Deriv vs Exness vs IC Markets - Fees Review Included



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When comparing Deriv, Exness, and IC Markets, fee structures vary significantly. IC Markets offers the lowest trading costs with ECN spreads from 0.1 pips and a $3 commission per lot, making it ideal for active traders. Exness follows with slightly higher spreads (0.6 pips) but no inactivity fees, making it cost-effective for long-term traders. Deriv has wider spreads (0.5-0.8 pips) and a $25 inactivity fee, which may not be ideal for low-volume traders.
For the best value, IC Markets leads in fees, while Exness offers a balanced cost structure and Deriv suits beginners with a low $10 deposit requirement.
Selecting the right broker is an important step toward becoming a successful trader, especially when considering well-known platforms like Deriv, Exness, and IC Markets. Traders often look for brokers that offer low fees, tight spreads, and strong regulation, so reviewing expert opinions is helpful. Reading detailed reviews that compare Exness with IC Markets, including their trading conditions, platform features, and pricing, can help traders figure out which broker fits their strategy best.
For those interested in real user experiences and broker performance, looking at feedback and reviews of both Deriv and Exness alongside IC Markets gives a broader view. Since each broker has strengths like competitive spreads, specialized account types, and powerful trading tools, traders can compare them to find the most suitable option. Examining how Deriv and Exness perform through expert reviews also gives traders a better understanding of how these brokers handle trade execution, customer service, and regulations.
Taking a closer look at how Exness and IC Markets compare side by side can be helpful when choosing the right broker. While Exness is known for its flexible leverage options and automated trading features, IC Markets is favored for its institutional-grade liquidity and cost-effective pricing. By breaking down their differences in terms of execution speed, trading platforms, and available assets, a thorough comparison between Exness and IC Markets allows traders to decide which broker matches their trading style and needs best.
Feature | Deriv | Exness | IC Markets |
---|---|---|---|
Overall | 1.5 | 4.7 | 4.7 |
Regulation | 1.5 | 4.8 | 5 |
Fees | 1.7 | 4.8 | 4.9 |
Trading assets | 1.6 | 3.9 | 4.6 |
Investment instruments | 1.8 | 4.1 | 4.9 |
Platforms and charting tools | 1.4 | 4.2 | 4.4 |
Deposit and withdrawal | 1.8 | 4.6 | 4.6 |
Research | 1.4 | 4.7 | 4.3 |
Education | 1.3 | 4.8 | 4.4 |
Support | 1.2 | 4.5 | 4.6 |
Bonuses | 1.3 | 3.1 | 2.5 |
Open an account | Open an account Your capital is at risk. | Open an account Your capital is at risk.
| Open an account Your capital is at risk. |
Deriv vs Exness vs IC Markets: pros and cons
Deriv is a brokerage company that started its activities in 1999. Deriv's mission is to make trading accessible. For this reason, the company has low minimum deposit requirements, but high-quality working conditions. DTrader is one of the broker's several proprietary trading platforms. Two others are DBot and DMT5. Deriv offers its clients to trade Forex assets, stocks, indices (including synthetic ones), CFDs, commodities, and options. Deriv is an international broker licensed and regulated by the following bodies: UK Financial Conduct Authority (FCA), Vanuatu Financial Services Commission (VFSC), Malta and Labuan Financial Services Authority (MFSA and Labuan FSA). The rights of traders are guarded by the Financial Commission, of which Derive is also a member.
When comparing Deriv to other major brokers, understanding the pros and cons of IC Markets and Exness helps traders choose the best platform for their needs. While IC Markets and Exness offer tight spreads, fast execution, and ECN accounts, Deriv stands out for its proprietary platforms and accessibility for beginners. Each broker has its strengths, making it essential to assess trading style, asset availability, and cost-effectiveness before making a decision.
Exness Trading Company has been working in the Forex market since 2008. The broker’s activity is managed by Nymstar Limited, a company registered in the Republic of Seychelles. The service is regulated by licenses of CySEC (Cyprus Securities Commission), FCA (Office of Financial Regulation and Supervision of Great Britain) and FSA (Office of Financial Regulation and Supervision of the Republic of Seychelles). The broker holds the leading position in Forex ratings. The company’s monthly trading turnover totals $325.8 billion USD. The broker currently has CFDs available for cryptocurrency, stocks, more than 120 currency pairs, energy and metals. Exness’s service provides favorable working conditions for traders: low commission, instant execution of orders and withdrawal of funds. An infinite leverage makes it possible to earn on small deposits up to $999. There are several options for opening an account depending on the traders’ needs. A demo account is available - a training account that is useful for both beginner level traders and professional traders.
IC Markets Trading Company was founded in 2007 in Sydney, Australia. The broker is licensed under the Australian Financial Services License (AFSL) and the Australian Securities and Investment Commission (ASIC). The broker is also a member of the Australian Financial Complaint Authority (AFCA), the governing body that sets the industry standard for the resolution of disputes between consumers and financial service providers, and regularly undertakes audits.
Deriv | Exness | IC Markets | |
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Overall pros |
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Overall cons |
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| No Forex bonuses. |
Deriv vs Exness vs IC Markets: safety and regulation
Both Deriv and IC Markets operate under strict regulatory frameworks so traders are protected and brokers follow financial regulations. While IC Markets holds a stronger Tier-1 regulatory status, Deriv, on the other hand, gives traders easy access to markets with flexible trading options, which is useful for traders who want a balance between simplicity and regulation. To make an informed choice, traders should look into how Deriv, as well as brokers like IC Markets, remain regulated by checking the broker's security measures, licenses, and how they comply with financial rules before deciding where to trade.
Regulated By: | Deriv | Exness | IC Markets |
---|---|---|---|
Max. regulation level | Tier-2 | Tier-1 | Tier-1 |
Investor protection | €20,000 | €20,000 £85,000 | €20,000 £85,000 |
FCA UK regulation | No | Yes | Yes |
FINRA (U.S) | No | No | No |
BaFin (Germany) | No | No | No |
ASIC (Australia) | No | No | No |
CFTC (U.S) | No | No | No |
MAS | No | No | No |
FSCA SA | No | Yes | Yes |
BVI FSC | Yes | Yes | Yes |
VFSC | Yes | No | No |
FSA (Seychelles) | No | Yes | Yes |
Deriv vs Exness vs IC Markets: trading conditions
For traders exploring different platforms, IC Markets and Deriv offer unique trading experiences with a variety of tools and features. Those interested in the IC Markets and Deriv platform will find that both brokers provide access to a range of financial instruments, allowing traders to execute trades efficiently while benefiting from competitive pricing and advanced technology.
When comparing brokers, understanding the trading conditions at Exness and IC Markets is essential for making an informed decision. Exness, known for its flexible leverage and instant order execution, appeals to traders who prioritize speed and accessibility. Meanwhile, IC Markets stands out with its low spreads, deep liquidity, and advanced ECN execution, making it a strong option for those who prefer institutional-grade trading conditions.
For traders focused on funding their accounts, the Deriv and IC Markets deposit process is straightforward, offering multiple payment options, including bank transfers, e-wallets, and cryptocurrencies. This flexibility allows traders to choose the most convenient method for adding funds, ensuring that they can begin trading without unnecessary delays.
Trading Conditions | Deriv | Exness | IC Markets |
---|---|---|---|
Minimum deposit | $10 | $1 | $200 |
Trading platforms | Deriv MT5, Deriv X, DTrader, SmartTrader, DBot | MT4, MT5, MultiTerminal | MT4, MT5, cTrader |
Max leverage (futures) | 1-1000 | 1-2000 | 1-500 |
Supported markets | Currency pairs, cryptocurrencies, CFDs, indices, stocks, synthetic indices, commodities | Currencies, assets of stock and commodity markets, cryptocurrencies | Forex, futures, CFDs on indices, commodities, metals, stocks and bonds |
Trading assets | 218+ | 100+ | 2000+ |
Trading accounts | Real account, demo account | Standard, Standard Cent, Standart Plus, Raw Spread, Zero, Pro | cTrader, Raw Spread, Standard |
Base account currencies | Deriv MT5, Deriv X, DTrader, SmartTrader, DBot | USD | USD, AUD, GBP, CHF, JPY, NZD, SGD, CAD, HKD, BTC |
Deriv vs Exness vs IC Markets: fees
When evaluating the costs associated with trading, it’s important to compare how Exness and IC Markets structure their fees. While both brokers offer cost-efficient trading, Exness stands out with its competitive commission system and the absence of inactivity charges, making it a great choice for active traders. In contrast, IC Markets, known for its well-established ECN model, provides even tighter spreads, which can be beneficial for those looking to minimize trading costs over the long term.
For traders deciding whether to open an account with Deriv or IC Markets, understanding the key differences between the two platforms is crucial. Deriv, with its lower minimum deposit requirements, appeals to beginners who are just stepping into the trading world. Meanwhile, IC Markets, designed for experienced traders, offers advanced trading features and deep liquidity, making it ideal for those who prioritize professional-grade trading conditions.
Fee | Deriv | Exness | IC Markets |
---|---|---|---|
Standard acc. spread EUR/USD, min pips | 0,5 | 0,6 | 0,6 |
Standard acc. spread EUR/USD, max pips | 0,8 | 1,5 | 1,5 |
ECN commission | 3 | 3 | |
ECN spread EUR/USD | 0,1 | 0,1 | |
Deposit fee, % | No | No | No |
Withdrawal fee, % | No | No | No |
Withdrawal fee, USD | No | No | No |
Inactivity fee, $ | 25 | No | No |
Deriv vs Exness vs IC Markets: trading assets
When comparing the range of instruments available on different platforms, Exness and Deriv stand out by catering to different trader preferences. While Exness, with its focus on simplicity, offers a well-structured selection of trading options that primarily include Forex and CFDs, Deriv, on the other hand, provides traders with more unique opportunities such as synthetic indices, which appeal to those looking for alternative market instruments. This distinction makes Exness and Deriv trading suitable for different styles of traders, depending on whether they prefer conventional financial assets or innovative trading products.
For those who specialize in Forex, both Exness and IC Markets offer strong trading environments, but they do so in slightly different ways. IC Markets, with its deep liquidity and ECN execution model, ensures that traders experience fast order processing and competitive spreads. Meanwhile, Exness, which is well-known for its ultra-high leverage reaching up to 1:2000, attracts those who prefer a more aggressive trading approach. This contrast between Forex trading on Exness and IC Markets highlights how each broker provides distinct advantages depending on whether traders prioritize execution speed or flexible leverage options.
Asset Name | Deriv | Exness | IC Markets |
---|---|---|---|
Overall | 218+ | 100+ trading assets | 2000+ trading assets |
Forex | Yes | Yes | Yes |
Stocks | Yes (CFD) | Yes (CFD) | Yes (CFD) |
Metals | Yes | Yes (CFD) | Yes (CFD) |
Cryptocurrencies | Yes (CFD) | Yes (CFD) | Yes (CFD) |
Energy | Yes | Yes (CFD) | Yes (CFD) |
Indices | Yes | Yes (CFD) | Yes (CFD) |
ETFs | No | No | Yes (CFD) |
Bonds | No | No | Yes (CFD) |
Mutual funds | No | No | No |
Stock options | No | No | No |
Futures trading | No | No | Yes (CFD) |
Binary options | No | No | No |
Deriv or Exness or IC Markets: investment programs
When comparing Deriv and IC Markets investment programs, IC Markets stands out by offering MAM/PAMM accounts, which allow professional traders to manage multiple accounts under a single strategy. Meanwhile, Deriv focuses more on its proprietary copy trading solutions, enabling traders to follow successful strategies with ease.
For those looking to diversify their portfolio, IC Markets and Exness provide structured investment options, with IC Markets offering deeper liquidity and advanced tools, while Exness ensures flexible trading with a wide selection of account types.
Asset Name | Deriv | Exness | IC Markets |
---|---|---|---|
Copy trading | Yes | Yes | Yes |
MAM/PAMM | No | No | Yes |
Managed Accounts | No | No | No |
Other | No | No | No |
Trading platforms: Deriv or Exness or IC Markets
For traders who are exploring different platforms, IC Markets and Deriv each offer unique trading environments. While IC Markets, when compared to the Deriv platform, provides access to well-established trading software such as MetaTrader 4, MetaTrader 5, and cTrader, Deriv, on the other hand, focuses on simplicity with its proprietary solutions like DTrader and SmartTrader. This makes IC Markets, with its integration of multiple trading platforms, a preferred choice for traders seeking advanced tools, while Deriv’s platform is more suited for those who prioritize ease of use and a straightforward trading experience.
When looking at the features of Exness in relation to Deriv trading tools, both brokers cater to different types of traders. Exness, which is well known for its traditional Forex trading options, offers access to MetaTrader 4 and MetaTrader 5, giving traders a familiar and professional trading experience. In contrast, Deriv, within the trading ecosystem, provides innovative features such as DBot and DTrader, which are particularly beneficial for traders who rely on automated strategies or prefer an intuitive trading interface.
Deriv | Exness | IC Markets | |
---|---|---|---|
MT4 | No | Yes | Yes |
MT5 | Yes | Yes | Yes |
cTrader | No | No | Yes |
Appropriate platform | DTrader | Exness terminal | IC Markets terminal |
Others | SmartTrader | No | No |
Deriv vs Exness vs IC Markets: deposit and withdrawal methods
When evaluating withdrawal options for both Exness and Deriv, traders will find that these brokers offer multiple payment methods. Whether using bank transfers, e-wallets, or cryptocurrencies, both platforms provide flexible solutions that make fund withdrawals quick and hassle-free. This ensures that traders can conveniently access their funds without long processing times, regardless of their preferred payment method.
For those assessing the minimum deposit requirements of IC Markets and Exness, the difference in entry barriers is notable. Exness, known for its accessibility, allows traders to start with a minimal deposit of just $1, making it an attractive choice for beginners. On the other hand, IC Markets, which has a minimum deposit requirement of $200, caters more to experienced traders who seek professional-grade trading conditions and access to ECN accounts.
Meanwhile, traders exploring deposit methods for Deriv and IC Markets will find a variety of funding options to suit different needs. Deriv, with its low deposit requirement of only $10, provides a cost-effective entry point for those who want to trade with a smaller initial investment. In contrast, IC Markets, which is recognized for its efficient processing speeds, offers a broad selection of funding methods, ensuring that traders can deposit funds quickly and securely without unnecessary delays.
Deposit and Withdrawal Method | Deriv | Exness | IC Markets |
---|---|---|---|
Bank Wire | Yes | Yes | Yes |
Bank Card | Yes | Yes | Yes |
Neteller | Yes | Yes | Yes |
BTC | Yes | Yes | Yes |
Wise | Yes | Yes | No |
Payoneer | No | No | No |
USDT | Yes | Yes | Yes |
Deriv vs Exness vs IC Markets: research
For traders analyzing Deriv and IC Markets research types, both brokers provide essential market insights, including news feeds, fundamental data, and trading ideas, making them valuable resources for informed decision-making.
Additionally, IC Markets and Exness enhance their research offerings with email reports and advanced analytical tools, while Deriv focuses on delivering structured market updates and in-depth charting capabilities.
Research Type | Deriv | Exness | IC Markets |
---|---|---|---|
News feed | Yes | Yes | Yes |
Fundamental data | Yes | Yes | Yes |
Chart analysis | Yes | Yes | Yes |
Trading ideas | Yes | Yes | Yes |
E-Mail reports | No | Yes | Yes |
Deriv vs Exness vs IC Markets: education
While Deriv, in a comparison vs IC Markets for beginners, focuses on simplicity by offering a user-friendly platform with demo accounts and educational articles, IC Markets, on the other hand, takes a more structured approach. It provides traders with professional-grade market insights, extensive video tutorials, and well-organized learning resources, making it ideal for those who prefer a more detailed learning experience.
For traders exploring education resources from Exness and IC Markets, both brokers provide valuable tools, but their approaches differ. Exness stands out by offering interactive webinars and cent accounts, making it a great choice for those who prefer live training and hands-on learning. Meanwhile, IC Markets is better suited for self-directed traders, as it provides an extensive collection of educational materials, including in-depth trading guides, market analysis, and advanced strategy courses to help traders develop their skills independently.
Education Type | Deriv | Exness | IC Markets |
---|---|---|---|
Demo-account/Paper trading | Yes | Yes | Yes |
Webinars | No | Yes | Yes |
Articles | Yes | Yes | Yes |
Videos | Yes | Yes | Yes |
Cent account | No | Yes | No |
Deriv vs Exness vs IC Markets: support
When comparing the level of assistance provided by IC Markets and Exness, traders will find that both brokers offer multiple ways to reach their support teams, including phone, email, and live chat. However, what sets them apart is that IC Markets, in addition to providing responsive service, is particularly known for its quick reply times and multilingual customer assistance. On the other hand, Exness, while also offering reliable customer care, is recognized for the variety of communication channels it provides, making it easier for traders to get the help they need. This distinction makes analyzing IC Markets and Exness support an important factor for those who prioritize customer service in their broker selection.
Similarly, traders considering the live chat options available at Deriv and Exness will notice that both platforms ensure immediate assistance through real-time messaging. While Deriv, with its 24/7 availability, is well-suited for traders who need round-the-clock support, Exness, by offering extended customer service hours, allows traders to connect with representatives at convenient times. This comparison of Deriv and Exness live chat services highlights the differences in accessibility, helping traders decide which broker better aligns with their support expectations.
Support Features | Deriv | Exness | IC Markets |
---|---|---|---|
Working days | 24/7 | 24/5 | 24/5 |
Yes | Yes | Yes | |
Phone | No | Yes | Yes |
Online chat | Yes | Yes | Yes |
Other | No | No | No |
Deriv vs Exness vs IC Markets: Forex bonuses and promo
When comparing Exness and IC Markets bonuses, neither broker offers direct Forex deposit bonuses, but both provide competitive affiliate programs that allow traders to earn commissions based on trading activity.
Additionally, traders looking for Deriv and Exness offers will find that Deriv focuses on a structured affiliate model, while Exness provides high commission payouts, making it an attractive option for those interested in passive earnings through referrals.
Promo | Deriv | Exness | IC Markets |
---|---|---|---|
Forex bonus | No | Not offered | Not offered |
Affiliate program | Deriv’s affiliate program is presented in three types: a trader can (i) receive additional earnings for the monthly income of his referees, (ii) for the probability of payments on options, as well as (iii) for inviting new users to the Deriv broker. | 40% of trading commissions | % of trading commissions |
Conclusion
Choosing between Deriv, Exness, and IC Markets depends on your trading style and priorities. Exness stands out for its high leverage and low minimum deposit, making it ideal for flexible trading. IC Markets offers the tightest spreads and deep liquidity, appealing to professional traders. Deriv provides beginner-friendly proprietary platforms and synthetic indices for unique trading opportunities. While Exness and IC Markets offer strong regulatory protections, Deriv ensures accessibility with its low-cost entry. Each broker has strengths, so selecting the best one depends on fees, trading conditions, and platform preferences.
FAQs
What should I start Forex trading with?
It is desirable for novice traders to explore trading using a demo account to learn the market and how to work on the trading platform without the risk of suffering losses. At the same time, it is advisable to review the educational materials of the broker, learn trading basics. Then you can deposit the minimum required amount to perform a small number of transactions. If you manage to close several months in a row in the black, without substantial drawdowns on the account, then you can try increasing your deposit. Also trying to copy trades automatically is a good option for a start.
What amount should I start trading with?
The minimum deposit of $10 may be enough to trade on the cent account. However, for trading on Standard/ECT accounts, experts recommend starting with at least $200-500. With this amount, you can use not a very big leverage. Remember, getting carried away with the margin is the main cause of losses among beginners.
What should I take into consideration when choosing a broker?
Experts recommend looking at the broker’s reliability first and foremost. The other important features include basic trading conditions, commissions and fees, customer reviews. If brokers are approximately the same in terms of basic criteria, you need to choose based on your experience and tasks. One broker may be good for professionals and another – for novice traders.
Is it possible to be scammed by a broker with a license from a reputable regulator?
In theory, yes. But in practice, it takes so much time and money to comply with the requirements of reputable regulators that it is not worth it for scammers to bother obtaining a legitimate license.
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Team that worked on the article
Rinat Gismatullin is an entrepreneur and a business expert with 9 years of experience in trading. He focuses on long-term investing, but also uses intraday trading. He is a private consultant on investing in digital assets and personal finance. Rinat holds two degrees in Economy and Linguistics.
Chinmay Soni is a financial analyst with more than 5 years of experience in working with stocks, Forex, derivatives, and other assets. As a founder of a boutique research firm and an active researcher, he covers various industries and fields, providing insights backed by statistical data. He is also an educator in the field of finance and technology.
As an author for Traders Union, he contributes his deep analytical insights on various topics, taking into account various aspects.
Mirjan Hipolito is a journalist and news editor at Traders Union. She is an expert crypto writer with five years of experience in the financial markets. Her specialties are daily market news, price predictions, and Initial Coin Offerings (ICO).