Score
Vanuatu
|
2-5 years
| https://icmarketingfx.com
Website
Rating Index
Vanuatu
icmarketingfx.com United StatesNote: Icmarketingfx's official website: https://icmarketingfx.com is currently inaccessible normally.
Based in Vanuatu, Icmarketingfx is a forex broker offering a web-based trading platform. Its licenses are suspected as fake clone and its official website is not accessible.
| Pros | Cons |
| None | Suspected fake clone license of ASIC and VFSC |
| Fake web-based trading platform | |
| Limited contact channels | |
| Inaccessible website |
There are two licenses to regulate Icmarketingfx. However, both of the two are suspected to be fake clones. In fact, Icmarketingfx cliams it provides a regulatory license under the name Trademax Australia Limited and Trademax Global Limited, but the entity name is Icmarketingfx, which is inconsistent. Technically speaking, the VFSC is an offshore regulatory body. However, it has been discovered that this supposed watchdog has no association with Icmarketingfx. Whats more, Icmarketingfx may be a blatant copy of Australian broker IC Markets. Therefore, Icmarketingfx is not legit.
| License | ASIC | VFSC |
| Regulatory Status | Suspected Fake Clone | Suspected Fake Clone |
| Regulated by | Australia | Vanuatu |
| Licensed Institution | Trademax Australia Limited | Trademax Global Limited |
| Licensed Type | Market Making(MM) | Retail Forex License |
| Licensed Number | 436416 | 40356 |
Icmarketingfx only offers web-based trading platform. However, there are no charts, quotes, or any other features available—this is clearly a scam.
In Icmarketingfx, you can invest through only a bank transfer or a couple of crypto wallets. The minimum deposit required is only $1,which seems designed to attract investors.
For withdrawals, the only options are BTC and ETH. The minimum withdrawal amount for both methods is $1,000, and processing a payment request can take up to 12 hours. Bitcoin withdrawals incur no fees, while Ethereum withdrawals are subject to a fixed $10 fee plus a 10% charge.
Icmarketingfx only provides email for their traders.
| Contact Options | Details |
| Phone | ❌ |
| info@icmarketingfx.com | |
| Support Ticket System | ❌ |
| Online Chat | ❌ |
| Social Media | ❌ |
| Supported Language | English |
| Website Language | ❌ |
| Physical Address | level 28, One International Tower, 2000 Barangaroo Avenue, 2000 Sydney, NSW. |
| 1276, Kumul Highway, Port Vila, Vanuatu, Republic of Vanuatu. |
In conclusion, investing with Icmarketingfx is risky. First, their licenses of ASIC and VFSC can been seen as fake clones. Besides, its website is not accessible. The web-based trading platform and the low minimum deposit of $1 are ways to attract more traders. Therefore, you must be careful to invest with Icmarketingfx.
Is Icmarketingfx safe?
No. It is a scam for traders.
Is Icmarketingfx a good for beginners?
No. There are many traps for beginners such as minimum deposit of $1.
Is Icmarketingfx good for day trading?
No.
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