Eightcap offers a range of account types to cater to the diverse needs of traders in India. Our account options are designed to accommodate various trading styles, experience levels, and investment capacities. Each account type provides access to our comprehensive suite of trading instruments, including forex, CFDs on stocks, indices, commodities, and cryptocurrencies.
Overview of Available Account Types
- Standard Account
- Raw Account
- Pro Account
- Demo Account
Each account type has its unique characteristics, which we will explore in detail.
Raw Account Features
The Raw Account is designed for more experienced traders who prefer tighter spreads and are comfortable with a commission-based fee structure.
Key Features of Raw Account
- Minimum deposit: 8,300 INR (equivalent to $100 USD)
- Spreads from: 0.0 pips
- Commission: 290 INR per side per standard lot (580 INR round turn)
- Maximum leverage: 1:30 (for retail clients as per regulatory requirements)
- Available instruments: Over 300 trading instruments
- Minimum trade size: 0.01 lots
- Maximum trade size: 100 lots
- Margin call level: 80%
- Stop out level: 50%
- Hedging allowed: Yes
- Scalping allowed: Yes
- Expert Advisors (EAs) allowed: Yes
The Raw Account offers institutional-grade pricing, making it suitable for high-volume traders and those employing scalping or algorithmic trading strategies.
Standard Account Features
The Standard Account is our entry-level offering, suitable for beginners and intermediate traders.
Key Features of Standard Account
- Minimum deposit: 8,300 INR (equivalent to $100 USD)
- Spreads from: 1.0 pips
- Commission: No commission
- Maximum leverage: 1:30 (for retail clients as per regulatory requirements)
- Available instruments: Over 300 trading instruments
- Minimum trade size: 0.01 lots
- Maximum trade size: 100 lots
- Margin call level: 80%
- Stop out level: 50%
- Hedging allowed: Yes
- Scalping allowed: Yes
- Expert Advisors (EAs) allowed: Yes
The Standard Account offers a straightforward pricing structure with no commissions, making it ideal for traders who prefer simplicity in their trading costs.
Pro Account Features
The Pro Account is our premium offering, tailored for professional traders and high-net-worth individuals.
Key Features of Pro Account
- Minimum deposit: 830,000 INR (equivalent to $10,000 USD)
- Spreads from: 0.0 pips
- Commission: Negotiable based on trading volume
- Maximum leverage: Up to 1:500 (subject to eligibility and regulatory approval)
- Available instruments: Over 300 trading instruments
- Minimum trade size: 0.01 lots
- Maximum trade size: Customizable
- Margin call level: Customizable
- Stop out level: Customizable
- Hedging allowed: Yes
- Scalping allowed: Yes
- Expert Advisors (EAs) allowed: Yes
The Pro Account offers personalized trading conditions and is subject to approval based on the trader’s experience and financial situation.
Demo Account Features
The Demo Account allows traders to practice their strategies in a risk-free environment using virtual funds.
Key Features of Demo Account
- Virtual balance: 830,000 INR (equivalent to $10,000 USD)
- Duration: 30 days (extendable upon request)
- Spreads and conditions: Mirror live trading environment
- Available instruments: All instruments offered on live accounts
- Platforms: MT4, MT5, and WebTrader
- Educational resources: Full access to Eightcap’s educational materials
- Customer support: Same level of support as live accounts
- Account types: Can simulate both Standard and Raw account conditions
- Real-time market data: Live market quotes
- Strategy testing: Ability to test manual and automated strategies
- Risk-free trading: No real money involved
- Seamless transition: Easy upgrade to live account when ready
The Demo Account is an invaluable tool for both new and experienced traders to test strategies and familiarize themselves with our trading platforms.
Comparison of Account Types
| Feature | Standard Account | Raw Account | Pro Account |
| Minimum Deposit | 8,300 INR | 8,300 INR | 830,000 INR |
| Spreads From | 1.0 pips | 0.0 pips | 0.0 pips |
| Commission | No | Yes | Negotiable |
| Max Leverage | 1:30 | 1:30 | Up to 1:500 |
| Instruments | 300+ | 300+ | 300+ |
| Ideal For | Beginners | Experienced | Professionals |
Account Security Measures
Eightcap implements robust security measures to protect client accounts and funds.
Security Features
- Two-factor authentication (2FA)
- SSL encryption for data transmission
- Segregated client funds
- Regular security audits
- Negative balance protection
- Anti-money laundering (AML) compliance
- Know Your Customer (KYC) procedures
- Automated risk management systems
- Regular account activity monitoring
- Secure login protocols
- Limited employee access to sensitive data
- Regular security training for staff
We encourage all clients to enable 2FA and follow best practices for account security.
Choosing the Right Account Type
Selecting the appropriate account type depends on several factors. Consider the following when making your decision:
- Trading experience
- Trading volume
- Preferred trading style (e.g., scalping, day trading, swing trading)
- Capital availability
- Risk tolerance
- Desired leverage
- Fee structure preference (spread-only vs. commission)
- Need for customization
We recommend starting with a Demo Account to familiarize yourself with our platforms and services before committing to a live account.
Account Management Tools
Eightcap provides various tools to help traders manage their accounts effectively.
Available Management Features
- Client portal for account overview
- Real-time balance and equity tracking
- Deposit and withdrawal management
- Trading history and performance reports
- Document upload facility for verification
- Personal account manager (for eligible accounts)
- Margin calculator
- Pip calculator
- Trading journal integration
- Multi-account manager (MAM) for professional traders
- API trading solutions
- Custom reporting tools
These tools are designed to enhance the trading experience and provide comprehensive account oversight.
FAQ
Can I have multiple account types with Eightcap?
Yes, you can open multiple accounts with different account types. This allows you to utilize different strategies or trade various instruments under optimal conditions for each. Contact our support team to set up additional accounts.
What is the difference between the Standard and Raw accounts in terms of overall trading costs?
The Standard Account has no commission but slightly wider spreads, while the Raw Account offers tighter spreads but charges a commission. The overall cost can be similar, but the Raw Account may be more cost-effective for high-volume or frequent traders. We recommend comparing the costs based on your typical trading volume and style.
Are there any inactivity fees for Eightcap accounts?
Eightcap does not currently charge inactivity fees on any of our account types. However, we encourage regular account activity to maintain familiarity with our platforms and current market conditions. If you need to take a break from trading, you can always use our demo account to stay engaged without risking real funds.
