Eightcap Review for UK Traders
Reviewed by Phillip Ashdown
Last updated:
An independent review of Eightcap, an FCA-regulated broker offering competitive spreads and TradingView integration for UK traders.
4.7/5 overall rating
Eightcap is an FCA authorised and regulated broker that offers CFD trading on forex, indices, commodities, and shares. Eightcap's UK entity is the only dedicated, specialist TradingView broker in the UK, providing a tailored product experience to get the most out of trading via TradingView.
Key Facts
- FCA regulated
- Yes (FRN 921296)
- Minimum deposit
- $100
- Platforms
- TradingView
- Spread (EUR/USD)
- From 0.0 pips
- Account types
- Standard and Tight Spread (CFD only)
Our Verdict
Eightcap is a specialist TradingView broker offering tight spreads from 0.0 pips with low commissions. It is well suited to active UK traders who want direct TradingView integration and competitive pricing.
There is no spread betting, and educational resources are less developed than larger brokers. Beginners or traders wanting broader platform choice may be better served elsewhere.
You can find full platform details on the official Eightcap website.
For more options, see our full list of the best FCA-regulated forex brokers in the UK.
Pros & Cons
✓ Pros
- ✓ FCA regulated (FRN 921296) with segregated client funds and FSCS protection
- ✓ Competitive spreads from 0.0 pips with low commission
- ✓ TradingView integration for charting and execution
- ✓ Access to forex, indices, commodities and shares
- ✓ No inactivity fee
⚠ Cons
- ⚠ No spread betting option for UK traders
- ⚠ $100 minimum deposit higher than some competitors
- ⚠ Educational content less comprehensive than larger brokers
- ⚠ No proprietary platform with built-in research tools
Spreads and Fees
Eightcap offers two account types with different pricing models. The tighter-spread account provides raw pricing with commission, while the Standard account offers spread-only pricing.
| Fee Type | Details |
|---|---|
| EUR/USD Spread (Tight) | From 0.0 pips |
| EUR/USD Spread (Standard) | From 1.0 pips |
| Commission (Tight) | $3.50 per lot per side |
| Overnight Financing | Based on interbank rate ± markup |
| Inactivity Fee | None |
| Withdrawal Fee | Free |
Fee Comparison
| Fee | Eightcap | IG | Pepperstone |
|---|---|---|---|
| EUR/USD Spread | From 0.0 pips (raw) | From 0.6 pips | From 0.0 pips (raw) |
| Commission | $7/lot (raw) / None (standard) | None (standard) | £2.25/lot (Razor) |
| Inactivity Fee | None | £12/mo after 2 years | None |
| Withdrawal Fee | Free | Free | Free |
Trading Platforms
- TradingView: Direct integration with TradingView for browser-based charting, analysis, and trade execution with community-driven tools.
Regulation
Eightcap's UK entity is authorised and regulated by the Financial Conduct Authority under firm reference number 921296. Client funds are held in segregated accounts, and retail traders benefit from negative balance protection. Eligible clients may be covered by the Financial Services Compensation Scheme up to £85,000.
Eightcap is authorised and regulated by the Financial Conduct Authority (firm reference number 921296), which you can verify on the FCA register.
Learn more about FCA regulation and how it protects UK traders.
Who Is This Broker For?
Best For
- Active traders seeking competitive spreads from 0.0 pips with low commissions
- Ideal for TradingView users who want direct integration with an FCA-regulated broker
- Traders who want access to forex, indices, commodities and shares from one account
Good For
- Tight spreads
- active traders
- simple execution
Not For
- UK spread bettors, as Eightcap offers CFDs only
- Traders seeking a proprietary platform with advanced built-in research tools
- Complete beginners who need extensive structured educational content
- Those looking for the very lowest minimum deposit (Eightcap requires $100)
Minimum Deposit
The minimum deposit to open an Eightcap live account is $100 (or currency equivalent). Funding is available via bank transfer, debit/credit card and e-wallets.
Ready to open an Eightcap account?
If you want tight spreads and direct TradingView integration, Eightcap is a strong option for active UK traders.
Your capital is at risk.
Final Verdict
Eightcap is a strong choice for active traders who prioritise low-cost execution and TradingView integration. It is less suited to beginners or UK traders seeking spread betting, but for cost-focused CFD trading, it offers a focused and competitive setup.