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

VPS hosting for forex trading

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
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