Choosing a reliable trading application is a crucial step for traders. With today's technological advances, the various features and ease of use of trading in apps are now available to traders, and with Exness and IC Markets being large brokers with a large number of clients, traders are often left with a dilemma as to their choice.

Some of the key considerations in the evaluation include the features offered, ease of use, speed and stability of the application, accuracy of data and analysis, and customer support. However, it's not uncommon that the best option may be different for each individual.

Exness Mobile App: For Retail Traders

Exness is a reputable and strong broker that has been in operation since 2008 and serves clients globally from its headquarters in Cyprus, Seychelles, and the U.K. Exness is also regulated by a number of organisations such as the Capital Markets Authority of Kenya, CySEC, FCA, FSA, FSC, FSCA, and the Financial Services Commission.

As of December 2019, Exness has served over 232,000 active traders globally with a monthly trading volume of over $1 trillion. They have a reputation for transparency and regularly publish financial reports audited by Deloitte. 

IC Markets Mobile App: For Multiple Markets

IC Markets is an online forex brokerage company operating under the umbrella of International Capital Markets Pty Ltd. Traders in the Australian jurisdiction offer the trading services of IC Markets-AU, which is based in Australia and authorised by the Australian Securities and Investments Commission (ASIC).

On the other hand, non-Australian traders who open accounts with the broker are registered under IC Markets SEY, which is based in the Seychelles and regulated by the Seychelles Financial Services Authority (SFSA). This dual operation is the result of ASIC's relatively new rules, which prohibit its regulated brokers from providing trading services outside Australia.

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Which is better?

Exness and IC Markets are both popular Forex and CFD brokers that offer mobile trading apps to their clients. Both apps offer similar features such as real-time quotes, charts, the ability to set stop-loss and take-profit orders, and a number of trading tools. However, there are some key differences that may make one a better choice for some traders.

The Exness application has a user-friendly interface and provides real-time data on various currency pairs. It also has an economic calendar that helps traders stay up-to-date with important economic events. However, the Exness mobile app has a limitation in that there are very few tools available for trading.

Meanwhile, the IC Markets app has a customisable interface and offers a wide range of markets and instruments, including forex, commodities, indices and cryptocurrencies. It also offers traders fast execution speeds and small spreads, allowing them to trade efficiently and effectively.

In addition, it comes with a variety of trading tools such as an economic calendar and a real-time news feed. However, some traders have reported some lag and a possible lack of certain advanced order types.

Conclusion

In conclusion, both the Exness and IC Markets applications have their pros and cons and the choice between the two will depend on your specific trading needs and preferences.

Some traders may prefer the user-friendly interface of the Exness application, while others may prefer the wide range of markets and fast execution of the IC Markets application. Obviously, if your strategy is highly dependent on fast execution during periods of high volatility, you may want to rely on Exness, and it is important to evaluate the features and functionality of each application and try them out for yourself before deciding which one to use.