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ICM Trading is an online forex broker. ICMTrading offers the MT4, MetaTrader Mobile, and ActTrader global forex trading top platforms. File a case ICMarket!!!!! I opened a demo account with them, I download there mobile app and I start practicing on there Ctrader platform. I contacted there partner freesignals. I check my balance and I closed it then I log in with my demo account and continue practicing by placing some trades.
After a while I log in to my live account on my computer and I discover that those trade was made from my live account. I contacted the costumer service and they told me that it was a problem in there mobile app and the error has been escalated to their vendor spotware and all issues should be resolved. They admit that it was there mistake but who paid for it??
Answer : the costumer. Thank you IcMarkets All the reviews here are from Can anyone please help in knowing how are ICM services and how safe it is? Thanks I have never traded with ICM, actually never traded at all. Today I checked my balance on icm forex peace army credit card and ICMTrading has charged my card CAD I have danske bank uttag forex with th eanti fraud department from my card and they told me that Icm forex peace army has done this to several other clients.
Beware, if they take your money when you have no relation to them, I guess that they will have no problem charging the card you willingfuly provided. As per section 10, paragraph 'd' of your Risk Disclosure Statement:. ICM reserves the right to make the necessary corrections or adjustments on the account involved. After reviewing your account we note that you have been consistently trading on price quotes that were icm forex peace army reflective of the true market prices.
Your trading patterns showed that you performed arbitrage trades. Our platforms are for speculative trading - not for arbitrage trading. We have refunded the balance of what constitutes your original deposit and advise you to trade with a different broker. I have been trading with icm trading for the past week. I will also tell you how I did this if anyone is intrested in knowing as its not that difficult. However, now they are not allowing me a withdrawal of my profits.
They first said that I have increased my equity at a very high rate. So they need to check my account for trading off forex reserve of india in 2004 market rates. The next day they tell me that my account is not supposed to trade more than 50 lots so those trades above 50 lots will be cancelled and the equity will be readjusted. They didnt adjust the equity on that day. The next day the account manager tells me that I have traded with profits of pips which is also not allowed on the wintrader platform so my equity needs adjustment even for that which will be done by the technical team today.
And now its almost another day and they havent adjusted my equity or processed my withdrawals at all. This is my first post here. I am trading with various brokers, bigger and smaller. One of them is ICM Trading Forex Indices Commodities Futures CFDs Automated Trading ICM. I have been using their MT4 for about 6 Months and have deposited and withdrawn money a few times. So far, all went OK. Now is the first time, that i have a serious issue.
For more than a week they are simply not processing my withdrawal request for USD, which is the total balance of the account. Although i have emails from them that they will sort it out and process it "today", nothing happens. I just wanted to share this and fidn out if anyone has had good eperiences with them before and started to have similar problems recently? I will continue to try and contact them for a few days and if nothing happens, start a scam alert and recovery effort here.
I am also willing to share legal expenses with anyone who has similar issues. I would greatly appreciate if anyone affected could give me feedback how to tackle this issue. I am getting a bad feeling about this and will keep you posted about any icm forex peace army. Regards I spoke with ICM when I saw the derogatory review. This is their response:.
Hello, thank you for bringing this to my attention and yes. The forum post below seems to be from a client which was probably disappointed since we stopped our business relationship with him and paid his original deposits back to him. ICM gladly pays profits to legitimate traders and you experienced yourself that your withdrawal was processed to you without any issues and in a very timely manner. But ICM does not condone trading that is done on off market.
However, we will always return the principal to traders. The trader expects a fair business partner and ICM expects that from it's traders as well. In the end this client didn't loose anything since his original deposit has been returned to him and we advised him to trade with a different broker. We have a huge base of honest clients which are very successful on the markets and receive their withdrawals fast, efficient and even free of administrational costs.
Our client service team is doing an outstanding job, as you ertainly experienced yourself, and it's also disappointing for us that a trader, attempting unscrupulous trading practices, is now trying to put us in a bad light. Regarding the BVI FSC comment: we are fully icm forex peace army of that and have a lawyer working on this ssue, since we are fully legal and compliant.
Warning was issues since the BVI FSC misunderstood. This is of course not the case, ICM does not fall under the definition of 'banking business' under the Bank and Trust Companies Act, I hope my feedback was helpful for you, but. I can say Robert and ICM have looked after me well up to this point. Fastest execution i ever trade app. Witdraw's in 48 h wire. Live Discussion Video 0 Court 13 Widgets More Live discussion Join live discussion of ICMTrading.
Contact ad sales Court cases File a case Open 0 Resolved 0 Not guilty 0 Guilty 0 Add your review SORT BY: Posting Date Rating SHOW: 10 25 50 Yes No Let other traders know if this service is worth checking or should be avoided. MOUNIR Pooja All the reviews here are from Thanks Karoly sugiatno Mark Please note that ICMTrading is suspected to have connection to GCI Trading which is a scam on FPA website. Page 1 of 2 Add your review. Peace Army, ForexPeaceArmy, FPA, and the FPA Shield Logo are all.
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