An Eightcap funded account refers to a live trading account that has been activated with a real money deposit. Unlike a demo account, which uses virtual funds, a funded account allows you to trade with your own capital and, if successful, generate real profits. Eightcap offers two main live account types: the Standard Account and the Raw Account, each designed to suit different trading styles and cost preferences.
Eightcap was founded in Melbourne, Australia, in 2009 and has grown into a global brokerage serving clients in over 100 countries. The broker is regulated by multiple tier-1 authorities, including ASIC (Australia, AFSL 391441), FCA (UK, FRN 921296), and CySEC (Cyprus, License 246/14), as well as offshore entities in the Bahamas, Seychelles, and Mauritius. This regulatory framework provides a strong foundation of safety and transparency for your funded account.
Eightcap offers access to over 800 instruments, including forex, commodities, indices, share CFDs, and a wide range of cryptocurrencies. The broker's no-dealing-desk (NDD) execution model aggregates pricing from top-tier liquidity providers, ensuring competitive spreads and fast execution — crucial factors for any funded trading account.
Eightcap offers two primary live account types, each with a distinct pricing model. Understanding the differences is essential for choosing the right funded account for your trading strategy.
Pricing: Spread-only, no commission. Spreads start from 1.0 pip on EUR/USD. Ideal for traders who prefer simplicity and trade less frequently or in smaller volumes.
Minimum deposit: $100
Best for: Beginners, casual traders, and those who trade on a smaller scale.
Pricing: Tighter spreads (from 0.0 pips on EUR/USD) plus a per-lot commission (from $3.50 per side). This model is more cost-effective for active traders and scalpers.
Minimum deposit: $100
Best for: Day traders, scalpers, and high-volume traders who benefit from lower all-in costs.
The choice between the Standard and Raw accounts depends on your trading style, frequency, and volume. For example, if you trade multiple times per day, the Raw account's tighter spreads can significantly reduce your overall trading costs, despite the commission. Conversely, if you trade less frequently or in smaller sizes, the Standard account's commission-free model may be more advantageous.
Both account types offer the same range of instruments, leverage options, and platform access (MetaTrader 4, MetaTrader 5, TradingView, and Eightcap Web Trader). The minimum deposit for both accounts is $100 (or equivalent in GBP, EUR, AUD, etc.), making Eightcap accessible to traders with moderate capital.
Funding your Eightcap account is a straightforward process. The broker supports a range of deposit methods to accommodate clients from different regions. Below is a practical checklist to guide you through the funding process.
💡 Important: Eightcap does not charge internal fees for deposits. However, your bank or payment provider may apply transaction fees. Always check with your provider for any applicable charges. Additionally, the broker may require you to deposit using the same method for withdrawals, in compliance with anti-money laundering (AML) policies.
According to ASIC and FCA guidelines, brokers must ensure that client funds are held in segregated accounts. Eightcap complies with this requirement, meaning your deposited funds are kept separate from the company's operational funds, providing an additional layer of security for your funded account.
Understanding the cost structure of your funded account is essential for effective trading. Eightcap's fees are transparent and vary by account type.
| Fee Component | Standard Account | Raw Account |
|---|---|---|
| Pricing model | Spread-only | Spread + commission |
| Commission per lot (per side) | None | From $3.50 (varies by entity) |
| EUR/USD spread (indicative) | From 1.0 pip | From 0.0 pips |
| All-in cost (EUR/USD) | ~1.0 pip | ~0.76–0.8 pip (incl. commission) |
| Overnight financing (swap) | Applies to positions held past 23:00 GMT; varies by instrument and direction | |
| Deposit / withdrawal fees | No internal fees; third-party fees may apply | |
| Inactivity fee | Charged after prolonged non-trading (check the broker's current terms) | |
Spreads are variable and can widen during periods of low liquidity or high market volatility, such as during major news releases. The Raw account's commission is charged per lot per side, meaning a standard lot (100,000 units) incurs a round-turn commission of approximately $7 (depending on the entity). For active traders, the Raw account often provides better value despite the commission.
Overnight swap fees are applied to positions held past the daily cut-off time. These rates are determined by the interest rate differential between the two currencies in a forex pair and are debited or credited to your account daily. Always check the swap rates in the platform's instrument specifications before holding positions overnight.
An Eightcap funded account can be used across a variety of trading styles and strategies. Below is a comparison table that outlines how different types of traders can leverage Eightcap's account features.
| Trading Style | Recommended Account | Key Features Used | Why Eightcap Fits |
|---|---|---|---|
| Scalper | Raw Account | Low spreads, fast execution, one-click trading | Tight spreads from 0.0 pips and low latency execution support rapid entries and exits. |
| Day Trader | Raw Account | Charting tools, price alerts, economic calendar | Real-time data, alerts, and fast execution help capture intraday opportunities. |
| Swing Trader | Standard Account | Competitive spreads, flexible holding periods | Commission-free model suits longer-term positions; swap rates apply for overnight holds. |
| Algorithmic Trader | Raw Account | MT4/MT5, API access, EAs | Full support for Expert Advisors (EAs) and automated strategies on MT4 and MT5. |
| Beginner / Casual Trader | Standard Account | Simple pricing, demo practice, educational resources | Commission-free model and low minimum deposit make it accessible for learning. |
Amara, a day trader based in Singapore, opened an Eightcap Raw Account with an initial deposit of $1,000. She chose the Raw account for its tight spreads on EUR/USD and GBP/USD, which she trades actively during the London and New York sessions. Amara uses MetaTrader 5 with custom indicators and sets a stop-loss on every trade, risking no more than 1% of her account per trade. After two months of consistent trading, she grew her account to $1,420. She then requested a withdrawal of $200 to her Skrill account, which was processed within 24 hours. Amara's experience demonstrates how a funded account, when combined with proper risk management and a suitable account type, can be a productive tool for active traders.
Before funding an account with any broker, performing thorough due diligence is essential. Eightcap's regulatory framework provides a strong foundation, but independent verification is still recommended.
🔍 Verification tip: To independently verify Eightcap's regulation, check the ASIC Professional Registers (AFSL 391441), the FCA Financial Services Register (FRN 921296), and the CySEC register (License 246/14). Always cross-check the licence status and any conditions attached to it. Do not rely solely on the logos displayed on the broker's website.
According to ASIC's 2025 annual report, the regulator conducted over 400 on-site inspections and imposed fines exceeding A$15 million for various compliance breaches. This proactive enforcement demonstrates the strength of ASIC regulation and provides additional confidence for traders using the ASIC-licensed entity.
Eightcap holds client funds in segregated accounts with top-tier banks, separate from the company's operational funds. The broker also uses SSL encryption (256-bit) to protect data transmissions and offers two-factor authentication (2FA) for enhanced account security. These measures help protect your funded account from unauthorised access and financial mismanagement.
Even with a well-regulated broker and a suitable account type, traders often make mistakes that can erode their capital. Recognising these common errors can help you protect your funded account.
📌 Important: Treat your funded account with the same discipline as you would a professional portfolio. Stick to your trading plan, use proper risk management (e.g., risking no more than 1-2% per trade), and regularly review your performance.
According to ESMA, between 74% and 89% of retail investor accounts lose money when trading CFDs with providers in Europe. According to ASIC, the proportion is similarly high in Australia. Eightcap is no exception. The use of leverage can increase your exposure to market movements, and losses can exceed your initial investment if you are not using negative balance protection.
This guide is for educational and informational purposes only. It does not constitute personal financial, legal, or tax advice. All trading decisions are your own responsibility. Before you start trading with a funded account, read the broker's Risk Disclosure Notice and consider whether you fully understand the risks involved, including the potential for losing your entire deposited capital.
For additional investor education, refer to the ASIC Moneysmart website, the FCA consumer hub, the CFTC retail forex fraud education materials, and the BIS foreign-exchange reports. These authorities provide valuable insights into the mechanics of leveraged trading and how to identify potential scams.
Always verify the current terms, fees, spreads, leverage, and regulatory status directly with Eightcap and the relevant regulator before depositing funds.
The minimum deposit for both the Standard and Raw accounts is $100 (or equivalent in GBP, EUR, AUD, etc.). This makes Eightcap accessible to traders with moderate capital.
The Standard account is spread-only with no commission, while the Raw account offers tighter spreads (from 0.0 pips) plus a per-lot commission. The Raw account is generally more cost-effective for active traders and scalpers.
Eightcap supports credit/debit cards (Visa, Mastercard), bank transfers, and e-wallets such as Skrill and Neteller. Availability varies by region. Check the deposit section in your account for the options available to you.
Eightcap does not charge internal fees for deposits or withdrawals. However, your bank or payment provider may apply their own transaction fees. Always check with your provider for any applicable charges.
Leverage varies by entity. For ASIC, FCA, and CySEC entities, retail leverage is capped at 1:30 for major forex pairs and 1:20 for other assets. Offshore entities (Bahamas, Seychelles, Mauritius) may offer leverage up to 1:500.
Withdrawal processing times vary by method. E-wallet withdrawals are usually processed within 24 hours, card withdrawals take 1-5 business days, and bank transfers can take 2-7 business days. The total time also depends on your payment provider.
Yes, Eightcap is regulated by multiple tier-1 authorities including ASIC (Australia, AFSL 391441), FCA (UK, FRN 921296), and CySEC (Cyprus, License 246/14). It also holds licences from offshore regulators in the Bahamas, Seychelles, and Mauritius.
Yes, Eightcap offers a free demo account with virtual funds. The demo account is an excellent way to practice trading and familiarise yourself with the platform before committing real money.