Eightcap
ASIC/SCB
IC Markets
ASIC/CySEC
Eightcap vs IC Markets
Head-to-Head Comparison 2026
Our Verdict
IC Markets has a higher rating of 4.4/5 compared to Eightcap (4/5). IC Markets offers 7 instrument types, while Eightcap offers 5. The minimum deposit is lower at Eightcap with 100 $. IC Markets has been in the market since 2007, making it the more experienced provider.
Comparison Table
| Criteria | Eightcap | IC Markets |
|---|---|---|
| Rating | 4/5 (550 reviews) | 4.4/5 (2200 reviews)✓ |
| Regulation | ASIC/SCB | ASIC/CySEC |
| Fees | From 0.0 pips + $3.50 commission (Raw), spread-based (Standard) | From 0.0 pips + $3.50 commission (Raw Spread) |
| Min. Deposit | 100 $ | 200 $ |
| Instruments | Forex, Indices, Commodities, Stocks CFDs, Crypto CFDs | Forex, Indices, Commodities, Stocks CFDs, Bonds, Crypto CFDs, Futures CFDs |
| Platforms | MT4, MT5, TradingView | MT4, MT5, cTrader |
| Options Trading | No | No |
| Founded | 2009 | 2007 |
| Headquarters | Melbourne | Sydney |
Detailed Comparison
Fee Comparison
Eightcap: From 0.0 pips + $3.50 commission (Raw), spread-based (Standard). Minimum deposit: 100 $.
IC Markets: From 0.0 pips + $3.50 commission (Raw Spread). Minimum deposit: 200 $.
Product Range
Eightcap (5 categories)
IC Markets (7 categories)
Trading Platforms
Eightcap
- MT4
- MT5
- TradingView
IC Markets
- MT4
- MT5
- cTrader
Regulation & Security
Eightcap is regulated by ASIC/SCB (HQ: Melbourne).
IC Markets is regulated by ASIC/CySEC (HQ: Sydney).
Who Is It For?
Eightcap
Australian broker with MT4/MT5 and TradingView integration
✓ TradingView integration
✓ Tight spreads on Raw account
✓ ASIC-regulated
✗ Less well-known than major brands
✗ Limited research tools
IC Markets
ECN broker with ultra-low spreads and fast execution
✓ Ultra-low spreads from 0.0 pips
✓ Fast order execution (under 40ms)
✓ cTrader platform available
✗ No proprietary platform
✗ Educational content could be more comprehensive
Frequently Asked Questions
Is Eightcap or IC Markets cheaper?
Which broker offers more products: Eightcap or IC Markets?
Which broker is better regulated?
Is Eightcap or IC Markets better for beginners?
Eightcap vs IC Markets: Which broker is better overall?
Eightcap
Australian broker with MT4/MT5 and TradingView integration
Open Account →From 100 $ min. deposit