Specifications
- OTC Spot Foreign Exchange
- OTC Precious Metals
- OTC US Stocks
- OTC Energy Futures
- OTC Index Futures
- Cash CFDs
-
i. ICM Capital Trading Hours: Sunday - Friday (22:01 - 22:00) Server TimeForeign Exchange ICM Direct ICM Direct Limits/stops pending orders can be placed from market price ICM Zero ICM ZERO LIMITS/STOPS PENDING ORDERS CAN BE PLACED FROM MARKET PRICE AUDCAD 3.8 No Minimum 0.4 No Minimum AUDCHF 3.2 No Minimum 0.4 No Minimum AUDJPY 3 No Minimum 0.3 No Minimum AUDNZD 4 No Minimum 0.2 No Minimum AUDUSD 1.8 No Minimum 0.1 No Minimum CADCHF 3.4 No Minimum 0.3 No Minimum CADJPY 3 No Minimum 0.2 No Minimum CHFJPY 2.8 No Minimum 0.5 No Minimum EURAUD 3.1 No Minimum 0.4 No Minimum EURCAD 3.3 No Minimum 0.5 No Minimum EURCHF 2.1 No Minimum 0.2 No Minimum EURGBP 1.3 No Minimum 0.1 No Minimum EURJPY 2.1 No Minimum 0.5 No Minimum EURNZD 4.5 No Minimum 0.5 No Minimum EURSGD 14 No Minimum 1 No Minimum EURUSD 1.3 No Minimum 0 No Minimum GBPAUD 3.7 No Minimum 0.6 No Minimum GBPCAD 3.5 No Minimum 0.6 No Minimum GBPCHF 2.9 No Minimum 0.7 No Minimum GBPJPY 2.1 No Minimum 0 No Minimum GBPNZD 6.3 No Minimum 0.6 No Minimum GBPSGD 95 No Minimum 0.8 No Minimum GBPUSD 2 No Minimum 0.2 No Minimum NZDCAD 3.9 No Minimum 0.6 No Minimum NZDCHF 3 No Minimum 0.3 No Minimum NZDJPY 3 No Minimum 0.2 No Minimum NZDUSD 2 No Minimum 0.2 No Minimum USDCAD 2 No Minimum 0.1 No Minimum USDCHF 1.5 No Minimum 0.2 No Minimum USDCNH 14 No Minimum 0.7 No Minimum USDJPY 1.3 No Minimum 0 No Minimum USDSGD 13 No Minimum 1.2 No Minimum
ii. Min and Max Lots per trade: 0.01 lots - 500 lots
iii. All contract size is 100,000 of the base currency
iv. Subject to change without prior notice
Margin Requirement Calculation Formulas:
Example for calculating the margin requirement for ICM Direct trades is as follows:
Required Margin = (Trade Size (lot size) / leverage) * account currency exchange rate (if different from the base currency in the pair being traded).
Example:
Trading 1 lot of GBP/USD using 1:200 leverage with an account currency denominated in USD
1 lot = 100,000
Leverage = 200
Base currency/Account currency exchange rate = 1.58
100,000/200 = 500
500 * 1.58 = 790
Required margin on this trade is $790.Swap Policy
ICM Capital offers Islamic accounts to clients following the Muslim faith. Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against Islamic faith.
ICM Capital reserves the right to discontinue an Islamic/SWAP-free account without warning. ICM Capital will invoke this right in case of suspicion of abuse, in which case ICM Capital may, at its sole discretion, decide to close all open positions in the account and deduct or add swaps for all transactions currently and/or previously made in the account and decline from accepting any further requests from the Client to be exempted from SWAP. -
Ticker Description Contract Size Margin Req. Min. Fluctuation Pip Value Limits/stops pending orders can be placed from market price ICM Typical Spread @GC OTC Gold Future 100 Troy oz $1,000 0.1 $10.00 50 Cents 0.10 DAY OPEN CLOSE RE-OPEN Sunday 23:00 Monday 22:00 23:00 Tuesday 22:00 23:00 Wednesday 22:00 23:00 Thursday 22:00 23:00 Friday 22:00 Ticker Description Contract Size Margin Req. Min. Fluctuation Pip Value Limits/stops pending orders can be placed from market price ICM Typical Spread @SI OTC Silver Futures 5000 Troy oz $2,000 0.001 $5 100 Cents 0.05 DAY OPEN CLOSE RE-OPEN Sunday 23:00 Monday 22:00 23:00 Tuesday 22:00 23:00 Wednesday 22:00 23:00 Thursday 22:00 23:00 Friday 22:00 Ticker Description Contract Size Margin Req. Min. Fluctuation Pip Value Limits/stops pending orders can be placed from market price ICM Typical Spread @PA OTC Palladium Future 10 Troy Oz $1,000 0.01 $0.10 50 Cents 2.9
i. All times are based on ICM Capital Server timeDAY OPEN CLOSE RE-OPEN Sunday 23:00 Monday 22:00 23:00 Tuesday 22:00 23:00 Wednesday 22:00 23:00 Thursday 22:00 23:00 Friday 22:00
ii. ii. Min and Max Lots per trade: 0.01 lots - 500 lots
iii. ICM Direct account requires no minimum limits/stops required to enter the market
iv. Subject to change without prior notice
Swap Policy
ICM Capital offers Islamic accounts to clients following the Muslim faith. Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against Islamic faith.
ICM Capital reserves the right to discontinue an Islamic/SWAP-free account without warning. ICM Capital will invoke this right in case of suspicion of abuse, in which case ICM Capital may, at its sole discretion, decide to close all open positions in the account and deduct or add swaps for all transactions currently and/or previously made in the account and decline from accepting any further requests from the Client to be exempted from SWAP. -
Symbol Description Contract size Pip Value Limits/Stops Pending Orders Can Be Placed From Market Price Margin required AAL American Airlines 100 Shares $1 15 Cents 5% AIG American International Group 100 Shares $1 15 Cents 10% AMZN Amazon 100 Shares $1 15 Cents 5% APPL Apple Inc 100 Shares $1 15 Cents 5% AXP American Express 100 Shares $1 15 Cents 5% BABA Alibaba 100 Shares $1 15 Cents 5% BLK Blackrock 100 Shares $1 15 Cents 10% BRKB Berkshire Hathaway Class B 100 Shares $1 15 Cents 10% C Citigroup Inc 100 Shares $1 15 Cents 5% CAT Caterpillar Inc 100 Shares $1 15 Cents 5% CI Cigna Corp 100 Shares $1 15 Cents 10% COF Capital One 100 Shares $1 15 Cents 10% CRM Salesforce 100 Shares $1 15 Cents 10% CVX Chevron 100 Shares $1 15 Cents 5% DIS Walt Disney Company 100 Shares $1 15 Cents 10% EBAY Ebay 100 Shares $1 15 Cents 5% EL Estee Lauder 100 Shares $1 15 Cents 5% EXPE Expedia 100 Shares $1 15 Cents 5% F Ford Motors 100 Shares $1 15 Cents 5% FB Facebook 100 Shares $1 15 Cents 10% FDX Fedex 100 Shares $1 15 Cents 10% GE General Electric Co 100 Shares $1 15 Cents 5% GOOGL Google Inc 100 Shares $1 15 Cents 10% GPS Gap 100 Shares $1 15 Cents 10% GRMN Garmin 100 Shares $1 15 Cents 10% GS Goldman Sachs Group 100 Shares $1 15 Cents 10% HAL Halliburton 100 Shares $1 15 Cents 10% HAS Hasbro 100 Shares $1 15 Cents 5% HD Home Depot 100 Shares $1 15 Cents 5% HLF Herballife 100 Shares $1 15 Cents 10% HOG Harley-Davidson 100 Shares $1 15 Cents 10% HON Honeywell International 100 Shares $1 15 Cents 10% HPE Hewlett Packard Enterprise 100 Shares $1 15 Cents 10% IBM International Business Machines 100 Shares $1 15 Cents 5% INTC Intel 100 Shares $1 15 Cents 5% JD JD.com 100 Shares $1 15 Cents 10% JNJ Johnson&Johnson 100 Shares $1 15 Cents 5% JPM Jp Morgan Chase 100 Shares $1 15 Cents 5% K Kellogg 100 Shares $1 15 Cents 10% KMB Kimberly Clark 100 Shares $1 15 Cents 10% KO Coca Cola 100 Shares $1 15 Cents 5% LMT Lockheed Martin 100 Shares $1 15 Cents 10% MA Mastercard 100 Shares $1 15 Cents 10% MAR Marriott International 100 Shares $1 15 Cents 10% MASI Masimo Corp 100 Shares $1 15 Cents 10% MCO Moody 100 Shares $1 15 Cents 10% MCD McDonald's 100 Shares $1 15 Cents 10% MET Metlife Inc 100 Shares $1 15 Cents 10% MHK Mohawk Industries Inc 100 Shares $1 15 Cents 10% MMM 3M Company 100 Shares $1 15 Cents 5% MRVL Marvell 100 Shares $1 15 Cents 10% MS Morgan Stanley 100 Shares $1 15 Cents 10% MSCI MSCI Inc 100 Shares $1 15 Cents 10% MSFT Microsoft Corporation 100 Shares $1 15 Cents 5% MSI Motorola Solutions 100 Shares $1 15 Cents 10% MU Micron Technology, Inc. 100 Shares $1 15 Cents 10% NFLX Netflix, Inc. 100 Shares $1 15 Cents 10% NKE NIKE Inc. 100 Shares $1 15 Cents 10% NTRS Northern Trust 100 Shares $1 15 Cents 5% NVDA NVIDIA Corporation 100 Shares $1 15 Cents 10% ORCL Oracle 100 Shares $1 15 Cents 5% PEP Pepsi Co 100 Shares $1 15 Cents 10% PFE Pfizer Inc 100 Shares $1 15 Cents 5% PG Procter & Gamb 100 Shares $1 15 Cents 5% PRU Prudential Financial 100 Shares $1 15 Cents 10% QCOM Qualcomm 100 Shares $1 15 Cents 5% RACE Ferrari 100 Shares $1 15 Cents 20% SBUX Starbucks 100 Shares $1 15 Cents 5% SIRI Sirius Satellite Radio 100 Shares $1 15 Cents 10% SLB Schlumberger 100 Shares $1 15 Cents 5% SNAP Snap Inc 100 Shares $1 15 Cents 10% SNE Sony Corp 100 Shares $1 15 Cents 10% STX Seagate Technology 100 Shares $1 15 Cents 10% T At&T 100 Shares $1 15 Cents 5% TGI Triumph Group Inc 100 Shares $1 15 Cents 10% TRIP Tripadvisor 100 Shares $1 15 Cents 10% TRV Travelers 100 Shares $1 15 Cents 10% TSLA Tesla Motors 100 Shares $1 15 Cents 5% TWTR Twitter 100 Shares $1 15 Cents 10% UA Under Armour 100 Shares $1 15 Cents 10% V Visa 100 Shares $1 15 Cents 10% VZ Verizon Communications 100 Shares $1 15 Cents 5% WFC Wells Fargo 100 Shares $1 15 Cents 10% WMT Walmart Stores 100 Shares $1 15 Cents 5% WU Western Union 100 Shares $1 15 Cents 10% WYND Wyndham Destinations Inc 100 Shares $1 15 Cents 10% WYNN Wynn Resorts 100 Shares $1 15 Cents 10% XRX Xerox 100 Shares $1 15 Cents 10%
i. All above instruments are on market executionDay Open Close Monday 14:30 21:00 Tuesday 14:30 21:00 Wednesday 14:30 21:00 Thursday 14:30 21:00 Friday 14:30 21:00
ii. Fully Automated
iii. All times are based on ICM Capital Server time
iv. Subject to change without prior notice
v. No commission charged for all above products (excludes China)
Swap Policy
ICM Capital offers Islamic accounts to clients following the Muslim faith. Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against Islamic faith.
ICM Capital reserves the right to discontinue an Islamic/SWAP-free account without warning. ICM Capital will invoke this right in case of suspicion of abuse, in which case ICM Capital may, at its sole discretion, decide to close all open positions in the account and deduct or add swaps for all transactions currently and/or previously made in the account and decline from accepting any further requests from the Client to be exempted from SWAP. -
Ticker Description Contract Size Margin Req. Min. Fluctuation Pip Value Limits/stops pending orders can be placed from market price ICM Typical Spread @CL OTC Light Sweet Crude Oil Future 1,000 Barrels $1,000 0.01 $10.0 15 Cents 2 Day Open Close Re-Open Sunday 23:00 Monday 22:00 23:00 Tuesday 22:00 23:00 Wednesday 22:00 23:00 Thursday 22:00 23:00 Friday 22:00 Ticker Description Contract Size Margin Req. Min. Fluctuation Pip Value Limits/stops pending orders can be placed from market price ICM Typical Spread @NG OTC E-Mini Natural Gas Henry Hub Future 10,000 mbtu $2,500 0.001 $10.0 50 Cents 3 Day Open Close Re-Open Sunday 23:00 Monday 22:00 23:00 Tuesday 22:00 23:00 Wednesday 22:00 23:00 Thursday 22:00 23:00 Friday 22:00 Ticker Description Contract Size Margin Req. Min. Fluctuation Pip Value Limits/stops pending orders can be placed from market price ICM Typical Spread @BR OTC Brent Crude Future 1,000 Barrels $1,000 0.01 $10.0 15 Cents 2
i. All above instruments are on market executionDay Open Close Monday 01:00 22:00 Tuesday 01:00 22:00 Wednesday 01:00 22:00 Thursday 01:00 22:00 Friday 01:00 22:00
ii. All times are based on ICM Capital Server time
iii. Subject to change without prior notice
iv. No commission charged for all above products
Swap Policy
ICM Capital offers Islamic accounts to clients following the Muslim faith. Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against Islamic faith.
ICM Capital reserves the right to discontinue an Islamic/SWAP-free account without warning. ICM Capital will invoke this right in case of suspicion of abuse, in which case ICM Capital may, at its sole discretion, decide to close all open positions in the account and deduct or add swaps for all transactions currently and/or previously made in the account and decline from accepting any further requests from the Client to be exempted from SWAP. -
Ticker Description Contract Size Margin Req. Min. Fluctuation Pip Value Limits/stops pending orders can be placed from market price ICM Typical Spread @SP OTC E-Mini S&P 500 Index Future $50 X Index Value $3000 0.01 $0.5 50 Cents 1 Day Open Close Daily Breaks Sunday 23:00 24:00 21:15 – 21:30 and 22:00 – 23:00 Monday 00:00 24:00 Tuesday 00:00 24:00 Wednesday 00:00 24:00 Thursday 00:00 24:00 Friday 00:00 21:15 Ticker Description Contract Size Margin Req. Min. Fluctuation Pip Value Limits/stops pending orders can be placed from market price ICM Typical Spread @DJ OTC Dow Jones Futures $10 per full point $3000 1 point $10.0 10 Points 2 Day Open Close Daily Breaks Sunday 23:00 24:00 21:15 – 21:30 and 22:00 – 23:00 Monday 00:00 24:00 Tuesday 00:00 24:00 Wednesday 00:00 24:00 Thursday 00:00 24:00 Friday 00:00 21:15 Ticker Description Contract Size Margin Req. Min. Fluctuation Pip Value Limits/stops pending orders can be placed from market price ICM Typical Spread @DJm OTC Mini Dow Jones $5 per full point $3000 1 point $5 10 Points 2 Day Open Close Daily Breaks Sunday 23:00 24:00 21:15 – 21:30 and 22:00 – 23:00 Monday 00:00 24:00 Tuesday 00:00 24:00 Wednesday 00:00 24:00 Thursday 00:00 24:00 Friday 00:00 21:15 Ticker Description Contract Size Margin Req. Min. Fluctuation Pip Value Limits/stops pending orders can be placed from market price ICM Typical Spread @NQ OTC E-mini NASDAQ $20 per full point $3000 0.01 $0.2 10 Points 1.8 Day Open Close Daily Breaks Sunday 23:00 24:00 21:15 – 21:30 and 22:00 – 23:00 Monday 00:00 24:00 Tuesday 00:00 24:00 Wednesday 00:00 24:00 Thursday 00:00 24:00 Friday 00:00 21:15 Ticker Description Contract Size Margin Req. Min. Fluctuation Pip Value Limits/stops pending orders can be placed from market price ICM Typical Spread @FTSE OTC FTSE 100 Index Future GBP 10 X FTSE 100 Index $2,500 0.25 Points 2.5 GBP 500 Index points 300 Day Open Close Monday 8:00 21:00 Tuesday 8:00 21:00 Wednesday 8:00 21:00 Thursday 8:00 21:00 Friday 8:00 21:00 Ticker Description Contract Size Margin Req. Min. Fluctuation Pip Value Limits/stops pending orders can be placed from market price ICM Typical Spread @DAX OTC DAX Index Future EUR 25 X DAX Index $3,500 0.25 Points EUR 6.25 500 Index points 300
i. All above instruments are on market executionDay Open Close Monday 7:00 21:00 Tuesday 7:00 21:00 Wednesday 7:00 21:00 Thursday 7:00 21:00 Friday 7:00 21:00
ii. All times are based on ICM Capital Server time
iii. Subject to change without prior notice
iv. No commission charged for all above products
Swap Policy
ICM Capital offers Islamic accounts to clients following the Muslim faith. Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against Islamic faith.
ICM Capital reserves the right to discontinue an Islamic/SWAP-free account without warning. ICM Capital will invoke this right in case of suspicion of abuse, in which case ICM Capital may, at its sole discretion, decide to close all open positions in the account and deduct or add swaps for all transactions currently and/or previously made in the account and decline from accepting any further requests from the Client to be exempted from SWAP. -
i. Min and Max Lots per trade: 1 lot - 500 lotsSymbol Description ICM Typical Spread Contract size Tick Size Tick Value Margin Percent #BRENT UK Brent Oil Spot CFD | 1 USD 2.3 1000 0.001 1 1% #WTI WTI Crude Oil Spot CFD | 1 USD 2.3 1000 0.001 1 1% #DOW30 US Dow30 Spot Index CFD | 1 USD 4.2 10 0.1 1 5 #Euro50 Euro Stoxx 50 Spot Index CFD | 1 EUR 2.8 10 0.01 0.1 5 #Germany30 Germany DAX30 Spot Index CFD | 1 EUR 4 10 0.1 1 5 #Japan225 Japan Nikkei225 Spot Index CFD | 1 USD 20 10 0.1 1 5 #UK100 UK FTSE100 Spot Index CFD | 1 GBP 4 10 0.1 1 5 #US500 US S&P500 Spot Index CFD | 1 USD 2.5 10 0.01 0.1 5 #USTech100 US NASDAQ100 Spot Index CFD | 1 USD 4 10 0.1 1 5 #France40 France CAC40 Spot Index CFD | 1 EUR 4 10 0.1 1 5 #Spain35 Spain IBEX35 Spot Index CFD | 1 EUR 12 10 0.1 1 5
Swap Policy
ICM Capital offers Islamic accounts to clients following the Muslim faith. Forex Islamic accounts are also known as swap-free accounts as they imply no swap or rollover interest on overnight positions, which is against Islamic faith.
ICM Capital reserves the right to discontinue an Islamic/SWAP-free account without warning. ICM Capital will invoke this right in case of suspicion of abuse, in which case ICM Capital may, at its sole discretion, decide to close all open positions in the account and deduct or add swaps for all transactions currently and/or previously made in the account and decline from accepting any further requests from the Client to be exempted from SWAP.