Wikilix
Licence record

FSCA licence 53234

Holder
ICM Brokers
Jurisdiction
South Africa
Licence type
Financial Service

This is Wikilix's record of a licence issued by Financial Sector Conduct Authority. It sets out what the register says, what we checked, and what the authority's own rules protect.

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RecordModified Sep 7, 2026

Licence Verification Record

Financial Sector Conduct Authority 53234

Recorded from the firm's own disclosure. Not yet checked against the register.

Issuing authority
Financial Sector Conduct Authority
Jurisdiction
South Africa
Licence type
Financial Service

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/licenses/financial-sector-conduct-authority/icm-brokers/53234Fields on file 2 / 11

Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 2
Jurisdiction
South Africa
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
53234
Licence type (Wikilix classification)
Financial Service
The authority

About FSCA

Financial Sector Conduct Authority is the authority that issued this licence, and the jurisdiction it applies in is South Africa.

Full name
Financial Sector Conduct Authority
Jurisdiction
South Africa
Strength
Tier 2Well-established regimes with real supervision, usually with lower compensation limits than tier 1.
Established
1991
Oversight
A government or statutory body
Firms we track under it
19 firms
Regulates
Forex, Bond, Stocks, Fund, Derivatives, CFD
Licences it issues
ODP Category IIA – Principal & Agency OTC Derivatives
Typical cost of a licence
USD 50,000-100,000 + ~USD 270k capital
Public register
Searchable by the public
Transparency
High

FSCA is classed as an offshore regime. An offshore registration can be entirely legitimate, but it typically means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.

Protection

What this licence protects

FSCA's own rules for the firms it authorises.

  • Compensation schemeUp to ZAR 500,000
  • Complaints routeFSCA Dispute Resolution
  • Maximum leverage1:30
This describes the authority's regime, not how ICM Brokers applies it.
The holder

Who holds this licence

The licence above is recorded against ICM Brokers. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
International Capital Markets Brokers LLC
Based in
Saint Vincent and the Grenadines
Wikilix score
48.8the firm’s overall score, not a rating of this licence

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • INTERNATIONAL CAPITAL MARKETS BROKERS LTD.Canada · Reg. 876112 · Oct 22, 2018
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences ICM Brokers holds

5 other licences are on record for ICM Brokers.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

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.
Licence 53234 was issued by Financial Sector Conduct Authority (FSCA), the financial authority for South Africa.
ICM Brokers holds this FSCA licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the FSCA register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates FSCA tier 2: a well-established regime with real supervision, usually with lower compensation limits than a tier-1 authority.
Yes, FSCA is classed as an offshore regime. That can be a legitimate registration, but it usually means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.
ICM Brokers has 5 other licences on record with Wikilix, across 4 jurisdictions. They are listed further down this page.
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