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.
23:30 AUD AIG Manufacturing Index (Jul) 53.5   51.5
GMT+1 Currency Event Actual Forecast Previous Imp.
00:50 JPY GDP (YoY)   -2.2% -4.1% -2.2%
00:50 JPY GDP (QoQ)   -0.6% -1.1% -0.6%
00:50 JPY GDP Capital Expenditure (QoQ)   1.7%   1.9%
00:50 JPY GDP External Demand (QoQ)   -0.2%   -0.2%
00:50 JPY GDP Price Index (YoY)   0.9%   0.9%
00:50 JPY GDP Private Consumption (QoQ)   -0.8%   -0.8%
01:30 KRW Nikkei Manufacturing PMI (Jul) 46.9   43.4
01:30 JPY Manufacturing PMI (Jul) 45.2 42.6 40.1
01:30 IDR Nikkei Manufacturing PMI (Jul) 46.9   39.1
02:00 AUD MI Inflation Gauge (MoM) 0.9%   0.6%
02:30 AUD ANZ Job Advertisements (MoM) 16.7%   41.4%
02:45 CNY Caixin Manufacturing PMI (Jul) 52.8 51.3 51.2
06:00 INR Nikkei Markit Manufacturing PMI (Jul) 46.0 47.8 47.2
07:30 CHF CPI (MoM) (Jul) -0.2% -0.4% 0.0%
07:30 CHF CPI (YoY) (Jul) -0.9% -1.1% -1.3%
08:15 EUR Spanish Manufacturing PMI (Jul) 53.5 52.0 49.0
08:30 CHF procure.ch PMI (Jul) 49.2 51.0 41.9
08:45 EUR Italian Manufacturing PMI (Jul) 51.9 51.2 47.5
08:50 EUR French Manufacturing PMI (Jul) 52.4 52.0 52.0
08:55 EUR German Manufacturing PMI (Jul) 51.0 50.0 45.2
08:58 IDR Inflation (YoY) (Jul) 1.54% 1.66% 1.96%
08:59 IDR Core Inflation (YoY) (Jul) 2.07% 2.11% 2.26%
08:59 IDR Inflation (MoM) (Jul) -0.10% 0.03% 0.18%
09:00 NOK Manufacturing PMI (Jul) 43.3   48.8
09:00 EUR Manufacturing PMI (Jul) 51.8 51.1 47.4
09:30 GBP Manufacturing PMI (Jul) 53.3 53.6 50.1
10:00 ZAR Manufacturing PMI 51.2   53.9
12:25 BRL BCB Focus Market Readout      
13:00 ZAR Total Vehicle Sales (Jul) 32.40K   31.64K
13:00 ZAR Total Vehicle Sales (YoY) (Jul) -29.60%   -30.70%
14:00 EUR French 12-Month BTF Auction -0.560%   -0.556%
14:00 EUR French 3-Month BTF Auction -0.574%   -0.565%
14:00 EUR French 6-Month BTF Auction -0.590%   -0.562%
14:00 BRL Markit Manufacturing PMI (Jul) 58.2   51.6
14:00 SGD Manufacturing PMI (Jul) 50.2   48.0
14:45 USD Manufacturing PMI (Jul) 50.9 51.3 49.8
15:00 USD Construction Spending (MoM) (Jun) -0.7% 1.0% -1.7%
15:00 USD ISM Manufacturing Employment (Jul) 44.3 48.3 42.1
15:00 USD ISM Manufacturing New Orders Index (Jul) 61.5   56.4
15:00 USD ISM Manufacturing PMI (Jul) 54.2 53.6 52.6
15:00 USD ISM Manufacturing Prices (Jul) 53.2 52.0 51.3
15:30 MXN Manufacturing PMI (Jul) 40.40   38.60
16:30 USD 3-Month Bill Auction 0.100%   0.105%
16:30 USD 6-Month Bill Auction 0.105%   0.130%
17:30 USD FOMC Member Bullard Speaks         
19:00 USD Loan Officer Survey      
19:00 BRL Trade Balance (Jul) 8.06B 8.10B 7.50B
GMT+1 Currency Event Actual Forecast Previous Imp.
00:00 USD Total Vehicle Sales 14.50M   13.10M
00:00 KRW CPI (MoM) (Jul) 0.0% 0.1% 0.2%
00:00 KRW CPI (YoY) (Jul) 0.3% 0.4% 0.0%
00:30 JPY Tokyo Core CPI (YoY) (Jul) 0.4% 0.2% 0.2%
00:30 JPY Tokyo CPI (YoY) (Jul) 0.6%   0.3%
00:30 JPY CPI Tokyo Ex Food and Energy (MoM) (Jul) 0.2%   -0.2%
00:50 JPY Monetary Base (YoY) 9.8%   6.0%
02:00 AUD Exports (MoM) (Jun) 3%   -4%
02:00 AUD Imports (MoM) (Jun) 1%   -6%
02:00 AUD Trade Balance (Jun) 8.202B 8.800B 8.025B
02:30 AUD Retail Sales (MoM) (Jun) 2.7% 2.4% 16.9%
02:30 AUD Retail Sales (QoQ) (Q2) -3.4% -3.2% 0.7%
04:24 IDR Loans (YoY) (Jun) 1.49%   3.04%
04:35 JPY 10-Year JGB Auction 0.018%   0.058%
05:30 AUD RBA Interest Rate Decision (Aug) 0.25% 0.25% 0.25%
05:30 AUD RBA Rate Statement      
06:45 CHF SECO Consumer Climate (Q3) -30   -56
07:00 IDR Loans (YoY) 1.49%   3.04%
07:30 AUD Commodity Prices (YoY) -12.0%   -10.6%
07:45 EUR French Government Budget Balance (Jun) -124.9B   -117.9B
08:00 EUR Spanish Unemployment Change -89.8K   5.1K
09:00 BRL IPC-Fipe Inflation Index (MoM) (Jul) 0.25% 0.33% 0.39%
10:00 EUR PPI (YoY) (Jun) -3.7% -3.9% -5.0%
10:00 EUR PPI (MoM) (Jun) 0.7% 0.5% -0.6%
13:00 BRL Industrial Production (MoM) (Jun) 8.9% 7.7% 8.2%
13:00 BRL Industrial Production (YoY) (Jun) -9.0% -10.2% -21.8%
13:55 USD Redbook (YoY) -7.1%   -8.7%
13:55 USD Redbook (MoM) 1.1%   1.1%
14:00 USD All Car Sales (Jul) 3.50M   2.97M
14:00 USD All Truck Sales (Jul) 11.02M   10.10M
14:30 CAD RBC Manufacturing PMI (Jul) 52.9   47.8
14:45 USD ISM NY Business Conditions (Jul) 53.5%   39.5%
14:45 USD ISM-New York Index (Jul) 807.8   806.0
15:00 USD Durables Excluding Defense (MoM) (Jun) 9.5%   9.2%
15:00 USD Factory Orders (MoM) (Jun) 6.2% 5.0% 7.7%
15:00 USD Factory orders ex transportation (MoM) (Jun) 4.4%   2.6%
15:00 USD IBD/TIPP Economic Optimism 46.8   44.0
16:20 NZD GlobalDairyTrade Price Index -5.1%   -0.7%
20:30 MXN Fiscal Balance (May) -145.05B   -100.87B
21:30 USD API Weekly Crude Oil Stock -8.587M -3.300M -6.829M
22:00 KRW FX Reserves - USD (Jul) 416.53B   410.75B
23:30 AUD AIG Construction Index (Jul) 42.7   35.5
23:45 NZD Employment Change (QoQ) (Q2) -0.4% -2.0% 0.7%
23:45 NZD Labor Cost Index (QoQ) (Q2) 0.2% 0.3% 0.3%
23:45 NZD Labor Cost Index (YoY) (Q2) 1.8% 1.9% 2.4%
23:45 NZD Participation Rate (Q2) 69.70% 69.80% 70.50%
23:45 NZD Unemployment Rate (Q2) 4.0% 5.8% 4.2%
GMT+1 Currency Event Actual Forecast Previous Imp.
00:00 AUD Services PMI 58.2 58.5 53.1
01:30 JPY Services PMI (Jul) 45.4 45.2 45.0
01:30 HKD Manufacturing PMI (Jul) 44.5   49.6
02:00 NZD ANZ Commodity Price Index (MoM) 2.3%   -0.8%
02:30 AUD Home Loans (MoM) 5.5%   -10.2%
02:30 AUD Invest Housing Finance (MoM) 8.1%   -15.6%
02:30 AUD RBA Chart Pack Release      
02:45 CNY Caixin Services PMI (Jul) 54.1   58.4
02:45 CNY Chinese Composite PMI (Jul) 54.5   54.2
05:10 IDR GDP (YoY) (Q2) -5.32% -4.61% 2.97%
05:11 IDR GDP (QoQ) (Q2) -4.19% -3.49% -2.41%
06:00 INR Nikkei Services PMI (Jul) 34.2 38.8 33.7
06:00 SGD Retail Sales (MoM) (Jun) 51.1%   -21.4%
06:00 SGD Retail Sales (YoY) (Jun) -27.8%   -52.0%
08:15 EUR Spanish Services PMI (Jul) 51.9 52.0 50.2
08:15 ZAR South Africa Standard Bank PMI (Jul) 44.9   42.5
08:45 EUR Italian Composite PMI (Jul) 52.5   47.6
08:45 EUR Italian Services PMI (Jul) 51.6 51.1 46.4
08:50 EUR French Markit Composite PMI (Jul) 57.3 57.6 51.7
08:50 EUR French Services PMI (Jul) 57.3 57.8 50.7
08:55 EUR German Composite PMI (Jul) 55.3 55.5 47.0
08:55 EUR German Services PMI (Jul) 55.6 56.7 47.3
09:00 EUR Markit Composite PMI (Jul) 54.9 54.8 48.5
09:00 EUR Services PMI (Jul) 54.7 55.1 48.3
09:30 GBP Composite PMI (Jul) 57.0 57.1 47.7
09:30 GBP Services PMI (Jul) 56.5 56.6 47.1
10:00 NOK House Price Index (YoY) (Jul) 5.00%   3.50%
10:00 EUR Retail Sales (MoM) (Jun) 5.7% 5.9% 20.3%
10:00 EUR Retail Sales (YoY) (Jun) 1.3% -0.5% -3.1%
10:40 EUR German 5-Year Bobl Auction -0.720%   -0.660%
10:45 GBP 10-Year Treasury Gilt Auction 0.138%   0.197%
11:30 EUR Spanish Consumer Confidence 53.1   60.7
12:00 USD MBA 30-Year Mortgage Rate 3.14%   3.20%
12:00 USD MBA Mortgage Applications (WoW) -5.1%   -0.8%
12:00 USD MBA Purchase Index 300.7   306.1
12:00 USD Mortgage Market Index 798.8   841.9
12:00 USD Mortgage Refinance Index 3,688.1   3,955.9
13:00 JPY BoJ Governor Kuroda Speaks         
13:15 USD ADP Nonfarm Employment Change (Jul) 167K 1,500K 4,314K
13:30 USD Exports 158.25B   144.69B
13:30 USD Imports 208.95B   199.49B
13:30 USD Trade Balance (Jun) -50.70B -50.10B -54.80B
13:30 CAD Exports (Jun) 39.71B 38.80B 33.90B
13:30 CAD Imports (Jun) 42.90B 41.30B 35.23B
13:30 CAD Trade Balance (Jun) -3.19B -0.90B -1.33B
14:00 BRL Markit Composite PMI (Jul) 47.3   40.5
14:00 BRL Markit Services PMI (Jul) 42.5   35.9
14:30 USD Seevol Cushing Storage Report 0.607M   0.426M
14:45 USD Markit Composite PMI (Jul) 50.3 50.0 47.9
14:45 USD Services PMI (Jul) 50.0 49.6 47.9
15:00 USD ISM Non-Manufacturing Business Activity (Jul) 67.2 60.0 66.0
15:00 USD ISM Non-Manufacturing Employment (Jul) 42.1   43.1
15:00 USD ISM Non-Manufacturing New Orders (Jul) 67.7   61.6
15:00 USD ISM Non-Manufacturing PMI (Jul) 58.1 55.0 57.1
15:00 USD ISM Non-Manufacturing Prices (Jul) 57.6   62.4
15:30 USD Crude Oil Inventories -7.373M -3.001M -10.612M
15:30 USD EIA Refinery Crude Runs (WoW) 0.042M   0.389M
15:30 USD Crude Oil Imports 1.256M   -1.013M
15:30 USD Cushing Crude Oil Inventories 0.532M 0.607M 1.309M
15:30 USD Distillate Fuel Production 0.126M   0.020M
15:30 USD EIA Weekly Distillates Stocks 1.592M 0.279M 0.503M
15:30 USD Gasoline Production 0.142M   0.079M
15:30 USD Heating Oil Stockpiles 0.044M   -0.127M
15:30 USD EIA Weekly Refinery Utilization Rates (WoW) 0.1% 0.3% 1.6%
15:30 USD Gasoline Inventories 0.419M -0.170M 0.654M
18:30 BRL Foreign Exchange Flows -3.282B   -4.190B
22:00 USD FOMC Member Mester Speaks         
22:00 BRL Interest Rate Decision 2.00% 2.00% 2.25%
GMT+1 Currency Event Actual Forecast Previous Imp.
00:00 KRW Current Account (Jun) 6.88B   2.29B
00:50 JPY Foreign Bonds Buying 1,146.4B   -524.3B
00:50 JPY Foreign Investments in Japanese Stocks -578.6B   109.5B
04:00 NZD Inflation Expectations (QoQ) 1.4%   1.2%
04:05 IDR Consumer Confidence (Jul) 86.2   83.8
07:00 GBP BoE Financial Stability Report      
07:00 GBP BoE Inflation Report      
07:00 GBP BoE MPC vote cut (Jul) 0   0
07:00 GBP BoE MPC vote hike (Jul) 0   0
07:00 GBP BoE MPC vote unchanged (Jul) 9 9 9
07:00 GBP BoE QE Total (Jul) 725B 745B 745B
07:00 GBP BoE Interest Rate Decision (Jul) 0.10% 0.10% 0.10%
07:00 GBP BoE MPC Meeting Minutes      
07:00 EUR German Factory Orders (MoM) (Jun) 27.9% 10.1% 10.4%
07:15 INR Cash Reserve Ratio 3.00% 3.00% 3.00%
07:15 INR Interest Rate Decision 4.00% 3.75% 4.00%
07:15 INR Reverse REPO Rate 3.35% 3.10% 3.35%
07:30 GBP BoE Gov Bailey Speaks         
08:30 EUR IHS Markit Construction PMI (Jul) 47.1   41.3
09:00 EUR Italian Industrial Production (YoY) (Jun) -13.7% -16.8% -20.5%
09:00 EUR Italian Industrial Production (MoM) (Jun) 8.2% 5.1% 41.6%
09:30 GBP Construction PMI (Jul) 58.1 57.0 55.3
10:00 EUR French 10-Year OAT Auction -0.27%   -0.09%
10:00 EUR Spanish 10-Year Obligacion Auction 0.263%   0.451%
10:00 EUR Spanish 3-Year Bonos Auction -0.392%   -0.242%
10:00 BRL IGP-DI Inflation Index (MoM) (Jul) 2.34% 2.19% 1.60%
12:00 MXN Gross Fixed Investments (YoY) (May) -39.70% -39.50% -36.90%
12:00 MXN Gross Fixed Investments (MoM) (May) -4.50%   -28.90%
12:30 GBP BoE Gov Bailey Speaks         
12:30 USD Challenger Job Cuts (Jul) 262.649K   170.219K
12:30 USD Challenger Job Cuts (YoY) 576.1%   305.5%
13:00 BRL Unemployment Rate 13.3% 13.2% 12.9%
13:30 USD Continuing Jobless Claims 16,107K 16,720K 16,951K
13:30 USD Initial Jobless Claims 1,186K 1,415K 1,435K
13:30 USD Jobless Claims 4-Week Avg. 1,337.75K   1,368.75K
15:00 USD FOMC Member Kaplan Speaks         
15:30 USD Natural Gas Storage 33B 30B 26B
16:30 USD 4-Week Bill Auction 0.080%   0.090%
16:30 USD 8-Week Bill Auction 0.100%   0.095%
17:00 USD FOMC Member Brainard Speaks         
17:00 EUR German Buba Beermann Speaks         
23:30 AUD AIG Services Index (Jul) 44.0   31.5
GMT+1 Currency Event Actual Forecast Previous Imp.
00:30 JPY Average Cash Earnings (YoY) -1.7%   -2.3%
00:30 JPY Household Spending (YoY) (Jun) -1.2% -7.5% -16.2%
00:30 JPY Household Spending (MoM) (Jun) 13.0% 7.5% -0.1%
00:30 JPY Overall wage income of employees (Jun) -1.7%   -2.3%
00:30 JPY Overtime Pay (YoY) (Jun) -24.60%   -26.30%
00:50 JPY Foreign Reserves (USD) (Jul) 1,402.5B   1,383.2B
02:30 AUD RBA Monetary Policy Statement      
02:45 AUD RBA Assist Gov Ellis Speaks         
04:01 IDR FX Reserves (USD) (Jul) 135.10B   131.70B
04:14 CNY Exports (YoY) (Jul) 7.2% -0.2% 0.5%
04:14 CNY Imports (YoY) (Jul) -1.4% 1.0% 2.7%
04:15 CNY Trade Balance (USD) (Jul) 62.33B 42.00B 46.42B
06:00 JPY Coincident Indicator (MoM) (Jun)   3.5%   -6.4%
06:00 JPY Leading Index (MoM) (Jun) 6.7%   0.7%
06:00 JPY Leading Index   85.0   78.4
07:00 EUR Gemran Current Account Balance n.s.a (Jun) 22.4B   7.0B
07:00 EUR German Exports (MoM) (Jun) 14.9% 13.3% 8.9%
07:00 EUR German Imports (MoM) (Jun) 7.0% 10.9% 3.6%
07:00 EUR German Industrial Production (MoM) (Jun) 8.9% 8.1% 7.4%
07:00 EUR German Trade Balance (Jun) 14.5B 10.1B 7.5B
07:00 NOK Manufacturing Production (MoM) (Jun) 0.4%   -3.0%
07:00 NOK Credit Indicator (YoY) (Jun) 4.5%   4.6%
07:00 ZAR Foreign Reserves (USD) (Jul) 57.88B   52.32B
07:00 ZAR Net FX Reserves (USD) (Jul) 48.114B   45.738B
07:45 EUR French Current Account (Jun) -8.40B   -8.20B
07:45 EUR French Exports (Jun) 32.4B   27.7B
07:45 EUR French Imports (Jun) 40.4B   35.2B
07:45 EUR French Industrial Production (MoM) (Jun) 12.7% 8.9% 19.9%
07:45 EUR French Non-Farm Payrolls (QoQ) (Q2)   -0.6%   -2.5%
07:45 EUR French Reserve Assets Total (Jul) 200,385.0M   197,166.0M
07:45 EUR French Trade Balance (Jun) -8.0B   -7.5B
08:00 EUR Spanish Industrial Production (YoY) (Jun) -14.0% -15.4% -24.7%
08:30 GBP Halifax House Price Index (YoY) 3.8%   2.5%
08:30 GBP Halifax House Price Index (MoM) (Jul) 1.6%   -0.1%
09:00 EUR Italian Trade Balance (Jun) 6.232B   5.584B
09:00 EUR Italian Trade Balance EU (Jun) 1.56B   1.51B
09:00 CNY FX Reserves (USD) 3.154T 3.125T 3.112T
09:30 HKD Foreign Reserves (USD) (Jul) 450.00B   445.90B
10:00 SGD Foreign Reserves USD (MoM) (Jul) 321.4B   312.5B
12:00 MXN Core CPI (MoM) (Jul)   0.40% 0.37%
12:00 MXN CPI (YoY) (Jul)   3.61% 3.33%
12:00 MXN CPI (MoM) (Jul)   0.65% 0.55%
12:30 INR FX Reserves, USD     522.63B
13:30 USD Average Hourly Earnings (MoM) (Jul)   -0.5% -1.2%
13:30 USD Average Hourly Earnings (YoY) (YoY) (Jul)   4.1% 5.0%
13:30 USD Average Weekly Hours (Jul)   34.4 34.5
13:30 USD Government Payrolls (Jul)     33.0K
13:30 USD Manufacturing Payrolls (Jul)   253K 356K
13:30 USD Nonfarm Payrolls (Jul)   1,600K 4,800K
13:30 USD Participation Rate (Jul)     61.5%
13:30 USD Private Nonfarm Payrolls (Jul)   1,474K 4,767K
13:30 USD U6 Unemployment Rate (Jul)     18.0%
13:30 USD Unemployment Rate (Jul)   10.5% 11.1%
13:30 CAD Employment Change (Jul)   400.0K 952.9K
13:30 CAD Full Employment Change (Jul)     488.1K
13:30 CAD Part Time Employment Change (Jul)     464.8K
13:30 CAD Participation Rate (Jul)   64.4% 63.8%
13:30 CAD Unemployment Rate (Jul)   11.0% 12.3%
14:00 BRL CPI (YoY) (Jul)   2.31% 2.13%
14:00 BRL CPI (MoM) (Jul)   0.35% 0.26%
14:00 BRL Brazilian IPCA Inflation Index SA (MoM) (Jul)     0.31%
15:00 USD Wholesale Inventories (MoM)   -2.0% -1.2%
15:00 USD Wholesale Trade Sales (MoM) (Jun)   4.9% 5.4%
15:00 CAD Ivey PMI n.s.a (Jul)     62.9
15:00 CAD Ivey PMI (Jul)   57.5 58.2
15:00 BRL Auto Production (MoM)     129.1%
15:00 BRL Auto Sales (MoM)     113.6%
16:30 ZAR Business Confidence     77.8
20:00 USD Consumer Credit (Jun)   10.00B -18.28B
20:30 GBP CFTC GBP speculative net positions     -25.4K
20:30 USD CFTC Aluminium speculative net positions     157.6K
20:30 USD CFTC Copper speculative net positions     42.5K
20:30 USD CFTC Corn speculative net positions     -102.4K
20:30 USD CFTC Crude Oil speculative net positions     532.6K
20:30 USD CFTC Gold speculative net positions     236.8K
20:30 USD CFTC Nasdaq 100 speculative net positions     24.1K
20:30 USD CFTC Natural Gas speculative net positions     -18.7K
20:30 USD CFTC S&P 500 speculative net positions     -39.2K
20:30 USD CFTC Silver speculative net positions     27.3K
20:30 USD CFTC Soybeans speculative net positions     113.0K
20:30 USD CFTC Wheat speculative net positions     16.7K
20:30 CAD CFTC CAD speculative net positions     -12.5K
20:30 MXN CFTC MXN speculative net positions     10.9K
20:30 CHF CFTC CHF speculative net positions     8.4K
20:30 AUD CFTC AUD speculative net positions     -5.0K
20:30 BRL CFTC BRL speculative net positions     -10.7K
20:30 JPY CFTC JPY speculative net positions     28.5K
20:30 NZD CFTC NZD speculative net positions     -0.8K
20:30 EUR CFTC EUR speculative net positions     157.6K

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.

 

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.
 

CFDs and Spot FX are complex instruments and come with a high risk of losing money rapidly due to leverage. 78.03% 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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