IC Markets
Top global candidate ★ ★ ★ ★ ★★4.9
Active partner program; confirm the available legal entity and trading conditions for your country.
IC Markets vs XM
A side-by-side look at IC Markets and XM — score, fees, platforms and who each one actually fits best.
Quick verdict
IC Markets scores higher overall (4.9 vs 4.6), but a higher score doesn't automatically mean it's the right pick for you.
IC Markets is the stronger fit for low-spread trading, scalping, MT4/MT5/cTrader workflows, while XM is built more around beginners, global traffic, broad account accessibility.
Regulation: IC Markets — Global group with multiple regulated entities. XM — Multiple global entities; verify local entity.
Minimum deposit: IC Markets — Commonly from $200, depending on entity. XM — Often low minimum deposit, depends on region.
Side by side
IC MarketsXM
Best forLow-spread trading, scalping, MT4/MT5/cTrader workflowsBeginners, global traffic, broad account accessibility
PlatformsMT4, MT5, cTrader, TradingViewMT4, MT5, mobile/web tools
RegulationGlobal group with multiple regulated entitiesMultiple global entities; verify local entity
Minimum depositCommonly from $200, depending on entityOften low minimum deposit, depends on region
IC Markets strengths
- Raw spread model
- Deep platform choice
- Strong partner program
XM strengths
- Large global brand
- Very active partner program
- Beginner-friendly positioning
Which one should you pick?
Pick IC Markets if you're mainly after low-spread trading, scalping, MT4/MT5/cTrader workflows. It stands out for raw spread model and deep platform choice.
Pick XM if you're mainly after beginners, global traffic, broad account accessibility. It stands out for large global brand and very active partner program.
Common questions
IC Markets vs XM FAQ
Is IC Markets better than XM?
IC Markets scores higher in our rating (4.9 vs 4.6), but XM may still be the better fit if you specifically need beginners, global traffic, broad account accessibility.
What's the difference in regulation between IC Markets and XM?
IC Markets: Global group with multiple regulated entities. XM: Multiple global entities; verify local entity.