Eightcap Account Types

Eightcap offers three types of trading accounts to cater to different trader needs: Standard Account, Raw Account, and Demo Account.

• Standard Account
• Minimum Deposit: $100
• Spreads: From 1.0 pips
• Commissions: None
• Leverage: Up to 1:500
• Compatible Platforms: MT4, MT5, TradingView
• Available Instruments: Forex, commodities, indices, stocks, and cryptocurrencies
• Minimum Trade Size: 0.01 lots
• Raw Account
• Minimum Deposit: $100
• Spreads: From 0.0 pips
• Commissions: $3.50 per side per lot (total $7.00 per standard round lot)
• Leverage: Up to 1:500
• Compatible Platforms: MT4, MT5, TradingView
• Available Instruments: Forex, commodities, indices, stocks, and cryptocurrencies
• Minimum Trade Size: 0.01 lots
• Demo Account
• Validity: 30 days (extendable upon request)
• Virtual Funds: $3,000 to $500,000
• Leverage: Up to 1:500
• Compatible Platforms: MT4, MT5

Eightcap Broker Account Opening Process

Opening an account with Eightcap is a straightforward process that typically takes about 5-10 minutes. Here are the steps:

• Visit the Website: Go to Eightcap's official website.
• Create an Account: Click on the "Create Account" button.
• Fill in Registration Form: Enter the required information including country of residence, name, email, password, and phone number.
• Email Confirmation: Check your email for a verification link and confirm your email address.
• Select Account Type: Choose the type of account (Standard, Raw, or Demo) and provide additional details such as gender, date of birth, and address.
• Verification: Upload necessary documents for verification, including a government-issued ID and proof of residence (e.g., utility bill).
• Deposit Funds: After verification, fund your account with a minimum deposit of $100 to start trading.

By following these steps, you can easily set up your trading account with Eightcap.