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    ICM:ICM Capital-Overview Guide of This Broker

    Abstract:ICM Capital Limited is a leading global forex dealer offering 24-hour online Forex and CFD trading. The company was founded in 2009 and is based in London, UK. The company currently holds a full license from the U.K. Financial Conduct Authority (FCA) (registration number 520965), a retail forex license from the French Prudential Regulation Authority (BDF), and a straight-through license from the Marcia Labuan Financial Services Authority.

      General Information & Regulation

      Founded in 2009, based in London, ICM.com is a British multinational established brand regulated and authorised in various jurisdictions around the world:ICM Capital Limited (UK) regulated and authorised by Financial Conduct Authority (FCA) registration number: 520965;ICM Capital (Labuan) Limited regulated and authorised by Financial Services Authority of Labuan under license number: MB/18/0029; ICM Capital Limited (VC) regulated by the Financial Services Authority of Saint Vincent and the Grenadines under number: 23683 IBC 2016; ICM Capital Limited (MU) Limited is regulated and authorised by Financial Services Commission of Mauritius under license number: C118023357. ICM Brand does not provide services to residents of the USA, North Korea and a few other countries.

      Market Instruments

      Financial instruments available for trading online with ICM Capital include Forex Currency Pairs (major, minor & exotic FX crosses), Metals, Stock CFDs, Energy Future, Index Future, Indices.

      ICM Capital Minimum Deposit

      The trading conditions depend on the clients country of residence as well as the regulatory authority. There are two account options are listed on ICM Capital platform, with no minimum deposit requirements for both accounts.

      

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      Account Opening

      To open an account, visit the appropriate ICM Capital website and click on 'open account', four steps to start trading.

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      Leverage

      The leverage offered by ICM Capital varies between markets, and is in line with ESMAs regulations for retail accounts: up to 1:30 on major currency pairs, up to 1:20 on non-major currency, pairs, gold and major indices, up to 1:10 on commodities other than gold and non-major equity indices, up to 1:5 on individual equities and other reference values. Professional accounts qualify for maximum leverage of up to 1:200 on major forex pairs.

      Spreads & Commissions

      ICM Direct (direct) accounts do not charge any commissions, and all fees are included in the spreads. The minimum OTC spot forex spread for this account is 1.3 for Europe and the U.S., $0.29 for spot gold, and $0.036 for silver. ICM Zero (zero) accounts charge a commission of $7 per lot and have a minimum spread of 0.1 for Australia and the U.S., 0.1 for Europe and the pound, $0.08 for spot gold, and $0.015 for spot silver. The standard spread for energy futures is 2, the standard spread for indices futures is 1, and the minimum standard spread for spot CFDs is 2.5. Swap rates are shown in the table below.

    Product Long Short
    EURUSD -$6.50 -$2.15
    GBPUSD -$4.13 -$3.98
    AUDUSD -$6.24 -$6.24
    USDJPY -$1.94 -$3.08
    USDCAD -$3.27 -$2.58

      Trading Platform

      The company has chosen the MT4 trading platform with excellent reliability, security, and speed of execution. The platform supports E.A. for trading Forex, precious metals, and CFDs in 30 languages and is available for free for iOS and Android APP, P.C. and Apple P.C.

      Virtual Private Server (VPS)

      ICM Capital has partnered with Beeks FX to provide VPS services to all its clients. It is available at no cost to clients who maintain a balance of $4,000. VPS gives uninterrupted and reliable access to the trading servers. EA users and professional traders mostly require a VPS to ensure steady connection even when their computers are off. Beeks FX is a popular firm known for cloud computing and VPS solutions.

      Deposit & Withdrawal

      The minimum deposit for ICM is $50 or its equivalent amount in other currencies. The deposit method supports wire transfer, credit card, and UnionPay, and the withdrawal is free once a month.

       Customer Support

      The ICM Capital customer support team is multilingual and available from 6am to 6pm from Monday to Friday. They can be reached via instant web chat, email and phone lines. ‘Request a call back’ form is available on the website if you to schedule a call with a support representative. A'Contact Us' form is also available. On social media, they are on Facebook, Twitter, and LinkedIn.

    Australia Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand

    United States Dollar

    • United Arab Emirates Dirham
    • Australia Dollar
    • Canadian Dollar
    • Swiss Franc
    • Chinese Yuan
    • Danish Krone
    • Euro
    • British Pound
    • Hong Kong Dollar
    • Hungarian Forint
    • Japanese Yen
    • South Korean Won
    • Mexican Peso
    • Malaysian Ringgit
    • Norwegian Krone
    • New Zealand Dollar
    • Polish Zloty
    • Russian Ruble
    • Saudi Arabian Riyal
    • Swedish Krona
    • Singapore Dollar
    • Thai Baht
    • Turkish Lira
    • United States Dollar
    • South African Rand
    Current Rate  :
    --
    Amount
    Australia Dollar
    Available
    -- United States Dollar
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