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ICM Capital Forex broker specializes in providing foreign exchange trading services, the company's official website https://clients.icmc..., the company's legitimate regulatory information United KingdomFCAInst Market Making (MM) to enhance the security of the company's address Level 17, Dashwood House, 69 Old Broad St, London, EC2M 1QS, United Kingdom

ICM Capital Forex Broker

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Company Profile

Note: Regrettably, the official website of ICM Capital, namely https://www.icmcapital.my/en/home, is currently experiencing functionality issues. Aspect Information Company Name ICM Capital Registered Country/Area United Kingdom Regulation FCA (Suspicious Clone) and LFSA (Suspicious Clone) Market Instruments Forex, Metals, Futures, Shares, Cash CFDs Account Types ICM ZERO and ICM DIRECT (ECN) Minimum Deposit N/A Maximum Leverage 1:100 Spreads N/A Trading Platforms Meta Trader 4 Demo Account N/A Customer Support Phone: +44 207 634 9770 and Email: support@icmcapital.my Deposit & Withdrawal N/A Overview of ICM Capital ICM Capital is a broker that claims to be regulated by FCA and LFSA. However, this regulation is suspected to be a clone. Their official website is inaccessible triggering reliability issues of their trading platform. ICM Capital offers ICM ZERO and ICM DIRECT (ECN) as account types and clients can trade on Meta Trader 4. Traders can trade Forex, Metals, Futures, Shares, and Cash CFDs on the website. They provide 1:100 as the maximum leverage. Clients can contact them via phone and email. If you are interested, we invite you to continue reading the upcoming article where we will thoroughly assess the broker from various angles and present you with well-organized and succinct information. By the end of the article, we will provide a concise summary to give you a comprehensive overview of the broker's key characteristics. Is ICM Capital Safe or a Scam？ There are significant concerns regarding ICM Capital as a broker. The Financial Conduct Authority (FCA) regulation associated with their license appears to be a suspected clone, which raises suspicions about their legitimacy. (License Type: Institution Forex License; License Number: 520965) Also, The Labuan Financial Services Authority (LFSA) regulation associated with their license appears to be a suspected clone, which raises suspicions about their legitimacy. (License Type: Straight Through Processing(STP); License Number: MB/18/0029) Additionally, the inaccessibility of their official website raises doubts about the reliability and trustworthiness of their trading platform. Therefore, investing with ICM Capital carries a higher level of risk due to these factors. Pros and Cons Pros Cons / FCA (Suspicious Clone) and LFSA (Suspicious Clone) Higher risk Inaccessible website Pros: N/A Cons: Suspicious Regulatory Status: There are concerns about its legitimacy due to suspicions about being a clone of authorized entities like the FCA and LFSA, which could make trading riskier. Higher Risk: Trading with ICM Capital may carry a higher risk due to doubts about its regulatory status and authenticity, potentially leading to financial losses or fraud. Website Accessibility Issues: The broker's website may be hard to access at times, making it difficult for traders to find information or conduct transactions smoothly. Market Instruments: ICM Capital provides access to a range of market instruments, allowing traders to engage in various financial markets. Here are the features of each market instrument offered by ICM Capital: Forex: Forex, or foreign exchange, trading involves the buying and selling of currency pairs. Traders can speculate on the relative value of different currencies, aiming to profit from fluctuations in exchange rates. Metals: Metals trading typically includes precious metals such as gold, silver, platinum, and palladium. Traders can trade these metals against major currencies or other assets, leveraging their value as a hedge against inflation or economic uncertainty. Futures: Futures contracts represent agreements to buy or sell assets at a predetermined price on a future date. ICM Capital offers futures trading across a range of commodities, indices, and other assets, allowing traders to speculate on price movements and manage risk. Shares: Share trading involves buying and selling ownership stakes in publicly listed companies. Traders can speculate on the price movements of individual stocks or trade stock indices, such as the S&P 500 or FTSE 100, which represent baskets of stocks from multiple companies. Cash CFDs: Contracts for Difference (CFDs) are derivative financial instruments that allow traders to speculate on the price movements of various assets without owning the underlying asset. Cash CFDs offered by ICM Capital enable traders to trade on margin, potentially amplifying returns, and access a wide range of markets, including stocks, indices, commodities, and cryptocurrencies. Account Types ICM Capital offers two main account types: ICM ZER and ICM DIRECT (ECN). With ICM ZER, traders can benefit from a maximum leverage of 1:100 without any minimum deposit requirement. This account type provides access to a wide range of products including Forex, Metals, Futures, Shares, and Cash CFDs, with a minimum position size of 0.01 of a Standard Lot. Similarly, the ICM DIRECT (ECN) account offers a maximum leverage of 1:100 with no minimum deposit, allowing traders to access the same variety of products and maintain a minimum position size of 0.01 of a Standard Lot. Feature ICM ZER ICM DIRECT (ECN) Maximum Leverage 1:100 1:100 Minimum Deposit No minimum No minimum Products Offered Forex, Metals, Futures, Shares, Cash CFDs Forex, Metals, Futures, Shares, Cash CFDs Minimum Position Size 0.01 of a Standard Lot 0.01 of a Standard Lot Leverage ICM Capital offers a maximum leverage of 1:100 to traders, providing them with the opportunity to amplify their trading positions by up to 100 times their initial investment. This leverage ratio allows traders to control larger positions with a relatively smaller amount of capital, potentially magnifying both profits and losses. Customer Support Customers can get in touch with the customer service line using the information provided below: Phone: +44 207 634 9770 Email: support@icmcapital.my Conclusion In summary, trading with ICM Capital has risks to consider. There are doubts about its legitimacy and regulatory status, which could lead to financial losses or fraud. Additionally, the broker's website may have accessibility issues, making it hard for traders to find information or trade smoothly. FAQs Q: What are Clone Brokers？ A: Clone brokers are fraudulent entities that attempt to mimic legitimate and authorized financial firms to deceive investors. These fraudulent brokers typically create websites, marketing materials, and other documentation that closely resemble those of legitimate brokers, often including similar names, logos, and regulatory registration numbers. Q: What market instruments can I trade with ICM Capital？ A: You can trade Forex, Metals, Futures, Shares, and Cash CFDs with ICM Capital. Q: What are the account types offered by ICM Capital？ A: ICM Capital offers two main account types: ICM ZERO and ICM DIRECT (ECN). Q: What is the maximum leverage available with ICM Capital？ A: The maximum leverage offered by ICM Capital is 1:100. Q: Which trading platform does ICM Capital use？ A: ICM Capital uses the MetaTrader 4 trading platform.

ICM Capital broker review

Is ICM Capital safe or scam

How to login to ICM Capital?

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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.

Basic Information

Registered Region

United Kingdom

Operating Period

Company Name

ICM Capital Limited (UK)

Abbreviation

ICM Capital

Company employee

Customer Service Email Address

support@icmcapital.my

Contact Number

+442076349770

Company Website

https://www.icmcapital.my/en/home

Company Address

Level 17, Dashwood House, 69 Old Broad St, London, EC2M 1QS, United Kingdom

Facebook

https://www.facebook.com/ICMCapital

How to login to ICM Capital?

ICM Capital Complete Account Guide: Registration, Account Opening, and Login Processes ICM Capital is a well-regulated online trading platform that offers a variety of financial instruments, including forex, CFDs, and commodities. This comprehensive guide will walk you through the processes of registration, account opening, and logging into your ICM Capital account. Part One: Account Registration Process How to Register an ICM Capital Account To start trading with ICM Capital, you first need to create an account. Follow these steps to complete the registration process: Step 1: Accessing the Registration Page Navigate to the ICM Capital website. Look for the "ICM Access" button, usually located at the top right corner of the homepage. Click on the link that states "Don't have an account？" or "Open an account." Step 2: Filling in Required Information You will be directed to a registration form. Fill in your personal details, including your first and last name, email address, and phone number. Create a secure password and confirm it by entering it again. Step 3: Email/Phone Verification After submitting your information, you will receive a verification email. Click the link in the email to verify your account. You may also receive a verification code via SMS. Enter this code to confirm your phone number. Step 4: Identity Verification (if required) Depending on your region or account type, you may need to provide additional identification documents. This can include a government-issued ID (passport, national ID card, or driving license) and proof of address (like a utility bill or bank statement). Step 5: Registration Confirmation Once you complete these steps, you will receive a confirmation email indicating that your registration is successful. You can now proceed to open your trading account. Common Registration Issues and Solutions Email Not Received: If you do not receive the verification email, check your spam folder. If its not there, try resending the verification email from the ICM Capital login page. Verification Issues: Ensure that the documents you submit are clear and meet the requirements specified on the website. If your documents are rejected, you will receive an email detailing the reason. Regional Differences in Registration Some regions may have specific regulations or additional verification requirements. Always check the ICM Capital website for region-specific guidelines. Part Two: ICM Capital Account Opening Detailed Guide Understanding the Difference Between Registration and Account Opening While registration allows you to create a user account, opening a trading account enables you to start trading. You may need to complete additional steps to open a live trading account after registration. Preparation Work Before Account Opening Before you open your account, ensure you have the following documents ready: A valid government-issued ID Proof of address (utility bill, bank statement, etc.) A minimum deposit (usually $200) Detailed Account Opening Steps Step 1: Selecting Account Type Log into your ICM Capital account and navigate to the account opening section. Choose the type of account you wish to open (e.g., Direct or Zero account). Each account type has different trading conditions. Step 2: Submitting Required Documents Upload the required documents for identity and address verification through the ICM Access portal. Step 3: Account Review Process After you submit your documents, the ICM Capital team will review them. This process can take a few hours to a day, depending on the volume of applications. Step 4: Account Activation Once your documents are approved, you will receive an email confirming that your account is activated. Step 5: Initial Setup Log in to your account and set up your trading platform (e.g., MetaTrader 4). You can also fund your account at this stage. Frequently Asked Questions About Account Opening How long does it take to open an account？ Typically, the account opening process takes a few hours to a day, depending on document verification. What documents are required？ You need a government-issued ID and proof of address. Next Steps After Opening an Account Once your account is open, you can deposit funds, start trading, and access various market analysis tools available through ICM Capital. Part Three: ICM Capital Login Process Explained Basic Web Login Process Step 1: Go to the Login Page Visit the ICM Capital website and click on the "ICM Access" button. Step 2: Enter Your Credentials Input your registered email address and password in the appropriate fields. Step 3: Two-Factor Authentication (if applicable) If you have enabled two-factor authentication, enter the code sent to your mobile device. Step 4: Click on Login Press the "Login" button to access your account. Step 5: Troubleshooting Login Issues If you encounter issues, check if your credentials are correct or reset your password. Mobile App Login Process Open the ICM Capital mobile app. Enter your login credentials and follow the same steps as above. Common Login Issues and Solutions Forgotten Password: Click on the "Forgot Password？" link on the login page to reset your password via email. Account Lockout: If you enter incorrect credentials multiple times, your account may be temporarily locked. Contact customer support to unlock it. Technical Issues: Clear your browser cache or try a different browser if you encounter loading issues. Overview of Features After Login Once logged in, you can access your account summary, check your trading history, deposit or withdraw funds, and utilize market analysis tools. Additional Sections Account Security Recommendations Use a strong, unique password and enable two-factor authentication for added security. Regularly update your password and monitor your account for unauthorized activities. Best Practices for Account Management Keep your personal information up to date in your account settings. Regularly review your trading strategies and performance. How to Get Technical Support For any issues, contact ICM Capital's customer support via email, live chat, or phone. Their support team is available during business hours. This guide provides a detailed overview of the registration, account opening, and login processes for ICM Capital. For the most accurate and updated information, always refer to the official ICM Capital website.

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ICM Capital Forex Broker - Complete Information Guide

1. Broker Overview

ICM Capital Limited, established in 2009, is a prominent online forex and CFD broker headquartered in London, United Kingdom. As a private company, ICM Capital operates as a wholly-owned subsidiary of ICM Holding Sarl, which is based in Luxembourg. The broker caters to a diverse clientele, including both retail and institutional traders, and has expanded its reach with operational offices in various regions, including the UAE and Asia-Pacific.

Since its inception, ICM Capital has focused on providing high-quality trading services and has achieved several milestones, including the launch of its operations in the Qatar Financial Centre in 2021. The firm has built a reputation for transparency and efficiency in trade execution, leveraging its ECN (Electronic Communication Network) technology to connect clients with tier-1 liquidity providers. The broker primarily engages in retail forex trading and offers a variety of financial instruments, including commodities, indices, and CFDs.

ICM Capital broker has garnered numerous awards for its services, particularly in the Middle East and North Africa (MENA) region, reflecting its commitment to excellence in the financial services industry.

2. Regulation and Compliance Information

ICM Capital is regulated by several reputable authorities, ensuring a high level of security for its clients. The primary regulatory body overseeing ICM Capital is the Financial Conduct Authority (FCA) in the UK, with registration number 520965. This regulation imposes strict operational standards, including the segregation of client funds and the requirement for the broker to maintain a minimum capital reserve.

In addition to the FCA, ICM Capital is also authorized by other entities, including:

FSC Mauritius (License No. C118023357)
FSA Labuan (License No. MB/18/0029)
FSA Saint Vincent and the Grenadines (License No. 1853 LLC 2022)
ARIF Switzerland (Registration No. CHE-497.911.976)
SCAB Sweden (Registration No. 969792-7961)
QFC Qatar (License No. 00908)

ICM Capital adheres to a robust Know Your Customer (KYC) and Anti-Money Laundering (AML) policy, requiring clients to provide identification and proof of address to ensure compliance with regulatory standards. The firm also participates in the Financial Services Compensation Scheme (FSCS), which protects clients' funds up to £85,000 in the event of insolvency.

3. Trading Products and Services

ICM Capital offers a wide range of trading products catering to various market needs. The broker provides access to over 120 financial instruments, including:

Forex Currency Pairs: More than 34 major and minor currency pairs, including popular pairs such as EUR/USD, GBP/USD, and USD/JPY.
CFDs: Contracts for difference on commodities, indices, and stocks, allowing traders to speculate on price movements without owning the underlying asset.
Precious Metals: Trading in gold and silver, which are popular among traders seeking to hedge against economic uncertainty.
Energy Futures: Including crude oil and natural gas, providing exposure to the energy market.
Indices: Access to major global indices, enabling traders to diversify their portfolios.

ICM Capital regularly updates its product offerings, ensuring that clients can trade a variety of assets. The broker focuses primarily on retail trading services but also provides solutions for institutional clients, including white-label options and asset management services.

4. Trading Platforms and Technology

ICM Capital primarily utilizes the MetaTrader 4 (MT4) platform, which is renowned for its user-friendly interface and advanced analytical tools. The platform supports various trading styles, including scalping and automated trading through Expert Advisors (EAs). Key features of the MT4 platform include:

Customizable Interface: Traders can tailor the platform to suit their preferences, making it easier to navigate.
Advanced Charting Tools: A wide range of technical indicators and charting options are available for in-depth market analysis.
Multi-Device Compatibility: The MT4 platform is accessible on desktop (Windows and Mac), mobile (iOS and Android), and via web browsers, ensuring flexibility for traders.

In addition to MT4, ICM Capital has integrated Trading Central, a leading market research provider, into its platform, offering clients access to daily market reports and technical analysis. The broker also supports cTrader, which is favored by more advanced traders for its superior charting and market depth features.

5. Account Types and Trading Conditions

ICM Capital offers two primary account types to cater to different trading needs:

ICM Direct Account:

Minimum Deposit: $200
Spread: Starting from 1.3 pips on major currency pairs.
Commission: None; trading costs are embedded in the spread.

ICM Zero Account:

Minimum Deposit: $200
Spread: Starting from 0 pips on major currency pairs.
Commission: $7 per round lot traded.

Both accounts allow a minimum trade size of 0.01 lots and provide access to the same range of instruments and leverage options. ICM Capital also offers Islamic accounts, which are swap-free and comply with Sharia law, ensuring no interest is charged on overnight positions.

Leverage varies based on the account type and the asset class, with retail accounts capped at 1:30 for forex products and up to 1:200 for professional accounts. The firm also charges overnight fees for positions held beyond the trading day, which vary based on the asset.

6. Funds Management

ICM Capital supports a variety of deposit and withdrawal methods to facilitate smooth transactions for its clients. The available funding options include:

Bank Transfers: Typically take 2-5 business days to process, with no fees for deposits above $500.
Credit/Debit Cards: Instant deposits with a minimum deposit requirement of $200. Withdrawals to cards can take up to 10 working days.
E-wallets: Including Skrill, Neteller, and PayPal, with varying fees depending on the method used.

The broker has a minimum deposit requirement of $200 across all account types. Withdrawal requests are processed within one business day, but clients should expect to receive funds within 3-5 working days depending on the method chosen. ICM Capital does not charge withdrawal fees for certain methods, such as Neteller and Visa, but fees may apply for others.

7. Customer Support and Educational Resources

ICM Capital provides extensive customer support options, available 24/5 through various channels, including:

Live Chat: Quick response times for immediate assistance.
Email Support: Clients can reach out for help via email, though responses may take longer.
Phone Support: Available for direct inquiries, ensuring clients can get help when needed.

The broker supports multiple languages, including English, Arabic, Mandarin, German, Spanish, and Portuguese, making it accessible to a diverse clientele.

In terms of educational resources, ICM Capital offers a variety of materials aimed at enhancing traders' knowledge. This includes:

Webinars: Covering technical analysis and trading strategies.
Market Analysis: Daily reports and insights provided through Trading Central.
Economic Calendar: Keeping traders informed about market-moving events.

While the educational offerings are beneficial, some users may find them lacking in depth, particularly for advanced trading strategies.

8. Regional Coverage and Restrictions

ICM Capital serves a global market, with clients from various regions, including Europe, Asia, and the Middle East. However, the broker does not accept clients from certain countries, including the United States, North Korea, and other jurisdictions where its services may conflict with local laws.

The broker has established a significant presence in the MENA region, where it has received multiple awards for its services. Its operational offices in Dubai, Singapore, and other locations help facilitate its international reach, while adhering to the regulatory requirements of each region.

In summary, ICM Capital broker stands out as a reputable and secure trading platform, regulated by the FCA and offering a range of trading instruments and competitive conditions. While it has some limitations in terms of available assets and educational resources, the broker's commitment to client security and support makes it a viable option for traders looking to engage in forex and CFD trading.

Latest Reviews

FX3028049359

Philippines

Yes , Capital is a scam broker I asked them 4 times to withdraw my money and failed every time!!! but they always send me the email shows withdraw successful. They put me ONHOLD for more than 4 months without any reasons and every time when I ask the chat support they said is a different department and we cant do anything.

Exposure

2021-09-09

FX2046354843

Philippines

Despite their promise, I still haven't received any funds until today. Traders should note that the broker does not process withdrawals. Don't deposit with them! I started remittance 4 times in 2021, the amount is about. A total of 11.000 USD, they refused to repay my bank account. MT4 account number: 50444945 It has been almost a month since the first withdrawal, and the funds have not yet arrived in my bank account.

Exposure

2021-09-15

孔杰

Taiwan

They just don’t like it when I gain big profits but are perfectly fine slipping my orders and charging large spreads. Avoid ICM Capital if you don’t want to lose your money!

37130

2022-12-13

ICM Capital Forex Broker has an overall rating of 1.55, Regulatory Index 0.00, License Index 0.00, Business Index 7.33, Software Index 4.00 Risk Control Index 0.00.

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ICM Capital Forex Broker

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Basic Information

ICM Capital Forex Broker - Complete Information Guide

1. Broker Overview

2. Regulation and Compliance Information

3. Trading Products and Services

4. Trading Platforms and Technology

5. Account Types and Trading Conditions

6. Funds Management

7. Customer Support and Educational Resources

8. Regional Coverage and Restrictions

ICM Capital Similar Brokers

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