| Instrument | Standard | Raw |
|---|---|---|
| Forex | $2.5 | $1.5 |
| Metals | $2 | $2 |
| Energy | $0.375 | $0.375 |
| Indices | $0.1 | $0.1 |
| Cryptos | No Cashback | No Cashback |
Eightcap is an Australian broker headquartered in Melbourne and founded in 2009. We have a clear mission: to provide exceptional financial services to our clients. This fundamental principle remains at the core of everything we do at Eightcap and is pivotal to our success. We have been recognised globally as Broker of the Year 2023 at the Global Forex Awards for delivering the best services, platforms, tools, educational material and instruments to our traders.
Other awards for our services include; Most Innovative Affiliate Program – Global Business Review, Best Crypto Broker – AtoZ Markets and Annual Review Award – International Business Magazine.
PAID4X pays cashback for every new account opened with Eightcap via the registration links on paid4x.com, on all included instruments (as per the cashback table above).
Eightcap allows multiple trading styles & techniques, including, scalping, hedging & EA, without restrictions.
However, as with all brokers, Eightcap reserves the right to withhold cashback payments for clients engaging in abusive or fraudulent behavior, but this is a very rare occurrence.
Such (& other decisions) are taken to protect the integrity of the market, comply with regulations, and ensure a fair and secure trading environment for all clients. The specific violations which can lead to the withholding of cashback, or other procedures (including closing of the account), are usually detailed in the broker's terms of service.
| Broker Name | Eightcap Global Limited |
| Broker type | NDD |
| Year Established | 2009 |
| HQ Address | Melbourne, Australia |
| International offices | Australia, UK, Cyprus, UAE, Bulgaria, Guatemala |
| License/Regulation | ASIC - AFSL 391441 |
| IB Transfer | - |
| Account Types | Standard, Raw |
| Account Currency | USD, EUR, GBP, AUD, NZD, CAD, SGD |
| Minimum Lot Size | 0.01 Lot |
| Maximum Lot Size | Up to 100 lots (depends on the instrument) |
| Platforms | MT4, MT5, TradingView |
| Sub Accounts | 5 Accounts |
| Demo Period | 30 Days |
| EA | Allowed |
| Trailing Stop | Available (Both on MT4 & MT5) |
| Hedging | Allowed |
| Copy Trading | - |
| Negative Balance Protection | Yes |
| Swap Free | Not by default, consult with designated account manager |
| Negative Balance Protection | Yes |
| Swap Free | Not by default, consult with designated account manager |
| MAM/PAMM | Available |
| Additional Features | - |
| Payment Methods | Credit & debit card, PayPal, Wire transfer, Skrill, Neteller, Crypto (USDT & BTC) |
| Minimum Deposit | 100$ |
| Bonus | No |
| Segregated Accounts | Yes |
| Lowest Leverage | 1:30 |
| Highest Leverage | 1:500 FX and Gold, 1:200 Indices |
| Margin call level | 80% |
| Stop out level | 30% |
| Instrument | Cost | Standard | Raw |
|---|---|---|---|
| Forex |
Spread Commission |
From 1.0 Pip Zero |
From 0.0 Pip 7 USD & Others / 5.5 EUR / 4.5 GBP |
| Metals |
Spread Commission |
From $0.12 Zero |
From $0.12 Zero |
| Energy |
Spread Commission |
From $0.03 Zero |
From $0.03 Zero |
| Indices |
Spread Commission |
Varies depending on the instrument Zero |
Varies depending on the instrument Zero |
| Stocks |
Spread Commission |
Direct Market Access Pricing Model $4 |
Direct Market Access Pricing Model $4 |
| Cryptos |
Spread Commission |
Varies depending on the instrument Zero |
Varies depending on the instrument Zero |
| Support Channels | Live chat, email, phone |
| Hours | 24/5 |
| Languages | All languages are supported via live chat |