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

IC Markets Vs Exness: Which Broker Is Best For Finland Traders?

Which broker is better for Finland 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: Finland traders
Updated: October 2026
Compare any two brokers
VS

Quick Verdict — Finland 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 Finland 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

Finland traders looking for a reliable forex broker often compare IC Markets and Exness, two industry giants both scoring 4.8/5. IC Markets is known for its raw spreads from 0.0 pips and deep liquidity, making it a favorite among scalpers and algorithmic traders in Helsinki and across Finland. Exness, on the other hand, offers flexible leverage up to unlimited on certain accounts and a wider range of deposit methods including popular Finnish options like Skrill, Neteller, Bank Transfer, and USDT. Both brokers serve retail traders well, but their strengths differ. IC Markets excels in cost efficiency for high-volume trading, while Exness provides more accessible entry points and diverse payment solutions. For Finnish traders, the choice depends on trading style, volume, and preferred deposit method. This comparison covers spreads, regulation by the local financial regulator, platforms, and local payment methods to help you decide.

🏆

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 Finland traders, trading costs are a major factor. IC Markets offers tighter spreads on its Raw Spread account (0.0 pips) with a $7 round-turn commission per lot, ideal for high-frequency scalpers. Exness spreads start at 0.3 pips on its Standard account with no commission, but for high-volume traders, the raw spread account is more cost-effective. Over 100 lots per month, IC Markets can save Finnish traders $200-300 compared to Exness standard accounts. However, Exness offers zero spread on certain forex pairs during news events, which occasional traders find beneficial.

📂

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 - Finland Traders

Entity / AssetIC MarketsExness
Finland (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 Finland Traders
Traders in Finland 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 brokers offer MetaTrader 4, MetaTrader 5, and cTrader, all popular among Finland traders. IC Markets provides cTrader with advanced charting and algorithmic trading capabilities, preferred by Finnish scalpers. Exness also supports these platforms plus its own WebTerminal. For Finnish traders, platform choice often comes down to cTrader’s depth of market (IC Markets) versus Exness’s built-in social trading features. Both platforms are stable and offer fast execution suitable for retail traders in Finland.

⚡

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 boasts an average execution speed of 40ms and no requotes, ideal for scalpers in Finland. Exness executes orders in under 100ms with 99.9% fill rates. Both use Equinix data centers in London and New York for low latency. For Finnish traders trading during European sessions, both brokers offer excellent execution quality, but IC Markets edges ahead for high-frequency strategies.

🛡️

Regulation & Safety for Finland Traders

Safety FactorIC MarketsExness
Primary regulatorASICFCA
Top-tier regulated✓✓
Investor protection✓✓
Segregated funds✓✓
Neg. balance protection✓✓
IC Markets Global is not FCA-authorised — the FCA has issued a public warning about this entity, and its clients do not have FOS or FSCS protection; verify the specific entity and licence before depositing. Neither broker is regulated by the local financial regulator, meaning Finland traders do not have local investor protection. However, both brokers adhere to strict international standards, including negative balance protection and segregated client funds.
Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Finland traders may differ by entity.
💳

Deposits & Withdrawals for Finland

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

Finland traders can fund accounts using Bank Transfer, Skrill, Neteller, and USDT at both brokers. IC Markets supports instant deposits via Skrill and Neteller with no fees, while Bank Transfers take 1-3 business days and may incur bank charges. Exness also accepts USDT (Tether) on the TRC20 network, which is popular among Finnish crypto users for its low fees and speed. Withdrawals are processed within 24 hours for e-wallets and USDT at Exness, while IC Markets takes up to 1 business day. Both brokers do not charge internal fees, but third-party transfer fees may apply for Bank Transfers. For Finnish traders, USDT deposits offer a fast, low-cost option, especially at Exness.

☪️

Islamic Accounts - Swap-Free for Finland 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 Finland Muslim traders who require compliance with Sharia law. These accounts do not charge or pay overnight swap fees on positions held beyond the daily rollover. IC Markets provides swap-free accounts on request for all account types, while Exness offers them automatically for clients from countries with Islamic banking requirements. Finland traders should contact support to activate this feature. Both brokers ensure that Islamic accounts maintain standard trading conditions without hidden fees.

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 Finnish language support available during European hours. Exness provides 24/7 multilingual support including Finnish, with faster response times on live chat. Both brokers have extensive FAQ sections and account managers for VIP clients. For Finland traders, Exness’s dedicated Finnish support team is a slight advantage.

📱

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? - Finland Guide

Choose IC Markets if you...

  • Are a scalper or algorithmic trader needing raw spreads from 0.0 pips.
  • Trade high volumes (over 50 lots per month) to benefit from lower commission costs.
  • Prefer cTrader for its depth of market and advanced charting tools.
  • Value ultra-fast execution (40ms) for short-term strategies.

Choose Exness if you...

  • Want flexible leverage up to unlimited on certain accounts.
  • Prefer depositing with USDT or other cryptocurrencies for lower fees.
  • Are a beginner or occasional trader needing lower minimum deposits ($10 vs $200).
  • Need Finnish-language customer support and a wider range of deposit methods.
❓

FAQ - IC Markets vs Exness in Finland

Is IC Markets or Exness better for Finland?

+

Can Finland traders use both brokers legally?

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Which broker has lower spreads for Finland traders?

+

How do Finland traders deposit at IC Markets and Exness?

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Do both brokers offer Islamic accounts for Finland?

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Final Verdict - Finland 2026

IC Markets wins overall

For Finland traders, the choice between IC Markets and Exness depends on trading style and payment preferences. If you are a high-volume scalper or algorithmic trader who prioritizes low spreads and fast execution, IC Markets is the better choice. Its raw spreads from 0.0 pips and 40ms execution make it ideal for active strategies. If you prefer flexible leverage, lower minimum deposits, and diverse payment methods including USDT, Skrill, and Neteller, Exness is more suitable. Both brokers are well-regulated internationally, but neither is overseen by the local financial regulator. For Finnish traders, Exness’s support for USDT deposits and Finnish customer service gives it a local advantage. Ultimately, both are excellent brokers with 4.8/5 ratings, so test both with demo accounts to see which fits your needs best.

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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