ICM Broker Reviews and Full Information

What is ICM Capital?

ICM Capital Limited is a London-based broker operating as a subsidiary 100% controlled by ICM Holding Sarl (Luxembourg). Additionally, operational and support offices have been set up at Dubai as well as Shanghai.

The principal characteristic of the broker is of numerous product options that include OTC Spot foreign exchange and the precious metal OTC, US OTC shares, OTC Energy Futures, OTC Index Futures, Cash CFD.

Market access is available by way of a single account with tight spreads (ECN spread beginning at 0.01 pip) and in-depth liquidity offered through Tier-1 bank, execution of market with no quotes, Live Trading Central Reports, and much more.

10 Points Summary

How Safe Are You With ICM Capital?

Support is provided by the companies that offer support in a variety of languages, through email, phone, or direct chat that is suitable for novice as well as advanced traders. It is an award-winning customer service appreciated by clients. Additionally, to aid with the rapid growth of the trading market for retail Forex, there is the All-Inclusive Education Center designed for traders of all levels.

Furthermore the broker also held different competitions and tournaments to help their clients improve their capabilities and win prize money.

ICM Capital Limited, English Forex, Commodities and CFD trading firms are the main sponsors for Chestersons Polo. British Polo Team in Chestersons Polo.

Awards

Many international awards have recognized ICM's capital as an outstanding establishment in UK as well as within the Mena region, and other regions.

Does ICM Capital a scam or is it safe?

In cases where the condition of the broker's regulation is in fact the primary factor that determines confidence, ICM Capital Limited is committed to adherence to the law and is able to guarantee its legal status through the regulations. ICM capital is authorised and controlled under the Financial Conduct Authority (FCA) who regulates the financial services sector in the UK in the hope of safeguarding consumers and ensuring that the market remains stable.

As one of the most well-known and authoritative experts in the financial sector, FCA status provides guaranteed the funds that clients receive as part of the Financial Services Compensation Scheme (FSCS) that covers up to PS 50,000 for ICM Capital. ICM Capital event into a fantastical.

To exceed, ICM increases this with additional protection up to PS 1,000,000, which is backed by global capital, which is available to every Live account client without additional costs.

Account

ICM Capital release is only one kind of account called ICM Direct. ICM Direct. Brokers make use of market execution whenever liquidity builds up through the principal level 1 bank.

Brokers ensure that spreads on all markets lower across offers, as the historical data shows what spreads are available in EUR USD/EUR in the peak house average at 1.3 pip.

Comparative spread spreads of common spreads, which you can view below. You can also see and contrast the cost of ICM's capital to peers xm.com.

Trading Instruments

Then, ICM Capital has chosen the Central Technical Technical Analysis Package to provide their services and make them available for free to Live Account holders. Central trade can be described as a worldwide benchmark that delivers daily market reports as well as technical analysis of precious metals, forex and oil.

Trading Platforms

ICM Capital is the ICM Capital trading platform has been chosen based on the needs of industrial offerings and the trade parameters that are which are most balanced like speed, reliability , and security. Because of this, customers are able to use ICM Capital Andalstays in Popular Metatrader4.

Trade on the desktop

This is because MetaTrader 4.0 is a highly professional platform that, in addition to allows traders to trade on a regular basis it also comes with powerful technical analysis, graphs as well as modeling software. Furthermore, all customers are able to benefit from automated trades by consulting with expert traders at the terminal.

These programs are written using Metaquotes 4 and allows to analyze and trade in an automatic mode. MT4 is compatible with any device, traders are able to access the trading platform using computers, Mac and Mobile Tablet.

Trading Fees

Additionally, ICM Capital offers an Islamic account to customers who adhere to Muslim faith. Forex Islamic accounts are known as swap-free accounts as they don't require a rollover exchange, or interest on overnight positions that are incompatible with Islamic faith.

So, with the account feature standard it is necessary to rely on rollover rates if hold a position that is long. As an example the position of the original buy of EURUSD will be worn down to -7.86 $ , while sales receive $ 2.68 in each lot.

Brokers also help those who wish to test their trading skills with the possibility of opening the possibility of a demo account that is risk-free.

Deposit & Withdrawal Options

ICM Capital offers several ways to transfer funds for clients' convenience. The money that is deposited will be available in the account of the client within 24 hours. traders can utilize cards, bank transfers and e-Wallets Neteller Skrill, Chinese UnionPay and more.

Additionally there is the ICM has also launched an option for quick funding ICM Capital MasterCard, which is an easy way to fund ICM Capital MasterCard (cards that are issued through Wirecard Card Solutions Ltd) and allows you to transfer the funds of each trade benefit to the client's account for trading quickly. Customers can submit an online application to publish cards for payment each time.

The cost of withdrawal or deposit is different in accordance with the payment method you select. However, the broker offers an additional fee for transfers that exceed $500 for bank transfers as well as other payment methods. For more information on how the charges vary. See the table of specifications below. Visa or MASTERCARD (will will cover 1.75 percent over) and is tax-deductible as well. For company withdrawals, however, the policy includes fees for visa and neteller.

Education

ICM Capital allows you to make trades that are minimum 0.01. This can differ based the type of account you have opened. The maximum trading requirements for a trade can vary based on the instruments and traders. Since ICM capital is a provider of ECN or STP executions and STP executions, you can anticipate to receive a strict spread, with greater transparency than the cost you pay for running your trade.

As a market maker ICM Capital may have lower entry requirements than ECN brokers, who enjoy more trading volume. In addition, they typically have more capital and lower trading requirements. Market makers typically have lower minimum deposits as well as lower minimum trading requirements and there are no commissions on trades.

A nice bonus is that ICM Capital is one of the few brokers to affirm that they don't have a requote. This means that you don't need to worry about slippage (your order is placed at a different rate based on the market you're in).

As with most brokers, margin requirements do vary, based on the account, trader and instruments. You can check the most recent rates on the website.

Customer Support

Another thing to mention in this regard is that although ICM Capital customer service is not 24/7, nevertheless, ICM Capital is known as the best customer-centric broker.

Customer support at ICM Capital is available 24/5. That means you have access to the services they provide from Monday to Friday. The broker will be off on weekends.

Live chat is accessible on the official website. Agents from countries such as Singapore, Chile, Belize, Cyprus, and UAE are ready to assist with needs of the call.

Conclusion

ICM Capital as International Online Forex and CFD trading firms that provide various trading options with the option of new platforms like MetaTrader 4 and accessibility via different devices. In actual fact, ICM trading technology shows incredible trade execution and supports the use of all types of trading.

For the benefit of the customer, the firm offers intelligent spread calculations through liquidity providers on the ECN beginning at 0 pips.

Alternative brokers that offer excellent trading conditions and FCA licenses include FXTM.

Frequently Asked Questions (FAQs)

Which are the kinds of accounts that are offered through ICM Capital?

Standard Nano, Standard, and Max accounts are the three kinds of accounts offered from ICM Capital.

Does ICM Capital charge deposition and withdrawal charges?

If the transaction is not more 200 dollars, ICM Capital does charge on each withdrawal and deposit.

Who is the person who regulated ICM Capital?

The International Financial Services Commission (IFSC) is the body that regulates ICM Capital.

Does a client who is from the US be able to make trades through ICM Capital?

There is no, ICM Capital does not have clients in the US.

Is there a minimum requirement for deposition for ICM Capital? ICM Capital?

The minimum amount of deposit needed to be made by ICM Capital is $200.