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Reviewed broker: Eightcap

Established in 2009

Location: Australia

Regulation: ASIC

ECN: yes

STP: yes

No dealing desk: yes

USA traders: not allowed

Spread types: fixed, variable

Variable spreads start from 1 pip

Fixed spreads start from 0 pip

Commissions: starting from $3.5 per standard lot traded

Currency pairs: 42

Mobile trading: yes

One click trading: yes

Scaling: allowed

Hedging: allowed

Maximum leverage 1:500

Minimum trade size: 0.01

Demo account: yes (limited to 30 days)

No limit on open positions: yes

Trading platform: Metatrader 4

Real time charts: yes

Account types: standard, raw

Payment methods: wire transfer, credit cards, skrill

Customer Support: phone, email

 

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