The broker operates in the European Economic Area under the Global ICM brand name. The company claims to be registered in Switzerland, with its head office in Geneva, but there is no confirmation of this. In addition, there is no information on the website about the date of its creation. As for the domain, it was not registered until August 2023. Finally, US citizens cannot use the platform’s services.
Is it safe to trade here? Can funds be trusted to this company? We will check the technical capabilities of the terminal and the legal aspects of the company’s work to make sure that the international broker is reliable and the quality of its services.
Trading Conditions
Global ICM platforms provide clients with access to all popular markets and hundreds of assets. The list includes metals, futures, cryptocurrencies, and other assets. The broker offers trading interactive charts with more than 80 indicators to choose from for order customization. The affiliate program guarantees members rewards of up to $1,000 per client.
Five account types are structured by minimum deposit amount and leverage. All plans include negative balance protection and advanced charts. You can choose an offer from the following options:
- Bronze, from $250 – leverage 1:100.
- Silver, from $3,000 – leverage 1:200.
- Gold, from $10,000 – leverage 1:300.
- Platinum, from $50,000 – leverage 1:400.
- VIP from $100,000 – leverage 1:500.
The number of additional services offering increases with each account level. For example, you can consult with a personal manager, participate in webinars, and get a personal business plan.
Global ICM receives a fee of 5% of the amount of each withdrawal from the client’s account as a broker’s profit. This fee contains 1% – for transaction processing and 4% – brokerage commission.
Educational materials for traders are available to users. Unregistered clients can also use stock tickers. The site provides an economic calendar and market quotes for all assets and separately for cryptocurrency. You can ask a question in the online chat, which is available on the site for contacting tech support.
Je bent al je geld kwijt het is SCAM
I cannot withdraw my money. I deposited 250euro with my creditcard to start with, the broker (Andrew) was very pushy that I need to deposit more. Eventually I did deposit 250 again, then he asked for more and start talking about some 100% bonus if I deposit 1000euro immediately. I did not do this, I wanted to withdraw my money. When in the procedure for the withdrawal he said I need to instal anydesk.com. This app makes him take control over your machine if you accept, which seems really sketchy to me. I declined and now I am being ignored. Luckily I did not invest much.
I recommend to stay away from global-icm.