Today we will look at another exchange intermediary operating under the name Eightcap. The company actively promotes market trading, promising its clients a wide range of financial instruments. It allows you to earn through CFD contracts for cryptocurrency, stock indices, stocks and many other assets. On the company’s website you can read about competitive advantages, but how true are these statements? The answer to this question can be found after reading the review and analyzing reliable comments.
General information about Eightcap broker
The broker promises low spreads and a wide range of investment instruments. He talks about attracting thousands of traders, successful cooperation with players from different countries. Eightcap points out important competitive advantages:
- Low spreads. There is an opportunity to trade from 0 points. Small deductions allow you to increase potential revenue. The spread level directly depends on the tariff plan and the selected financial asset.
- Simple deposit replenishment methods. You can deposit funds in one of several ways. The investor gets access to payment services, plastic cards and bank transfers. Taking into account his personal needs, he will choose the appropriate option.
- Personal service. The support service provides an individual approach. The staff is ready to help at any time of the day or night. They solve important questions and give valuable tips.
It is possible to automate market trading without using complex code. Expert Advisors are easily created and tested on a working platform without any problems. The client can automate any scenario, determining the effectiveness of the created strategy.
- Popular working platforms are at the disposal of the trader. He has access to the Metatrader systems in versions 4 and 5.
- The broker claims to receive numerous awards. He allegedly provides quality service and is trusted by many participants in the global market. These claims need to be verified.
- The investor receives 250 cryptographic instruments at his disposal. It can use both high volatility and stable tokens.
The exchange intermediary talks about an additional opportunity for enrichment. He has developed several affiliate programs for different categories of market players. A global market participant can become an introducing broker or use a white ethic. When using a referral system, you need to carefully check the reputation of the brand. If the company is engaged in criminal fraud, then cooperation with it will never bring a positive result.
Trading relationship with a broker
The intermediary company has developed only two types of accounts: raw and standard. The first option of cooperation provides for zero spreads and commissions from 3.5 US dollars per lot. The second one provides zero commissions and spreads from 1 pip. The initial deposit for both accounts is $100. The minimum trade size is from 0.01 lot, indicator programs and advisers are available.
To replenish the account, the investor can use the American or Australian dollar, European euro, pound sterling and other popular currencies. Expert Advisors can be used to automate market trading. The trader is allowed to hedge. The company guarantees its clients premium liquidity and full transparency of transactions. She talks about global market opportunities at www.eightcap.com. Testimonials from past and current clients will help clarify the situation.
Platforms on the official website of Eightcap
The exchange intermediary provides several developments for the client to choose from. Each of these programs has rich functionality and allows you to earn on world markets:
- Metatrader 4 has an intuitive interface with flexible settings. The system is able to provide uninterrupted trading, efficient work for a trader of different professional levels. It provides for the use of robotic programs and has a mobile version.
- Metatrader 5 is an improved version of the standard platform. It provides 20 time intervals and 38 technical indicators. In addition to the mobile version, there is a browser version. The system does not require downloading, access is provided through any convenient browser.
The exchange intermediary provides standard platforms for download. He did not develop his own program for conducting market trading. Trading on www.eightcap.com is positioned as a public and profitable activity, but is it really so? To understand the real potential of the company, you need to study customer reviews.
Prospects for cooperation with the brand
Support rarely answers and does not always solve the questions that have arisen. On the net, you can find a lot of complaints about the Eightcap working platform. Reviews speak of freezes, slow withdrawal of orders. One gets the impression that the company does not display orders on the world market, creating the illusion of market trading. Due to the large number of negative reviews, we do not recommend working with this broker.