Written by: Adam Nasli
Recommended for: forex trading 4.0/5
Trusted broker: Negative balance protection (terms apply)
Updated: DEC,2022
Popularity: 2 millions people chose this broker overall.
BrokerChooser Score: 4.6/5
ICM Capital review summary
ICM Capital Broker is an international online Forex and CFD trading firm offering access to a diverse range of trading products including Forex and CFDs on Indices, Commodities, Cryptos, Futures, and more.
ICM Capital Limited is a London-based broker, that operates as a wholly-owned subsidiary of ICM Holding SARL (Luxembourg). Additionally, support and operation offices have been established in Dubai and Shanghai.
Is ICM Capital a legit broker?
See how ICM Capital is regulated and whether you should have any concerns using it.
ICM Capital pros and cons
Pro
Cons
- FCA licensed broker with a strong establishment
- Globally recognized and awarded
- Conditions may vary according to regulation and entity
- No 24/7 customer support
ICM Capital main highlights
| Country of regulation | UK |
| Trading fees class | Average |
| Inactivity fee charged | Yes |
| Withdrawal fee amount | $0 |
| Minimum deposit | $200 |
| Time to open an account | 1 day |
| Deposit with bank card | Available |
| Depositing with electronic wallet | Available |
| Number of base currencies supported | 3 |
| Demo account provided | Yes |
| Products offered | OTC Spot Foreign Exchange, OTC Precious Metals, OTC US Stocks, OTC Energy Futures, OTC Index Futures, Cash CFDs |
Fees
Overall, commissions and spreads charged by ICM Capital are at the lower end of the industry average.
Account opening
ICM Capital has one of the best account opening processes we encountered: it’s simple, quick, well-designed and intuitive. We were impressed with the ease of the process.
Deposit and withdrawal
You can withdraw money from your ICM Capital brokerage account via bank transfer, credit/debit card, and electronic wallets such as Apple Pay or PayPal.
Trading platform
At ICM Capital users can trade on 3 interfaces.
Glossary
Not sure what some of the terminology means? Here are the most important and relevant terms used in our review
Legitimacy
ICM Capital is a thoroughly regulated broker, overseen by a number of highly reputable authorities around the world. Many of its clients are entitled to investor protection, depending on their country of residence.
Research
ICM Capital has great charting tools and market analyses on its website. The broker also provides a great news feed, which is available under the Discover menu icon.
Customer service
ICM Capital customer support 24/5 is exemplary, one of the best in the sector. We received fast and comprehensive answers.
