Is Eightcap regulated in Panama?
No licence from the Superintendencia del Mercado de Valores de Panamá (SMV) among the 6 Eightcap entities we confirmed. Eightcap holds licences from ASIC (AFSL 391441), FCA (FRN 921296), CySEC (246/14), SCB (Bahamas) (SIA-F220), FSA Seychelles (SD100) and FSC Mauritius (GB25204603).
Facts checked 16 Oct 2026 on Eightcap's own site and the regulators' registers. Information only, not advice.
The licence check, in one table
- Local regulator
- Superintendencia del Mercado de Valores de Panamá (SMV)
- Licence valid in Panama
- None among the entities we confirmed
- Company that serves you
- Not published by Eightcap for Panama; your sign-up documents name the company
- Eightcap's licences
- ASIC AFSL 391441FCA FRN 921296CySEC 246/14SCB (Bahamas) SIA-F220FSA Seychelles SD100FSC Mauritius GB25204603
- Local rules
- The SMV licenses brokers in Panama and warned in July 2026 about firms that are not authorised to do business in forex or CFDs.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77.97% of retail CFD accounts lose money with Eightcap (its own figure). See the full Eightcap review and our Panama page.
3 brokers to check in Panama
From the brokers we review that are open to traders in Panama, then by TFB Score.
FP Markets reviewTFB Score 92/100
IG reviewTFB Score 92/100
Pepperstone reviewTFB Score 92/100
Frequently asked questions
Short answers, from the facts shown on this page.
Is Eightcap regulated in Panama?
No licence from the Superintendencia del Mercado de Valores de Panamá (SMV) among the 6 Eightcap entities we confirmed. Eightcap holds licences from ASIC (AFSL 391441), FCA (FRN 921296), CySEC (246/14), SCB (Bahamas) (SIA-F220), FSA Seychelles (SD100) and FSC Mauritius (GB25204603).
Which regulator oversees forex brokers in Panama?
Superintendencia del Mercado de Valores de Panamá (SMV). The SMV licenses brokers in Panama and warned in July 2026 about firms that are not authorised to do business in forex or CFDs. You can check a firm on its register: https://supervalores.gob.pa.
Which Eightcap company would open my account in Panama?
Not published by Eightcap for Panama; your sign-up documents name the company.
Which brokers should I look at in Panama?
FP Markets, IG and Pepperstone, from the brokers we review that are open to traders in Panama, in order of licence and TFB Score.
Forex trading at these brokers is done through CFDs (contracts for difference): you trade on the price moving up or down, without owning the currency itself.Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read the full risk warning