Resources

Trading Tools

At ICM we continuously strive to offer services that support you when trading with us. That includes our Pip Calculator which helps 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 only a few seconds. In addition, you can access our Economic Calendar to help you to track the occurrence of market-moving events. You can use the Trading Signals feature on the MT4 platform which helps you subscribe to the signal feeds of other traders also using the system.

 

Economic Calendar

GMT+1 Currency Event Actual Forecast Previous Imp.
05:00 IDR Foreign Direct Investment (YoY) (Q1) 15.50%   16.20%
08:00 EUR Core CPI (YoY) (Apr)   2.9% 3.2% 3.3%
08:00 EUR Spanish CPI (MoM) (Apr)   0.7% 1.0% 0.8%
08:00 EUR Spanish CPI (YoY) (Apr)   3.3% 3.4% 3.2%
08:00 EUR Spanish HICP (MoM) (Apr)   0.6% 0.7% 1.4%
08:00 EUR Spanish HICP (YoY) (Apr)   3.4% 3.4% 3.3%
09:00 EUR Italian Trade Balance Non-EU (Mar) 5.60B   6.89B
09:00 EUR Baden Wuerttemberg CPI (YoY) (Apr)   2.1%   2.3%
09:00 EUR Baden Wuerttemberg CPI (MoM) (Apr)   0.3%   0.5%
09:00 EUR Bavaria CPI (MoM) (Apr)   0.6%   0.4%
09:00 EUR Bavaria CPI (YoY) (Apr)   2.5%   2.3%
09:00 EUR Brandenburg CPI (YoY) (Apr)   3.0%   2.8%
09:00 EUR Brandenburg CPI (MoM) (Apr)   0.6%   0.4%
09:00 EUR Hesse CPI (YoY) (Apr)   1.9%   1.6%
09:00 EUR Hesse CPI (MoM) (Apr)   0.6%   0.3%
09:00 EUR North Rhine Westphalia CPI (MoM) (Apr)   0.3%   0.3%
09:00 EUR North Rhine Westphalia CPI (YoY) (Apr)   2.3%   2.3%
09:00 EUR Saxony CPI (YoY) (Apr)   2.7%   2.5%
09:00 EUR Saxony CPI (MoM) (Apr)   0.6%   0.4%
10:00 EUR Business and Consumer Survey (Apr) 95.6 96.9 96.2
10:00 EUR Business Climate (Apr) -0.53   -0.32
10:00 EUR Consumer Confidence (Apr) -14.7 -14.7 -14.9
10:00 EUR Consumer Inflation Expectation (Apr) 11.6   12.3
10:00 EUR Selling Price Expectations (Apr) 5.4   5.5
10:00 EUR Services Sentiment (Apr) 6.0 6.5 6.4
10:00 EUR Industrial Sentiment (Apr) -10.5 -8.5 -8.9
10:30 EUR Italian 10-Year BTP Auction 3.86%   3.67%
10:30 EUR Italian 5-Year BTP Auction 3.41%   3.21%
10:50 EUR German 12-Month Bubill Auction 3.448%   3.328%
11:00 EUR Eurogroup Meetings      
12:00 EUR Spanish Business Confidence (Apr) -3.9   -4.7
12:00 BRL IGP-M Inflation Index (MoM) (Apr) 0.31% 0.05% -0.47%
12:25 BRL BCB Focus Market Readout      
13:00 EUR German CPI (MoM) (Apr)   0.5% 0.6% 0.4%
13:00 EUR German CPI (YoY) (Apr)   2.2% 2.3% 2.2%
13:00 EUR German HICP (MoM) (Apr)   0.6% 0.6% 0.6%
13:00 EUR German HICP (YoY) (Apr)   2.4% 2.3% 2.3%
14:00 EUR French 12-Month BTF Auction 3.488%   3.474%
14:00 EUR French 3-Month BTF Auction 3.800%   3.825%
14:00 EUR French 6-Month BTF Auction 3.710%   3.710%
15:30 USD Dallas Fed Mfg Business Index (Apr)     -14.4
15:30 USD Dallas Fed PCE (Mar)     3.40%
16:00 CAD Budget Balance (YoY) (Feb)     -25.70B
16:30 USD 3-Month Bill Auction     5.255%
16:30 USD 6-Month Bill Auction     5.160%
18:00 BRL CAGED Net Payroll Jobs (Mar)   182.94K 306.11K
20:15 MXN Fiscal Balance     -263.06B
20:20 EUR ECB's De Guindos Speaks         
GMT+1 Currency Event Actual Forecast Previous Imp.
00:00 GBP BRC Shop Price Index (YoY)     1.3%
00:00 KRW Industrial Production (YoY) (Mar)     4.8%
00:00 KRW Industrial Production (MoM) (Mar)     3.1%
00:00 KRW Retail Sales (MoM) (Mar)     -3.1%
00:00 KRW Service Sector Output (MoM) (Mar)     0.7%
00:30 JPY Jobs/applications ratio (Mar)   1.26 1.26
00:30 JPY Unemployment Rate (Mar)   2.5% 2.6%
00:50 JPY Industrial Production (MoM) (Mar)     3.4% -0.6%
00:50 JPY Industrial Production forecast 1m ahead (MoM) (Apr)     4.9%
00:50 JPY Industrial Production forecast 2m ahead (MoM) (May)     3.3%
00:50 JPY Large Retailers' Sales (MoM)   0.6% 1.5%
00:50 JPY Large Scale Retail Sales YoY (YoY) (Mar)     8.0%
00:50 JPY Retail Sales (YoY) (Mar)   2.5% 4.6%
02:00 NZD ANZ Business Confidence (Apr)     22.9
02:00 NZD NBNZ Own Activity (Apr)     22.5%
02:30 AUD Housing Credit (Mar)     0.4%
02:30 AUD Private Sector Credit (MoM) (Mar)   0.4% 0.5%
02:30 AUD Retail Sales (MoM) (Mar)     0.2% 0.3%
02:30 CNY Chinese Composite PMI (Apr)     52.7
02:30 CNY Manufacturing PMI (Apr)   50.3 50.8
02:30 CNY Non-Manufacturing PMI (Apr)   52.2 53.0
02:45 CNY Caixin Manufacturing PMI (Apr)   51.0 51.1
03:00 SGD Bank Lending     801.5B
03:30 SGD Unemployment Rate       2.0%
04:00 NZD M3 Money Supply (Mar)     407.7B
06:00 JPY Construction Orders (YoY) (Mar)     -11.0%
06:00 JPY Housing Starts (YoY) (Mar)   -7.6% -8.2%
06:00 SGD Business Expectations     10.00
06:30 EUR French Consumer Spending (MoM) (Mar)   0.2% 0.0%
06:30 EUR French GDP (YoY) (Q1)     0.9% 0.7%
06:30 EUR French GDP (QoQ) (Q1)     0.1% 0.1%
07:00 EUR German Import Price Index (MoM) (Mar)   0.1% -0.2%
07:00 EUR German Import Price Index (YoY) (Mar)   -3.8% -4.9%
07:00 EUR German Retail Sales (YoY) (Mar)     -2.7%
07:00 EUR German Retail Sales (MoM) (Mar)   1.5% -1.9%
07:00 NOK M3 Money Supply (Mar)     3,056.8B
07:00 NOK Credit Indicator (YoY) (Mar)     3.5%
07:00 ZAR M3 Money Supply (YoY) (Mar)     5.71%
07:00 ZAR Private Sector Credit (Mar)     3.32%
07:45 EUR French CPI (MoM) (Apr)     0.5% 0.2%
07:45 EUR French CPI (YoY) (Apr)     2.1% 2.3%
07:45 EUR French HICP (YoY)     2.2% 2.4%
07:45 EUR French HICP (MoM)       0.2%
07:45 EUR PPI (YoY) (Mar)     -5.50%
07:45 EUR French PPI (MoM) (Mar)     -1.7%
08:00 CHF KOF Leading Indicators (Apr)   102.1 101.5
08:00 CHF Official Reserves Assets (Mar)     751.0B
08:00 EUR Spanish GDP (QoQ) (Q1)     0.4% 0.6%
08:00 EUR Spanish GDP (YoY) (Q1)     1.9% 2.0%
08:55 EUR German Unemployment Change (Apr)   7K 4K
08:55 EUR German Unemployment Rate (Apr)   5.9% 5.9%
08:55 EUR German Unemployment (Apr)     2.719M
08:55 EUR German Unemployment n.s.a. (Apr)     2.769M
09:00 EUR Italian GDP (YoY) (Q1)     0.4% 0.6%
09:00 EUR Italian GDP (QoQ) (Q1)     0.1% 0.2%
09:00 EUR German GDP (YoY) (Q1)       -0.2%
09:00 EUR German GDP (QoQ) (Q1)     0.1% -0.3%
09:00 EUR Spanish Current account (Feb)     5.13B
09:00 NOK Central Bank Currency Purchase (May)     350.0M
09:30 GBP BoE Consumer Credit (Mar)     1.378B
09:30 GBP M3 Money Supply (Mar)     3,011.7B
09:30 GBP M4 Money Supply (MoM) (Mar)   0.4% 0.5%
09:30 GBP Mortgage Approvals (Mar)   61.00K 60.38K
09:30 GBP Mortgage Lending (Mar)     1.51B
09:30 GBP Net Lending to Individuals   1.700B 2.888B
09:30 HKD M3 Money Supply (Mar)     0.1%
10:00 GBP 5-Year Treasury Gilt Auction     3.928%
10:00 EUR Italian CPI (YoY) (Apr)     1.0% 1.2%
10:00 EUR Italian CPI (MoM) (Apr)     0.2% 0.0%
10:00 EUR Italian HICP (YoY) (Apr)       1.2%
10:00 EUR Italian HICP (MoM) (Apr)       1.2%
10:00 EUR Core CPI (YoY) (Apr)     2.6% 2.9%
10:00 EUR Core CPI (MoM)       1.1%
10:00 EUR CPI (MoM) (Apr)       0.8%
10:00 EUR CPI (YoY) (Apr)     2.4% 2.4%
10:00 EUR CPI, n.s.a (Apr)       125.30
10:00 EUR GDP (QoQ) (Q1)     0.1% 0.0%
10:00 EUR GDP (YoY) (Q1)     0.2% 0.1%
10:00 EUR HICP ex Energy & Food (YoY) (Apr)       3.1%
10:00 EUR HICP ex Energy and Food (MoM)       0.9%
10:30 EUR German 10-Year Bund Auction     2.540%
11:00 INR Federal Fiscal Deficit (Mar)     15,013.65B
11:00 EUR German Buba Vice President Buch Speaks         
12:30 INR RBI Monetary and Credit Information Review      
12:30 BRL CAGED Net Payroll Jobs (Mar)     306.11K
13:00 MXN GDP (YoY) (Q1)       2.5%
13:00 MXN GDP (QoQ) (Q1)       0.1%
13:00 INR Infrastructure Output (YoY) (Mar)     6.7%
13:00 BRL Brazilian PPI (MoM) (Mar)     0.06%
13:00 BRL Unemployment Rate     7.8%
13:00 ZAR Trade Balance (Mar)     14.04B
13:30 USD Employment Benefits (QoQ) (Q1)     0.70%
13:30 USD Employment Cost Index (QoQ) (Q1)   1.0% 0.9%
13:30 USD Employment Wages (QoQ) (Q1)     0.90%
13:30 CAD GDP (MoM) (Feb)   0.3% 0.6%
13:31 CAD GDP (MoM) (Mar)        
13:55 USD Redbook (YoY)     5.3%
14:00 USD House Price Index (YoY) (Feb)     6.3%
14:00 USD House Price Index (MoM) (Feb)   0.1% -0.1%
14:00 USD House Price Index (Feb)     417.5
14:00 USD S&P/CS HPI Composite - 20 s.a. (MoM) (Feb)     0.1%
14:00 USD S&P/CS HPI Composite - 20 n.s.a. (MoM) (Feb)     -0.1%
14:00 USD S&P/CS HPI Composite - 20 n.s.a. (YoY) (Feb)   6.7% 6.6%
14:45 USD Chicago PMI (Apr)   44.9 41.4
15:00 USD CB Consumer Confidence (Apr)   104.0 104.7
15:30 USD Dallas Fed Services Revenues (Apr)     4.0
15:30 USD Texas Services Sector Outlook (Apr)     -5.5
17:33 ZAR Budget Balance (MoM) (Mar)     20.78B
18:00 EUR German Buba Balz Speaks         
21:30 USD API Weekly Crude Oil Stock     -3.230M
22:00 MXN Fiscal Balance (Mar)     -263.06B
22:00 NZD RBNZ Financial Stability Report      
23:45 NZD Employment Change (QoQ) (Q1)   0.3% 0.4%
23:45 NZD Labor Cost Index (YoY) (Q1)     3.9%
23:45 NZD Labor Cost Index (QoQ) (Q1)   0.8% 1.0%
23:45 NZD Participation Rate (Q1)     71.90%
23:45 NZD Unemployment Rate (Q1)   4.3% 4.0%
GMT+1 Currency Event Actual Forecast Previous Imp.
00:00 AUD AIG Construction Index (Apr)     -12.9
00:00 AUD AIG Manufacturing Index (Apr)     -7.0
00:00 AUD Judo Bank Australia Manufacturing PMI   49.9 47.3
00:00 NZD RBNZ Gov Orr Speaks         
01:00 KRW Exports (YoY) (Apr)     3.1%
01:00 KRW Imports (YoY) (Apr)     -12.3%
01:00 KRW Trade Balance (Apr)     4.29B
01:30 JPY au Jibun Bank Japan Manufacturing PMI (Apr)   49.9 48.2
02:00 AUD MI Inflation Gauge (MoM)     0.1%
07:00 GBP Nationwide HPI (MoM) (Apr)   0.1% -0.2%
07:00 GBP Nationwide HPI (YoY) (Apr)     1.6%
07:30 AUD Commodity Prices (YoY)     -15.3%
09:30 GBP S&P Global/CIPS UK Manufacturing PMI (Apr)   48.7 50.3
10:00 GBP 10-Year Treasury Gilt Auction     4.015%
12:00 USD MBA 30-Year Mortgage Rate     7.24%
12:00 USD MBA Mortgage Applications (WoW)     -2.7%
12:00 USD MBA Purchase Index     144.2
12:00 USD Mortgage Market Index     196.7
12:00 USD Mortgage Refinance Index     472.7
12:30 INR M3 Money Supply     11.4%
13:15 USD ADP Nonfarm Employment Change (Apr)   179K 184K
13:15 CAD BoC Gov Macklem Speaks         
14:30 CAD S&P Global Canada Manufacturing PMI (Apr)   50.2 49.8
14:45 USD S&P Global US Manufacturing PMI (Apr)   49.9 51.9
15:00 USD Construction Spending (MoM) (Mar)   0.3% -0.3%
15:00 USD ISM Manufacturing Employment (Apr)     47.4
15:00 USD ISM Manufacturing New Orders Index (Apr)     51.4
15:00 USD ISM Manufacturing PMI (Apr)   50.1 50.3
15:00 USD ISM Manufacturing Prices (Apr)   55.6 55.8
15:00 USD JOLTs Job Openings (Mar)   8.680M 8.756M
15:30 USD Crude Oil Inventories     -6.368M
15:30 USD EIA Refinery Crude Runs (WoW)     -0.042M
15:30 USD Crude Oil Imports     -0.417M
15:30 USD Cushing Crude Oil Inventories     -0.659M
15:30 USD Distillate Fuel Production     0.178M
15:30 USD EIA Weekly Distillates Stocks     1.614M
15:30 USD Gasoline Production     -0.275M
15:30 USD Heating Oil Stockpiles     1.073M
15:30 USD EIA Weekly Refinery Utilization Rates (WoW)     0.4%
15:30 USD Gasoline Inventories     -0.634M
18:30 BRL Foreign Exchange Flows     -1.115B
19:00 USD FOMC Statement      
19:00 USD Fed Interest Rate Decision   5.50% 5.50%
19:00 BRL Trade Balance (Apr)     7.48B
19:30 USD FOMC Press Conference         
21:15 CAD BoC Senior Deputy Governor Rogers Speaks         
21:15 CAD BoC Gov Macklem Speaks         
23:45 NZD Building Consents (MoM) (Mar)     14.9%
GMT+1 Currency Event Actual Forecast Previous Imp.
00:00 KRW CPI (YoY) (Apr)     3.1%
00:00 KRW CPI (MoM) (Apr)     0.1%
00:50 JPY Foreign Bonds Buying     648.1B
00:50 JPY Foreign Investments in Japanese Stocks     -492.4B
00:50 JPY Monetary Base (YoY) (Apr)     1.2%
00:50 JPY Monetary Policy Meeting Minutes      
01:30 KRW S&P Global South Korea Manufacturing PMI (Apr)     49.8
01:30 IDR Nikkei Manufacturing PMI (Apr)     54.2
02:30 AUD Building Approvals (YoY) (Mar)   5.20% 10.00%
02:30 AUD Building Approvals (MoM) (Mar)   2.9% -1.9%
02:30 AUD Exports (MoM)     -2.2%
02:30 AUD Imports (MoM)     4.8%
02:30 AUD Private House Approvals (Mar)       10.7%
02:30 AUD Trade Balance   7.370B 7.280B
05:00 IDR Core Inflation (YoY) (Apr)     1.77%
05:00 IDR Inflation (YoY) (Apr)     3.05%
05:00 IDR Inflation (MoM) (Apr)     0.52%
05:45 CAD BoC Gov Macklem Speaks         
06:00 INR HSBC India Manufacturing PMI (Apr)   59.1 59.1
06:00 JPY Household Confidence (Apr)   39.7 39.5
07:00 GBP Nationwide HPI (YoY)     1.6%
07:00 GBP Nationwide HPI (MoM)     -0.2%
07:30 CHF Retail Sales (YoY) (Mar)   0.2% -0.2%
07:30 CHF CPI (YoY) (Apr)     1.0%
07:30 CHF CPI (MoM) (Apr)   0.1% 0.0%
08:15 EUR HCOB Spain Manufacturing PMI (Apr)   51.3 51.4
08:30 CHF procure.ch PMI (Apr)   45.5 45.2
08:45 EUR HCOB Italy Manufacturing PMI (Apr)   50.3 50.4
08:50 EUR HCOB France Manufacturing PMI (Apr)   44.9 46.2
08:55 EUR HCOB Germany Manufacturing PMI (Apr)   42.2 41.9
09:00 EUR Italian PPI (YoY) (Mar)     -10.8%
09:00 EUR Italian PPI (MoM) (Mar)     -1.0%
09:00 NOK Manufacturing PMI (Apr)     50.8
09:00 EUR HCOB Eurozone Manufacturing PMI (Apr)   45.6 46.1
09:30 HKD GDP (QoQ) (Q1)       0.4%
09:30 HKD GDP (YoY) (Q1)       4.3%
10:00 EUR French 10-Year OAT Auction     2.87%
10:00 EUR French 30-Year OAT Auction     3.38%
10:00 ZAR Manufacturing PMI     49.2
11:00 EUR Car Registration (MoM) (Apr)     16.60%
11:00 EUR Car Registration (YoY) (Apr)     -4.70%
12:30 USD Challenger Job Cuts (YoY)     0.7%
12:30 USD Challenger Job Cuts (Apr)     90.309K
12:30 BRL Current Account (USD) (Mar)     -4.37B
12:30 BRL Foreign direct investment (USD) (Mar)     5.01B
13:00 ZAR Total Vehicle Sales (Apr)     44.24K
13:00 ZAR Total Vehicle Sales (YoY) (Apr)     -11.70%
13:30 USD Continuing Jobless Claims     1,781K
13:30 USD Exports     263.00B
13:30 USD Imports     331.90B
13:30 USD Initial Jobless Claims   212K 207K
13:30 USD Jobless Claims 4-Week Avg.     213.25K
13:30 USD Nonfarm Productivity (QoQ) (Q1)     0.8% 3.2%
13:30 USD Trade Balance (Mar)   -69.30B -68.90B
13:30 USD Unit Labor Costs (QoQ) (Q1)     3.2% 0.4%
13:30 CAD Exports (Mar)     66.62B
13:30 CAD Imports (Mar)     65.23B
13:30 CAD Trade Balance (Mar)   1.00B 1.39B
13:45 CAD BoC Senior Deputy Governor Rogers Speaks         
13:45 CAD BoC Gov Macklem Speaks         
14:00 BRL S&P Global Manufacturing PMI (Apr)     53.6
14:00 SGD S&P Global Singapore PMI (Apr)     50.7
15:00 USD Durables Excluding Defense (MoM) (Mar)     2.3%
15:00 USD Durables Excluding Transport (MoM) (Mar)     0.3%
15:00 USD Factory Orders (MoM) (Mar)   1.6% 1.4%
15:00 USD Factory orders ex transportation (MoM) (Mar)     1.1%
15:00 USD Total Vehicle Sales     15.50M
15:30 USD Natural Gas Storage     92B
16:00 MXN S&P Global Mexico Manufacturing PMI (Apr)     52.20
16:00 EUR German Buba Balz Speaks         
16:30 USD 4-Week Bill Auction     5.275%
16:30 USD 8-Week Bill Auction     5.275%
17:00 EUR Italian Car Registration (YoY)     -3.7%
18:30 BRL Foreign Exchange Flows     -1.115B
21:15 EUR ECB's Lane Speaks         
21:30 USD Fed's Balance Sheet     7,402B
21:30 USD Reserve Balances with Federal Reserve Banks     3.272T
GMT+1 Currency Event Actual Forecast Previous Imp.
00:00 AUD Judo Bank Australia Services PMI   54.2 54.4
02:30 AUD Home Loans (MoM)     1.6%
02:30 AUD Invest Housing Finance (MoM)     1.2%
06:00 SGD Retail Sales (YoY) (Mar)     8.4%
06:00 SGD Retail Sales (MoM) (Mar)     3.0%
07:45 EUR French Government Budget Balance (Mar)     -44.0B
07:45 EUR French Industrial Production (MoM) (Mar)   0.3% 0.2%
08:00 EUR Spanish Unemployment Change     -33.4K
09:00 EUR Italian Monthly Unemployment Rate (Mar)   7.5% 7.5%
09:00 BRL IPC-Fipe Inflation Index (MoM) (Apr)     0.26%
09:00 NOK Interest Rate Decision     4.50%
09:00 NOK Unemployment Change (Apr)     71.56K
09:00 NOK Unemployment Rate n.s.a. (Apr)     2.00%
09:30 GBP S&P Global/CIPS UK Composite PMI (Apr)   54.0 52.8
09:30 GBP S&P Global/CIPS UK Services PMI (Apr)   54.9 53.1
09:30 HKD Retail Sales (YoY) (Mar)     1.9%
10:00 EUR German Car Registration (YoY)     -6.2%
10:00 EUR French Car Registration (YoY)     -1.5%
10:00 EUR Unemployment Rate (Mar)   6.5% 6.5%
12:30 INR Bank Loan Growth     19.9%
12:30 INR Deposit Growth     13.8%
12:30 INR FX Reserves, USD     640.33B
12:30 BRL Bank lending (MoM) (Mar)     0.2%
13:00 MXN Gross Fixed Investments (YoY) (Feb)     15.30%
13:00 MXN Gross Fixed Investments (MoM) (Feb)     0.10%
13:00 BRL Industrial Production (MoM) (Mar)     -0.3%
13:00 BRL Industrial Production (YoY) (Mar)     5.0%
13:30 USD Average Hourly Earnings (YoY) (YoY) (Apr)     4.1%
13:30 USD Average Hourly Earnings (MoM) (Apr)   0.3% 0.3%
13:30 USD Average Weekly Hours (Apr)   34.4 34.4
13:30 USD Government Payrolls (Apr)     71.0K
13:30 USD Manufacturing Payrolls (Apr)   7K 0K
13:30 USD Nonfarm Payrolls (Apr)   243K 303K
13:30 USD Participation Rate (Apr)     62.7%
13:30 USD Private Nonfarm Payrolls (Apr)   180K 232K
13:30 USD U6 Unemployment Rate (Apr)     7.3%
13:30 USD Unemployment Rate (Apr)   3.8% 3.8%
14:45 USD S&P Global Composite PMI (Apr)   50.9 52.1
14:45 USD S&P Global Services PMI (Apr)   50.9 51.7
15:00 USD ISM Non-Manufacturing Business Activity (Apr)     57.4
15:00 USD ISM Non-Manufacturing Employment (Apr)     48.5
15:00 USD ISM Non-Manufacturing New Orders (Apr)     54.4
15:00 USD ISM Non-Manufacturing PMI (Apr)   52.0 51.4
15:00 USD ISM Non-Manufacturing Prices (Apr)     53.4
18:00 USD U.S. Baker Hughes Oil Rig Count     506
18:00 USD U.S. Baker Hughes Total Rig Count     613
20:30 GBP CFTC GBP speculative net positions     -26.2K
20:30 USD CFTC Aluminium speculative net positions     1.3K
20:30 USD CFTC Copper speculative net positions     58.4K
20:30 USD CFTC Corn speculative net positions     -160.2K
20:30 USD CFTC Crude Oil speculative net positions     264.8K
20:30 USD CFTC Gold speculative net positions     202.9K
20:30 USD CFTC Nasdaq 100 speculative net positions     6.1K
20:30 USD CFTC Natural Gas speculative net positions     -132.5K
20:30 USD CFTC S&P 500 speculative net positions     67.7K
20:30 USD CFTC Silver speculative net positions     59.3K
20:30 USD CFTC Soybeans speculative net positions     -154.6K
20:30 USD CFTC Wheat speculative net positions     -43.4K
20:30 CAD CFTC CAD speculative net positions     -76.5K
20:30 MXN CFTC MXN speculative net positions     123.7K
20:30 CHF CFTC CHF speculative net positions     -42.6K
20:30 AUD CFTC AUD speculative net positions     -96.2K
20:30 BRL CFTC BRL speculative net positions     1.0K
20:30 JPY CFTC JPY speculative net positions     -179.9K
20:30 NZD CFTC NZD speculative net positions     -12.0K
20:30 EUR CFTC EUR speculative net positions     -10.0K
GMT+1 Currency Event Actual Forecast Previous Imp.
00:45 USD Fed Goolsbee Speaks         
00:45 USD FOMC Member Williams Speaks         

VPS hosting for forex trading

Our Virtual Private Server (VPS) is available for all new and existing clients who maintain a minimum balance of $4,000 or equivalent in EUR, GBP or SGD in their account. It allows expert advisors to be installed and operate without interruption 24 hours a day, whenever the markets are open. This is provided in partnership with Beeks FX, a global leader in VPS solutions. If you are a forex trader and would like access to one of the fastest VPS services in the industry, then please complete the short form below to find out more.

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Key Features

  • Free for accounts that maintain a $4,000 balance or equivalent in EUR, GBP or SGD
  • Increases trading speed
  • No required number of lots to be traded
  • 24/7 technical support directly with 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 (minimum)

What is a pip?

A pip is the minimum fluctuation of the instrument being priced. At ICM we have introduced 5 digit quotes to allow our clients to benefit from smaller price increments and moves in the market. For instance, Instead of quoting prices with 4 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. For example, if you wish to trade $100,000, this is the size of the trade. A forex lot is a representation of trade size in a different format. In this example, a standard lot would represent 100,000 of any currency.

EUR 100,000 = 1 standard lot Euro

ICM offers leverage of 1:200. However, while you can earn profits by using leverage, it 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 chances of such a scenario occurring, forex traders typically implement a trading style that includes the use of stop and limit orders.

To assist with accuracy, please ensure the numbers entered are in the required format and include the correct amount of digits. For example, if EUR/USD is quoted at 5 digits instead of 4.

Incorrect format: 1.3151/1.3153

Correct format: 1.31508/1.31524

In order to calculate the pivot point you must take the Open, High, Low and Close price located in the MetaTrader 4 platform, by using the 'Crosshair' (the + sign in 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 enables traders to maintain their open position and continue to achieve positive results as long as the price moves in their favoured direction. Once trailing stops have been fixed they do not have to be altered manually, unlike a stop loss.

Will the trailing stop work when I am offline?

When a trailing stop order is being placed, ensure the MetaTrader 4 client terminal is running and that your device is connected to the internet, as it will only remain active when you are online. Once the trading platform is closed, your trailing stop order will be deactivated, and your stop loss order will remain active if placed before the trailing stop.

If you are new to forex trading, micro lots are an ideal way for you to enter a fast-moving and exciting market with a daily turnover of over  $5 trillion a day. 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, every trader is treated equally irrespective of their deposit size, and we offer this type of trading to all clients, while also being available on both our demo and live MT4 platforms.

We are always looking for new ways to improve your trading environment and offer the highest standards of service. If you have any questions please feel free to get in touch with our Client Services team.

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Key Features

  • Start and stop following signal providers in a matter of minutes
  • You can stop following a signal provider at any time
  • Follow multiple traders at once to diversify your strategies
  • Trades are directly linked to the client’s own platform and continue to be placed even when they are away from their system
  • Free demo version is available before going live

How to access trading signals

Becoming a signal provider

Advanced ICM traders also have the option to use trading signals. Simply register  here as a ‘Seller’ by completing the registration form. Once complete, you can sell signals to thousands of subscribers around the world. Please note, while there are no registration costs involved, it will take 30 days for your trade history to be reviewed by MetaQuotes before a fee can be added to your service.

Please read our helpful user guide on becoming a signal provider: User guide

Are trading signals secure?

The MetaQuotes software ensures each trade features a digital signature that prevents the trade from being copied incorrectly. Trades triggered by a provider’s signal are duplicated on the subscriber’s account to reflect 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?

Generally, if a signal provider has performed 100 or more trades it can be viewed as an active account. Clients should be aware of the drawdown percentage, with anything lower than 30% thought to be ideal.

Following signal providers with a steady growth rate is also advisable. However, if the growth rate reaches a high point in a short space of time, they could 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 a fee to receive their signal, you can have confidence the signal provider has used the 30 day trial period and has subsequently been verified by MetaQuotes, a process all traders must go through if they wish to charge for their signals.

How can I manage my risk with trading signals?

To manage risks treat each one as an individual trade and ensure parameters are also set to mitigate potential risk. Develop a strategy to decide how much of your account will be dedicated to each signal provider. Also ensure the strategy contains an exit plan along with rules of when you will stop tracking 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 provides the opportunity for clients to follow trading signals to support clients in their trades, however each Signal Provider should be independently evaluated. ICM 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.
 

 

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