Eightcap

Eightcap is an Australia regulated forex and CFD broker that offers the popular MetaTrader platform. With over 45 currency pairs, Bitcoin, Ethereum, and other cryptocurrencies, as well as indexes, stocks, precious metals, and commodities as CFDs, Eightcap provides a wide range of trading instruments for investors to choose from.

One of the key features of Eightcap is its regulation by the Australian Securities and Investments Commission (ASIC), the Financial Conduct Authority (FCA), and the Vanuatu Financial Services Commission (VFSC). These regulatory bodies ensure that the broker operates in a transparent and secure manner, providing traders with peace of mind.

Broker Details

• Minimum Trade Size: 0.01
• Maximum Leverage: 500:1
• Minimum to Open Live: $100
• Established: 2009
• Address: The Rialto, South Tower Level 35, 525 Collins Street, Melbourne VIC 3000, AU, Australia
• Contact: [email protected], 61 3 8373 4800
• Regional Offices: N/A
• Regulators: ASIC #391441, FCA #921296, VFSC #40377
• Prohibited Countries: Show all >>
• Trading Platforms: MT4, MT5, TradingView
• Web Trading: ✔ Yes
• Mobile Trading: ✔ Yes
• ECN: ✔ Yes
• Currencies: Trading Instruments (45 )
• Cryptocurrencies: (300 ) Bitcoin, Litecoin, Ethereum
• CFD: (800 ) Gold, Silver, Stocks, Stock Indexes, Oil
• Trading Conditions: EAs/Robots: ✔ Yes, Scalping: ✔ Yes
• Managed Accounts & Social Trading: MAM: ✔ Yes, PAMM: ✔ Yes
• Deposit Methods: Bank Wire (Bank Transfer/SWIFT), VISA, MasterCard, BPAY, Neteller, PayPal, Poli, Skrill, UnionPay, XPAY
• Withdrawal Methods: Bank Wire (Bank Transfer/SWIFT), VISA, MasterCard, Neteller, PayPal, Poli, Skrill, UnionPay, XPAY

Eightcap offers a range of deposit and withdrawal methods, including bank wire transfers, credit cards, and popular e-wallets such as Neteller, PayPal, and Skrill. This allows traders to easily fund their accounts and withdraw their profits.

Pros and Cons

Pros:

• Regulated by ASIC, FCA, and VFSC
• Wide range of trading instruments
• Multiple trading platforms available
• Allows EAs/Robots and scalping
• Managed accounts and social trading options
• Diverse deposit and withdrawal methods

Cons:

• Limited regional offices
• Prohibited in certain countries

Safety Check

Eightcap is regulated by reputable financial authorities, ensuring that the broker adheres to strict guidelines and standards. This provides traders with a level of safety and security when trading with Eightcap.

FAQs

Q: Can I trade cryptocurrencies with Eightcap?

A: Yes, Eightcap offers a range of cryptocurrencies, including Bitcoin, Litecoin, and Ethereum, for trading as CFDs.

Q: What trading platforms does Eightcap offer?

A: Eightcap provides traders with the popular MetaTrader platforms, including MT4 and MT5, as well as the TradingView platform.

Q: Can I use EAs/Robots and engage in scalping with Eightcap?

A: Yes, Eightcap allows the use of EAs/Robots and supports scalping strategies.

Q: Does Eightcap offer managed accounts and social trading options?

A: Yes, Eightcap provides managed accounts through its MAM and PAMM services, as well as social trading options.

Q: What deposit and withdrawal methods are available with Eightcap?

A: Eightcap offers various deposit and withdrawal methods, including bank wire transfers, credit cards, and popular e-wallets such as Neteller, PayPal, and Skrill.

Overall, Eightcap is a regulated forex and CFD broker that offers a wide range of trading instruments and platforms. With its strong regulatory oversight and diverse deposit and withdrawal options, Eightcap provides traders with a secure and convenient trading experience.

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