IC Markets vs Exness: In-Depth Comparison for Taiwan Traders (2026)

When comparing trading costs for Taiwan traders, IC Markets has a clear edge for high-volume traders. Its Raw Spread account offers spreads from 0.0 pips with a commission of $3.50 per lot, resulting in an effective cost of about $7 per round turn. Exness Zero account spreads start from 0.1 pips with a $3.50 commission per lot, making it slightly more expensive. For low-volume traders, Exness Standard account (no commission, spreads from 0.3 pips) can be more cost-effective. In Taiwan, where trading volumes can vary, scalpers will prefer IC Markets for tighter spreads, while occasional traders may favor Exness for simplicity. Both brokers have no hidden fees for deposits via Bank Transfer, Skrill, Neteller, or USDT.

Both IC Markets and Exness offer the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, which are widely used by Taiwan traders for their advanced charting and automated trading capabilities. IC Markets also provides cTrader, a favorite for ECN trading with superior order execution and depth of market. Exness offers its proprietary WebTerminal and mobile apps, but lacks cTrader. For Taiwan traders who prefer algorithmic trading or copy trading, IC Markets supports a wider range of Expert Advisors (EAs) and has a larger community. Exness platforms are user-friendly and optimized for quick deposits and withdrawals, including USDT. Overall, IC Markets is better for tech-savvy traders, while Exness suits those who value simplicity and mobile trading.

IC Markets is known for its ultra-fast execution with no dealing desk intervention, ideal for scalpers and high-frequency traders in Taiwan. It uses Equinix NY4 data centers for low latency. Exness also offers fast execution with a 99.9% order fill rate, but its spreads can widen during volatile sessions. For Taiwan traders, IC Markets provides a more consistent execution environment, especially for ECN trading, while Exness is sufficient for most retail strategies. Both brokers have no requotes, but IC Markets is superior for time-sensitive trading.

IC Markets is regulated by top-tier authorities including the Australian Securities and Investments Commission (ASIC), the Cyprus Securities and Exchange Commission (CySEC), and the Financial Services Authority (FSA) in Seychelles. Exness is regulated by the Financial Conduct Authority (FCA) in the UK, CySEC, and the Financial Services Authority (FSA) in Seychelles. For Taiwan traders, neither broker is directly regulated by the local financial regulator, but both adhere to international standards, offering negative balance protection and segregated client funds. This means your funds are safe, but you should be aware that deposit insurance may not apply. Always verify the specific entity you are trading with to ensure compliance with your local laws.

Taiwan traders have convenient deposit and withdrawal options at both brokers. IC Markets supports Bank Transfer, Skrill, Neteller, and USDT, with no deposit fees and withdrawals processed within 1-2 business days for bank transfers. Exness offers the same methods but with faster processing—USDT and e-wallet withdrawals are often instant. For Taiwan traders, USDT is particularly appealing due to its speed and low cost, especially for those dealing with cryptocurrency. Exness has a minimum deposit of $10 via USDT, while IC Markets requires $200 for bank transfers. Both brokers do not charge internal fees, but third-party bank fees may apply. Overall, Exness is more flexible for smaller deposits and faster withdrawals, while IC Markets is reliable for larger sums.

Both IC Markets and Exness offer Islamic (swap-free) accounts for Taiwan Muslim traders who wish to trade without earning or paying interest. IC Markets provides Islamic accounts on all account types, including Raw Spread and Standard, with no swap charges on overnight positions for major forex pairs and commodities. Exness also offers swap-free accounts, but they are subject to eligibility verification and may have restrictions on certain instruments. For Taiwan traders, both brokers ensure compliance with Sharia law, but IC Markets is more straightforward with automatic swap-free status upon request. Exness may require additional documentation. If you are a Muslim trader in Taiwan, both brokers are suitable, but IC Markets offers a simpler process.

IC Markets provides 24/7 customer support via live chat, email, and phone, with dedicated support for Asia-Pacific clients including Taiwan. Exness also offers 24/7 multilingual support with a focus on fast response times. Both brokers have extensive FAQ sections and educational resources. For Taiwan traders, Exness has a slight edge with Chinese language support and local payment method expertise, while IC Markets is known for technical support for platform issues. Overall, both are reliable, but Exness may be more accessible for Mandarin-speaking traders.