Eightcap vs IC Markets
Compare Eightcap and IC Markets across account entities, regulation, editorial scores, user ratings, costs, platforms and markets. Review the entity, regulation, costs and account terms that would apply before opening an account.
Comparison data checked 3 November 2026
Comparison summary
Start with the major differences, then review the detailed sections below. A higher score or lower displayed cost does not establish suitability for every trader.
| Field | Eightcap | IC Markets |
|---|---|---|
| Comparison summary | ||
| Editorial score | 9.2 / 10 | 9.6 / 10 |
| User rating | No user ratings yet | No user ratings yet |
| Regulatory status | Regulated | Regulated |
| Relevant entity | Eightcap Pty Ltd | Raw Trading Ltd |
| Minimum deposit | $100 | $200 |
| Typical spread | Approx. 0.06 pips, Raw for EUR/USD | 0.1 pips (Raw Spread) for EUR/USD |
| Platforms | MetaTrader 4MetaTrader 5TradingViewProprietary platform | MetaTrader 4MetaTrader 5cTraderTradingView |
| Markets | 850+ instruments across 5 categories | 2,250+ instruments across 7 categories |
| Maximum leverage | 1:30 | 1:30 (varies by entity) |
| Complaint cases | 0 published cases | 0 published cases |
| Regulation and account entities | ||
| Country account entity | Eightcap Pty Ltd | Raw Trading Ltd |
| Regulatory status | Regulated | Regulated |
| Regulator | Australian Securities and Investments Commission | Australian Securities and Investments Commission |
| Licence type | Tier 1 financial-services licence | Tier 1 financial-services licence |
| Licence number | AFSL 391441 | AFSL 335692 |
| Record status | Not confirmed | Not confirmed |
| Jurisdiction | Australia | Australia |
| Client-money rules | Confirmed | Confirmed |
| Negative balance protection | Available | Limited |
| Compensation arrangement | Potentially eligible | Potentially eligible |
| Complaint route | Authority or dispute route | Authority or dispute route |
| Official warnings | 0 active or relevant notices | 0 active or relevant notices |
| Last verified | 3 November 2026 | 3 November 2026 |
| Editorial scores and user ratings | ||
| Overall editorial score | 9.2 / 10 | 9.6 / 10 |
| Regulation and safety | 9.8 / 10 | 9.6 / 10 |
| Trading costs | 8.9 / 10 | 9.8 / 10 |
| Platforms and tools | 9.3 / 10 | 9.8 / 10 |
| Markets and products | 9.1 / 10 | 9.4 / 10 |
| Accounts and accessibility | 9.3 / 10 | 9.8 / 10 |
| Deposits and withdrawals | 8.9 / 10 | 9.8 / 10 |
| Support and education | 9.1 / 10 | 9.2 / 10 |
| Transparency and history | 9.1 / 10 | 9.4 / 10 |
| User rating | No user ratings yet | No user ratings yet |
| Eligible ratings | 0 | 0 |
| Verified experiences | 0 | 0 |
| Editorial review updated | 3 November 2026 | 3 November 2026 |
| Trading costs | ||
| Account used | Standard | Standard |
| Instrument | EUR/USD | EUR/USD |
| Spread type | Typical | Typical |
| Spread | Approx. 0.06 pips, Raw | 0.1 pips (Raw Spread) |
| Commission | $3.50 per side / $7 round turn, Raw | $3.50 per side / $7 round turn (Raw Spread MetaTrader) |
| Estimated round-turn cost | Approx. 0.76 pips under the broker's published assumptions | Approx. 0.8 pips under the broker's published assumptions |
| Overnight financing long | Both: overnight swaps apply; swap-free arrangements available | Both: swaps charged; swap-free accounts available |
| Overnight financing short | Both: overnight swaps apply; swap-free arrangements available | Both: swaps charged; swap-free accounts available |
| Currency conversion | Conversion rate/fee applies where currencies differ | Conversion at applicable exchange rate/charges; no fixed percentage published |
| Deposit fee | None internally | Not confirmed |
| Withdrawal fee | None internally | None; third-party/bank charges may apply |
| Inactivity fee | 10 units of base currency/month after 3 months inactivity | None on Global; EU: 10 account-currency units/month after 6 months inactivity |
| Data checked | 3 November 2026 | 3 November 2026 |
| Accounts and accessibility | ||
| Relevant account entity | Eightcap Pty Ltd | Raw Trading Ltd |
| Account types | StandardRawProfessionalDemo | StandardRaw SpreadcTrader Raw SpreadIslamic/Swap-Free |
| Minimum deposit | $100 | $200 |
| Base currencies | AUDCADEURGBPNZDSGDUSD | USDAUDEURGBPSGDNZDJPYCHFHKDCAD |
| Demo account | Available | Available |
| Islamic or swap-free | Not confirmed | Available |
| Professional account | Eligibility applies | Eligibility applies |
| Cent account | Not available | Not available |
| Raw-spread account | Available | Available |
| Application time | Typically a few minutes, subject to verification | Usually minutes to a few hours |
| Country availability | Not confirmed | Not confirmed |
| Client classifications | RetailProfessional | RetailProfessional |
| Trading platforms and tools | ||
| Desktop platforms | MetaTrader 4MetaTrader 5TradingViewProprietary platform | MetaTrader 4MetaTrader 5cTraderTradingView |
| Web platform | Available | Available |
| Mobile apps | Third-party | Both |
| MetaTrader 4 | Available | Available |
| MetaTrader 5 | Available | Available |
| cTrader | Not available | Available |
| TradingView | Integration | Integration |
| Proprietary platform | Not available | IC Markets Global mobile app / IC app |
| Automated trading | Supported | Supported |
| Copy trading | Yes, through supported third-party integrations | Not available |
| API access | Yes, institutional/API solutions | Yes, cTrader FIX API |
| VPS | Not confirmed | Available |
| One-click trading | Not confirmed | Not confirmed |
| Advanced order types | Market, limit, stop, stop-loss, take-profit, trailing stop | Market, limit, stop, stop-limit, stop-loss, take-profit, trailing stop |
| Markets and instruments | ||
| Forex | Available | Available |
| Metals | Not listed | Not listed |
| Indices | Available | Available |
| Commodities | Available | Available |
| Share CFDs | Available | Available |
| Cryptocurrency CFDs | Available | Available |
| ETFs | Not listed | Not listed |
| Bonds | Not listed | Available |
| Futures | Not listed | Available |
| Options | Not confirmed | Not confirmed |
| Total | 850+ reported instruments | 2,250+ reported instruments |
| Availability note | Varies by platform, account and entity | Varies by platform, account and entity |
| Trading conditions | ||
| Maximum leverage | 1:30 for Eightcap Pty Ltd | 1:30 for Raw Trading Ltd |
| Margin-call level | Not confirmed | Not confirmed |
| Stop-out level | Not confirmed | Not confirmed |
| Minimum trade size | 0.01 lots | 0.01 lots |
| Maximum trade size | Not confirmed | Not confirmed |
| Scalping | Not confirmed | Not confirmed |
| Hedging | Not confirmed | Not confirmed |
| Expert advisers | Allowed | Allowed |
| News trading | Not confirmed | Not confirmed |
| Guaranteed stops | Not confirmed | Not confirmed |
| Negative balance protection | Available | Conditional |
| Execution model | Market execution / STP-style CFD execution | Market execution |
| Trading hours | Varies by instrument | Varies by instrument |
| Deposits and withdrawals | ||
| Deposit methods | Visa, Mastercard, PayPal, bank transfer, Skrill, Neteller, BPAY and regional methods | Credit/debit card, PayPal, Neteller, Skrill, UnionPay, bank wire, Bpay, broker-to-broker, POLi, Rapidpay, Klarna, cryptocurrency, local internet banking |
| Withdrawal methods | Visa, Mastercard, PayPal, bank transfer, Skrill, Neteller, BPAY and supported regional methods | Credit/debit card, bank wire, PayPal, Neteller, Skrill, plus applicable original/local payment methods |
| Minimum deposit | $100 | $200 |
| Minimum withdrawal | $50 for bank transfer, BPAY, Skrill and Neteller; no minimum for cards/PayPal | No minimum |
| Deposit processing | Instant for cards, PayPal, Skrill and Neteller; bank transfer 1-5 business days; BPAY 1-2 business days | Instant for cards, PayPal, Neteller, Skrill, UnionPay and several local methods; bank wire 2-5 business days |
| Withdrawal processing | 1 business day for Skrill/Neteller; 1-5 business days for cards, PayPal and bank transfer | Same-day processing before cutoff; cards typically 3-5 business days; international wire up to 14 days |
| Broker deposit fee | None internally | Not confirmed |
| Broker withdrawal fee | None internally | None; third-party/bank charges may apply |
| Third-party fees | May apply | May apply |
| Local payment methods | BPAY; Interac; PIX; UnionPay; Thai QR; regional Asian banking/payment methods | Bpay; POLi; Thai Internet Banking; Vietnamese Internet Banking; UnionPay; Rapidpay; Klarna |
| Name matching | Not confirmed | Not confirmed |
| Verification before withdrawal | May be required | May be required |
| Funding data checked | 3 November 2026 | 3 November 2026 |
| Support, research and education | ||
| Support channels | Live chat, email, phone | Live chat, email, phone |
| Support hours | 24/5 | 24/7 |
| Weekend support | Not confirmed | Available |
| Supported languages | Multilingual | English, Arabic, Chinese, French, German, Indonesian, Italian, Korean, Portuguese, Spanish, Thai, Vietnamese and others |
| Local number | Not confirmed | Not confirmed |
| Account manager | Not confirmed | Not confirmed |
| Market analysis | Market Insights, market analysis, trend commentary, Acuity AI tools and FXStreet news | Extensive: Trading Central, Autochartist, IC Insights/TipRanks, market analysis and daily forecasts |
| Economic calendar | Not confirmed | Not confirmed |
| Trading signals | Not confirmed | Not confirmed |
| Webinars | Available | Available |
| Courses and guides | Extensive: Trader Toolkit, educational guides, platform tutorials, webinars and trading education | Extensive: webinars, educational articles, video/Web TV, trading guides, tutorials |
| Beginner education | Not confirmed | Not confirmed |
| Support score | 9.2 / 10 | 9.3 / 10 |
| User reviews and complaints | ||
| User rating | No user ratings yet | No user ratings yet |
| Eligible ratings | 0 | 0 |
| Published reviews | 0 | 0 |
| Verified experiences | 0 | 0 |
| Published complaints | 0 | 0 |
| Open complaints | 0 | 0 |
| Broker responses | 0 | 0 |
| Response rate | Not confirmed | Not confirmed |
| Resolved cases | 0 | 0 |
| Common review topics | Not confirmed | Not confirmed |
| Common complaint topics | Not confirmed | Not confirmed |
| Company and transparency | ||
| Brand | Eightcap | IC Markets |
| Established | 2009 | 2007 |
| Headquarters | Melbourne, Australia | Mahé, Seychelles |
| Parent company | Eightcap Holdings Pty Ltd | Independent |
| Legal entities | 1 recorded entity | 1 recorded entity |
| Publicly listed | No | No |
| Bank ownership | Not confirmed | Not confirmed |
| Financial reporting | Not confirmed | Not confirmed |
| Client count | Not confirmed | Not confirmed |
| Reported trading volume | Not confirmed | Not confirmed |
| Website | eightcap.com | icmarkets.com |
| Profile updated | 3 November 2026 | 3 November 2026 |
Category leader: highest or lowest qualifying value under the displayed criterion. A missing value is not treated as better or worse than a reported value.
Which broker may suit which trader?
Use conditional, evidence-based summaries rather than naming one overall winner.
- Eightcap has the lower displayed estimated cost under the selected EUR/USD, Standard and intraday assumptions.
- Eightcap has the higher regulation-and-safety editorial score, although the applicable protection still depends on the account entity.
- Eightcap is the selected option offering Proprietary platform.
- IC Markets is the selected option offering cTrader.
- IC Markets reports the larger compatible instrument range, led by forex, commodities, indices.
- Eightcap has the lower confirmed minimum deposit for the selected account.
Confirm the legal entity, regulator, full pricing schedule and account agreement before opening or funding an account.