How we review brokers and where our numbers come from
Every Eightcap number on this site is pulled from a named page on eightcap.com and stamped with the date we checked it. If a fact cannot be confirmed on an official page, it does not get published — we would rather leave a gap than fill it with a guess.
This is the page every SmartProfitFX money page links to under "How we review." It is deliberately specific: what we source and from where, how the $1 commission saving is calculated, what we refuse to do, and what we have not measured yet.
Where our numbers come from
Every Eightcap figure we publish was pulled from a specific page on eightcap.com on 2026-07-06 and carries that date-checked stamp. When we quote Eightcap's Raw commission as "$3.50 CAD per side per standard lot," that exact wording comes from the account-options page; when we quote Interac deposits as instant, $100–$3,000, with withdrawals in 1–5 business days and a $50 minimum, that comes from the payments page. The sources list at the foot of every page names the URLs the page's claims rest on.
The harder discipline is what we leave out. If a fact cannot be verified on an official Eightcap page, it does not ship — even when it would make the copy read better. That rule is not abstract, so here are the real examples of things we could not confirm and therefore do not publish anywhere on this site.
We do not publish a founding year for Eightcap: it is not stated on the About or trader pages we checked, so we say nothing rather than repeat a number from elsewhere. We do not quote swap or overnight-financing figures: the fields exist on Eightcap's instrument spec pages but no values rendered when we checked, so we leave them blank. And we do not tell you which Eightcap legal entity onboards Canadian residents, because none of the official pages state it — we will only say Canadians are onboarded under Eightcap's international entities, which is as far as the verified record goes.
We also do not repeat Eightcap's occasional "850+ assets" phrasing, because it appears once and conflicts with the "800+ CFDs" figure used consistently elsewhere; we use 800+. And we do not put any Eightcap leverage number in front of a Canadian reader, because the leverage figures on Eightcap's pages are tied to specific offshore entities and we cannot verify which one a Canadian would be assigned.
How the $1 commission advantage works
Eightcap's Raw account charges a $3.50 CAD commission per side, per standard lot — the exact figure from Eightcap's account-options page (the same $3.50 applies in AUD, USD, NZD and SGD). "Per side" means you pay it once to open and once to close, so a full round trip on one standard lot costs $3.50 × 2 = $7.00 when you open directly with Eightcap.
Open the same Raw account through SmartProfitFX and the round-trip commission is $6.00 instead — $1.00 less per round-trip lot. It is the identical Eightcap account and the identical spreads; the only difference is the commission line. Over an active month of 50 standard lots that is $50 saved; over a year, roughly $600. The account experience does not change, only the price of the round trip.
Here is the plain disclosure behind that: SmartProfitFX is an official Eightcap partner and is compensated when a trading account is opened through its links. That is how the site is funded. We are telling you the number is $1 lower and telling you we earn a referral — both facts, side by side, with nothing hidden. The commission math above is the entire value claim, stated in full so you can check it yourself.
What we will not do
Zero self-crowned superlatives: we never call SmartProfitFX or Eightcap the "best broker in Canada," or any synonym of it. We are an affiliate of an offshore CFD provider, and dressing that up as an award would be the opposite of the honesty this page promises.
We do not lead with leverage. High leverage is how CFD products are usually marketed, and it is exactly what makes them dangerous — the majority of retail investor accounts lose money trading CFDs. We will not put a leverage number in a headline to bait a click, and we do not attach any leverage figure to Eightcap for Canadian readers.
We do not hide the regulatory reality. Eightcap is not registered with CIRO, and accounts opened through SmartProfitFX have no CIPF protection — you will find that stated plainly on every Canada page, near the top, not buried in a footnote. Softening it would be dishonest, and it is the single most important thing a Canadian reader needs to know before funding.
And we keep our alternatives genuinely fair. Every roundup names real competitors, including CIRO-registered brokers such as OANDA Canada, Questrade FX and Interactive Brokers Canada, and tells you plainly who should choose them over the Eightcap path. If a CIRO-registered, CIPF-covered broker is the right answer for your situation, our page says so — even though we earn nothing when you pick one.
What we have not done yet
We have zero live spread samples of our own so far — and we will not pretend otherwise. When we quote spreads, we quote Eightcap's own published figures (for example "from 0.0 pips" on the Raw account) and label them as Eightcap's figures, not as something we measured.
The plan is to change that with documented demo-account sampling: recording EUR/USD, USD/CAD and XAU/USD spreads across timed sessions, with the method, dates and sample counts written up so you can judge the numbers. Until that work is done and published, we do not claim any measured spread, and we do not present Eightcap's marketing figures as independent test results.
We would rather tell you what we have not measured than imply first-hand testing we have not done. When the sampling ships, this section will name the exact method and dates, and the affected pages will link to it.
Who writes and reviews these pages
One person writes and reviews the Canada pages: Blake Olson, founder of SmartProfitFX, an official Eightcap partner and Eightcap's Canada representative. He maintains the verified facts file that every page draws from and personally reviews each Canada page before it publishes.
The conflict of interest is direct, and we will state it rather than manage it out of sight: SmartProfitFX earns a referral commission when you open an Eightcap account through its links, and the person recommending Eightcap is the person compensated for the referral. That is a real bias, and pretending it away would undermine everything else on this page.
Here is how we hold it in check. Facts are constrained to what Eightcap publishes on named official pages, each stamped with a date-checked, so the copy cannot drift into flattering claims we cannot back. The regulatory downside — no CIRO registration, no CIPF protection — is stated up front on every Canada page. Alternatives name CIRO-registered brokers and tell you when to pick them over us. And unverifiable facts are held back rather than published. The bias is real; the guardrails are what keep it from deciding what you read.
Corrections and updates
Every page carries two dates: when it was last reviewed and when its facts were last checked. Those stamps are not decoration — they tell you how fresh the underlying numbers are, and they are the first thing to look at before you act on a figure.
We re-verify the Eightcap facts on a recurring cycle against the same official pages, and update the date-checked stamps when we do. Pricing, funding limits and spreads change, so a figure that was correct on 2026-07-06 gets re-confirmed rather than assumed.
When a reader flags an error, or a re-check turns one up, we correct it and re-publish — we do not quietly leave a wrong number in place. If you spot something that looks off, tell us and we will check it against the source. Accuracy on a money page is the whole job.
Frequently asked questions
How does SmartProfitFX make money?
SmartProfitFX is an official Eightcap partner and earns a referral commission when a trading account is opened through its links. That is the entire business model, and it is disclosed on every page. The trade-off you get in return is a $1 lower round-trip commission than opening with Eightcap directly — $6.00 versus $7.00 per round-trip standard lot on the Raw account.
Why should I trust an affiliate site?
You should trust it exactly as far as it is verifiable — which is why every Eightcap figure is sourced to a named official page and date-checked, and why anything we cannot confirm is left out. We also state the downside affiliates usually bury: Eightcap is not CIRO-registered and accounts opened through SmartProfitFX have no CIPF protection. If a CIRO-registered broker is the better fit for you, our pages say so, even though we earn nothing when you choose one.
How often are the facts re-checked?
The Eightcap facts on this site were last checked on 2026-07-06 and are re-verified on a recurring cycle against the same official eightcap.com pages. Each page shows its own reviewed date and date-checked stamp so you can see how current the numbers are, and we update those stamps whenever we re-confirm the figures.
Why do you recommend competitors?
Because for many Canadians a CIRO-registered, CIPF-covered broker is the right answer, and saying so is the point of an honest review. Our roundups name real alternatives such as OANDA Canada, Questrade FX and Interactive Brokers Canada and tell you who should pick them over the Eightcap path — even though we earn no referral when you do. A comparison that only ever pointed to the broker paying us would not be worth reading.
What do you refuse to publish?
Anything we cannot verify on an official Eightcap page. We do not publish a founding year, swap or overnight-fee figures, or which Eightcap entity onboards Canadians, because none of those are stated on the pages we checked. We also do not quote our own measured spreads yet — we only quote Eightcap's published figures — because we have not completed documented demo-account sampling.
Sources
Every factual claim on this page traces to one of these pages, checked on the date shown.
- Eightcap account options (spreads, commission, min deposit, base currencies): www.eightcap.com/en/traders/account-options/ (checked 2026-07-06)
- Eightcap payments (Interac limits and timing): www.eightcap.com/en/traders/payments/ (checked 2026-07-06)
- Eightcap traders overview (platforms, markets, risk warning): www.eightcap.com/en/traders/ (checked 2026-07-06)
- Eightcap legal documents (regulated entities, risk wording): www.eightcap.com/en/legal-documents/ (checked 2026-07-06)
- Eightcap about (company facts, regulators): www.eightcap.com/en/about (checked 2026-07-06)
