When it comes to choosing the perfect forex broker for 2025, traders often find themselves stuck between two giants: XM vs IC Markets. But which one truly dominates your trades? This is the burning question every serious trader wants answered before risking their hard-earned money. In this in-depth comparison, we’ll dive deep into the strengths and weaknesses of both brokers, unveiling which platform offers the ultimate edge in forex trading, low spreads, fast execution, and superior customer support. Are you ready to discover which broker wins in 2025 and can elevate your trading game to new heights?
The battle between XM and IC Markets is fierce, with both boasting impressive track records, advanced trading tools, and global reach. But when it comes to best forex broker for scalping, tightest spreads, and fastest order execution, who really takes the crown? We’ll explore critical factors like regulation, trading platforms, fees, and account types so you can make an informed decision that suits your trading style. Plus, we’ll reveal insider insights on which broker provides the most reliable environment for both beginner and professional traders alike. Don’t miss out on this ultimate showdown — your trading success depends on choosing the right broker!
Whether you’re a seasoned trader looking to maximize profits or a newbie trying to find the most user-friendly broker, this XM vs IC Markets comparison will answer all your questions. From leverage options to customer service quality and deposit/withdrawal speed, we cover it all. Stay tuned as we break down each feature and highlight what makes one broker stand out in 2025’s competitive forex market. Ready to find out which broker truly dominates your trades and can help you win big? Let’s get started!
XM vs IC Markets: 7 Key Differences That Impact Your Forex Trading Success in 2025
In the ever-changing world of forex trading, choosing the right broker can make or break your success. Traders in New York and beyond often find themselves stuck between popular choices like XM and IC Markets. Both brokers have gained massive followings, but which one really dominates your trades in 2025? This article dives deep into “XM vs IC Markets: 7 Key Differences That Impact Your Forex Trading Success in 2025” and tries to answer the big question: “Which Forex Broker Wins in 2025?”
1. Regulation and Safety of Funds
One of the first things traders look for when picking a broker is the regulation status because it affects the safety of their money. XM operates under multiple regulatory bodies, including the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC). This multi-jurisdictional regulation provides a layer of security, but some traders complain about slower withdrawal processes.
IC Markets is regulated by ASIC, the Seychelles Financial Services Authority (FSA), and also by the Australian Transaction Reports and Analysis Centre (AUSTRAC). ASIC regulation is known for being quite strict, which assures clients about fund safety. However, IC Markets’ offshore regulation under the FSA might raise eyebrows for some cautious traders.
Summary:
- XM: Regulated by CySEC, ASIC, and others; strong but slightly slower withdrawals.
- IC Markets: Regulated by ASIC, FSA; fast withdrawals but offshore regulation concerns.
2. Trading Platforms and Technology
Both XM and IC Markets provide popular platforms like MetaTrader 4 (MT4), MetaTrader 5 (MT5), and cTrader. Yet, their execution speed and technology differ a bit. IC Markets is known for offering one of the fastest execution speeds, which is crucial for scalpers and high-frequency traders. Its servers are located close to major liquidity providers, reducing latency.
XM, on the other hand, focuses more on user-friendly interfaces and educational tools within its platform. While it supports the same platforms, some users have reported slightly slower execution speeds compared to IC Markets, which can affect trade outcomes in volatile markets.
Quick comparison:
- XM: MT4, MT5, user-friendly, educational tools, moderate speed.
- IC Markets: MT4, MT5, cTrader, fastest execution, low latency.
3. Spreads and Commissions
Cost of trading is a big factor in forex success. XM offers spreads starting from 0.8 pips on major currency pairs, but charges no commission on standard accounts. This suits casual traders who prefer simplicity.
IC Markets, however, is famous for its raw spread accounts, where spreads can be as low as 0.0 pips, but it charges a small commission per trade (around $3.5 per lot). For professional traders, this is more cost-effective in the long run, but beginners might find the commission structure confusing.
Simple table for spreads and commissions:
| Broker | Spreads (Major Pairs) | Commission | Account Types |
|---|---|---|---|
| XM | From 0.8 pips | No commission | Standard, XM Ultra Low |
| IC Markets | From 0.0 pips | $3.5 per lot | Raw Spread, Standard, cTrader Raw |
4. Account Types and Minimum Deposits
Traders have different needs, so account variety and deposit requirements matter. XM offers multiple account types: Standard, Micro, and XM Ultra Low. The minimum deposit is just $5, which is great for beginners who want to start small.
IC Markets offers Standard, Raw Spread, and cTrader Raw accounts. The minimum deposit here is $200, which could be a barrier for new traders. However, the account types are more tailored for professional traders who want low spreads and fast execution.
5. Range of Tradable Instruments
Both brokers provide access to forex pairs, commodities, indices, and cryptocurrencies. But there is a slight difference in variety. XM offers over 57 currency pairs and a good range of CFDs on stocks, metals, energies, and cryptocurrencies.
IC Markets covers over 60 forex pairs and has a wider range of CFDs including more stock indices and commodities. For traders who want to diversify beyond forex, IC Markets might offer more choices.
6. Customer Support and Educational Resources
Customer service can make or break your trading experience. XM is well known for its multilingual customer support available 24/5 through live chat, phone, and email. It also offers extensive educational resources like webinars, video tutorials, and trading courses, which helps beginners a lot.
IC Markets provides 24/7 customer support, but some users complain about slower response times during peak hours. Its educational materials are decent but less comprehensive compared to XM’s offerings.
7. Deposit and Withdrawal Methods
Ease of funding
Which Forex Broker Offers Better Spreads and Execution Speed: XM or IC Markets?
When it comes to trading Forex in 2025, many traders in New York and beyond often wonder which broker offers the best spreads and execution speed. Two of the most talked-about names in the industry are XM and IC Markets. Both brokers have their own strengths and weaknesses, but when you dig deeper, you will start to see which one truly dominates your trades. So, which Forex broker offers better spreads and execution speed: XM or IC Markets? Let’s try to find out.
Brief Background on XM and IC Markets
XM was founded in 2009 and quickly became popular among retail traders for its user-friendly platform and extensive educational resources. It has grown to serve over 2.5 million clients worldwide. The broker is regulated in multiple jurisdictions including Cyprus and Australia, which gives it a solid reputation for safety.
IC Markets, on the other hand, started operations in 2007 in Sydney, Australia. It gained fame for its ultra-low spreads and lightning-fast execution speeds, especially favored by scalpers and high-frequency traders. IC Markets is also regulated by ASIC, CySEC, and the FSA, which assures traders about its reliability.
Though both brokers have long histories, their approach to spreads and execution speed differ in important ways that can impact your trading results.
Understanding Spreads: How Much Will You Pay?
Spread is the difference between the bid and ask price of a currency pair. Lower spreads mean less cost for entering or exiting trades.
XM offers fixed and variable spreads depending on account type. For example:
- Standard Account: Spreads start from 1 pip on EUR/USD
- Micro Account: Spreads usually start from 1.5 pips
- Zero Account: Spreads as low as 0 pips, but commission applies
IC Markets specializes in raw spreads, which means the spreads are very tight but a commission is charged per trade. Typical spreads on their Raw Spread account are:
- EUR/USD: From 0.0 to 0.1 pips
- GBP/USD: Around 0.2 pips
- USD/JPY: Approximately 0.1 pips
So, if you compare purely on spreads, IC Markets usually offers better or tighter spreads than XM, especially on the Raw Spread account. However, you must also consider the commissions IC Markets charge, which can add to overall cost.
Execution Speed: How Fast Your Orders Get Filled
Execution speed is critical in Forex because prices change in milliseconds. Faster executions mean less slippage and better trade management.
XM uses a mix of STP (Straight Through Processing) and ECN (Electronic Communication Network) execution models. Their average execution speed reported is around 50 to 70 milliseconds depending on server location and internet connection.
IC Markets is well-known for its superior execution speed, usually under 40 milliseconds on average. This is because IC Markets uses advanced technology with servers located close to major liquidity providers. Their ECN model also reduces delays and requotes.
For traders who rely on scalping or automated trading (EAs), execution speed of IC Markets often gives them an edge over XM.
Comparing Trading Platforms and Tools
Both brokers offer popular platforms, but differences exist:
- XM provides MetaTrader 4, MetaTrader 5, and its own XM WebTrader. The interface is beginner-friendly with many educational tools.
- IC Markets supports MetaTrader 4, MetaTrader 5, and cTrader. cTrader is praised for its advanced charting and order execution features.
For traders who value execution speed and spread transparency, cTrader on IC Markets is often a better choice. XM’s platforms are easier for newbies but might not satisfy professional traders seeking ultra-fast execution.
Regulation and Safety: Who Keeps Your Money Safer?
Both brokers are regulated in multiple regions:
- XM is regulated by ASIC (Australia), CySEC (Cyprus), and IFSC (Belize).
- IC Markets is regulated by ASIC (Australia), CySEC (Cyprus), and the FSA (Seychelles).
ASIC and CySEC regulations ensure segregation of client funds and regular audits. Both brokers insure client money safety well, but XM’s wider regulatory coverage gives a slight advantage in terms of investor protection.
Practical Examples: How Spreads and Execution Affect Your Trade
Imagine you enter a EUR/USD trade with $10,000 position size.
- On XM Standard Account with 1 pip spread, your cost is roughly $10 (since 1 pip = $10 for standard lot).
- On IC Markets Raw Spread account with 0.1 pip spread plus $7 commission, your cost is approximately $8 (0.1 pip = $1 + $7 commission).
In this case, IC Markets offers slightly lower total cost. Also, if your trade requires fast execution, IC Markets’ 40 ms speed reduces slippage risk, which can save or lose you money in volatile markets.
Summary Table: XM vs IC Markets on Key Factors
How Do XM and IC Markets Compare in Regulation, Safety, and Trader Protection?
When it comes to choosing a forex broker, traders often face a tough decision. XM and IC Markets are two of the most talked-about names in the industry, specially for traders based in New York and worldwide. But how do XM and IC Markets compare in regulation, safety, and trader protection? Which one truly dominates your trades? And finally, who wins in 2025? This article will try to break down these questions and give you some clear insights, even if the forex world keeps changing fast.
Regulation: Who’s Playing By The Rules?
Regulation is the cornerstone of trust in forex trading. Without solid regulatory backing, traders risk losing their money to unscrupulous brokers. Both XM and IC Markets have regulatory licenses, but they come from different authorities.
XM:
- Regulated by the Cyprus Securities and Exchange Commission (CySEC)
- Also authorized by the Australian Securities and Investments Commission (ASIC)
- Licensed by the Financial Conduct Authority (FCA) in the UK
- XM holds licenses from multiple jurisdictions, which means they have to comply with strict rules in various markets.
IC Markets:
- Regulated by the Australian Securities and Investments Commission (ASIC)
- Also regulated by the Cyprus Securities and Exchange Commission (CySEC)
- Regulated by the Seychelles Financial Services Authority (FSA)
- IC Markets is known for its Australian regulation, which is quite reputable in the forex space.
To put it simply, both brokers are regulated by ASIC and CySEC, two of the most respected forex regulators. However, XM has the advantage with FCA regulation in the UK, which is considered one of the most stringent financial regulators globally. This can give European and UK-based traders more confidence in XM’s compliance and oversight.
Safety First: How Secure Are Your Funds?
Safety is often confused with regulation, but it’s more about how brokers handle clients’ funds and data protection. Both XM and IC Markets claim to take safety seriously, but their approaches do differ a bit.
XM’s Safety Measures:
- Separates client funds from company funds in top-tier banks
- Offers negative balance protection, so you won’t lose more than you deposited
- Uses SSL encryption to protect online data transmissions
- Provides compensation schemes in some jurisdictions, like the UK
IC Markets’ Safety Measures:
- Also keeps client money segregated in safe banks
- Uses advanced encryption and cybersecurity protocols
- Offers negative balance protection on some account types, but not all
- Participates in dispute resolution processes, although no compensation scheme like in the UK
One key difference is the negative balance protection. XM offers it universally, giving traders peace of mind during volatile market swings. IC Markets offers it depending on the account or region, which might not suit every trader’s needs.
Trader Protection: What Happens When Things Go Wrong?
Trader protection involves what recourse you have if the broker misbehaves or if technical problems occur. This is extremely important in forex, where market moves can be rapid and unforgiving.
XM:
- Is part of the Investor Compensation Fund in Europe
- Has a history of transparency in dispute resolution
- Offers 24/5 customer support with multiple language options
- Provides educational resources and demo accounts to help traders learn
IC Markets:
- Has a reputation for fast execution and low spreads, but limited formal compensation funds
- Customer support is available 24/7, which is great for global traders
- Offers demo accounts and educational materials, but less focus on compensation schemes
- Uses third-party dispute resolution if needed, but it’s less formalized than XM’s approach
XM Vs IC Markets: Trading Conditions and Platforms
While regulation and safety are important, the actual trading experience also matter a lot. Both brokers offer popular platforms like MetaTrader4 (MT4) and MetaTrader5 (MT5), as well as cTrader for IC Markets.
Here’s a quick comparison of their trading features:
| Feature | XM | IC Markets |
|---|---|---|
| Spreads | From 0.6 pips (variable) | From 0.0 pips (raw spread account) |
| Commission | Mostly commission-free accounts | Commission charged on raw spread accounts |
| Leverage | Up to 1:30 for EU clients, up to 1:888 for others | Up to 1:500 depending on jurisdiction |
| Minimum Deposit | $5 | $200 |
| Execution Type | Market execution | ECN (Electronic Communication Network) |
| Account Types | Micro, Standard, XM Ultra Low | Standard, Raw Spread, Islamic |
IC Markets is often preferred by scalpers and algorithmic traders due to its low spreads and fast execution. XM, on the other hand, appeals to beginners and retail traders with low minimum deposits and various
XM vs IC Markets: Analyzing Trading Platforms, Tools, and User Experience for Smart Investors
When it comes to choosing a forex broker, traders in New York and around the world often find themselves stuck between options that promise the best trading experience. Two of the most talked-about platforms lately are XM and IC Markets. Both of these brokers have big names in the forex community, but the question remains: XM vs IC Markets, which one truly dominates your trades? Let’s dig deep into how these brokers stack up in terms of trading platforms, tools, and user experience, especially looking forward to what 2025 might bring.
A Brief Look At XM and IC Markets
XM started back in 2009 and quickly gained popularity for its wide range of account options and global presence. It caters to traders of all levels and offers both forex and CFDs on commodities, stocks, and indices. IC Markets, on the other hand, was established in 2007 and focused heavily on raw spreads and ultra-low latency trading, attracting more of the scalpers and high-frequency traders crowd. Both brokers are regulated by respected authorities, which provide a level of security and trust.
Trading Platforms: Which One Fits Your Style?
XM and IC Markets both offer MetaTrader 4 and MetaTrader 5, two of the most widely used trading platforms globally. However, their implementations and additional platform options differ in ways that might matter a lot for certain traders.
XM offers:
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
- XM WebTrader (browser-based)
IC Markets provides:
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
- cTrader platform (desktop and mobile)
The cTrader platform by IC Markets is often praised for its advanced charting features and customizable interface, which is a big plus for technical traders who want more control. Meanwhile, XM’s strength lies in its simplicity and accessibility, especially with the XM WebTrader, which requires no download and works on any browser.
For traders who prefer mobile trading, both brokers offer mobile versions of MT4 and MT5, but IC Markets also supports cTrader on mobile, giving it a little edge in platform diversity.
Tools and Features: Powering Your Trading Decisions
When it come to tools, both brokers try to help traders with necessary resources but they approach it differently.
XM provides:
- Economic calendar integrated into the platform
- Market news and analysis updated daily
- Trading signals and educational webinars
- VPS service for automated trading (available upon request)
IC Markets offers:
- Advanced charting tools on cTrader
- Access to third-party apps like Myfxbook and Trading Central
- VPS hosting options optimized for low latency
- A comprehensive economic calendar and real-time news feed
If you are a trader who rely on technical analysis, IC Markets’ tools might be more appealing because of the advanced charting and support for algorithmic trading. On the other hand, XM’s educational resources and signals might be more suitable for new traders still learning the ropes.
User Experience: Ease of Use and Customer Support
User experience doesn’t just mean how pretty the platform looks. It’s about how easy it is to navigate, how fast support responds, and how seamless everything works from sign-up to withdrawal.
XM’s website and platforms are quite straightforward, designed for quick onboarding. Their customer support is available in multiple languages, including English, and they offer 24/5 live chat and phone support. However, some users report occasional delays in withdrawals, especially in weekends.
IC Markets also provides 24/7 support, which is a major plus for traders in different time zones. Their support team is known to be more technical, which helps when you run into platform or order issues. Withdrawals and deposits tend to be faster on IC Markets, but some users find their interface a bit more complex, especially on cTrader.
Comparing Costs: Fees, Spreads, and Commissions
For many traders, cost is the deciding factor. Low spreads and commissions mean more profits or less losses.
Here’s a quick cost comparison:
| Broker | Typical EUR/USD Spread | Commission per Lot | Minimum Deposit |
|---|---|---|---|
| XM | From 0.6 pips | No commission on standard accounts | $5 |
| IC Markets | From 0.0 pips (Raw Spread account) | $7 per round turn lot | $200 |
XM’s standard accounts have no commission but spreads are wider. IC Markets caters to more active traders with raw spreads starting from zero but charges a commission per lot traded. This makes IC Markets more attractive to scalpers and professionals who trade large volumes.
Security and Regulation: Keeping Your Money Safe
Both brokers operate under strict regulatory frameworks. XM is regulated by the Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investments Commission (ASIC), and others. IC Markets is also regulated by ASIC and the Seychelles Financial Services Authority (FSA).
Regulation ensures
Why 2025 Could Be the Year to Switch Brokers: XM or IC Markets for Maximum Profit Potential?
The forex market keeps evolving every year, and traders always look for the best brokers to maximize their profits. With 2025 just around the corner, many are asking, “Why 2025 Could Be the Year to Switch Brokers?” and more specifically, “XM or IC Markets for Maximum Profit Potential?” These questions are not surprising since both XM and IC Markets have solid reputations, but which one truly dominates your trades? Let’s dig deep into XM vs IC Markets and see which forex broker wins in 2025.
Why Consider Switching Brokers in 2025?
The forex trading environment changes fast, brokers update their platforms, fees, and services frequently. Staying with the same broker without checking alternatives may cost you money or opportunities. Brokers like XM and IC Markets constantly improve their offerings, but also they introduce new fee structures or trading conditions that might not suit all traders. For example, a broker might lower spreads, but increase withdrawal fees, so you must weigh all pros and cons before deciding to switch.
Also, regulatory environments shift and brokers that was great in 2020 might not keep the same standards in 2025. Traders want to ensure their capital is safe, so switching to a more regulated or more transparent broker can be smart.
Overview of XM and IC Markets
Both XM and IC Markets are popular choices among forex traders, but they cater to slightly different audiences and trading styles.
XM: Founded in 2009, XM offers a wide range of trading instruments besides forex, including CFDs on stocks, commodities, and indices. They have a global presence and are regulated in multiple jurisdictions. Known for its low minimum deposit ($5), XM appeals to beginners and traders with smaller accounts. Their spreads are competitive but not always the tightest in the market.
IC Markets: Established in 2007, IC Markets is an Australian broker famous for its ultra-tight spreads and high-speed execution. They are regulated by ASIC and CySEC among others. IC Markets mostly targets active traders and scalpers who benefit from its raw spread accounts and advanced trading platforms like MetaTrader 4/5 and cTrader.
Comparing Key Features: XM Vs IC Markets
Here is a quick rundown of important features traders usually compare:
| Feature | XM | IC Markets |
|---|---|---|
| Year Founded | 2009 | 2007 |
| Regulation | ASIC, CySEC, IFSC | ASIC, CySEC, FSA |
| Minimum Deposit | $5 | $200 |
| Spreads | From 0.6 pips (standard) | From 0.0 pips (raw spread) |
| Commission | No commission on standard | Commission on raw spread accounts |
| Trading Platforms | MT4, MT5, XM WebTrader | MT4, MT5, cTrader |
| Max Leverage | Up to 888:1 (varies by region) | Up to 500:1 |
| Customer Support | 24/5 Multilingual | 24/7 Multilingual |
| Account Types | Micro, Standard, XM Ultra | Raw Spread, Standard, Islamic |
Spreads and Fees Matter Most for Profitability
One of the biggest factors that influence your profit potential is the spreads and fees the broker charges. IC Markets offers raw spreads from 0.0 pips but charges a commission per lot traded. This model is attractive for high-volume traders who want the tightest possible spreads. On the other hand, XM offers zero commission on standard accounts but with slightly higher spreads averaging around 0.6 pips or more.
If you are a scalper or day trader, the few tenths of a pip difference could make or break your profitability. For swing traders or those who trade less frequently, XM’s commission-free model might be more appealing as it reduces upfront costs.
Trading Platforms and Execution Speed
IC Markets is known for its fast execution speeds, which is critical for traders who depends on timely order fills, especially in volatile markets. Their support for cTrader, which is optimized for ECN trading, gives them an edge for professional traders seeking advanced charting and order management tools.
XM uses popular platforms like MetaTrader 4 and 5, which are industry standards and very user-friendly. However, their execution speeds can sometimes lag behind IC Markets, particularly during high volatility. That said, XM’s platforms come with additional educational resources and research tools, making it a better choice for beginners or those who want more guidance.
Regulation and Security: Keeping Your Money Safe
Both brokers are regulated, but their regulatory bodies differ in stringency. IC Markets is regulated by ASIC in Australia, considered one of the top-tier regulators enforcing strict capital requirements and client fund segregation. XM, meanwhile, operates under multiple regulators including CySEC in Cyprus and IFSC in Belize, which are less strict comparatively.
For traders based in New York or
Conclusion
In conclusion, both XM and IC Markets offer compelling features for forex traders in 2025, but the choice ultimately depends on individual trading preferences and priorities. XM stands out with its extensive educational resources, diverse account options, and strong customer support, making it ideal for beginners and those seeking comprehensive guidance. On the other hand, IC Markets excels in providing ultra-low spreads, advanced trading platforms, and lightning-fast execution speeds, catering especially to professional and high-frequency traders. While XM focuses on a balanced approach with a wide range of instruments, IC Markets prioritizes raw trading conditions and technology-driven solutions. Traders looking for a broker with robust educational tools and a user-friendly experience might lean toward XM, whereas those prioritizing cost efficiency and execution quality may find IC Markets more suitable. Ultimately, evaluating your trading style, budget, and goals will help determine the best fit. Start your trading journey today by exploring both brokers’ offerings to make an informed decision.








