ICM Brokers reviews

ICM Brokers_logo ICM Brokers 6/10 (votes 6806)

On-line since: 2008
Country of origin: USA
Regulation: FSC
Payment options: Wire Transfer, Net Teller, Paypal
Minimum account size: $300
Minimum lot size: 0.01 lot
Leverage: 1:100 - 1:400
Spreads: from 0.5 EUR/USD

ICM Brokers is a US forex broker founded in 2008. The company is a financial institution specializing in online execution and clearing services for retail and institutional investors. The broker is registered in the Republic of Mauritius. ICM Brokers has the head office in New York, USA as well as the customer service office in Dubai, UAE. Additionally, ICM Brokers has affiliated IB offices in over twenty other countries worldwide. The company operates under the strict oversight of the FSC. The broker is also a member of Bourse Africa Exchange.

All real commercial transactions are brought directly to the interbank market that allows traders to receive exact and competitive prices in real time.

Trading is conducted through the MetaTrader 4 platform which enables users to make transactions in the foreign exchange market and trade gold and silver, futures and contracts for difference.

The broker provides traders with necessary financial information, offers an economic calendar, technical analysis, as well as daily and weekly market reviews.

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Comments about broker

Veri trader
review ICM Brokers
05-09-22

The spreads are very unstable and not even enough for the amount of money I earned. They welcomed unprofitable traders who keep funding their blown accounts lured by the big bonuses. However, if you are a profitable trader and try to withdraw money, they will block your account, withhold your profits and cancel all your trades by blaming it on price errors. I opened an account with ICM Broker 9 months ago, and I had problems since day one with them. My funds were credited to my account after 2 working days, they said they wanted to check my background and if the money came from my account not from another person. Their platform MT4 has delays in execution.

Djohan trader
review ICM Brokers
25-11-21

Their platforms is filled with layers and layers of unnecessary mouse clicks to access anything. Their equity and amount due status is always wrong. I had my positions open because I trade mostly on currency pairs like EUR/USD, GBP/JPY etc. They increased the margin. I was wiped out. And I lost $730 out of $750 I was having in my ICM Broker account. And the main point is they offered unprofessional personal manager for me to help me trade, I get a lot of losses when trading by following the strategy that provided by them.

Lumpia trader
review ICM Brokers
04-03-21

I’ve asked for my withdrawal. Instead of helping and showing concern, they kept on telling me that it’s my fault. They are totally unprofessional and not helpful at its best and just plain rude at its worst. My trading account on their broker can not be used suddenly without any notice of them and their explanations are very wordy and unreasonable when I ask why. All systems are supplied also often problematic. I will immediately close the account at this broker. I have no more reason to continue trading with this broker.

Nowell trader
review ICM Brokers
19-01-21

I tried opening an account at ICM Brokers because many have been starting their accounts on this broker. Sadly, after opening an account and depositing my money, I only regretted because the broker was not able to deliver decent services. Their platform and other tools are just too shaky or useless.

Edward trader
review ICM Brokers
10-09-20

I have getting losses with ICM Broker due to the MT4 Platform, as my orders didn't execute within time and it could be slippage 10 to 50 pips. As I have failed to place desire positions, also the SL or TP didn't work, so I've lost $120 in a standard account. Indeed their platform isn't suitable for traders. Now I am disappointed to deal with ICM Brokers.

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