An ASIC- and FCA-regulated broker built around native TradingView trading, with a clean two-account structure, though its $100 minimum and the lack of crypto CFDs for UK clients narrow its appeal.
Eightcap occupies a distinctive position: a genuinely Tier-1 multi-regulated broker (ASIC, FCA, CySEC, SCB) that's the only dedicated specialist TradingView broker in the UK. Founded in 2009 in Melbourne, Australia, Eightcap has built its 16+ year track record by combining strict regulatory oversight with execution-focused trading conditions and native TradingView integration — a rare feature that lets traders place orders directly from TradingView charts without leaving the platform. The account structure is unusually clean: just Standard and Raw accounts, both with $100 minimum deposit.
The Raw account offers spreads from 0.0 pips on EUR/USD with $3.50 commission per side per lot ($7 round-turn) — broadly competitive with the leading ECN brokers and notably tighter on average than ThinkMarkets's equivalent. Platforms cover MT4, MT5, and TradingView (native), with TradeLocker available on the non-Tier-1 entities for traders who want that platform. Eightcap's strongest fit is traders who specifically want TradingView execution alongside Tier-1 regulation — a combination very few brokers offer.
Active forex scalpers, equity-focused traders wanting access to 1,500+ stock CFDs, and copy traders all find competitive offerings here. Beginners deterred by the $100 minimum or traders wanting a wider account-type selection may prefer competitors with no-minimum entry.
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Where Eightcap is strong, and where it is not.
In-depth analysis across regulation, costs, platforms, accounts, funding, and support.
Eightcap operates one of the more genuinely Tier-1 regulated structures in retail forex. The Australian parent entity Eightcap Pty Ltd holds an ASIC licence (AFSL 391441) since 2009, with mandatory client fund segregation and adherence to ASIC's strict conduct rules. The UK entity Eightcap Group Ltd holds FCA authorisation (firm reference 921296) since 2018, providing UK retail clients with FSCS investor compensation up to £85,000. The EU entity Eightcap EU Ltd operates under CySEC (246/14) since 2015 with ICF coverage to €20,000.
The offshore Bahamas entity Eightcap Global Limited holds SCB authorisation (SIA-F220) primarily to serve clients who want higher leverage (up to 1:500) than ASIC/FCA regulations allow. The Seychelles FSA and Mauritius FSC entities provide additional offshore options. The UAE SCA approval extends Eightcap's regional reach. Importantly, the entity assigned depends on your country of residence — UK, Australian, and EU residents land on the genuinely Tier-1 entities by default.
Eightcap has maintained a clean regulatory record since 2009 — 16+ years of continuous ASIC regulation with no major infringements. Client funds are held in segregated accounts at top-tier banks across all entities. Negative balance protection applies to retail clients globally. For UK and EU traders specifically, Eightcap offers a rare combination: native TradingView execution with FCA-tier statutory regulatory protection, a pairing that very few competitors match.
Eightcap operates under 4 regulatory licences:
Eightcap has operated since 2009 (17+ years). Editorial assessment: high-confidence on regulatory standing.
Eightcap offers two main account types, both with $100 minimum deposit. The Standard account uses commission-free spread-only pricing with floating spreads from approximately 1.0 pips on EUR/USD during liquid hours — competitive within the spread-only category. The Raw account is the active-trader option: spreads from 0.0 pips on EUR/USD with $3.50 commission per side per lot ($7 round-turn). The Raw account's combined effective cost is broadly competitive with IC Markets and Pepperstone Razor, particularly during peak liquidity hours when raw spreads are tightest.
There are no deposit fees, no withdrawal fees on most methods (some bank transfers may incur fees from the intermediary bank), and no inactivity fees — a transparent fee structure that's better than many peers. Swap rates apply to overnight positions and are published daily; Islamic swap-free accounts are available on request. The cost structure is straightforward and there are no hidden charges that surprise traders later.
Eightcap cost structure depends on which account type you choose. The trade-off is generally between spread-only pricing (simpler, slightly higher implicit cost) and raw-spread plus commission (cheaper at higher volumes, requires per-trade math).
Raw spreads from market liquidity providers (typically 0.0-0.3 pips on EUR/USD) plus a per-side commission. Becomes more cost-effective above moderate monthly volume. Specific commission rates published on the broker site.
Spread-only pricing with no commission. EUR/USD spreads typically average 0.8-1.5 pips during liquid sessions. Simpler for casual or lower-volume traders.
Overnight swap rates apply to positions held past daily rollover, based on currency-pair interest rate differentials.
Most reputable brokers don't charge deposit fees, withdrawal fees, or inactivity fees on active accounts. Check the funding terms for your specific entity at Eightcap.
Eightcap's platform offering is the standout differentiator: native TradingView integration that lets traders place orders directly from TradingView charts without switching applications. This is genuinely rare — most brokers either don't support TradingView or offer it only as a read-only charting source. Eightcap's UK entity is specifically positioned as the only dedicated specialist TradingView broker in the UK market. Full charting, social features, and TradingView's industry-leading technical analysis tools work seamlessly with Eightcap's execution.
MT4 and MT5 are also fully supported with Expert Advisor compatibility and Eightcap-branded builds. TradeLocker is available on the non-Tier-1 entities (typically the SCB Bahamas entity) for traders who want that platform — though it's not available through the FCA, ASIC, or CySEC entities. The mobile experience is strong across MT4, MT5, and TradingView mobile apps. No cTrader support, no proprietary platform — the focus is on supporting industry-standard platforms exceptionally well rather than building bespoke alternatives.
Eightcap supports 4 platforms — choice affects available order types and execution model.
The industry standard for forex retail. Full EA support, custom indicators, automated trading. Mature ecosystem of community-built tools.
Newer MetaQuotes platform with additional asset classes, more timeframes, and improved backtesting. Recommended for newer accounts unless you have legacy MT4 EAs.
Web-based charting now integrated for live trading. Particularly popular for traders who already use TradingView for analysis.
Eightcap offers 5 live account types, all with a $100 minimum where applicable:
Demo accounts are available free of charge, typically with virtual balance and the option to reset on request. Useful for testing strategies before committing capital.
E-wallet deposits are typically instant; card payments take 1-2 hours; bank wires 1-3 business days.
Withdrawals are typically processed within 1 business day. Arrival times depend on method: e-wallets same day, cards 3-5 days, wire 1-3 days.
The same-method rule typically applies — withdrawals must go to the same source as deposits where possible. This is standard AML compliance, not broker-specific.
Eightcap provides live chat, email, and phone support. Response times are typical for the industry: chat within a few minutes, email 12-24 hours, phone during regional business hours.
Coverage is reasonable but not exceptional — sufficient for routine queries, may require persistence for complex issues.
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