Eightcap was founded in 2009 in Melbourne, Australia, and has grown into a global forex and CFD broker serving clients in more than 100 countries, including many retail traders from Taiwan. The broker is known for its competitive pricing, advanced trading platforms, and a wide range of instruments covering forex, indices, commodities, shares, and crypto CFDs. For Taiwan-based traders, Eightcap offers a practical entry into global markets with a minimum deposit of just $100 USD and support for flexible deposit methods such as Skrill and USDT — a big advantage given Taiwan’s strict banking environment for offshore brokers.
The broker operates under the international Eightcap brand, with regulated entities in Australia (ASIC) and the UK (FCA), plus offshore licenses in Seychelles and Vanuatu. While Eightcap does not hold a Taiwan FSC license and does not have a local office, its global regulatory footprint and 4.1 overall score in our rating make it a trustworthy broker for Taiwanese traders. It remains popular with both new traders using standard accounts and experienced traders who choose the Raw/ECN account for ultra-low spreads.
| 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 a genuine Islamic (swap-free) account for Muslim traders in Taiwan. The swap-free status means that no interest (rollover) or positive/negative swap is charged on overnight positions for instruments like forex, gold, and major indices. This is important for Taiwan Muslim traders who follow Sharia law and want to hold positions overnight without incurring riba.
The Islamic account does not have any hidden application fee, but it must be requested via live chat or email after you open a standard account. Eightcap will review the request and activate the swap-free feature. In practice, the broker may reserve the right to remove the swap-free status if abusive trading patterns are detected, especially around weekends and holidays. For Taiwan traders, the Islamic account is best used with the Raw/ECN account to enjoy tight spreads without swap costs.
| 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, well-regulated forex broker that works well for Taiwan retail traders, especially those who want low-cost execution and modern trading platforms. The ASIC and FCA licenses add credibility and protect client funds, which is a crucial factor for traders in Taiwan where the local regulator does not supervise overseas brokers like Eightcap. The availability of USDT deposits and the low $100 minimum deposit make it easy for Taiwan traders to start funding their accounts without complicated banking processes.
We recommend Eightcap to Taiwan traders who prioritize tight spreads, quick execution, and platform choice over local-language support. Beginners should start with the Standard demo account, while more experienced traders can go directly to the Raw/ECN account and use cTrader or MT5. If you are a Taiwan trader looking for a broker with global regulation, decent education, and no minimum deposit barriers, Eightcap deserves serious consideration for the 2026 trading year.