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IC Markets vs XM: compare trading fees, withdrawal and legal terms

A side-by-side, official-source comparison of IC Markets and XM. Match the exact product, account or program and country before drawing a conclusion.

Editorial: FINEX

Content reviewed:

Country policies:

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On this page 3 sections

Set an equal comparison scope

This comparison uses the published IC Markets and XM facts listed below. Match the account type, instrument, country and contracting entity; a spread quote from one account is not comparable with a different account or instrument.

Contracting entity · icmarkets-global.com Eligibility · xm.com Deposits · xm.com

IC Markets: Vietnam is not named in this non-exhaustive restriction notice. This is a source comparison, not confirmation of account acceptance. Other IC entities and local requirements need separate checks. Scope: IC / IC Markets Global: Raw Trading Ltd; international website. XM: The source describes citizenship exclusions for the US, Canada, Israel, Iran and sanctioned countries. A residence-only selector cannot establish account eligibility from this wording. Confirm nationality and the serving XM entity. Scope: XM Global Limited: published citizenship restrictions.

IC / IC Markets Global — country policy, checked 20 October 2026 XM Global — country policy, checked 20 October 2026

Compare trading fees on the same basis

Advertised minimum spreads and commission schedules do not show the full realized cost. Use the same instrument, trade size and holding time; include financing and conversion.

  • IC Markets — Spread: Advertised from 0.8 pips Standard; 0.0 Raw.
  • IC Markets — Commission: MetaTrader Raw Spread: USD 3.50 per standard lot per side; USD 7 round turn. Standard: no commission, advertised spread from 0.8 pips.
  • XM — Spread: Not stated in the reviewed source set.
  • XM — Commission: Current Global numeric fees remain unconfirmed. Live EN/ID/TW account pages fetched Cyprus/EEA Ultra Low and Zero terms; do not apply those prices to Belize accounts.

Contracting entity · icmarkets-global.com Platforms · icmarkets.sc Commission · xm.com

Account A: spread 8 plus commission 0 equals 8 USD. Account B: spread 2 plus commission 7 equals 9 USD, before holding costs.
An original FINEX educational illustration. Example figures, where shown, are hypothetical; they are not provider quotes or test results. Open full-size diagram
Diagram explained

A smaller spread does not always mean a cheaper trade.

  1. Fictional accounts: A has USD 8 spread cost and no commission; B has USD 2 spread cost and USD 7 round-trip commission.
  2. A totals USD 8 and B USD 9 before holding costs, conversion, slippage and other applicable charges.
  3. When comparing providers, also align the legal entity, account type, country and withdrawal route. A cost example alone cannot establish overall quality.

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Legal terms and withdrawal route

Confirm the company named in your agreement, then separate provider processing from bank or payment-network arrival. Check return-to-source rules, fees, method eligibility and supporting documents.

  • IC Markets — Contracting entity: Raw Trading Ltd.
  • IC Markets — Regulatory disclosure: Raw Trading Ltd reports Seychelles FSA SD018.
  • IC Markets — Withdrawal methods: Bank, cards, Neteller/Skrill/online wallets, crypto and local payments are documented. Availability is account-dependent; third-party fees and ownership checks may apply.
  • IC Markets — Withdrawal processing: Same-day standard processing before the published cut-off; instant processing only for eligible requests. Local bank arrival 1–2 business days; international 2–14; cards usually 3–5 after processing.
  • XM — Contracting entity: XM Global Limited reports Belize FSC licence 8557558; this does not establish Cyprus protection for a Global client.
  • XM — Regulatory disclosure: XM Global Limited reports Belize FSC licence 8557558.
  • XM — Withdrawal methods: Public FAQ lists cards, bank/local transfers and e-wallets; individual availability must be checked in WebTrader/App Funding. No third-party payment accounts.
  • XM — Withdrawal processing: FAQ states automated processing; card/bank arrival typically 2–5 business days. XM states no own withdrawal fee; international wire own-bank fees covered from USD 200. Confirm entity and provider charges.

Contracting entity · icmarkets-global.com Withdrawal methods · icmarkets.sc Contracting entity · xm.com Regulation · xm.com Withdrawal methods · xm.com

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Match the spread, commission and overnight charges to your trading approach before choosing an account.

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View the detailed comparisonRead the review: ic-markets

Continue your research

Sources and scope

Sources are provider publications. Conditions may vary by entity, country, account and program. Recheck before signing up.

  1. Contracting entity · icmarkets-global.com
  2. Payments · icmarkets-global.com
  3. Platforms · icmarkets.sc
  4. Withdrawal methods · icmarkets.sc
  5. Deposits · xm.com
  6. Regulation · xm.com
  7. Account terms · xm.com
  8. Eligibility · xm.com
  9. Withdrawal methods · xm.com
  10. XM Reviews withdrawal FAQ
  11. XM Global Client Agreement, section 55 (page 55)
  12. Contracting entity · xm.com
  13. Commission · xm.com
  14. IC / IC Markets Global — country policy, checked 20 October 2026
  15. XM Global — country policy, checked 20 October 2026

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