ICM.com Review: Exploring Its Full features

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ICM.com is a global brokerage firm with roots in London. In this forex trading broker review, we will explore the landscape of ICM.com, from its inception and the visionary ideals to its expansive suite of trading products. This exploration is designed to offer a comprehensive understanding of ICM.com broker for both new and professional traders.

ICM.com: Overview 


Established: 2009
Headquarters: London, United Kingdom
Trading Platforms: MetaTrader 4, MetaTrader 5, cTrader
Mobile Trading: Yes
Minimum Deposit: $200
Account Types: ICM Direct, ICM Zero

ICM.com was launched in London in 2009, driven by a mission to create a trading environment known for its strength, reliability, and ethical standards. Under the guidance of its founder, Shoaib Abedi, the firm has not only adhered to the regulatory benchmarks but has also expanded its global presence, opening over 20 offices worldwide. 

The broker’s expansion underscores its dedication to meeting the varied requirements of its customers, including retail and institutional clients, asset managers, and introducing brokers. This is achieved through a comprehensive portfolio of trading products like currencies, stocks, commodities, and indices.

Regulation and Registration 

ICM.com is acknowledged for its robust regulatory compliance, operating under respected authorities such as the UK’s FCA, Mauritius’s FSC, and the FSA of Saint Vincent and the Grenadines, among others. This regulatory framework ensures that ICM.com provides a secure trading environment, customized to meet the diverse needs of its clients.

Account Types of ICM.com

Account Types

1. ICM Direct (ECN)

  • Minimum Deposit: $200
  • Spread: View contract specifications
  • Commission: $0
  • Maximum Leverage: 1:200
  • Instruments: Forex, metals, futures, shares, and cash CFDs

2. ICM Zero

  • Minimum Deposit:  $200
  • Spread: Starting from 0 on the EURUSD pair
  • Commission: $7/round lot for FX and metal only. No commission for other products.
  • Maximum Leverage: 1:200
  • Instruments: Forex, metals, futures, shares, and cash CFDs

Deposit and Withdrawal

The broker offers deposit funding through ICM Mastercard. You can top up your card directly through the app’s card reload service or other local and international transfer options, including services like MoneyGram, eFAWATEERcom, NFC service, and e-vouchers. For first-time deposits to your MT4 account, the process takes up to one working day, while subsequent deposits are updated instantaneously.

Withdrawing funds from your MT4 account to your ICM Mastercard is equally efficient. To initiate a withdrawal, simply login to the ICM Access account management system and submit your request. Withdrawals are processed within one working day. The ICM Mastercard supports linking to multiple accounts, with specific limits applied for clients in Jordan.

Products in ICM.com

ICM.com offers a wide range of trading products for various investment preferences and strategies.

Trading Platform of ICM.com

To accommodate the needs of modern traders, ICM.com provides access to leading trading platforms.

  • MetaTrader 4
  • MetaTrader 5
  • cTrader

Fees of ICM.com

Trading fees of ICM.com  include competitive spreads, starting from 0 pips on major pairs with the ICM Zero account. Traders should be aware of forex swap rates, based on the interest rate differential of the currency pair. Notably, positions held overnight on Wednesdays incur swap charges triple the normal rate. Additionally, US stocks, cash CFDs, Bitcoin, and Turkish Lira are listed as “Admin Charge.” Islamic swap-free accounts are available, but ICM may impose standard swap fees in cases of misuse, impacting the cost of trades.

ICM.com Promotions

10% Credit Bonus 

The broker offers clients a continuous 10% credit bonus for each new deposit over $1,000. This promotion is exclusively available to clients with live accounts at ICM Capital Limited (MU) and ICM Capital Limited (VC) on the MT4 platform. 

This credit transforms into cash once traders meet the required trading volume, calculated as the credit bonus divided by 5 in lots. The promotion allows for multiple bonuses per account, each up to a $1,000 maximum, with cash rewards processed monthly.

Customer Support 

Pros & Cons 

  • Global presence with over 20 offices
  • Regulated by respected authorities
  • Wide range of trading products
  • Competitive spreads
  • Islamic swap-free accounts available
  • Specific limits for clients in Jordan
  • Tripled swap charges on Wednesdays
  • Admin charges for certain instruments

Pros Explained

  • ICM.com demonstrates its global reach by establishing over 20 offices worldwide, indicating its extensive market coverage.
  • The broker gains trust through regulations by entities like the UK’s FCA, ensuring a secure trading environment.
  • Offering a variety of trading products, ICM.com caters to diverse trading preferences.
  • Competitive spreads, especially starting from 0 pips on major pairs, enhance trading conditions.
  • The provision of Islamic accounts caters to traders requiring swap-free options.

Cons Explained

  • Clients in Jordan might face restrictions due to specific deposit and withdrawal limits.
  • The triple swap charges on Wednesdays could be a deterrent for holding positions overnight on this day.
  • Certain instruments like US stocks and Bitcoin are subject to “Admin Charges,” which might increase trading costs.

Is ICM.com Worth Considering?


ICM.com presents itself as a strong player in the brokerage industry. It offers a wide range of trading products and easy-to-use platforms suitable for various trading styles. While the broker stands out with competitive spreads and innovative promotions like Credit to Cash, clients should consider the specific limitations and fees. Overall, ICM.com combines reliability, diversity, and innovation, making it a notable choice for traders exploring their brokerage options.


1. What is ICM.COM?

ICM.com is a global brokerage firm launched in London in 2009. It offers a wide range of trading products and is regulated by respected authorities, such as the UK’s FCA, Mauritius’s FSC, and more.

2. What are the account types available at ICM.COM?

ICM.com offers two main account types, including ICM Direct (ECN) and ICM Zero. Both provide access to various instruments with competitive leverage and spreads.

3. What platforms does ICM.COM support for trading?

The broker supports leading trading platforms such as MetaTrader 4, MetaTrader 5, and cTrader, with a range of tools and features.

4. Does ICM.COM charge any additional fees?

Yes, it may charge additional fees, including swap rates for holding positions overnight and admin charges for specific instruments. 

5. How can I open an account with ICM.COM?

To open an account, visit the website and follow the account registration process, which typically involves providing personal information, verifying your identity, and meeting any specific requirements for the chosen account type.

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