ICM Capital Review 2026
Established in 2009
•
UK
• FCA Regulated
ICM Capital is a well-established broker with a solid 4.1/5 rating. Regulated by FCA (highest protection tier), this broker offers spreads from 0.2 pips on EUR/USD with a minimum deposit of $200. Trade 200+ instruments including forex, CFDs, and more.
📊 ICM Capital Overview
ICM Capital is a well-established broker founded in 2009 headquartered in UK. The broker operates under the supervision of FCA , one of the world's most respected financial regulators known for strict oversight and investor protection .
With access to 200+ tradable instruments including 60 forex pairs , ICM Capital caters to diverse trading strategies. The broker uses ECN execution .
| Legal Name | ICM Capital |
|---|---|
| Founded | 2009 |
| Headquarters |
UK
|
| Primary Regulation | FCA (Tier 1 - Highest Protection) |
| Instruments | 200+ assets |
| Min Deposit | $200 |
| Max Leverage | 1:200 |
📖 ICM Capital — In-Depth Introduction
With over 17 years of industry experience, ICM Capital has established itself as a leading force in the forex and CFD trading space. The FCA license held by ICM Capital represents the gold standard in forex regulation. Traders can operate with confidence knowing their funds are protected by one of the world's most respected financial authorities. Targeting active traders and scalpers, ICM Capital offers some of the tightest spreads in the market at 0.2 pips on EUR/USD.
Company Background
ICM Capital has been operating in the financial services industry for 17 years. Headquartered in UK, the company has weathered multiple market cycles including the 2008 financial crisis and the 2020 pandemic volatility, demonstrating operational resilience.
The broker provides access to 200+ tradable instruments.
💸 ICM Capital Fees — Complete Cost Analysis
ICM Capital's fee structure is designed for high-volume traders who understand that every pip counts. The 0.2 pip average spread on EUR/USD translates to real savings over hundreds of trades. ICM Capital's ECN accounts feature $7.0 commission per lot, combined with raw spreads. Total trading costs often work out lower than spread-only accounts for high-volume traders. To put this in perspective: trading 10 lots per month on EUR/USD at ICM Capital's 0.2 pip spread would cost approximately $20 in spread fees alone. Compare this to an industry-average broker at 1.0 pips, where the same volume would cost $100.
Trading Costs Breakdown
💡 Cost Calculator: ICM Capital
Non-Trading Fees
| Fee Type | ICM Capital | Industry Average |
|---|---|---|
| Deposit Fee | Free | Free - $25 |
| Withdrawal Fee | Varies by method | $0 - $50 |
| Inactivity Fee | None | $10-50/month |
Want to compare fees with other brokers?
⚖️ Compare🛡️ Is ICM Capital Safe? — Complete Security Analysis
ICM Capital's 80/100 safety rating indicates acceptable risk levels. Key protections are in place, though some areas could be improved. ICM Capital implements institutional-grade fund security: segregated accounts, regular third-party audits, and in some jurisdictions, investor compensation scheme coverage up to €20,000.
Regulatory Framework
ICM Capital is regulated by FCA.
Security Features Checklist
Understanding the Trust Score
Our 80/100 Trust Score is calculated using 15+ safety factors including regulation, company history, financial transparency, and client fund protection.
📋 Methodology👤 Who Should Use ICM Capital?
✅ Best For
- Scalpers and high-frequency traders should consider ICM Capital for its 0.2 pip spreads and rapid execution. Every fraction of a pip saved adds up when executing dozens of trades daily.
- Muslim traders can benefit from ICM Capital's swap-free Islamic accounts, which comply with Sharia principles. No interest is charged on overnight positions.
❌ May Not Suit
- Those seeking the absolute lowest trading costs.
Looking for alternatives?
📝 The Bottom Line on ICM Capital
ICM Capital is a solid choice for most traders looking for reliability with a 4.1/5 rating.
📈 ICM Capital Detailed Scores
Our expert team evaluates brokers across 8 key categories. Here's how ICM Capital performed in our rigorous testing:
ICM Capital offers a solid trading experience with competitive conditions.
💰 ICM Capital Fees & Spreads
Understanding trading costs is crucial for profitability. ICM Capital uses a variable spread model with commissions of $7.0 per lot round turn. The average EUR/USD spread is 0.2 pips — one of the lowest in the industry.
📊 Typical Spreads
| Pair | Min | Average |
|---|---|---|
| EUR/USD | 0.2 | 0.2 pips |
| GBP/USD | 0.8 | 1.2 pips |
| USD/JPY | 0.6 | 1.0 pips |
| XAU/USD | 15 | 25 cents |
💳 Other Fees
| Commission (ECN) | $7.0/lot |
| Deposit Fee | Free |
| Withdrawal Fee | Free (method dependent) |
| Inactivity Fee | None |
| Swap-Free (Islamic) | ✓ Available |
💡 Trading Cost Example
Trading 1 standard lot (100,000 units) of EUR/USD with ICM Capital:
- Spread Cost: 0.2 pips × $10/pip = $2.0
- Commission: $7.0 round turn
- Total Cost: $9.0 per lot
🛡️ ICM Capital Regulation & Safety
ICM Capital is regulated by FCA, a Tier 1 - Highest Protection regulatory authority. This means the broker must adhere to the strictest financial regulations, including capital requirements, regular audits, and mandatory investor protection schemes.
📜 Regulatory Licenses
🔒 Safety Features
- ✓ Segregated Client Funds
- ✓ Negative Balance Protection
- ✗ Investor Compensation
- — Publicly Traded
🎯 Trust Score: 80/100
High Trust: ICM Capital has demonstrated excellent regulatory compliance and safety standards.
🖥️ ICM Capital Trading Platforms
ICM Capital offers 3 trading platforms, giving traders flexibility in how they access the markets. Mobile apps are also available for iOS and Android.
MetaTrader 4
The world's most popular forex platform. Ideal for beginners and algo traders with Expert Advisor support.
- ✓ Expert Advisors (EAs)
- ✓ Custom Indicators
- ✓ One-Click Trading
- ✓ Mobile & Desktop
MetaTrader 5
Advanced multi-asset platform with more timeframes, order types, and improved backtesting.
- ✓ 21 Timeframes
- ✓ Depth of Market
- ✓ Economic Calendar
- ✓ Multi-Asset Support
📋 Platform Comparison
| Feature | MT4 | MT5 | cTrader |
|---|---|---|---|
| Available | ✓ | ✓ | ✗ |
| Copy Trading | ✗ | ✗ | ✗ |
| Algo Trading | ✓ | ✓ | ✗ |
| VPS Available | Not offered | ||
| API Access | Not available | ||
🌐 ICM Capital Tradable Instruments
ICM Capital offers access to 200+ tradable instruments across multiple asset classes. This includes 60 forex pairs .
👤 ICM Capital Account Types
ICM Capital offers various account types to suit different trading needs and experience levels. Demo accounts are available for practice. Swap-free Islamic accounts are also available for Muslim traders.
Practice with virtual funds
Compliant with Sharia law
Not available
Not available
Not available
💳 ICM Capital Deposits & Withdrawals
ICM Capital requires a minimum deposit of $200 .
📥 Deposit Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets (Skrill, Neteller)
📤 Withdrawal Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets
⚖️ ICM Capital Pros & Cons
✅ Pros
- Ultra-low spreads from 0.2 pips on EUR/USD
- Top-tier FCA regulation ensures high safety standards
- Offers both MetaTrader 4 and MetaTrader 5 platforms
- Free demo account available for practice
- Negative balance protection for retail traders
- Swap-free Islamic accounts available
❌ Cons
- No copy trading feature
- Limited educational resources for advanced traders
📚 ICM Capital Education & Research
ICM Capital's educational offerings are limited compared to some competitors.
Limited
Not available
Basic coverage
Available on trading platforms
🎧 ICM Capital Customer Support
ICM Capital offers customer support to assist traders with their queries.
⭐ ICM Capital User Reviews
📝 User reviews will be displayed here. Share your experience with ICM Capital!
Write a Review🏆 ICM Capital — Our Verdict
ICM Capital is a solid choice for most traders. With FCA regulation, 0.2 pips EUR/USD spreads, and a $200 minimum deposit, this broker is a good choice for safety-conscious traders .
Best for: Scalpers and high-frequency traders , Safety-focused traders
⚠️ Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
❓ ICM Capital — Frequently Asked Questions
Is ICM Capital a safe and regulated broker?
Yes, ICM Capital is regulated by FCA, which is a Tier 1 - Highest Protection regulatory authority. Client funds are kept in segregated accounts with negative balance protection.
What is the minimum deposit at ICM Capital?
The minimum deposit at ICM Capital is $200.
What trading platforms does ICM Capital offer?
ICM Capital offers the following trading platforms:
- MetaTrader 4 (MT4) — The most popular forex trading platform
- MetaTrader 5 (MT5) — Advanced multi-asset platform
- Web Platform — Trade directly from your browser
- Mobile Apps — Available for iOS and Android
What are ICM Capital's spreads on EUR/USD?
ICM Capital offers EUR/USD spreads with an average of 0.2 pips. On ECN accounts, there's a commission of $7.0 per lot round turn.
How long do withdrawals take at ICM Capital?
Withdrawal processing times at ICM Capital depend on the payment method:
- E-wallets: 0-24 hours
- Credit/Debit Cards: 2-5 business days
- Bank Transfers: 3-7 business days
Does ICM Capital offer a demo account?
Yes, ICM Capital offers free demo accounts with virtual funds so you can practice trading without risking real money. This is an excellent way to test the platform and develop your trading strategy.
What is ICM Capital's maximum leverage?
ICM Capital offers maximum leverage of 1:200. However, note that leverage limits vary by region due to regulatory requirements:
- EU/UK/Australia: Up to 1:30 for major forex pairs (retail)
- Professional traders: Higher leverage may be available upon qualification
- Other jurisdictions: Leverage up to 1:200 may be available
Higher leverage increases both potential profits and potential losses.
Can I use ICM Capital in ?
ICM Capital accepts traders from . The broker operates under FCA regulation. Always verify current availability and applicable regulations on the broker's website.
Does ICM Capital offer Islamic (swap-free) accounts?
Yes, ICM Capital offers Islamic (swap-free) accounts that comply with Sharia law. These accounts do not incur swap charges for positions held overnight. Contact ICM Capital's support to request an Islamic account.
What instruments can I trade with ICM Capital?
ICM Capital offers access to 200+ tradable instruments:
- 60 Forex currency pairs
