Interactive Brokers vs Eightcap 2025

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

Interactive Brokers, established in 1977, is a leading online broker known for its high level of trustworthiness. It holds a top-tier Trust Score of 99 out of 99 from ForexBrokers.com, indicating it is highly trusted. Additionally, the broker is publicly traded and has a solid regulatory standing with 9 Tier-1 licenses and 2 Tier-2 licenses. This comprehensive regulatory framework helps reassure users of their safety in using Interactive Brokers’ services.

On the other hand, Eightcap, founded in 2009, has built its presence over the years. It boasts a respectable Trust Score of 85 out of 99, categorizing it as a trusted choice according to ForexBrokers.com. Although not publicly traded, Eightcap is still a reliable player, safeguarding clients’ interests with 3 Tier-1 licenses. While it lacks Tier-2 licenses, Eightcap continues to maintain a strong position under its current licenses.

Feature	Interactive Brokers	Eightcap
Year Founded info	1977	2009
Publicly Traded (Listed) info	Yes	No
Bank info	No	No
Tier-1 Licenses info	9	3
Tier-2 Licenses info	2	0
Tier-3 Licenses info	0	0
Tier-4 Licenses info	0	2

Fees

Interactive Brokers (5/5 stars; ranked #2 of 63 for Commissions & Fees) generally comes out cheaper than Eightcap (4/5 stars; ranked #27 of 63). On EUR/USD, Interactive Brokers’ all-in cost was about 0.59 pips in Q3 2024, while Eightcap’s Raw account averages roughly 0.76 pips after commissions—making IBKR the lower-cost pick for many forex traders.

Interactive Brokers charges a commission instead of marking up spreads. The firm aggregates quotes from 17 major interbank dealers and lists commissions at $16–$40 per million round turn ($8–$20 per side), or 0.00002 (0.2 bps) of the U.S. dollar trade value per side with a $2 minimum per order ($4 round turn). IBKR’s observed average spread on EUR/USD was 0.19 pips in Q3 2024; after commission, the all-in cost was about 0.59 pips. A $100,000 EUR/USD trade equates to roughly 0.40 pips in commission on top of the spread, and the $2-per-side minimum makes smaller-than-100k trades proportionally pricier. High-volume discounts can drop the minimum to $1.50 per order above $1B in monthly volume and to $1 at $5B; large orders can be handled via RFQ. IBKR Lite and IBKR Pro support forex but are not commission-free.

Eightcap offers two pricing paths: the commission-based Raw account and the spread-only Standard account. The Raw account lists an average spread of 0.06 pips, and once you add the $3.50 per-side commission, the all-in cost is about 0.76 pips on EUR/USD—just under the industry average of 0.8 pips. That keeps Eightcap competitive, though it remains slightly pricier than the very lowest-cost brokers.

Feature	Interactive Brokers	Eightcap
Minimum Deposit info	$0	$100
Average spread (EUR/USD) - Standard account info	0.59 info	1.0 info
All-in Cost EUR/USD - Active info	0.65 info	0.76
Non-wire bank transfer info	Yes	No
PayPal (Deposit/Withdraw) info	No	Yes
Skrill (Deposit/Withdraw) info	No	Yes
Bank Wire (Deposit/Withdraw) info	Yes	Yes

Dive deeper: Best Low Spread Forex Brokers.

Range of investments

Interactive Brokers offers a wider range of investments than Eightcap. IB has 8,500 tradeable symbols and 90 forex pairs, while Eightcap lists 803 symbols and 55 pairs. Both brokers let you trade forex as CFDs or spot contracts, but IB’s catalog covers more markets and instruments.

For stocks, Interactive Brokers lets clients buy exchange-traded securities on U.S. and international exchanges (think Apple or Vodafone). Eightcap doesn’t offer exchange-traded shares. In crypto, IB supports both actual cryptocurrency purchases and crypto CFDs, whereas Eightcap offers crypto CFDs only. Eightcap does provide copy trading, which IB does not. Reflecting these differences, ForexBrokers.com rates Interactive Brokers 5 stars and ranks it #1 of 63 for Range of Investments, while Eightcap earns 3.5 stars and ranks #41.

Feature	Interactive Brokers	Eightcap
Forex Trading (Spot or CFDs) info	Yes	Yes
Tradeable Symbols (Total) info	8500	803
Forex Pairs (Total) info	90	55
U.S. Stocks (Shares) info	Yes	No
Global Stocks (Non-U.S. Shares) info	Yes	No
Copy Trading info	No	Yes info
Cryptocurrency (Underlying) info	Yes	No
Cryptocurrency (CFDs) 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).	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

Interactive Brokers and Eightcap both check key boxes for platform access: each offers a free paper trading (demo) account, a Windows desktop download, a web-based platform, and the ability to place trades directly from charts. The big differences come down to platform lineup and extras. Interactive Brokers provides its own in-house platform, while Eightcap does not. Instead, Eightcap supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) and also offers copy trading, which Interactive Brokers does not.

In independent testing by ForexBrokers.com, Interactive Brokers earns 5 out of 5 stars for Trading Platforms and Tools and ranks #3 out of 63 brokers, signaling a stronger overall platform experience. Eightcap scores 4 out of 5 stars and ranks #39 out of 63. If you want MT4/MT5 and copy trading, Eightcap fits the bill. If you prefer an in-house platform and a higher-rated suite of platform features, Interactive Brokers is the better pick.

Feature	Interactive Brokers	Eightcap
Virtual Trading (Demo) info	Yes	Yes
Proprietary Desktop Trading Platform info	Yes	No
Desktop Platform (Windows) info	Yes	Yes
Web Platform info	Yes	Yes
Copy Trading info	No	Yes info
MetaTrader 4 (MT4) info	No	Yes
MetaTrader 5 (MT5) info	No	Yes
Charting - Indicators / Studies (Total) info	155	30
Charting - Trade From Chart info	Yes	Yes

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

Forex trading apps

Interactive Brokers and Eightcap both offer mobile trading apps for iPhone and Android, complete with stock and forex price alerts, synced watchlists, and trendline drawing. The big difference shows up in charting: Interactive Brokers packs in 97 technical studies, while Eightcap includes 30. If you rely on saving your chart markups, note that Eightcap auto-saves drawings, whereas Interactive Brokers does not.

For overall quality, Interactive Brokers earns 5 stars and ranks #4 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com. Eightcap scores 4 stars and ranks #39. Traders who want more charting tools may lean toward Interactive Brokers, while those who value the convenience of auto-saved drawings may prefer Eightcap.

Feature	Interactive Brokers	Eightcap
Android App info	Yes	Yes
Apple iOS App info	Yes	Yes
Mobile Price Alerts info	Yes	Yes
Mobile Watchlists - Syncing info	Yes	Yes
Mobile Charting - Indicators / Studies info	97	30
Mobile Charting - Draw Trendlines info	Yes	Yes
Mobile Charting - Trendlines Autosave info	No	Yes

Dive deeper: Best Forex Trading Apps.

Market research

Interactive Brokers and Eightcap both deliver daily market commentary, sentiment tools that show long vs. short positioning, Acuity Trading resources, and an economic calendar. The difference shows up in premium research: Interactive Brokers adds forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, plus Trading Central analytics and TipRanks insights. Eightcap does not include those. Neither broker offers tools from Autochartist.

According to ForexBrokers.com, Interactive Brokers earns 5 stars for Research and ranks #3 out of 63 brokers, while Eightcap scores 3.5 stars and ranks #40. In short, Interactive Brokers suits traders who want richer, premium research and analytics, whereas Eightcap covers the essentials with sentiment and calendar tools for simpler day-to-day market tracking.

Feature	Interactive Brokers	Eightcap
Daily Market Commentary (Articles) info	Yes	Yes
Forex News (Top-Tier Sources) info	Yes	No
Autochartist info	No	No
Trading Central info	Yes	No
Client sentiment data info	Yes	Yes
TipRanks info	Yes	No
Acuity Trading info	Yes	Yes
Economic Calendar info	Yes	Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginners comparing education from Interactive Brokers and Eightcap, both brokers offer learning content on forex and CFDs, but Interactive Brokers pulls ahead. ForexBrokers.com rates Interactive Brokers 5 stars for Education with a #3 ranking out of 63 brokers, while Eightcap earns 3.5 stars and ranks #40. Each broker covers beginner topics in plain language, yet Interactive Brokers is the stronger choice if you want more depth as you progress.

Both brokers host client webinars at least once a month and provide at least 10 beginner-friendly videos to help you learn the basics. The key difference is advanced learning: Interactive Brokers offers 10+ advanced videos for experienced traders, whereas Eightcap does not hit that mark. If you want a learning path that can take you from first steps to more advanced strategies, Interactive Brokers is better suited; if you just need starter lessons and regular webinars on forex and CFDs, Eightcap can work well.

Feature	Interactive Brokers	Eightcap
Webinars info	Yes	Yes
Videos - Beginner Trading Videos info	Yes	Yes
Videos - Advanced Trading Videos info	Yes	No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that Interactive Brokers is better than Eightcap. Interactive Brokers finished with an overall rank of #2, while Eightcap finished with an overall rank of #38.

Interactive Brokers is a highly trusted multi-asset broker with an extensive offering of tradeable global markets. It delivers competitive fees and high-quality research and education, as well as a modern, institutional-grade trading platform suite.

Feature	Interactive Brokers	Eightcap
Overall Rating info
Trust Score info	99	85
Range of Investments
Commissions & Fees
Platforms & Tools
Research
Mobile Trading
Education

FAQs

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Overall Rating	Interactive Brokers	Eightcap
Overall Rating info
Commissions & Fees
Range of Investments
Platforms & Tools
Mobile Trading
Research
Education
Trust Score info	99	85
Winner	check_circle
Review	Interactive Brokers Review	Eightcap Review

Broker Screenshots	Interactive Brokers	Eightcap
Broker Gallery (click to expand) info

Regulation	Interactive Brokers	Eightcap
Trust Score info	99	85
Year Founded info	1977	2009
Publicly Traded (Listed) info	Yes	No
Bank info	No	No
Regulated in one or more EU or EEA countries (MiFID). info	Yes info	Yes info
Tier-1 Licenses info	9	3
Tier-2 Licenses info	2	0
Tier-3 Licenses info	0	0
Tier-4 Licenses info	0	2

Tier-1 Licenses (Highly Trusted)	Interactive Brokers	Eightcap
Australia (ASIC Authorised) info	Yes	Yes
Canada (CIRO Authorised) info	Yes	No
Hong Kong (SFC Authorised) info	Yes	No
Japan (SFC Authorised) info	Yes	No
Singapore (MAS Authorised) info	Yes	No
Switzerland (FINMA Authorised) info	Yes
United Kingdom (U.K.) (FCA Authorised) info	Yes	Yes
USA (CFTC Authorized) info	Yes	No
New Zealand (FMA Authorised) info	No	No
Regulated in one or more EU or EEA countries (MiFID). info	Yes info	Yes info

Tier-2 Licenses (Trusted)	Interactive Brokers	Eightcap
Kenya (CMA Authorised) info
Israel (ISA Authorised) info	No	No
South Africa (FSCA Authorised) info	No	No
UAE (DFSA, FSRA, or SCA Authorised) info	Yes	Yes info
India (SEBI Authorised) info	Yes	No
Jordan (JSC Authorised) info

Investments	Interactive Brokers	Eightcap
Forex Trading (Spot or CFDs) info	Yes	Yes
Tradeable Symbols (Total) info	8500	803
Forex Pairs (Total) info	90	55
U.S. Stocks (Shares) info	Yes	No
Global Stocks (Non-U.S. Shares) info	Yes	No
Copy Trading info	No	Yes info
Cryptocurrency (Underlying) info	Yes	No
Cryptocurrency (CFDs) 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).	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	Interactive Brokers	Eightcap
Average spread (EUR/USD) - Standard account info	0.59 info	1.0 info
All-in Cost EUR/USD - Active info	0.65 info	0.76
Inactivity Fee info	No	No
Order execution: Agency info	Yes	Yes
Order execution: Market Maker info	No	Yes

Funding	Interactive Brokers	Eightcap
Minimum Deposit info	$0	$100
PayPal (Deposit/Withdraw) info	No	Yes
Skrill (Deposit/Withdraw) info	No	Yes
Bank Wire (Deposit/Withdraw) info	Yes	Yes
Non-wire bank transfer info	Yes	No

Trading Platforms	Interactive Brokers	Eightcap
Proprietary Desktop Trading Platform info	Yes	No
Desktop Platform (Windows) info	Yes	Yes
Web Platform info	Yes	Yes
Copy Trading info	No	Yes info
MetaTrader 4 (MT4) info	No	Yes
MetaTrader 5 (MT5) info	No	Yes
cTrader info	No	No

Trading Tools	Interactive Brokers	Eightcap
Virtual Trading (Demo) info	Yes	Yes
Price Alerts info	Yes	Yes
Charting - Indicators / Studies (Total) info	155	30
Charting - Trade From Chart info	Yes	Yes
Charts can be saved info	Yes	Yes

Mobile Trading	Interactive Brokers	Eightcap
Android App info	Yes	Yes
Apple iOS App info	Yes	Yes
Mobile Price Alerts info	Yes	Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info	Yes	Yes
Mobile Charting - Indicators / Studies info	97	30
Mobile Charting - Draw Trendlines info	Yes	Yes
Mobile Charting - Trendlines Autosave info	No	Yes
Mobile Research - Economic Calendar info	Yes	Yes

Research	Interactive Brokers	Eightcap
Daily Market Commentary (Articles) info	Yes	Yes
Forex News (Top-Tier Sources) info	Yes	No
Autochartist info	No	No
Trading Central info	Yes	No
TipRanks info	Yes	No
Client sentiment data info	Yes	Yes
Economic Calendar info	Yes	Yes

Education	Interactive Brokers	Eightcap
Webinars info	Yes	Yes
Videos - Beginner Trading Videos info	Yes	Yes
Videos - Advanced Trading Videos info	Yes	No

Major Forex Pairs	Interactive Brokers	Eightcap
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info	Yes	Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review	Interactive Brokers Review	Eightcap Review

Overall	Interactive Brokers	Eightcap
Overall Rating info
Commissions & Fees
Range of Investments
Platforms & Tools
Mobile Trading
Research
Education
Trust Score info	99	85
Winner	check_circle
Review	Interactive Brokers Review	Eightcap Review