ICM Capital Fees, Spreads and Commissions Reviewed ☑️ ( 2023)

ICM Capital Fees Spreads and Commission vary according to the account type that the trader is using.  ICM Capital spread list starts from 0.0 pips.

ICM Capital at a Glance

?Choose your quick section of our ICM Capital Fees Spreads and Commission below.

ICM Capital Fees and spreads – 9 key points quick overview:

1. ICM Capital at a Glance
2. ICM Capital Fees and spreads – 9 key points quick overview:
3. ICM Capital Fees and Spreads
4. ICM Capital Additional Trading Fees
5. ICM Capital Broker Fees
6. ICM Capital Customer Reviews
7. ICM Capital Pros and Cons
8. Conclusion
9. Frequently Asked Questions

?Here is our overview of the ICM Capital Fees Spreads and Commission as well as the features that are offered, which could affect your trading.

ICM Capital Fees and Spreads

ICM Capital’s spread list starts from 0.0 pips EUR/USD.

?The spread list that traders can expect, along with the commissions, will depend on the account type that traders choose to use. These trading fees are as follows:

ICM Capital Direct Account – spreads from 1.3 pips EUR/USD and commission-free trading.

ICM Capital Zero Account – spreads from 0.0 pips EUR/USD and commissions from 7 USD (95 ZAR).

ICM Capital Additional Trading Fees

Overnight fees, also referred to as swap fees, are those fees debited or credited from/to the account of the trader, depending on whether they are holding a short/long position. The overnight fees that traders can expect from ICM Capital relate to USD/TRY with a -38.19 long swap and -19.15 short swap.

ICM Capital offers Muslim traders the option of converting either the ICM Capital Direct or Zero Account into that an Islamic account at no extra cost. This exempts Muslim traders, who follow the Sharia Law from the interest which is prohibited by the law.

ICM Capital Broker Fees

Traders must note that, apart from the 200 USD (2 715 ZAR) minimum deposit, they are subjected to certain deposit fees and withdrawal fees according to the deposit/withdrawal method that is used, indicated below.

Deposit Fees

?Skrill/Moneybookers – 0.32 USD (4.35 ZAR) and a country surcharge fee of 1%.

? Neteller – 2.5% with a minimum of 1 USD (13.60 ZAR).

? PayPal – 3.75% processing fee along with a fixed fee of 0.20 USD (2.70 ZAR) or currency equivalent in EUR or GBP.

?Credit/Debit Card – 3.36% with USD, 4.25% with EUR, and 4.61% with GBP.

? China UnionPay – fee of 1.50%

? ICM Prepaid Card – fee of 1.75%

Withdrawal Fees

? Bank Transfer – 15 GBP (288 ZAR)

? Skrill/Moneybookers – 1% with a minimum of 0.49 USD (9.40 ZAR) and a maximum of 10 USD (192 ZAR)

? PayPal – 2%

? China UnionPay – 5 USD (96 ZAR)

? ICM Prepaid Card – 1.95 USD (37.50 ZAR)

There are no other broker fees indicated for ICM Capital, however, traders are urged to clarify whether they may be subjected to any fees other than those mentioned in this review.

ICM Capital is not a spread betting broker, so spread betting fees will not apply.

ICM Capital Customer Reviews

I had issues with my skrill and that…

I had issues with my skrill and that caused some delays of about a week in my withdrawal processing but as soon as skrill sorted out my account the money landed.

Processes went smoothly

Just want to say that I was recommended by a friend to trade with ICMCAPITAL and so far after 3 months all deposits and withdrawals have gone smoothly and hoping to continue trading with them.

The company is so trusted

The company is so trusted, and the company’s employees were super professional and helpful.
ICM has a low spread, no commission, and nice offers.

ICM Capital Pros and Cons

Conclusion

ICM Capital Fees Spreads and Commission vary according to the account type that the trader is using.  ICM Capital spread list starts from 0.0 pips.

You might also like: ICM Capital Review

You might also like: ICM Capital Account Types Overview

You might also like: ICM Capital Demo Account – Step by Step

You might also like: ICM Capital Islamic Account Overview

You might also like: ICM Capital Minimum Deposit

You might also like: ICM Capital Sign up Bonus

Frequently Asked Questions

Does spread betting cost apply to ICM Capital?

The brokerage offers reasonable spreads and commission fees for both its account types.

What type of spreads applies to ICM Capital?

The brokerage provides relatively competitive spreads and commission fees for both its account types. The Direct account EURUSD spread is given at 1.3 pips and is offered free of commissions.

What are the costs of trading with ICM Capital?

The minimum deposit requirement at ICM Capital is $200 USD or its equivalent in other supported currencies.

What spreads can I expect with ICM Capital?

You can expect variable spreads that start from 0.0 pips on the ICM Zero Account.

What is the overall rating out of 10 for ICM Capital?

8/10.

Featured SA Shares Writer and Forex Analyst.