ICM Capital Review 2024 (Expert Review)
ICM Capital Review Summary
ICM Capital is an online forex and CFD broker based in the UK. ICM Capital has a regulated investment firm. Its clients' funds are safe and secure. Moreover, it offers demo accounts and maintains segregated bank accounts for all client funds. ICM Capital works with tier one banks to keep client funds secure. This ensures that they will never see their money. You can try trading with ICM before making a real deposit. Customers can access their accounts through their mobile app. The website also provides mobile access to customer support agents. ICM Capital has an excellent customer service department, which has won several awards for excellence in customer service.
ICM Capital review
ICM Capital Platform Features
๐บ๏ธ Country of regulation | Financial Conduct Authority (FCA), Financial Services Authority St. Vincent and the Grenadines (SVGFSA) |
๐ฐ Trading fees | No |
๐ฐ Inactivity fee | No |
๐ฐ Withdrawal fee | No |
๐ฐ Minimum deposit | 200 |
๐ Time to open a ICM Capital account | 1-3 Days. *A ICM Capital demo account can be opened in a few minutes, but live ICM Capital trading account creation times will vary depending on how long it takes to process your ICM Capital KYC documents. |
๐ณ Wire Transfer | No |
๐ Depositing with electronic wallet | No |
๐ฑ Number of base currencies supported | 3 |
๐ฎ Demo account provided | Yes |
๐๏ธ Financial Instruments offered | Forex, Commodities, Indices, Stocks, Crypto, Futures |
ICM Capital review
ICM Capital Financial Regulation
ICM Capital is regulated by Financial Conduct Authority (FCA), Financial Services Authority St. Vincent and the Grenadines (SVGFSA).
ICM Capital review
ICM Capital Pros And Cons
Regardless of how you trade, there is always a risk to online trading, as well as some key advantages to using such a method. Below are some key pros and cons. The pros of using ICM Capital include a large choice of assets that are available to be traded 24/7; and a modern website and mobile app; video guides and chart reading tools to help you carry out fundamental and technical analysis; community features to help you learn from and integrate with other platform users. On the other hand, the cons of using ICM Capital can be that the spreads offered on trading cryptocurrencies (Availability subject to regulation) are relatively wide; no mutual funds available to invest in; high risk meaning it is not often a suitable platform for new traders.
ICM Capital review
ICM Capital Advantages
One of the main advantages of using ICM Capital is around the clock service and support as well as research offerings. Not only this, but ICM Capital has reduced transaction costs and fees that are often associated with traditional brokerage firms. This provides users of ICM Capital with greater flexibility and more control - time is of the essence when trading, and where traditional brokers require appointments just to initiate a trade, trading with ICM Capital makes the process a lot quicker. Finally, users have the ability to monitor their investments in real time. ICM Capital offers stock quotes and trade information, making it easy for users to view how their investments are doing.
- ICM Capital has been in business over 10 years.
- ICM Capital offers Cryptocurrency Trading (Availability subject to regulation).
- ICM Capitaloffers Islamic Accounts.
- ICM Capital offers ECN trading.
- ICM Capital offers Bitcoin Trading.
- ICM Capital offers a Apple Mac desktop trading platform.
- ICM Capital offers Spread Betting.
- ICM Capital offers Hedging.
ICM Capital review
ICM Capital Disadvantages
Although ICM Capital has a lot of good points ICM Capital does not offer the below.
- ICM Capital does not offer Stock Trading (See ICM Capital alternatives who offer Stock Trading here)
- ICM Capital does not offer PayPal as a payment method (See ICM Capital alternatives who offer PayPal as a payment method here)
- ICM Capital does not offer Skrill as a payment method (See ICM Capital alternatives who offer Skrill as a payment method here)
- ICM Capital does not offer the MetaTrader 4 platform (See ICM Capital alternatives who offer the MetaTrader 4 platform here)
- ICM Capital does not offer the MetaTrader 5 platform (See ICM Capital alternatives who offer the MetaTrader 5 platform here)
- ICM Capital does not offer the cTrader platform (See ICM Capital alternatives who offer the cTrader platform here)
- ICM Capital does not offer Scalping (See ICM Capital alternatives who offer Scalping here)
- ICM Capital has inactivity fees (See ICM Capital alternatives who do not have inactivity fees here)
Risk Warning: Your capital is at risk.
ICM Capital review
Things to understand when trading with ICM Capital
Trading with ICM Capital involves risk. You should only risk capital with ICM Capital that you can afford to lose. Understand your risk tolerance with ICM Capital, and have a trading strategy that ICM Capital is able to help you execute. ICM Capital is a very accessible trading platform but you must take the time to be able to effective use the trading tools and financial instruments ICM Capital give you access too.
ICM Capital review
ICM Capital Trading Fees
Trading fees on ICM Capital are taken in the form of the spreads ICM Capital offers when buying and selling financial instruments like stocks, commodities, fiat currencies and indexes on ICM Capital. ICM Capital fees vary depending on the financial instruments traded and can include, ICM Capital overnight funding fees, spreads, margins and ICM Capital inactivity fees, currency conversion fees, and a spread for applying a guaranteed stop order. There may be some fees when transfering money to and from your ICM Capital account charged by your 3rd party payment provider if your ICM Capital base currency is different from your ICM Capital withdrawal method.
Name | ICM Capital | IC Markets | Roboforex |
Account Fees | No | No | |
Withdrawal Fees | varies | No | Yes |
Deposit Fees | No | ||
Inactivity Fee | No | No | |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
ICM Capital review
ICM Capital Financial Instrument Fees
ICM Capital fees for Forex, Commodities, Indices, Stocks, Crypto, Futures are listed below.
ICM Capital review
ICM Capital Stock Trading Fees
The majority of ICM Capital trading fees, commission is either a flat fee per trade or calculated based on the number of traded shares. Several brokers do also offer zero-commission trading for stocks, ETFs, and options. A ICM Capital stock trading fee is a brokerage fee that is charged when you buy or sell stocks. A trader may also pay commission or a fee for buying and selling other investments, like options or exchange-traded funds.
ICM Capital review
ICM Capital Forex Fees
Commission on ICM Capital Forex trading can either be a fixed fee (i.e., a fixed sum regardless of volume) or a relative fee: the higher the trading volume, the higher the commission. The amount of money that a trader is charged for ICM Capital Forex fees is based on their trade size. To calculate ICM Capital Forex fees, one would subtract the bid price from the ask price to find the spread. A Forex broker keeps this spread as their fee/commission.
ICM Capital review
ICM Capital Cryptocurrency Fees
Aside from the price of the cryptocurrency itself, each cryptocurrency exchange adds a fee for trading, when customers purchase and sell coins. ICM Capital cryptocurrency fees can vary, but most exchanges charge between 0.1% to 1% or more per trade. That means that if you've used $1,000 to invest in a certain crypto, the fee you will eventually pay for that transaction could be anywhere between $100 and $1,000. ICM Capital cryptocurrency fees include a fee for the Maker (which adds to the order book liquidity through limit orders) and Taker (which subtracts liquidity from an order book through market orders).
ICM Capital review
ICM Capital Non Trading Fees
ICM Capital non-trading fees include a variety of ICM Capital brokerage fees and charges that a trader will pay which are not related to buying and selling financial instruments using the ICM Capital trading platform. The most common non-trading fees include ICM Capital withdrawal fees, ICM Capital deposit fees and ICM Capital inactivity fees.
ICM Capital review
ICM Capital Deposit Fees
ICM Capital does charge deposit fees in some cases. When funding your ICM Capital account there may be some ICM Capital deposit fees which will vary depending on the payment method you use to deposit to your live ICM Capital trading account.
ICM Capital review
ICM Capital Inactivity Fees
ICM Capital does charge clients an inactivity fees for dormant ICM Capital trading accounts. A ICM Capital inactivity fee is a sum charged on ICM Capital brokerage accounts who have not met the minimum buying or selling amount of activity over a specific period. Brokers typically attempt to compensate for lack of commissions by charging inactivity fees.
ICM Capital review
ICM Capital Withdrawal Fees
ICM Capital does charge ICM Capital clients small withdrawal fees. Withdrawals fees vary between ICM Capital and ICM Capital alternatives depending on where you are located and how much money you are withdrawing.
ICM Capital review
ICM Capital Account Fees
ICM Capital does not charge account fees. Account fees charged differ between ICM Capital and other brokers. An account is a fee that ICM Capital and other brokers assesses on all accounts for the ability to keep an account on their platform.
ICM Capital review
ICM Capital Account Opening
The ICM Capital account registration process is simple, user-friendly, and quick. Within 1-3 Days most ICM Capital trading accounts are ready for live trades. Our ICM Capital account was validated in 1 day, but live ICM Capital trading account verification times will vary depending on the time it takes to process your KYC documents and ICM Capital trading account application. A ICM Capital demo account can be opened in a few minutes.
ICM Capital trading accounts are available in over 194 countries. ICM Capital is restricted in the following countries.
Apart from the restricted countries a ICM Capital trading account can be opened globally.
The ICM Capital trading platform is available for residents in US. Some financial instruments ICM Capital offer may be restricted in your country.
- Fast ICM Capital account opening.
- ICM Capital accounts can be opened and KYC can be verified digitally.
- ICM Capital minimum deposit is 200 USD / GBP / EURO.
- ICM Capital trading account verification may be held up for longer than a day if there is an issue with verifying your account.
ICM Capital review
ICM Capital Deposit And Withdrawal
ICM Capital Account Base Currencies
A base currency is the currency in which your account is denominated. In other words, it is the currency you use to trade. Base currencies are used for accounting purposes to refer to the currency in which an investor maintains their book of accounts. For foreign exchange market purposes, a base currency refers to the first currency in a currency pair and the second, the quote currency.
GBP, USD, EURO are supported by ICM Capital as account base currencies. However, in each country, only two or three account base currencies are accessible, usually the local currency plus USD. In the United Kingdom, for example, only GBP, EUR, and USD are accessible for UK traders.
ICM Capital offers the following account GBP, USD, EURO.
When trading make sure your ICM Capital trading account currency is the same currency as your withdrawal and deposit bank account otherwise there may be some additional currency conversion fees levied by your bank. ICM Capital has no control over the fees your bank may charge for currency conversions or withdrawals and deposits to from and to your bank account.
Name | ICM Capital | IC Markets | Roboforex |
Number Of Currencies | 3 | 10 | 4 |
Base Currencies | USD, GBP, EUR, CHF, JPY, SGD, AUD, CAD, HKD, NZD | USD, EUR, XAU | |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
ICM Capital review
ICM Capital Deposit Fees and Deposit Methods
Investors can log in to their ICM Capital trading account, type in their credit card information and the funds required will be posted in a number of business days. Investors can also transfer funds into their ICM Capital trading accounts from an existing bank account or send the funds through a wire transfer or online check.
ICM Capital Deposit Fees
Making a deposit on your ICM Capital account is free.
ICM Capital Deposit Methods
There are several methods through which you can deposit money into your ICM Capital account. One can use a credit or debit card and ICM Capital accepts payments from credit and debit cards provided by MasterCard and Visa. You can use PayPal, funding your ICM Capital account using a personal PayPal account. One can also use bank wire or electronic bank transfer. If you have enough funds in your respective account, your bank account will be debited while the equal amount will be deposited into your ICM Capital account. Funding methods for ICM Capital include Neteller, Electronic wallets (eWallets)s, Credit cards, Debit cards, Bank Transfer,.
ICM Capital review
ICM Capital Withdrawal Fees and Withdrawal Methods
You can withdraw cash from your ICM Capital brokerage account if you have available funds. If you want to withdraw more than you have available as cash, you may need to close open ICM Capital positions before doing so. Remember that after you close your orders, you may have wait for the trade to settle before you can withdraw that money from your ICM Capital account.
Name | ICM Capital | IC Markets | Roboforex |
Funding Methods | Neteller, Electronic wallets (eWallets)s, Credit cards, Debit cards, Bank Transfer, | Credit Cards, VISA, MasterCard, Debit Cards, Visa, MasterCard, Bank Transfer, PayPal, Neteller, Neteller VIP, Skrill, Poli, Cheque, BPAY, UnionPay, FasaPay, QIWI, RapidPay, Klarna, Electronic wallets (eWallets), Broker to Brokers, Thai Internet Banking, Vietnamese Internet Banking, | Credit cards, VISA, MasterCard, JCB, Debit cards, Bank Transfer, Electronic wallets (eWallets), Neteller, Skrill, Perfect Money, AdvCash, BPAY, China UnionPay, FasaPay, CashU, WeChat Pay, ecoPayZ, AstroPay, Sofort, Giropay, Poli, Wepay, iDEAL, Payoneer, |
Withdrawal Fee | varies | No | Yes |
Deposit Fee | Varies | No | |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
ICM Capital Fees When Withdrawing Your Account Balance
ICM Capital do not charge withdrawal fees. Some withdrawal fees are out of the control of ICM Capital and may be due to 3rd party payment providers and your account base currency.
ICM Capital Withdrawal Methods
Log into your ICM Capital trading account, which is connected to your bank account. Go to the section that says โfundsโ or โaccountsโ and click on it. You will be given two choices: either to add funds or withdraw funds. Click 'withdraw funds' to start transferring money from your ICM Capital account to your bank account. To withdraw money from your ICM Capital account you can use credit or debit cards. ICM Capital processes withdrawals to credit and debit cards provided by MasterCard and Visa. One can also use PayPal, as ICM Capital processes withdrawals to PayPal accounts. Finally, you can also withdraw funds straight to your bank account via bank transfer.
ICM Capital review
ICM Capital Trading Platforms
As there are a number of tradable financial instruments available on the ICM Capital trading platform. Before investing in the ICM Capital platform, there are important factors to consider. Some platforms are designed for the more advanced trader, thus offering more research and analytical tools. The ICM Capital platform has a demo account and educational resources, but it may not be designed for new traders so focuses less on those educational features. ICM Capital offer livechat, phone, and email support.
If you struggle with technology, you need to consider the level of support on ICM Capital is available. Another thing to consider is your financial goals. Make sure that a ICM Capital account fulfils these goals. Several platforms offer commission-free trading, but some require a minimum fee for opening an account.
There can also be additional fees, such as inactivity charges, withdrawals and transfers. Make sure that you have enough funds to trade via a ICM Capital account. Ensure that ICM Capital allows you to focus on the type of trading that you want to focus on.
Make sure ICM Capital is correct for your investment purposes. Markets change quickly, and you need to be able to execute an order instantly. on your platform. Before using ICM Capital, think about how easy it is to use for your personal needs. Does the ICM Capital platform offer real-time updates or delayed updates that are more informed? Remember to check if ICM Capital is well regulated, and what tradeable financial instruments ICM Capital has. Security is very important when it comes to trading with ICM Capital.
ICM Capital Web Trading Platform
A ICM Capital web trading platform is a piece of software that is used for trading. This includes opening, closing, and managing market positions through ICM Capital which acts as a financial intermediary. ICM Capital is a web trading platform through which Forex traders can open and close positions online, without downloading any software. Via a web browser, traders can follow Bid-Ask spreads, place Stop Loss and Take Profit orders, as well as track all past and current positions executed.
Mobile Trading Platform
Both Android and iOS devices are supported by the ICM Capital mobile trading platform.
ICM Capital Apple IOS Trading Platform
A ICM Capital iOS trading platform is the application software that enables investors and traders to place trades and monitor accounts through iOS apps on Apple devices, such as an iPhone.
ICM Capital Google Play Android Trading Platform
A ICM Capital Google Play trading platform is the application software that enables investors and traders to place trades and monitor accounts through Google Play apps on Android devices, such as an Android mobile smartphone.
ICM Capital review
ICM Capital Mobile Trading User Experience
ICM Capital mobile trading gives its users a platform to trade from anywhere in the world, as long as they have an internet or WiFi connection. The mobile trading app provides an ease of transacting while using a mobile device. This is because orders can be placed quickly and effortlessly. ICM Capital mobile trading refers to trading using a mobile phone.
Leading brokerages like ICM Capital offer mobile trading apps to their clients who are able to use them to trade and even monitor their entire ICM Capital portfolio. All an investor needs is a Web-enabled smartphone and a trading account with ICM Capital. Once you have download the ICM Capital trading app, you are ready to begin.
ICM Capital review
ICM Capital Desktop Computer Trading Platform
A ICM Capital computer trading platform is a software which one can use to research, place, monitor and edit trades on your desktop computer. You can choose from many platforms, including desktop platforms, trading apps, web-based platforms and third-party programs. The ICM Capital desktop computer trading platform is the software that enables investors and traders to place trades and monitor accounts through financial intermediaries. The ICM Capital desktop trading platform offers other features to its users, such as real-time quotes, charting tools, news feeds.
ICM Capital MetaTrader 4
MetaTrader 4, known as MT4, is a trading platform used by online retail foreign exchange traders. MetaQuotes Software developed and released this programme in 2005. The software is licensed to foreign exchange brokers who provide the software to their clients. It is a free-of-charge Forex trading platform, offering wide technical analysis options, flexible trading system, and algorithmic and mobile trading. MT4 is a popular online trading platform that can be used to automate one's trading. Its simple user interface provides users with access to advanced technical analysis and flexible trading systems.
ICM Capital PC Trading Platform
One needs a computer with high performing hardware if their plan is to be a full time trader using ICM Capital. A trading computer with access to a ICM Capital PC trading platform is a superior, extremely fast computer which is designed and customized to maximize a traders ability to interface with markets and make decisions in real time. There are four key ingredients to a great Trading Computer: speed, reliability, multiple monitors, and post-sale service & support.
ICM Capital Apple Mac Trading Platform
Apple Macs and MacBooks can easily handle the most important requirements when using the ICM Capital trading platform. This includes the ability to have multiple browser tabs or trading apps open, a high quality display or monitor (high definition Retina displays with True Tone technology, adjusting and adapting to ambient lighting), an accurate trackpad or mouse, lightweight design, and long battery life. Macs are easy to set up, start up, use and even maintain. A Mac can go from cold boot to live trading using just a couple of mouse clicks and in well under a minute. Therefore, the ICM Capital trading platform is very user friendly on a Mac device.
ICM Capital review
ICM Capital Trading Look And Feel
The ICM Capital user interface (UI) is what ICM Capital traders will see and interact with first when trading with the ICM Capital trading platform. The ICM Capital is well designed. The goal of the ICM Capital trading UI is to make the ICM Capital user's experience intuitive. The ICM Capital application has good user experience and a good level of customer satisfaction.
ICM Capital Security
ICM Capital is a secure trading platform. ICM Capital offers traders security via 2 factor authentication, SSL encription when trading with ICM Capital. ICM Capital trading accounts are masked and encrypted using cutting-edge encryption and masking technology to secure your personal and financial information when trading with ICM Capital. Rate limitation on ICM Capital suspicious account activities is another layer of protection that is provided for ICM Capital trading accounts, for example multiple failed login attempts with ICM Capital. You have the option to further safeguard your account by using ICM Capital Two-Factor Authentication (2FA), which provides an extra layer of security.
The ICM Capital trading infrastructure is constantly watched and guarded by a trained team at ICM Capital In addition, ICM Capital never send sensitive information without first encrypting on the ICM Capital trading platform using transport layer security (TLS) and SSL.
ICM Capital review
Placing A Buy Or Sell Order On ICM Capital
Available ICM Capital order types. # market, limit, stop, stop limit, Good until end of day / canceled.
ICM Capital Market Order
A ICM Capital market order is an order to buy or sell a stock at the market's current best available price. A market order usually ensures an execution, but it does not guarantee a specified price. Market orders are optimal when the primary goal is to execute the trade immediately. ICM Capital market orders are executed by a broker or brokerage service on behalf of clients who wish to take advantage of the best price available on the current market. ICM Capital market orders are popular as they are a fast and reliable method of either entering or exiting a trade.
ICM Capital Limit Order
A ICM Capital limit order is an order to buy or sell a stock with a restriction on the maximum price to be paid or the minimum price to be received. If the order is subsequently filled, it will only be at the specified limit price or better. However, having said this, there is no assurance of execution.
ICM Capital Stop Order
A ICM Capital stop order, also referred to as a stop-loss order, is an order to buy or sell a stock once the price of the stock reaches a specified price, known as the stop price. When the stop price is reached, a stop order becomes a market order. A sell stop order is entered at a stop price below the current market price. If the stock reaches the stop price, the order becomes a market order and is filled at the next available market price.
ICM Capital Stop Limit Order
A ICM Capital stop-limit order is an order to buy or sell a stock that combines the features of a stop order and a limit order. Once the stop price is reached, a stop-limit order becomes a limit order that will be executed at a specified price (or better). The ICM Capital stop-limit order triggers a limit order when a stock price hits the stop level. A ICM Capital stop-limit order can be helpful when trading if you are unable to watch your trades all day.
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ICM Capital Alerts And Notifications
Price alerts and notifications can be established for executed orders, important news, and margin calls, for example. On the online platform, these notifications appear as pop-up messages. It would be preferable if you could set up email or SMS notifications as well.
ICM Capital review
ICM Capital Trading Platform Features
Online trading platforms like ICM Capital are used by traders to help them with every aspect of trading. Market analysis, price projections, and purchase timing are all key when trading live financial markets with ICM Capital. The ICM Capital trading platform provides traders with up to the second charts in order to enable them to execute transactions at the click of a button using ICM Capital.
ICM Capital Margin Trading
ICM Capital margin trading means borrowing money from the brokerage firm in order to carry out trades. When trading on margin, investors first deposit cash that then serves as collateral for the loan, and then pay ongoing interest payments on the money they borrow. In essence, ICM Capital margin trading is a facility under which one buys and sells stocks that they cannot afford. You are allowed to buy and sell stocks by paying a marginal amount of the actual value. This margin is paid either in cash or in shares as security. Your broker funds your margin trading transactions.
ICM Capital Social Trading
ICM Capital social trading is a form of social trading that enables ICM Capital traders or investors to copy and execute the strategies of their peers or more experienced traders on the ICM Capital platform. Social trading on ICM Capital allows you to communicate with other ICM Capital investors in a Facebook-style social network manner. The main premise is that you are able to share and discuss potential ICM Capital investment opportunities with traders on the ICM Capital platform.
ICM Capital Copy Trading
Copy trading with ICM Capital allows users to copy trades executed by other ICM Capital investors in the financial markets. The goal of copy trading is for a ICM Capital trader to have the same positions as the ICM Capital investor they are copying. When copying another ICM Capital trader, you do not receive the plan of the traders ICM Capital strategy, but simply follow their trades they execute on ICM Capital. ICM Capital copy trading is one way to automate your investment strategy. Copy trading trades on ICM Capital must still be monitored and copy trading on ICM Capital still has risk of trading loss.
ICM Capital review
ICM Capital Account Types
ICM Capital Demo Account
ICM Capital offers demo accounts that gives traders the ability to purchase and sell ICM Capital financial instruments in a practice environment, using fake ICM Capital digital money and live market conditions and data. When you practise on a ICM Capital demo account, one of the many advantages you'll enjoy is the opportunity to get acquainted with the more technical parts of the ICM Capital platform. ICM Capital demo accounts allow you to experience and practice a variety of market charts, ICM Capital trading indicators, and trading strategies using ICM Capital.
ICM Capital Standard Account
ICM Capital offers a standard trading account, allowing ICM Capital traders to trade a wide range of financial instruments, with competitive spreads, using the feature rich ICM Capital trading platform.
ICM Capital STP Account
ICM Capital STP (Straight Through Processing) account is a ICM Capital trading feature that involves sending ICM Capital client orders directly to the market without passing them through a dealing desk. A ICM Capital STP account is considered to be more of a hybrid of the ECN and market maker (dealing desk) models.
ICM Capital ECN Account
A ICM Capital ECN (Electronic Communications Network) account is a pure order-matching execution system, where ICM Capital, as a provider, charges a commission per ICM Capital trade instead of inflating the spread, occurring more naturally within the ICM Capital order-matching process. A ICM Capital ECN is a financial intermediary that uses electronic communications networks to give ICM Capital clients direct access to other participants in equity and currency markets. As an ECN broker, ICM Capital only matches ICM Capital trades between other market participants; it cannot trade against the ICM Capital client.
ICM Capital DMA Accounts
ICM Capital Direct market access (DMA) refers to the access one is afford to the electronic facilities and order books of the ICM Capital financial market exchange that facilitate daily securities transactions. Rather than relying on market-making firms and broker-dealers to execute trades, ICM Capital might use direct market access to place trades themselves. ICM Capital DMA accounts make individual contracts with each liquidity provider.
ICM Capital Islamic Accounts
ICM Capital islamic accounts respect Islamic finance law. ICM Capital swap free accounts do not accumilate interest and ICM Capital transactions are actioned immediately. A ICM Capital Islamic Forex account is a halal trading account that is offered to clients who respect the Quran and wish to invest in Islamic compliant financial instruments, using ICM Capital following the principles of Islamic finance. As Sharia law prohibits the accumulation of interest, traders with ICM Capital Islamic accounts do not pay or receive interest rates.
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ICM Capital Tradable Financial Instruments
ICM Capital tradable financial instruments are the financial instruments that are specifically available to trade on the ICM Capital trading platform. This refers to the different types of financial markets you can trade with through ICM Capital. Sometimes called securities , they range from commodity futures to stocks and CFDs, to currencies and metals, and more on ICM Capital.
Name | ICM Capital | IC Markets | Roboforex |
CFD Trading | No | Yes | Yes |
Stock Markets | 100 | 2100 | 53 |
ETFs | No | ||
Fractional Shares | No | Yes | |
Cryptocurrencies | Yes | Yes | No |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
ICM Capital review
ICM Capital Trading Stocks
Stock trading with ICM Capital is the act of purchasing and selling shares in a corporation listed on a stock exchange available for trading with ICM Capital; if you possess the stock on ICM Capital, you own a piece of the corporation and may be entitled to voting rights where applicable.
Stock trading on ICM Capital involves purchasing and selling stocks and share using ICM Capital periodically in order to time trades against the stock markets, with the aim of using ICM Capital to profit from your stock trading. ICM Capital stock traders look to profit from the short-term market developments by selling stocks for a profit or buying stocks at a cheap price on ICM Capital. Stock traders on ICM Capital conduct significant study, frequently dedicating several hours every day to market monitoring using ICM Capital trading tools.
ICM Capital review
ICM Capital Trading ETFs
What Are ETFs
ICM Capital does not offer ETF trading. An ETF is a collection of assets whose shares are traded on a stock market. They blend the characteristics and potential benefits of stocks, mutual funds, and bonds. ETF shares, like individual stocks, are traded throughout the day at varying prices based on supply and demand.
What Are Fractional Shares
ICM Capital does not offer fractional share trading.
Investors can buy fractional shares of a stock, making it easier to diversify even with modest amounts of money. Investors can buy stock in fractional shares by specifying a dollar amount rather than the price of a whole share.
ICM Capital review
ICM Capital Trading Cryptocurrencies
ICM Capital offers cryptocurrency trading.
Cryptocurrency trading can be conducted using ICM Capital to buy and sell the cryptocurrency financial instruments on ICM Capital. Cryptocurrency trading can also be done using a cryptocurency CFD ICM Capital trading account where allowed by financial regulators, to speculate on up or down price movements of a specific crypto asset using ICM Capital. A CFD is a high risk leveraged trade between the trader and the ICM Capital brokerage. No underlying assets are exchanged with a ICM Capital CFD contract, it is purely speculation on the crypto financial instruments price movements with ICM Capital. ICM Capital CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if ICM Capital CFD cryptocurrency trading is allowed in your region and make sure you undertand the risks fully before trading.
The volatility of cryptocurrencies is the biggest source of risk when trading them with ICM Capital. They are high-risk and speculative, and you should be aware of the hazards before you begin trading high risk financial instruments with ICM Capital.
Cryptocurrency trading is not offered by ICM Capital, so you will need to find a ICM Capital alternative that allows you to buy and sell the underlying cryptocurrency assets. ICM Capital CFD trading on cryptocurrency assets is not allowed in the United Kingdom as set by the UKs financial regulator the FCA. Check to see if CFD cryptocurrency trading is allowed in your region with a ICM Capital alternative and make sure you undertand the risks fully before trading.
ICM Capital review
ICM Capital Forex Trading
Forex trading with ICM Capital is a method through which to invest money which involves trading one currency for another in a Forex currency pair with ICM Capital. The main aim of ICM Capital Forex trading is to successfully predict if the value of one currency will increase or decrease when compared to another. You can trade major, minor and exotic currency pairs with ICM Capital. As a ICM Capital Forex trader, one buys and sells currencies on a foreign exchange market. Their duties include performing research or analysis on a currency pair using a trading platform like ICM Capital. In general, Forex traders can either work for banks and hedge funds or trade independently using trading platforms like ICM Capital. Some traders use charts and indicators for Forex analysis, while others rely on news and economic data available on ICM Capital.
ICM Capital review
ICM Capital Commodities Trading
Commodity trading is a type of trading available on ICM Capital where individuals or businesses buy and sell financial instruments using ICM Capital related to commodities, such as metals or oil.
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ICM Capital Options Trading
ICM Capital options trading is the trading of instruments that gives someone the right to buy or sell a specific security on a specific date at a specific price. If one decides to complete that purchase or sale, they are know to be exercising the option. ICM Capital option strategies are the simultaneous, often mixed, buying or selling of one or more options which differ in one or more of the options' variables.
ICM Capital review
ICM Capital Futures Trading
Futures trading with ICM Capital is where derivative financial contracts obligate a buyer to purchase an asset or a seller to sell an asset at a predetermined future date and set price using ICM Capital to facilitate the trade. A ICM Capital futures contract allows an investor to speculate on the direction of a security, commodity, or financial instrument available on ICM Capital. Typically, futures contracts are traded on an exchange such as ICM Capital; one trader agrees to buy a given quantity of securities or a commodity, and take delivery on a certain date. The selling ICM Capital trader to the contract agrees to provide it.
ICM Capital review
ICM Capital Bonds Trading
Bonds trading on ICM Capital is a way of making profit from fluctuations in the value of corporate or government bonds. The government will pay a defined interest rate on an investment for the duration of the issued bond, and then give the original sum back at the end of the loan's term to the ICM Capital trader. Bonds can be bought and sold on ICM Capital after they are issued. While some bonds are traded publicly through ICM Capital, most trade over-the-counter between large broker-dealers like ICM Capital acting on their clients' or their own behalf. Yield is therefore based on the ICM Capital purchase price of the bond as well as the coupon.
ICM Capital CFD Trading
A contract for difference (CFD) allows traders to speculate on the future market movements of an underlying item without owning it or taking physical delivery of it. CFDs can be used to trade a variety of underlying assets, including stocks, commodities, and foreign exchange.
Name | ICM Capital | IC Markets | Roboforex |
Forex CFD | 61 | 35 | |
Index CFD | 25 | 30 | |
Stock CFD | 110 | 8400 | |
ETF CFD | 30 | 50 | |
Commodity CFD | 20 | 20 | |
Crypto CFD | Yes | Yes | No |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
ICM Capital review
ICM Capital Trading Research Tools
Taking advantage of ICM Capital trading research tools which are designed to help traders analyse potential investments using the ICM Capital trading platform. Some ICM Capital research tools include charts, technical analysis, and ICM Capital trading indicators.
ICM Capital Trading News
Traders can follow the markets and make wise investment decisions on ICM Capital by using the news to help form a strategy when it comes to choosing investments. A ICM Capital news trading strategy involves trading based on news and market expectations, both before and following news releases. Traders need to assess the news immediately after it is released and make a quick judgement on how to trade as a result.
ICM Capital Economic Calendar
An economic calendar is used by investors to monitor market-moving events, such as economic indicators and monetary policy decisions. Market-moving events, which are usually announced or released in a report, have a high probability of impacting the financial markets. A ICM Capital economic calendar is a resource that allows traders to learn about important economic information scheduled to be released throughout the major economies. Events may include indicators such as GDP, the consumer price index (CPI), and the Non-Farm Payroll (NFPs) report.
ICM Capital Fundamental Data On Financial Instruments & Companies
Fundamental research does not usually generate findings that have immediate applications in a practical level. Fundamental research aims to answer the questions of why, what or how and tend to contribute to the pool of fundamental knowledge in a research area. ICM Capital fundamental analysis research data looks at the price movement of a security and uses this data to attempt to predict future price movements. Fundamental analysis, on the other hand, looks at economic and financial factors that influence a business. Fundamental analysis therefore evaluates securities by attempting to measure their intrinsic value.
ICM Capital Charting
Technical analysis indicators such as MACD,RSI, Stochastics, OBV, and Fibonacci are vital for trading. The primary types of chart used by traders on ICM Capital are the Candlestick Chart, Line Chart, Point and Figure charts, and Renko Chart. Charts such as these are plotted either on an arithmetic or logarithmic scale and the analyst then goes with either one depending on the information acquired.
ICM Capital portfolios
Trading portfolios are useful when trading with ICM Capital.
A trading portfolio is made up of various investment vehicles. Distinct trading portfolios, each tailored toward a different investing strategy, might be owned by an investor.
A ICM Capital trading portfolio is a traders collection of investments, which may include a variety of ICM Capital financial instruments.
ICM Capital review
ICM Capital Payment Methods
A ICM Capital payment method is required to fund your ICM Capital trading account before placing a buy or sell order on a financial instrument.
When trading with ICM Capital, there are a variety of payment options accessible; different brokers support different deposit and withdrawal methods. Each trade payment option has its own set of benefits and cons in terms of costs, processing times, and limits. Some thing to be aware of is if your bank accounts base currency is different to the base currency of your trading account, your bank may add additional transfer fees that ICM Capital do not have any control over.
Name | ICM Capital | IC Markets | Roboforex |
Payment Methods | Credit Card, Mastercard, Neteller, PayPal, Skrill, UnionPay, Visa, Wire Transfer | BPAY, Credit Card, FasaPay, Giropay, Mastercard, Neteller, PayPal, POLi, QIWI, Rapid Transfer, Skrill, UnionPay, Visa, Wire Transfer, Yandex Money | ADVcash, Alipay, Bitcoin Payments, Cashu, FasaPay, Giropay, iDeal, MoneyGram, Neteller, Perfect Money, POLi, QIWI, Rapid Transfer, SafeCharge, Skrill, Sofort, Trustly, Vietcombank Transfer, Visa, Webmoney, WeChat Pay, Wire Transfer, Yandex Money |
riskwarning | Try Now Your capital is at risk | Try Now Losses can exceed deposits | Try Now Losses can exceed deposits |
ICM Capital review
ICM Capital Withdrawl Methods
When trading with ICM Capital at some point you will want to release your funds back to your bank account or other withdrawal method. Many modern trading platforms offer withdrawal of your trading account balance to digital wallets and direct bank transfers. Depending on your geo region certain withdrawal methods may be more convenient to you. Each withdrawal method has its own withdrawal time which you will have to check before withdrawing your ICM Capital account balance. ICM Capital may have minimum withdrawal limits that you will need to check before withdrawing.
You may be charged a currency conversion fee by your withdrawal method if you withdraw your ICM Capital account balance in a currency other than GBP, or whatever your withdrawal method account base currency is.
ICM Capital Withdrawals Times
The time it takes for your withdrawal to arrive is determined by the method you used to make it. It's important to remember that this is the payment method you used to fund your ICM Capital account.
Withdrawal requests can take up to three business days to be processed by ICM Capital.
You may anticipate to receive your money within three business days for bank transfers, credit/debit cards, and digital wallets.
If you're having a withdrawal transferred to your digital wallet account, your ICM Capital should arrive in less than 24 hours.
ICM Capital review
ICM Capital Customer Support
Customer support represents the resources within the ICM Capital company that provides technical assistance to its customers after they use the ICM Capital service. A customer may often need to seek out support when they are in need of help, so a customer support team must be easy to contact, available, and responsive.
ICM Capital offer email, livechat, phone, customer support.
ICM Capital Email Support
ICM Capital offers email support.
Email support is a a convenient method of ICM Capital customer service but responses to support queries are not quick. You may have to wait between 1 - 3 days for a response from ICM Capital regarding your support request.
ICM Capital Livechat Support
ICM Capital offers livechat support.
ICM Capital live chat support is a way for customers to obtain help from ICM Capital through an instant messaging platform. It happens at a one-to-one level, often via the company's website. It can be a proactive chat pop-up, with a chat box appearing on the screen and asking if you need help. Clicking on it would then connect you to a live agent. Livechat is great if you require a reponse to your support request withing 15 minutes.
ICM Capital Telephone Support
ICM Capital offers telephone support.
ICM Capital telephone Support is often used for pre-sale queries, order taking, or even upselling and cross-selling, and troubleshooting. Outbound calls are calls made to customers from the ICM Capital call centre to give or take information.
ICM Capital Average Support Response times
Contact Method | Average Response Time |
---|---|
ICM Capital Live Chat | 4 minutes |
ICM Capital Email | 6 hours |
ICM Capital Phone | 5 minutes |
We tested the customer service response times of ICM Capital on Monday, November 4, 2024.
ICM Capital review
ICM Capital Educational Resources
ICM Capital educational resources are used throughout the ICM Capital learning environment to help and assist with customer's development and learning of trading on ICM Capital. They are designed to reinforce learning and in some cases allow people to put their knowledge to the test using ICM Capital trading tools. Educational resources like some of the resources available with ICM Capital are a good as part of a wider set of educational guides and information from else where online.
Some of the ICM Capital trading guides and information that we found useful included forex trading courses, market psychology webinars, platform tutorials, daily news.
ICM Capital Trading Platform Tutorials
ICM Capital offer a range of learning resources and tutorials and guides made available to registered ICM Capital users. The ICM Capital guides are usually broker down into indepth articles explaining varioius trading topics, quizes and video explainers which aim to educate ICM Capital users on basic trading principles.
ICM Capital Trading Videos
ICM Capital offer a selection of online trading videos.
Trading videos on ICM Capital help new and even more experienced investors gain insights into ICM Capital technical analysis tools and how the different financial markets work when trading on ICM Capital.
ICM Capital trading videos cover the basics of financial instruments like stocks, Forex, commodities, ETFs and cryptocurrencies. Some ICM Capital training videos help widen your trading knowledge. The more trading knowledge you have the better you will be able to mitigate and understand trading risks when using ICM Capital to trade live financial markets.
ICM Capital Webinars
ICM Capital offers access to online webinars. A webinar is an interactive online event in which a speaker (or a small group of speakers) delivers a presentation to a large audience of ICM Capital clients who participate by asking questions, replying to polls, and using other interactive technologies available on the ICM Capital trading platform.
ICM Capital review
ICM Capital Financial Regulation When Trading
Financial regulations on ICM Capital protect consumers' investments. Regulations prevent financial fraud and limit the risks that ICM Capital as a financial institution can take with their investors' money. Financial regulators oversee three main financial sectors: banking, financial markets, and consumers. A well-functioning financial system is vital for the economy, businesses and consumers. ICM Capital financial regulation is part of ensuring the safety and soundness of the financial system and protecting consumers.
Is ICM Capital Regulated?
ICM Capital is regulated by Financial Conduct Authority (FCA), Financial Services Authority St. Vincent and the Grenadines (SVGFSA).
ICM Capital is licensed by financial regulators in certain jurisdictions. You can find out if brokers like ICM Capital are licensed in your country, if they have had run-ins with regulators, or received serious complaints from ICM Capital investors, directly with financial regulators in your country.
ICM Capital Regulatory Protection Limits
When registering with ICM Capital you must check with regulatory body your ICM Capital trading account falls under. Even though you are a resident of the UK for example your account may fall under regulatory rules outside the jurisdiction of the FCA. Check which company entity and regulation your ICM Capital account is over seen by. ICM Capital client funds are stored in segregated 3rd party bank account in accordance with ICM Capital financial regulators.
Client country | Investor protection amount | Regulator |
---|---|---|
United Kingdom | ยฃ85,000 | Financial Conduct Authority (FCA) |
EU Investor Compensation Scheme | max โฌ50,000 | Directive of The European Parliament and European Commission |
Other countries | 90% of your funds, max โฌ20,000 | Bulgarian Financial Supervision Commission (FSC) |
ICM Capital Trading Signals
ICM Capital does not offer trading signals in any form.Make sure you understand the risks of trading signals.
How does ICM Capital make money?
Because ICM Capital acts as an intermediary, ICM Capital gets compensated on buy and sell transactions of financial instruments. As a result, ICM Capital profit is determined by the volume and number of transactions. ICM Capital earns revenue to fund their ICM Capital platforms and wide range of trading services through market spreads.
Can you buy shares on ICM Capital?
ICM Capital does not provide customers with real company shares trading.
Does ICM Capital offer Cryptocurrency?
ICM Capital does offer cryptocurrency trading. Although the Financial Conduct Authority in the UK has banned Crypto CFD trading for UK residents. Its still perfectly legal to buy non leveraged crytocurrencies where you own the underlying crypto assets.
ICM Capital Lower fees, lower costs?
ICM Capital have reasonable trading fees and costs. ICM Capital do not charge a deposit fee. ICM Capital may charge a withdrawal fee. Some withdrawal fees are out of the control of ICM Capital and may be due to 3rd party payment providers and your account base currency.
What about the minimum deposit?
ICM Capital minimum deposit is 200 USD / GBP / EUR.
How to start your ICM Capital account?
You can sign up for a live or demo ICM Capital trading account by visiting ICM Capital and signing up. Enter your details, upload proof of ID, fund your account and you should be up and trading within a few hours. Open an ICM Capital account here.
How's the ICM Capital trading app?
ICM Capital allow traders to trade financial markets on iOS, Android supported mobile devices.
You can tryout the ICM Capital trading app here. Your capital is at risk
Is the quality of ICM Capital customer service satisfactory?
ICM Capital have average customer support offering support through email, livechat, phone, support options.
Is this broker good for new traders?
ICM Capital is a good trading platform for new traders as ICM Capital offer a good range of educational resources, good support options as well as a demo account.
How do you withdraw money from ICM Capital?
ICM Capital offer a good selection of withdrawal options. Once ICM Capital have confirmed and approved your withdrawal information, withdrawals are usually processed within 1 to 3 days.
Best ICM Capital Alternatives Reviews
If ICM Capital isnt quite what you are looking for you can check out some of the best ICM Capital alternatives below.
- IC Markets Review (read our in depth 2024 review)
- Roboforex Review (read our in depth 2024 review)
- AvaTrade Review (read our in depth 2024 review)
Best ICM Capital Alternatives In Detail
If you would like to see ICM Capital compared agains some of the best ICM Capital alternatives available right now you can do so by clicking on the links below.
- IC Markets Alternatives (read our in depth 2024 Alternatives for IC Markets)
- Roboforex Alternatives (read our in depth 2024 Alternatives for Roboforex)
- AvaTrade Alternatives (read our in depth 2024 Alternatives for AvaTrade)