Side-by-side regulation, licences, protection facts and source coverage.
Australia · ASIC
Only the selected country and entities. Not account approval or a safety rating.
What will you pay for?
AU · Eightcap Pty Ltd
Raw USD accounts: USD3.50/lot/side. Standard: from 1 pip; shares incur commission.
Public documents for the named entity/account. Confirm residence acceptance when applying.
AU · International Capital Markets Pty Ltd
MT4 Raw: USD3.50 on USD accounts or AUD4.50 on AUD accounts per standard lot per side. Standard: zero commission; EUR/USD minimum 0.8 pips.
Australian entity disclosures; check account/product applicability.
Account-currency rates for FX/metals. cTrader/TradingView instead charge USD3 per USD100,000 per side. Published minimums are not measured averages.
MT4 Raw commission — account currency / standard lot; EURUSD minimum; cTrader terms ↗ · 2026-09-30Which tools can you use?
AU · Eightcap Pty Ltd
MT4, MT5 and TradingView.
Public documents for the named entity/account. Confirm residence acceptance when applying.
AU · International Capital Markets Pty Ltd
MT4/MT5; cTrader/TradingView use a separate Raw account.
Australian entity disclosures; check account/product applicability.
Who is covered, and how?
AU · Eightcap Pty Ltd
PDS provides negative balance protection, with a cross-account netting clause.
Public documents for the named entity/account. Confirm residence acceptance when applying.
Confirm the PDS version used for the application.
PDS — section 6.3 ↗ · 2026-09-29AU · International Capital Markets Pty Ltd
FAQ states retail negative balance protection.
Australian entity disclosures; check account/product applicability.
Does not establish Pro coverage or insolvency compensation.
FAQ — Do you offer negative balance protection? ↗ · 2026-09-29Swipe horizontally to compare the same field.
| Costs | EightcapAU · Eightcap Pty LtdSources and caveats ↗ · 2026-09-29 | IC MarketsAU · International Capital Markets Pty LtdSources and caveats ↗ · 2026-09-30 |
|---|---|---|
| Published minimum spread | Standard1 pip Pair unspecified | Standard0.8 pips EUR/USD |
| Trading commission | Raw · USDUSD3.50 per lot / side | MT4 Raw · USDUSD3.50 per lot / side MT4 Raw · AUDAUD4.50 per lot / side Standard0 FX/metals. Match account currency and platform. |
| Holding charges | Figure not recorded | Figure not recorded |
| Currency conversion | Figure not recorded | Figure not recorded |
| Other charges | Figure not recorded | Figure not recorded |
Compare only matching accounts, instruments and currencies. Unrecorded does not mean free. Minimums are not observed averages.
Eightcap Pty Ltd: Raw USD accounts: USD3.50/lot/side. Standard: from 1 pip; shares incur commission.
Compare accounts — currency-specific commission ↗ · 2026-09-29International Capital Markets Pty Ltd: MT4 Raw: USD3.50 on USD accounts or AUD4.50 on AUD accounts per standard lot per side. Standard: zero commission; EUR/USD minimum 0.8 pips.
Account-currency rates for FX/metals. cTrader/TradingView instead charge USD3 per USD100,000 per side. Published minimums are not measured averages.
MT4 Raw commission — account currency / standard lot; EURUSD minimum; cTrader terms ↗ · 2026-09-30Include the Raw USD commission per side when comparing with Standard. Read official source ↗
Check the contracting entity and current terms when applying. Identity checks and approval still apply. Read official source ↗
For Raw, match MT4 commission to your account currency. Read official source ↗
1 slot open
2 brokers in this comparison
Only evidence for the selected country and entity. Unrecorded does not mean absent.
Eightcap
Eightcap Pty Ltd
IC Markets
International Capital Markets Pty Ltd
Eightcap
Unconfirmed in this scope
IC Markets
CFD terms, TMD and identity-document requirements published.
Source ↗ · 2026-09-29Eightcap
Eightcap Pty Ltd: Raw USD accounts: USD3.50/lot/side. Standard: from 1 pip; shares incur commission.
Source ↗ · 2026-09-29IC Markets
International Capital Markets Pty Ltd: MT4 Raw: USD3.50 on USD accounts or AUD4.50 on AUD accounts per standard lot per side. Standard: zero commission; EUR/USD minimum 0.8 pips.
Account-currency rates for FX/metals. cTrader/TradingView instead charge USD3 per USD100,000 per side. Published minimums are not measured averages.
Source ↗ · 2026-09-30Eightcap
Eightcap Pty Ltd: PDS provides negative balance protection, with a cross-account netting clause.
Confirm the PDS version used for the application.
Source ↗ · 2026-09-29IC Markets
International Capital Markets Pty Ltd: FAQ states retail negative balance protection.
Does not establish Pro coverage or insolvency compensation.
Source ↗ · 2026-09-29Eightcap
Eightcap Pty Ltd: MT4, MT5 and TradingView.
Source ↗ · 2026-09-29IC Markets
International Capital Markets Pty Ltd: MT4/MT5; cTrader/TradingView use a separate Raw account.
Source ↗ · 2026-09-29Eightcap
Include the Raw USD commission per side when comparing with Standard.
Source ↗ · 2026-09-29IC Markets
Check the contracting entity and current terms when applying. Identity checks and approval still apply.
Source ↗ · 2026-09-29For Raw, match MT4 commission to your account currency.
Source ↗ · 2026-09-30Eightcap Pty Ltd
ASIC · 391441
Matched to regulator records · Status wording: see source
This does not establish resident eligibility. Check the contracting entity and access conditions separately.
Public entity/licence records grouped by the regulator’s country.
Authority source · Consulted: 2026-09-12
International Capital Markets Pty Ltd
ASIC · 335692
Matched to regulator records · Status wording: see source
Residence route and the register’s current detailed permissions are not independently confirmed in this note.
Application-condition research. Approval and account opening are not guaranteed.
CFD terms, TMD and identity-document requirements published.
The Australian entity lists CFD documents separately from South African terms and requires identity documents before opening. Absence from an exclusion list is not affirmative eligibility.
MT4 Raw: USD3.50 on USD accounts or AUD4.50 on AUD accounts per standard lot per side. Standard: zero commission; EUR/USD minimum 0.8 pips.
Account-currency rates for FX/metals. cTrader/TradingView instead charge USD3 per USD100,000 per side. Published minimums are not measured averages.
Read official source ↗ · 2026-09-30MT4/MT5; cTrader/TradingView use a separate Raw account.
Read official source ↗ · 2026-09-29FAQ states retail negative balance protection.
Does not establish Pro coverage or insolvency compensation.
Read official source ↗ · 2026-09-29Your next check: Check the contracting entity and current terms when applying. Identity checks and approval still apply.
Read official source ↗IC Markets Australia — Legal documents · Source checked:
The Australian site reports this legal entity and AFS licence.
Authority source · Consulted: 2026-09-19
This catalog comparison is not limited to the selected country or entities. Do not apply another entity’s protections to the entities above.
Recorded evidence depth differs. Every broker here is compared in the same catalog-applicable scope, but the selected files do not record evidence to the same depth.
This comparison covers recorded entities. Country eligibility is confirmed separately in Finder.
3 not catalog-applicable
2 not catalog-applicable
File completeness / evidence coverage. Not a safety rating.
A legal entity is stored, but it is not catalog-applicable to this website.
A legal entity is stored, but it is not catalog-applicable to this website.
Stored website URL. Not an open-account destination.
Each licence stays attached to its legal entity.
1 entity
1 licence · 1 verified of 1 · ASIC
Eightcap Pty Ltd
Australia · 73139495944
Catalog-applicable to this website
ASIC · 391441
Matched to regulator records · listed on ASIC current AFS licensee extract; live Professional Registers Search UI was not opened
ASIC register2 entities
2 licences · 1 verified of 2 · 1 unresolved · FSA · ASIC
IC Markets (SC) Ltd
Seychelles
Catalog-applicable to this website
FSA · —
Unverified · Not independently recorded
Primary-source evidence not yet availableInternational Capital Markets Pty Ltd
Australia · 123289109
Catalog-applicable to this website
ASIC · 335692
Matched to regulator records · matched on ASIC current AFS extract 202609 as INTERNATIONAL CAPITAL MARKETS PTY. LTD.; start date 02/07/2009
ASIC register1 of 2 confirmed
IC Markets (SC) Ltd
Seychelles
Not yet checked
International Capital Markets Pty Ltd
Australia
Confirmed
Not recorded in this file
IC Markets (SC) Ltd
Seychelles
Not yet checked
International Capital Markets Pty Ltd
Australia
Not yet checked
Not recorded in this file
IC Markets (SC) Ltd
Seychelles
Not yet checked
International Capital Markets Pty Ltd
Australia
Not offered
| Compare brokers | 1 verified of 12 unresolved | 1 verified of 24 unresolved |
|---|---|---|
Evidence SnapshotCatalog-applicable coverage counts currently recorded for each file. | ||
| Recorded legal entitiesSame recorded value | 4 recorded | 4 recorded |
| Catalog-applicable entitiesDifferent | 1 displayed 3 not catalog-applicable | 2 displayed 2 not catalog-applicable |
| Recorded licencesDifferent | 1 recorded | 2 recorded |
| Verified catalog licencesDifferent | 1 of 1 recorded licences | 1 of 2 recorded licences |
| Unverified catalog licencesDifferent | 0 unverified | 1 unverified |
| Primary regulator sourcesSame recorded value | 1 source available | 1 source available |
| Protection recordsDifferent | Recorded for 0 of 1 entities | Recorded for 2 of 2 entities |
| Regulatory eventsSame recorded value | Not recorded in this file | Not recorded in this file |
| Evidence freshnessDifferent | Sep 12, 2026 | Sep 19, 2026 |
| Unresolved comparison issuesDifferent |
|
|
| Research confidenceDifferentFile completeness / evidence coverage. Not a safety rating. | Medium | High |
| Profile facts checkedDifferent | — | Aug 20, 2026 |
| Data coverageDifferent | Basic profile A legal entity is stored, but it is not catalog-applicable to this website. | Regulation monitored A legal entity is stored, but it is not catalog-applicable to this website. |
| Evidence limitationsSame recorded value |
|
|
| Official websiteDifferentStored website URL. Not an open-account destination. | eightcap.com | icmarkets.com |
Entities & RegulationLicences attach to legal entities, not marketing brands. | ||
| Legal entitiesDifferentEach licence stays attached to its legal entity. | 1 entity 1 licence · 1 verified of 1 · ASIC View entity detail
| 2 entities 2 licences · 1 verified of 2 · 1 unresolved · FSA · ASIC View entity detail
|
| Stored regulatory eventsAbsence of a stored event is not a finding. | Not in this file yet | Not in this file yet |
Client ProtectionClient-money facts are stored by legal entity. | ||
| Negative balance protectionDifferent | Not recorded in this file | 1 of 2 confirmed Legal entities: 2
|
| Segregated client fundsDifferent | Not recorded in this file | Not recorded in this file Legal entities: 2
|
| Investor compensationDifferent | Not recorded in this file | Not recorded in this file Legal entities: 2
|
Trading & PlatformsAdvertised account figures and recorded platforms on file. | ||
| Execution modelSame recorded valueNot recorded as a separate field in this file. | Not in this file yet | Not in this file yet |
| Advertised spreadSame recorded value | Not in this file yet | Not in this file yet |
| CommissionSame recorded value | Not in this file yet | Not in this file yet |
| LeverageSame recorded value | Not in this file yet | Not in this file yet |
| Minimum depositSame recorded value | Not in this file yet | Not in this file yet |
| Instrument coverageSame recorded value | Not in this file yet | Not in this file yet |
| PlatformsSame recorded value | Not in this file yet | Not in this file yet |
| Account typesSame recorded value | Not in this file yet | Not in this file yet |
| Base currenciesSame recorded value | Not in this file yet | Not in this file yet |
Catalog-applicable coverage counts currently recorded for each file.
Recorded legal entities
Same recorded valueCatalog-applicable entities
DifferentRecorded licences
DifferentVerified catalog licences
DifferentUnverified catalog licences
DifferentPrimary regulator sources
Same recorded valueProtection records
DifferentRegulatory events
Same recorded valueEvidence freshness
DifferentUnresolved comparison issues
DifferentResearch confidence
DifferentFile completeness / evidence coverage. Not a safety rating.
Profile facts checked
DifferentData coverage
DifferentA legal entity is stored, but it is not catalog-applicable to this website.
A legal entity is stored, but it is not catalog-applicable to this website.
Evidence limitations
Same recorded valueOfficial website
DifferentStored website URL. Not an open-account destination.
Licences attach to legal entities, not marketing brands.
Legal entities
DifferentEach licence stays attached to its legal entity.
1 entity
1 licence · 1 verified of 1 · ASIC
Eightcap Pty Ltd
Australia · 73139495944
Catalog-applicable to this website
ASIC · 391441
Matched to regulator records · listed on ASIC current AFS licensee extract; live Professional Registers Search UI was not opened
ASIC register2 entities
2 licences · 1 verified of 2 · 1 unresolved · FSA · ASIC
IC Markets (SC) Ltd
Seychelles
Catalog-applicable to this website
FSA · —
Unverified · Not independently recorded
Primary-source evidence not yet availableInternational Capital Markets Pty Ltd
Australia · 123289109
Catalog-applicable to this website
ASIC · 335692
Matched to regulator records · matched on ASIC current AFS extract 202609 as INTERNATIONAL CAPITAL MARKETS PTY. LTD.; start date 02/07/2009
ASIC registerStored regulatory events
Absence of a stored event is not a finding.
Client-money facts are stored by legal entity.
Negative balance protection
Different1 of 2 confirmed
IC Markets (SC) Ltd
Seychelles
Not yet checked
International Capital Markets Pty Ltd
Australia
Confirmed
Segregated client funds
DifferentNot recorded in this file
IC Markets (SC) Ltd
Seychelles
Not yet checked
International Capital Markets Pty Ltd
Australia
Not yet checked
Investor compensation
DifferentNot recorded in this file
IC Markets (SC) Ltd
Seychelles
Not yet checked
International Capital Markets Pty Ltd
Australia
Not offered
Advertised account figures and recorded platforms on file.
Execution model
Same recorded valueNot recorded as a separate field in this file.
Advertised spread
Same recorded valueCommission
Same recorded valueLeverage
Same recorded valueMinimum deposit
Same recorded valueInstrument coverage
Same recorded valuePlatforms
Same recorded valueAccount types
Same recorded valueBase currencies
Same recorded valueCheck the contracting entity and current terms on the official website before applying. A website link does not confirm account approval.
Category-level differences drawn from the evidence recorded in this comparison. A category is held by one broker or by none, and the page never adds them into an overall result.
Broader recorded licence coverage
IC Markets
IC Markets has more recorded licences across more regulators in this scope.
Fewer unresolved comparison issues
Eightcap
Eightcap has the fewest open comparison issues in this scope. Open issues are research still outstanding, not adverse findings.
More recorded client-protection evidence
IC Markets
IC Markets has the most confirmed segregation, negative-balance and compensation records in this scope.
These are category-level recorded differences, not overall ratings.
For recorded regulatory coverage
IC Markets
This file currently records the widest regulatory presence in the current scope.
See related evidenceFor fewer open questions
Eightcap
This file currently has the fewest items still outstanding in this comparison.
See related evidenceFor recorded client-protection evidence
IC Markets
This file currently records the most client-protection and safeguarding facts in the current scope.
See related evidenceOur view is based on catalog-applicable evidence only.
Always review the full research files and official sources.
6 of 7 differ
Legal entities recorded
DifferentVerified catalog licences
DifferentLicence records with source links
Same recorded valueUnresolved comparison issues
DifferentClient-protection evidence
DifferentResearch confidence
DifferentLast verified (current scope)
DifferentSide-by-side recorded values only. This summary does not score, rank or determine an evidence advantage.
Rows where the recorded values are not identical carry a neutral marker. It shows that the files differ, not which value is preferable.
Research still outstanding
These cards list open comparison issues in the current research files. They are research still outstanding — not findings against a broker.
More open research issues does not mean a broker is less safe.
Unresolved comparison issuesIssue types found in the current research file. Each issue counts once, not once per licence. Unresolved is not the same as adverse. These are issue categories, not licence counts. Catalog-applicable licence counts are listed separately below.
Missing coverageRows marked Not in this file yet in the table above are missing coverage, which is a different gap from an unresolved comparison issue.
Eightcap
2 unresolved comparison issues
IC Markets
4 unresolved comparison issues
Jump to a chapter of the audit record below. Every section is rendered in full on this page.
Blue = verified record · Orange = unresolved / incomplete research · Gray = not in file / not monitored / not applicable · Colors indicate evidence status, not broker safety.
Eightcap
1 legal entity in scope and 1 of 1 licence verified. Client-protection evidence is not recorded in this scope.
IC Markets
2 legal entities in scope, 1 of 2 licences verified, and client-protection evidence on file.
