Company Brief:

ICM Capital Limited is a London based broker, operates as a wholly owned subsidiary of ICM Holding SARL (Luxembourg). Additionally, support and operation offices have been established in Dubai and Shanghai.

ICM Capital is a MetaTrader and cTrader broker. The key features of the broker consist of wide product variety – OTC Spot Foreign Exchange, OTC Precious Metals, OTC US Stocks, OTC Energy Futures, OTC Index Futures, Cash CFDs and Cryptocurrencies CFDs (Bitcoin).

Markets are accessible through one account offering tight spreads (ECN Spreads starting from 0 pips), deep liquidity provided by the Tier-1 Bank, leverage with the maximum of 1:200, speedy no-requotes market execution with live streaming and Trading Central reports, and as addition rewards program with 10% credit bonus on all new deposits.

The support is provided by the company in multiple languages, via telephone, email and live chat is suitable for the beginner and the advanced traders and is an award-winning Customer Support service as well highly regarded by the clients. Furthermore, to assist in the fast growing retail Forex market, an all-inclusive education center designed for traders at all levels.

*Besides, the broker performs various contests and championships to let their traders improve skills and win valuable prizes.

* ICM is the Club’s Official, FX Trading Partner in a deal running until the end of the 2018-19 season of Fulham Football Club.

* ICM Capital Limited, the British Forex, Commodities and CFD’s trading firm is an Official Sponsor of the England Polo Team at Chestertons Polo.

Various international awards, have recognized the broker by UK institutions, as well in the MENA regions, hereby only a few latest ones:

  • Best Forex Global Platform | 12th Jordan Forex Expro 2017
  • Best Mobile Trading Platform | 12th Jordan Forex Expro 2017.
  • Best Institutional Forex Broker | 16th MENA Forex Expo 2016
  • Most Transparent FX Broker 2015 | 8th Saudi Money Expo and Conference 2015

ICM Capital review

Licenses, Regulations & Security of funds:

ICM Capital Limited is focused on compliance with the law and regulation to ensure the trustworthy. The broker is authorized and regulated by the Financial Conduct Authority (FCA), which regulates the financial services industry in the United Kingdom, with the aim to protect consumers and ensure the industry remains stable.

The security of funds provided to the clients under the Financial Services Compensation Scheme (FSCS) covering up to £50,000 in the event ICM Capital becomes insolvent. To go above, the broker enhanced this with additional protection up to £1,000,000 backed by substantial global capital and available to all live account clients with no additional cost.

Trading Platforms and Tools:

ICM Capital’s trading platforms have been selected according to important in trading parameters like speed, reliability and security. For that reason, clients having a choice of 2 platform – MetaTrader4 or cTrader.

The choice is on the client, he can use one of the platforms or both simultaneously since account allows so.

*MetaTrader 4 is a highly professional platform that not only allows you to actively trade, it also has powerful technical analysis, charting and modeling tools. Also, all clients can benefit from auto trading by use of Expert advisor in the terminal. Those programs are written in MetaQuotes Language 4 and allowing to analyze and trade in the automatic mode. MT4 is suited for all devices, the trader can access the trading environment by PC, Mac, mobile or tablet.

Withal, ICM Capital has chosen Trading Central’s technical analysis package for their product offering and provided free of charge for live account holders. Trading Central is a global benchmark provides daily market reports and covering technical analysis for Forex, Precious Metals and Oil.

*cTrader is an independent trading platform maintained on an Electronic Communication Network (ECN) technology and is developed for Futures Contracts trade and Foreign Exchange. cTrader is known for its diverse technical analysis and possibility to run Robots. The platform is also available for traders as a standard desktop version, as well as Web Terminal, iPhone/ iPad app from the iTunes and Android application.

Inserted platform’s toolbar includes powerful features to support the trade. There you will find a Pip Calculator, Pivot Calculator, Economic Calendar, the Trading signals which allows to subscribe to the signal feeds of other traders and automate trading via cTrader Algo. For the clients who maintain a balance of 4,000$ in their account, the VPS technology is available to run trade without interruption. 

ICM Capital aims to give all information client need to make trades smarter. For that reason, they perform transactional transparency through fast execution performance. The standard account average speed is about 0.035 seconds for opening, and 0.023 for closing the deal. Another part of the transparency is price improvement technologies, which are widely used by the company.

Accounts:

ICM Capital release only one account type named – ICM Direct. The broker uses market execution while liquidity accumulated via major Tier 1 global banks. To open an account and access live trade client has to deposit 200$, leverage level will be offered up to 1:200 with availability to trade in micro lots. The company keeps the spreads for all markets consistently lower, historical data show that spread for EUR/USD during peak house averages at 1.2 pips.

ICM Capital offers Islamic accounts to clients following the Muslim faith. Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against the Islamic faith.

The broker also caters to those who want to practice their trading techniques, by providing an option of opening a risk free Demo Account.

Deposits and Withdrawals:

ICM Capital offers several ways to transfer funds for the clients’ convenience. The deposited money will be active in clients’ account within 24 hours. The investors can use bank transfer (the company covers the transfer fees for deposits above 500$), Visa or Mastercard (will include a fee of 1.75% above), and range of e-wallets Neteller, Skrill, China UnionPay which are taxable by fees also. However, for the withdrawals company covers fee expenses for Visa and Neteller options.

Yet, the ICM has launched a solution for an easy funding – the own Mastercard (the card issued by Wirecard Card Solutions Ltd), that enables to transfer funds of any trading profits from the client’s trading account easily, within 24 hours. Clients can submit an online application for card issuance with one-time payment fee of 40$.

Conclusion:

ICM Capital as an international online Forex and CFD trading firm offering a diverse range of trading products, through the choice of powerful renewed platforms MetaTrader 4 and cTrader which demonstrates great trade execution and allow all trading styles. For the Clients benefit, the company offers smart spreads calculation with ECN Spreads from 0 pips and deep liquidity providers, mobile trading, technical analysis and much more.

A major point is the company reliability and trustworthiness. As regulated by FCA, the broker maintains secure trading as well upholds additional insurance of $1 million coverage. Lastly, the account with the quite small deposit requirement of 200$ must be considered by the beginning traders, as well platform’s extended features can support in the beginning too, nevertheless to be as a powerful tool for professional traders too.

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