FxPro's website
Eightcap in India — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%60
- Round-turn cost20%90
- Safety20%0
- Payouts15%no data
- Track record10%85
- Platforms10%50
Numbered by weight: axis 1 counts for most.
Key facts (6 facts)
- Onboarding entity
- Eightcap Global Limited
- Founded
- 2009
- Retail leverage
- 500IN
- Round turn
- 7 USDIN
- Currencies
- AUD, USD, EUR, GBP, NZD, CAD, SGD; INR account reported for Indian clients but not confirmed on Eightcap's site.
- Swap-free account
- conditional
"group" marks a figure the broker publishes for the group rather than for this country. It is shown because the broker states it, and it is not ranked, averaged or used to sort.
Licence check
Open an account with EightcapThe broker's own website. Not a partner link — we earn nothing from it.
Who actually onboards you
- Entity that onboards India residents
- Eightcap Global Limited
- Local standing
- Offshore (Bahamas SCB); not SEBI-authorised. OTC forex/CFDs from offshore brokers are illegal under FEMA and such entities risk appearing on the RBI Alert List.
- Licence as the register states it
- No Indian (SEBI/RBI) licence; served under Bahamas SCB licence SIA-F220.
- Leverage for this entity
- Up to 1:500 on forex via the offshore entity; not set by an Indian regulator.
- The firm behind it
- Founded 2009, HQ Melbourne, Australia; global forex/CFD broker known for MT4/MT5/TradingView and a deep crypto CFD range.
- What we hold against it
- High legal-risk market: offshore forex/CFD trading breaches FEMA and carries RBI Alert List exposure; no SEBI protection.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards Indian residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youOffshore (Bahamas SCB); not SEBI-authorised. OTC forex/CFDs from offshore brokers are illegal under FEMA and such entities risk appearing on the RBI Alert List.
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against India market median(priced from 65 of 90)
Medians run over the 65 of 90 brokers that publish a price for India, never over the whole base. A spread without its commission is not a price and is not counted.
Accounts
Account types the broker names for this country: Standard (commission-free), Raw, min deposit USD 100. The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Where Eightcap sits in the India base(90 brokers)
Round-turn cost, USD (65 of 90 priced)
Median 7 USD · range 2-18 · this broker 7 USD · 25 of 90 brokers do not publish it
Minimum deposit, USD (16 of 90 priced)
Median 15 USD · range 0-1000 · this broker 100 USD · 74 of 90 brokers do not publish it
Retail leverage (49 of 90 with a India figure)
Median 1:500 · range 20-5000 · this broker 1:500 · 41 of 90 brokers do not publish it
Withdrawal time published (90 brokers)
Payouts
Identical for every row: Deposit, h 24 · Fee, USD 0 · Min, USD 50.
Deposit and withdrawal methods (4 methods · 0 local rails)
Cards, bank wire, Skrill, Neteller;
- Cards
- Bank wire
- Skrill
- Neteller
- Account currency
- AUD, USD, EUR, GBP, NZD, CAD, SGD; INR account reported for Indian clients but not confirmed on Eightcap's site.
- Fee declared
- 4 of 4 methods
- Withdrawal back to
- the funding method
Where it does not serve(1 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(6 platforms)
- MT4
- MT5
- TradingView
- WebTrader
- TradeLocker
| Class | Count | Min spread |
|---|---|---|
| MT4 | — | 1 |
| MT5 | — | 1 |
| TradingView | — | 1 |
| WebTrader | — | 1 |
| TradeLocker | — | 1 |
| All instruments | 800+ | — |
138 further account types are named by their brokers but publish none of these figures, so they are not in the comparison: Eightcap Standard, Eightcap Raw, Fusion Markets Classic account, Pepperstone Standard, Pepperstone no minimum deposit, Trade Nation Two live tiers - lower-leverage and 132 more.
Identical for every row: Leverage 500 IN.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.2 | 647 |
Share of reviewers in India: — The platform does not publish it.
Pros and cons(3 for and 5 against, each tied to a figure on this page)
- Swap-free account available
- Round-turn cost 90 of 100, its strongest of 6 scored axes
- 5 platforms: MT4, MT5, TradingView, WebTrader
- No India authorisation on file: the entity that onboards you is licensed elsewhere
- A regulator warning is on file against this broker
- Min deposit 100 USD, over the India median 15
- The published 1:500 comes from the group's offshore entity, not from the India one
- Safety 0 of 100, its weakest of 6 scored axes
Alternatives in India(6 of 90 scored in India)
- Round turn, USD
- 6IN
- Min deposit, USD
- 100 groupIN
- Leverage
- 500IN
- Rank in this country
- #1
- Round turn, USD
- 9IN
- Min deposit, USD
- 100 groupIN
- Leverage
- 400IN
- Rank in this country
- #29
- Round turn, USD
- 7IN
- Min deposit, USD
- 100 groupIN
- Leverage
- 500IN
- Rank in this country
- #16
- Round turn, USD
- 6IN
- Min deposit, USD
- 100 groupIN
- Leverage
- 500IN
- Rank in this country
- #42
- Round turn, USD
- 7IN
- Min deposit, USD
- 100 groupIN
- Leverage
- 1000IN
- Rank in this country
- #36
- Round turn, USD
- 4IN
- Rank in this country
- #4
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a India score. Full methodology
| Axis | Weight | What is measured | Eightcap |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 60 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 90 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 0 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 60 |
| Track record | 10% | Years since the firm was founded, from its own filings | 85 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 50 |
FAQ
- Does Eightcap accept residents of India?
- No. Offshore (Bahamas SCB); not SEBI-authorised. OTC forex/CFDs from offshore brokers are illegal under FEMA and such entities risk appearing on the RBI Alert List. Onboarding entity: Eightcap Global Limited
- Is Eightcap licensed to serve clients in India?
- No Indian (SEBI/RBI) licence; served under Bahamas SCB licence SIA-F220. Checked on 09.07.2026.
- How much does one round turn cost at Eightcap?
- About 7.0 USD per standard lot on EUR/USD. The median across brokers measured for India is 7.0 USD.
- What leverage does Eightcap offer to retail clients in India?
- Up to 1:500. Up to 1:500 on forex via the offshore entity; not set by an Indian regulator.
- Which trading platforms does Eightcap support?
- MT4, MT5, TradingView, WebTrader, TradeLocker. Instruments: 800+ CFDs: ~56 forex pairs, indices, metals, energies, ~580 share/ETF CFDs and a large crypto CFD range (100+ coins).
- How can I withdraw money from Eightcap in India?
- Cards, bank wire, Skrill, Neteller; no verified India-specific (UPI) rail at review.
- What account types does Eightcap offer?
- Standard (commission-free) and Raw; min deposit USD 100.
- Does Eightcap offer a swap-free (Islamic) account?
- Conditional.
Cost calculator (median of 65 priced of 90)
EURUSD round turns at the prices captured 01.10.2026. Shown in USD only: we do not publish a INR conversion because the exchange rate is not part of our data.