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 Electronic Card Retail Sales (MoM) (Oct) 0.1% 0.6% 1.1%
21:45 NZD Electronic Card Retail Sales (YoY) (Oct) 6.2%   5.7%
23:50 JPY PPI (YoY) (Oct) 2.9% 2.8% 3.0%
23:50 JPY PPI (MoM) (Oct) 0.3% 0.1% 0.3%
GMT Currency Event Actual Forecast Previous Imp.
05:00 SGD Retail Sales (YoY) (Sep) 1.9%   -0.4%
05:00 SGD Retail Sales (MoM) (Sep) -0.4%   2.5%
06:00 JPY Machine Tool Orders (YoY)   -1.1%   2.9%
09:00 EUR Italian Industrial Production (MoM) (Sep) -0.2% -0.5% 1.7%
09:00 EUR Italian Industrial Production (YoY) (Sep) 1.3%   -0.8%
10:45 EUR Italian 12-Month BOT Auction 0.630%   0.949%
11:30 BRL BCB Focus Market Readout      
12:00 INR CPI (YoY) (Oct) 3.31% 3.67% 3.70%
12:00 INR Cumulative Industrial Production (Sep) 5.10%   5.20%
12:00 INR Industrial Production (YoY) (Sep) 4.5% 4.3% 4.7%
12:00 INR Manufacturing Output (MoM) (Sep) 4.6%   5.1%
14:00 EUR French 12-Month BTF Auction -0.578%   -0.626%
14:00 EUR French 3-Month BTF Auction -0.686%   -0.735%
14:00 EUR French 6-Month BTF Auction -0.655%   -0.667%
19:30 USD FOMC Member Daly Speaks         
21:00 KRW Export Price Index (YoY) (Oct) 1.3%   1.3%
21:00 KRW Import Price Index (YoY) (Oct) 10.7%   9.6%
21:45 NZD FPI (MoM) (Oct) -0.6%   -0.1%
GMT Currency Event Actual Forecast Previous Imp.
00:30 AUD NAB Business Confidence (Oct) 4   6
00:30 AUD NAB Business Survey (Oct) 12   15
03:00 KRW M2 Money supply (Sep) 6.20%   6.40%
03:35 JPY 30-Year JGB Auction 0.870%   0.900%
07:00 EUR German CPI (YoY) (Oct) 2.5% 2.5% 2.5%
07:00 EUR German CPI (MoM) (Oct) 0.2% 0.2% 0.2%
07:00 EUR German HICP (YoY) (Oct) 2.4% 2.4% 2.4%
07:00 EUR German HICP (MoM) (Oct) 0.1% 0.1% 0.1%
07:00 NOK GDP (QoQ) (Q3) 0.6% 0.6% 0.4%
07:00 NOK GDP Mainland (QoQ) (Q3) 0.3% 0.6% 0.7%
07:45 EUR French Non-Farm Payrolls (QoQ) (Q3)   0.2% 0.3% 0.0%
08:00 EUR ECB's Praet Speaks         
08:15 CHF PPI (MoM) (Oct) 0.2% 0.1% -0.2%
08:15 CHF PPI (YoY) (Oct) 2.3%   2.6%
08:45 CNY M2 Money Stock (YoY) (Oct) 8.0% 8.4% 8.3%
08:45 CNY New Loans (Oct) 697.0B 874.0B 1,380.0B
08:45 CNY Outstanding Loan Growth (YoY) (Oct) 13.1% 13.3% 13.2%
08:45 EUR ECB's Lautenschlaeger Speaks         
09:30 GBP Average Earnings ex Bonus (Sep) 3.2% 3.1% 3.1%
09:30 GBP Average Earnings Index +Bonus (Sep) 3.0% 3.0% 2.8%
09:30 GBP Claimant Count Change (Oct) 20.2K 4.3K 23.2K
09:30 GBP Employment Change 3M/3M (MoM) 23.0K 25.0K -5.0K
09:30 GBP Unemployment Rate (Sep) 4.1% 4.0% 4.0%
09:40 EUR Spanish 12-Month Letras Auction -0.323%   -0.292%
09:40 EUR Spanish 6-Month Letras Auction -0.419%   -0.434%
10:00 EUR German ZEW Current Conditions (Nov) 58.2 65.0 70.1
10:00 EUR German ZEW Economic Sentiment (Nov) -24.1 -24.2 -24.7
10:00 EUR Eurogroup Meetings      
10:00 EUR ZEW Economic Sentiment -22.0 -17.3 -19.4
10:40 EUR German 2-Year Schatz Auction -0.580%   -0.560%
10:45 EUR Italian 3-Year BTP Auction 1.98%   2.51%
10:45 EUR Italian 7-Year BTP Auction 3.12%   3.28%
11:00 USD NFIB Small Business Optimism (Oct) 107.4 108.0 107.9
11:00 BRL Retail Sales (YoY) (Sep) 0.1% 1.6% 4.0%
11:00 BRL Retail Sales (MoM) (Sep) -1.3% -0.2% 2.0%
11:20 USD OPEC Monthly Report      
13:55 USD Redbook (YoY) 6.1%   6.1%
13:55 USD Redbook (MoM) 0.2%   0.1%
15:00 USD FOMC Member Brainard Speaks         
15:00 USD FOMC Member Kashkari Speaks         
16:30 USD 3-Month Bill Auction 2.340%   2.320%
16:30 USD 4-Week Bill Auction 2.200%   2.200%
16:30 USD 6-Month Bill Auction 2.465%   2.450%
16:30 USD 8-Week Bill Auction 2.285%   2.240%
19:00 USD Federal Budget Balance (Oct) -100.0B -100.0B 119.0B
19:00 USD Loan Officer Survey      
19:20 USD FOMC Member Harker Speaks         
22:00 USD FOMC Member Daly Speaks         
23:00 KRW Unemployment Rate (Oct) 3.9%   4.0%
23:30 AUD Westpac Consumer Sentiment (Nov) 2.8%   1.0%
23:50 JPY GDP (YoY) (Q3)   -1.2% -1.0% 3.0%
23:50 JPY GDP (QoQ) (Q3)   -0.3% -0.3% 0.8%
23:50 JPY GDP Capital Expenditure (QoQ) (Q3)   -0.2% 0.6% 3.1%
23:50 JPY GDP External Demand (QoQ) (Q3)   -0.1% -0.1% -0.1%
23:50 JPY GDP Price Index (YoY)   -0.3% -0.1% 0.1%
23:50 JPY GDP Private Consumption (QoQ) (Q3)   -0.1% -0.2% 0.7%
GMT Currency Event Actual Forecast Previous Imp.
00:30 AUD Wage Price Index (YoY) (Q3) 2.3% 2.3% 2.1%
00:30 AUD Wage Price Index (QoQ) (Q3) 0.6% 0.6% 0.5%
02:00 CNY Fixed Asset Investment (YoY) (Oct) 5.7% 5.5% 5.4%
02:00 CNY Industrial Production (YoY) (Oct) 5.9% 5.8% 5.8%
02:00 CNY Retail Sales (YoY) (Oct) 8.6% 9.2% 9.2%
02:00 CNY Chinese Unemployment Rate 4.9%   4.9%
04:30 JPY Capacity Utilization (MoM) (Sep) -1.5%   2.4%
04:30 JPY Industrial Production (MoM) (Sep) -0.4% -1.1% -1.1%
04:30 JPY Tertiary Industry Activity Index (MoM) -1.1% -0.4% 0.4%
06:30 INR WPI Food (YoY) (Oct) -1.49%   -0.21%
06:30 INR WPI Fuel (YoY) (Oct) 18.44%   16.65%
06:30 INR WPI Inflation (YoY) (Oct) 5.28% 5.00% 5.13%
06:30 INR WPI Manufacturing Inflation (YoY) (Oct) 4.49%   4.22%
07:00 EUR German GDP (QoQ) (Q3)   -0.2% -0.3% 0.5%
07:00 EUR German GDP (YoY) (Q3)   1.1% 1.3% 2.3%
07:45 EUR French CPI (MoM) (Oct) 0.1% 0.1% 0.1%
07:45 EUR French CPI (YoY) 2.2% 2.2% 2.2%
07:45 EUR French HICP (YoY) (Oct) 2.5% 2.5% 2.5%
07:45 EUR French HICP (MoM) (Oct) 0.1% 0.1% 0.1%
08:00 EUR Spanish CPI (YoY) (Oct) 2.3% 2.3% 2.3%
08:00 EUR Spanish CPI (MoM) (Oct) 0.9% 0.9% 0.2%
08:00 EUR Spanish HICP (YoY) (Oct) 2.3% 2.3% 2.3%
08:00 EUR Spanish HICP (MoM) (Oct) 0.7% 0.7% 0.6%
09:00 USD IEA Monthly Report      
09:30 GBP Core CPI (YoY) (Oct) 1.9% 1.9% 1.9%
09:30 GBP Core PPI Output (MoM) (Oct) 0.3% 0.2% 0.1%
09:30 GBP Core PPI Output (YoY) (Oct) 2.4% 2.4% 2.4%
09:30 GBP Core RPI (MoM) (Oct) 0.1%   0.9%
09:30 GBP Core RPI (YoY) (Oct) 3.2%   3.3%
09:30 GBP CPI (YoY) (Oct) 2.4% 2.5% 2.4%
09:30 GBP CPI (MoM) (Oct) 0.1% 0.2% 0.1%
09:30 GBP CPIH (YoY) 2.3% 2.3% 2.2%
09:30 GBP House Price Index (YoY) 3.5% 3.3% 3.1%
09:30 GBP PPI Input (YoY) (Oct) 10.0% 9.6% 10.5%
09:30 GBP PPI Input (MoM) (Oct) 0.8% 0.6% 1.4%
09:30 GBP PPI Output (MoM) (Oct) 0.3% 0.2% 0.4%
09:30 GBP PPI Output (YoY) (Oct) 3.3% 3.1% 3.1%
09:30 GBP RPI (YoY) (Oct) 3.3% 3.4% 3.3%
09:30 GBP RPI (MoM) (Oct) 0.1% 0.2% 0.9%
09:30 IDR Car Sales (YoY) (Oct) 12.30%   6.20%
10:00 EUR Employment Change (QoQ) (Q3)   0.2% 0.3% 0.4%
10:00 EUR Employment Change (YoY) (Q3)   1.3% 1.4% 1.5%
10:00 EUR EU Finance Ministers Meeting      
10:00 EUR GDP (QoQ) (Q3)   0.2% 0.2% 0.2%
10:00 EUR GDP (YoY) (Q3)   1.7% 1.7% 1.7%
10:00 EUR Industrial Production (YoY) (Sep) 0.9% 0.3% 0.9%
10:00 EUR Industrial Production (MoM) (Sep) -0.3% -0.4% 1.0%
10:40 EUR German 30-Year Bund Auction 1.040%   1.040%
11:00 ZAR Retail Sales (YoY) (Sep) 0.7% 2.2% 2.5%
12:00 USD MBA 30-Year Mortgage Rate 5.17%   5.15%
12:00 USD MBA Mortgage Applications (WoW) -3.2%   -4.0%
12:00 USD MBA Purchase Index 220.8   213.6
12:00 USD Mortgage Market Index 316.7   316.2
12:00 USD Mortgage Refinance Index 824.7   861.8
13:30 USD Core CPI (MoM) (Oct) 0.2% 0.2% 0.1%
13:30 USD Core CPI (YoY) (Oct) 2.1% 2.2% 2.2%
13:30 USD Core CPI Index (Oct) 258.94   258.44
13:30 USD CPI (YoY) (Oct) 2.5% 2.5% 2.3%
13:30 USD CPI (MoM) (Oct) 0.3% 0.3% 0.1%
13:30 USD CPI Index, n.s.a. (Oct) 252.89 252.80 252.44
13:30 USD Real Earnings (MoM) (Oct) 0.1% 0.2% -0.1%
14:30 BRL Foreign Exchange Flows -0.628B   -0.930B
15:00 USD FOMC Member Quarles Speaks         
16:00 USD Cleveland CPI (MoM) (Oct) 0.2%   0.2%
21:30 USD API Weekly Crude Oil Stock 8.790M   7.830M
22:00 USD FOMC Member Daly Speaks         
23:00 USD Fed Chair Powell Speaks         
23:50 JPY Foreign Bonds Buying 1,620.8B   -167.4B
23:50 JPY Foreign Investments in Japanese Stocks 360.9B   107.4B
GMT Currency Event Actual Forecast Previous Imp.
00:00 AUD MI Inflation Expectations 3.6%   4.0%
00:30 AUD Employment Change (Oct) 32.8K 19.9K 7.8K
00:30 AUD Full Employment Change (Oct) 42.3K   24.6K
00:30 AUD Participation Rate (Oct) 65.6% 65.5% 65.5%
00:30 AUD Unemployment Rate (Oct) 5.0% 5.1% 5.0%
01:30 AUD RBA Assist Gov Debelle Speaks         
01:30 CNY House Prices (YoY) (Oct) 8.6%   7.9%
02:00 KRW Exports (YoY) (Oct) 22.7%   22.7%
02:00 KRW Imports (YoY) (Oct) 28.1%   27.9%
02:00 KRW Trade Balance (Oct) 6.47B   6.55B
04:00 IDR Export Growth (YoY) (Oct) 3.59% 1.81% 1.70%
04:00 IDR Import Growth (YoY) (Oct) 23.66% 9.20% 14.18%
04:00 IDR Trade Balance (Oct) -1.82B -0.17B 0.23B
07:00 CNY FDI (Oct) 3.30%   2.90%
07:00 NOK Trade Balance (Oct) 34.9B   21.1B
07:20 IDR Interest Rate Decision 6.00% 5.75% 5.75%
07:20 IDR Deposit Facility Rate (Nov) 5.25% 5.00% 5.00%
07:20 IDR Lending Facility Rate (Nov) 6.75% 6.50% 6.50%
09:30 GBP Core Retail Sales (MoM) (Oct) -0.4% 0.1% -0.3%
09:30 GBP Core Retail Sales (YoY) (Oct) 2.7% 3.3% 3.6%
09:30 GBP Retail Sales (YoY) (Oct) 2.2% 3.0% 3.3%
09:30 GBP Retail Sales (MoM) (Oct) -0.5% 0.2% -0.4%
10:00 EUR Trade Balance (Sep) 13.1B   11.7B
12:15 EUR ECB's Coeure Speaks         
12:16 INR Exports (USD) (Oct) 26.98B   27.95B
12:16 INR Imports (USD) (Oct) 44.11B   41.90B
12:16 INR Trade Balance (Oct) -17.13B -16.09B -13.98B
13:00 GBP MPC Member Tenreyro Speaks         
13:10 EUR ECB's Praet Speaks         
13:30 USD Continuing Jobless Claims 1,676K 1,630K 1,630K
13:30 USD Core Retail Sales (MoM) (Oct) 0.7% 0.5% -0.1%
13:30 USD Export Price Index (MoM) (Oct) 0.4% 0.1% -0.2%
13:30 USD Import Price Index (MoM) (Oct) 0.5% 0.1% 0.2%
13:30 USD Initial Jobless Claims 216K 216K 214K
13:30 USD Jobless Claims 4-Week Avg. 215.25K   213.75K
13:30 USD NY Empire State Manufacturing Index (Nov) 23.30 19.30 21.10
13:30 USD Philadelphia Fed Manufacturing Index (Nov) 12.9 20.7 22.2
13:30 USD Philly Fed Business Conditions (Nov) 27.2   33.8
13:30 USD Philly Fed CAPEX Index (Nov) 36.10   25.20
13:30 USD Philly Fed Employment (Nov) 16.3   19.5
13:30 USD Philly Fed New Orders (Nov) 9.1   19.3
13:30 USD Philly Fed Prices Paid (Nov) 39.30   38.20
13:30 USD Retail Control (MoM) (Oct) 0.3% 0.4% 0.3%
13:30 USD Retail Sales (MoM) (Oct) 0.8% 0.6% -0.1%
13:30 USD Retail Sales Ex Gas/Autos (MoM) (Oct) 0.3% 0.4% 0.1%
13:30 CAD ADP Nonfarm Employment Change -23.0K   66.9K
15:00 USD Business Inventories (MoM) (Sep) 0.3% 0.3% 0.5%
15:00 USD FOMC Member Quarles Speaks         
15:30 USD Natural Gas Storage 39B 33B 65B
16:00 USD Crude Oil Inventories 10.270M 3.182M 5.783M
16:00 USD Crude Oil Imports 0.268M   0.275M
16:00 USD Cushing Crude Oil Inventories 1.167M   2.419M
16:00 USD Distillate Fuel Production 0.030M   -0.020M
16:00 USD EIA Weekly Distillates Stocks -3.589M -1.741M -3.465M
16:00 USD Gasoline Production 0.342M   -0.650M
16:00 USD Heating Oil Stockpiles -0.308M   -0.178M
16:00 USD Gasoline Inventories -1.411M -1.479M 1.852M
16:30 USD Fed Chair Powell Speaks         
18:00 USD FOMC Member Bostic Speaks         
19:00 MXN Interest Rate Decision (Nov) 8.00% 8.00% 7.75%
20:00 USD FOMC Member Kashkari Speaks         
21:30 NZD Business NZ PMI (Oct) 53.5   51.7
GMT Currency Event Actual Forecast Previous Imp.
00:30 SGD Non-Oil Exports (MoM) (Oct) 4.20% 2.80% -4.40%
00:30 SGD Non-Oil Exports (YoY) (Oct) 8.30% 1.00% 8.10%
00:30 SGD Trade Balance 4.520B   3.680B
02:00 NZD RBNZ Offshore Holdings (Oct) 55.10%   55.40%
07:00 EUR German WPI (YoY) (Oct) 4.0%   3.5%
07:00 EUR German WPI (MoM) (Oct) 0.3% 0.2% 0.4%
08:30 HKD GDP (QoQ) (Q3) 0.1%   -0.2%
08:30 HKD GDP (YoY) (Q3) 2.9%   3.5%
08:30 HKD Unemployment Rate (Oct) 2.8%   2.8%
08:30 EUR ECB President Draghi Speaks         
09:00 EUR Italian Industrial New Orders (YoY) (Sep) -0.9%   0.8%
09:00 EUR Italian Industrial New Orders (MoM) (Sep) -2.9%   4.9%
09:00 EUR Italian Industrial Sales (YoY) (Sep) 3.90%   3.20%
09:00 EUR Italian Industrial Sales (MoM) (Sep) 0.00%   1.30%
10:00 EUR Italian Trade Balance (Sep) 1.274B 2.870B 2.491B
10:00 EUR Italian Trade Balance EU (Sep) 1.18B   0.75B
10:00 EUR Core CPI (MoM) (Oct) 0.1% 0.1% 0.1%
10:00 EUR Core CPI (YoY) (Oct) 1.1% 1.1% 1.1%
10:00 EUR CPI (YoY) (Oct) 2.2% 2.2% 2.1%
10:00 EUR CPI (MoM) (Oct) 0.2% 0.2% 0.5%
10:00 EUR CPI ex Tobacco (MoM) (Oct) 0.2%   0.5%
10:00 EUR CPI ex Tobacco (YoY) (Oct) 2.1%   2.0%
10:30 BRL IBC-Br Economic Activity (Sep) -0.09% -0.40% 0.47%
11:00 EUR Italian CPI (YoY) (Oct) 1.6% 1.6% 1.6%
11:00 EUR Italian CPI (MoM) (Oct) 0.0% -0.4% -0.4%
11:00 EUR Italian HICP (YoY) (Oct) 1.7% 1.7% 1.7%
11:00 EUR Italian HICP (MoM) (Oct) 0.2% 0.2% 0.2%
11:30 INR FX Reserves, USD 393.01B   393.13B
13:00 EUR German Buba President Weidmann Speaks         
13:30 CAD Foreign Securities Purchases (Sep) 7.70B 0.30B 2.63B
13:30 CAD Foreign Securities Purchases by Canadians (Sep) 10.59B   -0.29B
13:30 CAD Manufacturing Sales (MoM) (Sep) 0.2% 0.1% -0.5%
14:15 USD Capacity Utilization Rate (Oct) 78.4% 78.3% 78.5%
14:15 USD Industrial Production (YoY) 4.1%   5.6%
14:15 USD Industrial Production (MoM) (Oct) 0.1% 0.2% 0.2%
14:15 USD Manufacturing Production (MoM) (Oct) 0.3% 0.2% 0.3%
16:00 USD KC Fed Composite Index (Nov) 15   8
16:00 USD KC Fed Manufacturing Index (Nov) 24   5
16:30 USD Chicago Fed President Evans Speaks         
18:00 USD U.S. Baker Hughes Oil Rig Count 888   886
20:30 GBP CFTC GBP speculative net positions -47.1K   -56.8K
20:30 USD CFTC Copper speculative net positions 3.4K   6.4K
20:30 USD CFTC Crude Oil speculative net positions 381.2K   403.8K
20:30 USD CFTC Gold speculative net positions -9.2K   19.0K
20:30 USD CFTC S&P 500 speculative net positions 201.4K   198.0K
20:30 USD CFTC Silver speculative net positions -17.1K   -2.5K
20:30 CAD CFTC CAD speculative net positions -2.8K   -2.6K
20:30 MXN CFTC MXN speculative net positions 7.3K   7.0K
20:30 CHF CFTC CHF speculative net positions -18.6K   -19.9K
20:30 AUD CFTC AUD speculative net positions -59.8K   -66.4K
20:30 JPY CFTC JPY speculative net positions -102.3K   -89.1K
20:30 NZD CFTC NZD speculative net positions -20.9K   -25.7K
20:30 EUR CFTC EUR speculative net positions -37.0K   -46.8K
21:00 USD US Foreign Buying, T-bonds (Sep) -11.50B   63.10B
21:00 USD Overall Net Capital Flow (Sep) -29.10B   108.10B
21:00 USD TIC Net Long-Term Transactions (Sep) 30.8B 46.2B 131.7B
21:00 USD TIC Net Long-Term Transactions including Swaps (Sep) 16.70B   111.40B

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.

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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.
 

Using cTrader Algo

cAlgo (cTrader Automate) is an algorithmic trading solution, which is natively integrated with cTrader and works seamlessly alongside all other functionalities of the platform. Traders can build automated trading robots and custom indicators in the popular C# language using the highly functional cTrader API from a platform that is equipped with the necessary tools to properly back test and optimize trading strategies.

CFD’s and Spot FX are complex instruments and come with a high risk of losing money rapidly due to leverage. 76% 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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