EightCap account types - Main Banner

  EightCap makes 3 account types available: The EightCap Standard Account, the EightCap Raw Account, and the EightCap Demo Account. An EighCap Islamic, Swap-Free Account is not made available at this time (2026).  

💰 Min Deposit: $100
📈 Leverage: Up to 1:500
🏦 Regulators: ASIC, FCA, CySEC, SCB
 

EightCap Account Types - Key Point Quick Overview

  1. ☑️ Overview
  2. ☑️EightCap Account Types
  3. ☑️How to open an EightCap Account – Step by Step Guide
  4. ☑️Eightcap at a Glance
  5. ☑️Customer Reviews
  6. ☑️Pros and Cons
  7. ☑️Conclusion
  8. ☑️Frequently Asked Questions

 

Overview

  • EightCap is an Australian financial services company that offers trading solutions and access to currencies (Forex), commodities, indices, cryptocurrencies, and shares to global customers.
  • The trading environment is secure, and the broker has won numerous awards, including the 'Best Forex Educational Resources - Global' and 'Best Forex Trading Support in Europe'  (2021).

   

EightCap Account Types

EightCap Account Types

  EightCap makes two live account types available: the EightCap Standard Account and the EightCap Raw Account.  

🌐 Feature / Account Type🧾 Standard Account⚡ Raw Account
🔹 SpreadsFrom 1.0 pipFrom 0.0 pips
💰 CommissionNo commission$3.5 per lot per side
👤 Best ForBeginners & casual tradersPros, scalpers & high-frequency traders
📊 Tradable Instruments800+ (Forex, indices, commodities, crypto)800+ (Same range)
🛠️ Trading PlatformsMT4, MT5MT4, MT5
⚙️ Execution SpeedFastSuper-fast, low slippage
💸 Minimum Deposit$100 USD$100 USD
📈 LeverageUp to 1:500Up to 1:500
📉 Pricing ModelSpread-onlyRaw spread + commission
🔍 TransparencySimple cost structureMarket-depth pricing
📥 Deposit MethodsCards, bank transfer, e-walletsCards, bank transfer, e-wallets
🔄 Suitable Trading StylePosition & swing tradingScalping, day trading, algo trading
🎯 Spread TypeFixed/VariableRaw (variable only)
🌍 Market AccessSTP modelECN-like execution
📱 Mobile CompatibilityYes (MT4/MT5 apps)Yes (MT4/MT5 apps)
📝Sign up👉 Open Account👉 Open Account
 

Standard Account

  • The Eightcap Standard Account is for traders looking for competitive trading conditions with no commissions and tight spreads.
  • This account type provides low spreads starting from 1.0 pip.
  • Therefore, it is suitable for beginners and occasional traders who would prefer a simple cost structure.

 

Raw Account

  • The Eightcap Raw Account is for those traders who look for low-cost trading with ultra-tight spreads and direct market access.
  • Starting from 0.0 pips, this account offers one of the highly competitive commissions at $3.5 per lot, both per side, ideal for both scalpers and high-frequency traders, and professional traders alike, who need better pricing.
  • Depositing requires just $100 with leverage as high as 1:500, thus making sure that an Eightcap account holder will be able to trade cost-efficiently with deep liquidity and minimal slippage.

 

Demo Account

  • EightCap does offer a free demo trading account for beginners to practice forex trading in a 100% risk-free environment.
  • The EightCap Demo account is by default active for 30 days, but can be extended via a call to customer support.

  EightCap Demo Account  

🔎 Account🆓 Demo
💰 Min. DepositNone
💵 Virtual Deposit 3000 - 500'000
📈 Leverage 1:25 - 1:500
🖥️ AccountsRaw
Standard
☑️ Base CurrencyAUD
USD
EUR
NZD
💻 Trading PlatformsMetaTrader4
MetaTrader5
🚀 Open an Account👉 Open Account
 
💰 Min Deposit: $100
📈 Leverage: Up to 1:500
🏦 Regulators: ASIC, FCA, CySEC, SCB
 

How to open an EightCap Account - Step-by-Step Guide

[video width="1920" height="1080" mp4="/storage/images/2022/03/How-to-EightCap.mp4"][/video]  

Step 1: Start Registration

  • In order to open an EightCap live trading account, the applicant must start the registration by clicking on the green "Create Account" button located at the top right of the webpage.

  How to open an EightCap Account - Step-by-Step Guide step 1  

Step 2: General Information

  • The second step in the registration process is to complete a short registration form with the general information required.
  • This includes creating a unique account password.

  How to open an EightCap Account - Step-by-Step Guide step 2  

Step 3: Email Verification

  • Once the General Information form has been completed, the applicant will be met with the following screen (seen below) and will be prompted to check their inbox in order to verify their application.

  How to open an EightCap Account - Step-by-Step Guide step 3  

Step 4: Verify Email Address

  • The applicant will receive an email with a "Verify Email Address" button, which needs to be clicked for the process to continue.

  EightCap Account - Step-by-Step Guide step 4  

Step 5: Complete Account Information

  • The applicant will now be prompted and guided through a 3-step process in order for their EightCap Live Trading account to be created.

  EightCap Account - Step-by-Step Guide step 5  

💰 Min Deposit: $100
📈 Leverage: Up to 1:500
🏦 Regulators: ASIC, FCA, CySEC, SCB
 
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EightCap at a Glance

CategoryDetails
Company Information
🏷️Company NameEightcap
📍Headquarters LocationMelbourne, Australia
📅Year Established2009
👤CEO/FounderJoel Murphy
🌐Global Offices Australia, UK, Bulgaria, Cyprus
🔖Licensing BodyAustralian Securities and Investments Commission (ASIC), Financial Conduct Authority (FCA), Cyprus Securities and Exchange Commission (CySEC), Securities Commission of The Bahamas (SCB)
👥Group CompaniesEightcap Pty Ltd, Eightcap Group Ltd, Eightcap EU Ltd, Eightcap Global Limited, Eightcap Limited
🏛️Business ModelECN/STP
🌍Operational LanguagesEnglish, Chinese, Arabic, Spanish, and others
🏆Awards & RecognitionsBroker of the Year 2023 (Global Forex Awards) Most Innovative Affiliate Program (Global Business Review) Best Crypto Broker (AtoZ Markets) Annual Review Award (International Business Magazine) Best Customer Service Broker 2021 (Global Brands Magazine) Best Forex Trading Support 2021 and 2022 (Global Forex Awards, Retail)
Regulation and Security
🛡️RegulationASIC: Eightcap Pty Ltd (AFSL 391441) FCA: Eightcap Group Ltd (FRN 921296) CySEC: Eightcap EU Ltd (License No. 246/14) SCB: Eightcap Global Limited (SIA-F220)
✔️Compliance StandardsMiFID, GDPR, AML, KYC
💼Client Fund Segregation Yes
🪫Negative balance protectionYes
🕵️‍♂️Financial Conduct OversightConducted by respective regulatory authorities (ASIC, FCA, CySEC, SCB)
💰Insurance CoverageNo
📋AML & KYC PolicyYes
🔒Security of Trading PlatformSSL Encryption, 2FA
🛡️Investor Compensation FundYes
🖥️Cybersecurity MeasuresAdvanced Firewall Protection
Account Types and Features
⚙️Standard Account Offers commission-free trading with wider spreads
📊ECN Account Yes (Raw Account)
🌙Islamic AccountNo
🎮Demo Account Available with a 30-day limit, extensions possible upon request
👑VIP AccountNo
💵Minimum Deposit$100 USD / R1600 ZAR
💱Base CurrenciesAUD USD EUR NZD
⚖️Leverage OptionsUp to 1:500
📈Spreads (Fixed/Variable)Raw Account offers spreads as low as 0.1 pips, Standard Account has wider spreads
🔄Swap-Free AccountsNo
🌐Account Currency ConversionNo
🚨Margin Call Level80%
❌Stop-Out Level50%
🔄Hedging Allowed Yes
⚡Scalping AllowedYes
🔁Copy Trading SupportYes (via TradingView, Myfxbook)
👥Social Trading FeaturesYes (via ZuluTrade)
💼Managed AccountsNo
Trading Conditions
🔍Average SpreadsFrom 0.0 pips (Raw)
💲Commissions per Trade $3.50 per lot (Raw)
🔢Leverage Range1:1 – 1:500
🚀Execution Speed< 30ms
📊Order Execution TypeMarket Execution
🔄Slippage PolicyYes
📏Margin requirementsVaries by asset
⏹️Stop-Loss and Take-Profit OrdersYes
🔁Trailing StopsYes
🕑Pending OrdersYes
🔽Partial FillsYes
🧾Dividend AdjustmentsYes
🌙Overnight Swap Fees Yes
📆Rollover PolicyYes
🛑Guaranteed Stop LossNo
Trading Instruments
💹Forex Currency Pairs40+
🪙Precious Metals (Gold/Silver)Yes
📈IndicesYes
🌾CommoditiesYes
⛽Energies (Oil/Natural Gas)Yes
₿CryptocurrenciesYes (250+ crypto CFDs)
📉StocksYes
🗂️ETFsNo
🏛️BondsNo
📜Futures Contracts No
🛡️Options ContractsNo
⚖️CFDs (Contracts for Difference)Yes
🔣Swap on Trading BoardYes
🔀Leveraged InstrumentsYes
🎯Micro-Lot TradingYes
💸Spread BettingNo
🧺Currency BasketsNo
Deposits and Withdrawals
💳Deposit MethodsBank Wire, Credit/Debit Card, Skrill, Neteller, PayPal, Crypto
💵Withdrawal MethodsBank Wire, Credit/Debit Card, Skrill, Neteller, PayPal, Crypto
⏱️Processing Time for DepositsInstant
🕒Processing Time for Withdrawals 1-3 business days
🚫Deposit FeesNo
💵Withdrawal FeesNo (except bank wires)
🔢Minimum Deposit Amount$100 USD / R1600 ZAR
📉Minimum Withdrawal Amount$50
🚪Maximum Withdrawal Limit No limit
💱Supported CurrenciesAUD USD EUR NZD
₿Crypto Deposits & WithdrawalsYes
🏦Bank Wire TransfersYes
💳Credit/Debit CardsYes
📲E-Wallets (Skrill, Neteller, etc.)Yes
🏘️Local Payment MethodsNo
Trading Platforms and Tools
💻MetaTrader 4 (MT4) Yes
👩‍💻MetaTrader 5 (MT5)Yes
🖥️Proprietary PlatformNo
📱Mobile Trading AppYes (MT4/MT5)
🌐Web-Based PlatformYes
🤖Trading Bots Yes
🖧VPS ServicesYes
🔌API ConnectivityYes
📉Charting ToolsYes
🧮Custom IndicatorsYes
🧠Market Sentiment Analysis Yes
📩Trading SignalsYes
🏷️Advanced Order TypesYes
⚠️Risk Management ToolsYes
📅Economic Calendar Yes
📰Market News Feed Yes
Customer Support
📞Support ChannelsLive Chat, Email, Phone
🗨️Live Chat Availability24/5
📧Email SupportYes
📱Phone SupportYes
🌍Multilingual SupportYes
❓Help Center/FAQYes
👨‍💼Dedicated Account ManagerNo
⏲️Response Time (Live Chat)4.5/5
🕒Response Time (Email)Eightcap offers 24/7 customer support, ensuring timely responses to client inquiries.
⭐Support Rating Awarded "Best Forex Trading Support – EUROPE" in 2022.
Educational Resources and Support
🎥Webinars Provides live webinars covering various trading topics.
🏫SeminarsNo
📖Trading TutorialsOffers guides on MetaTrader platforms and trading fundamentals.
📊Market Analysis ReportsRegularly publishes market updates and trade ideas.
📚E-BooksNo
🎬Video LibraryProvides a range of educational videos.
📜GlossaryNo
❔FAQs Comprehensive FAQ section available.
🆕Beginner GuidesOffers resources tailored for beginners.
🚀Advanced Trading StrategiesProvides insights into advanced trading techniques.
Partnerships and Programs
📋IB ProgramOffers an Introducing Broker program.
🪪Affiliate program?Yes, an affiliate program is available.
🏷️White Label SolutionsNo
🎁Partnership Rewards Provides rewards for partners.
🏛️Institutional SolutionsNo
🔌API Partnership No
🤝Referral ProgramYes, a referral program is in place.
Fees & Charges
💳Deposit FeesNo deposit fees.
📤Withdrawal FeesNo withdrawal fees.
💤Inactivity FeeNo
🌜Overnight Fees (Swaps)Applicable on positions held overnight.
💱Conversion FeesMay apply for currency conversions.
💰Commission on TradesRaw Account: $7 per round lot, Standard Account: commission-free with higher spreads.
Market Research Tools
📅Economic CalendarAI-powered economic calendar available.
📰Market NewsProvides regular market news updates.
📩Trading Signals Offers trading signals through various platforms.
🔧Technical Analysis ToolsComprehensive tools available on MT4, MT5, and TradingView.
💭Sentiment Analysis Provides market sentiment analysis.
Additional Features
👥PAMM/MAM Accounts No
🔗Social Trading PlatformIntegration with TradingView for social trading.
🏆Trading CompetitionsYes
🎁Loyalty RewardsNo
👑Exclusive VIP PerksNo
Promotions & Bonuses
🎁Welcome Bonus No
💵Deposit Bonus No
🏅Trading ContestsNo
🌟Seasonal PromotionsNo
🎖️Loyalty ProgramsNo
User Experience & Reviews
🖥️User Interface QualityPlatforms are user-friendly and intuitive.
🔒Platform StabilityPlatforms are stable with minimal downtime.
📱Mobile App Reviews Mobile trading apps are well-received by users.
⭐Overall User RatingGenerally positive user feedback.
🌟Trustpilot RatingHigh
😟Common ComplaintsNo significant complaints reported.
Mobile
📱Mobile App NameMetaTrader 4 and MetaTrader 5.
🛠️Developer MetaQuotes Software Corp.
📅Release YearMT4: 2005 MT5: 2010.
💻OS CompatibilityCompatible with i
🌐Languages SupportedEnglish, Spanish, Chinese, German, French, and more
📈Trading InstrumentsForex, Commodities, Indices, Shares, Cryptocurrencies
🔄Real-Time DataYes, provided on MetaTrader 4, MetaTrader 5, and TradingView
🛠️Charting ToolsAdvanced charting tools available on MT4, MT5, and TradingView
📊Order Types SupportedMarket, Limit, Stop, Trailing Stop, Pending Orders
🚀Order Execution SpeedUltra-fast execution with low latency
🔔Custom Alerts Available on MT4, MT5, and TradingView
🤝Beginner-Friendly Yes, offers educational resources and easy-to-use platforms
🔐Security FeaturesSSL encryption, segregated client funds, regulated by ASIC and FCA
🖥️SynchronizationCross-platform sync between desktop, web, and mobile
💰Deposit and Withdrawal Supports bank transfers, credit/debit cards, PayPal, Skrill, Neteller, and crypto
📝Account Types AccessibleStandard, Raw, Demo, and Islamic accounts
🔄Switch AccountsYes, easy account switching between different account types
💬In-App Support24/5 multilingual customer support via live chat, email, and phone
📚Educational Resources Webinars, tutorials, market analysis, and trading guides
🎯WatchlistCustomizable watchlist available on platforms
🌙Dark ModeAvailable on TradingView and mobile apps
🌐Social TradingSupports TradingView integration for social trading
AI Trading Resources
🤖AI IntegrationNo dedicated AI trading but supports third-party AI tools
📊Data Analysis Advanced analytics tools available via TradingView and MetaTrader
📈Predictive AnalyticsNo built-in predictive AI, but supports external plugins
🛠️Customizable StrategiesAvailable via Expert Advisors (EAs) on MT4/MT5
📉Risk Management ToolsStop-loss, take-profit, margin call alerts, negative balance protection
🧑‍🏫Trading InsightsMarket analysis and research reports provided
🚀Execution OptimizationUltra-low spreads and fast execution speeds
🔄Portfolio RebalancingManual rebalancing available
📚AI TutorialsNo AI-specific tutorials, but general trading education available
🎥Video DemonstrationsAvailable for platform tutorials and trading strategies
🧑‍🤝‍🧑Webinars Regular webinars on market trends and strategies
🔍AI-Powered Search No AI-powered search, but TradingView has smart search features
🌟Beginner-Friendly Yes, with demo accounts and learning materials
🖥️Platform AvailabilityWeb, desktop (Windows/Mac), and mobile (iOS/Android)
📈Backtesting CapabilityAvailable through MT4/MT5 Strategy Tester
🛠️Strategy BuilderExpert Advisors (EAs) and TradingView scripting supported
🔔Alerts and NotificationsPrice alerts, economic news alerts, and order notifications
🔒Data ProtectionHigh-level security and encrypted transactions
👁️‍🗨️Transparency Fully regulated and provides clear fee structures
Social Media Platformst
📘FacebookYes, active presence
📷InstagramYes, shares trading insights and updates
🐦Twitter Yes, provides market news and updates
💼LinkedIn Yes, for professional updates and company news
🎥YouTubeYes, offers trading tutorials and market analysis
👉Open Account👉 Open Account
 

Eightcap Customer Reviews

  • Eightcap also offers more than 800 financial instruments for easy diversification.
  • The overall feedback, although experiences may differ, suggests that Eightcap is trustworthy for both beginner and experienced traders.
  • Traders also like the fact that this broker supports MT4 and MT5 accounts, as these platforms offer advanced charting and automated trading.
  • Other strong points mentioned are platform reliability, great security features, and 24/7 responsive support.

 

📍 Category 🔍 Review Summary ⭐Rating
💨 Trade ExecutionFast and seamless order execution⭐⭐⭐⭐⭐
💰 Spreads & FeesCompetitive spreads with reasonable fees⭐⭐⭐⭐☆
📊 Trading PlatformsSupports MT4 & MT5 with advanced features⭐⭐⭐⭐⭐
🔒 SecurityStrong security measures for safe trading⭐⭐⭐⭐⭐
🤝 Customer Support24/7 support with responsive assistance⭐⭐⭐⭐☆
📚 Educational ResourcesHelpful materials for beginners & pros⭐⭐⭐⭐☆
📈 Asset VarietyOver 800 financial instruments available⭐⭐⭐⭐⭐
 
💰 Min Deposit: $100
📈 Leverage: Up to 1:500
🏦 Regulators: ASIC, FCA, CySEC, SCB
 

Customers Ratings

🌐 Platform📝 Feedback Summary⭐ Rating
Myfxbook logo
Generally positive reviews highlighting reliable service and competitive spreads.⭐⭐⭐⭐ (4.2/5)
Forex Peace Army logo
Mixed reviews some users report positive experiences, while others mention issues with trade execution and withdrawals.⭐⭐☆☆ (2/5)
TrustPilot Logo
Generally positive feedback with a TrustScore of 4.2, reflecting reliable services and customer satisfaction.⭐⭐⭐⭐ (4.2/5)
 

Pros and Cons

✅ Pros ❌ Cons
Low Forex FeesSlim Product Selection
Quick Account ApplicationLimited Research
Free Deposit and WithdrawalLack of Investor Protections
 

Conclusion

Overall, EightCap makes 3 account types available: The EightCap Standard Account, the EightCap Raw Account, and the EightCap Demo Account.

 

You might also like:

Eightcap ReviewEightcap Demo Account – Step by StepEightcap Fees and SpreadsEightcap Minimum DepositEightcap Sign up Bonus

 

Frequently Asked Questions

 

What account types does Eightcap offer?

Eightcap offers Standard and Raw accounts. Standard includes spreads with no commission, while Raw provides tighter spreads with a small commission per trade. accounts support MT4 and MT5 platforms and flexible leverage depending on jurisdiction.  

Which Eightcap account is best for beginners?

Beginners choose the Standard account because it has no commission and simple pricing. Spreads are slightly wider, but costs are predictable. It provides access to educational resources, demo trading, and risk management tools.  

How does Raw account pricing work?

How Raw account pricing works. The Raw account features low spreads starting from zero pips, combined with a fixed commission per lot traded. This structure benefits high-frequency traders and scalpers who prioritize tight spreads over commission-free trading models.  

Are account types available on MT4 and MT5?

Yes, Eightcap supports MetaTrader 4 and MetaTrader 5 platforms for Standard and Raw accounts. Traders can choose a preferred platform based on features, execution preferences, and compatibility with trading strategies and automated systems.  

What minimum deposit is required for each account?

Eightcap offers a low minimum deposit requirement, making account types accessible. The amount may vary by region or payment method, but traders can typically start with a modest deposit and scale up gradually.  

Can you switch between account types later?

Yes, traders can request to open accounts within the client portal. This allows switching between Standard and Raw pricing structures without closing existing positions, giving flexibility to test strategies under different trading cost environments.  

Does Eightcap support leverage?

Yes, leverage is available on account types, allowing traders to control larger positions with smaller capital. However, leverage limits depend on regulatory jurisdiction, and higher leverage increases risk, requiring careful risk management and disciplined trading practices.  

Is it a demo account for testing account types?

Eightcap provides a free demo account for both Standard and Raw setups. Traders can practice strategies, test platform features, and understand pricing differences in a risk-free environment before committing real funds.  

Which account better suits scalping?

The Raw account is better for scalping because it offers tighter spreads and reduces trading costs for frequent trades. Although commissions apply, the cost structure is often more efficient for high volume and short-term trading strategies.  

Are there differences in execution speed between accounts?

Execution speed is similar across types, as they use the same infrastructure. However, Raw accounts may experience slightly improved pricing efficiency due to direct market spreads, and can indirectly benefit execution outcomes for active traders.  

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