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.
09:00 EUR German Business Expectations (Jan) 92.9 95.0 93.9
09:00 EUR German Current Assessment (Jan) 99.1 99.2 98.8
09:00 EUR German Ifo Business Climate Index (Jan) 95.9 97.0 96.3
09:30 GBP Gross Mortgage Approvals 46.8K   44.1K
11:00 EUR France Jobseekers Total 3,292.9K   3,302.9K
11:25 BRL BCB Focus Market Readout      
12:00 MXN Retail Sales (MoM) (Nov) 1.7% -0.1% -2.3%
12:00 MXN Retail Sales (YoY) (Nov) 2.1% 2.2% 0.4%
12:30 BRL Current Account (USD) (Dec) -5.69B   -2.16B
12:30 BRL Foreign direct investment (USD) (Dec) 9.43B   6.99B
14:00 EUR French 12-Month BTF Auction     -0.576%
14:00 EUR French 3-Month BTF Auction     -0.580%
14:00 EUR French 6-Month BTF Auction     -0.576%
14:30 USD FOMC Member Williams Speaks         
15:00 USD New Home Sales (Dec)   730K 719K
15:00 USD New Home Sales (MoM) (Dec)   1.5% 1.3%
15:30 USD Dallas Fed Mfg Business Index (Jan)   -3.1 -3.2
16:30 USD 3-Month Bill Auction     1.530%
16:30 USD 6-Month Bill Auction     1.520%
18:00 USD 2-Year Note Auction     1.653%
18:00 USD 5-Year Note Auction     1.756%
23:50 JPY Corporate Services Price Index (CSPI) (YoY)     2.1%
GMT Currency Event Actual Forecast Previous Imp.
00:30 AUD NAB Business Confidence (Dec)   1 0
00:30 AUD NAB Business Survey (Dec)     4
05:00 JPY BoJ Core CPI (YoY)     0.2%
07:00 CHF Trade Balance (Dec)     3.915B
08:00 EUR Spanish Unemployment Rate (Q4)   14.00% 13.92%
09:30 IDR Car Sales (YoY)     -9.90%
10:45 GBP 10-Year Treasury Gilt Auction     0.794%
11:00 GBP CBI Distributive Trades Survey (Jan)   3 0
12:00 MXN Trade Balance (Dec)   0.138B 0.790B
12:00 MXN Trade Balance (USD) (Dec)     0.545B
13:30 USD Core Durable Goods Orders (MoM) (Dec)   0.2% -0.1%
13:30 USD Durable Goods Orders (MoM) (Dec)   0.3% -2.1%
13:30 USD Durables Excluding Defense (MoM) (Dec)     0.7%
13:30 USD Goods Orders Non Defense Ex Air (MoM) (Dec)   0.2% 0.2%
13:55 USD Redbook (YoY)     5.3%
13:55 USD Redbook (MoM)     0.0%
14:00 USD S&P/CS HPI Composite - 20 s.a. (MoM) (Nov)   0.4% 0.4%
14:00 USD S&P/CS HPI Composite - 20 n.s.a. (MoM) (Nov)     0.1%
14:00 USD S&P/CS HPI Composite - 20 n.s.a. (YoY) (Nov)   2.4% 2.2%
14:30 USD FOMC Member Williams Speaks         
15:00 USD CB Consumer Confidence (Jan)   128.0 126.5
15:00 USD Richmond Manufacturing Index (Jan)   9 -5
15:00 USD Richmond Manufacturing Shipments (Jan)     -6
15:00 USD Richmond Services Index (Jan)     17
15:30 USD Dallas Fed Services Revenues (Jan)     17.9
15:30 USD Texas Services Sector Outlook (Jan)     13.5
16:30 USD 52-Week Bill Auction     1.550%
18:00 USD 7-Year Note Auction     1.835%
21:00 KRW Consumer Confidence (Jan)   97.5 100.4
21:30 USD API Weekly Crude Oil Stock     1.600M
23:50 JPY BoJ Summary of Opinions      
GMT Currency Event Actual Forecast Previous Imp.
00:01 GBP BRC Shop Price Index (YoY)     -0.4%
00:30 AUD CPI (YoY) (Q4)   1.7% 1.7%
00:30 AUD CPI (QoQ) (Q4)   0.6% 0.5%
00:30 AUD CPI Index Number (Q4)     115.40
00:30 AUD Trimmed Mean CPI (QoQ) (Q4)   0.4% 0.4%
00:30 AUD Trimmed Mean CPI (YoY) (Q4)   1.5% 1.6%
00:30 AUD Weighted mean CPI (QoQ) (Q4)   0.4% 0.3%
00:30 AUD Weighted mean CPI (YoY) (Q4)   1.3% 1.2%
05:00 JPY Household Confidence (Jan)   40.8 39.1
06:00 IDR Foreign Direct Investment (YoY)     17.80%
07:00 GBP Nationwide HPI (YoY) (Jan)   1.5% 1.4%
07:00 GBP Nationwide HPI (MoM) (Jan)   0.3% 0.1%
07:00 EUR German Import Price Index (MoM) (Dec)   0.3% 0.5%
07:00 EUR German Import Price Index (YoY) (Dec)   -0.6% -2.1%
07:00 EUR GfK German Consumer Climate (Feb)   9.6 9.6
07:45 EUR French Consumer Confidence (Jan)   102 102
08:00 EUR Spanish Retail Sales (YoY) (Dec)   2.2% 2.9%
09:00 EUR Italian Business Confidence (Jan)   99.3 99.1
09:00 EUR Italian Consumer Confidence (Jan)   110.5 110.8
09:00 CHF ZEW Expectations (Jan)     12.5
09:00 EUR M3 Money Supply (YoY) (Dec)   5.5% 5.6%
09:00 EUR Loans to Non Financial Corporations (Dec)     3.4%
10:00 EUR Italian PPI (YoY) (Dec)   -2.4% -2.5%
10:00 EUR Italian PPI (MoM) (Dec)   -0.1% -0.2%
10:40 EUR German 5-Year Bobl Auction     -0.600%
10:45 EUR Italian 6-Month BOT Auction     -0.221%
11:30 INR M3 Money Supply     10.1%
12:00 USD MBA 30-Year Mortgage Rate     3.87%
12:00 USD MBA Mortgage Applications (WoW)     -1.2%
12:00 USD MBA Purchase Index     297.8
12:00 USD Mortgage Market Index     606.2
12:00 USD Mortgage Refinance Index     2,401.5
13:30 USD Goods Trade Balance (Dec)     -68.75B -62.99B
13:30 USD Retail Inventories Ex Auto (Dec)     -0.2%
13:30 USD Wholesale Inventories (MoM)       -0.1%
13:30 BRL Bank lending (MoM) (Dec)     1.1%
15:00 USD Pending Home Sales (MoM) (Dec)   0.5% 1.2%
15:00 USD Pending Home Sales Index (Dec)     108.5
15:30 USD Crude Oil Inventories     -0.405M
15:30 USD EIA Refinery Crude Runs (WoW)     -0.116M
15:30 USD Crude Oil Imports     -0.053M
15:30 USD Cushing Crude Oil Inventories     -0.961M
15:30 USD Distillate Fuel Production     -0.251M
15:30 USD EIA Weekly Distillates Stocks   1.014M -1.185M
15:30 USD Gasoline Production     0.254M
15:30 USD Heating Oil Stockpiles     0.142M
15:30 USD EIA Weekly Refinery Utilization Rates (WoW)   -0.6% -1.7%
15:30 USD Gasoline Inventories   3.090M 1.745M
19:00 USD FOMC Statement      
19:00 USD Fed Interest Rate Decision   1.75% 1.75%
19:30 USD FOMC Press Conference         
21:00 KRW Manufacturing BSI Index (Feb)     75
21:45 NZD Exports (Dec)     5.23B
21:45 NZD Imports (Dec)     5.98B
21:45 NZD Trade Balance (YoY) (Dec)     -4,820M
21:45 NZD Trade Balance (MoM) (Dec)     -753M
23:50 JPY Foreign Bonds Buying     175.1B
23:50 JPY Foreign Investments in Japanese Stocks     263.8B
GMT Currency Event Actual Forecast Previous Imp.
00:30 AUD Export Price Index (QoQ) (Q4)   -5.4% 1.3%
00:30 AUD Import Price Index (QoQ) (Q4)   0.0% 0.4%
06:00 ZAR M3 Money Supply (YoY) (Dec)   7.20% 7.35%
06:00 ZAR Private Sector Credit (Dec)   6.40% 6.60%
07:00 EUR German Import Price Index (MoM) (Dec)   0.3% 0.5%
07:00 EUR German Import Price Index (YoY) (Dec)   -0.6% -2.1%
07:00 JPY BOJ Deputy Governor Amamiya Speaks         
07:00 NOK Core Retail Sales (MoM) (Dec)   -0.6% 1.0%
08:00 CHF KOF Leading Indicators (Jan)   97.0 96.4
08:30 HKD Exports (MoM) (Dec)     -1.4%
08:30 HKD Imports (MoM) (Dec)     -5.8%
08:30 HKD Trade Balance     -26.2B
08:55 EUR German Unemployment Change (Jan)   5K 8K
08:55 EUR German Unemployment Rate (Jan)   5.0% 5.0%
08:55 EUR German Unemployment (Jan)     2.279M
08:55 EUR German Unemployment n.s.a. (Jan)   2.426M 2.227M
09:00 EUR Italian Monthly Unemployment Rate (Dec)   9.7% 9.7%
09:30 GBP BoE Consumer Credit (Dec)   1.000B 0.563B
09:30 GBP M4 Money Supply (MoM) (Dec)     0.8%
09:30 GBP Mortgage Lending (Dec)   3.90B 4.05B
09:30 ZAR PPI (YoY) (Dec)   3.4% 2.3%
09:30 ZAR PPI (MoM) (Dec)   0.2% -0.3%
10:00 EUR Business and Consumer Survey (Jan)   101.8 101.5
10:00 EUR Business Climate (Jan)   -0.20 -0.25
10:00 EUR Consumer Confidence (Jan)   -8.1 -8.1
10:00 EUR Consumer Inflation Expectation (Jan)     20.5
10:00 EUR Selling Price Expectations (Jan)     1.9
10:00 EUR Services Sentiment (Jan)   11.2 11.4
10:00 EUR Industrial Sentiment (Jan)   -8.8 -9.3
10:00 EUR Unemployment Rate (Dec)   7.5% 7.5%
10:45 EUR Italian 10-Year BTP Auction     1.35%
10:45 EUR Italian 5-Year BTP Auction     0.61%
11:00 BRL IGP-M Inflation Index (MoM) (Jan)   2.12% 2.09%
11:30 EUR Spanish Business Confidence     -1.9
12:00 GBP BoE Inflation Report      
12:00 GBP BoE MPC vote cut (Jan)   3 2
12:00 GBP BoE MPC vote hike (Jan)     0
12:00 GBP BoE MPC vote unchanged (Jan)   6 7
12:00 GBP BoE QE Total (Jan)   435B 435B
12:00 GBP BoE Interest Rate Decision (Jan)   0.75% 0.75%
12:00 GBP BoE MPC Meeting Minutes      
12:00 MXN GDP (QoQ)       0.0%
12:00 MXN GDP (YoY)       -0.3%
12:30 GBP BoE Gov Carney Speaks         
13:00 EUR German CPI (YoY) (Jan)     1.7% 1.5%
13:00 EUR German CPI (MoM) (Jan)     -0.6% 0.5%
13:00 EUR German HICP (YoY) (Jan)     1.7% 1.5%
13:00 EUR German HICP (MoM) (Jan)     -0.8% 0.6%
13:30 USD Continuing Jobless Claims   1,733K 1,731K
13:30 USD Core PCE Prices (Q4)     1.70% 2.10%
13:30 USD GDP (QoQ) (Q4)     2.1% 2.1%
13:30 USD GDP Price Index (QoQ) (Q4)     1.8% 1.7%
13:30 USD GDP Sales (Q4)   2.1% 2.1%
13:30 USD Initial Jobless Claims   215K 211K
13:30 USD Jobless Claims 4-Week Avg.     213.25K
13:30 USD PCE Prices (Q4)   1.7% 1.5%
13:30 USD Real Consumer Spending (Q4)     3.2%
15:30 USD Natural Gas Storage     -92B
16:30 USD 4-Week Bill Auction     1.500%
16:30 USD 8-Week Bill Auction     1.540%
18:00 EUR German Buba President Weidmann Speaks         
21:00 MXN Fiscal Balance (Dec)     -13.12B
23:00 KRW Industrial Production (MoM) (Dec)   0.5% -0.5%
23:00 KRW Industrial Production (YoY) (Dec)     -0.3%
23:00 KRW Retail Sales (MoM)     3.0%
23:00 KRW Service Sector Output (MoM) (Dec)     1.4%
23:30 JPY Jobs/applications ratio (Dec)   1.56 1.57
23:30 JPY Tokyo Core CPI (YoY) (Jan)   0.8% 0.8%
23:30 JPY Tokyo CPI (YoY) (Jan)     0.9%
23:30 JPY CPI Tokyo Ex Food and Energy (MoM) (Jan)     0.1%
23:30 JPY Unemployment Rate (Dec)   2.3% 2.2%
23:50 JPY Industrial Production (MoM) (Dec)     0.7% -1.0%
23:50 JPY Industrial Production forecast 1m ahead (MoM) (Jan)     2.8%
23:50 JPY Industrial Production forecast 2m ahead (MoM) (Feb)     2.5%
23:50 JPY Retail Sales (YoY) (Dec)   -1.8% -2.1%
GMT Currency Event Actual Forecast Previous Imp.
00:01 GBP GfK Consumer Confidence (Jan)   -9 -11
00:30 AUD Housing Credit (Dec)     0.2%
00:30 AUD PPI (QoQ) (Q4)     0.4%
00:30 AUD PPI (YoY) (Q4)     1.6%
00:30 AUD Private Sector Credit (MoM) (Dec)     0.3%
01:00 CNY Chinese Composite PMI (Jan)     53.4
01:00 CNY Manufacturing PMI (Jan)   50.0 50.2
01:00 CNY Non-Manufacturing PMI (Jan)     53.5
02:00 SGD Bank Lending (Dec)     692.7B
02:30 SGD Unemployment Rate (Q4)     2.3%
03:00 IDR M2 Money Supply (YoY)     7.10%
05:00 JPY Construction Orders (YoY)     -1.2%
05:00 JPY Housing Starts (YoY) (Dec)   -11.5% -12.7%
05:00 SGD Business Expectations (Q4)     -5.00
06:30 EUR French GDP (QoQ) (Q4)     0.2% 0.3%
07:00 EUR German Retail Sales (YoY) (Dec)   5.0% 2.8%
07:00 EUR German Retail Sales (MoM) (Dec)   -0.5% 2.1%
07:00 NOK Credit Indicator (YoY) (Dec)   5.4% 5.6%
07:30 CHF Retail Sales (YoY) (Dec)     0.0%
07:45 EUR French Consumer Spending (MoM) (Dec)   -0.1% 0.1%
07:45 EUR French CPI (MoM)       0.5%
07:45 EUR French CPI (YoY)       1.5%
07:45 EUR French HICP (MoM)       0.5%
07:45 EUR French HICP (YoY)       1.6%
07:45 EUR French PPI (MoM) (Dec)     1.1%
08:00 EUR Spanish CPI (MoM)       -0.1%
08:00 EUR Spanish CPI (YoY)       0.8%
08:00 EUR Spanish GDP (QoQ) (Q4)     0.4% 0.4%
08:00 EUR Spanish GDP (YoY) (Q4)     1.7% 1.9%
08:00 EUR Spanish HICP (YoY) (Jan)     1.0% 0.8%
09:00 EUR Spanish Current account (Nov)   2.94B 2.83B
09:00 NOK Central Bank Currency Purchase (Feb)     -500.0M
09:00 NOK Unemployment Change (Jan)   76.70K 76.68K
09:00 NOK Unemployment Rate n.s.a. (Jan)   2.50% 2.20%
09:30 GBP BoE Consumer Credit (Dec)   0.900B 0.563B
09:30 GBP M4 Money Supply (MoM) (Dec)     0.8%
09:30 GBP Mortgage Approvals (Dec)   65.70K 64.99K
09:30 GBP Mortgage Lending (Dec)   4.10B 4.05B
09:30 GBP Net Lending to Individuals     4.5B
10:00 EUR Italian GDP (QoQ) (Q4)     0.1% 0.1%
10:00 EUR Italian GDP (YoY) (Q4)     0.3% 0.3%
10:00 INR Federal Fiscal Deficit (Dec)     8,078.34B
10:00 EUR Core CPI (YoY)     1.2% 1.3%
10:00 EUR CPI (YoY) (Jan)     1.4% 1.3%
10:00 EUR CPI, n.s.a (Jan)     105.43
10:00 EUR GDP (QoQ)     0.2% 0.2%
10:00 EUR GDP (YoY)     1.1% 1.2%
10:00 EUR HICP ex Energy & Food (YoY) (Jan)   1.4% 1.4%
11:25 USD OPEC Crude Oil Production Algeria (Barrel)     1.02M
11:25 USD OPEC Crude Oil Production Congo (Barrel)     0.34M
11:25 USD OPEC Crude Oil Production Ecuador (Barrel)     0.50M
11:25 USD OPEC Crude Oil Production Gabon (Barrel)     0.21M
11:25 USD OPEC Crude Oil Production Guinea (Barrel)     0.12M
11:25 USD OPEC Crude oil Production Iran (Barrel)     2.10M
11:25 USD OPEC Crude oil Production Iraq (Barrel)     4.62M
11:25 USD OPEC Crude Oil Production Kuwait (Barrel)     2.72M
11:25 USD OPEC Crude Oil Production Libya (Barrel)     1.18M
11:25 USD OPEC Crude Oil Production Nigeria (Barrel)     1.91M
11:25 USD OPEC Crude oil Production Saudi Arabia (Barrel)     9.85M
11:25 USD OPEC Crude oil Production UAE (Barrel)     3.07M
11:25 USD OPEC Crude oil Production Venezuela (Barrel)     0.68M
11:30 INR Bank Loan Growth     7.6%
11:30 INR Deposit Growth     9.8%
11:30 INR FX Reserves, USD     462.16B
12:00 INR GDP Annual     6.8%
12:00 INR Infrastructure Output (YoY) (Dec)     -1.5%
12:00 BRL Brazilian PPI (MoM) (Dec)     0.91%
12:00 BRL Unemployment Rate   10.8% 11.2%
12:00 ZAR Trade Balance (Dec)   12.00B 6.10B
12:30 BRL Budget Balance     -53.200B
13:30 USD Core PCE Price Index (YoY) (Dec)   1.6% 1.6%
13:30 USD Core PCE Price Index (MoM) (Dec)   0.1% 0.1%
13:30 USD Employment Benefits (QoQ) (Q4)     0.60%
13:30 USD Employment Cost Index (QoQ) (Q4)   0.7% 0.7%
13:30 USD Employment Wages (QoQ) (Q4)     0.90%
13:30 USD PCE price index (MoM) (Dec)     0.2%
13:30 USD PCE Price index (YoY) (Dec)     1.5
13:30 USD Personal Income (MoM) (Dec)   0.3% 0.5%
13:30 USD Personal Spending (MoM) (Dec)   0.3% 0.4%
13:30 USD Real Personal Consumption (MoM) (Dec)     0.3%
13:30 CAD GDP (MoM) (Nov)   0.1% -0.1%
13:30 CAD IPPI (YoY) (Dec)     -0.4%
13:30 CAD IPPI (MoM) (Dec)   0.2% 0.1%
13:30 CAD RMPI (YoY) (Dec)     9.3%
13:30 CAD RMPI (MoM) (Dec)   -0.1% 1.5%
14:45 USD Chicago PMI (Jan)   48.8 48.2
15:00 USD Michigan 5-Year Inflation Expectations (Jan)     2.50%
15:00 USD Michigan Consumer Expectations (Jan)     88.3
15:00 USD Michigan Consumer Sentiment (Jan)   99.1 99.1
15:00 USD Michigan Current Conditions (Jan)   116.0 115.8
15:00 USD Michigan Inflation Expectations (Jan)     2.5%
16:00 CAD Budget Balance (Nov)     -3.25B
16:00 CAD Budget Balance (YoY) (Nov)     -9.05B
17:00 USD Dallas Fed PCE (Dec)     2.20%
18:00 USD U.S. Baker Hughes Oil Rig Count      
18:00 USD U.S. Baker Hughes Total Rig Count      
19:30 GBP CFTC GBP speculative net positions     31.5K
19:30 USD CFTC Aluminium speculative net positions     -48.2K
19:30 USD CFTC Copper speculative net positions     3.5K
19:30 USD CFTC Corn speculative net positions     35.9K
19:30 USD CFTC Crude Oil speculative net positions     530.3K
19:30 USD CFTC Gold speculative net positions     319.2K
19:30 USD CFTC Nasdaq 100 speculative positions     16.7K
19:30 USD CFTC Natural Gas speculative net positions     -239.2K
19:30 USD CFTC S&P 500 speculative net positions     33.0K
19:30 USD CFTC Silver speculative net positions     67.4K
19:30 USD CFTC Soybeans speculative net positions     34.7K
19:30 USD CFTC Wheat speculative net positions     38.2K
19:30 CAD CFTC CAD speculative net positions     32.9K
19:30 MXN CFTC MXN speculative net positions     165.6K
19:30 CHF CFTC CHF speculative net positions     -0.2K
19:30 AUD CFTC AUD speculative net positions     -20.5K
19:30 BRL CFTC BRL speculative net positions     -19.5K
19:30 JPY CFTC JPY speculative net positions     -12.2K
19:30 NZD CFTC NZD speculative net positions     -0.4K
19:30 EUR CFTC EUR speculative net positions     -48.2K
GMT Currency Event Actual Forecast Previous Imp.
00:00 KRW Exports (YoY) (Jan)   -6.0% -5.2%
00:00 KRW Imports (YoY) (Jan)   -4.6% -0.7%
00:00 KRW Trade Balance (Jan)     2.02B
06:00 INR Indian Union Budget         

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.

CAPTCHA

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. 73.80% 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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