ICM Brokers Review 2021

ICM Brokers is a regulated MT4 broker offering online trading in forex & CFDs.

ICM Brokers is broker that gives traders access to Forex, equity CFDs, precious metals, energies, futures. ICM Brokers allows traders to use the MetaTrader4 trading platform, but unfortunately not MetaTrader5 at this point.

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

ICM Brokers 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.

ICM Brokers Summary

ICM Brokers is a regulated MT4 broker offering online trading in forex & CFDs.

Ratings

30%
Trust
66%
Instruments
42%
Features
BonusNone
InstrumentsForex, equity CFDs, precious metals, energies, futures
Demo Account
Min. Deposit$300
Min. Trade0.01 lots
Regulated ByVFSC
MetaTrader 4
MetaTrader 5
cTrader
DMA Account
ECN Account
Mobile Apps
Auto Trading
Trade Signals
Social Trading
Copy Trading
Islamic Account

CFD Trading

Trade CFDs with high leverage rates.

Leverage1:400 (Retail), 1:100 (Professional)
FTSE Spread3.5
GBPUSD Spread3
Oil SpreadFloating
Stocks SpreadVariable

Forex Trading

Trade forex pairs with up to 1:400 leverage.

GBPUSD Spread3
EURUSD Spread2
EURGBP Spread3
Assets20+

Payment Methods

ICM Brokers accepts the following payment methods:

  • Neteller
  • PayPal
  • Visa
  • Mastercard
  • Western Union
Risk Warning – Your capital is at risk

FAQ

Is ICM Brokers Safe?

In our review we gave ICM Brokers 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 ICM Brokers is not FCA regulated. Extra careful traders might want to find an alternative in our top list of UK brokers.

Does ICM Brokers Accept PayPal?

Yes, ICM Brokers does accept PayPal payments.

Is ICM Brokers Halal?

Probably not, as ICM Brokers 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 ICM Brokers support?

ICM Brokers only supports the MetaTrader 4 trading platform at this time.

Is ICM Brokers Regulated?

Yes, ICM Brokers is regulated by VFSC.

The fact that ICM Brokers 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.

ICM Brokers vs Other Brokers

If you want to compare ICM Brokers with other brokers, use the detailed comparisons below.

ICM Brokers vs
ICM Brokers is a regulated MT4 broker offering online trading in forex & CFDs.