.50 per standard lot on the Raw account and swap rates will apply for overnight forex trades.
Leverage
Maximum leverage at Eightcap Forex Pty Ltd is 1:30. Maximum leverage for clients trading with Eightcap Global Ltd is 1:500.
Details of the margin call process can be found on the broker’s website.
Mobile App
Eightcap offers a mobile app for both the MT4 and MT5 platforms, which are available for iOS and Android devices. The app offers all the same features as the desktop platform, with the added benefit of 24/7 access from anywhere. Once you have your MT4 or MT5 login credentials, simply head to your App Store or Play Store to download the app.
Meet the team
Eightcap.com is led by a team made up of highly-qualified experts in the industry, with a deep understanding of what traders, both retail and institutional, really need to reach their trading potential. The staff all share the same passion for trading and are dedicated to providing the highest-level quality service to our clients, regardless of their individual needs and experience levels.
Client support
Eightcap.com support a wide range of languages including English, Chinese, Thai, Korean, French, Spanish, Italian, and German. Eightcap has a BrokerNotes A support rating because Eightcap offer over three languages and email support.live chat support.phone support.
