EightCap’s offering includes more than 200 financial instruments, from a whole range of AUD, GBP, CAD, CHF, EUR, USD, SGD, JPY, and NZD crosses to a number of stock market indices plus commodities, such as oil, silver, and gold. The MT5 platform provides traders with 38 technical indicators, 21 timeframes, additional markets and the new economic calendar directly in the platform.
Joel Murphy and Nadia Feng, EightCap Executive Management, said:
“We are committed to providing our clients with a market leading trading experience. Our clients need access to the very best tools and technology in the industry and we’ll continue to invest in these needs. Our recent introduction of MetaTrader 5 is an exciting step forward for us in this space.”
Joel Murphy is the Director of EightCap. Prior to leading the Melbourne-based broker, he was head of sales at Pepperstone and sales trader at Go Markets. Nadia Feng is the COO of the company. Prior to EightCap, she was sales trader at Pepperstone and Go Markets and sales executive at the Australian branch of CMC Markets.
Based in Melbourne, the ASIC-regulated FX and CFD broker targets an international audience besides Australa, namely Thailand, China, South Korea, and the English and Spanish-speaking markets. EightCap is registered with Australian Securities and Investments Commission (ASIC) and is a holder of Australian Financial Services License 391441. All retail client funds are kept separately from business funds in segregated bank accounts with an AA-rated banking institution, the National Australia Bank. The broker has also signed a professional indemnity insurance policy to further secure customers’ funds.
EightCap also targets professional asset and fund managers who are authorized to trade on behalf of their clients with its Multi Account Manager (‘MAM‘) software, designed to work seamlessly with the MetaTrader 4 platform.