Eightcap Account Type

　　Eightcap offers a variety of account types tailored to meet the needs of different traders. The primary account types available are:

• Raw Account:
• Spreads: As low as 0.0 pips.
• Commission: $3.5 per side per standard lot traded.
• Minimum Deposit: $100.
• Minimum Trade Size: 0.01 lots.
• Suitable For: Experienced traders and those who predominantly trade Forex CFDs.
• Standard Account:
• Spreads: From 1.0 pips.
• Commission: No commission (spreads include commission).
• Minimum Deposit: $100.
• Minimum Trade Size: 0.01 lots.
• Suitable For: Beginners and traders looking for a commission-free trading experience.
• TradingView Account:
• Spreads: From 1.0 pips.
• Commission: No commission (spreads include commission).
• Minimum Deposit: $100.
• Minimum Trade Size: 0.01 lots.
• Features: Access to advanced charting tools, daily trade ideas, and webinars.
• Suitable For: Traders who want to leverage TradingView's features for analysis.

　　

Eightcap Broker Account Opening Process

　　To open a live trading account with Eightcap, follow these steps:

• 　　Visit the Website: Go to the Eightcap website and select the option to open a live account.

• 　　Fill Out the Registration Form: Complete the online account opening form by providing personal information such as your name, email address, phone number, and country of residence.

• 　　Upload Required Documents:

• Proof of ID: A color copy of a valid identification document (passport, driver's license, etc.) showing your full name, issue/expiry date, and signature.
• Proof of Residence: A recent utility bill (electricity, gas, water, etc.) dated within the last six months confirming your registered address.

• 　　Account Verification: After submitting the application and required documents, your account will be processed. You will receive a login number and password for your new trading account via email once your documents are verified.

• 　　Start Trading: Use your login credentials to access the trading platform (MT4/MT5) and begin trading with your validated account.

　　By following these steps, you can efficiently set up your trading account with Eightcap and start your trading journey.