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Eightcap

Bahamas Bahamas
Forex & CFDs ยท since 2009
3.8
/ 5 โ˜…
RegulationASIC, FCA, CySEC, SCB
Min. deposit$100
Leverage1:1 โ€“ 1:500
PlatformsMT4, MT5, TradingView, TradeLocker
InstrumentsForex & CFDs
Founded2009
๐Ÿ›๏ธ Which entity will open your account?
๐Ÿ“ Pick your country above and we'll tell you exactly which entity opens your account at Eightcap.
How is this decided and how do I verify it? โ†’

Regulation by region

The entity you sign with โ€” and your protection โ€” changes depending on where you live.

United Kingdom
FCA regulated with FSCSSTP
Eightcap Group Ltd (FRN 921296) โ€” FSCS up to ยฃ85,000
European Union
CySEC regulated with compensationSTP
Eightcap EU Ltd (246/14) โ€” ICF up to โ‚ฌ20,000
United States
Doesn't serve US clients
No NFA/CFTC registration
Australia
ASIC regulated, no compensation schemeMarket maker
Eightcap Pty Ltd (AFSL 391441) โ€” no compensation scheme
Rest of the world
Offshore (Bahamas/Seychelles/Mauritius)Market maker
Eightcap Global Ltd (SCB SIA-F220) โ€” no compensation

All licenses

Every regulator where the group holds a license, with its execution model. The entity that applies to you depends on your country (see above).

AustraliaASICRegulatedMarket makerAFSL 391441
United KingdomFCARegulatedSTPFRN 921296
CyprusCySECRegulatedSTP246/14
BahamasSCBOffshoreMarket makerSIA-F220
SeychellesFSAOffshoreSD100
MauritiusFSCOffshoreGB25204603

Account types

Standardentry-level, no commission, spread only (from ~1.0 pip)
Rawfrom 0.0 pip + commission $3.50/side ($7 round-turn)

Pros

โœ“Transparent operation
โœ“Good reputation
โœ“Competitive costs

Cons

โœ—Outside your region, offshore entity
โœ—Very high leverage (more risk)

Breakdown by axis

The total score (out of 100) is the sum of the 7 axes, with the same yardstick for everyone. Below each one, the rationale with its source.

Regulation: Tier-1 + offshore14/22 pts
Why: ASIC 391441 + FCA 921296 + CySEC 246/14 for those regions; rest of the world via Eightcap Global (Bahamas SCB SIA-F220) = offshore 1:500
Withdrawals / payments: Isolated complaints10/20 pts
Why: mostly clean; some reports of withdrawals rejected with little explanation; no clear systemic pattern
Fund safety: Segregated (no compensation)8/15 pts
Why: segregated + retail negative balance; UK FSCS / EU ICF; the Bahamas entity has no compensation
Transparency: Clear10/10 pts
Why: no fines or scandals; structural flag (offshore Bahamas + 1:500)
Reputation: Strong10/10 pts
Why: founded 2009; Trustpilot ~4.0, ~80k clients
Costs: Competitive8/8 pts
Why: Raw 0.0-0.1 pip + $7 round-turn; min $100

Sources

Don't take our word for it โ€” check it yourself. These are the official registries and legal pages we relied on.

๐Ÿ”— ASIC registration โ€” Eightcap Pty Ltd (AFSL 391441)๐Ÿ”— CySEC registration โ€” Eightcap EU Ltd (246/14)๐Ÿ”— Eightcap โ€” legal documents and disclosures

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