Eightcap Review for UK Traders
Reviewed by Phillip Ashdown · Last updated · How we review
An in-depth review of Eightcap, an FCA-regulated broker offering competitive spreads and TradingView integration for UK traders.
4.7/5 overall rating
Eightcap Group Ltd is authorised and regulated by the Financial Conduct Authority (FRN 921296) and offers CFD trading on forex, indices, commodities, and shares. Eightcap integrates with TradingView, and its website also lists TradeLocker, MetaTrader 4 and MetaTrader 5.
Key Facts
- FCA regulated
- Yes (FRN 921296)
- Minimum deposit
- $100
- Platforms
- TradingView; its website also lists TradeLocker, MT4 and MT5
- Spread (EUR/USD)
- From 0.0 pips
- Account types
- Standard and Tight Spread (CFD only)
Our Verdict
Eightcap is a CFD 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 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.
For the criteria behind this assessment, see our guide to how to evaluate a forex broker.
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.
To see what a spread or a price move is worth in pounds on your trade size, use our pip value calculator. To size a trade to the amount you want to risk, use the position size calculator.
| 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 (USD); £2.25 (GBP); €2.75 (EUR) |
| 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 | $3.50/lot per side (raw) / None (standard) | None (standard) | £2.25/lot per side (Razor) |
| Inactivity Fee | None | None | 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.
- TradeLocker, MT4 and MT5: Eightcap's website lists TradeLocker, MetaTrader 4 and MetaTrader 5 alongside TradingView. Confirm with Eightcap which platforms are available to UK clients before opening an account.
Regulation
Eightcap Group Ltd (company number 12448314) 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.
75% of retail investor accounts lose money when trading CFDs with this provider.
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.