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ICM Spreads, leverage, minimum deposit Revealed

WikiFX | 2025-06-18 12:25

Abstract：　　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 Review Summary
Founded	1993
Registered Country/Region	United Kingdom
Regulation	FSA (Offshore Regulated)
Market Instruments	Forex, US stocks, precious metals, index futures, energy futures, cryptocurrencies CFDs
Demo Account	✅
Islamic Account	✅
Leverage	Up to 1:200
Spread	From 0.0 pips
Trading Platform	MT4, MT5, cTrader
Minimum Deposit	/
Customer Support	Tel: +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 Restrictions	the 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 .

Pros and Cons

Pros	Cons
Various trading markets	Regional restrictions
Islamic accounts offered	Offshore 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 Country	Regulator	Current Status	Regulated Entity	License Type	License No.
Seychelles	Seychelles Financial Services Authority (FSA)	Offshore Regulated	ICM Capital Limited	Retail Forex License	SD201

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 Type	Accepted Currencies	Minimum Deposit
ICM DIRECT (ECN)	USD, EUR, GBP, SGD	/
ICM ZERO	USD, EUR, GBP, SGD
CENT	USD

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 Type	Spread	Commission
ICM DIRECT (ECN)	/	$0
ICM ZERO	From 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”.

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Desktop, mobile, web	Beginners
MT5	✔	Desktop, mobile, web	Experienced traders
cTrader	✔	Desktop, mobile, web	Experienced traders

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.