ICM Capital Review
Established 2009
FCA Licence Surrendered
Exited UK Retail
Now UAE SCA-Licensed
Trustpilot 3.8 / 5
UK FSCS Cover Ended
$100 Minimum Deposit
Up to 1:200 Leverage
MT4 Platform
Markets Offered
ICM Capital at a Glance — Broker Profile & Stats
Who Is ICM Capital?
Quick answer: ICM Capital (now ICM.com) is a UK-based forex and CFD broker established in 2009 and regulated by the FCA, with FSCS protection for eligible clients. It serves 300,000+ clients on MT4, offering a Zero account with spreads from 0.0 pips and $100–$200 minimum deposits across a range of markets.
A UK-based forex & CFD broker (now ICM.com) established in 2009, serving 300,000+ clients worldwide with 40+ industry awards.
What Traders Say on Trustpilot
Rated about 3.8/5, with 81% positive reviews. Feedback is mixed — praise for support alongside complaints about withdrawal delays and fees.
Why it matters: A 3.8 is middling for a regulated broker, so read recent reviews and weigh the fee complaints.
Regulation
Authorised and regulated by the UK FCA (reg. 520965), with client funds protected up to £85,000 (FSCS) and additional insurance advertised up to £5M.
Accounts
Three account types — Standard, Direct and Zero — on MetaTrader 4.
Costs
EUR/USD spreads from 0.0 on the Zero account ($7 per round lot on FX/metals); medium overall fees. Minimum deposit from $100–$200.
Best For
UK/EU traders wanting FCA protection on MT4. Check the fee schedule and read recent reviews before funding.
Trading Conditions & Platform
MetaTrader 4
ICM Capital runs on the industry-standard MT4 platform with full EA and charting support.
Spreads & Commission
The Zero account offers EUR/USD from 0.0 pips with a $7 round-turn commission; Standard/Direct fold cost into the spread.
Why it matters: Zero + commission usually beats Standard for active, higher-volume traders.
Leverage
Leverage up to 1:200 under FCA oversight (lower than offshore brokers, but with stronger protection).
Instruments
Forex, stock CFDs, indices, commodities and cryptocurrencies across the platform.
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Account Types
Standard
All-in spread account with no separate commission — straightforward for most traders.
Direct
Tighter pricing with direct market-style execution for more active traders.
Zero
Raw spreads from 0.0 pips with a $7 round-turn commission on FX/metals — best for scalpers.
Why it matters: Lower total cost at volume, since you pay a tight spread plus a fixed commission.
Funding & Protection
Minimum deposit from $100–$200; FCA client-money rules and FSCS protection up to £85,000.
Regulation & Safety
FCA-Regulated
ICM Capital Limited is authorised by the UK FCA (reg. 520965) — a Tier-1 regulator. Other group entities may operate under different jurisdictions, so confirm which one you sign up with.
Why it matters: Signing up under the FCA entity gives the strongest protection; offshore entities give less.
Client Protections
Segregated funds, FSCS coverage up to £85,000 and additional insurance advertised up to £5 million for eligible clients.
Read the Reviews
Despite FCA oversight, user reviews are mixed (3.8 Trustpilot, with some withdrawal-fee complaints). Strong regulation reduces — but does not remove — the need to check feedback.
Spreads, Fees & Minimum Deposit
Minimum Deposit
From around $100–$200 depending on account and region.
Spreads & Commission
EUR/USD from 0.0 pips on Zero ($7 round-turn on FX/metals); Standard/Direct build cost into the spread.
Fee Rating
Independent reviewers rate ICM’s overall fees as medium, and some users report higher-than-expected withdrawal fees — check current terms.
Video Guides & Reviews
Watch: ICM Capital Reviewed
Know the Pros and Cons of ICM
Pros
- FCA-regulated (reg. 520965)
- FSCS protection up to £85k + insurance to £5M
- Zero account: EUR/USD from 0.0 pips
- MT4 with EAs; 300k+ clients and 40+ awards
- Forex, stock CFDs, indices, commodities and crypto
Cons
- Middling 3.8 Trustpilot; mixed reviews
- Complaints about withdrawal fees/delays
- Leverage capped at 1:200 (FCA)
- MT4 only — no MT5 or cTrader
What is the Pricing of ICM?
ICM Capital keeps three account tiers on MT4 with FCA-grade protection; costs are medium overall:
| Item | ICM Capital |
|---|---|
| Min deposit | $100–$200 |
| EUR/USD spread | From 0.0 (Zero) |
| Commission (Zero) | $7 round turn |
| Max leverage | Up to 1:200 (FCA) |
ICM Capital vs EBC
ICM Capital vs EBC. Both are FCA-regulated brokers offering raw-style spreads. ICM Capital is the longer-established name (2009) on MT4 with FSCS protection, but carries a middling 3.8 Trustpilot score and fee complaints. EBC is newer (2020) but multi-regulated (FCA/ASIC/CIMA) with MT4/MT5 + TradingView and a stronger 4.8 Trustpilot rating. If platform choice and review scores matter, EBC edges ahead; ICM appeals for its longevity and FSCS coverage.
ICM Capital Review 2026: Is It a Good Broker?
ICM Capital is a genuinely FCA-regulated broker with FSCS protection, a Zero account from 0.0 pips and a long operating history — solid fundamentals. The reservations are its middling 3.8 Trustpilot score, MT4-only platform and recurring fee/withdrawal complaints. For UK/EU traders who value FCA protection and trade primarily on MT4, it is a reasonable choice; cost-sensitive or multi-platform traders may prefer a higher-rated alternative.
Why Choose ICM? What Stands Out — and What to Watch
★ 3.8 · FCA-regulated
$100 min · EUR from 0.0
ICM Capital
FCA-regulated forex & CFD broker
🛡️ FCA · FSCS to £85k
MT4 · since 2009
$100 MIN · EUR FROM 0.0
Visit ICM →Frequently Asked Questions
ICM Capital (now ICM.com) is a UK-based forex and CFD broker established in 2009. It is FCA-regulated and offers MT4 trading across forex, stock CFDs, indices, commodities and crypto, serving 300,000+ clients.
Yes. ICM Capital Limited is authorised and regulated by the UK FCA (reg. 520965), with FSCS protection up to £85,000 and additional insurance advertised up to £5 million. Confirm which group entity covers your account.
The minimum deposit is typically $100–$200 depending on the account type and region.
Under FCA oversight, ICM Capital caps leverage at 1:200 — lower than offshore brokers, but with stronger client protection.
ICM Capital uses the MetaTrader 4 (MT4) platform, with full EA and charting support.
ICM Capital offers Standard, Direct and Zero accounts. The Zero account provides EUR/USD spreads from 0.0 pips with a $7 round-turn commission on FX/metals.
Spreads start from 0.0 pips on the Zero account ($7 round-turn commission); Standard/Direct fold the cost into the spread. Overall fees are rated medium, and some users report higher withdrawal fees.
Yes — ICM Capital is genuinely FCA-regulated with FSCS protection. However, its Trustpilot score is a middling 3.8 with some withdrawal-fee complaints, so read recent reviews before funding.
ICM Capital offers longevity (2009) and FSCS protection on MT4; EBC is newer but multi-regulated with MT4/MT5 + TradingView and a higher 4.8 Trustpilot score. Choose based on platform needs and review priorities.
ICM Capital offers forex, stock CFDs, indices, commodities and cryptocurrencies through MetaTrader 4.