Eightcap vs IG
By Akash · Facts re-checked (UTC)
Here is how Eightcap and IG compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| Eightcap | IG | |
|---|---|---|
| Regulators | ASIC, FCA, CySEC, SCB | FCA |
| Minimum deposit | $100 or equivalent | No minimum balance to open an account |
| Spreads from | 0.0 pips (Raw); 1.0 pips (Standard) | 0.6 pips EUR/USD (MT4, UK) |
| Commission | Raw: $3.50 per standard lot per side (£2.25 GBP, €2.75 EUR); Standard: none on forex | Commission-free on MT4 forex |
| Max leverage | – | 30:1 on major forex pairs for retail clients (IG Markets Ltd, UK, 3.33% margin) |
| Platforms | MetaTrader 4, MetaTrader 5, TradingView, TradeLocker | IG web platform, IG app, MetaTrader 4, MetaTrader 5, TradingView, ProRealTime |
| Retail accounts losing money | – | 70% |
Full reviews: Eightcap review · IG review
Frequently asked questions
What is the minimum deposit at Eightcap and IG?
Eightcap: $100 or equivalent. IG: No minimum balance to open an account.
Are Eightcap and IG regulated?
Eightcap: ASIC, FCA, CySEC, SCB. IG: FCA.
Which has tighter spreads, Eightcap or IG?
Published spreads start from 0.0 pips (Raw); 1.0 pips (Standard) at Eightcap and 0.6 pips EUR/USD (MT4, UK) at IG; commission: Eightcap Raw: $3.50 per standard lot per side (£2.25 GBP, €2.75 EUR); Standard: none on forex, IG Commission-free on MT4 forex.
Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read more