ICM.com Press Releases

ICM Reduces Spreads by up to 50%, Adds 4 New Commodities, 9 Fresh FX Pairs and a US Treasury Bond

London, UK – Tuesday, March 8, 2022: ICM.com, a leading UK-based global multi-regulated financial service provider, have reduced spreads by up to 50% on gold, oil, Dow Jones, S&P, Nasdaq and natural gas. The company have also added 4 hot new commodities, 9 fresh FX pairs and a 10-year US treasury bond CFD to their online trading platforms this week.

With over 5,000 different financial instruments, ICM.com is one of the most compressive trading platforms available, ideal for those wanting to expand into new opportunities and for those seeking to build a diverse portfolio based on market conditions.

Using a platform with low spreads will allow investors to maximise trading profits. ICM.com have reduced their spreads to their lowest ever levels across its user-friendly online trading platforms. This week there has been up to a 50% reduction in spreads across 7 of its key products: @Goldm, @DJ, @NQ, @SP @CL @BR and @NG. ICM intends to maintain these low transaction fees and aims to further reduce them soon.

The list of added commodities includes platinum, a rare and precious metal that is highly sought-after in the ever-expanding automotive industry and industrial sector. As the value of platinum depends upon its supply and demand, it is seen as having an exciting future as a prosperous alternative to gold trading.

Besides platinum, investors can now trade cotton, sugar, and cocoa. Traded together these are seen to offer protection during inflationary periods. Cotton prices often align with the expansion of the technology sector. Sugar prices correlate with the price of oil and cocoa futures often fluctuate independently of other financial assets.

ICM.com have also added an extra 9 FX pairs, including Euro vs South African Rand (EURZARm), Euro vs Mexican Peso (EURMXNm), and Euro vs Norwegian Krona (EURNOKm). These are all available for CFD trading across its MT4 and MT5 platforms. 

Finally, ICM have added a Treasury Bond CFD. This is a contract for difference based on a US 10-Year Bond Yield, a debt obligation issued by the government of the United States. CFD bonds are deeply influenced by interest rates and provide an opportunity to speculate on the market.

Shoaib Abedi, CEO and founder of ICM.com commented “After observing the evolution of finance sector, we decided that now is the right time to improve our current offering and add a new range of trading instruments. Our aim is to respond better to the interest of our existing clients and expand to new markets. It’s been a great start of the year for the company and we are working towards bigger improvements to provide the best possible trading environment for investors around the globe.”

Throughout its history, ICM.com have been providing online financial services in more than a hundred countries. They currently hold more than 7 global industry regulations, including FCA, QABs and ARIF.