Independent forex broker comparison·Data checked Trading is risky. Most retail CFD accounts lose money.
EUR/USD typical

Head-to-head · 2026

IC Markets vs Exness

IC Markets edges it overall with 4.4 versus 4.1, winning 5 of six categories. Exness is cheaper to trade: its lowest-cost account works out at about $7.0 per round-turn lot of EUR/USD versus $8.0 at IC Markets.

Higher score

IC Markets

Scalpers and algo traders who want raw spreads

4.4/5

Visit IC MarketsFull review

Exness

Instant withdrawals and very high leverage

4.1/5

Visit ExnessFull review
FeatureIC MarketsExness
Overall score4.44.1
EUR/USD standard spread0.8 pips1.0 pips
Raw account0.1 + $70.0 + $7
Cheapest cost per lot$8.0$7.0
Minimum deposit$200$10
Tier-1 regulatorsASIC, CySECFCA, CySEC
All regulatorsASIC, CySEC, FSA (Seychelles), SCB (Bahamas)FCA, CySEC, FSCA, FSA (Seychelles), FSC (Mauritius), CMA (Kenya)
Founded20072008
Currency pairs61+100+
Max leverage1:500 (1:30 ASIC/EU retail)Up to 1:2000 (offshore)
PlatformsMT4, MT5, cTrader, TradingViewMT4, MT5, Exness Terminal, Exness Trade App
Copy tradingYesYes
Swap-free accountsYesYes
US clientsNoNo

Highlighted cells mark the better value where one is clearly better. Data checked October 2026.

Category by category

Trust & regulation4.44.1
Fees & spreads4.94.6
Platforms & tools4.74.1
Markets & range4.33.4
Ease of use3.64.2
Research & education3.53.3
IC MarketsExness

Costs: IC Markets vs Exness

Exness is cheaper to trade: its lowest-cost account works out at about $7.0 per round-turn lot of EUR/USD versus $8.0 at IC Markets. On its standard, commission-free account IC Markets quotes around 0.8 pips on EUR/USD. On its standard, commission-free account Exness quotes around 1.0 pips on EUR/USD. Both offer raw-spread pricing: IC Markets at $7 and Exness at $7 per round-turn lot.

Regulation and safety

IC Markets is regulated by ASIC, CySEC, FSA (Seychelles), SCB (Bahamas). Exness is regulated by FCA, CySEC, FSCA, FSA (Seychelles), FSC (Mauritius), CMA (Kenya). IC Markets scores higher for trust in our methodology. Both are available in South Africa and Most other countries. Only IC Markets serves Australia, European Union.

Platforms

Both support MT4, MT5. IC Markets offers MT4, MT5, cTrader, TradingView; Exness offers MT4, MT5, Exness Terminal, Exness Trade App.

Which should you choose?

Choose IC Markets if…

  • raw spreads averaging around 0.1 pips on EUR/USD
  • mT4, MT5, cTrader and TradingView all supported
  • fast execution suited to scalping and expert advisors

Choose Exness if…

  • automated instant withdrawals on most payment methods
  • tight spreads on gold (XAU/USD) and major pairs
  • low $10 minimum deposit on Standard accounts

Frequently asked questions

Is IC Markets better than Exness?

IC Markets edges it overall with 4.4 versus 4.1, winning 5 of six categories. Exness is cheaper to trade: its lowest-cost account works out at about $7.0 per round-turn lot of EUR/USD versus $8.0 at IC Markets.

Which is safer, IC Markets or Exness?

IC Markets scores higher for trust (4.4 vs 4.1), with tier-1 regulation from ASIC, CySEC.

Which has the lower minimum deposit?

Exness has the lower minimum at $10, compared with $200.

Do IC Markets and Exness both offer MetaTrader?

IC Markets: MT4, MT5. Exness: MT4, MT5.

Risk warning: CFDs and leveraged forex are complex instruments and come with a high risk of losing money rapidly. Between roughly 60% and 89% of retail investor accounts lose money when trading CFDs, depending on the provider. Consider whether you understand how they work and can afford to lose your money. Read the full risk warning.