ICM Capital Trading Signals - TU Expert review

Updated: February 26, 2025

Mikhail Vnuchkov

Contributor

Reviewed by

Olga Shendetskaya

Editor

Full ICM Capital
overview

ICM Capital Trading Signals

We have compiled a comparison of all types of Forex signals offered by ICM Capital alongside its top two competitors, based on the Traders Union rating. The analysis includes features such as Copy Trading, Trading Central, automated alerts, and other tools like Autochartist and TradingView integration. This comparison showcases the range, accuracy, and accessibility of signals available, helping traders identify the best provider for their needs.

ICM Capital Trading Signals Review

	ICM Capital	Eightcap	XM Group
Copy trading	No	No	Yes
Trading Central	Yes	No	Yes
Signals (alerts)	Yes	No	Yes
TradingView	No	Yes	No
Autochartist	Yes	No	No
Trading bots (EAs)	Yes	Yes	Yes
Expert Analytics	Yes	Yes	Yes
Open an account		Open an account	Open an account

What are trading signals?

Trading signals are signals to enter a trade, which the broker provides to traders. They can be based both on fundamental and technical analysis.

A broker can provide signals in several ways:

Copy Trading Signals
Copy trading signals allow traders to automatically replicate the trades of successful investors. By following experienced traders, beginners can gain exposure to professional strategies, while advanced traders can diversify their portfolios.
Trading Central Signals
Generated by the Trading Central platform, these signals provide technical analysis and actionable insights based on market trends, patterns, and key levels. They cater to traders seeking a professional edge in decision-making.
Signals (Alerts)
Forex Alerts are direct notifications sent to traders about potential trading opportunities. These signals can be based on technical indicators, fundamental analysis, or market movements, helping traders act quickly on profitable setups.
TradingView Signals
These signals are derived from indicators and tools available on the TradingView platform. Brokers integrated with TradingView offer users access to custom alerts and community-driven insights, making it ideal for chart enthusiasts.
Autochartist Signals
Autochartist generates automated signals by identifying chart patterns, Fibonacci levels, and key price movements. It’s a valuable tool for traders looking for technical setups without manual charting.
Trading Bots (Expert Advisors)
Trading bots or EAs are automated systems that execute trades based on pre-programmed strategies. They allow traders to capitalize on opportunities without continuous monitoring of the markets.

When choosing signals, it is important to take into consideration their profitability, the list of trading instruments, the conditions of their provision – fees, markup, etc.

Short introduction of ICM Capital

Clients of ICM Capital can trade currency pairs and CFDs on stocks, indices, commodities, and metals. The minimum deposit is $200, and the allowed currencies for deposits and withdrawals are USD, EUR, GBP, and SGD. This broker offers a demo account and two real accounts, and any of the standard accounts can be upgraded to a professional account for expanded trading opportunities, but only if you qualify. The spreads are floating and start from 0 pips. There are no commissions on the Direct account, while the Zero account charges $7 per lot. Traders have the option to use the MT4 trading platform, including the mobile version. This broker does not provide alternative earning options such as joint accounts, copy trading, or referral programs. Educational materials are not available on the website, but there are many tools for technical and fundamental analyses.

💰 Account currency:	USD, EUR, GBP, and SGD
🚀 Minimum deposit:	$200
⚖️ Leverage:	Up to 1:200
💱 Spread:	Floating, from 0 pips
🔧 Instruments:	Currency pairs, CFDs on stocks, indices, metals, energies
💹 Margin Call / Stop Out:	No

ICM Capital Pros and Cons

👍 Advantages of trading with ICM Capital:

•This broker offers straightforward and clear conditions, with only account types that differ in trading costs.

•Traders can deposit and withdraw funds using various methods, and no commission is charged for the first withdrawal each month.

•Broker’s clients use the MetaTrader 4 trading platform, which is easy to learn and highly customizable through plugins.

•The company is officially registered in the United Kingdom and regulated by the Financial Conduct Authority (FCA).

•Clients' funds are protected against unforeseen circumstances, with insurance coverage of up to £5 million.

•This broker issues its own Mastercard plastic card, which can be used for payments worldwide and online.

•The company's website and the trader's user account provide numerous resources for market analysis and forecasting.

👎 Disadvantages of ICM Capital:

•The technical support operates only on weekdays and during limited hours (from 6:00 to 18:00 GMT).

•Clients cannot earn through any means other than active trading.

•If a user withdraws funds more than once per month, they will be charged a commission for each subsequent withdrawal.

Conclusion

Based on the results of the analysis, Traders Union analysts have concluded that ICM Capital does not have the best conditions for trading signals. The broker offers a limited choice of instruments, for which signals are provided, high fees and there are questions about signal profitability. Therefore, if you are planning to trade signals, it would be a good idea to consider another option.

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FAQs

Can I subscribe to several signal providers?

As a rule, brokers allow traders to do that. It is important to subscribe to several providers or newsletters, as it helps diversify the risks.

Are there fees charged for trading signals?

Yes. As a rule, the fee is charged as a markup to the spread, or it could be a subscription fee, or a percentage of the profit, etc.

Can trading signals depend on the account type?

Yes. As a rule, they are provided for certain account types, but may also be available for the standard account.