ICM Capital – Is it scam or safe?

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ICM Capital – Is it scam or safe?

ICM Capital is a trading name of ICM Capital Ltd, which is licensed and regulated by the Financial Conduct Authority (FCA). The FCA license allows it to conduct financial services, including forex.

However, there are some posts in forex forums that inform about bad practices related to poor customer support, negative slippage, re-quotes and unreasonable refusals to withdraw funds.

So far, we haven’t received any complaints from clients of ICMCapital.co.uk.

If you feel frustrated by ICMCapital.co.uk and have something to share with us, please fill in the form below, describing your case:

3 Complains

  1. I should tell all of you this company is a market maker and it will always trade against its clients because their losses are the company’s profit. They are dishonest and their deposit/withdrawal system is crappy. They blocked my account and canceled all profitable deals. Better stay away from them!

  2. I am from Pakistan and I also am an introducing broker to ICM Capital since November 2016. I sent them many clients and earned commissions of more than USD6,000. I requested a withdrawal but I didn’t receive it within three working days. So, I contacted them and they said the withdrawal process was ongoing and it would need two weeks more. At the beginning of March, I received an email and they alleged me of stealing clients’ passwords. I was surprised. When I contacted them again they said they had done some investigation and I was guilty. Of course, I didn’t do such kind of actions and it is not serious this investigation was done without my knowledge. Moreover, I sent them proofs showing I was innocent. However, they still didn’t pay me anything. Scammers.

  3. This is a scam broker, market maker and for sure it tries to attract clients from China. This company is run so unprofessional, as if its CEO is a child. Stay away from it and keep in mind its name is taken from some legitimate broker.

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