Are you considering adding Eightcap to your broker list? Before you do, make sure you've read the information below to make sure this broker is a good fit for you. This comprehensive eightcap review will help you understand the platform's pros and cons to decide which trading site is best for your needs. Let's get this party started!
Eightcap - what is it?
A forex broker called EightCap provides reasonable spreads and appealing currency combinations. Although they have yet to take on new clients, it would be wise to keep an eye on them in the future. If you're interested in learning more about this broker, visit their website or read our brief reviews of some of the other well-known players in the market, such as PayPal Forex Brokers, FBS, or InteractiveBrokers.
Features of Eightcap
The broker Eightcap review has many outstanding features, like competitive trading terms, PayPal connection, and support for different languages. Additionally, it features a minimal spread and great liquidity. Despite the user interface's lack of modernity, it is nonetheless simple enough to use. Additionally, they provide free demo accounts, so you can test their platform before spending any money. Eightcap may be the perfect fit for you if you're seeking a reputable forex broker with excellent customer care, a variety of deposit options, and other advantages.
Reasons to Trade with Eightcap
Eightcap is a well-regarded derivatives broker, and there are several advantages to working with them to fulfill your trading requirements. The broker provides 24/7/365 customized customer service to all of its clients. When you establish an account with Eightcap, you are given an account manager who will be by your side throughout the trading process.
You can contact Eightcap via phone, email, or live chat to speak with a support specialist if you require more assistance or have a question that needs to be addressed. English, Chinese, Thai, Korean, French, Spanish, Italian, German, Vietnamese, Portuguese, and Bahasa are a few of the languages supported.
Market Opportunities Worldwide
You can trade more than 1000 financial instruments with Eightcap. Forex, indices, shares, commodities, and cryptocurrency derivatives are among the financial instruments available. The broker launched over 300 bitcoin futures last year, including crosses, indexes, and alternative coins. The main reason traders prefer to utilize Eightcap when trading cryptocurrency futures is this offering and the broker's tight spreads.
For forex traders to open positions, the broker provides more than 45 currency pairs, including major, minor, and exotic pairs. Along with stock derivatives, Eightcap provides products for some of the biggest US, European, and Australian corporations, such as Apple, Netflix, Commonwealth Bank, and others. Eightcap offers Gold, Oil, and Silver CFDs to expand your trading portfolio with important commodities. The biggest stock indexes in the world, including the US30, AUS200, and SPX500, can also be traded with Eightcap.
Integration with TradingView
Over 30 million traders use TradingView, the world's largest social network and charting platform. With the recent combination of Eightcap and TradingView, clients of Eightcap now have access to all of TradingView's services. For instance, the platform's customizable charts will allow traders to spot and examine trading patterns. Another benefit is that Eightcap customers will access a wealth of trade ideas by joining TradingView's trading community.
Unbeatable Prices
Since it was initially founded, Eightcap has consistently been among the finest in the business. Pricing for Eightcap is compiled from several premier liquidity sources. The broker has made brash boasts regarding its spreads and zero-commission trading account. We can conclude from examining the price that Eightcap clients receive the finest value compared to the other most well-known forex brokers on the market.
Eightcap offers the finest spreads for trading cryptocurrencies, and the broker offers extremely low costs for trading Bitcoin. Depending on the state of the market, a trader will pay between $8 and $12 to open a position on an Eightcap BTC contract. Eightcap is, on average, 500% less expensive than other CFD providers and 1000% less expensive than popular top crypto exchanges. For a customer to trade an ETH contract with their raw account, the broker gives a spread of $1.65. The broker also provides zero-commission trading accounts, which are ideal for investors who don't want to pay commissions.
Deposits and withdrawals are quick and easy
The deposit and withdrawal processes at Eightcap are quick, safe, and simple. They provide an enormous selection of payment options for both deposits and withdrawals. PayPal, Bitcoin, Tether, Credit/Debit Cards, POLi Payment, Bank Wire, BPAY, China UnionPay, Skrill, Neteller, Worldpay, Fasapay, PayRetailers, and PSP, are among the methods that fall under this category.
Regulation Across Multiple Jurisdictions
Eightcap is subject to regulation in several countries. The Financial Conduct Authority (FCA), the Cyprus Securities and Exchange Commission (CySEC), the Australian Securities and Investments Commission (ASIC), and the Securities Commission of The Bahamas all regulate the Eightcap Group (SCB). All client money is held at Tier 1 institutions and kept separate from Eightcap's funds.
What is a PayPal forex broker?
PayPal offers more than just payment processing. For those with a PayPal account, this financial service also provides an online forex broker platform, facilitating trading and enhancing accessibility. Traders worldwide use forex brokers, and with so many alternatives available, it can take time to decide which one is best.
Best Forex Brokers for PayPal
Traders Union's objective is to give our members useful, unbiased knowledge and education so they can feel more at ease when investing in their futures. We considered more than simply regulation when we set out to produce a list of the top 12 Paypal Forex brokers of 2017. Some people use foreign brokers to avoid regulatory interference in their trading, although this could lead to more slippage. Which Forex firms accept Paypal, then?
Conclusion
There are several positive aspects of the eightcap review. You can always go right with this broker if you search for more than a test account. The trading platform is dependable, the assistance is prompt and helpful, and there are many different kinds of accounts to choose from.
