Eightcap Account Type

　　Eightcap offers various account types tailored to meet the needs of different traders. The primary account types include:

• Raw Account:
• Commission: Flat commission on trades.
• Spreads: Starting from 0 pips.
• Leverage: Up to 1:500.
• Ideal for: Experienced traders looking for tight spreads.
• Standard Account:
• Commission: No commission; spreads are included in the trade price.
• Spreads: Competitive spreads starting from 1 pip.
• Leverage: Up to 1:500.
• Ideal for: Beginners and casual traders who prefer simplicity.

　　Both accounts provide access to over 200 cryptocurrencies for trading via CFDs, allowing traders to speculate on price movements without owning the underlying assets.

　　

Eightcap Broker Account Opening Process

　　To open a broker account with Eightcap, follow these steps:

• 　　Choose Account Type: Decide whether to open a Raw or Standard account based on your trading needs.

• 　　Registration:

• Visit the Eightcap website.
• Click on the "Open Account" button.
• Fill out the online registration form with your personal information, including your name, email address, and phone number.
• Verification:
• Provide proof of identity (e.g., passport or driver's license) and proof of address (e.g., utility bill or bank statement).
• Complete the KYC (Know Your Customer) requirements.
• Fund Your Account:
• Deposit funds using various payment methods, including bank transfer, credit/debit card, or cryptocurrency.
• The minimum deposit requirement is $100.
• Start Trading:
• Once your account is funded and verified, access the trading platform (MetaTrader 4 or 5) to start trading cryptocurrencies and other assets.

　　By following these steps, you can successfully open an account with Eightcap and begin your trading journey.