XM
Matched to regulator records
CySEC
Other entities and evidence →Side-by-side regulation, licences, protection facts and source coverage.
What will you pay for?
CY · Trading Point of Financial Instruments Limited
Zero: USD7 round trip per USD100,000 traded. EUR/USD minimum spreads: Ultra Low 0.8, Zero 0.
Public documents for the named entity/account. Confirm residence acceptance when applying.
Cyprus entity / EEA scope. Cost disclosure linked from the current legal list; effective date not stated. USD notional, not a flat fee per lot. Holding charges may debit or credit. After at least 90 inactive days, monthly dormant fee USD10, capped at free balance. Minimum spreads retain the 29 September account-page check.
Cyprus Costs and Associated Charges — section 3.1.3, page 3 ↗ · 2026-09-30Cyprus legal documents — current Costs and Charges link ↗ · 2026-09-30Cyprus account overview — EUR/USD minimum spreads ↗ · 2026-09-29AU · International Capital Markets Pty Ltd
MT4 Raw: USD3.50 on USD accounts or AUD4.50 on AUD accounts per standard lot per side. Standard: zero commission; EUR/USD minimum 0.8 pips.
Australian entity disclosures; check account/product applicability.
Account-currency rates for FX/metals. cTrader/TradingView instead charge USD3 per USD100,000 per side. Published minimums are not measured averages.
MT4 Raw commission — account currency / standard lot; EURUSD minimum; cTrader terms ↗ · 2026-09-30Which tools can you use?
CY · Trading Point of Financial Instruments Limited
Lists MT4 and MT5.
Public documents for the named entity/account. Confirm residence acceptance when applying.
AU · International Capital Markets Pty Ltd
MT4/MT5; cTrader/TradingView use a separate Raw account.
Australian entity disclosures; check account/product applicability.
Who is covered, and how?
CY · Trading Point of Financial Instruments Limited
Account overview states negative balance protection.
Public documents for the named entity/account. Confirm residence acceptance when applying.
AU · International Capital Markets Pty Ltd
FAQ states retail negative balance protection.
Australian entity disclosures; check account/product applicability.
Does not establish Pro coverage or insolvency compensation.
FAQ — Do you offer negative balance protection? ↗ · 2026-09-29Swipe horizontally to compare the same field.
| Costs | XMCY · Trading Point of Financial Instruments LimitedSources and caveats ↗ · 2026-09-30 | IC MarketsAU · International Capital Markets Pty LtdSources and caveats ↗ · 2026-09-30 |
|---|---|---|
| Published minimum spread | Ultra Low0.8 EUR/USD · Check unit in source Zero0 EUR/USD · Check unit in source | Standard0.8 pips EUR/USD |
| Trading commission | ZeroUSD7 per USD100,000 traded / round trip Based on USD100,000 notional, not a flat per-lot fee. | MT4 Raw · USDUSD3.50 per lot / side MT4 Raw · AUDAUD4.50 per lot / side Standard0 FX/metals. Match account currency and platform. |
| Holding charges | Additional; check instrument and holding period | Figure not recorded |
| Currency conversion | Figure not recorded | Figure not recorded |
| Other charges | After 90+ inactive days: USD10/month, capped at free balance. | Figure not recorded |
Compare only matching accounts, instruments and currencies. Unrecorded does not mean free. Minimums are not observed averages.
Trading Point of Financial Instruments Limited: Zero: USD7 round trip per USD100,000 traded. EUR/USD minimum spreads: Ultra Low 0.8, Zero 0.
Cyprus entity / EEA scope. Cost disclosure linked from the current legal list; effective date not stated. USD notional, not a flat fee per lot. Holding charges may debit or credit. After at least 90 inactive days, monthly dormant fee USD10, capped at free balance. Minimum spreads retain the 29 September account-page check.
Cyprus Costs and Associated Charges — section 3.1.3, page 3 ↗ · 2026-09-30Cyprus legal documents — current Costs and Charges link ↗ · 2026-09-30Cyprus account overview — EUR/USD minimum spreads ↗ · 2026-09-29International Capital Markets Pty Ltd: MT4 Raw: USD3.50 on USD accounts or AUD4.50 on AUD accounts per standard lot per side. Standard: zero commission; EUR/USD minimum 0.8 pips.
Account-currency rates for FX/metals. cTrader/TradingView instead charge USD3 per USD100,000 per side. Published minimums are not measured averages.
MT4 Raw commission — account currency / standard lot; EURUSD minimum; cTrader terms ↗ · 2026-09-30Where should you start?
This comparison lacks the verified information needed to identify a candidate.
Find candidates by residence →First read the legal company name in your account agreement. Open the matching entity below; if it is not listed, check the other entities on the detail page. No residence-to-entity assignment is inferred.
Other group entities are outside this table; see the company details. Licence counts describe evidence coverage, not safety or superiority.
Matched to regulator records
CySEC
Other entities and evidence →Matched to regulator records
ASIC
Other entities and evidence →What the sources show →Candidates have recorded active status, regulator verification, a licence number, source and check date. These are dated records, not a safety or account-opening guarantee. Display order follows your selection.
Recorded client-protection facts differ in this comparison scope
A stored legal entity is not catalog-applicable to this website.
A licence is recorded, but verification remains unresolved. / Primary-source evidence is not yet available for a recorded licence. / A licence identifier is not exposed by the regulator source. / A stored legal entity is not catalog-applicable to this website.
A summary of the research covered here. Unconfirmed does not mean there is no issue.
1 slot open
2 brokers in this comparison
This comparison covers recorded entities. Country eligibility is confirmed separately in Finder.
1 not catalog-applicable
2 not catalog-applicable
Each licence stays attached to its legal entity.
1 entity
1 licence · 1 verified of 1 · CySEC
Trading Point Of Financial Instruments Ltd
Cyprus · 251334
Catalog-applicable to this website
CySEC · 120/10
Matched to regulator records · Not independently recorded
CySEC register2 entities
2 licences · 1 verified of 2 · 1 unresolved · FSA · ASIC
IC Markets (SC) Ltd
Seychelles
Catalog-applicable to this website
FSA · —
Unverified · Not independently recorded
Primary-source evidence not yet availableInternational Capital Markets Pty Ltd
Australia · 123289109
Catalog-applicable to this website
ASIC · 335692
Matched to regulator records · matched on ASIC current AFS extract 202609 as INTERNATIONAL CAPITAL MARKETS PTY. LTD.; start date 02/07/2009
ASIC register1 of 1 confirmed
Trading Point Of Financial Instruments Ltd
Cyprus
Confirmed
1 of 2 confirmed
IC Markets (SC) Ltd
Seychelles
Not yet checked
International Capital Markets Pty Ltd
Australia
Confirmed
1 of 1 confirmed
Trading Point Of Financial Instruments Ltd
Cyprus
Confirmed
Not recorded in this file
IC Markets (SC) Ltd
Seychelles
Not yet checked
International Capital Markets Pty Ltd
Australia
Not yet checked
1 of 1 confirmed
Trading Point Of Financial Instruments Ltd
Cyprus
Confirmed
CySEC Investor Compensation Fund (ICF) · Lower of 90% of the covered claim or EUR 20,000
Not recorded in this file
IC Markets (SC) Ltd
Seychelles
Not yet checked
International Capital Markets Pty Ltd
Australia
Not offered
| Compare brokers | 1 verified of 11 unresolved | 1 verified of 24 unresolved |
|---|---|---|
Evidence SnapshotCatalog-applicable coverage counts currently recorded for each file. | ||
| Recorded legal entitiesDifferent | 2 recorded | 4 recorded |
| Catalog-applicable entitiesDifferent | 1 displayed 1 not catalog-applicable | 2 displayed 2 not catalog-applicable |
| Recorded licencesDifferent | 1 recorded | 2 recorded |
| Verified catalog licencesDifferent | 1 of 1 recorded licences | 1 of 2 recorded licences |
| Unverified catalog licencesDifferent | 0 unverified | 1 unverified |
| Primary regulator sourcesSame recorded value | 1 source available | 1 source available |
| Protection recordsDifferent | Recorded for 1 of 1 entities | Recorded for 2 of 2 entities |
| Regulatory eventsSame recorded value | Not recorded in this file | Not recorded in this file |
| Evidence freshnessDifferent | Sep 30, 2026 | Sep 19, 2026 |
| Unresolved comparison issuesDifferent |
|
|
| Research confidenceSame recorded valueFile completeness / evidence coverage. Not a safety rating. | High | High |
| Profile facts checkedSame recorded value | Aug 20, 2026 | Aug 20, 2026 |
| Data coverageSame recorded value | Regulation monitored A legal entity is stored, but it is not catalog-applicable to this website. | Regulation monitored A legal entity is stored, but it is not catalog-applicable to this website. |
| Evidence limitationsSame recorded value |
|
|
| Official websiteDifferentStored website URL. Not an open-account destination. | xm.com | icmarkets.com |
Entities & RegulationLicences attach to legal entities, not marketing brands. | ||
| Legal entitiesDifferentEach licence stays attached to its legal entity. | 1 entity 1 licence · 1 verified of 1 · CySEC View entity detail
| 2 entities 2 licences · 1 verified of 2 · 1 unresolved · FSA · ASIC View entity detail
|
| Stored regulatory eventsAbsence of a stored event is not a finding. | Not in this file yet | Not in this file yet |
Client ProtectionClient-money facts are stored by legal entity. | ||
| Negative balance protectionDifferent | 1 of 1 confirmed Trading Point Of Financial Instruments Ltd
| 1 of 2 confirmed Legal entities: 2
|
| Segregated client fundsDifferent | 1 of 1 confirmed Trading Point Of Financial Instruments Ltd
| Not recorded in this file Legal entities: 2
|
| Investor compensationDifferent | 1 of 1 confirmed Trading Point Of Financial Instruments Ltd
| Not recorded in this file Legal entities: 2
|
Trading & PlatformsAdvertised account figures and recorded platforms on file. | ||
| Execution modelSame recorded valueNot recorded as a separate field in this file. | Not in this file yet | Not in this file yet |
| Advertised spreadSame recorded value | Not in this file yet | Not in this file yet |
| CommissionSame recorded value | Not in this file yet | Not in this file yet |
| LeverageSame recorded value | Not in this file yet | Not in this file yet |
| Minimum depositSame recorded value | Not in this file yet | Not in this file yet |
| Instrument coverageSame recorded value | Not in this file yet | Not in this file yet |
| PlatformsSame recorded value | Not in this file yet | Not in this file yet |
| Account typesSame recorded value | Not in this file yet | Not in this file yet |
| Base currenciesSame recorded value | Not in this file yet | Not in this file yet |
Catalog-applicable coverage counts currently recorded for each file.
Recorded legal entities
DifferentCatalog-applicable entities
DifferentVerified catalog licences
DifferentUnverified catalog licences
DifferentPrimary regulator sources
Same recorded valueProtection records
DifferentRegulatory events
Same recorded valueEvidence freshness
DifferentUnresolved comparison issues
DifferentResearch confidence
Same recorded valueFile completeness / evidence coverage. Not a safety rating.
Profile facts checked
Same recorded valueData coverage
Same recorded valueA legal entity is stored, but it is not catalog-applicable to this website.
A legal entity is stored, but it is not catalog-applicable to this website.
Evidence limitations
Same recorded valueOfficial website
DifferentStored website URL. Not an open-account destination.
Licences attach to legal entities, not marketing brands.
Legal entities
DifferentEach licence stays attached to its legal entity.
1 entity
1 licence · 1 verified of 1 · CySEC
Trading Point Of Financial Instruments Ltd
Cyprus · 251334
Catalog-applicable to this website
CySEC · 120/10
Matched to regulator records · Not independently recorded
CySEC register2 entities
2 licences · 1 verified of 2 · 1 unresolved · FSA · ASIC
IC Markets (SC) Ltd
Seychelles
Catalog-applicable to this website
FSA · —
Unverified · Not independently recorded
Primary-source evidence not yet availableInternational Capital Markets Pty Ltd
Australia · 123289109
Catalog-applicable to this website
ASIC · 335692
Matched to regulator records · matched on ASIC current AFS extract 202609 as INTERNATIONAL CAPITAL MARKETS PTY. LTD.; start date 02/07/2009
ASIC registerStored regulatory events
Absence of a stored event is not a finding.
Client-money facts are stored by legal entity.
Negative balance protection
Different1 of 1 confirmed
Trading Point Of Financial Instruments Ltd
Cyprus
Confirmed
1 of 2 confirmed
IC Markets (SC) Ltd
Seychelles
Not yet checked
International Capital Markets Pty Ltd
Australia
Confirmed
Segregated client funds
Different1 of 1 confirmed
Trading Point Of Financial Instruments Ltd
Cyprus
Confirmed
Not recorded in this file
IC Markets (SC) Ltd
Seychelles
Not yet checked
International Capital Markets Pty Ltd
Australia
Not yet checked
Investor compensation
Different1 of 1 confirmed
Trading Point Of Financial Instruments Ltd
Cyprus
Confirmed
CySEC Investor Compensation Fund (ICF) · Lower of 90% of the covered claim or EUR 20,000
Not recorded in this file
IC Markets (SC) Ltd
Seychelles
Not yet checked
International Capital Markets Pty Ltd
Australia
Not offered
Advertised account figures and recorded platforms on file.
Execution model
Same recorded valueNot recorded as a separate field in this file.
Advertised spread
Same recorded valueCommission
Same recorded valueLeverage
Same recorded valueMinimum deposit
Same recorded valueInstrument coverage
Same recorded valuePlatforms
Same recorded valueAccount types
Same recorded valueBase currencies
Same recorded valueCheck the contracting entity and current terms on the official website before applying. A website link does not confirm account approval.
Category-level differences drawn from the evidence recorded in this comparison. A category is held by one broker or by none, and the page never adds them into an overall result.
Broader recorded licence coverage
IC Markets
IC Markets has more recorded licences across more regulators in this scope.
More recorded client-protection evidence
XM
XM has the most confirmed segregation, negative-balance and compensation records in this scope.
Fewer unresolved comparison issues
XM
XM has the fewest open comparison issues in this scope. Open issues are research still outstanding, not adverse findings.
These are category-level recorded differences, not overall ratings.
For recorded regulatory coverage
IC Markets
This file currently records the widest regulatory presence in the current scope.
See related evidenceFor recorded client-protection evidence
XM
This file currently records the most client-protection and safeguarding facts in the current scope.
See related evidenceFor fewer open questions
XM
This file currently has the fewest items still outstanding in this comparison.
See related evidenceOur view is based on catalog-applicable evidence only.
Always review the full research files and official sources.
5 of 7 differ
Legal entities recorded
DifferentVerified catalog licences
DifferentLicence records with source links
Same recorded valueUnresolved comparison issues
DifferentClient-protection evidence
DifferentResearch confidence
Same recorded valueLast verified (current scope)
DifferentSide-by-side recorded values only. This summary does not score, rank or determine an evidence advantage.
Rows where the recorded values are not identical carry a neutral marker. It shows that the files differ, not which value is preferable.
Research still outstanding
These cards list open comparison issues in the current research files. They are research still outstanding — not findings against a broker.
More open research issues does not mean a broker is less safe.
Unresolved comparison issuesIssue types found in the current research file. Each issue counts once, not once per licence. Unresolved is not the same as adverse. These are issue categories, not licence counts. Catalog-applicable licence counts are listed separately below.
Missing coverageRows marked Not in this file yet in the table above are missing coverage, which is a different gap from an unresolved comparison issue.
XM
1 unresolved comparison issue
IC Markets
4 unresolved comparison issues
Jump to a chapter of the audit record below. Every section is rendered in full on this page.
Blue = verified record · Orange = unresolved / incomplete research · Gray = not in file / not monitored / not applicable · Colors indicate evidence status, not broker safety.
XM
1 legal entity in scope, 1 of 1 licence verified, and client-protection evidence on file.
IC Markets
2 legal entities in scope, 1 of 2 licences verified, and client-protection evidence on file.