Eightcap Account Type

Eightcap offers a variety of trading accounts tailored to different trading styles, with a focus on providing competitive spreads and low trading costs. The primary account types include:

• Raw Spread Account:
• Spreads: As low as 0.1 pips for EUR/USD and 0.3 pips for GBP/USD.
• Commission: $3.5 per lot.
• Minimum Deposit: $100.
• Leverage: Up to 1:500.
• Platforms: MetaTrader 4, MetaTrader 5, TradingView.
• Standard Account:
• Spreads: Wider spreads compared to raw spread accounts.
• Commission: Typically commission-free.
• Minimum Deposit: $100.
• Platforms: MetaTrader 4, MetaTrader 5, TradingView.

Eightcap Broker Account Opening Process

To open an account with Eightcap, follow these steps:

• Visit the Eightcap Website: Go to Eightcap's official website.

• Click on "Open Account": Locate the sign-up button on the homepage.

• Fill Out the Registration Form: Provide personal details such as name, email, phone number, and address.

• Choose Your Account Type: Select either the Raw Spread Account or Standard Account based on your trading needs.

• Upload Verification Documents: Submit identification documents (passport or drivers license) and proof of address (utility bill or bank statement) for verification.

• Fund Your Account: Deposit a minimum of $100 using various payment methods like credit/debit cards, bank transfers, or e-wallets.

• Download Trading Platform: Once your account is approved, download the trading platform (MT4 or MT5) to start trading.

• Start Trading: Familiarize yourself with the platform and begin trading with your funded account.

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