Eightcap Profile Details: Key Information About the Company
Eightcap is an Australian broker operating since 2009. Its head office is located in Melbourne, and its activities are controlled by the public law institutions of Cyprus, Britain, Australia and the Bahamas.
Eightcap is a global broker serving more than one million traders worldwide. The main branch of the financial company is based in Melbourne, and its activity is under strict control of regulators in Australia, Cyprus, Great Britain and the Bahamas. The intermediary has also won awards more than once. It has statutes for "Most Innovative Affiliate Program", "Best Service", and so on.
A wide range of instruments, a powerful training and analytical base, innovative developments, comprehensive support and popular trading terminals - this is by no means a complete list of Eightcap's advantages. In this review we will provide more detailed information about the company to make it easier for you to decide whether to cooperate with it or not.
Eightcap was founded in 2009 in Melbourne (Australia). The broker is regulated by SCB (SIA-F220), ASIC (ACN 139 495 944), FCA (921296), CySEC (246/14). The founder of Eightcap is Joel Murphy. The project does not cooperate with residents of the US, North Korea, Lebanon, Libya, Pakistan, Panama, Panama, Somalia, Sudan, RF and Ukraine. Of the contacts, he provides a few emails and phone numbers. Support works from Monday to Friday.
Where is Eightcap based?
Eightcap is headquartered in Melbourne, Australia.
Is Eightcap available worldwide?
Eightcap positions itself as a global broker, but there are still some regional restrictions. The intermediary does not cooperate with residents of the USA, North Korea, Lebanon, Libya, Pakistan, Panama, Somalia, Sudan, Russia and Ukraine.
Is Eightcap legit and safe?
Yes, Eightcap is a legitimate and regulated broker. It is regulated by SCB (SIA-F220), ASIC (ACN 139 495 944), FCA (921296), CySEC (246/14). Eightcap is also officially registered in Seychelles.
How do I contact Eightcap customer support?
Of the contacts on the broker's website, several emails and phone numbers are provided.
What an Eightcap profile includes
Eightcap broker has been operating for more than 14 years and offers traders to trade contracts for price differences in fiat and digital currencies, stocks, indices, precious metals and other assets. The project is a partner of many proprietary firms and also cooperates with first-tier banks.
In addition to reliability and transparency, traders choose Eightcap for its attractive terms of cooperation. Firstly, there is a low Eightcap minimum deposit - investors will need to deposit only 100 US dollars to start. Secondly, the intermediary has developed several types of tariff plans with narrow spreads from 0 pips and leverage up to 1:500. Traders will be able to speculate on one of the three available trading terminals - TradingView, MT4 and MT5 with an extended package of charts for monitoring instruments and built-in technical indicators.
But the main feature of the broker lies in the large number of developments available on the platform, which significantly simplify the trading process. For example, the company has the Acuity economic calendar based on artificial intelligence, which provides a deeper understanding of financial markets compared to traditional calendars. Eightcap also provides clients with Capitalize.ai technology that allows them to analyze and automate market scenarios in plain English. And the free Forex VPS provides traders with instant order execution and optimal internet connection speed. Furthermore, Eightcap trading signals provide valuable insights for informed decision-making in the financial markets.
You can also become an Eightcap affiliate. The intermediary has developed a competitive commission model and offers traders to receive fixed or flexible remuneration for each invited client. For example, in 2022, the broker paid out more than $9 million in commissions to its partners. Eightcap provides full marketing support - from strategy creation to design development.
Contact Information
| Information | Details |
|---|---|
OfficialWebsite | eightcap.com |
EmailSupport | global@eightcap .com (Europe) customerservice@eightcap.com (Australia) |
PhoneSupport | +61 3 8592 2375 (Europe) +61 3 8375 9700, +61 3 8373 4800 (Australia) |
ChatSupport | Yes, available |
https://www.facebook.com/Eightcapaufx | |
https://www.instagram.com/eightcap_aufx/ | |
https://twitter.com/Eightcap_aufx | |
Address | Level 35, Rialto South Tower, 525 Collins Street, Melbourne, 3000 |
Enterprise history and synopsis
Eightcap was founded in 2009 in Melbourne, Australia's traditional financial center. Since then, more than 50 million users from different parts of the world have joined it. In addition to the branch in Australia, the broker has offices in the UK, Cyprus, Seychelles, the Bahamas and several other countries.
The broker pays special attention to its awards. In 2023 Eightcap was recognized as "Broker of the Year" according to the Global Forex Awards. In the same year, the holding received a statuette for the "Most Innovative Affiliate Program" and was awarded by AtoZ Markets as the "Best Crypto Broker". More than once Global Brands Magazine awarded Eightcap for "Best Forex Trading Support" (in 2021 and 2022). The company's official ambassador is Daniel Riccardo, an Australian car racer and Formula 1 driver. And in 2018, the broker sponsored the Carlton soccer club.
Eightcap executive team
Until recently, Joel Murphy was CEO of Eightcap, and in January 2023, Alex Howard took his place. Joel Murphy, in turn, moved to the position of non-executive chairman of the brokerage company.
Eightcap employs more than 176 staff. The Eightcap management team also includes Bryn Newell (CTO) and Ollie Rowswell (Marketing Director).
Customer base
Eightcap is a global broker whose offerings are available virtually worldwide. Despite its Australian roots, Eightcap extends its services to more than 100 countries, with a multilingual website available in German, Spanish, French, Italian, Portuguese, Chinese, Japanese and several other languages. But it is not without regional restrictions: the broker denies cooperation to citizens of the USA, North Korea, Lebanon, Libya, Pakistan, Panama, Somalia, Sudan, Russia and Ukraine.
Legal entities and regulation
Eightcap's activities are absolutely legal, as it is under the control of reputable international regulators, which impose strict requirements on financial companies wishing to be included in their registers. The intermediary's website states that it provides brokerage services on the basis of licenses:
Cyprus Securities and Exchange Commission (246/14)
Australian Securities and Investments Commission (ACN 139 495 944)
UK Financial Services Authority (921296)
Bahamas Securities Commission (SIA-F220).
Also in the footer of the resource it is indicated that the broker is officially registered in Seychelles under the number 196744.
Products overview
The broker offers traders to trade contracts for price differences on:
commodities: gold, silver, Brent and WTI spot oil;
indices: US30, ASX200, UK100, GER40, FRA40, NDX100;
stocks: Apple, Amazon, Google, Netflix and others;
In general, traders have more than 800 trading instruments at their disposal.
Eightcap services
The main features of working with Eightcap:
Minimum deposit: the size of the starting deposit on the platform is 100 US dollars, which makes the broker a great option for beginner traders.
Trading terminals: the company offers to make transactions on popular MetaTrader 4, MetaTrader 5 and TradingView terminals with a user-friendly interface and advanced analytical tools.
Trading costs: the broker offers traders an account with a raw spread Eightcap and a small commission of $3.5 per standard lot; you can also choose a standard account with a spread of 1 pip, in which case no commission will be charged. Try the Eightcap Demo.
Modern technologies: the broker provides an AI-based economic calendar, FlashTrader automated Forex trading advisor that analyzes the market and automatically determines entry points based on identified price fluctuations, Capitalise.ai for automation and testing of trading ideas without code, ForexVPS for instant order execution.
Payment methods: users can deposit or withdraw funds using credit and debit cards, electronic payment systems, including PayPal and Neteller, bank transfers and digital assets (processing time depends on the selected method and in some cases may take up to 5 working days).
Additional income: the broker has developed an affiliate program with a hybrid or fixed commission payment model.
Expert Opinion
Eightcap has been in operation for over 14 years. I believe that during this time it has proven its reliability, having been approved by Australian, British, Cypriot and Bahamian supervisory authorities, as well as receiving a dozen international awards. Many proprietary firms cooperate with it.
The broker promises clients several types of accounts. Both professionals and beginners will be able to find a suitable option for themselves.
Conclusion
According to Eightcap reviews, it is a progressive and reliable broker that cares about the safety of its clients. The holding company's activity is regulated by international public legal institutions, which set strict requirements for companies, so traders can be sure in the honesty of Eightcap's intentions. The broker can also boast of excellent trading conditions: minimum deposit from 100 dollars, narrow spreads, low commissions, popular terminals and professional support are not the whole list of Eightcap's advantages.
The broker really gives an opportunity to earn and withdraw profits correctly.
Team that worked on the article
Alamin Morshed is a contributor at Traders Union. He specializes in writing articles for businesses that want to improve their Google search rankings to compete with their competition. With expertise in search engine optimization (SEO) and content marketing, he ensures his work is both informative and impactful.
Dr. BJ Johnson is a PhD in English Language and an editor with over 15 years of experience. He earned his degree in English Language in the U.S and the UK. In 2020, Dr. Johnson joined the Traders Union team. Since then, he has created over 100 exclusive articles and edited over 300 articles of other authors.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).
