IFC Markets Trading Guide - How to open Forex acount
Opening an account for the first time, trading in the foreign exchange market requires a lot of knowledge.
But as we all know, knowledge is useless without practice.
Now we show the step-by-step opening of a real account and a demo account on the NetTradeX trading platform.
How to open a demo account with IFC Markets?
IFC Markets offers its clients a unique trading platform – NetTradeX.
This platform has all the functions required for trading and analysis.
Download and follow the trading platform.
- Load NetTradeX, select «Open New Account» –> «Open Demo Account», then click «Next».
- In the pop-up window, you will see the required fields: first name, last name, country, phone number, address, deposit amount. Click «Next» after filling in.
- After filling the required fields, the customer needs to select «Workspace». Select the workspace template and click «Next».
- The account details are displayed in the opened window. Save this information in a safe place and click «Done».
After the demo account is opened, you can trade.
Go to IFC Markets Official Website
How to open a real account with IFC Markets?
Traders first need to register and open an account in the company’s personal center.
You can check the steps to open an account with the help of the personal center.
After opening an account, it is time to trade on the chart and analyze it.
For beginners, a real account can be opened after practice on a demo account.
IFC Markets is a leading innovative financial company that provides trading and analytical tools for individuals and businesses.
The company provides customers with foreign exchange and CFD trading through the independently developed trading platform NetTradeX, which includes a variety of terminals: Windows, IOS, Android and Windows Mobile.
The company also offers MT4 and MT5 for Windows, Mac OS, iOS and Android.
You can view the advantages and features of each platform.
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 |