Eightcap vs IC Markets: licences compared

Side-by-side view of each broker's licences, regulator tiers and key facts. Remember that protection depends on which entity holds your account.

AttributeEightcapIC Markets
Licence Score69Strong65Strong
Strongest licence 1 Tier 1 1 Tier 1
Licences on record55
1 FCA United Kingdom Licensed—
1 ASIC Australia LicensedLicensed · AFSL 335692
2 CySEC Cyprus LicensedLicensed · Licence 362/18
3 CMA (Kenya) Kenya —Licensed
3 SCB Bahamas LicensedLicensed
4 FSA (Seychelles) Seychelles LicensedLicensed
Founded20092007
HeadquartersAustraliaAustralia
TypeForex & CFD brokerForex & CFD broker
Publicly listedNoNo
PlatformsMT4, MT5, TradingViewMT4, MT5, cTrader, TradingView
Minimum depositUS$100US$200
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Frequently asked questions

Is Eightcap or IC Markets better regulated?

Eightcap has the higher Licence Score (69 vs 65), based on the number and tier of licences, operating history and public listing.

Which regulators license both Eightcap and IC Markets?

Both are matched to licences from ASIC, CySEC, SCB and FSA (Seychelles).

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly due to leverage. Most retail investor accounts lose money when trading CFDs. Consider whether you understand how they work and whether you can afford to take the high risk of losing your money. Read more.