Eightcap vs IC Markets: Comparison

Andriy BondarenkoAndriy Bondarenko
  • Year Founded: 2009
  • Broker Type: ECN
  • Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView
  • Spread: Low
  • Maximum Leverage: 1:500
  • Minimum Deposit: $100
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  • Year Founded: 2007
  • Broker Type: ECN, DMA
  • Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView
  • Spread: Low
  • Maximum Leverage: 1:500
  • Minimum Deposit: $200
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Our pick:

IC Markets

Based on multiple factors—spreads and fees, available assets and instruments, platforms and execution speed, quality of support and educational resources. This is not financial advice.

Comparison of Eightcap and IC Markets

FeatureEightcapIC Markets
Broker
Year Founded20092007
Broker TypeECNECN, DMA
DealingA-bookA-book
ExecutionMarketMarket
RegulationASIC, SCB, CySEC, FCA, SFSASFSA, ASIC, CySEC, CMA
PlatformsMetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingViewMetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView
Spread Low Low
Maximum Leverage1:5001:500
Minimum Deposit$100$200
Base CurrenciesAUD, USD, EUR, GBP, NZD, CAD, SGDUSD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, HKD
Funding MethodsCredit/Debit Card, Bank Transfer, PayPal, Skrill, Neteller, POLi, BPAY, FasaPay, Wise, PayRetailers, Cryptocurrencies (BTC, USDT)Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, Bpay, FasaPay, Klarna, POLi, Rapidpay
Inactivity Fee
Interest on Margin
Withdrawal Fee
Investor Protection-Investor Compensation Fund (ICF)
Protection Size-€20 000
Segregated Accounts
Negative Balance Protection
Guaranteed Stop Loss
Copy Trading
VPS
MAM/PAMM
Scalping Allowed
EAs/Robots
Depth of Market (DOM)
Tradable Assets (CFDs)Forex, Indices, Shares, Commodities, CryptocurrenciesCurrencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft Commodities
ReviewEightcap ReviewIC Markets Review

About Eightcap

Eightcap is an Australian-born fintech broker that has grown into a global CFD hub since 2009. It combines low-cost pricing with an unusually broad market range, letting clients trade forex, stocks, indices, commodities and hundreds of crypto pairs from a single account. Traders like its flexibility: familiar MT4/MT5 terminals sit alongside native TradingView charts, code-free automation through Capitalise.ai and built-in copy trading, so both discretionary and algorithmic strategies are supported out of the box. Add fast execution, segregated client funds and 24/5 multilingual support, and Eightcap stands out as a technology-driven broker that’s easy to start with yet powerful enough for advanced users.

Pros

  • Raw spreads from 0.0 pips
  • 800+ instruments incl. 250+ crypto CFDs
  • MT4/MT5, TradingView & Capitalise.ai
  • ASIC, SCB & CySEC regulation; segregated funds

Cons

  • No swap-free (Islamic) accounts
  • No EU/UK investor-compensation scheme

About IC Markets

IC Markets is a leading forex and CFD broker, well-known for its exceptional trading conditions and advanced technology. Established in 2007 and regulated by multiple top-tier authorities, including ASIC, CySEC, and the FSA Seychelles, IC Markets has earned a solid reputation among retail and institutional traders alike. The broker is particularly favored by scalpers, day traders, and algorithmic traders for its ultra-tight spreads, fast execution speeds, and no-dealing-desk (NDD) model. With access to powerful platforms like MetaTrader 4, MetaTrader 5, and cTrader, IC Markets offers a seamless trading experience across various asset classes, including forex, indices, commodities, and cryptocurrencies. Its focus on transparency, competitive pricing, and exceptional liquidity ensures that traders can execute strategies efficiently. However, while IC Markets excels in trading infrastructure, it offers limited educational resources, which may not fully cater to beginners.

Pros

  • Regulated by top-tier authorities (ASIC, CySEC)
  • Tight spreads starting from 0.0 pips on Raw Spread accounts
  • No dealing desk (NDD) model ensures transparent and fast execution
  • Excellent platforms: MetaTrader 4, MetaTrader 5, and cTrader
  • High liquidity and competitive pricing ideal for scalping and algorithmic trading
  • Wide range of tradable assets, including cryptocurrencies
  • Dedicated 24/7 customer support

Cons

  • Restricted availability in some regions due to regulatory constraints
  • Withdrawal fees may apply for certain methods

Eightcap & IC Markets Regulation

Companies
Eightcap
Eightcap Pty Ltd, Eightcap Global Ltd, Eightcap EU Ltd, Eightcap Group Ltd, Eightcap Limited, GC Group Ltd
IC Markets
Raw Trading Ltd, International Capital Markets Pty Ltd, IC Markets (EU) Ltd, IC Markets (KE) Limited
Countries
Eightcap
Australia, Bahamas, Cyprus, United Kingdom, Seychelles
IC Markets
Seychelles, Australia, Cyprus, Kenya
Regulators
Eightcap
ASIC, SCB, CySEC, FCA, SFSA
IC Markets
SFSA, ASIC, CySEC, CMA
Investor Protection
Eightcap
-
IC Markets
Investor Compensation Fund (ICF)
Investor Protection Size
Eightcap
-
IC Markets
€20 000
Publicly Traded
Eightcap
IC Markets
Segregated Accounts
Eightcap
IC Markets
Guaranteed Stop Loss
Eightcap
IC Markets
Negative Balance Protection
Eightcap
IC Markets

Account Types

ECN Account
Account Name
Eightcap
Standard
IC Markets
Standard
Min Deposit
Eightcap
$100
IC Markets
$200
Lot Size
Eightcap
0.01
IC Markets
0.01
Spread Type
Eightcap
Floating
IC Markets
Floating
Execution
Eightcap
Market
IC Markets
Market
Min Spread
Eightcap
1
IC Markets
0.6
Fee
Eightcap
No
IC Markets
No
Max Leverage
Eightcap
1:500
IC Markets
1:500
Stop Out
Eightcap
50%
IC Markets
50%
Margin Call
Eightcap
80%
IC Markets
100%
Zero Account
Account Name
Eightcap
Raw
IC Markets
Raw Spread
Min Deposit
Eightcap
$100
IC Markets
$200
Lot Size
Eightcap
0.01
IC Markets
0.01
Spread Type
Eightcap
Floating
IC Markets
Floating
Execution
Eightcap
Market
IC Markets
Market
Min Spread
Eightcap
0
IC Markets
0
Fee
Eightcap
$7 per 1 lot
IC Markets
$7 per 1 lot
Max Leverage
Eightcap
1:500
IC Markets
1:500
Stop Out
Eightcap
50%
IC Markets
50%
Margin Call
Eightcap
80%
IC Markets
100%
Additional Features
Demo Account
Eightcap
IC Markets
VIP Account
Eightcap
IC Markets
Swap-Free Account
Eightcap
IC Markets
Copy Trading
Eightcap
IC Markets
VPS
Eightcap
IC Markets
PAMM/MAM Accounts
Eightcap
IC Markets

Funding and Fees

Base currencies
Eightcap
AUD, USD, EUR, GBP, NZD, CAD, SGD
IC Markets
USD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, HKD
Deposit and withdrawal methods
Eightcap
Credit/Debit Card, Bank Transfer, PayPal, Skrill, Neteller, POLi, BPAY, FasaPay, Wise, PayRetailers, Cryptocurrencies (BTC, USDT)
IC Markets
Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, Bpay, FasaPay, Klarna, POLi, Rapidpay
Inactivity fee
Eightcap
IC Markets
Interest on margin
Eightcap
IC Markets
Withdrawal fee
Eightcap
IC Markets

Trading Platforms and Conditions

Trading Platforms
Eightcap
MetaTrader 4 (MT4), MetaTrader 5 (MT5), TradingView
IC Markets
MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView
Execution Speed
Eightcap
-
IC Markets
40 ms
Scalping
Eightcap
IC Markets
Expert Advisors (EAs)
Eightcap
IC Markets
Depth of Market (DOM)
Eightcap
IC Markets
Spread
Eightcap
low
IC Markets
low

Trading Assets

Currencies
Eightcap
55
IC Markets
61
Indices
Eightcap
15
IC Markets
25
Stocks
Eightcap
800
IC Markets
2175
Cryptocurrencies
Eightcap
250
IC Markets
21
Bonds
Eightcap
0
IC Markets
10
Metals
Eightcap
5
IC Markets
7
Energies
Eightcap
3
IC Markets
5
Soft Commodities
Eightcap
4
IC Markets
8
ETFs
Eightcap
0
IC Markets
38

Education and Analytics

Economic Calendar
Eightcap
IC Markets
Indicators
Eightcap
IC Markets
Robots
Eightcap
IC Markets
Signals
Eightcap
IC Markets
Autochartist
Eightcap
IC Markets
Expert Analytics
Eightcap
IC Markets
News Feed
Eightcap
IC Markets
Education Articles
Eightcap
IC Markets
Webinars
Eightcap
IC Markets
Seminars
Eightcap
IC Markets

Customer Support

Phone
Eightcap
IC Markets
Facebook
Eightcap
IC Markets
LinkedIn
Eightcap
IC Markets
YouTube
Eightcap
IC Markets
Instagram
Eightcap
IC Markets
Twitter
Eightcap
IC Markets

Which Broker is Better?

After comparing Eightcap and IC Markets, IC Markets comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.

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Andriy Bondarenko

Andriy Bondarenko

Broker Analyst

Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.