OTC US Stocks
OTC US Stocks
When talking about equities we’re specifically talking about the trading of stocks or shares of publicly-traded companies from around the world such as Microsoft, Boeing or Pfizer. When individuals buy stocks or shares in these companies it defines the amount of interest a person holds in ownership in a corporation. Equity can also be defined as the monetary value of a property or business beyond any amounts owed on it in mortgages, claims or liens. One will find that the terms stocks and shares are used interchangeably when talking about the topic and this is because they have very similar meanings – simply put a stock in a corporation is represented by shares. The way these terms are used comes down to syntax rather than a financial or legal definition.
Unlike traditional stock trading, at ICM we provide our clients with the opportunity to trade equities though the price movements of CFD trading (contract for difference). A CFD is merely a contract between two entities, such as a buyer and a seller. When applied to equities, such as the ones below this type of contract allows traders to speculate on the movement of a specific share price, without actually having ownership of the share in question.
ICM offers the following major US Stocks for trading:
- 3M Company
- American International Group
- Apple
- Caterpillar Inc.
- Citigroup Inc.
- General Electric Co
- International Business Machines
- Microsoft Corporation
- Pfizer Inc.
- Walt Disney Company
Learn more about OTC Spot Foreign Exchange
CFD trading with ICM is speedy and straightforward but most importantly it removes the need to trade through a stock broker. With a CFD contract unlike with Spot Forex, you are not trading per pip movement of the share price but you are buying or selling a fixed amount of CFDs which is comparable to a number of shares. It is important to remember no physical share transaction takes place during this process.
CFDs are available to trade in following countries: United Kingdom, Hong Kong, The Netherlands, Poland, Portugal, Germany, Switzerland, Italy, Singapore, South Africa, Australia, Canada, New Zealand, Sweden, Norway, France, Ireland, Japan and Spain. The U.S. Securities and Exchange Commission do not permit CFD trading in the United States.
Contract Specifications
Symbol | Description | Contract size | Pip Value | Limits/Stops Pending Orders Can Be Placed From Market Price | Margin Req. | *Admin Charge | |
Long Charge | Short Charge | ||||||
AAL | American Airlines | 100 Shares | $1 | 15 Cents | 20% | -0.3047 | -0.0554 |
AIG | American International Group | 100 Shares | $1 | 15 Cents | 20% | -0.56991 | -0.10362 |
AMZN | Amazon | 100 Shares | $1 | 15 Cents | 20% | -0.9633 | -0.1751 |
APPL | Apple Inc | 100 Shares | $1 | 15 Cents | 20% | -0.74401 | -0.13528 |
AXP | American Express | 100 Shares | $1 | 15 Cents | 20% | -1.3266 | -0.2412 |
BABA | Alibaba | 100 Shares | $1 | 15 Cents | 20% | -2.22024 | -0.40368 |
BAC | Bank of America | 100 Shares | $1 | 15 Cents | 20% | -0.37004 | -0.06728 |
BLK | Blackrock | 100 Shares | $1 | 15 Cents | 20% | -5.45336 | -0.99152 |
BRKB | Berkshire Hathaway Class B | 100 Shares | $1 | 15 Cents | 20% | -2.44871 | -0.44522 |
C | Citigroup Inc | 100 Shares | $1 | 15 Cents | 20% | -0.83336 | -0.15152 |
CAT | Caterpillar Inc | 100 Shares | $1 | 15 Cents | 20% | -1.56926 | -0.28532 |
CI | Cigna Corp | 100 Shares | $1 | 15 Cents | 20% | -2.1879 | -0.3978 |
COF | Capital One | 100 Shares | $1 | 15 Cents | 20% | -1.11507 | -0.20274 |
CRM | Salesforce | 100 Shares | $1 | 15 Cents | 20% | -1.738 | -0.316 |
CSCO | Cisco Systems | 100 Shares | $1 | 15 Cents | 20% | -0.4818 | -0.0876 |
CVX | Chevron | 100 Shares | $1 | 15 Cents | 20% | -1.29767 | -0.23594 |
DIS | Walt Disney Company | 100 Shares | $1 | 15 Cents | 20% | -1.62338 | -0.29516 |
EBAY | Ebay | 100 Shares | $1 | 15 Cents | 20% | -0.38335 | -0.0697 |
EL | Estee Lauder | 100 Shares | $1 | 15 Cents | 20% | -2.17613 | -0.39566 |
EXPE | Expedia | 100 Shares | $1 | 15 Cents | 20% | -1.18459 | -0.21538 |
F | Ford Motors | 100 Shares | $1 | 15 Cents | 20% | -0.09889 | -0.01798 |
FB | Facebook | 100 Shares | $1 | 15 Cents | 20% | -2.21056 | -0.40192 |
FDX | Fedex | 100 Shares | $1 | 15 Cents | 20% | -1.72249 | -0.31318 |
GE | General Electric Co | 100 Shares | $1 | 15 Cents | 20% | -0.12188 | -0.02216 |
GM | General Motors | 100 Shares | $1 | 15 Cents | 20% | -0.39083 | -0.07106 |
GOOGL | Google Inc | 100 Shares | $1 | 15 Cents | 20% | -14.73175 | -2.6785 |
GPS | Gap | 100 Shares | $1 | 15 Cents | 20% | -0.17864 | -0.03248 |
GRMN | Garmin | 100 Shares | $1 | 15 Cents | 20% | -1.0615 | -0.193 |
GS | Goldman Sachs Group | 100 Shares | $1 | 15 Cents | 20% | -2.47115 | -0.4493 |
GT | Goodyear | 100 Shares | $1 | 15 Cents | 20% | -0.17699 | -0.03218 |
HAL | Halliburton | 100 Shares | $1 | 15 Cents | 20% | -0.24541 | -0.04462 |
HAS | Hasbro | 100 Shares | $1 | 15 Cents | 20% | -1.11045 | -0.2019 |
HD | Home Depot | 100 Shares | $1 | 15 Cents | 20% | -2.35796 | -0.42872 |
HLF | Herballife | 100 Shares | $1 | 15 Cents | 20% | -0.49951 | -0.09082 |
HOG | Harley-Davidson | 100 Shares | $1 | 15 Cents | 20% | -0.4059 | -0.0738 |
HON | Honeywell International | 100 Shares | $1 | 15 Cents | 20% | -1.92929 | -0.35078 |
IBM | International Business Machines | 100 Shares | $1 | 15 Cents | 20% | -1.46509 | -0.26638 |
INTC | Intel | 100 Shares | $1 | 15 Cents | 20% | -0.62436 | -0.11352 |
JD | JD.com | 100 Shares | $1 | 15 Cents | 20% | -0.36212 | -0.06584 |
JPM | Jp Morgan Chase | 100 Shares | $1 | 15 Cents | 20% | -1.48511 | -0.27002 |
JNJ | Johnson&Johnson | 100 Shares | $1 | 15 Cents | 20% | -1.54407 | -0.28074 |
K | Kellogg | 100 Shares | $1 | 15 Cents | 20% | -0.7282 | -0.1324 |
KMB | Kimberly Clark | 100 Shares | $1 | 15 Cents | 20% | -1.507 | -0.274 |
KO | Coca Cola | 100 Shares | $1 | 15 Cents | 20% | -0.59829 | -0.10878 |
LMT | Lockheed Martin | 100 Shares | $1 | 15 Cents | 20% | -4.25755 | -0.7741 |
MA | Mastercard | 100 Shares | $1 | 15 Cents | 20% | -3.19407 | -0.58074 |
MAR | Marriott International | 100 Shares | $1 | 15 Cents | 20% | -1.56453 | -0.28446 |
MASI | Masimo Corp | 100 Shares | $1 | 15 Cents | 20% | -1.71017 | -0.31094 |
MCO | Moody | 100 Shares | $1 | 15 Cents | 20% | -2.54848 | -0.46336 |
MET | Metlife Inc | 100 Shares | $1 | 15 Cents | 20% | -0.54439 | -0.09898 |
MHK | Mohawk Industries Inc | 100 Shares | $1 | 15 Cents | 20% | -1.5257 | -0.2774 |
MMM | 3M Company | 100 Shares | $1 | 15 Cents | 20% | -1.88595 | -0.3429 |
MRVL | Marvell | 100 Shares | $1 | 15 Cents | 20% | -0.26543 | -0.04826 |
MS | Morgan Stanley | 100 Shares | $1 | 15 Cents | 20% | -0.54758 | -0.09956 |
MSCI | MSCI Inc | 100 Shares | $1 | 15 Cents | 20% | -2.9326 | -0.5332 |
MSFT | Microsoft Corporation | 100 Shares | $1 | 15 Cents | 20% | -1.66969 | -0.30358 |
MSI | Motorola Solutions | 100 Shares | $1 | 15 Cents | 20% | -1.76781 | -0.32142 |
MU | Micron Technology, Inc. | 100 Shares | $1 | 15 Cents | 20% | -0.52723 | -0.09586 |
NFLX | Netflix, Inc. | 100 Shares | $1 | 15 Cents | 20% | -3.3825 | -0.615 |
NKE | NIKE Inc. | 100 Shares | $1 | 15 Cents | 20% | -1.06678 | -0.19396 |
NTRS | Northern Trust | 100 Shares | $1 | 15 Cents | 20% | -1.19801 | -0.21782 |
NVDA | NVIDIA Corporation | 100 Shares | $1 | 15 Cents | 20% | -2.33288 | -0.42416 |
ORCL | Oracle | 100 Shares | $1 | 15 Cents | 20% | -0.42416 | -0.10962 |
PEP | Pepsi Co | 100 Shares | $1 | 15 Cents | 20% | -1.51162 | -0.27484 |
PFE | Pfizer Inc | 100 Shares | $1 | 15 Cents | 20% | -0.42097 | -0.07654 |
PG | Procter & Gamb | 100 Shares | $1 | 15 Cents | 20% | -1.36576 | -0.24832 |
PRU | Prudential Financial | 100 Shares | $1 | 15 Cents | 20% | -1.01475 | -0.1845 |
QCOM | Qualcomm | 100 Shares | $1 | 15 Cents | 20% | -0.9218 | -0.1676 |
RACE | Ferrari | 100 Shares | $1 | 15 Cents | 20% | -1.82699 | -0.33218 |
RL | Ralph Lauren | 100 Shares | $1 | 15 Cents | 20% | -1.22804 | -0.22328 |
SBUX | Starbucks | 100 Shares | $1 | 15 Cents | 20% | -0.94985 | -0.1727 |
SLB | Schlumberger Limited | 100 Shares | $1 | 15 Cents | 20% | -0.40557 | -0.07374 |
SNAP | Snap Inc | 100 Shares | $1 | 15 Cents | 20% | -0.16214 | -0.02948 |
SNE | Sony Corp | 100 Shares | $1 | 15 Cents | 20% | -0.71797 | -0.13054 |
STX | Seagate Technology | 100 Shares | $1 | 15 Cents | 20% | -0.64856 | -0.11792 |
T | At&T | 100 Shares | $1 | 15 Cents | 20% | -0.4202 | -0.0764 |
TGI | Triumph Group Inc | 100 Shares | $1 | 15 Cents | 20% | -0.319 | -0.058 |
TRIP | Tripadvisor | 100 Shares | $1 | 15 Cents | 20% | -1.49303 | -0.27146 |
TRV | Travelers | 100 Shares | $1 | 15 Cents | 20% | -0.33176 | -0.06032 |
UA | Under Armour | 100 Shares | $1 | 15 Cents | 20% | -0.19162 | -0.03484 |
V | Visa | 100 Shares | $1 | 15 Cents | 20% | -2.00409 | -0.36438 |
VZ | Verizon Communications | 100 Shares | $1 | 15 Cents | 20% | -0.67298 | -0.67298 |
WFC | Wells Fargo | 100 Shares | $1 | 15 Cents | 20% | -0.59785 | -0.1087 |
WMT | Walmart Stores | 100 Shares | $1 | 15 Cents | 20% | -1.31725 | -0.2395 |
WU | Western Union | 100 Shares | $1 | 15 Cents | 20% | -0.29513 | -0.05366 |
WYNN | Wynn Resorts | 100 Shares | $1 | 15 Cents | 20% | -1.33892 | -0.24344 |
XRX | Xerox | 100 Shares | $1 | 15 Cents | 20% | -0.41492 | -0.07544 |
MCD | McDonald's| Equity CFD's | 100 Shares | $1 | 15 Cents | 20% | -2.14885 | -0.3907 |
TSLA | Tesla Motors | Equity CFD' | 100 Shares | $1 | 15 Cents | 20% | -0.73863 | -0.13423 |
DAY | Open | Close |
Monday | 14:35 | 21:00 |
Tuesday | 14:35 | 21:00 |
Wednesday | 14:35 | 21:00 |
Thursday | 14:35 | 21:00 |
Friday | 14:35 | 21:00 |
i. All above instruments are on market execution
ii. Fully Automated
iii. All times are based on ICM Server time
iv. Subject to change without prior notice
v. No commission charged for all above products
*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 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 reserves the right to discontinue an Islamic/SWAP-free account without warning. ICM will invoke this right in case of suspicion of abuse, in which case ICM 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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