Unveil a world of trading potential through our cutting-edge tools. Designed to enhance your trading experience, these tools offer insights, speed, and security to conquer forex. Discover how our innovations reshape your journey.
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Maximize your trading strategy with our free calculators. Manage risk, project profits and losses, and compute foreign exchange rates effortlessly.
Calculating a Pip: In most forex pairs, a pip equals the 4th decimal place (0.0001), roughly 1/100 of 1%. For JPY pairs, it's the 2nd decimal place.
Precision and Protection: Measuring movements in these small units safeguards new traders against significant losses. A fractional pip, or 'pipette,' is 1/10th of a standard pip's value, offering tighter spreads and improving comprehension of price shifts.
Note: In non-JPY pairs, one pipette is at the 5th decimal place, while in JPY pairs, it's at the 2nd decimal place.
Lots: A forex lot represents the amount of currency bought or sold. For example, trading $100,000 is the trade's size, expressed as a forex lot. In this case, a standard lot equals 100,000 units of any currency (e.g., EUR 100,000 = 1 standard lot Euro).
Leverage and Risk Management: ICM offers 1:200 leverage for profit potential. However, leverage can also magnify losses if the trade moves unfavorably. To manage risk, use stop and limit orders as part of your trading strategy.
Precision is Paramount: When entering numbers, ensure utmost accuracy by adhering to the required format with the precise number of digits. For instance, if EUR/USD uses 5-digit quotes instead of 4, adopt the correct approach:
Incorrect: 1.3151/1.3153
Correct: 1.31508/1.31524
Unveil Pivot Points: For accurate pivot point calculations, extract the Open, High, Low, and Close prices from MetaTrader 4's platform. Employ the 'Crosshair' tool, symbolized by a + sign in the top left corner of the chart, to glide over the data and secure reliable insights.
How the margin calculator functions:
Account Currency Selection: Start by selecting your preferred account currency.
Currency Pair Choice: Next, indicate the currency pair(s) you plan to trade.
Position Size Input: Specify the size of your position, and the calculator will promptly display the corresponding margin requirement.
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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 (MoM) (Mar) | 4.7% | 2.9% | 2.1% | |
13:30 | CAD | RMPI (YoY) (Mar) | 0.8% | -4.7% | ||
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 (MoM) (Mar) | 0.2% | 0.3% | ||
22:00 | KRW | PPI (YoY) (Mar) | 1.6% | 1.5% |
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 (MoM) | -3.7% | -4.3% | 2.4% | |
12:30 | USD | Building Permits | 1.467M | 1.458M | 1.524M | |
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) | 6.50B | 5.79B | ||
23:45 | NZD | Imports (Mar) | 5.91B | 6.10B | ||
23:45 | NZD | Trade Balance (YoY) (Mar) | -9,870M | -12,060M | ||
23:45 | NZD | Trade Balance (MoM) (Mar) | 588M | -505M | -315M |
GMT+1 | Currency | Event | Actual | Forecast | Previous | Imp. |
---|---|---|---|---|---|---|
00:50 | JPY | Corporate Services Price Index (CSPI) (YoY) | 2.3% | 2.1% | 2.2% | |
02:30 | AUD | CPI (YoY) (Q1) | 3.6% | 3.4% | 4.1% | |
02:30 | AUD | CPI (QoQ) (Q1) | 1.0% | 0.8% | 0.6% | |
02:30 | AUD | CPI Index Number (Q1) | 137.40 | 136.10 | ||
02:30 | AUD | Trimmed Mean CPI (YoY) (Q1) | 4.0% | 3.8% | 4.2% | |
02:30 | AUD | Trimmed Mean CPI (QoQ) (Q1) | 1.0% | 0.8% | 0.8% | |
02:30 | AUD | Monthly CPI Indicator (YoY) (Mar) | 3.50% | 3.40% | 3.40% | |
02:30 | AUD | Weighted mean CPI (YoY) (Q1) | 4.4% | 4.1% | 4.4% | |
02:30 | AUD | Weighted mean CPI (QoQ) (Q1) | 1.1% | 0.9% | 0.9% | |
08:00 | EUR | German Buba President Nagel Speaks | ||||
08:00 | IDR | Loans (YoY) (Mar) | 12.40% | 11.28% | ||
08:30 | IDR | Interest Rate Decision | 6.25% | 6.00% | 6.00% | |
08:30 | IDR | Deposit Facility Rate (Apr) | 5.50% | 5.25% | 5.25% | |
08:30 | IDR | Lending Facility Rate (Apr) | 7.00% | 6.75% | 6.75% | |
09:00 | EUR | Italian Business Confidence (Apr) | 87.6 | 89.5 | 88.4 | |
09:00 | EUR | Italian Consumer Confidence (Apr) | 95.2 | 96.9 | 96.5 | |
09:00 | CHF | ZEW Expectations (Apr) | 17.6 | 11.5 | ||
09:00 | EUR | German Business Expectations (Apr) | 89.9 | 88.9 | 87.7 | |
09:00 | EUR | German Current Assessment (Apr) | 88.9 | 88.7 | 88.1 | |
09:00 | EUR | German Ifo Business Climate Index (Apr) | 89.4 | 88.9 | 87.9 | |
09:15 | EUR | ECB Supervisory Board Member Tuominen Speaks | ||||
10:30 | EUR | German Buba President Nagel Speaks | ||||
10:50 | EUR | German 10-Year Bund Auction | 2.540% | 2.380% | ||
11:00 | GBP | CBI Industrial Trends Orders (Apr) | -23 | -16 | -18 | |
11:00 | EUR | Eurogroup Meetings | ||||
12:00 | USD | MBA 30-Year Mortgage Rate | 7.24% | 7.13% | ||
12:00 | USD | MBA Mortgage Applications (WoW) | -2.7% | 3.3% | ||
12:00 | USD | MBA Purchase Index | 144.2 | 145.6 | ||
12:00 | USD | Mortgage Market Index | 196.7 | 202.1 | ||
12:00 | USD | Mortgage Refinance Index | 472.7 | 500.7 | ||
12:00 | BRL | FGV Consumer confidence (Apr) | 93.2 | 91.3 | ||
12:40 | EUR | Italian 6-Month BOT Auction | 3.661% | 3.765% | ||
13:00 | MXN | 1st Half-Month Core CPI (Apr) | 0.16% | 0.16% | 0.33% | |
13:00 | MXN | 1st Half-Month CPI (Apr) | 0.09% | -0.03% | 0.27% | |
13:30 | USD | Core Durable Goods Orders (MoM) (Mar) | 0.2% | 0.3% | 0.1% | |
13:30 | USD | Durable Goods Orders (MoM) (Mar) | 2.6% | 2.5% | 0.7% | |
13:30 | USD | Durables Excluding Defense (MoM) (Mar) | 2.3% | 1.5% | ||
13:30 | USD | Goods Orders Non Defense Ex Air (MoM) (Mar) | 0.2% | 0.2% | 0.4% | |
13:30 | CAD | Core Retail Sales (MoM) (Feb) | -0.3% | 0.0% | 0.4% | |
13:30 | CAD | Manufacturing Sales (MoM) | -2.8% | 0.7% | ||
13:30 | CAD | Retail Sales (MoM) (Feb) | -0.1% | 0.1% | -0.3% | |
14:15 | EUR | ECB McCaul Speaks | ||||
15:00 | EUR | ECB's Schnabel Speaks | ||||
15:30 | USD | Crude Oil Inventories | -6.368M | 1.600M | 2.735M | |
15:30 | USD | EIA Refinery Crude Runs (WoW) | -0.042M | 0.131M | ||
15:30 | USD | Crude Oil Imports | -0.417M | -1.991M | ||
15:30 | USD | Cushing Crude Oil Inventories | -0.659M | 0.033M | ||
15:30 | USD | Distillate Fuel Production | 0.178M | -0.038M | ||
15:30 | USD | EIA Weekly Distillates Stocks | 1.614M | -0.900M | -2.760M | |
15:30 | USD | Gasoline Production | -0.275M | -0.025M | ||
15:30 | USD | Heating Oil Stockpiles | 1.073M | -0.714M | ||
15:30 | USD | EIA Weekly Refinery Utilization Rates (WoW) | 0.4% | -0.2% | ||
15:30 | USD | Gasoline Inventories | -0.634M | -1.400M | -1.154M | |
16:00 | USD | Atlanta Fed GDPNow (Q1) | 2.7% | 2.9% | 2.9% | |
18:00 | USD | 5-Year Note Auction | 4.659% | 4.235% | ||
18:30 | CAD | BOC Summary of Deliberations | ||||
22:00 | KRW | Manufacturing BSI Index (May) | 71 | 74 |
GMT+1 | Currency | Event | Actual | Forecast | Previous | Imp. |
---|---|---|---|---|---|---|
00:00 | KRW | GDP (QoQ) (Q1) | 1.3% | 0.6% | 0.6% | |
00:00 | KRW | GDP (YoY) (Q1) | 3.4% | 2.4% | 2.2% | |
00:50 | JPY | Foreign Bonds Buying | 648.1B | -1,000.1B | ||
00:50 | JPY | Foreign Investments in Japanese Stocks | -492.4B | 1,730.7B | ||
04:00 | IDR | M2 Money Supply (YoY) (Mar) | 7.20% | 5.30% | ||
06:00 | JPY | Coincident Indicator (MoM) | -0.7% | -1.2% | ||
06:00 | JPY | Leading Index (MoM) | 2.3% | 2.3% | -0.4% | |
06:00 | JPY | Leading Index | 111.8 | 111.8 | 109.5 | |
07:00 | EUR | GfK German Consumer Climate (May) | -24.2 | -25.9 | -27.3 | |
07:00 | NOK | Unemployment Rate (Mar) | 4.0% | 3.4% | ||
07:45 | EUR | French Business Survey (Apr) | 100 | 102 | 103 | |
08:00 | EUR | Spanish PPI (YoY) (Mar) | -8.2% | -8.5% | ||
08:00 | EUR | ECB's Schnabel Speaks | ||||
09:00 | EUR | ECB Economic Bulletin | ||||
09:30 | HKD | Exports (MoM) (Mar) | 4.7% | -0.8% | ||
09:30 | HKD | Imports (MoM) (Mar) | 5.3% | -1.8% | ||
09:30 | HKD | Trade Balance (Mar) | -45.0B | -41.7B | ||
10:30 | ZAR | PPI (YoY) (Mar) | 4.6% | 4.5% | ||
10:30 | ZAR | PPI (MoM) (Mar) | 1.1% | 0.5% | ||
11:00 | GBP | CBI Distributive Trades Survey (Apr) | -44 | -2 | 2 | |
11:00 | EUR | France Jobseekers Total (Mar) | 2,812.2K | 2,820.6K | ||
13:00 | BRL | BCB National Monetary Council Meeting | ||||
13:30 | USD | Continuing Jobless Claims | 1,781K | 1,814K | 1,796K | |
13:30 | USD | Core PCE Prices (Q1) | 3.70% | 3.40% | 2.00% | |
13:30 | USD | GDP (QoQ) (Q1) | 1.6% | 2.5% | 3.4% | |
13:30 | USD | GDP Price Index (QoQ) (Q1) | 3.1% | 3.0% | 1.7% | |
13:30 | USD | GDP Sales (Q1) | 2.0% | 3.9% | ||
13:30 | USD | Goods Trade Balance (Mar) | -91.83B | -91.10B | -91.84B | |
13:30 | USD | Initial Jobless Claims | 207K | 214K | 212K | |
13:30 | USD | Jobless Claims 4-Week Avg. | 213.25K | 214.50K | ||
13:30 | USD | PCE Prices (Q1) | 3.4% | 1.8% | ||
13:30 | USD | Real Consumer Spending (Q1) | 2.5% | 2.8% | 3.3% | |
13:30 | USD | Retail Inventories Ex Auto (Mar) | -0.1% | 0.3% | ||
13:30 | USD | Wholesale Inventories (MoM) | -0.4% | 0.2% | 0.4% | |
13:30 | CAD | Average Weekly Earnings (YoY) (Feb) | 4.53% | 3.74% | ||
15:00 | USD | Pending Home Sales (MoM) (Mar) | 3.4% | 0.3% | 1.6% | |
15:00 | USD | Pending Home Sales Index (Mar) | 78.2 | 75.6 | ||
15:00 | USD | Treasury Secretary Yellen Speaks | ||||
15:30 | USD | Natural Gas Storage | 92B | 87B | 50B | |
16:00 | USD | KC Fed Composite Index (Apr) | -8 | -5 | -7 | |
16:00 | USD | KC Fed Manufacturing Index (Apr) | -13 | -9 | ||
16:15 | EUR | German Buba President Nagel Speaks | ||||
16:30 | USD | 4-Week Bill Auction | 5.275% | 5.280% | ||
16:30 | USD | 8-Week Bill Auction | 5.275% | 5.275% | ||
16:45 | EUR | German Buba Mauderer Speaks | ||||
18:00 | USD | 7-Year Note Auction | 4.716% | 4.185% | ||
18:30 | BRL | Foreign Exchange Flows | 0.165B | 1.278B | ||
21:30 | USD | Fed's Balance Sheet | 7,402B | 7,406B | ||
21:30 | USD | Reserve Balances with Federal Reserve Banks | 3.272T | 3.330T |
GMT+1 | Currency | Event | Actual | Forecast | Previous | Imp. |
---|---|---|---|---|---|---|
00:01 | GBP | GfK Consumer Confidence (Apr) | -19 | -20 | -21 | |
00:30 | JPY | CPI Tokyo Ex Food & Energy (YoY) (Apr) | 1.4% | 2.7% | 2.9% | |
00:30 | JPY | Tokyo Core CPI (YoY) (Apr) | 1.6% | 2.2% | 2.4% | |
00:30 | JPY | Tokyo CPI (YoY) (Apr) | 1.8% | 2.6% | 2.6% | |
00:30 | JPY | CPI Tokyo Ex Food and Energy (MoM) (Apr) | -0.2% | 0.2% | ||
01:30 | SGD | URA Property Index (QoQ) (Q1) | 1.40% | 1.50% | 2.80% | |
02:30 | AUD | Export Price Index (QoQ) (Q1) | -2.1% | 5.6% | ||
02:30 | AUD | Import Price Index (QoQ) (Q1) | -1.8% | 0.1% | 1.1% | |
02:30 | AUD | PPI (YoY) (Q1) | 4.3% | 4.1% | ||
02:30 | AUD | PPI (QoQ) (Q1) | 0.9% | 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% | 0.10% | 0.10% | |
06:00 | SGD | Industrial Production (MoM) (Mar) | -16.0% | -8.8% | 14.6% | |
06:00 | SGD | Industrial Production (YoY) (Mar) | -9.2% | -1.5% | 4.4% | |
07:00 | NOK | Core Retail Sales (MoM) (Mar) | 0.3% | 0.2% | ||
07:30 | JPY | BoJ Press Conference | ||||
07:45 | EUR | French Consumer Confidence (Apr) | 90 | 92 | 91 | |
08:00 | EUR | Spanish Retail Sales (YoY) (Mar) | 0.6% | 1.8% | ||
08:00 | EUR | Spanish Unemployment Rate (Q1) | 12.29% | 11.80% | 11.80% | |
09:00 | CHF | SNB Board Member Jordan Speaks | ||||
09:00 | EUR | ECB's De Guindos Speaks | ||||
09:00 | EUR | M3 Money Supply (YoY) (Mar) | 0.9% | 0.5% | 0.3% | |
09:00 | EUR | M3 Money Supply (Mar) | 10,000,000.0M | 10,000,000.0M | ||
09:00 | EUR | Loans to Non Financial Corporations (Mar) | 0.4% | 0.3% | ||
09:00 | EUR | Private Sector Loans (YoY) | 0.2% | 0.3% | 0.3% | |
12:30 | INR | FX Reserves, USD | 640.33B | 643.16B | ||
13:00 | MXN | Trade Balance (Mar) | 2.098B | 0.700B | -0.585B | |
13:00 | MXN | Trade Balance (USD) (Mar) | -1.583B | -1.750B | ||
13:00 | MXN | Unemployment Rate (Mar) | 2.70% | 2.60% | ||
13:00 | MXN | Unemployment Rate n.s.a. (Mar) | 2.30% | 2.40% | 2.50% | |
13:00 | BRL | Mid-Month CPI (MoM) (Apr) | 0.21% | 0.29% | 0.36% | |
13:00 | BRL | Mid-Month CPI (YoY) (Apr) | 3.77% | 3.86% | 4.14% | |
13:30 | USD | Core PCE Price Index (MoM) (Mar) | 0.3% | 0.3% | 0.3% | |
13:30 | USD | Core PCE Price Index (YoY) (Mar) | 2.8% | 2.6% | 2.8% | |
13:30 | USD | PCE Price index (YoY) (Mar) | 2.7% | 2.6% | 2.5% | |
13:30 | USD | PCE price index (MoM) (Mar) | 0.3% | 0.3% | 0.3% | |
13:30 | USD | Personal Income (MoM) (Mar) | 0.5% | 0.5% | 0.3% | |
13:30 | USD | Personal Spending (MoM) (Mar) | 0.8% | 0.6% | 0.8% | |
13:30 | USD | Real Personal Consumption (MoM) (Mar) | 0.5% | 0.5% | ||
13:30 | CAD | Wholesale Sales (MoM) | 1.3% | 0.0% | ||
14:00 | USD | Dallas Fed PCE (Mar) | 2.90% | 3.40% | ||
15:00 | USD | Michigan 1-Year Inflation Expectations (Apr) | 3.2% | 3.1% | 2.9% | |
15:00 | USD | Michigan 5-Year Inflation Expectations (Apr) | 3.0% | 3.0% | 2.8% | |
15:00 | USD | Michigan Consumer Expectations (Apr) | 76.0 | 77.0 | 77.4 | |
15:00 | USD | Michigan Consumer Sentiment (Apr) | 77.2 | 77.8 | 79.4 | |
15:00 | USD | Michigan Current Conditions (Apr) | 79.0 | 79.3 | 82.5 | |
16:00 | CAD | Budget Balance (Feb) | 8.30B | -2.10B | ||
17:00 | USD | Atlanta Fed GDPNow (Q2) | 3.9% | |||
18:00 | USD | U.S. Baker Hughes Oil Rig Count | 506 | 511 | ||
18:00 | USD | U.S. Baker Hughes Total Rig Count | 613 | 619 | ||
20:30 | GBP | CFTC GBP speculative net positions | -26.2K | 8.6K | ||
20:30 | USD | CFTC Aluminium speculative net positions | 1.3K | 1.0K | ||
20:30 | USD | CFTC Copper speculative net positions | 58.4K | 47.6K | ||
20:30 | USD | CFTC Corn speculative net positions | -160.2K | -204.9K | ||
20:30 | USD | CFTC Crude Oil speculative net positions | 264.8K | 290.5K | ||
20:30 | USD | CFTC Gold speculative net positions | 202.9K | 201.9K | ||
20:30 | USD | CFTC Nasdaq 100 speculative net positions | 6.1K | 8.5K | ||
20:30 | USD | CFTC Natural Gas speculative net positions | -132.5K | -131.9K | ||
20:30 | USD | CFTC S&P 500 speculative net positions | 67.7K | 74.1K | ||
20:30 | USD | CFTC Silver speculative net positions | 59.3K | 53.4K | ||
20:30 | USD | CFTC Soybeans speculative net positions | -154.6K | -171.9K | ||
20:30 | USD | CFTC Wheat speculative net positions | -43.4K | -62.9K | ||
20:30 | CAD | CFTC CAD speculative net positions | -76.5K | -82.8K | ||
20:30 | MXN | CFTC MXN speculative net positions | 123.7K | 127.7K | ||
20:30 | CHF | CFTC CHF speculative net positions | -42.6K | -36.2K | ||
20:30 | AUD | CFTC AUD speculative net positions | -96.2K | -101.1K | ||
20:30 | BRL | CFTC BRL speculative net positions | 1.0K | 0.9K | ||
20:30 | JPY | CFTC JPY speculative net positions | -179.9K | -165.6K | ||
20:30 | NZD | CFTC NZD speculative net positions | -12.0K | -11.7K | ||
20:30 | EUR | CFTC EUR speculative net positions | -10.0K | 12.2K |
GMT+1 | Currency | Event | Actual | Forecast | Previous | Imp. |
---|---|---|---|---|---|---|
02:30 | CNY | Chinese Industrial profit YTD (Mar) | 4.3% | 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.
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.
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.
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.
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.
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
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.
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.
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.
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Calculating a Pip: In most forex pairs, a pip equals the 4th decimal place (0.0001), roughly 1/100 of 1%. For JPY pairs, it's the 2nd decimal place.
Precision and Protection: Measuring movements in these small units safeguards new traders against significant losses. A fractional pip, or 'pipette,' is 1/10th of a standard pip's value, offering tighter spreads and improving comprehension of price shifts.
Note: In non-JPY pairs, one pipette is at the 5th decimal place, while in JPY pairs, it's at the 2nd decimal place.
Lots: A forex lot represents the amount of currency bought or sold. For example, trading $100,000 is the trade's size, expressed as a forex lot. In this case, a standard lot equals 100,000 units of any currency (e.g., EUR 100,000 = 1 standard lot Euro).
Leverage and Risk Management: ICM offers 1:200 leverage for profit potential. However, leverage can also magnify losses if the trade moves unfavorably. To manage risk, use stop and limit orders as part of your trading strategy.
ICM.com is a multinational established brand regulated and authorised in various jurisdictions around the world.
ICM Capital Limited (UK) is regulated and authorised by Financial Conduct Authority (FCA) registration number: 520965.
ICM Limited (Abu Dhabi, UAE) is regulated and authorised by the Abu Dhabi Global Markets (ADGM) Financial Services Regulatory Authority (FSRA) registration number: 210045.
ICM Capital Limited (MU) is regulated and authorised by Financial Services Commission of Mauritius under license number: C118023357.
ICM Capital (Labuan) Limited is regulated and authorised by Financial Services Authority of Labuan under license number: MB/18/0029.
ICM Capital LLC (VC) is registered by the Financial Services Authority of Saint Vincent and the Grenadines under number: 1853 LLC 2022.
Registered Address: Beachmont Business Centre, Suite 288, Kingstown, St. Vincent and the Grenadines.
ICM Capital SA (Pty) Ltd is a licensed Financial Services Provider, regulated and authorised by the Financial Sector Conduct Authority (FSCA) of South Africa FSP: 53234.
ICM House AG (Zurich, Switzerland) is licensed under the supervision of ARIF registration number CHE-497.911.976.
For further details on the above licences, regulations, and legal documentations. Please click here.
Trade Responsibly: CFDs and Spot FX are complex instruments that come with a high risk of losing funds due to leverage. You should not engage in this form of investing unless you understand the nature of the transaction you are undertaking and the true extent of your exposure to financial loss. Your profit and loss will vary according to the extent of the fluctuations in the price of the underlying markets on which the trade is based.
Regional restrictions: ICM Brand does not provide services to residents of the USA, North Korea, China and a few other countries.
Disclaimer : Information on this site is not directed at residents in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
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