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ICE FX -

Score

1.56 /10
Danger

ICE FX

United Kingdom

5-10 years

Regulated in United Kingdom

Investment Advisory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

https://ice-fx.com

Influence

D

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Comparison

Quantity 2

Exposure

Open Account
Website

Score

Regulatory Index2.78

Business Index7.42

Risk Management Index0.00

Software Index4.00

License Index0.00

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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Broker Information

More

Company Name

ICE Markets Limited

Company Abbreviation

ICE FX

Platform registered country and region

United Kingdom

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away! 4
Previous Detection : 2025-06-07
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!
  • This broker exceeds the business scope regulated by United Kingdom FCA(license number: 211326)Investment Advisory Licence Non-Forex License. Please be aware of the risk!

WikiFX Survey

Danger

ICE FX

United Kingdom

WikiFX Verification

Exposure

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

Unable to withdraw

The logo of this broker is the first picture. Installation package: http://ice-global.top/ICE-Global.apk. At first, I could withdraw a small amount of money but then I should pay 10% tax to withdraw.

FX3369428065
2021-04-08 23:59
Unable to Withdraw

ICE FX doesn’t allow the withdrawal but continues asking for a certification fee

At first, you can withdraw small amount of money. But the customer service told me that I had to pay taxes cuz my profit exceeded NT$ 400,000. 5% tax was required. After that, the customer service said I had to pay 10% of my asset for money laundering. All right. And after all these, I was asked to pay 30% of my asset cuz my verification had failed. I asked the financial administrator in Singapore and they said this broker hasn’t been regulated by them.

FX4077824129
2021-05-12 17:52
Data Source WikiFX Data provide
Updated: 2025-06-07
ICE FX · Company summary
ICE FXReview Summary
Founded2017-10-28
Registered Country/RegionUnited Kingdom
RegulationExceeded/Suspicious Clone
Market Instruments44 Forex, 2 CFD commodities, 45 Cryptocurrencies, and 3 Spot metals
Demo Account✅
LeverageUp to 1:300
SpreadFrom 0.0 pips
Trading PlatformMT4 (Windows、macOS, and iOS/Android)
Min Deposit$30
Customer Support+44 20 8089 7867
support@ice-markets.com
Live Chat

ICE FX Information

ICE Markets (full name ICE FX) is an online trading and investment services platform headquartered in the UK, offering a variety of trading instruments such as foreign exchange, precious metals, cryptocurrencies, and CFD commodities, and supporting the MetaTrader 4 (MT4) platform. The platform provides multiple account types suitable for traders and investors at different levels, and launches various promotional activities to attract new clients. ICE Markets are suitable for ordinary traders pursuing transparent trading and diversified instruments, as well as professional investors seeking managed account services.

ICE FX

Pros and Cons

Pros Cons
Various trading instrumentsExceeded/Suspicious Clone
STP-Demo simulated account availableLower cryptocurrency leverage (1:10 for STP accounts)
Leverage up to 1:300Leverage restrictions for high-net-worth clients
Up to 6% deposit bonusComplex fee structure (0.0025%-0.05%)
Managed Accounts available

Is ICE FX Legit?

ICE Markets are unregulated. It can be found that the timeliness of the FCA's regulation of ICE Markets has exceeded, and the regulatory status of the LFSA for ICE Markets is suspected clone. Note that cryptocurrency trading may have legal restrictions in some countries/regions.

FCA
unregulated
unregulated

What Can I Trade on ICE FX?

ICE Markets offers 5 major categories of trading instruments, including 44 forex (FX) pairs, 3 spot metals, 45 cryptocurrencies, CFD commodities, and CFDs.

Specific products include 36 major currency pairs (such as EUR/USD, GBP/JPY) and 8 exotic currency pairs (such as USD/TRY, EUR/ZAR). The precious metals category covers gold (XAU/USD), silver (XAG/USD), and gold against the euro (XAU/EUR). The cryptocurrency offering includes mainstream coins (such as BTCUSD, ETHUSD) and niche tokens (such as DOTUSD, SOLUSD).

  1. Additionally, there are 2 energy futures (WTI crude oil, BRN Brent crude oil). Some instruments are traded as CFDs, allowing leveraged trading and short-selling.
Tradable Instruments Supported
Forex✔
CFD commodities✔
Cryptocurrencies✔
Spot metals✔
Shares❌
ETFs❌
Bonds❌
Mutual Funds❌
instruments

Account Type

Account TypeSTP-Demo Simulated AccountSTP Real AccountSTP-MA Managed Account
Minimum Deposit$0 (simulated funds)$30$300
Leverage RangeFixed 1:1001:1-1:300 (floating)1:1-1:100 (floating)
Commission Rate0.0025%-0.25% (one-way)0.0025%-0.05% (one-way)0.004%-0.05% (one-way)
Primary PurposeSimulated trading, platform familiarizationIndividual autonomous tradingProfessional managers managing investor funds
Special FeaturesInstant order executionAccess to Soft-FX liquidity aggregatorSupport for PAMM/LAMM/MAM technologies

ICE FX Fees

Cost TypeAccount Type/Trading InstrumentRate Description
CommissionSTP Real Account - Major FX Pairs0.0025% (one-way)
STP Real Account - Cryptocurrencies0.05% (one-way)
STP-MA Account - Major FX Pairs0.004% (one-way)
STP-MA Account - Precious Metals0.05% (one-way)
SpreadFX Currency PairsStarting from 0.0 pips
CryptocurrenciesPotentially higher spreads
Swap FeeAll overnight positionsA tripled rate is applied when rolling over positions from Wednesday to Thursday

Leverage

Trading InstrumentsAccount Type/ConditionsLeverage Ratio
Foreign Exchange (FX)STP Real Account (Deposit < $3,000)Major currency pairs: 1:300; Exotic currency pairs: 1:200
High-Net-Worth Clients (Deposit > $500,000)Uniform leverage: 1:50
CryptocurrenciesSTP Account1:5 - 1:10
STP-MA Account1:10
Precious Metals/CFDsSpot MetalsUp to 1:150

News

NewsPayRetailers Returns to the Gaming Space at ICE London

The global payment processor for Latin America greets the second quarter of 2022 by attending the largest gathering of gaming operators in Europe – ICE London, UK.

WikiFX
2022-03-23 09:55
PayRetailers Returns to the Gaming Space at ICE London
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User Reviews

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User comment

3

Comments

Write a review

lomox
more than one year
Had a little problem with a deposit. I contacted the live chat and someone directly answered and helped me. So I'm very satisfied with the support.
Had a little problem with a deposit. I contacted the live chat and someone directly answered and helped me. So I'm very satisfied with the support.
Translate to English
2023-05-26 21:52
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0
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悟道33600
more than one year
Go somewhere else if you want to invest. You'll also notice that no one from ICE FX is replying to all these bad reviews. Wanna know why? Because they are a scam and don't exist.
Go somewhere else if you want to invest. You'll also notice that no one from ICE FX is replying to all these bad reviews. Wanna know why? Because they are a scam and don't exist.
Translate to English
2023-02-23 11:42
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0
0
2