Orbital x Eightcap Interview

Partnering for growth: Eightcap’s perspective

Orbital sat down with Patrick Murphy, Chief Operating Officer at Eightcap, to unpack five years of building together. The discussion highlights how stablecoin funding and settlements support trader deposits, partner settlements, and treasury flows, and how a shared focus on customer outcomes turns a vendor relationship into a growth partnership. Our commitment is simple: be a reliable, high-standards partner so customers can scale with confidence.

Q1: Can you tell us a bit about Eightcap and how the company has evolved?

Eightcap:

Eightcap is a leading fintech company providing a range of B2C and B2B solutions within its dynamic trading ecosystem. As a globally regulated derivatives broker, Eightcap has been recognised for its excellence, winning the Best Global CFD Broker award from TradingView in 2024.

Eightcap was founded in 2015 as a CFD broker based in Melbourne, Australia. Since then, we’ve grown significantly through B2B partnerships, affiliates, and IBs, and now operate in over 120 countries.

Eightcap Embedded is Eightcap’s dedicated B2B Trading-as-a-Service (TaaS) solution, a full-stack infrastructure layer that enables fintech platforms and crypto exchanges to offer seamless multi-asset derivatives trading natively in their own platforms.

Eightcap provides the licensing, liquidity, pricing, compliance, and core trading infrastructure, packaged into a single API-led integration. Partners can launch regulated or jurisdiction-tailored derivatives experiences across FX, indices, commodities, equities-style CFDs, and crypto with minimal internal build.

Security and compliance are non-negotiables, we hold ISO certifications and have strict standards that extend to partners like Orbital. As a technology-driven financial company handling client money and funding, we prioritise security and regulatory compliance. This makes it crucial for our partners, like Orbital, to uphold the highest standards in security, compliance, and operational excellence.

We are scaling our Embedded partnerships, with Bitazza Global one of the largest crypto platforms in ASEAN now live since Q2 2025. In addition, Swyftx - Australia’s highest-rated crypto trading platform with 1.5 million users has also launched our embedded derivatives this year. We have ongoing integration underway in the coming months with a couple more partners to be announced in the coming months. The ability to facilitate B2B stablecoin transfers between Eightcap, our partners, and liquidity providers will further enhance our TaaS solution, making it an even more powerful offering for our ecosystem.

Q2: What sets Eightcap apart from other platforms in the market?

Eightcap:

We’re more than just a brokerage, we’re a full-scale infrastructure provider. Our differentiator lies in our technology and the ability to embed trading directly into third-party platforms through Eightcap Embedded. We allow partners to offer regulated products to their users without needing to go through years of licensing and infrastructure development.

Our proprietary technology ensures a seamless, scalable, and modular trading experience, allowing partners to retain users and increase engagement while we handle execution, liquidity, and compliance. Our embedded integrations powers multi-asset trading natively embedded in our partner exchanges platform, enabling their users to access FX, indices, metals, oil, and equities in a regulated environment, all through one platform while we handle execution, liquidity, and compliance. This marks a major milestone in bridging crypto and TradFi trading, bringing new opportunities to crypto-native traders

Q3: How important is the payment experience, and what’s your strategy there?

Eightcap:

Payments are absolutely critical particularly for our B2B partners and their end users — second only to the trading experience itself. Our customers dictate the best payment solutions, and in emerging markets, crypto has emerged as the preferred method.

We recognised this trend early and adopted crypto payments in 2019, well ahead of many in our industry. As we expand our TaaS solution with more crypto exchanges and brokers, a growing percentage of our retail traders are also crypto holders.

Ensuring a frictionless funding experience via crypto is crucial for both our B2B and retail derivatives brand, Eightcap. Operating in 120+ countries, we must offer the right payment methods tailored to each region. Stablecoins like USDT is widely adopted in emerging markets, making it more convenient for our traders and cost-effective for us.

Q4: Have you seen specific trends in stablecoin usage or regional demand?

Eightcap:

Yes, definitely. In markets like LATAM and Southeast Asia, for example the Philippines and Indonesia, stablecoins are being adopted more rapidly. In these countries, local payment infrastructure may be limited, or local currencies are less stable, making stablecoins a more attractive option. In some markets, up to 40% of our deposits come through stablecoins. It’s a win-win: lower cost for the user, instant settlement for us and reduced FX exposure.

Q5: Why did you choose Orbital as your main crypto payments partner?

Eightcap:

Orbital provides the payment options we need, offering rapid deposits via dedicated crypto wallet addresses, which are highly relevant for our traders. Orbital is properly regulated for crypto operations in Gibraltar and Estonia, ensuring compliance with safeguarding funds, cybersecurity, financial crime prevention, and operational resilience. Unlike competitors who operate under light AML registrations with minimal oversight, Orbital meets the highest industry standards, providing security and reliability.

Furthermore, Orbital’s SOC 2 Type 2 report and ISO 27001 certification align with Eightcap’s strict security protocols. As a technology company dealing with client money and funding, security is non-negotiable for us. Our partnership with Orbital ensures that we only work with the highest-quality providers that uphold the same rigorous security and compliance standards.

But what’s kept us working together for five years is the consistency and support. If the pricing’s competitive, the service is good, and it works, there’s little reason to look elsewhere. Also, when something does go wrong, which is rare, Orbital’s response time and support are excellent. That trust is important in a high-volume, high-risk environment.

Q6: What kind of results or impact have you seen from using Orbital?

Eightcap:

Crypto payments now account for 10–20% of our total deposits, showing a strong adoption among traders. By integrating Orbital’s payment solutions, we’ve significantly reduced onboarding friction for retail traders, resulting in higher conversion and engagement rates.

With our network of embedded partnerships, we anticipate further growth in crypto deposits, enabling more multi-asset trading across global markets.

The integration of faster, cheaper blockchains and payment methods has had the biggest impact. For instance, TRON has dominated stablecoin transactions due to low fees, though Binance Smart Chain has recently gained traction.

Additionally, the ability to facilitate stablecoin transfers between Eightcap, our partners, and liquidity providers will enhance efficiency of our embedded solution. We are constantly working with Orbital to optimise transaction speed, reducing onboarding friction and increasing trader engagement.

Q7: What’s next for Eightcap and how does crypto fit into the future?

Eightcap:

We’re heavily focused on expanding our embedded partnerships through our TaaS offering. We’re launching with more platforms, which will collectively put us in front of +6 million new traders by the end of 2026.

Our embedded partners are crypto-native, so we’re planning to use USDT as the default funding and settlement currency across the ecosystem, not just for B2C deposits, but also for B2B treasury and risk management flows.

Q8: Any final thoughts on where crypto payments are heading?

Eightcap:

Crypto adoption is accelerating, and stablecoins like Tether are continuing to dominate in emerging markets and the trading ecosystem as the preferred funding method due to their speed, security, and efficiency.

Continued growth is now inevitable in stablecoin transactions, with crypto payments surpassing traditional banking methods in the next few years, and even quicker in our trading and investments space. The ability to facilitate B2B stablecoin transfers between Eightcap, our partners, and liquidity providers will be a game-changer. And with regulatory clarity globally improving on the back of the US, the case for stablecoins will only strengthen.

Important: The views and information shared here are for general informational purposes only and do not constitute financial, investment, legal, or other professional advice. Eightcap and Orbital do not guarantee the accuracy or completeness of the content. Products and services mentioned may not be available in all jurisdictions and are subject to applicable regulations. Readers should conduct their own due diligence and consult with a qualified advisor before making any financial decisions. 

Information provided herein is intended to inform eligible corporate customers about Orbital’s services and does not constitute financial or investment advice. The availability of particular Orbital’s services is subject to jurisdictional and regulatory limitations, compliance approval and signing of definitive service agreement. Orbital does not recommend buying or selling any particular digital assets and makes no representation on the suitability or reliability of any such asset. Cryptocurrencies are highly volatile and carry significant risks, including potential total loss. Stablecoins carry risks related to issuer solvency, reserve adequacy, and evolving regulatory frameworks.

Orbital is the trading name representing the Pay Perform group of traditional financial and digital asset service providers. Regulatory status of Orbital’s services differs per jurisdiction, and you may not be protected by government or regulatory protection schemes. Please see Legal Disclosures for more information or reach out to us at: hello@getorbital.com.