Desk file · 2026 edition · record confidence: high
Eightcap
We opened the file on Eightcap the way we open every file: register first, marketing never. Trading since 2009, run out of Melbourne, Australia, and carrying 6 licence entries on the public record, 2 of them tier-1. Opened under the ASIC entity.
What the two desk scores say
Both are out of 10 and both are computed, not felt.
| Cost score | Priced off the spread basis below, not off a headline rate card. | 10.0 |
|---|---|---|
| Safety score | Weighted on licence tier and on how many of the entries we could re-read at source. | 8.2 |
| Cost per 10 lots | Ten round-turn EUR/USD lots priced at the spread basis, commission excluded. | $10.00 |
Spread basis. sampled EUR/USD average on the tightest retail account. Nothing on this page is a live quote; a spread printed on a Tuesday afternoon is not the spread you get thirty seconds after a non-farm payroll release.
Licence entries, one row per entity
Every row links to the document we read it from.
| Regulator | Licence no. | Jurisdiction | Tier | Licensed entity | Source |
|---|---|---|---|---|---|
| ASIC | AFSL 391441 | Australia | T1 | Eightcap Pty Ltd | eightcap.com |
| FCA | 921296 | United Kingdom | T1 | Eightcap Group Ltd | eightcap.com |
| CySEC | 246/14 | Cyprus | T2 | Eightcap EU Ltd | eightcap.com |
| SCB Bahamas | SIA-F220 | Bahamas | T3 | Eightcap Global Limited | eightcap.com |
| FSA Seychelles | SD100 | Seychelles | T3 | Eightcap International Ltd | eightcap.com |
| FSC Mauritius | GB25204603 | Mauritius | T3 | Eightcap International Trading | eightcap.com |
Which entity actually holds your money is decided at signup, by the country on your application — not by the strongest licence in this table. Read the client agreement you are handed, then match the entity name against the row above.
What we were able to confirm
Confirmed at source
- Eightcap discloses six regulated entities: Australia (ASIC), UK (FCA), Cyprus (CySEC), Bahamas (SCB), Seychelles (FSA) and Mauritius (FSC).
- Both the Standard and Raw accounts list a $100 minimum deposit; the Standard account quotes spreads from 1.0 pips.
- Eightcap Pty Ltd is registered under ABN 73 139 495 944 with an office at 525 Collins Street, Melbourne.
- The Mauritius entity's licence number is GB25204603 under registration number 227050.
- The FCA warning published 2 January 2024 identifies Eightcap VIP / eightcap.vip as a clone firm and says it has no connection with Eightcap Group Ltd (FRN 921296), the genuine authorised firm (https://www.fca.org.uk/news/warnings/eightcap-vip-eightcapvip-clone-fca-authorised-firm).
Not verified
The following could not be traced to a primary source at the time of filing. We publish the gap rather than a number that would look tidier:
- exact maximum leverage per offshore entity
| Founded | 2009 |
| Head office | Melbourne, Australia |
| Minimum deposit | $100 |
| Leverage cap | 1:30 retail under ASIC/FCA/CySEC; up to 1:500 under offshore entities |
| EUR/USD | 0.10 pips |
| Tier-1 entries | 2 |
| Record confidence | high |
Platforms and account types on file
Platforms
Account types
Markets
Other records open on the desk
CFDs are complex instruments with a high risk of losing money rapidly due to leverage. A desk file is a record of what the public register said on the day we read it, not a recommendation to open an account.