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Exness
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IC Markets

Exness vs IC Markets: which broker is better in 2026?

We compare Exness and IC Markets — two forex & CFD brokers — side by side across regulation, fees, platforms, minimum deposit, and our editorial scores. Based on our overall editorial score, IC Markets edges ahead (4.1/5), but the right choice depends on what matters most to you — check the breakdown below.

Side-by-side comparison

CriteriaExnessIC Markets
Overall score 3.8 4.1
Regulation & safety 3.0 3.5
Fees & deposit 4.0 4.5
Platform & assets 4.0 4.5
User support 4.0 4.0
Trust score71/10080/100
Minimum depositVaries by account type — check the official siteVaries by account type — check the official site
Demo accountAvailableAvailable
PlatformsMetaTrader 4, MetaTrader 5, Exness Terminal / appMetaTrader 4, MetaTrader 5, cTrader, TradingView, WebTrader, IC Mobile App
Fee modelLow spread / raw + commission (Zero/Raw account); figures varySeveral account types (Raw Spread, Standard, Raw Pro/Pro+, cTrader Raw Spread, Swap Free) — the fee structure per account type has not been verified in detail

Pros & cons

Exness
  • Fast execution, low spreads, fast withdrawals — popular in Asia/Africa/Middle East
  • Very large volume & liquidity
  • Holds CySEC & FCA licenses for certain entities
  • Most retail clients via offshore entities (Seychelles/Curaçao) — weaker protection
  • Very high leverage (up to unlimited at offshore entities) amplifies risk
  • Leveraged products are high-risk
IC Markets
  • One of the most popular raw-spread ECN brokers for scalping/algo trading (very low costs)
  • Very complete platform selection (MT4/MT5/cTrader/TradingView)
  • Regulated by ASIC (Australia) + CySEC for certain entities
  • A class-action record (reported since 2024) alleging it misled investors — no verdict yet, but a relevant public fact
  • Many clients via offshore entities (Seychelles/Bahamas)
  • Leverage is high-risk

Regulation at a glance

Exness

Regulated by CySEC (Cyprus), FCA (UK — limited entity), FSCA (South Africa), FSA (Seychelles), CBCS (Curaçao). Most retail volume is served by offshore entities (Seychelles/Curaçao).

IC Markets

Exact license numbers not yet verified — the official site mentions multi-regulation but the detailed regulation page was inaccessible during our check. Verify directly with the regulator (ASIC, CySEC, or the Seychelles FSA depending on the entity) before signing up.