I've been with ICM for over 4 years now; been consistently profitable during that time.
Perhaps I've been moved to the A book, assuming they have a B book (which I've seen no evidence of thus far), but I can't say I've noticed substantial problems with any kind of regularity, though they have had occasional hiccups in the past when the growth of their clientbase outstripped the capacity of their infrastructure.
For smaller lots and losing traders - in effect - they are 'false ECN brokers', i.e. they trade small lots and losing traders' trades 'in-house' by 'B-booking'. They play the casino inside the casino.
I agree. my positive comments were from a long time ago. My experience with them confirms what you say. I was with them for 6 months before the games started including losing deposits so I couldn't cover margin.
Oh yah!.....that's the tactic of I-See-Bucketshop ...they wait for new clients to get happy and, as soon as the client becomes profitable and start withdrawal of profits, their back-office swing into action and all sorts funny-stuffs start happening on theri trading account.
I have to agree with rob559. If you are not going to provide details of your claim then it is of little value to other members to post your petty gripes.
For example Yosi4088. There is no robot that performs so well that a broker will ban it due to client risk. Please provide a name and a link as well as details of how you were 'blocked' or I have to dismiss you as an idiot whiner or an arbitrage cheater.
RhmanSL - all sorts of funny stuffs?? Please provide details or I have to dismiss you as an idiot whiner who is new to trading and forex.
macdoug - a lost deposit is a serious accusation. Please provide us the full story including links to your litigation against ICM. You did pursue litigation or at least an FPA claim didn't you?? I certainly would if a broker 'lost' one of my deposits.
Idiot whiners - there are other places on the internet where you can go and feel bad for your lack of experience and knowledge. If you have a legitimate grievance against ICM please post the full story with all the necessary evidence to support your claim. The purpose of this forum is to determine if a broker is reliable and legitimate. Vague accusations don't allow us to do that.
When I was opening small deals - they would come in quickly. When I was opening big deals it took time until they entered. I always got out quickly, from the moment I put the big deal into the moment she came in and took a few seconds and I lost a lot of money because of it.
I asked them a million times the money back after a long time I got.
A few days ago I found a good robot - I told them I wanted to go back if they stopped the problem on their servers after a few seconds they blocked me from the chat
HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors.
Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance.
You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.
Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice.
Past performance is not indicative of future results.