Eightcap Review UK 2026 (FCA Regulated)

Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Eightcap scores 72/100 in our testing. This review is based on a live UK account, opened at the broker's FCA-authorised entity, funded in GBP and traded. The EUR/USD, GBP/USD and EUR/GBP spread figures shown are modal values recorded on that account across three trading days in July 2026.

A very tight raw spread pairs with a strong TradingView integration, a real cost contender for UK traders who chart. Eightcap Group Ltd is FCA-authorised (FRN 921296) since 2024, a shorter UK track record than IG or CMC, stated here plainly. Its Raw account tested at 0.1 pips on EUR/USD with £2.25 per lot, per side.

Cost-aware traders who chart on TradingView and run MT4 or MT5 get the strongest fit. Traders who weight a long UK regulatory record above cost may prefer an older-established name.

Safety note: the FCA has issued a clone-firm alert for an unauthorised site impersonating Eightcap. Only use eightcap.com and confirm FRN 921296 on the FCA register before depositing. Treat the FRN as the firm’s only authorisation marker.

Eightcap quick facts

Eightcap Group Ltd holds its own FCA authorisation, and the table below collects the figures a UK trader checks first.

Trading costs and fees

Eightcap splits its pricing between a raw account and a commission-free one, and the raw account is why cost-led traders look here. The spreads below are tested modal values, the most frequent spread David Levy recorded on a live UK account across three trading days in July 2026 rather than a broker “from” figure. We document our spread-recording protocol and the evidence tier this review carries.

Raw account costs

Raw is the cost-led tier. EUR/USD tested at 0.1 pips and GBP/USD at 0.2 pips, with commission of £2.25 per lot, per side, billed natively in pounds on a GBP account. One standard lot of EUR/USD costs roughly £5.29 all in: about £0.79 of tested spread plus £4.50 of round-turn commission. That figure sits level with Pepperstone’s Razor account.

Standard account costs

The commission-free TradingView account folds the whole cost into the spread. EUR/USD tested at 1.0 pips and GBP/USD at 1.3 pips, which puts one standard lot of EUR/USD near £7.85, all of it spread. It suits a trader who wants one number rather than the lowest number.

Raw vs Standard: which costs less

Raw costs less for anyone trading with any regularity. On one EUR/USD lot the tested figures give Raw about £5.29 against roughly £7.85 commission-free, so Raw wins by around a third even carrying a visible fee. Add the commission to the raw spread before comparing the two, because the spread alone always flatters the raw account.

Other fees UK traders should check

Eightcap’s costs beyond the spread are the ones worth checking on its current schedule before you fund. The Raw commission is per side, so a round turn is £4.50 rather than £2.25. Funding in a currency other than your account currency picks up a conversion cost on each conversion, which matters for a UK trader funding in pounds and trading dollar-denominated instruments. Confirm the withdrawal and dormancy terms on the broker’s current schedule, because those move more often than headline pricing does.

Trading platforms

Eightcap runs MT4, MT5 and a well-built TradingView integration, the last being its genuine differentiator. There is no cTrader. All three were live on the UK entity at our last check (10 July 2026).

TradingView

TradingView is the reason to choose Eightcap over a cheaper raw rival. The integration is native rather than a bridge, so charting and order entry share one window, and funding an account unlocks a TradingView Plus plan worth £33.95 a month while you place at least one trade a month (broker site, accessed 10 July 2026). See our TradingView broker guide for the native integrations.

MetaTrader 4

MT4 runs on both account tiers and remains the default for expert advisors. Traders porting an existing EA land here. UK brokers offering MT4 are ranked together.

MetaTrader 5

MT5 adds timeframes, order types and depth of market over MT4, and it is the better MetaTrader pick for a trader starting fresh. See our MT5 broker guide for the alternatives.

Mobile apps

Eightcap’s mobile apps handle account management and simple order entry alongside the MetaTrader and TradingView mobile clients. They are a companion to the desktop platforms rather than a replacement.

Trust and safety

Eightcap is FCA regulated, and Eightcap Group Ltd holds its own authorisation rather than passporting one.

FCA regulation and global licences

Eightcap Group Ltd is authorised and regulated by the FCA under FRN 921296 (FCA register, checked 15 July 2026), authorised since 2024. That is a shorter UK record than IG or CMC carry, and it is the main reason the broker sits where it does in our ranking rather than higher. The wider Eightcap group is regulated in other jurisdictions, but only the FCA-authorised UK entity serves UK retail clients. Raw-account orders route straight through to Eightcap’s liquidity providers with no dealing-desk intervention on that tier.

Client money, FSCS and negative balance protection

Eightcap runs the UK offer through an FCA-authorised company, and the protections below attach to it rather than to the group. Client money is held in segregated accounts under the FCA’s CASS rules, separate from the firm’s own funds. Negative balance protection applies to retail CFD accounts, so a position cannot leave you owing more than your balance. If the firm failed, FSCS cover runs up to £85,000 per eligible person, covering shortfalls in client money and assets rather than trading losses. Unresolved disputes reach the Financial Ombudsman Service, and its award limits sit in our FCA regulation explainer.

History and ownership

Eightcap was founded in Melbourne in 2009 and built its UK presence far more recently, taking FCA authorisation in 2024. The group is privately held. The short UK tenure is a genuine mark against it next to a listed parent like CMC Markets, and we weight it that way rather than treating the global history as a UK record.

Public reviews

Trustpilot rates Eightcap 4.1 out of 5 from 3,796 reviews (Trustpilot profile, captured July 2026). That sits mid-table among the FCA-regulated brokers we cover, where the range runs from 1.8 to 4.6. Read it as a brand-level signal rather than a UK verdict: Trustpilot profiles cover the whole brand across every market it serves, not the FCA-authorised UK entity on its own. Scores also move, so treat the figure as a July 2026 snapshot.

Account types and minimum deposit

Eightcap runs two retail account tiers, and the choice between them is purely a cost decision.

Account options for UK clients

Raw carries a raw spread plus commission; the TradingView account folds the cost into a wider spread at no commission. Both run the same instrument range. Eightcap does not offer a spread betting account on the UK entity, so CFD profits fall within capital gains tax. Tax treatment depends on your individual circumstances and can change.

Minimum deposit

The minimum deposit at Eightcap is £100. Funding an account also unlocks a TradingView Plus plan worth £33.95 a month, which stays active while you place at least one trade a month.

Funding and withdrawals

Eightcap funds a UK account by card and bank transfer, with the £100 minimum applying at the first deposit.

Deposit methods (UK clients)

UK clients fund by debit card and bank transfer. The £100 minimum applies to the opening deposit (broker site, accessed 10 July 2026). Confirm the current method list on the broker’s site before funding, because payment rails change more often than pricing.

Withdrawals

Withdrawals return to the method the money came from, a standard anti-fraud control, and final settlement depends on the receiving bank. Check Eightcap’s current schedule for any per-method withdrawal charge before you rely on a figure.

Account opening

Opening is online, with identity and address verification under the FCA’s client-onboarding rules. The £100 minimum means a UK trader funds at the point of opening rather than testing the live account for free.

Product range

Eightcap covers forex, indices, commodities and share CFDs, and forex is where the raw pricing does the work. Each class gets its own depth on the CFD broker guide.

Forex pairs

Forex is the depth of the offer and the reason the Raw account exists. A tested EUR/USD of 0.1 pips sits at the tight end of the FCA-regulated field, and the pair range runs past the majors into crosses where the spread widens.

Crypto is Eightcap’s global headline, which makes the UK position the first question a reader here asks. The FCA banned the sale of crypto derivatives to UK retail consumers from 6 January 2021. The markets table above states the retail unavailability in the crypto row, and no crypto tier appears in the leverage list because the FCA caps do not include one.

Leverage for UK traders

Retail leverage at Eightcap follows the FCA’s standardised caps rather than anything the broker sets. The caps below are FCA rules rather than broker policy, and our guide to retail leverage covers the margin effect.

Customer service

Eightcap’s support runs by live chat and email, with UK-entity queries handled through the same desk as the global brand.

Given the 2024 UK authorisation, Eightcap’s service carries a shorter track record than the long-established names in this set, so we describe the channels from published information rather than a long history of UK contact.

Research and education

Eightcap’s research leans on the platforms rather than a large in-house desk: an economic calendar, in-platform news and periodic market updates support day-to-day trading. The funded TradingView Plus plan, worth £33.95 a month while you trade monthly, doubles as a charting and research tool and is the standout here. Education is serviceable rather than a differentiator, aimed mainly at MT4, MT5 and TradingView users getting set up.

How Eightcap compares to alternatives

The our broker reviews ranks the full UK set; the closest calls against Eightcap are these.

Pepperstone’s UK review covers the broader platform case at the same all-in cost, while traders chasing the lowest per-lot fee should read how Tickmill prices its raw account. If regulatory tenure is what you weight, IG’s much longer UK record is the counterweight. The lowest spread guide compares raw pricing across the set, and OANDA is the other in-set broker pairing TradingView with tight forex spreads.

Should you open an account with Eightcap?

Yes, for TradingView-first traders who want a tested raw account without giving up MT4 or MT5. Our ranking of UK forex brokers covers the wider field.

Not for traders who weight regulatory tenure. The UK authorisation dates to 2024, and its global crypto headline does not exist for UK retail.

Open a demo before you fund a live account; our demo trading guide covers what to look for. If that fit matches how you trade, open an Eightcap demo account before funding a live one (affiliate link, see our advertiser disclosure).