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Eightcap vs IC Markets 2026

A detailed head-to-head comparison of Eightcap and IC Markets across regulation, trading costs, platforms, and more.

Eightcap logo - BrokerAudit
Eightcap

Est. 2009 · Melbourne, Australia

ASICFCACySEC
78.8/100
Good
IC Markets logo - BrokerAudit
IC Markets

Est. 2007 · Sydney, Australia

ASICCySECCMA
84.2/100
Excellent

Score Breakdown

RegulationCostsPlatformsAccountsDepositSupportEducation
EightcapIC Markets

Category-by-Category Winner

Category
Eightcap
IC Markets
Regulation & Trust
85
82
Trading Costs
78
95
Platforms & Tools
82
92
Account Conditions
76
80
Deposit & Withdrawal
78
85
Customer Support
72
82
Education & Research
70
62
Overall Score
78.8
84.2

Detailed Comparison

Overview

Year Founded
2009
2007
Headquarters
Melbourne, Australia
Sydney, Australia
Publicly Listed
Top Regulators
ASIC, FCA, CySEC
ASIC, CySEC, CMA
Total Instruments
800
2,250

Trading Costs

EUR/USD Spread
0.11 pips
0.10 pips
GBP/USD Spread
0.54 pips
0.40 pips
USD/JPY Spread
0.30 pips
0.30 pips
Min. Deposit
$100
$200
Commission/Lot
$7.00
$6.00
Inactivity Fee
None
None

Platforms & Features

MetaTrader 4
MetaTrader 5
cTrader
TradingView
Copy Trading
API Trading
VPS Hosting
Demo Account
Islamic Account

Instruments

Forex Pairs
40
61
CFD Stocks
350
2,100
Indices
11
25
Commodities
5
24
Crypto CFDs
120
21

Eightcap vs IC Markets: Our Analysis

Overall Verdict

With an overall score of 84.2/100 vs 78.8/100, IC Markets edges out Eightcap by 5.4 points. This moderate gap suggests IC Markets has an edge in several key areas.

Trading Costs

On the EUR/USD pair, Eightcap offers an average spread of 0.11 pips with a $7.00 round-turn commission, while IC Markets comes in at 0.10 pips with a $6.00 commission. IC Markets offers tighter pricing on EUR/USD. Minimum deposit is $100 at Eightcap and $200 at IC Markets.

Regulation & Safety

Eightcap holds 4 regulatory licenses with a highest tier of Tier 1 (ASIC, FCA, CySEC), while IC Markets has 5 licenses at Tier 1 (ASIC, CySEC, CMA). IC Markets has more regulatory licenses overall.

Platform Comparison

Eightcap offers MT4, MT5, TradingView, TradeLocker — uniquely offering TradeLocker which IC Markets does not have. IC Markets supports MT4, MT5, cTrader, TradingView, with exclusive access to cTrader. Both brokers offer a comparable range of platforms.

Who Should Choose Which?

Eightcap suits beginners seeking education, traders who prioritize safety, while IC Markets is better for cost-conscious traders, traders who want advanced tools, traders wanting a wide instrument range. If copy trading matters, IC Markets has the edge. Both brokers offer demo accounts, so you can test each before committing real funds.

Frequently Asked Questions

Based on our testing, IC Markets scores higher overall at 84.2/100 compared to Eightcap's 78.8/100. However, "better" depends on your priorities — Eightcap may be superior in specific categories like regulation.

IC Markets offers tighter spreads with an average EUR/USD spread of 0.10 pips, compared to 0.11 pips at Eightcap. Check our detailed comparison table above for GBP/USD and USD/JPY spreads as well.

Eightcap scores higher for regulation and trust at 85/100, holding licenses from ASIC, FCA, CySEC. IC Markets scores 82/100 with ASIC, CySEC, CMA.

For beginners, Eightcap is the stronger choice with an education and research score of 70/100. It offers webinars, and a free demo account. IC Markets scores 62/100 for education.

Yes, there is no restriction on having accounts with both Eightcap and IC Markets simultaneously. Many experienced traders maintain accounts with multiple brokers to take advantage of each broker's strengths — for example, using one for its lower spreads on majors and another for its wider instrument range or better platform features.

NC

Reviewed by

Neil C

Neil C is a financial markets analyst and forex trading specialist with over 10 years of experience evaluating broker platforms, trading conditions, and regulatory frameworks. He has personally tested accounts with dozens of brokers and brings a data-driven methodology to every review.

Last updated: April 2026

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