Eightcap is an online forex and CFD broker that was founded in 2018. It is regulated by three tier-1 regulators: the Australian Securities & Investment Commission (ASIC), the Financial Conduct Authority (FCA), and the European Union via MiFID.

Eightcap offers a wide range of trading instruments, including forex, CFDs on stocks, commodities, indices, and cryptocurrencies. It also offers two account types: the Standard account and the Raw account. The Standard account has no commission but has wider spreads, while the Raw account has a commission of $3.50 per lot per trade but has tighter spreads.

Eightcap also offers a variety of trading platforms, including MetaTrader 4 and MetaTrader 5. It also offers a proprietary trading platform called cTrader.

In terms of fees, Eightcap is one of the most competitive brokers in the market. It has no deposit or withdrawal fees, and its spreads are some of the lowest in the industry.

Eightcap also offers a variety of educational resources and customer support. Its educational resources include a comprehensive wiki, webinars, and trading courses. Its customer support is available 24/7 by phone, email, and live chat.

Here are some of the pros and cons of Eightcap:

Advantages of Eightcap (Pros)

• Regulated by ASIC, FCA, and FSC
• Competitive fees
• Variety of account types
• MetaTrader 4 and MetaTrader 5 platforms
• 24/7 customer support
• Educational resources
• Trading signals
• Copy trading

Disadvantages of Eightcap (Cons)

• Narrow range of CFD symbols
• Lackluster research and educational resources

Eightcap is a reliable and trustworthy broker that offers a wide range of trading instruments, competitive fees, and excellent customer support.

Here are some of the eight best features of Eightcap:

• Regulated by three tier-1 regulators: Eightcap is regulated by three of the most reputable financial regulators in the world: the ASIC, the FCA, and the ESMA. This means that it is subject to strict financial regulations, which helps to protect traders’ funds.
• Wide range of trading instruments: Eightcap offers a wide range of trading instruments, including forex, CFDs on stocks, indices, commodities, and cryptocurrencies. This gives traders a variety of options to choose from, depending on their trading goals.
• Competitive trading fees: Eightcap’s trading fees are competitive, especially for its Raw account. The Standard account has a commission-free structure, while the Raw account has a fixed commission of $3.50 per lot per trade.
• Variety of deposit and withdrawal methods: Eightcap offers a variety of deposit and withdrawal methods, including credit cards, debit cards, bank transfers, and e-wallets. This makes it easy for traders to fund their accounts and withdraw their profits.
• Demo account available: Eightcap offers a demo account that allows traders to practice trading without risking any real money. This is a great way for beginners to learn the ropes of trading before they start trading with real money.
• 24/7 customer support: Eightcap offers 24/7 customer support, which is available via live chat, email, and phone. This means that traders can get help whenever they need it, day or night.
• Advanced trading platform: Eightcap offers an advanced trading platform that is packed with features, including charting tools, technical analysis indicators, and order types. This makes it easy for traders to analyze the market and make informed trading decisions.
• Education and research resources: Eightcap offers a variety of education and research resources, including webinars, articles, and trading guides. This helps traders to learn about trading and improve their trading skills.

Eightcap is ranked highly by many forex broker review websites. Here are some of its rankings:

• ForexBrokers.com: Eightcap is ranked 13th out of 62 forex brokers.
• BrokerChooser: Eightcap is ranked 11th out of 42 forex brokers.
• Investopedia: Eightcap is ranked 10th out of 24 forex brokers.
• The Telegraph: Eightcap is ranked 8th out of 20 forex brokers.
• Finder: Eightcap is ranked 7th out of 25 forex brokers.
• Best Forex Broker for Beginners 2023 by Investopedia
• Best Forex Broker for Low Fees 2023 by BrokerChooser
• Best Forex Broker for Cryptocurrencies 2023 by Forbes Advisor
• Best Overall Forex Broker 2023 by TradingBeasts
• Top 10 Forex Brokers in Australia by Finder

These rankings are based on factors such as regulation, trading fees, platform, customer support, and educational resources. Overall, Eightcap is a well-regarded broker that is considered to be a good choice for both beginners and experienced traders.

More Details About Eightcap:

• Name: Eightcap
• Headquarters: Australia
• Founded: 2018
• Regulations: ASIC, FCA, ESMA
• Trading instruments: Forex, CFDs on stocks, indices, commodities, cryptocurrencies
• Account types: Standard, Raw
• Minimum deposit: $100 (Standard), $200 (Raw)
• Maximum leverage: 1:500 (forex pairs), 1:20 (other instruments)
• Trading fees: Commission-free (Standard), $3.50 per lot per trade (Raw)
• Deposit methods: Credit cards, debit cards, bank transfers, e-wallets
• Withdrawal methods: Credit cards, debit cards, bank transfers, e-wallets
• Demo account: Yes
• Customer support: 24/7
• Education resources: Webinars, articles, videos

Eightcap is a good choice for traders who are looking for a reliable and regulated broker with competitive fees. If you are considering trading with Eightcap, please read its terms and conditions carefully before opening an account. You should also do your own research to make sure that the broker is a good fit for your trading needs.