Trading Tools

Trading Tools

At ICM Capital we continuously strive to offer you services which will support you when trading with us. Below you will find a Pip Calculator which will 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 will 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 will 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 Electronic Card Retail Sales (MoM) (Nov) 1.2%   0.5%
21:45 NZD Electronic Card Retail Sales (YoY) (Nov) 4.3%   1.3%
23:50 JPY BSI Large Manufacturing Conditions (Q4) 9.7 10.1 9.4
23:50 JPY M2 Money Stock (YoY) 4.0% 4.1% 4.1%
GMT Currency Event Actual Forecast Previous Imp.
00:01 GBP Rightmove House Price Index (MoM) -2.6%   -0.8%
06:00 JPY Machine Tool Orders (YoY)   46.9%   49.8%
07:00 NOK Core CPI YTD (Nov) 1.0% 1.2% 1.1%
07:00 NOK Core Inflation (MoM) (Nov) -0.3% 0.2% 0.3%
07:00 NOK CPI (MoM) (Nov) 0.1% 0.2% 0.1%
07:00 NOK CPI (YoY) (Nov) 1.1% 1.2% 1.2%
07:00 NOK PPI (YoY) (Nov) 9.7%   9.0%
07:05 IDR Retail Sales (YoY) (Oct) 2.2%   1.8%
09:00 EUR Italian Retail Sales (MoM) (Oct) -1.0% -0.1% 0.8%
09:00 EUR Italian Retail Sales (YoY) (Oct) -2.1%   3.1%
09:00 CNY M2 Money Stock (YoY) (Nov) 9.1% 8.9% 8.8%
09:00 CNY New Loans (Nov) 1,120.0B 800.0B 663.2B
09:00 CNY Outstanding Loan Growth (YoY) (Nov) 13.3% 13.0% 13.0%
09:00 IDR FX Reserves (USD) (Nov) 126.00B   126.60B
14:00 EUR French 3-Month BTF Auction -0.790%   -0.711%
14:00 EUR French 6-Month BTF Auction -0.758%   -0.691%
15:00 USD CB Employment Trends Index (Nov) 135.90   136.20
15:00 USD JOLTs Job Openings (Nov) 5.996M 6.030M 6.177M
16:30 USD 3-Month Bill Auction 1.320%   1.290%
16:30 USD 6-Month Bill Auction 1.460%   1.450%
18:00 USD 10-Year Note Auction 2.384%   2.314%
18:00 USD 3-Year Note Auction 1.932%   1.750%
21:00 KRW Export Price Index (YoY) (Nov) 2.3%   8.1%
21:00 KRW Import Price Index (YoY) (Nov) 3.9%   6.8%
23:50 JPY PPI (YoY) (Nov) 3.5% 3.3% 3.4%
23:50 JPY PPI (MoM) (Nov) 0.4% 0.2% 0.3%
GMT Currency Event Actual Forecast Previous Imp.
00:30 AUD House Price Index (QoQ) (Q3) -0.2% 0.6% 1.9%
00:30 AUD NAB Business Confidence (Nov) 6   9
00:30 AUD NAB Business Survey (Nov) 12   21
04:30 JPY Tertiary Industry Activity Index (MoM) 0.3% 0.2% -0.2%
05:00 SGD Retail Sales (YoY) (Oct) -0.1%   -0.6%
05:00 SGD Retail Sales (MoM) (Oct) 1.5%   -4.2%
06:30 EUR French Non-Farm Payrolls (QoQ) (Q3) 0.2% 0.2% 0.2%
09:30 GBP Core CPI (YoY) (Nov) 2.7% 2.7% 2.7%
09:30 GBP Core PPI Output (YoY) (Nov) 2.2% 2.2% 2.1%
09:30 GBP Core PPI Output (MoM) (Nov) 0.2% 0.2% 0.1%
09:30 GBP Core RPI (MoM) (Nov) 0.1%   0.1%
09:30 GBP Core RPI (YoY) (Nov) 4.0%   4.2%
09:30 GBP CPI (YoY) (Nov) 3.1% 3.0% 3.0%
09:30 GBP CPI (MoM) (Nov) 0.3% 0.2% 0.1%
09:30 GBP House Price Index (YoY) 4.5% 5.2% 4.8%
09:30 GBP PPI Input (MoM) (Nov) 1.8% 1.5% 1.0%
09:30 GBP PPI Input (YoY) (Nov) 7.3% 6.8% 4.8%
09:30 GBP PPI Output (MoM) (Nov) 0.3% 0.2% 0.2%
09:30 GBP PPI Output (YoY) (Nov) 3.0% 3.0% 2.8%
09:30 GBP RPI (MoM) (Nov) 0.2% 0.3% 0.1%
09:30 GBP RPI (YoY) (Nov) 3.9% 4.1% 4.0%
09:50 EUR Spanish 3-Month Letras Auction -0.610%   -0.465%
10:00 EUR German ZEW Current Conditions (Dec) 89.3 88.5 88.8
10:00 EUR German ZEW Economic Sentiment (Dec) 17.4 18.0 18.7
10:00 EUR ZEW Economic Sentiment 29.0 30.2 30.9
10:15 EUR Italian 12-Month BOT Auction -0.407%   -0.395%
10:35 EUR German 2-Year Schatz Auction -0.740%   -0.710%
11:00 USD NFIB Small Business Optimism (Nov) 107.5 104.6 103.8
11:00 ZAR Manufacturing Production (MoM) (Oct) 0.7% 1.0% -0.8%
11:30 INR Cumulative Industrial Production (Oct) 2.50%   2.50%
11:30 INR Industrial Production (YoY) (Oct) 2.2% 3.0% 4.1%
11:30 INR Manufacturing Output (MoM) (Oct) 2.5%   3.8%
12:00 INR CPI (YoY) (Nov) 4.88% 4.20% 3.58%
13:30 USD Core PPI (YoY) (Nov) 2.4% 2.3% 2.4%
13:30 USD Core PPI (MoM) (Nov) 0.3% 0.2% 0.4%
13:30 USD PPI (MoM) (Nov) 0.4% 0.4% 0.4%
13:30 USD PPI (YoY) (Nov) 3.1% 2.9% 2.8%
13:55 USD Redbook (MoM) -0.7%   -0.9%
13:55 USD Redbook (YoY) 3.3%   3.0%
14:00 MXN Industrial Production (YoY) (Oct) -1.1% 0.5% -1.2%
14:00 MXN Industrial Production (MoM) (Oct) -0.1% 0.7% -0.4%
16:30 USD 4-Week Bill Auction 1.240%   1.180%
18:00 USD 30-Year Bond Auction 2.804%   2.801%
19:00 USD Federal Budget Balance (Nov) -139.0B -134.0B -63.0B
19:00 EUR ECB President Draghi Speaks (Oct)         
21:35 USD API Weekly Crude Oil Stock -7.382M -4.000M -5.481M
21:45 NZD FPI (MoM) (Nov) -0.4%   -1.1%
22:15 AUD RBA Governor Lowe Speaks         
23:00 KRW Unemployment Rate (Nov) 3.7%   3.6%
23:30 AUD Westpac Consumer Sentiment (Dec) 3.6%   -1.7%
23:50 JPY Core Machinery Orders (YoY) (Oct) 2.3% -2.8% -3.5%
23:50 JPY Core Machinery Orders (MoM) (Oct) 5.0% 2.8% -8.1%
GMT Currency Event Actual Forecast Previous Imp.
00:00 AUD RBA Assist Gov Kent Speaks         
02:30 SGD Unemployment Rate (Q3) 2.2%   2.1%
03:00 KRW M2 Money supply (Oct) 6.00%   6.70%
04:00 IDR Motorbike Sales (YoY) (Nov) -3.60%   1.50%
06:00 AUD HIA New Home Sales (MoM) (Oct) 1.6%   -6.1%
07:00 EUR German CPI (YoY) (Nov) 1.8% 1.8% 1.8%
07:00 EUR German CPI (MoM) (Nov) 0.3% 0.3% 0.3%
07:00 EUR German HICP (MoM) (Nov) 0.3% 0.3% 0.3%
07:00 EUR German HICP (YoY) (Nov) 1.8% 1.8% 1.8%
07:00 EUR German WPI (YoY) (Nov) 3.3% 3.4% 3.0%
07:00 EUR German WPI (MoM) (Nov) 0.5% 0.2% 0.0%
08:00 ZAR Core CPI (YoY) (Nov) 4.4% 4.5% 4.5%
08:00 ZAR Core CPI (MoM) (Nov) 0.0% 0.1% 0.1%
08:00 ZAR CPI (YoY) (Nov) 4.6% 4.7% 4.8%
08:00 ZAR CPI (MoM) (Nov) 0.1% 0.2% 0.3%
09:00 EUR Italian Industrial Production (YoY) (Oct) 3.1% 3.4% 2.2%
09:00 EUR Italian Industrial Production (MoM) (Oct) 0.5% 0.6% -1.3%
09:00 JPY BoJ Governor Kuroda Speaks         
09:30 GBP Average Earnings ex Bonus (Oct) 2.3% 2.2% 2.2%
09:30 GBP Average Earnings Index +Bonus (Oct) 2.5% 2.5% 2.3%
09:30 GBP Claimant Count Change (Nov) 5.9K 3.2K 6.5K
09:30 GBP Unemployment Rate (Oct) 4.3% 4.2% 4.3%
10:00 EUR Italian Industrial New Orders (MoM) (Oct) 0.0%   -3.9%
10:00 EUR Italian Industrial New Orders (YoY) (Oct) 0.0%   2.2%
10:00 EUR Employment Change (QoQ) (Q3) 0.4% 0.4% 0.4%
10:00 EUR Employment Change (YoY) (Q3) 1.7%   1.6%
10:00 EUR Industrial Production (YoY) (Oct) 3.7% 3.5% 3.4%
10:00 EUR Industrial Production (MoM) (Oct) 0.2% -0.2% -0.5%
11:00 BRL Retail Sales (MoM) (Oct) -0.9% 0.2% 0.3%
11:00 BRL Retail Sales (YoY) (Oct) 2.5% 5.2% 6.2%
11:00 ZAR Retail Sales (YoY) (Oct) 3.2% 5.3% 5.7%
11:30 INR Balance of Payments (USD) (Q3) 9.500B   11.400B
11:30 INR Current Account % of GDP (QoQ) (Q3) -1.20%   -2.40%
11:30 INR Current Account (USD) (Q3) -7.20B   -14.30B
12:00 USD MBA 30-Year Mortgage Rate 4.20%   4.19%
12:00 USD MBA Mortgage Applications (WoW) -2.3%   4.7%
12:00 USD MBA Purchase Index 247.9   250.6
12:00 USD Mortgage Market Index 398.8   408.3
12:00 USD Mortgage Refinance Index 1,281.0   1,313.9
12:20 USD OPEC Monthly Report      
13:30 USD Core CPI (MoM) (Nov) 0.1% 0.2% 0.2%
13:30 USD Core CPI (YoY) (Nov) 1.7% 1.8% 1.8%
13:30 USD Core CPI Index (Nov) 253.72   253.43
13:30 USD CPI (MoM) (Nov) 0.4% 0.4% 0.1%
13:30 USD CPI (YoY) (Nov) 2.2% 2.2% 2.0%
13:30 USD CPI Index, n.s.a. (Nov) 246.67 246.81 246.66
13:30 USD Real Earnings (MoM) (Nov) 0.1%   -0.2%
14:30 BRL Foreign Exchange Flows -0.13B   -0.97B
15:30 USD Crude Oil Inventories -5.117M -3.759M -5.610M
15:30 USD Crude Oil Imports 0.433M   -0.073M
15:30 USD Cushing Crude Oil Inventories -3.317M   -2.753M
15:30 USD Distillate Fuel Production -0.155M   0.118M
15:30 USD EIA Weekly Distillates Stocks -1.370M 0.902M 1.667M
15:30 USD Gasoline Production 0.371M   -0.464M
15:30 USD Heating Oil Stockpiles -0.139M   -0.786M
15:30 USD Gasoline Inventories 5.664M 2.457M 6.780M
16:00 USD Cleveland CPI (MoM) (Nov) 0.2%   0.3%
19:00 USD FOMC Economic Projections         
19:00 USD FOMC Statement      
19:00 USD Fed Interest Rate Decision 1.50% 1.50% 1.25%
19:30 USD FOMC Press Conference         
20:00 USD U.S. President Trump Speaks         
23:00 USD FOMC Member Brainard Speaks         
23:50 JPY Foreign Bonds Buying -487.6B   -204.0B
23:50 JPY Foreign Investments in Japanese Stocks -84.8B   -166.8B
GMT Currency Event Actual Forecast Previous Imp.
00:00 AUD MI Inflation Expectations 3.7%   3.7%
00:00 NZD Budget Balance (Jul) -2.650B   1.500B
00:00 NZD Net Debt Forecast (Jul) 21.70%   22.50%
00:00 NZD Economic Forecast (Jul) 2.540B   3.710B
00:01 GBP RICS House Price Balance (Nov) 0% -1% 1%
00:30 AUD Employment Change (Nov) 61.6K 19.2K 7.8K
00:30 AUD Full Employment Change (Nov) 41.9K   31.0K
00:30 AUD Participation Rate (Nov) 65.5% 65.1% 65.2%
00:30 AUD Unemployment Rate (Nov) 5.4% 5.4% 5.4%
00:30 JPY Manufacturing PMI (Dec)   54.2   53.6
02:00 CNY Fixed Asset Investment (YoY) (Nov) 7.2% 7.2% 7.3%
02:00 CNY Industrial Production (YoY) (Nov) 6.1% 6.2% 6.2%
02:00 CNY Retail Sales (YoY) (Nov) 10.2% 10.3% 10.0%
02:45 CNY FDI (Nov) 9.80%   1.90%
04:30 JPY Capacity Utilization (MoM) (Oct) 0.2%   -1.5%
04:30 JPY Industrial Production (MoM) (Oct) 0.5% 0.5% 0.5%
06:30 INR WPI Food (YoY) (Nov) 6.06%   4.30%
06:30 INR WPI Fuel (YoY) (Nov) 8.82%   10.52%
06:30 INR WPI Inflation (YoY) (Nov) 3.93% 3.78% 3.59%
06:30 INR WPI Manufacturing Inflation (YoY) (Nov) 2.61%   2.62%
07:45 EUR French CPI (MoM) (Nov) 0.1% 0.1% 0.1%
07:45 EUR French HICP (MoM) (Nov) 0.1% 0.1% 0.1%
07:45 EUR French HICP (YoY) (Nov) 1.2% 1.3% 1.3%
08:00 EUR French Manufacturing PMI (Dec)   59.3 57.2 57.7
08:00 EUR French Markit Composite PMI (Dec)   60.0 59.4 60.3
08:00 EUR French Services PMI (Dec)   59.4 59.9 60.4
08:00 EUR Spanish CPI (MoM) (Nov) 0.5% 0.4% 0.9%
08:00 EUR Spanish CPI (YoY) (Nov) 1.7% 1.6% 1.6%
08:00 EUR Spanish HICP (MoM) (Nov) 0.3% 0.3% 0.6%
08:00 EUR Spanish HICP (YoY) (Nov) 1.8% 1.7% 1.7%
08:00 ZAR Current Account (Q3) -109.0B -92.0B -111.0B
08:00 ZAR Current Account % of GDP (Q3) -2.30% -2.05% -2.40%
08:15 CHF PPI (YoY) (Nov) 1.8%   1.2%
08:15 CHF PPI (MoM) (Nov) 0.6% 0.3% 0.5%
08:30 CHF SNB Interest Rate Decision -0.75% -0.75% -0.75%
08:30 CHF SNB Monetary Policy Assessment         
08:30 EUR German Composite PMI (Dec)   58.7 57.2 57.3
08:30 EUR German Manufacturing PMI (Dec)   63.3 62.2 62.5
08:30 EUR German Services PMI (Dec)   55.8 54.7 54.3
09:00 USD IEA Monthly Report      
09:00 EUR Italian CPI (YoY) (Nov) 0.9% 0.9% 0.9%
09:00 EUR Italian CPI (MoM) (Nov) -0.2% -0.2% -0.2%
09:00 EUR Italian HICP (YoY) (Nov) 1.1% 1.1% 1.1%
09:00 EUR Italian HICP (MoM) (Nov) -0.2% -0.2% -0.2%
09:00 CHF SNB Press Conference         
09:00 NOK Interest Rate Decision 0.50% 0.50% 0.50%
09:00 EUR Manufacturing PMI (Dec)   60.6 59.8 60.1
09:00 EUR Markit Composite PMI (Dec)   58.0 57.2 57.5
09:00 EUR Services PMI (Dec)   56.5 56.1 56.2
09:30 GBP Core Retail Sales (MoM) (Nov) 1.2% 0.5% 0.4%
09:30 GBP Core Retail Sales (YoY) (Nov) 1.5% 0.4% -0.3%
09:30 GBP Retail Sales (YoY) (Nov) 1.6% 0.3% -0.3%
09:30 GBP Retail Sales (MoM) (Nov) 1.1% 0.4% 0.5%
09:30 ZAR PPI (MoM) (Nov) 0.5% 0.3% 0.7%
09:30 ZAR PPI (YoY) (Nov) 5.1% 4.9% 5.0%
09:40 EUR Spanish 10-Year Obligacion Auction 1.488%   1.410%
09:40 EUR Spanish 3-Year Bonos Auction -0.005%   -0.022%
10:30 IDR Interest Rate Decision 4.25% 4.25% 4.25%
10:30 IDR Deposit Facility Rate (Dec) 3.50% 3.50% 3.50%
10:30 IDR Lending Facility Rate (Dec) 5.00% 5.00% 5.00%
12:00 GBP BoE MPC vote cut (Dec) 0 0 0
12:00 GBP BoE MPC vote hike (Dec) 0 0 7
12:00 GBP BoE MPC vote unchanged (Dec) 9 9 2
12:00 GBP BoE QE Total (Dec) 435B 435B 435B
12:00 GBP BoE Interest Rate Decision (Dec) 0.50% 0.50% 0.50%
12:00 GBP BoE MPC Meeting Minutes      
12:45 EUR Deposit Facility Rate -0.40% -0.40% -0.40%
12:45 EUR ECB Interest Rate Decision (Dec) 0.00% 0.00% 0.00%
13:30 USD Continuing Jobless Claims 1,886K 1,900K 1,913K
13:30 USD Core Retail Sales (MoM) (Nov) 1.0% 0.7% 0.4%
13:30 USD Export Price Index (MoM) (Nov) 0.5% 0.2% 0.1%
13:30 USD Import Price Index (MoM) (Nov) 0.7% 0.8% 0.1%
13:30 USD Initial Jobless Claims 225K 239K 236K
13:30 USD Jobless Claims 4-Week Avg. 234.75K   241.50K
13:30 USD Retail Control (MoM) (Nov) 0.8% 0.3% 0.4%
13:30 USD Retail Sales (MoM) (Nov) 0.8% 0.3% 0.5%
13:30 USD Retail Sales Ex Gas/Autos (MoM) (Nov) 0.8% 0.3% 0.4%
13:30 CAD New Housing Price Index (MoM) (Oct) 0.1% 0.2% 0.2%
13:30 EUR ECB Press Conference         
14:44 IDR Loans (YoY) (Oct) 8.16%   7.86%
14:45 USD Bloomberg Consumer Confidence     52.3
14:45 USD Manufacturing PMI (Dec)   55.0 54.2 53.9
14:45 USD Services PMI (Dec)   52.4 54.6 54.5
15:00 USD Business Inventories (MoM) (Oct) -0.1% -0.1% 0.0%
15:30 USD Natural Gas Storage -69B -60B 2B
17:25 CAD BoC Gov Poloz Speaks         
19:00 MXN Interest Rate Decision (Dec) 7.25% 7.25% 7.00%
21:30 NZD Business NZ PMI (Nov) 57.7   57.2
23:50 JPY Tankan All Big Industry CAPEX (Q4) 7.4% 7.5% 7.7%
23:50 JPY Tankan All Small Industry CAPEX (Q4) -6.4% -8.5% -14.1%
23:50 JPY Tankan Big Manufacturing Outlook Index (Q4) 19 22 19
23:50 JPY Tankan Large Manufacturers Index (Q4) 25 24 22
23:50 JPY Tankan Large Non-Manufacturers Diffusion Index (Q4) 20 20 19
23:50 JPY Tankan Large Non-Manufacturers Index (Q4) 23 24 23
23:50 JPY Tankan Small Manufacturers Diffusion Index (Q4) 11 9 8
23:50 JPY Tankan Small Manufacturing Index (Q4) 15 11 10
23:50 JPY Tankan Small Non-Manufacturers Diffusion Index (Q4) 5 5 4
23:50 JPY Tankan Small Non-Manufacturing Index (Q4) 9 9 8
GMT Currency Event Actual Forecast Previous Imp.
00:00 KRW Exports (YoY) (Nov)   9.6% 9.6%
00:00 KRW Imports (YoY) (Nov)   12.3% 12.3%
00:00 KRW Trade Balance (Nov)   7.80B 7.80B
02:00 IDR Export Growth (YoY) (Nov)   13.01% 18.39%
02:00 IDR Import Growth (YoY) (Nov)   13.16% 23.33%
02:00 IDR Trade Balance (Nov)   0.92B 0.90B
07:00 NOK Trade Balance (Nov)     15.1B
10:00 EUR Trade Balance (Oct)   24.6B 26.4B
10:30 INR FX Reserves, USD     401.94B
11:30 BRL IBC-Br Economic Activity     -0.38%
12:00 GBP BoE Quarterly Bulletin      
12:00 INR Trade Balance (Nov)   13.75B 14.02B
13:15 GBP BoE MPC Member Haldane Speaks         
13:30 USD NY Empire State Manufacturing Index (Dec)   18.60 19.40
13:30 CAD Manufacturing Sales (MoM) (Oct)   0.8% 0.5%
14:15 USD Capacity Utilization Rate (Nov)   77.3% 77.0%
14:15 USD Industrial Production (MoM) (Nov)   0.3% 0.9%
14:15 USD Manufacturing Production (MoM) (Nov)   0.3% 1.3%
15:30 USD ECRI Weekly Annualized (WoW)     2.9%
15:30 USD ECRI Weekly Index     147.3
18:00 USD U.S. Baker Hughes Oil Rig Count     751
20:30 GBP CFTC GBP speculative net positions     6.4K
20:30 USD CFTC Copper speculative net positions     26.7K
20:30 USD CFTC Crude Oil speculative net positions     611.1K
20:30 USD CFTC Gold speculative net positions     173.3K
20:30 USD CFTC S&P 500 speculative net positions     166.9K
20:30 USD CFTC Silver speculative net positions     31.4K
20:30 CAD CFTC CAD speculative net positions     42.5K
20:30 CHF CFTC CHF speculative net positions     -29.6K
20:30 AUD CFTC AUD speculative net positions     40.3K
20:30 JPY CFTC JPY speculative net positions     -114.3K
20:30 NZD CFTC NZD speculative net positions     -12.9K
20:30 EUR CFTC EUR speculative net positions     93.1K
21:00 USD US Foreign Buying, T-bonds (Oct)   -4.30B 12.70B
21:00 USD Overall Net Capital Flow (Oct)     -51.30B
21:00 USD TIC Net Long-Term Transactions (Oct)     80.9B
21:00 USD TIC Net Long-Term Transactions including Swaps (Oct)     65.10B

VPS Hosting for Forex Trading

This VPS is available for existing and new clients who maintain a balance of 4,000 USD 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 which is a global leader in VPS service 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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Advantages

  • Free for accounts that maintain a 4,000 USD balance
  • 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 1:200. 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 avoid such scenario, forex traders usually implement a strict trading style that includes the use of stop and limit orders.

To 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 are the ideal way for you to enter an exciting market that has a daily turnover of over USD 5 trillion a day. 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.

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Advantages

  • 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

How 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 do 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.
 
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