Eightcap vs IC Markets
Two brokers compared on spreads, platforms, regulation, and execution.
Last updated: March 21, 2026
Quick Verdict
IC Markets wins this comparison — 2 out of 4 categories.
Our analysts reviewed both options across pricing, reputation, and trading conditions. IC Markets came out ahead based on our scoring criteria. Read each category below for the full breakdown.
Side-by-Side Comparison
Customer Support & Reputation
IC Markets winsIC Markets has a slight edge in customer support and overall reputation. It holds an EntryLab rating of 4.70/10. Eightcap scores 4.00/10 on our platform, which is respectable but trails behind.
Eightcap4.00
IC Markets4.70Leverage & Instruments
IC Markets offers greater trading power with maximum leverage of 1:500 offshore / 1:30 EU & AU. This gives active traders more flexibility to size positions. Eightcap caps leverage at 1:500 offshore / 1:30 EU & AU & UK, which may limit scalability for experienced traders looking for higher exposure.
Eightcap1:500 offshore / 1:30 EU & AU & UKIC Markets1:500 offshore / 1:30 EU & AUDeposit & Withdrawal
Eightcap winsIC Markets supports a wider range of deposit and withdrawal options. It accepts Bank Transfer, Visa/Mastercard, Skrill, Neteller, PayPal, Crypto, including cryptocurrency, giving traders more flexibility. Eightcap offers Bank Wire, Visa/Mastercard, PayPal, Skrill, Neteller, which may not suit all traders.
Eightcap$100IC Markets$200Platforms & Tools
Both brokers offer a similar platform suite, so neither has a clear advantage here. Traders using MT4 or MT5 will be equally well-served by either.
EightcapIC MarketsRegulation & Safety
Both Eightcap and IC Markets operate under comparable regulatory frameworks. Eightcap is regulated by ASIC, FCA, CySEC (MiFID), while IC Markets is regulated by ASIC AFSL 335692, CySEC 362/18, FSA Seychelles SD018. Traders should independently verify the regulatory details relevant to their jurisdiction.
EightcapIC MarketsTrading Costs
IC Markets winsEightcap offers more competitive trading costs overall. With EUR/USD spreads from 1.0 pips (Standard) / 0.0 + $3.50/side commission (Raw) and commissions of commission-free, it undercuts IC Markets, which charges spreads of 0.0 pips (Raw) / 0.6 pips (Standard) with commission-free commission. Cost-conscious traders will find Eightcap more attractive.
Eightcap1.0 pips (Standard) / 0.0 + $3.50/side commission (Raw)IC Markets0.0 pips (Raw) / 0.6 pips (Standard)Account Types & Min Deposit
Eightcap winsEightcap is the more accessible choice for traders getting started. With a minimum deposit of $100, it requires less capital to open an account than IC Markets, which requires $200. Lower barriers to entry make Eightcap the winner in this category.
Eightcap$100IC Markets$200Our Pick
IC Markets Wins This Round
Based on our side-by-side analysis, IC Markets edges ahead in this matchup. Get started today.
Visit IC MarketsReady to Choose?
Frequently Asked Questions
Is Eightcap better than IC Markets?
Based on our analysis across 7 key categories, IC Markets wins with a score of 3–2. However, the best broker for you depends on your specific trading style and priorities.
Which has lower spreads, Eightcap or IC Markets?
Eightcap offers lower trading costs. Eightcap spreads start from 1.0 pips (Standard) / 0.0 + $3.50/side commission (Raw) while IC Markets starts from 0.0 pips (Raw) / 0.6 pips (Standard).
Is Eightcap safer than IC Markets?
Both brokers operate under comparable regulatory oversight. Always verify the specific regulatory licences that apply in your country.
Can I use MT5 with both Eightcap and IC Markets?
Eightcap supports MT4, MT5, TradingView and IC Markets supports MT4, MT5, cTrader. Check each broker's platform page for the latest availability.
Which has a lower minimum deposit, Eightcap or IC Markets?
Eightcap has the lower minimum deposit requirement. Eightcap requires $100 while IC Markets requires $200.
Is Eightcap regulated?
Yes, Eightcap is regulated by ASIC, FCA, CySEC (MiFID). Regulation provides traders with a level of protection including segregated funds and dispute resolution mechanisms.
Which broker is better for beginners, Eightcap or IC Markets?
For beginners, IC Markets is generally the stronger choice due to its lower minimum deposit and broader educational resources. However, both brokers offer standard tools suitable for newer traders.