XM vs ICICI Direct, Updated for 2025

Compare XM vs ICICI Direct

Every trading platforms feature a few ups and downs, and a complete analysis of XM vs ICICI Direct would not be regarded as thorough without having an objective perspective.

Examine XM and ICICI Direct to get a better understanding of the way they stack up with one another before you decide to make an account. Conducting a side-by-side comparison will bring aspects into perspective to ensure that you remain aware of what to expect.

So you are looking for a professional broker and are choosing between XM or ICICI Direct. Who should you choose?

This XM vs ICICI Direct comparison contains the most recent information so you can easily compare ICICI Direct against XM.

If you are a new entrant in the world of trading and brokerages, so many facts will be confusing for you. Getting into the area of trading requires expert assessing skills and thorough understanding. You will get proficient at all of the concepts of broker as you keep trading. For starters, you need to select the ideal broker who will be transparent with you always.

Within this fast-paced world of stock markets and trading, you'll need advice to make proper decisions. A professionally direct investment plan has the potential to generate hefty returns. XM and ICICI Direct are two such platforms that will take you along with your investment to great heights. It is crucial to compare XM vs ICICI Direct before you trust them with your cash.

Our XM vs ICICI Direct comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust XM and ICICI Direct side by side.

Our full XM vs ICICI Direct Review covers everything you need to know about trading using either XM or ICICI Direct. A fantastic agent can multiply your first investments and provide you positive profits. If you would like to earn profits, you should trade with a brokerage service that aligns with your investing goals.

There's absolutely no sure-fire method to guarantee profits; therefore, you must carefully analyze your agent before you choose them. It is a frequent misconception that all agents are the same, but that is not correct. Wrong judgment, initially, can put your investments at risk.

XM and ICICI Direct are both brokers which have paved their way successfully into the broker world. In this review, we've tried to collate some of the important facets of both XM and ICICI Direct. This review can allow you to know whether either ICICI Direct or XM is a good match for your own investments or not. We have attempted to breakdown all the features and charges for your convenience.

Benefits of XM and ICICI Direct Compared

XM offers a minimum deposit of $5 while ICICI Direct offers a $0 minimum deposit.

Why smaller minimum deposits are good and how XM and ICICI Direct compare

The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.

XM has around 100 financial instruments whilst ICICI Direct has around 100 on their platform.

The more financial instruments you can trade on the XM and ICICI Direct platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of XM or ICICI Direct.

XM and ICICI Direct Contact Details

Being able to contact an online trading platform through many ways is important. XM and ICICI Direct have the following contact details and social medias that you can use.

ICICI Direct and XM Mobile App Comparison

As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.

This part of comparing XM and ICICI Direct will examine whether their mobile app meets all our requirements.

We rate overall the user-friendliness of both apps as Better than the average.

It is important that any trading app has user friendly capabilities especially with the

Search Functions

Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?

XM vs ICICI Direct - Awards

XM vs ICICI Direct - Frequently Asked Questions

XM vs ICICI Direct - Headquarters And Year Of Founding

XM was founded in 2009 and has its head office in Cyprus.

ICICI Direct was founded in 1994 and has its headquaters in India.

What is the minimum deposit for ICICI Direct or XM

The minimum deposit for XM is $5.

The minimum deposit for ICICI Direct is $0.

Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both XM and ICICI Direct are a good option.

XM vs ICICI Direct - Regulation And Licencing In More Detail

XM is regulated by International Financial Services Commission(IFSC), Cyprus Securities and Exchange Commission (CySEC), Australian Securities and Investment Commission (ASIC).

ICICI Direct is regulated by Securities and Exchange Board of India (SEBI), Member of the Bombay Stock Exchange.

Both XM and ICICI Direct have a strong collection of rules for ensuring fair trading on their own platforms. For information encryption functions, they provide industry-standard secure socket layers (SSL).

As per their own privacy policies, customer information is never to be shared with any other institutions or individuals. Including credit history and other financial information.

Compare XM vs ICICI Direct Commission And Fees

XM and ICICI Direct are online broker platforms, and most online brokerages charge lower fees than traditional brokerages tend to bill. The reason for this is that the companies of online trading platforms are scaled much better. In other words, an internet broker is not necessarily influenced by the amount of customers they have.

But this doesn't necessarily mean that online brokers do not charge any fees. They charge fees of varying rates for a variety of services to make money. There are primarily 3 different types of penalties for this objective.

The first sort of fees to keep an eye out for are trading charges. Whenever you make a genuine trade, like buying a stock or an ETF, you're billed trading charges. In such instances, you are spending a spread, funding rate, or even a commission. The sorts of trading charges and the rates differ from broker to broker.

Commissions could be fixed or dependent on the traded quantity. On the other hand, a spread denotes the difference between the buying and selling cost. Financing or overnight rates are those who are billed when you hold a leveraged position for longer than daily.

Apart from trading fees, online brokers also charge non-trading fees. These are dependent on the actions you undertake on your accounts. They are charged for operations like depositing money, not trading for lengthy periods, or withdrawals.

In general, neither XM or ICICI Direct charge high fees in comparison to other online brokers. For operations other brokers fee for, they either do not charge a broker fee, or they charge a lesser amount. This is beneficial for those who regularly trade, such as weekly or daily trading.

However, non-trading fees charged by XM and ICICI Direct are relatively greater. As a result, you're charged more for non-trading activities on your trading accounts, like withdrawal and deposits. These are not related to the sale and purchase of resources.

This XM vs ICICI Direct review for 2025 breaks down every one of the relevant non-trading fees for you in detail.

Compare Broker Fees For XM And ICICI Direct

What Languages Do XM And ICICI Direct Support?

Being able to communicate easily with your trading broker is a key way of comparing trading platforms to find the best broker. Not only for support but to ensure you completely understand everything on their website and inside their application as it is a key part of success when trading forex.

Here you will find all the languages that both XM and ICICI Direct support.

How Many Clients Do XM and ICICI Direct Have?

Both XM and ICICI Direct are well established with their customer base. It is really important to work with a broker that is reputable and one of the most simple ways of establishing this is by knowing how many customers they already work with.

Below you will find details of how many customers XM and ICICI Direct are working with

What Payment Methods Do XM and ICICI Direct Accept?

XM and ICICI Direct both offer a wide range of payment options which is vital when you have a global customer base.

Below you will find details of all the payment options available at XM and ICICI Direct

What Can You Trade With XM and ICICI Direct?

XM offers 100 trading instruments while ICICI Direct offers 5000.

Below you will find a full breakdown of what both XM and ICICI Direct offer.