General Information About the Broker
ICMswissCS (icmswisscs.com) markets itself as a forex trading platform. The domain appears active since early 2024. However, they show no history before that. This discrepancy raises questions.
Claimed Licenses and Regulation
ICMswissCS claims legitimacy but offers no verifiable licenses. BrokersView notes it is “not regulated by any governing body”.
On May 7, 2025, France’s AMF blacklisted the site for unauthorized forex activities .
The lack of valid regulation is a serious red flag.
Trading Conditions
They provide no clear information on account types or minimum deposits. Spreads and commissions remain undisclosed.
This opaque approach hides trading costs and fees. Investors cannot judge value or safety.
Trading Platform and Technology
ICMswissCS offers no recognizable trading platforms like MT4 or MT5.
This absence suggests they lack real technology. Users should expect poor or fraudulent execution.
Client Reviews and Feedback
Personal Reviews warns: “It is a SCAM!”.
They explain that withdrawal requests are delayed, and retention agents pressure for more funds.
BrokersView lists it as “Operating status: SCAM”.
Potential Scam Strategies
ICMswissCS likely uses aggressive marketing to lure deposits.
After deposits, clients face withdrawal delays, forcing chargebacks.
They may deploy retention agents to extract more funds.
They may also promote fake automated trading tools to mislead users.
Expert Opinion
Considering their lack of regulation, hidden fees, and withdrawal issues, ICMswissCS is highly unreliable.
AMF’s blacklist confirms the firm has run fraudulent forex operations.
Their trading claims do not match any real service.
Conclusion
The ICMswissCS broker review shows multiple scam signs.
It lacks regulation, hides trading terms, and disrupts withdrawals.
We strongly advise avoiding ICMswissCS.
Instead, choose brokers with FCA, CySEC, or ASIC oversight.
Make sure they disclose fees, platforms, and user reviews.
