IC Finance Review 2025
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Updated:
Reason to avoid: Offshore license
Listed Date: April 7, 2019
Top 3 Forex Brokers
Beware IC Finance is a Non-Regulated broker. It is NOT SAFE to trade.
Advertising Disclosure
Updated:
Reason to avoid: Offshore license
Listed Date: April 7, 2019
Beware IC Finance is a Non-Regulated broker. It is NOT SAFE to trade.
No, it is not safe to trade with IC Finance. IC Finance is owned by IC Finance Limited which is an offshore company registered in Vanuatu and claims to be registered with a Vanuatu Financial Services Commission (VFSC) license.
🗺️ Registered in | Vanuatu |
🗺️ Type of License | Offshore License |
🛡️ Is IC Finance safe to trade | No |
🗺️ Recommended Licenses | FCA in UK 🇬🇧 & ASIC in Australia 🇦🇺 |
🖥 Alternative Broker | FP Markets - licensed by ASIC in Australia |
As to the broker’s VFSC license, from our source, it costs €24,000 per year to become a member. However, there is no handbook or guidelines for brokers to run their businesses. Therefore, there is zero protection for traders. We have a detailed article explaining the risk of trading with brokers from Vanuatu.
We advise all investors and traders to avoid IC Finance and other brokers from Vanuatu. Offshore brokers are not reliable, and signing with them might put your investments at risk. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as eToro and XM.com.
Our research revealed that the IC Finance website is inactive. This means the broker has muted its trading offering and does not operate. However, we recommend avoiding and staying alert in case of any proposals.
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