ICM Capital review
ICM Capital is a Multi-Assets Trading Platform with over 5000+ Assets
ICM Capital is a multi asset platform with 5000+ tradable Assets. Assets available on ICM Capital include Forex trading, Spread Betting, Share Dealing.
ICM Capital trades in multiple financial asset types. A financial asset is any security or asset that has financial value attached, tangible or intangible. This means that Forex trading, Spread Betting, Share Dealing are considered financial assets.
Features of ICM Capital
- Virtual Portfolio, or what is commonly known as a Demo Account
- ICM Capital offers Advanced Financial Chart comparison tools
- ICM Capital offers Research-backed analysis on financial markets and investments from top analysts
- The ICM Capital platform is available to use on multiple devices including Apple Mac computers, and online through a Web Browser.
- ICM Capital offers a trading platform with tools for both New Traders and Seasoned Experts
- ICM Capital users benefit from using the ICM Capital platform in over 15 different languages
ICM Capital review
What you should know
ICM Capital offer three ways to trade: Forex trading, Spread Betting, Share Dealing. The assets and products available to you on the ICM Capital trading platform depends on the region of the world, you are in and the ICM Capital entity you have an account.
With ICM Capital you will need a minimum deposit of $200. You can sign up for a demo account to acquaint yourself with ICM Capital platform.
ICM Capital are able to accommodate various levels of traders whether you are experienced or a beginner.
Are ICM Capital safe?
When considering ICM Capital for your trading activities, its financial regulatory status in your region is crucial. One of the primary considerations when evaluating a broker, such as ICM Capital, is to assess the broker's regulatory status and administrative body. Brokers operating without supervision from a regulatory authority are free to make their own rules, which may pose a risk to investors. Any capital you invest is at risk.
Established in 2008, and in operation for 16 years ICM Capital have a head office in Luxembourg.
ICM Capital is regulated. This means ICM Capital are supervised by and is checked for conduct by the FCA (Financial Conduct Authority) (520965) regulatory bodies.
ICM Capital withdrawal requests will be honoured. Brokers that operate under the supervision of regulatory authorities like ICM Capital are subject to strict guidelines that prohibit them from manipulating market prices to their advantage. Regulatory oversight ensures brokers operate with integrity, fairness, and transparency, safeguarding investors' deposits. ICM Capital are held accountable for their actions and may face severe consequences if they violate any financial regulations. If you are a client of ICM Capital and wish to withdraw funds from your account, you can rest assured that your request will be processed promptly. ICM Capital has a reputation for efficient and reliable fund transfers, and adhere to the rules of the financial regulators they are regulated with. When you submit a withdrawal request, ICM Capital will verify your account details and process the payment within the stipulated timeframe, usually within a few business days. By partnering with a trustworthy broker like ICM Capital, you can enjoy peace of mind and focus on your trading activities. If ICM Capital violate any regulatory rules their regulated status could be stripped.
Your capital is at risk
Is my money safe with ICM Capital?
All payments made to ICM Capital by traders are securely held in a segregated bank account.
ICM Capital uses Tier 1 banks for increased security. These banks are deemed the most reliable for client capital due to their strong core capital reserves and ability to withstand losses.
What are Tier 1 banks and why should ICM Capital use them?
ICM Capital partnering with Tier 1 banks offers reliability, efficient payment processing, reduced counterparty risks, and better protection for client funds. These banks are the most financially stable and secure institutions globally, with robust financial strength and high-quality risk management practices. They hold substantial core capital reserves, making them capable of handling unexpected losses and market volatility without endangering their ICM Capital clients' funds.
ICM Capital clients can have greater confidence in their financial security when working with a Tier 1 bank because ICM Capital are subject to strict regulatory oversight and must adhere to stringent guidelines to maintain its Tier 1 status.
What does it mean to have your funds in ICM Capital deposited in a Tier 1 bank?
Depositing funds with ICM Capital ensures that your money is held in a secure bank account with sufficient capital to meet your withdrawal requirements, even if ICM Capital were to go out of business unexpectedly.
Based on the information presented, it is safe to conclude that ICM Capital is a secure and safe platform.
Please be aware that trading in financial assets with ICM Capital carries a risk of loss. ICM Capital trading risk can occur due to inadequate market research, lack of experience, or failure to use the platform tools. It is common to experience rapid losses when trading financial investments like Forex trading, Spread Betting, Share Dealing due to market volatility. Therefore, you should only risk trading when you understand that your capital is at risk at any time.
ICM Capital emphasizes this risk on its platform and provides clear risk warnings - Your capital is at risk. After answering some important questions about ICM Capital, let's closely examine its features.
To better understand the ICM Capital trading platform, you can create two separate accounts - one with real money and the other a ICM Capital demo account. A ICM Capital demo account provides a risk-free environment for experimenting with the ICM Capital platform's features and trading strategies before risking your actual funds. This approach can help you gain experience and confidence in ICM Capital trading decisions.
Open a demo account Visit ICM Capital
Full disclosure: We may receive a commission if you sign up with a broker using one of our links.
How ICM Capital as a Company Compare Against Other Brokers
Broker | icmcapital | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Year Established | 2008 | 2007 | 2009 | 2007 |
Head Office | Luxembourg | Australia | Belize | Cyprus, UK |
Regulation | FCA (Financial Conduct Authority) (520965) | Seychelles Financial Services Authority (FSA) (SD018) | RoboForex Lid is regulated by Belize FSC, License No. 000138/7, reg. number 000001272. RoboForex Ltd, which is an (A category) member of The Financial Commission, also is a participant of its Compensation Fund | FCA (Financial Conduct Authority) eToro (UK) Ltd (FCA reference 583263), eToro (Europe) Ltd CySEC (Cyprus Securities Exchange Commission), ASIC (Australian Securities and Investments Commission) eToro AUS Capital Limited ASIC license 491139, CySec (Cyprus Securities and Exchange Commission under the license 109/10), FSAS (Financial Services Authority Seychelles) eToro (Seychelles) Ltd license SD076 |
Used By | 10,000+ ICM Capital users | 200,000+ IC Markets users | 730,000+ Roboforex users | 35,000,000+ eToro users |
Negative balance protection | Yes | Yes | Yes | Yes |
Guaranteed Stop Loss | No | No | No | No |
Learn More | Visit ICM Capital | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
ICM Capital review
ICM Capital Pros and Cons
ICM Capital review
ICM Capital Regulation and Licensing in more detail
ICM Capital is regulated by trusted organizations, providing recourse for any issues. Regulatory bodies protect traders through reimbursement schemes in case of ICM Capital going into insolvency. ICM Capital compliance with rules and criteria set by regulatory authorities is mandatory for brokerage firms like ICM Capital to maintain licenses and operate in certain jurisdictions. Financial regulation and licensing are crucial for creating a secure trading environment for ICM Capital traders.
- FCA (Financial Conduct Authority) (520965)
ICM Capital is regulated, governed and supervised by reputable financial regulatory bodies. Regulatory bodies monitor the brokers' behaviour, and they will take necessary action if things go wrong. Before trading online with a broker like ICM Capital you should be sure they're legitimate online agent.
Is ICM Capital Global?
Yes, ICM Capital is global as ICM Capital is available in over 194 countries.
ICM Capital is a global trading platform in the sense that it operates in 194 countries including nations in Africa, Asia, Oceania, and Europe. Major countries ICM Capital covers include the UK, Germany, South Africa, Thailand, China and Australia. ICM Capital has a total of more than 10,000 users.
ICM Capital review
ICM Capital Awards
ICM Capital have won numerious industry awards over the 16 years they have been operating as a financial broker. We have listed the most notable awards and mentions for ICM Capital below.
- Most Trusted Brand for Forex Broker in the Middle East - International Business Magazine Awards - 2023
- Highest-Rated Multi-Asset Broker - International Business Magazine Awards - 2023
- Leading Multi-Regulated Broker - International Business Magazine Awards - 2023
- Best Mobile Trading Platform MENA - Global Business Magazine - 2023
- Excellent Trade Executions - Global Business Review Magazine Award - 2023
- Best Forex Rewards Program - Global Business Review Magazine Award - 2023
- Outstanding Trading Service Provider - Global Business Review Magazine Award - 2023
- Best Multi-Regulated Broker UK - World Business Stars Magazine Award - 2023
- Best Mobile Trading Platform SEA - World Business Stars Magazine Award - 2023
- Best Forex Broker Asia - Global Business and Finance Magazine - 2023
- Best Forex Customer Service Broker UK - World Economic Magazine - 2023
- Fastest Growing Global Multi-Asset Broker Global Business Magazine Awards 2022
- The Best Trading Service in Vietnam Traders Fair & Awards 2022
- Most Trusted Forex Broker 2021 MEA Markets - UAE Business Awards
- MOST TRUSTED FOREX BROKER Middle East 2020
ICM Capital review
ICM Capital Fees Explained
- ICM Capital doesn't charge withdrawal fees.
- ICM Capital does not charge a fee for inactive accounts.
- ICM Capital doesn't charge deposit fees. A currency conversion fee may be applied as withdrawals and deposits from ICM Capital are conducted in USD. Any other currency will have to be converted to your local currency by your 3rd party payment provider.
ICM Capital Costs To Check
Modern brokers like ICM Capital provide advanced online trading platforms, mobile apps, financial analysis tools and educational resources. These services require significant investment, and in turn, ICM Capital may charge clients various fees for trading activities. Be mindful of these charges, impacting your overall ICM Capital trading profitability.
How ICM Capital Fees Compare Against Other Brokers
Broker | icmcapital | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Min Deposit | 200 | 200 | 10 | 50 |
Withdrawal Fees | No | No | No | Yes |
Inactivity Fees | No | No | No | Yes |
Deposit Fees | No | No | No | No |
CFD Commission Fees | Yes | No | Yes |
ICM Capital Minimum Deposit
ICM Capital requires a minimum deposit of 200 GBP/USD/EUR when opening an ICM Capital trading account.
A minimum deposit is the minimum amount of money required by ICM Capital to open a new online brokerage account with them.
Don't be scared off by brokers like ICM Capital charging a minimum deposit to open a trading account. Brokers charging higher minimum deposits may offer additional premium services on their platforms that are not free on other platforms.
In the trading world, brokers like ICM Capital, have different minimum deposit requirements based on the target audience they are trying to attract. Brokers with lower minimum deposit requirements typically cater to a more mainstream audience who don't require advanced research tools or features. On the other hand, brokers that require a larger minimum deposit often provide a greater range of trading features, more in-depth technical analysis, research tools, and better risk management features.
Some brokers may waive the minimum deposit requirement to attract new customers but may compensate for it by charging higher transaction commissions and trading fees. As the online trading market becomes more competitive, brokers have reduced their minimum deposit requirements to attract new clients.
However, it's important to note that depending on your trading account type, some brokers may require a higher minimum deposit of up to 10,000 GBP/USD. Therefore, it's essential to research and compares different brokers to determine which best suits your trading needs and budget.
ICM Capital Withdrawal Fees
ICM Capital doesn't charge withdrawal fees.
ICM Capital Withdrawal rules may vary across different brokers when it comes to transferring funds from your ICM Capital or other broker trading account. Each brokerage firm has its specific withdrawal methods. The payment provider associated with ICM Capital may have different transfer processing fees and processing times, affecting how long it takes to receive your funds.
In addition, currency conversion fees may apply if the ICM Capital withdrawal and receiving currencies differ, adding to the overall transaction costs. The currency conversion fee depends on your base currency, receiving currency, and the 3rd party payment provider that is separate from ICM Capital. Researching and comparing ICM Capital withdrawal policies and fees across different brokers is essential before choosing one, especially if you are withdrawing ICM Capital funds frequently or dealing with large sums of money. Awareness of these ICM Capital fees and policies can help you plan and budget accordingly and avoid any unpleasant surprises when transferring your ICM Capital funds.
For example, ICM Capital allows you to withdraw your funds to Bank Transfers, MasterCard, VISA, Credit Cards, Debit Cards, Neteller, Skrill.
ICM Capital Inactivity Fees
ICM Capital does not charge a fee for inactive accounts.
When a trading account goes unused for a certain period, brokerage clients may be charged an account inactivity fee. To avoid such fees, clients may need to fulfill specific trading activity requirements outlined by ICM Capital terms and conditions. It's important to note that inactivity fees are not unique to online trading accounts, as many financial service companies may also charge them.
Make sure you're fully aware of all ICM Capital fees and services. It's recommended that you check the ICM Capital website before signing up. If you decide to close your ICM Capital account, it's important to do so with the ICM Capital broker customer support and obtain confirmation that no remaining ICM Capital fees are due.
Brokers like ICM Capital must disclose any inactivity fees as part of their regulations. The type of account and broker you sign up for, will determine whether or not you can be charged an inactivity fee under certain circumstances.
Certain brokers may levy inactivity fees to recoup the expenses associated with sustaining your account on their trading platforms when there is a shortage of commission fees earned from your trading activities.
ICM Capital Deposit Fees
ICM Capital does not charge deposit fees. Although bank / 3rd party merchant fees may apply.
Reviewing deposit fees before initiating a transaction is imperative, as certain brokers might impose a charge for depositing funds from your payment method to your trading account. The payment method employed for funding your account might also incur a fee.
Depositing funds into your trading account may incur a fee, which could vary depending on the fiat currency used. For instance, depositing funds from a credit card can attract high fees. Additionally, not all brokers accept credit card payments for account funding. It's crucial to review the funding options and associated fees the broker provides before depositing any funds.
ICM Capital Commission Fees
ICM Capital does charge commission on CFD instruments.
Brokerage firms like ICM Capital may charge commission fees as compensation for executing trades on behalf of traders on their trading platforms. Commission fees can vary depending on the type of financial asset being traded and the ICM Capital trading account level held by the trader.
ICM Capital may charge commission fees for fulfilling, modifying, or canceling an order on behalf of its clients. However, if a market order is not fulfilled, no commission fee is usually charged. Reviewing ICM Capital terms and conditions to understand the commission fees and any other charges that may apply is essential.
ICM Capital review
What can you trade with ICM Capital?
It's essential to note that the trading instruments offered under the ICM Capital brand may vary depending on the customer account holder and country of residence due to regulatory restrictions. Besides, the trading platform the customer selects may also impact the available trading instruments. Therefore, before trading, verify the ICM Capital trading instruments available and the regulations governing them based on your account holder, location, and chosen platform.
You can trade a wide variety of instruments with ICM Capital over 5000 instruments in fact.
If you want to trade currency pairs on global Forex markets, ICM Capital offer over currency pairs.
ICM Capital Compared To Other Brokers
Compare ICM Capital with IC Markets and Roboforex below.
How ICM Capital Trading Options Compare Against Other Brokers
Broker | icmcapital | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Instruments Available | 5000 | 2250 | 12000 | 6000 |
Platforms | MT4, Mobile Apps, Android (Google Play), iOS (App Store), Web | MT5, MT4, MetaTrader WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), MetaTrader iPhone/iPad, MetaTrader Android Google Play, MetaTrader Mac, cTrader, cTrader Web, cTrader iPhone/iPad, cTrader iMac, cTrader Android Google Play, cTrader Automate, cTrader Copy Trading, TradingView, Virtual Private Server, Trading Servers, MT4 Advanced Trading Tools, IC Insights, Trading Central | MT4, MT5, R Mobile Trader, R StocksTrader, WebTrader, Mobile Apps, iOS (App Store), Android (Google Play), Windows | eToro Trading App, Mobile Apps, iOS (App Store), Android (Google Play), CopyTrading, Web |
FX / Currencies | ||||
Forex pairs offered | 61 | 35 | 50 | |
Major Forex pairs | Yes | Yes | Yes | Yes |
Minor Forex pairs | No | Yes | Yes | Yes |
Exotic Forex pairs | Yes | Yes | Yes | Yes |
Cryptocurrencies (availability subject to regulation) | Yes | Yes | No | Yes |
Commodity CFDs | ||||
Commodities Offered | 0 | 20 | 21 | 31 |
Metals | Yes | Yes | Yes | Yes |
Energies | Yes | Yes | No | Yes |
Agricultural | Yes | Yes | No | Yes |
Indiced & Stock CFDs | ||||
Stocks Offered | 2100 | 0 | 2042 | |
UK Shares | Yes | Yes | Yes | Yes |
US Shares | No | Yes | Yes | Yes |
German Shares | No | Yes | Yes | Yes |
Japanese Shares | No | Yes | Yes | Yes |
Risk Warning |
Visit ICM Capital
Your capital is at risk |
Visit IC Markets
Losses can exceed deposits |
Visit Roboforex
Losses can exceed deposits |
Visit eToro
51% of retail investor accounts lose money when trading CFDs with this provider. |
ICM Capital review
Trading on ICM Capital web platforms and other applications
ICM Capital offer the popular MT4 forex trading platform. To see a list of the top MT4 brokers, see our comparison of MT4 brokers.
A ICM Capital iOS or Android native App on your phone or tablet will Work quicker Than the Avatrade Website on the same device.
ICM Capital also offer mobile apps for Android and iOS trading apps help you stay on top of your trades and execute them on the go.
See ICM Capital's platformsIs the ICM Capital Trading Platform Secure?
You should take the security of your personal information seriously and check SSL encryption is enabled on the ICM Capital trading platform to protect you on PC and mobile ICM Capital platforms. To further enhance security, we encourage traders to always look for the lock sign on their browser when using ICM Capital web trading platforms.
ICM Capital Trading Platform Options
After logging into your ICM Capital account, you'll find a range of trading platform options available below.
- MetaTrader 4 (MT4)
Please be aware that ICM Capital does not currently support the MetaTrader 5 (MT5) trading platform. However, if you're looking for a broker that does offer MT5, you can check out our list of recommended brokers available through the provided link.
ICM Capital does not support the cTrader trading platform. However, if you're looking for a broker that does offer cTrader, you can explore other options available through the provided link.
Let's explore each of these trading platforms in detail and what options ICM Capital gives you.
ICM Capital review
ICM Capital MetaTrader 4 (MT4)
ICM Capital MetaTrader 4 (MT4) In Detail
MetaTrader 4, commonly known as MT4, has been a well-known and widely used trading platform in the financial markets since its inception in 2005. MT4 on ICM Capital offers traders comprehensive features and tools to enhance their trading performance. The ICM Capital MT4 user-friendly interface and highly customizable trading environment allow traders to tailor the ICM Capital platform to their needs. One of the standout features of MT4 is its charting functionality, which allows ICM Capital traders to analyze price movements and make informed trading decisions. Additionally, advanced order management tools give ICM Capital traders greater control over their trades, allowing them to manage risk better and optimize their trading strategies on the MT4 ICM Capital trading platform.
MetaTrader 4 (MT4) was created mainly for Forex trading, but it can also facilitate the trading of other financial instruments via CFDs and Spread Betting. You cannot trade real assets like stocks, shares, commodities, indices and ETF's on the ICM Capital MetaTrader 4 (MT4) trading platform. MT4 is a platform available with ICM Capital, that facilitates trading financial instruments in the form of CFD contracts or Spread bets. The ICM Capital MT4 platform does not provide access to physical assets such as stocks, commodities, or ETFs for trading. ICM Capital allows trading CFDs and Spread bets, which do not involve owning underlying assets but speculating on price movements, using high risk leverage. To gain more information about the MT4 Platform, click here.
You can start using the MetaTrader 4 platform with ICM Capital in multiple formats including through an online web platform, Through a downloadable application for Windows PCs and Apple Macintosh computers. ICM Capital MetaTrader 4 is compatible with the latest macOS. ICM Capital allows traders to trade on mobile devices through Android and iOS devices like the iPhone.
Metatrader 4 Webtrader on ICM Capital
MetaTrader 4 (MT4) is a widely used trading platform in the world, offering a range of advanced tools and features. Recently, MT4 has been made available as a web-based application through a web browser, enabling traders to access the platform from anywhere.
The web version of MT4 provides the same user-friendly interface and customizable trading environment as the desktop version. With MT4 web, traders can access advanced charting tools, online trading indicators, and a Dealing Desk-free trading environment.
Additionally, traders can enjoy Raw Pricing without any intervention from brokers. Overall, MT4 web is a convenient and efficient way for traders to access the platform and manage their trades.
Trade ICM Capital MetaTrader 4 on iOS Devices
You can download the ICM Capital app or trade with ICM Capital through the MetaTrader 4 application on the Apple app store.
Download the Metaquotes MetaTrader 4 Program free of charge from Apple's App Store. ICM Capital customers have instant access to the financial market and can completely manage a Portfolio on the go.
Trade ICM Capital MetaTrader 4 on Android Devices
Millions of people worldwide use Android mobile devices and tablets, and ICM Capital offers its clients access to the MetaTrader 4 platform on these devices. With the ICM Capital MetaTrader 4 Android application, traders can monitor the financial markets and execute trades directly from their Android-based smartphones and tablets. This app provides access to a range of advanced trading features, allowing ICM Capital traders to stay on top of their trades and react quickly to changes in the market. With the ICM Capital MetaTrader 4 Android app, traders can securely manage their trades on the go, making it a convenient and efficient way to stay connected to the market.
Trade ICM Capital MetaTrader 4 Trading Central
Trading Centrals Alpha Generation Indicators available on ICM Capital are a powerful bundle of three major indicators designed to help traders make informed decisions. ICM Capital MT4 Trading Central indicators include:
- Analyst Perspectives - A valuable resource for traders seeking leadership insights and key levels.
- Adaptive Candlesticks - This indicator is capable of identifying chart patterns that highlight significant changes in demand and supply.
- Adaptive Divergence Convergence (ADC) - Similar to MACD, but with greater utility at shorter lengths, this indicator provides more timely signals.
Trading Centrals Alpha Generation Indicators can help ICM Capital traders better understand market trends and patterns, enabling them to make more informed trading decisions. These indicators can provide valuable insights into market movements, allowing ICM Capital traders to potentially stay one step ahead.
ICM Capital MetaTrader 4 Advanced Trading Tools
The ICM Capital MetaTrader 4 trading platform has advanced tools that enhance the overall trading experience and give ICM Capital traders detailed market tools. With feature-rich trade execution and management programs, sophisticated notification alarms, messaging facilities, innovative market data, and more, ICM Capital provides traders with everything they need to succeed. The ICM Capital MT4 platform also includes a range of technical analysis tools, with 30 indicators built in, 2000 plus free indicators, and the availability of paid indicators, allowing ICM Capital traders to analyze the market at any level of complexity.
Trade ICM Capital MetaTrader 4 MultiTerminal
MetaTrader 4 MultiTerminal offers traders an intuitive and user-friendly dashboard to manage and monitor multiple trading accounts. This powerful tool allows traders to oversee over 128 accounts simultaneously, enabling them to place market and pending orders, view real-time market prices, and track all accounts and equity in real-time.
It's important to note that MultiTerminal only supports trading accounts on the same MetaTrader server and doesn't allow automated trading scripts such as Expert Advisors.
This tool is ideal for traders who manage several accounts simultaneously and require a more efficient and effective way to track and execute trades. You can have up to 10 demo accounts on MetaTrader 4 MultiTerminal.
ICM Capital MetaTrader 4 AutoChartist
Autochartist on the ICM Capital platform is a powerful tool designed to help traders find trading opportunities quickly and easily.
Available for ICM Capital MetaTrader 4 Autochartist can scan the market using an expert advisor script.
With Autochartist, ICM Capital traders can scan multiple markets and timeframes from a single graph, making it easy to keep track of all their preferred symbols without launching multiple graphs. Using Autochartist can save ICM Capital users time and makes the trading process more efficient.
The Autochartist interface is user-friendly and can be customized to suit individual trading preferences. ICM Capital traders can navigate the platform and find the information they need to make informed trading decisions.
ICM Capital Autochartist is a valuable tool for traders who want to stay ahead of the curve and identify trading opportunities quickly and easily. With its powerful features and easy-to-use interface, Autochartist is an essential tool for ICM Capital traders of all experience levels.
ICM Capital Trading benefits
- ICM Capital Allows hedging
- ICM Capital Offers STP
- ICM Capital Low min deposit
- ICM Capital Offers Negative Balance Protection
ICM Capital Trading Accounts Offered
Below we give an overview of the account types that ICM Capital offer. Whatever you are looking to trade, the varying ICM Capital account types will be able to provide you with what you need.
- ICM Capital Demo account
- ICM Capital Standard account
- ICM Capital ECN account
- ICM Capital STP account
Can I try ICM Capital?
ICM Capital provides a demo account that enables individuals to explore trading before investing their funds. By creating a ICM Capital practice account, users can gain experience and knowledge of how to trade effectively. Demo trading accounts like the ICM Capital demo account can help individuals to make informed decisions before investing their money.
Open a demo ICM Capital account to practice and trade.
Your capital is at risk
ICM Capital withdrawal and funding methods
It's essential to remember that the payment methods provided by ICM Capital vary based on the ICM Capital entity and the ICM Capital client's country of residence. To view the ICM Capital payment options available, you can log into your ICM Capital member's area.
ICM Capital offers various funding payment methods listed in your ICM Capital dashboard if available in your region. To learn more about the ICM Capital funding and withdrawal options available in your area, you can explore the ICM Capital website.
ICM Capital provides several payment methods for funding your ICM Capital account. You may utilize any of these deposit options if they are available in your region. ICM Capital ensures that users have multiple payment methods to choose from, making it more convenient for verified ICM Capital account holders to add funds to their accounts. However, it's important to note that the availability of payment methods may vary depending on the ICM Capital user's location. learn more about ICM Capital funding and withdrawal methods.ICM Capital Payment Methods
Some ICM Capital payment methods are local and are available only to specific regions. ICM Capital account holders should check which payment methods are provided in your region.- ICM Capital accepts Bank Transfers
- ICM Capital accepts MasterCard
- ICM Capital accepts VISA
- ICM Capital accepts Credit Cards
- ICM Capital accepts Debit Cards
- ICM Capital accepts Neteller
- ICM Capital accepts Skrill
Broker | icmcapital | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Bank transfer | Yes | Yes | Yes | Yes |
Credit Cards | Yes | Yes | No | Yes |
Paypal | No | Yes | No | Yes |
Skrill | Yes | Yes | Yes | Yes |
Payoneer | No | No | No | No |
Neteller | Yes | Yes | Yes | Yes |
*please note available ICM Capital and other broker payment methods depend on the clients country of residence.
How can I start trading with ICM Capital?
To open a trading account with ICM Capital, individuals can sign up on the ICM Capital website. Upon completing the signup process, users will receive login details via email, which they can use to access their accounts.
The next step involves submitting identification documents for ICM Capital account validation and making a deposit. Once completed, ICM Capital users can download the trading platform of their choice.
It's important to note that ICM Capital requires users to provide essential documentation to verify their identity during onboarding and routine KYC identity checks. These checks are a standard practice that helps ICM Capital maintain a trustworthy financial environment for its 10,000 users. Detailed information on the ICM Capital trading platforms is available on their website.
Your capital is at risk
Performing trades with ICM Capital
When using ICM Capital, the minimum trade size is typically varies units of the base currency of the instrument being traded. However, this amount may vary based on the specific account a user has opened. ICM Capital have a max trade of varies. With the ECN and STP execution methods offered by the platform, traders using ICM Capital can enjoy tighter spreads and greater transparency when it comes to the pricing of their trades.
Like other brokers, ICM Capital margin requirements can differ depending on the traded instrument.
Limiting Your Risk When Trading with ICM Capital Negative Balance Protection
Negative balance protection is important for traders using leverage on platforms like ICM Capital. In an unfavourable market move, leverage can result in a loss that exceeds the trader's account balance, leaving them with a negative account balance. If a ICM Capital trading position does not go in your favour, this is where negative balance protection comes in handy.
Brokers regulated by the Financial Conduct Authority (FCA) must offer negative balance protection as a standard feature. With negative balance protection, ICM Capital trading losses are always limited to the current balance of funds in the trader's account.
Even if an ICM Capital trader experiences a significant loss, they will never owe more money than what is available in their ICM Capital account balance.
It's important for ICM Capital traders to understand the potential risks of trading with leverage and to take advantage of features like negative balance protection to mitigate those risks. By doing so, traders can trade with peace of mind, knowing that ICM Capital losses are limited to the funds available in your ICM Capital account when negative balance protection is in place.
Education Resources at ICM Capital
ICM Capital offer educational resources which include Market News. Please bear in mind that these resources provided by ICM Capital do not guarantee any results when trading. When we checked on the ICM Capital website, these educational resources were not available in every language. Also some financial instruments mentioned in any ICM Capital educational resources may not be available in your region.
To trade effectively with ICM Capital, it's important to have a good understanding of the ICM Capital trading tools and the markets. Make sure you make full use of all education tools. Including educational tools with ICM Capital and externally.
ICM Capital . It's essential to take the time to learn about the financial markets and understand how they move before diving into trading with ICM Capital. Familiarizing yourself with the ICM Capital trading platform is crucial to use it effectively.
While learning, you can also use global trading times to practice making live buy or sell trades using ICM Capital. This hands-on experience can help you gain confidence and become more comfortable with trading.
Furthermore, learning how to mitigate and manage investment risk is crucial. Trading with ICM Capital involves developing a strategy considering risk management techniques such as stop-loss orders, diversification, and position sizing. By effectively managing risk, you can increase your chances of success in the markets.
Learning about the financial markets, trading platforms like ICM Capital, and risk management techniques can help you become a more confident and successful trader.
Take an analytical approach to trading with ICM Capital. Explore the ICM Capital platform and train yourself to think systematically and logically about the markets.
While it may be a new skill set for some, it is what the market requires for success. Developing your trading skills with ICM Capital, before live trading.
Customer Support at ICM Capital
As part of our ICM Capital review, we review customer service options, response times and problem resolution effectiveness on the ICM Capital trading platform. The ICM Capital trading platform supports multiple languages, which includes English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian.
ICM Capital Available Support Types
Based on our experience, we have given ICM Capital a D grade for customer support. We encountered some slow response times or ICM Capital queries that were left unanswered.
Compared to other brokers, ICM Capital offers fewer customer support features. They do not provide live chat support, and their phone and email support can also be slow.
email support and supports a limited amount of Languages. Live chat support supports a limited amount of Languages. Phone support supports a limited amount of Languages.Livechat Support at ICM Capital
Our team tested the live chat support of ICM Capital and found it to be satisfactory. While we received a response within 25 minutes on most occasions, there were instances where we did not receive a response at all.
In addition, we tested ICM Capital support services in various countries and languages and found that ICM Capital were able to effectively resolve our customer issues.
Email Support at ICM Capital
We tested the email support of ICM Capital by sending 25 emails simultaneously, and our experience was mixed. While the answer times were generally excellent, with the fastest response being 3 hours, the slowest response was 6 days. We also encountered some instances where we did not receive any ICM Capital response.
The ICM Capital team did resolve and answer our queries, but the email support from ICM Capital was overall average compared to other brokers we have tested.
Phone Support at ICM Capital
We contacted ICM Capital via phone and received quick assistance within 10 minutes of our call.
The ICM Capital phone support team proved to be helpful and able to resolve our queries and issues over the phone. We also tested the multilingual support provided by ICM Capital and found that they could assist us in various languages.
While we found the ICM Capital phone support satisfactory, there is room for improvement in response time.
See how ICM Capital Support Compares Against Other Brokers
Broker | icmcapital | IC Markets | Roboforex | eToro |
---|---|---|---|---|
Support |
|
|
|
|
Languages | English, Spanish, Czech, Chinese, German, French, Italian, Polish, Portuguese, Romanian, Slovenian,Hindi, Hebrew, Arabic, Russian | English, Japanese, Chinese, Polish, Afrikans, Danish, Dutch, German and more | English, Chinese Simplified, Chinese Traditional, Indonesian, Malaysian, Portuguese, Spanish, Italian, Polish, Arabic, Thai, Russian, and Ukrainian | English, German, Spanish, French, Italian |
Learn More | Visit ICM Capital | Visit IC Markets | Visit Roboforex | Visit eToro |
Risk Warning | Your capital is at risk | Losses can exceed deposits | Losses can exceed deposits | 51% of retail investor accounts lose money when trading CFDs with this provider. |
What you will need to open an account with ICM Capital
As ICM Capital is regulated by FCA (Financial Conduct Authority) (520965).
As a new client of ICM Capital, you will be required to pass a few basic compliance checks to ensure that you fully understand the risks involved in trading and are permitted to trade with ICM Capital in your region. During the ICM Capital account opening process, you will be asked to provide ICM Capital with certain documents, including a scanned copy of your passport, driving license or national ID, as well as a utility bill or bank statement from the past three months to verify your address.
When registering with ICM Capital have the following documents available.
- ICM Capital require a scanned colour copy of your passport, driver's license or national ID card.
- A recent utility bill or bank statement that confirms your residential address for ICM Capital compliance. This must be dated within the last six months.
- If you plan to fund your ICM Capital account using a credit or debit card, you will need to provide a scanned copy of the front and back of your card. You can mask any sensitive information like the CVV code on the ICM Capital platform.
It's worth noting that the expiration date of the proof of address document may differ for different entities under ICM Capital Brand. Additionally, you will need to answer some basic compliance questions to confirm your level of trading experience. This process usually takes around 5 minutes, and once you've passed compliance, you can start exploring ICM Capital's platform.
However, remember that you won't be able to make trades on ICM Capital until you have passed compliance, which may take several days, depending on your circumstances. It's essential to complete the ICM Capital KYC compliance process as soon as possible to avoid any delays in accessing the ICM Capital platform's features.
It is important to note that ICM Capital may request additional documents or information to verify your identity or comply with regulations. The account opening process usually takes a few minutes to complete, and you can start exploring the ICM Capital platform and features immediately. However, you must pass the verification process to start live trading with ICM Capital, which can take up to a few business days.
To start the process of opening an account with ICM Capital you can visit the ICM Capital trading platform here.
Your capital is at risk
You should consider whether you can afford to take the high risk of losing your money.
CFDs are leveraged products and can result in significant losses, excess of your invested capital. All trading involves risk. Only risk capital you're prepared to lose. Past performance does not guarantee future results.
This post is for educational purposes and should not be considered investment advice. All information collected from https://www.icmcapital.co.uk/ on December 19, 2024.
Watch this ICM Capital Explainer Video
Is ICM Capital A Good Broker?
We have spent over 5 years examining ICM Capital in depth. Although we found some very useful aspects of the ICM Capital platform that would be useful to some traders. We feel that a alternative to ICM Capital may better suit you.
- ICM Capital have a good track record of offering Forex trading, Spread Betting, Share Dealing.
- ICM Capital has a history of over 16 years.
- ICM Capital has a reasonable sized customer support of at least 10.
- ICM Capital are regulated by the FCA (Financial Conduct Authority) (520965). ICM Capital is subject to strict regulatory oversight from its respective jurisdiction, which holds ICM Capital (the broker) accountable for misconduct. This regulatory framework helps ensure that ICM Capital operates fairly and transparently and provides ICM Capital customers with a safe and secure trading environment. In any disputes, the regulatory body may also act as an arbitrator to help resolve issue between you and ICM Capital.
- ICM Capital have regulation from reputable regulators.
- One of the advantages of using ICM Capital is the quick processing time for deposits and withdrawals, which typically takes only 2 to 3 days. Fast withdrawals from ICM Capital are particularly important as ICM Capital traders want to receive their money quickly. With the efficient ICM Capital payment processing system, traders can enjoy faster access to their ICM Capital funds.
- ICM Capital have an international presence in multiple countries. Including local ICM Capital seminars and training.
- ICM Capital can hire people from various locations in the world who can better communicate in your local language.
ICM Capital Risk Disclosure
Your capital is at risk
Trading Risk Disclaimer
Trading financial instruments such as foreign currency markets and other financial instruments involves high risk and is unsuitable for everyone. When trading on leverage, the potential for loss is significantly higher than when dealing with just your funds. Risky trading leverage allows you to control larger positions with less capital, increasing both the potential for profit and loss.
You will be exposed to a high risk of loss regarding leverage and margin-based trading.
Furthermore, some off-exchange financial instruments and derivatives may offer varying leverage levels and may not be subject to the same regulatory protections as exchange-traded instruments. As a result, they may be subject to higher levels of market volatility and carry a higher degree of risk.
It is important to note that no investment product, technique, or strategy can guarantee profits, and past performance does not necessarily indicate future results. Any investment involves the possibility of financial loss, and it is important to carefully consider your investment objectives, risk tolerance, and financial situation before making any investment decisions.
Trading financial instruments is a high-risk activity that requires careful consideration and risk management. It is important to be aware of the potential for loss and to only invest what you can afford to lose.
ICM Capital not quite right?
If after reading this ICM Capital review, ICM Capital does not fulfill your needs check out these ICM Capital Alternatives.
Click here to view the best ICM Capital Alternatives
We have spent years researching the best alternatives to ICM Capital. Click the links below to learn more.
After extensive research over several years, we have compiled a list of the most effective ICM Capital alternatives available today. If you are unsatisfied with ICM Capital or want to explore other options, we recommend checking out our carefully curated list of highly-rated ICM Capital alternatives. Follow the links below to learn more about these ICM Capital broker alternatives and choose the one that best suits your trading needs.
- IC Markets Review
- Roboforex Review
- eToro Review
- XTB Review
- XM Review
- Pepperstone Review
- AvaTrade Review
- FP Markets Review
- easyMarkets Review
- SpreadEx Review
- FxPro Review
- Admiral Markets Review
- ThinkMarkets Review
- FXPrimus Review
- Trading 212 Review
- ForexMart Review
- Eightcap Review
- ForTrade Review
- Interactive Brokers Review
- Forex.com Review
- IG Review
- Robinhood Review
- Coinbase Review
- Binance Review
- Oanda Review
- CMC Markets Review
- Hargreaves Lansdown Review
- Ayondo Review
Related ICM Capital Vs Comparisons
Throughout our comprehensive ICM Capital review, we have covered a lot of ground and provided an in-depth analysis of the platform's features and functionality.
If you're interested in comparing ICM Capital against other popular brokers in the industry, check out our ICM Capital Vs pages. Our team has compiled a series of detailed ICM Capital comparison articles, pitting the ICM Capital platform against some of the best-rated ICM Capital competitors in the market. Dive into our informative ICM Capital Vs pages below to find out how ICM Capital stacks up against other leading brokers.
- ICMCapital vs ICMarkets
- ICMCapital vs Roboforex
- ICMCapital vs eToro
- ICMCapital vs XTB
- ICMCapital vs XM
- ICMCapital vs Pepperstone
- ICMCapital vs AvaTrade
- ICMCapital vs FPMarkets
- ICMCapital vs easyMarkets
- ICMCapital vs SpreadEx
- ICMCapital vs FxPro
- ICMCapital vs AdmiralMarkets
- ICMCapital vs ThinkMarkets
- ICMCapital vs FXPrimus
- ICMCapital vs Trading212
- ICMCapital vs ForexMart
- ICMCapital vs Eightcap
- ICMCapital vs ForTrade
- ICMCapital vs InteractiveBrokers
- ICMCapital vs Forex.com
- ICMCapital vs IG
- ICMCapital vs Robinhood
- ICMCapital vs Coinbase
- ICMCapital vs Binance
- ICMCapital vs Oanda
- ICMCapital vs CMCMarkets
- ICMCapital vs HargreavesLansdown
- ICMCapital vs Ayondo
ICM Capital review
ICM CAPITAL Frequently Asked Questions
Read our detailed ICM Capital FAQ Section updated for 2025.
Can I try ICM Capital?
ICM Capital offer a demo account so you can try the ICM Capital platform with virtual trading before you put down a payment. Virtual trading with ICM Capital is zero risk. Learn more here
What funding methods do ICM Capital accept?
Please note that the list of payment methods below depends on the ICM Capital Entity and the client's Country of Residence.
ICM Capital offer the following funding payment methods Bank Transfers, MasterCard, VISA, Credit Cards, Debit Cards, Neteller, Skrill, among other payment methods.
Learn more here
Is ICM Capital safe?
ICM Capital have over 10,000 users. ICM Capital are considered reliable as they are regulated by and checked for conduct by the FCA (Financial Conduct Authority) (520965). Any payments funded to ICM Capital accounts by traders are held in a segregated bank account. For added security,ICM Capital use tier-1 banks for this. Tier 1 is the official measure of a bank's financial health and strength.Trading with ICM Capital is risky, and because the market is so volatile, losses could happen at any time. Do not invest with ICM Capital unless you are prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Your capital is at risk
Is ICM Capital trading good?
ICM Capital is considered good and reputable to trade with ICM Capital. ICM Capital is used by over 10,000 traders and ICM Capital users. ICM Capital offers Forex trading, Spread Betting trading, and Share Dealing trading. Minimum deposit with ICM Capital is 200.
Is ICM Capital trading Legit?
ICM Capital was founded in Luxembourg in 2008. ICM Capital has been facilitating trade on the financial markets for over 16 years. ICM Capital offers clients Forex trading, Spread Betting trading, and Share Dealing trading. All funds deposited to ICM Capital are held in segregated bank accounts for security. ICM Capital is regulated by FCA (Financial Conduct Authority) (520965) so can be considered legit.
Is ICM Capital a good broker?
ICM Capital allows Forex trading, Spread Betting trading, and Share Dealing trading. ICM Capital is overseen by the top tier financial regulators FCA (Financial Conduct Authority) (520965) so can be considered a good broker.
Is ICM Capital trustworthy broker?
ICM Capital is a reliable platform that can be considered trustworthy due to its strict regulatory practices. When you fund money to ICM Capital, money is in a segregated bank account that is separate from ICM Capital company's funds. As a regulated broker, ICM Capital cannot directly access your funds, which minimizes the risk of misappropriation or fraudulent activity by ICM Capital. Instead, your ICM Capital funds are held securely in a separate account designated for your investments, providing protection and peace of mind when trading with ICM Capital. Also ICM Capital is regulated in its local jurisdictions including major financial regulators like FCA (Financial Conduct Authority) (520965).
What is the minimum deposit for ICM Capital?
The minimum deposit to trade with ICM Capital is 200.
How long do ICM Capital withdrawals take?
Withdrawing money from ICM Capital processing time varies depending on the method but averages 1-5 days.
Is ICM Capital regulated?
ICM Capital is regulated by the FCA (Financial Conduct Authority) (520965). Regulatory bodies conduct regular reviews and audits as part of ICM Capital maintaining their regulatory status. You can learn more about these reviews on the regulator websites.
Is ICM Capital a market maker?
ICM Capital is a market maker. Stocks, currency and other commodities and instruments will be brought or sold by ICM Capital even if no buyer or seller is lined up.
How can I start trading with ICM Capital?
When opening a trading account with ICM Capital, you will need to sign up here. After completing the necessary steps of receiving login details via email, submitting identification documents for account validation, and making a deposit, the next step is downloading the preferred trading platform. For detailed guidance on ICM Capital trading platforms, you can follow the link provided below: Learn more about signing up with the ICM Capital trading platform here. This will provide useful information and insights into the various trading platforms offered by ICM Capital, enabling you to make an informed decision about which platform to choose for your trading needs.
Is my money safe with ICM Capital?
Yes your money is safe with ICM Capital.
Overall, strict financial regulation is essential for ensuring that trading platforms like ICM Capital operate fairly, transparently, and responsibly, which ultimately benefits all ICM Capital stakeholders involved.
Trading platforms like ICM Capital must have strict financial regulation for several reasons:
- Protecting ICM Capital Investors: Strict financial regulation ensures that investors who use the ICM Capital trading platform are protected against fraudulent or unethical behavior by the ICM Capital platform or its employees. Financial regulation can help to prevent investors from losing their money due to dishonest practices by the ICM Capital platform.
- Maintaining ICM Capital Financial Stability: Strict regulation helps maintain the financial system's stability by preventing excessive risk-taking when using the ICM Capital trading platform. Regulatory procedures reduce the likelihood of the ICM Capital platform experiencing financial difficulties or failing, which could have ripple effects throughout the financial system.
- Enhancing ICM Capital Transparency: Regulations require trading platforms like ICM Capital to maintain detailed records and disclose ICM Capital client information. Financial regulatory requirements enhances transparency and helps to build trust between the ICM Capital platform and its investors.
ICM Capital is regulated by the FCA (Financial Conduct Authority) (520965). When selecting a broker such as ICM Capital, one of the most critical factors to consider is the broker's regulatory body and regulatory status. Unregulated brokers pose a direct risk to the security of their client's funds, as they operate without any oversight or regulation. In contrast, regulated brokers are subject to strict rules and regulations that prevent them from manipulating market prices or engaging in fraudulent activities. As a reputable broker, ICM Capital ensures that withdrawal requests are processed promptly, demonstrating its commitment to transparency and accountability. However, brokers that violate regulatory rules can face the consequences such as losing their regulatory status in specific regions, highlighting the importance of working with a trusted, regulated broker for your trading needs like ICM Capital.
Is ICM Capital a con?
ICM Capital is regulated and well established, having been in business for over 16 years. ICM Capital is not a con.
Can you make money with ICM Capital?
Although traders have had great success with ICM Capital, trading on the financial markets with ICM Capital is not a get-rich scheme. If you educate yourself, practise with a demo account and carefully plan your trading, your chance of success will greatly increase. Never trade with money you cannot afford to lose. Your capital is at risk.
Does ICM Capital have fees?
ICM Capital doesn't charge withdrawal fees. ICM Capital doesn't charge inactivity fees. ICM Capital doesn't charge deposit fees.
When was ICM Capital founded?
ICM Capital was founded in 2008.
How many people use ICM Capital?
ICM Capital is used by over 10,000 registered ICM Capital users.
What is ICM Capital Headquarters country?
ICM Capital has its head quarters office in Luxembourg .
Does ICM Capital offer negative balance protection?
ICM Capital offers negative balance protection. With Negative balance protection, traders cannot lose more money than they have deposited.
Does ICM Capital offer guaranteed stop loss?
ICM Capital does not offer guaranteed stop loss. With guaranteed stop loss protection, risk is managed. Traders are guaranteed to close your trade at your specified price. Stop Loss orders are guaranteed only during market hours and under normal trading conditions.
Does ICM Capital allow scalping?
ICM Capital does not offer scalping.
Does ICM Capital allow hedging?
ICM Capital offers hedging.
Does ICM Capital offer CFD trading?
ICM Capital does not offer CFD trading.
Does ICM Capital offer STP?
ICM Capital offers STP trading.
How many people use ICM Capital?
ICM Capital is used by over 10000 ICM Capital users and traders.
Is ICM Capital an ECN broker?
ICM Capital offers ECN trading.
Does ICM Capital offer a demo account?
ICM Capital offers a demo account.
Does ICM Capital offer an Islamic account?
ICM Capital does not offer Islamic accounts.
What are the funding methods for ICM Capital?
Please note that funding methods and options available with ICM Capital can be found in the ICM Capital Members area and depend on the ICM Capital client’s country of residence. Please check your specific available payment methods on the ICM Capital website. ICM Capital accept the following funding methods : Bank Transfers, MasterCard, VISA, Credit Cards, Debit Cards, Neteller, Skrill.