Differences between NetTradeX, MT4 and MT5 platforms of IFC Markets
IFC Markets’ 3 trading platforms
Trading platform is a combination of technical resources and software resources, which can provide users with financial market information, conduct transactions in the foreign exchange market, and display capital statistics between customers and companies.
- NetTradeX
- The trading analysis software NetTradeX was developed by NetTrdeX Corp2006 (a part of IFCM Group). NetTradeX PC is a member of the trading platform NetTradeX, which is a trading and analysis software running on a computer.
- MetaTrader4
- The MetaTrader 4 (MT4) platform is a popular trading platform that allows trading and technical analysis in the foreign exchange market and other financial markets. The trading platform MetaTrader 4 offers different currency pairs and CFDs. It is an advanced trading software that allows Trade all major, minor and exotic currency pairs, metals and indices. CFDs (Contracts for Difference) on stocks and commodities.
- MetaTrder5
- Metatrader 5 is used to trade currencies, CFD contracts and other tools, providing a variety of trading tools. This is a modern trading platform that allows to trade major and minor currency pairs, precious metals and indicators, CFDs on stocks and commodities. In addition, all the tools provided by the exchange can be traded through the MT5 platform.
Find out more about IFC Markets’ trading platforms
The trading platform works through the network and consists of 2 parts:
- Client – software installed on a computer or mobile phone;
- The company’s server provides the client with quoted prices (information about financial instruments), completes the trader’s order and manages the trader’s account.
The trading platform provides a series of functions, interfaces and technical indicators, the main ones are:
- Installation of the client: a) into a personal computer; b) using the WEB-interface (via a browser); c) into a mobile device;
- Graphical display of quoted prices;
- A large number of indicators for technical analysis;
- Convenient and fast interface;
- Can be traded on an exchange, or several price providers simultaneously (e.g. ECN);
- Intelligent trading – can realize automatic trading according to your own trading strategy;
- Additional Features – Account Management, News, Alerts.
Go to IFC Markets Official Website
Fixed and Variable Spreads – Trading Account Types
IFC Markets offers more than 10 trading accounts with 3 different trading platforms.
See the tables below to know the difference of trading conditions and choose the right account type and platform for your strategy.
NetTradeX | Standard-Fixed & Floating | Beginner-Fixed & Floating | Demo-Fixed & Floating |
---|---|---|---|
Balance currency | USD EUR JPY uBTC | USD EUR JPY uBTC | USD EUR JPY uBTC |
Initial deposit | 1000 USD, 1000 EUR, 100000 JPY | 1 USD, 1 EUR, 100 JPY | – |
Maximum equity | – | 5000 USD | – |
Leverage | 1:1 – 1:200 | 1:1 – 1:400 | 1:1 – 1:400 |
Min. fixed spread | From 1.8 pips | From 1.8 pips | From 1.8 pips |
Min. floating spread | From 0.4 pips | From 0.4 pips | From 0.4 pips |
Short margin level (Stop out) | 10% | 10% | 10% |
Minimum volume of the deal (forex) | 10000 units | 100 units | 100 units |
Market newsline | Available | Available | – |
Accounting system of positions | Hedged/Netting | Hedged/Netting | Hedged/Netting |
Registration Page | Open Standard-Fixed & Floating Account | Open Beginner-Fixed & Floating Account | Open Demo-Fixed & Floating Account |
Open IFC Markets NetTradeX Account
MT4 | Standard-Fixed | Micro-Fixed | Demo-Fixed |
---|---|---|---|
Balance currency | USD EUR JPY | USD EUR JPY | USD EUR JPY |
Initial deposit | 1000 USD | 1000 EUR | 100000 JPY | 1 USD | 1 EUR | 100 JPY | – |
Maximum equity | – | 5000 USD | 5000 EUR | 500 000 JPY | – |
Leverage | 1:1 – 1:200 | 1:1 – 1:400 | 1:1 – 1:400 |
Min. fixed spread | From 1.8 pips | From 1.8 pips | From 1.8 pips |
Short margin level (Stop out) | 10% | 10% | 10% |
Minimum volume of the deal (forex) | 0.1 lot | 0.01 lot | 0.01 lot |
Market newsline | Available | Available | Unavailable |
Accounting system of positions | Hedged | Hedged | Hedged |
Registration Page | Open Standard-Fixed Account | Open Micro-Fixed Account | Open Demo-Fixed Account |
MT5 | Standard-Floating | Micro-Floating | Demo-Floating |
---|---|---|---|
Balance currency | USD EUR JPY | USD EUR JPY | USD EUR JPY |
Initial deposit | 1000 USD | 1000 EUR | 100000 JPY | 1 USD | 1 EUR | 100 JPY | – |
Maximum equity | – | 5000 USD | 5000 EUR | 500 000 JPY | – |
Leverage | 1:1 – 1:200 | 1:1 – 1:400 | 1:1 – 1:400 |
Min. floating spread | From 0.4 pips | From 0.4 pips | From 0.4 pips |
Short margin level (Stop out) | 10% | 10% | 10% |
Minimum volume of the deal (forex) | 0.1 lot | 0.01 lot | 0.01 lot |
Market newsline | Available | Available | Unavailable |
Accounting system of positions | Hedged and Netting | Hedged and Netting | Hedged and Netting |
Registration Page | Open Standard-Floating Account | Open Micro-Floating Account | Open Demo-Floating Account |