icmtrading.com Broker Review

Warning Reason

On 7 May 2015 the Company ICMTrading.com received a warning from the French FMA. It was announced that ICMTrading is not a licensed and regulated Forex broker. Moreover, the British Virgin Islands Financial Services Commission (FSC) also issued a  warning against the broker, the authority informed the public that iTrade Capital Markets Ltd. is not authorised to carry on financial services business in or from within the Territory. Members of the public are therefore advised to be careful in conducting any transactions with iTrade Capital Markets Ltd.

ICM Trading (iTrade Capital Markets Ltd.) is an online forex broker, founded in 2009, who offers the MT4, MetaTrader Mobile, and ActTrader international trading platforms. It offers over 10 currency pair’s indices, commodities, and cfds for personal investment and trading options. The minimum amount for opening an account is $500.

The company is based in the UK, the address mentioned on their website is New Broad Street House, 35 New Broad St, London EC2M 1NH, Tel. 020 7634 9770, however, and their headquarters in the British Virgin Islands and the address is Mill Mall Tower, 2nd Floor, Wickham’s Cay 1, Road Town, Tortola, the British Virgin Islands.

ICM claims that it is regulated by the VFSC (Vanuatu) and the Financial Services Authority of Saint Vincent and the Grenadines. However, details of the license, registration and regulation of this FX broker cannot be found on the broker’s website.

Official Website: www.icmtrading.com

Official e-mail: info@icmtrading.com

Phone number: +3228089239