News

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.
03:13 CNY FX Reserves (USD) (Jul) 3.104T 3.050T 3.071T
04:00 CNY Exports (YoY) (Jul) 18.0% 15.0% 17.9%
04:00 CNY Imports (YoY) (Jul) 2.3% 3.7% 1.0%
04:00 CNY Trade Balance (USD) (Jul) 101.26B 90.00B 97.94B
GMT+1 Currency Event Actual Forecast Previous Imp.
00:50 JPY Adjusted Current Account 0.84T   0.01T
00:50 JPY Bank Lending (YoY) (Jul) 1.8%   1.3%
00:50 JPY Current Account n.s.a. (Jun) -0.132T -0.704T 0.128T
04:00 NZD Inflation Expectations (QoQ) 3.1%   3.3%
04:00 IDR Consumer Confidence (Jul) 123.2   128.2
06:00 JPY Economy Watchers Current Index (Jul) 43.8 51.6 52.9
06:45 CHF Unemployment Rate n.s.a. (Jul) 2.0%   2.0%
06:45 CHF Unemployment Rate s.a. (Jul) 2.2% 2.2% 2.2%
07:00 NOK Manufacturing Production (MoM) (Jun) 0.3%   -2.3%
09:00 NOK Manufacturing PMI (Jul) 54.6   56.0
09:30 EUR Sentix Investor Confidence (Aug) -25.2 -24.7 -26.4
10:00 SGD Foreign Reserves USD (MoM) (Jul) 288.2B   314.3B
12:25 BRL BCB Focus Market Readout      
14:00 EUR French 12-Month BTF Auction 0.545%   0.453%
14:00 EUR French 3-Month BTF Auction 0.053%   0.001%
14:00 EUR French 6-Month BTF Auction 0.177%   0.180%
15:00 USD CB Employment Trends Index (Jul) 117.63   118.70
16:00 USD Consumer Inflation Expectations 6.2%   6.8%
16:30 USD 3-Month Bill Auction 2.580%   2.490%
16:30 USD 6-Month Bill Auction 3.040%   2.850%
23:45 NZD Electronic Card Retail Sales (YoY) (Jul)     1.9%
23:45 NZD Electronic Card Retail Sales (MoM) (Jul)     0.1%
GMT+1 Currency Event Actual Forecast Previous Imp.
00:01 GBP BRC Retail Sales Monitor (YoY) (Jul)   -1.5% -1.3%
00:50 JPY M2 Money Stock (YoY)   3.3% 3.3%
00:50 JPY M3 Money Supply (Jul)     2,062.3T
01:30 AUD Westpac Consumer Sentiment (Aug)     -3.0%
02:30 AUD NAB Business Confidence (Jul)     1
02:30 AUD NAB Business Survey (Jul)     13
04:35 USD 6-Month Bill Auction     2.850%
04:35 JPY 30-Year JGB Auction     1.230%
05:00 IDR Retail Sales (YoY) (Jun)     2.9%
07:00 JPY Machine Tool Orders (YoY)       17.1%
09:40 EUR Spanish 12-Month Letras Auction     0.687%
09:40 EUR Spanish 6-Month Letras Auction     0.117%
10:00 GBP 30-Year Treasury Gilt Auction     2.531%
10:30 EUR German 2-Year Schatz Auction     0.340%
11:00 USD NFIB Small Business Optimism (Jul)   89.5 89.5
12:00 MXN Core CPI (MoM) (Jul)   0.59% 0.77%
12:00 MXN CPI (YoY) (Jul)   8.13% 7.99%
12:00 MXN CPI (MoM) (Jul)   0.72% 0.84%
12:00 BRL BCB Copom Meeting Minutes      
13:00 BRL CPI (YoY) (Jul)   10.10% 11.89%
13:00 BRL CPI (MoM) (Jul)   -0.65% 0.67%
13:00 BRL Brazilian IPCA Inflation Index SA (MoM) (Jul)     0.73%
13:30 USD Nonfarm Productivity (QoQ) (Q2)     -4.7% -7.3%
13:30 USD Unit Labor Costs (QoQ) (Q2)     9.5% 12.6%
13:55 USD Redbook (YoY)     15.5%
15:00 USD IBD/TIPP Economic Optimism   40.2 38.5
16:30 USD 52-Week Bill Auction     2.960%
17:00 USD EIA Short-Term Energy Outlook      
18:00 USD 3-Year Note Auction     3.093%
21:30 USD API Weekly Crude Oil Stock     2.165M
GMT+1 Currency Event Actual Forecast Previous Imp.
00:00 KRW Unemployment Rate (Jul)     2.9%
00:50 JPY PPI (YoY) (Jul)   8.4% 9.2%
00:50 JPY PPI (MoM) (Jul)   0.4% 0.7%
02:30 CNY CPI (MoM) (Jul)   0.5% -0.2%
02:30 CNY CPI (YoY) (Jul)   2.9% 2.5%
02:30 CNY PPI (YoY) (Jul)   4.8% 6.1%
07:00 EUR German CPI (YoY) (Jul)   7.5% 7.5%
07:00 EUR German CPI (MoM) (Jul)   0.9% 0.9%
07:00 EUR German HICP (YoY) (Jul)   8.5% 8.2%
07:00 EUR German HICP (MoM) (Jul)   0.8% -0.1%
07:00 NOK Core CPI YTD (Jul)   3.8% 3.6%
07:00 NOK Core Inflation (MoM) (Jul)   0.8% 0.5%
07:00 NOK CPI (MoM) (Jul)   0.9% 0.9%
07:00 NOK CPI (YoY) (Jul)   6.3% 6.3%
07:00 NOK PPI (YoY) (Jul)     68.8%
09:00 EUR Italian CPI (MoM) (Jul)   0.4% 0.4%
09:00 EUR Italian CPI (YoY) (Jul)   7.9% 7.9%
09:00 EUR Italian CPI Ex Tobacco (MoM) (Jul)     7.8%
09:00 EUR Italian HICP (MoM) (Jul)   -1.1% -1.1%
09:00 EUR Italian HICP (YoY) (Jul)   8.4% 8.4%
10:10 EUR Italian 12-Month BOT Auction     0.722%
10:30 EUR German 30-Year Bund Auction     1.410%
10:30 ZAR Business Confidence (Jul)     89.3
12:00 USD MBA 30-Year Mortgage Rate     5.43%
12:00 USD MBA Mortgage Applications (WoW)     1.2%
12:00 USD MBA Purchase Index     208.4
12:00 USD Mortgage Market Index     279.2
12:00 USD Mortgage Refinance Index     640.6
12:30 INR M3 Money Supply     7.9%
13:00 BRL Retail Sales (MoM) (Jun)   -1.0% 0.1%
13:00 BRL Retail Sales (YoY) (Jun)   -0.1% -0.2%
13:30 USD Core CPI (MoM) (Jul)   0.5% 0.7%
13:30 USD Core CPI (YoY) (Jul)   6.1% 5.9%
13:30 USD Core CPI Index (Jul)     294.35
13:30 USD CPI (YoY) (Jul)   8.7% 9.1%
13:30 USD CPI (MoM) (Jul)   0.2% 1.3%
13:30 USD CPI Index, n.s.a. (Jul)   296.67 296.31
13:30 USD CPI Index, s.a (Jul)     295.33
13:30 USD CPI, n.s.a (MoM) (Jul)     1.37%
13:30 USD Real Earnings (MoM) (Jul)     -1.0%
15:00 USD Wholesale Inventories (MoM)   1.9% 1.8%
15:00 USD Wholesale Trade Sales (MoM) (Jun)   0.9% 0.5%
15:30 USD Crude Oil Inventories     4.467M
15:30 USD EIA Refinery Crude Runs (WoW)     -0.174M
15:30 USD Crude Oil Imports     2.214M
15:30 USD Cushing Crude Oil Inventories     0.926M
15:30 USD Distillate Fuel Production     -0.076M
15:30 USD EIA Weekly Distillates Stocks   1.038M -2.400M
15:30 USD Gasoline Production     -0.366M
15:30 USD Heating Oil Stockpiles     0.023M
15:30 USD EIA Weekly Refinery Utilization Rates (WoW)     -1.2%
15:30 USD Gasoline Inventories   -1.614M 0.163M
16:00 USD Cleveland CPI (MoM) (Jul)     0.7%
17:00 USD Thomson Reuters IPSOS PCSI (Aug)     49.50
17:00 BRL Brazil Thomson Reuters IPSOS PCSI (Aug)     46.14
18:00 USD 10-Year Note Auction     2.960%
18:30 BRL Foreign Exchange Flows     6.483B
19:00 USD Federal Budget Balance (Jul)   -194.0B -89.0B
23:45 NZD External Migration & Visitors (Jun)     26.30%
23:45 NZD Permanent/Long-Term Migration (Jun)     -828
GMT+1 Currency Event Actual Forecast Previous Imp.
00:01 GBP RICS House Price Balance (Jul)   60% 65%
01:00 SGD GDP (QoQ) (Q2)   0.8% 0.1%
01:00 SGD GDP (YoY) (Q2)   3.7% 4.8%
02:00 AUD MI Inflation Expectations     6.3%
04:00 KRW M2 Money supply (Jun)     8.60%
09:00 USD IEA Monthly Report      
10:10 EUR Italian 15-Year BTP Auction      
10:10 EUR Italian 3-Year BTP Auction     1.84%
10:10 EUR Italian 30-Year BTP Auction     4.230%
10:10 EUR Italian 7-Year BTP Auction     2.76%
10:30 ZAR Gold Production (YoY) (Jun)     -28.3%
10:30 ZAR Mining Production (Jun)   -5.0% -7.8%
11:00 GBP Thomson Reuters IPSOS PCSI (Aug)     43.3
11:00 EUR Italy Thomson Reuters IPSOS PCSI (Aug)     38.80
11:00 EUR Germany Thomson Reuters IPSOS PCSI (Aug)     47.48
11:00 EUR France Thomson Reuters IPSOS PCSI (Aug)     42.53
12:00 USD OPEC Monthly Report      
12:00 MXN Industrial Production (YoY) (Jun)   3.6% 3.3%
12:00 MXN Industrial Production (MoM) (Jun)     0.1%
12:00 ZAR Manufacturing Production (MoM) (Jun)   -0.5% -0.2%
12:00 ZAR Manufacturing Production (YoY) (Jun)   -2.9% -2.3%
13:00 BRL Brazilian Service Sector Growth (MoM) (Jun)   0.5% 0.9%
13:00 BRL Brazilian Service Sector Growth (YoY) (Jun)   6.1% 9.2%
13:30 USD Continuing Jobless Claims   1,407K 1,416K
13:30 USD Core PPI (MoM) (Jul)   0.4% 0.4%
13:30 USD Core PPI (YoY) (Jul)   7.6% 8.2%
13:30 USD Initial Jobless Claims   263K 260K
13:30 USD Jobless Claims 4-Week Avg.     254.75K
13:30 USD PPI (MoM) (Jul)   0.2% 1.1%
13:30 USD PPI (YoY) (Jul)   10.4% 11.3%
14:15 CNY M2 Money Stock (YoY)     11.4%
14:15 CNY New Loans     2,810.0B
14:15 CNY Outstanding Loan Growth (YoY)     11.2%
14:15 CNY Chinese Total Social Financing     5,170.0B
15:30 USD Natural Gas Storage   29B 41B
16:30 USD 4-Week Bill Auction     2.110%
16:30 USD 8-Week Bill Auction     2.210%
18:00 USD 30-Year Bond Auction     3.115%
19:00 MXN Interest Rate Decision (Aug)   8.50% 7.75%
22:00 KRW Export Price Index (YoY) (Jul)     23.7%
22:00 KRW Import Price Index (YoY) (Jul)     33.6%
23:30 NZD Business NZ PMI (Jul)     49.7
23:45 NZD FPI (MoM) (Jul)     1.2%
GMT+1 Currency Event Actual Forecast Previous Imp.
00:50 JPY Foreign Bonds Buying     37.1B
00:50 JPY Foreign Investments in Japanese Stocks     -120.3B
03:00 JPY Thomson Reuters IPSOS PCSI (Aug)     37.39
03:00 CNY China Thomson Reuters IPSOS PCSI (Aug)     71.52
06:30 EUR French Unemployment Rate (Q2)   7.3% 7.3%
07:00 GBP Business Investment (QoQ) (Q2)     -0.3% -0.6%
07:00 GBP Business Investment (YoY) (Q2)       8.3%
07:00 GBP U.K. Construction Output (YoY) (Jun)   3.3% 4.7%
07:00 GBP Construction Output (MoM) (Jun)   -1.5% 1.5%
07:00 GBP GDP (QoQ) (Q2)     -0.2% 0.8%
07:00 GBP GDP (YoY) (Q2)   2.8% 8.7%
07:00 GBP GDP (MoM)   -1.2% 0.5%
07:00 GBP Index of Services   -0.4% 0.1%
07:00 GBP Industrial Production (YoY) (Jun)   1.6% 1.4%
07:00 GBP Industrial Production (MoM) (Jun)   -1.3% 0.9%
07:00 GBP Manufacturing Production (YoY) (Jun)   0.9% 2.3%
07:00 GBP Manufacturing Production (MoM) (Jun)   -1.8% 1.4%
07:00 GBP Monthly GDP 3M/3M Change     0.4%
07:00 GBP Trade Balance (Jun)   -22.30B -21.45B
07:00 GBP Trade Balance Non-EU (Jun)     -10.37B
07:45 EUR French CPI (YoY)     6.1%
07:45 EUR French CPI (MoM) (Jul)     0.8%
07:45 EUR French HICP (MoM) (Jul)   0.3% 0.3%
07:45 EUR French HICP (YoY) (Jul)   6.8% 6.8%
08:00 EUR Spanish CPI (MoM) (Jul)   -0.2% -0.2%
08:00 EUR Spanish CPI (YoY) (Jul)   10.8% 10.8%
08:00 EUR Spanish HICP (MoM) (Jul)   -0.5% -0.5%
08:00 EUR Spanish HICP (YoY) (Jul)   10.8% 10.8%
09:00 EUR Italian Trade Balance (Jun)   0.350B -0.012B
09:00 EUR Italian Trade Balance EU (Jun)     0.25B
09:30 HKD GDP (QoQ) (Q2)     -0.9%
09:30 HKD GDP (YoY) (Q2)     -1.4%
10:00 EUR Industrial Production (YoY) (Jun)   0.8% 1.6%
10:00 EUR Industrial Production (MoM) (Jun)   0.2% 0.8%
10:30 EUR Gemran Current Account Balance n.s.a (Jun)     2.5B
12:30 INR Bank Loan Growth     14.0%
12:30 INR Deposit Growth     8.4%
12:30 INR FX Reserves, USD     573.88B
13:00 GBP NIESR Monthly GDP Tracker     0.2%
13:00 INR CPI (YoY) (Jul)   7.03% 7.01%
13:00 INR Cumulative Industrial Production (Jun)     12.90%
13:00 INR Exports (USD)     35.24B
13:00 INR Imports (USD)     66.26B
13:00 INR Industrial Production (YoY) (Jun)     19.6%
13:00 INR Manufacturing Output (MoM) (Jun)     20.6%
13:00 INR Trade Balance     -31.02B
13:30 USD Export Price Index (MoM) (Jul)   -1.1% 0.7%
13:30 USD Import Price Index (MoM) (Jul)   -1.0% 0.2%
15:00 USD Michigan 5-Year Inflation Expectations (Aug)       2.90%
15:00 USD Michigan Consumer Expectations (Aug)     48.4 47.3
15:00 USD Michigan Consumer Sentiment (Aug)     52.5 51.5
15:00 USD Michigan Current Conditions (Aug)     59.0 58.1
15:00 USD Michigan Inflation Expectations (Aug)       5.2%
17:00 USD WASDE Report      
18:00 USD U.S. Baker Hughes Oil Rig Count     598
18:00 USD U.S. Baker Hughes Total Rig Count     764
20:30 GBP CFTC GBP speculative net positions     -56.4K
20:30 USD CFTC Aluminium speculative net positions     4.0K
20:30 USD CFTC Copper speculative net positions     -27.4K
20:30 USD CFTC Corn speculative net positions     201.4K
20:30 USD CFTC Crude Oil speculative net positions     253.8K
20:30 USD CFTC Gold speculative net positions     124.3K
20:30 USD CFTC Nasdaq 100 speculative net positions     24.7K
20:30 USD CFTC Natural Gas speculative net positions     -125.0K
20:30 USD CFTC S&P 500 speculative net positions     -231.9K
20:30 USD CFTC Silver speculative net positions     1.0K
20:30 USD CFTC Soybeans speculative net positions     92.5K
20:30 USD CFTC Wheat speculative net positions     -0.7K
20:30 CAD CFTC CAD speculative net positions     20.3K
20:30 MXN CFTC MXN speculative net positions     -23.1K
20:30 CHF CFTC CHF speculative net positions     -13.3K
20:30 AUD CFTC AUD speculative net positions     -56.0K
20:30 BRL CFTC BRL speculative net positions     -1.1K
20:30 JPY CFTC JPY speculative net positions     -42.8K
20:30 NZD CFTC NZD speculative net positions     -1.6K
20:30 EUR CFTC EUR speculative net positions     -38.8K
GMT+1 Currency Event Actual Forecast Previous Imp.
00:00 AUD HIA New Home Sales (MoM)     1.9%

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.

CAPTCHA

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.

Apply for live account 

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.
 

 

cAlgo (cTrader Automate) is an algorithmic trading solution natively integrated with cTrader, working seamlessly alongside all other functionalities of the platform. Traders can build automated trading robots and custom indicators in C# language using the cTrader API, all built from a platform equipped with the tools needed to effectively back test and optimise trading strategies.

    CFDs and Spot FX are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.31% 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
    Read more
    Mail Call Chat Whatsapp