Account Registration and Document Verification Process
Our company facilitates a smooth registration procedure tailored for traders in India using Eightcap metatrader 4. To start, visit our official website and complete the online account creation form. You must provide personal details including your full name, email, mobile number, and country selection (India). Immediately after submission, a confirmation email is sent; you must click the verification link to activate your account. Document verification follows, requiring identity and address proof to comply with regulations.
Required Documentation for Indian Residents
Indian clients need to upload identification such as a passport, Aadhaar card, or driving license. For address proof, acceptable documents include recent utility bills, bank statements, or rental agreements dated within three months. Files must be clear, legible, and in PDF or JPEG formats with a maximum size of 5MB. Verification is normally completed within 24 to 48 hours by our compliance team.
Account Type Selection and Base Currency Options
We provide two main account types: Standard and Raw, each with different features. Standard accounts have fixed spreads without commissions, while Raw accounts offer variable spreads with a commission per lot. Account holders can choose base currencies including USD, EUR, or INR for convenience in India. Minimum deposits are $100 USD for Standard and $200 USD for Raw accounts.
| Account Type | Minimum Deposit | Spread Type | Commission |
|---|---|---|---|
| Standard | $100 USD | Fixed | None |
| Raw | $200 USD | Variable | $3.50/lot |
| Corporate | $500 USD | Variable | $3.50/lot |
Step-by-Step Registration Process
First, access the Eightcap website and click “Create Account.” Fill in the registration form with accurate details. Next, verify your email by clicking the link we send. Upload required documents through your dashboard. Finally, wait for verification confirmation before proceeding to fund your account.
MetaTrader 4 Platform Download and Installation
Eightcap metatrader 4 supports Windows, macOS, iOS, and Android platforms. Download the appropriate version from our website or official app stores. Desktop installations require admin rights and meet minimum system requirements. Windows needs 1GB RAM and Windows 7 or newer; macOS requires version 10.10 or later. Mobile apps function on iOS 9.0+ and Android 5.0+ devices.
Login Credentials and Server Configuration
After account activation, you receive an email with login ID, password, and server address. Open MetaTrader 4 and select the correct server: “Eightcap-Live” for live accounts or “Eightcap-Demo” for practice. Use credentials to log in. Indian users connect to Asia-Pacific servers for optimal latency.
Platform Customization and Chart Setup
Customize charts by selecting timeframes from 1 minute to monthly. Add technical indicators like RSI, MACD, Bollinger Bands, and moving averages. Save chart templates to reuse configurations. You can also integrate Expert Advisors for automated trading strategies. Adjust interface colors and gridlines for personal preference.
How to Start Trading on MetaTrader 4
Once logged in, access the Market Watch panel to view available instruments. Right-click an asset and select “Chart Window” to analyze price movements. Use the “New Order” button to open a trade. Configure lot size, stop loss, and take profit. Confirm the order to execute it immediately or set pending orders for future triggers.
Funding Your Trading Account from India
We provide multiple deposit options tailored for Indian users. UPI payments via PhonePe, Google Pay, and Paytm allow instant deposits. Bank transfers through NEFT and RTGS are available for higher amounts, processed within hours during business days. Credit and debit cards from major Indian banks are accepted, with immediate processing.
UPI and Digital Wallet Integration
Deposit using UPI by entering your payment ID and amount in INR on our platform. Digital wallets like Paytm and MobiKwik are supported with processing times ranging from instant to 30 minutes. No additional fees apply on UPI deposits below ₹50,000.
Currency Conversion and Exchange Rates
Deposits in INR are converted in real-time to your account’s base currency using live rates updated every few seconds. If you choose INR as your base currency, conversion fees are eliminated. For USD or EUR accounts, conversion spreads range between 0.2% and 0.5%, depending on market conditions.
Minimum Deposit Amounts by Payment Method
Each deposit method has specific minimum requirements to comply with Indian banking regulations and RBI guidelines.
| Payment Method | Minimum Deposit (INR) | Processing Time |
|---|---|---|
| UPI (PhonePe, Google Pay, Paytm) | ₹7,500 | Instant |
| NEFT/RTGS Bank Transfer | ₹10,000 | 2-4 hours |
| Credit/Debit Cards | ₹8,000 | Immediate |
| Digital Wallets (Paytm, MobiKwik) | ₹7,500 | Up to 30 minutes |
How to Deposit Funds
Login to your Eightcap dashboard and navigate to “Deposit.” Select your preferred payment method and enter the amount in INR. Follow prompts to complete the transaction via your chosen app or banking interface. Confirm deposit success on the platform before proceeding to trade.
Available Trading Instruments and Market Access
Our platform offers access to both forex and CFD trading instruments. Forex pairs include majors, minors, and exotics such as USD/INR. CFDs cover commodities like gold, silver, crude oil, and stock indices including India’s Nifty 50 and Sensex. Cryptocurrency CFDs are also available.
Forex Trading Pairs and Spreads
Major forex pairs offer spreads starting from 0.1 pips on Raw accounts. Minor pairs have slightly wider spreads, and exotic pairs including USD/INR provide additional exposure to Indian currency fluctuations. Leverage up to 1:500 is available, adjusted to comply with SEBI regulations.
Commodity and Index CFD Trading
Trade spot gold and silver with leverage up to 1:200. Energy commodities include crude oil and natural gas. Indices such as Nifty 50 and Bank Nifty allow market exposure without direct stock ownership. International indices provide global diversification.
Cryptocurrency CFD Options
Trade CFDs on Bitcoin, Ethereum, Litecoin, and other popular coins. Leverage for crypto is limited to 1:20 due to volatility. Real-time quotes update continuously to reflect market conditions.
| Asset Class | Available Instruments | Leverage | Minimum Spread |
|---|---|---|---|
| Forex | 60+ pairs | 1:500 | 0.1 pips |
| Commodities | 25+ products | 1:200 | 0.3 points |
| Indices | 15+ markets | 1:100 | 0.5 points |
| Cryptocurrencies | 10+ coins | 1:20 | 0.5% |
How to Access Instruments on MetaTrader 4
Open the Market Watch window and right-click to show all available instruments. Use the search bar to find specific forex pairs or CFDs. Add instruments to your watchlist by selecting “Show.” Open charts and start technical analysis before placing trades.
Order Types and Trade Execution Methods
MetaTrader 4 supports market and pending orders. Market orders execute instantly at current prices. Pending orders include Buy Limit, Sell Limit, Buy Stop, and Sell Stop, activated when prices reach specified levels. Our platform offers one-click trading for swift execution during volatile periods.
Stop Loss and Take Profit Configuration
Set stop loss orders to limit losses automatically. These close trades when adverse price levels are hit. Trailing stops move stop loss levels dynamically to lock in profits. Take profit orders close trades at your defined profit targets. Partial position closing is supported with multiple take profit levels.
Advanced Order Management Features
Good Till Cancelled orders remain active until executed or cancelled. Fill or Kill orders execute fully or not at all. Immediate or Cancel orders fill available amounts and cancel remaining portions. Order expiration can be set to automatically cancel pending orders after a specific time.
How to Place and Modify Orders
To open an order, click the “New Order” button on MetaTrader 4. Choose the instrument, select volume, and specify order type. Use the order window to set stop loss and take profit. Modify open positions by right-clicking on the trade and selecting “Modify or Delete Order.”
Risk Management Tools and Position Monitoring
Eightcap metatrader 4 incorporates advanced risk controls suitable for Indian traders. Negative balance protection prevents your account from falling below zero. Margin call alerts notify you as your equity approaches maintenance margin. Real-time monitoring shows open position profits, losses, and margin use.
Margin Requirements and Leverage Controls
Forex margin requirements range from 0.2% to 2%, depending on leverage. Commodity CFDs require between 1% and 5% margin. Leverage adapts dynamically based on account equity and market volatility. During high-impact news, leverage reduces to protect margin. Margin closeout activates at 50% to safeguard funds.
Account Protection and Security Measures
We enforce SSL encryption and two-factor authentication for account security. Client funds are held in segregated accounts, separate from company operations. Activity monitoring detects unusual trading or login attempts. Password policies require complexity and regular updates.
Risk Management Features Overview
- Automatic stop loss and take profit execution
- Real-time margin and equity monitoring
- Negative balance protection
- Dynamic leverage adjustments
- Position size calculators for risk control
| Risk Feature | Description |
|---|---|
| Negative Balance Protection | Prevents losses beyond account equity |
| Margin Call Alerts | Real-time notifications at margin thresholds |
| Dynamic Leverage | Adjusts leverage based on market conditions |
| Stop Loss Automation | Ensures trade exits at predefined levels |
| Position Size Calculator | Helps determine trade volume based on risk |
Mobile Trading Application Features
Our mobile version of Eightcap metatrader 4 offers full trading capabilities on iOS and Android devices. Traders can open positions, modify orders, and analyze charts on the go. Push notifications alert users to market events and account activity instantly. Biometric authentication enhances login security while ensuring convenience.
Chart Analysis and Technical Indicators
Mobile charts support all standard timeframes and indicators like RSI, MACD, and moving averages. Drawing tools allow trend lines and support/resistance levels. Templates save preferred chart setups for quick access. Offline charts enable analysis without internet connectivity.
Order Placement and Account Management
Place new trades with one tap using the quick order interface. Modify stop loss and take profit directly on open positions. View balance, equity, and margin information at a glance. Deposit and withdrawal requests can be submitted via the app, including document uploads for verification.
| Mobile Feature | iOS Compatibility | Android Compatibility | Functionality |
|---|---|---|---|
| Trading | iOS 9.0+ | Android 5.0+ | Full MT4 features |
| Charts | iOS 9.0+ | Android 5.0+ | All timeframes and indicators |
| Notifications | iOS 9.0+ | Android 5.0+ | Push alerts |
| Biometric Login | iOS 11.0+ | Android 6.0+ | Touch/Face ID |
Withdrawal Process and Payment Methods
Withdrawals follow the same channels as deposits for regulatory compliance. UPI withdrawals typically clear within 2-4 hours during banking days. Bank transfers take 1-3 business days depending on the receiving bank. Large withdrawal requests require additional identity verification.
Processing Times and Verification Requirements
Standard requests process within 24 hours. Withdrawals exceeding ₹1,00,000 trigger enhanced verification checks. Account holder names must match exactly for withdrawal approval. Third-party withdrawal requests are not accepted to maintain security.
Customer Support and Assistance
Our support team is available 24/5 for Indian traders via live chat, email, and phone. We assist with technical issues, account queries, and platform navigation. Support is offered in English and Hindi. Toll-free phone lines are accessible nationwide.
How to Request a Withdrawal
Login to your dashboard and select “Withdraw.” Choose your preferred withdrawal method and enter the amount. Submit the request and upload any required documents if prompted. Track the status of your withdrawal within your account interface.
