Exness vs ICMarkets Comparison & Reviews

Feature
Exness
IC Markets
Established
2008
2007
Regulation
FSA (Seychelles), CySEC (Cyprus), FCA (UK), FSCA (South Africa)
ASIC (Australia), CySEC (Cyprus), FSA (Seychelles)
Account Types
Standard, Standard Cent, Pro, Raw Spread, Zero
Standard, Raw Spread, cTrader Raw Spread
Minimum Deposit
$1 (varies by payment method and account type)
$200 (Standard and Raw Spread accounts)
Spreads
From 0.3 pips (Standard accounts), 0.0 pips (Zero accounts)
From 0.1 pips (Raw Spread account), 0.6 pips (Standard account)
Leverage
Up to 1:2000 (varies based on account and jurisdiction)
Up to 1:500 (ASIC)
Trading Platforms
MetaTrader 4, MetaTrader 5, Exness Trader
MetaTrader 4, MetaTrader 5, cTrader
Commission
No commission (Standard accounts), from $3.50 per lot (Raw and Zero accounts)
$3.00 per lot (Raw Spread account)
Assets
Forex, Metals, Cryptocurrencies, Indices, Energies, Stocks
Forex, Indices, Commodities, Bonds, Cryptocurrencies
Execution Type
Market execution
ECN (Raw Spread), Market execution (Standard)
Scalping
Allowed
Allowed
Hedging
Allowed
Allowed
Islamic Accounts
Available
Available
Negative Balance Protection
Yes
Yes
Deposit & Withdrawal Methods
Bank Transfer, Credit/Debit Card, Skrill, Neteller, Crypto wallets
Bank Transfer, Credit/Debit Card, PayPal, Skrill, Neteller
Deposit/Withdrawal Fees
No fees (varies for some methods)
No fees on deposits, withdrawal fees vary
Customer Support
24/7 multilingual support, live chat, email, phone
24/5 support, live chat, email, phone
Educational Resources
Webinars, trading articles, news, guides
Webinars, trading articles, video tutorials, guides
Research Tools
Economic calendar, news, sentiment analysis, VPS hosting
Economic calendar, news, sentiment analysis, VPS hosting
Copy Trading
Available via Exness Social Trading
Not directly, but third-party options supported
Promotions
No significant promotions due to regulatory restrictions
No significant promotions due to regulatory restrictions
User Interface
User-friendly, highly responsive mobile app
User-friendly, slightly more complex for cTrader users
Best For
Beginners due to flexible accounts and low deposits, high-leverage traders
Advanced traders needing low spreads, ECN and cTrader users
Mobile Trading Platform
Exness Trader (dedicated app for mobile trading)
MetaTrader 4, MetaTrader 5, cTrader mobile apps
Automated Trading (EAs)
Fully supports Expert Advisors on MT4 and MT5
Fully supports Expert Advisors on MT4, MT5, and cTrader
Account Currency Options
USD, EUR, GBP, multiple local currencies, crypto options
USD, EUR, GBP, AUD, SGD, HKD, JPY, NZD
Market Coverage
Extensive with over 100+ forex pairs, wide range of cryptos
Extensive with 60+ forex pairs, broader commodities focus
Micro-lot Trading
Available across Standard Cent accounts
Available across all account types
Order Types
Market, Limit, Stop, Trailing Stops, One-Click Trading
Market, Limit, Stop, Trailing Stops, Depth of Market
Risk Management Tools
Take Profit, Stop Loss, Trailing Stop, Negative Balance Protection
Take Profit, Stop Loss, Trailing Stop, Negative Balance Protection
Platform Languages
Available in over 20 languages
Available in 18+ languages
Advanced Charting Tools
In-depth chart analysis with multiple indicators, timeframes
Advanced charting, with full cTrader Depth of Market feature
Social Trading/Copy Trading Platform
Exness Social Trading app for copy trading
Not directly available, third-party platforms compatible
Execution Speed
Fast execution under 0.1 seconds
Generally very fast, ideal for scalping and day trading
Spread on Major Pairs
EUR/USD: ~0.3 pips (Standard), ~0.0 pips (Zero account)
EUR/USD: ~0.1 pips (Raw Spread)
Cryptocurrency Range
20+ crypto pairs including BTC, ETH, LTC, XRP
Around 10 crypto pairs including BTC, ETH, BCH, XRP
Stock CFD Availability
Wide selection with major US, UK, and EU stocks
Limited to major indices, not individual stocks
VPS Hosting
Free for accounts meeting minimum balance requirements
Free for accounts meeting minimum balance requirements
Swap-Free Limits
Unlimited for Islamic accounts
Limited days for swap-free trading on Islamic accounts
Chart Customization
High level of customization on both desktop and mobile
High level of customization, especially on cTrader
Volatility Protection
Offers gap protection on specific accounts
Offers price improvement options in volatile conditions
Additional Trading Tools
Currency converter, Tick history data, Trader’s Calculator
Depth of Market, one-click trading, cTrader Smart Stop Out
News Feed Integration
Integrated news from Dow Jones News
Integrated news from global sources
API for Developers
Trading API for third-party integration
FIX API available, especially suited for high-frequency traders
Account Verification Speed
Typically instant verification on basic accounts
Takes longer due to strict regulations (especially for ASIC-regulated accounts)
Specialized Trading Features
Instant withdrawals (for certain methods), quick deposits
Tight spreads, low latency with server proximity to major exchanges
User-Defined Leverage
Offers flexible, user-defined leverage up to 1:2000
Allows leverage adjustment, up to 1:500
Execution Transparency
High transparency with detailed trade reports
High transparency, ECN model ensures order matching with no requotes
Latency Optimization
Data centers in strategic global locations for low latency
Servers located in Equinix data centers (NY4, LD5, HK3) for low latency
Weekend Cryptocurrency Trading
Available, 24/7 crypto trading
Available, 24/7 crypto trading
Rebate Programs
No direct rebates, low trading fees instead
Rebates for high-volume traders
Account Maintenance Fees
None, no inactivity fees
None, no inactivity fees
Charting Interface Design
Simplified, intuitive interface in Exness Trader app
Advanced interface in cTrader, MetaTrader available
Market Depth Access
Basic level (order book access on specific accounts)
Full depth of market visibility in cTrader
Order Execution Guarantee
High fulfillment rates with minimal slippage
Order fulfillment with slippage control, especially on ECN accounts
Risk Disclosure
Extensive risk warnings and management options
Transparent with in-depth risk disclosure on high-leverage accounts
Trader Sentiment Tools
Available, shows client positioning
Available, provided by third-party analytics tools
Back-Testing Environment
Available for EAs on MetaTrader
Available for EAs, particularly robust on cTrader
One-Click Trading
Enabled across platforms
Enabled across platforms
Notifications & Alerts
Push notifications on market events, order changes
Price alerts, push notifications available on cTrader and MT platforms
Asset Filtering
Customizable watchlists, favorites
Customizable watchlists, with cTrader and MT
Daily and Weekly Market Analysis
Provided through the Exness Blog
Provided through IC Markets Blog and third-party analytics
Platform Upgrades
Regular updates on Exness Trader and MT
Frequent updates, especially on cTrader and MT5
Customizable Indicators
Yes, with thousands of available third-party add-ons
Yes, with additional proprietary indicators on cTrader
Multi-Account Manager (MAM)
Available for professionals managing multiple accounts
MAM and PAMM accounts available for asset managers
Social Trading Tracking
Social Trading app shows detailed follower performance
Tracking available via third-party integration only
Client Segregated Accounts
Funds held in segregated accounts with top banks
Funds held in segregated accounts, regulated by ASIC and CySEC
Affiliate Programs
Comprehensive affiliate program with high commission rates
Affiliate program for individual and institutional clients
New Account Opening Process
Fast, with simple online verification
Detailed, especially for ASIC accounts
Regional Restrictions
Available in most countries, limited in US and a few others
Available globally, but restricted in the US and Canada
News Sentiment Analysis
Dow Jones news feed with sentiment indicators
Reuters and other sources for advanced sentiment tracking
Learning Platform
Academy section with beginner-friendly tutorials, guides
Educational materials, but no dedicated academy portal
Customer Satisfaction Rating
Generally high due to support quality and platform stability
High, especially among experienced traders using cTrader
Order Modification Flexibility
Easily modifiable with instant changes on MT4/MT5
Full control on order modifications, especially on cTrader
Bonus and Incentive Policies
Generally does not offer bonuses due to regulatory restrictions
No bonuses, focuses on low spreads and commissions instead
See also  Exness vs Forex.com Comparison & Reviews

Exness offers flexible accounts, user-defined leverage, and a user-friendly app, while IC Markets provides low-latency ECN trading with advanced cTrader options, ideal for experienced traders seeking market depth and low spreads.