Broker Review · last checked July 2, 2026
ICM Capital Review
ICM Capital operates under the broader ICM.com umbrella. Public information confirms FCA authorisation for ICM Capital Limited in the UK, alongside other regional entities and funding routed via ICM Access. Traders should verify the precise legal entity, onboarding terms, and payment rules before depositing with any CFD broker.
- Primary-source research from official broker and regulator pages
- Entity-specific regulation and funding checks
- Built for broker comparison and due diligence
ICM Capital at a glance
Listing status: Eligible With Caution · regulated, fca, mt4, mt5
Our verdict
ICM Capital functions as a group of regulated entities rather than a single global broker. Official sources confirm that ICM Capital Limited is authorised and regulated by the UK's FCA under number 520965. The brand also identifies entities in the UAE, South Africa, Mauritius, and Seychelles. This broad presence can be helpful, but it means the protections, payment rules, and terms you receive depend on which entity holds your account. For traders, the key issue is not just regulation but understanding the specific ICM entity you contract with and what that implies for safeguards and dispute resolution.
Who this broker suits
- Traders who want a broker with clearly published legal-entity references
- Users who prioritize an FCA-linked UK entity and can verify the exact account company
- Traders who want mainstream platform support and documented funding/withdrawal rules
- You want a single simple global entity with no jurisdictional complexity
- You do not want to verify the exact legal entity before funding
- You require extensive public third-party review data before opening an account
Entity and regulation table
| Entity / brand | Regulatory status | Regulator / register | Evidence notes |
|---|---|---|---|
| ICM Capital Limited | Authorised by FCA | FCA Financial Services Register | FRN 520965; FCA warning confirms this is the genuine authorised firm. |
| ICM Capital SA (Pty) Ltd | Authorised financial services provider | FSCA public list | FSP 53234; listed on FSCA authorised crypto asset providers list. |
| ICM Capital LLC | Not Verified In Public Registers | Official website / client docs | Official terms say Saint Vincent entity; I could not verify a public SVG register entry. |
| ICM Capital brand website | Broker website / support centre | Official website | icmcapital.com client portal and support pages; site routes users to account-opening and login. |
Key facts table
| Topic | What public sources show | Why it matters |
|---|---|---|
| Platforms | MetaTrader 4 is referenced on official pages; cTrader was officially announced in 2017 | Platform support can differ by entity and region. |
| Funding | Deposits and withdrawals are handled through ICM Access / ICM Cashier | The live payment menu is part of the account experience. |
| Third-party payments | ICM says third-party payments are not accepted | This affects family, business, and wallet funding setups. |
| Withdrawal timing | ICM says withdrawals are processed within 24 business hours of request receipt | Actual receipt can still vary by method and bank processing. |
| Card withdrawals | ICM says card withdrawals are limited to the original card deposit amount | Useful to know before funding by card. |
| Availability | ICM says it does not serve the USA, North Korea, China, and certain other countries | Geographic access is restricted. |
| Risk Warning | ICM states a high percentage of retail CFD accounts lose money | Retail CFD trading is high risk. |
| Minimum deposit | Not clearly published in the official public sources reviewed | Confirm inside the live account flow before depositing. |
Where a fact is not clearly published, the table flags the gap instead of guessing.
Alternatives to ICM Capital
| Broker | Comparison score | Regulator signals | Platforms | Why compare | Review |
|---|---|---|---|---|---|
 XTB | 75.5 | FCA, CySEC, KNF | xStation, xStation mobile app | Readers who want a broker with publicly disclosed multi-jurisdiction regulation, Users who value transparent fee pages and entity-level lega | Read review |
 Capital.com | 73.5 | CySEC, Securities Commission of The Bahamas | Proprietary web platform, Mobile app, TradingView | Readers who want a broker with clear public legal-entity and regulator disclosures, Users looking for a proprietary web/mobile platform plus | Read review |
 Colmex Pro | 70 | Cyprus Securities and Exchange Commission (CySEC), Financial Sector Conduct Authority (South Africa) | Colmex Pro 2.0, MT4, Web Trader | Readers who want a CySEC-listed broker with publicly verifiable entity details, Traders comparing U.S. equities-focused platforms and MT4 av | Read review |
 CMC Markets | 69.5 | FCA | Next Generation, MT4, MT5 | Traders who want a well-documented broker with clear public legal disclosures, Users who value proprietary platform depth alongside MT4/MT5 | Read review |
 Interactive Brokers | 68 | SEC, FINRA | IBKR Desktop, IBKR Mobile, Trader Workstation (TWS) | Experienced traders who want a broad platform lineup, Users who value detailed public disclosures, Clients who want multiple funding and acc | Read review |
Alternatives are sorted by the TopOnlineForexBrokers comparison score as of July 2, 2026. The score is not a safety guarantee.
What stands out in public sources
Regulation and funding access are the clearest points in public records: official references consistently cite FCA registration 520965 and indicate deposits and withdrawals go through ICM Access. The broker claims to support multiple funding methods, with withdrawal requests handled online. Product offerings include MetaTrader 4, still mentioned on the main site, and cTrader, confirmed in a 2017 announcement. However, details such as minimum deposits and spreads are not clearly stated publicly, so traders should verify these inside the live account environment before funding.
Why this review is different
Rather than treating ICM Capital as a single uniform offer, this review emphasises the practical checks traders must perform: confirming the legal entity, checking jurisdiction during onboarding, understanding regional payment rules, and watching for clone site warnings. This approach is more useful given the fragmented public data spread across multiple ICM-branded domains.
Entity and regulation
ICM’s official pages state that ICM Capital Limited is authorised and regulated by the UK FCA under registration number 520965. Additional entities and regulators are listed on regional pages, including the UAE’s SCA, ADGM FSRA, South Africa’s FSCA, Seychelles FSA, Mauritius FSC, and Switzerland’s ARIF. Since these appear only on regional sites, traders should not assume their account is with the UK entity or enjoys FCA protections. The FCA has also issued a warning about an ICMFX Capital clone of an FCA-authorised firm, so verifying domain and entity details is crucial.
Fees, accounts, and platforms
ICM’s public information confirms account access via ICM Access, with funding managed through ICM Cashier. MetaTrader 4 is referenced on official pages, and a 2017 announcement confirms cTrader was added. There is no clear, universal minimum deposit or simple fee summary on the main site. Traders should review live account application and funding screens carefully for entity-specific terms, especially regarding spreads, commissions, inactivity fees, and account types.
Deposits and withdrawals
Funding pages state that deposits and withdrawals go through ICM Access, with deposits often credited within one business day after receipt. Withdrawal requests are submitted online. The broker prohibits third-party payments, notes some international bank transfers may incur charges, and limits card withdrawals to the original card deposit amount. These controls are helpful but reinforce the need to read payment policies carefully before using cards, wallets, or wire transfers.
Country availability caveat
ICM’s site excludes residents of the USA, North Korea, China, and certain other countries, stating services are not offered where prohibited by law. Still, availability varies by entity and licensing scope, so your country is not the only factor; the onboarding entity and client agreement also matter.
Alternatives to consider
When comparing brokers, look for those with clearly published legal entities, fee schedules, and platform offerings specific to your region. Useful comparison points include regulatory status, transparency on funding methods, and availability of searchable client agreements. Traders focused on MetaTrader or cTrader should also compare execution models, minimum deposits, and withdrawal policies before deciding.
Common questions
Is ICM Capital safe?
No broker can be called universally safe. The strongest available assurance is FCA authorisation for ICM Capital Limited under number 520965. Still, safety depends heavily on the exact entity, your jurisdiction, the account terms, and whether you use the official site rather than a clone.
Is ICM Capital regulated?
Yes, official sources confirm ICM Capital Limited is regulated by the UK FCA. The brand also lists several regional entities on its access and funding pages, so you should verify which company will hold your account before opening one.
What platforms does ICM Capital offer?
The broker references MetaTrader 4 on its official pages and confirmed adding cTrader in 2017. Platform availability may vary by entity and region, so check your live account application for the exact list.
Does ICM Capital publish a minimum deposit?
No clear minimum deposit is published on the reviewed public pages. Since requirements differ by entity, payment method, and region, the live account screens are the best place to confirm this.
How do deposits and withdrawals work at ICM Capital?
Funding is handled via ICM Access and ICM Cashier. Deposits are typically credited within one business day after receipt. Withdrawals are requested online. Card withdrawals are limited to the amount originally deposited by card, and third-party payments are not accepted.
Does ICM Capital accept clients from the United States?
ICM states it does not offer services to US residents or several other restricted countries. If you live outside those, availability still depends on the entity and local rules.
What is the biggest due-diligence risk with the ICM brand?
The main risk is confusing the legitimate regulated entity with a clone or lookalike website. The FCA has issued a warning about an ICMFX Capital clone of an FCA-authorised firm, so verifying domain, company name, and registration number is essential.
Check the details yourself
These are the pages we relied on. Read them before you open an account or send money anywhere.