ICM Brokers Review

ICM Brokers Review

Since its launch in 2007, AIMS, an online retail broker, has provided traders from different parts of the globe with unhindered access to various financial markets — forex, metals, futures, options, and CFDs. They provide traders with the MT4 trading platform, which is available in desktop, web, and mobile versions. The broker operates the STP execution model, which offers access to the interbank markets. They provide traders with several trading conditions, including multiple account types, various payment methods, leverage of up to 1:400, spreads from 0.5 pips, and more. There are different learning resources, useful trading tools, and a responsive client support team to assist traders. The minimum deposit required to start trading is $300.

ICM Brokers Review Introduction

In this ICM Brokers review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.

You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers, including ICM Brokers.

ICM Brokers Platforms & Tools

ICM Brokers provides traders with the MetaTrader 4 trading platform, an advanced trading platform designed to suit traders of all levels. It was launched in 2005 by a Russian software company known as MetaQuotes. The platform features one-click executions, stop and limit orders, support for automating trades using expert advisors, multiple technical indicators, 24 graphic objects, and more. The broker makes the MT4 platform available as a desktop application for Windows and Mac computers, a web version that can run directly on Chrome, Safari, Firefox, Edge, and a mobile app that is compatible with smartphones running on Android and iOS. The mobile app is designed for traders who wish to place trades and check trading positions while on the go as long as there is an internet connection.

ICM Brokers Review Trading Platform
ICM Brokers Review Trading Platform

The broker provides traders with various standalone trading to enhance their trading experience. These useful trading tools include technical analysis and an economic calendar that shows the schedule of future market events and their expected impacts on the financial markets.

ICM Brokers Research & Education

There are various educational resources on the broker’s website, and they include learning articles, news, daily & weekly reports, and glossaries that display different trading terminologies and their detailed explanations.

ICM Brokers Review Economic Calendar
ICM Brokers Review Economic Calendar

ICM Brokers Trading Accounts

The following trading account options are available at ICM Brokers: Micro/Standard, Prime, and professional Account. The minimum deposit required to start trading is $300.

ICM Brokers Review Account Types
ICM Brokers Review Account Types

ICM Brokers Account Funding

At ICM Brokers, all account deposit and withdrawal requests are processed using any of the following payment methods:

  • Bank wire transfers
  • Credit/Debit cards: Visa, Mastercard, and Maestro
  • Electronic payment processors, such as Neteller, Skrill, and PayPal

ICM Brokers Customer Service

Traders can forward all their general, trading, and account-related inquiries to a knowledgeable client support team that are always available and can be contacted through telephone, email, and Live Chat.

ICM Brokers Regulation

There is no regulatory information on the broker’s website at the moment. Lack of regulation could debar prospective clients from opening an account with the broker.

ICM Brokers Review Summary

Headquartered in Kingstown, Saint Vincent, and the Grenadines, ICM Brokers is an established brokerage firm that offers access to trade multiple financial markets with ease.  They provide traders with the MT4 trading platform, educational resources, and essential trading tools to ensure a hassle-free trading process. The minimum deposit required to start trading is $300. The broker is not regulated by any known financial authority at the moment.

It is worth mentioning that some of the trading products and services in this ICM Brokers review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the ICM Brokers broker website, which you can visit by using the link below.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

ICM Brokers

5.6

Spreads

7.0/10

Liquidity

7.0/10

Commissions

7.0/10

Support

7.0/10

Regulation

0.0/10

Features

  • User-friendly MT4 trading platforms
  • Educational resources
  • Trading tools
  • Multiple financial markets