Eightcap Stock Trading: Full Guide

Can you trade stocks at Eightcap?

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Your capital is at risk.

Yes, you can trade US and Australian stocks, as well as London and Frankfurt Stock Exchanges (XETRA) on Eightcap. Trading stocks here is only available via CFD (Contract for Difference).

This contract involves speculation without actually owning the assets. Below is a list of some of the stock market instruments that are available on Eightcap:

• AAPL;

• AMZN;

• GOOGL;

• Meta;

• NFLX;

• SAP;

• WES;

• BMW;

• DTE

• XPEV;

• EBAY;

• MSFT;

• NVDA;

• TSLA.

Eightcap stock trading fees and spread

The size of spreads and Eightcap commissions directly depends on the type of account chosen. Currently, the broker's website describes two account options that require real money investments - Raw and Standard. In the Raw account, spreads start from 0 pips, and the commission is $3.5 per standard lot (each side). Choosing the Standard account, you can count on spreads from 1 pip and zero commissions.

How to start stock CFDs Trading

To start trading stocks on Eightcap, you need to take the following steps:

• Go to the official website of the intermediary and click on the “Create Account” button, which is located in the top right corner;



Eightcap official website

• Next, a registration form will open in front of you, which you need to fill out. Enter your first name, last name, country of residence, phone number, e-mail and password. After filling in all the fields, click “Register”. Remember that by continuing the process, you automatically agree to Eightcap's “Privacy Policy”;



Eightcap official website

• The next step is to confirm your e-mail address. Eightcap will send an e-mail to the e-mail address specified during registration with an active link, which you will need to follow to complete the process;



Eightcap user email confirmation

• Now you need to choose an account type and provide the broker with more detailed information about yourself, including date of birth, actual residence address, city, zip code, etc;



Creating an Eightcap account

• The next step is to choose a trading platform, type of account plan, account currency and leverage;



Creating an Eightcap account

• Agree to the terms of service by checking three boxes. Click “Confirm completely”;



Creating an Eightcap account

• To get access to the full function of the platform, you must necessarily undergo verification. The broker asks clients to provide images or scanned copies of documents confirming their identity and current place of residence. Carefully familiarize yourself with the document requirements;



Account verification on Eightcap

• If the verification process is successful and the broker's administration approves your application, you will get access to your user account, where you will be able to replenish your balance via the “Deposit/Withdrawal” section, as well as choose a trading platform and start full-fledged work.

Next, we will look at the process of trading stocks with Eightcap on the MT5 platform

• Open the “Market Watch” window and go to the “View” menu by selecting the “Symbols” menu. From the list of stocks, select the ones you want to trade and click “Show”;

• Use technical and fundamental analysis tools to analyze current market conditions and determine your trading strategy;

• After analyzing, decide whether you want to buy (open a long position) or sell (open a short position) CFDs on the stock. Enter your desired trade size, set stop loss and take profit levels to manage risk and protect profits, and then open a trade position by clicking on buy or sell;

• Once your trade is open, closely monitor how the market develops and be ready to adjust your position if necessary.

Conclusion