EightCap
Eightcap is a Melbourne-headquartered multi-jurisdictional CFD broker serving retail, professional and B2B clients across 140+ countries with 850+ assets on MT4, MT5, TradingView and TradeLocker, monetised via spread/commission revenue, a prop trading suite (Eightcap Challenges) and a B2B multi-asset API (Eightcap Embedded).
- Company typePrivate
- Founded2015
- HeadquartersMelbourne, Australia
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What EightCap does
Eightcap is a Melbourne-headquartered, privately held multi-jurisdictional CFD broker founded in 2009 (operating entity incorporated 2015), serving retail and professional traders globally through seven regulated entities across ASIC (Australia), FCA (UK), CySEC (Cyprus), SCB (Bahamas), Seychelles FSA and Mauritius FSC. The company operates 8 global offices with 240+ employees and serves traders in 140+ countries, offering access to 850+ assets across forex, indices, commodities, shares and cryptocurrencies through four integrated trading platforms: MetaTrader 4, MetaTrader 5, TradingView and TradeLocker. Beyond its core retail brokerage, Eightcap operates three monetisation layers: (i) Eightcap Embedded, a B2B multi-asset Trading API enabling fintechs, exchanges and digital platforms (with named customer Swyftx) to embed crypto, FX, indices, equities and metals derivatives via a single integration under a tiered revenue-share model; (ii) Eightcap Challenges, a broker-backed prop trading product offering One Phase ($69-$1,299) and Two Phase ($59-$1,199) evaluations with 80-90% profit splits, alongside market-first Day Trader Challenges (1-8 hour sessions, from $5, same-day payouts) launched in November 2025; and (iii) Eightcap Partners, a four-track channel program (Introducing Brokers, Affiliates, Prop Affiliates, Influencers) with rebates up to 50% of brokerage fees and CPAs up to $600.
Eightcap's technology stack combines licensed third-party platform integrations (MT4/MT5 via MetaQuotes servers, TradingView broker integration recognised as Most Reliable Tech at the TradingView Broker Awards 2025, TradeLocker with embedded TradingView charts) with proprietary infrastructure on AWS, including an AI-powered Economic Calendar (with Anthropic as disclosed AI technology partner), FlashTrader execution tooling, and the Eightcap Embedded Single API. Payments and banking rails are diversified across Visa, Mastercard, PayPal, Skrill, Neteller, BPAY, Worldpay and — most recently — Orbital's stablecoin-based infrastructure supporting cross-border settlement in 120+ countries. Supporting infrastructure partners include NAB, CBA, Barclays and J.P. Morgan (the latter providing segregated custody for Eightcap Challenges client funds), with professional services support from EY.
The revenue model is primarily transaction-based: bid/ask spreads (from 0.0 pips on Raw accounts) and commissions on retail and professional CFD trading form the core stream, supplemented by B2B revenue share from Embedded API partners, one-time entry fees and add-ons from prop trading Challenges, and partner-driven indirect revenue. The only disclosed revenue figure is for the FCA-regulated UK entity (Eightcap Group Ltd) at £3.55 million over a 16-month period; consolidated group revenue is not publicly disclosed. Geographic reach and product breadth have expanded materially in 2025-2026 alongside awards recognition (#2 Forex Broker Worldwide 2026, Best in Class for Crypto Trading 2026, #1 Best TradingView/CFD/Crypto/Raw Spreads Broker 2026), positioning Eightcap in the upper tier of multi-jurisdictional retail CFD brokers.
EightCap firmographics
Firmographics- Name
- EightCap
- Legal name
- Eightcap Pty Ltd
- Website
- https://eightcap.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Eightcap is a Melbourne-headquartered multi-jurisdictional CFD broker serving retail, professional and B2B clients across 140+ countries with 850+ assets on MT4, MT5, TradingView and TradeLocker, monetised via spread/commission revenue, a prop trading suite (Eightcap Challenges) and a B2B multi-asset API (Eightcap Embedded).
- Ownership category
- akta.pro rank
EightCap industry classification
Industry- Product category
- CFD Brokerage
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Investment Banking and Securities Intermediation (52315)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Equities Trade Execution Platforms (ATS/MTF/ECN) (FSAFANAA)
- akta.pro secondary industry
- Stock Borrow/Loan (Equities Securities Lending) (FSACAFAD)
Keywords
Where EightCap is headquartered
LocationHeadquarters
- HQ city
- Melbourne
- HQ country
- Australia
- HQ region
- Oceania
Offices7 records
Markets served
EightCap business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- CFD Spread & Commission Revenue: Primary revenue stream earned on bid/ask spreads (from 0.0 pips on Raw accounts) and commissions on retail and professional CFD trading across forex, indices, commodities, shares and crypto.
- Eightcap Embedded Revenue Share (B2B API): Tiered performance-based revenue share from fintechs, exchanges and digital platforms integrating Eightcap's multi-asset trading API. No upfront integration fees; monetised via spread/commission share on end-customer trading volume.
- Eightcap Challenges (Prop Trading) Entry Fees: One-time entry fees for simulated prop trading challenges (One Phase from $69, Two Phase from $59, Day Trader Challenges from $5 to $500); profit split add-ons (up to 90%) and add-on purchases (insurance, earlier payouts) generate additional revenue.
- Partner/IB/Affiliate Program Distribution: Indirect revenue through Introducing Brokers (rebates up to 50% of brokerage fee), Affiliates (CPAs up to $600), Prop affiliates and Influencers who refer clients and earn commissions.
- Stablecoin Payments Rails (Orbital): Use of Orbital's stablecoin payment infrastructure to facilitate cross-border funding and settlement for trading clients, particularly in emerging markets with limited banking access.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | CFD trading spreads and commissions (Raw and Standard accounts) |
| One time/ perpetual license | Pay-as-you-go | Eightcap Challenges — One Phase, Two Phase and Day Trader |
| Other | Pay-as-you-go | Eightcap Embedded (B2B API) — quote-based |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels8 records
EightCap product offering
Product offeringCore offering
Eightcap is a globally regulated CFD brokerage giving retail traders access to 850+ assets across forex, indices, commodities, shares and cryptocurrencies via MetaTrader 4, MetaTrader 5, TradingView and TradeLocker platforms. Around this core, Eightcap sells Eightcap Embedded, a B2B multi-asset trading API for fintechs and platforms, and Eightcap Challenges, a broker-backed prop trading suite offering One Phase, Two Phase and Day Trader Challenges for funded simulated trading capital.
Product overview
Eightcap operates a platform-plus-modules architecture centered on its core retail CFD brokerage (the Eightcap CFD Trading platform offering 800+ markets across forex, indices, commodities, shares and crypto). Around this core, Eightcap provides four integrated trading platform integrations (MetaTrader 4, MetaTrader 5, TradingView, TradeLocker) plus proprietary value-add modules: Eightcap Challenges — a broker-backed prop trading suite comprising One Phase, Two Phase and Day Trader Challenges — and Eightcap Embedded, a B2B multi-asset Trading API for fintechs and digital platforms. Supporting modules include the Eightcap Partners affiliate/IB program, an AI-powered Economic Calendar, the FlashTrader automation tool, and a demo account, all of which extend the core brokerage rather than standing alone.
Differentiator
Problem solved
Functional benefit
Brands
- Eightcap Challenges: Broker-operated prop trading brand offering One Phase, Two Phase and Day Trader simulated trading challenges via challenges.eightcap.com.
- Eightcap Embedded
- Eightcap Partners
Products and services
- Eightcap CFD Trading (Retail Brokerage) Eightcap's core retail offering: a globally regulated CFD brokerage giving traders access to 850+ assets across 800+ CFD markets (forex, indices, commodities, cryptos, shares) with lightning-fast execution, competitive spreads, Raw and Standard account types, and 24/5 multilingual support.
- Eightcap Embedded (Multi-Asset Trading API) A multi-asset Trading API for fintechs, exchanges and digital platforms that lets clients embed crypto, FX, indices, equities and metals derivatives trading into their own products via a single API integration, with tiered revenue share and no upfront integration fees. Powers partners such as Swyftx.
- Eightcap Challenges (Prop Trading) Eightcap's broker-backed prop trading firm offering One-Phase and Two-Phase simulated trading evaluations with $5K–$200K accounts, profit splits up to 80–90%, scaling up to $1M and access to 800+ assets on MT4, MT5, TradeLocker and TradingView.
- Day Trader Challenges A market-first prop trading product within Eightcap Challenges offering customizable short-duration (1, 2, 4 and 8 hour) sessions with trader-selectable stake, duration, payout multiplier and platform; same-day payouts starting from $5.
Quantifiable outcome
- Ranked #2 in the Top 10 Forex Brokers Worldwide (CompareForexBrokers 2026); scored 96/100
- +3 more outcomes
Companies that use EightCap
Customer profileNamed customers1 record
Segments5 records
Ideal customer profiles4 records
EightCap technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration15 records
AI capability3 records
Feature6 records
EightCap partnerships and signals
Strategic signalPartnerships
19 partnerships are on record, tiered core, flagship and minor.
- Propinder (FXStreet)coreEightcap Challenges joined Propinder (powered by FXStreet) as a launch partner. Propinder is a free prop trading challenge finder backed by FXStreet's 25 years of industry reputation. Eightcap Challenges is now discoverable through Propinder's profile-based finder, with prices starting at $5.
- OrbitalcoreDeepened partnership announced 5 December 2025 to support stablecoin payments for global trading. The integration facilitates transactions across more than 120 countries and enhances funding, settlement and operational infrastructure. Usage of stablecoin payments by Eightcap has grown significantly, especially in markets with limited traditional banking access.
- TradingViewflagshipOfficial TradingView broker partner since at least 2025; integration allows Eightcap traders to analyse and trade from TradingView's charts directly. Eightcap was awarded 'Most Reliable Tech' at the TradingView Broker Awards 2025 and named Best TradingView Broker for 2025 by DayTrading.com. The companies also celebrated success at an exclusive London event.
- A1 TradingminorEightcap partner since 2022 per partner testimonial; partner cites 'Eightcap team's innovation, and their competitive offers to their partners' as reasons for ongoing collaboration.
- Brokerchooser.comminorEightcap partner since March 2021; cites transparent communication, reliable collaboration, and consistent focus on long-term partnership.
- Gabriele LopreviteminorIndividual Eightcap partner since 2021 citing dedicated partner manager support, competitive commissions and flexible remuneration.
- ForexBrokers.comcoreEightcap partner since 2020; the relationship underpins independent broker reviews and the Best in Class for Crypto Trading award in 2026.
- WorldpaycoreGlobal payments partner displayed on Eightcap's main website as part of 'Our global partners'. Supports payment processing for trader funding and withdrawals.
- SkrillcorePayment partner displayed on Eightcap's main website and on the payment options page as an accepted deposit/withdrawal method.
- PayPalcorePayment partner displayed on Eightcap's main website and on the payment options page as an accepted deposit/withdrawal method.
- AWS (Amazon Web Services)coreCloud infrastructure partner displayed on Eightcap's main website as part of 'Our global partners'. Likely provides underlying cloud infrastructure for trading platforms and services.
- AnthropiccoreAI technology partner displayed on Eightcap's main website as part of 'Our global partners'. Likely supports AI-powered features such as the AI-powered economic calendar.
- CoinDeskcoreGlobal partners displayed on Eightcap's main website. Eightcap debuted the CoinDesk20 CFD for retail traders as covered in CoinDesk media (June 2025).
- EY (Ernst & Young)minorProfessional services partner displayed on Eightcap's main website as part of 'Our global partners'. Likely provides audit, tax or consulting services.
- Daily ForexminorLong-term Eightcap partner citing proactive communication, reliable support and transparency in the partnership.
- DayTrading.comcoreEightcap partner for five years; the relationship is credited as supporting 'Best TradingView Broker for 2025' award win. Cites genuine partnership with information sharing on industry trends.
- HellosafeminorEightcap partner for more than three years; cites reliability of platform and quality of support team as drivers of the relationship.
- El SenseiminorEightcap Challenges Verified Funded Partner (1M followers across YouTube, X, TikTok, Instagram). Promotes Eightcap Challenges to a large retail trading audience.
- Instituto del TradingminorEightcap Challenges Verified Funded Partner promoting the prop trading challenges.
Scale indicators9 records
Recent moves7 records
Expansion highlights7 records
EightCap competitors and assessment
Company assessmentBroad incumbents
- OANDA: Long-established, multi-regulated forex/CFD broker with proprietary platform plus MT4/MT5 and a B2B (OANDA TMS / Currency API) offering — directly comparable to Eightcap on regulation, platform breadth and B2B/embedded services.
- IG Group: London-listed, FCA-regulated incumbent offering CFDs, spread betting and share trading across global markets. Larger, more diversified and publicly disclosed; competes directly with Eightcap in CFDs and increasingly in B2B via IG's white-label / Prime Services.
- Plus500: Publicly listed, multi-regulated CFD broker with a proprietary platform and global retail footprint. Competes with Eightcap on CFD breadth, spreads and multi-jurisdictional regulation, but lacks the third-party platform depth (TradingView/MT) that distinguishes Eightcap.
- eToro: Multi-regulated, social/copy-trading-focused broker with its own platform and listed on Nasdaq. Competes with Eightcap in retail CFDs and crypto, with overlapping content/partnership-driven marketing.
Direct peers
- Pepperstone: Melbourne-headquartered, multi-jurisdictional CFD/forex broker with a very similar product set (MT4/MT5/TradingView/cTrader), prop-trading brand (Pepperstone Prop), B2B API (Pepperstone BaaS) and overlapping geographic coverage. Closest direct competitor to Eightcap on platform, regulation and customer base.
- IC Markets: Sydney-headquartered CFD/forex broker competing head-to-head with Eightcap on Raw Spread accounts, MT4/MT5/TradingView, low-latency execution and ASIC regulation. Directly comparable product offering, customer profile and geographic footprint.
- Vantage (Vantage Markets): Australia-rooted, multi-regulated CFD broker offering MT4/MT5/TradingView/ProTrader with ECN/raw spreads and prop-style products. Closely matches Eightcap's retail proposition and APAC-centric client base.
- XM Group: Cyprus-headquartered, globally regulated CFD broker with MT4/MT5, ultra-low minimum deposits and a heavy bonus/affiliate-led acquisition model — closely comparable to Eightcap's retail CFD, multi-jurisdictional structure and partner program.
- Axi (AxiTrader): Australian-origin, ASIC/FCA-regulated CFD broker with MT4/TradingView, copy-trading and a B2B/embedded offering (Axi White Label). Comparable across regulation, platform mix and emerging B2B trading API.
Emerging players
- FTMO: Czech-headquartered prop trading firm offering simulated evaluations and funded accounts. Closest direct competitor to Eightcap Challenges including Day Trader-style formats; however, FTMO is a pure prop firm without Eightcap's underlying brokerage infrastructure.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
EightCap social profiles
Digital presenceEightCap compliance and trust
Trust signalCompliance6 records
EightCap financial estimates
Financial estimateRevenue estimate
Valuation estimate
EightCap leadership team
Management profileNumber of profiles
Profiles7 records
EightCap subsidiaries and ownership
Company hierarchySubsidiaries6 records
EightCap funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EightCap M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EightCap
What does EightCap do?
Eightcap is a globally regulated CFD brokerage giving retail traders access to 850+ assets across forex, indices, commodities, shares and cryptocurrencies via MetaTrader 4, MetaTrader 5, TradingView and TradeLocker platforms. Around this core, Eightcap sells Eightcap Embedded, a B2B multi-asset trading API for fintechs and platforms, and Eightcap Challenges, a broker-backed prop trading suite offering One Phase, Two Phase and Day Trader Challenges for funded simulated trading capital.
Is EightCap a public or private company?
EightCap is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was EightCap founded?
EightCap was founded in 2015. It employs 251 to 500 people.
Where is EightCap based?
EightCap is headquartered in Melbourne, Australia, in the Oceania region.
How does EightCap make money?
Five revenue lines are on record. CFD Spread & Commission Revenue is the primary driver. The others are eightcap Embedded Revenue Share (B2B API), eightcap Challenges (Prop Trading) Entry Fees, partner/IB/Affiliate Program Distribution and stablecoin Payments Rails (Orbital).
Who are EightCap's main competitors?
Broad incumbents on record are OANDA, IG Group, Plus500 and eToro. Direct peers are Pepperstone, IC Markets, Vantage (Vantage Markets), XM Group and Axi (AxiTrader). FTMO is listed as an emerging player.
Does EightCap have an API?
Yes. Eightcap Embedded is a partner/enterprise-facing Multi-Asset Trading API that lets fintechs, exchanges, and digital platforms embed multi-asset derivatives trading into their own products through a single API integration. It provides unified access to crypto, FX, indices, equities and metals via one connection, with deep liquidity and institutional-grade execution, no upfront integration fees, and a tiered revenue-share commercial model. API type/architecture (REST/GraphQL/webhooks) and auth details are not specified; contact is [email protected]. Developer documentation is at www.eightcap.com/en/embedded.
What industry is EightCap in?
EightCap's product category is CFD Brokerage. Its primary akta.pro industry code is FSAFANAA, Equities Trade Execution Platforms (ATS/MTF/ECN), with a secondary code of FSACAFAD, Stock Borrow/Loan (Equities Securities Lending). Its NAICS code is 523 and its SIC code is 6211.