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 41 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 416,597 (99%)
Organic traffic rank 56 out of 827 (Forex Brokers)
Paid monthly visits 3,414 (1%)
Total monthly visits 420,011
Bounce rate 46%
Pages per visit 3.50
Average visit duration 00:02:18.4080000

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?

Eightcap rebates are a portion of the transaction cost that is paid back to the client on each trade, resulting in a lower spread and improved win ratio. For example, if your rebate is 1 pip and the spread is 3 pips, then your net spread is only 2 pips.

Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.

How do Eightcap rebates work?

When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.

Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.

How much Eightcap rebates can I earn?

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

 
You must enter a valid number

Are Eightcap rebates a scam; do my spreads increase?

Eightcap rebates paid by legitimate rebate providers are not a scam, however scams do exist. The most common scam is a rebate provider that marks up the spread or commission in order to pay a higher rebate than competitors. Many brokers do allow a referring party, or rebate provider, to markup costs to traders they refer. Obviously this defeats the purpose of the service provided by the rebate provider and thus jeopardizes the viability of the rebate provider’s reputation and business, so a reliable provider wouldn’t consider this. Besides this, certain rebate providers may not pay on time, or not at all. This is why it’s important to choose a reliable provider.

When working with a trustworthy rebate provider, there is no ‘catch’. It is more beneficial to a trader’s financial position to work with a rebate provider than solely with the forex broker.

Are there any other benefits to signing up for Eightcap rebates?

It depends on the rebate provider. Due to our unique relationship with many brokers, we have often mediated between brokers and clients in order to help successfully resolve client issues, including clients who are having withdrawal issues. Brokers are often very fast to respond to us, since we typically have many clients with them. Our knowledgeable support team is available 24 hours per day in 8 native languages & 23 total languages for any questions. We also offer trading tools, calculators, reviews and a robust forex education section.

How are forex rebates paid?

Because we deal with so many traders in so many different countries and serve 23 languages we have to cover a wide array of options. Here’s what we offer:

Forex rebate options vary per broker:

Monthly cash back Payments are credited and sent automatically by the 12 of the month following the month rebates are earned in.
Spread or commission reduction The trader actually receives reduced commissions and/or spreads. This is an exciting option offered by some of our top brokers.
Paid direct to brokerage account Cashback is credited directly to the trader’s brokerage account, typically between 1-7 days after the trade is closed. This is another exciting options offered by some of our top brokers.

In the case of the ‘Monthly cash back’ rebate option, monthly payments can be paid via bank wire, Paypal, Skrill, Sticpay, China Unionpay, and Neteller. Some payment methods such as bank wire carries fees and often traders set a custom minimum payment amount in order to accumulate rebates and withdraw their rebates less often than monthly.

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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