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.
22:45 NZD Visitor Arrivals (MoM) -12.4%   -2.8%
23:45 NZD External Migration & Visitors (Mar) -97.40%   -98.60%
23:45 NZD Permanent/Long-Term Migration (Mar) 825   415
GMT+1 Currency Event Actual Forecast Previous Imp.
00:01 GBP Rightmove House Price Index (MoM) 1.8%   2.1%
00:50 JPY PPI (YoY) (Apr) 3.6% 3.1% 1.2%
00:50 JPY PPI (MoM) (Apr) 0.7% 0.5% 1.0%
01:30 SGD Non-Oil Exports (YoY) (Apr) 6.00%   11.90%
01:30 SGD Non-Oil Exports (MoM) (Apr) -8.80%   1.10%
01:30 SGD Trade Balance 5.436B   7.916B
02:30 CNY House Prices (YoY) (Apr) 4.8%   4.6%
03:00 KRW Exports (YoY) (Apr)   41.2%   41.1%
03:00 KRW Imports (YoY) (Apr)   33.9%   33.9%
03:00 KRW Trade Balance (Apr)   0.43B   0.39B
03:00 CNY Fixed Asset Investment (YoY) (Apr) 19.9% 19.0% 25.6%
03:00 CNY Industrial Production (YoY) (Apr) 9.8% 9.8% 14.1%
03:00 CNY Chinese Industrial Production YTD (YoY) (Apr) 20.3%   24.5%
03:00 CNY Retail Sales (YoY) (Apr) 17.7% 24.9% 34.2%
03:00 CNY Chinese Retail Sales YTD (YoY) (Apr) 29.61%   33.90%
03:00 CNY NBS Press Conference         
07:00 JPY Machine Tool Orders (YoY)   120.8%   65.1%
07:30 CHF PPI (YoY) (Apr) 1.8%   -0.2%
07:30 CHF PPI (MoM) (Apr) 0.7%   0.6%
07:30 INR WPI Food (YoY) (Apr) 4.92%   3.24%
07:30 INR WPI Fuel (YoY) (Apr) 20.94%   10.25%
07:30 INR WPI Inflation (YoY) (Apr) 10.49% 9.05% 7.39%
07:30 INR WPI Manufacturing Inflation (YoY) (Apr) 9.01%   7.34%
09:00 EUR Italian CPI (YoY) (Apr) 1.1% 1.1% 0.8%
09:00 EUR Italian CPI (MoM) (Apr) 0.4% 0.4% 0.3%
09:00 EUR Italian CPI Ex Tobacco (MoM) (Apr) 1.2%   0.7%
09:00 EUR Italian HICP (MoM) (Apr) 0.9% 0.9% 1.8%
09:00 EUR Italian HICP (YoY) (Apr) 1.0% 1.0% 0.6%
09:00 EUR Spanish Trade Balance 411.90B   -1.08B
11:00 EUR Reserve Assets Total (Apr) 852.14B   849.49B
12:25 BRL BCB Focus Market Readout      
13:00 EUR ECB McCaul Speaks         
13:15 CAD Housing Starts (Apr) 268.6K 292.5K 334.8K
13:30 USD NY Empire State Manufacturing Index (May) 24.30 23.90 26.30
13:30 CAD Foreign Securities Purchases (Mar) 3.25B   8.56B
13:30 CAD Foreign Securities Purchases by Canadians (Mar) 21.22B   13.12B
14:00 EUR French 12-Month BTF Auction -0.626%   -0.628%
14:00 EUR French 3-Month BTF Auction -0.626%   -0.636%
14:00 EUR French 6-Month BTF Auction -0.630%   -0.638%
15:00 USD NAHB Housing Market Index (May) 83 83 83
15:05 USD FOMC Member Clarida Speaks         
15:15 GBP MPC Member Tenreyro Speaks         
15:25 USD FOMC Member Bostic Speaks         
15:25 USD FOMC Member Clarida Speaks         
16:30 GBP MPC Member Vlieghe Speaks         
16:30 USD 3-Month Bill Auction 0.015%   0.015%
16:30 USD 6-Month Bill Auction 0.030%   0.035%
17:30 GBP BoE MPC Member Haldane Speaks         
21:00 USD US Foreign Buying, T-bonds (Mar) 118.90B   -65.50B
21:00 USD Overall Net Capital Flow (Mar) 146.40B   73.70B
21:00 USD TIC Net Long-Term Transactions (Mar) 262.2B   4.3B
21:00 USD TIC Net Long-Term Transactions including Swaps (Mar) 224.70B   -36.80B
GMT+1 Currency Event Actual Forecast Previous Imp.
00:50 JPY GDP (YoY) (Q1)   -5.1% -4.6% 11.6%
00:50 JPY GDP (QoQ) (Q1)   -1.3% -1.2% 2.8%
00:50 JPY GDP Capital Expenditure (QoQ) (Q1) -1.4% 1.1% 4.3%
00:50 JPY GDP External Demand (QoQ) (Q1) -0.2% -0.2% 1.0%
00:50 JPY GDP Price Index (YoY)   -0.2%   0.3%
00:50 JPY GDP Private Consumption (QoQ) (Q1) -1.4% -2.0% 2.2%
02:30 AUD RBA Meeting Minutes      
04:00 NZD RBNZ Offshore Holdings (Apr)     47.00%
05:30 JPY Tertiary Industry Activity Index (MoM)     0.3%
07:00 GBP Average Earnings ex Bonus (Mar)   4.6% 4.4%
07:00 GBP Average Earnings Index +Bonus (Mar)   4.5% 4.5%
07:00 GBP Claimant Count Change (Apr)     10.1K
07:00 GBP Employment Change 3M/3M (MoM) (Mar)   50K -73K
07:00 GBP Unemployment Rate (Mar)   4.9% 4.9%
07:00 NOK Trade Balance (Apr)     25.4B
09:00 EUR Italian Trade Balance (Mar)     4.754B
09:00 EUR Italian Trade Balance EU (Mar)     0.61B
10:00 EUR Employment Change (QoQ)       0.3%
10:00 EUR Employment Overall (Q1)     157,947.8K
10:00 EUR GDP (YoY) (Q1)     -1.8% -1.8%
10:00 EUR GDP (QoQ) (Q1)     -0.6% -0.6%
10:00 EUR Trade Balance (Mar)     17.7B
10:30 ZAR Business Confidence (Apr)     94.0
10:40 EUR German 2-Year Schatz Auction     -0.690%
11:45 GBP 20-Year Treasury Gilt Auction     1.970%
13:30 USD Building Permits (MoM) (Apr)     2.3%
13:30 USD Building Permits (Apr)   1.770M 1.759M
13:30 USD Housing Starts (MoM) (Apr)     19.4%
13:30 USD Housing Starts (Apr)   1.710M 1.739M
13:55 USD Redbook (YoY)     13.3%
16:05 CHF SNB Board Member Jordan Speaks         
16:30 NZD GlobalDairyTrade Price Index     -0.7%
17:30 USD FOMC Member Bostic Speaks         
18:00 USD 52-Week Bill Auction     0.065%
21:30 USD API Weekly Crude Oil Stock     -2.533M
23:45 NZD PPI Input (QoQ) (Q1)     0.6%
23:45 NZD PPI Output (QoQ) (Q1)     0.4%
GMT+1 Currency Event Actual Forecast Previous Imp.
02:00 AUD Westpac Consumer Sentiment (May)     6.2%
02:30 AUD Wage Price Index (QoQ) (Q1)   0.5% 0.6%
02:30 AUD Wage Price Index (YoY) (Q1)   1.4% 1.4%
05:30 JPY Capacity Utilization (MoM) (Mar)     -2.8%
05:30 JPY Industrial Production (MoM) (Mar)     2.2%
07:00 GBP Car Registration (MoM) (Apr)     453.4%
07:00 GBP Car Registration (YoY) (Apr)     11.5%
07:00 GBP Core CPI (YoY) (Apr)   1.3% 1.1%
07:00 GBP Core CPI MoM (MoM) (Apr)   0.4% 0.4%
07:00 GBP Core PPI Output (YoY) (Apr)     1.7%
07:00 GBP Core PPI Output (MoM) (Apr)     0.4%
07:00 GBP Core RPI (MoM) (Apr)     0.3%
07:00 GBP Core RPI (YoY) (Apr)     1.6%
07:00 GBP CPI (MoM) (Apr)   0.6% 0.3%
07:00 GBP CPI (YoY) (Apr)   1.4% 0.7%
07:00 GBP CPI, n.s.a (Apr)     109.40
07:00 GBP PPI Input (MoM) (Apr)   1.1% 1.3%
07:00 GBP PPI Input (YoY) (Apr)   4.4% 5.9%
07:00 GBP PPI Output (YoY) (Apr)   3.5% 1.9%
07:00 GBP PPI Output (MoM) (Apr)   0.4% 0.5%
07:00 GBP RPI (MoM) (Apr)   0.8% 0.3%
07:00 GBP RPI (YoY) (Apr)   2.4% 1.5%
07:00 EUR Italian Car Registration (YoY) (Apr)     497.2%
07:00 EUR Italian Car Registration (MoM) (Apr)     18.7%
07:00 EUR German Car Registration (YoY) (Apr)     35.9%
07:00 EUR German Car Registration (MoM) (Apr)     50.4%
07:00 EUR French Car Registration (YoY) (Apr)     191.7%
07:00 EUR French Car Registration (MoM) (Apr)     37.8%
09:00 EUR ECB Financial Stability Review      
09:00 ZAR Core CPI (MoM) (Apr)   0.1% 0.5%
09:00 ZAR Core CPI (YoY) (Apr)   2.8% 2.5%
09:00 ZAR CPI (MoM) (Apr)   0.5% 0.7%
09:00 ZAR CPI (YoY) (Apr)   4.3% 3.2%
10:00 EUR Core CPI (MoM) (Apr)   0.6% 0.6%
10:00 EUR Core CPI (YoY) (Apr)   0.8% 0.8%
10:00 EUR CPI (YoY) (Apr)   1.6% 1.6%
10:00 EUR CPI (MoM) (Apr)   0.6% 0.9%
10:00 EUR CPI ex Tobacco (MoM) (Apr)     0.9%
10:00 EUR CPI ex Tobacco (YoY) (Apr)     1.3%
10:00 EUR HICP ex Energy & Food (YoY) (Apr)   0.8% 0.8%
10:00 EUR HICP ex Energy and Food (MoM) (Apr)   0.5% 0.8%
10:40 EUR German 10-Year Bund Auction     -0.250%
12:00 USD MBA 30-Year Mortgage Rate     3.11%
12:00 USD MBA Mortgage Applications (WoW)     2.1%
12:00 USD MBA Purchase Index     276.7
12:00 USD Mortgage Market Index     715.3
12:00 USD Mortgage Refinance Index     3,281.0
12:00 ZAR Retail Sales (YoY) (Mar)   1.9% 2.3%
12:30 INR M3 Money Supply     10.6%
13:30 CAD Core CPI (MoM) (Apr)     0.3%
13:30 CAD Core CPI (YoY) (Apr)     1.4%
13:30 CAD CPI (YoY) (Apr)   3.2% 2.2%
13:30 CAD CPI (MoM) (Apr)   0.4% 0.5%
13:30 CAD Median CPI (YoY)     2.1%
13:30 CAD Trimmed CPI (YoY)     2.2%
15:30 USD Crude Oil Inventories   1.680M -0.427M
15:30 USD EIA Refinery Crude Runs (WoW)     -0.223M
15:30 USD Crude Oil Imports     2.363M
15:30 USD Cushing Crude Oil Inventories     -0.421M
15:30 USD Distillate Fuel Production     0.157M
15:30 USD EIA Weekly Distillates Stocks   -0.300M -1.733M
15:30 USD Gasoline Production     0.442M
15:30 USD Heating Oil Stockpiles     -0.315M
15:30 USD EIA Weekly Refinery Utilization Rates (WoW)   -0.7% -0.4%
15:30 USD Gasoline Inventories   -0.800M 0.378M
16:35 USD FOMC Member Bostic Speaks         
18:00 USD 20-Year Bond Auction     2.144%
19:00 USD FOMC Meeting Minutes      
19:00 USD FOMC Meeting Minutes      
GMT+1 Currency Event Actual Forecast Previous Imp.
00:00 JPY Reuters Tankan Index (May)     13
00:50 JPY Core Machinery Orders (YoY) (Mar)   -2.6% -7.1%
00:50 JPY Core Machinery Orders (MoM) (Mar)   6.4% -8.5%
00:50 JPY Exports (YoY) (Apr)   30.9% 16.1%
00:50 JPY Foreign Bonds Buying     -73.6B
00:50 JPY Foreign Investments in Japanese Stocks     144.8B
00:50 JPY Imports (YoY) (Apr)   8.8% 5.8%
00:50 JPY Trade Balance (Apr)   140.0B 662.2B
02:00 AUD MI Inflation Expectations     3.2%
02:00 NZD Budget Balance (Aug)     -40.177B
02:00 NZD Net Debt Forecast (Aug)     39.70%
02:00 NZD Economic Forecast (Aug)     -21.576B
02:30 AUD Employment Change (Apr)   15.0K 70.7K
02:30 AUD Full Employment Change (Apr)     -20.8K
02:30 AUD Participation Rate (Apr)   66.3% 66.3%
02:30 AUD Unemployment Rate (Apr)   5.6% 5.6%
02:30 CNY PBoC Loan Prime Rate     3.85%
03:00 NZD Annual Budget Release      
05:00 IDR Export Growth (YoY) (Apr)   11.74% 30.47%
05:00 IDR Import Growth (YoY) (Apr)   6.00% 25.73%
05:00 IDR Trade Balance (Apr)   1.64B 1.56B
07:00 EUR German PPI (MoM) (Apr)   0.8% 0.9%
07:00 EUR German PPI (YoY) (Apr)   5.1% 3.7%
09:30 HKD Unemployment Rate (Apr)     6.8%
10:00 EUR French 3-Year BTAN Auction     -0.61%
10:00 EUR French 5-Year BTAN Auction     -0.36%
10:00 EUR Spanish 10-Year Obligacion Auction     0.433%
10:00 EUR Spanish 3-Year Bonos Auction     -0.411%
10:00 EUR Spanish 5-Year Bonos Auction     -0.240%
10:00 EUR Construction Output (MoM) (Mar)     -2.12%
10:00 EUR Current Account (Mar)     25.9B
10:00 EUR Current Account n.s.a. (Mar)     13.3B
11:00 GBP CBI Industrial Trends Orders (May)     -8
11:00 IDR Motorbike Sales (YoY) (Apr)     -7.20%
13:30 USD Continuing Jobless Claims   3,640K 3,655K
13:30 USD Initial Jobless Claims   450K 473K
13:30 USD Jobless Claims 4-Week Avg.     534.00K
13:30 USD Philadelphia Fed Manufacturing Index (May)   43.0 50.2
13:30 USD Philly Fed Business Conditions (May)     66.6
13:30 USD Philly Fed CAPEX Index (May)     36.70
13:30 USD Philly Fed Employment (May)     30.8
13:30 USD Philly Fed New Orders (May)     36.0
13:30 USD Philly Fed Prices Paid (May)     69.10
13:30 CAD ADP Nonfarm Employment Change     634.8K
13:30 CAD New Housing Price Index (MoM) (Apr)     1.1%
14:00 ZAR Interest Rate Decision (May)   3.50% 3.50%
14:00 ZAR Prime Rate (May)     7.00%
15:00 USD US Leading Index (MoM) (Apr)   1.4% 1.3%
15:30 USD Natural Gas Storage   76B 71B
16:30 USD 4-Week Bill Auction     0.000%
16:30 USD 8-Week Bill Auction     0.010%
18:00 USD 10-Year TIPS Auction     -0.580%
22:00 KRW PPI (YoY) (Apr)     3.9%
22:00 KRW PPI (MoM) (Apr)     0.9%
GMT+1 Currency Event Actual Forecast Previous Imp.
00:00 AUD Manufacturing PMI       59.7
00:00 AUD Services PMI       58.8
00:01 GBP GfK Consumer Confidence (May)   -12 -15
00:30 JPY CPI, n.s.a (MoM) (Apr)     0.2%
00:30 JPY National Core CPI (YoY) (Apr)   -0.2% -0.1%
00:30 JPY National CPI (YoY) (Apr)     -0.2%
01:30 JPY Manufacturing PMI (May)       53.6
01:30 JPY Services PMI       49.5
02:00 NZD Credit Card Spending (YoY)     2.2%
07:00 GBP Core Retail Sales (YoY) (Apr)   31.7% 7.9%
07:00 GBP Core Retail Sales (MoM) (Apr)   4.2% 4.9%
07:00 GBP Retail Sales (YoY) (Apr)   36.8% 7.2%
07:00 GBP Retail Sales (MoM) (Apr)   4.5% 5.4%
07:30 HKD CPI (YoY) (Apr)     0.50%
08:15 EUR French Manufacturing PMI (May)     58.5 58.9
08:15 EUR French Markit Composite PMI (May)     53.7 51.6
08:15 EUR French Services PMI (May)     53.0 50.3
08:30 EUR German Composite PMI (May)     57.1 55.8
08:30 EUR German Manufacturing PMI (May)     65.9 66.2
08:30 EUR German Services PMI (May)     52.0 49.9
09:00 EUR Italian Industrial Sales (MoM) (Mar)     0.20%
09:00 EUR Italian Industrial Sales (YoY) (Mar)     0.90%
09:00 EUR Manufacturing PMI (May)     62.5 62.9
09:00 EUR Markit Composite PMI (May)     55.1 53.8
09:00 EUR Services PMI (May)     52.3 50.5
09:30 GBP Composite PMI (May)     60.0 60.0
09:30 GBP Manufacturing PMI (May)     60.7 60.7
09:30 GBP Services PMI (May)     60.1 60.1
12:00 MXN Retail Sales (YoY) (Mar)   0.9% -6.3%
12:00 MXN Retail Sales (MoM) (Mar)   1.6% 1.6%
12:30 INR Bank Loan Growth     5.7%
12:30 INR Deposit Growth     10.3%
12:30 INR FX Reserves, USD     589.47B
13:30 CAD Core Retail Sales (MoM) (Mar)   2.2% 4.8%
13:30 CAD Retail Sales (MoM) (Mar)   2.3% 4.8%
14:30 BRL Federal Tax Revenue     137.93B
14:45 USD Manufacturing PMI (May)     60.2 60.5
14:45 USD Markit Composite PMI (May)       63.5
14:45 USD Services PMI (May)     64.5 64.7
15:00 USD Existing Home Sales (Apr)   6.09M 6.01M
15:00 USD Existing Home Sales (MoM) (Apr)   2.0% -3.7%
15:00 EUR Consumer Confidence (May)     -6.8 -8.1
18:00 USD U.S. Baker Hughes Oil Rig Count     344
18:00 USD U.S. Baker Hughes Total Rig Count     448
20:30 GBP CFTC GBP speculative net positions     28.2K
20:30 USD CFTC Aluminium speculative net positions     3.2K
20:30 USD CFTC Copper speculative net positions     45.8K
20:30 USD CFTC Corn speculative net positions     500.9K
20:30 USD CFTC Crude Oil speculative net positions     496.6K
20:30 USD CFTC Gold speculative net positions     192.3K
20:30 USD CFTC Nasdaq 100 speculative net positions     -6.0K
20:30 USD CFTC Natural Gas speculative net positions     -65.5K
20:30 USD CFTC S&P 500 speculative net positions     -36.8K
20:30 USD CFTC Silver speculative net positions     52.8K
20:30 USD CFTC Soybeans speculative net positions     245.9K
20:30 USD CFTC Wheat speculative net positions     24.3K
20:30 CAD CFTC CAD speculative net positions     38.6K
20:30 MXN CFTC MXN speculative net positions     -8.5K
20:30 CHF CFTC CHF speculative net positions     -2.9K
20:30 AUD CFTC AUD speculative net positions     2.4K
20:30 BRL CFTC BRL speculative net positions     2.5K
20:30 JPY CFTC JPY speculative net positions     -41.7K
20:30 NZD CFTC NZD speculative net positions     9.3K
20:30 EUR CFTC EUR speculative net positions     93.9K

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

ICM Capital offers leverage of 1:30 to retail clients. 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. 69.76% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs and Spot FX work, and whether you can afford to take the high risk of losing your money. Read More
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