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

FieldEightcapIC Markets
BrokaBoy score8.6/108.1/10
Trustpilot ratingTrustpilot 4.1 (3,898 reviews)Trustpilot 4.8 (56,055 reviews)
Listed minimum deposit$100$200
Advertised spread from0.0 pips0.0 pips
Advertised maximum leverage1:500Up to 1:5000 (entity dependent)
RegulatorsCySEC, SCB, FCA, ASICASIC, CySEC, FSA, SCB
PlatformsMetaTrader 4, MetaTrader 5, TradingViewMetaTrader 4, MetaTrader 5, cTrader
InstrumentsForex, Indices, Commodities, Stocks, CryptoForex, CFDs, Stocks, Crypto, Indices
Account typesStandard, RawStandard, Raw Spread, cTrader
Founded20092007
Spread typeVariableRaw variable spreads from 0.0 pips on the Raw Spread account; Standard account folds the cost into a wider spread.
CommissionVaries by account type$3.50 per lot per side on Raw Spread and cTrader accounts; no commission on Standard.
Overnight / swapOvernight swap charges apply on positions held past rollover.Swaps applied daily at 5pm New York; triple charge on Wednesdays. Swap-free options on request.
WithdrawalsMost 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.

See all broker comparisons