Brokers  /  ICB Capital

ICB Capital

Moderate riskForex / CFD broker
Macedonia · 5-10 years · since 2020-04-17 · ICB Capital Ltd
Unregulated
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Independent ratingshow third parties score this broker
WikiFX1.55/10
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.
45
Moderate risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
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 & licensing8535%
Company age2215%
Clone / impersonation012%
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 Ltd
Headquarters Macedonia
Founded2020-04-17
Years operating5-10 years
Employees0
Official websiteicb.capital
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 registered in North Macedonia with no independent user reviews. The absence of regulatory oversight and limited public information present significant risks for traders. FXCanary's Guarded risk score (45/100) reflects these concerns, and we advise extreme caution before engaging with this entity.

Best for
  • Experienced traders comfortable with unregulated brokers
Not for
  • Beginners or traders seeking regulatory protection
  • Traders who require a licensed and audited broker
Period:

Real user reviews

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About ICB Capital

Overview

ICB Capital is a financial services firm registered in the Republic of North Macedonia, established on 17 April 2020. The company operates under the domain icb.capital and lists its registered address at Street 1615, No:20/A, floor 36, Apt 315, Aerodrom, Skopje.

As of our review, ICB Capital does not hold any known regulatory licences from major financial authorities. The absence of regulation is a significant factor for traders to consider, as it means the broker is not subject to oversight by bodies such as the FCA, CySEC, or ASIC. The firm maintains a presence on Facebook, Instagram, and Twitter/X, though the extent of its online activity and client base is not independently verified.

Regulation and Safety

Our records indicate that ICB Capital has no regulatory licences on file. This lack of oversight means that client funds are not protected by any investor compensation scheme, and there is no requirement for the broker to adhere to standard financial conduct rules.

FXCanary's Scam Risk Score for ICB Capital is 45 out of 100, placing it in the 'Guarded' category. This score reflects the inherent risks associated with trading through an unregulated entity, including potential difficulties in dispute resolution and a higher likelihood of operational opacity.

Background and Registration

ICB Capital was incorporated in North Macedonia on 17 April 2020, according to official registry data. The company's registered office is located in the capital city of Skopje.

There is limited publicly available information about the firm's ownership structure or management team. As a relatively young company operating outside major regulatory frameworks, ICB Capital's long-term stability and reputation are difficult to assess from public sources alone.

Products and Services

Based on the broker's name and typical offerings from similar entities, ICB Capital likely provides retail forex and CFD trading services to individual traders. However, without access to the official website, we cannot confirm the specific instruments, platforms, or account types offered.

Traders considering this broker should seek direct clarification from the company regarding its product suite, execution model, and any associated risks.

Client Suitability

Given the unregulated status and limited public information, ICB Capital may be more suitable for experienced traders who fully understand the risks of trading with an unlicensed entity. It is not recommended for beginners or those seeking a transparent and regulated trading environment.

Prospective clients should conduct thorough due diligence, including verifying the broker's claims independently and considering alternative regulated brokers.

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