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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
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
LeverageBrokerCommissionCurrency PairDealerFutureForex tradingForex BrokerForex Currency pairleverage in forexforex pipsforex marketCryptocurrencyCFDscommoditiesStock MT4MT5cTrader

Related broker

Offshore Regulated
ICM
Company name:ICM Capital Limited
Score
2.46
Website:https://www.icm.com/
5-10 years | Regulated in Seychelles | Regulated in South Africa | Retail Forex License
Score
2.46

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