Eightcap in India: Is it Available and Legit?
As of June 2026, Eightcap is available to traders and investors in India. This accessibility confirms the broker's authorization to operate within India and its compliance with the necessary regulatory requirements.
Essential details of Eightcap services in India
Eightcap is accessible to traders and investors in India. Key highlights include:
- India residents can open an account with Eightcap
- Eightcap has earned an overall rating of 8.25/10 points according to our methodology.
- Eightcap received 10/10 points for regulation and safety.
- For more detailed information, see our comprehensive Eightcap review.
Is Eightcap a regulated broker? Is it safe?
Eightcap is a regulated Forex broker operating under the supervision of the following regulatory authorities:
| Regulator | Full Name | Country | Protection Fund | Regulation level |
|---|---|---|---|---|
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Full Name Australian Securities and Investments Commission | Country Australia | Protection Fund No specific fund but has stringent consumer protection | Regulation level Tier-1 |
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Full Name Cyprus Securities and Exchange Commission | Country Cyprus | Protection Fund Up to €20,000 | Regulation level Tier-1 |
|
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Full Name Financial Conduct Authority | Country United Kingdom | Protection Fund Up to £85,000 | Regulation level Tier-1 |
|
|
Full Name Securities Commission of The Bahamas | Country Bahamas | Protection Fund No specific fund | Regulation level Tier-2 |
Is Eightcap safe to use in India?
A broker’s security is largely defined by its regulatory status. Eightcap is supervised by a Tier-1 authority, which is considered the highest level of oversight in the financial industry. Such brokers must comply with strict requirements on capital, transparency, and client fund protection. In addition, the presence of an Investor Compensation Fund and a proven track record in financial markets further strengthen trust. According to our methodology, Eightcap received a Regulation and safety score of 10/10, placing it among the most secure brokers.
Is Forex trading allowed in India? Is Forex taxable in India?
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Forex Licensing in India
In India, brokers are regulated by the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI). The former supervises foreign currency and the latter controls the stock market. The conditions for obtaining a license are: sufficient capital, a detailed business plan, compliance with rules and regulations, professional qualifications of key employees, and a professional reputation of the applicant.
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Investor protection in India
To resolve disputes, traders can approach the RBI and SEBI that prevent fraud and dishonest activity in the securities market.
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Taxation in India
Traders in India are subject to two primary types of taxes: direct and indirect. Direct taxes include a 5%-30% income tax. Capital gains tax is 15% for short-term profits and 10% for long-term ones. Trading income under 2.5 lakhs of Indian rupees is not taxable.
Eightcap vs other regulated brokers in India
To provide a clear understanding of available options for traders in India, Traders Union compared Eightcap trading conditions with those of other regulated brokers accepting clients in the region.
| Eightcap | IUX | XM | ||
|---|---|---|---|---|
| Regulation | ASIC, SCB, CySEC, FCA | FSC, FSCA, ASIC, FSA SVG | CySEC, FSC (Belize), DFSA, FSCA, FSA (Seychelles), FSC (Mauritius), SCA (United Arab Emirates), CMA (Kenya) | |
| Minimum deposit | $100 | $50 | $5 | |
| Currency pairs | 40 | 34 | 57 | |
| Floating spread EUR/USD, min pips | 0.4 | 0.6 | 0.7 | |
| Floating spread EUR/USD, max pips | 1.5 | 0.8 | 1.2 | |
| Go to broker |
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Team that worked on the article
Andrey Mastykin is an experienced author, editor, and content strategist who has been with Traders Union since 2020. As an editor, he is meticulous about fact-checking and ensuring the accuracy of all information published on the Traders Union platform.
Dan Blystone began his trading career in 1998 as an arbitrage clerk on the floor of the Chicago Mercantile Exchange (CME). He later traded bond and Eurex futures at proprietary firms such as Altea Trading, gaining valuable experience in high-frequency trading and risk management.
Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data.