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# Should new traders choose Exness or IC Markets?
***When stepping into the world of online trading, one of the most important decisions a new trader will make is choosing the right broker. Two of the most popular choices among both beginner and seasoned traders are Exness and IC Markets. Each platform has distinct advantages and unique features that can impact your trading journey.*** 
This article provides an in-depth comparison to help new traders decide which broker is better suited to their goals. Currently, the domain exnessbroker.io is the official subdomain of Exness.com.
## Overview of Exness
![overview-of-exness](https://hackmd.io/_uploads/rJamF8K7gx.jpg)
Founded in 2008, **[about us Exness](https://exnessbroker.io/about-us/)** is a globally recognized brokerage that has built a reputation for transparency, reliability, and lightning-fast execution. The company is regulated by top-tier financial authorities, including the FCA (UK), CySEC (Cyprus), and FSCA (South Africa).
One of the standout features of Exness is its commitment to offering a flexible trading environment for all types of traders from novices to professionals. Exness provides ultra-low spreads, high leverage, and supports a wide range of financial instruments, including forex, metals, cryptocurrencies, stocks, indices, and energies.
## Overview of IC Markets
IC Markets, established in 2007 and headquartered in Australia, is another heavyweight in the online trading space. The broker is best known for its low latency, deep liquidity, and access to institutional-grade trading conditions. IC Markets is regulated by ASIC (Australia), CySEC, and FSA Seychelles.
IC Markets appeals primarily to experienced traders, scalpers, and algorithmic traders due to its integration with MetaTrader 4, MetaTrader 5, and cTrader platforms. Its raw spread account is among the best in the market, making it a popular choice for professionals.
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## Exness vs IC Markets: Key Comparison for New Traders
![exness-vs-IC-markets-key-comparison-for-new-traders](https://hackmd.io/_uploads/Hkd_tItXeg.jpg)
Here is Exness vs IC Markets: Key Comparison for New Traders
### Ease of Use and Accessibility
- Exness: Offers an intuitive user interface with a simplified onboarding process. Exness is designed to make the trading experience smoother for beginners, including a fast verification process and a simple account management dashboard.
- IC Markets: While the platform is powerful, the user interface is slightly more complex and may require a learning curve for new users. Setting up and navigating through IC Markets can be overwhelming for first-time traders.
Minimum Deposit
- Exness: Offers a very low entry barrier, with some account types starting from just $10. This is ideal for new traders who want to test the waters without risking significant capital.
- IC Markets: Requires a minimum deposit of $200, which may be high for some beginners.
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### Leverage Options
- Exness: Offers flexible and high leverage, including unlimited leverage on certain account types, depending on the trader’s region and risk profile.
- IC Markets: Provides leverage up to 1:500, which is competitive but lower than Exness’ offerings.
### Trading Costs and Spreads
- Exness: Offers tight spreads starting from 0.1 pips on standard accounts and even lower on professional accounts. No commissions on standard accounts.
- IC Markets: Known for raw spreads starting from 0.0 pips, but it includes commissions of $3.5 per side on raw accounts.
### Platform and Tools
- Exness: Supports MetaTrader 4, MetaTrader 5, and its proprietary web terminal. It also offers in-built trading calculators, VPS hosting, and advanced charting tools.
- IC Markets: Also supports MT4, MT5, and cTrader, which is popular among professional traders. Offers powerful tools for technical analysis and algorithmic trading.
### Customer Support
- Exness: Offers 24/7 multilingual support via live chat, email, and phone. Response time is generally fast and highly rated in user reviews.
- IC Markets: Offers 24/5 support and weekend support for certain services, but with slightly slower response times based on trader feedback.
## Exness Reviews: What Are Traders Saying?
![exness-reviews-what-are-traders-saying](https://hackmd.io/_uploads/rye2Y8F7xg.jpg)
According to various **[Exness reviews](https://exnessbroker.io/category/exness-reviews/)**, the platform is widely praised for its fast withdrawals, transparent pricing, and responsive customer service. Traders particularly appreciate the stability of its trading environment and the flexibility it offers in terms of leverage and account types.
IC Markets also receives high marks for execution speed and professional-grade features, but beginners often note the initial complexity of using the platform.
While both brokers are excellent and reputable choices, Exness stands out as the better option for new traders. Its user-friendly interface, low minimum deposit, educational resources, and responsive support make it easier for beginners to start trading confidently.
IC Markets, while robust and suited for professional traders, might feel overwhelming to those just entering the trading world. If you are a beginner looking for a smooth and supportive trading experience, Exness is a reliable and flexible choice.
Contact information:
- Email: loraanxosoviet@gmail.com
- Address: Ho Chi Minh City, Vietnam
- Phone number: 086 509 2341

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