
UK retail FX and CFD broker ICM.com has applied to the Financial Conduct Authority (FCA) to cancel the license of its UK subsidiary ICM Capital Limited (No. 520965). The exact reasons for the application have not been disclosed.

source: FCA
ICM Capital Limited has held an FCA license since November 8, 2010, according to information retrieved from the FCA website. However, on May 15, 2024, the company applied to cancel its license.
Despite the application for license cancellation, the British regulator has emphasized that ICM Capital Limited is still required to adhere to FCA standards when dealing with customers.
Despite applying for the revocation of its license, the UK regulator emphasizes that ICM Capital Limited is still subject to FCA standards in its dealings with clients.