Cash CFDs

Types of CFDs

Here at ICM Capital, we continuously strive to bring to our clients the widest variety of tradable CFDs and futures available on the market, and as part of this progress, we bring to you Cash CFDs. We are delighted to announce the availability of Cash CFDs for ICM Capital clients, allowing for more trade capabilities and diversity, while aiming to maintain optimal market execution.

Learn more about Cash CFDs

The advantage of trading cash CFDs is that Direct Market Access (DMA) mirrors the price of the underlying CFD price with only a very small variable spread added to each asset. The spread can vary depending on the instrument being traded as well as the volatility and liquidity of the financial market. ICM Capital has access to a range of major Tier1 banks meaning we can pass on very competitive bid and ask prices currently available on the market for a range of indices and commodities. Your choice of product and type of CFD all depends on your trading strategy. Future CFDs will have an end date linked to the contract which usually renews every 3 months, whereas Cash CFDs do not have a pre-defined expiry date.

Trading Example

The underlying instrument for one of Germany’s DAX CFDs is one share of the DAX40 Spot Index. If the DAX Index is traded at 11261.1 (sell price) / 11262.1 (buy price) for example, then the bid-ask quote would be linked to the underlying price and the spread would be $1. It is always the case that when you open a position that your trade will show a loss. This is because $1, in this example, is the amount the market has to move in your favour to make a profit and before you make back the charge from the spread in this example.

Symbol Description Contract Size Tick Size Tick Value Margin Percent ICM Typical Spread
*Admin Charge
Long Charge Short Charge
#BRENT UK Brent Oil Spot CFD | 1 USD 1000 0.001 1 2% 2.3 -2.01 -3.12
#WTI WTI Crude Oil Spot CFD | 1 USD 1000 0.001 1 2% 2.3 -2.12 -3.01
#DOW30 US Dow30 Spot Index CFD | 1 USD 10 0.1 1 5% 4.2 -3.12 -1.03
#Euro50 Euro Stoxx 50 Spot Index CFD | 1 EUR 10 0.01 0.1 5% 2.8 -1.32 -0.68
#Germany40 Germany DAX40 Spot Index CFD | 1 EUR 10 0.1 1 5% 4 -1.32 -1.12
#Japan225 Japan Nikkei225 Spot Index CFD | 1 USD 10 0.1 1 5% 20 -2.85 -2.41
#UK100 UK FTSE100 Spot Index CFD | 1 GBP 10 0.1 1 5% 4 -1.65 -1.64
#US500 US S&P500 Spot Index CFD | 1 USD 10 0.01 0.1 5% 2.5 -1.1 -0.95
#USTech100 US NASDAQ100 Spot Index CFD | 1 USD 10 0.1 1 5% 4 -2.75 -1.62
#France40 France CAC40 Spot Index CFD | 1 EUR 10 0.1 1 5% 4 -1.65 -1.03
#Spain35 Spain IBEX35 Spot Index CFD | 1 EUR 10 0.1 1 5% 12 -1.12 -1.32

i. Min and Max Lots per trade:  0.01 lot - 500 lots

*Admin Charge:
- Is the swap charge “rollover interest” which will appear under the name of Admin Charge in the account history tab.
- Subject to change anytime without prior notice.
- Applies on all accounts type, even SWAP-free accounts.

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.

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CFDs and Spot FX are complex instruments and come with a high risk of losing money rapidly due to leverage. 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. Read More
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