ADGMUnited Arab EmiratesTier 2Licence number
210045
View licence record- Licence holder
- Held by ICM Brokers
- Licence type and regime
- Financial Service
Not checkedUpdated
At a glance
Regulation on record for ICM Brokers
Counts of what is on record, not a rating. Each figure describes the register entries Wikilix holds and the checks it has run against them.
- Licences on record
- 6
- Issuing authorities
- 6
- From tier-1 or tier-2 authorities
- 4
- Found on an official register
- 0
ICM Brokers has 6 licences on record with Wikilix, issued by 6 authorities across 5 jurisdictions. 4 of them were issued by tier-1 or tier-2 authorities — the regimes with the strictest capital, reporting and client-money rules. None has yet been located on an issuing authority’s own register, so every entry here should be read as claimed rather than confirmed.
3 licences come from authorities classed as offshore. An offshore regime can be a legitimate registration, but it typically carries lower capital requirements and no compensation scheme.
Issuing authorities
Licence record
Licences by jurisdiction
Every licence on record for ICM Brokers, grouped by the 5 jurisdictions it is registered in.
6 records
United Arab Emirates2 licences
All United Arab Emirates licences- ADGMUnited Arab EmiratesTier 2
SCAUnited Arab EmiratesTier 2Licence number
20200000260
View licence record- Licence holder
- Held by ICM Brokers
- Licence type and regime
- Financial Service
Not checkedUpdated
United Kingdom1 licence
All United Kingdom licences
South Africa1 licence
All South Africa licences
Mauritius1 licence
All Mauritius licences
Seychelles1 licence
All Seychelles licences
Protection
What this licence protects
FCA's own rules for the firms it authorises.
- Compensation schemeUp to £85000 (FSCS)
- Client money kept separate
- Negative balance protection
- Complaints routeFinancial Ombudsman Service
- Maximum leverage1:30
Frequently Asked Questions
Questions about the licences held by ICM Brokers
Answered from the register entries on this page.
Most Popular Questions
ICM Brokers offers a maximum leverage of 400:1, allowing traders to control larger positions with a smaller amount of capital. This leverage level is typical for Forex trading but carries increased risk.
Yes, first-time withdrawals require verification, and additional verification may be needed for large transfers. Withdrawals to third-party accounts are not allowed, and currency conversion or intermediary fees may apply.
The minimum deposit amount to start trading with ICM Brokers is 300 USD. This requirement applies regardless of the funding method used.
Clients can deposit and withdraw funds using credit/debit cards, bank wire transfers, and internet banking in certain regions. Deposits are usually processed instantly or within hours, while withdrawals may take from 3 to 14 business days depending on the method. No fees are charged by ICM Brokers, but third-party fees may apply.
ICM Brokers provides access to the MetaTrader 5 platform, a multi-asset trading software known for advanced analytics and algorithmic trading tools. The platform is available for desktop use and supports various asset classes including Forex, stocks, and futures.
ICM Brokers is registered in Saint Vincent and the Grenadines but does not hold any formal regulation or licenses. This means it operates without regulatory oversight, which may increase risks for traders. Users should consider this lack of regulation when evaluating safety.
ICM Brokers has 6 licence records with Wikilix, issued by 6 authorities across 5 jurisdictions. A licence on record means an authority published an entry; it is not an endorsement, and Wikilix does not issue authorisations.
ICM Brokers holds licence records issued by FCA, FSCA, ADGM, SCA, FSC, FSA. Each authority’s own record — its tier, jurisdiction and client-protection rules — is linked from this page.
4 of the licence records held by ICM Brokers come from tier-1 or tier-2 authorities (1 tier-1, 3 tier-2). Those regimes set the strictest capital, reporting and client-money requirements.
Not yet. None of the 6 licence records held by ICM Brokers has been located on an issuing authority’s register, so each should be read as claimed rather than confirmed. Every record links to the official register so you can check it yourself.
ICM Brokers has licence records in United Arab Emirates, United Kingdom, South Africa, Mauritius, Seychelles. A licence applies in the jurisdiction that issued it; it does not by itself cover clients elsewhere.