Home -
Brokers -
Main body -

WikiFX Express

Exness
XM
EC Markets
TMGM
FOREX.com
FXTM
AvaTrade
FXCM
IC Markets Global
DBG Markets

WIKIFX REPORT: ICM Capital Releases Financial Results In Fy20 With A Net Profit Of £177,000

ICM | 2022-06-17 14:50

Abstract:ICM Capital Limited, a forex and CFDs broker, has released its financial reports for the fiscal year ending December 31, 2021. After a disappointing profit performance the previous financial year, the FCA-regulated broker reported a net profit of £177,015 this year.

ICM-Capital-708x375.jpg

Forex and CFDs broker ICM Capital Limited has released its financial reports for the year ending December 31, 2021. According to the FCA-regulated broker, it recorded a net profit of £177,015 after a poor performance in profit the previous financial year.

ICM Capital had a yearly turnover of £2.62 million, which is slightly higher than the £2.56 million recorded a year before. But the broker had a lower operating income of £1.97 million compared to the £3.02 million it recorded the previous year.

ICM highlighted that it performed well in both the yearly pre-tax profits and turnover, even as the market retraces after the volatility due to the COVID-19 pandemic.

High Performance Attributed To Lowering The Cost Of Sales

According to the financial report, the broker had a pre-tax profit of £226,585, which is far better than the previous years loss of £472,123. The high-profit performance, according to the firm, is a result of different factors such as a sharp cut in administrative expenses as well as lowering the cost of sales.

ICM Capital provides contracts for differences (CFDs) and spot forex trading services. While its main operational center is in the UK, the broker has established in other jurisdictions as well.ICM is also regulated in the Middle East, Mauritius, St Vincent and the Grenadines, Malaysia, and Cyprus.

A Focus On Product Expansion

ICM Capital has been busy in the market recently, as it plans to expand its product line. The broker recently included 700 share CFDs of top US-listed firms like PayPal, Alphabet, CME Group, Amazon, Facebook, and Apple Inc. Earlier this year, it partnered with Mastercard to roll out pre-paid cards for its users.

The broker is also making a move on institutional offering after the introduction of ESMA rules on retail trading markets. Also, the broker revealed that it will be rolling out a new product that will provide share dealing services.

BrokerDealerForex tradingForex BrokerForex news

Related broker

Offshore Regulated
ICM
Company name:ICM Capital Limited
Score
4.56
Website:https://www.icm.com/
5-10 years | Regulated in Seychelles | Regulated in South Africa | Retail Forex License
Score
4.56

Read more

Behind the Licences: Is Pepperstone Really Safe for Malaysians?

Pepperstone has built a global reputation as a forex and CFD broker, and it frequently highlights its network of international licences. Yet, when examined through WikiFX, the picture becomes more complex.

Original 2025-10-04 15:52

IBKR Jumps on September DARTs, Equity Growth

Interactive Brokers' stock climbs after strong September metrics, with DARTs and client equity surging while Citigroup lifts its price target.

Original 2025-10-03 19:10

Hirose Halts UK Retail Trading Amid Market Shift

Hirose Financial UK suspends retail forex services, citing a shift toward institutional trading despite strong revenue growth.

Original 2025-10-03 18:07

FINRA Fines United Capital Markets $25,000

FINRA fined and censured United Capital Markets $25,000 for supervisory gaps and unapproved, exaggerated retail communications in 2018–2019.

Original 2025-10-03 17:30

WikiFX Express

Exness
XM
EC Markets
TMGM
FOREX.com
FXTM
AvaTrade
FXCM
IC Markets Global
DBG Markets

WikiFX Broker

FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
AvaTrade

AvaTrade

Regulated
IEXS

IEXS

Regulated
FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
AvaTrade

AvaTrade

Regulated
IEXS

IEXS

Regulated

WikiFX Broker

FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
AvaTrade

AvaTrade

Regulated
IEXS

IEXS

Regulated
FXTM

FXTM

Regulated
Exness

Exness

Regulated
DBG Markets

DBG Markets

Regulated
XM

XM

Regulated
AvaTrade

AvaTrade

Regulated
IEXS

IEXS

Regulated

Latest News

Behind the Licences: Is Pepperstone Really Safe for Malaysians?

WikiFX
2025-10-04 15:52

Promised Recession... So Where Is It?

WikiFX
2025-10-04 18:30

Hirose Halts UK Retail Trading Amid Market Shift

WikiFX
2025-10-03 18:07

FINRA Fines United Capital Markets $25,000

WikiFX
2025-10-03 17:30

CONSOB Blocks EurotradeCFD’s Solve Smart, 4X News

WikiFX
2025-10-03 17:05

IBKR Jumps on September DARTs, Equity Growth

WikiFX
2025-10-03 19:10

Oanda: A Closer Look at Its Licenses

WikiFX
2025-10-03 15:02

FCA Urges Firms To Report Online Financial Crime

WikiFX
2025-10-03 15:32

Service Sector Surveys Show Slowdown In September Despite Rebound In Employment

WikiFX
2025-10-03 18:08

Rate Calc

USD
CNY
Current Rate: 0

Amount

USD

Available

CNY
Calculate

You may also like

Star Group PTY

Star Group PTY

JT Markets

JT Markets

IkasFX

IkasFX

Inverteo

Inverteo

Ghcwm

Ghcwm

Cointree

Cointree

Unrivaled Tx Growth

Unrivaled Tx Growth

Investing Pips

Investing Pips

LYNCREST

LYNCREST

Octopus Energy

Octopus Energy