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.

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 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
- Residence country
- Phone number

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.

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)
- MT4 Android
- MT4 iOS
- Desktop
- Web
MetaTrader 5 (MT5)
- MT5 Android
- MT5 iOS
- Desktop
- Web

cTrader
- cTrader Android
- cTrader iOS
- Desktop
- Web
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 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.

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.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 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 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 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.

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.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 |
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.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 Capital Global Support Channels
The broker offers 24/5 assistance to its clients through multiple channels, including:
support@icm.com | |
Phone | +44 207 634 9779 |
+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

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.
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).

Educational Materials
ICM.com provides a comprehensive range of educational resources, from Forex basics to trading tools.
- Trading Central: Technical analysis and MT4 indicators
- Tools: Economic Calendar and VPS hosting
- Forex Tutorials: Basics and examples
- Glossary: 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 Broker | FXGlory Broker | HFM Broker |
Regulation | FCA, FSRA, FSC, FSA, FSA SVG, FSCA, ARIF | ASIC, FSC, DFSA, CySEC | No | CySEC, DFSA, FCA, FSCA, FSA |
Minimum Spread | Variable Based on the Account Type | From 0.6 Pips | From 0.1 Pips | From 0.0 Pips |
Commission | Variable Based on the Account Type | $0 (except on Shares account) | $0 | From $0 |
Minimum Deposit | N/A | $5 | $1 | From $0 |
Maximum Leverage | 1:200 | 1:1000 | 1:3000 | 1:2000 |
Trading Platforms | MT4, MT5, cTrader, ICM Securities | MT4, MT5, Mobile App | MetaTrader 4, MetaTrader 5 | MT4, MT5, Mobile App |
Account Types | Direct, Zero | Micro, Standard, Ultra Low, Shares | Standard, Premium, VIP, CIP | Cent, Zero, Pro, Premium |
Islamic Account | Yes | Yes | Yes | Yes |
Number of Tradable Assets | 1,000+ | 1400+ | 45 | 1,000+ |
Trade Execution | Market | Market, Instant | Market, Instant | Market, 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.





