Exness vs IC Markets

Can't decide between Exness and IC Markets? We've put both brokers head-to-head. Compare their spreads, regulation, platforms, and fees below.

Last updated: May 10, 2026

Executive Summary

Exness and IC Markets are both well-established forex brokers, but they serve different types of traders. Exness scores 93/100 in our TrustMetrics™ system, while IC Markets leads with 97/100.

On pricing, IC Markets offers tighter EUR/USD spreads (0.02 pips vs 0.6 pips). Exness supports MT4, MT5, Exness Terminal while IC Markets offers MT4, MT5, cTrader.

For regulation, Exness holds licenses from FCA, CySEC, FSA, FSCA while IC Markets is regulated by ASIC, CySEC, FSA. Both brokers offer segregated client funds and are considered safe for retail trading.

E

Exness

Trust Score: 93

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VS
I

IC Markets

Trust Score: 97

Read Review

The Verdicts

Most Trusted

IC Markets

IC Markets scores higher in our TrustMetrics system (97/100) compared to Exness (93/100), making it the safer choice.

Lowest Spreads

IC Markets

IC Markets offers better pricing with an average EUR/USD spread of 0.02 pips, beating the 0.6 pip average of its competitor.

Best for Beginners

Exness

With a lower minimum deposit requirement of $10, Exness is the more accessible option for new traders.

Detailed Comparison

FeatureExnessIC Markets
Trust Score93/10097/100
Spreads From0.1 pips0.0 pips
Avg EUR/USD Spread0.6 pips0.02 pips
Commission$0 (Pro)$7.00/lot
Execution Speed32ms18ms
Max LeverageUnlimited1:500
Minimum Deposit$10$200
Instruments200+2,250+
Account TypesStandard, Standard Cent, Pro, Raw Spread, ZeroStandard, Raw Spread, cTrader Raw
PlatformsMT4, MT5, Exness TerminalMT4, MT5, cTrader
Top RegulatorsFCA, CySEC, FSA, FSCAASIC, CySEC, FSA
Withdrawal SpeedInstant (Automated 24/7)1-2 business days
Inactivity Fee$0 (No inactivity fee)$0 (No inactivity fee)
Customer Support24/7 Live Chat, Email, Phone24/7 Live Chat, Email, Phone

Which Broker Should You Choose?

EChoose Exness if...

  • You want to start with a very low minimum deposit
  • You are a beginner and value education and simplicity
  • You want instant withdrawal processing

IChoose IC Markets if...

  • You need the tightest possible spreads for scalping
  • You prefer cTrader's advanced order management
  • You are a scalper or algorithmic trader

Exness Pros & Cons

Pros

  • AI-powered instant withdrawals (processed in seconds, 24/7)
  • Swap-free trading by default on most instruments
  • 0% stop-out level gives trades maximum breathing room
  • Pro account offers $6/lot all-in cost (cheaper than most ECNs)
  • Transparent monthly financial and volume reports

Cons

  • × Pro account uses instant execution (requotes are possible)
  • × Instrument range is limited compared to IG or IC Markets
  • × Unlimited leverage can be extremely dangerous for beginners

IC Markets Pros & Cons

Pros

  • True 0.0 pip spreads during London and NY sessions
  • Industry-leading 18ms execution speed
  • Free Equinix NY4 VPS for active traders
  • No trading restrictions (perfect for EAs)
  • Transparent $6/lot commission on cTrader

Cons

  • × No proprietary trading platform or TradingView integration
  • × Education section is basic compared to competitors
  • × No deposit bonus or welcome offers

The Bottom Line: Exness vs IC Markets

Choose Exness if you want:
  • Instant Withdrawals
  • Swap-Free Trading
  • High Leverage
  • Crypto CFDs
  • Lower minimum deposit ($10)
Choose IC Markets if you want:
  • Scalping
  • Algorithmic Trading
  • Low Spreads
  • ECN Trading
  • Tighter EUR/USD spreads (0.02 pips)

Both brokers are featured in our top broker rankings. Your choice should depend on your specific trading style, preferred platform, and geographical location.

Frequently Asked Questions

Which is safer: Exness or IC Markets?

IC Markets scores higher in our TrustMetrics system (97/100) compared to Exness (93/100), making it the safer choice.

Who has lower spreads: Exness or IC Markets?

IC Markets offers better pricing with an average EUR/USD spread of 0.02 pips, beating the 0.6 pip average of its competitor.

Which has a lower minimum deposit: Exness or IC Markets?

With a lower minimum deposit requirement of $10, Exness is the more accessible option for new traders.

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