Eightcap

4.5/ 5

Eightcap is an Australian broker founded in 2009 and regulated by ASIC and the SCB of the Bahamas. Known for its competitive Raw account pricing, TradingView integration, and a growing suite of algorithmic trading tools via Capitalise.ai, Eightcap is popular among systematic traders and those seeking tight spreads with reliable execution.

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Min. Deposit

$100

Spread From

0.0 pips

Regulation

ASIC, SCB

Full Review

Overview

Eightcap was founded in 2009 in Melbourne and is regulated by ASIC and the SCB of the Bahamas. The broker has grown significantly through its integration with TradingView and Capitalise.ai for no-code algorithmic trading, making it particularly popular among tech-savvy traders. Eightcap offers a Raw account with competitive ECN pricing and a growing suite of tools for systematic traders, with MT4, MT5, and TradingView as its primary platforms.

Pros

TradingView integration: Full TradingView access with direct order execution from charts
Capitalise.ai integration: No-code algorithmic trading available for all account types
Competitive Raw account: EUR/USD from 0.0 pips with $3.50/side commission
ASIC regulated: Australian regulatory oversight with client fund segregation
Growing platform ecosystem: Continued investment in platform technology and tools

Cons

$100 minimum deposit: Higher than zero-minimum competitors
Limited instrument range: Around 800 instruments — narrower than IC Markets or FP Markets
Education could be deeper: Educational content is present but not class-leading
SCB secondary licence: Bahamas regulation provides less protection than ASIC
No copy trading: Copy or social trading is not offered

Spreads & Fees

Account Type	EUR/USD Spread	Commission	All-In Cost
Standard	Avg 1.00 pips	None	~1.00 pips
Raw	From 0.0 pips	$3.50/side	~0.72 pips

Overnight (Swap) Fees: Standard market rates; Islamic accounts available. Withdrawal Fees: Free for most methods. Inactivity Fee: None.

User Reviews8

Jake T.

5/5

Eightcap's TradingView integration is the best I've used. Full access to TradingView's charting with direct order entry and live P&L. The Raw account pricing is also very competitive.

Anna M.

4/5

Good ASIC broker with competitive pricing. The Capitalise.ai integration for automated strategies is unique and I've used it to automate some of my trading without writing code.

Derek F.

3/5

Good broker but the instrument range is limited. I trade FX and indices primarily and Eightcap covers those well, but for broader market access I use a second broker.

Sophie R.

5/5

The combination of TradingView charts and ASIC regulation is exactly what I was looking for. Eightcap delivers both. Execution is fast and the Raw account is genuinely competitive.

Oliver H.

4/5

Solid broker with modern platform integrations. The no-code algo trading via Capitalise.ai is genuinely useful. I've built a simple strategy without any programming knowledge.

Rachel B.

2/5

No copy trading and a limited instrument range. For a multi-asset trader it's too narrow. Also the $100 minimum is higher than I'd like for a broker of this size.

Paul C.

5/5

Been with Eightcap for 2 years. ASIC regulated, fast withdrawals, and the Raw account provides excellent value. The platform technology integration puts them ahead of older brokers.

Emily N.

3/5

Average broker but the TradingView integration is a genuine plus. Education content could be better. Would be excellent if they added copy trading and more instruments.

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