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Eightcap in United Arab Emirates — review, licence and costs
Score (6 of 6 axes scored)
ranked against full-basis brokers
- Reviews25%65
- Round-turn cost20%90
- Safety20%70
- Payouts15%60
- Track record10%85
- Platforms10%50
Numbered by weight: axis 1 counts for most.
Who actually onboards you
- Entity that onboards United Arab Emirates residents
- UAE clients: Eightcap Financial Services MENA LLC holds a local SCA licence (introduction/advice only), while actual trade execution is via the offshore Eightcap Global Limited (Bahamas).
- Local standing
- Partly local (SCA Cat-5, limited scope); trading account itself sits under offshore Bahamas SCB, so no full local brokerage authorisation.
- Licence as the register states it
- Eightcap Financial Services MENA LLC holds a UAE SCA Category 5 licence (issued 15 Jan 2025) for financial consultation/introduction, not full brokerage; brokerage is offshore.
- Leverage for this entity
- Up to 1:500 on forex via the offshore Bahamas entity; not capped by a UAE regulator.
- The firm behind it
- Founded 2009, HQ Melbourne, Australia; global forex/CFD broker known for MT4/MT5/TradingView and a deep crypto CFD range.
- What we hold against it
- Holds a genuine SCA Cat-5 licence; caveat is that execution entity is offshore Bahamas, not a full local broker.
Leverage by entity
The licence belongs to the firm; a leverage figure belongs to one entity. Only the entity that onboards UAE residents enters the score.
Scale from 1:10 to 1:3000, logarithmic.
Client protection
- Local entity onboards youPartly local (SCA Cat-5, limited scope); trading account itself sits under offshore Bahamas SCB, so no full local brokerage authorisation.
- Regulator warning on filenone found
— means the broker does not state it in any source we captured. It is not read as “no protection” and it is not scored.
Price against the UAE market median(priced from 60 of 75)
Medians run over the 60 of 75 brokers that publish a price for United Arab Emirates, never over the whole base. A spread without its commission is not a price and is not counted.
Accounts
Account types the broker names for this country: Standard (commission-free), Raw, min deposit USD 100. The figures below are the broker's own and do not differ by account in any source we captured.
Swap-free account terms
Terms read from the account page on 01.10.2026. The cap on open positions is not published.
Where Eightcap sits in the UAE base(75 brokers)
Round-turn cost, USD (60 of 75 priced)
Median 7 USD · range 2-35 · this broker 7 USD · 15 of 75 brokers do not publish it
Minimum deposit, USD (33 of 75 priced)
Median 50 USD · range 0-10000 · this broker 100 USD · 42 of 75 brokers do not publish it
Retail leverage (53 of 75 with a UAE figure)
Median 1:500 · range 1-5000 · this broker 1:500 · 22 of 75 brokers do not publish it
Withdrawal time published (75 brokers)
Payouts
Identical for every row: Deposit, h 24 · Fee, USD 0 · Min, USD 50.
Deposit and withdrawal methods (4 methods · 0 local rails)
Cards, bank wire, Skrill, Neteller, UnionPay;
- Cards
- Bank wire
- Skrill
- Neteller
- Account currency
- AUD, USD, EUR, GBP, NZD, CAD, SGD depending on entity/region; no AED account verified.
- Fee declared
- 4 of 4 methods
- Withdrawal back to
- the funding method
Where it does not serve(3 countries)
From the client agreement, clause 2.3. A country missing from a translated page is not read as “served”.
Platforms and markets(6 platforms)
- MT4
- MT5
- TradingView
- WebTrader
- TradeLocker
| Class | Count | Min spread |
|---|---|---|
| MT4 | — | 1 |
| MT5 | — | 1 |
| TradingView | — | 1 |
| WebTrader | — | 1 |
| TradeLocker | — | 1 |
| All instruments | 800+ | — |
98 further account types are named by their brokers but publish none of these figures, so they are not in the comparison: Eightcap Standard, Eightcap Raw, Fusion Markets Classic account, Pepperstone Standard, Pepperstone no minimum deposit, Trade Nation Two live tiers - lower-leverage and 92 more.
Identical for every row: Leverage 500 UAE.
Reviews(1 platform · 25% of the score)
| Snapshot | Rating | Reviews |
|---|---|---|
| 02.10.2026 | 4.3 | 1,124 |
Share of reviewers in the UAE: — The platform does not publish it.
Pros and cons(4 for and 4 against, each tied to a figure on this page)
- Authorised by the United Arab Emirates regulator in its own register
- Swap-free account available
- Round-turn cost 90 of 100, its strongest of 6 scored axes
- 5 platforms: MT4, MT5, TradingView, WebTrader
- Min deposit 100 USD, over the United Arab Emirates median 50
- Withdrawal in 48 h, over the United Arab Emirates median 24
- The published 1:500 comes from the group's offshore entity, not from the United Arab Emirates one
- Platforms 50 of 100, its weakest of 6 scored axes
Alternatives in the UAE(6 of 75 scored in United Arab Emirates)
- Round turn, USD
- 9UAE
- Min deposit, USD
- 100 groupUAE
- Leverage
- 400 group
- Rank in this country
- #4
- Round turn, USD
- 6UAE
- Min deposit, USD
- 100 groupUAE
- Leverage
- 500UAE
- Rank in this country
- #20
- Round turn, USD
- 7UAE
- Min deposit, USD
- 10 groupUAE
- Leverage
- 200UAE
- Rank in this country
- #2
- Round turn, USD
- 7UAE
- Min deposit, USD
- 0 groupUAE
- Leverage
- 500 group
- Rank in this country
- #21
- Round turn, USD
- 6UAE
- Min deposit, USD
- 100 groupUAE
- Leverage
- 300UAE
- Rank in this country
- #43
- Round turn, USD
- 6UAE
- Min deposit, USD
- 0UAE
- Leverage
- 500UAE
- Rank in this country
- #11
Methodology(6 axes · formula v1.0)
Score = 2 + 3 × weighted mean of six axes scored 0–100. Range 2.0–5.0. An axis without data drops out and the remaining weights are renormalised; it is never scored zero or estimated. Group-wide figures never enter a UAE score. Full methodology
| Axis | Weight | What is measured | Eightcap |
|---|---|---|---|
| Reviews | 25% | Rating, volume and recency on one public review platform | 65 |
| Round-turn cost | 20% | Round turn on 1 lot EURUSD: spread plus commission, against the country median | 90 |
| Safety | 20% | Local authorisation, the entity that onboards you, any regulator warning | 70 |
| Payouts | 15% | Published withdrawal time, fees and the methods available in the country | 60 |
| Track record | 10% | Years since the firm was founded, from its own filings | 85 |
| Platforms | 10% | Which trading platforms the broker confirms for this country | 50 |
FAQ
- Does Eightcap accept residents of United Arab Emirates?
- Yes. Partly local (SCA Cat-5, limited scope); trading account itself sits under offshore Bahamas SCB, so no full local brokerage authorisation. Onboarding entity: UAE clients: Eightcap Financial Services MENA LLC holds a local SCA licence (introduction/advice only), while actual trade execution is via the offshore Eightcap Global Limited (Bahamas).
- Is Eightcap licensed to serve clients in United Arab Emirates?
- Eightcap Financial Services MENA LLC holds a UAE SCA Category 5 licence (issued 15 Jan 2025) for financial consultation/introduction, not full brokerage; brokerage is offshore. Checked on 09.07.2026.
- How much does one round turn cost at Eightcap?
- About 7.0 USD per standard lot on EUR/USD. The median across brokers measured for United Arab Emirates is 7.0 USD.
- What leverage does Eightcap offer to retail clients in United Arab Emirates?
- Up to 1:500. Up to 1:500 on forex via the offshore Bahamas entity; not capped by a UAE regulator.
- Which trading platforms does Eightcap support?
- MT4, MT5, TradingView, WebTrader, TradeLocker. Instruments: 800+ CFDs: ~56 forex pairs, indices, metals, energies, ~580 share/ETF CFDs and a large crypto CFD range (100+ coins).
- How can I withdraw money from Eightcap in United Arab Emirates?
- Cards, bank wire, Skrill, Neteller, UnionPay; no verified AED-specific rail at review.
- What account types does Eightcap offer?
- Standard (commission-free) and Raw; min deposit USD 100.
- Does Eightcap offer a swap-free (Islamic) account?
- Conditional.
Taxes for a UAE resident(1 rule)
- 0% personal income tax and 0% capital gains tax on individual trading profits (forex, stocks, crypto, derivatives) - as of the review (2026);https://eightcap.com/en/about
Not tax advice. Check with the Federal Tax Authority.