Eightcap offers three major accounts: the Standard Account , Raw account and TradingView Account. The raw spread account can be of two types: Raw Spread metatrader, and Raw Spread Ctrader account. The Standard account is spread-based, while the Raw Spread account is commission-based. Additionally, based on client type (Client profile), Eightcap offers a good number of account types:
Below is the full list of account types offered by Eightcap:
- Eightcap Standard Account
- Eightcap Raw account
- Eightcap TradingView Account
Eightcap Standard Account: Best for Beginners
Eightcap Standard Accounts are designed to meet the needs of retail traders in the forex and CFD markets. These accounts suit beginner traders, offering a straightforward and accessible trading experience with competitive spreads and reliable execution.
Key Features of Eightcap Standard Account:
- Applicable For: Applicable for all jurisdictions including ASIC, FCA, CySEC, SCB, and FSASVG
- Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity.
- KYC Verification: Required
- Trading Instruments: 800+ instruments Forex, Commodities, Indices, Shares, Crypto
- Trading Platforms: MT4, MT5, TradingView
- Minimum Deposit: $100
- Maximum Leverage: Up to 30:1 (CySEC, ASIC), up to 1000:1 (FSA), and up to 500:1 for a professional account.
- Trading Fees: Only Spread is charged (No Commission). Variable spreads from 1 pips. A rollover commission is applied on open positions overnight.
- Minimum Trade Size: 0.01 lot.
- Maximum Trade Size (Lot restriction per Ticket): 100 Lots
- Funding Currencies: AUD, USD, EUR, GBP, NZD, CAD, SGD
- Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account.
- Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
- Trading Style Allowed: All including Scalping, hedging, and EA Trading.
- Stop Out Level (retail): 50%
- Margin Call Level: 80%
- Negative balance Protection: Yes
- Investor Protection: Available under ASIC and CySEC regulations. However, the Investor protection scheme does not apply to FSA jurisdiction.
Eightcap Raw Account
Eightcap Raw spread metatrader Accounts are designed to meet the needs of retail traders in the forex and CFD markets. These accounts suit scalpers or EA traders who prefer to trade with metatrader ( MT4/MT5).
Key Features of Eightcap Raw Account:
- Applicable For: Applicable for all jurisdictions including ASIC, FCA, CySEC, SCB, and FSASVG
- Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity.
- KYC Verification: Required
- Trading Instruments: 800+ instruments Forex, Commodities, Indices, Shares, Crypto
- Trading Platforms: MT4, MT5, TradingView
- Minimum Deposit: $100
- Maximum Leverage: Up to 30:1 (CySEC, ASIC), up to 1000:1 (FSA), and up to 500:1 for a professional account.
- Trading Fees: Only Spread is charged (No Commission). Variable spreads from 0.0 pips. A rollover commission is applied on open positions overnight.
- Minimum Trade Size: 0.01 lot.
- Maximum Trade Size (Lot restriction per Ticket): 100 Lots
- Funding Currencies: AUD, USD, EUR, GBP, NZD, CAD, SGD
- Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account.
- Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
- Trading Style Allowed: All including Scalping, hedging, and EA Trading.
- Stop Out Level (retail): 50%
- Margin Call Level: 80%
- Negative balance Protection: Yes
- Investor Protection: Available under ASIC and CySEC regulations. However, the Investor protection scheme does not apply to FSA jurisdiction.
Eightcap TradingView Account
Key Features of Eightcap TradingView Account:
- Applicable For: Applicable for all jurisdictions including ASIC, FCA, CySEC, SCB, and FSASVG
- Account Opening: Fully Online Account opening. It may take only 5 to 7 Minutes. The demo account has 30 days of validity.
- KYC Verification: Required
- Trading Instruments: 800+ instruments Forex, Commodities, Indices, Shares, Crypto
- Trading Platforms: MT4, MT5, TradingView
- Minimum Deposit: $100
- Maximum Leverage: Up to 30:1 (CySEC, ASIC), up to 1000:1 (FSA), and up to 500:1 for a professional account.
- Trading Fees: Only Spread is charged (No Commission). Variable spreads from 1.0 pips. A rollover commission is applied on open positions overnight.
- Minimum Trade Size: 0.01 lot.
- Maximum Trade Size (Lot restriction per Ticket): 100 Lots
- Funding Currencies: AUD, USD, EUR, GBP, NZD, CAD, SGD
- Maximum Number of Positions ( At a time): 200 for MT4, MT5 Live account, 100 for MT4, MT5, demo accounts, 2000 for Ctrader trading account.
- Maximum Volume per trade: The maximum volume per trade ranges from 50 to 250 lots, depending on the platform type and tradable assets. For Shares CFDs, the maximum volume is 1000 shares in total
- Trading Style Allowed: All including Scalping, hedging, and EA Trading.
- Stop Out Level (retail): 50%
- Margin Call Level: 80%
- Negative balance Protection: Yes
Investor Protection: Available under ASIC and CySEC regulations. However, the Investor protection scheme does not apply to FSA jurisdiction.
