ICM Brokers

ICM Brokers was registered in the Republic of Mauritius in 2008. Today it has a large number of representative offices in 20 countries. However, ICM Brokers is not regulated or licensed by any authority.

Types of Accounts

Users can trade various precious metals, stocks, over-the-counter secondary markets, and many other assets. Traders can also diversify their invested funds from one account using the special software.

The broker offers four types of accounts: Demo, Standard, Prime, and Professional. The company provides an opportunity to trade using a demo account absolutely free for 20 days. Users can develop new strategies, study the trading platform and modern tools without any risks.
A Standard account assumes a minimum deposit of 300 USD, leverage up to 1: 400, fixed spreads from 2 pips, automated quick execution, and mobile trading. A Prime account includes a minimum deposit of 2,000 USD, leverage up to 1: 200, and floating spreads from 0.5 pips. Users of Professional Account should deposit a minimum amount of 500,000 USD and have leverage up to 1: 100.

Additional tools include trailing stop, automated trading, pending orders, and telephone trading.

Trading Platforms and Analytics

ICM Brokers works on MetaTrader 4. The company has improved the classic version of the program and added some additional features to it.

Why do users prefer MT4? First of all, it’s a user-friendly interface. Despite a large number of functions, the program has a simple, convenient and intuitive interface, charts, and dashboards.

Thanks to the advanced chart functions, traders can analyze various technical issues and market moves. The ability of automated trading enables clients to use an automated adviser to monitor their trading activities.

The platform has a mobile version. Users can download the app on Android, iPhone and iPad and trade anywhere. To find out more about mobile trading with ICM Brokers, users can visit the broker’s official website.

Customers can use the economic calendar to find out about recent events that may affect performance. The company also presents daily and weekly reports with detail the relevant details. Each report contains a graph that allows a more detailed understanding of the market trends.
Unfortunately, the broker doesn’t’ have any online courses or tutorials for beginners except for standard trading rules and general information on Forex.

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ICM Brokers

Min. deposit

300 USD

EURUSD spread

0.5 and more

Clients in the USA

yes

Platforms

MetaTrader 4

Year of foundation

2008

Country

Mauritius