Execution Transparency

At ICM Capital, our aim is to give you all the information you need to make smarter trades. We understand that in today’s complex market environment, transactional transparency is an increasingly important part of execution performance. The more transparent your trading partner, the more you know and the more power you have. 

EXECUTION SPEED

Execution affects the price you pay. ICM Capital is therefore committed to maintaining an efficient trading environment and understands that fast trade execution* is critical to your success. We challenge ourselves every day to deliver this. After all, being fair pays dividends in customer satisfaction.

Standard Account Type

* This is defined as the time frame between when the order is received and when the order is executed. This excludes internet latency and post trade booking.
Data from 1st of December to the 20th of December 2017.

PRICE IMPROVEMENTS

At ICM Capital, we've automated every aspect of the trade process with the goal of ensuring your trades are executed lighting fast, without any manual intervention, and at the price you expect – or at times even better.

OUR TECHNOLOGY: Over one hundred thousand orders with Price Improvements*

With ICM Capital’s price improvement technology, all orders can receive positive slippage, or price improvements as a result of natural market price fluctuations. This means you can potentially make more money if the market gaps or spikes favourably through your price. This is especially true in situations where the market moves fast (during weekend gaps or around news events). You may though also experience negative slippage. This means the price you are filled at will be worse than the order price and in extremely volatile markets, the fill price could be much worse. However, we're committed to maintaining an efficient trading environment that reduces latency to help you manage the degree of acceptable slippage. 

*Data from 1st of December to the 20th of December 2017.

For more details on Price Improvements statistics, click here to see the full report.

ICM Capital Highlights

  • 69.50% of all orders had NO SLIPPAGE.
  • 13.60% of all orders received positive slippage.
  • 16.90% of all orders received negative slippage.

HISTORICAL SPREADS

The difference between the buy and sell prices for any given market – called the spread – is effectively your cost for trading that market. We aim to keep the spreads for all our markets consistently low, to give you the best value service.

  • EUR/USD averages 1.2 pips during peak hours
  • GBP/USD averages 2.1 pips during peak hours
  • USD/JPY averages 1.6 pips during peak hours

See more details on the full historical spreads report.

HIGHLIGHTS

EUR/USD averages 1.2 pips during peak hours

  • From 1st Dec 2017 until 20th Dec 2017, the average EUR/USD spread for Standard Accounts was 1.2 pips during peak hours: 7am to 7pm GMT
  • 90.36% of EUR/USD volume occured during peak hours
INSTRUMENT AVERAGE SPREAD AVERAGE TOTAL COST SPREAD <= avg spread by %
Peak NonPeak Peak NonPeak Peak NonPeak
EURUSD 1.2 1.0 $0.12 $0.10 50.99 54.50
GBPUSD 2.1 1.8 $0.21 $0.18 52.42 54.13
USDJPY 1.6 1.4 $0.15 $0.13 67.02 67.49
GOLD 24.2 24.1 $0.24 $0.24 63.92 61.88

 

Data from 1st of December to the 20th of December 2017.
Peak: Trading hours defined as 7 am to 7 pm GMT, excluding weekends.
Non-Peak: Trading hours defined as 7 pm to 7 am GMT, excluding weekends.

The tighter the spread, the better for you. But tight spreads are meaningful only when coupled with fast execution. It's the quality of execution that determines whether you actually receive the tight spreads being advertised. 

RTS 27 Publication
RTS 27 Publication
Q1 - 2018 January 2018 February 2018 March 2018

 

RTS 28 Publication
RTS 28 Publication
Annual 2018                                                                                       Top 5 Execution Venues Retail

 

DISCLAIMERS

The information provided is historical in nature and does not imply that ICM Capital maintains a particular capacity or performance level. Past results are not indicative of future performance. The price at which an order is executed does not negate the high level of risk involved with forex trading. Trading could result in losses regardless of the pricing quality of opening or closing transactions. Spreads Data comes from all available liquidity providers – liquidity providers subject to change.

Risk Warning: Our service includes products that are traded on margin and carry a risk of losses in excess of your deposited funds. The products may not be suitable for all investors and are intended for retail and professional clients. The products may not be suitable for all investors. Please ensure that you fully understand the risks involved.

Compensation: When executing customer trades, ICM Capital can be compensated in several ways, which include, but are not limited to: charging fixed lot-based commissions at the open and close of a trade, adding a markup to the spreads it receives from its liquidity providers for certain account types, and adding a markup to rollover.

CFDs and Spot FX are leveraged products. Trading CFD's or Spot FX carries a high risk to your capital and can result in losses that exceed your deposits. 79.45% of retail investor accounts lose money when trading CFDs with this provider. Read More
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