Exnessvs
IC MarketsForex Broker Comparison
In a head to head comparison, Exness and IC Markets battle for value across regulation, costs, and platform depth. The clash highlights how pricing models and platform choices shape outcomes.
Our Verdict
IC Markets winsby 0.3 pts
IC Markets edges Exness on the editorial score. This advantage comes from higher Fees & Spreads and Platforms & Tools ratings.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Instrument count: Exness 200 vs IC Markets 2200.
- 2Spreads: IC Markets raw 0.0 pips; Exness from 0.3 pips.
- 3Platforms: IC Markets MT4/MT5/cTrader; Exness MT4/MT5 only.
Who should choose Exness vs IC Markets?
Find out which broker best suits your trader profile.
Choose Exness if…
Choose Exness for the $1 minimum deposit and 24/7 instant withdrawals.
Choose IC Markets if…
Choose IC Markets for true ECN pricing and access to MT4, MT5, and cTrader.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
IC Markets offers tighter spreads from 0.00 pips vs 0.30 pips for Exness, reducing trading costs.
Best for safety & regulation
It’s a tie
Both equally suited
Exness vs IC Markets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.4/ 5 | 4.7/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.6 / 5▲ |
Exness vs IC Markets Forex Broker Pros & Cons
Pros
Near-unlimited leverage on offshore entity
Extremely low $1 minimum deposit on Standard account
Instant withdrawals available 24/7 including weekends
One of the world's highest-volume retail FX brokers
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Exness vs IC Markets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
Highlighted rows show where the two brokers differ
| Criteria | Exness | IC Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
Exness vs IC Markets: Frequently Asked Questions
The scores are close: Exness rates 4.4/5 and IC Markets rates 4.7/5. IC Markets has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
IC Markets starts from 0 pips, tighter than Exness's 0.3 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Exness has $1, while IC Markets requires at least $200. This makes Exness more accessible for traders with limited starting capital.
Both Exness and IC Markets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: Exness requires a lower minimum deposit ($1), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Exness lists maximum leverage of 2000:1, while IC Markets lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Exness charges $3.5 per lot, lower than IC Markets's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
Exness supports MetaTrader 5, MetaTrader 4, while IC Markets supports cTrader, MetaTrader 5, TradingView, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. IC Markets has exclusive access to cTrader and TradingView.
