ICM.com offers 1000s 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 multiple regulatory 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
Note that this ICM Capital review will explore the global branch, which is regulated by FSC Mauritius.
ICM Capital Table of Specifications
ICM.com has implemented an insurance scheme of up to $1,000,000 for its 300,000+ 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%.
Registration and Verification
Opening an account with ICM Capital is a straightforward process containing three easy steps.
- Visit the broker’s official website and click “Register”;
- Fill out the personal details form;
- 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)
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 Futures and Stocks trading. Clients can also trade Forex 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 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 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.
Does ICM.com Offer Copy Trading or Investment Plans?
While the broker doesn’t offer a dedicated copy trading feature, it has implemented PAMM and MAM 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 Advisors (EAs) 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.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 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 |
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).
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 with no transaction fees.
