ICM Europe

Based on its current operational profile, ICM Europe presents significant risks to investor safety. According to WikiFX data, the broker holds a low overall score of 2.34. The primary concern is its regulatory status. While it claims a Derivatives Trading License with the Cyprus Securities and Exchange Commission (CYSEC), this license is officially listed as 'Unverified'. Operating without credible, verified regulatory oversight means client funds are not protected under standard compensation schemes, and there is no authoritative body for dispute resolution. This lack of oversight, combined with the low WikiFX score, places the entity in a high-risk category.

ICM Europe is not verifiably regulated by a major financial authority. The broker's parent company, Charlgate LTD, is registered in Cyprus. Its sole claimed regulatory authorization is a Derivatives Trading License (STP) with the Cyprus Securities and Exchange Commission (CYSEC), license number 367/18. However, according to WikiFX assessment, this license is listed with a status of 'Unverified'. An unverified license provides no assurance of regulatory compliance, meaning the broker operates without credible oversight.

According to its trading account terms, ICM Europe requires a minimum deposit of $200 (or equivalent in EUR, GBP, or SGD) to open a live trading account. This entry-level requirement is relatively standard within the industry and allows access to its offered markets including Forex, Metals, Futures, Shares, and Cash CFDs.

Yes, ICM Europe offers the MetaTrader 4 (MT4) platform. WikiFX data indicates the broker holds a 'Full License MT4' status for its platform services. This suggests users have access to the full suite of MT4 features, including support for automated trading via Expert Advisors (EAs), scalping, and hedging. The reported average execution speed is 205 ms. The broker does not currently offer MetaTrader 5 (MT5).