ICOREMARKETS has been flagged by Financial Conduct Authority for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
I was about to invest with ICOREMARKETS but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Financial Conduct Authority has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Not registered with regulators|Unrealistic promises
The platform itself is okay, but the customer service at ICOREMARKETS is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Intuitive for beginners|Educational resources|Detailed reporting
Cons: Cannot customize dashboard fully
I have been trying to close my account with ICOREMARKETS for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Multiple order types|Easy withdrawals
Cons: No phone support on weekends
I looked into ICOREMARKETS and found they appear in the regulatory warnings database. Financial Conduct Authority has issued a notice about this firm. Whether this is a misunderstanding or a serious concern, the fact remains that proper due diligence is essential. Always verify the regulatory status of any company before investing your hard-earned money.
Cons: Flagged by international regulators|Due diligence required
I want to warn everyone about ICOREMARKETS. They have been flagged by Financial Conduct Authority as an unauthorized entity. I wish I had checked before investing. They use high-pressure sales tactics and fake testimonials. Once you send money, getting it back is nearly impossible.
Cons: Withdrawal fees demanded|Communication cut off|Not authorized
ICOREMARKETS locked my account without warning and demanded documents I had already submitted. for about eight months later I still do not have access to my funds. Their compliance team does not respond to emails. I am considering legal action.
Pros: Two-factor authentication|Fast support response
Cons: Withdrawal takes 1-2 business days|Help articles are sometimes vague
I lost a significant amount because ICOREMARKETS did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Demo account available|Excellent charting
Cons: Minor UI glitches occasionally|Mobile app could be improved
The platform at ICOREMARKETS is riddled with bugs. Charts display incorrect data, order confirmations sometimes fail silently, and the portfolio tracker disagrees with actual positions. After since the beginning of the year of dealing with this, I have had enough.
Pros: Dividend tracking|Demo account available|Real-time alerts|Clear documentation
Cons: No fractional shares|Wait times can be long during peak hours
I am in a dispute with ICOREMARKETS over a trade that was clearly erroneous. The price shown was wrong, I closed at a profit, and they reversed the trade and took the money back. They said it was a system error. So I lose and they keep? Unacceptable.
Pros: Responsive team|Low minimum deposit|Copy trading available|API access
Cons: Mobile app could be improved
Where do I even begin with ICOREMARKETS? since last summer of broken promises, unanswered tickets, and a platform that feels like it was built in 2010. They spend more on marketing than on actually improving their service. Stay away from this company.
Pros: Educational resources|Easy withdrawals|Customizable dashboard|Fast deposits
Cons: Currency conversion fee exists