Understanding Eightcap Account Types in India
Our company offers two main trading accounts for Indian users: Raw and Standard. The Raw account provides direct access to market liquidity with very low spreads and a commission per trade. The Standard account charges no commission but includes slightly higher spreads. Both account types allow trading in multiple base currencies such as INR, USD, EUR, and GBP. Indian traders can open individual or corporate accounts depending on their needs and regulatory compliance.
Verification adheres to Indian KYC norms requiring Aadhaar, PAN, or passport for identity confirmation. Address proof includes recent utility bills or bank statements. Minimum deposits start at $100 (around ₹8,300), and funding options cover local bank transfers, wire transfers, and digital payments. Processing times vary by method, with instant deposits via UPI and digital wallets.
| Account Feature | Raw Account | Standard Account |
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Spread Type | From 0.0 pips | From 1.0 pips |
| Commission | $3.50 per lot | No commission |
| Base Currency Options | INR, USD, EUR, GBP | INR, USD, EUR, GBP |
| Maximum Leverage | 1:500 | 1:500 |
Raw Account Features and Benefits
Our Raw accounts provide institutional-quality pricing and direct market access. Spreads can start as low as 0.0 pips on major forex pairs due to aggregation from tier-one liquidity providers. A fixed commission of $3.50 per lot per side applies, making pricing transparent. Trades execute via Straight Through Processing (STP), bypassing any dealing desk, which enhances speed and reduces execution latency.
Spread Structure for Raw Accounts
During peak hours like London and New York sessions, EUR/USD spreads typically range from 0.0 to 0.2 pips. GBP/USD spreads are between 0.1 to 0.4 pips, while USD/JPY averages 0.0 to 0.3 pips. Currency pairs involving INR display variable spreads between 2.0 and 8.0 pips depending on liquidity and volatility.
Commission Calculation Method
Commissions apply separately for opening and closing trades. For the standard lot size of 100,000 units, $3.50 commission per side is charged, totaling $7.00 for a complete round trip. Mini and micro lot commissions are proportionally lower. All commission fees are transparent and reflected automatically in MetaTrader account statements.
Standard Account Trading Conditions
Standard accounts eliminate commission fees by integrating costs into wider spreads. This suits traders preferring straightforward fee structures. Typical EUR/USD spreads begin at 1.0 pips, while GBP/USD starts at 1.2 pips. Commodity and index CFDs offer competitive spreads adjusted for market volatility.
Spread Comparison Across Instruments
Major forex pairs maintain stable spreads during Indian trading hours, with USD/INR spreads between 3.0 to 12.0 pips. Cross pairs such as EUR/GBP show spreads from 1.5 to 3.0 pips. Commodity CFDs like gold and silver feature spreads from 0.3 to 0.8 pips. Oil and natural gas CFDs have spreads measured in points, with US indices spreads ranging from 1.0 to 3.0 points.
Account Management Tools
Standard account holders access MetaTrader 4, MetaTrader 5, and TradingView platforms. These tools deliver comprehensive charting, technical indicators, and real-time economic calendars. Mobile apps for iOS and Android enable full account management including trade execution and risk monitoring. Push notifications keep traders updated on margin status and market events.
Account Opening Process for Indian Residents
Start by registering on our secure online portal tailored for Indian clients. Provide accurate personal details and select either a Raw or Standard account. Upload required documents including Aadhaar, PAN, and recent address proof. Complete a trading experience questionnaire to assess suitability and risk tolerance.
Verification occurs within one business day. Approved users receive login details and platform download instructions via email. Demo accounts activate instantly for practice prior to live funding.
- Upload government-issued photo ID (Aadhaar, PAN, passport, or driving license)
- Provide utility bill or bank statement dated within 90 days
- Submit PAN card for tax compliance
- Verify bank account details for withdrawals
- Complete risk disclosure questionnaire
Funding Methods Available in India
We support multiple deposit methods suitable for Indian traders. NEFT, RTGS, and IMPS bank transfers allow secure funding with low costs. International wire transfers accommodate large deposits with competitive exchange rates. UPI payments provide instant deposits up to ₹2,00,000.
Digital Payment Integration
UPI transactions are processed within minutes during banking hours via apps like Google Pay, PhonePe, Paytm, and BHIM. Credit and debit card payments accept Visa, Mastercard, and RuPay cards with limits up to ₹5,00,000 per deposit. Secure 3D authentication ensures transaction protection.
Withdrawal Processing Times
Withdrawals request processing takes up to 24 hours during business days. Bank transfer withdrawals complete within 1-3 days, while international wire transfers require 3-5 days. Withdrawals must return to original funding sources to comply with anti-money laundering rules.
| Payment Method | Deposit Time | Withdrawal Time | Minimum Amount | Maximum Amount |
|---|---|---|---|---|
| Bank Transfer | 1-3 days | 1-3 days | ₹1,000 | ₹50,00,000 |
| UPI | Instant | Not available | ₹100 | ₹2,00,000 |
| Credit/Debit Card | Instant | 3-5 days | ₹1,000 | ₹5,00,000 |
| Wire Transfer | 1-2 days | 3-5 days | $500 | $100,000 |
Trading Platform Integration
Eightcap supports MetaTrader 4 and MetaTrader 5 platforms for both Raw and Standard accounts. Traders can download these from our website or official app stores. Login credentials are consistent across desktop, web, and mobile versions for seamless access.
MetaTrader 4 Setup Process
Install MT4 from our downloads page or app stores. Open the platform and select “File” then “Login to Trade Account.” Enter your assigned account number, password, and select the correct Eightcap server. Customize charts using over 30 built-in technical indicators and configure Expert Advisors for automated strategies.
TradingView Integration Benefits
Link your Eightcap account to TradingView to access advanced charting and social trading. Execute trades directly from TradingView with real-time data feeds. Indian users see INR pricing and local market session times. Social features enable strategy sharing and community interaction globally.
Risk Management Features
Our platform offers multiple risk control tools for all account types. Margin requirements vary by instrument and leverage, typically 0.2% to 2%. Automated stop-loss and take-profit orders close positions at predefined levels. We provide real-time margin calculators and position sizing tools to manage exposure effectively.
Margin Call and Stop-Out Levels
Margin calls trigger when equity reaches 100% of required margin, with email and SMS alerts sent immediately. Stop-out activates at 50% margin, closing losing positions automatically starting with the largest loss. Traders can monitor margin status via platform dashboards and mobile apps.
Negative Balance Protection
Negative balance protection prevents account balances from falling below zero, shielding Indian traders from owing funds beyond deposits during volatile markets. This applies to all account types without extra fees. Any negative balances incurred from market gaps are absorbed by Eightcap.
| Risk Management Tool | Functionality |
|---|---|
| Stop-Loss Orders | Automatic position closure at set loss level |
| Take-Profit Orders | Automatic position closure at set profit level |
| Trailing Stops | Dynamic stop-loss adjustment with market movement |
| Guaranteed Stop-Loss | Premium feature ensuring no slippage |
| Margin Monitoring | Real-time margin requirement updates |
| Negative Balance Protection | Prevents below-zero account balances |
Account Comparison and Selection Guidance
Raw accounts are suited for high-frequency traders requiring minimal spreads and tight execution. Scalpers and algorithmic traders benefit from transparent commissions and STP execution. Standard accounts are preferred for swing and position traders who seek simple commission-free trading with consistent spreads.
Account type changes are possible post-opening via online requests, with open trades transferring seamlessly. Our India-based support team provides tailored advice based on trading style and volume. Both account types include equal customer service access and educational materials.
| Trading Style | Recommended Account | Key Benefits | Typical Trade Frequency |
|---|---|---|---|
| Scalping | Raw Account | Minimal spreads, fast execution | 50+ trades/day |
| Day Trading | Raw Account | Low transaction costs | 10-50 trades/day |
| Swing Trading | Standard Account | No commissions | 5-20 trades/week |
| Position Trading | Standard Account | Simplified pricing | 1-10 trades/month |
| Algorithmic Trading | Raw Account | Institutional conditions | Variable |
❓ FAQ
What are the minimum deposits for Eightcap accounts in India?
The minimum deposit is $100 (approximately ₹8,300) for both Raw and Standard account types.
Can Indian traders use INR as the base currency?
Yes, INR is supported as a base currency along with USD, EUR, and GBP.
How fast is trade execution on Raw accounts?
Execution speeds average 40 milliseconds due to STP technology and direct liquidity provider access.
Are there commissions on Standard accounts?
No. Standard accounts have no commission fees; trading costs are included in the spreads.
What funding methods are available for Indian clients?
We accept NEFT, RTGS, IMPS bank transfers, UPI payments, credit/debit cards, and international wire transfers.
