ICM Brokers reviews

ICM Brokers is a horrible broker in the market. Their platform has many errors and their server is always hung or unavailable to trade. Their price quote is fake too. So I wanted to withdraw my investment but the request was cancelled. I am disappointed with ICM Brokers.

The spreads are very unstable and not even enough for the amount of money I earned. They welcomed unprofitable traders who keep funding their blown accounts lured by the big bonuses. However, if you are a profitable trader and try to withdraw money, they will block your account, withhold your profits and cancel all your trades by blaming it on price errors. I opened an account with ICM Broker 9 months ago, and I had problems since day one with them. My funds were credited to my account after 2 working days, they said they wanted to check my background and if the money came from my account not from another person. Their platform MT4 has delays in execution.

Their platforms is filled with layers and layers of unnecessary mouse clicks to access anything. Their equity and amount due status is always wrong. I had my positions open because I trade mostly on currency pairs like EUR/USD, GBP/JPY etc. They increased the margin. I was wiped out. And I lost $730 out of $750 I was having in my ICM Broker account. And the main point is they offered unprofessional personal manager for me to help me trade, I get a lot of losses when trading by following the strategy that provided by them.

I’ve asked for my withdrawal. Instead of helping and showing concern, they kept on telling me that it’s my fault. They are totally unprofessional and not helpful at its best and just plain rude at its worst. My trading account on their broker can not be used suddenly without any notice of them and their explanations are very wordy and unreasonable when I ask why. All systems are supplied also often problematic. I will immediately close the account at this broker. I have no more reason to continue trading with this broker.

I tried opening an account at ICM Brokers because many have been starting their accounts on this broker. Sadly, after opening an account and depositing my money, I only regretted because the broker was not able to deliver decent services. Their platform and other tools are just too shaky or useless.