IC Markets vs Eightcap (2026): Which Is Better?
Licences, spreads, leverage, minimum deposit and features compared side by side. Our pick: IC Markets (9.2/10).
| IM | E | |
|---|---|---|
| Our score | 9.2/10 | 9.0/10 |
| Founded | 2007 | 2009 |
| Minimum deposit | $200 | $100 |
| Max leverage | Up to 1:1000 | Up to 1:500 |
| Spreads | From 0.0 pips + $7 round-turn (Raw) · from 0.8 pips (Standard) | From 0.0 pips + $3.50/side (Raw) · from 1.0 pips (Standard, no commission) |
| Platforms | MT4, MT5, cTrader, TradingView | MT4, MT5, TradingView, TradeLocker (Challenges) |
| Copy trading | Yes – IC Social, ZuluTrade, Myfxbook | Funded challenges – 80–90% profit split |
| Licences | ASIC, CySEC, SCB, FSA | ASIC, FCA, CySEC, SCB, FSA, FSC |
| Available in | ~229 countries | ~231 countries |
| Best for | Scalpers, EA / robot traders, cTrader users | TradingView users and traders who want a funded account |
| Visit Site | Visit Site |
Why choose IC Markets
- Raw spreads from 0.0 pips with deep liquidity
- MT4, MT5, cTrader and TradingView
- Tier-1 regulation from ASIC and CySEC
- Built for EA and scalping strategies
Why choose Eightcap
- Eightcap Challenges: funded accounts from $10K to $200K
- 80% profit split, up to 90% with add-on
- Native TradingView, MT4 and MT5 trading
- Regulated by ASIC, FCA and CySEC
Verdict
IC Markets is an Australian-founded true-ECN broker known for raw spreads from 0.0 pips, lightning-fast execution and the widest platform choice in the industry — MT4, MT5, cTrader and TradingView. It is a favourite of scalpers and automated (EA) traders worldwide.
Eightcap, founded in Melbourne in 2009 and regulated by ASIC, the FCA and CySEC, is one of the leading TradingView brokers, offering raw spreads from 0.0 pips on MT4, MT5 and TradingView. Its Eightcap Challenges programme lets you trade a funded account from $10,000 to $200,000 and keep 80–90% of the profits, with evaluations from just $99.
IC Markets edges ahead in our rating, but many traders open both accounts and use each for what it does best.