Joseph Oloo
Written by
Alia Mehmood
Fact-checked by
Updated October 2026Country Cambodia
Data verified
Complete Head-to-Head Comparison · 2026

IC Markets Vs Exness: A Complete Comparison For Cambodia Traders (2026)

Which broker is better for Cambodia traders in 2026? Expert analysis across 12 categories.

IC Markets logo
IC Markets
ASIC · CySEC · FSA · Founded 2007
Open Account
VS
Exness logo
Exness
FCA · CySEC · ASIC · Founded 2008
Open Account
Winner: IC Markets
Categories: 12 compared
For: Cambodia traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Cambodia Traders

Best Overall
IC Markets
Higher overall score & more features
Best Spreads
Exness
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Cambodia Muslims
Best for Beginners
IC Markets
Better education & support
$200 vs $10
Min deposit
1:5000 vs 1:2
Max leverage
ASIC vs FCA
Top regulator
3.6 vs 3.5
Our scores
Table of Contents

Head-to-head comparison

For Cambodia retail traders seeking a reliable forex broker, IC Markets and Exness are two of the most popular choices in 2026. Both brokers boast a 4.8/5 rating and offer robust trading environments tailored to local needs. IC Markets is known for its ultra-low spreads, deep liquidity, and advanced platforms like MetaTrader 4/5 and cTrader, making it a go-to for serious scalpers and algorithmic traders in Phnom Penh and beyond. Exness, on the other hand, attracts a wide audience with its flexible leverage (up to unlimited), instant withdrawals, and a user-friendly interface that suits beginners and seasoned traders alike. Cambodia traders benefit from local payment options including Bank Transfer, Skrill, Neteller, and USDT, all supported in USD. While neither broker is directly regulated by a Cambodian financial regulator, both operate under stringent international oversight, providing a secure trading environment. This comparison covers trading costs, platforms, regulation, deposit methods, Islamic accounts, and more to help you decide which broker aligns with your trading style and goals in Cambodia.

🏆

Overall Scores Comparison

IC Markets logo
IC Markets
ASIC · CySEC · FSA
3.6
CompareBroker score
Winner
VS
Exness logo
Exness
FCA · CySEC · ASIC
3.5
CompareBroker score
Trading Costs
Spreads, commissions
3.7
WIN
3.6
Platforms
MT4, MT5, cTrader, TV
3.8
WIN
3.2
Regulation
Safety, oversight
3.9
WIN
3.8
Deposits
Local payments
3.7
WIN
3.6
Customer Support
24/5, chat, phone
3.4
3.7
WIN
Education
Webinars, guides
3.3
WIN
3.2
Execution
Speed, slippage
3.7
WIN
3.6
Mobile App
iOS, Android
3.6
WIN
3.5
💹

Trading Costs - Spreads & Commissions

InstrumentIC MarketsExnessWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotExness
XAU/USD (Gold)$0.14 typical$0.12 typicalExness
GBP/USD avg spread0.29 pips0.23 pipsExness
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsExness
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$200$10Exness

For Cambodia traders, trading costs are a critical factor, especially for those trading high volumes. IC Markets offers a Raw Spread account with spreads from 0.0 pips and a commission of $3.50 per lot per side, resulting in a total cost of around $7 per lot round turn. This is ideal for scalpers and day traders in Cambodia who execute many trades daily. Exness provides a Zero account with spreads from 0.1 pips and a commission of $3.50 per lot per side, making it slightly more expensive for high-frequency traders. However, Exness also offers a Standard account with no commission but wider spreads (around 1.0 pip on EUR/USD). For Cambodia traders focusing on low costs, IC Markets is generally more cost-effective, while Exness may appeal to those who prefer commission-free trading or smaller account sizes.

📂

Account Types Comparison

Account TypeIC MarketsExness
Standard account✓✓
ECN / Raw spread✓✓
Islamic (swap-free)✓✓
Demo account✓✓
PAMM / MAM account✓✗
Zero spread account✓✓
Copy trading✗✗
Min deposit$200$10
⚖️

Leverage Comparison - Cambodia Traders

Entity / AssetIC MarketsExness
Cambodia (offshore)Up to 1:5000Up to 1:2
Forex major pairs1:50001:2
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Cambodia Traders
Traders in Cambodia typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassIC MarketsExnessWinner
Forex pairs90+65+IC Markets
Gold (XAU/USD)✓✓Tie
Oil (WTI/Brent)✓✓Tie
Stock indices25+ indices20+ indicesIC Markets
Crypto CFDs30+20+IC Markets
Stocks / Share CFDs✗✗Exness
ETFs✗✗Tie
🖥️

Platforms Comparison

PlatformIC MarketsExness
MetaTrader 4 (MT4)✓✓
MetaTrader 5 (MT5)✓✓
cTrader✓✗
TradingView✗✗
Expert Advisors (EAs)✓✓
Scalping allowed✓✓
Hedging allowed✓✓

Both IC Markets and Exness offer powerful trading platforms that cater to Cambodia traders. IC Markets provides MetaTrader 4, MetaTrader 5, and cTrader, which are ideal for algorithmic trading, advanced charting, and fast execution. cTrader is particularly popular among Cambodia scalpers for its depth of market and order flow features. Exness also supports MT4 and MT5, along with its proprietary WebTrader platform, which offers a clean interface and one-click trading. For Cambodia traders, the choice depends on personal preference: IC Markets is better for those who need advanced tools and automation, while Exness suits traders who value simplicity and mobile trading convenience.

⚡

Execution Quality - Speed & Slippage

FactorIC MarketsExnessWinner
Execution modelECN/STPTrue ECNExness
Avg execution speed~30ms~40msIC Markets
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowed✓✓Tie
EA / Bot trading✓✓Tie

IC Markets is renowned for its ultra-fast execution with no requotes, thanks to its Equinix NY4 data center and low-latency connectivity. This is ideal for Cambodia scalpers and algorithmic traders. Exness also offers fast execution with a 99.9% order fill rate, but may experience occasional slippage during high volatility. For Cambodia traders requiring precision and speed, IC Markets is the better choice.

🛡️

Regulation & Safety for Cambodia Traders

Safety FactorIC MarketsExness
Primary regulatorASICFCA
Top-tier regulated✓✓
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓

IC Markets is regulated by the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Authority (FSA) of Seychelles. Exness holds licenses from the Financial Conduct Authority (FCA) in the UK, CySEC, and the Financial Services Authority (FSA) of Seychelles. For Cambodia traders, neither broker is directly supervised by a local financial regulator, but the international oversight provides a high level of security. Exness is known for its transparent financial reporting and negative balance protection, while IC Markets offers segregated client funds. Cambodia traders should verify that their chosen entity (e.g., Seychelles for both) offers adequate protection and leverage options.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Cambodia traders may differ by entity.
💳

Deposits & Withdrawals for Cambodia

Payment MethodIC MarketsExness
Bank Wire Transfer✓✓
Visa / Mastercard✓✓
Skrill✓✓
Neteller✓✓
USDT / Crypto✓✓
Withdrawal timeE-wallets instant-24hrs; Cards 3-5 business days (up to 10); Int'l bank wire up to 14 dayscrypto takes 30–60 minutes, and bank cards or wires take 1 to 5 business days

Cambodia traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT at both IC Markets and Exness. IC Markets requires a minimum deposit of $200 and processes withdrawals within 1-2 business days for e-wallets, with no fees. Exness offers a lower minimum deposit of $10 and instant withdrawals for Skrill, Neteller, and USDT, making it more accessible for smaller traders. Bank transfers may take 1-3 days for both brokers. USDT (Tether) is increasingly popular in Cambodia for its speed and low fees. Exness also supports local Cambodian bank transfers through third-party providers, though availability may vary. Both brokers accept USD deposits, eliminating currency conversion costs for Cambodia traders.

☪️

Islamic Accounts - Swap-Free for Cambodia Muslims

Islamic Account FeatureIC MarketsExness
Swap-free available✓✓
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported✓✓
How to applyContact supportContact support

Both IC Markets and Exness offer Islamic (swap-free) accounts for Cambodia Muslim traders who require Sharia-compliant trading. IC Markets provides swap-free accounts on all account types, including Raw Spread and Standard, with no additional fees. Exness offers Islamic accounts on Standard and Cent accounts, but not on Zero or Pro accounts. Cambodia traders must request the Islamic account during registration and provide a valid reason (e.g., religious belief). Both brokers ensure that overnight positions incur no interest, aligning with Islamic finance principles. It's advisable to confirm the terms with customer support, as some brokers may charge a fee after a holding period.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureIC MarketsExnessWinner
Live chat✓✓Tie
Phone support✓✓Tie
Email support✓✓Tie
24/7 support✗✓Exness
Response time (chat)<2 minutes<3 minutesIC Markets

IC Markets offers 24/7 customer support via live chat, email, and phone, with multilingual agents including English and Chinese. Exness also provides 24/7 support through live chat, email, and phone, with a dedicated team for Cambodian clients. Exness has a slight edge with faster response times and a comprehensive FAQ section in Khmer. For Cambodia traders, both brokers are reliable, but Exness may be more responsive for local queries.

📱

Mobile App Comparison

Mobile FeatureIC MarketsExnessWinner
iOS App Store rating4.5 stars4.3 starsIC Markets
Google Play rating4.3 stars4.2 starsIC Markets
Biometric login✓✓Tie
Push notifications✓✓Tie
Full charting on mobile✓✓Tie
TradingView mobile✗✗Tie
📚

Education & Research Tools

ResourceIC MarketsExnessWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)✗✗Tie
Economic calendar✓✓Tie
Market analysisDailyBasicIC Markets
⭐

Real User Reviews - Trustpilot

T
IC Markets
☆☆☆☆☆
—
54,430 verified reviews
View on Trustpilot
T
Exness
☆☆☆☆☆
—
28,910 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

IC Markets

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-$200 min deposit
-No 24/7 support

Exness

Pros
+Top-tier regulated
+Islamic swap-free account
+24/7 customer support
Cons
-No TradingView
👤

Who Should Use Which Broker? - Cambodia Guide

Choose IC Markets if you...

  • are a scalper or day trader who needs ultra-low spreads and fast execution.
  • prefer advanced platforms like cTrader for algorithmic trading.
  • trade high volumes and want to minimize transaction costs.
  • value deep liquidity and no requotes during volatile markets.

Choose Exness if you...

  • are a beginner or retail trader with a small account (minimum $10 deposit).
  • want instant withdrawals via Skrill, Neteller, or USDT.
  • prefer flexible leverage up to unlimited for larger positions.
  • need a user-friendly platform and 24/7 support in Khmer.
❓

FAQ - IC Markets vs Exness in Cambodia

Is IC Markets or Exness better for Cambodia?

+

Can Cambodia traders use both brokers legally?

+

Which broker has lower spreads for Cambodia traders?

+

How do Cambodia traders deposit at IC Markets and Exness?

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Do both brokers offer Islamic accounts for Cambodia?

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Final Verdict - Cambodia 2026

IC Markets wins overall

For Cambodia traders, the choice between IC Markets and Exness ultimately depends on your trading style and priorities. IC Markets excels with its razor-thin spreads, advanced platforms, and superior execution, making it ideal for professional scalpers and algorithmic traders. Exness, however, offers unmatched flexibility with unlimited leverage, instant withdrawals, and a low minimum deposit, appealing to beginners and those who prioritize accessibility. Both brokers support local payment methods like Bank Transfer, Skrill, Neteller, and USDT, and operate under reputable international regulators. While neither is directly regulated by a Cambodian financial regulator, the oversight from ASIC, FCA, and CySEC ensures a secure trading environment. We recommend IC Markets for cost-conscious, high-frequency traders, and Exness for traders seeking flexibility and fast fund access. Test both with demo accounts to find the best fit for your Cambodia trading journey.

Open IC MarketsOpen Exness
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of October 2026.
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Score Summary
IC Markets Winner3.6/5
Exness 3.5/5
Full Reviews
Full IC Markets Review →Full Exness Review →
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.
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