Staying ahead of the competition requires an agile approach to retail trading. Multi-asset brokerage Eightcap has built its reputation and client base on this approach, helping it grow its market footprint.
Finance Magnates spoke with Kunal Vaghela, Head of Affiliates at Eightcap, for his perspective on the company’s growth and crypto suite.
What makes Eightcap uniquely situated to cater to a growing client base?
Eightcap has been operating for over a decade now and is rapidly growing and offering its services worldwide. Over the years, we have met the needs of our clients via our offering.
What sets us apart from other brokers and places us to cater for a growing client base is our mission to build a home for MT4 and MT5. This is central to our business, and we focus on each client from the moment they open their trading account with us.
This tailored approach applies to customer support and the extra resources and tools that we provide to our clients to prepare them before they start to navigate the global financial markets.
We also have support available in multiple languages. So, wherever the client is, we ensure they can receive information and help in their local language. This provides them with the peace of mind that they can rely on a broker who is there for them every step of the way.
Eightcap is known for its diverse crypto offering. What does it entail and how has the recent crypto derivatives launch factor into the company’s goals?
Our crypto rollout was there to meet the needs of crypto derivative traders. We’ve seen a lot of turmoil in the crypto space this past year, especially for certain exchanges that have had to close operations in certain regions.
Understandably, this has led to existing crypto derivative traders worrying about accessing their funds. New crypto derivative traders have been more reluctant to open an account with an exchange or broker.
That’s why we stepped in with a solution. Not only have we got the largest crypto derivatives offering – with over 250 crypto derivatives including coins, crypto-crosses and crypto-indices, but traders can have the peace of mind that they are opening an account with a regulated broker.
Our mission, as mentioned before, is to build a home for MT4 and MT5 traders, and with our diverse crypto offering, we have positioned ourselves as the new home of crypto derivatives.
With us, not only will clients have access to a wide range of crypto derivatives, but they will also be able to enjoy ultra-low spreads. For example, clients can trade Bitcoin from 12 p/coin, Cardano from 0.004 p/coin, Dogecoin from 0.0002 p/coin and Ether from 0.45 p/coin.
Additionally, we have addressed the worries around withdrawals and can ensure a swift and seamless withdrawal process. Once a client opens a trading account with us, they have multiple funding options including, BTC, Tether, PayPal, Credit/Debit card, Skrill and many more.
Does Eightcap offer any crypto rebates or CPA for referrals?
Yes, we do offer CPA and revenue share for referrals through our affiliates and IBs. Currently, we have offered a 50% spread revenue share across all the cryptos. As well as this, we offer our affiliates trading milestones up to $900 CPA.
Can you describe Eightcap’s partnership opportunities and what are the benefits of joining?
Our partnership program focuses on high conversion rates, flexible remuneration, and outstanding marketing and operational support. There are many benefits to joining our partnership program.
Our affiliates can choose from a range of competitive structures, including CPA, CPL and bespoke partnership programs. With this approach, we tailor our services to each business size, and our expertise ensures that we can also accelerate our affiliates’ business. We also have a similar structure in place for IBs.
We offer competitive rebates and additional support for event sponsorships, marketing materials, and dedicated campaigns specifically created for their client base.
Our partners can rest assured that they are putting their business in the right hands. Our team has over 20 years of affiliate marketing experience. Our marketing solutions are created for every individual need, covering everything from strategy creation to design development.
What is in the pipeline for Eightcap as well as the next few months heading into year-end?
We are currently working on many exciting projects to take our client’s trading experience to the next level. In the next few months, we will be integrating TradingView, so that users can have an innovative trading experience with Eightcap.
We are also partnering with BKForex to host an exclusive online event based entirely around trading crypto derivatives. CryptoFest 2021 will be held on the 30-31st, October and consists of several crypto experts sharing their insights, tips and trade ideas. This will be free for anyone that signs up with their email address.
We will also be present at the Finance Magnates London Summit event in November, so if you are interested in partnering with us and wanting to take your business to the next level then come and say hi!