Eightcap Rebates
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Instrument/Account Type | Standard | Raw | |||
Forex | $3.6 Per Lot | $2.4 Per Lot | |||
Metals | $3 Per Lot | ||||
Oil | $0.6 Per Lot | ||||
Indices | 0.15 Of Base Currency |
• The broker does not pay rebates for cryptocurrencies
What is Eightcap Cashback?
Forex rebates (or cashback) is cash you get back (ie cash-back) for each trade you make. Just like with any cashback, you get paid back for performing your regular transactions with the service (a forex broker in our case) and get paid back part of the cost you’re being charged by Eightcap.
Important to note that each broker has different cashback rates for account types and instruments.
For example, you can receive a cashback of 0.5 pip for each EURUSD trade but no cashback for GOLD trades. Moreover, each broker has different rebates payment terms, such as payment timing (trade open/close, end of month) or trading requirements (minimal trade duration).
PAYBACKFX provides real-time reports of each of your cashback (when possible) so you can be rest assured that each and every rebate you should receive is paid to your account.
Eightcap forex rebate is a must for any forex trader since it increases your profitability and cuts down costs, and unlike some of our competitors, your trading terms such as the spreads or commissions you pay never change.
How Eightcap cashback works?
When we refer you to Eightcap to open a new trading account or link an existing trading account under our referrer (when possible), Eightcap pays us a commission which is mostly paid back to you in the form of cashback.
How much Eightcap cashback can I earn?
Eightcap cashback will depend much on your trading volume, the larger the volume the more cashback you will receive.
Below you can use our Eightcap cashback calculator to estimate the monthly or yearly cashback
Eightcap cashback calculator
How Eightcap cashback is paid?
Your Eightcap cashback is reported in real-time in your dashboard and the cashback is usually released a few days after the end of the month which is when we collect your cashback from Eightcap..
The cashback can be then withdrawn with the available options in the withdrawal page.
Is it the best Eightcap cashback?
PAYBACKFX provides you the best Eightcap cashback service, starting from the cashback level and down to customer service. In case of any issues arise, we are always here to help and can even step in and help with any issues you may have with Eightcap.
Broker Name | Eightcap |
Broker type | STP ECN NDD |
Country | Australia |
Operating since year | 2009 |
Number of employees | 150 |
International offices |
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Regulation | FCA (UK), CySEC (Cyprus), ASIC (Australia), SCB (The Bahamas) |
Address | Level 6, 360 Collins Street, Melbourne, VIC 3000 Australia |
Broker status |
Broker |
Accepting US clients? | No |
Account currency | USD, GBP, EUR, NZD, CAD, SGD, AUD |
Funding/Withdrawal methods | Wire Transfer, Credit Card, Debit Card, Paypal, Neteller, UnionPay, Skrill, BPay, Bitcoin, POLi |
Swap free accounts |
No
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Segregated accounts |
Yes
|
Interest on margin |
No
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Managed accounts |
Yes
|
Accounts for money managers (MAM, PAMM) |
Yes
|
Phone | +61 3 8373 4800 |
Fax | |
[email protected] | |
Languages | English, Spanish, French, German, Portuguese, Italian, Chinese, Indonesian, Thai, Vietnamese, Korean, Bulgarian |
Availability | Phone, Chat, Email |
Trading Platforms | MetaTrader 4, MetaTrader 5, TradingView |
Trading platform(s) timezone | (GMT +10:00) Eastern Australia, Guam, Yakutsk |
Demo Account | Yes Demo account is expiring in 30 Days |
Mobile trading |
Yes
on MT4 and MT5 |
Web based trading |
Yes
|
API |
No
|
OCO orders |
No
|
Trading over the phone |
No
|
Hedging allowed |
Yes
|
Trailing stops |
Yes
|
One click trading |
Yes
|
Contests |
No
|
Other trading instruments | Stocks, Indices, Commodities, Shares, CFDs, Cryptocurrency, Precious Metals |
Minimum deposit($) |
100.0
|
Maximal leverage(1:?) | 500 |
Minimum lot Size |
0.1
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Maximum lot Size |
10.0
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Commission |
3.5
$3.5 per standard lot traded on Raw accounts |
Spread | Variable |
Decimals | 5 decimals |
Scalping allowed |
Yes
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Eightcap is a reputable regulated broker specialised in foreign exchange (Forex) and Contracts for Difference (CFD) trading. Clients have access to over 800 financial instruments and can speculate on forex pairs, indices, commodities, shares and cryptocurrencies, available on the intuitive and award-winning MT4 and MT5 platforms. When trading with Eightcap, clients will also have the opportunity to automate their trades code-free using Capitalise.ai.
Eightcap provides its clients with a reliable trading environment, paired with competitive spreads and ‘instant’ execution. Established in 2009, Eightcap has one clear mission - to provide an exceptional financial service to its clients. This fundamental principle remains at the core of its business. Eightcap is expanding its brand and currently has offices in Melbourne and Bulgaria. Eightcap Pty Ltd (ABN 73 139 495 944) is regulated by the Australian Securities and Investment Commission (AFSL 391441). Trading on margin is high risk. Losses can exceed deposits. |