IC Markets vs Exness, Updated for 2024
IC Markets Rating
Losses can exceed deposits
Losses can exceed deposits
IC Markets vs Exness Guide
Read our In-Depth IC Markets vs Exness Review - 2024 Update
Our comprehensive analysis of IC Markets and Exness has been revised for 2024 by industry experts with significant financial experience across Forex, CFDs, & Social Trading.
Please note that due to regulations for each broker, the content in this comparison of IC Markets vs Exness does not apply to all countries as follows:
IC Markets Excluded Countries
United States of America, Canada, Israel, New Zealand, Japan, and Iran.
Exness Excluded Countries
Brazil, Republic of Korea, Iran, Iraq, Syrian Arab Republic, Japan, and United States of America.
Compare IC Markets vs Exness
All online trading platforms feature some pros and cons, and any comprehensive IC Markets and Exness review should not be regarded as thorough without adopting an objective perspective.
Assess IC Markets and Exness to get a better understanding of the way these platforms stack up with each prior to you choose to create an account. Conducting a comprehensive comparison will put things in perspective so that you're informed about what to expect.
So you are looking for a broker and are choosing between IC Markets or Exness. Who should you choose?
This IC Markets vs Exness comparison contains the most recent information so you can easily compare Exness against IC Markets.
If you're a new entrant in the world of trading and brokers, so many details will be confusing for you. Getting into the area of trading requires expert analyzing skills and comprehensive knowledge. You'll get adept at all the concepts of broker as you continue trading. For starters, you need to choose the ideal agent who will be transparent with you constantly.
In this fast-paced world of stock markets and trading, you'll need guidance to make correct decisions. A professionally lead investment plan has the potential to create hefty returns. IC Markets and Exness are just two such platforms that will take you and your investment into great heights. It's crucial that you compare IC Markets vs Exness before you trust them with your money.
Our IC Markets vs Exness comparison will help you judge the effectiveness, price, ease of use and customer support, and whether you can trust IC Markets and Exness side by side.
Our entire IC Markets vs Exness Review covers everything you will need to learn about trading using either IC Markets or Exness. A fantastic broker can multiply your first investments and provide you favorable profits. If you want to earn profits, you must trade with a brokerage service that aligns with your investing goals.
There's absolutely no sure-fire method to guarantee profits; therefore, you should carefully analyze your agent before you select them. It is a frequent misconception that all brokers are exactly the same, but that is not true. Wrong judgment, in the beginning, can put your investments in danger.
IC Markets and Exness are both brokers that have paved their way successfully into the brokerage world. In this review, we have tried to collate a number of the important facets of both IC Markets and Exness. This review will help you to understand whether either Exness or IC Markets is a fantastic fit for your investments or not. We have attempted to breakdown all of the features and charges for your convenience.
Benefits of IC Markets and Exness Compared
IC Markets has a minimum deposit of $200 while Exness offers a $1 minimum deposit.
Why smaller minimum deposits are good and how IC Markets and Exness compare
The main reason is that you should only deposit what you can afford. If you you have a lower budget, the broker that offers the lowest deposit option will be more attractive. The other reason is because when speculating on riskier but potentially more rewarding financial instruments you should look to speculate with only a small percentage of your allocated trading funds. Don't let a higher minimum deposit totally put you off a broker, look at the overall trading features you are getting from the trading platform. Often a high minimum deposit gives greater choice in the financial assets and trading platform research features.
IC Markets allows you to trade around 232 financial instruments whilst Exness has around 232 financial instruments available.
The more instruments you can trade on the IC Markets and Exness trading platforms the better. It is good to have a diverse portfolio and the options available to a user will always vary. Trading is all about grasping potential opportunities and you never want to miss out on a trading opportunity due to the limitations of IC Markets or Exness.
IC Markets and Exness Contact Details
Being able to contact a broker easily is a sign of a professional broker. IC Markets and Exness have the following contact details and social medias that you can use.
|+248 467 19 76
|Level 4, 50 Carrington Street, Sydney NSW 2000
|IC Markets Twitter Account
|Exness Twitter Account
|IC Markets Facebook Page
|Exness Facebook Page
|IC Markets Instagram Account
|Exness Instagram Account
|IC Markets LinkedIn Page
|Exness LinkedIn Page
|IC Markets YouTube Channel
|Exness YouTube Channel
|Find Out More
Exness and IC Markets Mobile App Comparison
As more and more traders and investors use their smartphones for trading, it is increasingly important that brokers offer easy-to-use apps that can deliver the same services as desktop platforms.
This part of comparing IC Markets and Exness will examine whether their mobile app meets all our requirements.
Overall, we rate the user-friendliness of both apps as Better than the average.
It is important that any trading app has user friendly capabilities especially with the
Although most brokers do OK in this area, there are some bad apples out there. If you type 'Emerging markets' into the search box, the software will find all Emerging market ETFs, even if the name doesn't begin with 'emerging'. If you only ever traded US stocks and start typing 'Apple', will the AI show you the Apple stock or the obscure Irish stock Applegreen?
IC Markets vs Exness - Awards
IC Markets have won numerous industry awards over the time they have been running as an online broker. We show the most notable awards for IC Markets here.
|At the time of writing this Exness review, and despite Exness’s impressive offering, the company has surprisingly not garnered any awards to date.
|Find Out More
IC Markets vs Exness - Frequently Asked Questions
IC Markets vs Exness - Headquarters And Year Of Founding
IC Markets was founded in 2007 and has its head office in Australia.
Exness was founded in 2008 and has its headquaters in Cyprus.
What is the minimum deposit for Exness or IC Markets
The minimum deposit for IC Markets is $200.
The minimum deposit for Exness is $1.
Depending on your needs, a lower minimum deposit can be beneficial. If you are experienced with forex trading but are looking for a change then both IC Markets and Exness are a good option.
IC Markets vs Exness - Regulation And Licencing In More Detail
IC Markets is regulated by Australian Securities and Investment Commission (ASIC), Financial Services Authority (FSA), Cyprus Securities and Exchange Commission (CySEC).
Exness is regulated by Cyprus Securities and Exchange Commission (CySEC), CRFIN, The Federal Financial Supervisory Authority Bundesanstalt f├ó╦å┼í├é┬║r Finanzdienstleistungsaufsicht (BaFin), Netherlands Authority for the Financial Markets (AFM), Banque de France, The National Securities Market Commission (CNMV), The Commissione Nazionale per le Societ├ó╦å┼í├óÔé¼┬á e la Borsa (CONSOB), Finansinspektionen (FI), Komisja Nadzoru Finansowego (KNF).
Both IC Markets and Exness have a strong set of rules for ensuring fair trading onto their individual platforms. For information encryption purposes, they supply industry-standard secure socket layers (SSL).
As per their privacy regulations, customer data is to not be shared with any other institutions or individuals. Including credit history and other financial details.
Compare IC Markets vs Exness Commission And Fees
IC Markets and Exness are online brokerage platforms, and most online brokerages charge lower prices than traditional brokerages tend to bill. The cause of this is that the companies of online trading platforms are scaled much better. In other words, an online broker isn't necessarily affected by the amount of customers they have.
But this does not mean that online brokers do not charge any fees. They charge prices of varying rates for various services to earn money. There are primarily 3 types of fees for this objective.
The first sort of fees to keep an eye out for are trading fees. When you make an actual trade, like buying a stock or an ETF, you're charged trading charges. In such instances, you are spending a spread, funding speed, or a commission. The sorts of trading fees and the rates differ from broker to broker.
Commissions can be fixed or dependent on the traded volume. On the flip side, a spread denotes the gap between the buying and selling cost. Financing or overnight rates are people that are billed when you hold a leveraged position for more than a day.
Aside from trading fees, online brokers also bill non-trading fees. These are dependent on the actions you undertake on your accounts. They're charged for surgeries like depositing cash, not trading for lengthy periods, or withdrawals.
Generally, neither IC Markets or Exness charge high fees compared to other online agents. For operations other agents fee for, they either do not charge a brokerage fee, or they charge a lesser amount. This can be beneficial for people who often exchange, for example weekly or daily trading.
But, non-trading fees billed by IC Markets and Exness are relatively higher. Consequently, you are billed more for non-trading activities in your trading account, such as withdrawal and deposits. These aren't about the purchase and sale of resources.
This IC Markets vs Exness review for 2024 breaks down every one of the relevant non-trading fees for you in detail.
Compare Broker Fees For IC Markets And Exness
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What Languages Do IC Markets And Exness Support?
Being able to communicate completely with your online platform is a key way of comparing trading platforms to find the best trading partner. Not only for support but to be sure you understand everything on their site and inside their application as it is a key part of success when trading online.
Here you will find the languages that both IC Markets and Exness support.
|English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more
|English, and Chinese
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How Many Clients Do IC Markets and Exness Have?
Both IC Markets and Exness are well established with their customer base. It is important to work with an online broker that is professional and one of the easiest ways of understanding this is by knowing how many clients they already work with.
Below you will find details of how many users IC Markets and Exness are active on their platform
|Clients / Users
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What Payment Methods Do IC Markets and Exness Accept?
IC Markets and Exness both offer a wide range of payment options which is vital when you have a global customer base.
Below you will find details of all the payment options available at IC Markets and Exness
|Find Out More
What Can You Trade With IC Markets and Exness?
IC Markets offers 232 trading instruments and Exness offers 100.
Below you will find a full breakdown of what both IC Markets and Exness offer.
IC Markets Review
IC Markets vs Exness:
Table Of Contents
- Compare IC Markets vs Exness
- Benefits of IC Markets and Exness Compared
- Exness and IC Markets Mobile App Comparison
- IC Markets vs Exness - Awards
- IC Markets vs Exness - Frequently Asked Questions
- What is the minimum deposit for Exness or IC Markets
- IC Markets vs Exness - Regulation And Licencing In More Detail
- Compare Broker Fees For IC Markets And Exness
- What Languages Do IC Markets And Exness Support?
- How Many Clients Do IC Markets and Exness Have?
- What Payment Methods Do IC Markets and Exness Accept?
- What Can You Trade With IC Markets and Exness?