Eightcap Cashback Rebates

Overall, Eightcap offers a Forex cashback of $6 per lot plus revenue share to Introducing Brokers. However, traders could earn when they become an Eightcap influencer or affiliate, allowing them to pay flexible rebates to their clients, according to Eightcap.

Eightcap Cashback Rebates – 37 Key Point Quick Overview

1. ☑️ Eightcap Rebates Summary
2. ☑️ How to Open a Forex Cashback Account with Eightcap (via SAShares)
3. ☑️ Understanding Forex Trading Rebates and How They Work with Eightcap
4. ☑️ The Benefits of Forex Trading Rebates with Eightcap
5. ☑️ Key Factors to Consider When Evaluating Eightcap’s Forex Trading Rebate Program
6. ☑️ Number of Traders Participating in Eightcap Cashback Rebates and Real-Life Examples
7. ☑️ Successful Traders Benefiting from Eightcap’s Rebates – Eightcap’s Forex Trading Rebates Empowering Retail Traders for Success
8. ☑️ Number of Traders participating in Eightcap Cashback Rebates
9. ☑️ Detailed Summary of Eightcap
10. ☑️ Geolocation of Traders
11. ☑️ Advantages that Eightcap Has over Competitors
12. ☑️ Who will Benefit from Trading with Eightcap?
13. ☑️ How to Maximize Your Savings with Forex Trading Rebates at Eightcap
14. ☑️ Eightcap Regulation and Safety of Funds
15. ☑️ Eightcap Awards and Recognition
16. ☑️ Eightcap Account Types and Features
17. ☑️ How to open an Account with Eightcap
18. ☑️ Eightcap Trading Platforms
19. ☑️ Which Markets Can You Trade with Eightcap?
20. ☑️ Eightcap Trading and Non-Trading Fees
21. ☑️ Calculating Forex Trading Rebates with Eightcap
22. ☑️ Eightcap Deposits and Withdrawals
23. ☑️ Legal and Tax Implications – Understanding Forex Trading Rebates with Eightcap
24. ☑️ Risks and Limitations of Forex Trading Rebates at Eightcap
25. ☑️ Strategies to Maximize Rebates with Eightcap
26. ☑️ Eightcap Education and Research
27. ☑️ How to open an Affiliate Account with Eightcap
28. ☑️ Eightcap Customer Support
29. ☑️ Eightcap Alternatives
30. ☑️ Eightcap VPS Review
31. ☑️ Eightcap Web Traffic Report
32. ☑️ Eightcap vs Other Notable Brokers
33. ☑️ Eightcap Pros and Cons
34. ☑️ Eightcap Customer Reviews
35. ☑️ Recommendation for Improving Eightcap Cashback Rebates
36. ☑️ Our Verdict on Eightcap
37. ☑️ Eightcap Frequently Asked Questions

Eightcap Rebates Summary

• ✅ Eightcap has an overall rating of 4.8 / 5
• ✅ Eightcap has a Real Customer Rating of 5 / 5

Eightcap Cashback Forex Conditions

• ✅ Eightcap does not currently list any conditions relating to rebates.

Eightcap Additional Notes on Cashback Rebates

• ✅ Eightcap offers up to 0.36 pips on the standard account.
• ✅ Eightcap pays rebates on Forex, Energies, Cryptocurrencies, Precious Metals, and Indices.
• ✅ Traders can expect monthly payments.

How to Open a Forex Cashback Account with Eightcap (via SAShares)

You can follow these steps to register for a Forex Cashback Account with Eightcap via SAShares.

For New Accounts

If you do not have an existing account with Eightcap, you can easily obtain a cashback rebate in three easy steps.

✅ Step 1: Visit the Eightcap Website

Visit the Eightcap website and click “Open New Account.”

✅ Step 2: Submit a Trading ID

Submit your Trading ID to us: [SAShares]

For Example:

To: [SAShares]

Subject: New Eightcap Rebate Application

“Dear SAShares Team,

Please view my Eightcap Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”

✅ Step 3: Wait for Approval

Wait for approval, which will be sent within [amount of hours]. Once approval is given, you will automatically receive your cashback rebates from the Eightcap system.

For Existing Accounts

If you have an existing Eightcap account, you can get a cashback rebate by following these easy steps.

✅ Step 1:  Send an email to Eightcap: [email protected]

Request that the broker transfer the trading account under the following SAShares Affiliate ID: [SAShares]

For Example:

To: [SAShares]

Subject: Account Transfer Request

“Dear Eightcap Partner/Affiliate Team,

I would hereby like to request that my account be transferred to IB/Partner/Affiliate code [SAShares Code]. Furthermore, I would hereby like to request to be assigned under the mentioned IB regardless of whether my account falls under an umbrella or parent IB.”

✅ Step 2:  Create an additional account

Once you receive confirmation of the transfer from Eightcap, you can create an additional trading account.

✅ Step 3: Contact SAShares

Lastly, you can send your Trading or Client ID to [SAShares].

For Example:

To: [SAShares]

Subject: New Eightcap Rebate Application

“Dear SAShares Team,

Please view my Eightcap Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”

Understanding Forex Trading Rebates and How They Work with Eightcap

Forex trading rebates are cashback benefits given to traders for doing transactions. Brokers often offer these rebates as part of their partnership programs as an incentive to encourage additional trading activity.

Nightcap, for example, provides a one-of-a-kind and adaptable rebate system that helps traders and Introducing Brokers (IBs), affiliates, and influencers. We will review how these rebates operate with Eightcap in more detail below.

Cashback for Traders

• ✅ By actively trading on Eightcap, you can earn $6 with the Forex scheme. Each completed unit will add $6 cashback to your trading account. Implementing this strategy is a great way for traders who aim to simultaneously decrease expenses and enhance profitability.

Revenue Share for Introducing Brokers

• ✅ In addition to the Forex cashback, Eightcap offers a revenue-sharing scheme to Introducing Brokers. This dual benefit enables IBs to profit from the trading activity of clients they bring to Eightcap, generating an extra revenue stream.

Flexible Rebates for Influencers and Affiliates

• ✅ Eightcap goes above and beyond standard rebate models by providing a versatile rebate system for influencers and affiliates. This flexibility enables them to adjust the rebate structure to their client’s demands, increasing client happiness and loyalty.

Bespoke Reporting for Full Control

• ✅ Access to different reporting systems, including bespoke reporting, is one of the prominent aspects of Eightcap’s partnership programs. This gives partners complete control over their leads and allows them to track the efficacy of their rebate programs in real time.

Additional Payment Options for High-Volume Traders

• ✅ If you contribute significantly to Eightcap’s trading volume, the broker will provide you with extra payment choices that are flexible enough to match your unique demands.
• ✅ This is especially advantageous for high-volume traders and successful affiliates who demand more tailored payment alternatives.

Is there a minimum deposit requirement for Eightcap’s Forex trading rebates?

No, with a $100 minimum deposit, Eightcap offers Forex trading rebates on all three live accounts.

Do Eightcap’s Forex trading rebates apply to all trading platforms?

Yes, the rebates from Eightcap are valid on MetaTrader 4, MetaTrader 5, and TradingView platforms.

The Benefits of Forex Trading Rebates with Eightcap

The Benefits of Forex Trading Rebates with Eightcap include:

• ✅ A $6 per lot traded Forex rebate efficiently cuts trading costs, increasing total profitability for traders.
• ✅ In addition to the cashback, Introducing Brokers benefits from a revenue-sharing model, which generates an additional income stream.
• ✅ Eightcap provides a configurable rebate system that enables influencers and affiliates to adjust incentive offerings to the demands of their clients.
• ✅ The rebate structure’s flexibility allows for a more individualized client experience, enhancing client contentment and loyalty.
• ✅ Partners have access to several reporting systems, including bespoke reporting, providing complete control over their leads and the performance of their rebate programs.
• ✅ High-volume traders might choose more flexible payment alternatives tailored to their specific requirements.
• ✅ Eightcap offers comprehensive support in market funnel optimization, bespoke marketing collateral, and digital marketing guidance, offering value beyond cash rewards.
• ✅ Nightcap is a trusted CFD broker that serves more than 120 countries, making it a dependable partner for Forex trading and rebates.
• ✅ With support for the MT4 and MT5 platforms and connection with TradingView, traders can execute trades on several platforms and profit from rebates.

With over 1000 assets and 300+ crypto derivatives to trade, Eightcap provides traders with diverse alternatives for earning rebates.

Do Eightcap’s Forex trading rebates affect the quality of trade execution?

No, the rebates offered by Eightcap do not affect the speed or quality of trade execution.

How do Eightcap’s Forex trading rebates benefit high-frequency traders?

Through Eightcap’s Forex trading rebates, high-frequency traders can significantly reduce their trading costs.

Key Factors to Consider When Evaluating Eightcap’s Forex Trading Rebate Program

Rebate Amount and Structure

• ✅ The first things to consider are the actual rebate amount and how it is structured. Eightcap provides a $6 per lot payback, which is a significant amount. Consider how this value corresponds to your trade volume to determine prospective earnings.

Asset Range and Trading Platforms

• ✅ The assortment of trading assets and platforms provided could impact your earning capabilities. With Eightcap, you can access a broad range of assets with backing for multiple trading platforms like MT4, MT5, and TradingView. Confirming if these choices correspond with your individualized trading tactics would be wise.

Credibility and Global Reach

• ✅ When evaluating Eightcap as a broker, it’s important to note their extensive reach and reputation. With coverage in more than 120 countries, they are consistently recognized among the top global brokers.
• ✅ If you want to expand your trading or affiliate endeavors beyond borders, having an established worldwide presence like Eightcap can be advantageous.

Additional Support and Resources

• ✅ Apart from the financial benefits, Eightcap extends its support to operations and marketing, which can significantly impact your business’s effectiveness. Consequently, it is prudent to conduct a thorough evaluation of the excellence of these resources.

Payment Options and Frequency

• ✅ Understanding your payment options and the frequency with which you can withdraw your revenue is critical. Eightcap provides daily commission payouts and various withdrawal alternatives, particularly for large-volume traders. Check that these parameters fit your cash flow needs.

Flexibility in Rebate Options

• ✅ Eightcap offers a flexible rebate structure that is especially useful for influencers and affiliates. Consider how this adaptability might be modified to match your individual requirements or your clients.

Reporting and Tracking Tools

It is critical to have powerful reporting tools available to monitor the efficacy of your rebate program. Eightcap provides various reporting solutions, including bespoke reporting, which should be evaluated for comprehensiveness and convenience.

Are there any hidden fees associated with Eightcap’s Forex trading rebates?

No, there are no hidden fees on Eightcap’s Forex trading rebates.

Do Eightcap’s Forex trading rebates expire?

No, unless otherwise specified, Eightcap’s Forex trading rebates do not have an expiration date.

Number of Traders Participating in Eightcap Cashback Rebates and Real-Life Examples

While we do not have the exact number of traders participating in Eightcap’s rebates, we can provide some real examples of the program in action.

Zeda – The Introducing Broker

• ✅ Zeda is a 20-active trader network Introducing Broker. Each of these dealers trades 30 lots each month on average.  Zeda earns a revenue share from her clients’ trading activities and receives the $6 per lot payback. Zeda can earn $3,600 in cashback alone in a month, in addition to her revenue share.

Mack – The Affiliate Marketer

• ✅ Mack owns a trading blog and has successfully sent several traders to Eightcap via his affiliate link. He chooses a customizable rebate scheme to pay his referrals $4 for each lot traded. As a result, his affiliate offering becomes more appealing, and he gets a $2 difference for each lot exchanged by his referrals.

Blake – The Individual Trader

• ✅ Blake is a Forex trader who trades an average of 50 monthly lots. With Eightcap’s $6 per lot payback, Blake would receive a $300 monthly reward. This greatly lowers his trading costs while increasing his overall profitability.

Successful Traders Benefiting from Eightcap’s Rebates – Eightcap’s Forex Trading Rebates Empowering Retail Traders for Success

Josie – The Day Trader

• ✅ Josie is a day trader who trades in large numbers every day. The payback of $6 per lot would lower her trading costs, allowing her to reinvest her savings in more deals. The cashback might equate to significant monthly savings, given her large trading volume.

Carl – The Crypto Enthusiast

• ✅ Carl is an expert in trading cryptocurrency derivatives. With Eightcap offering up to 50% revenue share for crypto derivatives, Alex stands to benefit significantly from rebates, increasing his overall earnings in the volatile crypto market.

Levi – The Trading Influencer

• ✅ Levi has a significant social media following and offers trading ideas and methods. She might earn a commission and provide value to her audience by becoming an Eightcap influencer and offering a special rebate deal to her followers.

Number of Traders participating in Eightcap Cashback Rebates

Eightcap serves traders from around the world. However, no indication of how many of Eightcap’s clients participate in its cashback rebates exists.

Detailed Summary of Eightcap

Geolocation of Traders

Most of Eightcap’s market share is concentrated in these areas:

• ✅ Australia – 14.73%
• ✅ United Kingdom – 7.94%
• ✅ Malaysia – 7.76%
• ✅ Canada – 7.68%
• ✅ Switzerland – 4.91%
• ✅ France – 4.8%
• ✅ Thailand – 4.49%

Eightcap Current Expansion Focus

• ✅ Eightcap is currently expanding across Europe, the Bahamas, and Australia.

Countries not accepted by Eightcap

Eightcap does not accept traders from these areas:

• ✅ United States
• ✅ North Korea
• ✅ Iran, and more.

Popularity among traders who choose Eightcap

Eightcap is one of the top 100 forex brokers in the world.

Advantages that Eightcap Has over Competitors

Eightcap has the following advantages over its competitors:

• ✅ Fast and efficient deposit and withdrawal options: Eightcap offers traders fast and efficient deposit and withdrawal options, which is a significant advantage over its competitors. This means traders can quickly deposit funds into their trading accounts and withdraw profits without delays.
• ✅ Excellent customer service: Eightcap is known for its exceptional customer service, another advantage over its competitors. The company has a team of knowledgeable and experienced professionals who are always ready to assist traders with any questions or concerns.
• ✅ Two types of accounts: Eightcap offers traders two types of accounts, a standard account and a raw account, which have different features to suit the needs of different traders. This flexibility is an advantage over competitors offering only one type of account.
• ✅ Crypto deposits and withdrawals: Eightcap allows traders to deposit and withdraw funds using cryptocurrencies, a unique advantage over many competitors.

Tight spreads.  Eightcap offers traders tight spreads on a wide range of financial instruments, which is another advantage over competitors that may have wider spreads.

Who will Benefit from Trading with Eightcap?

Eightcap is a forex broker that caters to a wide range of traders, including novice and experienced traders.

• ✅ The broker’s offerings suit traders looking for a reliable and efficient platform to trade financial instruments such as forex, commodities, indices, and cryptocurrencies.
• ✅ Novice traders starting in the trading world can benefit from Eightcap’s user-friendly trading platform, educational resources, and excellent customer support. In addition, Eightcap offers a demo account that allows novice traders to practice trading without risking their own money.
• ✅ Experienced traders looking for a reliable and efficient trading platform with competitive conditions can benefit from Eightcap’s tight spreads, fast execution speeds, and multiple trading tools.
• ✅ Eightcap offers a raw account with even tighter spreads and no commission charges, which will suit more experienced traders.
• ✅ Traders who prefer to use cryptocurrencies can benefit from Eightcap’s ability to facilitate crypto deposits and withdrawals, which many other forex brokers do not offer.

Eightcap’s commitment to providing excellent customer service, competitive trading conditions, and a user-friendly trading platform makes it a valuable option for traders looking for a reliable forex broker.

How to Maximize Your Savings with Forex Trading Rebates at Eightcap

• ✅ If you are an influencer or affiliate, you can use the flexible rebate structure to offer personalized incentives to your clients while earning a commission and growing client loyalty.
• ✅ To take advantage of rebates across the board, diversify your trading across multiple asset classes accessible on Eightcap.
• ✅ The more you trade, the more money you will save. With a cashback of $6 per lot, increasing your trade volume can dramatically increase your rebate earnings.
• ✅ With a trading network, you can become an Introducing Broker and receive cashback and revenue share, improving your overall savings.
• ✅ Look for any promotional offers or modifications to the rebate program that Eightcap may implement and adjust your trading approach accordingly.
• ✅ Use Eightcap’s powerful reporting tools to regularly track your trading actions and rebate profits, allowing you to make data-driven decisions.
• ✅ Some assets may give bigger rebates than others, particularly crypto derivatives. To maximize your cashback, concentrate your trading on these assets.

Finally, take advantage of Eightcap’s flexible withdrawal choices to access your earnings when needed, optimizing your cash flow.

Is there a limit to how much I can earn in Forex trading rebates at Eightcap?

No, there is no limit to the number of Forex trading rebates you can earn.

Can I use Eightcap’s Forex trading rebates to offset trading costs?

Yes, you can use your rebates from Eightcap to offset trading expenses like spreads and commissions.

Eightcap Regulation and Safety of Funds

Eightcap Global Regulations

How Eightcap Protects Traders and Client Funds

Eightcap is a worldwide recognized CFD broker that prioritizes the safety and security of its clients’ assets and data. The broker follows tight regulatory rules, which adds credibility and assurance for traders.

Advanced encryption methods are used to safeguard online transactions and preserve sensitive information. Furthermore, Eightcap employs segregated accounts to ensure that client assets are kept separate from the company’s operational finances, providing additional financial security.

The broker also provides various risk management tools that traders can use to protect their investments. Eightcap is continuously ranked among the top brokerages worldwide, serving clients in over 120 countries, with a commitment to offering a secure trading environment.

As a result, traders may confidently use Eightcap’s different trading platforms and asset offerings, knowing that they are doing so in a safe and regulated environment.

How does Eightcap ensure the safety of client funds?

To keep client funds separate from the company’s operational funds, Eightcap uses segregated accounts.

What measures does Eightcap take to secure online transactions?

Eightcap secures online transactions and protects client data with advanced encryption technologies.

Eightcap Awards and Recognition

According to Eightcap’s website, the company has been recognized for the following honors in recent years as a broker:

• ✅ Most Cryptos Award in 2022
• ✅ Global Forex Awards winner as a retail broker in 2021
• ✅ Best Crypto Broker in 2021
• ✅ Best Forex Trading Conditions – World Finance Forex Awards 2021
• ✅ Best Global Forex ECN Broker – Global Forex Awards 2020
• ✅ Best Forex ECN Broker – Forex Awards 2020
• ✅ Best Forex Broker Australia – Forex Awards 2020

Finally, Eightcap was awarded Best Forex Broker in Asia – Forex Awards 2020

Eightcap Account Types and Features

Eightcap Standard Account

Designed to cater to novice and seasoned traders, the Standard Account offers a simplistic trading experience without transactional fees.

Although spreads may not be as narrow as the Raw account, they remain competitive enough for reasonable returns. The Standard Account is ideal for those who want an easy-to-understand fee structure and want to commence their trades at no extra commission charge.

Eightcap Raw Account

The Raw Account is designed for more experienced traders seeking narrower spreads. This account type does charge a commission on trades, but in exchange, it has reduced spreads.

The Raw Account is a good option for high-volume traders, scalpers, and those who use Expert Advisors (EAs). The Raw Account enables traders to get closer to market prices, potentially improving profits.

Eightcap Tradingview Account

The TradingView Account is a specific account type that works in tandem with the TradingView platform. This enables traders to use TradingView’s powerful charting tools and social networking capabilities while making trades using Eightcap.

Furthermore, the TradingView Account is a good choice for traders who rely significantly on technical analysis and wish to benefit from TradingView’s community-driven insights.

Eightcap Demo Account

Before applying for a live account, clients can use the demo account to become acquainted with the trading platform, atmosphere, and experience.

The demo account is useful for all traders to examine, alter, evaluate, and bug-fix methods and solutions without risking money. The demo account is available for 30 days by default, although Eightcap permits extensions through customer care requests.

The Eightcap sample account is flexible and adaptable, supported by MT4/MT5. Algorithmic trading (EAs) is supported, and Eightcap fully supports it.

Beginners can test out the Eightcap trading environment as well as the capabilities of the MT4/MT5 trading platforms. They can also look through the thousands of third-party plugins, upgrades, custom indicators, and EAs.

In addition, experienced traders can use demo accounts to fine-tune existing methods, test new ones, and experiment with settings.

How to open an Account with Eightcap

To register a live trading account with Eightcap, you can follow these steps:

• ✅ Go to the Eightcap website to begin the account opening procedure.
• ✅ On the top right of the page, click the “Create Account” button.
• ✅ Complete the registration form with basic information, such as your country of residence, name, email address, preferred password, and a valid mobile phone number.
• ✅ Eightcap will issue a verification email, which traders must click to access the back office.
• ✅ Traders will receive a second welcome email with their trading account login information.
• ✅ Traders must supply a copy of a government-issued ID and one proof of residency document to validate their Eightcap trading account.
• ✅ If you wish to investigate the options provided by this broker, you must first select an account type, which should be based on your level of trading and investing experience. The Eightcap Standard, Raw, and TradingView Accounts are the three types of live accounts offered by Eightcap.

Making a minimum deposit of $100 or more completes the account registration process, allowing clients to begin trading all accessible assets.

Eightcap Trading Platforms

Eightcap offers traders a choice between these trading platforms:

• ☑️ MetaTrader 4
• ☑️ MetaTrader 5
• ☑️ TradingView

MetaTrader 4

Online brokerage businesses highly favor the MT4 trading platform from MetaQuotes Software. It boasts extensive features yet maintains a user-friendly interface, enabling traders to receive real-time guidance from their Expert Advisor and select tactics based on current market trends.

With over 30 advanced technical indicators and comprehensive charting tools, the platform equips users with all the necessary resources for making informed Forex trading decisions.

The live account includes access to various services such as streaming audio commentary about markets, free research tools, and intelligent analysis via chart-pattern recognition algorithms- making it a one-stop-shop for all investment-related needs.

MetaTrader 5

MT5 is a trading platform designed for the technically competent and experienced trader. It has a more technical interface with tools enabling users to create, build, and test their Expert Advisors.

It allows traders more control over their deals because it is more technical in the trading environment. MT5 lets traders employ 38 technical indicators and 44 graphical items, allowing for precise technical analysis.

The economic calendar also keeps traders updated on the newest macroeconomic developments. On the MetaTrader 5 platform, hedging and netting are both permitted. On MT5, traders can place two market orders, six pending orders, two stop orders, and a trailing stop.

TradingView

TradingView is incorporated with Eightcap, enabling clients to chart and trade on the TradingView platform. In three straightforward steps, clients can connect their Eightcap account to TradingView.

Integration with TradingView is a wonderful feature for traders who prefer TradingView’s charting tools and wish to use them in conjunction with Eightcap’s trading conditions.

The displays on TradingView are rock-solid; they can easily scroll through charts, and when you alter a setting, it takes effect immediately. TradingView expended a substantial amount of money on their charts, which is evident.

Is MetaTrader 4 available on Eightcap?

Yes, Eightcap provides the MetaTrader 4 platform, which is well-known for its user-friendly interface and sophisticated technical indicators.

What are the unique features of TradingView on Eightcap?

TradingView on Eightcap provides powerful charting tools and seamless integration with the trading conditions on Eightcap.

Which Markets Can You Trade with Eightcap?

Traders can expect the following range of markets from Eightcap:

• ✅ Forex
• ✅ Commodities
• ✅ Indices
• ✅ Shares
• ✅ Cryptocurrencies

Financial Instruments and Leverage offered by Eightcap

Does Eightcap offer Forex trading?

Yes, Eightcap provides Forex trading with 45 currency pairs and up to 1:500 leverage.

Is cryptocurrency trading available on Eightcap?

Yes, with a maximum leverage of 1:20, Eightcap allows you to trade 250 cryptocurrencies.

What types of financial instruments can I trade with Eightcap?

Eightcap provides various financial instruments such as Forex, commodities, indices, stocks, and cryptocurrencies.

What is the maximum leverage for trading indices with Eightcap?

For trading indices, Eightcap provides a maximum leverage of 1:200.

Eightcap Trading and Non-Trading Fees

Spreads

Unlike other brokers that offer various account options with greater minimum deposits tied to tighter spreads, Eightcap offers two live accounts with a $100 minimum deposit for both.

Furthermore, the Standard account incorporates trading fees into its variable spreads. On the other hand, the Raw Spread account provides raw spread prices for a commission fee for each lot. Here are the typical spreads that you can expect from Eightcap:

• ✅ Standard Account – from 1 pip EUR/USD
• ✅ Raw Account – From 0.0 pips EUR/USD
• ✅ TradingView – From 1 pip EUR/USD

Commissions

• ✅ The Standard Account at Eightcap is commission-free, whereas the Raw Account is charged $3.5 for each lot traded.

Overnight Fees, Rollovers, or Swaps

The overnight costs charged by EightCap, also known as swaps, vary according to the financial instrument being exchanged, the size of the transaction, and the current market circumstances.

Depending on the currency pair and the direction of the trade, overnight costs for forex pairings are either levied or credited to a trader’s account.

Assume a trader purchases a currency pair with a greater interest rate than the one they sell. In that situation, they may see a credit in their account the next day. In contrast, they may be charged an overnight fee if they sell a currency pair with a greater interest rate than the currency they buy.

Overnight costs for indices, commodities, and cryptocurrencies may also be levied or credited to a trader’s account, depending on the asset transacted and market conditions.

Eightcap presently does not publish its swap fees. Instead, traders can open a demo account on MetaTrader 4/5 to check swap fees.

Currency Conversion Fees

Currency conversion fees apply if traders deposit or withdraw funds in currencies other than AUD, USD, GBP, EUR, NZD, CAD, or SGD.

Does Eightcap charge overnight fees or swaps?

Yes, Eightcap charges overnight fees, depending on the financial instrument and market conditions.

Does Eightcap charge inactivity fees?

No, there are no inactivity fees at Eightcap.

Calculating Forex Trading Rebates with Eightcap

Rebates are cashback benefits given to traders for performing trades, and they can drastically lower overall trading costs. Below is how to calculate rebates:

• ✅ Understanding how to calculate Forex trading rebates with Eightcap is critical for traders trying to maximize their gains. Rebates are cashback benefits given to traders for performing trades, and they can drastically lower overall trading costs. Below is how to figure out how to get these rebates:
• ✅ Eightcap has several account types, each with its own set of fees and rebates. The Raw Account, for example, charges a $3.5 commission per lot traded but has lower spreads. Understanding the rebate structure will be easier if you know what type of account you have.
• ✅ Rebates are offered at varying rates. To discover the rebate rate for your account type, visit Eightcap’s terms and conditions or contact customer care.
• ✅ Rebates are frequently linked to trading volume. The more you trade, the more rebates you can receive. Estimate your rebates by calculating the number of lots you intend to trade. The spread can affect the net rebate you receive for accounts such as the Standard Account. The effective rebate may be reduced if the spread is wider. In your computations, always take the average spread into account.
• ✅ Do not forget to deduct these fees from your total rebates if you use a commission-based account, such as the Raw Account.
• ✅ Some rebates are determined on a daily, weekly, or monthly basis. Knowing when your rebates are due will help you organize your trading strategy more efficiently.
• ✅ Eightcap may occasionally offer special promotions or bonuses that may affect your rebates. Keep a look out for these possibilities since they have the potential to increase your earnings drastically.

It is also critical to note that rebates may have tax consequences. Consult a tax professional to learn how to declare these earnings.

Examples of Eightcap Rebates Calculations

Let us look at some examples to understand further how Forex trading rebates with Eightcap operate. To keep things simple, we will look at three types of accounts.

EightCap Standard Account

• ✅ Average Spread: 1 pip on EUR/USD
• ✅ Commission: None
• ✅ Rebate Rate: Let us assume $2 per lot
• ✅ Trade Volume: 10 lots
• ✅ Rebate Calculation:
• ✅ Rebate = Rebate Rate x Trade Volume
• ✅ Rebate = $2 x 10
• ✅ Rebate = $20

EightCap Raw Account

• ✅ Average Spread: 0.0 pips on EUR/USD
• ✅ Commission: $3.5 per lot
• ✅ Rebate Rate: Let us assume $1.5 per lot
• ✅ Trade Volume: 5 lots
• ✅ Rebate Calculation:
• ✅ Rebate = (Rebate Rate – Commission) x Trade Volume
• ✅ Rebate = ($1.5 – $3.5) x 5
• ✅ Rebate = -$2 x 5
• ✅ Rebate = -$10

EightCap TradingView Account

• ✅ Average Spread: 1 pip on EUR/USD
• ✅ Commission: None
• ✅ Rebate Rate: Let us assume $2.5 per lot
• ✅ Trade Volume: 8 lots
• ✅ Rebate Calculation:
• ✅ Rebate = Rebate Rate x Trade Volume
• ✅ Rebate = $2.5 x 8
• ✅ Rebate = $20

Is there a difference in rebate calculation between Standard and Raw accounts at Eightcap?

Yes, the Eightcap Raw Account usually offers raw spread prices and charges a commission fee, which reduces the net rebate.

Is there a minimum trading volume required to earn rebates at Eightcap?

Yes, the minimum trading volume required to earn rebates at Eightcap varies by account type and financial instrument.

Eightcap Deposits and Withdrawals

Eightcap provides a rebate program that can benefit both novice and experienced traders. This section will delve into the specifics of claiming and withdrawing rebates at Eightcap and the deposit and withdrawal processes.

Eightcap offers the following deposit and withdrawal methods:

• ✅ Credit/Debit Card
• ✅ POLi
• ✅ Bank Wire
• ✅ BPAY
• ✅ China UnionPay
• ✅ Skrill
• ✅ Neteller
• ✅ Cryptocurrencies
• ✅ PayPal
• ✅ Worldpay
• ✅ Fasapay
• ✅ PSP
• ✅ PayRetailers

How to Deposit Funds with Eightcap

It is necessary to deposit funds into your Eightcap account before you can begin trading and earn rebates. The procedure is uncomplicated:

• ✅ You can access your Eightcap trading account via their website or trading platform.
• ✅ Locate “deposit” under “Account” or “Funds.”
• ✅ Eightcap provides a variety of payment methods, including bank remittances, credit/debit cards, and e-wallets. Choose the option that best suits you.
• ✅ Indicate the quantity you intend to deposit. Remember that $100 is the minimum deposit for all account categories.

Review and validate the transaction’s specifics. The funds should appear promptly in your trading account, depending on the payment method.

Eightcap Fund Withdrawal Process

The withdrawal of funds and earned rebates from Eightcap are equally essential. Here is how to withdraw your rebates:

• ✅ As with deposits, the initial stage involves logging into your trading account.
• ✅ Under the ‘Account’ or ‘Funds’ heading, this is typically located in the same section as the deposit section.
• ✅ Using the same method for deposits to withdraw is recommended, ensuring a seamless transaction.
• ✅ Enter the quantity that you would like to withdraw. This can include your trading funds and any rebates you have earned.
• ✅ After verifying all the pertinent information, submit your withdrawal request.
• ✅ Depending on the broker’s policy, you may be required to submit additional verification documents, particularly for large withdrawal amounts.
• ✅ After verification, the funds will be transmitted to your chosen account. The duration of this process can vary based on the withdrawal method chosen.

If you participated in the rebate program, verify that the rebates were deducted from your withdrawal.

What is the process for withdrawing rebates from my Eightcap account?

Earned rebates from Eightcap can be withdrawn using the same methods as fund withdrawals, such as bank transfers or e-wallets.

Are there any fees for withdrawing rebates from Eightcap?

Like its fund withdrawal policy, Eightcap does not charge fees for withdrawing rebates.

Legal and Tax Implications – Understanding Forex Trading Rebates with Eightcap

Forex trading rebates can help traders offset some of the costs associated with trading, but it is essential to comprehend these rebates’ legal and tax ramifications.

Legal Implications

• ✅ Before participating in any rebate program, it is essential to review the terms and conditions thoroughly. These will define your and the broker’s rights and responsibilities.
• ✅ Ensure that the rebate program complies with the jurisdiction’s regulations in which you conduct business. Multiple entities regulate Eightcap, thereby enhancing its credibility and security.
• ✅ Certain jurisdictions may mandate that traders disclose any rebates they receive. Failure to comply may result in legal consequences.

Tax Implications

• ✅ In numerous jurisdictions, trading rebates are regarded as taxable income and are therefore subject to taxation.
• ✅ You may be required to report the quantity of tax rebates you received during the tax year. Consult a tax professional to determine your reporting responsibilities.
• ✅ In some instances, you may be able to deduct trading expenses from rebates received, reducing your taxable income. Nevertheless, tax laws differ by jurisdiction; therefore, consulting a tax expert for advice tailored to your specific circumstances is essential.

Are forex trading rebates considered taxable income at Eightcap?

Yes, they are. While Eightcap does not offer tax advice, forex trading commissions are taxable income in many jurisdictions.

Is Eightcap required to send a tax form for the rebates I earn?

No, Eightcap typically does not send tax forms for earned rebates; the trader is responsible for keeping track of tax reporting purposes.

Risks and Limitations of Forex Trading Rebates at Eightcap

Risks of Forex Trading Rebates at Eightcap

• ✅ Rebate schemes may involve terms and conditions that are difficult to grasp. Failure to understand these can result in unforeseen outcomes.
• ✅ While trading rebates can provide an additional source of revenue while also lowering trading costs, there are some hazards and restrictions to be aware of.
• ✅ Collecting rebates may tempt traders to trade more frequently, resulting in overtrading. This increases the possibility of large losses.
• ✅ While Eightcap is a regulated broker, always confirm that the rebate program adheres to regulatory criteria to reduce the danger of fraud.

Limitations of Forex Trading Rebates at Eightcap

• ✅ Some rebate programs have minimum trading volume or deposit limitations. Failure to complete these requirements may result in the rebate being forfeited.
• ✅ Not all financial instruments may be eligible for rebates. Eightcap, for example, may provide rebates for Forex trading but not for other asset classes.
• ✅ Some rebate programs are time-limited, which means you must earn and collect your rebates within a specific term.
• ✅ There may be conditions for withdrawing rebates, such as completing a particular number of trades before the rebate sum becomes withdrawable.

Can I lose my earned rebates from Eightcap?

No, Rebates are typically not forfeited once earned.

Are rebates from Eightcap guaranteed?

No, rebates are not guaranteed and are determined by your trading volume and the terms of the specific rebate program you participate in.

Strategies to Maximize Rebates with Eightcap

Strategies to Maximize Rebates with Eightcap include:

• ✅ During peak trading hours, when spreads are narrower, you can maximize your profits while still receiving rebates.
• ✅ Using trading bots to conduct high-frequency transactions increases the number of traded lots and, consequently, the rebates earned.
• ✅ Utilize Eightcap’s operational and marketing support to maximize rebate earnings by optimizing your trading or affiliate strategy.
• ✅ As an affiliate, you should employ effective digital marketing strategies to attract more customers by offering them customized rebate options.
• ✅ While maximizing rebates, employ sensible risk management strategies to safeguard your capital.
• ✅ Consider reinvesting your rebates back into trading, thereby multiplying your prospective earnings.
• ✅ Continuously evaluate and modify your trading strategy based on your rebate earnings and market conditions to maximize your savings.

Finally, focus on recruiting high-volume traders as clients to maximize your revenue share and rebates if you are an Introducing Broker.

Can I use scalping to earn more rebates with Eightcap?

Yes, scalping is a viable strategy for increasing trading volume and potentially earning more rebates, but make sure it is per Eightcap’s terms and conditions.

Does the leverage offered by Eightcap affect my potential to earn rebates?

Yes, higher leverage can boost your trading volume, but it also raises your risk, so use it cautiously to maximize rebates.

Eightcap Education and Research

Education

Eightcap offers the following Educational Materials:

• ✅ MetaTrader Guides
• ✅ Fundamentals
• ✅ Trading Strategies

Research

Eightcap offers traders the following Research and Trading Tools:

• ✅ CFD News
• ✅ Market updates
• ✅ Forex News
• ✅ Live Webinars
• ✅ TradingView

How to open an Affiliate Account with Eightcap

To register an Affiliate Account with Eightcap, traders can follow these steps:

• ✅ Go to the Eightcap website and click the “About” tab.
• ✅ Click the “Overview” button under Partnerships, choose between becoming an Introducing Broker or White Label, and complete the registration form.
• ✅ Once you have submitted the form, an Eightcap representative will contact you to verify your details and provide further information about the affiliate program.
• ✅ Upon approval, you will receive access to the Eightcap affiliate portal to generate unique referral links and track your commissions and earnings.
• ✅ To earn commissions, share your unique referral links with potential clients, and encourage them to sign up for a trading account with Eightcap.

You will earn commissions based on the trading activity of the clients referred by you. Therefore, the commission structure and pay-out rates may vary depending on the trading volume and the number of clients referred.

Eightcap Affiliate Program Features

Eightcap’s Affiliate program has the following features:

• ✅ Introducing Brokers is fundamental to Eightcap’s business, and Eightcap has invested significantly to provide introducers with fast, reliable, and secure service. This allows you to spend less time managing back-office operations and more time building and maintaining your customer relationships.
• ✅ Eightcap’s compensation structure has been thoughtfully designed to ensure that introducers and traders of all levels are adequately rewarded for their referrals. The more your customers trade, the more rebates you earn.
• ✅ Our exclusive and easy-to-use Partner Portal provides total visibility, allowing you to stay up-to-date with your commission payments and your customers’ trading activity and profitability.

Eightcap offers a variety of free marketing tools and materials, including banners and personalized referral links, for you to utilize to your full potential. With the Eightcap Partner Portal, you can track every click, impression, download, and sign-up.

Eightcap Customer Support

Eightcap provides customer support services to assist traders with their inquiries, technical issues, and other concerns. Here is a general overview of Eightcap’s customer support:

• ✅ Traders can contact Eightcap’s customer support team through various channels, including email, phone, live chat, and a web-based support form.
• ✅ The customer support team is available 24/5 to assist traders with their inquiries and issues. However, the availability of certain channels may vary depending on the location and the type of account.
• ✅ Eightcap offers a comprehensive FAQ section on its website, which covers various topics related to account opening, deposits, withdrawals, trading platforms, and more.
• ✅ The customer support team is knowledgeable and experienced, with multilingual support available for traders who prefer to communicate in languages other than English.

Eightcap provides educational resources, including webinars, video tutorials, and market analysis, to help traders improve their skills and knowledge.

Does Eightcap offer support in multiple languages?

Yes, to serve its global clientele, Eightcap offers customer service in multiple languages.

How quickly does Eightcap’s customer support respond to queries?

Eightcap always responds to customer inquiries immediately, usually within a few hours.

Eightcap Alternatives

• 🥇 Pepperstone, founded in Australia in 2010, is a globally recognized broker for its low trading costs and various trading platforms. Pepperstone keeps costs low with some of the tightest spreads in the industry, averaging 0.77 pips (EUR/USD) on its Standard Account. For traders who prefer classic ECN trading, the Razor Account has low commissions and spreads, averaging just 0.17 pips on the EUR/USD.

• 🥈 Fusion Markets, founded in 2017, offers two low-cost accounts on MT4 and MT5, research tools, 24/7 customer service, and free and fast withdrawals. In addition, Fusion Markets accounts have no minimum deposit requirements. Furthermore, its Zero Account has spreads that start at 0 pips (EUR/USD) in exchange for a commission of 4.5 USD, making it one of the lowest-cost accounts in the industry.

• 🥉 AvaTrade is an option for novice investors seeking a basic understanding of forex and CFD trading. In addition, AvaTrade is ideal for new and undercapitalized traders seeking to build on limited skill sets with a variety of products, reasonable spreads, and a choice of user interfaces.

Eightcap VPS Review

Eightcap provides a Virtual Private Server (VPS) service through ForexVPS, which allows traders to run their trading strategies and automated trading systems (EAs) without any interruptions caused by internet connectivity or power outages. Here are some key details about Eightcap’s VPS service:

• ✅ Eightcap VPS service is free for traders who maintain a minimum balance of $5,000 (or currency equivalent) in their trading account or trade a minimum of 5 standard monthly lots.
• ✅ ForexVPS, a leading provider of VPS solutions for forex traders, hosts Eightcap VPS service. It includes a high-speed connection, low latency, and 24/7 technical support.
• ✅ Eightcap VPS service is compatible with the popular MetaTrader 4 and MetaTrader 5 trading platforms and other trading platforms.
• ✅ Eightcap’s VPS service allows traders to upload and run their EAs and trading strategies without needing a dedicated computer or constant internet connection. This enables traders to execute their trades faster and more efficiently, even in volatile market conditions.

Eightcap’s VPS service also includes advanced security features, such as data encryption, firewalls, and regular backups, to ensure the safety and integrity of traders’ data and transactions.

Eightcap Web Traffic Report

Eightcap vs Other Notable Brokers

Eightcap Pros and Cons

Eightcap Customer Reviews

🥇 Happy Thusfar.

I appreciate the benefits provided by Eightcap’s two account options. However, there is room for improvement regarding withdrawal times, as the requirement for approval from Australia may cause delays. In addition, the account creation process also necessitates approval, which may be frustrating for individuals seeking a new account promptly. – Wilson Obrien

🥈 Exceptional Support.

My quest for brokers offering tight spreads for commodity trading led me to discover Eightcap. The exceptional customer service experience was a pleasant surprise. – Dewi Navarro

🥉 Excellent.

Eightcap is a commendable broker that enables crypto deposits and withdrawals. The trading conditions on MT5 are excellent. The chat support feature is noteworthy for its responsiveness and ability to provide precise and consistent assistance. – Tyrell Ashley

Recommendation for Improving Eightcap Cashback Rebates

Eightcap offers cashback rebates on all financial asset classes except shares, which could be an area where the broker can improve.

• ✅ Promotional rebates based on season or event could attract new traders and re-engage inactive ones.
• ✅ Implementing a tiered system based on trading volume or account type could encourage increased trading activity and attract a larger spectrum of traders.
• ✅ Reduced time to process and distribute rebates would improve the overall consumer experience.
• ✅ More rebate alternatives, such as direct payment into a trading account or digital wallets, could make the procedure easier for users.
• ✅ By lowering the minimum trading volume required to qualify for rebates, the program may become more accessible to retail traders.
• ✅ Allowing rebates to be received in several currencies could appeal to the wide global customer base of Eightcap.
• ✅ Providing educational information aimed specifically at optimizing rebates could assist traders in making more educated selections.
• ✅ Eightcap should improve openness by providing a full description of how rebates are calculated, allowing traders to understand better what to expect.
• ✅ Adding a function that allows traders to track their accrued rebates in real time would improve the user experience.

Finally, a dedicated customer service line for rebate-related questions could help expedite the process and resolve concerns more quickly.

Our Review Methodology:   For each of our broker evaluations, we investigate, evaluate, analyze, and compare what we feel to be the most crucial criteria to consider when selecting a broker.  This evaluation comprises positives, disadvantages, and an overall score based on our findings. We want to assist you in locating the ideal broker for your requirements.  Our broker review should not be considered financial advice. However, traders are urged to seek professional financial advice before making investment decisions.

Addendum/Disclosure:  No matter how diligently we strive to maintain accuracy, the forex market is a volatile environment that may change at any time, even if the information supplied is correct at the time of going live.

Investor Warning: Foreign currency trading on margin is associated with an elevated risk and may not be appropriate for all investors. Before engaging in foreign currency or Contract for Difference (CFD) trading, you must evaluate your investing goals, expertise, appetite for risk, and willingness to be exposed to risk. In addition, you should not start investing capital you cannot afford to lose because you could lose part of your original investment.

Our Verdict on Eightcap

We believe that Eightcap’s cashback rebate program is tempting for traders wishing to offset some of their trading costs. The program complements Eightcap’s several account types, providing beginner and expert traders flexibility.

We appreciate the program’s clear terms and conditions, demonstrating Eightcap’s dedication to ethical trading practices.

However, we advise traders to be completely informed of the legal and tax implications of getting rebates. To ensure compliance with local rules and regulations, consulting with professionals in these fields is critical.

While the program provides a financial incentive to trade, we warn traders about the risk of overtrading. The temptation of rebates should not distract traders from their primary goal of making lucrative bets based on strong tactics.

We also applaud Eightcap for offering this program across numerous account types, including the TradingView Account, demonstrating a level of inclusion for traders with varying trading platform preferences.

Eightcap Frequently Asked Questions

What are forex trading rebates?

Forex trading rebates are financial incentives offered to traders that typically consist of a portion of the spread or commission fees being returned to the trader’s account.

How do forex trading rebates work with Eightcap?

Eightcap provides rebates through its Standard and Raw accounts, allowing traders to recoup a percentage of their trading costs through lower spreads or cheaper commission fees.

Are forex trading rebates taxable?

Yes, forex trading rebates are taxable income and must be reported to the appropriate tax authorities.

Are there any limitations or restrictions on using forex trading rebates?

Yes, Eightcap’s rebate program may have certain terms and limitations, such as minimum trading volumes or account types.

Is there a minimum deposit required to qualify for Eightcap’s rebates?

Yes, a minimum deposit of $100 is normally necessary to be eligible for the rebate program at Eightcap.

Are there any requirements to be eligible for forex trading rebates with Eightcap?

Yes, to be eligible for rebates from Eightcap, traders must often achieve specific trading volume requirements.

Do Eightcap’s rebates expire?

No, Eightcap’s rebates do not usually expire, but check the individual terms and conditions for any restrictions.

Can I combine forex trading rebates with other promotions or bonuses Eightcap offers?

This is subject to the terms and conditions of Eightcap; some promotions may not be combinable with the rebate program. Furthermore, Eightcap does not currently offer bonuses.

Is there a cap on how much I can earn in rebates with Eightcap?

Yes, depending on Eightcap’s rebate program terms and conditions, there may be a cap on rebate earnings.

Can I transfer my rebates to another Eightcap account?

No, transferring rebates between Eightcap accounts is not typically permitted, although any exceptions should be checked in the individual terms.

How are forex trading rebates credited to my account with Eightcap?

Rebates are normally credited directly to your Eightcap trading account; however, the frequency and method may vary.

How can I sign up for forex trading rebates with Eightcap?

Forex trading rebates can be obtained by enrolling into the program during account setup on Eightcap’s website or trading platform.

How can I track and monitor my forex trading rebates with Eightcap?

Eightcap provides a dashboard or account statement where you may keep track of your rebates.

Can I withdraw my rebates from Eightcap?

Yes, rebates earned through Eightcap are usually withdrawable, but reading the fine print is always a good idea.

Do Eightcap’s rebates apply to all trading instruments?

Rebates may apply to various trading instruments, although the rates may differ based on the asset class.

How much can I earn through forex trading rebates with Eightcap?

Your trading volume and the specific rules of Eightcap’s rebate program determine the rebates you can receive.