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piphawk.comThe five-minute forex issue
Issue #248Subscribe free
House file

Eightcap logoEightcap

On the desk for one reason: multi-entity structure. 7 register lines are on this file, spread across 7 legal entities in 7 jurisdictions, 2 of them with a top-tier regulator.


On the wire

7 items · 0 notices

Every figure below was read off a regulator register or the firm's own filing.

Register entries as filed
  • 01
    register entry

    ASIC entry AFSL 391441 for Eightcap Pty Ltd

    Source: eightcap.com

  • 02
    register entry

    FCA entry 921296 for Eightcap Group Ltd

    Source: eightcap.com

  • 03
    register entry

    CySEC entry 246/14 for Eightcap EU Ltd

    Source: eightcap.com

  • 04
    register entry

    SCB Bahamas entry SIA-F220 for Eightcap Global Limited

    Source: eightcap.com

  • 05
    register entry

    FSA Seychelles entry SD100 for Eightcap International Ltd

    Source: eightcap.com

  • 06
    register entry

    FSC Mauritius entry GB25204603 for Eightcap International Trading

    Source: eightcap.com

  • 07
    register entry

    Capital Market Authority (UAE) for EIGHTCAP GLOBAL FINANCIAL MARKETS MENA L.L.C

    Source: uaecma.gov.ae

Entity by entity

7 lines
Register lines on file for Eightcap. A blank number is a number the desk could not read on a source; it is not a zero.
RegulatorJurisdictionEntity as registeredNumberTierSource
ASICAustraliaEightcap Pty LtdAFSL 391441T1eightcap.com
FCAUnited KingdomEightcap Group Ltd921296T1eightcap.com
CySECCyprusEightcap EU Ltd246/14T2eightcap.com
SCB BahamasBahamasEightcap Global LimitedSIA-F220T3eightcap.com
FSA SeychellesSeychellesEightcap International LtdSD100T3eightcap.com
FSC MauritiusMauritiusEightcap International TradingGB25204603T3eightcap.com
Capital Market Authority (UAE)United Arab EmiratesEIGHTCAP GLOBAL FINANCIAL MARKETS MENA L.L.Cnot verifiedT2uaecma.gov.ae

Tier is the desk's shorthand for the supervising regime, not a quality score: T1 a top-tier statutory regulator, T2 a mid-tier one, T3 an offshore registration.

Commercial detail on the record

Minimum to open$100
EUR/USD spread as published0.1 pips
Leverage as advertised1:30 retail under ASIC/FCA/CySEC; up to 1:500 under offshore entities
PlatformsMT4 · MT5 · TradingView
Account booksStandard · Raw

What the record says

Eightcap discloses six regulated entities: Australia (ASIC), UK (FCA), Cyprus (CySEC), Bahamas (SCB), Seychelles (FSA) and Mauritius (FSC).

Both the Standard and Raw accounts list a $100 minimum deposit; the Standard account quotes spreads from 1.0 pips.

Eightcap Pty Ltd is registered under ABN 73 139 495 944 with an office at 525 Collins Street, Melbourne.

The Mauritius entity's licence number is GB25204603 under registration number 227050.

The FCA warning published 2 January 2024 identifies Eightcap VIP / eightcap.vip as a clone firm and says it has no connection with Eightcap Group Ltd (FRN 921296), the genuine authorised firm (fca.org.uk)

The UAE Capital Market Authority public register lists EIGHTCAP GLOBAL FINANCIAL MARKETS MENA L.L.C (company code CP-0001780) as Active in Dubai, with active Financial Consultations, Introduction and Listing advisor activities; the public response does not show a separate licence number (uaecma.gov.ae)

Not verified

2 fields

The desk left these blank rather than fill them from secondary sources. They stay on the file as open questions and will be filled the day a primary source carries them.

Other open files

The whole desk

This file reports what regulators and the firm have published. It is not a review, not a rating and not advice to open or close an account anywhere.