Eightcap is an Australian-based forex and CFD broker that has been operational since 2009. Headquartered in Melbourne, the company has grown into a global platform, serving clients in over 100 countries, including Serbia. It is owned and operated by the Eightcap Group, which maintains multiple regulated entities under ASIC, FCA, SCB, and VFSC licences.
For Serbian traders, Eightcap is interesting because it combines low minimum deposits, raw institutional spreads, and a wide range of trading platforms. You can open an account with just $100 and trade forex, gold, oil, indices, and cryptocurrencies. The broker is stable, has a good track record, and its execution speeds are suitable for scalping and day trading.
Although Eightcap is not regulated by the National Bank of Serbia, it still accepts Serbian retail traders through its international entities. This makes it a popular choice among local investors who want low-cost trading without the constraints of local brokerage branches. The mix of Skrill and USDT payments also makes funding simple for Serbian residents.
| 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 offers genuine swap-free Islamic accounts for Serbian Muslim traders who follow Sharia law. On these accounts, no interest or swap is charged or credited on positions held overnight. The broker does not hide extra fees in the spread for this service, making it a transparent and fair swap-free offering.
To activate the Islamic account, register and contact Eightcap support; they will convert your standard or raw account to the swap-free version. You can trade forex, gold, oil, and indices without worrying about overnight interest. This feature is particularly valuable for Serbian muslim traders who previously had limited access to halal forex trading. Just be aware that on some exotic pairs the spread may be wider, but that is common across the entire market.
| 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 |
All things considered, Eightcap is a solid choice for Serbian traders looking for low-cost, direct market access forex trading. It brings robust execution, multiple platforms, a low entry barrier, and popular deposit methods like Skrill and USDT. The ASIC and FCA licences add significant trust, even if the broker is not licensed by NBS. For experienced traders, the Raw account with zero spreads and transparent commission is among the best value offers available to Serbia-based clients.
This broker is not ideal for absolute beginners who prefer local regulated presence or full Serbian language support. But if you are comfortable operating within an international regulatory framework and you emphasise cheap trading, fast withdrawals, and platform variety, then Eightcap is certainly worth your attention. Serbian traders should start with a small deposit and use the demo account to test execution before committing larger funds.