Choose Exness if you want…
Active traders and scalpers prioritizing tight raw spreads and fast withdrawals; MENA traders in particular.
Exness
⭐ 4.6 / 5
VS
IC Markets
⭐ 4.7 / 5
Exness vs IC Markets — which broker is better in 2026?
We compared Exness and IC Markets across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. The two brokers are evenly matched — your final choice depends on your specific trading style.
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| Exness | IC Markets | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.6 / 5 | ⭐ 4.7 / 5 | IC Markets |
| Regulators | CySEC, FCA, FSCA, FSA Seychelles | ASIC, CySEC, FSA Seychelles, SCB Bahamas | Tie |
| Min. deposit | $10 | $200 | Exness |
| Spreads from | 0.0 pips (Raw Spread / Zero account) | 0.0 pips (Raw Spread) | Tie |
| Max. leverage | Up to 1:Unlimited (jurisdiction dependent) | Up to 1:30 (EU retail) / 1:500 (offshore) | — |
| Platforms | MT4, MT5, Exness Terminal (web), Exness Mobile | MT4, MT5, cTrader, TradingView | Tie |
| Founded | 2008 | 2007 | — |
| HQ | Limassol, Cyprus | Sydney, Australia | — |
Pros & cons compared
Exness pros
- ✓ Industry-leading raw spreads from 0.0 pips on majors
- ✓ Instant withdrawals 24/7 via crypto and e-wallets
- ✓ Multi-jurisdictional regulation including CySEC and FCA
- ✓ Strong MENA presence with Arabic-language support
- ✓ Negative balance protection on all account types
Cons
- ✗ Variable leverage caps depending on entity (EU = 1:30 retail)
- ✗ Limited educational content vs. competitors like XM
- ✗ No proprietary trading platform beyond MT4/MT5
IC Markets pros
- ✓ Industry-leading raw spreads (0.0 pips on EUR/USD typical)
- ✓ Three platforms: MT4, MT5, cTrader — one of few brokers offering cTrader
- ✓ Equinix NY4 server location — sub-millisecond execution for HFT/scalpers
- ✓ ASIC + CySEC dual-tier-1 regulation
- ✓ No restrictions on scalping, EAs, or hedging
Cons
- ✗ $200 minimum deposit — higher than budget brokers
- ✗ EU leverage capped at 1:30 retail (ESMA)
- ✗ Educational content thinner than XM / eToro
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Which one should you choose?
Choose IC Markets if you want…
Active scalpers, algorithmic traders, and high-volume traders who prioritise execution quality and tight raw spreads.
Frequently asked questions
Which is better — Exness or IC Markets?
Exness and IC Markets are evenly matched on most measurable criteria. Your choice should depend on which specific features matter most — review the comparison table above and the "Pros & Cons" section.
Is Exness more regulated than IC Markets?
Exness holds licenses from: CySEC, FCA, FSCA, FSA Seychelles. IC Markets holds licenses from: ASIC, CySEC, FSA Seychelles, SCB Bahamas. Both brokers have the same number of regulatory licenses; the specific regulators differ.
What are the spreads at Exness vs IC Markets?
Exness spreads start from 0.0 pips (Raw Spread / Zero account). IC Markets spreads start from 0.0 pips (Raw Spread). Actual spreads vary by account type and market conditions.
Which has a lower minimum deposit, Exness or IC Markets?
Exness: $10. IC Markets: $200. Exness has the lower entry barrier.