Eightcap Review 2026: TradingView Integration & Raw Spreads

What Our Analysis Reveals About Eightcap

After extensive testing of Eightcap's platforms and services, several key observations emerge that define their position in the market. Eightcap has successfully differentiated themselves in a crowded broker landscape by focusing on two specific niches: TradingView integration and cryptocurrency CFDs.

The TradingView Advantage

The TradingView integration isn't just a marketing gimmick – it's a genuinely useful feature for the millions of traders who already use TradingView for charting. You can place orders directly from your TradingView charts without switching platforms. For traders who've spent years building custom layouts and indicators in TradingView, this is transformative. We tested this extensively and found the execution to be seamless, with orders filling at expected prices without requotes.

Crypto Selection Reality Check

Eightcap's 250+ cryptocurrency CFDs genuinely stands out. Most regulated brokers offer 20-50 crypto pairs at most. Eightcap's selection includes major coins, DeFi tokens, meme coins, and emerging altcoins. However, it's important to understand these are CFDs, not actual cryptocurrency purchases – you don't own the underlying asset and leverage is limited to 1:5 for retail clients.

Fee Structure Analysis

The Raw account offers genuine 0.0 pip spreads on EUR/USD during normal market hours. The $3.50 per lot commission ($7 round turn) is slightly higher than competitors like IC Markets ($3.00) or Pepperstone ($3.00), but the difference is marginal for most traders. The Standard account has no commission but wider spreads starting around 1.0 pips – suitable for casual traders but not optimal for scalping.

What Traders Should Know

Eightcap is not trying to be everything to everyone. They don't have the educational resources of AvaTrade or the research depth of Saxo Bank. If you need hand-holding or extensive market analysis, look elsewhere. But if you want clean execution, TradingView integration, and a massive crypto selection with Tier-1 regulation, Eightcap delivers exactly that proposition.

Breaking Down the True Costs

Eightcap's pricing is competitive but not industry-leading. Here's our detailed analysis of how their costs compare and what you'll actually pay in different trading scenarios.

Raw Account Cost Calculation

On the Raw account, EUR/USD typically trades at 0.0-0.2 pips during London/NY sessions. Add the $7 round-turn commission (on a standard lot), and your effective cost is around 0.7-0.9 pips equivalent. For comparison: IC Markets charges $7 with similar spreads, Pepperstone charges $7, but XM's Zero account charges $3.50 total. The difference matters mainly for very high-volume scalpers trading 100+ lots daily.

When Standard Account Makes Sense

The Standard account's 1.0+ pip spreads with no commission is simpler to calculate and may actually cost less for small position sizes. If you're trading micro-lots (0.01), the $0.07 commission per trade on Raw accounts adds up proportionally more. For swing traders holding positions for days, the spread difference is negligible compared to overnight swap costs anyway.

Hidden Cost Alert: Swaps

Eightcap's swap rates are average for the industry. Long positions on popular pairs like GBP/USD or EUR/USD typically incur negative swaps (you pay), while some exotic pairs offer positive swaps. We found their crypto overnight funding rates to be on the higher side – holding large crypto positions overnight adds up. Check the current swap rates in MT4/MT5 before planning longer-term positions.

No Inactivity Fee Advantage

The lack of inactivity fees is genuinely valuable. Many traders have multiple broker accounts for different purposes – having an Eightcap account specifically for TradingView trading or crypto CFDs costs nothing to maintain even if you don't use it for months. Compare this to brokers like eToro ($10/month) or Saxo ($100/quarter for inactive accounts).

Cost Comparison: Real Numbers

For a trader executing 10 standard lots per month on EUR/USD using the Raw account: spread cost at 0.1 pip average = $10, commission = $70, total = $80. The same volume on Standard account at 1.0 pip average = $100 with no commission. Raw account saves $20/month at this volume. The savings scale with volume – high-frequency traders benefit more from Raw pricing.

Which Eightcap Platform Should You Choose?

With four platform options, choosing the right one depends on your trading style and technical preferences. Here's our platform-by-platform analysis.

TradingView: The Main Attraction

If you're already a TradingView user, this is why you'd choose Eightcap over other brokers. The integration is genuinely seamless – your TradingView subscription (free or paid) works with Eightcap's price feed. You can place market orders, limit orders, stop losses, and take profits directly from charts. The execution matches MT4/MT5 speed. However, some advanced order types (like trailing stops) aren't available through TradingView – you'd need to use MT4/MT5 for those.

MT4 vs MT5: Which MetaTrader?

For forex-only traders using EAs (Expert Advisors): MT4 has the larger ecosystem of pre-built strategies and the MQL4 coding community is more established. For multi-asset traders or those wanting more timeframes: MT5's 21 timeframes vs MT4's 9 provide better analysis options. MT5's DOM (Depth of Market) is useful for understanding liquidity. Most Eightcap traders use MT4 by habit, but MT5 is technically superior.

Capitalise.ai: Automation Without Code

Capitalise.ai lets you describe strategies in plain English: "When EUR/USD crosses above the 50-day moving average, buy 0.1 lots with a 20 pip stop loss." The platform translates this into automated actions. We tested it and found it genuinely works for simple strategies. However, complex multi-condition strategies or those requiring custom calculations are better served by MT4/MT5 EAs. Consider Capitalise.ai as "automation for beginners."

Mobile Trading Experience

All platforms offer mobile apps. TradingView's mobile app is excellent for analysis but order management is more limited than desktop. MT4/MT5 mobile apps are functional but basic compared to some proprietary broker apps. If mobile trading is your primary method, test the apps before committing significant capital.

Our Recommendation

For most traders: Start with TradingView if you already use it for charting. Keep MT4/MT5 installed for any advanced order types or EA trading. Try Capitalise.ai if you want to experiment with automation without learning MQL. The platform variety is a genuine strength – you're not locked into one interface like with many brokers.