ICM Capital offers traders two distinct and dynamic account types that can be registered. Each of these account types has its own features and is tailor-made for different traders. Both accounts have the same Leverage up to 1:30.
ICM Capital at a Glance
| 🔎 Broker's Name | 🥇ICM Capital |
| 📍 Headquartered | London, United Kingdom |
| 📅 Year Founded | 2009 |
| ⚖️ Regulating Authorities | FCA, FSRA, FSA, FSCA |
| 🌐 Countries not accepted for trade | United States, North Korea, and several others |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | No |
| 📊 Managed Accounts | No |
| 📈 Maximum Leverage | 1:30 |
| 💰 Minimum Deposit | 200 USD (2 715 ZAR) |
| 💳 Deposit Options | ICM Prepaid MasterCard Bank Wire Credit/Debit Cards Skrill/Moneybooker Neteller PayPal China UnionPay |
| 💳 Withdrawal Options | ICM Prepaid MasterCard Bank Wire Credit/Debit Cards Skrill/Moneybookers Neteller PayPal China UnionPay |
| 💻 Platform Types | MetaTrader 4 (Web, Desktop, Mobile) |
| 📱 OS Compatibility | Windows, Linux, MacOS, Android, iOS |
| 📈 Tradable assets offered | OTC Spot Forex OTC Precious Metals OTC US Stocks OTC Energy Futures OTC Index Futures Cash CFDs |
| 👨💼 Languages supported on Website | English, Hebrew, Chinese, Spanish, German, Portuguese, Thai |
| 👥 Customer Support Languages | Multilingual |
| 📆 Customer Service Hours | 24/5 |
| 🚀 Open an Account | 👉 Open Account |
Min Deposit
USD 200
Regulators
FCA,
FSRA,
FSA,
FSCA
Trading Platform
MT4
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
📍 Choose your quick section of our ICM Capital Account Types below.
ICM Capital Account types – 11 key points quick overview:
ICM Capital at a Glance- ICM Capital Account types – 11 key points quick overview:
- ICM Capital Overview
- ICM Capital Account Types
- ICM Capital Account Features
- ICM Capital Demo Account
- ICM Capital Islamic Account
- ICM Capital Customer Reviews
- ICM Capital Pros and Cons
- Conclusion
- Frequently Asked Questions
ICM Capital is regulated and authorized by the reputable, strict Financial Conduct Authority (FCA) to offer its services to traders from around the world, excluding those who reside in the United States, North Korea, and several other territories where trading services will interfere with local laws.
ICM Capital Overview
ICM Capital is a No-Dealing Desk (NDD) and Market Maker broker that is based in the United Kingdom, offering trading solutions and services since 2009. ICM Capital is a global forex and CFD broker that has built a good reputation as a globally recognized brand.
ICM Capital is regulated and authorized by the reputable, strict Financial Conduct Authority (FCA) to offer its services to traders from around the world, excluding those who reside in the United States, North Korea, and several other territories where trading services will interfere with local laws.
ICM Capital is well-known for its commitment to transparent pricing schedules as well as high-quality trade execution. ICM Capital serves both individual retail and institutional clients, with subsidiary offices located in more than 10 locations spread across Africa, South America, and Asia Pacific.
Traders can trade more than 130 financial instruments through the popular, user-friendly MetaTrader 4. ICM Capital uses innovative and reliable ECN technology that connects traders to some of the best liquidity providers such as Tier-1 banks. This ensures that it is consistent, has deep liquidity and decent market execution speeds with minimal requotes on trades.
In addition to its commitment to excellent trading services and solutions, ICM Capital also guarantees commitment to a Corporate Social Responsibility (CSR) policy, supportive of several projects that are aligned with this initiative.
ICM Capital is involved with a variety of sports sponsorships such as the world cycling Revival, the football club ‘Fulham FC’, and the England Polo team, to only name a few.
ICM Capital has received more than 20 industry awards since its inception, including the award for ‘Best Forex Broker’, ‘Best Institutional Forex provider’, and several others.
ICM Capital Account Types
📍 ICM Capital offers traders two distinct and dynamic account types that can be registered. Each of these account types has its own features and is tailor-made for different traders. The accounts available to traders are:
ICM Direct Account
ICM Zero Account
ICM Capital Account Features
📍 Traders should note that there are several features that both the ICM Direct and the ICM Zero Account share, these are as follows:
Minimum deposit from 200 USD (2 715 ZAR)
Both accounts have the same Leverage up to 1:30
Minimum lot size from 0.01 of a standard lot
Access to forex, metals, futures, shares, and Cash CFDs
Absence of a limit on the stop/limit levels for forex and metals
Access to Trading Central
Ability to use Excerpt Advisors (EAs)
Real-time news feeds
Access to Mobile Trading Platforms on either Android or iOS
The assurance that client funds are kept in segregated accounts
Access to all charts as well as trading software and platforms
Free video tutorials
Fifth decimal pricing on all trades
Personalized services presented in more than 16 languages
SMS Updates
The option to convert the account to an Islamic or Swap-free account
Complimentary premium services
Custom trading conditions for professional traders
Market execution at optimal speeds with minimal requotes and low latency
Stop-out level of 50%
Deposit currencies: EUR, USD, or GBP
ICM Direct Account
📍 This account is intended for most traders who have some trading experience, skill, and knowledge. This account type offers the following distinct features:
Variable spreads that start from 1.3 EUR/USD
Commission-free trading on all financial instruments
ICM Zero Account
📍 The ICM Zero Account offers more advanced traders the best possible trading conditions along with the following unique features:
Spreads that start from 0.0 pips EUR/USD
Commissions that start from 7 USD (96 ZAR) per round lot
Min Deposit
USD 200
Regulators
FCA,
FSRA,
FSA,
FSCA
Trading Platform
MT4
Crypto
Yes
Total Pairs
0
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
ICM Capital Demo Account
ICM offers traders the option of registering a demo or practice account before committing to a live trading account. This account can be used in the following ways:
A practice account used by beginner traders who want to build their trading skills and experience.
More seasoned traders who want to test out various trading strategies in a safe and risk-free trading environment before implementing them.
Traders who want to explore the offering of ICM Capital to see if it meets their unique trading needs and objectives before they register for a live trading account.
The demo account offered by ICM Capital can be accessed through the various MetaTrader 4 channels whether over the web, the desktop application, or the mobile app. Traders must, however, note that the demo account is only available for 30 days, after which it will expire.
ICM Capital Islamic Account
The purpose of an Islamic Account is that it caters specifically to Muslim traders who follow Sharia law. The law prevents its followers from paying any type of interest, such as overnight fees, which is seen as wasteful or exploitative.
Overnight fees are charged should traders hold positions open for longer after the trading day has concluded and this type of account allows exemption from such fees or interest, should they hold positions open for longer.
An advantage that ICM Capital offers its traders, especially Muslim traders, is that they can convert either the ICM Direct or the ICM Zero Account to that of an Islamic Account. This allows Muslim traders the opportunity to access competitive trading conditions while being exempted from overnight fees and subsequent interest, prohibited by Sharia law.
ICM Capital Customer Reviews
I had issues with my skrill and that…
I had issues with my skrill and that caused some delays of about a week in my withdrawal processing but as soon as skrill sorted out my account the money landed.
Processes went smoothly
Just want to say that I was recommended by a friend to trade with ICMCAPITAL and so far after 3 months all deposits and withdrawals have gone smoothly and hoping to continue trading with them.
The company is so trusted
The company is so trusted, and the company’s employees were super professional and helpful.
ICM has a low spread, no commission, and nice offers.
ICM Capital Pros and Cons
| ✔️ Pros | ❌ Cons |
| Competitive trading conditions | Clients from the United States, North Korea, and several other regions not accepted |
| Demo account provided | Commissions are not the lowest |
| Expert analysis provided by Trading Central | Demo Account is only available for 30 days |
| Islamic Account option available on both account types | Fixed spread accounts are not offered |
| MetaTrader 4 offered | Incomprehensive education |
| Range of trading tools | |
| Strict regulation |
Conclusion
ICM Capital offers traders two distinct and dynamic account types that can be registered. Each of these account types has its own features and is tailor-made for different traders. Both accounts have the same Leverage up to 1:30.
You might also like: ICM Capital Review
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Frequently Asked Questions
Trading environment
How many instruments can I trade with ICM Capital?
You can trade more than 130 financial instruments from these asset classes:
- OTC Spot Forex
- OTC Precious Metals
- OTC US Stocks
- OTC Energy Futures
- OTC Index Futures
- Cash CFDs
Does ICM Capital offer leverage?
Yes, ICM Capital offers leverage. As a result of strict requirements and restrictions of the FCA, traders only have access to leverage up to 1:30.
What spreads can I expect with ICM Capital?
You can expect variable spreads that start from 0.0 pips on the ICM Zero Account.
Does ICM Capital allow hedging and scalping?
Traders can execute most trading strategies as the broker allows high-risk strategies such as hedging and scalping.
What is the overall rating out of 10 for ICM Capital?
8/10.
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