IC Markets vs XM
Side-by-side broker intelligence across regulation, spreads, fees, platforms, and overall model score. Category winners use transparent heuristics and should be treated as editorial guidance, not investment advice.
4.7
4.5
7 pts
Head to head
Winners by category
Full comparison table
Rating
IC Markets
4.7
XM
4.5
Model score
IC Markets
93
XM
86
Regulation
IC Markets
ASIC (Australia), CySEC (Cyprus), FSA (Seychelles), SCB (Bahamas)
XM
ASIC (Australia), CySEC (Cyprus), DFSA (Dubai), FSC (Belize)
Spreads
IC Markets
Raw spreads starting from 0.0 pips on EUR/USD. Low-latency Equinix NY4 & LD5 data center server execution designed for high-frequency trading and EAs.
XM
Spreads start from 0.6 pips on XM Ultra Low accounts. 99.35% of orders executed in under 1 second with no requotes or order rejections.
Fees
IC Markets
Raw Spread Account: Spreads from 0.0 pips + $3.50 commission per lot per side ($7.00 round turn). Standard Account: Commission-free with spreads from 0.8 pips. cTrader Raw: Spreads from 0.0 pips + $3.00 commission per $100k.
XM
XM Ultra Low Account: Spread-only pricing from 0.6 pips with zero commissions. Standard & Micro Accounts: Spreads start from 1.0 pips with no commission. Shares Account: Commission-based equity trading.
Platforms
IC Markets
MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView, WebTrader
XM
MetaTrader 4 (MT4), MetaTrader 5 (MT5), XM App
Account types
IC Markets
Standard, Raw Spread (MT4/MT5), Raw Spread (cTrader/TradingView), Swap-Free (Islamic), Demo
XM
Micro, Standard, XM Ultra Low, Shares Account, Swap-Free (Islamic), Demo
Min deposit
IC Markets
$0 (Recommended starting deposit: $200)
XM
$5
| Topic | IC Markets | XM |
|---|---|---|
| Rating | 4.7 | 4.5 |
| Model score | 93 | 86 |
| Regulation | ASIC (Australia), CySEC (Cyprus), FSA (Seychelles), SCB (Bahamas) | ASIC (Australia), CySEC (Cyprus), DFSA (Dubai), FSC (Belize) |
| Spreads | Raw spreads starting from 0.0 pips on EUR/USD. Low-latency Equinix NY4 & LD5 data center server execution designed for high-frequency trading and EAs. | Spreads start from 0.6 pips on XM Ultra Low accounts. 99.35% of orders executed in under 1 second with no requotes or order rejections. |
| Fees | Raw Spread Account: Spreads from 0.0 pips + $3.50 commission per lot per side ($7.00 round turn). Standard Account: Commission-free with spreads from 0.8 pips. cTrader Raw: Spreads from 0.0 pips + $3.00 commission per $100k. | XM Ultra Low Account: Spread-only pricing from 0.6 pips with zero commissions. Standard & Micro Accounts: Spreads start from 1.0 pips with no commission. Shares Account: Commission-based equity trading. |
| Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView, WebTrader | MetaTrader 4 (MT4), MetaTrader 5 (MT5), XM App |
| Account types | Standard, Raw Spread (MT4/MT5), Raw Spread (cTrader/TradingView), Swap-Free (Islamic), Demo | Micro, Standard, XM Ultra Low, Shares Account, Swap-Free (Islamic), Demo |
| Min deposit | $0 (Recommended starting deposit: $200) | $5 |