Eightcap provides accessible trading opportunities for clients in India through competitive minimum deposit requirements. Our aim is to accommodate traders with various capital levels while maintaining high-quality service and trading conditions.
Importance of Minimum Deposit
The minimum deposit serves as an entry point for traders to access live market conditions. It allows traders to:
- Start trading with a manageable amount
- Test trading strategies in live market conditions
- Gain practical experience without significant financial commitment
- Gradually increase trading capital as confidence grows
Eightcap’s minimum deposit is set to balance accessibility with responsible trading practices.
Minimum Deposit Requirements by Account Type
Eightcap offers several account types to cater to different trading needs and experience levels. Each account type has its own minimum deposit requirement.
Account Types and Minimum Deposits
- Standard Account: 8,300 INR (equivalent to $100 USD)
- Raw Account: 8,300 INR (equivalent to $100 USD)
- Pro Account: 830,000 INR (equivalent to $10,000 USD)
These amounts are subject to change based on market conditions and regulatory requirements.
Standard Account Minimum Deposit
intermediate traders in India.
Features of Standard Account
- Minimum deposit: 8,300 INR
- Spread-based pricing with no commissions
- Access to over 300 trading instruments
- Maximum leverage of 1:30 (as per regulatory requirements)
- Ideal for traders new to forex and CFD markets
The low minimum deposit makes it accessible for traders starting their journey in the financial markets.
Raw Account Minimum Deposit
The Raw Account caters to more experienced traders who prefer tighter spreads and a commission-based fee
Features of Raw Account
- Minimum deposit: 8,300 INR
- Raw spreads starting from 0.0 pips
- Commission of 290 INR per side per standard lot
- Suitable for high-frequency traders and scalpers
- Access to the same range of instruments as the Standard Account
The Raw Account offers competitive trading conditions with the same accessible minimum deposit as the Standard Account.
Pro Account Minimum Deposit
The Pro Account is designed for professional traders and high-net-worth individuals seeking customized trading conditions.
Features of Pro Account
- Minimum deposit: 830,000 INR
- Tailored spreads and commission structures
- Higher leverage options (subject to eligibility)
- Dedicated account manager
- Advanced trading tools and resources
The higher minimum deposit reflects the premium nature of this account type and its enhanced features.
Funding Methods for Minimum Deposit
Deposit Method | Options |
Bank wire transfer | Available |
Credit/Debit cards | Visa, Mastercard |
E-wallets | Skrill, Neteller |
Local bank transfers | Available |
Cryptocurrency | Bitcoin, Ethereum |
Step-by-Step Deposit Process
Making a deposit to meet the minimum requirement is a straightforward process.
How to Make a Deposit
- Log in to your Eightcap client portal
- Navigate to the ‘Deposit’ section
- Choose your preferred deposit method
- Enter the deposit amount (minimum 8,300 INR for Standard/Raw accounts)
- Follow the prompts to complete the transaction
- Wait for the funds to be credited to your trading account
- Verify the deposit in your account statement
Deposits are typically processed quickly, allowing you to start trading soon after funding.
Currency Considerations for Minimum Deposit
While the minimum deposit is listed in INR, Eightcap supports multiple base currencies for trading accounts.
Supported Account Currencies
- Indian Rupee (INR)
- US Dollar (USD)
- Euro (EUR)
- British Pound (GBP)
- Australian Dollar (AUD)
Traders can choose their preferred base currency during account setup.
Minimum Deposit and Leverage
The minimum deposit amount influences the effective leverage available to traders.
Leverage and Minimum Deposit Relationship
- Maximum leverage: 1:30 for retail clients
- Effective leverage depends on position size
- Higher deposits allow for larger position sizes
- Risk management is crucial regardless of deposit amount
Traders should understand the relationship between their deposit, leverage, and risk exposure.
Promotional Offers and Minimum Deposit
Eightcap occasionally runs promotional offers that may affect minimum deposit requirements.
Promotional Considerations
- Time-limited deposit offers may be available
- Special account terms for qualifying deposits
- Promotional offers are subject to terms and conditions
- Standard minimum deposit applies outside of promotional periods
Check the Eightcap website or contact customer support for current promotional offers.
Increasing Deposits Beyond the Minimum
While the minimum deposit allows you to start trading, increasing your deposit can provide additional benefits.
Advantages of Higher Deposits
- Increased trading capital for larger positions
- Potential for higher returns (with increased risk)
- Ability to diversify across more instruments
- Access to premium account features (for significantly higher deposits)
- Enhanced risk management capabilities
Traders should only increase deposits in line with their financial situation and risk tolerance.
Minimum Deposit and Account Features
The minimum deposit grants access to a range of account features and trading tools.
Features Available with Minimum Deposit
- Full access to chosen trading platform (MT4 or MT5)
- Real-time market data and quotes
- Educational resources and market analysis
- Customer support services
- Risk management tools
All essential trading features are available regardless of deposit amount.
FAQ
Can I start trading with less than the minimum deposit?
No, the minimum deposit of 8,300 INR for Standard and Raw accounts is required to open and activate a live trading account. This ensures you have sufficient capital to enter the markets responsibly.
Are there any fees for making the minimum deposit?
Eightcap does not charge any fees for deposits. However, your payment provider or bank may apply their own fees. We recommend checking with your financial institution regarding any potential charges.
Can I upgrade my account type after making the minimum deposit?
Yes, you can request an account upgrade at any time. If you wish to upgrade to a Pro Account, you will need to meet the higher minimum deposit requirement of 830,000 INR. Contact our customer support team for assistance with account upgrades.