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Icmarketingfx

Vanuatu|2-5 years|
Suspicious Scope of Business|High potential risk|

https://icmarketingfx.com

Website

Rating Index

Contact

info@icmarketingfx.com
https://icmarketingfx.com
level 28, One International Tower, 2000 Barangaroo Avenue, 2000 Sydney, NSW.

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Disclosure

Danger

EE FSA
2022-03-30

Check whenever you want

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Warning: Low score, please stay away! 4
Previous Detection : 2024-11-24
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The AustraliaASIC regulation (license number: 436416) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The VanuatuVFSC regulation (license number: 40356) claimed by this broker is suspected to be clone. Please be aware of the risk!
  • The Vanuatu VFSC regulation with license number: 40356 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

Icmarketingfx · WikiFX Survey

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Icmarketingfx · Company Summary

Note: 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.

Icmarketingfx's homepage

Pros and Cons

Pros Cons
NoneSuspected fake clone license of ASIC and VFSC
Fake web-based trading platform
Limited contact channels
Inaccessible website

Is Icmarketingfx Legit?

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 ASICVFSC
Regulatory Status Suspected Fake CloneSuspected Fake Clone
Regulated by AustraliaVanuatu
Licensed Institution Trademax Australia LimitedTrademax Global Limited
Licensed TypeMarket Making(MM)Retail Forex License
Licensed Number43641640356
Suspicious clone ASIC license
Suspicious clone VFSC license

Trading Platform

Icmarketingfx only offers web-based trading platform. However, there are no charts, quotes, or any other features available—this is clearly a scam.

Web-based trading platform

Deposit and Withdrawal

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.

Customer Service

Icmarketingfx only provides email for their traders.

Contact Options Details
Phone
Email 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.

The Bottom Line

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.

FAQs

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.

Broker Information

Company Name

Icmarketingfx Limited

Abbreviation

Icmarketingfx

Regulatory Status

Suspicious Clone

Platform registered country and region

Vanuatu

Company website
Type of License

Description of Approved License Type

Type I

The financial instrument business deals with highly liquid securities and provides derivative transactions, which have characteristics.

As mentioned above, the main business content of the first type of financial instrument business operators can be roughly summarized as securities business (securities, securities CFD, etc.), financial futures business (FX), derivative trading business related to cryptocurrencies, securities management, etc. The work can be divided into four categories.

Type II

The financial instrument business basically refers to funds (shares of collective investment plans), trust beneficiary rights with lower liquidity, that is, financial instrument transactions excluding major securities such as stocks and corporate bonds. These are referred to as "equivalent securities" in the various items listed in the second paragraph of Article 2 of this Sale Business Law (hereinafter referred to as "equivalent securities").

In addition, the self-issuance (private placement and public offering) of certain securities such as investment trust beneficiary rights that are not regarded as securities, currency-related market derivative transactions, etc. are also positioned as Type II financial instrument business.

Phone of the company

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X

--

Facebook

--

Instagram

--

YouTube

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Company address
  • level 28, One International Tower, 2000 Barangaroo Avenue, 2000 Sydney, NSW.

  • 1276, Kumul Highway, Port Vila, Vanuatu, Republic of Vanuatu.

Linkedin

--

WhatsApp

--

QQ

--

WeChat

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Customer Service Email Address
  • info@icmarketingfx.com

Company Summary

Review

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