✔️ Information reviewed and updated in April 2024 by Pedro Martínez González
In this section we will tell you why You should NOT invest in ICMarkets. We analyze the website, we observe every detail and we examine the main characteristics that are taken into account when choosing a good broker such as the location, the company to which it belongs, its regulation, its reputation…
A pocas palabras WE DO NOT RECOMMEND IT. Below we will show you essential information about ICMarkets and we will tell you why we reached such a conclusion:
Basic Information
| 🌐 Website | icmarkets.com – cryptoproassets.com – icmarketspartners.com – icmarkets.eu – icmarkets-global.com – icmarkets-zhy.com – icmarkets-vnb.com |
| 🏠 Company | Raw Trading Ltd |
| ️ Regulatory | FSA |
| [email protected] - [email protected] | |
| 📈 Leading | cTrader |
| 📌 Direction | Eden Plaza,Office 222, Eden Island,Mahe, Seychelles |
⚠️ ICMarkets is owned by Raw Trading Ltd, the company is located in Seychelles, a potentially dangerous tax haven for its clients due to its lack of regulation and lack of seriousness. Clients are unprotected. ⚠️
Account types
ICMarkets does not offer different accounts for trading.
Information on the web
ICMarkets provides a basic explanation about the financial products it offers, market news and analysis, economic calendar, asset calculator, live charts, educational section, really not much more than this.
List of phone numbers
- General: +248 467 19 76
- Brazil: +5508008783054
- Thailand: +661800011956
- Indonesia: +6280332160329
- Colombia: +5718005190364
- Vietnam: +8412032513
- South Africa: +27800172944
🚫 ICMarkets final valuation 🚫
Finally, and in a few words, Our recommendation is: DO NOT INVEST WITH ICMarkets.
As we mentioned before, it is a financial company located in a place where you will not have protection from the law in case of being harmed, that is, you will not be able to claim anyone if an unfortunate event occurs such as the sudden loss of your funds or the closure of the company.
In case of problems, it is most likely that the authorities of your country will not be able to do anything. As a client of this company you are unprotected!
Investing with unregulated brokers or brokers based in such countries is very risky. It is best to invest with a regulated broker, based in a serious country.
ICMarkets Video Review
Updates
News about ICMarkets:
| Date | Update – news |
|---|---|
| October 2020 | Complaint against ICMarkets CONSOB. |
User Reviews
What is your opinion? We invite you to collaborate with us and vote. You can also leave a comment about your experience with .
At the end of the review you will find customer comments.
How to Claim Money Scammed by ICMarkets
If what you want is to know how to claim your capital, if you have been scammed, further down in the FAQ section you can find our advice.
How to Report ICMarkets
If you feel dissatisfied with the service provided by the company, and for some reason you want to report it, below, in the FAQ section, you can find the best way to report this company.
FAQs
How can I report ICMarkets?
This depends on where you are, you should go to the financial regulator in your country. Write us a comment on this review and we will help you.
Is ICMarkets a scam – is it a scam?
Yes. We believe that ICMarkets is Scam. We have received messages from clients who mention not being able to withdraw their capital, this added to other very negative characteristics of the company.
Is ICMarkets trustworthy?
No. ICMarkets is not trustworthy, it is a very unsafe company: 1) is based in unsafe countries, 2) has a very bad reputation 3) has a lot of complaints 4) It is a relatively new broker without seniority. These characteristics make the company very unreliable.
How to recover money from ICMarkets?
If you want to know how to recover your capital, you can see it here. We explain in detail the process of recovering money from a scam company, step by step.
Are there (recommended) alternatives to ICMarkets?
Yes, of course there are better and safer options! You can see here the brokers we recommend: ranking of the best brokers.
Hello, yesterday I entered 5 operations, which when they moved away from the entry I put them in Breakeven.
Due to a negative spike, the trade was not closed at the StopLoss point as I had set it, but it directly burned my account. I don't know what to do, I sent 50 emails waiting for a response and a refund
Hello Mateo, thanks for commenting on IC Markets. This broker is a SCAM. Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
Hello, I am still waiting for my withdrawal from IC Markets and sadly they have not given me a response. The company's support is non-existent and the scam is pink…. Honestly, everything is very bad. I feel cheated.
Hello Raúl, thank you for commenting on IC Markets. This broker is a SCAM. Do not send them money, they want to get as much money as possible from you with lies, the operations are not real, they do not put the money in the market, they only show it and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
Have you been scammed or scammed by any of these brokers? I was also a victim of Admiral Market, but I got help accessing my lost assets. Please feel free to contact mychargeback.com for excellent recovery service.
Hello Vargas, we have been recommending it for years. Thanks for your support.
Greetings.
They called me and the truth is that I don't see it clearly about investing with them and apart from that I have seen very bad comments in general, it doesn't give me confidence.
Hi Ibrahim, thanks for commenting on IC Markets. This broker is a SCAM. Do not send them money, they want to get as much money as possible with lies, the operations are not real, they do not put the money in the market, they just make it look and in the end they tell you that you have lost and they keep it.
If to withdraw your money they ask you for more to pay taxes, fees, legalizations, etc. Do not do it! It is a clear sign that they want to steal your money and they will not return anything even if you pay.
If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
To get your money back, try our chat or this link: CLAIM YOUR MONEY, WE HELP YOU
Greetings.
regulation in Australia is one of the strictest and most regulatory.
Hi Harry, thank you for sharing your experience with IC Markets. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
regards
I have been operating with Icmarkets for several years now and I have not had any problem with withdrawals or deposits, it is very punctual when requesting a withdrawal, also I believe that the regulation of a broker is not what makes it responsible, at least I operate in Several brokers registered in the Cayman Islands and Saint Vincent and the Grenadines and the truth is that I have not had problems with them
Hi Otto, thank you for sharing your experience with IC Markets. If you have more information about the company, we ask you to share it with us, especially if it is information that you think can help other people investing with this company.
Do you have names of advisers, numbers, emails from which they have contacted you? Do you remember how you found this broker in the first place?
regards