EightCapvs
Interactive BrokersForex Broker Comparison
Two widely regulated brokers clash over cost, platforms, and global reach. The tension centers on platform choice and instrument range shaping trader priorities.
Who should choose EightCap vs Interactive Brokers?
Find out which broker best suits your trader profile.
Choose if…
Choose EightCap if you want MT4/MT5, cTrader and TradingView on one account.
Choose if…
Choose Interactive Brokers if you want 17,000 markets and the Trader Workstation platform.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
EightCap vs Interactive Brokers: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.3/ 5 | 4.6/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.4 / 5 | 4.8 / 5▲ |
EightCap vs Interactive Brokers Forex Broker Pros & Cons
Pros
MT4, MT5, cTrader, and TradingView all available on one account
Capitalise.ai code-free automation included at no extra cost
ASIC (391441) and FCA (921296) dual regulation
Razor account: raw EUR/USD from 0.0 pips at $7 round-turn commission
No minimum deposit on Standard account
EightCap vs Interactive Brokers: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
2
EightCap
criteria wins
1
Interactive Brokers
criteria win
Highlighted rows show where the two brokers differ
| Criteria | EightCap | Interactive Brokers |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
EightCap vs Interactive Brokers: Frequently Asked Questions
The scores are close: EightCap rates 4.3/5 and Interactive Brokers rates 4.6/5. Interactive Brokers has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
EightCap starts from 0 pips, tighter than Interactive Brokers's 0.2 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Interactive Brokers has no minimum deposit, while EightCap requires at least $100. This makes Interactive Brokers more accessible for traders with limited starting capital.
Both EightCap and Interactive Brokers hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: Interactive Brokers has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
EightCap lists maximum leverage of 500:1, while Interactive Brokers lists up to 50:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Interactive Brokers charges $2 per lot, lower than EightCap's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
EightCap supports cTrader, MetaTrader 5, TradingView, MetaTrader 4, while Interactive Brokers supports Trader Workstation (TWS), Proprietary Web/Mobile. EightCap has exclusive access to cTrader and MetaTrader 5 and TradingView and MetaTrader 4. Interactive Brokers has exclusive access to Trader Workstation (TWS) and Proprietary Web/Mobile.
