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 Currency Event Actual Forecast Previous Imp.
21:45 NZD External Migration & Visitors (Dec) -0.20%   -3.50%
21:45 NZD Permanent/Long-Term Migration (Dec) 3,930   2,490
23:00 JPY Reuters Tankan Index (Feb) -5   -6
23:50 JPY GDP (QoQ) (Q4)   -1.6% -0.9% 0.1%
23:50 JPY GDP (YoY) (Q4)   -6.3% -3.7% 0.5%
23:50 JPY GDP Capital Expenditure (QoQ) (Q4) -3.7% -1.6% 0.5%
23:50 JPY GDP External Demand (QoQ) (Q4) 0.5% 0.3% -0.3%
23:50 JPY GDP Private Consumption (QoQ) (Q4) -2.9% -2.0% 0.5%
GMT Currency Event Actual Forecast Previous Imp.
00:00 SGD GDP (YoY) (Q4) 1.0% 0.8% 0.8%
00:00 SGD GDP (QoQ) (Q4) 0.6% 0.1% 0.1%
00:01 GBP Rightmove House Price Index (MoM) 0.8%   2.3%
00:30 SGD Non-Oil Exports (MoM) (Jan) 4.60% -4.50% 1.00%
00:30 SGD Non-Oil Exports (YoY) (Jan) -3.30% -5.50% 2.40%
00:30 SGD Trade Balance 1.580B   4.750B
01:30 CNY House Prices (YoY) (Jan) 6.3%   6.6%
02:19 CNY FDI (Jan) 4.00%   5.80%
04:05 IDR Export Growth (YoY) (Jan) -3.71% 1.19% 1.28%
04:17 IDR Import Growth (YoY) (Jan) -4.78% -5.66% -5.62%
04:17 IDR Trade Balance (Jan) -0.87B -0.27B -0.03B
04:30 JPY Capacity Utilization (MoM) (Dec) -0.4% 0.2% -0.3%
04:30 JPY Industrial Production (MoM) (Dec) 1.2%   1.3%
07:00 NOK Trade Balance (Jan) 21.2B   25.6B
10:00 EUR Eurogroup Meetings      
11:00 EUR German Buba Monthly Report      
11:00 EUR Reserve Assets Total (Jan) 846.82B   813.57B
11:25 BRL BCB Focus Market Readout      
13:30 CAD Foreign Securities Purchases (Dec) -9.57B   -1.77B
13:30 CAD Foreign Securities Purchases by Canadians (Dec) 13.80B   5.74B
14:00 EUR French 12-Month BTF Auction -0.582%   -0.586%
14:00 EUR French 3-Month BTF Auction -0.596%   -0.609%
14:00 EUR French 6-Month BTF Auction -0.587%   -0.592%
GMT Currency Event Actual Forecast Previous Imp.
00:30 AUD RBA Meeting Minutes      
02:00 NZD RBNZ Offshore Holdings (Jan) 49.80%   48.90%
07:00 GBP Car Registration (YoY) (Jan) -7.3%   3.4%
07:00 GBP Car Registration (MoM) (Jan) 0.2%   -4.9%
07:00 EUR Italian Car Registration (MoM) (Jan) 11.0%   -7.0%
07:00 EUR Italian Car Registration (YoY) (Jan) -5.9%   12.5%
07:00 EUR German Car Registration (MoM) (Jan) -13.1%   -5.3%
07:00 EUR German Car Registration (YoY) (Jan) -7.3%   19.5%
07:00 EUR French Car Registration (YoY) (Jan) -13.4%   27.7%
07:00 EUR French Car Registration (MoM) (Jan) -36.4%   22.3%
08:30 HKD Unemployment Rate (Jan) 3.4%   3.3%
09:30 GBP Average Earnings ex Bonus (Dec) 3.2% 3.3% 3.4%
09:30 GBP Average Earnings Index +Bonus (Dec) 2.9% 3.0% 3.2%
09:30 GBP Claimant Count Change (Jan) 5.5K 22.6K 2.6K
09:30 GBP Employment Change 3M/3M (MoM) (Dec) 180K 145K 208K
09:30 GBP Labour Productivity   0.3%   0.1%
09:30 GBP Unemployment Rate (Dec) 3.8% 3.8% 3.8%
10:00 EUR German ZEW Current Conditions (Feb) -15.7 -10.3 -9.5
10:00 EUR German ZEW Economic Sentiment (Feb) 8.7 21.5 26.7
10:00 EUR Spanish 3-Month Letras Auction -0.503%   -0.450%
10:00 EUR ZEW Economic Sentiment (Feb) 10.4 30.0 25.6
10:45 EUR German 2-Year Schatz Auction -0.660%   -0.580%
13:30 USD NY Empire State Manufacturing Index (Feb) 12.90 5.00 4.80
13:30 CAD Manufacturing Sales (MoM) (Dec) -0.7% 0.5% -1.0%
15:00 USD NAHB Housing Market Index (Feb) 74 75 75
15:20 NZD GlobalDairyTrade Price Index -2.9%   -4.7%
16:30 USD 3-Month Bill Auction 1.545%   1.550%
16:30 USD 6-Month Bill Auction 1.510%   1.510%
19:00 USD FOMC Member Kashkari Speaks         
21:00 USD US Foreign Buying, T-bonds (Dec) 41.10B   -39.60B
21:00 USD Overall Net Capital Flow (Dec) 78.20B   77.30B
21:00 USD TIC Net Long-Term Transactions (Dec) 85.6B 25.5B 27.1B
21:00 USD TIC Net Long-Term Transactions including Swaps (Dec) 59.90B   0.80B
23:30 AUD MI Leading Index (MoM) 0.1%   0.0%
23:50 JPY Core Machinery Orders (MoM) (Dec) -12.5% -9.0% 18.0%
23:50 JPY Core Machinery Orders (YoY) (Dec) -3.5% -1.3% 5.3%
23:50 JPY Exports (YoY) (Jan) -2.6% -6.9% -6.3%
23:50 JPY Imports (YoY) (Jan) -3.6% -1.3% -4.9%
23:50 JPY Trade Balance (Jan) -1,312.6B -1,694.9B -154.6B
GMT Currency Event Actual Forecast Previous Imp.
00:30 AUD Wage Price Index (QoQ) (Q4) 0.5% 0.5% 0.5%
00:30 AUD Wage Price Index (YoY) (Q4) 2.2% 2.2% 2.2%
08:00 ZAR Core CPI (MoM) (Jan) 0.1% 0.3% 0.2%
08:00 ZAR Core CPI (YoY) (Jan) 3.7% 3.9% 3.8%
08:00 ZAR CPI (MoM) (Jan) 0.3% 0.3% 0.3%
08:00 ZAR CPI (YoY) (Jan) 4.5% 4.4% 4.0%
09:00 EUR Current Account (Dec) 32.6B   32.4B
09:00 EUR Current Account n.s.a. (Dec) 51.2B 42.4B 35.2B
09:30 GBP Core CPI MoM (MoM) (Jan) -0.6% -0.6% 0.2%
09:30 GBP Core CPI (YoY) (Jan) 1.6% 1.5% 1.4%
09:30 GBP Core PPI Output (MoM) (Jan) 0.1% 0.1% -0.1%
09:30 GBP Core PPI Output (YoY) (Jan) 0.7% 0.8% 0.9%
09:30 GBP Core RPI (YoY) (Jan) 2.8% 2.6% 2.2%
09:30 GBP Core RPI (MoM) (Jan) -0.4% -0.6% 0.3%
09:30 GBP CPI (YoY) (Jan) 1.8% 1.6% 1.3%
09:30 GBP CPI (MoM) (Jan) -0.3% -0.4% 0.0%
09:30 GBP CPI, n.s.a (Jan) 108.20   108.50
09:30 GBP PPI Input (MoM) (Jan) 0.9% -0.4% 0.9%
09:30 GBP PPI Input (YoY) (Jan) 2.1% -0.1% 0.9%
09:30 GBP PPI Output (MoM) (Jan) 0.3% 0.1% -0.2%
09:30 GBP PPI Output (YoY) (Jan) 1.1% 1.0% 0.9%
09:30 GBP RPI (MoM) (Jan) -0.4% -0.6% 0.3%
09:30 GBP RPI (YoY) (Jan) 2.7% 2.6% 2.2%
10:00 EUR Construction Output (MoM) (Dec) -3.10%   0.74%
10:45 EUR German 30-Year Bund Auction 0.070%   0.310%
12:00 USD MBA 30-Year Mortgage Rate 3.77%   3.72%
12:00 USD MBA Mortgage Applications (WoW) -6.4%   1.1%
12:00 USD MBA Purchase Index 258.4   267.4
12:00 USD Mortgage Market Index 645.5   689.5
12:00 USD Mortgage Refinance Index 2,875.1   3,123.6
13:30 USD Building Permits (Jan) 1.551M 1.450M 1.420M
13:30 USD Building Permits (MoM) (Jan) 9.2% -0.1% -3.7%
13:30 USD Core PPI (MoM) (Jan) 0.5% 0.1% 0.1%
13:30 USD Core PPI (YoY) (Jan) 1.7% 1.3% 1.1%
13:30 USD FOMC Member Bostic Speaks         
13:30 USD FOMC Member Mester Speaks         
13:30 USD Housing Starts (Jan) 1.567M 1.425M 1.626M
13:30 USD Housing Starts (MoM) (Jan) -3.6% -30.7% 17.7%
13:30 USD PPI (YoY) (Jan) 2.1% 1.6% 1.3%
13:30 USD PPI (MoM) (Jan) 0.5% 0.1% 0.2%
13:30 CAD Common CPI (YoY) 1.8%   2.0%
13:30 CAD Core CPI (YoY) (Jan) 1.8% 1.8% 1.7%
13:30 CAD Core CPI (MoM) (Jan) 0.4%   -0.4%
13:30 CAD CPI (YoY) (Jan) 2.4% 2.3% 2.2%
13:30 CAD CPI (MoM) (Jan) 0.3% 0.2% 0.0%
13:30 CAD Median CPI (YoY) 2.2%   2.2%
13:30 CAD Trimmed CPI (YoY) 2.1%   2.0%
13:55 USD Redbook (YoY) 5.7%   4.8%
13:55 USD Redbook (MoM) -0.2%   -0.7%
16:45 USD FOMC Member Kashkari Speaks         
17:30 BRL Foreign Exchange Flows 1.878B   3.698B
18:30 USD FOMC Member Kaplan Speaks         
19:00 USD FOMC Meeting Minutes      
21:00 KRW PPI (YoY) (Jan) 1.0% 1.4% 0.7%
21:00 KRW PPI (MoM) (Jan) 0.2% 0.4% 0.3%
21:30 USD API Weekly Crude Oil Stock 4.200M   6.000M
21:30 USD FOMC Member Barkin Speaks         
21:45 NZD PPI Input (QoQ) (Q4) 0.1% 0.4% 0.9%
21:45 NZD PPI Output (QoQ) (Q4) 0.4% 0.3% 1.0%
23:50 JPY Foreign Bonds Buying 1,420.5B   1,635.1B
23:50 JPY Foreign Investments in Japanese Stocks -214.4B   283.7B
GMT Currency Event Actual Forecast Previous Imp.
00:30 AUD Employment Change (Jan) 13.5K 10.0K 28.9K
00:30 AUD Full Employment Change (Jan) 46.2K   -0.3K
00:30 AUD Participation Rate (Jan) 66.1% 66.0% 66.0%
00:30 AUD Unemployment Rate (Jan) 5.3% 5.2% 5.1%
01:30 CNY PBoC Loan Prime Rate 4.05%   4.15%
07:00 CHF Trade Balance (Jan) 4.778B   1.975B
07:00 EUR German PPI (MoM) (Jan) 0.8% 0.2% 0.1%
07:00 EUR German PPI (YoY) (Jan) 0.2% -0.4% -0.2%
07:00 EUR GfK German Consumer Climate (Mar) 9.8 9.8 9.9
07:24 IDR Deposit Facility Rate (Feb) 4.00% 4.25% 4.25%
07:24 IDR Lending Facility Rate (Feb) 5.50% 5.75% 5.75%
07:30 IDR Interest Rate Decision 4.75%   5.00%
07:45 EUR French CPI (MoM) (Jan) -0.4% -0.4% 0.4%
07:45 EUR French CPI (YoY) 1.5% 1.5% 1.5%
07:45 EUR French HICP (YoY) (Jan) 1.7% 1.6% 1.6%
07:45 EUR French HICP (MoM) (Jan) -0.5% -0.5% 0.5%
08:01 CNY M2 Money Stock (YoY) (Jan) 8.4% 8.6% 8.7%
08:01 CNY New Loans (Jan) 3,340.0B 3,000.0B 1,140.0B
08:01 CNY Outstanding Loan Growth (YoY) (Jan) 12.1% 12.1% 12.3%
08:30 HKD CPI (YoY) (Jan) 1.40% 2.90% 2.90%
09:00 EUR Spanish Trade Balance -2.09B   -1.86B
09:30 GBP Core Retail Sales (MoM) (Jan) 1.6% 0.8% -0.8%
09:30 GBP Core Retail Sales (YoY) (Jan) 1.2% 0.4% 0.7%
09:30 GBP Retail Sales (MoM) (Jan) 0.9% 0.7% -0.5%
09:30 GBP Retail Sales (YoY) (Jan) 0.8% 0.7% 0.9%
10:00 EUR French 3-Year BTAN Auction -0.59%   -0.53%
10:00 EUR French 5-Year BTAN Auction -0.50%   -0.38%
10:00 EUR Spanish 10-Year Obligacion Auction 0.240%   0.347%
10:30 EUR ECB's De Guindos Speaks         
11:00 GBP CBI Industrial Trends Orders (Feb) -18 -19 -22
11:00 BRL FGV Consumer confidence (Feb) 87.8   90.4
11:30 INR FX Reserves, USD 473.00B   473.00B
12:00 BRL Mid-Month CPI (MoM) (Feb)   0.24% 0.71%
12:00 BRL Mid-Month CPI (YoY) (Feb)   4.23% 4.34%
12:30 EUR ECB Publishes Account of Monetary Policy Meeting      
13:30 USD Continuing Jobless Claims   1,720K 1,698K
13:30 USD Initial Jobless Claims   210K 205K
13:30 USD Jobless Claims 4-Week Avg.     212.00K
13:30 USD Philadelphia Fed Manufacturing Index (Feb)   12.0 17.0
13:30 USD Philly Fed Business Conditions (Feb)     38.4
13:30 USD Philly Fed CAPEX Index (Feb)     32.90
13:30 USD Philly Fed Employment (Feb)     19.3
13:30 USD Philly Fed New Orders (Feb)     18.2
13:30 USD Philly Fed Prices Paid (Feb)     22.10
13:30 CAD ADP Nonfarm Employment Change   71.8K 46.2K
13:30 CAD New Housing Price Index (MoM) (Jan)   0.2% 0.2%
13:30 BRL Federal Tax Revenue     147.50B
15:00 USD US Leading Index (MoM) (Jan)   0.4% -0.3%
15:00 EUR Consumer Confidence (Feb)   -8.2 -8.1
15:30 USD Natural Gas Storage   -147B -115B
16:00 USD Crude Oil Inventories   2.494M 7.459M
16:00 USD EIA Refinery Crude Runs (WoW)     0.048M
16:00 USD Crude Oil Imports     0.806M
16:00 USD Cushing Crude Oil Inventories     1.668M
16:00 USD Distillate Fuel Production     -0.139M
16:00 USD EIA Weekly Distillates Stocks   -1.459M -2.013M
16:00 USD Gasoline Production     -0.662M
16:00 USD Heating Oil Stockpiles     -0.046M
16:00 USD EIA Weekly Refinery Utilization Rates (WoW)   -0.7% 0.6%
16:00 USD Gasoline Inventories   0.435M -0.095M
16:00 CNY Chinese Total Social Financing (Jan) 5,070.0B 4,300.0B 2,103.0B
16:30 USD 4-Week Bill Auction     1.560%
16:30 USD 8-Week Bill Auction     1.565%
18:00 BRL CAGED Net Payroll Jobs     -307.31K
22:00 AUD Manufacturing PMI     48.9 49.6
22:00 AUD Services PMI     52.4 50.6
23:30 JPY CPI, n.s.a (MoM) (Jan)     0.1%
23:30 JPY National Core CPI (YoY) (Jan)   0.8% 0.7%
23:30 JPY National CPI (YoY) (Jan)   0.7% 0.8%
23:30 JPY National CPI (MoM)     0.1%
GMT Currency Event Actual Forecast Previous Imp.
00:30 JPY Manufacturing PMI (Feb)       48.8
00:30 JPY Services PMI       51.0
04:30 JPY All Industries Activity Index (MoM)     0.9%
08:15 EUR French Manufacturing PMI (Feb)     50.7 51.1
08:15 EUR French Markit Composite PMI (Feb)     51.0 51.1
08:15 EUR French Services PMI (Feb)     51.3 51.0
08:30 EUR German Composite PMI (Feb)     50.8 51.2
08:30 EUR German Manufacturing PMI (Feb)     44.8 45.3
08:30 EUR German Services PMI (Feb)     53.8 54.2
09:00 EUR Italian Industrial New Orders (YoY) (Dec)     -4.3%
09:00 EUR Italian Industrial New Orders (MoM) (Dec)     -0.3%
09:00 EUR Italian Industrial Sales (MoM) (Dec)     0.00%
09:00 EUR Italian Industrial Sales (YoY) (Dec)     0.10%
09:00 EUR Manufacturing PMI (Feb)     47.5 47.9
09:00 EUR Markit Composite PMI (Feb)     51.0 51.3
09:00 EUR Services PMI (Feb)     52.2 52.5
09:30 GBP Composite PMI       53.3
09:30 GBP Manufacturing PMI       50.0
09:30 GBP Public Sector Net Borrowing (Jan)   -12.05B 4.04B
09:30 GBP Public Sector Net Cash Requirement (Jan)     16.596B
09:30 GBP Services PMI       53.9
09:30 IDR Car Sales (YoY)     -1.40%
10:00 EUR Italian CPI (MoM) (Jan)   0.2% 0.2%
10:00 EUR Italian CPI (YoY) (Jan)   0.6% 0.6%
10:00 EUR Italian CPI Ex Tobacco (MoM) (Jan)     0.4%
10:00 EUR Italian HICP (YoY) (Jan)   0.5% 0.5%
10:00 EUR Italian HICP (MoM) (Jan)   -1.7% -1.7%
10:00 EUR Core CPI (YoY) (Jan)   1.1% 1.1%
10:00 EUR Core CPI (MoM) (Jan)   -1.7% -1.7%
10:00 EUR CPI (YoY) (Jan)   1.4% 1.4%
10:00 EUR CPI (MoM) (Jan)   -1.0% 0.3%
10:00 EUR CPI ex Tobacco (YoY) (Jan)     1.2%
10:00 EUR CPI ex Tobacco (MoM) (Jan)     0.3%
10:00 EUR HICP ex Energy & Food (YoY) (Jan)   1.3% 1.3%
10:00 EUR HICP ex Energy and Food (MoM) (Jan)   -1.3% 0.3%
11:30 INR FX Reserves, USD     473.00B
13:30 CAD Core Retail Sales (MoM) (Dec)   0.4% 0.2%
13:30 CAD Retail Sales (MoM) (Dec)   0.1% 0.9%
14:35 USD FOMC Member Kaplan Speaks         
14:45 USD Manufacturing PMI (Feb)     51.5 51.9
14:45 USD Markit Composite PMI (Feb)       53.3
14:45 USD Services PMI (Feb)     53.0 53.4
15:00 USD Existing Home Sales (Jan)   5.43M 5.54M
15:00 USD Existing Home Sales (MoM) (Jan)   -1.8% 3.6%
15:15 USD FOMC Member Brainard Speaks         
18:00 USD U.S. Baker Hughes Oil Rig Count     678
18:00 USD U.S. Baker Hughes Total Rig Count     790
18:30 GBP MPC Member Tenreyro Speaks         
18:30 USD FOMC Member Clarida Speaks         
18:30 USD FOMC Member Mester Speaks         
19:30 GBP CFTC GBP speculative net positions     13.0K
19:30 USD CFTC Aluminium speculative net positions     -75.1K
19:30 USD CFTC Copper speculative net positions     -34.3K
19:30 USD CFTC Corn speculative net positions     52.6K
19:30 USD CFTC Crude Oil speculative net positions     397.4K
19:30 USD CFTC Gold speculative net positions     299.8K
19:30 USD CFTC Nasdaq 100 speculative positions     21.3K
19:30 USD CFTC Natural Gas speculative net positions     -246.7K
19:30 USD CFTC S&P 500 speculative net positions     46.1K
19:30 USD CFTC Silver speculative net positions     67.8K
19:30 USD CFTC Soybeans speculative net positions     -19.8K
19:30 USD CFTC Wheat speculative net positions     48.4K
19:30 CAD CFTC CAD speculative net positions     18.6K
19:30 MXN CFTC MXN speculative net positions     165.2K
19:30 CHF CFTC CHF speculative net positions     4.9K
19:30 AUD CFTC AUD speculative net positions     -43.3K
19:30 BRL CFTC BRL speculative net positions     -30.3K
19:30 JPY CFTC JPY speculative net positions     -44.7K
19:30 NZD CFTC NZD speculative net positions     -2.2K
19:30 EUR CFTC EUR speculative net positions     -75.1K

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.

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. 71.31% 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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