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Eightcap fees
Cost is where brokers in the same regulatory bracket actually differ. The full fee record for Eightcap, from the database.
Facts last checked . Read the full Eightcap review.
What it costs to trade
- Spread from
- 0.0 pips
- EUR/USD spread
- Approx. 0.06 pips, Raw
- GBP/USD spread
- Approx. 0.2 pips, Raw
- Commission
- $3.50 per side / $7 round turn, Raw
- All-in cost, EUR/USD
- Approx. 0.76 pips
- Spread type
- Variable
- Overnight swap
- Both: overnight swaps apply; swap-free arrangements available
- Inactivity fee
- 10 units of base currency/month after 3 months inactivity
- Deposit fee
- None internally
- Withdrawal fee
- None internally
- Currency conversion
- Conversion rate/fee applies where currencies differ
What this means
Cost is where brokers in the same regulatory bracket actually differ.
A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
Eightcap lists a minimum deposit of $100. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Questions about Eightcap fees
What is the EUR/USD spread at Eightcap?
Eightcap records an average EUR/USD spread of approx. 0.06 pips, Raw on a variable pricing model.
Does Eightcap charge commission?
Eightcap's commission is $3.50 per side / $7 round turn, Raw. A commission account usually pairs with a tighter spread, so the two have to be read together.
Does Eightcap charge an inactivity fee?
Eightcap's inactivity fee is recorded as 10 units of base currency/month after 3 months inactivity.
Fees at brokers under the same regulator
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- ThinkMarkets fees also licensed by ASIC
- IC Markets fees also licensed by ASIC
- FxPro fees also licensed by FCA