Specifications

  • Foreign Exchange ICM Direct ICM Direct Limits/stops pending orders can be placed from market price
    AUDCAD 4.3 No Minimum
    AUDCHF 4.2 No Minimum
    AUDJPY 4.0 No Minimum
    AUDNZD 4.5 No Minimum
    AUDUSD 1.9 No Minimum
    CADCHF 4.0 No Minimum
    CADJPY 3.5 No Minimum
    CHFJPY 4.0 No Minimum
    EURAUD 4.3 No Minimum
    EURCAD 4.2 No Minimum
    EURCHF 3.0 No Minimum
    EURGBP 1.9 No Minimum
    EURJPY 2.5 No Minimum
    EURNZD 4.8 No Minimum
    EURSGD 15.0 No Minimum
    EURTRYV 80 No Minimum
    EURUSD 1.3 No Minimum
    GBPAUD 4.8 No Minimum
    GBPCAD 4.7 No Minimum
    GBPCHF 4.4 No Minimum
    GBPJPY 3.5 No Minimum
    GBPNZD 6.4 No Minimum
    GBPSGD 22.0 No Minimum
    GBPUSD 2.3 No Minimum
    NZDCAD 4.5 No Minimum
    NZDCHF 4.4 No Minimum
    NZDJPY 4.4 No Minimum
    NZDUSD 2.4 No Minimum
    USDCAD 2.3 No Minimum
    USDCHF 1.9 No Minimum
    USDCNH 15.0 No Minimum
    USDJPY 1.5 No Minimum
    USDSGD 15.0 No Minimum
    USDTRYV 60 No Minimum
    i. ICM Capital Trading Hours: Sunday - Friday (22:00 - 22:00) Server Time
    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
    v. Leverage USDTRY 1:20, EURTRY 1:15. Swaps will be charged on these currency pairs even if a swap-free setting is enabled. We reserve the right to stop out accounts trading these currency pairs at 10%.
     

    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.

  • Metals/US$ ICM Capital Trading Hours Contract size Margin Requirement ICM Direct Typical Spread* ICM Direct Limits/stops pending orders can be placed from market price
    GOLD Spot 23:01 - 22:00 (Sun - Fri)
    /22:00 - 23:00 (Daily break)
    100
    Troy oz
    0.5% $0.35 No Minimum
    SILVER Spot 23:01 - 22:00 (Sun - Fri)
    /22:00 - 23:00 (Daily break)
    5,000
    Troy oz
    1% $0.04 No Minimum
    Metals/EUR€ ICM Capital Trading Hours Contract size Margin Requirement ICM Standard Fixed Spread ICM Standard Limits/stops pending orders can be placed from market price
    GOLDEURO Spot 23:01 - 22:00 (Sun - Fri)
    /22:00 - 23:00 (Daily break)
    100
    Troy oz
    0.5% EUR 0.80 80 cents
    SILVEREURO Spot 23:01 - 22:00 (Sun - Fri)
    /22:00 - 23:00 (Daily break)
    5,000
    Troy oz
    1% EUR 0.04 10 cents
    i. All times are based on ICM Capital Server time
    ii. Min and Max Lots per trade: 0.01 lots - 50 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 ICM Typical Spread Pip Value Limits/Stops Pending Orders Can Be Placed From Market Price Margin required
    AIG American International Group 100 Shares 2.00 $1 15 Cents 10%
    AMZN Amazon 100 Shares 14.50 $1 15 Cents 5%
    APPL Apple Inc 100 Shares 1.50 $1 15 Cents 5%
    BABA Alibaba 100 Shares 1.10 $1 15 Cents 5%
    C Citigroup Inc 100 Shares 1.50 $1 15 Cents 10%
    CAT Caterpillar Inc 100 Shares 2.00 $1 15 Cents 5%
    CRM Salesforce 100 Shares 1.60 $1 15 Cents 10%
    CSCO Cisco Systems 100 Shares 1.30 $1 15 Cents 5%
    CVX Chevron 100 Shares 1.60 $1 15 Cents 5%
    DIS Walt Disney Company 100 Shares 1.60 $1 15 Cents 10%
    EBAY Ebay 100 Shares 1.10 $1 15 Cents 5%
    F Ford Motors 100 Shares 1.10 $1 15 Cents 5%
    FDX Fedex 100 Shares 2.10 $1 15 Cents 10%
    GE General Electric Co 100 Shares 1.30 $1 15 Cents 5%
    GOOGL Google Inc 100 Shares 15.00 $1 15 Cents 5%
    GS Goldman Sachs Group 100 Shares 2.20 $1 15 Cents 10%
    HAL Halliburton 100 Shares 1.30 $1 15 Cents 10%
    HD Home Depot 100 Shares 1.70 $1 15 Cents 5%
    HOG Harley-Davidson 100 Shares 1.40 $1 15 Cents 10%
    IBM International Business Machines 100 Shares 2.10 $1 15 Cents 5%
    INTC Intel 100 Shares 1.50 $1 15 Cents 5%
    JNJ Johnson&Johnson 100 Shares 1.40 $1 15 Cents 5%
    KO Coca Cola 100 Shares 1.70 $1 15 Cents 5%
    LMT Lockheed Martin 100 Shares 5.00 $1 15 Cents 10%
    MAR Marriott International 100 Shares 1.90 $1 15 Cents 10%
    MCO Moody 100 Shares 2.90 $1 15 Cents 10%
    MET Metlife Inc 100 Shares 1.30 $1 15 Cents 10%
    MMM 3M Company 100 Shares 2.70 $1 15 Cents 5%
    MS Morgan Stanley 100 Shares 1.50 $1 15 Cents 10%
    MSFT Microsoft Corporation 100 Shares 1.50 $1 15 Cents 5%
    MU Micron Technology, Inc. 100 Shares 1.50 $1 15 Cents 10%
    NFLX Netflix, Inc. 100 Shares 4.70 $1 15 Cents 10%
    NKE NIKE Inc. 100 Shares 1.40 $1 15 Cents 10%
    NTRS Northern Trust 100 Shares 1.90 $1 15 Cents 5%
    NVDA NVIDIA Corporation 100 Shares 2.00 $1 15 Cents 10%
    PFE Pfizer Inc 100 Shares 1.50 $1 15 Cents 5%
    PG Procter & Gamb 100 Shares 1.30 $1 15 Cents 5%
    RACE Ferrari 100 Shares 2.80 $1 15 Cents 20%
    RL Ralph Lauren 100 Shares 2.60 $1 15 Cents 10%
    SIRI Sirius Satellite Radio 100 Shares 1.30 $1 15 Cents 10%
    UA Under Armour 100 Shares 1.30 $1 15 Cents 10%
    V Visa 100 Shares 1.70 $1 15 Cents 10%
    VZ Verizon Communications 100 Shares 1.30 $1 15 Cents 5%
    WU Western Union 100 Shares 1.30 $1 15 Cents 10%
    XRX Xerox 100 Shares 1.30 $1 15 Cents 10%
    Day Open Close
    Monday 14:31 20:59
    Tuesday 14:31 20:59
    Wednesday 14:31 20:59
    Thursday 14:31 20:59
    Friday 14:31 20:59
    Ticker Description Contract Size Margin Req. Pip Value Limits/stops pending orders can be placed from market price Fixed Spread
    APPL Apple Inc 100 Shares $4,000 1 15 pips 35 cents
    GOOGL Google Inc 100 Shares $4,000 1 15 pips 120 cents
    Day Open Close
    Monday 14:31 20:59
    Tuesday 14:31 20:59
    Wednesday 14:31 20:59
    Thursday 14:31 20:59
    Friday 14:31 20:59
    i. All above instruments are on market execution 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 4
    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  

    Contract Expiry Date

    Trading Month Symbol Starting Date Expiry Date
    JAN @CL_F9 8-Nov-18 14-Dec-18
    FEB @CL_G9 7-Dec-18 18-Jan-19
    MAR @CL_H9 11-Jan-19 18-Feb-19
    APR @CL_J9 11-Feb-19 18-Mar-19
    MAY @CL_K9 11-Mar-19 19-Apr-19
    JUN @CL_M9 12-Apr-19 17-May-19
    JUL @CL_N9 10-May-19 18-Jun-19
    AUG @CL_Q9 11-Jun-19 19-Jul-19
    SEP @CL_U9 12-Jul-19 16-Aug-19
    OCT @CL_V9 9-Aug-19 18-Sep-19
    NOV @CL_X9 11-Sep-19 18-Oct-19
    DEC @CL_Z9 11-Oct-19 18-Nov-19
    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 5
    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  

    Contract Expiry Date

    Trading Month Symbol Starting Date Expiry Date
    JAN @NG_F9 19-Nov-18 21-Dec-18
    FEB @NG_G9 14-Dec-18 28-Jan-19
    MAR @NG_H9 21-Jan-19 25-Feb-19
    APR @NG_J9 18-Feb-19 26-Mar-19
    MAY @NG_K9 19-Mar-19 25-Apr-19
    JUN @NG_M9 18-Apr-19 28-May-19
    JUL @NG_N9 21-May-19 25-Jun-19
    AUG @NG_Q9 18-Jun-19 26-Jul-19
    SEP @NG_U9 19-Jul-19 27-Aug-19
    OCT @NG_V9 20-Aug-19 25-Sep-19
    NOV @NG_X9 18-Sep-19 28-Oct-19
    DEC @NG_Z9 21-Oct-19 25-Nov-19
    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 5
    Day Open Close
    Monday 01:01 21:59
    Tuesday 01:01 21:59
    Wednesday   01:01 21:59
    Thursday 01:01 21:59
    Friday 01:01 21:59

    Contract Expiry Date

    Trading Month Symbol Starting Date Expiry Date
    JAN @BR_F9 22-Oct-18 29-Nov-18
    FEB @BR_G9 22-Nov-18 26-Dec-18
    MAR @BR_H9 19-Dec-18 30-Jan-19
    APR @BR_J9 23-Jan-19 26-Feb-19
    MAY @BR_K9 19-Feb-19 27-Mar-19
    JUN @BR_M9 20-Mar-19 26-Apr-19
    JUL @BR_N9 19-Apr-19 29-May-19
    AUG @BR_Q9 22-May-19 26-Jun-19
    SEP @BR_U9 19-Jun-19 29-Jul-19
    OCT @BR_V9 26-Jul-19 28-Aug-19
    NOV @BR_X9 21-Aug-19 27-Sep-19
    DEC @BR_Z9 20-Sep-19 29-Oct-19
    i. All above instruments are on market execution
    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 $1,000 0.25 $12.5 50 Cents 1.25
    Day Open Close Daily Breaks
    Sunday 23:00 22:00 21:15 – 21:30 and 22:00 – 23:00
    Monday 23:00 22:00 21:15 – 21:30 and 22:00 – 23:00
    Tuesday 23:00 22:00 21:15 – 21:30 and 22:00 – 23:00
    Wednesday 23:00 22:00 21:15 – 21:30 and 22:00 – 23:00
    Thursday 23:00 22:00 21:15 – 21:30 and 22:00 – 23:00
    Friday 23:00 22:00 21:15 – 21:30 and 22:00 – 23:00

    Contract Expiry Date

    Trading Month Symbol Starting Date Expiry Date
    MAR @SP_H9 12-Dec-18 13-Mar-19
    JUN @SP_M9 6-Mar-19 19-Jun-19
    SEP @SP_U9 12-Jun-19 18-Sep-19
    DEC @SP_Z9 11-Sep-19 18-Dec-19
    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 $1,000 1 point $10.0 10 Points 5
    Day Open Close Daily Breaks
    Sunday 23:00 22:00 21:15 – 21:30 and 22:00 – 23:00
    Monday 23:00 22:00 21:15 – 21:30 and 22:00 – 23:00
    Tuesday 23:00 22:00 21:15 – 21:30 and 22:00 – 23:00
    Wednesday 23:00 22:00 21:15 – 21:30 and 22:00 – 23:00
    Thursday 23:00 22:00 21:15 – 21:30 and 22:00 – 23:00
    Friday 23:00 22:00 21:15 – 21:30 and 22:00 – 23:00

    Contract Expiry Date

    Trading Month Symbol Starting Date Expiry Date
    MAR @DJ_H9 12-Dec-18 13-Mar-19
    JUN @DJ_M9 6-Mar-19 19-Jun-19
    SEP @DJ_U9 12-Jun-19 18-Sep-19
    DEC @DJ_Z9 11-Sep-19 18-Dec-19
    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 $1,000 1 point $5 10 Points 5
    >
    Day Open Close Daily Breaks
    Sunday 23:00 22:00 21:15 – 21:30 and 22:00 – 23:00
    Monday 23:00 22:00 21:15 – 21:30 and 22:00 – 23:00
    Tuesday 23:00 22:00 21:15 – 21:30 and 22:00 – 23:00
    Wednesday 23:00 22:00 21:15 – 21:30 and 22:00 – 23:00
    Thursday 23:00 22:00 21:15 – 21:30 and 22:00 – 23:00
    Friday 23:00 22:00 21:15 – 21:30 and 22:00 – 23:00

    Contract Expiry Date

    Trading Month Symbol Starting Date Expiry Date
    MAR @DJm_H9 12-Dec-18 13-Mar-19
    JUN @DJm_M9 6-Mar-19 19-Jun-19
    SEP @DJm_U9 12-Jun-19 18-Sep-19
    DEC @DJm_Z9 11-Sep-19 18-Dec-19
    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 $1,000 0.25 $5 10 Points 1.25
    >
    Day Open Close Daily Breaks
    Sunday 23:00 22:00 21:15 – 21:30 and 22:00 – 23:00
    Monday 23:00 22:00 21:15 – 21:30 and 22:00 – 23:00
    Tuesday 23:00 22:00 21:15 – 21:30 and 22:00 – 23:00
    Wednesday 23:00 22:00 21:15 – 21:30 and 22:00 – 23:00
    Thursday 23:00 22:00 21:15 – 21:30 and 22:00 – 23:00
    Friday 23:00 22:00 21:15 – 21:30 and 22:00 – 23:00

    Contract Expiry Date

    Trading Month Symbol Starting Date Expiry Date
    MAR @NQ_H9 12-Dec-18 13-Mar-19
    JUN @NQ_M9 6-Mar-19 19-Jun-19
    SEP @NQ_U9 12-Jun-19 18-Sep-19
    DEC @NQ_Z9 11-Sep-19 18-Dec-19
    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 0.50 Points 5 GBP 5 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

    Contract Expiry Date

    Trading Month Symbol Starting Date Expiry Date
    MAR @FTSE_H9 13-Dec-18 13-Mar-19
    JUN @FTSE_M9 6-Mar-19 19-Jun-19
    SEP @FTSE_U9 12-Jun-19 18-Sep-19
    DEC @FTSE_Z9 11-Sep-19 18-Dec-19
    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 $2,500 0.50 Points EUR 12.50 5 Index points 500
    Day 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

    Contract Expiry Date

    Trading Month Symbol Starting Date Expiry Date
    Dec @DAX_Z7 7-Sep-17 14-Dec-17
    MAR @DAX_H9 13-Dec-18 13-Mar-19
    JUN @DAX_M9 6-Mar-19 19-Jun-19
    SEP @DAX_U9 12-Jun-19 18-Sep-19
    DEC @DAX_Z9 11-Sep-19 18-Dec-19
    i. All above instruments are on market execution
    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.

  • Symbol Description ICM Typical Spread Contract size Tick Size Tick Value Margin Percent
    #BRENT UK Brent Oil Spot CFD | 1 USD 3.3 1000 0.001 1 10
    #WTI WTI Crude Oil Spot CFD | 1 USD 3.3 1000 0.001 1 10
    #DOW30 US Dow30 Spot Index CFD | 1 USD 3.2 10 0.1 1 5
    #Euro50 Euro Stoxx 50 Spot Index CFD | 1 EUR 5 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 7 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 7.5 10 0.1 1 5
    #France40 France CAC40 Spot Index CFD | 1 EUR 9 10 0.1 1 5
    #Spain35 Spain IBEX35 Spot Index CFD | 1 EUR 5 10 0.1 1 5
    i. All above instruments are on market execution
    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.