Head-to-Head Comparison
Eightcap Challenges vs IG
Complete side-by-side comparison based on verified data from official sources. See which broker offers better trading conditions for your needs.
Eightcap Challenges
Regulated
Est. 2009
VS
Score
2:3
IG
FCA
Est. 1974
Quick Summary
Eightcap Challenges (established 2009) and IG (established 1974) are both regulated forex and CFD brokers. Eightcap Challenges offers tighter spreads starting from 0 pips, compared to IG's 0.6 pips. Both brokers offer similar maximum leverage of 100:1. Eightcap Challenges has a lower minimum deposit requirement of $5.
Trading Conditions
Feature
Eightcap Challenges
IG
Min. Spread
0 pips
0.6 pips
Min. Deposit
$5
$0
Max Leverage
100:1
200:1
Execution
Simulated (RAW)
Market Maker / DMA
Instruments
18000+
Founded
2009
1974
Headquarters
Australia
United Kingdom
Regulation & Licensing
Eightcap Challenges
Regulator
Seychelles
IG
FCA(195355)
United Kingdom
BaFin(148759)
Germany/EU
BMA(54833)
Bermuda
Platforms & Features
Feature
Eightcap Challenges
IG
Platforms
MetaTrader 4, MetaTrader 5, TradeLocker
IG Online Platform, MetaTrader 4, ProRealTime, L2 Dealer, MetaTrader 5
Copy Trading
VPS Hosting
Neg. Balance Protection
Islamic Account
Demo Account
Server Infrastructure
Metric
Eightcap Challenges
IG
Total Servers
2
Total Endpoints
9
Countries
1
Hosting Providers
IG Knowhow Limited
Account Types
Eightcap Challenges
One Phase Challenge
Spread: 0 pipsMin: $69Lev: 100:1Comm: $5/lot
Two Phase Challenge
Spread: 0 pipsMin: $59Lev: 100:1Comm: $5/lot
Day Trader Challenge
Spread: 0 pipsMin: $5Lev: 100:1Comm: $5/lot
IG
CFD Trading
Spread: 0.6 pipsMin: $300Lev: 200:1
Spread Betting
Spread: 0.6 pipsMin: $0Lev: 30:1
Verdict: Eightcap Challenges vs IG
Based on our verified data analysis, IG has a slight edge in this comparison with a score of 3 vs 2.
Choose Eightcap Challenges if you prioritize the tightest possible spreads. Choose Eightcap Challenges for a lower entry barrier.
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Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.