ICG24 Review

About ICG24

ICG24 (operating via domains including icg24.com, ic-global.trade, and user.tradeicg24.com) is not authorised to provide financial services and lacks any recognized forex or investment regulation; the United Kingdom Financial Conduct Authority (FCA) issued a consumer warning on 12 September 2022, stating explicitly that ICG24 is providing financial services or products in the UK without authorisation and that clients would not benefit from access to the Financial Ombudsman Service or protection from the Financial Services Compensation Scheme (FSCS) (). Additionally, the Bank of Russia identified ICG24 as exhibiting signs of operating as an illegal professional participant in the securities market on 21 October 2022, listing the domains icg24.com, ic-global.trade, and user.tradeicg24.com as associated with its operations ().

ICG24 is registered in the UK under the corporate name ICG 24 LIMITED with Companies House registration number 13868303; however, this registration does not equate to regulation or licensing in financial services (). Independent review platforms (e.g., WikiFX, ForexBrokerz) likewise confirm the absence of any valid regulatory license and assign the broker a very low trust or safety score, reinforcing the regulatory conclusions ().

Pros and cons

Pros

• No verified regulatory oversight (registration with Companies House does not constitute financial licensing).
• Domains in use are documented and publicly flagged by regulators.

Cons

• Unauthorised operation in the UK, with formal FCA warning issued on 12 September 2022.
• Identified as potentially illegal by the Bank of Russia on 21 October 2022.
• No regulation by any financial authority; no safeguards such as client fund segregation, compensation scheme access, or legitimate licensing.
• Low credibility ratings across multiple broker evaluation platforms.