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Eightcap vs Interactive Brokers

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

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.

CFTC-NFA
FCA
ASIC
MAS

Nasdaq-listed institutional-grade broker with the broadest market access of any retail-accessible broker — 150+ markets across 33 countries. Trader Workstation is the industry yardstick for power users.

Quick verdict

  • Trust: Interactive Brokers has the higher trust score.
  • EUR/USD spread: Eightcap is tighter on EUR/USD.

Side-by-side comparison

FeatureEightcapInteractive Brokers
Trust score8.48.9
RegulatorsASIC, CySEC, SCB, FSA-SeychellesCFTC-NFA, FCA, ASIC, MAS, IIROC, FMA-NZ, CySEC
HeadquartersUnited States
Founded1978
Min deposit$100$0.00
Max leverage1:5001:50
EUR/USD spread0.10 pips0.20 pips
Commission per lot$7$4
Raw spread account
Standard account
Swap-free account
cTrader
MT4
MT5
TradingView
Scalping allowed
EAs / algo allowed
Hedging allowed
Copy trading
Deposit methodsBank Wire, ACH
Withdrawal methodsBank Wire, ACH
Withdrawal speed48h
Base currenciesUSD, EUR, GBP, AUD, NZD, JPY, CAD, CHF, HKD, SGD

Eightcap is best for

Crypto CFD traders
TradingView users
AU residents

Interactive Brokers is best for

High-volume traders
Algo traders
Stock CFD traders