Exness vs IC Trading

Exness vs IC Trading Comparison Table 2024
Exness	IC Trading
Review 4.6	Review 4
Traders from US not accepted See available CFD brokers	Traders from US not accepted See available CFD brokers
Established in 2008, Exness has maintained its position as a highly respected broker, standing out with its industry-leading range of 40+ account currencies, growing selection of CFD instruments, and intuitive web platform complete with useful extras like currency convertors and trading calculators.	IC Trading is part of the established IC Markets group. Built for serious traders, it boasts some of the most competitive spreads, reliable order execution, and advanced trading tools. The catch is that it’s registered in the offshore financial centre of Mauritius, enabling it to offer high leverage but in a weakly regulated trading setting.
Customer Reviews
4 Based on 1 Exness customer reviews	2 Based on 1 IC Trading customer reviews
Comment by Reviewer
"After slashing its spreads, improving its execution speeds and support trading on over 100 currency pairs with more than 40 account currencies to choose from, Exness is a fantastic option for active forex traders looking to minimize trading costs."	"With superior execution speeds averaging 40 milliseconds, deep liquidity, and powerful charting software, IC Trading delivers an optimal trading environment tailored for scalpers, day traders, and algorithmic traders. "
Pros
Highly competitive spreads, reduced for USOIL and BTCUSD in 2024, are available from 0 pips with low commissions from $2 per side. Excellent range of account types for all experience levels, including Cent, Pro plus the introduction of Raw Spread, ideal for day traders. Exness was the first brokerage to pass the $1 trillion and $2 trillion marks in monthly trading volumes, highlighting its legitimacy. Fast and dependable 24/7 multilingual customer support via telephone, email and live chat based on hands-on tests. Exness Terminal offers a streamlined experience for beginners with dynamic charts while setting up watchlists is a breeze. Improved execution speeds, now averaging under 25ms, offer optimal conditions for short-term traders.	IC Trading provides industry-leading spreads, including 0.0-pip spreads on major currency pairs such as EUR/USD, making it ideal for day traders. The simplified and digital account opening process saves time and effort, allowing traders to start trading sooner without extensive paperwork, taking just minutes during testing. IC Trading offers unusual flexibility in its accounts, enabling traders to open up to 10 live and 20 demo accounts, meaning you can run separate profiles for different activities, such as manual trading and algo trading. Trading Central and Autochartist are valuable tools for in-depth technical summaries and actionable trading ideas and are accessible from within the account area or the cTrader platform.
Cons
Retail trading services are unavailable in certain jurisdictions, such as the US and the UK, limiting accessibility compared to top-tier brokers like Interactive Brokers. MetaTrader 4 and 5 are supported, but TradingView and cTrader still aren’t despite rising demand from active traders and integration at alternatives like Pepperstone. Apart from a mediocre blog, educational resources are woeful, especially compared to category leaders like IG which provide a more complete trading journey for newer traders. Exness has expanded its range of CFDs and added a copy trading feature, but there are still no real assets such as ETFs, cryptocurrencies or bonds	Despite being part of the trusted IC Markets group, IC Trading is authorized by a weak regulator - the FSC of Mauritius, with limited financial transparency and regulatory safeguards. Customer support performed woefully during testing with multiple attempts to connect via live chat and no one available to assist, plus unanswered emails, raising concerns about its ability to address urgent trading concerns. The educational resources are greatly in need of improvement, unless you navigate to the IC Markets website, posing a limitation for beginners in search of a comprehensive learning journey, especially compared to category leaders like eToro. Unlike IC Markets, IC Trading does not support social trading through the group’s IC Social app or the third-party copy trading platform ZuluTrade.
Awards
Best Multi-Asset Broker - Finance Magnates Africa Summit (FMAS) 2024 Most Trusted Broker in Africa - Finance Magnates Africa Summit (FMAS) 2024 Most Trusted Broker MEA 2024 - iFX EXPO Dubai 2024 Best IB/Affiliate Programme MEA 2024 - iFX EXPO Dubai 2024 Best Trading Conditions 2024 - UF Awards LATAM 2024 Best Multi-Asset Broker - Smart Vision Investment Expo 2023 Most Trusted Broker - Smart Vision Investment Expo 2023
Instruments
CFDs, Forex, Stocks, Indices, Commodities, Crypto	CFDs, Forex, Stocks, Indices, Commodities, Bonds, Cryptos, Futures
Demo Account
Yes	Yes
Minimum Deposit
$10	$200
Trading Platforms
Exness Trade App Exness Terminal MT4 MT5 TradingCentral	MT4 MT5 cTrader AutoChartist TradingCentral
Payment Methods
Airtel AstroPay Bitcoin Payments Boleto Cashu Credit Card Debit Card FasaPay M-Pesa Mastercard Neteller Perfect Money Skrill Sticpay Visa WebMoney Wire Transfer	Credit Card Debit Card Mastercard Neteller PayPal Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
CySEC, FCA, FSCA, CMA, FSA, CBCS, BVIFSC, FSC	FSC
Margin Trading
Yes	Yes
STP Account
Yes	No
ECN Account
Yes	Yes
DMA Account
No	No
MAM Account
No	No
PAMM Account
No	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
Yes	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS & Android
App Review
Exness Trade offers the complete mobile trading experience, delivering the broker’s fast execution speeds, hundreds of tradable CFDs and user-friendly, TradingView-powered charts right from your palm. Downloaded more than 10 million times, it’s an excellent option for active traders looking to manage their accounts and capitalize on market opportunities on the move.	IC Trading provides a range of powerful apps that let you trade from a variety of devices. There’s no proprietary app – which may be a red flag for beginner traders – but MetaTrader 4/5 and cTrader apps are available for mobile devices. These industry-proven apps let you access advanced charting tools, execute day trades swiftly, and conduct in-depth market analysis on the move.
Android App Rating
4.3	4.6
iOS App Rating
4.4	4.8
Auto Trading
Expert Advisors (EAs) on MetaTrader	Expert Advisors (EAs) on MetaTrader, cBots on cTrader
Copy Trading
Yes	No
Copy Trading Platform
Exness has introduced a unique copy trading feature on its web platform and mobile app. Its user-friendly based on our tests but the performance statistics for strategies could be more detailed to better guide investor decisions.
Social Trading
Yes	No
VPS Hosting
Yes	Yes
Tournaments
No	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD NZD INR JPY ZAR MYR IDR DKK CHF HKD SGD AED SAR HUF BRL NGN THB VND UAH KWD QAR KRW MXN KES CNY	USD EUR GBP CAD AUD NZD JPY CHF HKD SGD
Stock Exchanges
Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Deutsche Boerse Euronext FTSE UK Index Hong Kong Stock Exchange Japan Exchange Group London Stock Exchange Nasdaq New York Stock Exchange	Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Nasdaq New York Stock Exchange Russell 2000 S&P 500
Commodities
Aluminium Copper Corn Gold Lead Natural Gas Nickel Oil Palladium Platinum Silver Zinc	Cocoa Coffee Corn Cotton Gold Natural Gas Oil Orange Juice Palladium Platinum Silver Soybeans Sugar Wheat
CFD Trading
Exness provides CFDs on forex, stocks, indices, commodities, and cryptos with leverage up to 1:2000, tailored for advanced day traders and featuring over 100 technical indicators in its proprietary terminal.	IC Trading specializes in CFD trading with over 2,250 tradable assets spanning sought-after markets including forex, commodities, indices, stocks, and bonds. Utilizing deep liquidity and cutting-edge bridge technology, the broker provides excellent trading conditions for short-term traders looking for leveraged derivatives.
Leverage
1:Unlimited	1:500
FTSE Spread
13.6	2.133
GBPUSD Spread
0.0	0.23
Oil Spread
0.0	0.028
Stocks Spread
0.9 (Apple Inc.)	Variable
Forex Trading
Exness offers an impressive selection of around 100 forex pairs - more than most brokers we've evaluated - along with competitive spreads on major pairs starting as low as 0.1 pips. Additionally, traders benefit from a robust suite of forex analysis tools, including market news powered by FXStreet.	IC Trading delivers remarkably narrow forex spreads across 60+ currency pairs, particularly on key forex assets like EUR/USD. This renders it an outstanding choice for forex day traders in pursuit of superior pricing with top-tier execution speeds. High-volume traders also stand to gain significant advantages, with rebates reaching up to $2.50 per forex lot.
GBPUSD Spread
0.0	0.2
EURUSD Spread
0.0	0.1
EURGBP Spread
0.0	0.3
Assets
100+	60+
Currency Indices
USD
Cryptocurrency
Exness provides a selection of popular crypto-fiat pairs with zero swap fees and no commissions on Standard accounts, accessible via desktop and mobile apps. Crypto deposits are available in certain regions, and reduced Bitcoin spreads have enhanced its appeal for active traders.	You can trade over 20 of the most popular cryptos with leverage up to 1:200 seven days a week, although direct trading of the underlying asset like purchasing Bitcoin or Ethereum is not facilitated. The selection of tokens also trails Eightcap, which picked up our 'Best Crypto Broker' award, offering 100+ crypto derivatives.
Spread
Floating	Floating
Coins
BTC LTC ETH XRP BCH SOL SNX UNI BAT DOT XTZ ADA BNB ENJ FIL DOGE COMP THETA AAVE LINK IOST CAKE MATIC HT MANA HBAR INCH	BTC ETH DSH LTC BCH XRP EOS EMC NMC PPC DOT XLM LINK DOGE XTZ UNI ADA BNB AVAX LUNA MATIC GLMR KSM
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review