Written by ForexBrokers.com
In this head to head comparison of Exness vs IFC Markets, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Exness, founded in 2008, consistently ranks as a trusted online broker with a Trust Score of 81 according to ForexBrokers.com. Despite not being publicly traded or a banking entity, Exness holds two Tier-1 licenses, signifying a high level of trust. Additionally, it possesses three Tier-2 licenses, further adding to its credibility and trustworthiness.
In comparison, IFC Markets, established in 2006, has a Trust Score of 73, marking it as an average risk broker. Like Exness, it is neither publicly traded nor a bank, but it falls behind in regulatory credentials, holding no Tier-1 licenses and just one Tier-2 license. This regulatory standing may make Exness a slightly more attractive option for those prioritizing regulatory oversight.
| Feature |
Exness
|
IFC Markets
|
|---|---|---|
| Year Founded | 2008 | 2006 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 0 |
| Tier-2 Licenses | 3 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 1 |
When comparing the commissions and fees of Exness and IFC Markets, Exness stands out with a variety of account offerings, including two standard and three professional account types. Depending on the account type, trading costs can vary, with two commission-based accounts providing a competitive edge with lower spreads than commission-free options. The Zero Spread account is notable for its low per-trade commission of $0.05, while the Raw account charges up to $7 per round turn lot, supporting lower spreads. Both accounts utilize market execution and provide flexibility in leverage and stop-out levels. Each account type except the Pro account operates through market execution, with the Pro account offering both instant and market execution techniques.
In contrast, IFC Markets does not provide detailed average spread data, which might be a consideration for traders seeking cost transparency. Despite this, both brokers are equally rated at 4 stars for their commission and fee structures, showcasing their relatively competitive positions in the market.
When it comes to ranking, ForexBrokers.com positions Exness at #35 out of 62 brokers for commissions and fees, slightly ahead of IFC Markets, which holds the #39 spot. This ranking highlights Exness's slight edge in fee structure, thanks to its wide range of account types and flexible trading options. However, both brokers maintain a strong presence in the industry, appealing to traders with varying preferences and needs.
| Feature |
Exness
|
IFC Markets
|
|---|---|---|
| Minimum Deposit | $10 | $1 |
| Average Spread EUR/USD - Standard | N/A | 1.44 |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments offered by Exness and IFC Markets, potential investors will notice varying options to meet their trading needs. Both platforms provide forex trading through CFDs or spot contracts, yet they differ significantly in the selection of tradeable symbols and forex pairs. Exness offers a total of 227 tradeable symbols, including 96 forex pairs, while IFC Markets provides a more extensive range with 630 tradeable symbols but only 49 forex pairs. Neither platform allows for buying exchange traded securities on U.S. exchanges, but IFC Markets stands out by offering access to international exchanges, enabling users to purchase shares like Vodafone on the London Stock Exchange.
Both Exness and IFC Markets support copy trading, catering to those who wish to mimic successful trading strategies. When it comes to cryptocurrency, both platforms offer derivatives but do not provide the option to buy actual cryptocurrencies. In terms of recognition, both brokers receive a 3.5-star rating for their range of investments. However, IFC Markets is ranked higher at 43rd out of 62 brokers on ForexBrokers.com, compared to Exness, which is positioned at 55th. This suggests that while both platforms have similar strengths, IFC Markets might offer a slightly broader investment reach.
| Feature |
Exness
|
IFC Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 227 | 630 |
| Forex Pairs (Total) | 96 | 49 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing online trading platforms, both Exness and IFC Markets offer a diverse range of tools and features aimed at enhancing the trading experience. Each broker provides a free virtual demo account for beginners to practice without financial risk. Both brokers have developed proprietary platforms, alongside offering popular MetaTrader 4 and MetaTrader 5 platforms, which cater to a wide array of trading preferences. In terms of accessibility, Exness and IFC Markets enable trading through Windows-based desktop platforms, web-based platforms, and offer support for copy trading. However, neither broker supports DupliTrade or ZuluTrade for signal copying. Both Exness and IFC Markets allow users to place trades directly from charts, although Exness provides significantly more chart drawing tools, with 87 options compared to IFC Markets' 15, which might appeal to more detail-oriented traders.
Despite these similarities, there are slight differences in their ranking and evaluation. Both Exness and IFC Markets have received a four-star rating for their trading platforms and tools. However, they are ranked differently in the Trading Platforms and Tools category by ForexBrokers.com, with Exness securing the 26th spot while IFC Markets is ranked 36th out of 62 brokers. Additionally, both offer an equal number of columns for watch lists, featuring seven fields, enabling traders to efficiently manage and customize their trading views. Overall, while each broker provides a solid suite of tools to support trading activities, potential users may lean towards Exness for a more extensive selection of drawing tools and its slightly higher platform ranking.
| Feature |
Exness
|
IFC Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 107 | 30 |
| Charting - Drawing Tools (Total) | 87 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Exness and IFC Markets, both platforms provide apps for iPhone and Android users, along with essential features such as stock and forex price alerts. However, there are notable differences. For instance, Exness offers 35 technical studies for charting within its app, slightly more than IFC Markets, which provides 30. Both apps allow traders to draw trendlines and view charts across different timeframes like daily, weekly, or intraday. Unfortunately, Exness’s app lacks the ability to auto-save chart drawings, a feature that IFC Markets includes, adding convenience for users who frequently engage in technical analysis.
Regarding watchlist coordination, IFC Markets supports seamless syncing between mobile apps and online accounts, ensuring that any changes update across all platforms. Exness, on the other hand, does not offer this synchronization feature, which may be a downside for traders who switch between devices. Both apps accommodate the creation of watchlists with real-time quotes, a vital feature for active traders. In terms of overall user rating, both platforms earn four stars for their mobile apps, though Exness is ranked higher by ForexBrokers.com at 26th out of 62 brokers, compared to IFC Markets at 52nd. This ranking suggests that while both apps are highly rated, Exness may have a slightly better reputation among its user base.
| Feature |
Exness
|
IFC Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 35 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Exness and IFC Markets in terms of market research offerings, both provide daily market commentary and economic calendars to keep traders informed about current and future global events. However, Exness has an edge by providing forex news updates from leading sources such as Bloomberg and Reuters, a feature not available with IFC Markets. Additionally, Exness supports traders with technical analysis tools from Trading Central, which enhances the trading decision-making process. On the other hand, both brokers do not offer tools from Autochartist, TipRanks, or Acuity Trading, showcasing some common limitations.
Both Exness and IFC Markets include sentiment-based trading tools that indicate position ratios across different currency pairs, aiding in market sentiment analysis. Despite these offerings, both brokers receive the same 3.5-star rating for research. In terms of their ranking among 62 brokers, IFC Markets holds a slight upper hand at #40, just ahead of Exness at #41. This close competition highlights the strengths and weaknesses each broker has in delivering research tools to their clients.
| Feature |
Exness
|
IFC Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Both Exness and IFC Markets provide solid educational resources for those new to trading forex or CFDs. Each broker offers an accessible library with at least ten educational pieces, such as articles and videos, specifically focused on forex and CFDs, making it easier for novices to grasp the concepts. Additionally, they both supply a comprehensive investor dictionary containing over fifty key investing terms, which can aid beginners in understanding financial jargon. However, when it comes to advanced educational videos, IFC Markets stands out by offering ten or more, while Exness does not meet this benchmark.
Exness and IFC Markets both fall short in offering regular online educational webinars but differ in the availability of archived webinars. Exness provides a searchable archive, which can be an invaluable tool for those who prefer to learn through interactive sessions at their own pace. In contrast, IFC Markets lacks this feature. Both brokers are equally rated at 3.5 stars for their educational offerings. However, within the broader market of 62 brokers ranked by ForexBrokers.com, IFC Markets fares better, holding the 30th position compared to Exness, which is ranked 47th.
| Feature |
Exness
|
IFC Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Exness is better than IFC Markets. Exness finished with an overall rank of #43, while IFC Markets finished with an overall rank of #45.
Exness is a MetaTrader-only broker regulated in the EU offering multiple account types and forex pairs, but its offering lacks the range of CFDs forex brokers typically offer.
| Feature |
Exness
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IFC Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 81 | 73 |
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Both Exness and IFC Markets provide opportunities to trade cryptocurrency derivatives, but neither platform allows for the purchase of actual delivered cryptocurrencies.
In a comparison of online brokers, both Exness and IFC Markets do not offer ACH or SEPA transfers or PayPal for deposits or withdrawals, but Exness uniquely provides the option to use Skrill, with both platforms supporting Visa, Mastercard, and bank wire transactions.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Exness | IFC Markets | |
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| Trust Score | 81 | 73 | |
| Winner | check_circle | ||
| Review | Exness Review |
| Broker Screenshots | Exness | IFC Markets | |
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| Regulation | Exness | IFC Markets | |
|---|---|---|---|
| Trust Score | 81 | 73 | |
| Year Founded | 2008 | 2006 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 0 | |
| Tier-2 Licenses | 3 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 1 |
| Tier-1 Licenses (Highly Trusted) | Exness | IFC Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Exness | IFC Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes | No |
| Investments | Exness | IFC Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 227 | 630 | |
| Forex Pairs (Total) | 96 | 49 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Exness | IFC Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.44 | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Exness | IFC Markets | |
|---|---|---|---|
| Minimum Deposit | $10 | $1 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Exness | IFC Markets | |
|---|---|---|---|
| Proprietary Platform | Yes | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Exness | IFC Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 107 | 30 | |
| Charting - Drawing Tools (Total) | 87 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Exness | IFC Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 35 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Exness | IFC Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Exness | IFC Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Exness | IFC Markets | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Exness Review |
| Overall | Exness | IFC Markets | |
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| Trust Score | 81 | 73 | |
| Winner | check_circle | ||
| Review | Exness Review |
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