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Compare trust, fees, platforms, and withdrawals. See the trade-offs and details worth checking before you choose.

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The comparison reads the same evidence fields used by broker profiles, so users can scan scores, regulation, costs, platforms, withdrawals, and caveats side by side.

Broker 1
Broker 2
VS field
Eightcap

eightcap.com

Forex BrokerMulti Asset BrokerStock CFD
IC Markets

icmarkets.com

Forex BrokerMulti Asset BrokerStock CFD
Decision summary
Overall score
81
90
Trust score
82
99
Cost score
78
85
Platform score
88
94
Withdrawal score
89
86
Best for
CFD traders · Forex traders · TradingView users
Experienced forex/CFD traders · Scalpers, day traders and algorithmic traders comfortable with high-risk leveraged products · Users who specifically need MT4/MT5, cTrader or Tradi…
Watch out
Needs verification
Long-term investors seeking physical stocks/ETFs · Beginners who need strong statutory investor compensation or negative balance protection · Residents of restricted countries or…
Trust & regulation
Regulators
ASIC, FCA, CySEC, SCB, Seychelles FSA, Mauritius FSC
Source
Financial Services Authority of Seychelles (FSA)
Source
License numbers
AFSL 391441; FCA FRN 921296; CySEC 246/14; SCB SIA-F220; Seychelles FSA SD100; Mauritius FSC GB25204603
Source
Securities Dealer license number SD018
Source
Regulated entities
Six official regulated entities are listed across Australia, UK, Cyprus, Bahamas, Seychelles and Mauritius.
Source
Raw Trading Ltd, registered in Seychelles (registration number 8419879-1), regulated by the Financial Services Authority of Seychelles with Securities Dealer license SD018.
Source
Negative balance protection
Entity/client-category dependent. Official professional-client-service source/search result says wholesale clients lose retail negative balance protection; checked official English pages did not provide a global NBP statement for all clients/entities.
Source
No negative balance protection found for the reviewed global entity; IC says clients bear negative consequences and are responsible for any negative balance.
Source
Investor compensation
Not disclosed in checked official global English pages; compensation/protection can vary by entity (e.g., UK/EU vs offshore) and needs entity-specific legal review.
Source
Client funds insurance up to US$1,000,000; no statutory investor compensation scheme found in reviewed official sources.
Source
Restricted countries
Not disclosed as a definitive country list on checked official English pages; site states information is not intended for distribution where unlawful or contrary to regulatory requirements, and payment-method availability varies by jurisdiction.
Source
Raw Trading Ltd does not provide services to residents of the United States of America, Canada, New Zealand, Iran, North Korea (DPRK), or countries where distribution/use would be contrary to local law or regulation.
Source
Costs & account conditions
Minimum deposit
$100 minimum deposit
Source
No minimum deposit requirement disclosed for opening a trading account.
Source
Spread from
Standard from 1.0 pips; Raw from 0.0 pips
Source
Spreads from 0.0 pips on MetaTrader/cTrader Raw Spread platforms; Standard account spread starts from 0.8 pip.
Source
Commission
Standard: no commission (shares include commission). Raw: $3.50 AUD/USD/NZD/SGD/CAD; GBP 2.25; EUR 2.75 per side per standard lot.
Source
Standard: no commission, 0.8 pip markup. Raw Spread MetaTrader: USD $3.50 per lot per side / $7 round turn. cTrader/TradingView: USD $3 per $100,000 traded per side.
Source
Maximum leverage
Up to 1:500 on selected instruments/entity; shown for EURUSD and XAUUSD under Eightcap Global Limited (SYC regulated). Crypto example BTCUSD shows up to 1:20.
Source
IC offers flexible leverage from 1:1 to 1:5000; leverage is dynamic and may change at any time.
Source
Deposit fee
Deposits show $0 for cards/PayPal/BPAY, variable for wire/Skrill/Neteller; Eightcap says it charges no internal deposit fees, but external/intermediary/conversion fees may apply.
Source
IC does not charge additional deposit fees; bank/intermediary fees may apply.
Source
Withdrawal fee
$0 transaction fee for listed withdrawal methods; Eightcap says it does not charge internal fees for deposits or withdrawals, but providers may charge transaction/international processing/other fees.
Source
IC does not charge additional withdrawal fees, but third-party/intermediary/bank fees can apply; one Help Centre example mentions 20 AUD bank fee for some bankwire paths.
Source
Inactivity fee
Not disclosed in checked official pages/search results.
Source
No account inactivity fees.
Source
Markets, platforms & payments
Tradable assets
800+ global CFD markets across forex, crypto, shares, commodities and indices.
Source
Forex CFDs, Indices CFDs, Commodities CFDs, Stocks CFDs, Bonds CFDs, Cryptocurrency CFDs, Futures CFDs.
Source
Trading platforms
TradingView, MetaTrader 4, MetaTrader 5, TradeLocker
Source
MetaTrader 5, MetaTrader 4, cTrader, TradingView, MetaTrader WebTrader/cTrader Web and social/copy tools IC Social, Signal Start, ZuluTrade.
Source
Account types
Standard and Raw live accounts; demo account available; professional/wholesale client service is eligibility-dependent.
Source
Official pages list Standard, Raw Spread, cTrader Raw Spread and Swap Free; account overview also shows Raw Pro and Raw Pro+ entries.
Source
Deposit methods
Cards, PayPal, wire transfer, BPAY, Skrill, Neteller, crypto and several country-specific methods.
Source
Credit/debit cards, PayPal, Neteller, Skrill, UnionPay, wire transfer, Bpay, broker-to-broker, POLI, Thai Internet Banking, Rapidpay, Klarna, Vietnamese Internet Banking, cryptocurrency.
Source
Withdrawal methods
Cards, PayPal, wire transfer, BPAY, Skrill, Neteller, crypto and country-specific methods where available.
Source
Withdrawal methods depend on original deposit method; examples include Visa/Mastercard/card routes, bank wire, Neteller, Skrill and PayPal.
Source
Withdrawal processing time
Withdrawals vary by method: cards 2-5 business days; PayPal 1-5; wire 1-5; BPAY 1-3; Skrill/Neteller 1 business day; every withdrawal subject to finance review taking 1-2 business days.
Source
Same-business-day processing cutoff before 12:00 AEST/AEDT; after processing allow at least 3 business days depending on method.
Source

BrokerVS provides broker comparison research only. Scores and evidence can vary by country, account type, and legal entity; users should verify source links before opening an account.