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Eightcap vs Interactive Brokers

By · Facts re-checked (UTC)

Here is how Eightcap and Interactive Brokers compare on regulation, costs and platforms. See the table for regulators, costs and platforms.

EightcapInteractive Brokers
RegulatorsASIC, FCA, CySEC, SCBFCA, CBI, ASIC
Minimum deposit$100 or equivalentNo account minimum
Spreads from0.0 pips (Raw); 1.0 pips (Standard)–
CommissionRaw: $3.50 per standard lot per side (£2.25 GBP, €2.75 EUR); Standard: none on forex0.08 to 0.20 bps x trade size, tiered by monthly volume; minimum USD 2.00 per order at Tier I
PlatformsMetaTrader 4, MetaTrader 5, TradingView, TradeLockerTrader Workstation (TWS), IBKR Mobile, Client Portal
Retail accounts losing money–59.7%

Full reviews: Eightcap review · Interactive Brokers review

Frequently asked questions

What is the minimum deposit at Eightcap and Interactive Brokers?

Eightcap: $100 or equivalent. Interactive Brokers: No account minimum.

Are Eightcap and Interactive Brokers regulated?

Eightcap: ASIC, FCA, CySEC, SCB. Interactive Brokers: FCA, CBI, ASIC.

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