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Written by: Bence András R. Updated: Dec 2022
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Overview of Eightcap fees and charges

We know that fees are on top of people's mind when selecting a broker. Brokerage fees consist of trading and non-trading fees. The most important trading fees are commission, spread, and financing rate.

  • Commission: it's charged when you execute a trade (either buy or sell). Commissions can be volume-tiered or flat fees. Nowadays, there are many commission-free brokers, click on the following links to check out the best free stockbrokers in the US and the EU.
  • Spread: it denotes the difference between the bid and ask price. When you trade forex or CFDs, spreads can make up a significant part of your trading costs.
  • Financing rate/overnight costs: if you trade on leverage, you may be charged for holding your positions overnight. This cost can be expressed as a percentage or in swap points.
  • Non-trading fees: these occur when you deposit and withdraw funds, or if you don't use your account for a certain period.

As Eightcap focuses on CFD and forex trading, the most important cost elements are spreads and financing rates (overnight fees), commissions less so.

Disclaimer: 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

Now, let's dive into the details and see what commissions, spreads, and financing rates Eightcap charges.

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74-89% of retail CFD accounts lose money

Eightcap commission and other fees
Eightcap commission and other trading fees

The good news is that Eightcap has low trading fees in general. We ranked the fees of Eightcap as low, average, or high based on how they compare with all reviewed brokers.

Check out this table to get an overview of whether Eightcap commissions, spreads, and financing rates for each asset class are low/average/high.

Classification of Eightcap trading fees
Eightcap Fusion Markets Pepperstone
Forex Low Low Low
CFD Low Low Low
Financing rate Low Low Low

Now let's go over the trading fees for each asset class one by one.

Eightcap forex commissions and spreads

Eightcap forex fees are low. Eightcap forex commissions and spreads for individual currency pairs are charged as per the table below.

Eightcap forex commissions and spreads
Eightcap
EURUSD fee description Raw account: $3.50 commission per lot per trade plus spread cost. 0 pips is the average spread cost during peak trading hours.
GBPUSD fee description Raw account: $3.50 commission per lot per trade plus spread cost. 0.2 pips is the average spread cost during peak trading hours.

Check out how Eightcap forex fees compare to its two closest competitors.

Eightcap forex fees vs competitors
Eightcap Fusion Markets Pepperstone
EURUSD benchmark fee $12.7 $11.8 $13.9
GBPUSD benchmark fee $7.2 $5.9 $10.2
AUDUSD benchmark fee $8.5 $6.5 $8.8
EURCHF benchmark fee $0.0 $2.5 $2.1
EURGBP benchmark fee $9.8 $8.5 $10.5

Forex fees are calculated for a $20,000 trade using 30:1 leverage

Eightcap CFD commissions and spreads

Eightcap CFD fees are low. Eightcap CFD commissions and spreads for different assets are charged as per the table below.

Eightcap CFD commissions and spreads
Eightcap
S&P 500 CFD fee Raw account: The fees are built into the spread, 0.6 pips is the average spread cost during peak trading hours.
Europe 50 CFD fee Raw account: The fees are built into the spread, 1 pip is the average spread cost during peak trading hours.
Apple CFD $0.01 plus $0.02 per share
Vodafone CFD Not available

Below you can see how Eightcap CFD fees compare with those of Fusion Markets and Pepperstone.

Eightcap CFD fees vs competitors
Eightcap Fusion Markets Pepperstone
S&P 500 index CFD fee $2.7 $2.6 $2.3
Europe 50 index CFD fee $1.4 $1.3 $2.0
Apple CFD $0.4 $0.1 $0.4
Vodafone CFD - - $10.4

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

Eightcap financing rates

Eightcap financing rates are low. They make up a significant part of your trading costs if you hold your position for a long time.

Check out how Eightcap financing rates compare with those of Fusion Markets and Pepperstone.

Eightcap financing rates vs competitors
Eightcap Fusion Markets Pepperstone
EURUSD financing rate 2.9% 2.8% 2.8%
GBPUSD financing rate 1.4% 1.2% 2.1%
S&P 500 CFD financing rate 6.1% 6.1% 5.5%
Europe 50 CFD financing rate 2.3% 2.4% 3.2%
Apple CFD financing rate 2.6% 7.8% 5.6%
Vodafone CFD financing rate - - 4.7%

Eightcap commission and other fees
Eightcap non-trading fees

In addition to trading fees, it's important to see if Eightcap charges a fee on deposits, withdrawals, account maintenance, and inactivity. We compared these fees levied by Eightcap with its two closest competitors.

Eightcap non-trading fees vs competitors
Eightcap Fusion Markets Pepperstone
Deposit fee $0 $0 $0
Withdrawal fee $0 $0 $0
Account fee No No No
Inactivity fee No No No

CFD fees are calculated for a $2,000 trade using 20:1 leverage for stock index CFDs, and 5:1 leverage for stock CFDs

Eightcap commission and other fees
Bottom line

Hopefully, by now you have a clear picture of the commissions, spreads, financing rates, and non-trading fees charged by Eightcap and its closest competitors. To learn more about Eightcap, check out this detailed review. If you would like more information about fees in general, read this article about brokerage fees.

If you're not sure which broker to choose, get a personal recommendation from our broker recommendation algorithm or compare brokers with our broker comparison table.

Author of this article

Bence András Rózsa

Author of this article

Bence is an experienced broker analyst. Having an MSc in international economy and finance, he focuses on equities, cryptos and newcomer financial services. He also has 2+ years of experience within the brokerage industry, specializing in stock and CFD/forex brokers, crypto providers and robo-advisors.

Bence András Rózsa

Broker Analyst

Bence is an experienced broker analyst. Having an MSc in international economy and finance, he focuses on equities, cryptos and newcomer financial services. He also has 2+ years of experience within the brokerage industry, specializing in stock and CFD/forex brokers, crypto providers and robo-advisors.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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74-89% of retail CFD accounts lose money

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