📋 KolaTrading Verdict — May 2026
Bottom Line
Eightcap is the broker for TradingView users and crypto CFD traders. Native TradingView integration means you analyse and trade from the same interface — no switching, no re-drawing levels. The crypto CFD range (250+ instruments) is the largest we’ve seen at any ASIC-regulated broker, making it the top pick if you want to trade altcoins under Tier-1 regulation. Raw account spreads from 0.0 pips with a A$3.50/side commission are competitive, and the A$100 minimum deposit keeps the entry barrier low. The trade-off is breadth outside crypto — the overall market range is narrower than IG or CMC, research is minimal, and there is no cTrader or proprietary platform. Eightcap excels in two specific niches; outside them, it is mid-pack.
✓ What We Like
Native TradingView integration — full charting + execution without leaving TradingView
250+ crypto CFDs — largest regulated range, including majors, altcoins and crypto indices
ASIC-regulated (AFSL 391441) plus FCA and CySEC — three Tier-1/2 licences
Raw account from 0.0 pips with A$3.50/side commission — competitive ECN pricing
A$100 minimum deposit, no inactivity fee, no withdrawal fee
Free TradingView Pro subscription included with live account
Capitalise.ai code-free automation tool built in
Equinix servers for fast execution
✗ What We Don’t Like
No cTrader and no proprietary platform
Overall instrument range (outside crypto) is narrower than IG, CMC or Pepperstone
Research and education are thin — you supply your own analysis
No PayID for AU deposits (card, bank transfer and crypto only)
Share CFDs are MT5-only with a separate A$2/side commission
Offshore entity (SCB Bahamas) used for international clients with weaker protections
🔬 My Live Testing Experience — Mar – Apr 2026
I opened an Eightcap Raw account in March 2026, deposited A$500, and traded it for 30 days. Everything below is what I observed.
What went well
The TradingView integration is not a gimmick. I connected my Eightcap account in seconds and was executing from my existing charts within minutes. The free TradingView Pro subscription is a real perk — it would cost A$180+/year otherwise.
Raw spreads were competitive. EUR/USD sat around 0.1 pips during the London session, and the all-in cost (~A$7 round-turn) was in line with IC Markets.
The crypto range is genuinely massive. I traded BTC/USD, ETH/USD and a couple of altcoin pairs — all under ASIC regulation with 30:1 max leverage capped, but with real depth.
What frustrated me
No PayID. I used card (instant) but would prefer PayID for larger AU deposits.
Research is almost non-existent. There’s no daily desk note, no deep analysis. You bring your own.
Share CFDs are MT5-only with a separate commission, which felt like a secondary product rather than a core offering.
⚠ Important risk warning — from my own experience
CFDs are leveraged and roughly 70–80% of retail CFD accounts lose money. Crypto CFDs are especially volatile — altcoin positions can move 10–20% intraday. The TradingView integration makes execution seamless, but seamless execution of a bad strategy still loses money. Start on demo.
⭐ Detailed Scores
Spreads & Fees4.4
Raw account ~0.1 pip + A$3.50/side is competitive. No inactivity fee or withdrawal fee. Standard account spread is wider.
Trading Platforms4.5
MT4, MT5 and native TradingView — the TradingView integration is best-in-class. No cTrader or proprietary platform.
Regulation & Safety4.3
ASIC + FCA + CySEC. Segregated funds and negative balance protection for AU clients. Score reflects offshore SCB entity.
Funding & Withdrawals4.0
Card, bank transfer and crypto; no fees. No PayID or POLi — a gap for AU clients.
Research & Education3.2
Thin. Capitalise.ai is useful for automation, but there is no real research desk or education library.
Customer Support4.1
24/5 chat and email. Generally responsive. No dedicated phone line.
💰 Fees & Spreads — What We Actually Recorded
Eightcap’s Raw account charges A$3.50/side (A$7 round-turn) with raw spreads from 0.0 pips — in line with IC Markets on MT4.
The Standard account is commission-free with ~1.0 pip spreads. Crypto CFDs are commission-free on both accounts. Share CFDs carry a separate A$2/side commission on MT5.
Live Spread Data — 30-Day Test (Raw, Mar–Apr 2026, Sydney)
| Instrument | Raw Spread | Commission (RT) |
|---|
| EUR/USD avg | ~0.1 pips | A$7.00 |
| BTC/USD avg | ~18–25 pts | Commission-free |
| Gold XAU/USD avg | ~0.15–0.25 pts | A$7.00 |
All-In Cost Comparison — EUR/USD Round-Turn (1 Std Lot)
💡 Key finding: Eightcap’s all-in cost is mid-pack (~A$8 on EUR/USD), similar to IC Markets MT4 Raw. You’re paying for TradingView integration and 250+ crypto CFDs, not the absolute lowest raw cost.
🌙 Overnight Swap Rates
Positions held past the daily rollover incur an overnight swap charge or credit. Wednesday rollovers are charged at three times the normal rate to cover the weekend settlement cycle.
⚠ Crypto CFDs also carry overnight costs. Holding crypto positions overnight incurs a daily funding charge — factor this in for multi-day crypto trades.
An Islamic swap-free account is available on request. Check rates on your platform: MT4/MT5 → right-click symbol → Specification.
👤 Account Types
Raw AccountRecommended
Min. DepositA$100
Spread ModelRaw from 0.0 pips
CommissionA$3.50/side (A$7 RT)
Max Leverage30:1 (ASIC retail limit)
Best ForActive FX + crypto traders
Standard Account
Min. DepositA$100
Spread ModelFrom ~1.0 pip
CommissionNil — built into spread
Max Leverage30:1 (ASIC retail limit)
Best ForBeginners wanting simple pricing
🏦 Deposits, Withdrawals & Payment Methods
Eightcap charges no deposit or withdrawal fees. The AU payment selection is functional but lacks PayID and POLi — a gap for an ASIC-regulated Melbourne broker.
| Method | Deposit Time | Withdrawal Time | Fee |
|---|
| Visa / Mastercard | Instant | 1–3 business days | $0 |
| Bank Transfer (AUD) | 1–2 business days | 1–3 business days | $0 |
| Crypto | Varies by chain | Varies | $0 |
No PayID or POLi. For an ASIC-regulated Melbourne broker, this is a notable gap in 2026. If fast local funding is critical, consider Pepperstone or Fusion Markets.
🏛 Regulation & Safety
Eightcap was founded in Melbourne in 2009. Australian clients are served by Eightcap Pty Ltd, regulated by ASIC under AFSL 391441.
| Regulator | Jurisdiction | AU Clients |
|---|
| 🏛 ASIC | Australia — AFSL 391441 | Yes — primary entity |
| 🏛 FCA | UK — FRN 921296 | UK clients |
| 🏛 CySEC | Cyprus — 246/14 | EU clients |
| 🏛 SCB | Bahamas | International clients |
✓ What ASIC regulation gives AU clients Segregated client funds · Negative balance protection · 30:1 max leverage on major FX · Verify AFSL 391441 at connectonline.asic.gov.au
🎯 Who Should Use Eightcap?
Being honest here — Eightcap is not for everyone. It excels in two specific niches: TradingView integration and crypto CFDs. Outside those, it is a competent but unremarkable ECN broker.
✓ Best for: TradingView users The native integration is best-in-class — full charting, community scripts and execution without leaving TradingView. Free Pro subscription included.
✓ Best for: Crypto CFD traders under Tier-1 regulation 250+ crypto pairs is the largest regulated crypto CFD range we’ve found. Altcoins, crosses and indices, all under ASIC regulation.
✓ Best for: Code-free algo traders Capitalise.ai lets you build automated strategies in plain English, no coding required.
✗ Not for: Traders who want deep research Around 70–80% of retail CFD traders lose money. If you need morning notes and education, consider
CMC Markets or
AvaTrade.
✗ Not for: Traders who want PayID / local AU funding No PayID or POLi — card and bank transfer only. For fast local funding, Fusion Markets or Pepperstone are better.
Open Eightcap Account
A$100 min · ASIC AFSL 391441 · Raw from 0.0 pips · TradingView + 250+ crypto
Visit Eightcap →
ASIC regulated. CFD trading involves significant risk. 70–80% of retail accounts lose money.
❓ Frequently Asked Questions
Is Eightcap safe and regulated in Australia?
Yes. Eightcap Pty Ltd holds AFSL 391441 and is regulated by ASIC. It also holds FCA (UK) and CySEC (EU) licences. AU clients get segregated funds and negative balance protection. The offshore SCB (Bahamas) entity serves international clients with weaker protections. Verify at connectonline.asic.gov.au.
Which Eightcap account is best — Raw or Standard?
The Raw account is cheaper for active traders — 0.0 pip spreads plus A$3.50/side commission. The Standard account’s ~1.0 pip spread is simpler but more expensive overall. Both require A$100 minimum and include TradingView access.
What are Eightcap’s withdrawal times and payment methods?
Eightcap supports card, bank transfer and crypto with no fees. Card deposits are instant; bank transfer takes 1–2 days. Withdrawals are typically processed within 1–3 business days. There is no PayID or POLi. Withdrawals follow the same-source rule.
Does Eightcap charge overnight swap fees?
Yes. FX and metals positions held overnight incur a swap charge. Wednesday rollovers are at triple the rate. Crypto CFDs also carry overnight funding charges. A swap-free (Islamic) account is available on request.
Does Eightcap allow scalping and EAs?
Yes — both are permitted on MT4 and MT5. The Raw account’s pricing suits active scalping. Capitalise.ai adds code-free automation on top. You can also execute directly from TradingView.
How does Eightcap compare to IC Markets?
Both are ASIC-regulated Melbourne brokers with ~A$7–8 all-in cost on EUR/USD. Eightcap’s edge is native TradingView integration and 250+ crypto CFDs — neither of which IC Markets offers. IC Markets counters with cTrader, a deeper instrument range outside crypto, and faster tested execution. Pick Eightcap for TradingView and crypto; pick IC Markets for cTrader and overall breadth. See our
IC Markets review.
