<PAGE>

    As filed with the Securities and Exchange Commission on November 17, 2000
                                                Registration No. 333-___________


                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                              --------------------

                                    FORM S-8
                             REGISTRATION STATEMENT
                                      UNDER
                           THE SECURITIES ACT OF 1933

                              --------------------

                          GLOBAL CAPITAL PARTNERS INC.
             (Exact Name of Registrant as Specified in Its Charter)

          Delaware                                      52-1807562
(State or Other Jurisdiction                (I.R.S. Employer Identification No.)
of Incorporation or Organization)

                         6000 Fairview Road, Suite 1420
                               Charlotte, NC 28210
          (Address of Principal Executive Offices, Including Zip Code)

                             1996 STOCK OPTION PLAN
                            (Full Title of the Plan)

                              Martin A. Sumichrast
                 Chairman, Chief Executive Officer and President
                         6000 Fairview Road, Suite 1410
                               Charlotte, NC 28210
                                 (704) 643-8220
 (Name, Address and Telephone Number, Including Area Code, of Agent For Service)


                              --------------------

                                    COPY TO:

                              Paul F. McCurdy, Esq.
                            Kelley Drye & Warren LLP
                               Two Stamford Plaza
                              281 Tresser Boulevard
                           Stamford, Connecticut 06901

                              --------------------

                         CALCULATION OF REGISTRATION FEE
===============================================================================
                                        Proposed     Proposed
                                        Maximum      Maximum
    Title of                            Offering     Aggregate   Amount of
   Securities       Amount to be        Price Per    Offering   Registration
to be Registered  Registered (1),(3)  Share (2),(3)  Price (2)      Fee
-------------------------------------------------------------------------------
Common Stock,
Par value $.05
per share           300,000 shares         $2.94      $882,000     $232.85
===============================================================================

(1)  Pursuant to Rule 416 under the Securities  Act,  there are also  registered
     hereunder such  additional  Common Shares as may become  issuable under the
     1996 Stock Option Plan through the  operation of  applicable  anti-dilution
     provisions.

(2)  Estimated  solely for the purpose of calculating  the  registration  fee in
     accordance  with Rule 457(c) and (h) under the  Securities  Act of 1933, as
     amended (the  "Securities  Act"). The price per share is estimated based on
     the  average of the high and low  trading  prices  for the Common  Stock on
     November 15, 2000 as reported by Nasdaq SmallCap Market.

(3)  This Registration Statement on Form S-8 is being filed pursuant to Rule 429
     under the  Securities  Act of 1933,  as  amended  (the  "Securities  Act").
     1,200,000  shares  of  Common  Stock  were  previously  registered,  and an
     aggregate  fee of $2,416.97 was  previously  paid,  under our  Registration
     Statements on Form S-8, no.  333-25887,  no.  333-56973 and no.  333-33930,
     each of which is hereby  combined with this  Registration  Statement  under
     Rule 429.


<PAGE>


                                EXPLANATORY NOTE

     The purpose of this  Registration  Statement on Form S-8 of Global  Capital
Partners Inc. (the "Registrant") is to register an additional 300,000  shares of
the  Registrant's  common stock,  par value $.05 per share (the "Common Stock"),
issuable  pursuant to the  Registrant's  1996 Stock Option  Plan,  as amended on
December 17, 1997, April 12, 1999,  November 9, 1999 and September 21, 2000 (the
"Plan").

     The contents of  Registration  Statements on Form S-8, no.  333-25887,  no.
333-56973  and no.  333-33930,  each  previously  filed  by the  Registrant  and
relating to 400,000,  200,000  shares and  600,000  respectively,  of the Common
Stock to be offered  pursuant to the Plan, are  incorporated by reference hereto
pursuant to General Instruction E to Form S-8.

     The document(s) containing the information concerning the Plan specified in
Part I of the  instructions to  Registration  Statement on Form S-8 have been or
will be sent or given to the  participants  in the Plan,  as  specified  by Rule
428(b)(1) under the Securities Act of 1933 (the "Securities Act"). In accordance
with the Note to Part I of the  instructions to  Registration  Statement on Form
S-8, such documents are not filed with the  Securities  and Exchange  Commission
either as part of this  Registration  Statement or as a prospectus or prospectus
supplement  pursuant to Rule 424 under the Securities  Act. These  documents and
the documents  incorporated by reference in this Registration Statement pursuant
to Item 3 of Part II hereof, taken together,  constitute a prospectus that meets
the requirements of Section 10(a) of the Securities Act.

                                     PART II

               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

ITEM 3.  INCORPORATION OF DOCUMENTS BY REFERENCE.

      The SEC allows us to incorporate by reference the information we file with
it. The  information  incorporated by reference is considered to be part of this
report,  and later information filed with the SEC will update and supersede that
information.  We  incorporate  by reference the  documents  listed below and any
future filings made with the SEC under Sections 13(a), 13(c), 14 or 15(d) of the
Exchange Act of 1934, as amended.

     o    Our Annual Report on Form 10-KSB for the year ended March 31, 2000.

     o    Our  Quarterly  Report on Form 10-QSB for the  quarter  ended June 30,
          2000.

     o    Our Quarterly  Report on Form 10-QSB for the quarter  ended  September
          30, 2000.

     o    Our Proxy  Statement  relating to the Annual  Meeting of  Stockholders
          held on September 21, 2000, filed on August 25, 2000.

     o    The  description of the Common Stock as set forth in our  Registration
          Statement on Form S-1 No.  33-89544 filed with the SEC on February 15,
          1995  including any amendment  thereto or report filed for the purpose
          of updating such description.


<PAGE>


ITEM 8.  EXHIBITS.

      The following opinion and consents are attached hereto as exhibits:

EXHIBIT NO.                               DESCRIPTION
-----------                               -----------

   5.1         Opinion of Kelley Drye & Warren LLP regarding the legality of the
               securities being registered.

  23.1         Consent of Spicer, Jeffries & Co.

  23.2         Consent of Kelley Drye & Warren LLP (included in Exhibit 5.1).


<PAGE>



                                   SIGNATURES

      Pursuant to the requirements of the Securities Act of 1933, the Registrant
certifies  that it has  reasonable  grounds to believe  that it meets all of the
requirements  for filing on Form S-8 and has duly caused this  amendment  to the
Registration Statement to be signed on its behalf by the undersigned,  thereunto
duly authorized, in the city of Charlotte, state of North Carolina, on this 17th
day of November, 2000.

                                   GLOBAL CAPITAL PARTNERS INC.


                                   By: /S/   MARTIN A. SUMICHRAST
                                      ------------------------------------------
                                      Name:   Martin A. Sumichrast
                                      Title:  Chairman, Chief Executive Officer,
                                               President and Director

      Pursuant  to  the  requirements  of  the  Securities  Act  of  1933,  this
Registration  Statement  has  been  signed  by  the  following  persons  in  the
capacities and on the dates indicated.

<TABLE>
<CAPTION>


             SIGNATURE                         TITLE                      DATE
             ---------                         -----                      ----

<S>                                    <C>                          <C>
 /S/ MARTIN A. SUMICHRAST              Chairman, Chief Executive
-------------------------------------   Officer, President and      November 17, 2000
Martin A. Sumichrast                          Director
                                       (Principal Executive
                                             Officer)

  /S/  KEVIN D. MCNEIL                 Vice President, Secretary,
-------------------------------------      Treasurer and Chief      November 17, 2000
Kevin D. McNeil                            Financial Officer
                                       (Principal Financial and
                                          Accounting Officer)



------------------------------------           Director             November 17, 2000
Michael Sumichrast, Ph.D


  /S/  FRANK DEVINE
------------------------------------           Director             November 17, 2000
Frank Devine


  /S/  DR. LAWRENCE CHIMERINE
------------------------------------           Director             November 17, 2000
Dr. Lawrence Chimerine


   /S/    PAUL F. MCCURDY, ESQ.
------------------------------------           Director             November 17, 2000
Paul F. McCurdy, Esq.


</TABLE>



<PAGE>



                                  EXHIBIT INDEX

  EXHIBIT
  NUMBER                         DESCRIPTION

   5.1     Opinion  of  Kelley  Drye &  Warren  LLP  regarding  the
           legality of the securities registered hereunder.

   23.1    Consent of Spicer, Jeffries & Co.

   23.2    Consent of Kelley Drye & Warren  LLP(included in Exhibit 5.1).
[{"type": "S-8", "sequence": "1", "filename": "0001.txt", "description": "S-8 REGISTRATION STATEMENT", "secsgml_size_bytes": 10262}]
{"company-data": {"conformed-name": "GLOBAL CAPITAL PARTNERS INC", "cik": "0000899627", "assigned-sic": "6799", "irs-number": "521807562", "state-of-incorporation": "DE", "fiscal-year-end": "0331"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-50136", "film-number": "772013"}, "business-address": {"street1": "6000 FAIRVIEW RD", "street2": "STE 1410", "city": "CHARLOTTE", "state": "NC", "zip": "28210", "phone": "7046438220"}, "mail-address": {"street1": "6000 FAIRVIEW RD", "street2": "STE 1410", "city": "CHARLOTTE", "state": "NC", "zip": "28210"}, "former-company": [{"former-conformed-name": "GLOBAL CAPITAL MARKETS INC", "date-changed": "20000204"}, {"former-conformed-name": "EASTBROKERS INTERNATIONAL INC", "date-changed": "19970213"}, {"former-conformed-name": "CZECH INDUSTRIES INC /DE/", "date-changed": "19950308"}]}
As filed with the Securities and Exchange Commission on November 17, 2000
                                                Registration No. 333-___________

                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549

                              --------------------

                                    FORM S-8
                             REGISTRATION STATEMENT
                                      UNDER
                           THE SECURITIES ACT OF 1933

                              --------------------

                          GLOBAL CAPITAL PARTNERS INC.
             (Exact Name of Registrant as Specified in Its Charter)

          Delaware                                      52-1807562
(State or Other Jurisdiction                (I.R.S. Employer Identification No.)
of Incorporation or Organization)

                         6000 Fairview Road, Suite 1420
                               Charlotte, NC 28210
          (Address of Principal Executive Offices, Including Zip Code)

                             1996 STOCK OPTION PLAN
                            (Full Title of the Plan)

                              Martin A. Sumichrast
                 Chairman, Chief Executive Officer and President
                         6000 Fairview Road, Suite 1410
                               Charlotte, NC 28210
                                 (704) 643-8220
 (Name, Address and Telephone Number, Including Area Code, of Agent For Service)

                              --------------------

                                    COPY TO:

                              Paul F. McCurdy, Esq.
                            Kelley Drye & Warren LLP
                               Two Stamford Plaza
                              281 Tresser Boulevard
                           Stamford, Connecticut 06901

                              --------------------

                         CALCULATION OF REGISTRATION FEE
===============================================================================
                                        Proposed     Proposed
                                        Maximum      Maximum
    Title of                            Offering     Aggregate   Amount of
   Securities       Amount to be        Price Per    Offering   Registration
to be Registered  Registered (1),(3)  Share (2),(3)  Price (2)      Fee
-------------------------------------------------------------------------------
Common Stock,
Par value $.05
per share           300,000 shares         $2.94      $882,000     $232.85
===============================================================================

(1)  Pursuant to Rule 416 under the Securities  Act,  there are also  registered
     hereunder such  additional  Common Shares as may become  issuable under the
     1996 Stock Option Plan through the  operation of  applicable  anti-dilution
     provisions.

(2)  Estimated  solely for the purpose of calculating  the  registration  fee in
     accordance  with Rule 457(c) and (h) under the  Securities  Act of 1933, as
     amended (the  "Securities  Act"). The price per share is estimated based on
     the  average of the high and low  trading  prices  for the Common  Stock on
     November 15, 2000 as reported by Nasdaq SmallCap Market.

(3)  This Registration Statement on Form S-8 is being filed pursuant to Rule 429
     under the  Securities  Act of 1933,  as  amended  (the  "Securities  Act").
     1,200,000  shares  of  Common  Stock  were  previously  registered,  and an
     aggregate  fee of $2,416.97 was  previously  paid,  under our  Registration
     Statements on Form S-8, no.  333-25887,  no.  333-56973 and no.  333-33930,
     each of which is hereby  combined with this  Registration  Statement  under
     Rule 429.
EXPLANATORY NOTE

     The purpose of this  Registration  Statement on Form S-8 of Global  Capital
Partners Inc. (the "Registrant") is to register an additional 300,000  shares of
the  Registrant's  common stock,  par value $.05 per share (the "Common Stock"),
issuable  pursuant to the  Registrant's  1996 Stock Option  Plan,  as amended on
December 17, 1997, April 12, 1999,  November 9, 1999 and September 21, 2000 (the
"Plan").

     The contents of  Registration  Statements on Form S-8, no.  333-25887,  no.
333-56973  and no.  333-33930,  each  previously  filed  by the  Registrant  and
relating to 400,000,  200,000  shares and  600,000  respectively,  of the Common
Stock to be offered  pursuant to the Plan, are  incorporated by reference hereto
pursuant to General Instruction E to Form S-8.

     The document(s) containing the information concerning the Plan specified in
Part I of the  instructions to  Registration  Statement on Form S-8 have been or
will be sent or given to the  participants  in the Plan,  as  specified  by Rule
428(b)(1) under the Securities Act of 1933 (the "Securities Act"). In accordance
with the Note to Part I of the  instructions to  Registration  Statement on Form
S-8, such documents are not filed with the  Securities  and Exchange  Commission
either as part of this  Registration  Statement or as a prospectus or prospectus
supplement  pursuant to Rule 424 under the Securities  Act. These  documents and
the documents  incorporated by reference in this Registration Statement pursuant
to Item 3 of Part II hereof, taken together,  constitute a prospectus that meets
the requirements of Section 10(a) of the Securities Act.

                                     PART II

               INFORMATION REQUIRED IN THE REGISTRATION STATEMENT

ITEM 3.  INCORPORATION OF DOCUMENTS BY REFERENCE.

      The SEC allows us to incorporate by reference the information we file with
it. The  information  incorporated by reference is considered to be part of this
report,  and later information filed with the SEC will update and supersede that
information.  We  incorporate  by reference the  documents  listed below and any
future filings made with the SEC under Sections 13(a), 13(c), 14 or 15(d) of the
Exchange Act of 1934, as amended.

     o    Our Annual Report on Form 10-KSB for the year ended March 31, 2000.

     o    Our  Quarterly  Report on Form 10-QSB for the  quarter  ended June 30,
          2000.

     o    Our Quarterly  Report on Form 10-QSB for the quarter  ended  September
          30, 2000.

     o    Our Proxy  Statement  relating to the Annual  Meeting of  Stockholders
          held on September 21, 2000, filed on August 25, 2000.

     o    The  description of the Common Stock as set forth in our  Registration
          Statement on Form S-1 No.  33-89544 filed with the SEC on February 15,
          1995  including any amendment  thereto or report filed for the purpose
          of updating such description.
ITEM 8.  EXHIBITS.

      The following opinion and consents are attached hereto as exhibits:

EXHIBIT NO.                               DESCRIPTION
-----------                               -----------

   5.1         Opinion of Kelley Drye & Warren LLP regarding the legality of the
               securities being registered.

  23.1         Consent of Spicer, Jeffries & Co.

  23.2         Consent of Kelley Drye & Warren LLP (included in Exhibit 5.1).
SIGNATURES

      Pursuant to the requirements of the Securities Act of 1933, the Registrant
certifies  that it has  reasonable  grounds to believe  that it meets all of the
requirements  for filing on Form S-8 and has duly caused this  amendment  to the
Registration Statement to be signed on its behalf by the undersigned,  thereunto
duly authorized, in the city of Charlotte, state of North Carolina, on this 17th
day of November, 2000.

                                   GLOBAL CAPITAL PARTNERS INC.

                                   By: /S/   MARTIN A. SUMICHRAST
                                      ------------------------------------------
                                      Name:   Martin A. Sumichrast
                                      Title:  Chairman, Chief Executive Officer,
                                               President and Director

      Pursuant  to  the  requirements  of  the  Securities  Act  of  1933,  this
Registration  Statement  has  been  signed  by  the  following  persons  in  the
capacities and on the dates indicated.
SIGNATURE                         TITLE                      DATE
             ---------                         -----                      ----
/S/ MARTIN A. SUMICHRAST              Chairman, Chief Executive
-------------------------------------   Officer, President and      November 17, 2000
Martin A. Sumichrast                          Director
                                       (Principal Executive
                                             Officer)

  /S/  KEVIN D. MCNEIL                 Vice President, Secretary,
-------------------------------------      Treasurer and Chief      November 17, 2000
Kevin D. McNeil                            Financial Officer
                                       (Principal Financial and
                                          Accounting Officer)

------------------------------------           Director             November 17, 2000
Michael Sumichrast, Ph.D

  /S/  FRANK DEVINE
------------------------------------           Director             November 17, 2000
Frank Devine

  /S/  DR. LAWRENCE CHIMERINE
------------------------------------           Director             November 17, 2000
Dr. Lawrence Chimerine

   /S/    PAUL F. MCCURDY, ESQ.
------------------------------------           Director             November 17, 2000
Paul F. McCurdy, Esq.
EXHIBIT INDEX

  EXHIBIT
  NUMBER                         DESCRIPTION

   5.1     Opinion  of  Kelley  Drye &  Warren  LLP  regarding  the
           legality of the securities registered hereunder.

   23.1    Consent of Spicer, Jeffries & Co.

   23.2    Consent of Kelley Drye & Warren  LLP(included in Exhibit 5.1).