Eightcap was founded in 2009 and is headquartered in Australia, making it one of the more established online forex and CFD brokers available today. Over the years, it has expanded globally and now serves retail traders across Europe, Asia, and Latin America. For Finland traders, Eightcap is relevant because it combines low trading costs with a wide range of platforms and funding methods that are easy to use from Finland, including SEPA bank transfers, Skrill, and USDT.
The broker offers over 70 currency pairs, gold, oil, indices, and crypto CFDs, making it a versatile choice whether you are a beginner trading EUR/USD or an advanced trader looking for deeper liquidity on cTrader. Eightcap’s minimum deposit of $100 USD is accessible for Finnish retail traders, and the availability of Islamic accounts adds flexibility for Muslim traders in Finland.
However, it is important to be clear that Eightcap is not regulated by the Finnish Financial Supervisory Authority. Instead, Finnish clients are onboarded through an international entity, which means you get higher leverage and flexible conditions but lose access to local investor compensation schemes. That makes it essential to understand the regulatory trade-offs before funding your account.
| Detail | Information |
|---|---|
| Founded | 2009 |
| Headquarters | Australia |
| Regulated by | ASIC,FCA,SCB,VFSC |
| Min Deposit | $100 |
| Max Leverage | 500 |
| Platforms | MT4, MT5, cTrader, TradingView |
| Islamic Account | Available |
| Copy Trading | Not available |
| Demo Account | Available |
| Instrument | Typical Spread | Commission/Lot | All-In Cost | Standard Spread |
|---|---|---|---|---|
| EUR/USD | Check broker | Varies | Varies | Check broker |
| Feature | Available |
|---|---|
| Demo Account | Yes |
| ECN/Raw Account | Yes |
| Islamic (Swap-free) | Yes |
| Scalping Allowed | Yes |
| Hedging Allowed | Yes |
| Expert Advisors (EA) | Yes |
| Copy Trading | No |
Eightcap provides a genuine Islamic account for Muslim traders in Finland, designed to comply with Sharia principles by removing swap or interest charges on overnight positions. This makes it possible to hold positions without earning or paying interest, which is important for observant traders. The Islamic account is available on both Standard and Raw trading conditions, so you do not have to sacrifice spreads to be swap-free.
There is no hidden premium added purely for opening an Islamic account, but some instruments may include a small administrative fee that is disclosed before the trade. Finnish Muslim traders can request the Islamic account during registration by selecting the swap-free option or by contacting support after opening a standard account. It is recommended to confirm the status of your account before trading major currency pairs with rollover events.
| Feature | Details |
|---|---|
| Islamic Account Available | Yes |
| Swap Fees | No swap fees |
| Hidden Admin Fees | Verify with broker before trading |
| How to Apply | Contact support after opening standard account |
| Approval Time | Usually same business day |
| Asset Class | Examples | Available | Typical Spread |
|---|---|---|---|
| Forex Major Pairs | EUR/USD, GBP/USD, USD/JPY | All available | Check broker |
| Gold (XAU/USD) | Spot Gold | Available | — |
| Silver (XAG/USD) | Spot Silver | Available | Check broker |
| Oil CFDs | WTI Crude, Brent Crude | Available | $0.03–$0.05 |
| Stock Indices | S&P500, NASDAQ, DAX, FTSE | Available | 0.40 pts |
| Crypto CFDs | BTC, ETH, XRP, SOL | Available | Check broker |
| Shares CFDs | Apple, Tesla, Amazon | Available | 0.02% |
| Broker | Min Deposit | EUR/USD | Islamic | TradingView | Score |
|---|---|---|---|---|---|
| Eightcap (current) | $100 | Check broker | Yes | Yes | 4.1 |
| Pepperstone | $0 | 0.09 pips | Yes | Yes | 4.9 |
| IC Markets | $200 | 0.02 pips | Yes | No | 4.8 |
| Exness | $10 | 0.10 pips | Yes | No | 4.8 |
Eightcap is a solid international broker for Finnish traders who want professional trading tools and low trading costs without paying premium fees. The Raw account, combined with cTrader or MT5, gives you tight spreads and fast execution that compare well with other global brokers used in Finland. Deposit and withdrawal methods like SEPA bank transfer, Skrill, and USDT make it easy to fund your account from Finland.
However, Eightcap is not for every Finnish trader. If you value protection under FIN-FSA or the Finnish deposit guarantee scheme, you should look for a broker with a licenced EU entity. If you are an experienced trader who understands the risks of offshore regulation and wants flexible leverage and professional platforms, Eightcap is a reliable choice. It is best suited to active traders, scalpers, and tech-savvy users rather than beginners who need Finnish-language support and local oversight.