Modified:

ICM.com Broker Review 2025

ICM.com Broker Review 2025
Go to Website
Your Capital is at risk.
Company:ICM.com
Founded:2009
Min Deposit:$1
Max Leverage:200
Headquarter:

London

US Accepted:
Commission Free Trading Trading Central Access Securities Investing MAM / PAMM Accounts Currency Futures

Investing and trading in financial markets such as the stock exchange, forex, digital currencies in the form of spot or with leverage face a high inherent risk. According to the statistics of all exchanges and brokers, more than 75% of people lose!

Your Capital is at risk.

About
ICM.com is a London-based brokerage company regulated by FCA, FSRA, FSC, FSCA, and ARIF. The broker has won 40+ global awards, including the “Best Customer Centric Trading Platform MENA 2024”. ICM offers a 10% credit bonus, a $150 referral commission, and access to the Trading Central analysis package.
Contact
ICM Capital Limited, New Broad Street House 35 New Broad St, London EC2M 1NH United Kingdom
Rank and Score
RegulationsCustomer SupportSpread &CommissionsPlatformsDeposit &WithdrawalAccountTypes
1.54Rank 241
Pros and Cons
Account Types
Platforms
Pros
Comprehensive Forex education
Multiple trading platforms (MT4, MT5, cTrader)
Wide range of tradable assets
Multi-regulated by top-tier authorities
Cons
No US clients
Limited cryptocurrency offerings
Some features and promotions vary by region
score of blog
2.3 From 5.0
(3)
Rate this post
4020

ICM.com offers 1000s of trading instruments with leverage options of up to 1:200 and tight spreads from 0.0 pips.

The broker provides commission-free trading across Forex, Metals, and US Stocks. ICM officially sponsors Swisspod and London’s Chestertons Polo in the Park.

ICM.com; Company Background and Regulatory Status

ICM.com was founded in London in December 2009. The broker has over 20 offices across Europe, the Middle East, Africa, Asia, and Latin America.

ICM.com
ICM.com is the official partner of Swisspod, a Swiss-American transportation company with a focus on Hyperloop technology

The company’s global approach has driven it to acquire multipleregulatory licenses, including:

  • Financial Conduct Authority (FCA) with Reg No. 520965
  • Abu Dhabi Global Markets (ADGM) Financial Services Regulatory Authority (FSRA) with Reg No. 210045
  • Financial Services Commission (FSC) of Mauritius under license No. C118023357
  • Financial Services Authority (FSA) of Seychelles with license No. SD201
  • Financial Services Authority (FSA) of Saint Vincent and the Grenadines under Reg No. 1853 LLC 2022
  • Financial Sector Conduct Authority (FSCA) of South Africa with FSP No. 53234
  • Association Romande des Intermediaries Financiers (ARIF) under Reg No. CHE-497.911.976

The company had previously been associated with sports sponsorships, including Newcastle United FC and Fulham FC.

Here are the regulatory details of the various branches of ICM:

Entity / Branch

ICM Capital Limited (UK)

ICM Mena Securities and Financial Products Promotion L.L.C.

ICM Limited (ADGM)

ICM Capital SA (Pty) Ltd

ICM Capital Limited (SC)

ICM Capital Limited (MU)

ICM House AG

Regulation

Financial Conduct Authority (FCA)

Securities and Commodities Authority (SCA)

Abu Dhabi Global Market (ADGM) – FSRA

Financial Sector Conduct Authority (FSCA)

Financial Services Authority (FSA)

Financial Services Commission (FSC)

Association Romande des Intermédiaires Financiers (ARIF)

Regulation Tier

Tier 1

Tier 2

Tier 2

Tier 2

Tier 4

Tier 3

Tier 5

Country

United Kingdom

United Arab Emirates (Dubai)

United Arab Emirates (Abu Dhabi)

South Africa

Seychelles

Mauritius

Switzerland

Investor Protection Fund / Compensation Scheme

N/A

N/A

N/A

N/A

N/A

N/A

N/A

Segregated Funds

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Negative Balance Protection

Yes

Yes

Yes

Yes

Yes

Yes

Yes

Maximum Leverage

1:30 (per FCA limits)

Up to 1:200

Up to 1:200

Up to 1:200

Up to 1:200

Up to 1:200

Up to 1:200

Client Eligibility

Retail & Professional Clients (UK & EEA)

UAE residents & eligible international clients

Professional Clients only

South African & international clients

International clients (outside strict jurisdictions)

Global clients excluding restricted regions

Swiss & eligible professional clients

Note that this ICM Capital review will explore the global branch, which is regulated by the FSC Mauritius.

ICM Capital Table of Specifications

ICM.com has implemented an insurance scheme of up to $1,000,000 for its300,000+ client base. Let’s take a quick look at what the Forex broker has to offer:

Broker

ICM.com

Account Types

Direct, Zero

Regulating Authorities

FCA, FSRA, FSC, FSA, FSA SVG, FSCA, ARIF

Based Currencies

USD, EUR, GBP, SGD

Minimum Deposit

N/A

Deposit Methods

MasterCard, Skrill, Neteller, Bitcoin, MonetixAPM, Finrax, Bank Wire

Withdrawal Methods

MasterCard, Skrill, Neteller, Bitcoin, MonetixAPM, Finrax, Bank Wire

Minimum Order

0.01 lots

Maximum Leverage

1:200

Investment Options

MAM/PAMM Accounts, Securities

Trading Platforms & Apps

MT4, MT5, cTrader, ICM Securities

Markets

Forex, US Stocks, Metals, Index Futures, Energy Futures, Commodities, Cash CFDs, Securities, Crypto, US Treasury & Currency Futures

Spread

Variable based on the account type

Commission

Variable based on the account type

Orders Execution

Market

Margin Call / Stop Out

N/A / 0%

Trading Features

Commission-free Trading, PAMM Accounts, Islamic Account, Economic Calendar, Dynamic Leverage, Equinix Data Center

Affiliate Program

Yes

Bonus & Promotions

Partnership, Referral, 10% Credit Bonus

Islamic Account

Yes

PAMM Account

Yes

Customer Support Ways

Email, Tel, WhatsApp, Ticket, Live Chat

Customer Support Hours

24/5

Trading Accounts

ICM caters to a diverse range of traders with two primary account types:Direct and Zero.

Features

Direct (ECN)

Zero

Base Currencies

USD, EUR, GBP, SGD

USD, EUR, GBP, SGD

Leverage

1:200

1:200

Commission

$0.0

$7/Round lot

Min Order Size

0.01 lots

0.01 lots

Swap Free Option

Yes

Yes

Execution

Market

Market

Stop Out Level

0%

0%

Note that leverage options are flexible and may change depending on market conditions. Also, the stop out level in Asia is 50%.

ICM.com Account Types
ICM Capital Global account types and features

ICM Capital Broker Pros and Cons

Led by Shoaib Abedi, the founder and CEO, the company has won over 40 global awards since 2011, including the “Most Popular Forex Broker 2024” and the “Best Financial Institution 2024”.

However, it has downsides, too. Let's weigh the advantages and disadvantages of trading with the broker.

Pros

Cons

Multi-regulated by top-tier authorities

Some features and promotions vary by region

Wide range of tradable assets

Limited cryptocurrency offerings

Multiple trading platforms (MT4, MT5, cTrader)

No US clients

Comprehensive Forex education

-

Registration and Verification

ICM.com registration is a streamlined experience tailored for traders of all levels. The entire process takes about 5 minutes to complete.

#1 Start from ICM.com’s Official Portal

Head to the broker’s official website and select the “Register” or “Open an Account” button to initiate the sign-up.

#2 Fill in Identification & Contact Details

Provide therequired details as follows:

  • Full name
  • Email
  • Residence country
  • Phone number
ICM.com registration
Enter your information in the form

Then, set a secure password.

#3 Input Residential Profile

Enter your birthdate, nationality, and complete address, including postal code and city.

#4 Submit Financial & Trading Background

Specify your employment status, income bracket, and your prior trading exposure to Forex, CFDs, stocks, or futures.

#5 Configure Your Account Settings

Select preferred trading platform, currency, and account type, then indicate your intended initial deposit.

ICM trading preferences
Specify your trading preferences for the registration

Accept the terms and conditions to finish the registration process.

#6 Verify Your Identity

To go through the ICM.com verification, provide proof of ID (passport or driving license) and proof of address (bank statement or utility bill).

ICM Capital Global Trading Platforms

The broker offers three popular trading platforms and a proprietary solution exclusively for the Securities market.

MetaTrader 4 (MT4)

MetaTrader 5 (MT5)

ICM.com trading platforms
ICM.com supports MT4 and MT5

cTrader

ICM Securities

The wide range of trading platforms allows clients to utilize the robust MT5 indicators, cTrader advanced charting tools, and the MT4 Expert Advisor (EA) capability.

ICM.com Broker Fees Explained

The company charges no commissions for the Futures market andstock trading. Clients can also trade in the Forex market and Metals commission-free via the ICM Direct account.

However, the Zero account has a $7 fee per round lot for Foreign Exchange and precious metals. The table below gathers the trading spread data for the most popular currency pairs.

Forex Pair

ICM Direct

ICM Zero

AUDCAD

3.8

0.4

EURUSD

1.3

0.0

EURGBP

1.3

0.1

GBPJPY

2.1

0.0

USDSGD

13.0

1.2

USDCHF

1.5

0.2

NZDUSD

2.0

0.2

ICM.com Swap Fees

ICM does not publicly disclose detailed information about its swap (overnight financing) fees on the main website.

While some brokers provide a transparent list of daily rollover rates for each instrument, ICM directs clients to view applicable swap charges directly through the MetaTrader platform under the contract specifications of each asset.

However, ICM offers swap-free (Islamic) accounts designed for clients who cannot participate in interest-based transactions.

ICM.com swap free accounts
ICM.com offers Islamic account without any swap fees

ICM.com Non-Trading Fees

ICM.com may apply an inactivity fee to any trading account that remains inactive for a period of four months or longer.

If the Client’s account shows no trading activity during this period, the Company reserves the right, after attempting to contact the Client by phone or email using the latest contact details on record, to classify the account as dormant.

The exact amount of the inactivity fee is not disclosed by the broker.

ICM.com inactivity fee
ICM.com may apply an inactivity fee to your account after four months

Moreover, ICM does not charge any fees to open a live account. However, after registration and during the deposit process, some international bank transfers will incur a fee charged by the bank.

ICM Capital Payment Methods

The broker provides multiple payment options, from Credit/Debit Cards to E-Wallets, to cater to the needs of its global clientele.

  • Bank Wire
  • MasterCard
  • Skrill
  • Neteller
  • MonetixAPM
  • Finrax (Crypto)

Available payment methods may vary by region. Always check with ICM Capital for the most up-to-date information.

ICM payment methods
ICM offers multiple payment methods

ICM.com Deposit

ICM.com hasn’t shared many details about deposit details, such as the minimum deposit amount. Here are the deposit methods:

Deposit Methods

Deposit Fee

Processing Time

Bank Transfer

Various fees by some international banks

1 business day

Credit/Debit Cards

$0

1 business day

E-Wallets

$0

1 business day

Crypto

$0

1 business day

ICM.com doesn’t accept third-party deposits as it violates its anti-money laundering policies.

ICM.com deposit
ICM.com doesn’t accept third-party deposits

ICM.com TRC20 Deposit

Topping up your ICM.com account with USDT via the TRC-20 (Tron) network is a quick and straightforward five-step process.

First, log in to your dashboard and access the “Deposit Funds” section.

Next, select the trading account you want to fund and choose ICM Cashier as the payment method. Then, pick a gateway, Finrax (minimum $20) or Coinspaid (minimum $50), enter the top-up amount, and agree to the terms.

After that, select the TRC-20 network to generate the wallet address, then use your crypto wallet to send the USDT to that address. Finally, check your account summary and “Payment History” to confirm that the ICM.com TRC20 deposit has been completed.

ICM.com TRC20 deposit
ICM.com provides access to crypto TRC20 deposits

ICM.com Withdrawal

Same as deposits, ICM.com offers different ways to withdraw funds from your account. Here are the methods:

Withdrawal Methods

Withdraw Fee

Processing Time

Bank Transfer

Various fees by some international banks

24 working hours

Credit/Debit Cards

$0

24 working hours

E-Wallets

$0

24 working hours

Crypto

$0

24 working hours

Note: Credit/Debit card withdrawal amounts are limited to the original amount deposited using the same card.

ICM.com withdrawal
ICM.com withdrawal terms

ICM.com TRC20 Withdrawal

Withdrawing funds from your ICM.com account via TRC-20 (Tether on the Tron network) is a secure three-step process.

First, log in to your dashboard and access the “Withdraw Funds” section. Next, select the trading account, enter the withdrawal amount, choose a gateway provider (Finrax or Coinspaid), provide your USDT TRC-20 wallet address, and submit the request.

Finally, verify the withdrawal through a confirmation phone call; once approved, the transaction is processed within 3–5 business days, and you can track the status of the ICM.com TRC20 Withdrawal in the “Payment History” section.

ICM.com TRC20 Withdrawal
ICM.com offers crypto TRC20 withdrawals

Does ICM.com Offer Copy Trading or Investment Plans?

While the broker doesn’t offer a dedicated copy trading feature, it has implemented PAMM andMAM services as part of its partnership program for asset managers and professional traders with the following features:

  • No limit on account numbers
  • Adjustable allocation parameters
  • Rebates from ICM
  • Expert Advisor (EA) friendly
ICM Capital MAM Service
Historical reports, a single interface for managing multiple accounts, and customizable performance fee with the ICM MAM Account

ICM.com also provides access to various global stock exchanges, such as NASDAQ, AMEX, NYSE, LSE, and CHIX. So, investors can diversify their portfolios and invest in companies across the United States, Europe, and Arab countries.

ICM Capital Global Tradable Assets

The company offers 1000s trading instruments across 9 asset classes, from Forex to US Treasury & Currency Futures.

In the table below, you can see the different categories and details:

Category

Type of Instruments

Number of Symbols

Competitor Average

Forex

Major, minor, and exotic currency pairs (via Standard, Micro, Ultra Low accounts)

Over 60 currency pairs

50–70 currency pairs

Metals

Spot and Futures trading on precious metals (Gold, Silver, Palladium)

3 main instruments

3–5 instruments

US Stocks

CFDs on major US shares (via MT5 platform)

Over 500 symbols

400–1000 stocks

Indices

CFDs on index futures (Dow Jones, E-mini NASDAQ, FTSE 100, DAX)

Around 14 indices

10–20 indices

Energy

CFDs on energy futures (WTI, NGAS, BRENT, Gasoil)

4 instruments

3–6 instruments

Cash CFDs

CFDs with no expiry on XTI, DOW30, Euro50, BRENT, Germany40, Japan225, UK100, US500, USTech100, France40, Spain35

12 instruments

5 to 15 instruments

Crypto

Cryptocurrency CFDs (BTC, BCH, LTC, ETH, XLM, EOS)

6 instruments

5–10 instruments

Commodities

Futures contracts on agricultural products (Cocoa, Cotton, Sugar)

3 instruments

3–5 instruments

US Treasury & Currency Futures

US10YT, EUR, JPY, CHF, GBP futures

5 instruments

5 to 10 instruments

Securities

Major stock exchanges (ADX, DFM, CHIX, LSE, NSDQ)

5 exchanges

5 to 10 instruments

ICM.com Promotions

The broker has implemented several promotional programs, from referral to a 10% credit bonus, to attract new clients and reward the loyal ones.

  • Affiliate: Refer a friend and win up to $150
  • 10% Credit Bonus: Receive 10% extra credit on each deposit above $1,000
  • Partnership Programs: Become IB, white label, regional partner, or educational partner of ICM
ICM promotions
ICM.com’s various promotions and bonuses

ICM.com Awards

ICM.com has received over 60 international awards, reflecting its strong presence in the financial technology sector. Key recent ICM.com awards include:

  • Most Trusted Forex Broker MENA 2025: Global Business and Finance Magazine
  • Leading Multi-Regulated Broker Middle East 2025: International Business Magazine
  • Best MT5 Trading Platform Middle East 2025: International Business Magazine
  • Most Trusted Cross-Asset Trading Platform: Crypto Expo Dubai 2025
  • Most Popular Forex Broker 2024: The Smart Vision Summit Oman
  • Best Financial Institution 2024: Women Entrepreneurs Conference and Awards Dubai
  • Best Customer Centric Trading Platform MENA 2024: Global Brands Magazine
  • The Bizz Award 2024: World Confederation of Businesses

These awards highlight ICM.com’s recognition across trading platforms, regulatory compliance, customer focus, and overall industry excellence.

ICM.com awards
ICM.com has received over 60 awards

ICM Capital Global Support Channels

The broker offers 24/5 assistance to its clients through multiple channels, including:

Email

support@icm.com

Phone

+44 207 634 9779

WhatsApp

+44 7575 070707

Ticket

Accessible through the “Contact Us” page

Live Chat

Available on the website

ICM.com Geo-Restrictions

The ICM brand has 300,000+ customers and6+ regulatory licenses. While it strives to serve a global clientele, the regulatory requirements and local laws prevent it from providing services in certain jurisdictions, including:

  • United States
  • North Korea
  • China
ICM Broker Geo-Restrictions
A list of prohibited countries for ICM group of companies

Trust Score and User Satisfaction

Oddly, there are not that many ICM reviews on reputable websites like TrustPilot and Forex Peace Army. The broker has garnered mixed feedback on these platforms.

Trustpilot

3.8/5 based on 27 comments

Forex Peace Army

2.7/5 based on 23 reviews

Reviews.io

2.3/5 based on 12 ratings

While 81% of ICM.com reviews on TrustPilot are positive (4-star and 5-star), only 15% are negative (1-star).

ICM.com TrustPilot
ICM Capital Global has replied to 33% of negative comments on the TrustPilot platform

Educational Materials

ICM.com provides a comprehensive range of educational resources, from Forex basics to trading tools.

ICM.com glossary
ICM.com offers a glossary section for trading terms

ICM.com Compared to Other Brokerages

Here's a table comparing the reviewed broker against some of the best companies in the industry:

Parameter

ICM.com Broker

XM BrokerFXGlory BrokerHFM Broker

Regulation

FCA, FSRA, FSC, FSA, FSA SVG, FSCA, ARIF

ASIC, FSC, DFSA, CySECNoCySEC, DFSA, FCA, FSCA, FSA

Minimum Spread

Variable Based on the Account Type

From 0.6 PipsFrom 0.1 PipsFrom 0.0 Pips

Commission

Variable Based on the Account Type $0 (except on Shares account)$0From $0

Minimum Deposit

N/A

$5$1From $0

Maximum Leverage

1:200

1:10001:30001:2000

Trading Platforms

MT4, MT5, cTrader, ICM Securities

MT4, MT5, Mobile AppMetaTrader 4, MetaTrader 5MT4, MT5, Mobile App

Account Types

Direct, Zero

Micro, Standard, Ultra Low, SharesStandard, Premium, VIP, CIPCent, Zero, Pro, Premium

Islamic Account

Yes

YesYesYes

Number of Tradable Assets

1,000+

1400+451,000+

Trade Execution

Market

Market, InstantMarket, InstantMarket, Buy Stop, Stop Loss, Limit, Take Profit

Conclusion and Final Words

ICM.com provides access to 9 asset classes, including Forex and US Treasury & Currency Futures, through MT4/5, cTrader, and ICM Securities platforms.

The broker has 6+ regulatory licenses and a TrustPilot score of 3.8. It supports Skrill, Neteller, and MasterCard payments withno transaction fees.

FAQs

What types of trading accounts does ICM.com offer?

ICM.com offers two main account types: Direct (commission-free with variable spreads) and Zero (tight spreads with a $7 round-trip commission per lot). Both support swap-free options.

Is ICM.com regulated and by which authorities?

Yes, ICM.com is multi-regulated by top-tier authorities such as FCA (UK), FSRA (Abu Dhabi), FSC (Mauritius), FSA (Seychelles), FSA SVG, FSCA (South Africa), and ARIF (Switzerland).

What is the minimum deposit required to open an account?

No fixed minimum deposit is stated, offering flexibility for beginner and professional traders. However, bonus eligibility may require minimum thresholds like $1,000.

Which platforms are supported by ICM.com?

ICM.com supports MT4, MT5, cTrader, and a proprietary ICM Securities platform. All are available via desktop, web, iOS, and Android.

What is the maximum leverage available on ICM.com?

The broker provides up to 1:200 leverage, although this can vary based on market conditions and the regulatory jurisdiction of the client.

Does ICM.com offer commission-free trading?

Yes. The Direct account provides commission-free trading on Forex, Metals, and US Stocks. The Zero account charges $7 per round lot on select instruments.

Are Islamic (swap-free) accounts available?

Yes. Swap-free (Islamic) accounts are available for both account types and are suitable for clients who follow Shariah principles.

What are the available payment and withdrawal methods?

ICM.com supports Bank Wire, MasterCard, Skrill, Neteller, Bitcoin (via Finrax), MonetixAPM, and regional methods. Availability may vary by country.

What is the registration and verification process like?

Registration involves a 6-step process: basic info, address, financial details, platform/account selection, and identity verification with ID and proof of address.

Does ICM.com accept clients from the US?

No, ICM.com does not accept US-based clients due to regulatory restrictions. Other restricted countries include China and North Korea.

Are MAM or PAMM accounts supported by ICM.com?

Yes. PAMM and MAM accounts are available for asset managers. They include performance fee customization, EA support, and multi-account management from a single interface.

What is the typical spread on major Forex pairs?

On EUR/USD, spreads start from 0.0 pips (Zero) and around 1.3 pips (Direct). Spreads vary depending on the account type and market volatility.

How can I contact ICM.com customer support?

You can reach ICM via Email, Phone, WhatsApp, Live Chat, and Ticket system. Support is available 24/5.

0Comment
Trade With The Recommended Service
adE8 Markets Prop Register
Your Capital is at risk.
adIQ Option register
Your Capital is at risk.
adLBank Crypto Exchange register
Your Capital is at risk.
adHF Markets Broker register
Your Capital is at risk.
adpocketoption broker register
Your Capital is at risk.
adMaven Trading Prop Register
Your Capital is at risk.