ICM Capital Review 2024

What is ICM Capital?

ICM Capital is a UK headquartered, FCA regulated online Forex, commodity, and CFD trading firm. It offers 24-hour access to a diverse range of trading products. ICM Capital provides a platform for trading a variety of products in a single trading account. These include FX pairs (like EURUSD), metals (such as gold), energies (including oil), stocks, and cryptocurrencies. Since 2009, ICM has been providing online financial services, covering more than a hundred countries. It has over 300,000 clients. ICM Capital is a multi-award-winning company. It has won over 40 international awards. for its industry achievements. Its willingness to innovate and raise standards has led it to win some of the most coveted awards in the finance sector. The company also offers top-notch customer support. Its professional, multilingual customer support team provides 24/5 market and technical support. ICM Capital is a multinational, multi-regulated broker. It is regulated by several entities, including FCA, ADGM, FSA, FSCA, ARIF, FSC, LabuanFSA, QFC, CABs, and more. ICM Capital also contributes to social causes. It has collaborated with the UK-based non-profit organisation Sands End Associated Projects in Action (SEAPIA) as part of its corporate social responsibility (CSR) outreach program. In terms of expansion, ICM Capital has recently entered Qatar to strengthen its presence in the Middle Eastern and North African (MENA) region. It has received authorization from the Qatar Financial Centre (QFC) to expand into the new country. Please note that trading with ICM Capital involves a high risk of losing money, as CFDs are complex instruments.

What is the Review Rating of ICM Capital?

What are the Pros of ICM Capital?

ICM Capital, a leading firm in the Forex industry, offers a multitude of advantages for professional traders. Here are some of the key benefits:. Wide Range of Assets: ICM Capital provides a large selection of assets that are available for trading 24/7. This includes hundreds of US stocks, as well as 50+ forex pairs, futures, metals, and cash CFDs. Regulated and Secure: ICM Capital is regulated by the FCA and offers exceptional levels of customer protection. The funds of the clients are segregated, ensuring additional security. Competitive Pricing and Execution: Pro traders can choose between MetaTrader 4 and ICM’s proprietary platform to access commission-free and tight-spread account options. Educational Tools: ICM Capital provides good educational tools. and video guides to help traders carry out fundamental and technical analysis. High Leverage: ICM Capital offers high leverage up to 1:200. , which can increase the potential for profits. Reputation: ICM Capital has a good reputation in the industry and has won several awards, including “Global Forex Broker of the Year 2020” and "Most Trusted Forex Broker Middle East 2020". However, it’s important to note that ICM Capital is only available to traders who qualify for a professional account. Please remember that trading in forex and other leveraged products involves significant risk of loss and is not suitable for all investors.

What are the Cons of ICM Capital?

ICM Capital, a UK-based broker established in 2009, offers professional traders multi-asset trading. However, like any financial institution, it has its drawbacks. Here are some of the cons associated with ICM Capital:. Limited Scalping: ICM Capital does not allow scalping. Scalping is a trading strategy that involves buying and selling a security within seconds or minutes. The goal is to make a small profit on each trade by exploiting the bid-ask spread. This limitation can be a significant drawback for traders who rely on this strategy. Limited Range of Instruments: The range of financial instruments offered by ICM Capital is limited. This could restrict the diversification options for traders, which is a key risk management strategy in trading. Not ASIC Regulated: ICM Capital is not regulated by the Australian Securities and Investments Commission (ASIC). ASIC is one of the top-tier regulatory bodies in the world, and its absence might concern some traders. High Minimum Deposit: A minimum deposit of $200 is required to create a live account. This might be a barrier for novice traders or those with a limited budget. Professional Account Requirement: ICM Capital services are only available to traders who qualify for a professional account. This could exclude amateur or less experienced traders from accessing their services. Outdated Trading Platform: Some users have expressed frustration with the lack of an alternative third-party or proprietary platform. Given that MT4, their current platform, is nearly 20 years old, some traders might prefer newer and sleeker alternatives. Wide Spreads on Commission-Free Account: The spreads on the commission-free account can be wide. , which could eat into the potential profits of traders. These points should be carefully considered by anyone thinking about trading with ICM Capital. It’s always important to thoroughly research any broker before deciding to invest. Remember, trading involves risk and it’s possible to lose your capital. Always trade responsibly.

What are the ICM Capital Current Promos?

ICM Capital is currently offering several promotions that are beneficial for forex traders. Here are the details:. Continuous 10% “Credit to Cash” Bonus. : This promotion is available to clients who open a live account with ICM Capital Limited (MU) and ICM Capital Limited (VC), and is not available to clients of ICM Capital Limited UK or ICM Europe. The promotion is currently available on the MT4 platform only. A 10% credit bonus will be issued on each new deposit above 1,000 USD. The 10% credit bonus will be deposited into the client’s live account within 2 working days after the actual deposit of the client. The 10% credit bonus is for trading purposes only until a set amount of lots has been traded; after which, the credit bonus can be turned into cash. 500 x Leverage Available on Currency Trading. : This is a limited time offer. This promotion is only available to clients who open a live account with ICM Capital Limited (MU) or ICM Capital Limited (VC). Please note that all promotions are subject to terms and conditions, and it’s important to read and understand these before participating.

What are the ICM Capital Highlights?

ICM Capital is an online forex and CFD broker based in the UK that offers professional traders a variety of trading products in a single account. Here are some of the highlights of ICM Capital:. Regulation: ICM Capital is regulated by the Financial Conduct Authority (FCA) in the UK and the Financial Services Authority St. Vincent and the Grenadines (SVGFSA). This means that clients’ funds are safe and secure, and they can benefit from protection via the FSCS and Lloyd’s insurance. Trading fees: ICM Capital does not charge any trading fees or commissions, except for spreads. Spreads are the difference between the bid and ask prices of a currency pair, and they vary depending on the account type and market conditions. ICM Capital offers tight spreads with deep liquidity from tier 1 banks, which can help traders reduce their trading costs. Instruments: ICM Capital offers over 50 forex pairs, as well as CFDs on commodities, indices, stocks, crypto, and futures. Traders can access hundreds of US stocks, including large companies like Apple, Google, and Pfizer. Traders cannot directly buy and own shares with ICM Capital. Platform: ICM Capital provides two trading platforms: MetaTrader 4 (MT4) and its proprietary platform. MT4 is a popular platform among forex traders, as it supports expert advisors (EAs), signals service, social trading, auto trading, and more. The proprietary platform is a web-based platform that allows traders to trade from any device with an internet connection. Customer service: ICM Capital has an excellent customer service department that has won several awards for excellence in customer service. Customers can contact the support team via phone, email, live chat, or social media. The support team is available 24/7 to assist customers with any issues or queries. Awards: ICM Capital has received many awards for its performance and reputation in the forex industry. Some of these awards include: Global Forex Broker of the Year 2020 - The Forex Expo Dubai Most Trusted Forex Broker Middle East 2020 - Global Forex Awards Retail Retail Most Trusted Forex Broker 2019 - Go From Egypt Best Forex Broker 2019 - The Forex Expo Dubai Best Mobile Trading Platform 2017 - Jordan Forex Expo Best Institutional Forex Broker 2016 - MENA Forex Expo Best Customer Service Provider 2012 - Arab FX Championship Best Forex Broker 2011 - Middle East Forex and Investment Summit . I hope this answer gives you a clear overview of what ICM Capital is all about. If you want to learn more about ICM Capital or open an account with them, you can visit their website. or read some expert reviews . Happy trading!.

Is ICM Capital Legit and Trustworthy?

ICM Capital is a forex trading platform that has been active in the financial markets since 2009. It is regulated by the Financial Conduct Authority (FCA). , which is a strong regulatory body, ensuring that the platform adheres to strict financial standards and practices. The platform offers various features beneficial to traders. It requires a minimum deposit of 200 and is used by over 10,000 traders. The headquarters of ICM Capital is located in Luxembourg. However, it’s important to note that the platform is not available in certain countries. Therefore, potential users should check the availability in their respective countries before proceeding. Customer reviews about ICM Capital are mixed. Some users have praised the platform for its excellent customer service, transparency, and competitive spreads. On the other hand, some users have reported issues with withdrawals and high fees. In conclusion, while ICM Capital is regulated and has a number of users, potential traders should carefully consider the mixed reviews and do thorough research before deciding to use the platform. It’s always recommended to start with a small investment and understand the platform’s fee structure and withdrawal process before investing a large amount of money. Please note that trading in forex involves risk, and it’s important to only invest money that you can afford to lose. Always seek advice from a financial advisor before making investment decisions.

Is ICM Capital Regulated and who are the Regulators?

ICM Capital is indeed regulated and operates under the oversight of several regulatory bodies. ICM Capital UK is regulated and authorised by the Financial Conduct Authority (FCA). The FCA is a financial regulatory body in the United Kingdom, funded by the industry it regulates, and is accountable to the Department of the Treasury and ultimately to the government of the United Kingdom. The FCA is responsible for making the rules and regulations which govern the Financial Services Industry in the UK. In addition to the FCA, ICM Capital Limited (Abu Dhabi, UAE) is regulated and authorised by the Abu Dhabi Global Markets (ADGM) Financial Services Regulatory Authority (FSRA). Furthermore, ICM Capital MU is regulated by the FSC Mauritius and ICM Capital VC is regulated by the FSA. These regulatory bodies ensure that ICM Capital adheres to strict standards of conduct and prudential obligations, providing a secure path for investors. They also ensure that ICM Capital continuously demonstrates compliance with statutory objectives and rules and regulations with regards to good business practice. In the context of forex trading, these regulations provide assurance to traders that their investments are being managed within a framework that is overseen by recognized authorities. This helps to maintain trust and confidence in the forex market, which is crucial for its smooth operation. Please note that the leverage for your account with ICM Capital can vary depending on the price volatility of the underlying asset.

Did ICM Capital win any Awards?

ICM Capital, a leading provider of forex & CFD trading in the UK, has been recognized with numerous awards for its excellence in the financial sector. Here are some of the notable awards they have received:. 2023 Awards:. Most Trusted Brand for Forex Broker in the Middle East. Highest-Rated Multi-Asset Broker Middle East. Leading Multi-Regulated Broker Middle East. Best Mobile Trading Platform MENA. Excellent Trade Executions Middle East. Best Forex Rewards Program Middle East. Outstanding Trading Service Provider Middle East. Best Multi Regulated Broker UK. Best Mobile Trading Platform SEA. Best Forex Broker Asia. Best Forex Customer Service Broker UK. Most Innovative Stock Broker MENA. Top Retail and Institutional Broker MENA. 2022 Awards:. Fastest Growing Global Multi-Asset Broker. The Best Trading Service in Vietnam. 2021 Awards:. Most Trusted Forex Broker. 2020 Awards:. Most Trusted Forex Broker Middle East. Retail Global Forex Broker of the Year. These awards reflect ICM Capital’s commitment to providing excellent service and innovative solutions in the forex trading industry. They have been recognized for their trustworthiness, multi-asset offerings, regulatory compliance, mobile trading platform, trade executions, rewards program, customer service, and more. This recognition underscores their position as a leader in the financial services sector and their dedication to meeting the needs of their clients.

How do I get in Contact with ICM Capital?

If you want to get in contact with ICM Capital, a UK headquartered FCA regulated online Forex, commodity and CFD trading firm, you have several options to choose from. Here are some of the ways you can reach them:. You can visit their website at ICM Capital and fill out a contact form with your details and inquiry. They will get back to you as soon as possible. You can call their UK headquarters at 020 7634 9770 or their US office at +1 888 888 8888. Their working hours are Monday to Friday, 6 am to 6 pm GMT. You can email them at clientservices@ICMCapital.co.uk for client support or tradingdesk@ICMCapital.co.uk for technical support. They will require information to confirm your identity before responding. You can also follow them on social media platforms such as Facebook, Twitter, Instagram and YouTube for the latest updates and news. ICM Capital is one of the leading providers of forex & CFD trading in the UK and other regions. They offer a diverse range of trading products including currencies, gold, silver, oil and US stocks. They also have a dedicated team of experts who are ready to assist you with any query you may have. I hope this information helps you get in touch with ICM Capital. If you have any other questions, please feel free to ask me. ?.

Where are the Headquarters from ICM Capital based?

ICM Capital, a leading provider of online foreign exchange and commodity trading services, has its headquarters located in London, United Kingdom. The exact address is New Broad Street House, 35 New Broad St, London. The company was founded in 2009 by a group of industry professionals and has achieved considerable success since then. ICM Capital prides itself on doing everything possible to respond to customer inquiries and support the individual needs of each trader. An internal trading desk with experienced professionals is available to avoid delays in order execution. The customer service team, as well as client managers, work diligently to exceed customer expectations. The choice of location for the headquarters was key; to meet the demands of their continuous growth, they wanted to remain in one of the most dynamic and prosperous trading centers in Europe. The new office is easily accessible by car and public transport and is within walking distance of popular subway stations, Bank, Mansion House, and St Pauls. London has a robust financial center, and this move aligns with ICM Capital’s plans to geographically expand even further, not only in Europe but worldwide. Please note that while ICM Capital is based in London, there is also an entity called ICM Capital Markets located in Newport Beach, California, United States. However, these are separate entities and should not be confused. In the context of forex, ICM Capital offers a wide range of trading services and products for both retail and institutional clients, including foreign exchange (forex), commodities, futures, and indices. Their services are regulated by the Financial Conduct Authority (FCA), ensuring a high level of security and transparency for their clients.

What kind of Customer Support is offered by ICM Capital?

ICM Capital offers a comprehensive customer support system that caters to the needs of its clients in the forex trading industry. Contact Channels ICM Capital provides multiple contact channels for its clients. Clients can reach out to the support team via phone at +44 207 634 9770. They also offer support via email at clientservices@ICMCapital.co.uk. Support Hours The client services support is available from 6 am to 6 pm GMT, Monday to Friday. For technical difficulties while trading, clients can contact the trading desk at +44 207 634 9777, which is available 24 hours a day, Monday to Friday. Global Presence ICM Capital has a global presence with offices in the UK, MENA, APAC, LATAM, and Europe. The UK headquarters is located at Level 17, Dashwood House, 69 Old Broad St, London, EC2M 1QS, United Kingdom. Client Support Whether you are a new or existing client, the client support team is ready to assist with any query. For security, and to protect client data, when calling ICM Capital, they will require information to confirm your identity. Forex & CFD Trading ICM Capital is one of the leading providers of forex & CFD trading in the UK. They offer trading on over hundreds of instruments. In conclusion, ICM Capital’s customer support is designed to provide a seamless experience for its clients in the forex trading industry. Their commitment to client satisfaction is evident in their comprehensive support system, which includes multiple contact channels, dedicated support hours, and a strong global presence.

Which Educational and Learning Materials are offered by ICM Capital?

ICM Capital, a reputable brokerage firm founded in 2009, offers a wide range of educational and learning materials to support its clients. These resources are designed to cater to the diverse needs of traders worldwide, particularly those interested in forex trading. One of the key offerings is the SharePoint Learning Resources which are intended to support students and tutors/teachers/lecturers in preparing for ICM examinations and Remote Assignments. This platform provides a comprehensive suite of learning materials that can be accessed by ICM learners. ICM Capital also provides access to various financial instruments, including forex currency pairs, commodities, indices, and CFDs. Traders can leverage these instruments to gain practical experience in the financial markets. Furthermore, ICM Capital offers advanced trading technology, such as the popular MetaTrader 4 (MT4) and cTrader platform. These platforms are known for their robust features and user-friendly interface, making them ideal tools for both novice and experienced traders. ICM Capital is regulated by multiple authorities, including the Financial Conduct Authority (FCA) in the UK (registration number 520965), the Cyprus Securities and Exchange Commission (CySEC) (license number 185/12), and the Australian Securities and Investments Commission (ASIC) (AFSL number 426791). These regulatory licenses demonstrate ICM Capital’s commitment to adhering to stringent financial standards and maintaining the highest level of client protection. In conclusion, ICM Capital’s educational and learning materials, combined with its advanced trading platforms and strong regulatory framework, provide a comprehensive and secure trading environment for forex traders.

Can anyone join ICM Capital?

Joining ICM Capital, a UK headquartered FCA regulated online Forex, commodity and CFD trading firm. , is not open to everyone. The company has specific requirements that potential clients must meet in order to open a live trading account. Firstly, you must qualify as an Elective Professional trader. This status is not easily achieved and requires satisfying at least two of the following criteria. You must have carried out significantly large transactions, on the relevant market, at an average frequency of 10 per quarter over the previous four quarters. The size of your financial instrument portfolio, including cash deposits and financial assets, must exceed 500,000 EUR. You currently work or have worked in the financial sector for at least one year in a professional position, which requires knowledge of the transactions or services envisaged. You may be asked to provide supporting documentation to verify these criteria. ICM Capital values training and development and encourages each individual employee to learn new skills and contribute to the development of the company. They value openness, honesty, and integrity and operate to high professional standards in all their dealings with each other, their clients, and partners. They also value innovation, creativity, and effort, thereby creating genuine added value. In conclusion, while anyone can apply to join ICM Capital, not everyone will meet the stringent requirements necessary to open a live trading account. It’s a firm that demands personal creativity and innovation, and it operates in a fast-paced, dynamic environment. If you think you have what it takes and meet the criteria, you could become part of a leading provider of forex & CFD trading.

Who should sign up with ICM Capital?

ICM Capital is a suitable platform for a wide range of individuals and entities, particularly those interested in Forex trading. Here are some categories of individuals who might find ICM Capital beneficial:. Forex Traders: ICM Capital offers a variety of trading products in a single trading account, including Forex pairs like EURUSD. With ultra-fast execution and no re-quotes. , it’s an excellent platform for Forex traders. Commodity Traders: Those interested in trading commodities like Gold and Oil can also benefit from ICM Capital’s offerings. Crypto Traders: Cryptocurrency enthusiasts can trade popular cryptos like Bitcoin. on ICM Capital’s platform. Stock Traders: ICM Capital provides access to Stock CFDs like AAPL and stock indices like DJ30. , making it a good choice for stock traders. Beginners: ICM Capital’s user-friendly platform and excellent customer support make it a good starting point for individuals new to trading. Experienced Traders: With features like ECN Spreads from 0.0 Pips. , ICM Capital is also well-suited for experienced traders looking for advanced trading features. Institutional Clients: ICM Capital’s deep liquidity from Tier-1 banks. makes it a reliable platform for institutional clients. International Traders: ICM Capital has been providing online financial services covering more than a hundred countries since 2009. , making it a good choice for international traders. Please note that trading involves risk, and it’s important to understand the risks involved before starting to trade.

Who should NOT sign up with ICM Capital?

ICM Capital is a well-regarded forex broker, but it may not be the right fit for everyone. Here are some types of traders who might want to consider other options:. 1. Traders who require 24/7 customer support: ICM Capital does not offer round-the-clock customer service. This could be a disadvantage for traders who operate in different time zones or those who prefer immediate assistance at any time of the day. 2. Traders who prefer a wider range of trading instruments: ICM Capital’s offerings are limited to CFDs and OTC assets. Traders looking for a broader range of instruments to diversify their portfolio might find this limiting. 3. Traders who prioritize withdrawal ease and cost: Some users have reported high withdrawal fees and difficulties in withdrawing their funds. Traders who prioritize low-cost and hassle-free withdrawals might want to consider this aspect. 4. Traders using specific deposit methods: Some users have reported issues with specific deposit methods like Webmoney. Traders who prefer using these methods might face challenges. 5. Traders who require advanced trading features: While ICM Capital’s trading platform is generally well-regarded, some users have noted that it lacks certain advanced features. Remember, it’s important to thoroughly research and consider multiple factors before choosing a forex broker. Factors such as regulation, trading costs, platform usability, customer service, and your individual trading needs and preferences should all play a part in your decision.

Does ICM Capital offer Discounts, Coupons, or Promo Codes?

ICM Capital, a renowned player in the forex market, does offer various promotions and exclusive offers. However, the specifics of these offers, such as discounts, coupons, or promo codes, are not explicitly mentioned in the search results. It’s worth noting that these promotions can provide traders with additional benefits, potentially enhancing their trading experience. Traders are encouraged to regularly check the ICM Capital website or contact their customer service for the most up-to-date information on available offers. Please note that while promotions can offer added advantages, they should not be the sole factor in choosing a forex broker. Other important considerations include the broker’s regulatory status, trading platform, customer service, and trade execution quality. Remember, trading in the forex market involves risk, and it’s important to understand these risks before participating in any trading activity. Always consider your financial situation and risk tolerance before trading. Disclaimer: This information is based on the data available as of December 2023 and may not be up-to-date. Please visit the official ICM Capital website or contact their customer service for the most accurate information.

Which Account Types are offered by ICM Capital?

ICM Capital offers a variety of account types to cater to the diverse needs of traders. Here are the details:. ICM Direct Account. Currencies: USD, EUR, GBP or SGD. Leverage: 1:200. Spread: Starting from 0 on EURUSD Pair. Commission: No commission is charged for FX and Metal. Minimum Transaction Size: 0.01 of a Standard Lot. Instruments Available: Forex, Metals, Futures, Shares, and Cash CFDs. Stop/Limit Levels: No Minimum for Forex & Metals. Execution: Market Execution. Trading Platforms: MT4: Windows, Mac, iOS, Android. ICM Zero Account. Currencies: USD, EUR, GBP or SGD. Leverage: 1:200. Spread: 0. Commission: $7/Round lot for FX and Metal only. Minimum Transaction Size: 0.01 of a Standard Lot. Instruments Available: Forex, Metals, Futures, Shares, and Cash CFDs. Stop/Limit Levels: No Minimum for Forex & Metals. Execution: Market Execution. Trading Platforms: MT4: Windows, Mac, iOS, Android. Both account types offer additional features such as Trading Central Market News, Expert Advisor, Real Time News Feed, Mobile Trading Platform, Segregated accounts, Charts & Platforms, Free video tutorials, Fifth Decimal, Personalised Service in +16 Languages, SMS Updates, Swap free accounts for clients following the Muslim faith, Complementary Premium Services, and Custom Trading Conditions. Please note that the leverage for your account can vary depending on the price volatility of the underlying asset. Also, ICM Capital supports a wide range of languages, including English, Arabic, Chinese and Spanish, among others. This makes it an excellent provider of customer support. Remember, trading in Forex and other financial instruments involves risk. Please seek independent advice where needed. Happy trading!.

How to Open a ICM Capital LIVE Account?

Opening a live account with ICM Capital is a straightforward process that involves four main steps. Here’s a detailed guide:. Step 1: Register First, you need to complete the online registration form to create your ICM Profile. This is the initial step in setting up your trading account. Step 2: Verify After registration, you need to submit your ID and proof of residency. This is a standard procedure to ensure the security of your account and comply with regulations. Once your documents are submitted, they will be reviewed for verification. Step 3: Fund The next step is to deposit funds into your account. ICM Capital provides a fast and efficient cashier solution for this purpose. It’s important to note that the minimum deposit requirement may vary, so it’s advisable to check this detail on the platform. Step 4: Trade Once your account is funded, you can start trading on the global financial markets. ICM Capital offers a wide range of trading options, including currencies, commodities, indices, stocks, and crypto. It’s worth noting that ICM Capital is a multi-regulated broker, offering a fast and secure account opening process. They provide segregated client accounts for added security, a client account management system (ICM Access), and 24/5 multilingual client support. Please note that you can only open a live account with ICM Capital Limited UK if you meet the criteria of becoming a Professional Client. Be sure to read the criteria carefully before applying. Remember, trading involves risk and it’s important to understand the markets and your investment goals before you start trading. Happy trading!.

How to Open a ICM Capital DEMO account?

Opening an ICM Capital DEMO account is a straightforward process that can be completed in a few steps. Here’s a detailed guide:. Step 1: Navigate to the ICM Capital Website First, you need to navigate to the official website of ICM Capital. Look for the option to “Open Account” from the homepage. Step 2: Select the Demo Account Option Once you’re on the website, you’ll need to select the option to open a demo account. This option is usually found in the account section of the website. Step 3: Fill Out the Registration Form An online form will load where you can provide your personal details. This typically includes your title, first and last name, email address, a password of your choice, mobile number, country of residence, and preferred contact language. Step 4: Submit Your Details After filling out the form with the necessary details, submit the form. ICM Capital will then process your application. Step 5: Verification You may be asked to verify your identity by submitting your ID and proof of residency. This is a standard procedure for most forex trading platforms to comply with regulatory requirements. Step 6: Start Trading Once your demo account is set up, you can start trading. The demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses. Remember, the purpose of a demo account is to provide a risk-free environment for you to practice and understand the dynamics of forex trading. Use this opportunity to familiarize yourself with the trading platform and develop your trading strategies. Please note that the exact process may vary slightly depending on the region and any updates to the ICM Capital’s account opening process. Always refer to the official ICM Capital website for the most accurate and up-to-date information.

How Are You Protected as a Client at ICM Capital?

As a client at ICM Capital, you are protected in several ways:. Financial Services Compensation Scheme (FSCS): ICM Capital is authorized and regulated by the Financial Conduct Authority (FCA). As a result, client money is protected by the Financial Services Compensation Scheme (FSCS), which covers up to £85,000 if the company becomes insolvent. Client-Fund Protection: ICM Capital has enhanced its client-fund protection to cover £1,000,000. This new insurance is available to all ICM Capital live account holders at no extra cost and is underwritten by QBE Underwriting and other participating syndicates at Lloyd’s of London. Fund Segregation: ICM Capital presents a clear separation between the firm’s funds and its traders’ money as per the FCA’s client-fund protection rules. Funds are segregated from the company’s money, providing an additional layer of security. Insurance via Lloyd’s of London: ICM Capital is one of just a few brokers that provides clients with enhanced and extended protection for their trading funds via Lloyd’s of London. Lloyd’s of London is known as the world’s specialist insurance market and works with a global network to enhance the insurance possibilities for organisations as well as individuals. Secure Trading Platform: ICM Capital provides a secure and convenient platform for managing your trading account and funds. These measures ensure that ICM Capital clients can trade with confidence, knowing that their funds are secure and protected. As a multinational organisation, the security provided for clients is of the greatest importance.

Which Funding methods or Deposit Options are available at ICM Capital?

ICM Capital offers a variety of funding methods and deposit options for the convenience of its clients. Here are the details:. Credit and Debit Cards: Accepted currencies include AUD, USD, JPY, EUR, NZD, SGD, GBP, and CAD. The processing time is instant. PayPal: Accepted currencies are AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, HKD, and CHF. The processing time is also instant. Neteller: This option accepts USD, AUD, GBP, EUR, CAD, SGD, and JPY. The processing time is instant. Neteller VIP: Accepted currencies are AUD, GBP, EUR, CAD, SGD, and JPY. The processing time is instant. Skrill: This option accepts AUD, USD, JPY, EUR, and SGD, GBP. The processing time is instant. UnionPay: This option only accepts RMB. The processing time is instant. Wire Transfer: Accepted currencies are AUD, USD, JPY, EUR, NZD, SGD, GBP, CAD, and CHF. The processing time is 2-5 business days. Bpay: This option only accepts AUD. The processing time is 12 - 48 hours. Broker to Broker: Accepted currencies are AUD, USD, and JPY. Please note that some international transfers may incur a fee charged by your bank or ICM Capital’s bank. Any charges will come out of the amount that you transfer, and therefore ICM Capital will only credit your account with the funds that they receive. ICM Capital covers the transfer fees for deposits above USD 500 incurred through intermediary and beneficiary banks only. For bank transfers, please allow 2-5 working days for the funds to reach your account. It’s important to note that due to money laundering regulations, ICM Capital cannot accept cash deposited into their bank account. Any funds credited in this way will not be added to your account and could result in significant delays on any refund. Large deposits of cash into ICM Capital’s accounts by any client may generate an enquiry to the relevant authorities. ICM Capital is unable to accept payments from third parties, any such transfers will be rejected and returned to the original source. These funding methods provide flexibility and convenience for clients, making it easy to fund their accounts and start trading in forex and other financial instruments.

What is the Minimum Deposit Amount at ICM Capital?

The minimum deposit amount required to open a broker account with ICM Capital is $200. This is also the minimum deposit required every time you fund your account. ICM Capital offers a variety of deposit methods including Visa, Mastercard, Skrill, Neteller, PayPal, China UnionPay, and BankWire. The broker also offers a pre-paid Mastercard which is available to EU residents and can be issued in EUR, GBP, or USD. Please note that deposit activation can take up to 72 hours. It’s also important to note that the minimum deposit for first-time traders might vary based on the trading account type selected. ICM Capital, founded in 2009 and headquartered in London, England, is regulated by the Financial Conduct Authority (FCA). They offer managed accounts, institutional accounts, and Islamic accounts. Their platform is compatible with PC, Mac, mobile, and tablet, and supports multiple languages including English, Spanish, German, Portuguese, Chinese, Arabic, and Thai. ICM Capital provides customer support 24 hours a day, five days a week, and offers 24/7 online support. The maximum leverage they offer is 30:1. In conclusion, ICM Capital is a reputable Forex company that requires a minimum deposit of $200 to open a broker account. They offer a variety of deposit methods and provide comprehensive customer support to assist traders. However, it’s always recommended to thoroughly research and consider all factors before choosing a Forex broker.

Which Withdrawal methods are available at ICM Capital?

ICM Capital, a UK headquartered FCA regulated online Forex, commodity and CFD trading firm, offers several methods for withdrawing funds. Bank Transfer: You can deposit funds directly into ICM Capital’s bank account by making a bank transfer from a bank account in your name. Please ensure you use your full name and ICM Capital account number as a reference. Due to money laundering regulations, cash deposits are not accepted. Any funds credited in this way will not be added to your account and could result in significant delays on any refund. Large deposits of cash into ICM Capital’s accounts by any client may generate an enquiry to the relevant authorities. Some international transfers will incur a fee charged by your bank or ICM Capital’s bank. Any charges will come out of the amount that you transfer and therefore ICM Capital will only credit your account with the funds that they receive. ICM Capital covers the transfer fees for deposits above USD 500 incurred through intermediary and beneficiary banks only. For bank transfers, please allow 2-5 working days for the funds to reach your account. Moneybookers (Skrill): This is another method for transferring funds. The transaction fee is $0.32 and the receive money fee is 1.9%. There is also a country surcharge fee of 1%. ICM Capital waives the charges for deposits above $500. Charges will be waived for one withdrawal per calendar month. Neteller: This method has a deposit fee of 2.5%, with a minimum of $1. The transaction fee is $0.29 and there is a country surcharge fee of 1%. ICM Capital waives the charges for deposits above $500. Charges will be waived for one withdrawal per calendar month. PayPal: This method has a payment processing fee of 3.75%. The currency fixed fee is GBP 0.20 for GBP currency, EUR 0.35 for EUR currency, and USD 0.30 for USD currency. The percentage fee is 3.36% for USD currency, 4.25% for EUR currency, and 4.61% for GBP currency. ICM Capital waives the charges for deposits above $200. Charges will be waived for one withdrawal per calendar month. Visa/Mastercard: This method is not applicable for withdrawal. Please note that ICM Capital will only return funds to clients in the same manner in which they were received. For example, if you have credited your account via Credit card you may be restricted in receiving withdrawals via Credit Card. ICM Capital may require a credit card statement as proof of ownership of the card in question. The Cardholders first and last name and the last four digits of the card must be easily read in order for the statement and the card to be acceptable. This is an added layer of protection for ICM Capital’s clients as they actively seek to prevent online identity fraud. Withdrawals are usually processed by ICM Capital within one working day. When withdrawing by Paypal, Webmoney your funds should reach you within the same day. When withdrawing by credit/debit card or bank wire, the processing banks will usually transfer your funds to you within.

Which Fees are charged by ICM Capital?

ICM Capital is a UK-based forex broker that offers professional traders access to a range of assets, including forex, stocks, commodities, futures and CFDs. ICM Capital has two main account types: the Direct account and the ICM Zero account. Both accounts are available on the MetaTrader 4 platform and offer competitive spreads and leverage. However, there are some differences in the fees and charges that apply to each account type. The Direct account is a commission-free account that offers tight spreads from 1.3 pips on the EUR/USD pair. The minimum deposit for this account is $200 and the maximum leverage is 1:200. The Direct account does not charge any deposit or withdrawal fees, but it does charge a $7 fee per round lot for inactivity after 12 months of no trading activity. The ICM Zero account is a commission-based account that offers zero pip spreads on the EUR/USD pair, starting from 0 pips. The minimum deposit for this account is $2,500 and the maximum leverage is 1:200. The ICM Zero account charges a $7 fee per round lot for inactivity after 12 months of no trading activity, as well as a $10 fee per month for monthly maintenance fees. In addition to these fees, ICM Capital also charges swap fees or overnight fees for holding positions overnight. These fees vary depending on the currency pair and the interest rate differential between the two currencies involved in the trade. Swap fees are calculated daily and can be positive or negative depending on whether you are long or short a position. ICM Capital also charges conversion fees when you trade with non-USD instruments, such as euros or pounds sterling. These fees are based on the exchange rate at the time of execution and are deducted from your profits or added to your losses. ICM Capital does not charge any deposit or withdrawal fees for using various payment methods, such as PayPal, Visa, Mastercard, Skrill, Neteller or UnionPay. However, some payment methods may incur additional charges from their respective providers or banks. ICM Capital has a good reputation as a regulated broker that offers high-quality services and support to its clients. It is regulated by the Financial Conduct Authority (FCA) in the UK under firm reference number 585561 and by other authorities in Dubai, Singapore, Nigeria and Indonesia under different names. If you are interested in opening an account with ICM Capital, you can visit their website. or contact their customer service team via phone or email. You can also read some reviews from other traders who have used their services.

What can I trade with ICM Capital?

ICM Capital is a multi-asset trading platform that offers a variety of trading products. Here are the key offerings:. Forex Trading: ICM Capital offers a decent portfolio of currencies for trading. Major pairs like the EUR/USD can be traded with spreads from 0.0 pips. Forex trading can be done using the MetaTrader 4 platform with expert advisors (EAs) supported. Stock Trading: ICM Capital offers CFDs on a good range of US stocks, including large companies like Apple, Google, and Pfizer. However, traders cannot directly buy and own shares. CFD Trading: Leveraged contracts for difference (CFDs) can be used to take positions on major financial markets with fast execution speeds. However, the suite of CFDs is narrow, with commodities and indices only. Copy Trading: Clients of ICM Capital can use the MetaTrader 4 platform to interact with and copy the trades of other investors. Both manual and automated copy trading is available. ICM Capital is an FCA-regulated brokerage. and only accepts professional traders. The minimum deposit for trading is $200. , and the platform supports various payment options including PayPal, Wire Transfer, Credit Card, Visa, Mastercard, Skrill, Neteller, and UnionPay. Please note that trading involves risk and it’s important to understand the risks involved before starting to trade.

Which Trading Platforms are offered by ICM Capital?

ICM Capital offers a diverse range of trading platforms, providing access to a variety of trading products. Here are the details:. MetaTrader 4 (MT4): This platform is available in 30 languages and offers trading for Forex, precious metals, and CFDs. It provides capabilities for Expert Advisor (EA), and it’s available for Windows, Mac, iOS, and Android. MT4 also offers web-based capability to access the global markets without any downloads. MetaTrader 5 (MT5): Like MT4, MT5 is also a platform that allows trading in Forex, precious metals, and CFDs. It is available on multiple operating systems including Windows, Mac, iOS, and Android. cTrader: This platform is part of the single trading account offering from ICM Capital. It allows trading in Forex, precious metals, and CFDs. These platforms have been selected for their reliability, security, and speed. They offer rapid execution and professional trading conditions in an environment of fairness and transparency. They also provide advanced trading charting and technical analysis tools. Please note that trading in Forex and other leveraged products involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

Which Trading Instruments are offered by ICM Capital?

ICM Capital, a UK headquartered FCA regulated online Forex, commodity and CFD trading firm, offers a diverse range of trading products. These include:. Foreign Exchange (Forex): ICM Capital provides access to major online trading products, including Forex. A decent portfolio of currencies are available at ICM Capital. CFD Contracts on Oil (WTI & Brent), Indices, Silver and Gold: Traders can easily trade the full range of online trading products from their desktop 24 hours a day. Leveraged contracts for difference can be used to take positions on major financial markets with fast execution speeds. OTC Spot Foreign Exchange: This is one of the trading products offered by ICM Capital. OTC Precious Metals: Traders have access to OTC Precious Metals. OTC US Stocks: ICM Capital offers CFDs on a good range of US stocks, including large companies. OTC Energy Futures: This is another trading product that ICM Capital offers. OTC Index Futures: Traders can also trade OTC Index Futures. Cash CFDs: Cash CFDs are also part of the trading products offered by ICM Capital. These trading instruments are accessible from a single platform. ICM Capital’s online trading account MetaTrader 4 provides traders with access to these major online trading products. With live streaming prices, investors can potentially benefit from the financial market. ICM Capital is best for professional traders looking for tight spreads and high leverage on forex and US stocks.

Which Trading Servers are offered by ICM Capital?

ICM Capital offers a variety of trading servers to cater to the diverse needs of traders. The servers are designed to provide fast, stable, and secure access to trading accounts. cTrader Web Terminal. : This is a web-based platform that allows trading via any operating system (Windows, Mac, and Linux) and from any web browser. No download or installation is required. It offers full market depth and electronic communications network (ECN) execution for forex and CFDs. It also provides a single cTrader login for all your accounts, and it’s accessible 24/7. The platform is customizable to meet your analysis needs with candle sticks, bar or line charts. It also offers competitive spreads and low commissions. Servers in the LD5 IBX Equinix Data Centre. : ICM Capital’s servers are located in the LD5 IBX Equinix Data Centre. This location is known for its secure and reliable infrastructure, which provides clients with the fastest possible execution speeds. The servers offer depth of market (Level II) pricing, multiple order types, detachable charts, expanded symbol display, real-time reports, and one-click trading. Trading Tools. : ICM Capital offers a variety of trading tools that can support you when trading. These tools include a Pip Calculator, a Pivot Calculator, an Economic Calendar, and Trading Signals on MT4. These tools are free for accounts that maintain a 4,000 USD balance or equivalent in EUR, GBP, or SGD. ICM Capital VC. : This platform offers spot foreign exchange, precious metals, US stocks, energy futures, index futures, cash CFDs, metal futures, cryptocurrencies, commodities futures, and US Treasury & Currency Futures. The trading hours are from Sunday to Friday (22:01 - 22:00) Server Time. In conclusion, ICM Capital offers a comprehensive suite of trading servers and tools to facilitate efficient and effective trading in the forex market. Whether you’re a beginner or an experienced trader, ICM Capital has the resources to help you succeed.

Can I trade Crypto with ICM Capital? Which crypto currencies are supported by ICM Capital?

Can I trade Crypto with ICM Capital? Yes, you can trade crypto with ICM Capital, a global broker that offers access to a wide range of trading products, such as currencies, commodities, cryptos and stocks. You can trade cryptocurrency CFDs using an ICM Direct account or ICM Zero account with a zero commission charge and a margin requirement of 50%, enabling trading with a maximum permissible leverage of 1:2. Which crypto currencies are supported by ICM Capital? ICM Capital supports 7 types of cryptocurrencies to trade, including Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Stellar Lumens and EOS. You can trade these cryptocurrencies on Metatrader 4 and Metatrader 5 platforms, which are available for PC and mobile devices. You can also use various free indicators and tools to analyse the market trends and opportunities in the crypto space. Advantages of Cryptocurrencies CFD Trading with ICM Capital No middlemen: Trading cryptocurrencies through a contract for difference (CFD) allows you to access the market without dealing with the actual coins or tokens. Efficient use of capital: You can trade with leverage up to 1:2, which means you can control a larger position value with a smaller amount of funds. Hedging other investments: You can hedge your exposure to other assets by taking opposite positions in the same or different markets. No expiry dates: Unlike spot trading, CFDs do not have any expiry dates or settlement dates. You can hold your positions as long as you want until you decide to close them. Profit potential in falling/raising market: You can benefit from both rising and falling prices by going long or short on the market movements. Why Trade Cryptocurrencies CFD with ICM Capital? ICM Capital is a multi-regulated broker that has been providing online financial services since 2009. It has more than 300,000 clients from over 100 countries and has won several awards for its innovation and customer service. Some of the reasons why you should trade cryptocurrencies CFD with ICM Capital are: Fast execution: You can enjoy low latency execution on your trades thanks to the high-performance platforms and servers that ICM Capital uses. Low spreads: You can benefit from competitive spreads on your trades thanks to the tight liquidity pool that ICM Capital maintains. Zero commission: You can save on commission fees thanks to the zero commission charge on your trades if you use an ICM Zero account. Varying free indicators and tools: You can enhance your trading experience with various free indicators and tools that ICM Capital provides, such as Autochartist, Trading Central, Smart Trader Tools and more. . I hope this answer has been helpful for you. If you want to learn more about how to trade cryptocurrencies CFDs with ICM Capital, you can visit their website. or contact their customer support team. Happy trading!. : [Cryptocurrency Trading Cryptocurrency CFDs IC Markets Global] : Contact Us IC Markets Global.

What is the Leverage on my ICM Capital Trading Account?

Leverage is a key aspect of trading with ICM Capital, a leading UK-based global multi-regulated financial service provider. It allows traders to control larger positions with a smaller amount of capital, thereby potentially increasing the profitability of their trades. The leverage applied on all live accounts at ICM Capital is typically 1:30 on Major Currency pairs. This means that for every dollar you have in your account, you can control up to $30 in trading value. This can significantly amplify your potential profits, but it’s important to remember that it can also amplify potential losses. However, there are instances where ICM Capital offers increased leverage. For example, they have offered increased leverage of up to 1:500 on all of its currency trading accounts for a limited period. This higher leverage allows traders to control even larger positions with the same amount of capital. It’s important to note that leverage is a double-edged sword. While it can magnify profits, it can also magnify losses. Therefore, it’s crucial for traders to have a solid understanding of leverage and risk management before they start trading. ICM Capital provides a range of assets for trading including forex through the MT4 platform. They offer a decent portfolio of currencies and traders can speculate on forex using MT4 with expert advisors (EAs) supported. In conclusion, the leverage on your ICM Capital Trading Account can vary, but typically it is 1:30 on Major Currency pairs. There may be opportunities to access higher leverage during certain promotional periods. As always, it’s important to trade responsibly and understand the risks associated with leverage.

What kind of Spreads are offered by ICM Capital?

ICM Capital is a UK-based ECN broker that offers professional traders access to forex and other markets through the MetaTrader 4 platform. The broker has two types of accounts: the Direct account and the ICM Zero account. Both accounts have different spreads and commissions depending on the trading conditions and preferences of the clients. The Direct account is suitable for traders who want to trade with variable spreads and no commission. The Direct account offers a USD/EUR spread of 1.3 pips on average, which is competitive for the forex market. The minimum deposit for this account is $200, and the maximum leverage is 1:200. The Direct account also supports Islamic trading, copy trading, and automated trading with expert advisors (EAs). The ICM Zero account is designed for traders who want to trade with zero pip spreads on some currency pairs, but at a cost of $7 per round lot commission. The ICM Zero account offers a USD/EUR spread of 0 pips on EUR/USD, but charges a commission of $7 per round lot. The minimum deposit for this account is $2,000, and the maximum leverage is 1:200. The ICM Zero account also supports Islamic trading, copy trading, and automated trading with EAs. Both accounts have access to a wide range of instruments, including forex, CFDs on stocks, commodities, futures, metals, indices, cryptocurrencies, and more. Both accounts also have high liquidity from tier 1 banks and fast execution speeds. However, both accounts also have some drawbacks that traders should be aware of before opening an account. Firstly, both accounts are only available to professional traders who qualify for them based on their trading experience and performance. This means that amateur traders cannot open an account with ICM Capital. Secondly, both accounts charge swap fees or overnight fees for holding positions overnight. This means that traders should consider their risk exposure and position size before entering or exiting a trade. Thirdly, both accounts charge deposit fees and withdrawal fees depending on the payment method used by the trader. This means that traders should check the fee schedule before making a deposit or withdrawal. In conclusion, ICM Capital offers two types of accounts with different spreads and commissions for forex trading. The Direct account has variable spreads starting from 1.3 pips with no commission, while the ICM Zero account has zero pip spreads on EUR/USD but charges $7 per round lot commission. Both accounts have access to various instruments and features.

Does ICM Capital offer MAM Accounts or PAMM Accounts?

ICM Capital does indeed offer Multi-Account Manager (MAM) accounts. The MAM system is designed to provide professional traders and asset managers with a user-friendly interface to manage multiple trading accounts simultaneously. This system leverages cutting-edge technologies, allowing the management and trading of thousands of instruments across several client accounts on their platform. Key features of ICM Capital’s MAM accounts include:. Unlimited Trading Accounts: This allows for the management of an unlimited number of client accounts. Instant Change of Allocation Parameters: This provides flexibility in managing client accounts. Control All the Managed Accounts from a Single Interface: This simplifies the management process. Real-Time Control of Open Positions of All the Managed Accounts: This ensures timely decision-making. Historical Reports and Analytics: This aids in performance tracking and decision-making. Set Your Own Markup and Performance Fee: This provides flexibility in earnings. Earn Rebates from ICM Trade using Expert Advisors (EAs): This provides an additional avenue for earnings. However, there is no explicit mention of ICM Capital offering Percentage Allocation Management Module (PAMM) accounts. PAMM accounts are a form of investment where traders who have proven themselves in profitable trading offer their services in managing investors’ funds, as well as their own, within a single portfolio account. The investor entrusts their money to a third party who trades on behalf of the investor. It’s important to note that PAMM account traders always invest their own money in an investment portfolio as this provides them with financial motivation to trade without risk. In conclusion, while ICM Capital offers MAM accounts, it does not explicitly offer PAMM accounts based on the available information. It’s always recommended to contact the broker directly for the most accurate and up-to-date information. Please note that investing in Forex involves risk and it’s important to understand these risks before opening an account.

Does ICM Capital allow Expert Advisors?

ICM Capital, an FCA-regulated brokerage, is known for offering professional traders multi-asset trading. This includes a wide range of assets such as US stocks, forex pairs, futures, metals, and cash CFDs. One of the key features of ICM Capital is its support for auto trading. The firm allows the use of Expert Advisors (EAs) on its MetaTrader 4 platform. EAs are programs written in MetaQuotes Language 4 (MQL4) that enable automatic analysis and trading on behalf of the client. This feature is particularly beneficial for forex trading. Forex traders can speculate on a decent portfolio of currencies available at ICM Capital. The firm supports trading of major pairs like EUR/USD with spreads from 0.0 pips. The use of EAs can help traders automate their strategies, potentially enhancing their trading efficiency and effectiveness. However, it’s important to note that ICM Capital’s services, including the use of EAs, are only available to traders who qualify for a professional account. The firm does not accept amateur traders. Therefore, traders interested in using EAs at ICM Capital must meet certain criteria to be classified as professional traders. In conclusion, ICM Capital does allow the use of Expert Advisors, providing a robust platform for automated forex trading. However, this service is restricted to professional traders who meet the firm’s qualification criteria. As always, traders should conduct thorough research and consider their individual trading needs and goals before choosing a brokerage.