Score

1.49 /10
Danger

ICTRADE.CO

Suspicious Regulatory License

High potential risk

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Score

Regulatory Index0.00

Business Index6.87

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
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Licenses

No valid regulatory information, please be aware of the risk

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

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Warning: Low score, please stay away! 2
Previous Detection : 2024-10-01
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

ICTRADE.CO · Company summary

General Information

ICTrades is a broker owned and operated by an offshore company – Pro Star Griffith Corporate Limited, based in St. Vincent and the Grenadines. It is licensed and authorized by the Financial Conduct Authority (FCA) in the UK. ICTrades engages in providing clients with various financial products and services.

Market Instruments

ICTrades offers investors a range of financial instruments including 50 forex currency pairs and lots of CFDs on gold, silver, indices, stocks, commodities and crypto coins like Bitcoin, Ethereum, Ethereum Classic, Ripple, Dash and Litecoin.

Accounts & Leverage

There are four kinds of account types for investors to choose from at ICTrades, namely Classic (minimum deposit of $1,000), Gold (minimum deposit of $10,000),Platinum (minimum deposit of $25,000) and VIP (minimum deposit of $100,000). The maximum leverage is up to 1:400.

Spreads & Commission

The benchmark EURUSD spread is fixed at 3 pips. Information about commission is currently unknown.

Trading Platform

ICTrades provides clients with access to the worlds financial markets through the MetaTrader 4 (MT4) platform which is used by millions of traders around the globe.

Customer Support

If clients have any questions or concerns, please call +442039948804 or email support@ictrades.com for consultation.

User Reviews

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User comment

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Comments

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李奎
more than one year
I can confidently say that they are a dishonest and unreliable broker. They have a history of manipulating trades to steal their clients' profits, and I have personally experienced issues with withdrawing my funds from their platform. Additionally, its trading platform is clunky and difficult to use. I strongly advise others to avoid this broker and choose a more reputable broker for their trading needs.
I can confidently say that they are a dishonest and unreliable broker. They have a history of manipulating trades to steal their clients' profits, and I have personally experienced issues with withdrawing my funds from their platform. Additionally, its trading platform is clunky and difficult to use. I strongly advise others to avoid this broker and choose a more reputable broker for their trading needs.
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2023-03-21 18:25
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FX1313101563
more than one year
ICTRADE.CO does not have any regulatory license. In the foreign exchange industry, a company without a regulatory license is not worth our time wasting. The safety of principal is the most important.
ICTRADE.CO does not have any regulatory license. In the foreign exchange industry, a company without a regulatory license is not worth our time wasting. The safety of principal is the most important.
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2023-03-07 15:05
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