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ICM Capital Review

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📊 Established 2009

UK origin now ICM.com

⚠ FCA Licence Surrendered

cancelled April 2026

📊 Exited UK Retail

since ~2023

🛡️ Now UAE SCA-Licensed

Dubai Dec 2025

★ Trustpilot 3.8 / 5

81% positive mixed reviews

📊 UK FSCS Cover Ended

no longer FCA-protected

💰 $100 Minimum Deposit

Standard / Direct / Zero

⚡ Up to 1:200 Leverage

offshore terms now

💻 MT4 Platform

MetaTrader 4 desktop & mobile

🎁 Markets Offered

forex indices crypto

📊 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.

🔄 Top ICM Capital Alternatives

📈 IC Markets

Leading true-ECN broker with very tight raw spreads and strong ASIC regulation.

📊 Pepperstone

Highly-regulated broker with excellent execution and platform choice.

📈 Hantec Markets

FCA/ASIC-regulated broker with tight spreads and a low $10 Cent account.

📊 FXTM

Well-regulated broker with low minimums and strong education for beginners.

🧩 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

ICM Capital review video: legit broker?▶
ICM Capital Review 2026: Legit Broker?
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ICM Capital — Regulated Forex Broker
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Learn to Trade Forex with ICM Capital
ICM Capital forex, commodities & CFDs video▶
ICM Capital: Forex, Commodities & CFDs

ICM reviews

⚖️ 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:

ItemICM Capital
Min deposit$100–$200
EUR/USD spreadFrom 0.0 (Zero)
Commission (Zero)$7 round turn
Max leverageUp 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 as your best trading platform?

★ 3.8 · FCA-regulated
$100 min · EUR from 0.0
Visit ICM →
ICM Capital
FCA-regulated forex & CFD broker
🛡️ FCA · FSCS to £85k
MT4 · since 2009
$100 MIN · EUR FROM 0.0
Visit ICM →
Traders choose ICM because it is secure, globally regulated, and user-friendly. The Plans of ICM offer flexible options for beginners and professionals. Many ICM reviews praise its fast execution, multi-asset range, and mobile platform. Its combination of safety, transparency, and flexibility makes it a trusted choice. Whether using the ICM MT4 Account or exploring standard accounts, users find it convenient and reliable. With clear pricing, risk management tools, and solid customer support, ICM stands out as a top broker for modern online trading.

❓ 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.
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This site contains affiliate links. We may earn a commission when you sign up through them, at no extra cost to you. Trading is high risk — most retail traders lose money. Nothing here is investment advice.