EightCap Trading Instruments
We provide traders with access to 60+ financial trading instruments including all major and minor currency pairs, cryptocurrencies, global indices and commodities such as oil and precious metals.
Traders can access our trading instruments via demo and live trading accounts on either the MetaTrader 4 or MetaTrader 5 trading platforms.
Forex – Currency pairs
The Forex market is the biggest and most liquid market in the world. Tight spreads mean traders can trade profitable strategies on very short timeframes, while persistent trends mean traders can also hold positions for months and even years. Global trade and other economic factors influence forex prices, so it can help to have an interest in the global economy. However, Forex can also be traded using technical analysis alone, making it ideal for those learning to trade.
Commodities – Metals & Oil
The commodity markets are the oldest in the world but remain as active as ever. Each commodity market has unique fundamental influences and characteristics. For instance, metals and energy markets tend to follow very long business cycles, while agricultural commodities are seasonal and dependant on weather patterns.
Index CFDs allow traders to take long and short positions in a range of global equity indices, including the US30, S&P500 and the ASX200. These indices include the largest companies in each market, and can be less volatile than individual shares. They are also very liquid and relatively cheap to trade making them ideal for those learning to trade.
Cryptocurrencies are a brand-new asset class, which entered the mainstream in 2017. Like any new asset class, the crypto market can be inefficient and volatile, which can provide plenty of opportunities for traders. Beginners need to be cautious when trading cryptocurrencies like Bitcoin and Ethereum, as large price swings can occur unexpectedly. While they come with more risk, cryptocurrencies can also be very profitable to trade.
Benefits and Potential Risks
Benefits of Trading Financial Markets
Trading Financial Markets can allow traders to profit in a range of market conditions.
They can be traded on time frames ranging from seconds to months.
Traders can take long and short positions in most trading instruments, thereby profiting from rising and falling markets.
Trading strategies can be created for each instrument using trading tools like technical analysis, or by doing fundamental analysis.
Potential Risks when Trading Financial Markets
Forex & CFD trading is competitive and requires time and commitment to become proficient.
Different leverage can be utilised for specific markets but if used irresponsibly can lead to losses where a large portion of your investment can be lost.
Past performance of strategies is not an assurance of future performance.
Forex, Cryptocurrencies, Indices, Shares and Commodities are some of the most popular trading instruments for financial market traders. Each market is driver by a wide range of factors that need to be considered to ensure traders can make an informed decision. You should carefully consider your objectives, financial situation, needs and level of experience before entering the market.
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Risk Warning: Margin trading involves a high level of risk, and may not be suitable for all investors. You should carefully consider your objectives, financial situation, needs and level of experience before entering into any margined transactions with EightCap, and seek independent advice if necessary. Forex and CFDs are highly leveraged products which mean both gains and losses are magnified. You should only trade in these products if you fully understand the risks involved and can afford losses without adversely affecting your lifestyle (including the risk of losing substantially more than your initial investment). A Product Disclosure Statement (PDS) and a Financial Services Guide (FSG) for our products are available to download from our Legal Documentation page. You must assess and consider them carefully before making any decision about using our products or services.
EightCap is a registered business name of EightCap Pty Ltd (ABN 73 139 495 944). We are regulated by the Australian Securities & Investments Commission (ASIC) - our AFSL number is 391441. This licence authorises us to provide financial services to people in Australia.
The information on this website is of a general nature only and is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. EightCap is not a financial adviser, and does not issue advice, recommendations, or opinion in relation to acquiring, holding or disposing of a margined transaction. We provide general advice only and accordingly you should consider how appropriate the advice (if any) is to your objectives, financial situation and needs before acting on the advice.