Elev8 Review
CONTENT
Elev8 operates under Mauritius and Comoros licensing, offering online brokerage services using a dedicated ecosystem for traders, with leverage up to 1:1000. Accounts start at $25 with floating spreads from 0.6 pips and zero commission fees on all instruments.
Platforms include MT4, MT5, and a proprietary terminal with integrated analytics and AI tools. Negative balance protection applies to retail accounts.
| Broker | Elev8 |
| Established Year | 2022 |
| Regulation Licenses | Financial Services Commission (Mauritius), Mwali International Services Authority (Comoros) |
| Bonuses | 50% deposit bonus, Invite a friend program |
| Trading Platforms | Elev8Trader (proprietary), MetaTrader 4, MetaTrader 5, Elev8 App |
| Account Types | Elev8Trader Account, MetaTrader 4 Account, MetaTrader 5 Account, Demo Account |
| Base Currencies | USD |
| Spreads | From 0.6 pips (floating, markup) |
| Leverage | Up to 1:1000 (Forex); varies by asset class |
| Currency Pairs | Up to 52 (platform dependent) |
| Minimum Deposit | 25 USD |
| Inactivity Fee | None; dormant accounts are deleted after a certain period |
| Fees and Commissions | Commission-free on all instruments; spread only pricing |
| Affiliate Program | Yes; IB Program |
| Banned Countries | Canada, EU countries, India, Iran, Israel, Japan, Myanmar, New Zealand, North Korea, Pakistan, Philippines, UAE, UK, USA |
| Scalping | Allowed |
| Hedging | Allowed |
| Trading Instruments | Forex, Metals, Energies, Indices, Cryptocurrencies, Stock CFDs, Real shares |
| Open an Account |  |
Trading with Elev8 – Immediate Advantages and Disadvantages
| ✓ Pros | ✕ Cons |
| Deposits and withdrawals are processed quickly through trusted methods | High leverage can increase risk exposure if tight risk control is not applied |
| Offers an all-in-one ecosystem for all types of traders | Lacks third-party educational content |
| Offers Space, which is a personalized analytics and educational hub | Floating spreads can widen significantly during volatile market periods |
| Offers daily expert insights on the platform | Access to all financial instruments limited to MetaTrader 5; fewer on other platforms |
| Trusted by traders in over 100 countries globally | No native copy or social trading features available |
Overview
Elev8 is a global broker that combines high-leverage CFD trading with direct share investing under one account structure. Additionally, all accounts are swap-free, spreads are floating from 0.6 pips, and all instruments can be traded without commission fees.
| Broker | Elev8 |
| Regulation | 🇲🇺 Financial Services Commission (Mauritius), 🇰🇲 Mwali International Services Authority (Comoros) |
| Trading Platform | Elev8Trader MetaTrader 4 MetaTrader 5 Elev8 App |
| Tradable Assets | Forex Indices Commodities Cryptocurrencies Stock CFDs Real shares |
| Account Types | Elev8Trader MT4 MT5 |
| Funded Trading | None |
| Risk Protection | Negative balance protection, Client fund segregation |
| Open an Account | |
Frequently Asked Questions
Does Elev8 offer swap-free accounts?
Yes, all accounts operate without overnight swap charges in line with Sharia principles.
What is the minimum deposit requirement with Elev8?
The minimum deposit starts from $25 to register a live account, with a minimum deposit of $20 after that.
Professional Assessment
Elev8 focuses on leveraging flexibility, zero-commission trading on all instruments, and integrated analytics within its proprietary platform. Moreover, oversight is from offshore regulators, but Elev8 operates according to a trusted and recognized framework where negative balance protection applies, and client funds are kept in segregated accounts.
Fees, Spreads, and Commissions
Elev8 has a spread-based pricing model with floating spreads from 0.6 pips and zero commission on all instruments. In addition, trading conditions vary by asset class and live market conditions. Non-trading fees are limited, and there are no deposit or withdrawal fees.
| Fee Type | Details | Applies To |
| Spreads | Floating spreads from 0.6 pips; vary by instrument and market conditions | All tradable instruments |
| Commission | 0 USD | All tradable instruments |
| Overnight Fees | No swap charges on any account type | All platforms |
| Deposit Fees | None | All accounts |
| Withdrawal Fees | None | All accounts |
| Conversion Fees | Can apply | All non-USD deposits and withdrawals |
Frequently Asked Questions
Does Elev8 charge overnight swap fees?
No, all accounts are swap-free, which means that overnight fees are not charged on any forex or CFD instruments.
Does Elev8 charge withdrawal fees?
No, withdrawals are processed without broker-imposed fees.
Informed Perspective
Elev8 relies primarily on charging spreads instead of applying trade commission fees, which simplifies cost calculations on all instruments. At the same time, floating spreads introduce variability, especially during volatility.
Furthermore, the absence of swap fees alters longer-term holding costs, which means that position duration influences total expense differently compared to many CFD brokers.
Minimum Deposit and Account Types
Elev8 offers three primary live trading accounts tied to platform choice, along with a demo option. In addition, all live accounts share similar pricing mechanics, including swap-free status, high leverage, and competitive trading conditions.
| Account Type | Open an Account | Minimum Deposit | Typical Spreads | Commission |
| Elev8Trader | | 25 USD | From 0.6 pips (floating) | None; spread-only |
| MetaTrader 5 | | 25 USD | From 0.6 pips (floating) | None; spread-only |
| MetaTrader 4 | | 25 USD | From 0.6 pips (floating) | None; spread-only |
| Islamic (Swap-Free) | | 25 USD | From 0.6 pips (floating) | None; spread-only |
| Demo Account | | 0 USD | Live-market spreads (simulated funds) | None; simulated environment |
Frequently Asked Questions
Are spreads different between Elev8 account types?
No, spreads start from 0.6 pips and follow a floating model on all account types.
Can Elev8 accounts be opened as swap-free?
Yes, all accounts are inherently swap-free and do not require a separate application.
Practical Assessment
Elev8’s account structure is linked to its trading platforms, instead of offering tiered pricing models. As a result, the cost structure is consistent, making it easier for traders to choose an account according to the platform they prefer.
Additionally, the default swap-free nature of accounts makes it more convenient and cost-efficient for Muslim traders and those who keep positions open for longer.
How To Open an Elev8 Account
Opening an account with Elev8 follows a standard online onboarding process. Traders go through registration, funding, and identity verification before they can access live market conditions and trading.
1. Step 1: Register Your Profile
Visit the official website or download the trading app. Select “Open account” and complete the registration form with your name, email address, and phone number. Create your login credentials and confirm your email to activate your profile.
2. Step 2: Choose Your Account Type
After logging in, select your preferred platform: Elev8Trader, MetaTrader 5, or MetaTrader 4. Choose between a live account and a demo account.
3. Step 3: Complete Identity Verification
Upload a valid government-issued ID and proof of address. Verification typically completes within one to two business hours. You must wait until your account is verified to deposit, withdraw, and enter live trades.
4. Step 4: Deposit Funds
Access the deposit section inside your dashboard, select your payment method, and fund your live account.
5. Step 5: Access the Trading Platform
Log in to your platform via desktop, web, or mobile app. You can now configure leverage, review available instruments, and start trading. Demo accounts are always available if you prefer to test conditions before you deposit capital.
Safety and Security
Elev8 operates under Tier-3 regulatory frameworks in Mauritius and Comoros. Although regulations are offshore, Elev8 emphasizes that all client funds are segregated, that negative balance protection applies, and that account access is encrypted.
| Area | Details |
| Regulator | 🇲🇺 Financial Services Commission (Mauritius), 🇰🇲 Mwali International Services Authority (Comoros) |
| Licensed Entity | Elev8 Markets (Mauritius); Finexis Markets Ltd (Comoros) |
| License Number | GB21027161 (Mauritius); T2023320 (Comoros) |
| Client Fund Handling | Segregated accounts separating client funds from company capital |
| Balance Protection | Negative balance protection applied to retail accounts |
| Security Measures | SSL encryption, 3D Secure card authentication, identity verification, withdrawal confirmation protocols, 24/7 technical monitoring |
Frequently Asked Questions
Does Elev8 offer negative balance protection?
Yes, retail accounts are protected, which limits losses to deposited funds.
How does Elev8 protect account access?
Security measures include encrypted login areas, identity verification, and card authentication procedures.
Strategic Evaluation
Elev8 operates under offshore regulatory jurisdictions and is not licensed by top-tier entities. However, there are several funds and client protections in place that reassure traders that they can safely trade with the broker. Negative balance protection is also essential, especially because leverage of up to 1:1000 is available.
Elev8 Trading Platforms
Elev8 provides three trading platforms, namely MetaTrader 4, MetaTrader 5, and its proprietary Elev8Trader terminal and app.
Each platform supports multi-asset trading, and traders can use the platforms on desktop, web, and mobile, with analytical tools, AI-assisted charting, and integrated account management functions.
| Feature | Details |
| Trading Platform | MetaTrader 4, MetaTrader 5, Elev8Trader, Elev8 App |
| Access Modes | Web platform, Desktop (Windows/macOS), iOS, Android |
| Account Compatibility | Available on all standard and demo accounts |
| Automation Support | Expert Advisors on MT4 and MT5; AI pattern recognition and Elev8Vision tools on Elev8Trader |
| Copy Trading | Social discussion and trade idea sharing within Elev8Trader |
| Demo Trading | Available on all supported platforms |
Frequently Asked Questions
Does Elev8 provide mobile trading access?
Yes, mobile apps for iOS and Android are available for the MetaTrader platforms and the Elev8 app.
Does Elev8 support automated trading?
Yes, automated trading is supported via Expert Advisors on MT4 and MT5, and Elev8Trader integrates AI-based analytical tools.
Independent View
Platform variety gives traders a choice between dynamic, feature-rich trading environments. MT4 and MT5 provide familiar execution environments with automation capability, while Elev8Trader integrates research tools and AI-driven analysis inside the terminal.
MetaTrader 5 features the most markets and offers traders access to several shares and intraday assets.
Markets and Instruments
Elev8 offers traders access to forex, commodities, indices, cryptocurrencies, and share CFDs, alongside real share ownership on selected equities. Instrument availability varies by platform, with MetaTrader 5 offering the widest selection. Leverage levels differ by asset class and can go up to 1:1000 on major forex pairs.
| Market | Example Instruments | Market Hours | Lot Size |
| US Share CFDs | AAPL.Daily, TSLA.Daily, NVDA.Daily | US exchange hours | 1 lot = 100 shares |
| EU Share CFDs | SAP, Allianz, Siemens (CFDs via MT5) | European exchange hours | 1 lot = 100 shares |
| Real Shares (No Leverage) | Apple Inc, Microsoft Corp, Allianz SE | Exchange trading hours of listing venue | 1 lot = 100 shares (min 0.01 lot) |
| Commodity CFDs | XAUUSD, XAGUSD, XTIUSD, XBRUSD | Session-based, extended trading hours | From 0.01 lots |
| Forex CFDs | EURUSD, GBPUSD, USDJPY | 24 hours, five days per week | 1 lot = 100,000 units |
| Crypto CFDs | BTCUSD, ETHUSD, XRPUSD | 24 hours, seven days per week | 1 lot = 1 Crypto CFD |
| Index CFDs | NAS100, GER40, SPX500, US30 | Session-based, index dependent | From 0.01 lots |
Frequently Asked Questions
How many forex pairs does Elev8 provide?
Forex coverage includes 35 pairs on standard accounts and over 50 pairs on MetaTrader 5.
Can you trade global indices with Elev8?
Yes, major indices like NAS100, GER40, SPX500, and US30 can be traded as CFDs.
Structural Analysis
Elev8 mainly offers several markets with instruments that can be traded as CFDs, with forex forming the largest segment.
MetaTrader 5 significantly expands access to shares and additional instruments. Direct share ownership introduces a separate risk profile, eliminating leverage while exposing capital to equity market pricing.
Trading Tools
Trading tools on Elev8 focus on numbers and timing: calculators for margin, profit, and pip value; live pricing; market-session schedules; and a calendar-driven news feed. These tools help you quantify exposure, plan entries when liquidity is high, and monitor event risk as market conditions change.
| Tool | Function | Access | Key Benefits |
| Space | Market insights, analysis, education, and trader networking inside the platform | Elev8Trader | Daily trade ideas, expert analytics, learning resources, community discussion |
| Trading Calculator | Margin requirement and pip value estimates based on symbol, leverage, and lot size | MT4 MT5 Elev8Trader tool tabs | Cleaner sizing math, margin awareness, stop out risk planning |
| Profit Calculator | Projected profit/loss based on open price, close price, direction, and volume | MT5 Elev8Trader tool tabs | Scenario testing for targets and risk parameters |
| Pip Calculator | Pip value calculation based on symbol, price, and position size | Tools page | Quick conversion of price movement into account-currency impact |
| Live Quotes | Streaming bid/ask quotes and spreads by asset class | Tools page | Spread monitoring, timing checks, price verification |
| Trading Hours | Session opens/closes and instrument trading schedules | Tools page | Liquidity timing, session planning, reduced surprise around market closures |
| Economic Calendar | Upcoming macro events with time, currency, and impact rating | Tools page | Event-risk mapping, volatility planning around scheduled releases |
| Trading News | Real-time market headlines and updates from major sources | Tools page | Macro context, catalyst tracking, quicker reaction to new information |
| Holiday Calendar | Market holidays by country and central bank, with closure dates | Tools page | Awareness of low liquidity periods and exchange closures |
Frequently Asked Questions
What does the Elev8 trading hours information help traders track?
Session timing and instrument schedules help traders plan their trades during liquid market windows and closures.
How does the Elev8 economic calendar support event planning?
Event time, currency focus, and impact rating help traders identify periods that tend to trigger volatility.
Professional Opinion
Elev8’s tools and resources suit traders who quantify margin, cost, and event risk before executing trades. Calculators cover the core math behind sizing and risk limits, live quotes support pricing awareness, and the calendar plus news feed help map volatility windows.
Bonus Offers and Promotions
Elev8 offers two main promotions, namely a referral program that pays cash based on your contacts’ trading volume, and a deposit bonus that boosts your account equity after funding. Both promotions have certain eligibility limits, activity rules, and withdrawal conditions that influence how usable the rewards become.
| Program | Eligibility | Rewards | Notes |
| Invite a Friend | Available in permitted countries only | $1 per standard lot traded by referred friend; friend receives 100% deposit bonus | Earnings credited daily; qualifying-trade rules apply; self-referrals prohibited |
| 50% Deposit Bonus | $50 minimum deposit | 50% bonus on each deposit; occasional 100% promotions | Withdrawal requires meeting lot target: bonus (USD) ÷ 2 |
Frequently Asked Questions
What qualifies as a valid trade under Elev8’s Invite a Friend program?
A qualifying trade must last at least 180 seconds and reach at least 30 points of open-to-close movement.
Does Elev8 restrict participation in its promotions?
No, but participation can depend on country eligibility and compliance rules.
Critical Viewpoint
While Elev8’s bonuses can increase trading equity, access to the funds depends on trading volume requirements. Referral payouts depend on strict trade filters and regional restrictions. Bonus structures can influence turnover decisions, which affects exposure and risk management.
Partnership Programs
Elev8 offers an Introducing Broker program for individuals or companies who refer new trading clients. Compensation depends on the trading volume generated by referred accounts, and commission rates vary by rank, active client metrics, and account type. IB earnings can accumulate daily based on qualifying trading activity.
| Program | Eligibility | Earnings Structure | Key Features |
| Introducing Broker (IB) Program | Individuals or companies approved after submitting a partnership application | Up to $12 per lot based on active client trading volume and rank tier | Daily commission crediting, rank-based tiers, referral tracking portal, marketing material access |
Frequently Asked Questions
What does Elev8 consider an active client in the IB program?
An active client is a trader who maintains at least $100 in cumulative personal funds and closes five valid trades within 30 days.
How does Elev8 determine IB commission tiers?
A ranking system sets commission rates per lot, where a higher rank corresponds to higher per-lot compensation.
Analytical Perspective
The IB model is driven by trading volume, where commission levels depend on whether referred clients meet defined activity thresholds, which affects how partners assess the commercial value of each referral.
IBs can expect daily commissions, ongoing performance visibility, and rank tiers that increase payout potential for partners who generate consistent qualifying volume.
Deposits and Withdrawals
Elev8 supports bank transfers, cards, e-wallets, and selected cryptocurrencies for funding and withdrawals. The deposit minimum is from $20, and the processing times will depend on the payment method and operational review hours. There is also a 50% deposit bonus available, which increases your account credit based on your deposit amount.
| Method | Deposit Availability | Withdrawal Availability | Processing Time |
| Bank Transfer (Local/International) | Yes | Yes | Internal review 1–3 hours; settlement 1–3 business days (local) / 3–7 business days (international) |
| Debit/Credit Cards (Visa / Mastercard) | Yes | Yes | Near-instant deposit approval; withdrawal timing depends on card provider |
| Neteller | Yes (region dependent) | Yes | Deposits near-instant; withdrawals approved within 1–3 hours |
| Cryptocurrencies (DOGE, Litecoin, USDTE, USDTT) | Yes | Yes | Deposits subject to blockchain confirmation; withdrawals approved within 1–3 hours plus network time |
Frequently Asked Questions
How long do Elev8 withdrawals take?
Requests are reviewed within approximately 1–3 hours during the finance department’s hours, and final transfer timing depends on the payment method.
Which payment methods does Elev8 support?
Elev8 accepts bank transfers, Visa and Mastercard, Neteller, and selected cryptocurrencies.
Key Takeaways
Elev8 provides multiple funding routes with relatively low entry capital. Deposits and withdrawals are usually processed quickly by the broker, but the time it takes for funds to reflect will depend on each payment provider’s own internal processing.
Educational Resources
Elev8 provides an integrated education layer that combines strategy guidance, technical pattern tutorials, market commentary, and a comprehensive trading glossary. The content ranges from foundational explanations to applied strategy material, giving traders exposure to trading methods, terminology, and platform-based analytical tools.
| Resource | Format | Focus | Best Suited For |
| Trading Strategy Guides | Written articles | Strategy development, risk parameters, style selection | Traders who want to refine their methodology |
| Webinars and Market Briefings | Live and recorded sessions | Market outlook, applied analysis | Active traders |
| Trading Glossary | A–Z reference library | Terminology, indicators, macro concepts | Beginners and developing traders |
Frequently Asked Questions
Can you access Elev8’s glossary directly within the platform?
Yes, the glossary is integrated into the educational section and organized alphabetically for reference use.
Are Elev8 educational tools limited to beginners?
No, the material covers introductory concepts through applied technical strategies and platform-based analysis tools, making it ideal for traders of all experience levels.
Our Overall Thoughts
Elev8’s educational layer offers traders strategy guidance and terminology support. The material gives traders context in terms of risk management and technical analysis, which allows them to evaluate strategy frameworks critically instead of relying on pre-packaged trade signals.
Customer Support
Elev8 provides 24/7 customer assistance through digital channels, combining automated responses with live agent support. Contact options cover direct email, live chat, and social media platforms.
| Support Channel | Availability | Purpose | Notes |
| 24/7 | Account issues, verification, withdrawals, technical queries | Direct communication with support team |
|
| Live Chat | 24/7 | Immediate assistance | AI bot for basic queries, escalation to agent for complex matters |
| Social Media | 24/7 | Updates, communication, community interaction | Not a primary account support channel |
Frequently Asked Questions
Does Elev8 provide in-platform customer support?
Yes, support access is integrated into the trading environment.
Does Elev8 offer live chat support?
Yes, live chat includes an AI bot for basic questions and escalation to a human agent for more complex concerns.
In Practice
Elev8’s customer support is available 24/7, and agents address queries quickly. The AI-first model handles routine queries efficiently, while escalation to human agents remains available for detailed issues.
Elev8 vs Exness vs XM – A Comparison
| Broker |  |  |  |
| Founded | 2022 | Founded 2008 | 2009 |
| Regulators | 🇲🇺 FSC 🇰🇲 MISA | 🇫🇷 FSA 🇸🇨 CBCS 🇲🇺 FSC 🇿🇦 FSCA 🇨🇾 CySEC 🇬🇧 FCA 🇮🇳 CMA 🇯🇵 JSC | 🇨🇾 CySEC 🇬🇧 FCA 🇦🇺 ASIC 🇲🇺 FSC 🇰🇲 FSC 🇫🇷 FSA 🇿🇦 FSCA 🇦🇪 DFSA |
| Negative Balance Protection | Yes | Yes | Yes |
| Compensation Scheme | None | Financial Commission Compensation Fund €20,000 | FSCS ICF |
| Segregated Accounts | Yes | Yes | Yes |
| Minimum Deposit | 25 USD | 10 USD | 5 USD |
| Max Leverage | 1:1000 | 1:Unlimited | 1:1000 |
| Spread From | 0.6 pips | 0 pips | 0.8 pips |
| Commission | $0 | From $0.05 per lot on Zero, Raw account commission | None Standard, commission on Shares |
| Swap-Free | On all accounts | Available | Available |
| Platforms | MT4 MT5 Elev8Trader | MT4 MT5 Exness App Exness Terminal | MT4 MT5 XM App |
| Proprietary Platform | Elev8Trader | App and Web Platform | XM App |
| Demo Account | Yes | Yes | Yes |
| Account Types | Elev8Trader MT4 MT5 | Standard Standard Cent Pro Zero Raw Spread | Standard Ultra Low Shares |
| Stop Out Level | 15% | 0% | 20% |
| Margin Call | 25% | 60% or 30% | 50% |
| Instant Withdrawals | None | Yes | None |
| Deposit Fees | No internal fee | No internal fee | No internal fee |
| Withdrawal Fees | None | None | None |
| Open an Account | | | |
Pros and Cons of Trading with Elev8
| ✓ Pros | ✕ Cons |
| Negative balance protection resets accounts to zero | Full list of instruments only available on MetaTrader 5; fewer on others |
| Low minimum deposit from $25 | Spreads are variable and can widen |
| Commission-free trading on all instruments | No stocks available on Elev8Trader account |
| Restricted access for residents of several major countries | Expert Advisors not available on Elev8Trader |
| All accounts are swap-free by default | High leverage increases exposure to losses |
| Leverage up to 1:1000 available | Deposit bonus subject to volume requirements |
References:
In Conclusion
Elev8 offers competitive spreads, commission-free instruments, and leverage up to 1:1000 on major forex pairs. Swap-Free accounts, negative balance protection, and segregated funds enhance risk control. Traders can use MT4, MT5, or Elev8’s proprietary platform with AI tools and research. While not Tier-1 regulated, Elev8 is compliant with offshore frameworks, making it suitable for those seeking high leverage, bonuses, and platform flexibility.
Faq
Yes, Elev8 provides MetaTrader 4 with support for Expert Advisors, multiple execution modes, 30 technical indicators, and algorithmic trading functionality.
Trading is commission-free on all instruments, which means that only spread-based pricing applies, with the broker’s fee to facilitate transactions included in the spreads. Deposits and withdrawals do not incur internal broker fees.
Elev8 offers Elev8Trader accounts, MetaTrader 4 accounts, and MetaTrader 5 accounts. All accounts are swap-free, and a demo account is available.
Educational materials include structured training, webinars, strategy guides, analyst insights, glossary resources, and platform tutorials integrated within Space.
Elev8 has a standard KYC process, where traders must upload their personal ID and proof of address to verify the information they provide during account registration.
Elev8Vision and AI pattern recognition scan price data to identify technical formations on charts. These tools highlight structures and potential setups to assist manual decision-making.
Yes, demo accounts provide unlimited practice with virtual funds, while educational materials, trading calculators, analyst updates, and structured strategy guides support new traders.
- Trading with Elev8 - Immediate Advantages and Disadvantages
- Overview
- Fees, Spreads, and Commissions
- Minimum Deposit and Account Types
- How To Open an Elev8 Account
- Safety and Security
- Elev8 Trading Platforms
- Markets and Instruments
- Trading Tools
- Bonus Offers and Promotions
- Partnership Programs
- Deposits and Withdrawals
- Educational Resources
- Customer Support
- Elev8 vs Exness vs XM - A Comparison
- Pros and Cons of Trading with Elev8
- In Conclusion
