EightCap aka EightCapInvest has been flagged by Ontario Securities Commission for "Unregistered/Unlicensed entity offering financial products or services". EightCap aka EightCapInvest at www.eightcapinvest.com and EightCapInvest.io is not registered in Ontario to engage in the business of trading in securities. This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
EightCap aka EightCapInvest has the worst mobile app I have ever used for investing. It crashes constantly, features that work on desktop are missing entirely, and the security implementation is questionable at best. How they released this app is beyond me.
Pros: Smooth onboarding|Personal attention|Market news feed|Excellent charting
Cons: Alert system is basic|Would like more payment methods
I was contacted by EightCap aka EightCapInvest through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Pros: Professional looking website
Cons: No regulatory oversight|Money disappeared|Fake testimonials