IC Markets vs Exness

IC Markets and Exness are top forex brokers, each offering unique strengths for traders in Vietnam. IC Markets is known for its fast execution, low-cost ECN accounts, and deep liquidity, making it a favorite among professional traders who prioritize speed and tight spreads. Exness stands out with its high leverage up to 1:2000, flexible account options like Standard and Cent accounts, and instant withdrawals, appealing to both beginners and experienced traders. IC Markets supports cTrader alongside MetaTrader 4/5, offering advanced tools for algorithmic trading, while Exness provides its proprietary Exness Terminal for seamless mobile trading. Both brokers cater to Vietnamese traders with local bank transfers and 24/7 support in Vietnamese. 

Exness ECN vs IC Markets True ECN

Both brokers offer ECN accounts for direct market access, but their features differ slightly. Exness’s ECN account provides tight spreads and high leverage, while IC Markets True ECN is favored for its deep liquidity and low latency.

Exness’s higher deposit requirement may deter beginners, while IC Markets is more accessible. Test both via demo accounts to assess liquidity and execution for your trading style.

Execution Speed Analysis

Execution speed is critical for scalpers and high-frequency traders. Both brokers prioritize low-latency trading, but their server setups impact performance, especially for Vietnamese traders.

Latency from Vietnam Servers

IC Markets uses servers in New York and London, with average latency from Vietnam around 150-200ms, optimized through Equinix data centers. Exness, with servers in Singapore, offers lower latency (80-120ms) for Southeast Asian traders, including Vietnam. Faster execution with Exness can benefit scalpers, but IC Markets’ liquidity may suit larger trades. Use a VPS near the broker’s server to minimize latency further.

Exness Raw Spread vs IC Markets Raw

Exness Raw Spread and IC Markets Raw accounts both offer tight spreads and low commissions. Exness provides spreads from 0.0 pips with high leverage, while IC Markets emphasizes deep liquidity and stable pricing.

IC Markets slightly edges out on tighter spreads, but Exness’s higher leverage (up to 1:2000) appeals to risk-tolerant traders. Choose based on your trading volume and risk strategy.

Exness Commission vs IC Markets Fees

Exness charges $3.5 per lot per side on Raw Spread and ECN accounts, with no fees on its Standard account. IC Markets also charges $3.5 per lot per side on Raw and True ECN accounts. Both brokers keep costs competitive.

Exness’s commission-free Standard account suits low-volume traders, while IC Markets’ consistent pricing benefits larger trades. Compare swap fees for your traded pairs to optimize costs.

Withdrawal Times to Vietnam Banks

Both brokers offer fast withdrawals to Vietnamese banks, typically processed within 1-3 business days. Exness often delivers same-day withdrawals for e-wallets, while IC Markets may take slightly longer for bank transfers.

• Exness: Vietcombank, Techcombank, Neteller, Skrill (1-24 hours for e-wallets, 1-3 days for banks).
• IC Markets: Vietcombank, ACB, Skrill, Neteller (1-2 days for e-wallets, 2-5 days for banks).

Exness has a slight edge for speed, especially with e-wallets. Verify fees and processing times with your bank to avoid delays.

Professional Trading Tools

Both brokers provide advanced tools for professional traders, including MetaTrader platforms and API support. Their offerings cater to algorithmic and high-frequency trading needs.

API Trading Support

Exness supports API trading via MetaTrader 4/5, allowing custom strategies and automated trading, with robust documentation for developers. IC Markets offers similar API access, plus cTrader’s API for advanced algo traders, which is popular for its low latency and customization. Both brokers suit algo traders, but IC Markets’ cTrader edge appeals to professionals. Ensure your coding skills match the platform’s API requirements before committing.

Which Broker for Vietnamese Traders

Exness is ideal for Vietnamese traders seeking high leverage (up to 1:2000) and fast withdrawals, especially for scalping or small accounts. IC Markets suits professionals who value deep liquidity, tight spreads, and cTrader for advanced trading. Beginners may prefer Exness’s low-deposit Standard account, while experienced traders might lean toward IC Markets for its ECN environment. Evaluate your trading goals and test both brokers’ demo accounts to make the best choice.