As a European regulated company we pride ourselves in transparency and fairness. At Eightplus.com you will be comforted by the fact that you’re trading with a pure STP broker. This means you have access to the market with orders going straight through processing without the intervention of a dealing desk.
Note: The information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.
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Eightplus Information
Eightplus is a reputable brokerage firm dedicated to providing comprehensive trading solutions in the global financial markets. Regulated by the Cyprus Securities and Exchange Commission (CySEC), Eightplus ensures a secure and transparent trading environment for investors. The platform offers a wide array of trading instruments including forex, commodities such as gold and oil, metals, shares, and cryptocurrencies.
With a focus on accessibility, Eightplus provides multiple account options with low minimum deposit requirements, high leverage, and competitive spreads. Supported by robust trading platforms like the Eightplus App and MT4, traders can execute trades efficiently across various devices.
Pros & Cons
Pros Regulated by CySEC: Being regulated by the Cyprus Securities and Exchange Commission (CySEC) ensures that Eightplus operates under strict guidelines, providing a secure trading environment.
Diverse Range of Trading Instruments: Eightplus offers a wide variety of trading instruments including forex, commodities, metals, shares, and cryptocurrencies.
Multiple Account Options: Traders can choose from various account types including Standards account, Commissions account, and STPs Pro account.
Comprehensive Education Resources: Eightplus provides extensive educational materials and courses tailored for traders of all levels.
Cons Limited Information on Margin Interest: Specific details regarding margin interest rates are not mentioned, which can be a consideration for traders who utilize margin extensively.
Absence of Mutual Funds Offerings: Eightplus does not offer mutual funds, limiting investment options compared to brokers that provide a wider range of financial products.
Is Eightplus Legit?
Eightplus is regulated by the oversight of the oversight of the Cyprus Securities and Exchange Commission (CySEC), holding license No. 334/17. This regulatory framework ensures that the company adheres to stringent standards designed to protect investors and maintain the integrity of the financial market. By adhering to the regulations, Eightplus ensures that its operations are conducted with the utmost professionalism and accountability, instilling confidence in its clients and stakeholders.
What are Securities to Trade with Eightplus?
Eightplus presents a diverse array of trading instruments. Whether you're focused on forex pairs, including major and exotic currencies, or seeking opportunities in commodities like gold, silver, oil, and gas, Eightplus ensures a comprehensive range of options to diversify your portfolio.
Additionally, traders can explore trading in metals and shares, enabling them to capitalize on global market trends and economic shifts. For those interested in emerging digital assets, Eightplus offers exposure to cryptocurrencies, providing access to this dynamic and rapidly evolving market.
Eightplus Accounts
Eightplus provides a versatile range of trading accounts, including Standards account, Commissions account, and STPs Pro account.
All accounts share a remarkably low minimum deposit requirement of $100, ensuring accessibility for traders of all levels. With leverage of up to 1:3000 and the flexibility to trade order volumes ranging from 0.01 to 500 lots, Eightplus empowers traders to execute their strategies with precision and efficiency. Additionally, fixed spreads starting from 3 pips across all accounts provide transparency and predictability in trading costs.
Eightplus Platform & App Review
Eightplus delivers a robust suite of trading platforms and applications. With dedicated apps available for iOS and Windows, users can seamlessly access their accounts, execute trades, and stay updated on market movements from their preferred devices. Additionally, Eightplus supports the widely acclaimed MT4 (MetaTrader 4) platform, renowned for its advanced charting tools, technical analysis capabilities, and automated trading features.
Research & Education
Eightplus provides a comprehensive array of education resources. Whether you're just starting out as a beginner or looking to refine your skills as a seasoned trader, Eightplus offers meticulously crafted courses designed to impart essential knowledge and strategies. Their Ebook Series specifically targets beginners in forex trading, providing invaluable insights and practical tips to navigate the complexities of the financial markets effectively.
Customer Service
Eightplus provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience.
Conclusion
In conclusion, Eightplus emerges as a robust and reputable brokerage offering a secure trading environment regulated by CySEC, ensuring compliance with stringent financial standards. With a diverse range of trading instruments, multiple account options, and advanced trading platforms, users can execute trades efficiently.
While lacking specific details on margin interest rates and mutual fund offerings, Eightplus compensates with robust customer support options and a commitment to transparency. Now, the ball's in your court when it comes to choosing whether to go with this broker or explore other options. Hopefully, this review has shed some light on your decision-making process.
FAQs
Is Eightplus suitable for beginners?
Yes. Eightplus is suitable for beginners due to its user-friendly platform, educational resources, and comprehensive customer support.
Is Eightplus legit?
Yes, Eightplus is regulated by the Cyprus Securities and Exchange Commission (CySEC).
What trading instruments are available on Eightplus?
Forex pairs, commodities, metals, shares, and cryptocurrencies.
What are the minimum deposit requirements to open an account with Eightplus?
$100.
Risk Warning
The information provided is based on WikiStock's expert evaluation of the brokerage's website data and is subject to change. Besides, online trading entails substantial risks, potentially leading to total loss of invested funds, so comprehending associated risks before engaging is crucial.