When talking about equities we're specifically talking about the trading of stocks or shares of publicly-traded companies from around the world such as Microsoft, Boeing or Pfizer. When individuals buy stocks or shares in these companies it defines the amount of interest a person holds in ownership in a corporation. Equity can also be defined as the monetary value of a property or business beyond any amounts owed on it in mortgages, claims or liens. One will find that the terms stocks and shares are used interchangeably when talking about the topic and this is because they have very similar meanings – simply put a stock in a corporation is represented by shares. The way these terms are used comes down to syntax rather than a financial or legal definition.
Unlike traditional stock trading, at ICM Capital we provide our clients with the opportunity to trade equities though the price movements of CFD trading (contract for difference). A CFD is merely a contract between two entities, such as a buyer and a seller. When applied to equities, such as the ones below this type of contract allows traders to speculate on the movement of a specific share price, without actually having ownership of the share in question.
ICM Capital offers the following major US Stocks for trading:
CFD trading with ICM Capital is speedy and straightforward but most importantly it removes the need to trade through a stock broker. With a CFD contract unlike with Spot Forex, you are not trading per pip movement of the share price but you are buying or selling a fixed amount of CFDs which is comparable to a number of shares. It is important to remember no physical share transaction takes place during this process.
CFDs are available to trade in following countries: United Kingdom, Hong Kong, The Netherlands, Poland, Portugal, Germany, Switzerland, Italy, Singapore, South Africa, Australia, Canada, New Zealand, Sweden, Norway, France, Ireland, Japan and Spain. The U.S. Securities and Exchange Commission do not permit CFD trading in the United States.
|Symbol||Description||Contract size||Spread||Pip Value||Spread on orders from the market price||Margin Req.|
|MMM||3M Company||1,000 Shares||15||10||10 Cents||$4,000|
|AIG||American International Group||1,000 Shares||15||10||10 Cents||$4,000|
|BA||Boeing Corp||1,000 Shares||15||10||10 Cents||$4,000|
|CAT||Caterpillar Inc.||1,000 Shares||15||10||10 Cents||$4,000|
|C||Citigroup Inc.||1,000 Shares||15||10||10 Cents||$4,000|
|GE||General Electric Co||1,000 Shares||15||10||10 Cents||$4,000|
|IBM||International Business Machines||1,000 Shares||15||10||10 Cents||$4,000|
|MSFT||Microsoft Corporation||1,000 Shares||15||10||10 Cents||$4,000|
|PFE||Pfizer Inc.||1,000 Shares||15||10||10 Cents||$4,000|
|DIS||Walt Disney Company||1,000 Shares||15||10||10 Cents||$4,000|
|Ticker||Description||Contract size||Margin Req.||Pip Value||Limits/stops pending orders can be placed from market price||Fixed Spread|
|APPL||Apple Inc||1,000 Shares||$4,000.00||10||15 pips||35 Cents|
|GOOGL||Google Inc||1,000 Shares||$4,000.00||10||15 pips||120 Cents|
i. All above instruments are on market execution
ii. Fully Automated
iii. All times are based on ICM Capital Server time
iv. Subject to change without prior notice
v. No commission charged for all above products
No swaps will be offered on any positions under ICM Standard accounts. ICM Capital reserves the right to discontinue an Islamic/SWAP-free account without warning. ICM Capital will invoke this right in case of suspicion of abuse, in which case ICM Capital may, at its sole discretion, decide to close all open positions in the account and deduct or add swaps for all transactions currently and/or previously made in the account and decline from accepting any further requests from the Client to be exempted from SWAP.
While using higher leverage can significantly increase your profits, it equally can work against you as it involves greater risks to your capital. If the currency underlying one of your trades moves in leverage will greatly amplify your potential losses. It is possible for you to lose more than your initial deposit so please ensure CFD trading meets your investment objectives and seek independence advice and trading style that includes the use of stop and limit orders.
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