Trading Tools

Trading Tools

At ICM Capital we continuously strive to offer you services which can support you when trading with us. Below you will find a Pip Calculator which can help you to calculate the value of a pip depending on the currency pair and the lot size of your transaction. You will also find a Pivot Calculator which is simple to use and designed to calculate Pivot Points in just seconds. After that, you can have access to the Economic Calendar which will help you to track the occurrence of market-moving events. Also, you will have the opportunity to use the Trading Signals on MT4 which can help you to subscribe to the signal feeds of other traders via their MT4 platform.
 

Economic Calendar

GMT+1 Currency Event Actual Forecast Previous Imp.
23:30 NZD Performance of Services Index     47.5
23:45 NZD FPI (MoM) (Apr)     -0.5%
GMT+1 Currency Event Actual Forecast Previous Imp.
00:50 JPY M2 Money Stock (YoY)   2.5% 2.5%
00:50 JPY M3 Money Supply (Apr)     2,141.1B
02:30 AUD NAB Business Confidence (Apr)     1
02:30 AUD NAB Business Survey (Apr)     9
04:00 NZD Inflation Expectations (QoQ)     2.5%
05:00 IDR Consumer Confidence (Apr)     123.8
08:00 CHF SECO Consumer Climate (Q2)   -40 -38
10:00 EUR EU Economic Forecasts      
10:30 EUR German 12-Month Bubill Auction     3.448%
11:00 EUR Eurogroup Meetings      
12:00 EUR German Current Account Balance n.s.a (Mar)     29.8B
12:25 BRL BCB Focus Market Readout      
13:00 INR CPI (YoY) (Apr)   4.80% 4.85%
13:30 CAD Building Permits (MoM) (Mar)   -4.6% 9.3%
14:00 USD Fed Governor Jefferson Speaks         
14:00 USD FOMC Member Mester Speaks         
14:00 EUR French 12-Month BTF Auction     3.460%
14:00 EUR French 3-Month BTF Auction     3.803%
14:00 EUR French 6-Month BTF Auction     3.666%
16:00 USD NY Fed 1-Year Consumer Inflation Expectations     3.00%
16:30 USD 3-Month Bill Auction     5.250%
16:30 USD 6-Month Bill Auction     5.155%
17:45 CHF SNB Chairman Thomas Jordan speaks      
22:00 KRW Export Price Index (YoY) (Apr)     2.6%
22:00 KRW Import Price Index (YoY) (Apr)     -0.7%
23:45 NZD Electronic Card Retail Sales (MoM) (Apr)     -0.7%
23:45 NZD Electronic Card Retail Sales (YoY) (Apr)     -3.0%
23:45 NZD External Migration & Visitors (Mar)     35.00%
23:45 NZD Permanent/Long-Term Migration (Mar)     7,630
23:45 NZD Visitor Arrivals (MoM)     0.9%
GMT+1 Currency Event Actual Forecast Previous Imp.
00:00 CAD Leading Index (MoM) (Apr)     0.26%
00:50 JPY PPI (MoM) (Apr)     0.2%
00:50 JPY PPI (YoY) (Apr)   0.9% 0.8%
04:35 JPY 5-Year JGB Auction     0.404%
05:00 IDR Retail Sales (YoY) (Mar)     6.4%
05:30 NOK Consumer Confidence (Q2)     -26.60
07:00 GBP Average Earnings ex Bonus (Mar)     6.0%
07:00 GBP Average Earnings Index +Bonus (Mar)   5.3% 5.6%
07:00 GBP Claimant Count Change (Apr)   13.9K 10.9K
07:00 GBP Employment Change 3M/3M (MoM) (Mar)     -156K
07:00 GBP Unemployment Rate (Mar)   4.3% 4.2%
07:00 EUR German CPI (YoY) (Apr)   2.2% 2.2%
07:00 EUR German CPI (MoM) (Apr)   0.5% 0.5%
07:00 EUR German HICP (YoY) (Apr)   2.4% 2.4%
07:00 EUR German HICP (MoM) (Apr)   0.6% 0.6%
07:00 JPY Machine Tool Orders (YoY)       -8.5%
07:30 CHF PPI (YoY) (Apr)     -2.1%
07:30 CHF PPI (MoM) (Apr)   0.2% 0.1%
07:30 INR WPI Food (YoY) (Apr)     6.88%
07:30 INR WPI Fuel (YoY) (Apr)     -0.77%
07:30 INR WPI Inflation (YoY) (Apr)     0.53%
07:30 INR WPI Manufacturing Inflation (YoY) (Apr)     -0.85%
08:00 GBP Labour Productivity   -1.0% 0.7%
08:00 EUR Core CPI (YoY) (Apr)   2.9% 3.3%
08:00 EUR Spanish CPI (YoY) (Apr)   3.3% 3.3%
08:00 EUR Spanish CPI (MoM) (Apr)   0.7% 0.7%
08:00 EUR Spanish HICP (YoY) (Apr)   3.4% 3.4%
08:00 EUR Spanish HICP (MoM) (Apr)   0.6% 0.6%
08:30 GBP BoE MPC Member Pill Speaks         
09:40 EUR Spanish 3-Month Letras Auction     3.597%
10:00 EUR German ZEW Current Conditions (May)     -79.2
10:00 EUR German ZEW Economic Sentiment (May)   44.9 42.9
10:00 EUR ZEW Economic Sentiment (May)   46.1 43.9
10:00 ZAR Gold Production (YoY) (Mar)     -3.6%
10:00 ZAR Mining Production (Mar)     9.9%
10:30 EUR German 2-Year Schatz Auction     2.910%
10:30 ZAR Unemployment Rate (Q1)     32.10%
10:30 ZAR Unemployment (Q1)     7.895M
11:00 USD NFIB Small Business Optimism (Apr)   88.1 88.5
11:00 BRL Brazilian Service Sector Growth (YoY) (Mar)     2.5%
11:00 BRL Brazilian Service Sector Growth (MoM) (Mar)     -0.9%
11:00 EUR ECOFIN Meetings      
11:00 EUR Eurogroup Meetings      
12:00 USD OPEC Monthly Report      
12:00 BRL BCB Copom Meeting Minutes      
13:30 USD PPI ex. Food/Energy/Transport (MoM) (Apr)     0.2%
13:30 USD PPI ex. Food/Energy/Transport (YoY) (Apr)     2.8%
13:30 USD Core PPI (YoY) (Apr)     2.4%
13:30 USD Core PPI (MoM) (Apr)   0.2% 0.2%
13:30 USD PPI (YoY) (Apr)     2.1%
13:30 USD PPI (MoM) (Apr)   0.3% 0.2%
13:30 CAD Wholesale Sales (MoM) (Mar)   -0.9% 0.0%
13:55 USD Redbook (YoY)     6.0%
14:10 USD Fed Governor Cook Speaks         
14:15 EUR ECB's Schnabel Speaks         
15:00 USD Fed Chair Powell Speaks         
16:30 USD 52-Week Bill Auction     4.915%
21:30 USD API Weekly Crude Oil Stock   1.000M 0.509M
GMT+1 Currency Event Actual Forecast Previous Imp.
00:55 KRW Exports (YoY) (Apr)     13.8%
00:55 KRW Imports (YoY) (Apr)     5.4%
00:55 KRW Trade Balance (Apr)     1.53B
02:30 AUD Wage Price Index (YoY) (Q1)     4.2%
02:30 AUD Wage Price Index (QoQ) (Q1)   1.0% 0.9%
05:00 IDR Export Growth (YoY) (Apr)     -4.19%
05:00 IDR Import Growth (YoY) (Apr)     -12.76%
05:00 IDR Trade Balance (Apr)     4.47B
07:00 NOK Trade Balance (Apr)     64.0B
07:45 EUR French CPI NSA (YoY) (Apr)     2.20%
07:45 EUR French CPI NSA (MoM) (Apr)     0.50%
07:45 EUR French CPI (MoM) (Apr)   0.5% 0.2%
07:45 EUR French CPI (YoY)   2.2% 2.3%
07:45 EUR French HICP (YoY) (Apr)   2.4% 2.4%
07:45 EUR French HICP (MoM) (Apr)   0.6% 0.6%
07:45 EUR France Inflation Ex-Tobacco (YoY) (Apr)     2.10%
09:00 USD IEA Monthly Report      
10:00 EUR Employment Change (QoQ)     0.3% 0.3%
10:00 EUR Employment Change (YoY)       1.2%
10:00 EUR Employment Overall (Q1)       167,534.6K
10:00 EUR GDP (QoQ)     0.3% 0.0%
10:00 EUR GDP (YoY) (Q1)     0.4% 0.4%
10:00 EUR Industrial Production (YoY) (Mar)     -6.4%
10:00 EUR Industrial Production (MoM) (Mar)   -0.3% 0.8%
10:30 EUR German 30-Year Bund Auction     2.620%
11:00 INR Exports (USD)     41.68B
11:00 INR Imports (USD)     57.28B
11:00 INR Trade Balance     -15.60B
11:00 EUR Reserve Assets Total (Apr)     1,214.96B
12:00 USD MBA 30-Year Mortgage Rate     7.18%
12:00 USD MBA Mortgage Applications (WoW)     2.6%
12:00 USD MBA Purchase Index     144.2
12:00 USD Mortgage Market Index     197.1
12:00 USD Mortgage Refinance Index     477.5
12:00 ZAR Retail Sales (YoY) (Mar)     -0.8%
12:30 INR M3 Money Supply     10.9%
13:00 BRL IBC-Br Economic Activity (Mar)     0.40%
13:15 CAD Housing Starts (Apr)   232.0K 242.2K
13:30 USD Core CPI (MoM) (Apr)   0.3% 0.4%
13:30 USD Core CPI (YoY) (Apr)     3.8%
13:30 USD Core CPI Index (Apr)     316.70
13:30 USD Core Retail Sales (MoM) (Apr)   0.2% 1.1%
13:30 USD CPI (MoM) (Apr)   0.4% 0.4%
13:30 USD CPI (YoY) (Apr)   3.4% 3.5%
13:30 USD CPI Index, n.s.a. (Apr)     312.33
13:30 USD CPI Index, s.a (Apr)     312.23
13:30 USD CPI, n.s.a (MoM) (Apr)     0.65%
13:30 USD NY Empire State Manufacturing Index (May)   -10.80 -14.30
13:30 USD Real Earnings (MoM) (Apr)     0.3%
13:30 USD Retail Control (MoM) (Apr)     1.1%
13:30 USD Retail Sales (YoY) (Apr)     4.27%
13:30 USD Retail Sales (MoM) (Apr)   0.4% 0.7%
13:30 USD Retail Sales Ex Gas/Autos (MoM) (Apr)     1.0%
13:30 CAD Manufacturing Sales (MoM) (Mar)   -1.4% 0.7%
15:00 USD Business Inventories (MoM) (Mar)   0.0% 0.4%
15:00 USD NAHB Housing Market Index (May)   51 51
15:00 USD Retail Inventories Ex Auto (Mar)   -0.1% -0.1%
15:30 USD Crude Oil Inventories     -1.362M
15:30 USD EIA Refinery Crude Runs (WoW)     0.307M
15:30 USD Crude Oil Imports     -0.353M
15:30 USD Cushing Crude Oil Inventories     1.880M
15:30 USD Distillate Fuel Production     0.275M
15:30 USD EIA Weekly Distillates Stocks     0.560M
15:30 USD Gasoline Production     0.099M
15:30 USD Heating Oil Stockpiles     0.285M
15:30 USD EIA Weekly Refinery Utilization Rates (WoW)     1.0%
15:30 USD Gasoline Inventories     0.915M
16:00 USD Cleveland CPI (MoM) (Apr)     0.4%
17:00 USD Atlanta Fed GDPNow (Q2)     4.2% 4.2%
17:00 USD FOMC Member Kashkari Speaks         
18:30 BRL Foreign Exchange Flows     1.747B
20:20 USD FOMC Member Bowman Speaks         
21:00 USD US Foreign Buying, T-bonds (Mar)     88.80B
21:00 USD Overall Net Capital Flow (Mar)     51.60B
21:00 USD TIC Net Long-Term Transactions (Mar)   89.3B 71.5B
21:00 USD TIC Net Long-Term Transactions including Swaps (Mar)     71.50B
GMT+1 Currency Event Actual Forecast Previous Imp.
00:50 JPY Foreign Bonds Buying     -1,013.0B
00:50 JPY Foreign Investments in Japanese Stocks     153.2B
00:50 JPY GDP (YoY) (Q1)       0.4%
00:50 JPY GDP (QoQ) (Q1)     -0.4% 0.1%
00:50 JPY GDP Capital Expenditure (QoQ) (Q1)       2.0%
00:50 JPY GDP External Demand (QoQ) (Q1)       0.2%
00:50 JPY GDP Price Index (YoY) (Q1)     3.3% 3.9%
00:50 JPY GDP Private Consumption (QoQ) (Q1)       -0.3%
02:30 AUD Employment Change (Apr)   25.3K -6.6K
02:30 AUD Full Employment Change (Apr)     27.9K
02:30 AUD Participation Rate (Apr)     66.6%
02:30 AUD Reserve Assets Total (Apr)     92.7B
02:30 AUD Unemployment Rate (Apr)   3.9% 3.8%
04:00 KRW M3 Money Supply (Mar)     5,369.6B
04:00 KRW M2 Money supply (Mar)     4.50%
04:00 NZD RBNZ Offshore Holdings (Apr)     58.90%
05:30 JPY Capacity Utilization (MoM) (Mar)     -0.5%
05:30 JPY Industrial Production (MoM) (Mar)   3.4% 3.8%
07:00 NOK GDP (QoQ) (Q1)     1.5%
07:00 NOK GDP Mainland (QoQ) (Q1)     0.2%
08:00 EUR German Buba Mauderer Speaks         
09:00 GBP BoE Financial Stability Report      
09:00 EUR Italian CPI (MoM) (Apr)   0.2% 0.2%
09:00 EUR Italian CPI (YoY) (Apr)   0.9% 0.9%
09:00 EUR Italian CPI Ex Tobacco (YoY) (Apr)     1.2%
09:00 EUR Italian HICP (YoY) (Apr)   1.0% 1.0%
09:00 EUR Italian HICP (MoM) (Apr)   0.6% 0.6%
09:00 EUR ECB Financial Stability Review      
10:00 EUR Italian Trade Balance (Mar)   4.770B 6.034B
10:00 EUR Italian Trade Balance EU (Mar)     -0.85B
12:00 BRL IGP-10 Inflation Index (MoM) (May)     -0.3%
12:30 EUR German Buba President Nagel Speaks         
13:30 USD Building Permits (MoM) (Apr)       -3.7%
13:30 USD Building Permits (Apr)     1.480M 1.467M
13:30 USD Continuing Jobless Claims     1,785K
13:30 USD Export Price Index (YoY)     -1.4%
13:30 USD Export Price Index (MoM) (Apr)   0.2% 0.3%
13:30 USD Housing Starts (Apr)   1.410M 1.321M
13:30 USD Housing Starts (MoM) (Apr)     -14.7%
13:30 USD Import Price Index (YoY)     0.4%
13:30 USD Import Price Index (MoM) (Apr)   0.2% 0.4%
13:30 USD Initial Jobless Claims     231K
13:30 USD Jobless Claims 4-Week Avg.     215.00K
13:30 USD Philadelphia Fed Manufacturing Index (May)   7.7 15.5
13:30 USD Philly Fed Business Conditions (May)     34.3
13:30 USD Philly Fed CAPEX Index (May)     20.00
13:30 USD Philly Fed Employment (May)     -10.7
13:30 USD Philly Fed New Orders (May)     12.2
13:30 USD Philly Fed Prices Paid (May)     23.00
14:15 USD Capacity Utilization Rate (Apr)   78.4% 78.4%
14:15 USD Industrial Production (YoY) (Apr)     0.00%
14:15 USD Industrial Production (MoM) (Apr)   0.2% 0.4%
14:15 USD Manufacturing Production (MoM) (Apr)     0.5%
15:00 USD Fed Vice Chair for Supervision Barr Speaks         
15:30 USD FOMC Member Harker Speaks         
15:30 USD Natural Gas Storage     79B
16:15 USD Atlanta Fed GDPNow (Q2)        
16:30 USD 4-Week Bill Auction     5.270%
16:30 USD 8-Week Bill Auction     5.275%
16:30 USD FOMC Member Mester Speaks         
20:50 USD FOMC Member Bostic Speaks         
21:30 USD Fed's Balance Sheet     7,353B
21:30 USD Reserve Balances with Federal Reserve Banks     3.331T
23:45 NZD PPI Input (QoQ) (Q1)   0.6% 0.9%
23:45 NZD PPI Output (QoQ) (Q1)   0.5% 0.7%
GMT+1 Currency Event Actual Forecast Previous Imp.
00:00 KRW Unemployment Rate (Apr)     2.8%
01:30 SGD Non-Oil Exports (YoY) (Apr)     -20.70%
01:30 SGD Non-Oil Exports (MoM) (Apr)     -8.40%
02:30 SGD Trade Balance     4.657B
02:30 CNY House Prices (YoY) (Apr)     -2.2%
03:00 CNY Fixed Asset Investment (YoY) (Apr)   4.6% 4.5%
03:00 CNY Industrial Production (YoY) (Apr)   4.6% 4.5%
03:00 CNY Chinese Industrial Production YTD (YoY) (Apr)     6.1%
03:00 CNY Retail Sales (YoY) (Apr)   3.8% 3.1%
03:00 CNY Chinese Retail Sales YTD (YoY) (Apr)     4.70%
03:00 CNY Chinese Unemployment Rate (Apr)     5.2%
03:00 CNY NBS Press Conference         
05:30 JPY Capacity Utilization (MoM)     -0.5%
05:30 JPY Industrial Production (MoM)   3.8% -0.6%
06:30 EUR French Unemployment Rate (Q1)     7.5%
07:30 CHF Industrial Production (YoY) (Q1)     -0.40%
08:20 EUR ECB's De Guindos Speaks         
08:50 CNY FDI     -26.10%
09:00 GBP BoE MPC Member Mann Speaks         
09:30 HKD GDP (YoY) (Q1)   2.7% 2.7%
09:30 HKD GDP (QoQ) (Q1)   2.3% 2.3%
10:00 EUR Core CPI (MoM) (Apr)   0.7% 0.7%
10:00 EUR Core CPI (YoY) (Apr)   2.7% 2.7%
10:00 EUR CPI (YoY) (Apr)   2.4% 2.4%
10:00 EUR CPI (MoM) (Apr)   0.6% 0.8%
10:00 EUR CPI ex Tobacco (MoM) (Apr)     0.8%
10:00 EUR CPI ex Tobacco (YoY) (Apr)     2.3%
10:00 EUR CPI, n.s.a   126.05 125.30
10:00 EUR HICP ex Energy & Food (YoY) (Apr)   2.8% 2.8%
10:00 EUR HICP ex Energy and Food (MoM) (Apr)   0.6% 0.9%
12:30 INR Bank Loan Growth     19.0%
12:30 INR Deposit Growth     13.3%
12:30 INR FX Reserves, USD     641.59B
13:30 CAD Foreign Securities Purchases (Mar)   3.51B -8.78B
13:30 CAD Foreign Securities Purchases by Canadians (Mar)     24.19B
13:30 CAD New Housing Price Index (MoM)     0.0%
13:30 CAD New Motor Vehicle Sales (MoM)     137.7K
15:00 USD US Leading Index (MoM) (Apr)   -0.3% -0.3%
15:15 USD Fed Waller Speaks         
18:00 USD U.S. Baker Hughes Oil Rig Count     496
18:00 USD U.S. Baker Hughes Total Rig Count     603
20:30 GBP CFTC GBP speculative net positions     -21.8K
20:30 USD CFTC Aluminium speculative net positions     1.3K
20:30 USD CFTC Copper speculative net positions     62.6K
20:30 USD CFTC Corn speculative net positions     -31.4K
20:30 USD CFTC Crude Oil speculative net positions     215.4K
20:30 USD CFTC Gold speculative net positions     199.6K
20:30 USD CFTC Nasdaq 100 speculative net positions     4.4K
20:30 USD CFTC Natural Gas speculative net positions     -135.8K
20:30 USD CFTC S&P 500 speculative net positions     -9.7K
20:30 USD CFTC Silver speculative net positions     53.7K
20:30 USD CFTC Soybeans speculative net positions     -60.0K
20:30 USD CFTC Wheat speculative net positions     -17.8K
20:30 CAD CFTC CAD speculative net positions     -69.2K
20:30 MXN CFTC MXN speculative net positions     112.3K
20:30 CHF CFTC CHF speculative net positions     -41.8K
20:30 AUD CFTC AUD speculative net positions     -64.5K
20:30 BRL CFTC BRL speculative net positions     -37.6K
20:30 JPY CFTC JPY speculative net positions     -134.9K
20:30 NZD CFTC NZD speculative net positions     -11.2K
20:30 EUR CFTC EUR speculative net positions     4.6K

VPS Hosting for Forex Trading

This Virtual Private Server (VPS) is available for existing and new clients who maintain a balance of 4,000 USD or equivalent in EUR, GBP or SGD in their account. It allows Expert Advisors to be installed and run without interruption 24 hours a day whenever the markets are open. We've chosen to partner with Beeks FX, one of the global leaders in VPS solutions. If you are a FX trader who wants access to one of the fastest VPS services in the industry then you can get it with ICM Capital.

CAPTCHA

Key Features

  • Free for accounts that maintain a 4,000 USD balance or equivalent in EUR, GBP or SGD
  • Increases the speed of your trades
  • No required number of lots to be traded
  • 24/7 technical support directly with the hosting company
  • Compatible with Expert Advisors
  • Accessible from anywhere in the world
  • Reduces Latency
  • Reduces slippage
  • Improves tick count

Specifications

  • 1152 mb ram
  • 1 vcpu
  • 17gb hdd
  • Windows 2012

What is Pip?

A pip is the minimum price fluctuation of the instrument being priced. At ICM Capital we have introduced five digit quotes to allow our clients to benefit from smaller price increments and moves in the market. For instance, Instead of quoting prices with four digits. i.e EURUSD 1.3151/1.3153, we quote the pair at a lower spread of 1.3 as 1.31508/1.31524.

What is a lot?

A Forex Lot is the amount of currency you buy or sell. Say for example you wish to 100,000 USD, 100,000 is basically your trade size. Forex Lot is basically representation of Trade Size in a different format. A Standard Lot would represent 100,000 of any currency.

EUR 100,000 = 1 Standard Lot Euro

Although the ability to earn significant profits by using leverage is substantial, leverage can also work against investors. For example, if the currency underlying one of your trades moves against you, leverage will greatly amplify the potential losses. To help reduce the chance of such a scenario, forex traders usually implement a strict trading style that includes the use of stop and limit orders.

To help ensure accuracy please make sure the numbers you enter are in the correct format and include the correct amount of digits, for example EUR/USD we quote the pair at a lower fixed spread of 1.6 at say 1.31508/1.31524 with five digits not four 1.3151/1.3153.

In order to calculate the pivot point you must take the Open, High, Low and Close price which can be found in the MetaTrader 4 platform by using the 'Crosshair' (the + sign on the top left hand corner) and moving it over the chart.

What is a Trailing Stop?

A Trailing Stop causes the level of the Stop Loss to trail the price level of a Buy or Sell position. Using a specified algorithm a Trailing Stop allows traders to maintain their open position and continue to achieve profits as long as the price moves in their favoured direction. Once Trailing Stops have been fixed they don't have to be altered manually, as a stop loss does.

Will the Trailing Stop work when I am offline?

Ensure that the MetaTrader 4 Client Terminal is running and that your device is connected to the internet when placing a Trailing Stop order, as it will only remain active when you are online. Once you close your trading platform your Trailing Stop order will be deactivated, while your Stop Loss order will remain active if it was placed before the Trailing Stop.

If you are new to Forex trading then Micro lots can be an ideal way for you to enter an exciting market that has a Daily turnover of over USD 5 trillion a day (as of April 2016). In Forex trading the minimum contract size for a micro account is 0.01 of a lot, which is equal to 1,000 units of the base currency.

At ICM Capital we do not treat clients differently depending on their deposit size, so this type of trading is open to all clients and is available on both our demo and live MT4 platforms.

We aim to continuously improve your trading environment and offer you the best possible service. If you have any questions please do not hesitate to get in touch with our award-winning Client Services team.

 

Key Features

  • Start and stop following Signal Providers in a matter of minutes
  • Signal Providers which you follow can be stopped at any time
  • Follow multiple traders at once to diversify your strategies
  • Trades are directly linked to clients own platform and continue to be placed even when they are away from the platform
  • Demo version is available before going live

How to Access Trading Signals?

Becoming a Signal Provider

ICM Capital’s advanced traders with a successful trading strategy can use Trading Signals to their advantage. Simply register here as a ‘Seller’ by filling in the requested data in the registration form. Once registration is complete you can sell your signals to thousands of subscribers around the world. Please note there are no costs to register as a Signal Provider however it takes 30 days for your track record to be verified by MetaQuotes before you can add a fee to your service.

Click here for the user guide on becoming a Signal Provider: User guide

Are Trading Signals Secure?

MetaQuotes has designed this advanced software to ensure each trade features a digital signature that prevents the trade from being copied incorrectly. Trades triggered by a provider’s signals are copied on the subscriber’s account in a way that reflects the money management rules used by the signal provider. Signal Providers are paid a fixed monthly subscription fee.

How do I choose a signal provider?

Choose a signal provider which is using a Live Account and see how many trades have been executed. Generally, if a signal provider has performed 100 or more trades it shows that this is an active account. Clients should be aware of the drawdown percentage, less than 30% is thought to be ideal. Follow traders with a steady growth rate. If the growth is high very quickly, the signal provider may be trading in a high-risk manner. Finally, you may find that paid signals are more reliable in the long run. If you choose to follow a Signal Provider who charges for the signals, you can be sure that the Signal Provider has partaken in a 30 day trial period and has been verified by MetaQuotes before being able to start charging for the owned signals.

How can I manage my risk with Trading Signals?

Manage each signal you are following as if it were an individual trade and ensure, when you subscribe to a Signal Provider that you set parameters to manage your risk on each trade. Have a strategy in place to choose how much of your account is dedicated to each Signal Provider. Ensure within your strategy you have a clear exit tactic and have rules in place for when you will stop following each signal.

Disclaimer
MetaQuotes Software Corp. is a respected third party software development company however the information provided should not be considered as trading advice. ICM Capital provides the opportunity for clients to follow trading signals to support clients in their trades, however each Signal Provider should be independently evaluated. ICM Capital will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
 

CFDs and Spot FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Your profit and loss will vary according to the extent of the fluctuations in the price of the underlying markets on which the trade is based. Read More
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