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Brokers · Comparison
Exness vs IC Markets
Two low-cost MT4 brokers for active traders, head to head. Exness goes low on entry and costs; IC Markets is the raw-spread scalping specialist. Here's how they compare.
Exness and IC Markets both appeal to cost-conscious, active traders — but they suit different starting points. Exness is low to start and low cost; IC Markets is the dedicated scalping and EA specialist. Here's the head-to-head.
| Feature | Exness | IC Markets |
|---|---|---|
| Our score | 4.1 / 5 | 4.0 / 5 |
| Minimum deposit | $10 | $200 |
| Regulation | CySEC, FCA, FSCA, FSA | ASIC, CySEC, FSA |
| Platforms | MT4, MT5 | MT4, MT5, cTrader |
| Best for | Low cost, Emerging markets | Scalping, EAs, Raw spread |
| US clients | Not accepted | Not accepted |
Scores use our weighted editorial rubric; figures are accurate to our latest review — confirm current terms on each broker's site.
How they compare
On accessibility, Exness wins clearly — a ~$10 minimum versus IC Markets' ~$200, plus fast withdrawals. On execution for active trading, IC Markets has the pedigree: raw spreads, fast fills, a scalping- and EA-friendly setup, and cTrader alongside MT4 and MT5. Both are multi-regulated, and Exness offers very high leverage in some regions — powerful but risky. Neither serves US clients.
Which should you choose?
If you want the lowest entry and costs, or you're starting smaller, go with Exness. If you're a committed scalper or EA trader who values execution and cTrader, IC Markets is purpose-built for you. Read the full Exness review and IC Markets review.
Compare them on a demo
Open a free demo with each, run your strategy, and compare real spreads and execution before committing real funds.
⚠ Trading forex and CFDs is high-risk and most retail traders lose money. This is not financial advice.
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Related
See our Exness review, IC Markets review, and the other head-to-heads: XM vs Exness, IC Markets vs Pepperstone, and Octa vs Exness.
Frequently asked questions
Exness or IC Markets — which is better?
Both are low-cost brokers for active traders. Exness has a much lower entry ($10 vs $200), very low costs, and fast withdrawals. IC Markets is the dedicated scalping/EA specialist with raw spreads, fast execution, and cTrader. Neither accepts US clients.
Which is cheaper, Exness or IC Markets?
They're closely matched on raw trading costs — both offer very tight spreads plus a commission on their pro/raw accounts. Exness often edges it on headline costs and adds fast withdrawals; compare on a demo for the instruments you trade.
Which is better for scalping and EAs?
IC Markets is especially associated with scalping and automated trading, with raw spreads, fast execution, and cTrader alongside MT4/MT5. Exness is also EA-friendly and lower to start, so it suits automated traders who want a smaller entry.
What are the minimum deposits?
Exness starts around $10, while IC Markets is around $200. That makes Exness far more accessible for newer or smaller accounts, while IC Markets leans toward more committed active traders.
Do Exness or IC Markets accept US clients?
No. Neither accepts US residents. US traders need an NFA-regulated broker such as OANDA, tastyfx, or Forex.com.
Trading foreign exchange and contracts for difference (CFDs) carries a high level of risk and may not be suitable for all investors. Leverage can work against you as well as for you. You could lose some or all of your deposited funds; do not trade with money you cannot afford to lose. Past performance is not indicative of future results. Nothing on MT4Download.com is financial, investment, or trading advice. Consider your circumstances and seek independent advice if needed.