---

title: "Eightcap Review: The Broker Behind the Prop Firm Boom" description: "Before the 2024 MetaQuotes crackdown, Eightcap was the silent engine powering the entire prop firm industry. We review their spreads, crypto offerings, and TradingView execution." author: "AlphaTradeCircle Research Team" date: "2026-06-21"

Eightcap Review: The Broker Behind the Prop Firm Boom

If you traded with a proprietary trading firm at any point between 2020 and 2024, there is a 90% chance you were trading on Eightcap's liquidity servers, even if you didn't know it.

Eightcap was the silent giant of the retail trading industry. While other brokers spent millions on flashy sports sponsorships, Eightcap focused entirely on building an elite B2B (Business-to-Business) liquidity infrastructure. They became the primary backend broker for almost every major prop firm in existence, including industry titans like FundedNext and The5ers.

However, following the massive US regulatory crackdown in early 2024, Eightcap abruptly terminated their relationships with all prop firms to protect their own regulatory licenses.

With their massive prop firm volume gone, Eightcap has aggressively pivoted back to the retail B2C (Business-to-Consumer) market. They are now competing directly against IC Markets and Pepperstone for your personal capital.

But can the "King of Prop Firms" actually compete as a retail broker? In this review, we break down their TradingView integration, their massive Crypto CFD library, and their raw spread accounts to determine if Eightcap is the right home for your personal funds.

Ready to trade with the broker that powered the prop firm industry? Open your Eightcap Account Here.

Eightcap Pros & Cons Summary

---

1. The Crypto CFD Advantage

If you trade standard Forex pairs, Eightcap's spreads are highly competitive (averaging 0.0 to 0.1 pips on the EUR/USD Raw account). However, their true advantage lies in their Cryptocurrency CFD offerings.

Most traditional forex brokers only offer 5 to 10 major crypto assets (Bitcoin, Ethereum, Litecoin) with absolutely horrific spreads. They view crypto as a novelty, not a primary asset class.

Eightcap treats crypto differently. They offer over 250 Cryptocurrency CFDs, including altcoins, DeFi tokens, and meme coins that are usually only available on unregulated offshore crypto exchanges.

Why trade Crypto CFDs instead of actual Crypto?

1. Leverage: You can trade Bitcoin with up to 20:1 leverage, allowing you to maximize your capital efficiency during bull runs. (Read our guide on Crypto Broker Selection for more details).
2. Short Selling: Selling actual crypto on an exchange requires complex margin borrowing. On Eightcap, you can short-sell Bitcoin with a single click, exactly like a Forex pair.
3. Security: You do not have to worry about cold wallets, seed phrases, or exchange hacks. You are trading price contracts regulated by tier-1 financial authorities.

The Altcoin CFD Spread Breakdown

To understand just how deep Eightcap's crypto liquidity goes, here is a sampling of their current average spreads on highly volatile crypto assets during peak New York hours:

By offering tight institutional spreads on assets like Solana and Dogecoin, Eightcap allows you to scalp the extreme volatility of crypto using standard MetaTrader or TradingView infrastructure, without the catastrophic slippage you experience on decentralized exchanges like Uniswap.

---

2. TradingView Native Execution

Just like Pepperstone, Eightcap recognized that the MetaTrader ecosystem is dying. They have fully integrated their backend liquidity directly into TradingView.

You can connect your Eightcap account to TradingView and execute trades natively on the chart. (If you want to master this setup, read our Brokers with TradingView Integration guide).

This integration is incredibly smooth. If you are tracking a volatile altcoin breakout, you can use your custom Pine Script indicators to trigger alerts, and instantly click "Buy Market" on the Eightcap panel inside TradingView. You never have to switch windows, ensuring you capture the exact entry price.

---

3. The Raw Account: Built for Scalpers

If you are trading on Eightcap, you must ignore their Standard account and open a Raw Account.

The Raw Account provides Direct Market Access (DMA) to their top-tier liquidity pools. Because Eightcap spent years building infrastructure capable of handling the colossal volume generated by prop firms, their servers are highly optimized for algorithmic trading and scalping.

• The Spread: You will experience 0.0 pip spreads on major pairs like EUR/USD and AUD/USD during peak market hours.
• The Commission: Eightcap charges a standard commission of $3.50 per standard lot ($7.00 round trip). This perfectly matches the industry standard set by IC Markets and Pepperstone.

They also offer massive VPS (Virtual Private Server) sponsorships. If you run algorithmic EAs on MT4 or MT5, Eightcap will provide you with a free ForexVPS subscription (provided you meet a minimum monthly trading volume), guaranteeing you sub-1 millisecond execution latency.

---

4. Regulation: Strict Compliance

The primary reason Eightcap abandoned the prop firm industry was to protect their regulatory licenses. They proved that they value compliance over short-term profits.

Eightcap is regulated by multiple respected authorities:

• ASIC (Australia): Ensuring strict capital requirements and segregated trust accounts for client funds.
• FCA (United Kingdom): Providing top-tier oversight and financial protection for UK residents.
• SCB (Bahamas): Their offshore entity for global clients seeking higher leverage (up to 500:1).

Because they are deeply embedded in the traditional financial system, your funds are significantly safer with Eightcap than with an unregulated offshore crypto exchange.

---

5. Comprehensive Eightcap FAQ

Q: Is Eightcap still partnered with Prop Firms? A: Following the US regulatory crackdown in early 2024, Eightcap severed ties with almost all retail prop firms to protect their own brokerage licenses.

Q: Can I connect Eightcap to TradingView? A: Yes, absolutely. Eightcap is one of the premier brokers natively integrated into the TradingView broker panel for direct on-chart execution.

Q: Do they offer MetaTrader 4 and 5? A: Yes, both MT4 and MT5 are fully supported alongside TradingView.

Q: What is the minimum deposit? A: The standard minimum deposit is $100 USD.

Q: Can I trade Crypto over the weekend? A: Yes, Cryptocurrency CFDs are available to trade 24/7 on Eightcap, allowing you to capture weekend volatility.

Q: Are US citizens accepted? A: No, Eightcap does not accept clients from the United States.

Q: Do they offer a Raw Spread account? A: Yes, their Raw Account offers spreads from 0.0 pips with a $3.50 commission per lot, perfect for scalping.

Q: Does Eightcap allow Expert Advisors (EAs)? A: Yes, algorithmic trading via EAs is fully supported on their MetaTrader servers with no restrictions.

Q: How do they handle withdrawals? A: Withdrawals can be processed via Bank Wire, Credit/Debit cards, PayPal, Skrill, Neteller, and Crypto.

Q: Is my money safe with Eightcap? A: Yes. They are heavily regulated by Tier-1 authorities like ASIC and the FCA, requiring them to hold your capital in segregated trust accounts.

---

6. Final Verdict: Should You Use Eightcap?

Eightcap is an elite, institutional-grade broker that has successfully transitioned its massive prop firm infrastructure into a retail powerhouse.

If you strictly trade Forex, they are a fantastic alternative to IC Markets, offering the exact same 0.0 pip spreads and $7.00 commissions.

However, if you trade Cryptocurrency, Eightcap is unquestionably the best CFD broker on the market. By combining a library of over 250 crypto assets with native TradingView execution and the safety of ASIC regulation, Eightcap provides an unparalleled environment for the modern crypto day trader.

👉 Ready to trade Crypto CFDs on TradingView?
Open your Eightcap Raw Account Here.