All Share (J203) = 89 817
Rand / Dollar = 18.15
Rand / Pound = 23.50
Rand / Euro = 19.54
Gold (usd/oz) = 3 073.18
Platinum (usd/oz) = 986.71
Brent (usd/barrel) = 73.25
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

ICM Capital Minimum Deposit

ICM Capital Minimum Deposit
 

ICM Capital deposit amount required in order to open a broker account is $200 / R2715 ZAR. ICM Capital is very good when compared to other brokers’ minimum deposit fees, making it accessible to beginner and smaller retail traders.

 

ICM Capital at a Glance

 

🔎 Broker's Name🥇ICM Capital
📍 HeadquarteredLondon, United Kingdom
📅 Year Founded2009
⚖️ Regulating AuthoritiesFCA,
FSRA,
FSA,
FSCA
🌐 Countries not accepted for tradeUnited States,
North Korea,
and several others
☪️ Islamic account (swap-free)Yes
👍 Demo AccountYes
📊 Institutional AccountsNo
📊 Managed AccountsNo
📈 Maximum Leverage1:30
💰 Minimum Deposit200 USD (2 715 ZAR)
💳 Deposit OptionsICM Prepaid MasterCard
Bank Wire
Credit/Debit Cards
Skrill/Moneybooker
Neteller
PayPal
China UnionPay
💳 Withdrawal OptionsICM Prepaid MasterCard
Bank Wire
Credit/Debit Cards
Skrill/Moneybookers
Neteller
PayPal
China UnionPay
💻 Platform TypesMetaTrader 4 (Web, Desktop, Mobile)
📱 OS CompatibilityWindows,
Linux,
MacOS,
Android,
iOS
📈 Tradable assets offeredOTC Spot Forex
OTC Precious Metals
OTC US Stocks
OTC Energy Futures
OTC Index Futures
Cash CFDs

👨‍💼 Languages supported on WebsiteEnglish,
Hebrew,
Chinese,
Spanish,
German,
Portuguese,
Thai
👥 Customer Support LanguagesMultilingual
📆 Customer Service Hours24/5
🚀 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 Minimum Deposit below.

 

ICM Capital Minimum deposit – 9 key points quick overview:

 

  1. ✔️ICM Capital at a Glance
  2. ✔️ICM Capital Minimum deposit – 9 key points quick overview:
  3. ✔️ICM Capital Minimum Deposit
  4. ICM Capital Deposit fees and deposit methods
  5. Step by step guide to ICM Capital deposit the minimum amount
  6. ICM Capital Customer Reviews
  7. ICM Capital Pros and Cons
  8. Conclusion
  9. Frequently Asked Questions

 

📍 Here is our overview of the ICM Capital Minimum deposit as well as the pros and cons as well as features that are offered to traders.

 

ICM Capital Minimum Deposit

 

ICM Capital charges a minimum deposit amount of 200 USD (2 715 ZAR).

 

The minimum deposit amount in USD/ZAR is as per the current exchange rate between the US Dollar and South African rand at the time of writing.

 

ICM Capital is known for providing comprehensive trading solutions and services to both retail and institutional traders from around the world. As a security measure, ICM Capital ensures client fund security by keeping client deposits in segregated accounts, separate from the broker account.

 

ICM Capital Deposit fees and deposit methods

 

ICM Capital Deposit fees and deposit methods

 

📍 ICM Capital offers traders a variety of ways through which they can make the minimum deposit, including:

 

💳 ICM Prepaid MasterCard

💳 Bank Wire

💳 Credit/Debit Cards

💳 Skrill/Moneybookers

💳 Neteller

💳 PayPal

 

📍 The deposit fees that traders can expect are as follows:

 

💳 Skrill/Moneybookers – 0.32 USD (4.35 ZAR) and a country surcharge fee of 1%.

💳 Neteller – 2.5% with a minimum of 1 USD (13.60 ZAR).

💳 PayPal – 3.75% processing fee along with a fixed fee of 0.20 USD (2.70 ZAR) or currency equivalent in EUR or GBP.

💳 Credit/Debit Card – 3.36% with USD, 4.25% with EUR, and 4.61% with GBP.

💳 China UnionPay – fee of 1.50%

💳 ICM Prepaid Card – fee of 1.75%

 

📍 When making deposits, traders can use either of these deposit currencies:

💰 USD

💰 EUR

💰 GBP

 

Traders must also note that international transfers can be subjected to a fee charged by either the bank of the trader or that of ICM Capital. Charges will be taken from the transfer amount and therefore, ICM Capital will only credit the trading account with the funds received.

 

Transfer fees for deposits of 500 USD (6 790 ZAR) will be covered through intermediary and beneficiary banks. ICM Capital cannot be held accountable for bank charges charged by either the sending or the corresponding bank.

 

In addition, traders must note that deposits can take between a business day and up to several business days depending on the payment method used. ICM Capital cannot be held liable for any delays in payment processing and traders must refer to their banking institution if delays occur.

 

Step-by-step guide to ICM Capital deposit the minimum amount

 

📍 To deposit the minimum amount, traders must ensure that their live trading account has been approved and that they have access to the full suite of features.

 

🔴Step 1 – Log in

Traders can log into their account on the ICM Capital website and navigate to the option to make a deposit.

Traders will be prompted to provide their preferred payment method followed by the amount that they wish to deposit.

 

Step by step guide to ICM Capital deposit the minimum amount STEP 1

 

🔴Step 2 –Choose Deposit Currencies

Traders must also choose between the various deposit currencies and follow any additional steps to confirm the deposit.

 

Step by step guide to ICM Capital deposit the minimum amount STEP 2

 

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 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.

ICM Capital Minimum Deposit

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.

ICM Capital Minimum Deposit

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 Minimum Deposit

ICM Capital Customer Care

 

ICM Capital Pros and Cons

 

✔️ Pros❌ Cons
Competitive trading conditions, low spreads, and commission-free trading optionsDeposit fees are charged
ICM Capital is a trusted brokerWithdrawal fees are charged

 

Conclusion

 

ICM Capital deposit amount required in order to open a broker account is $200 / R2 715. ICM Capital is very good when compared to other brokers’ minimum deposit fees, making it accessible to beginner and smaller retail traders.

 

You might also like: ICM Capital Review

You might also like: ICM Capital Account Types Overview

You might also like: ICM Capital Demo Account – Step by Step

You might also like: ICM Capital Fees and Spreads

You might also like: ICM Capital Islamic Account Overview

You might also like: ICM Capital Sign up Bonus

 

Frequently Asked Questions

 

Are my deposits safe with ICM Capital?

As the regulatory status of a broker is key to its trustworthiness, ICM Capital is focused on compliance with the law

 

How do I make a deposit and withdrawal with ICM Capital?

  • ICM Prepaid MasterCard
  • Bank Wire
  • Credit/Debit Cards
  • Skrill/Moneybookers
  • Neteller
  • PayPal

 

Does ICM Capital charge withdrawal fees?

Yes, ICM Capital charges withdrawal fees as follows:

  • Bank Transfer – 15 GBP (288 ZAR)
  • Skrill/Moneybookers – 1% with a minimum of 0.49 USD (9.40 ZAR) and a maximum of 10 USD (192 ZAR)
  • PayPal – 2%
  • China UnionPay – 5 USD (96 ZAR)
  • ICM Prepaid Card – 1.95 USD (37.50 ZAR)

 

How long does it take to make a withdrawal?

This will depend on the payment method that the trader uses along with the internal processes of each institution.

 

Will I receive a bonus if I refer a friend or family to ICM Capital?

ICM Capital does not currently offer referral bonuses to new traders.

5/5 - (5 votes)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

April 19, 2024

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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