ICM Capital Forex Broker keeps up-to-date with the latest trading account information, including ICM ZERO, ICM DIRECT (ECN) maximum leverage of 1:100, trading varieties, and more
Rating Index
Pros
Regulated by the reputable FCA, providing a level of security and consumer protection.
Access to trading via the industry-recognized MT4 platform, known for its reliability and features.
Offers a range of educational tools and resources for traders to enhance their skills.
Cons
Deposit fees are charged for all methods except bank transfers, which may deter some traders.
Limited leverage offering due to regulatory restrictions, potentially limiting profit opportunities.
Customer support is not available 24/7, which may affect traders needing assistance outside of business hours.
ICM Capital broker Accounts
ICM ZERO
ICM DIRECT (ECN)
ICM Capital Account Types
ICM Capital offers two distinct account types for traders: ICM Direct Account and ICM Zero Account. Both accounts provide access to a wide range of trading instruments, including forex, commodities, indices, and CFDs. The key features of each account type are as follows:
- ICM Direct Account:
- Minimum Deposit: $200
- Spreads: Variable spreads starting from 1.3 pips for EUR/USD
- Commission: Commission-free trading
- Leverage: Up to 1:30
- Suitable for: Most traders with some trading experience.
- ICM Zero Account:
- Minimum Deposit: $200
- Spreads: Very tight spreads starting from 0.0 pips for EUR/USD
- Commission: $7 per round lot
- Leverage: Up to 1:30
- Suitable for: Advanced traders looking for competitive trading conditions.
- Access to over 130 financial instruments
- Ability to use Expert Advisors (EAs)
- Real-time news feeds
- Mobile trading platforms available on Android and iOS
- Option to convert to an Islamic account (swap-free)
- Complete the Online Application Form: Fill out the registration form provided on the ICM Capital website.
- Verify Your Email Address: After submitting the application, you will receive an automated email. Click the link in the email to verify your email address.
- Provide Supporting Documents: You will need to submit:
- Proof of Identity: Valid government-issued document (passport, national ID, or driving license).
- Proof of Address: Recent document showing your home address (bank statement, utility bill, etc.).
- Fund Your Account: Once your account is approved, you can deposit funds through various methods including bank transfer, credit/debit cards, and e-wallets.
Both accounts also feature:
ICM Capital Broker Account Opening Process
Opening a live trading account with ICM Capital is a straightforward process that involves the following steps:
The account activation time is typically within 24 hours after all required documents are submitted and verified.
For more detailed information, you can visit the following sources:
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