Current Location: Eightcap >> Account Type

Account Type

Eightcap offers three distinct types of trading accounts, each catering to different trading needs and styles:

  1. Standard Account:

    • This account type offers trading without commission, making it an attractive option for traders who prefer not to deal with commission fees.
    • Spreads start as low as 1.0 pips.
    • The minimum deposit required is $100.
    • The maximum trade size is 100 lots.
    • Margin Call Level and Stop Out Level are set at 80% and 50% respectively.
    • Base currencies available for the account include AUD, USD, and EUR.
    • The account is compatible with Expert Advisors (EAs) and allows scalping.
  2. Raw Account:

    • The Raw Account is ideal for traders who prefer tighter spreads and are willing to pay a commission for their trades.
    • Spreads start from as low as 0.0 - 0.1 pips.
    • The commission is 3.5 AUD, USD, NZD, SGD, CAD, 2.25 GBP, or 2.75 EUR per standard lot traded.
    • Similar to the Standard Account, the minimum deposit is $100, and the maximum trade size is 100 lots.
    • Margin Call and Stop Out Levels are also at 80% and 50%.
    • This account type also supports multiple base currencies, including AUD, USD, and EUR.
    • Scalping is allowed, and it's compatible with EAs.
  3. TradingView Account:

    • This account integrates with TradingView, offering advanced charting tools, daily trade ideas, webinars, and custom indicators.
    • Spreads start from 1.0 pips.
    • There's no commission for trading in this account, except for shares which include commission.
    • The minimum deposit is $100, and the minimum and maximum trade sizes are 0.01 lots and 100 lots, respectively.
    • Base currencies include AUD, USD, EUR, GBP, NZD, CAD, and SGD.
    • Like the other accounts, the TradingView Account allows scalping and is compatible with EAs.
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