I’m highly disappointed with my experience. After hitting the profit target and seeing a "Passed" status on my dashboard, the firm flagged a trade as “News Trading” during the payout review and deducted the profits.
Key Issues:
False Flagging: There was no high-impact news scheduled during that trade according to the economic calendar. My strategy is strictly price action, not news-based.
Moving the Goalposts: After removing the profit, my balance dropped below the target, and my account was marked as "Failed" retrospectively.
Lack of Transparency: The specific news restrictions were never clearly defined, yet they were used to fail an already completed evaluation.
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Eightcap is an award-winning regulated broker which specialises in providing online Forex and CFD trading solutions to clients worldwide via the popular MetaTrader and TradingView platforms.
