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.
| 🔎 Account | 🆓 Demo |
| 💰 Min. Deposit | None |
| 💵 Virtual Deposit | 3000 - 500'000 |
| 📈 Leverage | 1:25 - 1:500 |
| 🖥️ Accounts | Raw |
| Standard | |
| ☑️ Base Currency | AUD |
| USD | |
| EUR | |
| NZD | |
| 💻 Trading Platforms | MetaTrader4 |
| MetaTrader5 | |
| 🚀 Open an Account | 👉 Open Account |
Min Deposit
USD 100
Regulators
ASIC, FCA, CySec and SCB
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
55
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
EightCap Demo Account – 6 Key Point Quick Overview
- ☑️ EightCap Overview
- ☑️ EightCap Demo Account
- ☑️ EightCap Customer Reviews
- EightCap Pros and Cons
- Conclusion
- Frequently Asked Questions
EightCap 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 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.
| 🔎 Account | 🆓 Demo |
| 💰 Min. Deposit | None |
| 💵 Virtual Deposit | 3000 - 500'000 |
| 📈 Leverage | 1:25 - 1:500 |
| 🖥️ Accounts | Raw |
| Standard | |
| ☑️ Base Currency | AUD |
| USD | |
| EUR | |
| NZD | |
| 💻 Trading Platforms | MetaTrader4 |
| MetaTrader5 | |
| 🚀 Open an Account | 👉 Open Account |
EightCap Customer Reviews
Excellent Support.
Help was prompt and clear. Resolved the issue in minutes. – AJ
Easy to Use.
An easy registration process and good customer service. – Phillip
Great Communication.
Great communication, fast, reliable, and on point. All needed information was provided. – Lia
EightCap Pros and Cons
| ✅ Pros | ❌ Cons |
| Low Forex Fees | Slim Product Selection |
| Quick Account Application | Limited Research |
| Free Deposit and Withdrawal | Lack of Investor Protections |
Min Deposit
USD 100
Regulators
ASIC, FCA, CySec and SCB
Trading Platform
MT4, MT5
Crypto
Yes
Total Pairs
55
Islamic Account
No
Trading Fees
Low
Account Activation
24 Hours
Conclusion
Overall, EightCap does offer a free demo trading account for beginners to Practice forex trading in a 100% risk-free environment.
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Frequently Asked Questions
For which traders are Eightcap recommended?
Eightcap is recommended for traders looking for a regulated broker with low fees and who prefer the MetaTrader platform. Feel free to test it via the Eightcap demo account.
Is demo trading with Eightcap accurate?
Demo trading with Eightcap is a good way to practice trading on the broker’s platforms and get acquainted with its different features, but traders should always remember that simulated trading do not always correspond with live trading.
For how long is the demo account valid?
Demo accounts are usually valid for 30-days, but clients have the option to request an extension of the Eightcap demo account
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