Written by ForexBrokers.com
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.
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.
Eightcap (founded 2009) and IFC Markets (founded 2006) are online brokers that are not publicly traded and are not banks. According to ForexBrokers.com, Eightcap carries a Trust Score of 87/99 (trusted), while IFC Markets scores 73/99 (average risk).
Regulatory standing favors Eightcap: it holds three Tier-1 licenses (considered highly trusted by ForexBrokers.com) and one Tier-2 license (trusted). IFC Markets holds one Tier-1 license and no Tier-2 licenses. For context, ForexBrokers.com Trust Scores of 90–99 are highly trusted, 80–89 trusted, 70–79 average risk, 60–69 high risk, and under 59 not trusted.
| Feature |
Eightcap
|
IFC Markets
|
|---|---|---|
| Year Founded | 2009 | 2006 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 5 |
Eightcap and IFC Markets both offer traders a mix of spread-based and commission-based pricing, but Eightcap comes out ahead on overall value for commissions and fees. Eightcap’s Raw account shows an average spread of 0.06 pips, and once the $3.50 per-side commission is included, the all-in cost is about 0.76 pips. That is slightly better than the industry average of 0.8 pips, and it helps explain why Eightcap earns 4.5 out of 5 stars and ranks #20 out of 36 brokers for commissions and fees.
IFC Markets is a bit less competitive on pricing for the average trader. Its EUR/USD spread averages 1.44 pips, which is higher than the industry average of 1.08 pips. For more active traders, the new ECN account can bring effective spreads down to about 1.1 pips after the 0.005% commission on both sides of the trade is added. IFC Markets also stands out for having no inactivity fee and offering active trader discounts, but its overall pricing still lands it behind Eightcap, with a 4 out of 5 stars rating and a #33 ranking out of 36 brokers.
In simple terms, Eightcap is generally the better pick if low trading costs are your main goal, while IFC Markets may appeal more to active traders who can take advantage of its ECN pricing and discounts. Even so, Eightcap’s lower all-in costs and stronger ranking make it the more cost-friendly choice overall.
| Feature |
Eightcap
|
IFC Markets
|
|---|---|---|
| Minimum Deposit | $100 | $1 |
| Average spread (EUR/USD) - Standard account | 1.0 | 1.44 |
| All-in Cost EUR/USD - Active | 0.76 | 1.1 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
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Eightcap and IFC Markets both give traders access to forex as CFDs or spot contracts, and each supports crypto CFDs rather than actual crypto ownership. That said, Eightcap offers a wider selection overall, with 803 tradeable symbols and 55 forex pairs, compared with IFC Markets’ 630 symbols and 49 forex pairs. Neither broker lets clients buy U.S.-listed exchange traded securities outright.
Where IFC Markets pulls ahead is in access to real shares on international exchanges and copy trading, both of which are not available at Eightcap. Even so, the two brokers are closely matched on range of investments overall, with both rated 3.5 out of 5 stars in this category. On ForexBrokers.com, Eightcap ranks #30 out of 36, while IFC Markets ranks #32 out of 36.
| Feature |
Eightcap
|
IFC Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 803 | 630 |
| Forex Pairs (Total) | 55 | 49 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | Yes |
| Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
Eightcap and IFC Markets both give traders a choice of desktop and web-based platforms, along with free demo accounts for practice. Each broker also supports MetaTrader 4 and MetaTrader 5, and both let you place trades directly from charts, which can make it easier to react quickly to price moves. In ForexBrokers.com’s Trading Platforms and Tools category, both brokers are rated 4 out of 5 stars, with Eightcap ranked #32 out of 36 and IFC Markets ranked #30 out of 36.
The biggest difference is that IFC Markets offers its own in-house platform and copy trading, while Eightcap does not. That may matter if you want a broker with more built-in platform choices or the ability to follow other traders’ moves. For many users, though, both brokers cover the main platform basics well, especially if you prefer MT4 or MT5 for charting and day-to-day trading.
| Feature |
Eightcap
|
IFC Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 100 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Eightcap and IFC Markets both make mobile trading easy for iPhone and Android users, and each app includes price alerts, watchlist syncing, trendline drawing, and automatic saving for chart drawings. Both brokers are also rated 4 out of 5 stars for mobile trading apps, so each offers a solid mobile experience for traders who want to manage positions on the go.
The main difference is in charting tools. Eightcap gives mobile traders access to 100 technical studies, while IFC Markets offers 30. That wider range gives Eightcap an edge for traders who want more chart analysis options in the app. This is also reflected in their ForexBrokers.com mobile trading app rankings, where Eightcap places #32 out of 36 brokers compared with IFC Markets at #35.
| Feature |
Eightcap
|
IFC Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 100 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Eightcap and IFC Markets are closely matched when it comes to market research. Both brokers provide daily market commentary, a sentiment tool that shows long and short positioning, and an economic calendar for tracking key global events. Neither broker offers forex news from major outlets like Bloomberg, Reuters, or Dow Jones, and neither includes research tools from Autochartist, Trading Central, or TipRanks.
The main difference is that Eightcap includes research tools from Acuity Trading, such as Signal Centre, while IFC Markets does not. Even so, both brokers are rated 3.5 out of 5 stars for research, with IFC Markets ranked slightly higher by ForexBrokers.com at #31 out of 36 brokers, compared with Eightcap at #34.
| Feature |
Eightcap
|
IFC Markets
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | No | No |
| Autochartist | No | No |
| Trading Central | No | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Eightcap and IFC Markets both give beginners a fair amount of help to get started, and each offers at least 10 beginner-focused videos on trading basics. Neither broker runs monthly educational webinars, so live learning options are limited for newcomers. Both are also rated 3.5 out of 5 stars for Education, which suggests an average learning setup rather than a standout one. Eightcap also appears to meet the standard for forex or CFD education content, while IFC Markets does as well, so each provides a usable base of learning material for people new to trading.
The main difference shows up when looking beyond beginner content. IFC Markets offers at least 10 advanced educational videos for more experienced traders, while Eightcap does not reach that mark. That extra depth helps IFC Markets edge ahead in the Education category overall, where it ranks #25 out of 36 brokers compared with Eightcap at #31. For beginners, though, the two brokers are fairly close, with IFC Markets offering a slightly wider path for traders who want to keep learning after the basics.
| Feature |
Eightcap
|
IFC Markets
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
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 #30, while IFC Markets finished with an overall rank of #34.
Eightcap enhances its status as a MetaTrader-only broker with support for a suite of third-party plug-ins, including TradingView.
| Feature |
Eightcap
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IFC Markets
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| Trust Score | 87 | 73 |
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In our Eightcap vs IFC Markets comparison, neither broker lets you buy actual delivered cryptocurrencies, but both support cryptocurrency CFD trading.
Eightcap vs IFC Markets: both brokers do not support ACH or SEPA and both allow bank wire transfers, but only Eightcap supports PayPal and Skrill for deposits and withdrawals.
Please 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.
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0 of 5| Overall Rating | Eightcap | IFC Markets | |
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| Trust Score | 87 | 73 | |
| Winner | check_circle | ||
| Review | Eightcap Review |
| Broker Screenshots | Eightcap | IFC Markets | |
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| Broker Gallery (click to expand) |
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| Regulation | Eightcap | IFC Markets | |
|---|---|---|---|
| Trust Score | 87 | 73 | |
| Year Founded | 2009 | 2006 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | ||
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 5 |
| Tier-1 Licenses (Highly Trusted) | Eightcap | IFC Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | ||
| Canada (CIRO Authorised) | No | ||
| Hong Kong (SFC Authorised) | No | ||
| Japan (FSA Authorised) | No | ||
| Singapore (MAS Authorised) | No | ||
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | ||
| USA (CFTC Authorized) | No | ||
| New Zealand (FMA Authorised) | No | ||
| Regulated in one or more EU or EEA countries (MiFID). | Yes |
| Tier-2 Licenses (Trusted) | Eightcap | IFC Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | ||
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or CMA Authorised) | Yes | ||
| India (SEBI Authorised) | No | ||
| Jordan (JSC Authorised) |
| Investments | Eightcap | IFC Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 803 | 630 | |
| Forex Pairs (Total) | 55 | 49 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | Yes | |
| Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 account | 1.0 | 1.44 | |
| All-in Cost EUR/USD - Active | 0.76 | 1.1 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Eightcap | IFC Markets | |
|---|---|---|---|
| Minimum Deposit | $100 | $1 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Eightcap | IFC Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | Eightcap | IFC Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 100 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Eightcap | IFC Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 100 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Eightcap | IFC Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | No | |
| Autochartist | No | No | |
| Trading Central | No | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Eightcap | IFC Markets | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes |
| Major Forex Pairs | Eightcap | IFC Markets | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Eightcap Review |
| Overall | Eightcap | IFC Markets | |
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| Trust Score | 87 | 73 | |
| Winner | check_circle | ||
| Review | Eightcap Review |
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