IC Markets vs Exness 2026: Which Broker is Best for Thailand Traders?

For Thailand traders, trading costs are a major consideration. IC Markets offers raw spreads from 0.0 pips on its Raw Spread account with a commission of $7 per lot round turn, making it ideal for high-volume scalpers. Exness’s standard account has spreads from 0.3 pips with no commission, but its Zero account offers spreads from 0.0 pips with a lower commission than IC Markets. Over 100 lots per month, IC Markets can save you $50–100 compared to Exness standard accounts. However, Exness’s lower minimum deposit ($10 vs $200) makes it more accessible for Thai beginners.

Both brokers offer MetaTrader 4, MetaTrader 5, and cTrader, which are popular among Thai traders. IC Markets’ cTrader platform is particularly favored for its advanced charting and fast execution, while Exness provides a user-friendly web terminal and mobile app. For Thai traders who trade on the go, Exness’s app supports local language and Thai baht conversion, giving it a slight edge in accessibility. Both platforms are stable and offer VPS hosting for algorithmic traders in Thailand.

IC Markets offers true ECN execution with no requotes and average execution speed under 40ms, making it ideal for scalpers in Thailand using USDT deposits. Exness also provides fast execution (under 100ms) but may have requotes during high volatility. For Thai traders using automated strategies, IC Markets’ execution quality is superior, while Exness is sufficient for most manual traders.

IC Markets is regulated by ASIC (Australia), CySEC (Cyprus), and FCA (UK), while Exness holds licenses from FCA, CySEC, and FSA (Seychelles). Neither broker is directly regulated by the local financial regulator in Thailand, but both comply with international standards. For Thai traders, this means your funds are protected by negative balance protection and segregated accounts. Exness also offers an investor compensation fund for EU clients, though this may not apply to Thai residents. Always verify the entity you open an account with.

Thailand traders have multiple deposit and withdrawal options at both brokers. IC Markets supports Bank Transfer (international), Skrill, Neteller, and USDT, with a minimum deposit of $200. Exness offers the same methods plus local Thai bank transfers via its local payment partners, with a minimum deposit of just $10. USDT deposits are processed instantly on both platforms, ideal for crypto-savvy Thai traders. Withdrawals are free on both brokers, but Exness processes them faster (within 24 hours) compared to IC Markets (1-3 business days). For Thai traders who value speed and low fees, Exness has a clear advantage in this area.

Both IC Markets and Exness offer Islamic (swap-free) accounts for Muslim traders in Thailand. IC Markets provides swap-free accounts on all account types with no time limit, making it a long-term solution for halal trading. Exness also offers Islamic accounts, but some instruments may have a swap-free period (e.g., 30 days) after which a fee applies. Thai Muslim traders should check the latest terms, especially for commodities and indices. IC Markets is generally more accommodating for long-term Islamic traders.

IC Markets offers 24/7 live chat and email support in English, with some Thai-language support available during business hours. Exness provides 24/7 support in multiple languages including Thai, with a dedicated local phone number for Thailand. For Thai traders who prefer speaking in their native language, Exness has a slight edge in customer support accessibility.