IG vs Eightcap

No editorial review available
Options and CFD contracts are complex instruments that involve a high risk of rapid losses due to leverage. 71% of all retail clients lose money when trading CFDs with this provider. You should consider whether you understand how CFD contracts work and whether you can afford to take the high risk of losing your money.
Information
Company Name
IG
Eightcap
Website
Phone
Not Available
+61 3 8375 9700
Address
United Kingdom
IG Cannon Bridge House, 25 Dowgate Hill, London EC4R 2YA, United Kingdom
Australia
Melbourne, Victoria, Australia
Support Hours
24h/day Monday-Friday; limited weekend hours
24/5
Year Founded
1974
2015
Pros
CFD trading platform
Over 40 years in the industry
17,000 markets available
Tight spreads from 0.0 pips
Minimum deposit of only 100 USD
Easy and quick to open an account
Commission-free trading on tech stocks
Cons
No cons available
Limited crypto leverage
Only CFD trading available
Narrow selection of instruments to trade
Commission of 3.50 USD per trade on Raw account
Rating
Assets
Not Available
Not Available
Payment Methods
Bank transfer
Credit/Debit card
Neteller
Not available
PayPal
Not available
Skrill
Not available
Features
Affiliate program
Not available
Android app
Not available
API support
Not available
Business account
Not available
CFD trading
Not available
Email support
Not available
ETF trading
Not available
Live chat
Not available
Margin trading
Not available
Options trading
Not available
Fees & More
Currency Exchange Fee
0.8%
Not available
Deposit Fee
$0
$0
Withdrawal Fee
Not available
$0
Minimum Deposit
$0
$100
Inactivity Fee
Yes
Yes
Overnight Fee
Yes
Yes
KYC
Required
Required
Regulatory Status
Regulated entity varies by country; IG International Limited is licensed by the Bermuda Monetary Authority; UK entity is FCA regulated
Regulated entities include SCB Bahamas, Seychelles FSA, Mauritius FSC and ASIC-regulated AU entity; entity depends on country
Leverage Available
CFD/margin leverage available; limits depend on product and jurisdiction
CFD leverage/margin available; limits depend on entity, product and jurisdiction
Fiat Currencies
USD
EUR
GBP
AUD
SGD
HKD
USD
EUR
GBP
AUD
CAD
SGD
NZD

