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Eightcap vs IG 2026

A detailed head-to-head comparison of Eightcap and IG across regulation, trading costs, platforms, and more.

Eightcap logo - BrokerAudit
Eightcap

Est. 2009 · Melbourne, Australia

ASICFCACySEC
78.8/100
Good
IG logo - BrokerAudit
IG

Est. 1974 · London, United Kingdom

FCAASICBaFin
83.7/100
Excellent

Score Breakdown

RegulationCostsPlatformsAccountsDepositSupportEducation
EightcapIG

Category-by-Category Winner

Category
Eightcap
IG
Regulation & Trust
85
98
Trading Costs
78
75
Platforms & Tools
82
82
Account Conditions
76
72
Deposit & Withdrawal
78
80
Customer Support
72
82
Education & Research
70
85
Overall Score
78.8
83.7

Detailed Comparison

Overview

Year Founded
2009
1974
Headquarters
Melbourne, Australia
London, United Kingdom
Publicly Listed
Top Regulators
ASIC, FCA, CySEC
FCA, ASIC, BaFin
Total Instruments
800
17,000

Trading Costs

EUR/USD Spread
0.11 pips
0.60 pips
GBP/USD Spread
0.54 pips
0.90 pips
USD/JPY Spread
0.30 pips
0.70 pips
Min. Deposit
$100
$0
Commission/Lot
$7.00
None
Inactivity Fee
None
$12/month after 24 months

Platforms & Features

MetaTrader 4
MetaTrader 5
cTrader
TradingView
Copy Trading
API Trading
VPS Hosting
Demo Account
Islamic Account

Instruments

Forex Pairs
40
80
CFD Stocks
350
12,000
Indices
11
40
Commodities
5
35
Crypto CFDs
120
11

Eightcap vs IG: Our Analysis

Overall Verdict

With an overall score of 83.7/100 vs 78.8/100, IG slightly edges out Eightcap by 4.9 points. Both brokers are closely matched, so your choice should come down to specific features that matter most to you.

Trading Costs

On the EUR/USD pair, Eightcap offers an average spread of 0.11 pips with a $7.00 round-turn commission, while IG comes in at 0.60 pips commission-free. Eightcap offers tighter pricing on EUR/USD. Minimum deposit is $100 at Eightcap and $0 at IG.

Regulation & Safety

Eightcap holds 4 regulatory licenses with a highest tier of Tier 1 (ASIC, FCA, CySEC), while IG has 6 licenses at Tier 1 (FCA, ASIC, BaFin). IG has more regulatory licenses overall.

Platform Comparison

Eightcap offers MT4, MT5, TradingView, TradeLocker — uniquely offering MT5, TradingView, TradeLocker which IG does not have. IG supports MT4, IG Trading Platform, with exclusive access to IG Trading Platform. Eightcap provides a wider platform selection.

Who Should Choose Which?

Eightcap suits cost-conscious traders, while IG is better for beginners seeking education, traders who prioritize safety, traders wanting a wide instrument range. Both brokers offer demo accounts, so you can test each before committing real funds.

Frequently Asked Questions

Based on our testing, IG scores higher overall at 83.7/100 compared to Eightcap's 78.8/100. However, "better" depends on your priorities — Eightcap may be superior in specific categories like trading costs.

Eightcap offers tighter spreads with an average EUR/USD spread of 0.11 pips, compared to 0.60 pips at IG. Check our detailed comparison table above for GBP/USD and USD/JPY spreads as well.

IG scores higher for regulation and trust at 98/100, holding licenses from FCA, ASIC, BaFin. Eightcap scores 85/100 with ASIC, FCA, CySEC.

For beginners, IG is the stronger choice with an education and research score of 85/100. It offers structured trading courses, webinars, and a free demo account. Eightcap scores 70/100 for education.

Yes, there is no restriction on having accounts with both Eightcap and IG simultaneously. Many experienced traders maintain accounts with multiple brokers to take advantage of each broker's strengths — for example, using one for its lower spreads on majors and another for its wider instrument range or better platform features.

NC

Reviewed by

Neil C

Neil C is a financial markets analyst and forex trading specialist with over 10 years of experience evaluating broker platforms, trading conditions, and regulatory frameworks. He has personally tested accounts with dozens of brokers and brings a data-driven methodology to every review.

Last updated: April 2026

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