IFC Markets is an online broker that offers trading services in forex, CFDs, commodities, indices and cryptocurrencies. It was founded in 2006 and is regulated by the British Virgin Islands Financial Services Commission (BVI FSC). It has offices in Cyprus, Hong Kong and Vietnam.
Eightcap is an online broker that offers trading services in forex, CFDs, commodities, indices and cryptocurrencies. It was founded in 2009 and is regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC). It has offices in Australia, Bulgaria, China and Vietnam.
IFC Markets vs Eightcap Regulation Comparison
Broker
Regulator
License Number
Compensation Scheme
IFC Markets
BVI FSC
SIBA/L/14/1073
No
Eightcap
ASIC
391441
Yes, up to AUD 20,000
Eightcap
VFSC
40377
No
IFC Markets vs Eightcap Trading Assets Comparison
Broker
Currency Pairs
Cryptocurrency CFDs
Index CFDs
Share CFDs
Commodities CFDs
IFC Markets
50+
26+
15+
400+ (NetTradeX platform only)
18+
Eightcap
40+
250+ (MT5 platform only)
10+
400+ (MT5 platform only)
4+
IFC Markets vs Eightcap Trading Fees Comparison
Broker
Account Type
EUR/USD Average Spread
Commission per Lot (USD)
IFC Markets
Standard-Fixed Account (MT4)
1.8 pips (fixed)
None
IFC Markets
Standard-Floating Account (MT4)
1.4 pips (variable)
None
IFC Markets
Beginner Account (NetTradeX)
1.8 pips (fixed)
None
IFC Markets
Micro Account (NetTradeX)
1.8 pips (fixed)
None
IFC Markets
Standard Account (NetTradeX)
1.4 pips (variable)
None
IFC Markets
Unlim Account (NetTradeX)
0.4 pips (variable) + market spread
$6
Eightcap
Standard Account (MT4/MT5)
1.0 pips (variable) + market spread
None
Eightcap
Raw Account (MT4/MT5)
0.06 pips (variable) + market spread
$3.50
IFC Markets vs Eightcap Account Types Comparison
Broker
Account Type
Minimum Deposit
Maximum Leverage
IFC Markets
Standard-Fixed Account (MT4)
$1
Up to 400:1
IFC Markets
Standard-Floating Account (MT4)
$1
Up to 400:1
IFC Markets
Beginner Account (NetTradeX)
$1
Up to 400:1
IFC Markets
Micro Account (NetTradeX)
$1
Up to 400:1
IFC Markets
Standard Account (NetTradeX)
$1000
Up to 200:1
IFC Markets
Unlim Account (NetTradeX)
$1000
Up to 200:1
Eightcap
Standard Account (MT4/MT5)
$100
Up to 500:1
Eightcap
Raw Account (MT4/MT5)
$500
Up to 500:1
IFC Markets vs Eightcap Deposit Options Comparison
Broker
Deposit Methods
Withdrawal Methods
Fees
IFC Markets
Bank Wire Transfer, Credit/Debit Card, Skrill, Neteller, WebMoney, OKPAY, Perfect Money, QIWI, FasaPay, China UnionPay, Bitcoin
Bank Wire Transfer, Credit/Debit Card, Skrill, Neteller, WebMoney, OKPAY, Perfect Money, QIWI, FasaPay, China UnionPay, Bitcoin
No deposit fees. Withdrawal fees may apply depending on the method and amount.
Eightcap
Bank Wire Transfer, Credit/Debit Card, Skrill, Neteller, POLi Payments, BPAY
Bank Wire Transfer, Credit/Debit Card, Skrill, Neteller
No deposit or withdrawal fees.
IFC Markets vs Eightcap Trading Platforms Comparison
Broker
Trading Platforms
IFC Markets
MetaTrader 4 (MT4), NetTradeX
Eightcap
MetaTrader 4 (MT4), MetaTrader 5 (MT5)
IFC Markets vs Eightcap Analytical Tools Comparison
Broker
Analytical Tools
IFC Markets
Economic Calendar, Market Sentiment Indicator, Trading Central Signals and Analysis, Portfolio Quoting Method (PQM), GeWorko Method
Eightcap
Economic Calendar, Trading Central Signals and Analysis
IFC Markets vs Eightcap. Which forex broker is better? Which forex broker should you choose?
Choosing a forex broker depends on your personal preferences, trading style, goals and risk appetite. You should compare the features, benefits, and limitations of each broker and decide which broker is right for you.
You should also do your own research and due diligence before opening an account with any broker. Trading is a serious business and you should be well-informed and prepared before you begin.
