Eightcap Does the broker's name not withdraw funds?
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Eightcap
Eightcap
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Website Address https://eightcap.eu
Email support@eightcap.eu
Founded Date Operating since 2009
Head Office Aiolou & Panagioti Diomidous 9, Katholiki, 3020, Limassol, Cyprus
Support Phone +357 25 060 006

Eightcap is an international financial trading company, founded in 2009 in Melbourne, Australia, specializing in Forex and CFD trading for both retail and institutional clients through popular trading platforms.

Clients are offered CFD trading on currencies, cryptocurrencies, indices, and more, with low spreads across more than 800 financial instruments.

The website lists regional and local offices, partners, and branches worldwide, ensuring a high level of service for traders.

Customer support is available in English, Chinese, Thai, Korean, French, Spanish, Italian, German, and Vietnamese. The site provides active phone numbers, email addresses, an online chat, and links to the broker’s social media.

For beginners, the platform offers a demo account for up to 30 days to familiarize themselves with the trading environment.

The broker’s website also features information about multiple awards received from clients.

Eightcap

Available Markets and Trading Platform of Eightcap 

The broker Eightcap allows traders to access 800 of the most popular financial markets worldwide through their integration with TradingView or on the WebTrader, MT4, and MT5 platforms with the AutoTrade system.

Trading can be conducted directly from TradingView charts to an Eightcap account, with access to a world-class charting package, live streams, educational materials, Pine Script, and a multi-million-member community.

Trading is available on smartphones, Mac, and PC.

The company offers over 1,000 financial instruments across various asset classes, including Forex and cryptocurrencies.

Trading Accounts of the Broker Eightcap

Eightcap accounts are offered with free setup and no additional technical maintenance fees.

Eightcap provides two types of accounts with a minimum deposit of $100:

  • Raw:

    • Spreads from 0.0 pips

    • Commission — $3.5 per traded lot

  • Standard:

    • Spreads from 1.0 pips

    • Commission — $0 per traded lot

The following are allowed for both account types:

  • Scalping
  • Hedging
  • Expert advisors
  • Minimum / Maximum trade size: 0.01 / 100 lots
  • Margin requirement level: 80%
  • Stop-out level: 50%
  • Maximum leverage: 1:500

Eightcap

Depositing Funds and Withdrawing Money from Eightcap

The platform offers a wide range of deposit and withdrawal methods to meet client needs.

Accounts can be funded in the following currencies: AUD, USD, NZD, SGD, CAD, GBP, EUR.

For user convenience, the company provides various online funding options, including credit/debit cards, bank transfers, Skrill, Poli, and China Union Pay (for clients residing in China).

Brief Conclusion about Eightcap 

Eightcap is a multilingual, regulated broker with licenses publicly available. The platform offers over 1,000 financial instruments across various asset classes, including Forex, stocks, and cryptocurrencies.

Key features of the broker include low-spread trading, educational resources, and a demo mode.

All trades on the WebTrader, MT4, and MT5 platforms are transparent. Deposits and withdrawals can be made in multiple currencies using a variety of convenient methods.

The company has received an award as the Best MT4 Forex Broker Worldwide, along with numerous client-based awards.

Frequently Asked Questions

The overwhelming majority of brokers are scammers. Traders can identify illegitimate ones by using free online resources. It is essential to verify the company's registration, the licensing of its services, and its operational history. It is also important to assess the completeness and authenticity of contact information and the transparency of trading conditions.

You can consult specialists who can help evaluate the broker and identify signs of fraud, and if necessary, assist in opening an account with a reliable service provider. A knowledgeable and comprehensive approach will help avoid negative trading experiences.

First and foremost, pay attention to the content of the comments. Excessively emotional opinions without specifics may indicate paid content. Additionally, a broker's positive reputation may be indicated by mass activity on a single online portal or forum. Another sign of fake reviews is their formulaic nature. Such comments are filled with general phrases and advertising slogans. Fraudulent projects use paid content to confuse traders and lure them into cooperation.

It is important not to fall for the tricks of company representatives. This can lead to additional financial losses. With legitimate brokers, withdrawing funds is a free service that is not subject to any fees such as insurance, taxes, commissions, etc.

If you need assistance in withdrawing capital, it is advisable to consult specialists. Timely consultation with experts can help achieve positive results and withdraw funds from the brokerage account.

In the case of scam brokers, account blocking may be related to a simple refusal to withdraw funds. Clients are accused of violating agreements, money laundering, technical work on the platform, etc. Such manipulations are aimed at depriving traders of the ability to withdraw capital.

When a brokerage account or personal account is blocked, it is better to use the services of professionals . Depending on the reason for the blockage, experts can find the optimal solution to the problem.

The reasons for the inactivity of a brokerage company's presentation portal can vary widely. Blocking due to numerous complaints, cessation of project activities, inclusion in the blacklist of trading platforms — all of this can lead to access issues to the broker's site. Additionally, unstable internet connection and browser restrictions can cause improper functioning of the resource.

If the official broker's website does not open, seek help from experts. They will advise on any questions and provide recommendations for further actions.

First and foremost, it is important to ensure that there are no assets in the account and no debts to the broker. If there are instruments in the investment portfolio, they should be sold, and you should wait for the settlements to be completed. After that, you can submit a request for the withdrawal of funds and the closure of the brokerage account.

If the broker refuses to fulfill requests, it is better to consult experts. They can assist in closing the brokerage account and recovering funds through chargebacks . When preparing to dispute transactions, it is necessary to gather all available evidence of cooperation with the project. This will help increase the chances of successfully initiating refunds.

Reviews aboutEightcap 3

To me, this is a standard broker offering a wide range of services. The platform used is MT4. My downside is the lack of qualified support. There are many currency pairs — about 30, which I mostly work with. Recently, the system started glitching. Withdrawals can take more than a day, and sometimes technical issues occur, requiring me to submit a new withdrawal request.
3
I used Eightcap for 2 years. Trading went fine. But recently, it seemed that the system started lagging, and the broker was declining in quality. Withdrawals started to be delayed, and orders open and close with delays. In my opinion, Eightcap is losing its edge.
2
I’ve been on the Eightcap platform for several months, and during this time I’ve noticed only one drawback — delays in withdrawals. According to experienced users, it used to be much faster, but now you sometimes have to wait a day or more. Several times I received notifications about technical issues on the site. As for trading, the platform and browser work fine. Customer support is available constantly and responds quickly, but issues are not resolved as fast as I would like.
3

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