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Can you short on Eightcap?

Your expert
Krisztián G.
Fact checked by
Tamás D.
Updated
3w ago
Personally tested
Data-driven
Independent

Summary

Short selling is a trading strategy in which you speculate on the decline in the price of a stock or other security. If you'd like to learn about the intricacies of short selling real stocks, be sure to check out this article explaining the short selling of stocks.

Some stockbrokers only allow long position in stocks and ETFs. Others allow short positions only via CFDs on a handful of popular individual stocks. Advanced traders prefer brokers that allow the short selling of real stocks (and not just CFDs) on most stock markets their clients have access to.

Unfortunately, Eightcap doesn't allow the short selling of real stocks. If you are looking for brokers that provide this service, check out this article about the best brokers for short selling or use our broker finder tool for a tailored recommendation.

Let's take a look at other popular asset classes at Eightcap that enable traders to go short.

Overall score
4.2/5
Minimum deposit
$100
FX fee
Low
Index CFD fee
Low
Withdrawal fee
$0
Account opening
1 day
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74-89% of retail CFD accounts lose money

Short selling of CFDs

As clients of Eightcap can trade CFDs, they can also go short on these assets. In the table below you will find our calculation for shorting some of the most traded CFD assets. This catch-all benchmark includes commissions, spreads and financing costs for all brokers

Eightcap CFD fees for a $2,000 short position held for one week
S&P 500 index CFD fee
$2.8 $2.5 $3.2
Euro Stoxx 50 index CFD fee
$2.7 $2.6 $3.2
Apple CFD fee
$1.6 $3.2 $4.5
Vodafone CFD fee
-
-
$7.3

Data updated on September 23, 2024

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74-89% of retail CFD accounts lose money

Shorting a currency

At Eightcap, you can trade forex pairs, therefore you can go long or short in any of the currency pairs they offer. In the following table you will find our calculation for shorting the most traded currency pairs. This catch-all benchmark includes commissions, spreads and financing costs for all brokers

Eightcap forex benchmark fees for a $20,000 30:1 short position held for one week
EURUSD benchmark fee
$10.0 $9.7 $9.7
GBPUSD benchmark fee
$5.1 $4.0 $5.5
AUDUSD benchmark fee
$10.4 $7.8 $9.8
EURCHF benchmark fee
$0.0 $0.0 $0.0
EURGBP benchmark fee
$10.7 $8.9 $10.4

Data updated on September 23, 2024

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74-89% of retail CFD accounts lose money

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author
Krisztián Gátonyi
Author of this article
I have 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. I'm actively involved in reviewing the 100+ brokers listed on our site. I personally open accounts with real money, execute trades, test customer services. I hold an MSc in International Business from the University of Middlesex. My purpose is to help people find the best investment provider.
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