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 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 | Cons |
Various trading markets | Regional restrictions |
Islamic accounts offered | Offshore regulation risks |
Demo accounts offered | |
MT4, MT5, and cTrader platforms |
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 |
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 | ❌ |
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 | ||
CENT | USD |
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.
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 | Supported | Available Devices | Suitable for |
MT4 | ✔ | Desktop, mobile, web | Beginners |
MT5 | ✔ | Desktop, mobile, web | Experienced traders |
cTrader | ✔ | Desktop, mobile, web | Experienced traders |
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.
There are plenty of promoting activities available on ICM's platform. For now, refer to a friend and you'll get a $150 bonus.
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