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.
17:45 EUR German Buba Mauderer Speaks         
GMT+1 Currency Event Actual Forecast Previous Imp.
00:50 JPY Corporate Services Price Index (CSPI) (YoY)     1.1%
02:30 CNY Chinese Industrial profit (YoY) (Aug)     16.40%
02:30 CNY Chinese Industrial profit YTD (Aug)     57.3%
04:04 IDR Motorbike Sales (YoY) (Aug)     28.90%
06:00 JPY Leading Index     104.1
09:00 EUR Italian Trade Balance Non-EU (Aug)     6.85B
09:00 EUR M3 Money Supply (YoY) (Aug)   7.8% 7.6%
09:00 EUR Loans to Non Financial Corporations (Aug)     1.7%
10:40 EUR German 12-Month Bubill Auction     -0.662%
12:00 MXN Economic Activity (YoY) (Jul)   8.50% 13.30%
12:00 MXN Economic Activity (MoM) (Jul)   -0.30% -0.90%
12:00 MXN Trade Balance (Aug)     -4.063B
12:00 MXN Trade Balance (USD) (Aug)     -2.549B
12:25 BRL BCB Focus Market Readout      
12:25 BRL BCB Focus Market Readout      
12:45 EUR ECB President Lagarde Speaks         
12:45 EUR ECB President Lagarde Speaks         
13:00 USD Chicago Fed President Evans Speaks         
13:00 USD Chicago Fed President Evans Speaks         
13:30 USD Core Durable Goods Orders (MoM) (Aug)   0.5% 0.8%
13:30 USD Durable Goods Orders (MoM) (Aug)   0.7% -0.1%
13:30 USD Durables Excluding Defense (MoM) (Aug)     -1.1%
13:30 USD Goods Orders Non Defense Ex Air (MoM) (Aug)   0.4% 0.1%
13:30 BRL Bank lending (MoM) (Aug)     1.2%
14:00 USD FOMC Member Williams Speaks         
14:00 EUR French 12-Month BTF Auction     -0.657%
14:00 EUR French 3-Month BTF Auction     -0.652%
14:00 EUR French 6-Month BTF Auction     -0.681%
15:30 USD Dallas Fed Mfg Business Index (Sep)     9.0
16:30 USD 3-Month Bill Auction     0.035%
16:30 USD 6-Month Bill Auction     0.045%
17:00 USD FOMC Member Williams Speaks         
17:15 USD FOMC Member Brainard Speaks         
18:00 USD 2-Year Note Auction     0.242%
18:00 USD 5-Year Note Auction     0.831%
19:00 GBP BoE Gov Bailey Speaks         
22:00 KRW Consumer Confidence (Sep)     102.5
GMT+1 Currency Event Actual Forecast Previous Imp.
00:50 JPY Monetary Policy Meeting Minutes      
02:30 AUD Retail Sales (MoM) (Aug)     -2.4%  
06:00 JPY 30-Year JGB Auction     0.653%
06:00 JPY BoJ Core CPI (YoY)     0.2%
07:00 EUR GfK German Consumer Climate (Oct)   -1.8 -1.2
07:00 NOK Core Retail Sales (MoM) (Aug)     -3.1%
07:45 EUR French Consumer Confidence (Sep)   100 99
09:30 HKD Exports (MoM) (Aug)     26.9%
09:30 HKD Imports (MoM) (Aug)     26.1%
10:45 EUR Italian 6-Month BOT Auction     -0.519%
11:45 GBP 30-Year Treasury Gilt Auction     0.972%
12:00 MXN Unemployment Rate (Aug)     4.10%
12:00 MXN Unemployment Rate n.s.a. (Aug)   4.40% 4.40%
12:00 BRL BCB Copom Meeting Minutes      
13:00 EUR ECB President Lagarde Speaks         
13:30 USD Goods Trade Balance (Aug)     -86.82B
13:30 USD Retail Inventories Ex Auto (Aug)     0.5%
13:30 USD Wholesale Inventories (MoM)       0.6%
13:55 USD Redbook (YoY)     17.1%
14:00 USD Chicago Fed President Evans Speaks         
14:00 USD House Price Index (YoY) (Jul)     18.8%
14:00 USD House Price Index (MoM) (Jul)     1.6%
14:00 USD House Price Index (Jul)     343.3
14:00 USD S&P/CS HPI Composite - 20 s.a. (MoM) (Jul)   1.6% 1.8%
14:00 USD S&P/CS HPI Composite - 20 n.s.a. (MoM) (Jul)     2.0%
14:00 USD S&P/CS HPI Composite - 20 n.s.a. (YoY) (Jul)   20.0% 19.1%
15:00 USD CB Consumer Confidence (Sep)   114.5 113.8
15:00 USD Richmond Manufacturing Index (Sep)     9
15:00 USD Richmond Manufacturing Shipments (Sep)     6
15:00 USD Richmond Services Index (Sep)     15
15:30 USD Dallas Fed Services Revenues (Sep)     16.5
15:30 USD Texas Services Sector Outlook (Sep)     5.4
18:00 USD 7-Year Note Auction     1.155%
20:00 USD FOMC Member Bostic Speaks         
21:30 USD API Weekly Crude Oil Stock     -6.108M
GMT+1 Currency Event Actual Forecast Previous Imp.
00:01 GBP BRC Shop Price Index (YoY)     -0.8%
07:00 GBP Nationwide HPI (YoY)     11.0%
07:00 GBP Nationwide HPI (MoM)     2.1%
07:00 EUR German Import Price Index (MoM) (Aug)   1.2% 2.2%
07:00 EUR German Import Price Index (YoY) (Aug)   16.1% 15.0%
07:00 EUR German Retail Sales (MoM) (Aug)   1.3% -5.1%
08:00 EUR Spanish CPI (YoY)       3.3%
08:00 EUR Spanish CPI (MoM)       0.5%
08:00 EUR Spanish HICP (YoY) (Sep)     3.3% 3.3%
08:00 EUR Spanish HICP (MoM)       0.4%
09:00 EUR Italian PPI (MoM) (Aug)     2.1%
09:00 EUR Italian PPI (YoY) (Aug)     10.4%
09:00 CHF ZEW Expectations (Sep)     -7.8
09:30 GBP BoE Consumer Credit (Aug)   0.294B -0.042B
09:30 GBP M4 Money Supply (MoM) (Aug)     0.1%
09:30 GBP Mortgage Approvals (Aug)   75.25K 75.15K
09:30 GBP Mortgage Lending (Aug)   3.55B -1.37B
10:00 EUR Business and Consumer Survey (Sep)   116.7 117.5
10:00 EUR Business Climate (Sep)     1.75
10:00 EUR Consumer Confidence (Sep)   -4.0 -4.0
10:00 EUR Consumer Inflation Expectation (Sep)     31.1
10:00 EUR Selling Price Expectations (Sep)     37.3
10:00 EUR Services Sentiment (Sep)   16.2 16.8
10:00 EUR Industrial Sentiment (Sep)   12.0 13.7
10:30 ZAR Business Confidence (Aug)     93.2
10:40 EUR German 10-Year Bund Auction     -0.380%
10:45 EUR Italian 10-Year BTP Auction     0.67%
10:45 EUR Italian 5-Year BTP Auction     -0.01%
12:00 USD MBA 30-Year Mortgage Rate     3.03%
12:00 USD MBA Mortgage Applications (WoW)     4.9%
12:00 USD MBA Purchase Index     283.9
12:00 USD Mortgage Market Index     742.7
12:00 USD Mortgage Refinance Index     3,391.1
12:00 EUR Spanish Business Confidence     0.1
12:00 BRL IGP-M Inflation Index (MoM) (Sep)   0.91% 0.66%
13:00 BRL Brazilian PPI (MoM) (Aug)     1.94%
13:30 CAD IPPI (MoM) (Aug)   0.1% -0.4%
13:30 CAD IPPI (YoY) (Aug)     15.4%
13:30 CAD RMPI (MoM) (Aug)     2.2%
13:30 CAD RMPI (YoY) (Aug)     37.7%
13:30 BRL Debt-to-GDP ratio (Aug)   60.6% 60.3%
13:30 BRL Budget Balance (Aug)     -55.403B
13:30 BRL Budget Surplus (Aug)   -6.650B -10.283B
14:00 CHF SNB Quarterly Bulletin      
15:00 USD Pending Home Sales (MoM) (Aug)   1.3% -1.8%
15:00 USD Pending Home Sales Index (Aug)     110.7
15:30 USD Crude Oil Inventories     -3.481M
15:30 USD EIA Refinery Crude Runs (WoW)     0.960M
15:30 USD Crude Oil Imports     0.519M
15:30 USD Cushing Crude Oil Inventories     -1.476M
15:30 USD Distillate Fuel Production     0.298M
15:30 USD EIA Weekly Distillates Stocks     -2.555M
15:30 USD Gasoline Production     0.372M
15:30 USD Heating Oil Stockpiles     0.167M
15:30 USD EIA Weekly Refinery Utilization Rates (WoW)   2.4% 5.4%
15:30 USD Gasoline Inventories   -1.067M 3.475M
16:45 GBP BoE Gov Bailey Speaks         
16:45 USD Fed Chair Powell Speaks         
16:45 JPY BoJ Governor Kuroda Speaks         
16:45 EUR ECB President Lagarde Speaks         
18:30 BRL Foreign Exchange Flows     1.984B
19:00 USD FOMC Member Bostic Speaks         
22:45 NZD Building Consents (MoM) (Aug)     2.1%
23:00 KRW Manufacturing BSI Index (Oct)     94
GMT+1 Currency Event Actual Forecast Previous Imp.
00:00 KRW Industrial Production (YoY) (Aug)   8.0% 7.9%
00:00 KRW Industrial Production (MoM) (Aug)   0.5% 0.4%
00:00 KRW Retail Sales (MoM)     -0.6%
00:00 KRW Service Sector Output (MoM) (Aug)     0.2%
00:49 JPY Foreign Bonds Buying     1,761.4B
00:49 JPY Foreign Investments in Japanese Stocks     128.7B
00:50 JPY Industrial Production (MoM) (Aug)     -0.5% -1.5%
00:50 JPY Industrial Production forecast 1m ahead (MoM) (Sep)     3.4%
00:50 JPY Industrial Production forecast 2m ahead (MoM) (Oct)     1.0%
00:50 JPY Retail Sales (YoY) (Aug)   -1.0% 2.4%
01:00 NZD ANZ Business Confidence (Sep)     -14.2
01:00 NZD NBNZ Own Activity (Sep)     19.2%
02:00 CNY Chinese Composite PMI (Sep)     48.9
02:00 CNY Manufacturing PMI (Sep)   50.2 50.1
02:00 CNY Non-Manufacturing PMI (Sep)     47.5
02:30 AUD Building Approvals (MoM) (Aug)   -5.0% -8.6%
02:30 AUD Housing Credit (Aug)     0.6%
02:30 AUD Private House Approvals (Aug)     -5.8%
02:30 AUD Private Sector Credit (MoM) (Aug)     0.7%
02:45 CNY Caixin Manufacturing PMI (Sep)   49.6 49.2
03:00 SGD Bank Lending     788.5B
04:04 INR Foreign Debt (USD) (Q2)     570.0B
06:00 JPY Construction Orders (YoY) (Aug)     -3.4%
06:00 JPY Housing Starts (YoY) (Aug)   9.5% 9.9%
07:00 GBP Business Investment (YoY) (Q2)     9.7%
07:00 GBP Business Investment (QoQ) (Q2)     2.4%
07:00 GBP Current Account (Q2)   -16.0B -12.8B
07:00 GBP GDP (YoY) (Q2)   22.2% 22.2%
07:00 GBP GDP (QoQ) (Q2)   4.8% 4.8%
07:00 GBP Nationwide HPI (YoY) (Sep)     11.0%
07:00 GBP Nationwide HPI (MoM) (Sep)   0.6% 2.1%
07:00 EUR German Import Price Index (MoM) (Aug)   0.8% 2.2%
07:00 EUR German Import Price Index (YoY) (Aug)   13.7% 15.0%
07:00 EUR German Unemployment Rate (Sep)   5.5% 5.5%
07:00 EUR German Unemployment (Sep)     2.538M
07:00 EUR German Unemployment n.s.a. (Sep)     2.578M
07:00 NOK Credit Indicator (YoY) (Aug)     5.3%
07:00 ZAR M3 Money Supply (YoY) (Aug)     1.93%
07:00 ZAR Private Sector Credit (Aug)   -0.70% 0.61%
07:45 EUR French Consumer Spending (MoM) (Aug)     -2.2%
07:45 EUR French CPI (YoY)       1.9%
07:45 EUR French CPI (MoM)       0.6%
07:45 EUR French HICP (YoY)       2.4%
07:45 EUR French HICP (MoM)       0.7%
07:45 EUR French PPI (MoM) (Aug)     1.3%
08:00 CHF KOF Leading Indicators (Sep)   110.5 113.5
08:00 EUR Spanish Retail Sales (YoY) (Aug)     0.1%
08:00 JPY BoJ Governor Kuroda Speaks         
08:55 EUR German Unemployment Change (Sep)   -35K -53K
09:00 EUR Italian Monthly Unemployment Rate (Aug)   9.7% 9.3%
09:00 EUR Spanish Current account (Jul)     0.28B
09:00 NOK Central Bank Currency Purchase (Oct)     -1,700.0M
09:30 HKD M3 Money Supply (Aug)     1.7%
09:30 HKD Retail Sales (YoY) (Aug)     2.9%
10:00 EUR Italian CPI (YoY) (Sep)     2.0% 2.0%
10:00 EUR Italian CPI (MoM) (Sep)     0.4% 0.4%
10:00 EUR Italian HICP (MoM) (Sep)     1.8% 0.2%
10:00 EUR Italian HICP (YoY) (Sep)     3.2% 2.5%
10:00 EUR Unemployment Rate (Aug)   7.5% 7.6%
10:30 ZAR PPI (MoM) (Aug)   0.6% 0.7%
10:30 ZAR PPI (YoY) (Aug)   7.0% 7.1%
11:00 INR Federal Fiscal Deficit (Aug)     3,211.43B
13:00 INR Infrastructure Output (YoY) (Aug)     9.4%
13:00 EUR German CPI (MoM) (Sep)     0.1% 0.9%
13:00 EUR German CPI (YoY) (Sep)     4.2% 3.9%
13:00 EUR German HICP (YoY) (Sep)     3.8% 3.4%
13:00 EUR German HICP (MoM) (Sep)     0.2% 0.1%
13:00 BRL Unemployment Rate     14.1%
13:00 ZAR Trade Balance (Aug)   45.00B 36.96B
13:30 USD Continuing Jobless Claims   2,800K 2,845K
13:30 USD Core PCE Prices (Q2)   6.10% 6.10%
13:30 USD Corporate Profits (QoQ) (Q2)     9.7%
13:30 USD GDP (QoQ) (Q2)   6.6% 6.6%
13:30 USD GDP Price Index (QoQ) (Q2)   6.1% 6.2%
13:30 USD GDP Sales (Q2)   9.5% 7.9%
13:30 USD Initial Jobless Claims   328K 351K
13:30 USD Jobless Claims 4-Week Avg.     335.75K
13:30 USD PCE Prices (Q2)   3.7% 6.5%
13:30 USD Real Consumer Spending (Q2)     11.9%
14:45 USD Chicago PMI (Sep)   65.0 66.8
15:00 USD FOMC Member Williams Speaks         
15:30 USD Natural Gas Storage   75B 76B
16:00 USD FOMC Member Bostic Speaks         
16:30 USD 4-Week Bill Auction     0.050%
16:30 USD 8-Week Bill Auction     0.035%
17:30 USD Chicago Fed President Evans Speaks         
18:30 BRL CAGED Net Payroll Jobs     316.60K
19:00 MXN Interest Rate Decision (Sep)   4.75% 4.50%
22:00 MXN Fiscal Balance (Aug)     -11.48B
23:30 AUD AIG Manufacturing Index (Sep)     51.6
GMT+1 Currency Event Actual Forecast Previous Imp.
00:00 AUD Manufacturing PMI     52.0
00:30 JPY Jobs/applications ratio (Aug)   1.14 1.15
00:30 JPY Unemployment Rate (Aug)   2.9% 2.8%
00:50 JPY BoJ Summary of Opinions      
00:50 JPY Tankan All Big Industry CAPEX (Q3)   9.1% 9.6%
00:50 JPY Tankan All Small Industry CAPEX (Q3)   1.6% 0.9%
00:50 JPY Tankan Big Manufacturing Outlook Index (Q3)   15 13
00:50 JPY Tankan Large Manufacturers Index (Q3)   13 14
00:50 JPY Tankan Large Non-Manufacturers Diffusion Index (Q3)   5 3
00:50 JPY Tankan Large Non-Manufacturers Index (Q3)   3 1
00:50 JPY Tankan Small Manufacturers Diffusion Index (Q3)   -6 -6
00:50 JPY Tankan Small Manufacturing Index (Q3)   -9 -7
00:50 JPY Tankan Small Non-Manufacturers Diffusion Index (Q3)   -9 -12
00:50 JPY Tankan Small Non-Manufacturing Index (Q3)   -11 -9
01:00 KRW Exports (YoY) (Sep)   17.5% 34.8%
01:00 KRW Imports (YoY) (Sep)   26.6% 44.0%
01:00 KRW Trade Balance (Sep)     1.65B
01:30 KRW Nikkei Manufacturing PMI (Sep)     51.2
01:30 AUD Home Loans (MoM)     -0.4%
01:30 JPY Manufacturing PMI (Sep)     51.2
01:30 IDR Nikkei Manufacturing PMI (Sep)     43.7
05:00 IDR Core Inflation (YoY) (Sep)   1.30% 1.31%
05:00 IDR Inflation (MoM) (Sep)     0.03%
05:00 IDR Inflation (YoY) (Sep)   1.68% 1.59%
06:00 INR Nikkei Markit Manufacturing PMI (Sep)   55.0 52.3
06:00 JPY Household Confidence (Sep)     36.7
07:00 EUR German Retail Sales (MoM) (Aug)   1.5% -5.1%
07:00 EUR German Retail Sales (YoY) (Aug)   1.5% -0.3%
07:30 AUD Commodity Prices (YoY)     50.3%
07:45 EUR French Government Budget Balance (Aug)     -166.6B
08:15 EUR Spanish Manufacturing PMI (Sep)   58.5 59.5
08:30 CHF procure.ch PMI (Sep)   65.5 67.7
08:45 EUR Italian Manufacturing PMI (Sep)   59.5 60.9
08:50 EUR French Manufacturing PMI (Sep)   55.2 55.2
08:55 EUR German Manufacturing PMI (Sep)   58.5 58.5
09:00 NOK Manufacturing PMI (Sep)     62.2
09:00 NOK Unemployment Change (Sep)     93.91K
09:00 NOK Unemployment Rate n.s.a. (Sep)   3.00% 2.70%
09:00 EUR Manufacturing PMI (Sep)   58.7 58.7
09:30 GBP Manufacturing PMI (Sep)   56.3 56.3
10:00 EUR Core CPI (MoM)       0.3%
10:00 EUR Core CPI (YoY)       1.6%
10:00 EUR CPI (YoY) (Sep)     3.3% 3.0%
10:00 EUR CPI (MoM)       0.4%
10:00 EUR CPI, n.s.a (Sep)       107.98
10:00 EUR HICP ex Energy & Food (YoY) (Sep)     1.8% 1.6%
10:00 ZAR Manufacturing PMI     57.9
12:30 INR FX Reserves, USD     639.64B
13:00 ZAR Total Vehicle Sales (Sep)     41.47K
13:00 ZAR Total Vehicle Sales (YoY) (Sep)     24.60%
13:30 USD Core PCE Price Index (YoY) (Aug)   3.5% 3.6%
13:30 USD Core PCE Price Index (MoM) (Aug)   0.2% 0.3%
13:30 USD PCE Price index (YoY) (Aug)     4.2
13:30 USD PCE price index (MoM) (Aug)     0.4%
13:30 USD Personal Income (MoM) (Aug)   0.3% 1.1%
13:30 USD Personal Spending (MoM) (Aug)   0.6% 0.3%
13:30 USD Real Personal Consumption (MoM) (Aug)     -0.1%
13:30 CAD GDP (MoM) (Jul)   -0.2% 0.7%
14:00 BRL Markit Manufacturing PMI (Sep)     53.6
14:30 CAD Manufacturing PMI (Sep)     57.2
14:45 USD Manufacturing PMI (Sep)     60.5
15:00 USD Construction Spending (MoM) (Aug)   0.3% 0.3%
15:00 USD ISM Manufacturing Employment (Sep)     49.0
15:00 USD ISM Manufacturing New Orders Index (Sep)     66.7
15:00 USD ISM Manufacturing PMI (Sep)   59.5 59.9
15:00 USD ISM Manufacturing Prices (Sep)   83.8 79.4
15:00 USD Michigan 5-Year Inflation Expectations (Sep)     2.90%
15:00 USD Michigan Consumer Expectations (Sep)     67.1
15:00 USD Michigan Consumer Sentiment (Sep)   71.0 71.0
15:00 USD Michigan Current Conditions (Sep)     77.1
15:00 USD Michigan Inflation Expectations (Sep)     4.7%
15:30 MXN Manufacturing PMI (Sep)     47.10
17:00 USD Dallas Fed PCE (Aug)     3.20%
18:00 USD U.S. Baker Hughes Oil Rig Count     411
18:00 USD U.S. Baker Hughes Total Rig Count     512
19:00 BRL Trade Balance (Sep)   7.20B 7.70B
20:30 GBP CFTC GBP speculative net positions     -0.2K
20:30 USD CFTC Aluminium speculative net positions     4.3K
20:30 USD CFTC Copper speculative net positions     19.3K
20:30 USD CFTC Corn speculative net positions     265.5K
20:30 USD CFTC Crude Oil speculative net positions     356.0K
20:30 USD CFTC Gold speculative net positions     187.6K
20:30 USD CFTC Nasdaq 100 speculative net positions     9.4K
20:30 USD CFTC Natural Gas speculative net positions     -140.2K
20:30 USD CFTC S&P 500 speculative net positions     49.8K
20:30 USD CFTC Silver speculative net positions     15.6K
20:30 USD CFTC Soybeans speculative net positions     61.1K
20:30 USD CFTC Wheat speculative net positions     1.8K
20:30 CAD CFTC CAD speculative net positions     -27.9K
20:30 MXN CFTC MXN speculative net positions     -19.0K
20:30 CHF CFTC CHF speculative net positions     -9.2K
20:30 AUD CFTC AUD speculative net positions     -85.6K
20:30 BRL CFTC BRL speculative net positions     5.8K
20:30 JPY CFTC JPY speculative net positions     -56.1K
20:30 NZD CFTC NZD speculative net positions     8.1K
20:30 EUR CFTC EUR speculative net positions     12.1K

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.

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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. 66.14% 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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