ICM Capital
ICM Capital is a long-established broker known for its execution-focused approach and broad international presence. It offers access to global markets through professional platforms designed for stability, speed, and technical analysis. The broker emphasizes transparent pricing, multiple account structures, and disciplined trading conditions. Its operating model appeals to traders who value reliability, structure, and consistent market access. Overall, ICM Capital positions itself as a practical broker built for methodical and performance-oriented trading participation.
ICM Capital is an international brokerage firm headquartered in the United Kingdom that offers trading services exclusively through Contracts for Difference. The broker operates under regulation from the Financial Conduct Authority, one of the most stringent financial regulators globally, which defines much of its operational framework and overall positioning. ICM Capital presents itself as a broker focused on transparency, regulatory compliance, and execution efficiency rather than innovation-driven or speculative features.
The broker provides access to a range of markets including forex, commodities, indices, equities, and futures, all offered under the CFD format. ICM Capital does not provide access to real assets or traditional investment products, reinforcing its identity as a derivatives-focused trading provider. Its market offering is structured to cover widely traded instruments rather than niche or alternative asset classes.
ICM Capital supports several established trading platforms, including MetaTrader 4, MetaTrader 5, and cTrader. This platform selection reflects the broker’s emphasis on professional-grade trading infrastructure and compatibility with advanced technical strategies. By offering multiple widely used platforms, ICM Capital allows traders to operate within familiar environments while maintaining consistent execution conditions.
The broker offers two main account types designed to accommodate different trading preferences. The ICM Direct account operates without commissions and applies standard spreads, while the ICM Zero account offers tighter spreads in exchange for a commission per lot traded. Both account types are available with a minimum deposit starting from USD 100, making them accessible to a broad range of retail traders.
Maximum leverage at ICM Capital is capped at 1:200, reflecting the regulatory constraints associated with FCA oversight. While this leverage level is lower than what offshore brokers may offer, it aligns with the broker’s risk-controlled and compliance-oriented operating model. ICM Capital does not charge inactivity fees or deposit fees, reinforcing its commitment to a clear and predictable cost structure.
In accordance with regulatory requirements, ICM Capital discloses that 76% of retail investor accounts lose money when trading CFDs. This disclosure highlights the inherent risks associated with leveraged derivative trading and frames the broker’s services within the realities of the CFD market.
Regulation and Trust
ICM Capital operates under regulation from the Financial Conduct Authority of the United Kingdom, which is widely regarded as one of the most rigorous financial supervisory authorities in the industry. FCA regulation establishes strict requirements related to transparency, operational conduct, and client protection, forming the foundation of ICM Capital’s regulatory identity.
Operating within the FCA framework means that ICM Capital must comply with defined leverage limits, reporting standards, and operational controls. These requirements directly influence the broker’s trading conditions, product offering, and risk management policies. As a result, the broker’s services are structured to prioritize regulatory compliance over aggressive trading incentives.
From a trust perspective, FCA oversight provides a clear reference point for traders seeking a regulated and supervised trading environment. ICM Capital does not rely on multiple offshore or lightly regulated entities, instead anchoring its operations within a single, highly recognized regulatory jurisdiction.
GCC Regulators
Top-tier Global
Other / Offshore
We verify claimed licenses against official registers when possible.
This regulatory clarity supports ICM Capital’s positioning as a serious and professional CFD broker focused on operational stability and compliance rather than flexibility-driven expansion.
Costs (Spreads & Fees)
ICM Capital’s cost structure is designed to be transparent and straightforward, aligning with its regulated operating model. Trading costs depend primarily on the account type selected, allowing traders to choose between commission-free pricing or tighter spreads with commission-based execution.
The ICM Direct account applies standard spreads without charging commissions, making it suitable for traders who prefer simplicity and predictable trading costs. In contrast, the ICM Zero account offers reduced spreads while applying a commission per lot, catering to traders who prioritize tighter pricing and are comfortable with commission-based structures.
Beyond trading-related costs, ICM Capital does not apply inactivity fees or deposit fees, reducing non-trading expenses that can impact long-term account maintenance. This policy contributes to a cleaner and more transparent cost environment for active and occasional traders alike.
Values are Dynamic and they are subject to change upon market conditions.
Overall, ICM Capital’s pricing framework reflects a balanced approach focused on clarity and regulatory alignment rather than aggressive discounting or promotional pricing.
Platforms and Tools
ICM Capital offers access to three widely recognized trading platforms: MetaTrader 4, MetaTrader 5, and cTrader. This platform selection provides flexibility while maintaining a professional trading environment suited to technical and execution-focused traders.
MetaTrader 4 and MetaTrader 5 support advanced charting, automated trading systems, and a wide range of technical indicators. cTrader further expands the broker’s platform offering by providing an alternative interface favored by traders seeking depth-of-market functionality and precision execution.
- MetaTrader 4 (MT4)
- MetaTrader 5 (MT5)
- cTrader
The availability of these platforms allows ICM Capital to support a wide range of trading strategies, including discretionary trading and algorithmic approaches, without relying on proprietary or experimental software.
Assets & Markets
ICM Capital provides access to a selection of global markets through CFDs, including forex, indices, commodities, equities, and futures. This offering covers core asset classes commonly traded by retail and professional CFD traders.
All instruments are available exclusively under the CFD format, meaning traders speculate on price movements without owning the underlying assets. The broker does not provide access to physical instruments or investment-style products.
Stocks coverage
- Real stocks Not available
- Stock CFDs 130+
- Fractional shares Available
- Short selling Available
| Asset class | Available |
|---|---|
| ETFs | ✗ |
| Forex | ✓ |
| Indices | ✓ |
| Commodities | ✓ |
| Crypto | ✗ |
| Options | ✗ |
| Bonds | ✗ |
The asset offering is designed to support diversified trading strategies across major markets while maintaining a controlled and regulation-compliant product scope.
Education
ICM Capital’s educational offering is limited and does not form a central component of its value proposition. The broker does not position itself as a learning platform for beginner traders or as a provider of extensive educational programs.
Educational resources, where available, are intended to support basic understanding of trading mechanics and platform usage rather than in-depth strategy development or skill-building initiatives.
This restrained approach to education aligns with ICM Capital’s overall focus on execution quality, platform reliability, and regulatory compliance rather than trader onboarding through educational content.
Support
Customer support at ICM Capital is structured to assist traders with operational, account-related, and platform-specific inquiries. Support services are designed to ensure smooth account operation within the broker’s regulated framework.
- Email support
- Phone support
- Live chat
The support model emphasizes functional assistance and reliability, reflecting the broker’s professional and compliance-oriented operating style.
Verdict
ICM Capital presents itself as a well-regulated and execution-focused CFD broker designed for traders who prioritize regulatory certainty, stable trading conditions, and access to established platforms. Its FCA regulation sets a clear framework for its operations, influencing leverage limits, product scope, and overall risk management.
The broker’s dual-account structure provides flexibility between commission-free trading and tighter spreads with commissions, allowing traders to align pricing with their individual trading styles. The absence of inactivity and deposit fees further reinforces its transparent cost structure.
With support for MT4, MT5, and cTrader, ICM Capital appeals to technically oriented traders who value platform familiarity and advanced execution tools. However, its lack of real assets, social trading features, and comprehensive educational resources means it is not designed for beginners or long-term investors.
Overall, ICM Capital is best suited for traders seeking a professional, regulated CFD trading environment with clear pricing, stable execution, and industry-standard platforms. It stands as a solid option for disciplined traders who value compliance and operational reliability over leverage, innovation, or product breadth.
Frequently Asked Questions
Is ICM Capital a regulated broker?
Yes, ICM Capital is regulated by the Financial Conduct Authority (FCA) in the United Kingdom.
Does ICM Capital offer real assets?
No, ICM Capital offers trading exclusively through CFDs and does not provide access to real assets.
What is the minimum deposit at ICM Capital?
The minimum deposit required to open an account is USD 100.
Which platforms does ICM Capital support?
ICM Capital supports MetaTrader 4, MetaTrader 5, and cTrader.
What markets are available at ICM Capital?
ICM Capital offers CFDs on forex, indices, commodities, equities, and futures.
Disclaimer: This content is for education only and is not investment advice.
