ICE Markets

Years of Operation 2-5 years
Headquarters Saint Lucia
Minimum Deposit $30
Max Leverage 300X

Rating Index

1.43
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Regulatory Agencies

LFSA
Labuan Financial Services Authority

ICE Markets Review 2025: What Is ICE Markets ?

ICE Markets Limited, established in 2017 and headquartered in the Comoros, operates as a forex broker focusing on providing trading services across multiple asset classes. Although it was previously regulated by the Labuan Financial Services Authority (LFSA) in Malaysia, its regulatory status has been revoked, raising concerns about its operational legitimacy. With a history of around five years, ICE Markets aims to offer a straightforward trading experience, yet potential traders should remain cautious due to the lack of a current valid regulation.

Is ICE Markets Safe and Regulated?

Is ICE Markets Safe and Regulated? ICE Markets Limited, established in 2017 and headquartered in the Comoros, previously held a regulatory status under the Labuan Financial Services Authority (LFSA) in Malaysia. However, this regulatory status has since been revoked, which raises significant concerns regarding its operational legitimacy and compliance framework. Regulatory oversight plays a critical role in ensuring that brokers adhere to established standards, fostering transparency and accountability in their operations. Compliance with regulatory bodies typically involves stringent adherence to rules around Anti-Money Laundering (AML), Know Your Customer (KYC) protocols, and regular audits, all of which are fundamental to maintaining operational safety and investor protection. Without a current valid regulation, ICE Markets lacks the necessary compliance frameworks that contribute to safeguarding investor interests. The absence of effective regulatory oversight can lead to increased risks for clients, as there are no guarantees regarding the segregation of client funds or the implementation of investor protection schemes. Furthermore, the revocation of ICE Markets’ regulatory license serves as a red flag, indicating potential operational vulnerabilities that could undermine investor confidence. In such an environment, potential traders are advised to exercise caution, as the lack of regulatory support may expose them to higher levels of risk. ICE Markets must demonstrate accountability through transparent client communication, effective complaint handling, and regular disclosures to build trust with its customers. Consequently, while ICE Markets aims to provide a straightforward trading experience across various asset classes, the concerns surrounding its regulatory status necessitate a careful evaluation of its safety and operational integrity by prospective investors.

ICE Markets Licenses and Regulation Details

Comprehensive overview of regulatory authorities and their licensing status

Authority
Status
Country
License Type
Labuan Financial Services Authority
Revoked
Malaysia
STP

Licenses Notes

ICE Markets Limited was previously regulated by the Labuan Financial Services Authority (LFSA) in Malaysia. However, this regulatory status has been revoked, raising significant concerns about the broker’s operational legitimacy. The revocation indicates that ICE Markets is currently operating without valid regulatory oversight, which can lead to increased risks for clients due to the lack of compliance with established standards for investor protection. Without a current license, there are no assurances regarding the segregation of client funds or the implementation of investor protection schemes, highlighting the necessity for potential traders to exercise caution.

Is ICE Markets Legit or a Scam?

Safety Evaluation

No Multiple Regulation
ICE Markets lacks multiple regulatory oversight, which typically helps safeguard trader interests through compliance with established financial standards.
RegulationRisk
No Negative Balance Protection
Without negative balance protection, traders may be exposed to the risk of losing more than their initial investment, which can lead to significant financial losses.
RiskInvestor Safety

Regulatory Impact and Risk Interpretation

The lack of valid regulation for ICE Markets is a significant concern for potential traders. Regulatory bodies typically enforce rules that ensure investor protection, fund segregation, and operational transparency. With its regulatory status revoked, ICE Markets operates without the oversight necessary to safeguard client interests effectively. This absence can lead to increased risks, such as difficulties in fund withdrawals and limited recourse in disputes. Traders must be particularly cautious, as the lack of compliance with established financial standards heightens the potential for operational vulnerabilities. In this context, prospective clients should carefully evaluate the implications of trading with ICE Markets, as the absence of regulatory protections may expose them to higher levels of risk and uncertainty.

Should You Trade with ICE Markets? Key Pros and Cons Explained

A Balanced Overview of ICE Markets Review 2025: Regulation, Safety, and Trading Insights’s Advantages and Risk Factors

Pros

  • Offers access to multiple asset classes including forex, metals, commodities, and cryptocurrencies
  • Supports trading on MetaTrader 4 and MetaTrader 5 platforms
  • Competitive commission rates ranging from 0.0025% to 0.25%
  • No deposit fees for account funding, enhancing accessibility
  • High leverage options available, up to 1:300 for STP accounts

Cons

  • Regulation status revoked, raising concerns about operational legitimacy
  • Limited customer support options without 24/7 availability
  • Minimum deposit requirement is $30 for STP accounts, which may be high for some traders
  • Potential withdrawal conditions and verification requirements may complicate the process
  • Lack of advanced educational resources or materials for traders

ICE Markets Complaints and User Reviews 2025: What Real Traders Say

Authentic User Feedback Based on Verified Trading Activity

AlexG
London

I’ve had a mixed experience with ICE Markets. The range of trading instruments is pretty good, and I enjoy using MetaTrader 4. However, the revoked regulation makes me feel uneasy. I’ve faced some delays in withdrawals, which added to my frustration. It seems like they need to improve their customer support as well. Overall, I’m not completely satisfied but I’m also not ready to give up just yet.

BrianH
Sydney

I had a really disappointing experience with ICE Markets. My withdrawal took longer than expected, and I felt like I was left in the dark about what was going on. The revoked regulation is a huge red flag for me. I regret not doing more research before starting to trade with them. I wouldn’t recommend this broker to anyone.

KathyM
Singapore

Trading with ICE Markets has been quite challenging. While the platforms are decent, the lack of regulation makes me question their trustworthiness. I encountered issues with account verification, which slowed me down. The fees are competitive, but the overall experience has been somewhat confusing. I think I’ll be looking for a more reliable broker.

RogerZ
Manchester

I’ve been trading with ICE Markets for a while now and I must say, it’s been a surprisingly good experience. The variety of assets they offer is impressive, especially the cryptocurrencies. Even with the regulatory concerns, I find their trading conditions quite favorable. My withdrawals have been smooth, and I’m really enjoying the flexibility of their platforms. I feel like I’m able to make the most of my trades here.

ICE Markets Trading Platforms and Market Instruments

Trading Platforms

How ICE Markets Review 2025: Regulation, Safety, and Trading Insights Delivers Secure and Efficient Trading Access

MetaTrader 4 (MT4)
MetaTrader 4 is a globally recognized platform offering automated trading, technical analysis, and reliable execution for forex and CFD markets.
PCMACiOSAndroid
  • Automated trading capabilities
  • Advanced charting tools
  • Reliable order execution
  • Customizable interface

Exploring ICE Markets Trading Ecosystem and Supported Markets

ICE Markets Limited operates a diverse trading ecosystem primarily focused on forex, commodities, metals, and cryptocurrencies. The broker offers a total of 94 trading instruments, including 44 currency pairs, 3 spot metals like gold and silver, 2 CFD commodities, and 45 cryptocurrencies. This variety allows traders to engage with a multitude of asset classes, providing ample opportunities for both hedging and speculation. Through its platforms, ICE Markets facilitates trading via popular systems such as MetaTrader 4 and MetaTrader 5, which are known for their execution speed, stability, and mobile access capabilities. The technical infrastructure supports advanced trading features, including Expert Advisors (EAs) and Copy Trading, allowing for automated trading strategies and the sharing of market insights. Additionally, ICE Markets ensures a secure environment with encryption protocols, promoting trust and safety within its operations. Traders can expect competitive trading conditions, with leverage options of up to 1:300 and variable commission rates that range from 0.0025% to 0.25%. While aiming for transparency, ICE Markets emphasizes the importance of compliance measures, particularly in light of its revoked regulatory status, which necessitates cautious engagement from potential clients. Overall, the trading ecosystem at ICE Markets seeks to deliver a straightforward yet comprehensive trading experience across various asset classes while reinforcing safety and operational integrity.

ICE Markets Account Types and Minimum Deposit

ICE Markets Limited offers two real account types designed to cater to different trading needs. The first is the STP account, which requires a minimum deposit of $30 and provides leverage options of up to 1:300. This account is structured to facilitate access to a variety of trading instruments, allowing traders to engage in forex, commodities, metals, and cryptocurrencies. The commission rates for this account range from 0.0025% to 0.25%, ensuring competitive trading conditions. On the other hand, the STP-MA managed account necessitates a minimum deposit of $300 and offers leverage of up to 1:100. This account is tailored for those seeking a more managed trading experience. With both account types, traders can enjoy a straightforward trading environment supported by the MetaTrader 4 platform, which is known for its speed and reliability. Furthermore, ICE Markets emphasizes the importance of transparent trading practices and aims to provide a secure environment by implementing encryption protocols. While the trading conditions are designed to enhance user experience, it is crucial for prospective clients to consider the lack of current regulatory oversight when evaluating their options. Overall, each account type is crafted to deliver a unique trading experience while maintaining a focus on usability and client safety.

ICE Markets Fees, Spreads, and Withdrawals

Cost Transparency, Trading Spreads, and Funding Efficiency

ICE Markets Limited offers a trading environment characterized by competitive fees and a straightforward commission structure. Traders can engage in trading across various asset classes, with commission rates ranging from 0.0025% to 0.25% for the STP account and from 0.004% to 0.006% for the STP-MA managed account. The broker does not impose deposit fees, which allows clients to fund their accounts without additional costs, enhancing the accessibility of trading services. The minimum deposit required for a live STP account is set at $30, while the STP-MA account necessitates a minimum deposit of $300. ICE Markets typically facilitates rapid withdrawals; however, specific details regarding withdrawal processing times are not disclosed, leaving potential traders to inquire directly for precise timelines. In terms of trading conditions, ICE Markets supports both fixed and variable spreads, although typical ranges for spreads are not explicitly mentioned. Additionally, overnight or swap fees may apply, but these fees are not detailed in the available information. It is advisable for traders to remain vigilant regarding potential hidden costs or inactivity fees, as such aspects can impact overall trading expenses. While ICE Markets aims to provide transparent and competitive trading conditions, the absence of current regulatory oversight necessitates a cautious approach for prospective clients, emphasizing the importance of understanding the fee structure and potential costs involved in the trading process.

Deposit and Withdrawal Methods

Secure, Transparent, and Efficient Fund Transactions

Deposit Method

  • Credit/Debit Cards -
  • E-Wallets -
  • Bank Transfers -
  • Cryptocurrencies -

Withdrawal Method

  • Credit/Debit Cards -
  • E-Wallets -
  • Bank Transfers -
  • Cryptocurrencies -

Deposit and Withdrawal Notes

ICE Markets Limited provides a range of deposit and withdrawal options to facilitate transactions for its clients. Available deposit methods include cards, e-wallets, bank transfers, and cryptocurrencies. The minimum deposit for a live STP account is set at $30, while the STP-MA managed account requires a minimum deposit of $300. ICE Markets does not charge any deposit fees, enhancing the accessibility of its trading services. For withdrawals, clients can expect a straightforward process, although specific details regarding the exact steps are not disclosed. It is advisable for traders to inquire directly with ICE Markets for precise information on withdrawal processing times and requirements. Additionally, clients should be aware of the verification requirements, which typically involve Know Your Customer (KYC) protocols to ensure compliance with regulations. These may include providing identification documents and proof of address. Potential restrictions or conditions related to withdrawals may apply, and traders are encouraged to review these thoroughly. Overall, while ICE Markets aims to provide a user-friendly experience, the lack of regulatory oversight necessitates careful consideration and due diligence by prospective clients.

Safety & Regulation FAQs

Expert Answers on ICE Markets Review 2025: Regulation, Safety, and Trading Insights’s Safety and Regulation

Is ICE Markets currently regulated?

ICE Markets Limited was previously regulated by the Labuan Financial Services Authority (LFSA) in Malaysia. However, this regulatory status has been revoked, which raises significant concerns regarding the broker's operational legitimacy and compliance framework. Without valid regulatory oversight, potential traders should exercise caution as there are no guarantees regarding funds protection or investor safety measures.

What does the revoked regulatory status of ICE Markets imply for traders?

The revocation of ICE Markets' regulatory status indicates a lack of compliance with established financial standards, raising risks for clients. Typically, regulatory bodies enforce rules around investor protection, fund segregation, and operational transparency. The absence of such oversight suggests that traders may face increased risks, including potential difficulties in fund withdrawals and a lack of recourse in disputes.

How does ICE Markets ensure the safety of client funds?

While ICE Markets aims to provide a secure trading environment, the lack of current regulatory oversight limits the effectiveness of its safety measures. Typically, regulated brokers implement strict compliance protocols, including Anti-Money Laundering (AML) and Know Your Customer (KYC) measures, to ensure fund safety. However, with its revoked license, ICE Markets may not adhere to such standards, necessitating careful consideration from prospective clients.

What should traders be aware of regarding withdrawal processes at ICE Markets?

Traders should be mindful that while ICE Markets promotes a straightforward withdrawal process, specific details regarding withdrawal timelines and requirements are not disclosed. According to available information, clients may encounter verification requirements as part of the withdrawal process, which typically involves KYC protocols. The lack of transparent information can complicate withdrawal experiences and may lead to unexpected delays.

Can traders expect transparency in ICE Markets' operations?

Transparency is a critical component of trust in financial services. However, ICE Markets' revoked regulatory status raises questions about its operational transparency. Typically, regulated brokers are required to provide regular disclosures and handle client complaints effectively. In the absence of regulatory oversight, potential traders should critically evaluate the broker's communication practices and disclosures to assess the level of transparency in their operations.

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