The brokerage firm holds licenses in other jurisdictions, including Switzerland, Abu Dhabi, and South Africa.
ICM Capital does not offer services specifically to the US, North Korea, and China.
ICM Capital plans to end its operations in the UK,
according to a notice on the regulator’s website stating that the forex and CFD
brokerage firm has applied to cancel its authorization. The Financial Conduct
Authority (FCA) mentioned that ICM "must still meet our standards in dealing
with its customers."
ICM Shifts Focus to Other Regions
Despite this latest action, ICM Capital, which
rebranded to ICM.com in 2018, holds licenses in Abu Dhabi, Mauritius, Labuan, Saint Vincent, and the Grenadines. The company is also licensed by South Africa’s Financial Sector Conduct Authority and by ARIF in Switzerland. However, according to the information on its website, the broker does not provide its services to the US, North Korea, and China.
Source: FCA
In 2018, ICM rebranded to ICM.com, consolidating all
of its group entities under one brand. This initiative happened
alongside the unveiling of a new logo and a revamped website. Shoaib Abedi,
the Founder of the company, emphasized the importance of consolidating all
entities under one brand, citing the firm's exponential growth over the past
decade.
Abedi outlined key objectives as offering excellent
customer service, refined market knowledge, undertaking solid execution across multiple
asset classes, and an overall
rewarding investment experience. By aligning its brand identity with these factors, ICM aims to strengthen its offerings for investors and traders worldwide.
Expansion Efforts
The brokerage firm previously pursued several initiatives to increase its presence, including sports sponsorships, such as sponsorship of the English polo team, Fulham Football Club, and Cycling. ICM.com entered Qatar in 2021 as part of its expansion
to the Middle East and North African region. The move was facilitated through authorization from the Qatar Financial Centre, allowing ICM to set up a physical office in Doha, Qatar.
Abedi emphasized the company's commitment to
continuous expansion despite the challenges posed by the pandemic. The expansion into Qatar followed its entry into the Jordanian market as part of the company's global expansion strategy. Besides that,
ICM.com added around 700 US stock CFDs.
ICM Capital plans to end its operations in the UK,
according to a notice on the regulator’s website stating that the forex and CFD
brokerage firm has applied to cancel its authorization. The Financial Conduct
Authority (FCA) mentioned that ICM "must still meet our standards in dealing
with its customers."
ICM Shifts Focus to Other Regions
Despite this latest action, ICM Capital, which
rebranded to ICM.com in 2018, holds licenses in Abu Dhabi, Mauritius, Labuan, Saint Vincent, and the Grenadines. The company is also licensed by South Africa’s Financial Sector Conduct Authority and by ARIF in Switzerland. However, according to the information on its website, the broker does not provide its services to the US, North Korea, and China.
Source: FCA
In 2018, ICM rebranded to ICM.com, consolidating all
of its group entities under one brand. This initiative happened
alongside the unveiling of a new logo and a revamped website. Shoaib Abedi,
the Founder of the company, emphasized the importance of consolidating all
entities under one brand, citing the firm's exponential growth over the past
decade.
Abedi outlined key objectives as offering excellent
customer service, refined market knowledge, undertaking solid execution across multiple
asset classes, and an overall
rewarding investment experience. By aligning its brand identity with these factors, ICM aims to strengthen its offerings for investors and traders worldwide.
Expansion Efforts
The brokerage firm previously pursued several initiatives to increase its presence, including sports sponsorships, such as sponsorship of the English polo team, Fulham Football Club, and Cycling. ICM.com entered Qatar in 2021 as part of its expansion
to the Middle East and North African region. The move was facilitated through authorization from the Qatar Financial Centre, allowing ICM to set up a physical office in Doha, Qatar.
Abedi emphasized the company's commitment to
continuous expansion despite the challenges posed by the pandemic. The expansion into Qatar followed its entry into the Jordanian market as part of the company's global expansion strategy. Besides that,
ICM.com added around 700 US stock CFDs.
Jared Kirui is an Editor at Finance Magnates with more than five years of experience in financial journalism. He covers online trading, fintech, payments, and crypto industries with a focus on companies, regulation and compliance, executive moves, trading technology, and market analysis.
His work has been featured in other media outlets, including Benzinga, ZyCrypto, The Distributed, and The Daily Hodl.
Education:
Bachelor of Commerce degree (Finance option), University of Nairobi
Retail Traders Can Now Access Prediction Markets Through Binance Wallet
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👉 Be part of FM Awards 2026: https://awards.financemagnates.com/#nominate
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Watch the full video to see if Hola Prime Markets fits your trading needs.
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In this video, we review @HolaPrimeMarketsOfficial, a multi-asset forex and CFDs broker offering different account types, trading platforms, and flexible trading conditions.
We cover the broker’s overall offering, including account options, trading environment, platforms like MT4 and MT5, and additional services such as managed accounts and fast withdrawals.
Watch the full video to see if Hola Prime Markets fits your trading needs.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
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In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
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▶️ YouTube: /@financemagnates_official
#HolaPrime #PropFirm #Trading #FinanceMagnates #Forex #FuturesTrading #TradingReview #PropFirmReview
In this video, we review @HolaPrime_Global, a proprietary trading firm offering evaluation programs and performance-based payouts in simulated market environments.
We cover how the challenge model works, including account types, profit splits (up to 95%), trading rules, and what it takes to reach a funded account. You’ll also learn about available platforms like MT4, MT5, cTrader, and more, along with insights into payouts, support, and trading conditions.
Watch the full video to see if Hola Prime fits your trading style.
📣 Stay up to date with the latest in finance and trading. Follow Finance Magnates for industry news, insights, and global event coverage.
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Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Axi takes the spotlight at the Finance Magnates Awards, winning Global Most Innovative Broker 2025.
Olivia Xenofontos and Ivanna Openko share how the team will feel: proud, motivated, and ready to keep delivering.
They also describe the night as well-organized, focused, and enjoyable for all.
👉 Be part of FM Awards 2026.
Recognition that matters.
Built on transparency.
Driven by the industry.
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🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
Recognition that matters.
Built on transparency.
Driven by the industry.
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Nominations are now open.
🔗 https://awards.financemagnates.com/?utm_source=SM&utm_medium=social&utm_campaign=recognition-matters
