IFS Markets Account Type

　　IFS Markets offers two main types of trading accounts designed to cater to different trading needs:

• Standard Account
• Minimum Deposit: $0 AUD
• Maximum Leverage: 400:1
• Minimum Position: 0.01 lots
• Commission: No commissions, only spreads (spreads start at 1.1 pips)
• Supported Products: Forex, indices, commodities
• Pro Account
• Minimum Deposit: $300 USD
• Maximum Leverage: 400:1
• Minimum Position: 0.01 lots
• Commission: $7 per 10,000 contracts (spreads start at 0 pips)
• Supported Products: Forex, indices, commodities

　　Both account types allow for trading various instruments, including over 45 currency pairs, indices, and commodities such as gold and oil. The Standard Account is more suited for beginners, while the Pro Account is tailored for experienced traders seeking tighter spreads and are willing to pay commissions.

　　

IFS Markets Broker Account Opening Process

　　To open an account with IFS Markets, follow these steps:

• 　　Visit the IFS Markets Website: Go to the official IFS Markets website to start the application process.

• 　　Choose Account Type: Select between the Standard Account or the Pro Account based on your trading needs.

• 　　Fill Out the Application Form: Provide the required personal information, including your name, email address, and phone number.

• 　　Submit Identification Documents: Upload necessary identification documents as per regulatory requirements.

• 　　Fund Your Account: Deposit the minimum required amount (either $0 for the Standard Account or $300 for the Pro Account) using one of the supported funding methods.

• 　　Account Verification: Wait for the account to be verified, which typically takes a few hours to a couple of days.

• 　　Start Trading: Once your account is approved and funded, you can begin trading on the IFS Markets platform, which includes options like MetaTrader 4.

　　For more detailed information about the account types and the opening process, you can refer to the sources provided in the original information.