It greatly benefits traders, particularly during periods of extreme volatility like those following high-impact events. How did they do that? IC Markets is able to constantly find the best deal for its clients and maintain narrow spreads by combining quotes from up to 25 different liquidity providers.
Their average EUR/USD spread, as low as 0.1 pips, is now one of the tightest in the world. On the MetaTrader and cTrader platforms, raw spreads begin at 0.0 pips. IC Markets has long been providing some of the tightest spreads among all forex brokers worldwide through their Raw Spread Account. As we could not monitor global spreads fluctuation in real-time, we can only compare the available rules for spreads on IC Markets vs XM broker. Nevertheless, spreads offered by forex brokers may vary depending on the specific account type and market conditions. In general, IC Markets may have the lowest spread, but XM is better when it comes to overall fees (spreads and commissions). However, which has the better spread between IC Markets vs XM? They welcome traders of various trading styles and backgrounds with speedy execution.
Spreads on IC Markets vs XM broker may vary depending on the specific account type and market conditions.īoth IC Markets and XM are some of the most well-known forex brokers in the industry.