IC Markets XM
Detailed comparison of IC Markets and XM on costs, regulation, platforms and features. Last updated July 2026.
IC Markets leads with a score of 8.9/10 vs 8.5/10. XM has a lower minimum deposit ($5). See the full breakdown below.
Frequently asked questions: IC Markets vs XM
Which is better, IC Markets or XM?
IC Markets scores higher in our review (8.9/10 vs 8.5/10), but the best choice depends on your priorities — compare their regulation, spreads, leverage and platforms below before deciding.
Is IC Markets regulated?
IC Markets is regulated by no regulator on record.
Is XM regulated?
XM is regulated by no regulator on record.
Which has the lower minimum deposit, IC Markets or XM?
XM has the lower minimum deposit (IC Markets: $200 vs XM: $5).
Risk warning: Forex, CFDs and other leveraged products carry a high level of risk and may not be suitable for all investors. Past performance is not indicative of future results. The content on this page is for information only and does not constitute financial advice. Consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.