Australian forex broker Eightcap was established in 2009 and has representative offices in Melbourne, London and Shenzhen. The broker works as ECN and STP provider with high grade liquidity and trading execution. Eightcap does not accept US traders at the moment.
Eightcap provides tight spreads on major currency pairs starting from 1 pips with overall comfortable maximum leverage of 400:1. Starting trade size is 0.01.
The broker claims that both demo and live account have the same price feeds, however they do say that it is impossible to really recreate a live trading with demo account due to technical limitations. After all, demo account is simply a simulator to give you a general idea about trading and a meet-and-great with the interface.
Metatrader4 is one of the most trusted and well-known platforms today with live quotes, real-time professional charts, latest news events, free signals and wide variety of expert advisors to choose from.
600 EAs and 1,500 indicators can easily be found and used with just couple of clicks through the platform’s interface.
In order to use the MT4 terminal you need to have Windows 2000, XP, Vista, 7, 8 or 10. There is also a way to use MetaTrader 4 on Mac OSX.
The platform is available in the following languages Spanish, Swedish, Ukrainian, Polish, Portuguese, Romanian, Russian, Bulgarian, Finnish, French, German, Hungarian, Italian, Japanese, Chinese, Czech, Danish, Dutch, English Korean, Lithuanian, Norwegian, , Slovak, Slovenian,.
Eightcap MetaTrader 4 can be accessed via iPhone, iPad and Android mobile devices, which gives you the flexibility of trading on the go. The mobile version gives access to about 30 indicators and access to all live quotes, charts and open trades along with the history of your previous trading.
Minimum deposit requirement with EightCap broker is $100, which is acceptable initial deposit amount in the industry.
Available payment methods for withdrawals and deposits are Wire, Credit/Debit Card and Skrill.
The broker doesn’t have live chat, but it does list a phone number you can call (not toll free) and an email address. The official website is available in Englis, Chinese and Japanese languages.