HEAD TO HEAD
XM vs IC Markets
Read each field with the same country, legal entity and account context. Unverified values are not ranked.
No broker is designated the best. Comparisons remain provisional until official conditions are verified.
XM
View detailsIC Markets
View detailsFull field-by-field table · scroll horizontally to see all brokers
| Field | XMView details | IC MarketsView details |
|---|---|---|
| Regulation & availability | ||
| Regulation | XMMultiple group entities; residence dependent | IC MarketsEntity and jurisdiction dependent |
| Regulatory entity | XMXM Group entity varies by residence | IC MarketsRaw Trading Ltd (IC Markets Global) |
| Major Regulation | XMFSC Belize and other regional entities | IC MarketsSeychelles FSA · Securities Dealer SD018 |
| License Number | XMNot verified | IC MarketsNot verified |
| Available Countries | XMSelected jurisdictions; country dependent | IC MarketsSelected jurisdictions; country dependent |
| Restricted Countries | XMCountry dependent; see entity terms | IC MarketsUnited States, Canada, New Zealand, Iran, North Korea and others |
| Platforms & products | ||
| MT4 | XMYes | IC MarketsYes |
| MT5 | XMYes | IC MarketsYes |
| XAUUSD | XMAvailable | IC MarketsAvailable |
| Forex | XMAvailable | IC MarketsAvailable |
| Indices | XMAvailable | IC MarketsAvailable |
| Oil | XMAvailable | IC MarketsAvailable |
| Crypto CFDs | XMAvailable on MT5 | IC MarketsAvailable |
| Demo Account | XMYes | IC MarketsYes |
| Costs & accounts | ||
| Minimum deposit | XMVaries by account / entity | IC MarketsVaries by account / entity |
| Maximum leverage | XMVaries by entity / account | IC MarketsVaries by entity / account |
| Typical spread | XMVaries by account / instrument | IC MarketsVaries by account / instrument |
| Account Types | XMMicro, Standard and Ultra Low formats | IC MarketsStandard and Raw Spread accounts |
| Swap-Free / Islamic Account | XMSelected instruments / eligibility | IC MarketsCountry/account dependent |
| Funding & support | ||
| Deposit Methods | XMCountry dependent | IC MarketsCountry dependent |
| Withdrawal Methods | XMCountry dependent | IC MarketsCountry dependent |
| Customer Support | XMOfficial help and support channels | IC Markets24/7 official support channels |
| Customer Support Languages | XMMultiple languages | IC MarketsMultiple languages |
| Assessment | ||
| 85st. Partner Benefit | XMNot verified | IC MarketsNot verified |
| Pros | XMMT5 multi-asset account option | IC MarketsMT4/MT5 and multi-asset coverage |
| Cons | XMEntity and account terms vary | IC MarketsGlobal entity has explicit regional restrictions |
| Verification status | XMOfficial source reviewed | IC MarketsOfficial source reviewed |
| Last verified | XM2026-10-13 | IC Markets2026-10-13 |
Who may prefer each broker
Once comparable official conditions are verified, this section will explain trade-offs without claiming either broker is universally better.
