Brokers  /  ICB Capital

ICB Capital

Severe risk
Macedonia · 5-10 years · since 2020-12-10 · ICB Capital
This is a , not a leveraged forex/CFD broker — listed for reference. If you’re looking for a forex broker, see our forex broker directory.
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.53/10
Trustpilot/5
Forex Peace Army/5
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No sign that ICB Capital actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
85
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Listed as “Fake Broker” in industry watchdog records
  • Identified as a clone / impersonator firm
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing9735%
Company age2215%
Clone / impersonation10012%
Withdrawal & exposure complaints012%
Offshore registration458%
Transparency (site/info/social)5010%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal nameICB Capital
Headquarters Macedonia
Founded2020-12-10
Years operating5-10 years
Employees0
Official websiteicb-capital.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating
Trading cost rating
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods
Withdrawal methods
Instruments
Registered address
Street 1615, No:20/A, floor 36, Apt 315, Aerodrom, Skopje, Republic Of North Macedonia.

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Review analysis AI

ICB Capital is an unregulated broker based in North Macedonia with no verifiable independent information. The high scam risk score of 85/100 indicates severe risk. Traders should avoid this broker due to lack of oversight, limited track record, and the absence of investor protection mechanisms.

Not for
  • Risk-averse traders
  • Traders requiring regulatory protection
  • Traders seeking transparency and verifiable information
Period:

Real user reviews

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About ICB Capital

Company Overview

ICB Capital is registered in the Republic of North Macedonia, with an address at Street 1615, No:20/A, floor 36, Apt 315, Aerodrom, Skopje. The company was founded on December 10, 2020, according to official records. The broker operates under the domain icb-capital.com and maintains a presence on Facebook, Instagram, and Twitter/X.

Despite being active for several years, ICB Capital does not hold any known regulatory licences from financial authorities. The absence of oversight from a recognised regulator is a significant factor for traders to consider, as it means the broker is not subject to standard investor protection schemes or regulatory scrutiny.

Regulatory Status

Our records show that ICB Capital has no regulators on file. This means the broker is not authorised or supervised by any major financial regulatory body such as the FCA, CySEC, or ASIC. Unregulated brokers carry inherent risks, including the lack of recourse to compensation funds or dispute resolution mechanisms.

Traders should exercise extreme caution when dealing with unregulated entities. The absence of regulatory oversight is a red flag that often correlates with higher risk of misconduct, including refusal to process withdrawals or misappropriation of funds.

Company Background

ICB Capital was incorporated in North Macedonia in late 2020. The registered address is a residential or commercial unit in the Aerodrom district of Skopje. While the company has a social media presence, detailed information about its management, team, or operational history is not publicly available from independent sources.

The broker's official website, icb-capital.com, is the primary source of information. However, as of this review, we have not been able to verify the content or claims made on the site due to the absence of web search results. This lack of verifiable data limits our ability to provide a comprehensive overview.

Trading Products and Services

Without confirmed details from the broker's website, it is unclear what specific products ICB Capital offers. The name and domain suggest it may provide retail forex and CFD trading, common among similar unregulated brokers. However, no concrete information on instruments, leverage, or trading platforms is available at this time.

Prospective traders should approach with caution and seek full disclosure of terms before committing funds. The lack of independent verification of the broker's offerings is a significant informational gap.

Risk Assessment

FXCanary's Scam Risk Score for ICB Capital is 85 out of 100, categorised as 'Severe'. This high score reflects the broker's unregulated status, short operating history, and absence of independent reviews or verifiable client testimonials. The risk of financial loss is elevated for any trader considering this broker.

Traders are strongly advised to only use regulated brokers that offer investor protection. For those who still consider ICB Capital, we recommend conducting thorough due diligence and starting with minimal deposits.

Overview compiled by FXCanary from regulatory records and public data. full ICB Capital review