Eightcap vs IC Markets

Two brokers, one table. Everything below is taken from what each one publishes on its own site, last read on 2026-09-05. No scores, no ranking.

Eightcap

Standard and Raw accounts from $100 on TradingView, MetaTrader 4 and 5 and TradeLocker.

ForexCryptoSharesCommoditiesIndices
Read the Eightcap review
IC Markets

Raw Spread accounts on MetaTrader, cTrader and TradingView, from the Seychelles-regulated Raw Trading Ltd.

ForexCommoditiesIndicesBondsCryptoStocksFutures
Read the IC Markets review
DetailEightcapIC Markets
RegulationEightcap Global Limited, SCB Bahamas SIA-F220 · Eightcap International Ltd, FSA Seychelles SD100 · Eightcap International Trading, FSC Mauritius GB25204603Raw Trading Ltd, FSA Seychelles Securities Dealer licence SD018 (reg. 8419879-1). Affiliated ICMP Ltd, Limassol, Cyprus.
Minimum Deposit$100
Spread FromStandard from 1.0 pips · Raw from 0.0 pips
CommissionStandard: none (shares excepted) · Raw: $3.50 per standard lot per side in AUD, USD, NZD, SGD or CAD; GBP 2.25; EUR 2.75
PlatformsTradingView, MetaTrader 4, MetaTrader 5, TradeLockerMetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader, IC Social, ZuluTrade
Account TypesStandard, RawRaw Spread, cTrader Raw Spread, Standard, Swap Free

What the figures say

  • Eightcap publishes its minimum deposit ($100); IC Markets does not state one on the pages we read.
  • Eightcap publishes its spread from (Standard from 1.0 pips · Raw from 0.0 pips); IC Markets does not state one on the pages we read.
  • Eightcap publishes its commission (Standard: none (shares excepted) · Raw: $3.50 per standard lot per side in AUD, USD, NZD, SGD or CAD; GBP 2.25; EUR 2.75); IC Markets does not state one on the pages we read.
  • Account Types: Eightcap lists Standard, Raw; IC Markets lists Raw Spread, cTrader Raw Spread, Standard, Swap Free.
  • Eightcap also lists Shares.
  • IC Markets also lists Bonds, Stocks, Futures.

A figure marked “—” is one that broker does not publish on the pages we could read; it is not a zero. Terms differ by country and change often, so confirm on each site before opening an account.

Eightcap: why traders choose it

  • 800+ CFD instruments across forex, crypto, shares, commodities and indices
  • Raw account: spreads from 0.0 pips and $3.50 per standard lot per side
  • Standard account: spreads from 1.0 pips with no commission except on shares
  • Scalping permitted on both accounts; trade sizes from 0.01 to 100 lots
  • Margin call at 80% and stop-out at 50%
  • Seven base currencies: AUD, CAD, EUR, GBP, NZD, SGD, USD

IC Markets: why traders choose it

  • Four account types: Raw Spread, cTrader Raw Spread, Standard and Swap Free
  • Seven ways to trade, including cTrader, TradingView and the IC Social copy-trading app
  • Product range covers forex, commodities, indices, bonds, crypto, stocks, 24-hour stock CFDs and futures CFDs
  • Leverage is dynamic and can change at any time, which their own risk warning spells out
  • 24/7 support

Eightcap pros

  • TradingView and TradeLocker alongside both MetaTrader versions
  • The commission is stated per currency, so there is no conversion surprise
  • A 50% stop-out leaves more margin than the 20% common offshore

Eightcap cons

  • Leverage is not stated on the account page; it depends on the entity
  • The international entities are in the Bahamas, Seychelles and Mauritius; Australian clients are served by a separate company
  • Two account types only, with no cent or swap-free variant listed

IC Markets pros

  • One of the few brokers offering cTrader, TradingView and both MetaTrader versions side by side
  • A dedicated swap-free account rather than a swap-free flag bolted onto another type
  • The regulator and licence number are printed on every page

IC Markets cons

  • The international site is the Seychelles entity; other IC Markets entities serve Australia and Europe with different terms
  • Minimum deposit, spreads and commission were not on the pages we could reach; the account comparison sits behind the client area
  • Not available to residents of the US, Canada, New Zealand, Iran or North Korea

About Eightcap

Eightcap offers a Standard account from 1.0 pips with no commission and a Raw account from 0.0 pips with $3.50 per lot per side, both from a $100 minimum, on TradingView, MetaTrader 4 and 5 and TradeLocker. The international entities are regulated in the Bahamas, Seychelles and Mauritius.

About IC Markets

IC Markets trades under Raw Trading Ltd, a Seychelles securities dealer, on the international site. It is known for raw-spread pricing and for supporting more platforms than most brokers: MetaTrader 4 and 5, cTrader, TradingView, a web terminal and its own IC Social copy-trading app.

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How this page is put together. Both columns use the same fields as the individual reviews, read from each broker's own site. Some links are affiliate links, which may earn Cubie FX a commission at no extra cost to you. Placement is not for sale and nothing here is ranked.