Broker Overview
Exness
Exness is a global multi-asset CFD broker known for flexible account structures, fast account operations, and a strong focus on execution, app-based trading, and payment efficiency. For traders in Malaysia, Exness is especially attractive if the priority is smooth funding, low-friction account management, and access to both beginner-friendly and professional account types within one ecosystem.
IC Markets
IC Markets is an execution-driven broker brand built around raw pricing, low-latency infrastructure, and platform choice. It is widely positioned toward active traders, scalpers, EA users, and traders who care more about trading conditions and platform flexibility than about a heavily app-centric client experience.
Regulation Comparison
Exness Regulation
- FSA (Seychelles)
- CySEC (Cyprus)
- FCA (United Kingdom)
- FSCA (South Africa)
- CBCS (Curaçao & Sint Maarten)
- FSC (BVI)
- FSC (Mauritius)
- CMA (Kenya)
- JSC (Jordan)
IC Markets Regulation
- FSA (Seychelles) – IC Markets Global / Raw Trading Ltd
- ASIC (Australia) – International Capital Markets Pty Ltd
- CySEC (Cyprus) – IC Markets (EU) Ltd
Note: For Malaysian traders, the exact contracting entity, leverage profile, and available payment methods may vary depending on residency, onboarding path, and account setup. It is better to confirm the legal entity shown inside the registration flow before making a first deposit.
Account Types Comparison
Exness Account Types
- Standard
- Standard Cent
- Pro
- Raw Spread
- Zero
Deposit Entry Point: Standard page lists $10, while Professional accounts start from $200. Actual first-time funding can still vary by region and payment method.
IC Markets Account Types
- Standard
- Raw Spread (MT4/MT5)
- Raw Spread (cTrader / TradingView)
- Raw Pro
- Raw Pro+
Deposit Entry Point: IC Markets Global Help Centre states there is no minimum deposit requirement to open a trading account, although advanced pricing tiers are clearly designed for higher-capital users.
Verdict: Exness has the broader retail account ladder and a more clearly segmented path from beginner to professional trading. IC Markets is simpler if the end goal is raw pricing and execution quality, but Exness is easier to position for a mixed Malaysian audience that includes both entry-level and advanced traders.
Spreads & Execution
Exness
- Standard Account: From 0.2 pips, no commission
- Raw Spread Account: From 0.0 pips, up to $3.50 per side per lot
- Execution: Standard and Standard Cent use market execution; Raw Spread and Zero are also market execution focused
- Strength: Strong execution marketing built around low slippage, fast order handling, and frictionless mobile trading
IC Markets
- Standard Account: From 0.8 pips, no commission
- Raw Spread Account: From 0.0 pips, average EUR/USD spread 0.1 pips, $3.50 per side per lot on MT4/MT5
- cTrader Raw: $3.00 per USD 100k traded
- Infrastructure: MT4/MT5 in Equinix NY4, cTrader in LD5, with low-latency execution architecture built for scalping and algorithms
Winner: IC Markets wins on raw-cost transparency and professional execution infrastructure. Exness is highly competitive on standard-account usability and execution convenience, but IC Markets remains the sharper choice for traders comparing raw pricing and latency.
Trading Platforms
Exness Platforms
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
- Exness Terminal
- Exness Trade App
- MetaTrader WebTerminal
IC Markets Platforms
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
- cTrader
- TradingView Integration
- IC Markets Global App
Advantage: IC Markets has the broader platform stack for serious desktop traders, especially with cTrader and TradingView connectivity. Exness is stronger if you want a more unified proprietary app and terminal experience alongside MetaTrader.
Deposits & Withdrawals
Exness
- Methods: Bank cards, bank transfers, and selected e-wallet / regional methods shown in the Personal Area
- Processing: Deposits and withdrawals are available 24/7; if not instant, Exness states requests are processed within 24 hours
- Automation: Exness markets automated withdrawals as a major strength
- Malaysia Fit: Strong if the priority is fast withdrawals, but exact local payment availability should always be checked after registration
IC Markets
- Methods: Credit/Debit Cards, PayPal, Neteller, Skrill, UnionPay, Wire Transfer, Bpay, Broker-to-Broker
- Processing: Many electronic deposit methods are instant; wire transfer funding is typically 2-5 business days
- Fees: No extra deposit/withdrawal fees from IC Markets Global, but international bank wire charges may be passed through
- Malaysia Fit: Good international funding coverage, though the exact method mix is less “instant-first” in positioning than Exness
Winner: Exness takes the edge for payment convenience and withdrawal experience. IC Markets is perfectly solid on funding, but Exness is marketed much more aggressively around instant and automated withdrawals, which tends to matter a lot for Malaysian retail traders.
Customer Support & Education
Exness Support
Exness offers multilingual 24/7 support and a strong help-center-driven experience. Its research and educational side is increasingly built around Exness Insights, calculators, market tools, and app-native content rather than a traditional “broker academy” feel.
- • 24/7 multilingual support
- • Exness Insights and analytical tools
- • Strong app and account support ecosystem
IC Markets Support
IC Markets also provides 24/7 support, but its content style is more traditional: webinars, education tracks, market analysis, and daily blog coverage. This makes it more attractive to traders who want a broker with a heavier learning-and-analysis content library.
- • 24/7 support team
- • Webinars and education overview
- • Active market analysis and blog content
Detailed Pros & Cons
Exness
Pros
- Very strong withdrawal and payment experience
- Broad account ladder from Standard to professional tiers
- MT4, MT5, Exness Terminal, and Exness Trade app
- 24/7 multilingual support
- Good fit for mobile-first retail traders
Cons
- No cTrader offering
- Some funding and first-deposit conditions vary by region
- Professional accounts require higher entry than Standard
- Less appealing than IC Markets for pure latency-focused platform traders
IC Markets
Pros
- Excellent raw-spread pricing structure
- Strong fit for scalping, algos, and active trading
- MT4, MT5, cTrader, and TradingView access
- Low-latency infrastructure and clear execution focus
- No minimum deposit requirement stated by the Global Help Centre
Cons
- Less polished than Exness for instant-withdrawal messaging and retail convenience
- International bank wire costs may still apply
- More execution-centric than beginner-friendly in tone
- Advanced pricing tiers are not necessary for most casual traders
Trading Costs Breakdown
| Account | Spread From | Commission | Execution / Notes |
|---|---|---|---|
| Exness Standard | 0.2 pips | $0 | Market execution; strongest all-round retail value inside Exness |
| Exness Raw Spread | 0.0 pips | Up to $3.50 / side / lot | Professional account; built for lower spread trading |
| IC Markets Standard | 0.8 pips | $0 | MetaTrader-based standard pricing for traders who do not want commissions |
| IC Markets Raw Spread (MT4/MT5) | 0.0 pips | $3.50 / side / lot | Average EUR/USD spread 0.1 pips; NY4 infrastructure |
| IC Markets Raw Spread (cTrader / TradingView) | 0.0 pips | $3.00 / USD 100k | Best suited to cTrader and TradingView users |
Note: Exness shows dynamic instrument-level spreads based on previous-day averages, while IC Markets explicitly states that the platform's live instrument specifications are the most accurate. For a professional comparison page, it is better to frame all spread data as floating and execution-time dependent rather than fixed.
Final Verdict & Recommendations
For Complete Beginners
Exness - easier funding flow, strong support, better retail usability
For Professional Traders
IC Markets - raw pricing, cTrader, TradingView, and latency-focused infrastructure
For Low-Cost Trading
IC Markets - stronger raw-cost case if commission-based trading is acceptable
For Scalping / EA Trading
IC Markets - clearer execution-first positioning for high-frequency styles
For Funding & Withdrawals
Exness - stronger payment convenience and withdrawal messaging
For Platform Variety
IC Markets - MT4, MT5, cTrader, and TradingView give it the edge
Overall Recommendation:
Exness wins for: traders who want smoother account management, stronger withdrawal convenience, mobile-first usability, and a more flexible retail-to-pro account ladder
IC Markets wins for: traders who prioritize raw spreads, cTrader / TradingView access, algorithmic trading compatibility, and low-latency infrastructure
Bottom Line: For a Malaysian comparison page, Exness is the better “all-round retail broker” angle, while IC Markets is the stronger “execution-first professional broker” angle