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ICM -

Score

4.59 /10
Average

ICM

United Kingdom

5-10 years

Regulated in Seychelles

Retail Forex License

MT4 Full License

Suspicious Overrun

High potential risk

Offshore Regulated

https://www.icm.com

Influence

B

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Comparison

Quantity 15

Exposure

Open Account
Website

Score

Regulatory Index5.23

Business Index7.70

Risk Management Index0.00

Software Index9.87

License Index3.51

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Regulatory disclosure

Danger

ID BAPPEBTI
2022-02-02
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Danger

MY SCM
2020-01-01
INVESTOR ALERT LIST
ICM

Broker Information

More

Company Name

ICM Capital Limited

Company Abbreviation

ICM

Platform registered country and region

United Kingdom

Company website

X

Facebook

Instagram

YouTube

Linkedin

WhatsApp

  • +44 7575 070707

  • +971527075193

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 5
Previous Detection : 2025-06-29
  • The number of the complaints received by WikiFX have reached 14 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Survey

Danger

ICM

United Kingdom

WikiFX Verification

Exposure

15 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Scam ICM

The scam platform even blocked me.

2019-12-19 14:44
Scam

Fraud’s routine

There is no free lunch in the world! Don’t be too greedy! The routine of the scam platform are similar. Be careful!!!

2019-12-09 17:41
Unable to Withdraw

Unavailable withdrawal

The withdrawal applied on 18th is yet to be received. The service is out of contact, as well as the so-called financial consultant. Now the website is disabled.

2020-06-05 15:45
Scam

The candlestick in 111 was inconsistent with that in Huitong Finance

The candlestick was different,thus the imprecise analysis caused losses.I am seriously suspicious of the reliability of the platform!The left one is the candlestick of ICM’s MT4,the right one was the candlestick in Huitong Finance.I send this to warn you!

2019-10-23 07:42
Unable to Withdraw

Unable to withdraw funds

Every withdrawal is rejected! Every withdrawal is rejected!

2024-01-05 17:18
Unable to Withdraw

Unable to withdraw in scam platform

Having appealed for 2 days, I still couldn’t unfreeze my fund. The customer service didn’t reply to me. Stay away from the scam platform.

2020-04-25 12:07
Unable to Withdraw

Unavailable withdrawal

I have submitted the withdrawal request for one month, while ICM kept fending off with the excuse of risk-management by third party, asking for an extra custody fee.

2020-06-13 21:10
Unable to Withdraw

Unable to withdrawal.The account was to be canceled.

I was asked to perfect information again.The customer service told me that my bank card number was wrong, which would affect my credit score, leading to unavailable withdrawal.I need to make up 20 score, with 15000 RMB for per score.I was forced to add 300000 RMB before the end of the month.Otherwise, they threatened that my account would be canceled.

2019-11-29 18:58
Unable to Withdraw

Unable to withdraw

ICM gave no access to withdrawal and asked for 20% margin. After that, it continued to ask for 10%.

2020-05-14 16:23
Unable to Withdraw

I couldn’t withdraw in ICM , which asked me to raise the credit score!!!

While I typed the bank number wrongly, the platform asked me to raise the credit score.Otherwise, it won’t return the fund.Scam platform!

2019-11-29 15:53
Unable to Withdraw

Is ICM legit? Why the withdrawal is unavailable?

In November, I failed to withdraw in ICM . I was told to pay 93230 RMB margin to modify my bank account. Then, with the excuse of raising credit score, they required me to pay another 200000 RMB. It was a simply routine.

2019-12-06 16:20
Unable to Withdraw

I applied for a withdrawal, but it’s been 7 days and there’s still no result.

1. The reason for rejection is too far-fetched. The position closing operation was already done during the review, but the withdrawal was refused because of transactions made on that day! No withdrawal requests may be submitted during New Year's Day, but there are no restrictions on deposits. There is also an unreasonable request: no further withdrawals are allowed for 24 hours! This reason for refusing to withdraw money is too weird!! ! At 20:15 on January 2, 2024, the ICM platform suddenly dropped by 10,000 pips, causing many customers to liquidate their positions. However, when I checked the international Bitcoin market, this wave of market prices did not appear! 2. Shouldn’t the withdrawal exchange rate be the real-time exchange rate? The deposit rate is 7.2, but the platform informed that the withdrawal rate is 6.8.

2024-01-05 05:33
Resolved

Look at the content

I received an email and could not log in the website. It did not reply and my withdrawal was still not done.

2021-11-01 13:34
Unable to Withdraw

Why the withdrawal in ICM is unavailable?

I was asked to pay 9320 yuan to modify the password and 20 margin for the credit score.What’s the relation between them?Is the platform legit?

2019-11-20 10:28
Unable to Withdraw

Scam ICM

Their routine was the so-called wrong bank information, which might be rigged by them. You will be told to pay 100000 RMB to modify. After that, it will low the credit score to deliberately and ask you to pay 200000 RMB, then tax fee... It’s a rip-off.

2019-12-13 17:37
    Sources
    Data Source WikiFX Data provide
    Updated: 2025-06-29
    ICM · Company summary
    ICM Review Summary
    Founded1993
    Registered Country/RegionUnited Kingdom
    RegulationFSA (Offshore Regulated)
    Market InstrumentsForex, US stocks, precious metals, index futures, energy futures, cryptocurrencies CFDs
    Demo Account✅
    Islamic Account✅
    LeverageUp to 1:200
    SpreadFrom 0.0 pips
    Trading PlatformMT4, MT5, cTrader
    Minimum Deposit/
    Customer SupportTel: +971 451 03 030
    +27 64 557 6792
    +44 207 634 9779
    +44 207 634 9770
    Email: support@icmcapital.co.uk
    Address: Level 30, 122 Leadenhall Street, London EC3V 4AB, United Kingdom
    Facebook, X, Instagram, LinkedIn, WhatsApp, YouTube, QQ
    Regional Restrictionsthe USA, North Korea, China
    Bonus $150 (refer a friend)

    ICM Information

    ICM is an offshore regulated broker, offering trading on forex, US stocks, precious metals, index futures, energy futures, cryptocurrencies CFDs with leverage up to 1:200 and spread from 0.0 pips on the MT4, MT5, and cTrader platforms. However, it does not provide services for residents of the USA, North Korea, and China .

    ICM Information

    Pros and Cons

    Pros Cons
    Various trading marketsRegional restrictions
    Islamic accounts offeredOffshore regulation risks
    Demo accounts offered
    MT4, MT5, and cTrader platforms

    Is ICM Legit?

    ICM is licensed by FSA with license number SD201 to offer services. However, it is offshore regulated, which means potential risks may exist.

    Regulated CountryRegulatorCurrent StatusRegulated EntityLicense TypeLicense No.
    SeychellesSeychelles Financial Services Authority (FSA)Offshore RegulatedICM Capital LimitedRetail Forex LicenseSD201
    license

    What Can I Trade on ICM?

    ICM offers trading on forex, US stocks, precious metals, index futures, energy futures, and cryptocurrencies CFDs.

    Tradable Instruments Supported
    Forex✔
    US Stocks✔
    Precious Metals✔
    Index Futures✔
    Energy Futures✔
    Cryptocurrencies CFDs✔
    Indices❌
    Bonds❌
    Options❌
    ETFs❌

    Account Type

    The broker offers Islamic accounts and demo accounts.Besides, below are three live account types ICM offers.

    Account TypeAccepted CurrenciesMinimum Deposit
    ICM DIRECT (ECN)USD, EUR, GBP, SGD/
    ICM ZERO
    CENT USD
    Account Type

    Leverage

    The broker offers maximum leverage at 1:200 for all account types. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.

    ICM Fees

    Spreads & Commissions

    Only FX and Metal have commissions – No commission is charged for all other products.

    Account TypeSpreadCommission
    ICM DIRECT (ECN)/$0
    ICM ZEROFrom 0.0 pips$7/Round lot
    CENT/$0

    Swap Rates

    Different products have different swap rates.

    Note: If you hold a position overnight on a Wednesday, the swap charges that are earned or paid on a daily basis are three times the normal amount. Swap charge on US stocks, Cash CFDs, Bitcoin and Turkish Lira will appear as “Admin Charge”.

    Swap Rates

    Trading Platform

    Trading PlatformSupported Available Devices Suitable for
    MT4✔Desktop, mobile, webBeginners
    MT5✔Desktop, mobile, webExperienced traders
    cTrader✔Desktop, mobile, webExperienced traders
    Trading Platform

    Deposit and Withdrawal

    ICM accepts payments via credit, debit cards and bank transfers. It cannot be held accountable for any bank charges but bares all costs for clients who deposit via credit card.

    Funds will be deposited in your trading account within 1 business day after the funds hit ICM Capitals account. Withdrawal requests are processed on your trading account within 24 working hours from the receipt of the request; however, the receipt of the actual funds may vary depending on the withdrawal method.

    Deposit and Withdrawal
    Deposit and Withdrawal
    Deposit and Withdrawal

    Bonus and Promotions

    There are plenty of promoting activities available on ICM's platform. For now, refer to a friend and you'll get a $150 bonus.

    Promotions

    News

    NewsICM.com Secures UAE License, Boosts Middle East Expansion

    ICM.com gains UAE SCA license in Dubai, enhancing Middle East presence. Explore how this supports their global expansion strategy in the financial hub.

    WikiFX
    2025-04-14 15:30
    ICM.com Secures UAE License, Boosts Middle East Expansion

    ExposureICM.com Seeks to Cancel UK Subsidiary's FCA License

    ICM.com has filed to cancel the FCA license for its UK branch, ICM Capital Limited, amidst financial struggles.

    WikiFX
    2024-05-17 16:39
    ICM.com Seeks to Cancel UK Subsidiary's FCA License

    NewsWIKIFX REPORT: ICM Capital grows client assets 2x to £6.1M in 2020

    ICM Capital Ltd, an FCA-regulated retail forex broker, has released its 2020 financials, which indicate relatively flat activity for the year but steady long-term increase in client deposits.

    WikiFX
    2022-06-21 14:42
    WIKIFX REPORT: ICM Capital grows client assets 2x to £6.1M in 2020

    NewsWIKIFX REPORT: ICM Capital Releases Financial Results In Fy20 With A Net Profit Of £177,000

    ICM Capital Limited, a forex and CFDs broker, has released its financial reports for the fiscal year ending December 31, 2021. After a disappointing profit performance the previous financial year, the FCA-regulated broker reported a net profit of £177,015 this year.

    WikiFX
    2022-06-17 14:50
    WIKIFX REPORT: ICM Capital Releases Financial Results In Fy20 With A Net Profit Of £177,000
    About More

    User Reviews

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    User comment

    10

    Comments

    Write a review

    zhao juan
    more than one year
    It's good to have Login in both Web & mobile, which many brokers don't allow. They use single login/instance only. For improvement on mobile app/ Web, if there is an option to save the previous traded quantity it will be much useful, instead of entering the quantity again. Also the favourites tab is not available in the Web. Please consider this.
    It's good to have Login in both Web & mobile, which many brokers don't allow. They use single login/instance only. For improvement on mobile app/ Web, if there is an option to save the previous traded quantity it will be much useful, instead of entering the quantity again. Also the favourites tab is not available in the Web. Please consider this.
    Translate to English
    2024-04-30 14:02
    Reply
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    0
    FX1637538389
    more than one year
    This trading platform is exceptional. It has been my trusted partner for many years, providing impeccable service and promptly addressing any issues encountered by customers. Highly reliable and deserving of trust.
    This trading platform is exceptional. It has been my trusted partner for many years, providing impeccable service and promptly addressing any issues encountered by customers. Highly reliable and deserving of trust.
    Translate to English
    2024-03-08 12:10
    Reply
    0
    0
    15