The IC Markets vs Exness: Which Is Better?
A side-by-side look at regulation, trading conditions, and fees for IC Markets and Exness, pulled from the same data as their individual reviews.
Key Differences
- • IC Markets holds the higher overall rating: 9.6/10 vs 9.4/10 for Exness.
- • Exness has the lower minimum deposit: $1 - $10 vs $200 at IC Markets.
- • Exness is regulated by more authorities: FCA, CySEC, FSCA, FSC, FSA vs ASIC, CySEC, FSA, SCB for IC Markets.
Overview
Rating
9.6/10
9.4/10
Trustpilot
4.8/5 · 55,000+ reviews
4.7/5 · 30,000+ reviews
WikiFX Score
High / Validated
High / Validated
Best For
Algorithmic trading, EAs & Scalping
Instant crypto withdrawals & High leverage
Regulators
ASIC, CySEC, FSA, SCB
FCA, CySEC, FSCA, FSC, FSA
Terms & Fees
Min Deposit
$200
$1 - $10
Max Leverage
1:5000
Unlimited
Spreads From
0.02 Pips
0.0 Pips
Execution Model
ECN/STP (No Dealing Desk) — aggregates ~25 liquidity providers
Hybrid: Market Maker (Standard/Cent) & true ECN routing (Zero/Raw Spread)
Commission
Raw Account: $3.50 per lot per side ($7.00 round trip); Standard: $0
Zero Account: from $0.20 per side; Raw Account: from $3.50 per lot per side
Swap / Islamic
Highly competitive; Islamic (Swap-Free) accounts available for qualifying residents
Automated Extended Swap-Free status provided to residents of Muslim-majority countries
Platforms
MT4, MT5, cTrader, TradingView
MT4, MT5, Exness Trade
Crypto Deposits
Yes
Yes
Pros
What's good
- + Equinix NY4 integration for low-latency
- + Zero non-trading fees
- + Swap-free accounts available
- + Instantaneous automated withdrawals
- + Hyper-localized funding integration
- + Unlimited leverage conditionally
Cons
Watch out for
- – Stringent KYC/AML bottlenecks
- – No US/Canada/Japan clients
- – Aggressive stop-out execution
- – Dynamic spread widening during news events