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ICM Markets is a multi-asset broker that offers trading in Forex, stocks, indices, commodities, and cryptocurrencies. It was established in 2009 and is regulated by the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) in Australia, and the Financial Services Commission (FSC) in the British Virgin Islands. With its global presence and a wide range of trading instruments, ICM Markets has gained popularity among traders worldwide.



However, behind the seemingly transparent facade of ICM Markets, there are some mysteries and controversies that have left traders wondering and questioning the credibility of this broker. In this article, we will delve into the mysterious world of ICM Markets and uncover the truth behind the myths and legends surrounding it.



The Mysterious Origins of ICM Markets



ICM Markets has a somewhat mysterious past, with very little information available about its founders and the company's background. Some sources claim that it is owned by a company called ICM Capital Limited, which is registered in the UK. However, there is no mention of ICM Markets on the official website of ICM Capital Limited, raising suspicions about the relationship between the two entities.



Another mystery surrounding ICM Markets is its location. While the company claims to be based in the UK, there is no physical address provided on its website, and the FCA registration number leads to a different address. This lack of transp...




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arency about its location has raised concerns about the legitimacy of the broker.



Moreover, ICM Markets is not listed on any major stock exchange, which is uncommon for a reputable broker. This has led to speculation about the company's financial stability and whether it has the necessary funds to cover its clients' trades.



Controversies and Complaints



ICM Markets has been the subject of numerous controversies and complaints from its clients. One of the most significant issues raised by traders is the delay in withdrawals. Many traders have reported waiting for weeks or even months to receive their funds, which has caused a lot of frustration and mistrust towards the broker.



There have also been allegations of price manipulation and stop-loss hunting by ICM Markets. Some traders claim that their trades were closed at prices that were significantly different from the market price, resulting in unexpected losses. This has raised concerns about the broker's integrity and whether it is using unethical practices to profit at the expense of its clients.



Furthermore, ICM Markets has been fined by the FCA in the past for failing to report transactions accurately and for not having adequate systems and controls in place to prevent financial crime. This has further damaged the broker's reputation and raised questions about its compliance with regulatory standards.



The Mystery of Anonymous Reviews



If you search for ICM Markets reviews online, you will come across a mix of positiv...



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