FNG Exclusive… FNG has learned that longtime ICM.com executive Moh Issapoor has stepped off the board of ICM Capital Limited, the group’s London based, FCA licensed unit.

Moh Issapoor has been with ICM since 2014, serving as the company’s Operations Manager for the past 10 years. He also became a Director of ICM Capital in 2018.

We had reported back in February that ICM Capital, the UK arm of the ICM.com brokerage brand, decided to withdraw from retail activity and focus on professional clients following two consecutive years of losses. Client money held by ICM Capital had fallen as at year-end 2022 to just £530,791, down from £4.27 million in 2021 and £6.09 million the previous year.

ICM.com is controlled by founder and CEO Shoaib Abedi, via Luxembourg holding company ICM Holding SARL.