Super Funded review

The contract exists and names the company: Eightcap International Ltd, incorporated in the Republic of Seychelles. It is not the FCA, ASIC or CySEC entity of that group. Clause 13.5 states in terms that there is no correlation between paying the access fee and being eligible for a payout.

Last verified 28 August 2026 · how we check

Correction, 28 August 2026. An earlier version of this page said Super Funded published no terms and conditions. That was wrong. The terms exist, as PDFs linked from the site footer rather than as pages, which is why they do not appear in the page sitemap we relied on. We have read them, and the page below is rewritten around what they say. The document is more informative than its absence would have been.

Who you are contracting with

Clause 1.1 of the General Terms and Conditions, version 2 dated 22 January 2026:

These General Terms and Conditions are between you and Eightcap International Ltd, a company incorporated in the Republic of Seychelles.

Every page of the document carries “Eightcap International Ltd” in the footer, and the site’s support chat loads a Salesforce instance under neweightcap.my.site.com. The brand does not name a company anywhere on the site itself; the contract does.

That matters because we have reviewed Eightcap already, and the regulated entities of that group are different companies:

This is the pattern we set out in checking a broker on the regulator’s register: a familiar brand, and the entity taking your money sits outside the licences the brand is known for. Searching ASIC’s 6,525 licensees and CySEC’s 248 investment firms for “Super Funded” returns nothing, which is expected rather than damning, because the product is not a regulated financial service and the contract says so.

The contract says this is not a financial product

Clause 3 is unusually direct, and worth taking at face value:

ALL PRODUCTS AND SERVICES THAT WE PROVIDE IN CONNECTION WITH THESE TERMS ARE NOT FINANCIAL OR INVESTMENT PRODUCTS OR SERVICES, DO NOT CONSTITUTE INVESTMENT ADVICE… AND DO NOT FORM PART OF ANY REGULATED FINANCIAL SERVICES, BROKERAGE SERVICES OR INVESTMENT OFFERINGS.

Clause 7.2 goes further: trades are “virtual only and are not placed in a live market environment”, and the Bankroll is “fictitious and representative in nature only and does not comprise real monies”. Clause 7.3(b) states that funded accounts remain simulated only.

None of that is hidden and none of it is unusual for this sector. It is the correct description of the product, and it is more than several competitors say. What it means for a buyer is simple: you are not opening a trading account, you are buying entry to an assessment whose reward is a discretionary payment.

The payout clauses are the ones to read

Clause 13 defines what you are actually buying, and five sub-clauses do the work.

Clause 13.5 is the single most useful line on the whole site. It states plainly that the money you pay and the money you might receive are not connected, which is exactly the assumption a buyer makes and exactly the one the contract declines to support.

That is disclosure rather than deception. It is also the sentence most people paying an access fee have not read.

The fee is non-refundable, and disputing it is expensive

Clause 9.2, underlined in the original document:

The Access Fee is a non-refundable fee once your Account is established and you start using the Trading Technologies, except where expressly required by law.

There are two carve-outs in your favour. Clause 10.2 refunds the fee if the Company declines to establish your account, and clause 24.4 allows a refund if you pay but never start. Neither helps once you have logged in.

Clause 9.3 then addresses chargebacks directly: you agree not to submit one on an unsubstantiated basis, and if you do, you are liable for the Company’s costs “on a full indemnity basis”. The firm’s FAQ puts the same point in one line: “No, SuperFunded does not offer refund upon withdrawal.”

Termination sits entirely on one side

Clause 23.1 lets the Company terminate your participation “in its sole discretion… at any time by providing notice to you in writing”. Clause 16 allows immediate termination without notice where it determines you engaged in Prohibited Acts, with any payout entitlement forfeited and the access fee not refunded.

Clause 24.3 goes one step further than forfeiture: where the Company ends participation for breach, it “may take steps to recover sum(s) paid to you while you are (or were) in breach”. So a payout already received is not necessarily final.

Two of the Prohibited Acts in clause 15(k) are worth quoting because they are not objective tests:

(vi) behavior that is or appears to be gambling-focused; or (vii) using any other strategy, software or technique that the Company considers to be trading in bad faith.

A rule that turns on what the counterparty considers is a rule you cannot check your compliance with in advance. Clause 22.2 adds a quieter one: thirty consecutive days without using the account is treated as your notice to stop, and the FAQ confirms a challenge fails automatically after 30 days of inactivity.

What the FAQ adds

The FAQ carries operational rules that would normally live in the contract, and some are favourable:

No time limit. No constraint on either the assessment or the funded stage, subject to the 30-day inactivity rule.

No profit target on the funded account, though it “must end in a positive balance at the end of the 30-day trading period to make a withdrawal”.

Leverage capped at 1:50, which is lower than most offshore offerings and closer to a regulated retail limit than to a Seychelles one.

US residents can buy, and payouts go by bank wire or cryptocurrency. Accounts must be in your own name, and evaluation-phase profits cannot be withdrawn.

The stated funding ceiling is $200,000, which the firm explains as the point beyond which slippage and conditions stop suiting retail traders.

Where this leaves the verdict

We have moved this page from avoid to caution, because the original judgement rested on a claim that was false.

What is true is narrower and still worth knowing. The counterparty is a Seychelles company outside the three licences its brand is known for. The product is explicitly simulated. The fee is non-refundable once used, termination is at the firm’s discretion, two prohibited-act tests are subjective, and the contract states there is no correlation between paying and being eligible to be paid. Disputes go to arbitration at the London Court of International Arbitration under Seychelles law, with a single arbitrator, which is a real forum and an expensive one for a claim the size of an access fee.

Set against that, the disclosure is better than the sector average. The document is current, versioned, and says what the product is.

What we checked, and what we didn’t

We read the General Terms and Conditions V.2 dated 22 January 2026 in full, the firm’s FAQ, and the page sitemap, on 28 August 2026, and searched the ASIC and CySEC registers we hold locally. Every quotation above is from that document.

We have not bought an evaluation, traded one, requested a payout, or tested support. We make no claim about the corporate relationship between Eightcap International Ltd and the regulated Eightcap entities beyond what the contract and the registers state on their face.

Before paying, read clause 13 yourself. It is four short paragraphs and it describes the product more accurately than any review can.

Sources

• Super Funded: General Terms and Conditions, V.2 dated 22.01.26
• Super Funded: FAQs
• ASIC Financial Services Licensee Register
• CySEC: register of Cypriot investment firms