Account One01
Standard Cent
Advertised Spread
0.8 – 1.3
Commission
$0
Minimum Deposit
$10
Detailed Trading Account Comparison
Trading Account Comparison: Exness Standard Centvs IC Markets Standard
Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.
Account Two02
Standard
Advertised Spread
0.8 - 1.0
Commission
$0
Minimum Deposit
$200
ACCOUNT OVERVIEW
What Makes Exness Standard Cent Different from IC Markets Standard?
Before comparing the numbers, it is important to understand the purpose of each account and the conditions that may make it suitable for different traders.
Exness Standard Cent
The Exness Standard Cent account is designed for traders who want real-market experience with smaller position values and finer control over trade exposure rather than moving directly into conventional account sizes. It retains a simple commission-free structure but differs from Standard in balance denomination, contract sizing and instrument availability, making it particularly relevant for beginners and lower-risk strategy testing.
IC Markets Standard
The IC Markets Standard account is the broker’s straightforward pricing option for traders who prefer trading without a separate per-lot commission. According to Broker Alarab data, spreads range from 0.8–1.0 pips, commission is $0, the minimum deposit is $200 and orders use Market Execution. We categorize it for beginners, while comparing Standard with IC Markets Raw accounts becomes increasingly important as trading activity grows.
SIDE-BY-SIDE COMPARISON
Compare Trading Accounts, Spreads, Commissions and Platforms
Review spreads, commissions, minimum deposits, trading platforms, execution methods and broker-level regulatory information.
Exness
Standard Cent
IC Markets
Standard
01 — Basic Account Information
Compare the broker, account name, account classification and regulatory information.
Broker
Exness
Exness
IC Markets
IC Markets
Account Name
Exness
Standard Cent
IC Markets
Standard
Account Type
Exness
cent
IC Markets
standard
Broker Regulatory Licenses
Broker-level regulatory information. Verify which legal entity serves your country.
Exness
FCA | CySEC | FSCA | JSC
IC Markets
ASIC | CySEC | FSA | SCB
02 — Spreads and Trading Costs
Compare the recorded trading costs without assuming undocumented pricing.
Advertised Spread Range
Exness
0.8 – 1.3
IC Markets
0.8 - 1.0
Minimum Recorded Spread
Based on the available account information.
Exness
0.3
IC Markets
0.8
Average Recorded Spread
Exness
1
IC Markets
0.9
Advertised Commission
Exness
$0
IC Markets
$0
03 — Deposits and Execution
Review account funding requirements and order execution characteristics.
Minimum Deposit
Exness
$10
IC Markets
$200
Order Execution Method
Exness
Market Execution
IC Markets
Market Execution
Trading Platforms
Available platforms may differ by account type.
Exness
MT4 | MT5
IC Markets
MT4 | MT5 | cTrader | TradingView
04 — Account Features and Conditions
Review relevant account characteristics and trading suitability.
Scalping Suitability
An internal classification, not a guarantee of suitability.
Exness
Not classified in this category
IC Markets
Not classified in this category
05 — Broker Information and Regulation
Broker-level information does not guarantee that every license applies to the selected account.
Listed Regulatory Licenses
Exness
FCA | CySEC | FSCA | JSC
IC Markets
ASIC | CySEC | FSA | SCB
Broker Maximum Leverage
Actual leverage may depend on the account, jurisdiction and legal entity.
Exness
1:2000
IC Markets
1:500
Open a Trading Account
Exness
Open Account ↗IC Markets
Open Account ↗Information is based on records available to Broker Alarab. Trading conditions may vary by account, country and legal entity.
| Comparison Criteria | Exness Standard Cent | IC Markets Standard |
|---|---|---|
01 — Basic Account Information Compare the broker, account name, account classification and regulatory information. | ||
| Broker | Exness | IC Markets |
| Account Name | Standard Cent | Standard |
| Account Type | cent | standard |
| Broker Regulatory Licenses Broker-level regulatory information. Verify which legal entity serves your country. | FCA | CySEC | FSCA | JSC | ASIC | CySEC | FSA | SCB |
02 — Spreads and Trading Costs Compare the recorded trading costs without assuming undocumented pricing. | ||
| Advertised Spread Range | 0.8 – 1.3 | 0.8 - 1.0 |
| Minimum Recorded Spread Based on the available account information. | 0.3 | 0.8 |
| Average Recorded Spread | 1 | 0.9 |
| Advertised Commission | $0 | $0 |
03 — Deposits and Execution Review account funding requirements and order execution characteristics. | ||
| Minimum Deposit | $10 | $200 |
| Order Execution Method | Market Execution | Market Execution |
| Trading Platforms Available platforms may differ by account type. | MT4 | MT5 | MT4 | MT5 | cTrader | TradingView |
04 — Account Features and Conditions Review relevant account characteristics and trading suitability. | ||
| Scalping Suitability An internal classification, not a guarantee of suitability. | Not classified in this category | Not classified in this category |
05 — Broker Information and Regulation Broker-level information does not guarantee that every license applies to the selected account. | ||
| Listed Regulatory Licenses | FCA | CySEC | FSCA | JSC | ASIC | CySEC | FSA | SCB |
| Broker Maximum Leverage Actual leverage may depend on the account, jurisdiction and legal entity. | 1:2000 | 1:500 |
| Open a Trading Account | Open Account ↗ | Open Account ↗ |
Information is presented as recorded by Broker Alarab. Spread and commission figures should not be treated as directly comparable without verifying the instrument, pricing units and fee structure.
EXPERT ANALYSIS
Broker Alarab's Assessment of Both Accounts
We review each account independently, highlighting strengths, limitations and the types of traders it may suit, without declaring an unsupported winner.
Exness
Standard Cent
IC Markets
Standard
Broker Alarab's Assessment
Standard Cent can be useful for practical learning and testing strategies with smaller trading sizes. We see it as particularly suitable for new traders or those moving gradually from demo to live trading, although it may not be the preferred option for traders using larger position sizes.
Broker Alarab's Assessment
We see IC Markets Standard as better suited to traders who value simple commission-free pricing, particularly beginners who do not want to calculate spread and commission together. However, IC Markets offers several Raw alternatives, making comparison essential. Its 0.8–1.0 pip range can matter more as volume and trading frequency increase, so zero commission alone should not determine the choice.
Account Advantages
- ✓Supports smaller trading sizes
- ✓Useful for testing strategies in a live account
- ✓Allows more gradual capital management
- ✓Suitable for beginners in the early stages
- ✓No direct trading commission
Account Advantages
- ✓No separate trading commission according to Broker Alarab data
- ✓Spreads range from 0.8–1.0 pips in our data
- ✓Straightforward cost structure that is easier for beginners to understand
- ✓Minimum deposit is $200 according to our data
- ✓Provides a clear alternative for traders who do not want tight-spread pricing with a separate commission
Disadvantages and Considerations
- !Not primarily designed for large trading volumes
- !Available instruments may be more limited than on some other accounts
- !Does not use the same pricing model aimed at professional traders
- !Traders may eventually need to move to another account type
Disadvantages and Considerations
- !Spread range is wider than the Raw accounts listed in our data
- !Commission-free does not mean the transaction has no cost
- !Spread cost can become more important for scalping and frequent trading
- !Active traders should compare Standard with Raw Spread and the professional Raw tiers before choosing
Who Is This Account Suitable For?
- •Beginners who want to start with smaller position sizes
- •Traders testing strategies with real funds
- •Those transitioning from a demo account
- •Traders focused on gradual risk management
Who Is This Account Suitable For?
- •Beginners looking for an IC Markets account with easy-to-understand pricing
- •Traders who prefer not to pay a separate commission per lot
- •Lower-frequency traders who are not focused exclusively on obtaining the tightest possible spread
- •Users who prefer a primarily spread-based cost model instead of combining spread and commission
Detailed Account Analysis
Why Do Traders Use a Standard Cent Account?
The main advantage of Standard Cent is the ability to trade with smaller position sizes than conventional accounts, helping traders experience live market conditions while maintaining greater control over exposure. Beginners may use it after practicing on a demo account, and it can also help when testing a new strategy before increasing trade sizes. Its primary purpose is flexible capital management rather than professional-level pricing.
Standard Cent vs Standard
Standard Cent suits traders who prioritize smaller positions and a gradual approach, while Standard is generally more suitable once a trader is ready for conventional trading volumes. Both provide a straightforward cost structure without a direct trading commission, but they serve different purposes. Cent may be preferable while testing a trading approach or limiting exposure, whereas Standard is designed for a more conventional stage of live trading.
Is Standard Cent Good for Testing Strategies?
Standard Cent can be practical for strategy testing because it allows traders to use real funds with relatively small position sizes. This creates a different experience from demo trading by introducing actual market conditions and the psychological discipline associated with real money. However, a strategy should still be evaluated over a meaningful period, and results at small trade sizes should not automatically be assumed to remain identical at larger volumes.
Detailed Account Analysis
IC Markets Standard vs Raw Spread: Which Account Is Better?
This is one of the most important comparisons when choosing an IC Markets account. According to Broker Alarab data, Standard uses a 0.8–1.0 pip spread range with no separate commission, while Raw Spread uses 0.0–0.3 pips with a $7-per-lot commission. Both have a $200 minimum deposit in our data, so the entry requirement does not decide the comparison. Standard provides simpler pricing, while Raw Spread reduces the spread in exchange for commission. The better option depends on lot size, trading frequency and the total cost produced by each structure.
Is the IC Markets Standard Account Good for Beginners?
Broker Alarab categorizes Standard for beginners, and one reason this type of account can suit newer traders is the clarity of its cost structure. There is no separate per-lot commission, allowing traders to focus primarily on the spread when understanding entry and exit costs. This does not reduce trading risk or guarantee that Standard is always the cheapest account. Its main advantage for beginners is pricing simplicity, while Raw accounts can be compared later as trading size and frequency increase.
When Does a Raw Account Make More Sense Than Standard?
As traders become more spread-sensitive or increase their transaction frequency and trading volume, comparing Standard with the Raw accounts becomes more important. Standard is listed at 0.8–1.0 pips in our data, while several Raw options use tighter ranges with separate commissions. Traders should translate both the spread difference and commission into an effective cost at their expected lot size. This produces a more useful decision than relying only on labels such as commission-free or tight spread.
Important details about the Exness Standard Cent account
A cent lot is not a standard lot
The defining feature of Standard Cent is its use of cent lots. One cent lot represents USD 1,000 in nominal value, equal to 0.01 of a standard lot, allowing traders to work with smaller position sizes and more granular risk control.
Account balance is displayed in cents
Standard Cent displays the balance in cent currency rather than whole currency units; for example, a USD 5 deposit appears as 500 USC. Traders should therefore account for the balance unit and cent-lot structure when calculating position size and risk.
The instrument range differs from Standard
Standard Cent is not simply a smaller version of Standard. Its symbols use the -c suffix and focus on forex pairs, gold and silver, while BTCUSDc and ETHUSDc are available on MT5 subject to Exness conditions.
Important details about the IC Markets Standard account
Commission-free does not mean free trading
Standard has a $0 commission in our data, but its 0.8–1.0 pip spread range remains an important component of transaction cost and should be included in comparisons.
The minimum deposit in our data is $200
Broker Alarab lists a $200 minimum deposit for Standard. This is an account requirement rather than a recommendation for suitable trading capital or risk.
Compare Standard and Raw using total trading cost
The presence of commission on a Raw account or its absence on Standard does not determine the cheaper option by itself. Spread differences and commission should be compared using expected volume and transaction frequency.
DECISION GUIDE
How to Choose the Right Trading Account
Numbers alone are not enough. Account suitability depends on your trading strategy, capital, financial instruments and the conditions applicable to you.
01
Compare Spreads and Commissions Together
The recorded spread for Exness Standard Cent is 0.8 – 1.3, while IC Markets Standard shows 0.8 - 1.0. Evaluating overall trading costs also requires checking commission rates, pricing units, instruments and position sizes.
02
Review Minimum Deposit Requirements
The recorded minimum deposit for Exness Standard Cent is $10, compared with $200 for IC Markets Standard. A lower deposit requirement may provide more flexibility, but it does not automatically make an account better.
03
Compare Trading Platforms and Execution
Check which trading platforms each broker actually offers for the selected account, including MetaTrader 4 or MetaTrader 5 where supported. Also review execution policies and potential slippage. Availability and conditions may vary by account and country.
04
Verify Regulation and Eligibility
Confirm the legal entity that will serve your account, the regulatory framework applicable to that entity, and whether the selected account is available in your country.
FREQUENTLY ASKED QUESTIONS
FAQs About Exness Standard Cent vs IC Markets Standard
Answers to common questions about account comparisons, trading costs and account conditions.
What is the difference between Exness Standard Cent and IC Markets Standard?+
The recorded spread for Exness Standard Cent is 0.8 – 1.3, compared with 0.8 - 1.0 for IC Markets Standard. The advertised commissions are $0 and $0, respectively. You should also consider execution conditions, deposit requirements and account availability.
Is the account with the lowest spread always better?+
Not necessarily. Trading costs should be evaluated using both spreads and commissions, while considering the financial instrument, position size and execution conditions.
Can I compare two accounts from the same broker?+
Yes. Broker Alarab allows traders to compare accounts from the same broker or from different brokers.
How can I verify the trading conditions?+
Review the broker's official account specifications, applicable legal entity and trading conditions. Spreads, commissions and leverage may vary by instrument, account and jurisdiction.
What is the Exness Standard Cent account and is it suitable for beginners?+
Exness Standard Cent is a live trading account that uses cent-based balances and allows traders to work with smaller position values than conventional accounts. This can make it suitable for beginners moving gradually from demo to live trading and for testing strategies with limited exposure before committing larger amounts of capital.
How much is 1 Cent Lot in the Exness Standard Cent account?+
In the Exness Standard Cent account, 1 Cent Lot represents a nominal value of $1,000, equivalent to 0.01 standard lot. This distinction is important because a Cent Lot is not the same as a Standard Lot, so traders should understand the contract size when calculating position size and managing risk.
What is the difference between Exness Standard Cent and Standard?+
Standard Cent focuses on smaller trade sizes and displays the account balance in cents, while Standard operates more like a conventional trading account. Instrument availability can also differ between the two. Cent is therefore more relevant for smaller-scale live trading, while Standard is designed as a broader general-purpose account.
Does Exness Standard Cent charge a commission and what are its trading costs?+
The Exness Standard Cent account does not charge a separate trading commission, so its primary trading cost comes from the spread. Actual costs can vary by instrument, market conditions and position size, which means traders should evaluate the effective spread and total transaction cost rather than focusing only on the absence of commission.
What is the IC Markets Standard account?+
The IC Markets Standard account has no separate trading commission and is categorized by Broker Alarab for beginners. According to our data, spreads range from 0.8–1.0 pips, commission is $0, the minimum deposit is $200 and orders use Market Execution. It differs from the Raw accounts by placing trading cost primarily within the spread instead of combining tighter spreads with a separate commission.
What is the IC Markets Standard spread and commission?+
According to Broker Alarab data, IC Markets Standard spreads range from 0.8–1.0 pips and there is no separate trading commission. The spread therefore represents the primary transaction cost. Zero commission does not mean cost-free trading, which is why Standard and Raw Spread should be compared using total trading cost rather than commission alone.
Explore Both Trading Accounts in Detail
Review the full account information, compare trading conditions and verify the broker's requirements before opening an account.