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Eightcap accounts and how they score
Account range and entry terms feed the rating. Here are Eightcap's accounts and the facts the score is built on.
Facts last checked . Read the full Eightcap review.
Accounts
- Minimum deposit
- $100
- Account types
- Standard, Raw, Professional, Demo
- Account currencies
- AUD, CAD, EUR, GBP, NZD, SGD, USD
- Islamic account
- No dedicated Islamic account
- Demo account
- Yes
- Professional account
- Yes, Eightcap Pro
- Minimum trade size
- 0.01 lots
- Time to open
- Typically a few minutes, subject to verification
What this means
Eightcap runs 4 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.
Base currencies: AUD, CAD, EUR, GBP, NZD, SGD, USD. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.
The smallest position is 0.01 lots. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.
A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.
Questions about Eightcap accounts
What account types does Eightcap offer?
Eightcap offers 4 account types: Standard, Raw, Professional, Demo.
What is the minimum deposit at Eightcap?
The minimum deposit at Eightcap is $100. It can differ by account type and by the entity you register with.
Does Eightcap offer an Islamic account?
No. Eightcap does not offer a swap-free account on our record.
Accounts at brokers under the same regulator
- Plus500 accounts also licensed by ASIC
- ATFX accounts also licensed by ASIC
- ThinkMarkets accounts also licensed by ASIC
- IC Markets accounts also licensed by ASIC
- FxPro accounts also licensed by FCA