Reported Website: https://www.icmbrokers.com/
ICM Brokers claims to be a reliable broker while presenting no details of its regulation on the website. Lacking regulation info may be a distinctive characteristic of unlicensed brokers, as legit brokers always display their licenses and certificates in a prominent place. Besides, ICM Brokers shows its office address is in St. Vincent and the Grenadines. However, we did not find any match results to ICM Brokers in St. Vincent and the Grenadines Financial Services Authority (SVG FSA). Besides, SVG FSA does neither issue licenses for forex trading nor regulate any forex activities. The truth is, ICM Brokers is not regulated by any regulators. That means investors’ money in this broker is unsafe and cannot be protected by any law. Therefore, it is a scam
