Eightcap vs IC Markets
Eightcap or IC Markets – which is better for UK traders 2025? Compare Eightcap and IC Markets in this detailed breakdown of their platforms, features and fees.
| Eightcap | IC Markets |
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| Eightcap is ranked #9 among CFD brokers. | IC Markets is ranked #5 among CFD brokers. |
| Eightcap, an acclaimed broker regulated by the FCA, offers exceptionally low trading costs. Recognised as the top-rated brand by TradingView's vast user base of 100 million, traders can directly access the platform. UK traders can open a live account with a minimum deposit of just £100. | IC Markets is an internationally acclaimed forex and CFD broker, admired for its competitive pricing, diverse trading instruments, and superior technology. Established in 2007 and based in Australia, the firm is under the regulation of ASIC, CySEC, and FSA. It has successfully drawn over 180,000 clients from more than 200 nations. |
| Pros | |
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| Cons | |
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| Awards | |
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| FCA Regulated | |
| Yes | No |
| Instruments | |
| CFDs, Forex, Stocks, Indices, Commodities | CFDs, Forex, Stocks, Indices, Commodities, Bonds, Futures, Crypto |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| £100 | $200 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| ASIC, FCA, CySEC, SCB | ASIC, CySEC, FSA, CMA |
| Mobile Apps | |
| iOS & Android | iOS & Android |
| Trading App | |
| Eightcap offers MT4, MT5, and TradingView apps, being the sole FCA-regulated broker with TradingView, ideal for mobile traders seeking advanced charting. Although MetaTrader's design feels dated, its numerous technical indicators, drawing tools, diverse chart styles, and simple horizontal overlays are impressive. Push notifications and an active social network on TradingView are beneficial for traders, with Eightcap providing guidance videos on linking TradingView to iOS and Android. | IC Markets provide mobile apps for their cTrader, MT4, MT5, and TradingView platforms. Developed separately for Android and iOS, these apps leverage each system's unique capabilities. Featuring raw pricing and spreads from 0.0, they offer superb tools for every trader level. What truly distinguishes them is maintaining IC Markets’ renowned rapid execution speed within the apps. This ensures a professional and highly responsive trading experience. |
| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| Yes | Yes |
| MetaTrader 4 | |
| No | Yes |
| MetaTrader 5 | |
| Yes | Yes |
| cTrader | |
| No | Yes |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| Yes | Yes |
| Autochartist | |
| No | No |
| eSignal | |
| No | No |
| Trading Central | |
| No | Yes |
| STP Account | |
| No | No |
| ECN Account | |
| Yes | Yes |
| DMA Account | |
| No | Yes |
| MAM Account | |
| Yes | Yes |
| PAMM Account | |
| No | Yes |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | Yes |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Auto Trading | |
| TradingView Bots | Expert Advisors (EAs) on MetaTrader, cBots on cTrader, Myfxbook AutoTrade |
| Copy Trading | |
| No | Yes |
| Copy Trading Platform | |
| Introduced in February 2023, the IC Social app provides an easy platform for learning, sharing, and replicating the trades of other traders with minimal effort. The app also includes risk management features and supports specialised trading groups. Alternatively, IC Markets offers access to Signal Start and popular third-party copy trading platforms like ZuluTrade and cTrader Copy. | |
| Social Trading | |
| Yes | Yes |
| Trade Signals | |
| Yes | Signal Start |
| VPS Hosting | |
| Yes | Yes |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Inactivity Fee | |
| $0 | $0 |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| Eightcap provides an extensive selection of trading options with over 800 CFDs covering equities, indices, bonds, commodities, and digital currencies, subject to regional availability. Traders can access leverage ranging from 1:30 to 1:500. The platform is distinguished by its sophisticated tools, including an AI-powered economic calendar that tracks over 25 countries with filters for varying impact levels. Despite these strengths, Eightcap's selection of commodities, especially softs such as cotton and wheat, along with its range of precious metals and energy assets, remains limited and could benefit from further development. | Trade over 2,250 CFDs anytime from Monday to Friday across key markets, including forex, commodities, indices, stocks, and bonds. IC Markets leverages deep liquidity and cutting-edge bridge technology to offer ideal trading conditions for scalpers, hedgers, and algorithmic traders. |
| Leverage | |
| 1:30 | 1:30 (ASIC & CySEC), 1:500 (FSA), 1:1000 (Global) |
| FTSE Spread | |
| 1.2 | 1.0 |
| GBPUSD Spread< | |
| 0.1 | 0.23 |
| Oil Spread | |
| 0.03 | 0.03 |
| Stocks Spread | |
| 0.03 (Apple Inc) | 0.02 |
| Forex | |
| Eightcap provides over 50 currency pairs, matching the industry norm but falling short of leaders like CMC Markets, which offers more than 300. Nonetheless, Eightcap distinguishes itself with institutional-quality spreads starting from 0.0 pips on major pairs such as EUR/USD. The broker's competitively low commissions at $3.50 per side further enhance its appeal. Eightcap also equips traders with comprehensive forex data, including essential fundamentals, bullish and bearish signals, and a calendar monitoring significant foreign exchange market events. | IC Markets remains dedicated to offering tight 0.0-pip spreads on major currency pairs like EUR/USD, ensuring outstanding execution with an average speed of 35 milliseconds. Ideal for traders seeking high performance, those dealing in large volumes can also enjoy rebates of up to $2.50 per forex lot. |
| Assets | |
| 50+ | 75 |
| GBPUSD Spread | |
| 0.1 | 0.23 |
| EURUSD Spread | |
| 0.0 | 0.02 |
| EURGBP Spread | |
| 0.1 | 0.27 |
| Currency Indices | |
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| Cryptocurrency | |
| Eightcap provides an outstanding crypto trading service with over 120 crypto derivatives, outperforming nearly all alternatives. Testing shows Bitcoin spreads are at a competitive 12 pips, lower than many rivals. With easy crypto deposits and withdrawals, Eightcap is the ideal choice for committed crypto traders. | IC Markets provides a range of over 20 cryptocurrencies for trading through CFDs, featuring less common tokens like Avalanche, Kusama, and Uniswap. Traders can enjoy commission-free transactions and experienced individuals can utilise high leverage up to 1:200 via the MetaTrader platforms. |
| Spread | |
| $12 (BTC) | BTC 42.036 |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| Eightcap | IC Markets |
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