Eightcap vs Interactive Brokers 2026: which is better?
We compared Eightcap and Interactive Brokers on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- Eightcap offers a swap-free Islamic account; Interactive Brokers does not.
- Eightcap offers MetaTrader 4, MetaTrader 5, which Interactive Brokers does not.
- Interactive Brokers holds 10 licences from strong regulators, against 2 for Eightcap.
- The minimum deposit at Interactive Brokers is $0, against $100 at Eightcap.
- Interactive Brokers offers Web Trader, Mobile App, which Eightcap does not.
Comparison table
| Comparison table |
Eightcap
Broker
|
Interactive Brokers
Broker
|
|---|---|---|
| Licences | FCA, ASIC, CySEC, FSA, SCB, FSC (MU) | FCA, ASIC, SEC, FINRA, CFTC, NFA, CBI, CIRO, SFC, MAS Best |
| Minimum deposit | $100 | $0 Best |
| Maximum leverage | 1:500 | 1:30 |
| Trading platforms | MetaTrader 4, MetaTrader 5, TradingView | Trader Workstation, IBKR Desktop, Client Portal, IBKR GlobalTrader, Web Trader, Mobile App, TradingView |
| Markets | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) |
| Islamic account | ✓ Yes | — |
| Demo account | ✓ Yes | ✓ Yes |
| Founded | 2015 | 1977 |
| Headquarters | Melbourne, Australia | Greenwich, United States |
| Read the review | Read the review |
Data is for information only and may change; always check the official website before opening an account.
Add a third broker to the comparison
Choose Eightcap if you
- need a swap-free Islamic account
- use MetaTrader 4, MetaTrader 5
Choose Interactive Brokers if you
- want more licences from strong regulators
- want to start with less money
- use Web Trader, Mobile App
Frequently asked questions
Which is better, Eightcap or Interactive Brokers?
We compared Eightcap and Interactive Brokers on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. Eightcap offers a swap-free Islamic account; Interactive Brokers does not. Eightcap offers MetaTrader 4, MetaTrader 5, which Interactive Brokers does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are Eightcap and Interactive Brokers regulated?
Eightcap licences: FCA, CySEC, ASIC, FSA, SCB, FSC (MU). Interactive Brokers licences: FCA, ASIC, SEC, FINRA, CFTC, NFA, CBI, CIRO, SFC, MAS.
What is the minimum deposit at Eightcap and Interactive Brokers?
Eightcap: $100. Interactive Brokers: $0.
Do Eightcap and Interactive Brokers offer an Islamic account?
Eightcap: Yes. Interactive Brokers: No.