CFDs and Futures

ICM offers online trading in the most popular CFD products. All of ICM's index and commodity products are traded as CFDs, or "Contracts for Difference". This means that trades are conducted without an exchange, and therefore without commissions or fees.

ICM's CFD margin requirements are the lowest available at approximately 1%. Trading with another broker or on the futures exchange will require posting 5 to 10 times more margin for the same transaction. Additional benefits include:

	Low fixed spreads in all products
	Industry's leading trading software
	100:1 leverage, 1% margin requirements
	Mobile phone / WAP trading capability
	Advanced charts and indicators

	Hedging capability
	API/Expert Advisor automated trading
	Guaranteed fills
	No Commissions
	Fast and easy account opening

CFD Product Specifications

WinTrader
Stock Market Indices, Gold, Silver, and Crude Oil are equal to about 1/5th the size of e-mini contracts on the futures exchanges.


Instrument	Margin Req. Per Lot	Lot Size	Approximate Tick Value	Spread	Trading Hours (GMT)

Stock Market Indices
S&P 500	$50	$10 x price	1.00 = $10	0.50	Sunday 11:00PM - Friday 9:00PM (Closed 10:30PM - 11:00PM daily)
NASDAQ 100	$50	$10 x price	1.00 = $10	1.00	Sunday 11:00PM - Friday 9:00PM (Closed 10:30PM - 11:00PM daily)
Dow Jones Ind.	$50	$1 x price	1 = $1	5	Sunday 11:00PM - Friday 9:00PM (Closed 10:30PM - 11:00PM daily)
Nikkei 225	$50	$1 x price	1 = $1	5	12:45AM - 3:15AM & 4:15AM - 7:25AM
DAX30	$50	$1 x price	1 = $1	4	7:00AM - 9:00PM
CAC40	$50	$1 x price	1 = $1	4	7:00AM - 9:00PM
FTSE100	$50	$1 x price	1 = $1	4	8:00AM - 9:00PM
Commodities
Gold	$50	$10 x price	0.10 = $1	75	24 hours
Silver	$50	$1,000 x price	0.001 = $1	3	24 hours
Crude Oil	$50	$100 x price	0.01 = $1	5	Sunday 11:00PM - Friday 9:00PM (Closed 10:15PM - 11:00PM daily)

MetaTrader 4
MetaTrader offers a 100,000 currency unit lot size. Smaller lot sizes can be traded by using fractional lots (e.g., trading 0.1 lots). Stock Market Indices, Gold, Silver, and Crude Oil are of equal contract size to e-mini contracts on the futures exchanges.

Instrument Margin Req. Per Lot Lot Size    Approximate
   Tick Value Spread    Trading Hours (GMT)

Stock Market Indices

S&P 500 $250 $50 x price    1.00 = $50 0.50 Sunday 11:00PM - Friday 9:00PM (Closed 10:30PM - 11:00PM daily)

NASDAQ 100 $250
$20 x price    1.00 = $20 1.00 Sunday 11:00PM - Friday 9:00PM (Closed 10:30PM - 11:00PM daily)

Dow Jones Ind. $250 $5 x price    1 = $5 5 Sunday 11:00PM - Friday 9:00PM (Closed 10:30PM - 11:00PM daily)

Nikkei 225 $250 $5 x price    1 = $5 5    12:45AM - 3:15AM &
   4:15AM - 7:25AM

DAX30 $250 $5 x price    0.1 = $0.50 4    7:00AM - 9:00PM

CAC40 $250 $5 x price    0.1 = $0.50 4    7:00AM - 9:00PM

FTSE100 $250 $5 x price    0.1 = $0.50 4    8:00AM - 9:00PM

Commodities

Gold $250 $50 x price    0.1 = $5 75    24 hours

Silver $250 $5,000 x price    0.001 = $5 3    24 hours

Crude Oil $250 $500 x price    0.01 = $5 5 Sunday 11:00PM - Friday 9:00PM (Closed 10:15PM - 11:00PM daily)

Notice the ICM Difference

Our Platforms

WinTrader

MetaTrader 4

MetaTrader 4 MetaTrader offers a 100,000 currency unit lot size. Smaller lot sizes can be traded by using fractional lots (e.g., trading 0.1 lots). Stock Market Indices, Gold, Silver, and Crude Oil are of equal contract size to e-mini contracts on the futures exchanges.
Instrument	Margin Req. Per Lot	Lot Size	Approximate Tick Value	Spread	Trading Hours (GMT)

Stock Market Indices
S&P 500	$250	$50 x price	1.00 = $50	0.50	Sunday 11:00PM - Friday 9:00PM (Closed 10:30PM - 11:00PM daily)
NASDAQ 100	$250	$20 x price	1.00 = $20	1.00	Sunday 11:00PM - Friday 9:00PM (Closed 10:30PM - 11:00PM daily)
Dow Jones Ind.	$250	$5 x price	1 = $5	5	Sunday 11:00PM - Friday 9:00PM (Closed 10:30PM - 11:00PM daily)
Nikkei 225	$250	$5 x price	1 = $5	5	12:45AM - 3:15AM & 4:15AM - 7:25AM
DAX30	$250	$5 x price	0.1 = $0.50	4	7:00AM - 9:00PM
CAC40	$250	$5 x price	0.1 = $0.50	4	7:00AM - 9:00PM
FTSE100	$250	$5 x price	0.1 = $0.50	4	8:00AM - 9:00PM
Commodities
Gold	$250	$50 x price	0.1 = $5	75	24 hours
Silver	$250	$5,000 x price	0.001 = $5	3	24 hours
Crude Oil	$250	$500 x price	0.01 = $5	5	Sunday 11:00PM - Friday 9:00PM (Closed 10:15PM - 11:00PM daily)

CFDs and Futures

Notice the ICM Difference

Our Platforms

ICM Clients Advantage