Regulatory record
| Date | Authority | Record | Amount | Status | Primary source |
|---|---|---|---|---|---|
| ASICAustralia's corporate and financial services regulator; Australia | Client remediation for self-reported leverage limit breaches | None | Historical | "23-298MR ASIC oversees more than $17.4 million in compensation to retail investors by OTC derivative issuers"Australian Securities and Investments Commission, fetched 9 October 2026 |
- Trustpilot notice, captured 2 October 2026: "Breach of guidelines: We’ve removed a number of fake reviews for this company"
Our verdict on Eightcap
Best for: Active crypto CFD traders who want a wide coin range and TradingView charting.
Not ideal for: Beginners looking for extensive educational content or copy trading features.
What we checked
- Australian retail CFD document: Eightcap Australian PDS (14 September 2026), checked 3 October 2026. Document
- Australian retail CFD document: Eightcap Australian markets page, checked 3 October 2026. Document
- Contracting entity: Eightcap Pty Ltd, from Trade 800+ Global CFD Markets | Eightcap, fetched 9 October 2026. Source
- Register lookup: ASIC Australian Financial Services Licensee Register (ASIC dataset on data.gov.au), 9 October 2026: listed, current. Entity: Eightcap Pty Ltd, AFSL 391441. Register
- Regulatory and reputation screen: 9 October 2026. Methodology
- Third-party ratings captured: 2 October 2026. Ratings
Not checked: opening an account, deposits, withdrawals, live orders and customer support.
Who checked this page: our research process, in which an AI language model works from the sources listed and automated checks compare figures with those sources. No named person has reviewed this page.
CFDs are leveraged products and most retail clients lose money. ASIC reported that 68% of retail CFD investors lost money in the 2024 financial year. ASIC media release 26-004MR
Affiliate link. We may receive payment when you click through to a partner site.
Pros
- Over 120 crypto CFDs
- TradingView or MetaTrader 4 and 5
- Major coins plus niche markets
Cons
- No crypto for UK traders
- Limited leverage in Europe and Australia
- Crypto not available on MT4 for all regions
Australian retail crypto CFD scope
Entries rely on provider declarations and document versions, except the register status row, which shows our register lookup.
| Field | Recorded value | Scope and limits | Primary source checked |
|---|---|---|---|
| Australian service entity | Eightcap Pty Ltd | ||
| Entity identifier | ABN 73 139 495 944 | ||
| Provider-declared AFS licence | 391441 | Provider declaration only. Independent current ASIC register status was not checked. | |
| Checked product | Cryptocurrency CFDs | Eightcap Australian markets page ↗Crypto CFDs market category | |
| Client classification | Australian retail CFD clients | ||
| Australian retail crypto CFD leverage | Up to 2:1 for retail cryptocurrency CFDs | ||
| Retail crypto margin reference | 50% in the published retail crypto margin table | ||
| Application and trading access | Provider qualification assessment before trading | Selected condition only. Individual eligibility is not established. | |
| Independent current register status | Register lookup: listed, current | Eightcap Pty Ltd, AFSL 391441 |
Australian service documents and versions
- Eightcap Australian PDS ↗Document: 14 September 2026
- Eightcap Australian markets page ↗
Overview of Eightcap
Eightcap was founded in Melbourne in 2009, originally as a forex and index CFD broker. ASIC, CySEC, and SCB licences cover its operations across Australia, Europe, and the Bahamas. Crypto came later, but the range now sits at 120+ instruments, all traded as CFDs without a wallet to manage.
Before trading, check the actual Eightcap entity your account sits with, the platform you plan to use (MT4, MT5 or TradingView), the contract costs for your instruments, and the withdrawal conditions that apply. Leverage caps differ by region, and pricing and conditions can vary by entity and account type, so confirm the details that apply to your account before you trade.
How popular is Eightcap in Australia?
Search interest shows how often Australians search for each brand. It measures attention, not quality.
- 2,060
- Brand searches, August 2026
- -35.8%
- vs July 2026
- 60
- Login searches
- 3.0%
- Share of all searches
Source: Google search volume, Australia, August 2026. How we measure it
Crypto Trading Fees
Eightcap offers two trading account types, Standard and Raw, but when it comes to crypto trading the spreads are identical on both account types and no commission fees, so the main trading cost is the spread itself.
Bitcoin and Ethereum spreads start around 12 and 4 USD respectively, and while smaller altcoins like Dogecoin and Cardano can have slightly wider spreads, they are still tradeable for short term trading strategies or portfolio diversification.
Overnight swap rates apply if you hold crypto positions beyond a trading day, and the charge depends on whether you're long or short and which asset you're trading.
If you aren't an active trader, you'll need to make sure you don't get hit with inactivity fees, which do not kick in until 12 months of no trading.
| Crypto Pair | Type | Minimum Spread (USD) |
|---|---|---|
| Major | 12.0 | |
| Major | 4.0 | |
| Major | 0.5 | |
| Major | 0.001 | |
| Altcoin | 0.002 | |
| Altcoin | 0.001 | |
| Meme Coin | 0.000001 | |
| Altcoin | 0.15 | |
| Altcoin | 0.12 | |
| Niche | 0.02 |
Spreads at Eightcap look wider than what you'd see on an exchange, but the comparison misleads. Trading CFDs means no maker-taker fees and no gas costs.
Account choice matters more if you also trade forex or indices. The Raw account has tighter spreads and a small commission. The Standard account is commission-free with wider spreads. Crypto pricing is identical across both, so the choice comes down to your other markets.
Crypto Markets
Eightcap lists around 120 tradeable cryptocurrencies as CFDs. The exact list of products and leverage limits depends on where your account is based, but global and Australian clients have access to the full selection, while European traders have a reduced list due to ESMA restrictions.
The range covers major pairs like BTC/USD, ETH/USD, LTC/USD, and XRP/USD, alongside a strong list of altcoins such as SOL, ADA, AVAX, DOGE, and LINK. Eightcap also lists more niche markets that aren't commonly found with other CFD brokers, including meme tokens like SHIB and PEPE, and trending project tokens such as ApeCoin, Blur, and Arbitrum.
MT5 and TradingView carry crypto across all supported regions. MT4 access is restricted to Eightcap Australia (ASIC) and Eightcap Global (SCB) accounts. Newer or more volatile coins, including PEPE, BONK, and ORDI, only show up on MT5 or TradingView.
Eightcap offers crypto CFDs across MT5 and TradingView. CFD instruments differ from exchange spot ownership: you trade a contract rather than holding the coin itself. Check which crypto products are available on your specific account and platform before trading.
Trading Platforms and Tools
Crypto traders get a choice between MetaTrader 4 (MT4), MetaTrader 5 (MT5), and TradingView, and for most global and Australian clients, crypto CFDs can be traded on all three platforms.
In Europe, crypto trading is available on MT5 and TradingView, while in the UK, crypto CFDs are not available to retail clients under FCA rules, though traders can still use TradingView for other markets.
MT4 still works well for algorithmic crypto trading with Expert Advisors. MT5 adds more order types, more charting tools and multi-asset support.
TradingView is the modern alternative. If you live in charts and rely on community scripts and indicators, it's the obvious choice. You can place trades from the chart itself and switch timeframes without juggling separate windows.
Two integrations are worth knowing about. Capitalise.ai lets you automate strategies using plain English commands. FlashTrader handles order sizing and risk with one-click execution. Both are useful if you're building or backtesting structured systems.
Scalping Bitcoin on MT5, charting altcoins on TradingView, or running automation through Capitalise.ai are all supported, regional restrictions permitting.
Safety and Availability
Eightcap holds licences with ASIC (Australian Securities and Investments Commission), CySEC (Cyprus Securities and Exchange Commission, Europe), and the SCB (Securities Commission of the Bahamas).
Crypto trading availability depends on where your account is based. UK clients can't trade crypto CFDs due to FCA restrictions, while European clients have tighter leverage limits under ESMA. Traders registered under Eightcap Australia or Eightcap Global get full access to the 120 crypto product range, with no trading restrictions beyond standard compliance checks.
While crypto trading is available 24/7 with Eightcap, it's important to note that the customer support team is only available 24/5, so if you run into issues on the weekends you won't have that support.
Client funds are kept in segregated bank accounts.
Negative balance protection is in place, so a sharp market move can't push your account below zero. This matters more for crypto CFDs than for other markets because crypto can gap fast.
What traders say about Eightcap
Trustpilot and app-store ratings are third-party snapshots captured on the date shown. They are not our assessment.
| Site | Profile | Rating | Count | Captured |
|---|---|---|---|---|
| Trustpilot | trustpilot.com/review/eightcap.comRating withheld, Notice shown | Withheld by Trustpilot | 3,907 reviews | October 2026 |
| TradingView | tradingview.com/broker/Eightcap53.2K traders listed | 4.4 of 5 | 7,907 ratings | October 2026 |
Trustpilot shows no rating for Eightcap. The profile reads: "This company’s rating is unavailable due to a breach of our guidelines".
Funding and Withdrawals
Minimum deposit is $100. You can fund via card, bank transfer, or e-wallet (Skrill, Neteller, PayPal, POLi).
Withdrawals go back to the original funding method. International bank transfers can drag if intermediary banks are involved.
Since you're trading CFDs and not coins, everything is fiat. No on-chain deposits, no wallet addresses to manage. Eightcap doesn't charge for deposits or withdrawals internally, though your card issuer or e-wallet provider might.
Eightcap's funding process is straightforward and consistent with what you'd expect from a regulated CFD broker. Funding options are varied, and the low entry deposit makes it accessible for most crypto traders.
Risk and Trading Rules
Leverage caps and trading rules depend on which Eightcap entity holds your account.
| Region | Regulator | Leverage |
|---|---|---|
| Global | SCB | 200:1 |
| Australia | ASIC | 2:1 |
| Europe | CySEC | 2:1 |
The Australian cap reflects the 2:1 limit for retail crypto CFDs under ASIC's CFD product intervention order. Higher leverage gives short-term traders more flexibility but also amplifies losses, particularly on altcoins that can move 20% in a session. ASIC and CySEC accounts get more investor protection, which some traders prefer when trading on margin.
All standard styles are allowed: scalping, hedging, and automated trading via Expert Advisors or Capitalise.ai. Bots and copy trading are fine as long as they follow the margin and execution rules. The only restriction is on latency arbitrage systems that exploit server delays, which is standard across CFD brokers.
The higher leverage available on global accounts gives traders more flexibility, especially for short term setups or when trading smaller altcoins. However, tighter leverage in tier-1 regions comes with the benefit of stricter regulation and added investor protection, which some traders prefer when trading volatile assets like crypto.
Final Thoughts on Eightcap
Eightcap offers over 120 crypto markets on MT4, MT5, and TradingView.
Check the total costs on your account, including any spread, commission, swap or conversion charges, and review the withdrawal conditions under the entity that holds your account. Client fund arrangements such as segregation and negative balance protection depend on the entity and jurisdiction, so confirm what applies to your account before depositing.
UK clients can't access crypto CFDs and leverage varies by region.
FAQs
How do I check Eightcap's licence and client protections?
It depends on the specific legal entity behind your account. You need to check the current licence held by that entity and the client protections that apply to you. A licence alone does not guarantee safety, so confirm the applicable protections directly before depositing.
What is the minimum deposit for Eightcap?
The minimum deposit at Eightcap is just $100, which makes it accessible for most crypto CFD traders. You can fund your account using cards, bank transfers, or e-wallets like Skrill, Neteller, PayPal, and POLi. Since Eightcap offers crypto CFDs instead of physical coins, all deposits are made in fiat currency with no blockchain transfers or gas fees.
Can I use Eightcap in the USA?
No, Eightcap is not available to traders in the USA due to local regulatory restrictions. The broker operates under ASIC, CySEC, and SCB oversight, but it's not registered with US financial regulators such as the CFTC or NFA, which prevents it from offering services to USA residents. American crypto traders will need to use a US regulated exchange instead.
CFDs are leveraged products and most retail clients lose money. ASIC reported that 68% of retail CFD investors lost money in the 2024 financial year. ASIC media release 26-004MR
Affiliate link. We may receive payment when you click through to a partner site.