{"id":1337,"date":"2022-07-04T10:15:59","date_gmt":"2022-07-04T10:15:59","guid":{"rendered":"https:\/\/corp.eightcap.website\/?page_id=1337"},"modified":"2023-11-02T15:34:31","modified_gmt":"2023-11-02T15:34:31","slug":"frequently-asked-questions","status":"publish","type":"page","link":"https:\/\/www.eightcap.com\/uk\/insights\/frequently-asked-questions\/","title":{"rendered":"Frequently Asked Questions"},"content":{"rendered":"\n
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Frequently AskedQuestions<\/span><\/h1>\n

Find out more about trading, deposit and withdrawals, login problems, platforms issues and more.<\/p>\n

\n Create account<\/a>\n <\/div>\n <\/div>\n \n \n <\/div>\n <\/div>\n<\/section>\n\n\n\n
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General Information<\/h2>\t\t\t\t\n\t\t\t\t\t\t\t
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\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tWhat are Eightcap\u2019s costs\/fees?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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We do not charge any fees on our FX or CFD products. However, fees may apply to open positions held overnight. For further details please refer to our\u00a0Trading Costs page<\/a>.<\/strong><\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tDoes Eightcap allow \u2018scalping\u2019 and \u2018hedging\u2019?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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Yes, we allow full scalping and hedging.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tWhere do your prices come from?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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Our pricing is derived from several top-tier liquidity providers who stream prices to our platform.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tWhat platform does Eightcap provide?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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We offer access to trade directly from TradingView charts<\/span>. Create an account with us. Find Eightcap in the Trading Panel on the TradingView site and follow the instructions to connect your new account.<\/span><\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tDo you have demo accounts?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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No, currently we do not provide Demo accounts via our TradingView integration.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n<\/section>\n\n

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Trading Accounts<\/h2>\t\t\t\t\n\t\t\t\t\t\t\t
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We don\u2019t want to see you go. However, if you wish to close your live account with us, simply call or submit your request to us \u2013 please refer to our ‘Talk with us’<\/a> page for details.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tHow do I change my account details?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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If you wish to make changes or update the details on your trading account, you may request this by emailing us – please refer to our ‘Talk with us’<\/a> page for details.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tCan I change the currency of my live account?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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If you\u00a0have not yet funded your live account<\/em>, you can apply to have the currency of your account changed. To do so please contact our Client Services team directly – please refer to our ‘Talk with us’<\/a> page for details.<\/p>\n

If you have funded your account but\u00a0have not yet traded<\/em>, you may change your account currency with some potential costs and a time delay. Please note however that you may be subjected to bank transfer fees and the market foreign exchange rates as we put in the request to transfer from one currency account to another bank where the other currency accounts are held. Please contact us if you wish to put in this request.<\/p>\n

If you\u00a0have already started trading<\/em>\u00a0on your account, unfortunately, you will not be able to change the currency in your account. If you still wish to trade in another currency, the best option we recommend is to open an additional live trading account.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tHow many live trading accounts can I have?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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You can open a maximum of five (5) trading accounts.<\/p>\n

Under special considerations and approval by management, clients may be able to request beyond the five account limit.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tWhat is the minimum deposit required to open an account?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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The minimum account deposit is \u00a3100 (or account currency equivalent) when you fund for the first time.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tWhat type of accounts does Eightcap offer?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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We offer an Eightcap TradingView account.\u00a0Find out more about this on Account page<\/a>.<\/strong><\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tHow long does it take to set up an account?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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Our live account application may take approximately 5-10 minutes to complete.<\/p>\n

Provided you pass electronic identity verification, your live account can be set up within 24 hours (during normal business operating hours) of you submitting your application.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n<\/section>\n\n

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Funding & Withdrawals<\/h2>\t\t\t\t\n\t\t\t\t\t\t\t
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\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tDo you pay interest on funds?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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No. We do not pay any interest on your funds.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tWhat if my bank account is denominated in a different currency than my trading account?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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In this case, your deposits will be converted to the base currency of your account by real-time foreign exchange rate determined by your financial institution.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tCan I deposit in to my account in other currencies?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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All your deposits should be made in the same currency as the base currency<\/strong> of your trading account.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tDo I need to deposit funds straight away after my account is opened?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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No, you do not need to deposit right away. However, you will only be able to trade on the financial markets if you have funds in your accounts.<\/p>\n

Find out more about our\u00a0funding methods here.<\/a><\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tHow long does it take for funds to appear in my account?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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Most of our payment options are instant. If you have funded via credit card, funds will usually be available in your account within seconds of completing the transaction.<\/p>\n

However, if you have funded via bank transfer, funds will need to clear before they appear in your trading account. This can take 1-3 working days, depending on your location.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n<\/section>\n\n

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Login Problems<\/h2>\t\t\t\t\n\t\t\t\t\t\t\t
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\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tHow do I change the password to my trading account?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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You can do this yourself by logging into the Client Portal. Go to the Login page<\/a><\/strong>.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n<\/section>\n\n

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TradingView Platform<\/h2>\t\t\t\t\n\t\t\t\t\t\t\t
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\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tDownload TradingView for Windows, Mac, or Linux\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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Experience Enhanced Performance and Convenience with TradingView’s Downloadable Platform<\/p>\n

Enhanced Performance:<\/strong> By downloading TradingView, you can experience improved performance and faster loading times compared to using the web-based version.<\/p>\n

Offline Access:<\/strong> With the downloaded version of TradingView, you can access charts, indicators, and other features even when you are offline, ensuring uninterrupted analysis and trading.<\/p>\n

Dedicated Application:<\/strong> The desktop application provides a dedicated platform for TradingView, allowing for a more focused and tailored experience without the need for a web browser.<\/p>\n

Convenience and Accessibility:<\/strong> Downloading TradingView offers the convenience of having the platform readily available on your desktop, making it easily accessible whenever you need to analyze the markets or execute trades.<\/p>\n\t\t\t\t\t\t\t\t\tDownload<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tHow do I get started with trading on TradingView?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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In order to get started on TradingView, you will need the following:<\/p>\n

\u2013 An Eightcap TradingView account (Created via Eightcap)
\n\u2013 A TradingView account (Created via TradingView)<\/p>\n

Once you have successfully created both these accounts,\u00a0 you will then need to link them by following these instructions:<\/p>\n

Go to\u00a0Tradingview.com<\/a>To log into TradingView platform, please follow the steps below:<\/p>\n

\u290d\u00a0 Login to the TradingView website and go to Product \u290d\u00a0 Supercharts
\n\u290d\u00a0 Go to Trading Panel
\n\u290d\u00a0 Select the \u2018See all brokers\u2019 from the bottom of the screen
\n\u290d\u00a0 Find Eightcap as your broker, put your mouse over it and click \u2018Connect\u2019
\n\u290d\u00a0 In the pop-up window, enter your Eightcap username and password from your email, click \u2018Connect\u2019 and wait for your accounts to be linked.<\/p>\n

You can now chart and trade!<\/p>\n

To place a trade, please ensure you have funded your account via the\u00a0Eightcap Client Portal<\/a>.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

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\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tHow do I open an Eightcap TradingView account?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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  1. Create an account with Eightcap and choose TradingView as a Platform during the application process.<\/li>\n
  2. Open a chart on TradingView and click on the \u2018Trading Panel\u2019 tab.<\/li>\n
  3. Choose Eightcap from the list and follow the instructions to connect your new Eightcap account details.<\/li>\n<\/ol>\n<\/div>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t
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    \n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tHow do I create an account with TradingView?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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    Go to\u00a0tradingview.com<\/a>\u00a0and click the member icon in the top right-hand corner and then hit the \u201cGet Started\u201d button, choosing your preferred method of verification. Don\u2019t forget to get acquainted with TradingView\u2019s\u00a0community<\/a>,\u00a0news<\/a>\u00a0and\u00a0market screeners<\/a>.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

    \n\t\t\t\t\t\t\t
    \n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tHow do I connect my Eightcap TradingView account with TradingView?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
    \n\t\t\t\t\t\t\t\t
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    \n
      \n
    1. Go to Tradingview.com<\/a><\/li>\n
    2. Login using your TradingView account credentials<\/li>\n
    3. Then select \u201cCharts\u201d, located under \u201cProducts\u201d on the top menu.<\/li>\n
    4. Once the charts load up, on the tabs at the bottom, select \u201cTrading Panel\u201d.<\/li>\n
    5. From the selection, locate \u201cEightcap\u201d and click on the icon.<\/li>\n
    6. You will then need to log in using your Eightcap TradingView credentials from your Eightcap welcome email.<\/li>\n
    7. In the window that pops open, copy the Eightcap TradingView credentials from the Eightcap welcome email and paste them into the corresponding fields. (Note: Ensure you do not copy blank space)<\/li>\n
    8. Then click \u201cConnect\u201d.<\/li>\n
    9. If successful, you should now be logged in to the TradingView platform with your Eightcap credentials.<\/li>\n
    10. To place a trade, please ensure you have funded your account via the Eightcap Client Portal<\/a>.<\/li>\n<\/ol>\n<\/div>\n\t\t\t\t\t\t\t\t\tLearn more<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tWhat browsers does TradingView support?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t\t

      TradingView is compatible with all modern browsers and also has both a Desktop and Mobile app that you can download from\u00a0here<\/a>.<\/p>\n\t\t\t\t\t\t\t\t\tDownload<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

      \n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tCan I use Eightcap TradingView with a demo account?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t
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      Our direct API integration to TradingView is currently optimized for efficient live trading and as such our demo servers are not included.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

      \n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tHow to make deposits and withdrawals on TradingView?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t\t

      After connecting to TradingView, all your account transactions \u2013 including deposits and withdrawals \u2013 will still be operated by Eightcap. We offer a number of payment methods to\u00a0fund your trading account<\/a>\u00a0including instant funding through credit\/debit cards, Skrill, Neteller, Poli, as well as international\/local bank transfers. Be sure to find a method that suits your needs.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

      \n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tI cannot see my full account history in TradingView, where can I view more detailed information of my trading?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t
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      Eightcap offers a full trading account history inside our client portal for all your trading accounts. Just login via our Eightcap Client Portal<\/a>\u00a0and go to the Reports tab to view your account history.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

      \n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tWhere can I find tutorials and guides for TradingView?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t
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      There are several ways to do that \u2014 you can always check TradingView\u2019s\u00a0Help Center<\/a>\u00a0for useful information. TradingView also provides a wide array of content on their YouTube channel to help you out \u2014\u00a0check it out here<\/a>.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

      \n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tDownload TradingView for Windows\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t\t
      Download TradingView for Windows version 10 or higher.<\/div>\n\t\t\t\t\t\t\t\t\tDownload<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tDownload TradingView for MacOS\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t\t
      Download TradingView for MacOS.<\/div>\n\t\t\t\t\t\t\t\t\tDownload<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tDownload TradingView for Linux\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t\t

      Download TradingView for Linux.<\/p>\n\t\t\t\t\t\t\t\t\tDownload<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n<\/section>\n\n

      \n\t
      \n\t\t

      Trading<\/h2>\t\t\t\t\n\t\t\t\t\t\t\t
      \n\t\t\t\t
      \n\t\t\t\t\t\t\t\t\t\t\t
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      \n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tWhat is a \u2018market gapping\u2019? When does it occur?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t
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      ‘Market gapping\u2019<\/em>\u00a0refers to the price movement of an asset, i.e. currencies, stock indices, commodities, etc. during a period where no trading has occurred.<\/p>\n

      Gapping in the market is seen as the difference in the price of an asset between its closing price at the end of one trading period and its opening price at the next trading period; they typically occur overnight or over the weekend. On occasion, gaps can also occur over shorter time frames.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

      \n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tWhat time does rollover occur?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t
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      Overnight financing costs are applied during the New York close which equates to 00:00 platform time.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

      \n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tWhy are swap rates tripled on a Wednesday?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t
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      If you hold a position overnight on a Wednesday, the normal financing charges that are credited\/debited on a daily basis are three times the normal amount. Charging\u00a0triple swap<\/em>\u00a0on Wednesday roll-over period accounts for the settlement of trades over the weekend, as swap rates are not charged during this period due to the market being closed.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

      \n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tHow do you calculate a swap rate?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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      Our swap rates are calculated automatically in the trading platform. However, for your information, swap rates may be calculated using the following formula:<\/p>\n

      Current long\/short rate * number of lots = swap debit\/credit in second currency<\/em><\/strong><\/p>\n

      If you have any further questions regarding our swap rates, please contact us directly.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

      \n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tHow long can I hold a CFD contract?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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      We currently offer cash CFDs which do not have an expiry date. As CFDs are traded on\u00a0margin<\/em>, you will only pay or receive an overnight financing rate linked to the relevant benchmark rate for the particular currency in which your position is denominated. This means you can keep them running for as long as you choose.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

      \n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tWhat does it mean to have a \u2018long\u2019 or \u2018short\u2019 position?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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      If you are buying a currency or an instrument, you are considered in a\u00a0\u2018long\u2019<\/em>\u00a0position. If you are selling on the other hand, then you are in a\u00a0\u2018short\u2019<\/em>\u00a0position.<\/p>\n

      For example, if you buy 1 lot of AUD\/USD, this means you open a long position for 100,000 of AUD against USD. If you sell 1 lot of USD\/GBP this means you open a short position for 100,000 of USD against GBP.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

      \n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tWhat is the stop out level?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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      Your positions will be closed if your account equity falls below regulatory margin requirement rules, which is set at 50% of the margin required to cover your open positions. This is known as the stop out level.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

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      \n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tWill I receive a margin call if my positions go against me?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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      Please note that it is your responsibility to monitor your positions at all times. We do not offer guaranteed stop-loss.<\/p>\n

      Once your account equity falls to or below 50%, we will liquidate your positions starting with those that are losing the most against the market.<\/p>\n

      Again, you cannot rely on us to close out your positions for you. We strongly encourage that you have exit strategies and stop-loss orders set in place to help protect you against potential market movements. Stop-losses are not guaranteed and may be subject to slippage during volatile market conditions.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

      \n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tWhat happens if I have no free margin left in my account?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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      If you have no free margin, you will not be able to open any new positions and\/or your positions will be stopped out. Your account balance can reach zero should the loss on the positions stopped out meet, or exceed, your account balance.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

      \n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tWhat does \u2018margin\u2019 mean and how is this calculated?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t
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      Margin<\/em>\u00a0is the amount of money required to open or maintain a position. This is not a fee or a transaction cost, it is simply a portion of your account equity set aside and allocated as a margin deposit.<\/p>\n

      Margin requirements can vary depending on the market you are trading, where you hold your account and the size of your trade. If you do not have sufficient free equity available you will be unable to open a position on the trading platform. The free margin amount shown in the trading platform is the amount you have available to use should you wish to open additional positions.<\/p>\n

      Margin is normally expressed as a percentage of a position size (e.g. 2% or 5%). Margin can be calculated using the following formula:<\/p>\n

      Margin Requirement = (current market price x volume) \/ account leverage<\/em><\/strong><\/p>\n

      For example:
      \nEUR\/USD is quoted at the current market price of 1.35645, your account has a leverage of 1:30 and you would like to trade one standard lot. Your margin calculation would be:\u00a0(1.35645 x 100,000) \/ 30 = $4521.5<\/p>\n

      In this example the margin on this position would be $4521.5, therefore in order to open a position of this size you would require at least $4521.5 in free equity in your trading account.<\/p>\n\t\t\t\t\t\t\t\t\t<\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t\t\t

      \n\t\t\t\t\t\t\t
      \n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t\t\tWhat is the minimum lot size that I can trade with Eightcap?\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t
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      You can trade as low as 0.01 lot (or 1,000 units of base currency) on all our currency pairs.<\/p>\n

      Please note:
      \n\u2013\u00a0\u00a00.01 lot = 1,000 units of base currency
      \n\u2013\u00a0\u00a00.1 lot = 10,000 units of base currency
      \n\u2013\u00a0\u00a01 lot = 100,000 units of base currency<\/p>\n\t\t\t\t\t\t\t\t\t      <\/a>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n<\/section>","protected":false},"excerpt":{"rendered":"","protected":false},"author":1,"featured_media":0,"parent":1421,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":[],"yoast_head":"\nFrequently Asked Questions - Eightcap UK<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.eightcap.com\/uk\/insights\/frequently-asked-questions\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Frequently Asked Questions\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.eightcap.com\/uk\/insights\/frequently-asked-questions\/\" \/>\n<meta property=\"og:site_name\" content=\"Eightcap UK\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-02T15:34:31+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.eightcap.com\/uk\/insights\/frequently-asked-questions\/\",\"url\":\"https:\/\/www.eightcap.com\/uk\/insights\/frequently-asked-questions\/\",\"name\":\"Frequently Asked Questions - 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