IC Markets vs XM Trading Costs

RAW AVERAGE VS PUBLIC FLOOR

IC Markets vs XM Trading Costs

Compare IC Markets Raw Spread average pricing and commission with XM’s public spread floor while keeping the different measurement bases explicit.

Mixed-basis datasetVerified 25 Sep 2026Official broker sources

Verified cost dataset

IC EUR/USD Raw0.1 pip average; $3.50 per lot per side, or $7 round turn.
IC GBP/USD RawSpread average pending normalization. The $7 round-turn USD-account commission is verified, but ForexReview is withholding a spread figure because the current public table extraction is ambiguous.
IC USD/JPY RawSpread average pending normalization. The $7 round-turn USD-account commission is verified, but ForexReview is withholding a spread figure until it can be validated unambiguously.
XM public pricingSpreads as low as 0.8 pip; public global page advertises zero commission. The 0.8 figure is a floor, not an instrument-specific average.
Comparability note: IC EUR/USD uses an explicitly confirmed 0.1-pip Raw average, while XM uses a public minimum. IC GBP/USD and USD/JPY are currently kept Pending because the public table extraction is ambiguous. ForexReview therefore does not infer or rank those spread values.

Raw commission pricing versus a spread-based public offer

IC Markets Raw Spread uses a two-part cost structure: a low raw spread plus a separate commission. This makes trade frequency and lot size especially important because commission scales directly with volume.

XM’s public pricing claim is simpler—spread-based and zero commission—but the public source used here does not expose a matching average spread for each major pair. The comparison remains useful for understanding structure, but not for ranking average execution costs.

Cost comparison FAQ

Why did ForexReview use 0.1 pip for IC EUR/USD?

IC’s Raw Spread account page explicitly states an average EUR/USD spread of 0.1 pip. ForexReview uses that narrative figure rather than relying on a table scrape that can mis-format decimals.

What commission does IC Raw Spread charge?

The USD-based MetaTrader Raw Spread structure is $3.50 per lot per side, or $7 round turn for one standard lot.

Can XM’s 0.8-pip floor be compared directly with IC’s 0.1-pip average?

No. A minimum and an average answer different questions. The calculator shows both but keeps their status labels separate.