Comprehensive Overview of IcCryptoETF

IcCryptoETF claims to be an investment and trading broker that offers an extended portfolio of financial instruments: ETFs. The company says it offers an impressive list of auxiliary services such as education, higher leverage, priority withdrawal of funds, and personal analyst support. These features negatively affect the low trust rating of the dealer. The review below will seek to find out if the company is legit or a scammer.

Highlights

Key Trading Features

IcCryptoETF facilitates trading in conventional assets, focusing on ETFs. In fact, the project offers regular CFDs and various account types aimed at different user needs, with different conditions, services and privileges. These account types include: The Trial, Secondary Income, Managed Portfolio, The Retiree, and The Heritage.

The minimum deposit for The Trial account is $250. Despite its name, this account type does not offer any demo accounts and users are expected to risk real capital from the start. This can be a big setback for beginners who would want to get comfortable with the platform before risking any money.

The range of leverage options goes from 1:200 to 1:400. While these ratios can yield high returns, they also leave traders at a very high risk of losing money. These kinds of high-leverage rates significantly increase the likelihood of financial losses, according to regulators in Europe, which cap such leverage at 1:30–1:50 to protect retail investors.

The platform has two types of margin: margin and margin cover. For example, opening a position in CFDs is subject to a margin fee that ranges from 0.25% to 100% of the contract value. In other words, if a CFD has a value of $10,000, $1,000 is paid as a margin. The spreads are not published, which unfortunately means that traders cannot estimate the total cost of trading. Other trading fees include undisclosed spread information and trading commissions, which we will discuss in more detail later.

IcCryptoETF provides additional services, such as an account manager for support and arbitrage opportunities that are strictly limited in number. The broker promises personalized investment and trading strategies to wealthy clients who deposit more than $250,000. A question mark on the authenticity and very existence of the services due to the lack of transparency decreases the reliability of the dealer.

Overview of Available Trading Instruments

IcCryptoETF allegedly provides access to the following financial instruments: crypto, currency pairs, indices, ETFs, and commodities. However, it does not give any details about the number of instruments. Besides, not all of them may be tradable via a browser terminal. Contracts for Difference, or CFDs, are not presented on the official website, although they are mentioned in the Terms and Conditions. It is worth emphasizing that CFDs are dangerous instruments, especially when combined with high leverage — this can lead to significant losses.

There are a lot of risks involved in trading in ETFs and CFDs. Some ETFs can be highly illiquid; it is difficult to trade them without large price changes. Besides, ETFs depend greatly on the abilities of their managers. Poor management may result in very unsatisfactory returns.

Trading Platform Analysis

WebTrader is used as the main and only trading terminal. The interface is very simple: basic asset charts, a few timeframes, and a few tools. It includes an order book, trade history, and a market order interface. However, the platform does not have advanced features like arbitrage trading and other trading instruments.

This can be seen as a disadvantage, as such low liquidity allows broker managers to influence the market against users and create conditions for their significant losses. There is also no mobile application, which seriously limits those customers who prefer trading via smartphones.

Additional Services

IcCryptoETF claims several additional services for both beginners and experienced traders. Now, let’s take a closer look at them all.

The dealer underlines that “high-quality educational materials” are provided, including webinars, a one-on-one trading academy with specialized content, answers to the most frequently asked questions by beginners, and a “Glossary” section.

Managers also offer a VIP program that one can get into when making a more substantial initial deposit. The VIP program promises expert guidance throughout the partnership. VIP clients can also enjoy guaranteed profits on trades and special deals.

IcCryptoETF has a referral program: it returns a referral bonus of 10% of the deposit of each invited friend. For one attracted user, the total payout can be $25,000. New users also receive a 5% bonus on their first deposit if they register using a referral link.

Fee Structure

The fee structure of IcCryptoETF is not easily accessible on the website but rather buried in other digital documents. This is how most scam brokers manage to fool unsuspicious traders.

Also, there is an income tax that clients have to pay according to their jurisdiction. The inactivity of the account for 30 working days entails the $99 fee, continuously happening if the user stops trading and has money left in the account. In addition, there is an overnight fee, which triples on Wednesday nights.

Deposit transactions are subject to charges from payment systems or banks, while for withdrawals, the broker charges 1% but not less than $30 and not more than $300. Such a fee policy is too restrictive and can significantly impact traders’ profitability.

Legitimacy of IcCryptoETF

IcCryptoETF claims to be an officially working company in Europe, positioning itself as a reliable and secure broker. The headquarters of the company is listed as being located in Switzerland, but this is misleading information because no related offices exist at the given address. It also falsely claims to be regulated by FINMA, Switzerland’s financial supervisory authority.

The lack of proper regulation coupled with false claims of legal registration is already a red flag. Trading with an unregulated broker like IcCryptoETF puts clients at risk of losing money and becoming a victim of data theft.

Company History

IcCryptoETF has been in business since the second half of 2024. Of course, a very short history is a huge pitfall that points to unreliability and instability. Accompanied by negative reviews and customer complaints, this seriously harms the reputation of this dealer.

Conclusion

IcCryptoETF is an unregulated CFD broker. Furthermore, it has mediocre trading conditions. Given its very low trust rating, combined with accusations of market manipulation and fraud, this might be the worst-case scenario. Anyway, any misleading statements about regulation and legal registration serve as confirmation that the project is suspicious. We strongly advise you against investing there.

Weighing the Pros and Cons

Common Questions