ICM.com, a global leading financial services company that offers access to investment stocks across all the major exchanges as well as currency trading and a wide range of CFD trading instruments, has so far been going from strength to strength. This year, so far, has been big for the company. Here we look at some of their major announcements.
To start the year, in January, the company upgraded its partnership with the Italian Formula 1 team, Scuderia AlphaTauri. The ICM logo was featured on the nose of Scuderia Alpha Tauri’s new 2022 car-AT03, the drivers’ and team’s attire, and the team’s fleet of trucks. Moreover, their logo was also featured in the 4th season of the Netflix series “Formula 1: Drive to Survive”.
Formula 1 is a huge event that has a growing fan base of over 445 million viewers and attracts an affluent audience. Partnership with teams is competitive and ICM is proud to be working with a team we support. Shoaib Abedi, Founder, and CEO of ICM.com commented on the upgraded partnership: ‘We are proud to be partnered with a team who share the same fierce pursuit of performance and innovation as us.’
February kicked off with a massive spread reduction and the addition of several new products. The company reduced spreads by up to 50% on gold, oil, Dow Jones, S&P, Nasdaq, and natural gas, added 4 hot new commodities, 9 fresh FX pairs, and a 10-year US treasury bond CFD to their online trading.
ICM.com’s commitment to lower spreads and to continue adding the new hottest financial products provides some fierce competition in the market.
Using a platform with low spreads should allow for a better trading experience as well as allow investors to maximize potential trading profits. The major spread reduction included 7 of its most popular products.
Having a wide range of products available allows users to diversify their portfolio, helpful in times of inflation. The commodities added include platinum, cotton, cocoa, and sugar. ICM.com now has over 5,000 different financial instruments making them one of the most diverse trading platforms available.
In March, ICM.com provided the opportunity to invest in the UAE utility giant, DEWA’S IPO. This was offered through its recently added investment stocks platform, ICM securities. The DEWA IPO has made headlines as being one of the biggest opportunities of the year and ICM were excited to provide the simplest procedure and best customer service in signing up for its subscription.
ICM.com, which is committed to listening to its client’s feedback, understanding the needs of the market, and actively offering attractive promotions to both its new and existing clients, went on to hit its lowest fees so far on its ICM ZERO account in April. Its ZERO account has ultra-low raw spreads, starting from as low as zero, and a single flat fee commission. The company reduced this to $4 per trade, making its ICM ZERO account the most price-competitive trading account on the market, during this month.
ICM.com will kick off May with an increase in available leverage for FOREX traders that meet the requirements. Currency trading is ICM’s most popular product making up more than 50 percent of the company’s trades. Increasing available leverage increases risk, but will allow users to maximize potential profit.
ICM.com has so far fought relentlessly for regulation and the ability to protect clients’ assets securely in order to remove the counterparty risk faced when trading over-the-counter products. The London-based company has a global outreach with over 20 offices around the world.
‘2022 has been a big year for us in terms of meeting our vision to offer both performance and integrity across our financial services platforms. Our plan is to rapidly expand over the next few years by continuing to extend our range of trading instruments, improve our already fast technology and offer the most competitive conditions on the market. We are very excited for what the future holds.’ Shoaib Abedi, Founder, and CEO of ICM.com
For further information please visit www.ICM.com
About ICM.com
ICM.com is a UK-based global multi-regulated financial service provider, offering access to a diverse range of trading products, including currencies, stocks, commodities, and cryptos for retail and institutional clients, asset managers, fund managers, hedge fund managers, and introducing brokers.
The ICM.com brand was incorporated in 2009 in the United Kingdom and has expanded rapidly worldwide to cater to professional and institutional clients globally. ICM.com currently holds local offices in the United Kingdom, Europe, Asia, Latin America, and the Middle East, as well as other regions.
The ICM.com brand is authorized and regulated in various jurisdictions around the world: Financial Conduct Authority in the UK (FCA), Financial Services Commission in Mauritius (FSC Mauritius), Financial Services Authority of Saint Vincent and the Grenadines (FSA), Association Romande des Intermediaries Financiers (ARIF) in Switzerland, Labuan Financial Services Authority (Labuan FSA), Qatar Financial Centre Authority (QFC) and Stockholm County Administrative Board (CABS).
