Forex & CFD broker
Eightcap Canada Review: Is It Regulated in Canada?
By ForexCanada Editorial Team · Updated
Canada check
Eightcap holds licences outside Canada but is not registered with CIRO or any provincial securities regulator. If it accepts you, your account will normally be opened with an offshore group entity rather than its better-regulated subsidiaries — so CIPF coverage, CIRO margin rules and OBSI complaint handling do not apply. We could not confirm that it currently accepts Canadian residents — check its restricted-countries list before applying.
- Canadian status
- Not registered in Canada
- Canadian entity
- None — not registered in Canada
- CIPF coverage
- No
- OBSI complaints
- No Canadian ombudsman access
- Accepts Canadians
- Canadian eligibility unconfirmed
- Licences abroad
- ASICFCACySECSCB(offshore)
- Founded
- 2009
- Headquarters
- Melbourne, Australia
Our take on Eightcap
Eightcap is an Australian broker known for its TradingView integration and wide range of crypto CFDs. International clients are generally served by its Bahamas entity. Reports on Canadian eligibility have been inconsistent, and the previous version of this site noted reader complaints — confirm eligibility directly and prefer a CIRO dealer.
Eightcap was one of the first brokers to offer deep TradingView integration and later added crypto CFDs on many coins. International clients are generally served by its Bahamas entity. Given conflicting reports about Canadian eligibility, confirm directly and keep in mind that the Bahamas licence doesn't provide CIPF or OBSI protection.
Verdict
Good TradingView integration, uncertain Canadian eligibility.
What we like
- +Deep TradingView integration
- +Raw pricing account
Watch out for
- −Canadian eligibility unclear
- −International clients served from the Bahamas
- −Not registered in Canada — no CIPF, CIRO or OBSI protection
How Eightcap scores
Canadian protection carries 40% of the weight, so an unregistered firm can't outrank a registered one on price alone. See the full methodology.
Accounts, markets & platforms
- Platforms
- MT4, MT5, TradingView
- Markets
- Forex (50+ pairs) · CFDs · Crypto
- Pricing
- Standard and Raw accounts
- Minimum deposit
- About US$100
- Leverage
- Offshore entities often advertise 100:1 to 500:1 or more
- CAD / USD accounts
- — CAD | — USD
- Demo account
- Available
Figures are taken from the broker's own disclosures at our last review (2026-09) and change often — always confirm on the broker's website. Spot an error? Tell us.
Verify Eightcap yourself
- Look for the firm on CIRO's list of dealers it regulates.
- Search the legal entity name in the CSA National Registration Search and check it is registered in your province.
- Confirm CIPF membership in the CIPF member directory.
- Search the CSA investor alerts for the brand name and any look-alike websites.
- Make sure the account agreement you sign names the same legal entity — not an offshore affiliate.
Registered alternatives for Canadians
These firms are CIRO dealer members with CIPF-eligible accounts:
Interactive Brokers Canada
Online brokerage
Experienced, cost-sensitive traders who want forex, futures, options and global stocks in one account
Questrade
Online brokerage
Canadians who want TFSA/RRSP investing and forex/CFD trading with one Canadian firm
CMC Markets Canada
Forex & CFD broker
Traders who want the widest CFD and currency-pair range from a Canadian dealer
Eightcap: frequently asked questions
Is Eightcap regulated in Canada?
No. Eightcap is not registered with CIRO or any provincial or territorial securities regulator, although it holds licences elsewhere (Australia, United Kingdom, Cyprus (EU), Bahamas). Canadian protections such as CIPF coverage and OBSI complaint handling do not apply.
Can Canadians open an account with Eightcap?
We could not confirm this. Check Eightcap's restricted-countries list and account-opening terms, and remember that even if it accepts you, you won't have Canadian regulatory protection.
Does Eightcap offer MetaTrader?
Yes — Eightcap supports MT4 and MT5, and you can also trade from TradingView.
What is the minimum deposit at Eightcap?
About US$100. Minimums change, so confirm on the broker's website before funding.
Canadian trader reviews
Reviews are submitted by readers and moderated by our editors for relevance and abuse. They are opinions, not verified facts, and never affect our score.
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