IC Markets
XM
Our Rating
8.83
7.42
Lowest Spreads
73.57% of retail investor accounts lose money when trading CFDs with this provider.

Regulations and Licenses

Feature
IC Markets
XM
FCA (UK)
FSCA (South Africa)

Brokerage

Feature
IC Markets
XM
EUR/USD Avg. Raw Spread
0.10
0.1 Zero Account (Europe Only)
GBP/USD Avg. Raw Spread
0.40
0.3 Zero Account (Europe Only)
AUD/USD Avg. Raw Spread
0.20
0.4 Zero Account (Europe Only)
EUR/USD Standard Spread
1.10
1.7 Micro/Standard accounts
0.8 Ultra-Low Standard (Outside Europe)
EUR/USD Fixed Spreads
Commissions (USD Base)
$3.50
$3.50 Zero Account (Europe Only)
Commission Rebates
Minimum Deposit
$200
$5 Micro Account
$5 Standard Account
$100 Zero Account (Europe Only)
Swap Free Account
No Inactivity Fees
Funding Methods
15
13
Varies by region
No Funding Fees

Markets and Instruments

Feature
IC Markets
XM
Currency Pairs
65
55+
Cryptocurrency CFDs
10
Index CFDs
16
18+ Cash Indices
12+ Futures Indices
Share CFDs
100
1144+
Commodities CFD
19
15+
Stockbroking
Retail Max. Leverage
500:1
30:1 (FCA/Cysec)
500:1 (ASIC/International)
Professional Leverage
500:1

Trading Platforms + Tools

Feature
IC Markets
XM
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
Proprietary Platform
Automated Trading
Social + Copy Trading

Allowed but not supported
Standard Stop Loss
Guaranteed Stop Loss
Guaranteed Neg Protection
ESMA regulated territories only
Demo Account
Unique Feature 1
ECN pricing
Offers Micro Account for cent trading
Unique Feature 2
Range of fee free funding options
Tiered leverage

Overall