ICE FX Review 2021

ICE FX is a global STP broker boasting access to MT4 and CFD trading in four major asset classes: forex, crypto, precious metals and energies.

ICE FX is broker that provides access to CFD, Forex and Cryptocurrency. ICE FX allows traders to use the MetaTrader4 trading platform, but unfortunately not MetaTrader5 at this point.

In terms of features offered to traders, ICE FX has Demo Accounts but is missing Islamic Accounts, Social Trading, Signals and Auto Trading.

ICE FX also gives traders access to 5 cryptocurrencies: BCH, BTC, ETH, LTC and XRP.

ICE FX is regulated, but not by the FCA here in the UK. While this is not necessarily an issue, very careful traders might want the extra safety of using an FCA-regulated broker.

ICE FX Summary

ICE FX is a global STP broker boasting access to MT4 and CFD trading in four major asset classes: forex, crypto, precious metals and energies.

Ratings

30%
Trust
50%
Instruments
28%
Features
BonusNone
InstrumentsCFD, Forex, Crypto
Demo Account
Min. Deposit$30
Min. Trade0.01 lots
Regulated ByLabuan FSA
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps iOS & Android
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

CFDs are offered by ICE FX on foreign exchange, UK and US oil, precious metals and cryptocurrencies.

Leverage1:300
FTSE SpreadN/A
GBPUSD Spread1.0
Oil Spread0.5
Stocks SpreadN/A

Forex Trading

ICE FX clients can speculate upon the foreign exchange markets with the world-renowned MT4.

GBPUSD Spread1.0
EURUSD Spread0.8
EURGBP Spread1.3
Assets36

Cryptocurrency Trading

ICE FX clients can trade five major cryptos with floating spreads against the US dollar.

Spread
CoinsBCH, BTC, ETH, LTC, XRP

Payment Methods

ICE FX accepts the following payment methods:

  • Skrill
  • Neteller
  • Debit Card
  • Credit Card
  • Wire Transfer
  • Visa
  • Mastercard
  • Bitcoin Payments
Risk Warning – Your capital is at risk

FAQ

Is ICE FX Safe?

In our review we gave ICE FX a low trust score of 30%, which means that traders should try things out before they deposit any larger amounts. One of the main negative factors in this low score is that ICE FX is not FCA regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.

Does ICE FX Accept PayPal?

No, ICE FX does not accept PayPal payments.

Is ICE FX Halal?

Probably not, as ICE FX does not offer an Islamic trading account as far as we know. For alternatives, please see the list of halal brokers.

What trading platforms does ICE FX support?

ICE FX only supports the MetaTrader 4 trading platform at this time.

Is ICE FX Regulated?

Yes, ICE FX is regulated by Labuan FSA.

The fact that ICE FX is not regulated by our own FCA will be a concern to the most careful traders. See our list of FCA regulated brokers for options.

ICE FX vs Other Brokers

If you want to compare ICE FX with other brokers, use the detailed comparisons below.

ICE FX vs
ICE FX is a global STP broker boasting access to MT4 and CFD trading in four major asset classes: forex, crypto, precious metals and energies.