Detailed side-by-side analysis of Exness vs ICMarkets
| Feature | Exness | ICMarkets |
|---|---|---|
| Headquarters | Seychelles. | Sydney, Australia. |
| Type of Broker | STP, ECN | ECN |
| Founded | 2008 | 2007 Older |
| Regulated By | CySEC, FCA, FSA, FSCA, CBCS, FSC, CMA | CySEC, FSA, ASIC |
| Offices | F20, 1st floor, Eden Plaza, Eden Island, Seychelles, Seychelles | Level 4, 50 Carrington Street, Sydney, NSW 2000, NSW 2000, Australia |
| Supported Languages | English, Chinese, Thai, Vietnamese, Arabic, Bengali, Hindi and Urdu | ENGLISH, 简体中文, ไทย, INDONESIA, 한국어, DEUTSCH, FRANÇAIS, PORTUGUES, ESPAÑOL, TIẾNG VIỆT, РУССКИЙ, ITALIANO, БЪЛГАРСКИ, HRVATSKI, 繁體中文, فارس |
Exness and ICMarkets are both trusted forex brokers. Exness offers user-friendly conditions for beginners, while ICMarkets focuses on raw spreads and professional-level trading environments.
This isn’t just another comparison. What you’ll discover next could save you from choosing the wrong broker.
Exness and ICMarkets are widely used forex brokers with strong global reach. Both operate regulated entities and support MetaTrader platforms with raw-spread pricing models.
Exness stands out for low minimum deposit, higher leverage options, and flexible account structure. ICMarkets focuses on institutional-grade liquidity, tighter average spreads on standard accounts, and advanced execution through multiple trading platforms, including cTrader
| Feature | Exness | ICMarkets | Winner |
|---|---|---|---|
| Regulation | FCA, CySEC, FSCA, FSA, CMA & JSC | ASIC, CySEC, CMA | ICMarkets |
| Minimum Deposit | From $10 | Around $200 | Exness |
| Leverage | Up to 1:2000 | Up to 1:500 | Exness |
| Raw Account Spreads | From 0.0 pips | From 0.0 pips | Tie |
| Commission (Raw) | ~$3.50 per lot | ~$3.50 per lot | Tie |
| Platforms | MT4, MT5, Exness Terminal | MT4, MT5, cTrader | ICMarkets |
| Account Types | Standard, Pro, Raw, Zero, Cent | Standard, Raw | Exness |
| Asset Range | Forex, crypto, stocks, indices, commodities | Forex, indices, commodities, bonds, crypto | ICMarkets |
Our Safety Pick: ICMarkets leads in regulatory strength, platform variety, and standard account spreads. Exness leads in accessibility, leverage flexibility, and lower deposit requirements.
| Feature | Exness | ICMarkets |
|---|---|---|
| Account Currencies | (95+) | (60+) |
| Minimum Deposit | $50 | $0 |
| Maximum Leverage | 1:Unlimited | 1:1000 |
| Minimum Contract Size | 0.01 lots | 0.01 lots |
| ECN/STP Accounts Offered | ||
| Demo Account Expiry | N/A | N/A |
| Islamic Accounts | ||
| Traders from USA |
Exness offers 5 structured account types divided into Standard and Professional categories. Entry barrier remains low, with commission-free and micro-lot options available.
IC Markets follows a pricing-focused structure. Core accounts include Standard and Raw Spread variants, with additional institutional-style tiers such as Raw Pro.
Exness provides broader flexibility across experience levels. IC Markets focuses on execution quality, tight spreads, and professional trading conditions.
| Factor | Exness | ICMarkets | Winner |
|---|---|---|---|
| Account Types | Standard, Standard Cent, Pro, Raw Spread, Zero | Standard, Raw Spread, Raw Pro, cTrader | Exness |
| Beginner Accounts | Standard, Standard Cent | Standard account | Exness |
| Professional Accounts | Pro, Raw Spread, Zero | Raw Spread, Raw Pro, cTrader | Tie |
| Spread Structure | From 0.0 pips (Pro accounts), 0.2–0.3 pips (Standard) | From 0.0 pips (Raw), ~0.8 pips (Standard) | ICMarkets |
| Commission | Zero commission (Standard/Pro), commission on Raw accounts | Commission on Raw accounts | Tie |
| Minimum Deposit | From $10 | From $200 | ICMarkets |
| Execution Types | Market and instant execution (Pro) | ECN-style raw pricing, deep liquidity | ICMarkets |
| Account Complexity | Structured tiers by experience level | Pricing-based structure | Exness |
Winner: Exness (Account Flexibility)
Exness delivers a broader account structure. IC Markets leads in pricing efficiency and execution quality. Exness leads in accessibility and account diversity.
| Feature | Exness | ICMarkets |
|---|---|---|
| Typical Spread on Majors | 0.0 pips | 0.0 pips |
| Interest on Margin | ||
| Commission on STP or ECN/STP | $3.50 | $3.50 |
| EUR/USD | Yes | Yes |
| GBP/USD | Yes | Yes |
| USD/JPY | Yes | Yes |
| Hedging | ||
| Scalping |
Both brokers operate a dual pricing model. Spread-only accounts and raw spread accounts with commissions.
IC Markets delivers tighter average spreads on standard accounts. Raw pricing remains highly competitive with institutional liquidity access.
Exness provides flexible pricing structures. Zero-spread conditions appear on selected instruments and time periods, combined with variable commission models.
Cost efficiency depends on account selection, trading frequency, and execution conditions.
| Factor | Exness | IC Markets | Winner |
|---|---|---|---|
| Standard Account Spread (EUR/USD) | ~1.0 pip average | From 0.8 pips | IC Markets |
| Raw Spread (EUR/USD) | From 0.0 pips | From 0.0 pips | Tie |
| Commission (Raw Account) | ~$3.5 per lot per side | $3.5 per lot per side ($7 round) | Tie |
| Commission-Free Option | Yes (Standard, Pro accounts) | Yes (Standard account) | Tie |
Winner: IC Markets
IC Markets delivers tighter average spreads and consistent execution pricing. Exness provides greater flexibility. IC Markets provides more predictable and often lower total trading costs.
| Feature | Exness | ICMarkets |
|---|---|---|
| Platforms Offered | MT4, MT5 | MT4, MT5, cTrader, TradingView |
| One-Click-Execution | ||
| Mobile Alerts | ||
| Email Alerts | ||
| VPS Offered | ||
| MetaTrader Server Time (winter) | N/A | N/A |
Exness provides a multi-platform ecosystem including MetaTrader 4, MetaTrader 5, Exness Terminal (web), and Exness Trade mobile app, with integrated tools such as TradingView charts, Trading Central signals, economic calendar, and one-click execution.
IC Markets focuses on MetaTrader 4, MetaTrader 5, and cTrader, offering advanced charting, algorithmic trading support, and third-party analytics tools.
Exness emphasizes proprietary platforms and integrated in-app tools. IC Markets emphasizes third-party platforms with broader customization for algorithmic traders.
| Feature | Exness | IC Markets | Winner |
|---|---|---|---|
| Platforms | MT4, MT5, Exness Terminal, Exness Trade | MT4, MT5, cTrader | IC Markets |
| Web Trading | Browser-based Exness Terminal | Web access via MetaTrader/cTrader | Exness |
| Mobile Trading | Dedicated Exness Trade and MT5 mobile | MT4/MT5 and cTrader mobile apps | Exness |
| Charting Tools | TradingView integration, 100+ indicators | Advanced charting via MT4/MT5/cTrader | IC Markets |
| Technical Indicators | 100+ built-in indicators | Extensive via MetaTrader/cTrader | IC Markets |
| Analytical Tools | Trading Central signals, economic calendar, market news | Third-party plugins, limited native tools | Exness |
| Automated Trading | Expert Advisors (MT4/MT5) supported | EAs on MT4/MT5, cTrader algo trading | IC Markets |
| One-Click Trading | Available across platforms | Available across platforms | Tie |
| Order Types | Market, pending, stop, TP/SL, alerts | Market, pending, advanced orders on cTrader | IC Markets |
Winner: IC Markets
IC Markets platforms prioritize depth and customization. cTrader and MetaTrader environments provide stronger support for algorithmic trading workflows and external plugins.
Exness platforms prioritize accessibility and integrated functionality. Browser and mobile-first tools reduce dependency on external software.
| Feature | Exness | ICMarkets |
|---|---|---|
| Number of Pairs | 100 | 61+ |
| CFD's | ||
| Metals | ||
| Oil | ||
| Indices | ||
| Stocks | ||
| Futures | ||
| Binary Options |
Exness and IC Markets both offer multi-asset CFD trading across forex, indices, commodities, stocks, and cryptocurrencies. IC Markets provides a broader product depth, including bonds and futures alongside over 2100 stock CFDs.
Exness focuses on a balanced but slightly narrower range centered on forex, metals, indices, stocks, and crypto. IC Markets leads in asset variety, while Exness maintains strong coverage across core CFD markets.
| Asset Class | Exness | IC Markets | Winner |
|---|---|---|---|
| Forex | Major, minor, exotic pairs (CFDs) | 61 currency pairs with deep liquidity | IC Markets |
| Commodities | Metals and energies CFDs | Over 20+ | IC Markets |
| Indices | Global indices CFDs | 25 global indices CFDs | IC Markets |
| Stocks | CFDs on major global stocks | 2100+ stock CFDs | IC Markets |
| Cryptocurrencies | Major crypto CFDs | 20+ cryptocurrencies CFDs | IC Markets |
| Bonds | Not available | Government bond CFDs available | IC Markets |
| Futures | Not offered | Futures CFDs (e.g., VIX, Dollar Index) | IC Markets |
| Market Depth | Core CFD categories only | Wider institutional-style multi-asset coverage | IC Markets |
Winner: ICMarkets
IC Markets delivers wider market access across multiple asset classes. Exness maintains solid multi-asset CFD coverage.
Exness provides a broader range of instant, region-specific payment systems with zero internal fees on most methods. IC Markets supports fewer methods, focused on bank transfers, cards, and selected e-wallets, with stricter processing structures.
| Factor | Exness | IC Markets | Winner |
|---|---|---|---|
| Supported Methods | Bank transfer, cards, e-wallets, local payment systems, crypto (region-based) | Bank transfer, Visa/Mastercard, PayPal, Skrill, Neteller, UnionPay | Exness |
| Local Payment Systems | Extensive | Limited | Exness |
| Crypto Payments | Available (BTC, USDT, others depending on region) | Not supported | Exness |
| Deposit Fees | Zero internal fees on most methods | No broker fees, third-party fees may apply | Tie |
| Withdrawal Fees | Zero internal fees on most methods | No broker fee, bank/intermediary charges possible | Tie |
| Processing Time (Deposits) | Instant for most methods | Instant for cards/e-wallets, slower for bank wires | Exness |
| Processing Time (Withdrawals) | Instant for e-wallets and local methods | 1–5 business days for bank transfers | Exness |
| Payment Control Rules | Automated system, strict account verification required | Manual review layers, strict AML compliance | IC Markets |
Winner: Exness
Exness leads in accessibility, speed, and regional adaptability. IC Markets delivers structured and compliant payment routing.
Exness operates under a broader global regulatory framework across multiple jurisdictions in Europe, Africa, and offshore regions. IC Markets maintains fewer licenses, though it includes strong Tier-1 regulators such as ASIC and CySEC.
Legal strength differs by entity. Exness offers wider geographic licensing coverage. IC Markets delivers tighter oversight under fewer, higher-tier regulators.
| Factor | Exness | ICMarkets | Winner |
|---|---|---|---|
| Top-Tier Regulation | FCA (UK), CySEC (EU) | ASIC (Australia), CySEC (EU) | IC Markets |
| Mid/Regional Licenses | FSCA (South Africa), CMA (Kenya), JSC (Jordan) | CMA (Kenya) | Exness |
| Offshore Licenses | FSA (Seychelles), FSC (BVI, Mauritius), CBCS (Curaçao) | FSA (Seychelles) | Exness |
| Investor Protection Schemes | Varies by entity, limited offshore protection | EU ICF up to €20,000, segregated funds | IC Markets |
| Segregation of Funds | Required under multiple regulators | Yes, with top-tier banks | Tie |
| Negative Balance Protection | Available under regulated entities | Available under ASIC/CYSEC entities | Tie |
Winner: IC Markets delivers stronger regulatory quality per license.
Customer support at Exness is broader in language coverage and fully 24/7 across major channels. IC Markets also delivers reliable support with fast live chat and multiple channels, though language reach is slightly narrower, and some regional limitations exist. Overall, both brokers maintain strong global support systems, with Exness holding a slight edge in accessibility.
| Feature | Exness | IC Markets | Winner |
|---|---|---|---|
| Support Availability | 24/7 across key languages | 24/7 support via chat, email, phone | Tie |
| Live Chat | Available, fast response | Available, typically instant or within minutes | Tie |
| Email Response Time | Within 24 hours | Within 24 hours (often faster) | Tie |
| Phone Support | Available (region-based) | Available (global numbers) | Tie |
| Languages Supported | 14+ languages | Fewer languages than Exness | Exness |
Winner: Exness stands out for broader language accessibility and stronger localization. IC Markets remains highly responsive and reliable for technical and trading-related queries.
Choosing between Exness and ICMarkets isn’t about which broker is better; it’s about which one fits your trading style.
Exness stands out for speed, flexibility, and easy access, making trading smooth and beginner-friendly.
ICMarkets, on the other hand, is built for precision, low costs, and pro-level execution. Perfect for traders who demand performance.
| Choose Exness if you | Choose IC Markets if you |
|---|---|
| Need instant deposits & fast withdrawals | Want raw spreads + lowest possible trading costs |
| Want high or flexible leverage | Use scalping, EAs, or automated strategies |
| Prefer a low minimum deposit to start small | Need fast, stable execution with deep liquidity |
| Are you a beginner or casual trader | Are you an advanced or high-volume trader |
| Trade frequently and want a simple, smooth experience | Prefer pro trading platforms & tools |
Exness and ICMarkets position themselves for different trader profiles. Exness emphasizes accessibility with low entry barriers, high leverage options, and flexible account structures.
ICMarkets focuses on tighter standard spreads, deeper liquidity access, and broader platform support, including cTrader alongside MetaTrader. The distinction centers on cost structure, execution quality, and account accessibility rather than overall capability.
Exness is better for beginners and traders who want instant withdrawals and flexible leverage. IC Markets is better for advanced traders who need raw spreads and fast execution
IC Markets generally offers lower raw spreads, especially on ECN accounts. Exness also has competitive spreads, but IC Markets is often preferred for ultra-low-cost trading.
Both Exness and IC Markets are regulated brokers with strong reputations.