Eightcap Trading Signals - TU Expert review
Trading signals are one of the best trading options for beginners and for earning passive income. Novice traders can use such signals and earn a profit, while still learning. Brokers can offer various ways of receiving signals. Traders Union analysts have prepared a detailed analysis of Eightcap trading signals. You will learn what kinds of trading signals Eightcap offers and what the conditions for using them are.
Eightcap Trading Signals
We have compiled a comparison of all types of Forex signals offered by Eightcap alongside its top two competitors, based on the Traders Union rating. The analysis includes features such as Copy Trading, Trading Central, automated alerts, and other tools like Autochartist and TradingView integration. This comparison showcases the range, accuracy, and accessibility of signals available, helping traders identify the best provider for their needs.
Eightcap Trading Signals Review
| Eightcap | XM Group | RoboForex | |
|---|---|---|---|
|
Copy trading |
No |
Yes |
Yes |
|
Trading Central |
No |
Yes |
Yes |
|
Signals (alerts) |
No |
Yes |
No |
|
TradingView |
Yes |
No |
No |
|
Autochartist |
No |
No |
Yes |
|
Trading bots (EAs) |
Yes |
Yes |
Yes |
|
Expert Analytics |
Yes |
Yes |
Yes |
|
Open an account |
Open an account | Open an account | Open an account |
What are trading signals?
Trading signals are signals to enter a trade, which the broker provides to traders. They can be based both on fundamental and technical analysis.
A broker can provide signals in several ways:
-
Copy Trading Signals
Copy trading signals allow traders to automatically replicate the trades of successful investors. By following experienced traders, beginners can gain exposure to professional strategies, while advanced traders can diversify their portfolios. -
Trading Central Signals
Generated by the Trading Central platform, these signals provide technical analysis and actionable insights based on market trends, patterns, and key levels. They cater to traders seeking a professional edge in decision-making. -
Signals (Alerts)
Forex Alerts are direct notifications sent to traders about potential trading opportunities. These signals can be based on technical indicators, fundamental analysis, or market movements, helping traders act quickly on profitable setups. -
TradingView Signals
These signals are derived from indicators and tools available on the TradingView platform. Brokers integrated with TradingView offer users access to custom alerts and community-driven insights, making it ideal for chart enthusiasts. -
Autochartist Signals
Autochartist generates automated signals by identifying chart patterns, Fibonacci levels, and key price movements. It’s a valuable tool for traders looking for technical setups without manual charting. -
Trading Bots (Expert Advisors)
Trading bots or EAs are automated systems that execute trades based on pre-programmed strategies. They allow traders to capitalize on opportunities without continuous monitoring of the markets.
When choosing signals, it is important to take into consideration their profitability, the list of trading instruments, the conditions of their provision – fees, markup, etc.
Short introduction of Eightcap
Eightcap is a leading Forex and CFD broker, offering over 800 trading instruments, including currency pairs, cryptocurrencies (not available with the FCA entity), indices, stocks, and commodities. With tight spreads starting from 0 pips, leverage up to 1:500, and no withdrawal fees, Eightcap provides a competitive trading environment. The broker is regulated by top-tier authorities such as ASIC and FCA, ensuring a secure trading experience.
Comprehensive educational resources, advanced analytics, and innovative functionality such as code-free automated trading and enhanced order execution with FlashTrader distinguish the platform from others.
Though Eightcap does not offer passive income opportunities or joint accounts, it is a popular choice for those seeking a reliable and feature-rich broker. Eightcap offers MetaTrader4 and MetaTrader5 integrated with Flash Trader. In addition, traders can use Acuity's AI-powered economic calendar.
Eightcap’s UK Entity:
Eightcap is an FCA authorised and regulated broker that offers CFD trading on over 600 markets across forex, indices, commodities, and shares. Eightcap’s UK entity is the only dedicated, specialist TradingView broker in the UK, providing a tailored product experience to get the most out of trading via TradingView.
| 💰 Account currency: | AUD, USD, GBP, EUR, NZD, CAD, and SGD |
| 🚀 Minimum deposit: | 100 USD |
| ⚖️ Leverage: | Up to 1:500 |
| 💱 Spread: | Floating, from 0-1 pips subject to the account type |
| 🔧 Instruments: | CFDs on currency pairs, cryptocurrencies, indices, stocks, commodities, and precious metals |
| 💹 Margin Call / Stop Out: | 80%/50% |
Eightcap Pros and Cons
👍 Advantages of trading with Eightcap:
•The broker is registered in the Bahamas and Seychelles, and is regulated by the Securities Commission of the Bahamas (SCB, SIA-F220), ASIC (391441), FCA (921296), CySEC (246/14). Also, it partners with many proprietary firms;
•Negative balance protection;
•Traders need to deposit only $100 to open a live account, and the broker imposes few trading limits on its clients;
•Hundreds of the most popular CFDs are available, and the pool is constantly expanding;
•Eightcap provides one of the most profitable trading costs with really tight spreads;
•Almost all options for depositing/withdrawing funds are available and the broker does not charge a withdrawal fee;
•The broker’s clients can work through any of the three top trading platforms, including mobile versions of the MetaTrader solutions;
•The company provides high-quality training, extensive analytics, and its own developments for automated trading.
👎 Disadvantages of Eightcap:
•No joint accounts, copy trading, or other options for passive income.
Conclusion
Analysis of trading signals provided by Eightcap showed that the broker offers a good investment program. The company provides very good trading conditions for trading signals, a wide choice of instruments, for which the signals are provided, and many options for receiving them. Eightcap trading signals are reliable. However, keep in mind that even the most reliable investment program carries the risk of possible loss.
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FAQs
How are the signals provided via a newsletter?
A trader regularly receives trading signals to his/her email or personal messages in the account. As a rule, they are provided in the form of a report with screenshots of technical analysis.
Can I subscribe to several signal providers?
As a rule, brokers allow traders to do that. It is important to subscribe to several providers or newsletters, as it helps diversify the risks.
In which form can signals be provided?
Signals can be provided as copy trading, newsletters, alerts, blog articles, etc.
Team that worked on the article
Mikhail Vnuchkov joined Traders Union as an author in 2020. He began his professional career as a journalist-observer at a small online financial publication, where he covered global economic events and discussed their impact on the segment of financial investment, including investor income. With five years of experience in finance, Mikhail joined Traders Union team, where he is in charge of forming the pool of latest news for traders, who trade stocks, cryptocurrencies, Forex instruments and fixed income.
Olga Shendetskaya has been a part of the Traders Union team as an author, editor and proofreader since 2017. Since 2020, Shendetskaya has been the assistant chief editor of the website of Traders Union, an international association of traders. She has over 10 years of experience of working with economic and financial texts. In the period of 2017-2020, Olga has worked as a journalist and editor of laftNews news agency, economic and financial news sections. At the moment, Olga is a part of the team of top industry experts involved in creation of educational articles in finance and investment, overseeing their writing and publication on the Traders Union website.