Exness
FCA/CySEC/FSA
IC Markets
ASIC/CySEC
Exness vs IC Markets
Head-to-Head Comparison 2026
By SofiaOur Verdict
IC Markets has a higher rating of 4.4/5 compared to Exness (4.2/5). IC Markets offers 7 instrument types, while Exness offers 6. The minimum deposit is lower at Exness with 10 $. IC Markets has been in the market since 2007, making it the more experienced provider. On spreads, Exness offers EUR/USD from 0.0 pip (Raw Spread/Zero) + $3.50 per lot, 0.3 pip (Standard), while IC Markets offers EUR/USD from 0.0 pip (Raw Spread) + $3.50 per lot per side, 0.8 pip (Standard).
Comparison Table
| Criteria | Exness | IC Markets |
|---|---|---|
| Rating | 4.2/5 (1400 reviews) | 4.4/5 (2200 reviews)✓ |
| Regulation | FCA/CySEC/FSA | ASIC/CySEC |
| Fees | From 0.0 pips (Raw Spread), spread-based (Standard) | From 0.0 pips + $3.50 commission (Raw Spread) |
| Min. Deposit | 10 $ | 200 $ |
| Instruments | Forex, Metals, Crypto CFDs, Indices, Stocks CFDs, Energies | Forex, Indices, Commodities, Stocks CFDs, Bonds, Crypto CFDs, Futures CFDs |
| Platforms | MT4, MT5, Exness Terminal, Exness Trade App | MT4, MT5, cTrader |
| Options Trading | No | No |
| Spread (typical) | EUR/USD from 0.0 pip (Raw Spread/Zero) + $3.50 per lot, 0.3 pip (Standard) | EUR/USD from 0.0 pip (Raw Spread) + $3.50 per lot per side, 0.8 pip (Standard) |
| Execution Speed | ~25 ms | ~40 ms (Equinix NY4/LD5) |
| Founded | 2008 | 2007 |
| Headquarters | Limassol | Sydney |
Detailed Comparison
Fee Comparison
Exness: From 0.0 pips (Raw Spread), spread-based (Standard). Minimum deposit: 10 $. Spread: EUR/USD from 0.0 pip (Raw Spread/Zero) + $3.50 per lot, 0.3 pip (Standard).
IC Markets: From 0.0 pips + $3.50 commission (Raw Spread). Minimum deposit: 200 $. Spread: EUR/USD from 0.0 pip (Raw Spread) + $3.50 per lot per side, 0.8 pip (Standard).
Execution Quality
Exness
Execution: ~25 ms
IC Markets
Execution: ~40 ms (Equinix NY4/LD5)
Product Range
Exness (6 categories)
IC Markets (7 categories)
Trading Platforms
Exness
- MT4
- MT5
- Exness Terminal
- Exness Trade App
IC Markets
- MT4
- MT5
- cTrader
Regulation & Security
Exness is regulated by FCA/CySEC/FSA (HQ: Limassol).
IC Markets is regulated by ASIC/CySEC (HQ: Sydney).
Who Is It For?
Exness
High-volume broker with instant withdrawals and low spreads
✓ Instant withdrawals
✓ Very low minimum deposit ($10)
✓ High leverage available (up to 1:Unlimited)
✗ No real stocks
✗ High leverage can be risky
IC Markets
ECN broker with ultra-low spreads and fast execution
✓ Ultra-low spreads from 0.0 pips
✓ Fast order execution (under 40ms)
✓ cTrader platform available
✗ No proprietary platform
✗ Educational content could be more comprehensive
In-Depth Analysis: Exness vs IC Markets
Spreads and commissions: Both brokers offer Raw accounts with EUR/USD spreads from 0.0 pip. Note the commission structure: Exness charges $3.50 per lot, IC Markets $3.50 per lot per side (i.e. $7 round-turn). On the spread-based standard account Exness is cheaper — EUR/USD from 0.3 pip versus 0.8 pip at IC Markets.
Entry and execution: The minimum deposit clearly separates the two: $10 at Exness versus $200 at IC Markets — Exness noticeably lowers the entry hurdle. On execution Exness leads at ~25 ms; IC Markets cites ~40 ms via Equinix NY4/LD5. Both trade only CFD/forex products (forex, metals, indices, commodities, stock and crypto CFDs) and offer no real options.
Platforms, regulation and verdict: Exness (founded 2008, Limassol, FCA/CySEC/FSA) offers MT4, MT5, Exness Terminal and the Trade app; IC Markets (founded 2007, Sydney, ASIC/CySEC) adds cTrader alongside MT4 and MT5. Ratings: IC Markets 4.4/5, Exness 4.2/5. For cost-conscious beginners with a small budget and a tight standard spread, Exness is the natural pick; those wanting cTrader, ASIC regulation and an established ECN environment for larger size lean to IC Markets.
Frequently Asked Questions
Is Exness or IC Markets cheaper?
Which broker offers more products: Exness or IC Markets?
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Is Exness or IC Markets better for beginners?
Exness vs IC Markets: Which broker is better overall?
How do spreads compare between Exness and IC Markets?
Exness
High-volume broker with instant withdrawals and low spreads
Open Account →From 10 $ min. deposit