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Forex Broker Review – British Virgin Islands Based Forex Broker

Broker Review of forex trading broker is based in British Virgin Islands. Below is a list of the most common questions about that traders ask about this broker.


ICMTrading - iTrade Capital Markets Ltd.

Forex Broker reviews -



Where is forex broker based

ICMTrading is based in British Virgin Islands, its address is:

Mill Mall Tower, 2nd Floor,

Wickhams Cay 1,
Road Town,


British Virgin Islands



Is a licensed and regulated Forex broker

Details of the license, registration and regulation of this FX broker cannot be found on the broker’s website.


ICMTrading is not regulated by any Financial Regulatory Authority.


What is the execution method of

Market Maker Dealing Desk execution of orders




Financial Instruments provided for trading by





What are the forex account types of

Forex broker

  • ActTrader forex account
  • Metatrader4 forex account



Does have Islamic Forex Trading Accounts

No, ICMTrading does not provide swap free Islamic Accounts


What are the terms for demo accounts for

$50,000 dollars forex demo trading account, for both Metatrader4 and ActTrader Platform is provided for practice forex trading


How is the withdraw and deposit process of

Bank wire, Credit card, Skrill, Liberty Reserve money transfer methods are provided for deposit and withdraw of funds.


No fee is charged for transferring funds. ICMTrading covers the transfer fees.


What is the minimum account opening capital for



$500 is the minimum account opening deposit amount

  • ActTrader forex account - $500
  • Metatrader4 forex account - $500


Does give an account opening deposit bonus

20% account opening deposit bonus is given by ICMTrading


What is the security and reliability of

What is the broker rating for security and reliability


ICMTrading is not regulated by any Financial Regulatory Authority.


Does accept forex scalping

ICMTrading does not allow scalping forex trading


Does give free forex education to traders

This broker provides learn currency trading education for forex trading online.


ICMTrading provides a free learn forex education section, where traders can learn forex trading basics, currency quotes, leverage and margin, candlesticks charting, forex trading orders and calculating of forex profits and losses.


What are the trading platforms of forex broker



Mobile Trader


Is a MetaTrader 4 Forex broker provides MetaTrader 4 software which is the best platform according to reviews.


The platform MetaTrader 4 can be downloaded from the brokers’ website.


Does allow automated forex trading

The broker automated trading policy on automated trading is:


ICMTrading execution method may not necessarily allow Expert Advisors automated forex trading on its metatrader4 platform. ActTrader platform also has an automated scripting language for writing automated trading programs although market maker dealing desk may not necessarily allow automated trade execution method.



What are broker website information sections

The website information sections are:


Forex Trading Accounts Section: where traders will find information about forex accounts such as demo practice account and live forex accounts provided by this Currency broker. Traders wanting to start trading can open an account from this section.


Contact Section: there is a section of contacts for this fx broker, where a trader can contact this forex broker.


Platforms Section: this section provides platforms where a trader can choose one for tradng.


FAQ section for answers to the most frequently asked questions about ICMTrading forex broker.

Forex e-book section: for learning the basics of forex trading and how to start trading Currencies with ICMTrading forex broker.



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