Both Exness and IC Markets provide excellent apps for mobile trading. Let's compare the two to find out which suits you better.

Choosing a reliable trading application is a crucial step for traders. With the advancement of technology today, various features and ease of use of trading in apps are now at traders' disposal. Examples of such applications are those provided by Exness and IC Markets. As large brokers with a lot of clients, they are often compared with each other to determine which is better.

Exness Vs IC Markets App

Some of the main considerations that will be key points in the evaluation are the features offered, ease of use, speed and stability of the app, accuracy of data and analysis, and client support. However, the best choice may differ for each person and that's quite normal.

 

Exness Mobile App, a Useful Platform for Retail Traders

Exness is a reputable and well-established broker that has been in operation since 2008. The company has its headquarters located in various places such as Cyprus, Seychelles, and the United Kingdom, allowing them to provide their services to clients worldwide. Exness is also regulated by several bodies such as the Capital Markets Authority of Kenya, CySEC, FCA, FSA, FSC, FSCA, and The Financial Commission.

As of December 2019, Exness has served more than 232,000 active traders worldwide, with a monthly trading volume surpassing $1 trillion. They are known for their transparency, regularly publishing their financial reports which are reviewed by Deloitte.

Website
Established
2008
Leverage
1:2000
Min Deposit
$10
Regulation
FSA (Seychelles), CBCS (Curacao), FSC (BVI), FSCA, CMA (Kenya), FCA, CySEC, ESMA
PAMM
Trading contests
LAMM
Segregated accounts
VPS
Free education
Islamic account
Copy trading
Compensation scheme
Negative balance protection
Low spread eur/usd
Affiliate program
Trading via API
WebMoney
Wire transfer
Skrill
Neteller

The choice of broker is adjusted to the needs of each trader. If you are a trader who only needs a basic platform and trading features with the best attributes, then Exness can be your best choice.

Exness covers its lack of feature variations with other advantages like low spreads starting from only 0.1 pip. This is very suitable for traders who use scalping strategies (Scalper). Spreads on major pairs in certain account types can also be as low as 0.0 pip, depending on market conditions.

Not only that, but traders can also enjoy other advantages such as automatic fund withdrawals. Exness processes the majority of client withdrawals instantly, without manual checks; however, withdrawals may be subject tos depending on the payment provider or method of choice.

The safety of traders' funds is also guaranteed as Exness is one of the European-based STP/ECN brokers. Exness's ability to become an official partner of the Real Madrid soccer team for 3 years, starting July 2017, also provides evidence that the company has high solidity.

Deposits and withdrawals may be made 24 hours a day, 7 days a week. However, it is important to note that the company shall not be liable fors in processing deposits and withdrawals if suchs are caused by the payment system.

Traders do not need to worry about transaction fees when depositing and withdrawing. Exness doesn't charge any transaction fees to traders even though some charges may be incurred depending on the payment provider of choice. A variety of payment methods are provided for traders, including Wire Transfer, Bank Card, Neteller, Skrill, and many others.

The financial reports and metrics on the Exness website are audited quarterly by Deloitte, one of the four largest public accounting firms globally.

Moreover, Exness is one of the mote transparent brokers in the online trading industry. Traders can find out all information about this company on the website, such as trading volume, number of active clients, client deposits, company funds, and many more.

The platforms provided by Exness vary in MetaTrader 4, MetaTrader 5, Web, and Mobile platforms. This makes it easy for traders when trading on Exness, as they can also access Exness platforms anywhere and anytime.

Over the years, Exness has developed into a broker that attracts traders. Trader's trust is further enhanced by its compliance with financial regulations like the FCA and CySEC.

One measure of client confidence can be put on the trading volume. By December 2018, their clients' monthly trading volume reached USD348.4 billion and active traders around the world surpassed 50,342.

Through the program offered by Exness, traders also have the opportunity to earn extra income by becoming their partners. From the Introducing Broker (IB) program, partners can earn up to 33% spread commission from every new client that registers with them.

Additional income can also be obtained from Exness Partners. Traders can get a spread commission of up to 25% per transaction made by traders who register through an affiliate link.

When trading with Exness, clients can also make use of its free VPS hosting services. A VPS (Virtual Private Server) offers increased reliability and stability for traders as they can maintain their trades and expert advisors without interruption in the event of unexpected technical issues, such as internet or electricity downtime.

From the review above, it can be concluded that Exness is a favorite broker for traders because of low spreads and flexible account types. This condition is very suitable for traders with limited funds but is in need of more opportunities to get maximum profit. This broker is also well known for its maximum support on both new and existing partners.

Exness mobile app offers a wide range of features and tools for traders to access their accounts, manage trades, and track their positions on the go. It provides a low minimum deposit of $1, high leverage of 1:2000, and a competitive cost structure. Additionally, they ensure client funds are safe by providing negative balance protection and segregated accounts that are separate from corporate funds.

Another strength of Exness mobile app is its user-friendly interface, which makes it easy for traders to navigate and find the information they need. The app also offers real-time quotes and charts for a variety of currency pairs, as well as the ability to place stop loss and take profit orders. Another strength of the app is that it is equipped with trading tools such as the economic calendar and real-time news, which help traders stay up-to-date on important economic events.

Exness mobile app also provides a high degree of security to protect traders' accounts and data. The app has a built-in login security feature, and data is transmitted over an SSL-encrypted connection to protect traders' personal information.

One drawback of Exness mobile app is the limited number of instruments that are available for trading. From a wide range of 107 currency pairs supported by the broker, not all the instruments are available on the mobile platform.

Overall, Exness mobile app is a good option for traders who are looking for a user-friendly and feature-rich trading platform that can be accessed on the go. While the app has its limitations, it offers a solid trading experience for traders who want to stay connected to the markets while away from their desktops.

 

IC Markets Mobile App, a Platform to Access a Variety of Markets

IC Markets, located in Sydney, Australia, is considered a leading provider of forex CFD globally due to its large daily foreign exchange turnover of over $15 billion through more than 500,000 orders executed daily. The company was founded in 2007 and offers trading in a wide range of financial instruments, including currency pairs, commodities, indices, and cryptocurrencies.

They also claim to be an ECN (Electronic Communications Network) broker, which is one of the most popular and transparent trading methods available in today's marketplace.

The broker is regulated by three different governing bodies, such as the Cyprus Securities and Exchange Commission, the Australian Securities and Investments Commission, and the Financial Services Authority (St Vincent & the Grenadines) and it accepts clients from over 140 countries with over 100,000 active clients.

Website
Established
2007
Leverage
1:1000
Min Deposit
$200
Regulation
ASIC, CySEC, SCB, The Financial Commission, FSA (Seychelles)
Interest rate on funds
Free education
PAMM
MAM
Segregated accounts
Managed accounts
Islamic accounts available
Compensation scheme
Swap
Low spread eur/usd
VPS
Copy trading
FasaPay
Neteller
PayPal
Skrill
Wire transfer

IC Markets is an online forex broker operating under the company of International Capital Markets Pty Ltd. Traders under the Australian jurisdiction are provided with the trading service of IC Markets AU that is headquartered in Australia and licensed by the Australian Securities and Investments Commission (ASIC).

On the other hand, non-Australian traders who open an account in this broker are registered under IC Markets SEY that is based in Seychelles, and regulated under the Seychelles Financial Services Authority (SFSA). The dual operation is a result of the relatively new rules from ASIC that prohibit their regulated broker to offer trading services outside Australia.

Classified as an ECN broker, IC Markets provide clients with MetaTrader 4, MetaTrader 5, cTrader as platform trading options. This broker also follows market trends to include Cryptocurrencies as one of its products, enriching its already wide selection of trading assets that include Currencies, Indices, Metals, Energies, Softs, Stocks, as well as Bonds.

The minimum deposit in IC Markets is in the middle range compared to other ASIC-regulated brokers, as it reaches $200 for every client. Market analysis materials are also prepared regularly for trading insights on IC Markets's official website, proving their competence to serve their traders with important contents created by market experts that work specifically for them.

For payment methods, IC Markets allows funding and withdrawal via wire transfer, credit card, PayPal, Skrill, Neteller, FasaPay, UnionPay, as well as Bitcoin via BitPay. The more interesting aspect from this broker is its multi-base currencies that include USD, AUD, EUR, GBP, SGD, NZD, JPY, CHF, HKD, and CAD.

As the trading technology in IC Markets is highly equipped with co-located servers and extremely low latency (especially on cTrader), the broker is widely known for its capability in hosting traders with the special needs for high-frequency trading as well as scalping.

To sum up, IC Markets is a fitting destination for active traders looking for a well-regulated broker. IC Markets is also flexible in terms of base currency and payment methods, signaling their commitment to welcome traders beyond their home country. As of late 2019, IC Markets provided their website in 18 international languages including English, Korean, Indonesian, French, Spanish, Italian, Malay, German, and Chinese.

IC Markets mobile app provides traders with access to a variety of markets, including forex, commodities, indices, and cryptocurrencies. The platform offers narrow variable spreads starting from 0.0 pips on main FX pairs and is renowned for its ultra-fast order execution that usually takes under 40 milliseconds, making it a suitable environment for high-frequency trading, algorithmic strategies, and institutional investors. Even though the minimum deposit of $200 may be higher than other retail FX brokers, it is still an affordable amount that welcomes both beginners and professionals.

One of the strengths of IC Markets mobile app is its user-friendly interface, which makes it easy for traders to navigate and find the information they need. The app also offers real-time quotes and charts for a variety of markets and instruments, as well as the ability to place stop loss and take profit orders. The app includes several trading tools such as an economic calendar and live news feeds.

Another strength of the app is that it is fully customized so traders can create and save their watchlists, set alerts and price notifications, and switch between different chart types and indicators.

In addition, IC Markets mobile app supports a high degree of security to protect traders' accounts and data. The app is equipped with two-factor authentication and an SSL-encrypted connection to protect traders' personal information.

One limitation of IC Markets mobile app is that it may lack some of the advanced order types, like OCO orders, which some professional traders might require. Additionally, some traders have reported that the app could have some lags in order executions during high-volatility market hours.

Overall, IC Markets mobile app is a good option for traders who are looking for a well-designed and functional trading platform that can be accessed anytime and anywhere easily. It provides fast and reliable access to the markets and a variety of trading tools that can be helpful for traders to make informed decisions.

IC Markets Mobile App

 

Which One Is Better?

Exness and IC Markets are both popular forex and CFD brokers that offer mobile trading apps for their clients. Both apps offer similar features such as real-time quotes, charts, and the ability to place stop loss and take profit orders, along with some trading tools. However, there are some key differences between the two apps that may make one a better option for certain traders.

Exness app has a user-friendly interface and it offers real-time data for a variety of currency pairs. It has also an economic calendar that helps traders to stay up-to-date on important economic events. However, Exness mobile app has a limitation which is the few instruments that are available for trading.

Meanwhile, IC Markets app has a customizable interface and offers a wide range of markets and instruments, including forex, commodities, indices, and cryptocurrencies. It also provides traders with fast execution speed and tight spreads which enable them to trade efficiently and effectively.

Additionally, it's equipped with several trading tools such as an economic calendar and live news feeds. However, some traders have reported that the app could have some lags and it may lack in some of the advanced order types.

 

Conclusion

In conclusion, both Exness and IC Markets apps have their advantages and disadvantages. The choice between the two will depend on your specific trading needs and preferences.

Some traders may prefer the user-friendly interface of the Exness app, while others may prefer the wide range of markets and fast execution of IC Markets app. What's clear is that you may need to lean on Exness' side if your strategy highly depends on fast executions during high volatility. It's important to evaluate the features and functionality of each app and try them out for yourself before deciding which one to use.