Trading Tools

At ICM we continuously strive to offer you services which can support you when trading with us. Below you will find a Pip Calculator which can help you to calculate the value of a pip depending on the currency pair and the lot size of your transaction. You will also find a Pivot Calculator which is simple to use and designed to calculate Pivot Points in just seconds. After that, you can have access to the Economic Calendar which will help you to track the occurrence of market-moving events. Also, you will have the opportunity to use the Trading Signals on MT4 which can help you to subscribe to the signal feeds of other traders via their MT4 platform.
 

Economic Calendar

GMT+1 Currency Event Actual Forecast Previous Imp.
00:50 JPY PPI (YoY) (Apr) 2.0% 2.0% 2.1%
00:50 JPY PPI (MoM) (Apr) 0.1% 0.1% -0.1%
07:00 JPY Machine Tool Orders (YoY)   22.0%   28.1%
07:30 INR WPI Food (YoY) (Apr) 0.87%   -0.29%
07:30 INR WPI Fuel (YoY) (Apr) 7.85%   4.70%
07:30 INR WPI Inflation (YoY) (Apr) 3.18% 2.86% 2.47%
07:30 INR WPI Manufacturing Inflation (YoY) (Apr) 3.11%   3.03%
07:40 IDR Motorbike Sales (YoY) (Apr) 49.70%   13.00%
07:45 USD FOMC Member Mester Speaks         
11:00 EUR ECB's Mersch Speaks         
11:15 EUR ECB's Lautenschlaeger Speaks         
11:45 USD OPEC Monthly Report      
12:45 EUR ECB's Praet Speaks         
13:00 INR CPI (YoY) (Apr) 4.58% 4.42% 4.28%
14:00 EUR French 12-Month BTF Auction -0.557%   -0.560%
14:00 EUR French 3-Month BTF Auction -0.565%   -0.563%
14:00 EUR French 6-Month BTF Auction -0.564%   -0.563%
14:40 USD FOMC Member Bullard Speaks         
16:00 EUR ECB's Lautenschlaeger Speaks         
16:30 USD 3-Month Bill Auction 1.890%   1.840%
16:30 USD 6-Month Bill Auction 2.035%   2.000%
17:15 EUR ECB's Praet Speaks         
18:45 EUR ECB's Coeure Speaks         
22:00 KRW Export Price Index (YoY) (Apr) -2.0%   -1.4%
22:00 KRW Import Price Index (YoY) (Apr) 4.0%   3.2%
GMT+1 Currency Event Actual Forecast Previous Imp.
00:10 AUD RBA Assist Gov Debelle Speaks         
02:30 AUD RBA Meeting Minutes      
02:40 AUD RBA Assist Gov Debelle Speaks         
03:00 CNY Fixed Asset Investment (YoY) (Apr) 7.0% 7.4% 7.5%
03:00 CNY Industrial Production (YoY) (Apr) 7.0% 6.4% 6.0%
03:00 CNY Retail Sales (YoY) (Apr) 9.4% 10.0% 10.1%
04:45 JPY 30-Year JGB Auction 0.750%   0.710%
05:00 IDR Export Growth (YoY) (Apr) 9.01% 12.00% 6.14%
05:00 IDR Import Growth (YoY) (Apr) 34.68% 19.00% 9.07%
05:00 IDR Trade Balance (Apr) -1.62B 0.70B 1.09B
05:30 JPY Tertiary Industry Activity Index (MoM) -0.3% -0.2% 0.1%
07:00 EUR German GDP (QoQ) (Q1)   0.3% 0.4% 0.6%
07:00 EUR German GDP (YoY) (Q1)   1.6% 1.8% 2.3%
07:00 NOK GDP (QoQ) (Q1) 0.6%   -0.3%
07:00 NOK GDP Mainland (QoQ) (Q1) 0.6% 0.5% 0.7%
07:00 NOK Trade Balance (Apr) 19.4B   15.0B
07:45 EUR French CPI (YoY) 1.6% 1.6% 1.6%
07:45 EUR French CPI (MoM) (Apr) 0.2% 0.1% 0.1%
07:45 EUR French HICP (MoM) (Apr) 0.2% 0.1% 0.1%
07:45 EUR French HICP (YoY) (Apr) 1.8% 1.8% 1.8%
07:45 EUR French Non-Farm Payrolls (QoQ) (Q1)   0.3% 0.4% 0.4%
08:15 CHF PPI (YoY) (Apr) 2.7%   2.0%
08:15 CHF PPI (MoM) (Apr) 0.4% 0.3% -0.2%
09:30 GBP Average Earnings ex Bonus (Mar) 2.9% 2.9% 2.8%
09:30 GBP Average Earnings Index +Bonus (Mar) 2.6% 2.7% 2.8%
09:30 GBP Claimant Count Change (Apr) 31.2K 13.3K 15.7K
09:30 GBP Employment Change 3M/3M (MoM) 197.0K 129.0K 55.0K
09:30 GBP Unemployment Rate (Mar) 4.2% 4.2% 4.2%
10:00 EUR German ZEW Current Conditions (May) 87.4 86.2 87.9
10:00 EUR German ZEW Economic Sentiment (May) -8.2 -8.0 -8.2
10:00 EUR GDP (YoY) (Q1)   2.5% 2.5% 2.5%
10:00 EUR GDP (QoQ) (Q1)   0.4% 0.4% 0.4%
10:00 EUR Industrial Production (MoM) (Mar) 0.5% 0.6% -0.9%
10:00 EUR Industrial Production (YoY) (Mar) 3.0% 3.7% 2.6%
10:00 EUR ZEW Economic Sentiment 2.4 2.0 1.9
10:30 ZAR Unemployment Rate (Q1) 26.70%   26.70%
10:30 ZAR Unemployment (Q1) 6.000M   5.900M
13:00 USD FOMC Member Kaplan Speaks         
13:10 INR Exports (USD) (Apr) 25.91B   29.11B
13:10 INR Imports (USD) (Apr) 39.63B   42.80B
13:10 INR Trade Balance (Apr) -13.72B -15.00B -13.69B
13:30 USD Core Retail Sales (MoM) (Apr) 0.3% 0.5% 0.4%
13:30 USD NY Empire State Manufacturing Index (May) 20.10 15.10 15.80
13:30 USD Retail Control (MoM) (Apr) 0.4% 0.4% 0.5%
13:30 USD Retail Sales (MoM) (Apr) 0.3% 0.4% 0.8%
13:30 USD Retail Sales Ex Gas/Autos (MoM) (Apr) 0.3% 0.4% 0.4%
13:55 USD Redbook (MoM) 0.8%   0.8%
13:55 USD Redbook (YoY) 4.9%   4.2%
15:00 USD Business Inventories (MoM) (Mar) 0.0% 0.2% 0.6%
15:00 USD MBA Delinquency Rates (QoQ)     5.17%
15:00 USD NAHB Housing Market Index (May) 70 70 68
15:25 NZD GlobalDairyTrade Price Index     -1.1%
16:30 USD 4-Week Bill Auction     1.660%
18:00 USD FOMC Member Williams Speaks         
21:00 USD US Foreign Buying, T-bonds (Mar)     43.20B
21:00 USD Overall Net Flow (Mar)   -55.60B 44.70B
21:00 USD TIC Net Long-Term Transactions (Mar)   52.0B 49.0B
21:00 USD TIC Net Long-Term Transactions including Swaps (Mar)     35.80B
21:30 USD API Weekly Crude Oil Stock     -1.850M
GMT+1 Currency Event Actual Forecast Previous Imp.
00:00 KRW Unemployment Rate (Apr)     4.0%
00:50 JPY GDP (YoY) (Q1)     -0.2% 1.6%
00:50 JPY GDP (QoQ) (Q1)     0.0% 0.4%
00:50 JPY GDP Expenditure (QoQ) (Q1)     0.4% 1.0%
00:50 JPY GDP External Demand (QoQ) (Q1)       0.0%
00:50 JPY GDP Price Index (YoY)     0.3% 0.1%
00:50 JPY GDP Private Consumption (QoQ) (Q1)     0.0% 0.5%
01:30 AUD Westpac Consumer Sentiment (May)     -0.6%
02:30 AUD Wage Price Index (YoY) (Q1)   2.1% 2.1%
02:30 AUD Wage Price Index (QoQ) (Q1)   0.6% 0.6%
02:30 CNY House Prices (YoY) (Apr)     4.9%
04:00 CNY FDI     0.50%
04:00 NZD RBNZ Offshore Holdings (Apr)     56.50%
05:30 JPY Capacity Utilization (MoM) (Mar)   1.0% 1.3%
05:30 JPY Industrial Production (MoM) (Mar)   1.2% 1.2%
07:00 EUR German CPI (YoY) (Apr)   1.6% 1.6%
07:00 EUR German CPI (MoM) (Apr)   0.0% 0.0%
07:00 EUR German HICP (YoY) (Apr)   1.4% 1.4%
07:00 EUR German HICP (MoM) (Apr)   -0.1% -0.1%
09:00 USD IEA Monthly Report      
09:00 EUR Italian Industrial New Orders (YoY) (Mar)     3.4%
09:00 EUR Italian Industrial New Orders (MoM) (Mar)     -0.6%
09:00 EUR Italian Industrial Sales (YoY) (Mar)     3.40%
09:00 EUR Italian Industrial Sales (MoM) (Mar)     0.50%
10:00 EUR Italian CPI (YoY) (Apr)   0.5% 0.5%
10:00 EUR Italian CPI (MoM) (Apr)   0.1% 0.1%
10:00 EUR Italian HICP (MoM) (Apr)   0.5% 0.5%
10:00 EUR Italian HICP (YoY) (Apr)   0.6% 0.6%
10:00 EUR Core CPI (MoM) (Apr)   0.2% 1.4%
10:00 EUR Core CPI (YoY) (Apr)   0.7% 0.7%
10:00 EUR CPI (YoY) (Apr)   1.2% 1.2%
10:00 EUR CPI (MoM) (Apr)   0.3% 1.0%
10:00 EUR CPI ex Tobacco (MoM) (Apr)     1.0%
10:00 EUR CPI ex Tobacco (YoY) (Apr)     1.2%
10:40 EUR German 10-Year Bund Auction     0.510%
12:00 USD MBA 30-Year Mortgage Rate     4.78%
12:00 USD MBA Mortgage Applications (WoW)     -0.4%
12:00 USD MBA Purchase Index     257.7
12:00 USD Mortgage Market Index     387.1
12:00 USD Mortgage Refinance Index     1,098.4
12:00 ZAR Retail Sales (YoY) (Mar)   4.4% 4.9%
12:30 BRL IBC-Br Economic Activity     0.09%
13:00 EUR ECB President Draghi Speaks         
13:30 USD Building Permits (Apr)   1.350M 1.379M
13:30 USD Building Permits (MoM) (Apr)     4.4%
13:30 USD FOMC Member Bostic Speaks         
13:30 USD Housing Starts (Apr)   1.310M 1.319M
13:30 USD Housing Starts (MoM) (Apr)   -1.1% 1.9%
13:30 CAD Manufacturing Sales (MoM) (Mar)   1.2% 1.9%
13:30 EUR ECB's Coeure Speaks         
14:15 USD Capacity Utilization Rate (Apr)   78.4% 78.0%
14:15 USD Industrial Production (YoY)     4.3%
14:15 USD Industrial Production (MoM) (Apr)   0.5% 0.5%
14:15 USD Manufacturing Production (MoM) (Apr)   0.5% 0.1%
14:30 BRL CAGED Net Payroll Jobs     56.15K
15:30 USD Crude Oil Inventories   -1.467M -2.197M
15:30 USD Crude Oil Imports     -0.955M
15:30 USD Cushing Crude Oil Inventories     1.388M
15:30 USD Distillate Fuel Production     -0.002M
15:30 USD EIA Weekly Distillates Stocks   -1.790M -3.791M
15:30 USD Gasoline Production     -0.071M
15:30 USD Heating Oil Stockpiles     -0.208M
15:30 USD Gasoline Inventories   -1.052M -2.174M
15:30 EUR ECB's Praet Speaks         
17:00 CAD BoC Gov Council Member Schembri Speaks         
17:00 CHF SNB Chairman Thomas Jordan speaks      
18:00 BRL Interest Rate Decision   6.25% 6.50%
22:00 BRL Foreign Exchange Flows     0.28B
23:30 USD FOMC Member Bullard Speaks         
23:45 NZD PPI Input (QoQ) (Q1)   0.3% 0.9%
23:45 NZD PPI Output (QoQ) (Q1)   0.2% 1.0%
GMT+1 Currency Event Actual Forecast Previous Imp.
00:50 JPY Core Machinery Orders (YoY) (Mar)   0.3% 2.4%
00:50 JPY Core Machinery Orders (MoM) (Mar)   -2.7% 2.1%
00:50 JPY Foreign Bonds Buying     -363.7B
00:50 JPY Foreign Investments in Japanese Stocks     -0.3B
01:30 SGD Non-Oil Exports (MoM) (Apr)   -0.20% -1.80%
01:30 SGD Non-Oil Exports (YoY) (Apr)   5.40% -2.70%
01:30 SGD Trade Balance     5.490B
02:00 AUD MI Inflation Expectations     3.6%
02:30 AUD Employment Change (Apr)   20.3K 4.9K
02:30 AUD Full Employment Change (Apr)     -19.9K
02:30 AUD Participation Rate (Apr)   65.5% 65.5%
02:30 AUD Unemployment Rate (Apr)   5.5% 5.5%
03:00 NZD Budget Balance (Jan)     -2.650B
03:00 NZD Net Debt Forecast (Jan)     21.70%
03:00 NZD Economic Forecast (Jan)     2.540B
06:30 EUR French Unemployment Rate (Q1)     8.9%
09:00 EUR Italian Trade Balance (Mar)   3.740B 3.104B
09:00 EUR Italian Trade Balance EU (Mar)     1.13B
09:30 HKD Unemployment Rate (Apr)     2.9%
09:40 EUR Spanish 10-Year Obligacion Auction     1.288%
09:40 EUR Spanish 3-Year Bonos Auction     -0.145%
09:40 EUR Spanish 5-Year Bonos Auction     0.194%
10:00 EUR French 3-Year BTAN Auction     -0.32%
10:00 EUR French 5-Year BTAN Auction     0.06%
10:00 EUR Trade Balance (Mar)     18.9B
11:00 IDR Interest Rate Decision   4.25% 4.25%
11:30 EUR ECB's Constancio Speaks         
13:00 EUR ECB's Constancio Speaks         
13:30 USD Continuing Jobless Claims   1,780K 1,790K
13:30 USD Initial Jobless Claims   215K 211K
13:30 USD Jobless Claims 4-Week Avg.     216.00K
13:30 USD Philadelphia Fed Manufacturing Index (May)   21.0 23.2
13:30 USD Philly Fed Business Conditions (May)     40.7
13:30 USD Philly Fed CAPEX Index (May)     29.80
13:30 USD Philly Fed Employment (May)     27.1
13:30 USD Philly Fed New Orders (May)     18.4
13:30 USD Philly Fed Prices Paid (May)     56.40
13:30 CAD ADP Nonfarm Employment Change     42.8K
13:30 CAD Foreign Securities Purchases (Mar)     3.96B
13:30 CAD Foreign Securities Purchases by Canadians (Mar)     6.35B
14:45 USD Bloomberg Consumer Confidence     55.8
15:30 USD Natural Gas Storage   91B 89B
15:30 CAD BoC Review      
15:30 CAD BoC Review      
15:31 IDR Deposit Facility Rate (May)   3.75% 3.50%
15:31 IDR Lending Facility Rate (May)   5.25% 5.00%
15:45 USD FOMC Member Kashkari Speaks         
17:00 GBP BoE MPC Member Haldane Speaks         
18:00 USD 10-Year TIPS Auction     0.764%
18:30 USD FOMC Member Kaplan Speaks         
20:00 MXN Interest Rate Decision (May)   7.50% 7.50%
GMT+1 Currency Event Actual Forecast Previous Imp.
00:30 JPY National Core CPI (YoY) (Apr)   0.8% 0.9%
00:30 JPY National CPI (YoY) (Apr)   0.7% 1.1%
00:30 JPY National CPI (MoM)     -0.4%
07:00 EUR German PPI (YoY) (Apr)   1.8% 1.9%
07:00 EUR German PPI (MoM) (Apr)   0.3% 0.1%
07:00 EUR German WPI (YoY) (Apr)     1.2%
07:00 EUR German WPI (MoM) (Apr)   0.2% 0.0%
08:00 USD FOMC Member Mester Speaks         
09:00 EUR Current Account (Mar)     35.1B
09:00 EUR Current Account n.s.a. (Mar)     22.7B
09:30 IDR Loans (YoY)     8.20%
10:00 EUR Trade Balance (Mar)   27.9B 18.9B
11:30 BRL Federal Tax Revenue     105.66B
12:30 INR FX Reserves, USD     418.94B
13:30 CAD Common CPI (YoY)   1.9% 1.9%
13:30 CAD Core CPI (MoM) (Apr)     0.2%
13:30 CAD Core CPI (YoY) (Apr)   1.4% 1.4%
13:30 CAD Core Retail Sales (MoM) (Mar)   0.5% 0.0%
13:30 CAD CPI (YoY) (Apr)   2.3% 2.3%
13:30 CAD CPI (MoM) (Apr)   0.4% 0.3%
13:30 CAD Median CPI (YoY)   2.1% 2.1%
13:30 CAD Retail Sales (MoM) (Mar)   0.3% 0.4%
13:30 CAD Trimmed CPI (YoY)   2.1% 2.0%
14:15 USD FOMC Member Brainard Speaks         
14:15 USD FOMC Member Kaplan Speaks         
15:30 USD ECRI Weekly Annualized (WoW)     4.5%
15:30 USD ECRI Weekly Index     149.3
18:00 USD U.S. Baker Hughes Oil Rig Count     844
20:30 GBP CFTC GBP speculative net positions     9.0K
20:30 USD CFTC Copper speculative net positions     33.5K
20:30 USD CFTC Crude Oil speculative net positions     679.9K
20:30 USD CFTC Gold speculative net positions     107.4K
20:30 USD CFTC S&P 500 speculative net positions     162.4K
20:30 USD CFTC Silver speculative net positions     -0.1K
20:30 CAD CFTC CAD speculative net positions     -23.9K
20:30 MXN CFTC MXN speculative net positions     76.2K
20:30 CHF CFTC CHF speculative net positions     -32.6K
20:30 AUD CFTC AUD speculative net positions     -16.8K
20:30 JPY CFTC JPY speculative net positions     -5.5K
20:30 NZD CFTC NZD speculative net positions     12.5K
20:30 EUR CFTC EUR speculative net positions     120.5K

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 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 offers leverage of 1:200. 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 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.

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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 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 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.
 

Using cTrader Algo

cAlgo (cTrader Automate) is an algorithmic trading solution, which is natively integrated with cTrader and works seamlessly alongside all other functionalities of the platform. Traders can build automated trading robots and custom indicators in the popular C# language using the highly functional cTrader API from a platform that is equipped with the necessary tools to properly back test and optimize trading strategies.

CFDs and Spot FX are leveraged products. Trading CFD's or Spot FX carries a high risk to your capital and can result in losses that exceed your deposits.