ICM.com Reduces Spreads by Up to 50%, Adds New Instruments

Tuesday, 08/03/2022 | 09:59 GMT by Finance Magnates Staff
  • ICM.com has added 4 new commodities, 9 FX pairs and US Treasury bonds.
ICM.com
ICM.com

ICM.com, a leading UK-based global multi-regulated financial service provider, has reduced spreads by up to 50% on gold, oil, Dow Jones, S&P, Nasdaq and natural gas. The company has also added 4 hot new commodities, 9 fresh FX pairs and a 10-year US treasury bond CFD to their online trading platforms this week.

With over 5,000 different financial instruments, ICM.com is one of the most compressive trading platforms available, ideal for those wanting to expand into new opportunities and for those seeking to build a diverse portfolio based on market conditions.

Using a platform with low spreads will allow investors to maximise trading profits. ICM.com has reduced its spreads to their lowest ever levels across its user-friendly online trading platforms. This week there has been up to a 50% reduction in spreads across 7 of its key products: @Goldm, @DJ, @NQ, @SP @CL @BR and @NG. ICM intends to maintain these low transaction fees and aims to further reduce them soon.

The list of added commodities includes platinum, a rare and precious metal that is highly sought-after in the ever-expanding automotive industry and industrial sector. As the value of platinum depends upon its supply and demand, it is seen as having an exciting future as a prosperous alternative to gold trading.

Besides platinum, investors can now trade cotton, sugar and cocoa. Traded together these are seen to offer protection during inflationary periods. Cotton prices often align with the expansion of the technology sector. Sugar prices correlate with the price of oil and cocoa futures often fluctuate independently of other financial assets.

ICM.com has also added an extra 9 FX pairs, including Euro vs South African Rand (EURZARm), Euro vs Mexican Peso (EURMXNm), and Euro vs Norwegian Krona (EURNOKm). These are all available for CFD trading across its MT4 and MT5 platforms.

Finally, ICM has added a Treasury Bond CFD. This is a contract for difference based on a US 10-Year Bond Yield, a debt obligation issued by the government of the United States. CFD bonds are deeply influenced by interest rates and provide an opportunity to speculate on the market.

Shoaib Abedi, the CEO and Founder of ICM.com, commented “After observing the evolution of finance sector, we decided that now is the right time to improve our current offering and add a new range of trading instruments. Our aim is to respond better to the interest of our existing clients and expand to new markets. It’s been a great start of the year for the company, and we are working towards bigger improvements to provide the best possible trading environment for investors around the globe.”

Throughout its history, ICM.com has been providing online financial services in more than a hundred countries. It currently holds more than 7 global industry regulations, including FCA, QABs and ARIF.

For further information please visit www.ICM.com

ICM.com is a UK-based global multi-regulated financial service provider, offering access to a diverse range of trading products, including currencies, stocks, commodities and cryptos for retail and institutional clients, asset managers, fund managers, hedge fund managers and introducing brokers.

The ICM.com brand was incorporated in 2009 in the United Kingdom and has expanded rapidly worldwide to cater to both professionaland institutional clients globally with local offices in the United Kingdom, Europe, Asia, Latin America, Middle East and other regions.

The ICM.com brand is authorised and regulated in various jurisdictions around the world: Financial Conduct Authority in the UK (FCA), Financial Services Commission in Mauritius (FSC Mauritius), Financial Services Authority of Saint Vincent and the Grenadines (FSA), Association Romande des Intermediaries Financiers (ARIF) in Switzerland, Labuan Financial Services Authority (Labuan FSA, Qatar Financial Centre Authority (QFC) and Stockholm County Administrative Board (CABS).

ICM.com, a leading UK-based global multi-regulated financial service provider, has reduced spreads by up to 50% on gold, oil, Dow Jones, S&P, Nasdaq and natural gas. The company has also added 4 hot new commodities, 9 fresh FX pairs and a 10-year US treasury bond CFD to their online trading platforms this week.

With over 5,000 different financial instruments, ICM.com is one of the most compressive trading platforms available, ideal for those wanting to expand into new opportunities and for those seeking to build a diverse portfolio based on market conditions.

Using a platform with low spreads will allow investors to maximise trading profits. ICM.com has reduced its spreads to their lowest ever levels across its user-friendly online trading platforms. This week there has been up to a 50% reduction in spreads across 7 of its key products: @Goldm, @DJ, @NQ, @SP @CL @BR and @NG. ICM intends to maintain these low transaction fees and aims to further reduce them soon.

The list of added commodities includes platinum, a rare and precious metal that is highly sought-after in the ever-expanding automotive industry and industrial sector. As the value of platinum depends upon its supply and demand, it is seen as having an exciting future as a prosperous alternative to gold trading.

Besides platinum, investors can now trade cotton, sugar and cocoa. Traded together these are seen to offer protection during inflationary periods. Cotton prices often align with the expansion of the technology sector. Sugar prices correlate with the price of oil and cocoa futures often fluctuate independently of other financial assets.

ICM.com has also added an extra 9 FX pairs, including Euro vs South African Rand (EURZARm), Euro vs Mexican Peso (EURMXNm), and Euro vs Norwegian Krona (EURNOKm). These are all available for CFD trading across its MT4 and MT5 platforms.

Finally, ICM has added a Treasury Bond CFD. This is a contract for difference based on a US 10-Year Bond Yield, a debt obligation issued by the government of the United States. CFD bonds are deeply influenced by interest rates and provide an opportunity to speculate on the market.

Shoaib Abedi, the CEO and Founder of ICM.com, commented “After observing the evolution of finance sector, we decided that now is the right time to improve our current offering and add a new range of trading instruments. Our aim is to respond better to the interest of our existing clients and expand to new markets. It’s been a great start of the year for the company, and we are working towards bigger improvements to provide the best possible trading environment for investors around the globe.”

Throughout its history, ICM.com has been providing online financial services in more than a hundred countries. It currently holds more than 7 global industry regulations, including FCA, QABs and ARIF.

For further information please visit www.ICM.com

ICM.com is a UK-based global multi-regulated financial service provider, offering access to a diverse range of trading products, including currencies, stocks, commodities and cryptos for retail and institutional clients, asset managers, fund managers, hedge fund managers and introducing brokers.

The ICM.com brand was incorporated in 2009 in the United Kingdom and has expanded rapidly worldwide to cater to both professionaland institutional clients globally with local offices in the United Kingdom, Europe, Asia, Latin America, Middle East and other regions.

The ICM.com brand is authorised and regulated in various jurisdictions around the world: Financial Conduct Authority in the UK (FCA), Financial Services Commission in Mauritius (FSC Mauritius), Financial Services Authority of Saint Vincent and the Grenadines (FSA), Association Romande des Intermediaries Financiers (ARIF) in Switzerland, Labuan Financial Services Authority (Labuan FSA, Qatar Financial Centre Authority (QFC) and Stockholm County Administrative Board (CABS).

About the Author: Finance Magnates Staff
Finance Magnates Staff
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About the Author: Finance Magnates Staff
  • 4268 Articles
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