Eightcap Deposit Bonus: 50% Up to a $1,000 Deposit (Max $1,000 Credit)

Eightcap markets this offer to new clients of its Eightcap Global Ltd entity as a 20% deposit bonus, but the trading credit follows a fixed table that pays more on smaller deposits: $100 gets $50, $200 gets $100, $500 gets $250 and $1,000 gets $500 (a 50% match), then $2,000 gets $700 (35%) and $5,000 gets $1,000 (20%).

The 20% label only matches the top tier, and the "up to $1,000" seen on some pages requires a $5,000 deposit. The bonus is added automatically within 24 business hours and must be claimed within 10 days of opening the account.

The catch is that the credit is not real money. It sits in the platform as margin and cannot be withdrawn as cash. It converts to withdrawable equity at $1.00 per standard FX lot traded (or $0.50 per lot if an Introducing Broker referred you), settled weekly.

To turn a $50 credit into cash you would need to trade about 50 standard lots, and only currency-pair round-turns count (CFDs on indices, commodities, shares and crypto do not). Withdrawing your original deposit at any point instantly cancels and removes all unconverted credit.

The offer is open to selected new clients of Eightcap Global Ltd (regulated by the Securities Commission of The Bahamas, with terms governed by Vanuatu law). The official terms do not list excluded countries; third-party reviews report that residents of the United States and Australia cannot take part. It can be redeemed once per client and cannot be combined with other promotions.