Exness vs IC Markets Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of Exness and IC Markets
| Broker | Exness | IC Markets |
|---|---|---|
| Rating | 4.3/5 | 4.7/5 |
| Foundation Year | 2008 | 2007 |
| Regulated in Countries | United Kingdom, Seychelles, South Africa, Mauritius, British Virgin Islands, Cyprus, Curacao, Kenya | Seychelles, Australia, Cyprus, Kenya |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Exness Review | IC Markets Review |
Exness is suitable for traders looking for a reliable broker with a decent selection of trading accounts and platforms.
IC Markets is suitable for traders looking for low spreads and ECN accounts and the ability to scalp and use expert advisors.
Exness Review
Broker Exness is one of the most attractive companies offering brokerage services for clients worldwide in the Forex market.
Partnership with leaders in financial analytics, minimal commissions, numerous positive client reviews, a well-established operational scheme, and a decent selection of real assets and account currencies makes trading with the broker profitable and secure.
Pros and Cons of Exness
Pros
- Wide selection of trading accounts.
- Instant fund withdrawal.
- Variety of trading platforms.
- A variety of analytical tools.
Cons
- Limited selection of educational materials.
- Average selection of markets and products.
- Deposit fees.
Exness is in the top 10 of the following ratings:
IC Markets Review
IC Markets is a reliable and versatile broker that offers a wide range of services and tools for trading in the financial markets. The company provides impressive trading instruments, high-quality trading platforms, advanced analytical tools, and valuable education for traders of all levels.
IC Markets is likely most suitable for experienced traders who value deep liquidity, tight spreads, and advanced trading tools. Beginner traders can also benefit from the educational materials offered by the company, but they should be prepared for some additional expenses and a higher minimum deposit requirement.
Pros and Cons of IC Markets
Pros
- A wide range of trading assets.
- Low spreads.
- Variety of trading platforms.
- Quality educational materials.
- Efficient customer support service.
Cons
- High minimum deposit.
IC Markets is in the top 10 of the following ratings:
Reliability
| Broker | Exness | IC Markets |
|---|---|---|
| Reliability | 5/5 | 5/5 |
| Foundation Year | 2008 | 2007 |
| Regulated in Countries | United Kingdom, Seychelles, South Africa, Mauritius, British Virgin Islands, Cyprus, Curacao, Kenya | Seychelles, Australia, Cyprus, Kenya |
| Regulators | FCA FCA SFSA SFSA FSCA FSCA FSC FSC BVIFSC BVIFSC CySEC CySEC CBCS CBCS CMA CMA | SFSA SFSA ASIC ASIC CySEC CySEC CMA CMA |
Exness
The reliability of Exness broker is confirmed by multiple licenses.
IC Markets
IC Markets operates under the regulation of several jurisdictions, including ASIC in Australia, CySEC in Cyprus, and SFSA in the Seychelles, indicating a high degree of regulation.
Account Opening
| Broker | Exness | IC Markets |
|---|---|---|
| Account Opening | 5/5 | 4.5/5 |
| Minimum Deposit |
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Exness
The account opening process at Exness is simple and accessible.
Pros
- Minimum deposit of just 10 USD.
- Simple and fast registration process.
- Verification within 24 hours.
Cons
- Lack of Russian language support.
- Restrictions for residents of certain countries.
IC Markets
The account opening process at IC Markets is well-thought-out, transparent, and detailed, ensuring convenience and ease for clients. However, the high minimum deposit may deter many beginners.
Account Types
| Broker | Exness | IC Markets |
|---|---|---|
| Account Types | 4.5/5 | 3.8/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:2000 | 1:500 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
Exness
Exness offers a variety of accounts that meet the needs of most traders.
Pros
- Wide selection of accounts for different types of traders.
- Options with low and zero spreads.
- Accounts for beginners and professionals.
Cons
- Absence of fixed spread accounts.
IC Markets
IC Markets' accounts are mainly aimed at experienced and professional traders.
Pros
- ECN accounts
- Ability to copy trades
- Access to VPS
Cons
- No cent accounts
- No fixed spread accounts
Commissions
| Broker | Exness | IC Markets |
|---|---|---|
| Commissions | 3.5/5 | 4.5/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1 | 0.62 |
| Commission per Lot | $3.5 | $3.5 |
Exness
Exness offers average market commissions with some advantages in swaps and no inactivity fees.
IC Markets
IC Markets has low commissions. Fees for transactions on ECN accounts and spreads are acceptable to most traders, and the absence of charges for deposits/withdrawals and account inactivity is a significant advantage.
Deposit and Withdrawal
| Broker | Exness | IC Markets |
|---|---|---|
| Rating | 4/5 | 4.5/5 |
| Account Funding Methods |
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Exness
Exness offers fast and convenient methods for depositing and withdrawing funds with some limitations.
Pros
- Instant 24/7 fund withdrawal.
- Low or no commission fees.
- Funds credited within 30 minutes.
Cons
- No bank transfers.
- Absence of cryptocurrencies as a payment method.
IC Markets
IC Markets offers multiple options for depositing and withdrawing funds, but possible fees from banks and payment systems should be considered, along with some restrictions on withdrawal methods.
Markets and Products
| Broker | Exness | IC Markets |
|---|---|---|
| Markets and Products | 4/5 | 5/5 |
| Forex | 95 | 61 |
| Precious Metals | 15 | 7 |
| Energy Carriers | 3 | 5 |
| Indices | 10 | 25 |
| Stocks | 98 | 2175 |
| Cryptocurrency | 11 | 21 |
| Soft Commodities | - | 8 |
| ETF | - | 38 |
| Bonds | - | 10 |
Exness
Exness offers a variety of markets, but with a limited selection of products.
Pros
- 95 currency pairs.
- Variable leverage options.
- Access to CFDs on stocks and metals.
Cons
- No soft commodities.
- Average number of available CFDs.
IC Markets
IC Markets offers various trading instruments, including currency pairs, CFDs on metals, energy resources, commodities, indices, stocks, bonds, and cryptocurrencies.
Trading Platforms
| Broker | Exness | IC Markets |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Trading Platforms |
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Exness
Exness offers a variety of platforms that meet the needs of different traders.
Pros
- Availability of a mobile application.
- Web platform without the need for installation.
- Support for popular MT4 and MT5.
IC Markets
IC Markets provides powerful and functional trading platforms suitable for various trader categories.
Analytics
| Broker | Exness | IC Markets |
|---|---|---|
| Rating | 4.5/5 | 5/5 |
Exness
Exness offers a variety of analytical tools suitable for different strategies.
Pros
- News from Dow Jones.
- Reviews from Trading Central.
- Personalized economic calendar.
Cons
- Lack of analytics from own experts.
IC Markets
IC Markets provides its clients with an extensive set of analytical tools and materials, which can assist them in successful trading in the financial markets.
Education
| Broker | Exness | IC Markets |
|---|---|---|
| Rating | 2/5 | 5/5 |
Exness
Exness's educational materials are limited to the Help Center section, without additional resources.
Pros
- Answers to popular questions.
Cons
- Lack of webinars and video tutorials.
- Shortage of comprehensive materials.
- Not suitable for in-depth learning.
IC Markets
IC Markets offers a wide range of educational resources, from interactive video lessons to webinars and podcasts, demonstrating care for their clients and a commitment to providing all the necessary resources for successful trading.
Customer Support
| Broker | Exness | IC Markets |
|---|---|---|
| Rating | 5/5 | 4.7/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
LinkedIn
Twitter
YouTube
Facebook
InstagramExness
Exness technical support provides 24/7 service in 16 languages, making it accessible and convenient.
Pros
- 24/7 support in major languages.
- Multiple channels of communication (chat, email, phone).
- Global presence with offices in different countries.
IC Markets
IC Markets provides a variety of communication channels, ensuring support service accessibility for clients. Numerous client reviews indicate the support team's quick response and high professionalism.
Pros
- Positive reviews about professional support
- Multiple channels for support communication
- Support is available 24/7
Cons
- Only international call option is available
