Eightcap review — Raw vs Standard costs, regulation entities, and what QuantKit will (and will not) claim

If you are comparing Eightcap before you sign up, you probably want the spreads and other costs, which legal entity might hold the account, what you can trade, how the broker talks about execution, and the practical bits — funding, leverage, support, and the demo. This page answers those from dated, sourced pages. It is not a ranking, and it is not a recommendation to open an account.

What this page is (and how QuantKit is paid)

The aim is comparability. Eightcap is not yet a row in the CFD broker cost ledger, and we will not invent a graded EUR/USD all-in until QuantKit accepts the inputs under its method. What follows uses pages fetched on 9 November 2026, Asia/Hong_Kong, and sits beside the six-broker study.

Eightcap’s FAQ says it was founded in Melbourne, Australia, in 2015. Peer reviews often say 2009 — a conflict, not a QuantKit audit.

Material connection

Eightcap is a first-wave IB/Partner on QuantKit from 9 November 2026, Asia/Hong_Kong (announced 6 November 2026; tracking code bta 44403). If you use a Referral link and later open an account, Eightcap may pay QuantKit an IB rebate under Partner portal terms.

This page does not invent a headline rebate percentage. Rates live on disclosure as an IB rebate per those portal terms. The Referral button sits after the method and grade discussion below, never as the hero.

What payment never buys

Payment does not buy a softer con, a higher grade, or a better rank. Cost arithmetic, grades, corrections, and table inclusion stay method-driven. No partner pays for editorial wording — the same rule as on disclosure.

Reliability — which entity holds the account

One licence does not cover every client. Protections, product access, and leverage depend on which entity holds your account. Eightcap’s FAQ says routing depends on factors including your country of residence.

ASIC, FCA, and CySEC (checked 9 November 2026)

Eightcap’s About page and homepage present the group as regulated in multiple jurisdictions including ASIC, FCA, and CySEC.

• Eightcap Pty Ltd — ASIC AFSL 391441. About lists ABN 73 139 495 944 and AFSL 391441. Public AFS-licensee mirrors that cite the ASIC / data.gov.au dataset describe the licence as Current, issued 29 April 2011. The live ASIC Connect CSV was blocked this run, so this is not a first-hand extract of that file.
• Eightcap Group Ltd — FCA FRN 921296. About states authorised status at FRN 921296. An official FCA clone-firm warning names that firm and number as the genuine authorised firm. A full Financial Services Register permissions page was not extracted — that is not a dump of every permission.
• Eightcap EU Ltd — CySEC CIF 246/14. The CySEC register confirms 246/14 (licence date 30 July 2014; approved domain www.eightcap.eu). The register address (157 Archiepiskopou Makariou III Ave, Office 301, 3030 Limassol) does not match About (Anexartisias 187, 1st floor, 3040 Limassol) or the eightcap.eu footer (Aiolou & Panagioti Diomidous 9). The licence number and legal name still match.

International / offshore entities

Footers on eightcap.com/en and account-options name:

• Eightcap Global Limited — SCB Bahamas, firm-stated SIA-F220. The SCB “SIA Firms as at 31 December 2025” PDF lists the company name; the SIA-F220 code was not printed on that PDF row.
• Eightcap International Ltd — Seychelles FSA, firm-stated SD100 (registration 8427413-1). A named third-party summary (Brokrpedia, 17 October 2026) reports the name on the FSA securities-dealers list; that list shows names, not numbers, so the digit string remains partly “broker says.”
• Eightcap International Trading — Mauritius FSC, firm-stated GB25204603 (registration 227050). The same summary reports the name on the FSC register as an SEC-2.1B Investment Dealer (Full Service Dealer excluding Underwriting) since 7 October 2025; it also notes the FSC register does not show licence numbers, so that digit string is partly “broker says” too.

Eightcap’s legal-documents page also names CLMarkets Limited (24750 IBC 2018) trading as Eightcap International in St Vincent and the Grenadines — a firm disclosure, not a deep licence check.

Do not assume EU-style retail protections apply on an SCB, FSA, FSC, or SVG entity. The site you land on can route you to a different entity than someone in another country.

Negative balance protection and client money

These rules are not uniform. The Eightcap Global Limited (Bahamas) Client Agreement dated 4 September 2025 describes negative balance protection as available at Eightcap’s sole discretion or where required by law, and says accounts may be aggregated to offset a negative balance. The same agreement says client funds sit in separately designated accounts unless used for hedging with liquidity providers.

Eightcap’s FAQ implies Australian retail negative balance protection by stating that wholesale clients lose it (along with other retail settings). That is implication from the wholesale contrast, not a reprinted PDS clause. On the Eightcap EU Pro page, negative balance protection for elective professionals is discretionary; that page mentions an Investor Compensation Fund for retail clients. An Eightcap-specific FSCS explainer for the UK entity was source missing — this page does not invent FSCS wording.

Geo and eligibility

QuantKit does not decide who can open an account, and does not promise that you can. Eligibility and onboarding are Eightcap’s — check its own flow and the notes on disclosure. This page is not legal advice.

Eightcap’s homepage says CFD trading is not available to US residents. A Referral button here is not permission to open an account.

Spreads and other costs

Eightcap’s account-options page splits Standard and Raw. Figures below are broker-published floors and a commission schedule, not QuantKit-measured averages.

Official Standard copy: spreads from 1.0 pips, no FX commission (share CFDs may still include commission). Official Raw copy: spreads from 0.0 pips, plus $3.50 per standard lot per side in AUD, USD, NZD, SGD, or CAD; GBP 2.25 or EUR 2.75 each side. Both “from” figures are floors, not averages.

The EUR/USD page lists Raw round-turn commission as $7 USD (also $7 AUD, $7 CAD, $7 NZD; 5.5 EUR; 4.5 GBP) — matching $3.50 × 2. For a USD Raw account we can cite $7 round turn.

A single global share-CFD commission schedule is source missing. The FAQ notes that share CFDs may carry commission; one fetched symbol page is not treated as a house-wide rate.

Other published fees:

• Minimum deposit: $100 (or account-currency equivalent), re-confirmed on account-options and the FAQ. A minimum is required before you can trade.
• Inactivity: 10 units of your account currency per month after 12 months without trading (FAQ).
• Swaps: charged overnight. The FAQ says Forex triples on Wednesday; stocks, indices, and commodities triple on Friday; MetaTrader 4 triples on Friday. That is the policy, not numeric swap rates (source missing as a rate table).
• Internal deposit and withdrawal fees: none, per Eightcap; providers may still charge, and conversion can apply if you deposit outside your base currency.

All-in cost under QuantKit’s method

QuantKit does not treat “spreads from 0.0 pips” as a cost figure. The method on quantkit.co/methodology/ is:

All-in per lot = average spread (pips) × $10 + round-turn commission

That is for EUR/USD, one standard lot (100,000 units), round turn — one pip is worth $10. It leaves out swaps, slippage, requotes, deposit and withdrawal fees, and currency conversion. Grade B needs a broker-published input and a dated archive; grade C needs a named, dated third-party test that QuantKit accepts. Without an accepted input, QuantKit withholds the number.

If an accepted average later exists, all-in is that average × $10, plus $7 round-turn commission on a USD Raw account. A floor of 0.0 pips plus $7 is not an all-in figure.

The cost ledger (v1.0, 15 October 2026) covers Fusion Markets, IC Markets, Pepperstone, FP Markets, Tickmill, and RoboForex only — Eightcap is not a row. The six-broker study uses the same formula.

What you can trade

Eightcap names forex, indices, commodities, share CFDs, and crypto CFDs. The FAQ says available markets can depend on account type and region.

Official pages still disagree on the headline count: the homepage and some Standard copy say 850+ instruments; the account-options compare table and the trade hub say 800+. Both strings were live on 9 November 2026. This page does not pick a winner or invent a per-class breakdown (official forex / indices / commodities / shares / crypto integers are source missing).

Execution

Eightcap’s compare-costs page publishes execution “as fast as ≈48 ms,” footnoted as “According to Daytrading.com analysis.” That is Eightcap’s broker claim citing a named third party, not a QuantKit measurement. Daytrading.com’s method and dated test for 48 ms were source missing this run.

QuantKit has not measured fill speed or slippage (source missing). Unnamed review-blog millisecond figures are not used here.

Platforms and perks

Eightcap lists MetaTrader 4, MetaTrader 5, TradingView, and TradeLocker. TradeLocker can depend on region and entity.

TradingView with Eightcap connects through TradingView’s Trading Panel. You choose Standard or Raw when opening a new TradingView account, subject to your entity and the options shown at registration. Demo accounts work on the integration. A paid TradingView plan is not required to place trades.

Eightcap also publishes educational resources, a Knowledge Hub / Labs, and an Acuity Economic Calendar (existence confirmed; depth not audited).

Islamic / swap-free accounts are offered, with an administration charge instead of swap, per the FAQ. The fee schedule is source missing as a published table.

A VPS product page was source missing. Proprietary copy / social trading was also source missing (peer reviews disagree; this page does not invent an offer). No dated promotion with a clear end date was captured, so none is listed.

Funding, leverage, support, and the demo

Funding

The deposit and withdrawal pages say Eightcap charges no internal deposit or withdrawal fees, does not accept third-party payments, and asks you to deposit in your base currency. Deposits are described as available 24/7, with many methods Instant. A complete named list of payment methods was not fully extracted and availability varies by jurisdiction, so this page does not invent that list.

Withdrawals go through a finance review of 1–2 business days, then typically 1–5 business days by method, returning to the original source. Extra identity documents may be requested.

Base currencies on account-options: AUD, CAD, EUR, GBP, NZD, SGD, and USD.

Leverage

There is no single global maximum. The FAQ says leverage depends on entity, retail versus professional status, and the instrument.

The international EUR/USD page states: “Eightcap Global Limited (SYC regulated): Leverage up to 1:500.” About lists Global Limited under the SCB and International Ltd under the SYC. This page does not paper over that label conflict. Treat 1:500 as the figure printed on that instrument page, not as a verified worldwide cap.

The EU Pro page publishes a professional-only table: Forex 1:400; gold 1:200; commodities 1:100; indices 1:100 or 1:200; shares 1:5; crypto 1:20. An Australian retail leverage table from an Eightcap PDS is source missing. This page does not invent a 1:30 (or any other) figure as an Eightcap PDS cite.

Support

Eightcap describes support as 24/5, with live chat and email ([email protected] / [email protected]). The FAQ lists multilingual coverage including English, Spanish, French, German, Italian, Chinese, Vietnamese, Thai, Bulgarian, and Portuguese.

Demo and margin

A demo normally lasts 30 days. The FAQ also says a MetaTrader 4 demo lasts 30 days and a MetaTrader 5 demo lasts 35 days of inactivity. International account-options list a margin call at 80% and stop-out at 50%, and a maximum of five trading accounts per entity type. Account types there are Standard and Raw (plus TradingView-linked accounts).

Honest limits, and how this sits next to brokers already on QuantKit

• Entity routing matters. Ask which entity will hold the account before you deposit — including the St Vincent name on the legal-documents page.
• Protections are not the same everywhere. The Bahamas agreement makes negative balance protection discretionary or “where required by law,” and allows client money to be used for liquidity-provider hedging. Eightcap-specific FSCS wording is source missing.
• On-page conflicts. Instrument counts (800+ vs 850+), founding year (FAQ 2015 vs peer 2009), the CySEC register address versus About / .eu strings, and “Global Limited (SYC regulated)” versus About’s SCB / SYC split.
• US residents. CFD trading is not available to US residents, per the homepage.
• Execution and all-in. The ≈48 ms figure is Eightcap’s claim citing Daytrading.com. QuantKit has not measured fill speed or slippage. Graded EUR/USD all-in stays Pending.
• Perks with gaps. Knowledge Hub / calendar existence is confirmed; depth is not audited. VPS, proprietary copy trading, dated promotions, per-class instrument counts, and a universal share-CFD commission schedule are source missing.
• No award-led copy. We will not invent typical profits, or claim a Referral improves your trading costs unless Eightcap documents that itself.

Orientation only — not a ranked shortlist. Ledger figures below are from v1.0 (15 October 2026). No Tickmill, RoboForex, or other partner Referral buttons here — only links to the study and ledger.

On Eightcap vs IC Markets: IC Markets already has graded EUR/USD all-ins ($7.00 cTrader / $8.00 MT5, grade B); Eightcap does not. Eightcap’s pages put TradingView beside MT4 and MT5; IC Markets’ study row emphasises cTrader. That is not a verdict. TradeLocker at Eightcap is region-dependent (*).

Open an account (secondary Referral)

If you have read the method, the missing average, and the entity caveats above and still want Eightcap’s signup, here is the disclosed path. QuantKit may earn an IB rebate if you open via this link; you pay the same public price unless Eightcap’s own terms say otherwise. No headline rebate rate here — see disclosure (IB rebate per Eightcap Partner portal terms).

QuantKit does not promise you can open an account. Eligibility is Eightcap’s. Check its onboarding flow and disclosure before you act.

Open account Referral

Plain official site (unmarked reference URL, not a Referral): https://www.eightcap.com/en/

FAQ

What is this page about?

A method-first Eightcap review for traders comparing the firm before signup. Missing averages are labelled, not invented. Referral rates are on disclosure, not as a headline percentage here.

Is Eightcap regulated, and can I open an account?

Eightcap uses multiple legal entities. November 2026 checks confirmed CySEC CIF 246/14, named FCA FRN 921296 as the genuine authorised firm on an official FCA warning page, and supported ASIC AFSL 391441 via About copy plus public licence mirrors. International footers also name offshore regulators. Protections depend on which entity holds the account. QuantKit does not decide who can open an account. Eligibility is Eightcap’s — see its flow and disclosure. This page is not legal advice. CFDs are not available to US residents per Eightcap’s homepage.

How does QuantKit get paid on Eightcap links?

From 9 November 2026, Eightcap is a disclosed IB/Partner (bta 44403). A Referral link with rel="sponsored" may earn QuantKit an IB rebate under Partner portal terms. No headline rebate percentage here. Full rules: disclosure.

What is the difference between Standard and Raw?

Standard: FX spreads from 1.0 pips, no FX commission (share CFDs may still include commission). Raw: spreads from 0.0 pips plus $3.50 per lot per side on AUD/USD/NZD/SGD/CAD accounts, or $7 round turn on a USD account.

What does one EUR/USD lot cost under QuantKit’s formula?

Raw round-turn commission is $7 on a USD account. The average needed for a graded all-in is source missing / Pending. A named October 2026 third-party Raw measure of 0.10 pips exists; QuantKit has not adopted it as grade C and has not computed an all-in from it.

Does Eightcap offer TradingView?

Yes, via TradingView’s Trading Panel. Raw availability depends on entity and the options shown at signup.

How fast does Eightcap execute?

Eightcap publishes ≈48 ms citing Daytrading.com. That is a broker claim, not a QuantKit measurement.

What leverage does Eightcap offer?

There is no single global maximum. The international EUR/USD page prints up to 1:500 next to “Eightcap Global Limited (SYC regulated),” which conflicts with About’s SCB / SYC labelling. The EU Pro table is professional-only. An Australian retail PDS leverage table is source missing.

Is Eightcap already in QuantKit’s six-broker study?

No. Ledger v1.0 (15 October 2026) covers Fusion Markets, IC Markets, Pepperstone, FP Markets, Tickmill, and RoboForex only.

Related QuantKit reading

• Disclosure · Methodology · Cost ledger · Six-broker study
• Brokers hub · Corrections · About · Articles · Terms · Privacy

Nothing on this page is financial, investment, legal, or tax advice, or an offer to trade. CFD trading carries a high risk of loss. Check whether a firm may serve you where you live before you act.