Reported as a scam / unregulated
Why ICE Markets is on the register
ICE Markets marks itself as a regulated forex broker in Malaysia, subject to the oversight of the Labuan Financial Services Authority (Labuan FSA). However, our search for the company it claims, ICE-FX Markets Limited, in the register of the Labuan FSA didn’t yield any matching results. The fact contradicts the assertion about its regulatory status, exposing ICE Markets’ intention to defraud. In essence, ICE Markets is not regulated by any governing body. Entrusting this broker with investors’ funds is highly risky, as there are no legal protections in place to safeguard the funds. ICE Markets is unequivocally a scam.
If you have money with this broker
- Stop sending funds. Do not pay any further “fees”, “taxes” or “verification” charges to release a withdrawal — this is a common secondary scam.
- Preserve evidence. Save transaction IDs, wallet addresses, chat logs, and every screenshot before the account is closed.
- Report it. Notify your bank/exchange and your national financial regulator so the activity is on record.
- Get guidance. Tell us what happened and we will point you toward the right next step. We are a free public registry — we never charge any fees.
SentFunds is an information and referral service. Listing reflects reported concerns and public findings; it is not a legal determination.