Choose Eightcap if you want…
Active scalpers + crypto-CFD-focused traders wanting tier-1 ASIC + CySEC regulation with TradingView execution.
We compared Eightcap and IQ Option across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. Eightcap wins on more criteria (4 categories vs 1), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.
| Eightcap | IQ Option | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.4 / 5 | ⭐ 3.1 / 5 | Eightcap |
| Regulators | ASIC, CySEC, FCA (in setup), SCB Bahamas | CySEC | Eightcap |
| Min. deposit | $100 | $10 | IQ Option |
| Spreads from | 0.0 pips (Raw) / 1.0 pip (Standard) | variable (commission-free) | Eightcap |
| Max. leverage | Up to 1:30 (EU retail) / 1:500 (offshore) | 1:30 (EU retail) | — |
| Platforms | MT4, MT5, TradingView | IQ Option (proprietary) | Eightcap |
| Founded | 2009 | 2013 | — |
| HQ | Melbourne, Australia | Limassol, Cyprus | — |
Active scalpers + crypto-CFD-focused traders wanting tier-1 ASIC + CySEC regulation with TradingView execution.
Beginners wanting an ultra-simple, low-deposit CySEC-regulated platform.
Based on five comparison criteria (regulation, deposit, spreads, platforms, overall rating), Eightcap wins 4 categories. That makes it the stronger default choice — though both brokers remain reputable, independently tier-1 regulated options.
Eightcap holds licenses from: ASIC, CySEC, FCA (in setup), SCB Bahamas. IQ Option holds licenses from: CySEC. Eightcap has more regulatory licenses, giving it broader geographic coverage.
Eightcap spreads start from 0.0 pips (Raw) / 1.0 pip (Standard). IQ Option spreads start from variable (commission-free). Actual spreads vary by account type and market conditions.
Eightcap: $100. IQ Option: $10. IQ Option has the lower entry barrier.
General risk warning: CFDs are leveraged products.
CFDs are leveraged. Your capital is at risk.
CFDs are leveraged. Your capital is at risk.
69% of retail accounts lose money.
CFDs are leveraged. Your capital is at risk.
73% of retail accounts lose money.
CFDs and FX Options entail risk of loss.