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IC Markets vs XM Group 2022

April 26, 2022
Last modified June 23, 2022

IC Markets is better than XM Group.

Trying to decide between IC Markets and XM Group? We’ve taken the guesswork out of the equation with our Comparison Tool. Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other.

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Overall Rating expand_moreexpand_less IC Markets XM Group IG
Overall Rating star starstarstarstarstar / 10 star starstarstarstarstar / 10 star starstarstarstarstar / 10
Account Type expand_moreexpand_less IC Markets XM Group IG
Standard Account Yes Yes Yes
Mini Account Yes Yes Yes
Micro Account Yes Yes Yes
Islamic Account Yes Yes No
Copy Trading expand_moreexpand_less IC Markets XM Group IG
Social Trading / Copy Trading Yes Yes Yes
DupliTrade No No No
ZuluTrade Yes No No
Cryptocurrency expand_moreexpand_less IC Markets XM Group IG
Cryptocurrency (Physical) No No No
Cryptocurrency (CFD) Yes Yes Yes
Bitcoin Yes Yes Yes
ethereum Yes Yes Yes
Forex Trading expand_moreexpand_less IC Markets XM Group IG
Forex Trading Yes Yes Yes
Trading - Forex or CFDs Yes Yes Yes
Indices (Index CFDs) expand_moreexpand_less IC Markets XM Group IG
DAX Yes Yes Yes
Dow Jones Yes Yes Yes
FTSE Yes Yes Yes
NASDAQ 100 Yes Yes Yes
Nikkei Yes Yes Yes
SP 500 Yes Yes Yes
Investments expand_moreexpand_less IC Markets XM Group IG
Forex Trading Yes Yes Yes
Trading - Forex or CFDs Yes Yes Yes
Spread Betting No No Yes
Social Trading / Copy Trading Yes Yes Yes
Metals Yes Yes Yes
Energies Yes Yes Yes
Agriculturals Yes Yes Yes
ETF Yes No Yes
U.S. Stocks (CFD) Yes Yes Yes
Trading Platforms expand_moreexpand_less IC Markets XM Group IG
Apple iOS App Yes Yes Yes
Android App Yes Yes Yes
Proprietary Platform No No Yes
Desktop Platform (Windows) Yes Yes Yes
Web Platform Yes Yes Yes
MetaTrader 4 (MT4) Yes Yes Yes
MetaTrader 5 (MT5) Yes Yes No
Regulatory Licenses expand_moreexpand_less IC Markets XM Group IG
Tier-1 Licenses 1 2 7
ASIC Authorised (Australia) Yes Yes Yes
IIROC Authorised (Canada) No No No
FCA Authorised (U.K.) No Yes Yes
SFC Authorised (Hong Kong) No No No
MAS Authorised (Singapore) No No Yes
FINMA Authorised (Switzerland) No No Yes
CFTC Registered (USA) No Yes Yes
Tier-2 Licenses 1 1 2
Tier-3 Licenses 1 1 1
Research, Education expand_moreexpand_less IC Markets XM Group IG
Trading Central (Recognia) Yes Yes No
Forex News (Top-Tier Sources) Yes Yes Yes
Daily Market Commentary Yes Yes Yes
Autochartist Yes Yes Yes
Investor Dictionary (Glossary) Yes No Yes
Videos - Beginner Trading Videos No Yes Yes
Client Webinars (Archived) Yes No Yes
Trading Costs expand_moreexpand_less IC Markets XM Group IG
Minimum Initial Deposit $200 $5 £250.00
Average Spread EUR/USD - Standard 0.62 (August 2021) 1.6 (Aug 2020) 0.828 (September 2021)
All-in Cost EUR/USD - Active 0.62 (August 2021) 0.8 (Aug 2021) 0.365 (May 2020)
Active Trader or VIP Discounts Yes No Yes
Bank Wire (Deposit/Withdraw) Yes Yes Yes
Visa/Mastercard (Credit/Debit) Yes Yes Yes
PayPal (Deposit/Withdraw) Yes No Yes
Trading Tools expand_moreexpand_less IC Markets XM Group IG
Watchlists - Total Fields 7 7 14
Mobile Watchlist Yes Yes Yes
Charting - Indicators / Studies (Total) 30 30 32
Mobile Charting - Indicators / Studies 30 30 32
Trust Factors expand_moreexpand_less IC Markets XM Group IG
Year Founded 2007 2009 1974
Publicly Traded (Listed) No No Yes
Bank No No Yes
Authorised in European Union No Yes Yes
Trust Score 86 90 99
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