Understanding Eightcap Minimum Deposit Structure in India
Our company requires Indian traders to deposit a minimum of $100 USD or its equivalent in Indian Rupees, approximately ₹8,300. This minimum applies uniformly across our trading accounts, including both Standard and Raw types. The deposit acts as your initial trading capital and is designed to suit a range of trader profiles while ensuring regulatory adherence. We support various payment options such as credit cards, debit cards, bank transfers, and digital wallets. Deposit processing is generally instant, enabling immediate access to our trading platforms.
| Payment Method | Processing Time | Minimum Amount | Maximum Amount |
|---|---|---|---|
| Credit/Debit Cards | Instant | $100 / ₹8,300 | $10,000 / ₹8,30,000 |
| Bank Transfer | 1-3 business days | $100 / ₹8,300 | $50,000 / ₹41,50,000 |
| Digital Wallets | Instant | $100 / ₹8,300 | $5,000 / ₹4,15,000 |
Our system automatically converts INR deposits to your chosen base currency using competitive exchange rates. This allows seamless funding without manual currency conversion steps. We ensure transparency by showing the converted amount before you confirm the deposit.
Account Types and Deposit Requirements
Standard Account Specifications
The Standard account requires the same Eightcap minimum deposit of $100 for Indian traders. It features spreads starting from 1.0 pips on major forex pairs with no commissions, as all fees are integrated into spreads. This account type provides access to a wide variety of instruments including forex, commodities, indices, cryptocurrencies, and stock CFDs. We support automated trading tools such as Expert Advisors without extra charges. Execution speeds on this account are optimized for retail traders.
Raw Account Features
The Raw account also requires a $100 minimum deposit, but offers tighter spreads starting at 0.0 pips on major pairs during peak hours. This account charges a fixed commission of $3.50 per standard lot traded. It provides institutional-grade liquidity and direct market access, ideal for scalping and high-frequency strategies. Execution speed is enhanced through our partnerships with tier-one liquidity providers, ensuring market depth and price transparency.
Funding Your Eightcap Account from India
Depositing funds is simple through our secure client portal. Indian traders can use domestic payment methods without facing international transaction hurdles. We accept deposits in INR and USD, with automatic currency conversion applied. The process includes logging into your verified account, selecting the deposit menu, choosing a payment method, entering the amount (minimum $100), and confirming the transaction.
Credit and debit card deposits, including Visa and Mastercard issued by Indian banks, appear instantly in your trading account. Bank transfers can take between 1 to 3 business days depending on the bank. Our payment gateway employs 256-bit SSL encryption for secure data transmission. Customer support continuously monitors deposit transactions to assist with any delays or issues.
Step-by-Step Deposit Instructions
- Log in to your Eightcap account at our official website.
- Navigate to the “Deposit” section on the dashboard.
- Select your preferred payment method from the available options.
- Specify the deposit amount, ensuring it meets the Eightcap minimum deposit.
- Review and confirm payment details before submitting.
Once completed, funds reflect instantly or within the timeframe specified per payment method.
Payment Methods Available for Indian Traders
Credit and Debit Card Options
We accept major Indian bank-issued cards, including Visa, Mastercard, and RuPay. These deposits are processed instantly and funds become available for trading immediately. Our platform automatically detects card currency and applies up-to-date conversion rates. There are no fees from Eightcap, but your bank may impose international transaction charges.
Bank Transfer Solutions
Indian traders can deposit via SWIFT wire transfers with detailed banking information provided during the deposit process. NEFT and RTGS methods are supported but may require additional processing time. We assist with transfer documentation to ensure smooth transaction flow. Deposit limits for bank transfers are higher compared to card payments.
Currency Options and Conversion Rates
Our platform supports multiple base currencies for Indian accounts, including USD, EUR, GBP, and AUD. Indian traders commonly select USD for simplicity with forex trading. Conversion rates update in real-time during market hours, using institutional pricing with minimal spreads. Currency conversion happens automatically upon deposit, displaying both INR and base currency amounts before confirmation.
| Base Currency | Conversion Rate | Minimum Deposit | Recommended For |
|---|---|---|---|
| USD | Real-time market rates | $100 | Most trading pairs |
| EUR | ECB reference rates | €85 | European markets |
| GBP | Bank of England rates | £75 | UK instruments |
| AUD | RBA benchmark rates | A$140 | Commodity trading |
Traders can monitor currency fluctuations via our client portal, aiding in planning deposits and withdrawals efficiently.
Verification Requirements Before Depositing
Identity Documentation Process
Verification is mandatory prior to deposit approval. We require valid identity documents such as Aadhaar cards, passports, or driving licenses. Submitted documents must have legible text and clear photographs. Verification is typically completed within 24 hours. Expired or unclear documents delay account activation.
Address Verification Procedures
Proof of address is necessary to comply with regulatory standards. Acceptable documents include recent utility bills, bank statements, or government correspondences dated within the last three months. Both English and Hindi documents are accepted. Mobile phone bills and insurance papers are not valid for this purpose.
Trading Platform Access After Deposit
After your Eightcap minimum deposit clears, platform access is granted immediately. Indian traders can download MetaTrader 4 or MetaTrader 5 via our website. Both platforms support Windows, Mac, iOS, and Android devices. Our mobile apps provide full trading functionality including account management, charting, and real-time quotes.
Login credentials and server information are emailed post-deposit confirmation. We offer support for installation and setup. Features unlocked after funding include over 500 tradable instruments, live market data, advanced charting tools, automated trading capabilities, and risk management utilities.
| Feature | Description | Availability |
|---|---|---|
| MetaTrader 4 & 5 | Industry-standard platforms supporting EAs and custom indicators | Windows, Mac, iOS, Android |
| Real-time Quotes | Live pricing with minimal latency | All accounts |
| Automated Trading | Compatibility with Expert Advisors and scripts | Standard and Raw accounts |
| Charting Tools | Over 30 technical indicators and customizable charts | All platforms |
| Risk Management | Margin calculators and stop-loss features | Client portal and MT platforms |
Risk Management and Account Protection
Negative Balance Protection
Our negative balance protection ensures Indian traders cannot lose more than their deposited funds. The system closes open positions before account equity falls below zero during rapid market movements. This safeguard applies to all instruments and account types, maintaining financial safety.
Margin Requirements and Leverage
We offer leverage up to 1:500 on major forex pairs, adjustable through the client portal. Margin calculators assist in determining position sizes and required margin amounts. We notify clients with margin calls well before liquidation to allow risk mitigation.
| Instrument Type | Maximum Leverage | Margin Requirement | Risk Level |
|---|---|---|---|
| Major Forex Pairs | 1:500 | 0.2% | Moderate |
| Minor Forex Pairs | 1:200 | 0.5% | Moderate |
| Commodities | 1:100 | 1.0% | High |
| Stock CFDs | 1:20 | 5.0% | High |
| Cryptocurrencies | 1:10 | 10.0% | Very High |
Our system sends multiple warnings before triggering automatic position closures, helping traders maintain control over their risks.
Customer Support for Indian Deposit Queries
Our dedicated support team is available 24 hours a day, five days a week to assist Indian traders with deposit and funding inquiries. Support is accessible via live chat, email, and phone, with Hindi-speaking representatives available. We ensure response times align with Indian Standard Time for convenience.
Common assistance topics include payment methods, processing times, currency conversions, and troubleshooting deposits. Most issues are resolved within one business day. Our FAQ and knowledge base provide self-help resources including video tutorials and stepwise articles tailored for Indian users.
❓ FAQ
What is the Eightcap minimum deposit for Indian traders?
The minimum deposit required to open a trading account in India is $100 or equivalent in INR.
Which payment methods are available in India?
Credit/debit cards, bank transfers (NEFT, RTGS, SWIFT), and digital wallets are accepted for deposits.
How fast are deposits processed?
Card and digital wallet deposits are instant; bank transfers can take 1-3 business days.
Can I change my account base currency after deposit?
The base currency is selected upon account creation and cannot be changed later without opening a new account.
Is verification mandatory before depositing?
Yes, submitting valid ID and address proofs is required before making deposits.
