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Side-by-Side Comparison Independent Updated Oct 2, 2026

IC Markets vs Eightcap 2026: Which Broker is Better?

Choosing between IC Markets and Eightcap depends on your trading style, preferred markets, and budget. IC Markets is headquartered in Sydney, Australia, while Eightcap operates from Melbourne, Australia. IC Markets has the longer track record, established in 2007, compared to Eightcap which was founded in 2009. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

IC Markets

Eightcap

Higher ratedIC Markets logo

IC Markets

3.9/ 5
Visit IC Markets →Full review
VS
IC MarketsEightcap
BrokerRank Score3.9/5 ✓3.6/5
Min. Deposit$200$100 ✓
Spread from0 pips0 pips
Max Leverage1:5001:500
RegulationASIC, CySECASIC, FCA, CySEC ✓
PlatformsMT4, MT5, TradingViewMT4, MT5
Quick VerdictBrokerRank recommends
Best for Beginners
EightcapIC Markets
Best for Low Fees
IC MarketsEightcap
Best for Regulation
EightcapIC Markets
Best Overall
IC MarketsEightcap
Quick Answer

IC Markets is the better choice overall, scoring 3.9/5 vs 3.6/5 on BrokerRank's independent rating. On fees, IC Markets offers lower spreads (0 pips).

See full side-by-side comparison below

IC Markets vs Eightcap: Key Differences

Feature

IC Markets

Eightcap

Winner
Our Rating
3.9 / 5
3.6 / 5
Min. Deposit
$200
$100
Max Leverage
Spread From
0 pips
0 pips
Commission
$3.5/lot
$3.5/lot
Platforms
MT4, MT5, TradingView, Proprietary Mobile
MT4, MT5
Markets
Forex, Cfd, Crypto, Stocks, Indices, Commodities
Forex, Cfd, Crypto, Indices, Commodities
Founded
2007
2009
Headquarters
Sydney, Australia
Melbourne, Australia
Score
1 / 3
2 / 3

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Fees Comparison

Fee

IC Markets

Eightcap

Spread From
0 pips
0 pips
Commission
$3.5/lot
$3.5/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

IC Markets holds licences from ASIC, CySEC. Eightcap is regulated by ASIC, FCA, CySEC.

Markets & Assets

Both brokers offer access to Forex, Cfd, Crypto, Indices markets. IC Markets additionally covers Stocks. Eightcap adds Commodities.

Trading Platforms

IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. Eightcap offers MT4, MT5. Both brokers are available on MT4, MT5.

Minimum Deposit

IC Markets requires a minimum deposit of $200, while Eightcap sets a minimum deposit of $100. Both are suitable for traders with moderate starting capital.

Overall Ratings

BrokerRank scores IC Markets at 3.87/5 and Eightcap at 3.62/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. IC Markets leads overall with a clear advantage.

BrokerRank Verdict

IC Markets is our recommended pick in this comparison, scoring 3.87/5 versus Eightcap's 3.62/5. Eightcap offers comparable regulatory coverage. Traders with smaller budgets may find Eightcap's lower minimum deposit of $100 more accessible. Eightcap is still a solid option for traders who prioritise regulatory breadth across multiple jurisdictions, but IC Markets offers a stronger overall package for the majority of traders.

Who Should Choose Which?

IC Markets

IC Markets

3.9/5

Top pick

Choose IC Markets if you want…

  • Higher overall rating (3.9/5)
  • More market types (6)
  • More established (est. 2007)
  • More platforms (4 supported)
Eightcap

Eightcap

3.6/5

Choose Eightcap if you want…

  • Lower minimum deposit ($100)
  • More regulatory licences (3)

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80% of retail CFD accounts lose money.

Both IC Markets & Eightcap are available in

Frequently Asked Questions

1

Is IC Markets better than Eightcap?

IC Markets scores higher overall on our independent rating system. IC Markets holds a 3.9/5 rating vs Eightcap's 3.6/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, IC Markets or Eightcap?

IC Markets offers spreads from 0 pips, while Eightcap starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for IC Markets vs Eightcap?

IC Markets requires a minimum deposit of $200. Eightcap requires $100.

4

Which broker is safer, IC Markets or Eightcap?

IC Markets is regulated by ASIC, CySEC, while Eightcap holds licences from ASIC, FCA, CySEC.

5

What trading platforms do IC Markets and Eightcap support?

IC Markets supports MT4, MT5, TradingView, Proprietary Mobile. Eightcap supports MT4, MT5.

6

Can I use both IC Markets and Eightcap?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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