Overview
ICM Trader LLC, Based In Saint Vincent And The Grenadines, Is An Unregulated Broker. It Offers Maximum Leverage Of Up To 1:200, As Well As Floating Spreads And Commissions Of $7 Per Lot Traded. Traders Can Trade Through MetaTrader 4 (MT4) And CTrader Platforms, And Tradable Assets Include Forex, Commodities, Stocks, Indices, And Cryptocurrencies. The Broker Offers Multiple Account Types Such As ICM DIRECT (ECN), ICM ZERO, And ICM CENT, As Well As Islamic Accounts. Customer Support Is Available Via Email, Phone, And Online Form, And The Broker Accepts Visa/Mastercard, Skrill, Neteller, And Many Other Payment Methods.
Regulated
ICM Trader As An Unregulated Broker Means That It Does Not Comply With The Regulations And Regulations Normally Imposed By Financial Authorities. While This May Provide Flexibility, It Also Creates Higher Risks For Traders As There Are No Guarantees Of Arm's Length Transactions Or Safeguards To Protect Their Investments Through Regulatory Measures. Investors Should Exercise Caution And Conduct Thorough Research Before Trading With An Unregulated Broker Like ICM Trader.
Pros And Cons
ICM Trader Offers A Diverse Range Of Trading Products, High Leverage Options And Convenient Deposit Methods. Advanced Trading Platforms And Responsive Customer Support Further Enhance The Trading Experience. However, Due To The Lack Of Regulation, Floating Spreads And Commissions, And The High Risks Associated With Leverage, Traders Should Proceed With Caution.
Market Tools
ICM Trader Offers A Wide Range Of Trading Products Across A Wide Range Of Asset Classes, Catering To The Diverse Needs And Preferences Of Investors. These Include:
Forex: With Over 60 Currency Pairs, Including Major Currency Pairs, Minor Currency Pairs, And Exotic Currency Pairs, Traders Can Participate In The Vibrant Forex Market.
Commodities: Trading Spot Precious Metals, Including Gold And Silver, Offers Opportunities In The Commodities Market.
Stocks: Trade Hot U.S. Stocks, Enabling Investors To Take Advantage Of Opportunities In Global Stock Markets.
Indices: Explore Index Trading, Tracking The Performance Of Stocks, Bonds, And Other Securities, Providing Exposure To Broader Market Movements.
Cryptocurrencies: Trade 24 Cryptocurrency Contracts For Difference (CFDs) With Major Fiat Currencies Such As USD, GBP, And EUR, Including Bitcoin, Ethereum, Litecoin, Ripple, And More, Enabling Traders To Participate In The Cryptocurrency Market.
With These Options, Traders Can Diversify Their Portfolios And Take Advantage Of Opportunities In Multiple Financial Marekts.
Account Types
ICM Trader Offers Three Different Account Types, Namely ICM DIRECT (ECN) Accounts, ICM ZERO Accounts, And ICM CENT Accounts, To Suit Different Trading Preferences And Needs.
Leverage
ICM Trader Offers Trading Leverage Up To 1:200 On All Account Types. Leverage Allows Traders To Control Larger Position Sizes With Relatively Little Capital. With A Leverage Ratio Of 1:200, Traders Can Enlarge Their Trading Positions By 200 Times The Amount Of Their Initial Margin Deposit. Although Leverage Can Amplify Profits, It Also Increases The Risk Of Losses, So Traders Need To Use Leverage Wisely And Implement Appropriate Risk Management Strategies.
Spreads And Commissions
ICM Trader Offers Different Spreads And Commissions Depending On The Type Of Trading Account Selected:
- ICM DIRECT (ECN) Account:
Commission: Commission-free Trading That Allows Traders To Execute Trades Without Incurring Additional Commission Fees.
Spreads: Floating Spreads, Which Can Be Viewed In The Contract Specifications.
- ICM ZERO Account:
Commission: A Fixed Commission Of $7 Per Lot Is Charged, Meaning That Traders Pay A Fixed Commission For Every Round-trip Trade Executed.
Spread: 0 Spread, Which Can Be Viewed In The Contract Specifications.
- ICM CENT Account:
Commission: Similar To ICM DIRECT (ECN) Accounts, Trades Are Commission-free, Enabling Traders To Execute Trades Without Commission Fees.
Spread: Spreads Can Be Viewed In The Contract Specifications, And May Vary.
Understanding The Spreads And Commissions Associated With Each Account Type Is Crucial For Traders To Evaluate The Overall Cost Of Trading And Select The Account Type That Best Aligns With Their Trading Preferences And Strategies.
Deposits And Withdrawals
ICM Trader Offers Convenient And Diverse Deposit And Withdrawal Methods Through Its Integrated Global Account Funding Solution, ICM Cashier. Traders Can Deposit And Withdraw Money Using A Variety Of Payment Methods, Including Visa And Mastercard (credit/debit Card), Skrill, Neteller, Ecommpay, And More. Easy And Quick Access To These Services Through The ICM Access Page Provides Traders With A Streamlined Account Funds Management Process. A Rich List Of Payment Methods Ensures Flexibility And Accessibility For Traders Worldwide, Enhancing The Overall Trading Experience With ICM Trader.
Trading Platforms
ICM Trader Offers Multiple Trading Platforms To Meet The Diverse Needs Of Traders:
ICM Trader Offers The Critically Acclaimed MetaTrader 4 (MT4) Platform, Available On Windows, Mac, IOS And Android Devices. MT4 Is Known For Its User-friendly Interface, Advanced Charting Tools, Technical Analysis Capabilities And Automated Trading Capabilities Through Expert Advisors (EAs).
Additionally, ICM Trader Offers The CTrader Platform, Which Is Available On Windows, Mac, IOS, Android, And Web Endpoints. CTrader Is Known For Its Intuitive Interface, Fast Execution, Advanced Order Types, And Customizable Charting Tools.
Through The MT4 And CTrader Platforms, Traders Have Access To A Comprehensive Range Of Trading Tools And Features To Execute Trades Effectively And Efficiently On A Wide Range Of Financial Marekts, Including Forex, Precious Metals, Futures, Stocks, And CFDs. These Platforms Provide Traders With The Flexibility And Variety They Need To Navigate And Pursue Their Trading Goals In Complex Financial Marekts.
CUSTOMER SUPPORT
ICM Trader Provides Convenient And Responsive Customer Support To Assist Traders In Answering Queries, Opening Accounts And Obtaining Product/service Information. Traders Can Contact The Customer Support Team In A Number Of Ways, Including:
Email: Contact Support@icmtrader.com For Assistance Or Advice, Offering Convenient Options For Written Communication.
Phone: Call + 44 207 442 5610 To Speak Directly To A Member Of The Customer Support Team For Real-time Assistance And Guidance.
Online Form: Traders Can Submit Requests Via The Online Form Available On The ICM Trader Website. This Form Requires A Full Name, Email Address, Subject, And A Description Of The Advice Or Assistance Required.
