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+1 Currency Event Actual Forecast Previous Imp.
00:01 GBP Rightmove House Price Index (MoM) 1.1%   1.5%
02:15 CNY China Loan Prime Rate 5Y (Apr) 3.95% 3.95% 3.95%
02:15 CNY PBoC Loan Prime Rate 3.45% 3.45% 3.45%
04:00 NZD Credit Card Spending (YoY) (Mar) 1.4%   2.1%
05:00 IDR Export Growth (YoY) (Mar) -4.19%   -9.60%
05:00 IDR Import Growth (YoY) (Mar) -12.76%   15.84%
05:00 IDR Trade Balance (Mar) 4.47B   0.83B
08:00 CHF M3 Money Supply (Mar) 1,136.9B   1,131.5B
10:00 EUR Government Budget to GDP -3.6%   -3.7%
10:00 EUR Government Debt to GDP 88.6%   90.8%
11:00 EUR German Buba Monthly Report      
11:00 EUR Eurogroup Meetings      
11:10 GBP Rightmove House Price Index (YoY) (Apr) 1.7%   0.8%
12:25 BRL BCB Focus Market Readout      
13:00 MXN Economic Activity (YoY) (Feb) 4.40%   1.90%
13:00 MXN Economic Activity (MoM) (Feb) 1.40%   -0.90%
13:30 USD Chicago Fed National Activity (Mar) 0.15 0.09 0.09
13:30 CAD IPPI (YoY) (Mar) -0.5%   -1.4%
13:30 CAD IPPI (MoM) (Mar) 0.8% 0.8% 1.1%
13:30 CAD New Housing Price Index (MoM) (Mar) 0.0% 0.1% 0.1%
13:30 CAD RMPI (YoY) (Mar) 0.8%   -4.7%
13:30 CAD RMPI (MoM) (Mar) 4.7% 2.9% 2.1%
14:00 EUR French 12-Month BTF Auction 3.474%   3.471%
14:00 EUR French 3-Month BTF Auction 3.825%   3.814%
14:00 EUR French 6-Month BTF Auction 3.710%   3.706%
15:00 EUR Consumer Confidence (Apr)   -14.7 -14.0 -14.9
16:30 USD 3-Month Bill Auction 5.255%   5.250%
16:30 USD 6-Month Bill Auction 5.160%   5.155%
16:30 EUR ECB President Lagarde Speaks         
22:00 KRW PPI (YoY) (Mar) 1.6%   1.5%
22:00 KRW PPI (MoM) (Mar) 0.2%   0.3%
GMT+1 Currency Event Actual Forecast Previous Imp.
00:00 AUD Judo Bank Australia Manufacturing PMI (Apr)   49.9   47.3
00:00 AUD Judo Bank Australia Services PMI (Apr)   54.2   54.4
01:30 JPY au Jibun Bank Japan Manufacturing PMI (Apr)   49.9 48.0 48.2
01:30 JPY au Jibun Bank Japan Services PMI   54.6   54.1
04:35 JPY 2-Year JGB Auction 0.303%   0.187%
06:00 INR HSBC India Manufacturing PMI   59.1   59.1
06:00 INR HSBC India Services PMI   61.7   61.2
06:00 JPY BoJ Core CPI (YoY) 2.2%   2.3%
06:00 SGD Core CPI (YoY) (Mar) 3.10%   3.60%
06:00 SGD CPI (MoM) (Mar) -0.10%   1.10%
06:00 SGD CPI (YoY) (Mar) 2.7% 3.1% 3.4%
07:00 GBP Public Sector Net Borrowing (Mar) 11.02B 8.90B 8.60B
07:00 GBP Public Sector Net Cash Requirement (Mar) 20.739B   3.236B
08:00 ZAR Leading Indicators (Feb) 112.80%   110.80%
08:15 EUR HCOB France Manufacturing PMI (Apr)   44.9 46.9 46.2
08:15 EUR HCOB France Composite PMI (Apr)   49.9   48.3
08:15 EUR HCOB France Services PMI (Apr)   50.5 48.9 48.3
08:30 EUR HCOB Germany Composite PMI (Apr)   50.5 48.6 47.7
08:30 EUR HCOB Germany Manufacturing PMI (Apr)   42.2 42.8 41.9
08:30 EUR HCOB Germany Services PMI (Apr)   53.3 50.6 50.1
09:00 GBP MPC Member Haskel Speaks         
09:00 EUR HCOB Eurozone Manufacturing PMI (Apr)   45.6 46.5 46.1
09:00 EUR HCOB Eurozone Composite PMI (Apr)   51.4 50.8 50.3
09:00 EUR HCOB Eurozone Services PMI (Apr)   52.9 51.8 51.5
09:15 EUR ECB Supervisory Board Member Fernandez-Bollo Speaks         
09:30 GBP S&P Global/CIPS UK Composite PMI   54.0   52.8
09:30 GBP S&P Global/CIPS UK Manufacturing PMI   48.7 50.3 50.3
09:30 GBP S&P Global/CIPS UK Services PMI   54.9 53.0 53.1
09:30 HKD CPI (MoM) (Mar) 0.00%   0.40%
09:30 HKD CPI (YoY) (Mar) 2.00%   2.10%
10:25 EUR Italian 2-Year CTZ Auction 3.420%   3.310%
10:45 EUR German 2-Year Schatz Auction 2.910%   2.840%
11:00 EUR Eurogroup Meetings      
12:15 GBP BoE MPC Member Pill Speaks         
12:30 USD Building Permits 1.467M 1.458M 1.524M
12:30 USD Building Permits (MoM) -3.7% -4.3% 2.4%
12:30 EUR German Buba President Nagel Speaks         
13:55 USD Redbook (YoY) 5.3%   4.9%
14:45 USD S&P Global US Manufacturing PMI (Apr)   49.9 52.0 51.9
14:45 USD S&P Global Composite PMI (Apr)   50.9   52.1
14:45 USD S&P Global Services PMI (Apr)   50.9 52.0 51.7
15:00 USD New Home Sales (MoM) (Mar) 8.8%   -5.1%
15:00 USD New Home Sales (Mar) 693K 668K 637K
15:00 USD Richmond Manufacturing Index (Apr) -7 -7 -11
15:00 USD Richmond Manufacturing Shipments (Apr) -10   -14
15:00 USD Richmond Services Index (Apr) -13   -7
17:00 ZAR SARB Monetary Policy Review      
18:00 USD 2-Year Note Auction 4.898%   4.595%
21:30 USD API Weekly Crude Oil Stock -3.230M 1.800M 4.090M
22:00 KRW Consumer Confidence (Apr) 100.7   100.7
23:45 NZD Exports (Mar)     5.89B
23:45 NZD Imports (Mar)     6.11B
23:45 NZD Trade Balance (MoM) (Mar)   -505M -218M
23:45 NZD Trade Balance (YoY) (Mar)     -11,990M
GMT+1 Currency Event Actual Forecast Previous Imp.
00:50 JPY Corporate Services Price Index (CSPI) (YoY)   2.1% 2.1%
02:30 AUD CPI (QoQ) (Q1)   0.8% 0.6%
02:30 AUD CPI (YoY) (Q1)   3.4% 4.1%
02:30 AUD CPI Index Number (Q1)     136.10
02:30 AUD Trimmed Mean CPI (QoQ) (Q1)   0.8% 0.8%
02:30 AUD Trimmed Mean CPI (YoY) (Q1)   3.8% 4.2%
02:30 AUD Monthly CPI Indicator (YoY) (Mar)   3.40% 3.40%
02:30 AUD Weighted mean CPI (YoY) (Q1)   4.1% 4.4%
02:30 AUD Weighted mean CPI (QoQ) (Q1)   0.9% 0.9%
08:00 EUR German Buba President Nagel Speaks         
08:20 IDR Loans (YoY) (Mar)     11.28%
08:30 IDR Interest Rate Decision   6.00% 6.00%
08:30 IDR Deposit Facility Rate (Apr)   5.25% 5.25%
08:30 IDR Lending Facility Rate (Apr)   6.75% 6.75%
09:00 EUR Italian Business Confidence (Apr)     88.6
09:00 EUR Italian Consumer Confidence (Apr)   96.9 96.5
09:00 CHF ZEW Expectations (Apr)     11.5
09:00 EUR German Business Expectations (Apr)   88.9 87.5
09:00 EUR German Current Assessment (Apr)   88.7 88.1
09:00 EUR German Ifo Business Climate Index (Apr)   88.9 87.8
09:15 EUR ECB Supervisory Board Member Tuominen Speaks         
10:10 EUR Italian 6-Month BOT Auction     3.765%
10:30 EUR German 10-Year Bund Auction     2.380%
10:30 EUR German Buba President Nagel Speaks         
11:00 GBP CBI Industrial Trends Orders (Apr)     -18
11:00 GBP CBI Industrial Trends Orders (Apr)   -16 -18
11:00 BRL FGV Consumer confidence (Apr)     91.3
11:00 EUR Eurogroup Meetings      
12:00 USD MBA 30-Year Mortgage Rate     7.13%
12:00 USD MBA Mortgage Applications (WoW)     3.3%
12:00 USD MBA Purchase Index     145.6
12:00 USD Mortgage Market Index     202.1
12:00 USD Mortgage Refinance Index     500.7
13:00 MXN 1st Half-Month Core CPI (Apr)   0.16% 0.33%
13:00 MXN 1st Half-Month CPI (Apr)   -0.03% 0.27%
13:30 USD Core Durable Goods Orders (MoM) (Mar)   0.3% 0.3%
13:30 USD Durable Goods Orders (MoM) (Mar)   2.5% 1.3%
13:30 USD Durables Excluding Defense (MoM) (Mar)     2.1%
13:30 USD Goods Orders Non Defense Ex Air (MoM) (Mar)   0.2% 0.7%
13:30 CAD Core Retail Sales (MoM) (Feb)   0.0% 0.5%
13:30 CAD Retail Sales (MoM) (Feb)   0.1% -0.3%
13:30 CAD Wholesale Sales (MoM)       0.0%
14:15 EUR ECB McCaul Speaks         
15:00 EUR ECB's Schnabel Speaks         
15:30 USD Crude Oil Inventories   1.700M 2.735M
15:30 USD EIA Refinery Crude Runs (WoW)     0.131M
15:30 USD Crude Oil Imports     -1.991M
15:30 USD Cushing Crude Oil Inventories     0.033M
15:30 USD Distillate Fuel Production     -0.038M
15:30 USD EIA Weekly Distillates Stocks   -0.900M -2.760M
15:30 USD Gasoline Production     -0.025M
15:30 USD Heating Oil Stockpiles     -0.714M
15:30 USD EIA Weekly Refinery Utilization Rates (WoW)     -0.2%
15:30 USD Gasoline Inventories   -1.400M -1.154M
17:30 USD Atlanta Fed GDPNow (Q1)     2.9% 2.9%
18:00 USD 5-Year Note Auction     4.235%
18:30 CAD BOC Summary of Deliberations      
18:30 BRL Foreign Exchange Flows     1.962B
22:00 KRW Manufacturing BSI Index (May)     74
GMT+1 Currency Event Actual Forecast Previous Imp.
00:00 KRW GDP (YoY) (Q1)     2.4% 2.2%
00:00 KRW GDP (QoQ) (Q1)     0.6% 0.6%
00:50 JPY Foreign Bonds Buying     -1,005.9B
00:50 JPY Foreign Investments in Japanese Stocks     1,740.0B
05:00 IDR M2 Money Supply (YoY) (Mar)     5.30%
06:00 JPY Coincident Indicator (MoM)     -1.2%
06:00 JPY Leading Index (MoM)   2.3% -0.4%
06:00 JPY Leading Index   111.8 109.5
07:00 EUR GfK German Consumer Climate (May)   -25.9 -27.4
07:00 NOK Unemployment Rate (Mar)     3.6%
07:45 EUR French Business Survey (Apr)     102
08:00 EUR Spanish PPI (YoY)     -8.2%
08:00 EUR ECB's Schnabel Speaks         
09:00 EUR ECB Economic Bulletin      
09:30 HKD Exports (MoM) (Mar)     -0.8%
09:30 HKD Imports (MoM) (Mar)     -1.8%
09:30 HKD Trade Balance     -41.7B
10:30 ZAR PPI (MoM) (Mar)     0.5%
10:30 ZAR PPI (YoY) (Mar)     4.5%
11:00 GBP CBI Distributive Trades Survey (Apr)   5 2
11:00 EUR France Jobseekers Total     2,811.9K
12:30 BRL Current Account (USD) (Mar)     -4.37B
12:30 BRL Foreign direct investment (USD) (Mar)     5.01B
13:00 BRL BCB National Monetary Council Meeting      
13:30 USD Continuing Jobless Claims     1,812K
13:30 USD Core PCE Prices (Q1)       2.00%
13:30 USD GDP (QoQ) (Q1)     2.5% 3.4%
13:30 USD GDP Price Index (QoQ) (Q1)     3.0% 1.7%
13:30 USD GDP Sales (Q1)       3.9%
13:30 USD Goods Trade Balance (Mar)     -91.20B -91.84B
13:30 USD Initial Jobless Claims   215K 212K
13:30 USD Jobless Claims 4-Week Avg.     214.50K
13:30 USD PCE Prices (Q1)       1.8%
13:30 USD Real Consumer Spending (Q1)     2.8% 3.3%
13:30 USD Retail Inventories Ex Auto (Mar)       0.4%
13:30 USD Wholesale Inventories (MoM)     0.2% 0.5%
13:30 CAD Average Weekly Earnings (YoY) (Feb)     3.90%
14:30 BRL Federal Tax Revenue     186.50B
15:00 USD Pending Home Sales (MoM) (Mar)   0.9% 1.6%
15:00 USD Pending Home Sales Index (Mar)     75.6
15:30 USD Natural Gas Storage     50B
16:00 USD KC Fed Composite Index (Apr)     -7
16:00 USD KC Fed Manufacturing Index (Apr)     -9
16:15 EUR German Buba President Nagel Speaks         
16:30 USD 4-Week Bill Auction     5.280%
16:30 USD 8-Week Bill Auction     5.275%
16:45 EUR German Buba Mauderer Speaks         
18:00 USD 7-Year Note Auction     4.185%
18:30 BRL Foreign Exchange Flows     1.962B
21:30 USD Fed's Balance Sheet     7,406B
21:30 USD Reserve Balances with Federal Reserve Banks     3.330T
GMT+1 Currency Event Actual Forecast Previous Imp.
00:01 GBP GfK Consumer Confidence (Apr)   -20 -21
00:30 JPY CPI Tokyo Ex Food & Energy (YoY) (Apr)   2.7% 2.9%
00:30 JPY Tokyo Core CPI (YoY) (Apr)   2.2% 2.4%
00:30 JPY Tokyo CPI (YoY) (Apr)   2.6% 2.6%
00:30 JPY CPI Tokyo Ex Food and Energy (MoM) (Apr)     0.2%
01:30 SGD URA Property Index (QoQ)     1.50%
02:30 AUD Export Price Index (QoQ) (Q1)     5.6%
02:30 AUD Import Price Index (QoQ) (Q1)   0.1% 1.1%
02:30 AUD PPI (YoY) (Q1)     4.1%
02:30 AUD PPI (QoQ) (Q1)     0.9%
03:30 JPY BoJ Monetary Policy Statement      
03:30 JPY BoJ Outlook Report (YoY)      
04:00 JPY BoJ Interest Rate Decision     0.10%
06:00 SGD Industrial Production (MoM) (Mar)   -8.8% 14.2%
06:00 SGD Industrial Production (YoY) (Mar)   -1.5% 3.8%
07:00 NOK Core Retail Sales (MoM) (Mar)     0.1%
07:30 JPY BoJ Press Conference         
07:45 EUR French Consumer Confidence (Apr)     91
08:00 EUR Spanish Retail Sales (YoY) (Mar)     1.9%
08:00 EUR Spanish Unemployment Rate (Q1)   11.70% 11.76%
09:00 CHF SNB Board Member Jordan Speaks         
09:00 EUR ECB's De Guindos Speaks         
09:00 EUR M3 Money Supply (YoY) (Mar)   0.5% 0.4%
09:00 EUR Loans to Non Financial Corporations (Mar)     0.4%
09:00 EUR Private Sector Loans (YoY)   0.3% 0.3%
12:30 INR FX Reserves, USD     643.16B
12:30 BRL Bank lending (MoM) (Mar)     0.2%
13:00 MXN Trade Balance (Mar)     -0.585B
13:00 MXN Trade Balance (USD) (Mar)     -1.610B
13:00 MXN Unemployment Rate (Mar)     2.60%
13:00 MXN Unemployment Rate n.s.a. (Mar)     2.50%
13:00 BRL Mid-Month CPI (YoY) (Apr)     4.14%
13:00 BRL Mid-Month CPI (MoM) (Apr)     0.36%
13:30 USD Core PCE Price Index (YoY) (Mar)   2.6% 2.8%
13:30 USD Core PCE Price Index (MoM) (Mar)   0.3% 0.3%
13:30 USD PCE Price index (YoY) (Mar)   2.6% 2.5%
13:30 USD PCE price index (MoM) (Mar)   0.3% 0.3%
13:30 USD Personal Income (MoM) (Mar)   0.5% 0.3%
13:30 USD Personal Spending (MoM) (Mar)   0.6% 0.8%
13:30 USD Real Personal Consumption (MoM) (Mar)     0.4%
13:30 CAD Manufacturing Sales (MoM)       0.7%
14:00 USD Dallas Fed PCE (Mar)     3.40%
15:00 USD Michigan 1-Year Inflation Expectations (Apr)   3.1% 2.9%
15:00 USD Michigan 5-Year Inflation Expectations (Apr)   3.0% 2.8%
15:00 USD Michigan Consumer Expectations (Apr)   77.0 77.4
15:00 USD Michigan Consumer Sentiment (Apr)   77.8 79.4
15:00 USD Michigan Current Conditions (Apr)   79.3 82.5
16:00 CAD Budget Balance (YoY) (Feb)     -25.70B
16:00 CAD Budget Balance (Feb)     -2.10B
17:30 USD Atlanta Fed GDPNow        
18:00 USD U.S. Baker Hughes Oil Rig Count     511
18:00 USD U.S. Baker Hughes Total Rig Count     619
18:00 BRL CAGED Net Payroll Jobs     306.11K
20:30 GBP CFTC GBP speculative net positions     8.6K
20:30 USD CFTC Aluminium speculative net positions     1.0K
20:30 USD CFTC Copper speculative net positions     47.6K
20:30 USD CFTC Corn speculative net positions     -204.9K
20:30 USD CFTC Crude Oil speculative net positions     290.5K
20:30 USD CFTC Gold speculative net positions     201.9K
20:30 USD CFTC Nasdaq 100 speculative net positions     8.5K
20:30 USD CFTC Natural Gas speculative net positions     -131.9K
20:30 USD CFTC S&P 500 speculative net positions     74.1K
20:30 USD CFTC Silver speculative net positions     53.4K
20:30 USD CFTC Soybeans speculative net positions     -171.9K
20:30 USD CFTC Wheat speculative net positions     -62.9K
20:30 CAD CFTC CAD speculative net positions     -82.8K
20:30 MXN CFTC MXN speculative net positions     127.7K
20:30 CHF CFTC CHF speculative net positions     -36.2K
20:30 AUD CFTC AUD speculative net positions     -101.1K
20:30 BRL CFTC BRL speculative net positions     0.9K
20:30 JPY CFTC JPY speculative net positions     -165.6K
20:30 NZD CFTC NZD speculative net positions     -11.7K
20:30 EUR CFTC EUR speculative net positions     12.2K
GMT+1 Currency Event Actual Forecast Previous Imp.
02:30 CNY Chinese Industrial profit YTD (Mar)     10.2%

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.


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


  • 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

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.

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. Your profit and loss will vary according to the extent of the fluctuations in the price of the underlying markets on which the trade is based. Read More
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