ICM Capital regulation & licences
Licences on record 2
1 Tier 1 — top-tier regulation
4 Tier 4 — light / offshore
Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.
Regulatory profile
ICM Capital is a forex & CFD broker founded in 2009 and headquartered in United Kingdom.
In our database ICM Capital is matched to 2 licences from FCA and FSA (Seychelles). The strongest of these, the FCA (United Kingdom) is among the regulators we classify as tier 1 — bodies with strict capital, client-money and conduct rules.
Be aware that a single ICM Capital website can front several legal entities. Its FCA-regulated companies serve local residents, while international clients are frequently handled by entities supervised by FSA (Seychelles), which offer much weaker safeguards.
Depending on the entity, eligible clients may be covered by FSCS (FCA). Negative balance protection is mandatory for retail clients under FCA rules. Retail leverage caps apply at the FCA-regulated entities (for example 30:1 on major FX pairs at FCA).
ICM Capital provides access to MT4 and MT5.
Regulatory strengths
- Licensed by 1 tier-1 regulator (FCA)
- Operating for about 17 years
- Compensation scheme available at FCA entity
- Negative balance protection required at some entities
Points to check
- International clients may be onboarded to offshore entities (FSA (Seychelles))
Protection by entity
| Regulator | Compensation | Retail leverage | Negative balance protection | Disputes |
|---|---|---|---|---|
| 1 FCA | FSCS — up to £85,000 per eligible client per firm | 30:1 on major FX pairs for retail clients (20:1 minors, gold and major indices) | Required for retail clients | Financial Ombudsman Service (FOS) |
| 4 FSA (Seychelles) | No compensation scheme | No statutory cap | Not a regulatory requirement | FSA Seychelles |
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ICM Capital regulation FAQ
Is ICM Capital regulated?
Yes — in our database ICM Capital is matched to 2 licences: FCA (United Kingdom) and FSA (Seychelles) (Seychelles). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.
Is ICM Capital a tier-1 regulated broker?
ICM Capital holds 1 licence from regulators we classify as tier 1: FCA.
Does ICM Capital accept US clients?
ICM Capital is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so ICM Capital generally cannot accept US retail forex clients.
Is my money protected with ICM Capital?
Clients of ICM Capital's FCA-regulated entity may be eligible for statutory compensation (FSCS — up to £85,000 per eligible client per firm). Clients of other entities rely on segregation of funds and the firm's financial strength.
How can I verify ICM Capital's licence?
Find the company name and licence number in ICM Capital's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.