Pros
  • ECN broker
  • Various payment options including Skrill and Neteller
  • Regulated broker
Cons
  • Technical support only available during weekdays and not 24/7
  • Withdrawals more than once a month are charged commissions

Reviewed Broker: ICM Capital 

Established in 2011

Operated by: subsidiary of ICM Holdings SARL – its parent holding company based in Luxembourg.

Location: United Kingdom

Regulation: ICM Capital Limited is authorised and regulated by the Financial Conduct Authority UK (FCA), Financial Services Commission of Mauritius FSC, Financial Services Authority of Labuan LFSA, Financial Services Authority of Saint Vincent and the Grenadines SVGFSA, Financial Sector Conduct Authority (FSCA) of South Africa

Trading Instruments:  FOREX and CFD Contracts on Oil (WTI & Brent), Indices, precious metals and Bitcoin

Awards: Most Innovative Stock Broker MENA 2023 International Business Magazine Awards,

Top Retail and Institutional Broker MENA 2023 International Business Magazine Awards,

Best Forex Customer Service Broker UK 2023 World Economic Magazine,

Best Forex Broker Asia 2023 Global Business and Finance Magazine

Trading Conditions and Features

ECN / STP broker: yes

Deep liquidity directly from tier-1 banks

Ultra-fast market execution with no re-quotes

Total forex currency pairs: 32

Maximum leverage: 1:200

Demo account: available

Islamic accounts:  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 Islamic faith.

Account types

ACCOUNT TYPEICM DIRECT (ECN)ICM ZERO
CurrenciesUSD, EUR, GBP or SGDUSD, EUR, GBP or SGD
Leverage1:2001:200
Spreadtypical spreads of 1.3 pips on the EUR/USD0
Commission0$7/Round lot
Minimum Transaction Size0.01 of a Standard Lot0.01 of a Standard Lot
Instruments AvailableForex, Metals, Futures , Shares, and Cash CFDsForex, Metals, Futures , Shares, and Cash CFDs
Stop/Limit LevelsNo Minimum for Forex & MetalsNo Minimum for Forex & Metals
Available toGloballyGlobally
Trading Central Market Newsyesyes
Expert Advisoryesyes
Real Time News Feedyesyes
Mobile Trading Platformyesyes
Segregated accountsyesyes
Charts & Platformsyesyes
Free video tutorialsyesyes
Fifth Decimalyesyes
Personalised Service in +16 Languagesyesyes
SMS Updatesyesyes
Swap free Islamic accountsyesyes
Complementary Premium Servicesyesyes
Custom Trading Conditionsyesyes
ExecutionMarket ExecutionMarket Execution
Stop out level(5)00
Trading PlatformsMT4: Windows, Mac, iOS, AndroidMT4: Windows, Mac, iOS, Android

Platform Comparison

Metatrader 4

  • Expert Advisor (EA) capability
  • Forex, precious metals and CFDs
  • MT4 is available in 30 languages
  • Free MT4 iOS and Android apps
  • Trade on both PC (MS Windows) and Mac (OS X)

cTrader

  • Depth of Market (Level II) pricing
  • Detachable charts
  • Automated trading through a dedicated platform
  • Next generation user interface and charting techniques
  • Extensive back testing facilities

Payment Methods

payment options with the broker: bank wire and debit/credit card (Visa, American Express and MasterCard), Skrill, Neteller, ICM Capital Prepaid MasterCard®.

ICM Capital MasterCard

ICM Capital has launched its very own Mastercard®. We believe the main advantage for you is that it enables the transfer of funds between your trading account and your ICM Capital MasterCard. Now you can easily withdraw your any trading profits you have made, wherever they are in the world! 

Minimum deposit requirement: $200

How was the rating of ICM Capital performed compared to other brokers? 

This 2024 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on ICM Capital FX broker performance and features. 

Overall our online ICM Capital review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online ICM Capital or you find inaccurate details ICM Capital broker review please get in touch with us and the changes will be applied. 

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