BrokersView

Search
Download
English
Sign In

icm brokers

Newest

Popular

Is ICM Brokers regulated?
Dennis Christoforidis
Cameroon
2023-03-02
ANSWER ICM Brokers is not a regulated or licensed broker for traders even though it states offers that look good to be true.ICM Brokers claims to be the trading name of International Capital Markets Brokers LLC, which is supposedly registered by the Registrar of International Business Companies under the number 1956 LLC 2022 and has office St. Vincent and the Grenadines. However, our search for this broker in Financial Services Authority of Saint Vincent and the Grenadines (SVG FSA) didn't yield any results. Additionally, it should be noted that the SVG FSA is not a regulatory body for the forex market. More importantly, the Registrar of International Business Companies has no legal authority to regulate forex activities.Therefore, ICM Brokers is not under valid regulation by any regulators to provide investment services. We recommend you to stay away from ICM Brokers and any other unregulated brokerages, since they are not subject to necessary laws and principles of operation, resulting in a high risk to trade with them.
See more
How much will I be charged after my 20 days free trial account expired ?
AnAn
Indonesia
2022-05-19
ANSWER ICMBrokers is not a licensed and regulated broker even though it states offers that look good to be true. ICMBrokers claims it has registered office in Kingstown, St. Vincent and the Grenadines. However, we did not find any match results to ICMBrokers in the St. Vincent and the Grenadines Financial Services Authority (SVG FSA). Besides, SVG FSA does neither issue any licenses for forex trading nor regulate any forex activities. Therefore, we highly recommend exercising caution when dealing with brokers claiming to be registered with or regulated by SVG FSA as they are actually unregulated.The truth is, ICMBrokers is not overseen by any regulators. That means investors' funds in this broker are unsafe and cannot be protected by any law. Therefore, it is a scam. We would recommend traders stay away from unregulated brokers like ICMBrokers and trade with licensed brokers.
See more

Hot Topics

Most Viewed

App Store

Google Play

Company Shop Application About Us Our Methodology Privacy Policy Contact Us

Risk Warning:

FX trading is of high risk and may not be suitable for all investors. Leverage will create additional risks and loss. Before trading, please carefully consider your investment objectives, experience level and risk tolerance. You may lose part or all of your initial investment; do not invest money that you cannot afford. Educate yourself about the risks associated with FX trading. If you have any questions, please consult an independent financial or tax advisor. Any data and information are provided "as is" and only for information purpose, not for trading or recommendations. Past performance does not predict future results.

Disclaimer:

The data contained in this website may not be real-time and accurate. The data and prices on this site are not necessarily provided by the market or exchange, but may be provided by market makers, so prices may be inaccurate and differ from actual market prices. Namely, this price is indicative price only to reflect market trend, and is unfavorable for trading purpose. The provider of the data contained in the Website shall not be liable for any loss incurred by you as a result of your trading activities or reliance on the information contained in the Website.