ForexBrokers.com is committed to the highest ethical standards and reviews services independently. Learn How We Make Money

Eightcap vs IFC Markets 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Eightcap vs IFC Markets, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Eightcap
4/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 85
  • Tradeable Symbols (Total): 800
IFC Markets
4/5 Stars Overall
  • Minimum Deposit: $1
  • Trust Score: 73
  • Tradeable Symbols (Total): 630

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Regulation

When comparing online brokers, Eightcap and IFC Markets both bring unique aspects to the table, but they stand apart in terms of regulatory trust. Founded in 2009, Eightcap holds 3 Tier-1 licenses, which are seen as highly trusted by industry standards. With a Trust Score of 85 out of 99 according to ForexBrokers.com, it falls under the 'trusted' category. While it is not publicly traded or a bank, Eightcap has built a solid reputation in the financial market.

IFC Markets, on the other hand, was founded earlier in 2006 but holds no Tier-1 licenses, and only 1 Tier-2 license, which is rated as trusted. With a Trust Score of 73, IFC Markets is considered to be of average risk, slightly below Eightcap in trustworthiness. Similar to Eightcap, IFC Markets is neither a publicly traded company nor a bank. Understanding these distinctions can help consumers decide which platform better aligns with their financial goals and comfort with risk.

Feature Eightcap logoEightcap
IFC Markets logoIFC Markets
Year Founded info 2009 2006
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 3 0
Tier-2 Licenses info 0 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1

Fees

When comparing the commissions and fees of Eightcap to IFC Markets, both brokers offer distinct account options tailored to different trading styles. Eightcap provides two types of accounts across various regions, including Australia, the Bahamas, the U.K., and Cyprus. Traders can choose between the commission-based Raw account and the Standard account, which relies solely on spreads. The Raw account features an appealing average spread of 0.06 pips, but when combined with a $3.50 commission per trade, the effective cost comes to about 0.76 pips. This rate is slightly below the industry average of 0.8 pips, yet Eightcap remains slightly pricier compared to the most affordable forex brokers. Eightcap earns a solid rating of 4 out of 5 stars in commissions and fees and ranks #26 out of 63 brokers by ForexBrokers.com.

IFC Markets, on the other hand, presents a less competitive average spread of 1.44 pips for the popular EUR/USD currency pair, higher than the industry benchmark of 1.08 pips. However, more active traders may find value in IFC Market's ECN account, which offers effective spreads of 1.1 pips when considering a 0.005% commission per side. Additionally, IFC Markets eliminates inactivity fees and offers active trader discounts, presenting financial incentives for frequent traders. IFC Markets also receives a 4-star rating for commissions and fees, though it ranks lower at #39 out of 63 brokers according to ForexBrokers.com.

Feature Eightcap logoEightcap
IFC Markets logoIFC Markets
Minimum Deposit info $100 $1
Average Spread EUR/USD - Standard info 1.0 info 1.44 info
All-in Cost EUR/USD - Active info 0.76 1.1 info
Active Trader or VIP Discounts info No Yes
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes No
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When comparing Eightcap and IFC Markets in terms of their range of investments, both brokers provide a varied selection, yet with some differences. Eightcap offers 800 tradeable symbols, which surpasses IFC Markets' 630 symbols. In terms of forex pairs, Eightcap also has the edge by providing 56 pairs compared to IFC Markets' 49. Both brokers excel in forex trading through CFDs or spot contracts and offer copy trading as a feature. However, neither platform allows clients to purchase actual cryptocurrencies; they only offer cryptocurrency derivatives.

Both Eightcap and IFC Markets do not offer exchange traded securities on U.S. exchanges, but IFC Markets stands out by providing these on international exchanges. Interestingly, both brokers received the same rating of 3.5 stars for their range of investments. However, ForexBrokers.com ranks Eightcap slightly higher at position 40, compared to IFC Markets at position 43 out of 63 brokers assessed. Ultimately, while both brokers share similarities, Eightcap offers a slight numerical advantage in the variety of tradeable symbols and forex pairs.

Feature Eightcap logoEightcap
IFC Markets logoIFC Markets
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 800 630
Forex Pairs (Total) info 56 49
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No Yes
Social Trading / Copy Trading info Yes info Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).

Dive deeper: Best Copy Trading Platforms.

Trading platforms and tools

When comparing the trading platforms of Eightcap and IFC Markets, both brokers offer a rich environment for traders with virtual demo accounts to practice simulated trading. While Eightcap lacks a proprietary platform, relying instead on well-established third-party options, IFC Markets provides its own in-house software. Both brokers support the widely-used MetaTrader 4 and MetaTrader 5, allowing for enhanced trading functionality. For those preferring flexibility, each broker provides web-based platforms and Windows-compatible desktop downloads. Additionally, both offer copy trading features but do not support DupliTrade or ZuluTrade, making them equally competitive in this niche.

Charting options are nearly identical between the two, each offering 15 drawing tools and the convenience of trading directly from charts. Their watch lists also match, with seven fields available for customization. While both receive a strong four-star rating for their platforms and tools, IFC Markets slightly edges out Eightcap in rankings by ForexBrokers.com, placing 36th compared to Eightcap's 38th out of 63 competitors. This subtle difference underscores IFC Markets' small advantage in platform distinction, despite the overall similarity in offerings.

Feature Eightcap logoEightcap
IFC Markets logoIFC Markets
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info No Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes info Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 30 30
Charting - Drawing Tools (Total) info 15 15
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 7 7

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Both Eightcap and IFC Markets offer comprehensive mobile trading apps available for iPhone and Android users. These platforms allow users to receive real-time stock and forex price alerts and support the synchronization of watchlists, ensuring that changes are reflected across both mobile and desktop platforms. With 30 technical studies available in the charting tools and the ability to draw trendlines, both apps cater to traders seeking to perform detailed technical analysis on their mobile devices.

Moreover, Eightcap and IFC Markets support the viewing of multiple time frames, such as daily, weekly, or intraday, and conveniently auto-save any drawings made on the charts. Users can also create watchlists with real-time quotes for quick tracking of their favorite assets. While both Eightcap and IFC Markets are awarded four stars in their mobile trading app ratings, Eightcap has a slightly higher ranking of #38 compared to IFC Markets' rank of #52 as per ForexBrokers.com among 63 brokers. This distinction may influence traders looking to choose between these two platforms based on their ranking.

Feature Eightcap logoEightcap
IFC Markets logoIFC Markets
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

When considering market research features, both Eightcap and IFC Markets provide daily market commentary, keeping traders informed with regular insights. However, neither broker offers forex news from top-tier sources such as Bloomberg or Reuters. Both platforms also lack advanced technical or fundamental tools from companies like Autochartist and Trading Central, which could be a limitation for traders relying on detailed market analysis tools. On a positive note, each broker does offer a sentiment-based trading tool, allowing investors to see the ratio of long or short positions across various instruments, bringing some depth to their trade analysis.

Eightcap and IFC Markets both include an economic calendar, presenting current and upcoming global news events, which can be vital for those interested in fundamental analysis. Despite these similarities, both brokers have room for improvement in their range of market research tools, as indicated by their equal ratings of 3.5 out of 5 stars for research. According to ForexBrokers.com rankings, Eightcap slightly edges past IFC Markets, holding the 39th position compared to IFC Markets' ranking at 40th place among 63 brokers. Consequently, traders seeking extensive research tools might need to look beyond these brokers, but for basic analysis and sentiment insights, they stand on similar footing.

Feature Eightcap logoEightcap
IFC Markets logoIFC Markets
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info No No
Autochartist info No No
Trading Central (Recognia) info No No
Social Sentiment - Currency Pairs info Yes Yes
TipRanks info No No
Signal Centre (Acuity Trading) info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When it comes to educational resources for newcomers, Eightcap and IFC Markets offer solid options in the world of online trading. Both brokers provide at least 10 educational materials on forex and CFDs, including articles and videos, catering to beginners. Eightcap shines with a searchable archive of previously recorded webinars, which sets it apart for those who appreciate learning at their own pace. However, neither company hosts live monthly webinars, potentially lacking that interactive learning component some may seek. Novices will find plenty of beginner trading videos with either broker, but while Eightcap focuses on foundational education, IFC Markets also extends its curriculum to advanced learners with more specialized content.

Both Eightcap and IFC Markets offer a comprehensive investor dictionary, each covering over 50 investment terms, making them useful tools for traders keen on mastering trading jargon. When it comes to ratings, both companies receive a sturdy 3.5-star rating for their educational offerings. However, IFC Markets slightly edges out Eightcap in rankings by ForexBrokers.com, coming in at #30 out of 63, while Eightcap follows at #40. This slight difference could make IFC Markets a more appealing choice for those looking for a broader spectrum of educational resources.

Feature Eightcap logoEightcap
IFC Markets logoIFC Markets
Education (Forex or CFDs) info Yes Yes
Client Webinars info No No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info No Yes
Investor Dictionary (Glossary) info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that Eightcap is better than IFC Markets. Eightcap finished with an overall rank of #38, while IFC Markets finished with an overall rank of #45.

Eightcap enhances its status as a MetaTrader-only broker with support for a suite of third-party plug-ins, including TradingView.

Feature Eightcap logoEightcap
IFC Markets logoIFC Markets
Overall Rating info 4/5 Stars 4/5 Stars
Trust Score info 85 73
Range of Investments 3.5/5 Stars 3.5/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 3.5/5 Stars 4/5 Stars

FAQs

Can you trade cryptocurrency with Eightcap or IFC Markets?

Both Eightcap and IFC Markets offer the ability to buy cryptocurrency derivatives, but neither broker provides the option to buy actual delivered cryptocurrencies.

What funding options does each broker offer?

When comparing online brokers Eightcap and IFC Markets on payment options, Eightcap offers more flexibility with PayPal and Skrill in addition to bank wires and Visa or Mastercard, whereas IFC Markets provides only Visa, Mastercard, and bank wires, lacking both PayPal and Skrill as deposit or withdrawal methods.




announcementPlease note:

We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.

Select Brokers

×
  • check_box_outline_blankcheck_boxActivTrades
  • check_box_outline_blankcheck_boxACY Securities
  • check_box_outline_blankcheck_boxAdmirals
  • check_box_outline_blankcheck_boxAlpari
  • check_box_outline_blankcheck_boxATFX
  • check_box_outline_blankcheck_boxAvaTrade
  • check_box_outline_blankcheck_boxAxi
  • check_box_outline_blankcheck_boxBDSwiss
  • check_box_outline_blankcheck_boxBlackBull Markets
  • check_box_outline_blankcheck_boxCapital.com
  • check_box_outline_blankcheck_boxCharles Schwab
  • check_box_outline_blankcheck_boxCity Index
  • check_box_outline_blankcheck_boxCMC Markets
  • check_box_outline_blankcheck_boxDooPrime
  • check_box_outline_blankcheck_boxEarn
  • check_box_outline_blankcheck_boxeasyMarkets
  • check_box_outline_blankcheck_boxEightcap
  • check_box_outline_blankcheck_boxeToro
  • check_box_outline_blankcheck_boxExness
  • check_box_outline_blankcheck_boxFinecoBank
  • check_box_outline_blankcheck_boxFOREX.com
  • check_box_outline_blankcheck_boxFP Markets
  • check_box_outline_blankcheck_boxFXCM
  • check_box_outline_blankcheck_boxFXGT.com
  • check_box_outline_blankcheck_boxFXOpen
  • check_box_outline_blankcheck_boxFXPrimus
  • check_box_outline_blankcheck_boxFxPro
  • check_box_outline_blankcheck_boxGBE brokers
  • check_box_outline_blankcheck_boxHFM
  • check_box_outline_blankcheck_boxHYCM (Henyep Capital Markets)
  • check_box_outline_blankcheck_boxIC Markets
  • check_box_outline_blankcheck_boxIFC Markets
  • check_box_outline_blankcheck_boxiFOREX
  • check_box_outline_blankcheck_boxIG
  • check_box_outline_blankcheck_boxInteractive Brokers
  • check_box_outline_blankcheck_boxIronFX
  • check_box_outline_blankcheck_boxIUX
  • check_box_outline_blankcheck_boxLegacyFX
  • check_box_outline_blankcheck_boxLibertex (Forex Club)
  • check_box_outline_blankcheck_boxMarkets.com
  • check_box_outline_blankcheck_boxMarkets4you
  • check_box_outline_blankcheck_boxMoneta Markets
  • check_box_outline_blankcheck_boxMultiBank
  • check_box_outline_blankcheck_boxOANDA
  • check_box_outline_blankcheck_boxOcta
  • check_box_outline_blankcheck_boxPepperstone
  • check_box_outline_blankcheck_boxPlus500
  • check_box_outline_blankcheck_boxQuestrade
  • check_box_outline_blankcheck_boxRoboForex
  • check_box_outline_blankcheck_boxSaxo
  • check_box_outline_blankcheck_boxSpreadex
  • check_box_outline_blankcheck_boxSwissquote
  • check_box_outline_blankcheck_boxThinkMarkets
  • check_box_outline_blankcheck_boxTickmill
  • check_box_outline_blankcheck_boxTMGM
  • check_box_outline_blankcheck_boxTopFX
  • check_box_outline_blankcheck_boxTrade Nation
  • check_box_outline_blankcheck_boxTrading 212
  • check_box_outline_blankcheck_boxVantage
  • check_box_outline_blankcheck_boxVT Markets
  • check_box_outline_blankcheck_boxXM Group
  • check_box_outline_blankcheck_boxXTB
  • check_box_outline_blankcheck_boxXtrade

Compare

0 of 5
Overall Rating Eightcap IFC Markets
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Range of Investments 3.5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3.5/5 Stars
Education 3.5/5 Stars 4/5 Stars
Trust Score info 85 73
Winner check_circle
Review Eightcap Review
Broker Screenshots Eightcap IFC Markets
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation Eightcap IFC Markets
Trust Score info 85 73
Year Founded info 2009 2006
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No
Tier-1 Licenses info 3 0
Tier-2 Licenses info 0 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) Eightcap IFC Markets
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No
Tier-2 Licenses (Trusted) Eightcap IFC Markets
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No Yes
UAE (DFSA/Central Bank Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments Eightcap IFC Markets
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 800 630
Forex Pairs (Total) info 56 49
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No Yes
Social Trading / Copy Trading info Yes info Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).
Cost Eightcap IFC Markets
Average Spread EUR/USD - Standard info 1.0 info 1.44 info
All-in Cost EUR/USD - Active info 0.76 1.1 info
Active Trader or VIP Discounts info No Yes
Inactivity Fee info No No
Execution: Agency Broker info Yes Yes
Execution: Market Maker info Yes Yes
Funding Eightcap IFC Markets
Minimum Deposit info $100 $1
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes No
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No No
Trading Platforms Eightcap IFC Markets
Proprietary Platform info No Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes info Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools Eightcap IFC Markets
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 7 7
Charting - Indicators / Studies (Total) info 30 30
Charting - Drawing Tools (Total) info 15 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading Eightcap IFC Markets
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes Yes
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes Yes
Research Eightcap IFC Markets
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info No No
Autochartist info No No
Trading Central (Recognia) info No No
TipRanks info No No
Social Sentiment - Currency Pairs info Yes Yes
Economic Calendar info Yes Yes
Education Eightcap IFC Markets
Education (Forex or CFDs) info Yes Yes
Client Webinars info No No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info No Yes
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs Eightcap IFC Markets
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review Eightcap Review
Overall Eightcap IFC Markets
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Range of Investments 3.5/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3.5/5 Stars
Education 3.5/5 Stars 4/5 Stars
Trust Score info 85 73
Winner check_circle
Review Eightcap Review
arrow_upward

close