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Eightcap vs IC Markets

Side-by-side comparison of regulation, trading costs, platforms, and account types for Eightcap and IC Markets.

EightcapTrust 8.4/10
ASIC
CySEC
SCB
FSA-Seychelles

AU-based broker (founded 2009). Strong crypto CFD coverage and TradingView integration. Raw spreads with $7/lot commission. Smaller than Pepperstone but rapidly growing.

IC MarketsTrust 9.3/10
ASIC
CySEC
FSA-Seychelles

One of the largest forex brokers globally. Famous for ultra-tight spreads, deep liquidity, and excellent execution. Top choice for high-volume and algorithmic traders.

Quick verdict

  • Trust: IC Markets has the higher trust score.
  • EUR/USD spread: Eightcap and IC Markets have identical EUR/USD spreads.

Side-by-side comparison

FeatureEightcapIC Markets
Trust score8.49.3
RegulatorsASIC, CySEC, SCB, FSA-SeychellesASIC, CySEC, FSA-Seychelles
Headquarters
Founded
Min deposit$100$200
Max leverage1:5001:500
EUR/USD spread0.10 pips0.10 pips
Commission per lot$7$7
Raw spread account
Standard account
Swap-free account
cTrader
MT4
MT5
TradingView
Scalping allowed
EAs / algo allowed
Hedging allowed
Copy trading
Deposit methods
Withdrawal methods
Withdrawal speed
Base currencies

Eightcap is best for

Crypto CFD traders
TradingView users
AU residents

IC Markets is best for

Algo traders
Scalpers
High-volume traders
cTrader users