Eightcap scores 78/100 in our review (grade B, very good), a Melbourne, Australia-based broker regulated by ASIC (Australia), FCA (UK), CySEC (Cyprus). It offers MetaTrader 5, so you can run Market Structure Pro on it.
One clear TRADE / TRANSITION / NO-TRADE verdict on any MT5 chart. Free 7-day trial, no card.
Start free trial Visit Eightcap ↗| Headquarters | Melbourne, Australia |
| Founded | 2009 |
| Regulation | ASIC (Australia), FCA (UK), CySEC (Cyprus), SCB (Bahamas) |
| Platforms | MT4, MT5, TradingView, TradeLocker |
| MetaTrader 5 | Yes, MSP works here |
| Own platform | No |
| Account types | Standard, Raw |
| Min deposit | $100 |
| Typical EURUSD spread | 1 pips |
| Typical Gold spread | n/a |
| Commission | Standard account is commission-free; Raw account charges approx $3.50 per lot per side ($7 round turn) with spreads from 0.0 pips |
| Execution | No dealing desk (STP) |
| Funding methods | Card, Bank transfer, PayPal, Skrill, Neteller, Crypto |
| Demo account | Yes |
| Support | 24/5 |
Eightcap is an Australia-founded (2009, Melbourne) forex and CFD broker that suits active traders and scalpers who value tight spreads, fast execution and flexible platform choice. It operates several entities regulated by tier-1 and tier-2 authorities: ASIC (Australia), the FCA (UK) and CySEC (Cyprus), plus an offshore SCB (Bahamas) arm. Clients under the ASIC, FCA and CySEC entities benefit from segregated funds, negative balance protection and local compensation schemes (FSCS up to GBP 85,000 in the UK, ICF up to EUR 20,000 in the EU), while international clients under the SCB entity can access higher leverage (up to 1:500) but forfeit some of these protections.
On cost, Eightcap runs a dual-account model: a commission-free Standard account with EUR/USD spreads from around 1.0 pip, and a Raw account with spreads from 0.0 pips plus roughly $3.50 per lot per side. The minimum deposit is a low $100 on both, and there are no internal deposit fees. Execution is order-routed (no dealing desk / STP style) rather than a clearly documented true ECN.
Platform choice is a standout: MetaTrader 4, MetaTrader 5 (confirmed available today), native TradingView integration and, more recently, TradeLocker in some regions. There is no proprietary platform and no cTrader. Instrument coverage spans 800+ CFDs including forex, indices, commodities, share CFDs and an extensive crypto derivatives lineup, though US residents are not accepted and UK retail clients cannot trade crypto CFDs. Support is provided 24/5, and there is a free demo account.
A separate reputation score out of 100, based on genuine user reviews across the web and kept independent of the feature score above. Our read: reviews look genuine.
Professional broker-review sites rate Eightcap consistently high (4.0-4.8/5), with ForexBrokers.com Trust Score 87/99 on the strength of Tier-1 ASIC, FCA and CySEC licenses and a 14-year history. No regulator fines/warnings found. Caveat: some retail clients onboarded via lower-oversight offshore entities (Seychelles/Bahamas). A lone 1.5/5 Sitejabber page rests on 3 reviews (ignored).
Can I use Market Structure Pro with Eightcap? Yes. Eightcap offers MetaTrader 5, and MSP is an MT5 indicator, so it runs on any of their MT5 accounts. See the install guide.
Sources: www.forexbrokers.com · www.eightcap.com · www.eightcap.com · www.dailyforex.com. Figures are typical and change, so confirm on the broker's site.
Compare more: browse the full MT5 broker directory or read our best MT5 indicators for 2026 guide.
