XM vs IC Markets

Side-by-side broker comparison covering rebates, spreads, leverage, regulation, and platforms.

FeatureXMIC Markets
RebateUpto $18/lotUpto 100%
Rebate %99%100%
Min deposit$30$30
Max leverage1:10001:2000
SpreadsFrom 30 pipsFrom 0.0 pips
Withdrawal timeInstant1-2 business days
RegulatorsCySEC, FSC, ASIC, DFSA, FCAASIC, CySEC, FSA
PlatformsMT4, MT5, XM WebTrader, XM App, TradingView, WebTrader, Mobile AppMT4, MT5, cTrader
CategoryFOREXFOREX

Why pick XM

  • βœ“Regulated by more authorities (5 vs 3) β€” broader cross-jurisdiction oversight.
  • βœ“Wider platform support (MT4, MT5, XM WebTrader, XM App, TradingView, WebTrader, Mobile App).

Why pick IC Markets

  • βœ“Higher rebate per lot (Upto 100% vs Upto $18/lot) β€” direct cost reduction for active traders.

Verdict

Both XM and IC Markets are viable choices. IC Markets edges ahead for cost-conscious active traders thanks to a meaningfully higher rebate.

XM vs IC Markets 2026: Rebates, Spreads, and Regulation Compared | FN Trading Lab