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IMC Trading Review
IMC Trading is a private Amsterdam market maker that trades on its own account across many exchanges. It does not offer accounts to retail traders.
Min Deposit
N/A
Spreads From
Not applicable
Max Leverage
Not applicable
Platforms
N/A
Pros
- IMC has operated successfully since 1989 and now has about 1,600 staff
- It is a top ranked market maker for US listed options and ETFs
- Its Dutch and US units are registered with the AFM and FINRA
- It won designated market maker rights on the NYSE from Goldman Sachs in 2014
Cons
- IMC is not a retail broker, so ordinary traders cannot open an account
- Europe's top court upheld an AFM fine against IMC for market manipulation in 2011
- The SEC fined its Chicago arm for breaking short selling rules in 2022
- FINRA fined the firm 1.2 million dollars for years of wrong trade reports in 2024
IMC was founded in 1989 by Robert Defares and Rene Schelvis, two floor traders at the Amsterdam options exchange. The name stood for International Marketmaker's Combination. Wiet Pot joined as co CEO in 2008 and left in 2017. The firm now has about 1,600 staff in Amsterdam, Chicago, London, New York, Sydney, and other cities.
IMC trades its own money as a market maker in stocks, options, ETFs, and bonds on more than 90 exchanges. In 2014, it bought Goldman Sachs' market maker rights on the New York Stock Exchange. IMC is not a retail forex or CFD broker. It has no sign up page, no minimum deposit, and no trading app for outside traders.
IMC is registered with the Dutch AFM, and its US arm is a FINRA registered broker dealer. In 2011, Europe's top court upheld an AFM fine against IMC for market manipulation. In 2022, the SEC fined its Chicago arm 125,000 dollars for short selling rule breaks. In 2024, FINRA fined the firm 1.2 million dollars for wrong trade reporting.
Max Leverage
Not applicable
Spreads From
Not applicable
Regulation, fund safety, track record
Spreads, execution, leverage
Platform quality, charting, features
Analysis, webinars, learning materials
Support quality, responsiveness
Mobile app quality, features
