Which Eightcap entity serves UAE residents
Eightcap has not confirmed to BrokerBazaar whether it accepts UAE residents, and it lists no UAE-licensed entity. Availability should be treated as unconfirmed until the broker states it in writing.
Status on BrokerBazaar UAE: Availability not confirmed. "Available" is not the same as "regulated in the UAE": only a Capital Market Authority (CMA, formerly SCA), DFSA or FSRA licence gives you local supervision and a local complaints route.
Funding in AED and local payment methods
Eightcap has not stated AED account denomination or UAE local bank transfer on its BrokerBazaar submission. Deposit methods listed: Bank Transfer, Visa, Mastercard, PayPal, Skrill, Neteller. Expect USD-denominated accounts and a card or bank FX conversion fee unless the broker confirms AED wallets.
Withdrawal methods listed: Bank Transfer, Visa, Mastercard, PayPal, Skrill, Neteller. UAE banks may query incoming payments from offshore brokers; keep your deposit records.
Islamic (swap-free) account for UAE traders
Eightcap states that a swap-free account is available, subject to conditions such as holding-period limits or a replacement admin fee. Confirm which instruments are eligible and whether an administration charge replaces the overnight swap.
UAE-specific risk note
Because Eightcap has no UAE licence on record, the CMA cannot intervene in a dispute. Your recourse is with the foreign regulator of the onboarding entity (ASIC, FCA, CySEC are strict-tier). The CMA periodically publishes warnings about unlicensed platforms marketing to UAE residents; check its list before depositing.
Leveraged CFD trading carries a high risk of loss. Nothing on this page is personal financial advice.
Eightcap at a glance
Eightcap is a global CFD broker offering forex, indices, commodities, shares and cryptocurrencies through MT4, MT5, TradingView and WebTrader.
Eightcap reports a founding year of 2009 and a head office in Melbourne, Australia. It lists 6 regulators and 4 trading platforms.
BrokerBazaar verdict
Our research team has not yet published a written verdict for Eightcap. The BrokerBazaar Intelligence Score is 81/100 (low risk), computed from regulatory, operational, transparency, reputation and domain-history signals. Scores are editorial assessments, not user ratings, and are never influenced by payment.
Legal entities, regulation and licences
Eightcap operates through 7 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by at least one strict-tier regulator.
Licence check: Not independently checked. BrokerBazaar is currently reviewing this broker's information against public records. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
Eightcap states that it accepts clients from Australia, United Kingdom, Cyprus, European Union, Bahamas, Seychelles, Mauritius. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Known restrictions flagged in our review: Maximum leverage is restricted to 1:30 for several major retail-regulated jurisdictions; Some features and instruments are not available to all clients.
Trading products, platforms and account types
Instruments: Forex, Indices, Commodities, Shares, Cryptocurrencies. Platforms: MT4, MT5, TradingView, WebTrader. Account types: Standard, Raw.
Best-for tags assigned by our team: Scalpers, Low Spreads, MetaTrader, TradingView, Crypto Traders.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is $100. Spreads start from 0.0 pips and commission is $3.50/side per lot (Raw). Maximum leverage is 1:30, subject to the cap of the entity that holds your account.
Swap-free / Islamic account: available (conditional). Swap type: variable. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Bank Transfer, Visa, Mastercard, PayPal, Skrill, Neteller. Withdrawal methods: Bank Transfer, Visa, Mastercard, PayPal, Skrill, Neteller.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Yes. Scalping allowed: Yes. Algorithmic trading allowed: Yes. News trading allowed: Yes. Hedging: not specified. These conditions were compiled from public information and have not yet been confirmed by the broker.
Client-money rules follow the regulator of the entity that holds your account: ASIC: Held in segregated client trust accounts under the Corporations Act. Compensation: No central scheme; AFCA handles disputes. FCA: Segregated in ring-fenced client accounts under the CASS rules. Compensation: FSCS — up to £85,000 per client. CySEC: Segregated under MiFID II client-asset rules. Compensation: ICF — up to €20,000 per client.
Complaints and dispute process
Formal complaints: customerservice@eightcap.com. Phone: +61 3 8375 9700. Complaints can be submitted by email, telephone or LiveChat. Eightcap's complaints procedure starts with customer support, with unresolved matters escalated for further investigation.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: Raw spreads from 0.0 pips
- Strength: Competitive $3.50 commission per lot on Raw accounts
- Strength: MT4, MT5 and TradingView support
- Strength: 800+ CFD markets
- Strength: Regulated by ASIC, FCA and CySEC
- Strength: Additional offshore regulation through SCB and Seychelles FSA
- Strength: Supports cryptocurrency CFDs
- Strength: Established broker operating since 2009
- Limitation: Maximum leverage is restricted to 1:30 for several major retail-regulated jurisdictions
- Limitation: Leverage and product availability vary by legal entity and jurisdiction
- Limitation: Cryptocurrency availability varies by jurisdiction
- Limitation: Some features and instruments are not available to all clients
- Limitation: Offshore entities provide different regulatory protections from ASIC/FCA/CySEC entities
Who this broker suits, and who it does not
Eightcap is most relevant to traders looking for: Scalpers, Low Spreads, MetaTrader, TradingView, Crypto Traders.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence but would be onboarded by an offshore entity, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
Eightcap change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for Eightcap yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about Eightcap
Data sources. Broker submission, the regulator registers linked above, Eightcap published AFSL 391441; to re-confirm on ASIC Professional Registers, web-archive and domain records, and third-party traffic data. Last register check 2026-07-26. External ratings: Trustpilot 4.1/5; WikiFX 8.5/10; Forex Peace Army 2.07/5; FX Empire 4.5/5; Google Play Store N/A/N/A; Apple App Store N/A/N/A.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We have no commercial relationship with Eightcap. How we make money. Trading leveraged products carries a high risk of loss.