ICM Capital Review – Is ICM Capital Scam or a Legit Crypto Broker?

ICM Capital Review

ICM Capital logo

ICM Capital is a reliable broker, because it offers ECN technology and solid technical support. Traders can choose from various trading instruments on this broker, such as currency pairs, indexes, and shares. In this ICM Capital review, we are going to talk about how this broker allows its clients to make more money.

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It was founded in 2009, and its headquarters are in the United Kingdom. Besides serving clients from the Middle East and North Africa, the firm offers services to all kinds of people. Unfortunately, US clients are not permitted to trade at ICM Capital, despite the firm accepting clients from all over the world. When it comes to ICM Capital, the broker has a CFTC and NFA license, making it a safe option to trade forex.

ICM Capital website

Trading Platforms

  • ICM Direct

Among the main features of ICM Direct is direct market access provided by ECN technology. Liquidity is provided by major Tier 1 banks and other liquidity providers. Clients have the option of trading forex, commodities, and CFDs with rapid execution. MetaTrader 4 is also accessible through ICM Direct’s low latency bridge.

  • MetaTrader 4

Downloadable on Windows, Mac, tablets, and smartphones, the MT4 platform can be accessed from any device. MT4’s advanced technical analysis capabilities make it highly popular in the industry. They can also forecast future market prices using 24 analytical objects. Automating trades can also be made through Expert Advisor agents. In addition, the MQL4 programming language allows one to generate EA robots. They can be downloaded from the free codebase or purchased from professional programs.

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ICM Capital trading platform

Deposits and Withdrawals

To make funds transfer convenient for its clients, ICM Capital offers several methods. For example, you can deposit money with a bank transfer, a card payment, and various e-wallets like Skrill, Neteller, and China UnionPay.

It starts with $ 200 as a minimum deposit, a small amount to begin trading. Additionally, ICM offers easy access to funding via its ICM Capital Mastercard. Clients can then easily transfer their profits from trading to their trading accounts. A one-time $40 application fee is required for this card.

Bonuses & Promotions

Bonuses and promotions are available at ICM Capital to attract new clients and thank them. The company gives a 10 percent credit bonus up to a maximum value of $1000 to every trader who deposits at least $2000. No deposit bonuses are also available at ICM forex brokers.

Platforms usually offer no deposit bonuses to new users without requiring them to deposit any money. No deposit bonuses are generous when you consider they usually exceed two-digit amounts. Taking a look at this ICM Capital review, its 10% credit bonus offers aren’t typical of any other firm’s promotional offers. However, once in a while, it offers this credit bonus to many clients for a limited time.

Customer Support

A support team is available to all clients at ICM Capital. A callback request can be submitted via the official website by clicking the ICM tick. In addition, a live chat feature on the ICM website allows customers to ask questions and receive immediate answers in multiple languages.

Safety

Potential traders need to determine whether a trading brokerage like ICM Capital is reputable before trading. Identifying the regulatory institutions that supervise a brokerage is one of the best ways to determine its level of safety. Similarly, the Financial Conduct Authority (FCA) is highly reputable and experienced in the financial industry. It provides financial security to clients under FSCS, which will cover £50k.

ICM Capital offers additional insurance coverage of up to $1 million backed by its substantial capital. This coverage is accessible to all of the users without additional charge. ICM Capital knows that a broker’s compliance with the law and compliance with the regulatory body is critical to its trustworthiness.

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Conclusion

The ICM Capital trading brokerage review indicates excellent trade and market execution and the ability to execute all types of trades. In addition, the ECN smart spreads offered by ICM Capital start at 0 pips and are offered through top liquidity providers.

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