Trading CFDs carries a high risk of losing money rapidly. Confirm this broker's current loss-rate disclosure and regulated entity before opening an account. Read the full risk disclosure.
Eightcap vs IC Markets
A field-by-field comparison based on the current BrokaBoy catalogue. Check current pricing and the regulated entity on each broker's website before deciding.
Some figures on this page are taken from broker-published information and have not yet been checked against current terms. Confirm details on the broker's website.
Last updated: 4 October 2026 · Reviewed by BrokaBoy Research Team
| Field | Eightcap | IC Markets |
|---|---|---|
| BrokaBoy score | 8.6/10 | 8.1/10 |
| Trustpilot rating | Trustpilot 4.1 (3,898 reviews) | Trustpilot 4.8 (56,055 reviews) |
| Listed minimum deposit | $100 | $200 |
| Advertised spread from | 0.0 pips | 0.0 pips |
| Advertised maximum leverage | 1:500 | Up to 1:5000 (entity dependent) |
| Regulators | CySEC, SCB, FCA, ASIC | ASIC, CySEC, FSA, SCB |
| Platforms | MetaTrader 4, MetaTrader 5, TradingView | MetaTrader 4, MetaTrader 5, cTrader |
| Instruments | Forex, Indices, Commodities, Stocks, Crypto | Forex, CFDs, Stocks, Crypto, Indices |
| Account types | Standard, Raw | Standard, Raw Spread, cTrader |
| Founded | 2009 | 2007 |
| Spread type | Variable | Raw variable spreads from 0.0 pips on the Raw Spread account; Standard account folds the cost into a wider spread. |
| Commission | Varies by account type | $3.50 per lot per side on Raw Spread and cTrader accounts; no commission on Standard. |
| Overnight / swap | Overnight swap charges apply on positions held past rollover. | Swaps applied daily at 5pm New York; triple charge on Wednesdays. Swap-free options on request. |
| Withdrawals | Most withdrawal methods are free; third-party fees may apply. | No broker-side withdrawal fee on most methods; intermediary bank charges may apply to wires. |
Key differences
- Eightcap has a lower listed minimum deposit ($100 vs $200).
- Eightcap has the higher BrokaBoy score (8.6/10 vs 8.1/10).
- Both brokers hold licences with CySEC, SCB, ASIC.
- Only Eightcap lists TradingView among its platforms.
- Only IC Markets lists cTrader among its platforms.
- Only Eightcap lists Commodities among its instruments.
- Only IC Markets lists CFDs among its instruments.
Which should you choose?
- Choose Eightcap if a lower listed opening deposit is your priority.
- Choose Eightcap if access to Commodities is essential, and confirm it is available under your entity.
- Choose IC Markets if access to CFDs is essential, and confirm it is available under your entity.
- Choose the broker whose regulated entity covers your country and provides the protections you need; confirm this on the regulator's register.
Frequently asked questions
Which has the lower minimum deposit, Eightcap or IC Markets?+
Eightcap has the lower listed minimum deposit ($100 vs $200). Confirm current terms with each broker.
Are Eightcap and IC Markets regulated by the same authorities?+
They share CySEC, SCB, ASIC. Eightcap lists CySEC, SCB, FCA, ASIC; IC Markets lists ASIC, CySEC, FSA, SCB in our catalogue.
Which has the higher BrokaBoy score?+
Eightcap scores 8.6/10 against 8.1/10. The score is calculated from advertised catalogue data and excludes Trustpilot ratings.
Do Eightcap and IC Markets support the same platforms?+
Both list MetaTrader 4, MetaTrader 5.