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.
10:30 EUR ECB President Lagarde Speaks         
23:45 NZD External Migration & Visitors (Jul) -98.50%   -98.40%
23:45 NZD Permanent/Long-Term Migration (Jul) -26   341
23:45 NZD Visitor Arrivals (MoM) 8.8%   60.8%
GMT+1 Currency Event Actual Forecast Previous Imp.
00:00 JPY Reuters Tankan Index (Sep) -29   -33
02:30 CNY House Prices (YoY) (Aug) 4.8%   4.8%
05:30 JPY Capacity Utilization (MoM) (Jul) 9.6%   6.2%
05:30 JPY Industrial Production (MoM) (Jul) 8.7% 8.0% 1.9%
05:30 JPY Tertiary Industry Activity Index (MoM) -0.5% 0.6% 7.9%
07:30 INR WPI Food (YoY) (Aug) 3.84%   4.08%
07:30 INR WPI Fuel (YoY) (Aug) -9.68%   -9.84%
07:30 INR WPI Inflation (YoY) (Aug) 0.16% -0.27% -0.58%
07:30 INR WPI Manufacturing Inflation (YoY) (Aug) 1.27%   0.51%
08:00 SGD Unemployment Rate (Q2) 2.8% 2.9% 2.9%
10:00 EUR Industrial Production (MoM) (Jul) 4.1% 4.0% 9.5%
10:00 EUR Industrial Production (YoY) (Jul) -7.7% -8.2% -12.0%
12:00 USD OPEC Monthly Report      
12:25 BRL BCB Focus Market Readout      
13:00 INR CPI (YoY) (Aug) 6.69% 6.85% 6.73%
13:00 BRL IBC-Br Economic Activity (Jul) 2.15% 3.40% 5.32%
14:00 EUR French 12-Month BTF Auction -0.573%   -0.575%
14:00 EUR French 3-Month BTF Auction -0.574%   -0.569%
14:00 EUR French 6-Month BTF Auction -0.576%   -0.577%
14:30 EUR ECB's Lane Speaks         
16:30 USD 3-Month Bill Auction 0.110%   0.115%
16:30 USD 6-Month Bill Auction 0.120%   0.105%
22:00 KRW Export Price Index (YoY) (Aug) -6.8%   -5.3%
22:00 KRW Import Price Index (YoY) (Aug) -10.5%   -8.9%
22:00 NZD Westpac Consumer Sentiment (Q3) 95.1   97.2
GMT+1 Currency Event Actual Forecast Previous Imp.
02:30 AUD House Price Index (QoQ) (Q2) -1.8% -1.0% 1.6%
02:30 AUD RBA Meeting Minutes      
03:00 KRW Exports (YoY) (Aug)   -10.1%   -9.9%
03:00 KRW Imports (YoY) (Aug)   -15.8%   -16.3%
03:00 KRW Trade Balance (Aug)   3.84B   4.12B
03:00 CNY Fixed Asset Investment (YoY) (Aug) -0.3% -0.4% -1.6%
03:00 CNY Industrial Production (YoY) (Aug) 5.6% 5.1% 4.8%
03:00 CNY Chinese Industrial Production YTD (YoY) (Aug) 0.4%   -0.4%
03:00 CNY Retail Sales (YoY) (Aug) 0.5% 0.1% -1.1%
03:00 CNY Chinese Retail Sales YTD (YoY) (Aug) -9.21%   -10.44%
03:00 CNY Chinese Unemployment Rate 5.6%   5.7%
03:00 CNY NBS Press Conference         
05:08 IDR Export Growth (YoY) (Aug) -8.36% -5.79% -9.90%
05:20 IDR Import Growth (YoY) (Aug) -24.19% -20.58% -32.55%
05:20 IDR Trade Balance (Aug) 2.33B 2.16B 3.26B
07:00 GBP Average Earnings ex Bonus (Jul) 0.2% -0.2% -0.2%
07:00 GBP Average Earnings Index +Bonus (Jul) -1.0% -1.3% -1.2%
07:00 GBP Claimant Count Change (Aug) 73.7K 100.0K 69.9K
07:00 GBP Employment Change 3M/3M (MoM) (Jul) -12K -125K -220K
07:00 GBP Unemployment Rate (Jul) 4.1% 4.1% 3.9%
07:00 NOK Trade Balance (Aug) -2.9B   -1.8B
07:30 CHF PPI (YoY) (Aug) -3.5%   -3.3%
07:30 CHF PPI (MoM) (Aug) -0.4%   0.1%
07:45 EUR French CPI (MoM) (Aug) -0.1% -0.1% 0.4%
07:45 EUR French CPI (YoY) 0.2% 0.2% 0.8%
07:45 EUR French HICP (MoM) (Aug) -0.1% -0.1% -0.1%
07:45 EUR French HICP (YoY) (Aug) 0.2% 0.2% 0.9%
08:00 EUR German Buba Mauderer Speaks         
08:15 EUR ECB's Panetta Speaks         
09:00 USD IEA Monthly Report      
09:00 EUR Italian CPI (MoM) (Aug) 0.3% 0.3% -0.2%
09:00 EUR Italian CPI (YoY) (Aug) -0.5% -0.5% -0.4%
09:00 EUR Italian CPI Ex Tobacco (MoM) (Aug) -0.7%   -0.4%
09:00 EUR Italian HICP (MoM) (Aug) -1.3% -1.3% -1.3%
09:00 EUR Italian HICP (YoY) (Aug) -0.5% -0.5% -0.5%
09:00 NOK Norges Bank regional network Survey 0.19   0.08
10:00 EUR German ZEW Current Conditions (Sep) -66.2 -72.0 -81.3
10:00 EUR German ZEW Economic Sentiment (Sep) 77.4 69.8 71.5
10:00 EUR Spanish 3-Month Letras Auction -0.505%   -0.516%
10:00 EUR Wages in euro zone (YoY) (Q2) 5.20%   3.90%
10:00 EUR Labor Cost Index (YoY) (Q2) 4.20%   3.70%
10:00 EUR ZEW Economic Sentiment (Sep) 73.9   64.0
10:45 IDR Car Sales (YoY) -58.80%   -71.70%
11:00 EUR Reserve Assets Total (Aug) 915.08B   923.07B
13:21 INR Exports (USD) (Aug) 22.70B   23.64B
13:21 INR Imports (USD) (Aug) 29.47B   28.47B
13:21 INR Trade Balance (Aug) -6.77B -6.75B -4.83B
13:30 USD Export Price Index (YoY) -2.8%   -3.8%
13:30 USD Export Price Index (MoM) (Aug) 0.5% 0.4% 0.9%
13:30 USD Import Price Index (MoM) (Aug) 0.9% 0.5% 1.2%
13:30 USD Import Price Index (YoY) -1.4%   -3.3%
13:30 USD NY Empire State Manufacturing Index (Sep) 17.00 6.00 3.70
13:30 CAD Manufacturing Sales (MoM) (Jul) 7.0% 8.7% 23.0%
13:55 USD Redbook (YoY) -1.2%   -0.1%
13:55 USD Redbook (MoM) -1.6%   -1.0%
14:15 USD Capacity Utilization Rate (Aug) 71.4% 71.4% 71.1%
14:15 USD Industrial Production (MoM) (Aug) 0.4% 1.0% 3.5%
14:15 USD Industrial Production (YoY) (Aug) -7.73%   -7.42%
14:15 USD Manufacturing Production (MoM) (Aug) 1.0% 1.2% 3.9%
16:00 NZD GlobalDairyTrade Price Index 3.6%   -1.0%
18:00 USD 20-Year Bond Auction 1.213%   1.185%
21:30 USD API Weekly Crude Oil Stock -9.517M 2.049M 2.970M
23:45 NZD Current Account (YoY) (Q2) -5.77B -7.37B -8.51B
23:45 NZD Current Account (QoQ) (Q2) 1.83B 0.60B 1.56B
23:45 NZD Current Account % of GDP (Q2) -1.90% -2.50% -2.70%
GMT+1 Currency Event Actual Forecast Previous Imp.
00:50 JPY Adjusted Trade Balance 0.35T   0.04T
00:50 JPY Exports (YoY) (Aug) -14.8% -16.1% -19.2%
00:50 JPY Imports (YoY) (Aug) -20.8% -18.0% -22.3%
00:50 JPY Trade Balance (Aug) 248.3B -37.5B 10.9B
01:00 AUD HIA New Home Sales (MoM) -14.4%   64.4%
01:30 AUD MI Leading Index (MoM) 0.5%   0.1%
02:00 NZD Net Debt Forecast 27.60%   30.20%
02:00 NZD Economic Forecast -23.358B   -28.293B
07:00 GBP Core CPI (YoY) (Aug) 0.9% 0.6% 1.8%
07:00 GBP Core CPI MoM (MoM) (Aug) -0.6% -0.9% 0.4%
07:00 GBP Core PPI Output (MoM) (Aug) 0.1% 0.1% -0.1%
07:00 GBP Core PPI Output (YoY) (Aug) 0.0% 0.3% 0.1%
07:00 GBP Core RPI (MoM) (Aug) -0.3%   0.5%
07:00 GBP Core RPI (YoY) (Aug) 0.8%   1.9%
07:00 GBP CPI (MoM) (Aug) -0.4% -0.6% 0.4%
07:00 GBP CPI (YoY) (Aug) 0.2% 0.1% 1.0%
07:00 GBP CPI, n.s.a (Aug) 108.60   109.10
07:00 GBP PPI Input (YoY) (Aug) -5.8% -4.9% -5.7%
07:00 GBP PPI Input (MoM) (Aug) -0.4% 0.3% 1.8%
07:00 GBP PPI Output (YoY) (Aug) -0.9% -0.7% -0.9%
07:00 GBP PPI Output (MoM) (Aug) 0.0% 0.2% 0.3%
07:00 GBP RPI (YoY) (Aug) 0.5% 0.6% 1.6%
07:00 GBP RPI (MoM) (Aug) -0.3% -0.3% 0.5%
09:30 GBP House Price Index (YoY) 3.4%   1.1%
10:00 EUR Trade Balance (Jul) 27.9B 12.6B 20.2B
10:40 EUR German 30-Year Bund Auction -0.070%   -0.050%
12:00 USD MBA 30-Year Mortgage Rate 3.07%   3.07%
12:00 USD MBA Mortgage Applications (WoW) -2.5%   2.9%
12:00 USD MBA Purchase Index 316.2   317.7
12:00 USD Mortgage Market Index 757.2   776.7
12:00 USD Mortgage Refinance Index 3,289.4   3,415.1
12:00 EUR ECB's Lane Speaks         
12:00 ZAR Retail Sales (YoY) (Jul) -9.0% -5.0% -7.2%
13:30 USD Core Retail Sales (MoM) (Aug) 0.7% 0.9% 1.3%
13:30 USD Retail Control (MoM) (Aug) -0.1% 0.5% 0.9%
13:30 USD Retail Sales (YoY) (Aug) 2.57%   2.44%
13:30 USD Retail Sales (MoM) (Aug) 0.6% 1.0% 0.9%
13:30 USD Retail Sales Ex Gas/Autos (MoM) (Aug) 0.7%   1.1%
13:30 CAD Common CPI (YoY) 1.5% 1.4% 1.3%
13:30 CAD Core CPI (YoY) (Aug) 0.8% 0.9% 0.7%
13:30 CAD Core CPI (MoM) (Aug) 0.0% -0.2% -0.1%
13:30 CAD CPI (MoM) (Aug) -0.1% 0.1% 0.0%
13:30 CAD CPI (YoY) (Aug) 0.1% 0.4% 0.1%
13:30 CAD Foreign Securities Purchases (Jul) -8.52B 10.50B -14.13B
13:30 CAD Foreign Securities Purchases by Canadians (Jul) 1.29B   10.62B
13:30 CAD Median CPI (YoY) 1.9% 1.9% 1.9%
13:30 CAD Trimmed CPI (YoY) 1.7% 1.8% 1.7%
14:00 EUR ECB Hakkarainen Speaks         
14:30 USD Seevol Cushing Storage Report 2.242M   0.391M
15:00 USD Business Inventories (MoM) (Jul) 0.1% 0.1% -1.1%
15:00 USD NAHB Housing Market Index (Sep) 83 78 78
15:00 USD Retail Inventories Ex Auto (Jul) 0.6%   0.6%
15:30 USD Crude Oil Inventories -4.389M 1.271M 2.032M
15:30 USD EIA Refinery Crude Runs (WoW) 0.709M   -1.089M
15:30 USD Crude Oil Imports -0.066M   0.581M
15:30 USD Cushing Crude Oil Inventories -0.074M 2.242M 1.838M
15:30 USD Distillate Fuel Production 0.005M   -0.381M
15:30 USD EIA Weekly Distillates Stocks 3.461M 0.600M -1.675M
15:30 USD Gasoline Production -0.111M   -0.604M
15:30 USD Heating Oil Stockpiles 0.495M   -0.551M
15:30 USD EIA Weekly Refinery Utilization Rates (WoW) 4.0% 1.8% -4.9%
15:30 USD Gasoline Inventories -0.381M -0.160M -2.954M
18:30 BRL Foreign Exchange Flows -0.568B   -0.657B
19:00 USD Interest Rate Projection - 1st Yr (Q3) 0.10   0.10
19:00 USD Interest Rate Projection - 2nd Yr (Q3) 0.1   0.1
19:00 USD Interest Rate Projection - 3rd Yr (Q3) 0.1   2.1
19:00 USD Interest Rate Projection - Current (Q3) 0.1   0.1
19:00 USD Interest Rate Projection - Longer (Q3) 2.5   2.5
19:00 USD FOMC Economic Projections         
19:00 USD FOMC Statement      
19:00 USD Fed Interest Rate Decision 0.25% 0.25% 0.25%
19:30 USD FOMC Press Conference         
21:00 USD US Foreign Buying, T-bonds (Jul) -22.80B   28.90B
21:00 USD Overall Net Capital Flow (Jul) -88.70B   -69.80B
21:00 USD TIC Net Long-Term Transactions (Jul) 10.8B   113.0B
21:00 USD TIC Net Long-Term Transactions including Swaps (Jul) -29.00B   70.60B
22:00 BRL Interest Rate Decision 2.00% 2.00% 2.00%
23:45 NZD GDP (QoQ) (Q2) -12.2% -12.8% -1.4%
23:45 NZD GDP (YoY) (Q2) -12.4% -13.3% -0.1%
23:45 NZD GDP Annual Average (Q2) -2.0% -2.3% 1.5%
23:45 NZD GDP Expenditure (QoQ) (Q2) -9.8% -13.0% -1.3%
GMT+1 Currency Event Actual Forecast Previous Imp.
00:50 JPY Foreign Bonds Buying 300.1B   377.7B
00:50 JPY Foreign Investments in Japanese Stocks -896.0B   11.5B
01:30 SGD Non-Oil Exports (YoY) (Aug) 7.70% 3.70% 5.90%
01:30 SGD Non-Oil Exports (MoM) (Aug) 10.50% 0.90% 1.20%
01:30 SGD Trade Balance 5.800B   3.300B
02:30 AUD Employment Change (Aug) 111.0K -50.0K 114.7K
02:30 AUD Full Employment Change (Aug) 36.2K   43.5K
02:30 AUD Participation Rate (Aug) 64.8% 64.7% 64.7%
02:30 AUD RBA Bulletin      
02:30 AUD Unemployment Rate (Aug) 6.8% 7.7% 7.5%
04:00 NZD RBNZ Offshore Holdings (Aug) 41.90%   43.30%
05:30 JPY BoJ Monetary Policy Statement      
06:15 JPY BoJ Interest Rate Decision -0.10% -0.10% -0.10%
07:00 GBP Car Registration (MoM) (Aug) -50.1%   618.0%
07:00 GBP Car Registration (YoY) (Aug) -5.8%   -34.9%
07:00 EUR Italian Car Registration (MoM) (Aug) -35.0%   32.8%
07:00 EUR Italian Car Registration (YoY) (Aug) -0.4%   -23.1%
07:00 CHF Trade Balance (Aug) 3.583B   3.341B
07:00 EUR German Car Registration (YoY) (Aug) -20.0%   -32.3%
07:00 EUR German Car Registration (MoM) (Aug) -20.3%   31.0%
07:00 EUR French Car Registration (MoM) (Aug) -42.1%   142.8%
07:00 EUR French Car Registration (YoY) (Aug) -19.8%   1.2%
08:00 JPY BoJ Press Conference         
08:23 IDR Loans (YoY) (Aug) 1.04%   1.53%
08:28 IDR Deposit Facility Rate (Sep) 3.25% 3.25% 3.25%
08:28 IDR Lending Facility Rate (Sep) 4.75% 4.75% 4.75%
08:30 IDR Interest Rate Decision 4.00% 4.00% 4.00%
09:00 EUR Italian Trade Balance (Jul) 9.694B   6.228B
09:00 EUR Italian Trade Balance EU (Jul) 3.01B   1.55B
09:00 EUR ECB's De Guindos Speaks         
09:30 HKD Unemployment Rate (Aug) 6.1%   6.1%
10:00 EUR French 3-Year BTAN Auction -0.64%   -0.58%
10:00 EUR French 5-Year BTAN Auction -0.53%   -0.45%
10:00 EUR Construction Output (MoM) (Jul) 0.19%   5.14%
10:00 EUR Core CPI (YoY) (Aug) 0.4% 0.4% 1.2%
10:00 EUR Core CPI (MoM) (Aug) -0.6% -0.5% -0.3%
10:00 EUR CPI (YoY) (Aug) -0.2% -0.2% 0.4%
10:00 EUR CPI (MoM) (Aug) -0.4% -0.4% -0.4%
10:00 EUR CPI ex Tobacco (YoY) (Aug) -0.3%   0.2%
10:00 EUR CPI ex Tobacco (MoM) (Aug) -0.4%   -0.4%
10:00 EUR HICP ex Energy & Food (YoY) (Aug) 0.6% 0.6% 1.3%
10:00 EUR HICP ex Energy and Food (MoM) (Aug) -0.5% -0.4% -0.3%
10:40 EUR Spanish 3-Year Bonos Auction -0.449%   -0.392%
10:40 EUR Spanish 30-Year Obligacion Auction 1.091%   1.205%
12:00 GBP BoE MPC vote cut (Sep) 0 0 0
12:00 GBP BoE MPC vote hike (Sep) 0 0 0
12:00 GBP BoE MPC vote unchanged (Sep) 9 9 9
12:00 GBP BoE QE Total (Sep) 745B 745B 745B
12:00 GBP BoE Interest Rate Decision (Sep) 0.10% 0.10% 0.10%
12:00 GBP BoE MPC Meeting Minutes      
13:30 USD Building Permits (Aug) 1.470M 1.520M 1.483M
13:30 USD Building Permits (MoM) (Aug) -0.9%   17.9%
13:30 USD Continuing Jobless Claims 12,628K 13,000K 13,544K
13:30 USD Housing Starts (Aug) 1.416M 1.478M 1.492M
13:30 USD Housing Starts (MoM) (Aug) -5.1%   17.9%
13:30 USD Initial Jobless Claims 860K 850K 893K
13:30 USD Jobless Claims 4-Week Avg. 912.00K   973.00K
13:30 USD Philadelphia Fed Manufacturing Index (Sep) 15.0 15.0 17.2
13:30 USD Philly Fed Business Conditions (Sep) 56.6   38.8
13:30 USD Philly Fed CAPEX Index (Sep) 31.00   23.00
13:30 USD Philly Fed Employment (Sep) 15.7   9.0
13:30 USD Philly Fed New Orders (Sep) 25.5   19.0
13:30 USD Philly Fed Prices Paid (Sep) 25.10   15.30
13:30 CAD ADP Nonfarm Employment Change -205.4K   -523.0K
14:00 ZAR Interest Rate Decision (Sep) 3.50% 3.50% 3.50%
14:00 ZAR Prime Rate (Sep) 7.00%   7.00%
15:30 USD Natural Gas Storage 89B 79B 70B
16:30 USD 4-Week Bill Auction 0.080%   0.090%
16:30 USD 8-Week Bill Auction 0.095%   0.105%
18:00 USD 10-Year TIPS Auction -0.966%   -0.930%
GMT+1 Currency Event Actual Forecast Previous Imp.
00:30 JPY CPI, n.s.a (MoM) (Aug) 0.2%   0.1%
00:30 JPY National Core CPI (YoY) (Aug) -0.4% -0.4% 0.0%
00:30 JPY National CPI (YoY) (Aug) 0.2%   0.3%
07:00 GBP Core Retail Sales (MoM) (Aug) 0.6% 0.4% 2.1%
07:00 GBP Core Retail Sales (YoY) (Aug) 4.3% 4.2% 3.1%
07:00 GBP Retail Sales (YoY) (Aug) 2.8% 3.0% 1.4%
07:00 GBP Retail Sales (MoM) (Aug) 0.8% 0.7% 3.7%
07:00 EUR German PPI (MoM) (Aug) 0.0% -0.1% 0.2%
07:00 EUR German PPI (YoY) (Aug) -1.2% -1.4% -1.7%
09:00 EUR Italian Industrial New Orders (YoY) (Jul) -7.2%   -11.6%
09:00 EUR Italian Industrial New Orders (MoM) (Jul) 3.7%   23.7%
09:00 EUR Italian Industrial Sales (YoY) (Jul) -8.10%   -16.40%
09:00 EUR Italian Industrial Sales (MoM) (Jul) 8.10%   13.60%
09:00 EUR Current Account (Jul) 16.6B   20.7B
09:00 EUR Current Account n.s.a. (Jul) 25.5B   17.3B
10:15 EUR ECB's De Guindos Speaks         
12:30 INR FX Reserves, USD     542.01B
13:30 USD Current Account (Q2)   -157.9B -104.2B
13:30 CAD Core Retail Sales (MoM) (Jul)   0.5% 15.7%
13:30 CAD New Housing Price Index (MoM) (Aug)     0.4%
13:30 CAD Retail Sales (MoM) (Jul)   1.0% 23.7%
13:30 CAD Wholesale Sales (MoM) (Jul)   3.5% 18.5%
15:00 USD Michigan 5-Year Inflation Expectations (Sep)       2.70%
15:00 USD Michigan Consumer Expectations (Sep)     67.8 68.5
15:00 USD Michigan Consumer Sentiment (Sep)     75.0 74.1
15:00 USD Michigan Current Conditions (Sep)     83.9 82.9
15:00 USD Michigan Inflation Expectations (Sep)       3.1%
15:00 USD US Leading Index (MoM) (Aug)   1.3% 1.4%
15:00 EUR ECB's Schnabel Speaks         
18:00 USD U.S. Baker Hughes Oil Rig Count     180
18:00 USD U.S. Baker Hughes Total Rig Count     254
20:30 CHF CFTC CHF speculative net positions     11.5K
20:30 AUD CFTC AUD speculative net positions     -2.0K
20:30 JPY CFTC JPY speculative net positions     21.7K

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. 78.03% 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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