What is ICM Capital?
ICM Capital Limited is a London based broker, operates as a wholly owned subsidiary of ICM Holding SARL (Luxembourg). Additionally, support and operation offices have been established in Dubai and Shanghai.
The key features of the broker consist of wide product variety – OTC Spot Foreign Exchange, OTC Precious Metals, OTC US Stocks, OTC Energy Futures, OTC Index Futures, Cash CFDs.
Markets are accessible through one account offering with tight spreads (ECN Spreads starting from 0 pips), deep liquidity provided by the Tier-1 Bank, speedy no-requotes market execution with live Trading Central reports, and more.
ICM Capital Pros and Cons
ICM Capital is a reliable broker with ECN trading technology and good technical solitons. Spreads are low and average and there is good education section.
For the negative side, instruments are limited to CFDs and OTC assets.
Is ICM Capital safe or a scam
No, ICM Capital is not a scam, it is a reliable regulated broker with top-tier license from FCA for low-risk Forex trading.
The ICM Capital is authorized and regulated by the Financial Conduct Authority (FCA), which regulates the financial services industry in the United Kingdom, with the aim to protect consumers and ensure the industry remains stable.
Being one of the most reputable and sharp authorities within the Financial industry, FCA status delivers security of funds provided to the clients under the Financial Services Compensation Scheme (FSCS) covering up to £50,000 in the event ICM Capital becomes insolvent. To go above, ICM enhanced this with additional protection up to £1,000,000 backed by substantial global capital and available to all live account clients with no additional cost.
Conclusion
Overall, the major point is the company’s reliability and trustworthiness. As regulated by FCA, the broker maintains secure trading as well upholds additional insurance of $1 million coverage. Lastly, the account with the quite small deposit requirement of 200$ must be considered by the beginning traders, as well platform’s extended features support in the beginning too, ICM trading technology demonstrates great trade execution and allow all trading styles. For the Clients benefit, the company offers smart spreads calculation through ECN deep liquidity providers starting from 0 pips.