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ICM Capital
Regulatory Status
UnverifiedRegulation & License
Regulatory Information: No valid regulatory information found. Proceed with caution.
Score
1.56 /10 Regulation
0.00
License
0.00
Business
7.38
Software
4.00
Risk Control
0.00
ICM Capital Comprehensive Review
ICM Capital exhibits overall weak performance, not recommended for risk-sensitive investors, with a composite score of 1.56, no verified forex trading license according to its primary listing, an operating history of 5-10 years, and a business rating of 7.37. Note: Regulatory status, trading conditions, and risk assessments may vary by jurisdiction. The WikiFX score reflects currently available information. Please verify all entity details independently before trading. (Updated: 2026-05-27)
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Is ICM Capital Safe?
Regulatory Status and Jurisdictional Oversight
ICM Capital operates with an unverified regulatory status across its reported licenses. The broker's UK entity, ICM Capital Limited, holds an unverified 'Inst Market Making (MM)' status with the UK's Financial Conduct Authority (FCA). Similarly, its Malaysia-based entity, ICM Capital (Labuan) Limited, holds an unverified 'Forex Transmission License (RTO)' from the Labuan Financial Services Authority (LFSA). As regulatory status remains unconfirmed, prospective clients should independently verify license authenticity through the FCA and LFSA official registers before engaging.
Safety Score Breakdown For ICM Capital
ICM Capital has a composite score of 1.56, derived from its business rating of 7.37 and software rating of 4.0, while its regulatory, risk control, and license ratings are currently unassigned. This aggregated score of 1.56 reflects ICM Capital's operational profile, with a moderate business rating indicating some market presence and a modest software rating for platform reliability. The broker, however, lacks defined ratings in critical areas of oversight, compliance, and licensing authorization, which are essential for assessing operational safety. Traders should evaluate these specific dimensions in light of their individual risk tolerance and trading priorities.
Key Highlights of ICM Capital at a Glance
ICM Capital has operated for 5-10 years with its UK entity, supports the MT4 and MT5 platforms, and offers two account types with access to diverse assets including forex, metals, futures, shares, and CFDs. The broker's corporate entity is based in the United Kingdom, representing its operational focus. For traders, the primary entry threshold is defined by a very low minimum trade size requirement of 0.01 of a standard lot. Its trading infrastructure centers on the globally recognized MetaTrader 4 and MetaTrader 5 software suites. The available account types, ICM ZERO and ICM DIRECT (ECN), provide access to a multi-asset selection covering forex, indices, commodities, and equities, all executable through the established MetaTrader ecosystem.
Trading Platform and Account Conditions
ICM Capital offers MT4 and MT5 trading platforms, with its trading environment grade and average execution speed not currently disclosed. The broker provides at least two standard account types, ICM ZERO and ICM DIRECT (ECN), with typical features including maximum leverage of 1:100, no minimum deposit requirement, and support for scalping and automated trading via Expert Advisors. Specific details regarding server infrastructure and precise execution speed metrics are not publicly available for analysis at this time.
Tradable Instruments and Product Coverage
No specific tradable instruments or instrument count are currently disclosed for ICM Capital. The available account information describes coverage for categories including Forex, Metals, Futures, Shares, and Cash CFDs. The list of main financial instrument categories NOT offered by this broker is also not currently disclosed. Prospective traders should carefully verify the specific available products directly with the broker to ensure they align with individual trading strategies.
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ICM Capital Regulation & License
- No Regulatory Information
Note: The above regulatory information is sourced from the official ICM Capital website.
Basic Information
Registered Region
United Kingdom
Operating Period
5-10 years
Company Name
ICM Capital Limited (UK)
Customer Service Email Address
support@icmcapital.my
Contact Number
+44 207 634 9770
Company Website
https://www.icmcapital.my/en/home
ICM Capital Pros & Cons
Pros
No minimum deposit requirement for account opening.
- Very low minimum trade size of 0.01 lot.
- Supports MetaTrader 4 and MetaTrader 5 platforms with Expert Advisor functionality.
Cons
Operates with an unverified regulatory status across all reported jurisdictions.
- High-risk profile indicated by a low composite score of 1.56 and a suspicious business scope.
- Limited transparency on specific tradable instruments, spreads, commissions, and deposit methods.
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Frequently Asked Questions About ICM Capital
Is ICM Capital a regulated forex broker?
ICM Capital holds reported licenses, but its regulatory status is currently unverified. The broker's UK entity, ICM Capital Limited, lists an 'Inst Market Making' status with the UK's Financial Conduct Authority. Its Malaysian entity, ICM Capital (Labuan) Limited, lists a 'Forex Transmission License' from the Labuan Financial Services Authority. However, both licenses are tagged as 'Unverified'. This means the legitimacy of these authorizations is not confirmed. You should verify the license numbers (FCA: 520965, LFSA: MB/18/0029) directly on the regulators' official public registers before considering any engagement.
Is ICM Capital safe to trade with based on WikiFX data?
ICM Capital has a low composite score of 1.56, derived from a business rating of 7.37 and a software rating of 4.0. Critical safety metrics—its regulatory, risk control, and license indices—are not rated. The broker's regulatory licenses in the UK and Malaysia are listed as unverified, and it operates in regions identified as suspicious. A low composite score, combined with unverified oversight and no defined risk control rating, indicates a highly elevated risk profile. You should conduct thorough independent verification of the broker's operational legitimacy and protections.
Is the entry threshold of ICM Capital high?
ICM Capital presents a very low entry threshold in terms of minimum capital and trade size. The broker does not impose a minimum deposit requirement for its ICM ZERO and ICM DIRECT (ECN) accounts. Furthermore, the minimum trade size is 0.01 of a standard lot, allowing for small position sizing. These conditions can lower the barrier for new or small-capital traders. However, the primary entry consideration should be the broker's high-risk operational profile, characterized by unverified regulation and a low composite score, which may pose significant risks outweighing the accessibility benefits.
Can I use EA or automated trading with ICM Capital?
Is the product range of ICM Capital wide enough?