Eightcap vs Interactive Brokers

Eightcap or Interactive Brokers – which is better for UK traders 2026? Compare Eightcap and Interactive Brokers in this detailed breakdown of their platforms, features and fees.

Eightcap vs Interactive Brokers Comparison Table 2026
Eightcap Interactive Brokers
rating empty
rating full
4.6
rating empty
rating full
4.3
Eightcap is ranked #5 among CFD brokers. Interactive Brokers is ranked #4 among CFD brokers.
Review
Review
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. Interactive Brokers (IBKR) stands as a leading brokerage, offering access to 170+ markets in 40 nations alongside extensive investment services. With 40+ years in finance, this Nasdaq-listed entity complies with regulations from the SEC, FCA, CIRO, and SFC, ensuring global trustworthiness in trading.
Pros
  • Eightcap has excelled in all essential trading areas, surpassing all rivals to clinch our 'Best Overall Broker' award for 2024. It also earned the titles of 'Best Crypto Broker' and 'Best TradingView Broker' for 2025.
  • In 2026, Eightcap integrated TradeLocker in select areas, establishing itself as the premier regulated broker for this platform. It continues to offer ultra-fast execution and competitive fees for active traders using the charting software.
  • Eightcap offers competitive trading with tight spreads starting from 0 pips and low commission fees. These affordable and adaptable conditions suit various strategies, including trading and scalping.
  • In 2021, Eightcap enhanced its lineup, now providing an extensive range of cryptocurrency CFDs. It offers crypto/fiat and crypto/crypto pairs, along with crypto indices for comprehensive market exposure.
  • Eightcap excels with a suite of advanced trading tools, such as MT4 and MT5, and has recently joined the 100-million-user social trading network, TradingView.
  • IBKR is a highly respected brokerage, regulated by top-tier authorities, ensuring the integrity and security of your trading account.
  • Interactive Brokers has introduced ForecastTrader, a distinctive zero-commission offering. Users trade yes/no Forecast Contracts on political, economic, and climate events with fixed $1 payouts per contract. Benefit from 24/6 market access and earn up to 3.14% APY on held positions.
  • The TWS platform is tailored for intermediate and advanced traders, featuring over 100 order types and a dependable real-time market data feed with exceptional uptime.
  • DayTrading.com awarded Interactive Brokers 'Best US Broker' for 2025, highlighting its dedication to US traders, extremely low margin rates, and affordable global market access.
  • The new IBKR Desktop platform combines the top features of TWS with customised tools such as Option Lattice and MultiSort Screeners, providing an impressive trading experience for traders of all skill levels.
  • A wide range of third-party research subscriptions, both free and paid, are available for traders. Additionally, by subscribing to Toggle AI, traders can receive commission rebates from IBKR.
  • IBKR consistently offers unparalleled access to global equities, with thousands of shares available across over 100 market centres in 24 countries, including the recently added Saudi Stock Exchange.
  • While initially targeting seasoned traders, IBKR has recently widened its appeal by eliminating its $10,000 minimum deposit requirement.
  • IBKR offers an economical environment for traders, featuring low commissions, narrow spreads, and a clear fee structure.
Cons
  • Despite the growing range of tools available, Eightcap lacks popular industry resources such as Autochartist and Trading Central. These provide advanced charting analytics, live news, and essential market insights for traders focused on short-term strategies.
  • Eightcap must enhance its range of over 800 instruments to rival top competitors like Blackbull Markets, which offers 26,000+ assets, especially improving its limited commodities selection.
  • The demo account is available for 30 days, after which it requires a request for extension. This is less convenient than XM's offering, which provides an unlimited demo mode.
  • Despite a helpful array of educational guides and e-books in Labs, Eightcap lags behind IG's extensive resources for aspiring traders. IG boasts a dedicated Academy app and features 18 diverse course categories.
  • The learning curve for TWS is quite steep, making it tough for novice traders to navigate and grasp all its features. In contrast, Plus500's web platform is far more accessible for those new to trading.
  • IBKR offers a variety of research tools, but their inconsistent placement across trading platforms and the 'Account Management' webpage creates a confusing experience for users.
  • Support can be sluggish and frustrating. Tests reveal that you may face challenges reaching customer service quickly, which could result in delays in issue resolution.
  • You are limited to a single active session per account, meaning you cannot use both your desktop programme and mobile app at the same time. This restriction can occasionally lead to a frustrating experience for traders.
  • In 2025, IBKR was fined $11.8m by the US OFAC for operating in sanctioned areas. That same year, FINRA imposed a $125k fine for lapses in municipal bond disclosure.
Awards
  • Best TradingView Broker 2025 - DayTrading.com
  • Best Cryptocurrency Broker 2025 - DayTrading.com
  • Best Overall Broker 2024 - DayTrading.com
  • Best Cryptocurrency Broker 2024 - DayTrading.com
  • Best Forex Broker 2023 - DayTrading.com
  • Best Cryptocurrency Broker 2023 - DayTrading.com
  • Best MT4/MT5 Broker 2022 - DayTrading.com
  • Best US Broker 2025 - DayTrading.com
FCA Regulated
Yes Yes
Instruments
CFDs, Forex, Stocks, Indices, Commodities Stocks, Options, Futures, Forex, Funds, Bonds, ETFs, Mutual Funds, Cryptocurrencies, CFDs
Demo Account
Yes Yes
Minimum Deposit
£100 $0
Payment Methods
Minimum Trade
0.01 Lots $100
Regulator
FCA, ASIC, CySEC, FSC, SCB, FSA SEC, FINRA, CFTC, NFA, CIRO, FCA, CBI, ASIC, SFC, SEBI, JFSA, MAS
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. The IBKR Mobile app, for iOS and Android, transforms your phone into a robust portal to access your IBKR accounts. It allows users to monitor portfolios, execute trades, view real-time quotes and charts, and manage account activities seamlessly. With its intuitive design, the app is particularly user-friendly for novices, offering a simpler experience compared to the advanced TWS platform.
iOS App Rating
rating empty
rating full
4.8
rating empty
rating full
4.3
Android App Rating
rating empty
rating full
4.4
rating empty
rating full
4.5
Margin Trading
Yes Yes
Margin Rate
1.55 - 2.59%
MetaTrader 4
No No
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No Yes
OmniTrader
No Yes
TradingView
Yes Yes
Autochartist
No No
eSignal
No Yes
Trading Central
No Yes
STP Account
No Yes
ECN Account
Yes No
DMA Account
No Yes
MAM Account
Yes Yes
PAMM Account
No No
LAMM Account
No No
Demat Account
No Yes
AI / Machine Learning
No Yes
Robo Advisor
No Yes
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
TradingView Bots Capitalise.ai, TWS API
Copy Trading
No No
Social Trading
Yes No
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No Yes
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0 $0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • SGD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • INR
  • JPY
  • SEK
  • NOK
  • DKK
  • CHF
  • AED
  • HUF
Commodities
  • Gold
  • Silver
  • Oil
  • Palladium
  • Zinc
  • Nickel
  • Platinum
  • Gold
  • Zinc
  • Aluminium
  • Natural Gas
  • Soybeans
  • Lead
  • Precious Metals
  • Lean Hogs
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. The platform provides access to over 8,000 CFDs across stocks, indices, forex, and commodities. Suited for experienced traders, the TWS platform includes more than 100 order types and algorithms. It also delivers top-tier market data from trusted sources like Reuters and Dow Jones.
Leverage
1:30 1:30
FTSE Spread
1.2 0.005% (£1 Min)
GBPUSD Spread<
0.1 0.08-0.20 bps x trade value
Oil Spread
0.03 0.25-0.85
Stocks Spread
0.03 (Apple Inc) 0.003
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. IBKR offers a wide selection of more than 100 forex pairs, including major, minor, and exotic options, exceeding most competitors except CMC Markets. Trading takes place across various platforms with institutional-quality spreads from 0.1 pips. It supports over 100 advanced order types like brackets, scale, and OCA orders.
Assets
50+ 100+
GBPUSD Spread
0.1 0.08-0.20 bps x trade value
EURUSD Spread
0.0 0.08-0.20 bps x trade value
EURGBP Spread
0.1 0.08-0.20 bps x trade value
Currency Indices
  • USD
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. IBKR offers access to Bitcoin, Bitcoin Cash, Ethereum, and Litecoin at attractive commission rates without the need for a crypto wallet. Furthermore, traders can explore a variety of assets, including crypto indices like the NYSE Bitcoin Index, and futures contracts such as BAKKT Bitcoin Futures.
Spread
$12 (BTC) 0.12%-0.18%
Coins
  • BTC
  • ETH
  • LTC
  • BCH
  • XRP
  • XMR
  • DSH
  • EOS
  • XLM
  • ADA
  • TRX
  • DOGE
  • BNB
  • DOT
  • MATIC
  • VET
  • AXS
  • NEO
  • SOL
  • UNI
  • AAVE
  • KSM
  • THETA
  • CAKE
  • SUSHI
  • ATOM
  • XTZ
  • SNX
  • COMP
  • FLOW
  • EGLD
  • PUNDIX
  • RAY
  • ZIL
  • QTUM
  • BAND
  • OMG
  • FIDA
  • BADGER
  • NEAR
  • ONT
  • KNC
  • SHIB
  • MTL
  • CLV
  • BAT
  • XEM
  • STMX
  • CHR
  • WAVES
  • FTM
  • AUDIO
  • TOMO
  • MRK
  • GRT
  • ENJ
  • CRV
  • RUNE
  • DAWN
  • DODO
  • HOT
  • ZEC
  • 1INCH
  • HBAR
  • AVAX
  • PROM
  • ALPHA
  • LINA
  • CEL
  • SXP
  • SAND
  • CREAM
  • ICP
  • FIL
  • PAXG
  • DENT
  • REN
  • REEF
  • LRC
  • PERP
  • STORJ
  • IOTA
  • ALCX
  • ALGO
  • LINK
  • MANA
  • BTC
  • LTC
  • ETH
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Eightcap Interactive Brokers
Review
Review
More Comparisons
Eightcap
vs

 Interactive Brokers
vs