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Interactive Brokers vs Eightcap 2026

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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

Interactive Brokers
5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 99
  • Tradeable Symbols (Total): 8500
Eightcap
4/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 87
  • Tradeable Symbols (Total): 803

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 and Eightcap are both regulated online brokers, but their profiles differ. Interactive Brokers, founded in 1977, is publicly traded and not a bank. Eightcap, founded in 2009, is privately held and also not a bank. According to the ForexBrokers.com Trust Score, Interactive Brokers scores 99/99 (highly trusted, 90–99), while Eightcap scores 87/99 (trusted, 80–89).

Regulatory breadth is another key difference. Interactive Brokers holds 8 Tier-1 licenses (considered highly trusted by ForexBrokers.com) and 2 Tier-2 licenses. Eightcap holds 3 Tier-1 licenses and 1 Tier-2 license. In short, both are regulated and trusted, but Interactive Brokers carries the highest Trust Score and a wider set of top-tier licenses.

Feature Interactive Brokers logoInteractive Brokers
Eightcap logoEightcap
Year Founded info 1977 2009
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 8 3
Tier-2 Licenses info 2 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 2

Fees

Interactive Brokers vs. Eightcap: on forex commissions and fees, Interactive Brokers generally comes out cheaper for many traders. In Q3 2024, we observed an average EUR/USD spread of 0.19 pips at Interactive Brokers, translating to an all-in cost around 0.59 pips after commission. Eightcap’s commission-based Raw account posts an average spread of 0.06 pips, but once you add the $3.50 per-side commission, the all-in cost is about 0.76 pips (just under the 0.8-pip industry average). Ratings and rankings back this up: Interactive Brokers earns 5 stars and ranks #2 out of 63 brokers for Commissions and Fees, while Eightcap earns 4.5 stars and ranks #20.

Interactive Brokers charges a commission instead of marking up spreads, aggregating prices from 17 major interbank dealers. Typical commission works out to roughly $4 per round turn on a standard $100,000 forex trade (about 0.40 pips in commission-equivalent), on top of the live spread; smaller trade sizes feel the $2-per-side minimum more. High-volume traders can unlock lower minimums (down to $1 per order at very large monthly volumes). IBKR Lite and IBKR Pro both support forex, but neither is commission-free.

Eightcap offers two pricing paths: the spread-only Standard account, or the Raw account with tighter spreads plus a $3.50 per-side commission. Using the Raw account, the average 0.06-pip spread on EUR/USD becomes about 0.76 pips all-in after commission. That’s competitive and under the industry average, though still a touch higher than what many active traders may achieve at Interactive Brokers.

Feature Interactive Brokers logoInteractive Brokers
Eightcap logoEightcap
Minimum Deposit info $0 $100
Average spread (EUR/USD) - Standard account info 0.226 info 1.0 info
All-in Cost EUR/USD - Active info 0.226 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.

Featured Offers


Range of investments

Interactive Brokers vs Eightcap: When it comes to range of investments, Interactive Brokers offers far more to trade. You’ll find 8,500 tradeable symbols and 90 forex pairs at Interactive Brokers, compared with 803 symbols and 55 forex pairs at Eightcap. Both let you trade forex as CFDs or spot. A key difference is stock access: Interactive Brokers lets you buy exchange-traded shares on U.S. and international markets (like Apple or Vodafone), while Eightcap does not offer exchange-traded stocks. For crypto, Interactive Brokers supports buying actual cryptocurrencies, but not crypto CFDs; Eightcap offers crypto CFDs, but not actual crypto. Eightcap also supports copy trading, which Interactive Brokers does not.

These differences show up in the ratings: Interactive Brokers earns 5 stars and ranks #1 of 63 brokers for Range of Investments, while Eightcap is rated 3.5 stars and ranks #29. If you want the widest selection—including real stocks and real crypto—Interactive Brokers is the better fit. If your focus is CFD trading with access to copy trading, Eightcap may suit your needs.

Feature Interactive Brokers logoInteractive Brokers
Eightcap logoEightcap
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 No 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 offer free paper trading so you can practice before risking real money. Interactive Brokers provides its own in-house platform alongside a Windows desktop download and a web-based platform; Eightcap also supports Windows and web trading but relies on third‑party platforms rather than a proprietary one. Both brokers let you place trades directly from charts and create watchlists to track markets in real time.

For platform features, the biggest split is MetaTrader and copy trading: Eightcap supports copy trading and offers MetaTrader 4 (MT4) and MetaTrader 5 (MT5), while Interactive Brokers does not. However, Interactive Brokers earns a higher score for trading platforms and tools overall, rated 5 stars and ranked #2 out of 63 brokers by ForexBrokers.com, compared with Eightcap’s 4 stars and #31 rank. If you want MT4/MT5 and copy trading, Eightcap fits well; if you prefer a top-rated, in-house platform suite, Interactive Brokers stands out.

Feature Interactive Brokers logoInteractive Brokers
Eightcap logoEightcap
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 deliver full-featured mobile trading apps for iPhone and Android. Each app supports price alerts and watchlist syncing, so your symbols stay consistent between mobile and your online account. If you want basic charting tasks on the go, both apps let you draw trendlines and monitor markets without hassle.

Charting depth is where the two differ most: Interactive Brokers offers 155 technical studies in its mobile app, while Eightcap provides 30. Eightcap, however, auto-saves chart drawings, whereas Interactive Brokers does not. Based on our data, Interactive Brokers earns 5 stars and ranks #4 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com; Eightcap earns 4 stars and ranks #31. Choose Interactive Brokers for more advanced mobile charting, or pick Eightcap if auto-saving drawings and a simpler toolkit fit your style.

Feature Interactive Brokers logoInteractive Brokers
Eightcap logoEightcap
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 155 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 cover the basics of market research: daily market commentary, an economic calendar, sentiment tools that show the long/short split, and extras from Acuity Trading (such as Signal Centre). The big differences are in premium add-ons. Interactive Brokers delivers forex news from top-tier sources (e.g., Bloomberg, Reuters, Dow Jones), plus Trading Central analytics and TipRanks research—none of which are available at Eightcap. Neither broker includes Autochartist.

These gaps show up in independent scores: Interactive Brokers earns 5 stars for Research and ranks #3 out of 63 brokers at ForexBrokers.com, while Eightcap is rated 3.5 stars and ranks #33. If you want headline-grade news and more third-party analysis, Interactive Brokers is the stronger choice. If you only need core tools like commentary, calendars, and sentiment data, Eightcap covers the essentials.

Feature Interactive Brokers logoInteractive Brokers
Eightcap logoEightcap
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

Interactive Brokers and Eightcap both give beginners a solid start with education. Each hosts online client webinars at least once a month and offers at least 10 beginner-focused trading videos, so you can learn the basics through scheduled sessions and on-demand lessons.

Where they differ is depth. Interactive Brokers also provides at least 10 advanced trading videos, while Eightcap does not meet that mark. That gap shows in the scores: Interactive Brokers earns 5 stars for Education and ranks #1 out of 63 brokers at ForexBrokers.com, whereas Eightcap earns 3.5 stars and ranks #31. If you want beginner content with clear room to grow into more advanced topics, Interactive Brokers is the stronger choice; Eightcap covers the essentials and adds regular webinars for ongoing support.

Feature Interactive Brokers logoInteractive Brokers
Eightcap logoEightcap
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 #30.

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 logoInteractive Brokers
Eightcap logoEightcap
Overall Rating info 5/5 Stars 4/5 Stars
Trust Score info 99 87
Range of Investments 5/5 Stars 3.5/5 Stars
Trading Fees 5/5 Stars 4.5/5 Stars
Trading Platforms 5/5 Stars 4/5 Stars
Research 5/5 Stars 3.5/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Education 5/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with Interactive Brokers or Eightcap?

When comparing online brokers, Interactive Brokers lets you buy actual delivered cryptocurrency (but does not offer crypto CFDs), while Eightcap offers cryptocurrency trading via CFDs (but does not support buying the underlying coins).

What funding options does each broker offer?

Interactive Brokers vs Eightcap: for deposit and withdrawal options, Interactive Brokers supports ACH/SEPA and bank wire transfers but not PayPal or Skrill, while Eightcap supports PayPal, Skrill, and bank wire transfers but not ACH/SEPA (Visa/Mastercard not specified for either).




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.

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Compare

0 of 5
Overall Rating Interactive Brokers Eightcap
Overall Rating info 5/5 Stars 4/5 Stars
Trading Fees 5/5 Stars 4.5/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Trading Platforms 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 5/5 Stars 3.5/5 Stars
Education 5/5 Stars 3.5/5 Stars
Trust Score info 99 87
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 87
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 8 3
Tier-2 Licenses info 2 1
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 (FSA 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 CMA 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 No 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 0.226 info 1.0 info
All-in Cost EUR/USD - Active info 0.226 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 155 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 5/5 Stars 4/5 Stars
Trading Fees 5/5 Stars 4.5/5 Stars
Range of Investments 5/5 Stars 3.5/5 Stars
Trading Platforms 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 5/5 Stars 3.5/5 Stars
Education 5/5 Stars 3.5/5 Stars
Trust Score info 99 87
Winner check_circle
Review Interactive Brokers Review Eightcap Review
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