Exness
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74-89% of retail CFD accounts lose money.

Vs.

IC Markets
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76.27% of retail CFD accounts lose money.

Exness Vs. IC Markets - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Updated Nov 08 2022

Visit

74-89% of retail CFD accounts lose money.

Visit

76.27% of retail CFD accounts lose money.

Overview

Exness is a Cypriot broker founded in 2008 that specialises on currencies trading via MT4 & 5 along with their proprietary Exness Trader platform.

IC Markets is an Australian broker with a global presence specialising in Forex trading. One of their greatest advantages is providing RAW spread accounts with interbank pricing.

Best For
  • Low volume traders looking to take advantage of their low sized account offerings
  • Off-shore traders looking for high leverage factors
  • High volume traders looking for their professional accounts (assuming they are satisfied with their available assets)
  • Professional traders looking for Interbank rates
  • High volume traders that will save great amounts of costs with their low spreads and commissions
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

6

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • FSA (Seychelles)
  • CBCS (Curaçao)
  • FSC (British Virgin Islands)
  • FSC (Mauritius)
  • FSCA (South Africa)
  • CySec (Cyprus)
  • FCA (UK)
  • ASIC (Australia)
  • CySec (Cyprus)
  • FSA (Seychelles)
The Good
  • Competitive spreads depending on the account type
  • Low entry barrier for new traders
  • No minimum deposit on standard accounts
  • Customisable leverage per asset before opening trades
  • Interbank rates and low commissions
  • Great platform variety
The Bad
  • Most Exness' the financial licenses are from off-shore locations
  • Very low asset offering with less than 200 instruments
  • Despite using TradingView charts, multi-charts layout or fullscreen are not possible
  • Avaliable assets are limited (Also No ETFs)
  • No ability to purchase real stocks or cryptocurrencies, only CFDs
Status
Operational Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 day 1 day
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

📍 Year Founded
2008 2007
💳 Minimum Deposit Range
From 0 to $3,000 $200
💰 Payment Methods
  • Credit Card
  • Debit Card
  • Neteller
  • Skrill
  • USDT (Tether)
  • Bank Transfer
  • BTC (Bitcoin)
  • Perfect Money
  • SticPay
  • USDC (USD Coin)
  • Visa
  • Mastercard
  • Bank Transfer
  • Bitcoin
  • Sofort
  • Paypal
  • Neteller
  • Skrill
💵 Account Base Currencies
1 - USD 10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US, CA, SY, IR.

US, CA, IL.

📊 STP Account
No Yes
📊 DMA Account
No No
📊 ECN Account
No Yes
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs CFDs
Total Asset Offering
243 1,737
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
100 1,600
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
100 61
📗 Commodities
0 0
📗 Commodities CFDs
7 22
📕 Indices
0 0
📕 Indices CFDs
10 25
📔 ETFs
0 0
📔 ETFs CFDs
0 0
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
26 18
📒 Bonds
0 0
📒 Bonds CFDs
0 11
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
1 Share Unavailable
📉 Minimum ETFs Trade Size
Unavailable Unavailable
📈 Minimum Crypto Trade Size
0.01 Lots ($1,000) Varies by Cryptocurrency (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
0.01 Lots ($1,000) $1,000 - 0.01 Lots
📈 Minimum Commodities Trade Size
0.01 Lots ($1,000) $1,000 - 0.01 Lots
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
30 30
💪 Professional Leverage
2000 500
✍ Customisable Leverage
Yes Yes
🎲 Deleveraged Trading
No No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes Yes
📺 cTrader
No Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes No
📊 Multi-chart Tools
No Yes
👬 Copy Trading
No Yes
👫 Social Trading
No Yes
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
No No
Fees
💰 Inactivity Fee
None None
💰 Deposit Fees
None None
💰 Withdrawal Fees
None None
💰 Commissions

Commissions vary as follows:

  • No comissions on Standard account
  • No comissions on Standard Cent account
  • $3.5 per lot side on Raw Spread account
  • $0.2 per lot side on Zero account
  • No commission on Pro account

No commissions in standard accounts but rather a 1 Pip spread markup on interbank prices received. For Raw spreads accounts, $7 per lot round turn.

Spreads
📈 EUR/USD
1 Pip Dynamic - From 0 to 0.6 Pips
📉 SP500
From 200 pips Dynamic - From 20 to 45 Pips
📈 GOLD
From 20 Pips Dynamic - From 30 Pips
📉 TSLA (Stock CFD)
From $0.10 Dynamic - Market Spread
📈 XLK (ETF - CFD)
Unavailable Unavailable
📉 BTC
From $20 Dynamic - From $8.7 to $42
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes No
📡 Reuters Feed
No No
📡 Educational Content
No Yes
📡 Live Chat Support
Yes Yes
📡 Video Tutorials
No No
📡 Account Management
No No
📡 Webinars
No No