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IG vs Eightcap

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No editorial review available

Options and CFD contracts are complex instruments that involve a high risk of rapid losses due to leverage. 72% 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

Email

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
  • CFD trading platform
  • Over 40 years in the industry
  • 17,000 markets available
Tight spreads from 0.0 pips
  • 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

Based on 0 ratings

User rating

0.0 / 5
Ease of Use 0.0
Value for Money 0.0
Verification 0.0
Support 0.0

Our rating

4.3 / 5
Ease of Use 4.0
Value for Money 4.0
Verification 4.0
Support 5.0

Based on 0 ratings

User rating

0.0 / 5
Ease of Use 0.0
Value for Money 0.0
Verification 0.0
Support 0.0

Our rating

4.0 / 5
Ease of Use 4.0
Value for Money 4.0
Verification 3.0
Support 5.0

Assets

Not Available

Not Available

Payment Methods

Bank transfer

Available
Available

Credit/Debit card

Available
Available

Neteller

Not available

Available

PayPal

Not available

Available

Skrill

Not available

Available

Features

Affiliate program

Available

Not available

Android app

Available

Not available

API support

Available

Not available

Business account

Available

Not available

CFD trading

Available

Not available

Email support

Available

Not available

ETF trading

Available

Not available

Live chat

Available

Not available

Margin trading

Available

Not available

Options trading

Available

Not available

Phone support

Available

Not available

Stock trading

Available

Not available

Two-factor authentication (2FA)

Available

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

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