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ICM.com Broker Review 2025

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

London

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

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
Pros and Cons
Account Types
Platforms
Pros
Multi-regulated by top-tier authorities
Wide range of tradable assets
Multiple trading platforms (MT4, MT5, cTrader)
Comprehensive Forex education
Cons
Some features and promotions vary by region
Limited cryptocurrency offerings
No US clients
score of blog
5 From 5.0
(1)
Rate this post
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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.

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 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

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

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 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%.

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

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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 the required 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)

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 and stock 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 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 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.

  • Forex: Over 60 major, minor, and exotic currency pairs
  • Metals: Spot and Futures trading on Precious metals, such as Gold, Silver, and Palladium
  • US Stocks: CFDs on major US shares
  • Indices: CFDs on Index Futures, such as Dow Jones, E-mini NASDAQ, FTSE 100, and DAX
  • Energy: CFDs on Energy Futures, including WTI, NGAS, BRENT, and Gasoil
  • Cash CFDs: CFDs with no expiry date on XTI, DOW30, Euro50, BRENT, Germany40, Japan225, UK100, US500, USTech100, France40, and Spain35
  • Crypto: Cryptocurrency CFDs on assets like BTC, BCH, LTC, ETH, XLM, and EOS
  • Commodities: Futures contracts on agricultural products, including Cocoa, Cotton, and Sugar
  • US Treasury & Currency Futures: US10YT, EUR, JPY, CHF, and GBP
  • Securities: Major stock exchanges, including ADX, DFM, CHIX, LSE, and NSDQ

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:

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 and 6+ 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.

  • 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 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 with no 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.

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