We monitor competitors to ensure we always offer the highest rates on the net.
Written by Angelo Martins
Edited by David Johnson
Fact checked by Alexandreas Kourris
Human moderated by Jason Peterson
Last updated September, 2024

Eightcap Overall rating

4.3
Ranked 40 out of 827 (Forex Brokers)
Overall rating is derived from an aggregate of ratings in multiple categories.
Rating Weight
User Rating 3
Popularity
3.9
3
Regulation
5.0
2
Pricing rating
4.8
1
Features
Not rated
1
Customer Support
Not rated
1

Eightcap Profile

Company Name Eightcap Global Limited
Categories Forex Brokers, Cryptocurrency Brokers, Forex Rebates, Cryptocurrency Rebates
Primary Category Forex Brokers
Year Founded 2009
Headquarters Australia
Office Locations Australia
Account Currency AUD, CAD, EUR, GBP, NZD, SGD, USD
Support Languages Arabic, Chinese, English, French, German, Italian, Malay, Portuguese, Spanish, Thai, Vietnamese, Bahasa (Indonesian), Mongolian
Funding Methods Bank Wire, Bitcoin, BPAY, China Union Pay, Credit/Debit Card, FasaPay, Neteller, PayPal, POLi, Skrill, Tether (USDT), PayRetailers, Worldpay, PSP
Financial Instruments Forex, Shares, Indices, Oil/Energies, Cryptocurrencies, Metals
Prohibited Countries Afghanistan, Azerbaijan, Belgium, Burundi, Canada, Central African Republic, Congo, Ivory Coast, Cyprus, Egypt, Eritrea, Ethiopia, Israel, Iraq, Iran, Japan, North Korea, Lebanon, Libya, Myanmar, Pakistan, Puerto Rico, Russia, Sudan, Sierra Leone, Somalia, Syria, Tunisia, Trinidad and Tobago, Ukraine, United States, Venezuela, Vanuatu, Yemen, Zimbabwe, Palestine, Serbia
24 hour support
Segregated Accounts
Islamic Accounts
Accepts Canadian clients
Accepts Japanese Clients
Non expiring demo
Trading API
Cent accounts
Negative balance protection
Social trading
Regulatory deposit insurance
Trailing stops
Bonuses
Interest on margin
Fixed spread
Variable spread

Eightcap Web traffic

Our web traffic data is sourced from SimilarWeb and sums the traffic data of all websites associated with a broker. Organic visits are visits the broker didn't pay for, based on the available data. This data updates once monthly and can be based on data purchased from internet service providers, traffic metrics sourced by a third party such as Google Analytics that the company chooses to share with SimilarWeb, etc.

Websites
join.eightcap.com
Organic monthly visits 452,862 (99%)
Organic traffic rank 48 out of 827 (Forex Brokers)
Paid monthly visits 3,013 (1%)
Total monthly visits 455,875
Bounce rate 49%
Pages per visit 3.42
Average visit duration 00:02:12.2440000

Eightcap Account types

  Standard Raw
Maximum leverage500:1
Mobile PlatformMT4 Mobile, MT5 Mobile, TradingView Mobile
Trading platformMT4, MT5, WebTrader, TradingView
Spread TypeVariable Spread
Minimum Deposit100
Minimum Trade Size0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  Standard
Maximum leverage 500:1
Trading platform MT4MT5WebTraderTradingView
Mobile platform MT4 MobileMT5 MobileTradingView Mobile
Spread type Variable Spread
Minimum deposit 100
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts
  Raw
Maximum leverage 500:1
Trading platform MT4MT5WebTraderTradingView
Mobile platform MT4 MobileMT5 MobileTradingView Mobile
Spread type Variable Spread
Minimum deposit 100
Minimum Trade Size 0.01
Trailing Stops
Scalping Allowed
Hedging Allowed
Islamic Accounts

Eightcap User Rating

4.0

Eightcap reviews by verified customers, cashback rebates, expert ratings, spreads & fees, leverage, demo accounts, downloads, trading platforms and more.

Please make sure your comments are relevant and that they do not promote anything. Irrelevant comments, including inappropriate or promotional links, and comments containing abusive, vulgar, offensive, threatening or harassing language, or personal attacks of any kind, will be deleted.

Eightcap Cashback rebates

Cash back rebates are paid per round turn lot unless otherwise specified. 1 Lot = 100,000 base currency units traded.
  Standard Raw
Forex0.36 Pips0.24 Pips
Oil / Energies0.06 Pips
Metals0.30 Pips
Indices0.15 Pips
CryptocurrenciesUp to $18.9936 Per Lot
Payment Options
Monthly Cash Back - Real Time Reports
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month. Real-time “reports” are posted on your profile dashboard: 1) for most MT4 accounts every 10 minutes; 2) for XM accounts every few hours; 3) and for all: MT5, Tickmill, IC Markets, IC Trading & EightCap accounts (Crypto transactions are not included in Real-time reports) once daily.
  Standard
Forex 0.36 Pips
Oil / Energies 0.06 Pips
Metals 0.30 Pips
Indices 0.15 Pips
Cryptocurrencies Up to $18.9936 Per Lot
Payment Options
Monthly Cash Back - Real Time Reports
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month. Real-time “reports” are posted on your profile dashboard: 1) for most MT4 accounts every 10 minutes; 2) for XM accounts every few hours; 3) and for all: MT5, Tickmill, IC Markets, IC Trading & EightCap accounts (Crypto transactions are not included in Real-time reports) once daily.
  Raw
Forex 0.24 Pips
Oil / Energies 0.06 Pips
Metals 0.30 Pips
Indices 0.15 Pips
Cryptocurrencies Up to $18.9936 Per Lot
Payment Options
Monthly Cash Back - Real Time Reports
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month. Real-time “reports” are posted on your profile dashboard: 1) for most MT4 accounts every 10 minutes; 2) for XM accounts every few hours; 3) and for all: MT5, Tickmill, IC Markets, IC Trading & EightCap accounts (Crypto transactions are not included in Real-time reports) once daily.

Notes

Rebates are not paid for residents of Australia.

What are Eightcap rebates?

Forex rebates reduce the spread or transaction cost paid by a trader on every trade, whether it’s a win or a loss. Rebate payment are offered in 3 forms including spread and commission reductions, daily trading account deposits, and monthly cash payments via bank wire, Paypal, Skrill and others.

How do Eightcap rebates work?

When a trader links their new or existing forex trading account to us, the broker pays us a volume based commission for every trade that's placed. We then pay most of this back to our clients. Unlike a few of our competitors your spreads will never increase as a result of using our service. Instead, you'll pay lower transaction costs and increase your win ratio. Ultimately, you get a better deal working with us than working only with the broker.

How much Eightcap rebates can I earn?

Use our forex rebate calculator to estimate your Eightcap rebate earnings:

 
You must enter a valid number

Which Eightcap rebate program is the best?

Our business model and theme is offering the highest rebate rates at every popular forex broker. We do this by adjusting our rates whenever we find a competitor offering more. Our clients can rest assured they are getting the highest rebates possible combined with the best possible customer support and consistent, timely and accurate rebates.

Will my Eightcap spreads increase?

There may be a few scammy forex rebate providers out there that do this but we do not. It would be deceptive, unethical, and totally against our business model, not to mention customers would quickly catch on and write horrible reviews! The easiest way to alleviate such a concern is just ask customer support at Eightcap.

How can it be better to work through a 'middle-man' than just working directly with Eightcap?

Eightcap rebates are similar in nature to a credit card rewards program. Let’s take a Visa credit card for example. When a consumer purchases something using a credit card the vendor incurs a fee of between 1.5% – 3% which they pay to Visa. Many consumers are enrolled in a credit card rewards program and receive approximately 1% cashback reward on any credit card purchase they make. Is it free money? Yes and no. It’s money the consumer would not have received if they were not signed up with the rewards program, however it’s paid for out of fees charged to the vendor who will naturally build such fees into the cost of their products.

A forex rebate provider typically has a contractual relationship with a number of different forex brokers and earns a commission for each trade placed by a trader they refer to the forex broker. The marketing benefits afforded to forex brokers by such a system are substantial, from actual referred clients to branding, added search engine visibility, etc. The rebate provider then pays the client a cash rebate from the commission they earn from the forex broker.

Are Eightcap rebates worth the effort?

The biggest obstacle to any forex trader is the cost of the transaction. It may seem small, but in fact it’s the biggest factor that gives the trader less than a 50% chance of winning any particular trade. This seemingly small cost can be devastating when compounded, and in the long term if the trader relies on luck alone they are sure to continually lose on their investment. Eightcap rebates reduce the cost of the transaction and increases a trader’s probability of winning. Still, a trader must rely on their trading skill to close the remainder of the gap.

Why don't you offer more forex rebate brokers?

We have chosen to focus on the more reliable, competitive and trustworthy brokers. If we were to add every forex broker that approached us we would have at least several hundred. Currently we have a relationship with all of the most popular broker’s across the globe. As a customer-focused company our paramount concern is that we send clients to broker’s where they will be able to withdraw their funds easily when the time comes; and experience fair trading conditions and good customer service.

Eightcap Regulation / Money Protection

5.0
Company Licenses & Regulations Segregated Client Money Deposit Compensation Scheme Negative Balance Protection Rebates Max. Leverage Retail Clients
Eightcap Pty Ltd 30 : 1
Eightcap EU Ltd up to €20,000 30 : 1
Eightcap Group Ltd up to £85,000 30 : 1
Eightcap Global Limited 200 : 1
CLMarkets Limited
Saint Vincent and the Grenadines
500 : 1

Eightcap Symbols

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