English
Rating Index
Pros
Regulated by reputable authorities (ASIC and FCA)
Wide range of trading products and instruments
User-friendly trading platforms with advanced features
Cons
Limited educational resources and market analysis
High minimum deposit requirement for certain account types
Customer support may have longer response times and lacks live chat options
IFX Markets broker Accounts
IFX Markets Account Types
IFX Markets offers a variety of account types tailored to meet the diverse needs of traders. The available account types include:
- Standard Account
- Minimum Deposit: $10 USD / R160 ZAR
- Leverage: Up to 1:500
- Spreads: From 1.3 pips
- Commission: None
- Platforms: MT4 & MT5
- Bonus: Yes, sign-up bonus available
- Premium Account
- Minimum Deposit: $250 USD / R3800 ZAR
- Leverage: Up to 1:500
- Spreads: From 1 pip
- Commission: None
- Platforms: MT4 & MT5
- Bonus: No
- VIP Account
- Minimum Deposit: $1000 USD / R15,050 ZAR
- Leverage: Up to 1:500
- Spreads: From 0.5 pips
- Commission: $6 per trade
- Platforms: MT4 & MT5
- Bonus: No
- Islamic Account
- Minimum Deposit: $10 USD / R160 ZAR
- Leverage: Up to 1:500
- Spreads: From 1.3 pips
- Commission: None
- Platforms: MT4 & MT5
- Bonus: Yes, sign-up bonus available
- Cent Account
- Minimum Deposit: $10 USD / R160 ZAR
- Leverage: Up to 1:1000
- Spreads: From 1.6 pips
- Commission: None
- Platform: MT5 only
- Bonus: Yes, sign-up bonus available
- Demo Account
- Minimum Deposit: Free
- Platforms: MT4 & MT5
- Validity: 30 days (can be extended upon request)
- Visit the IFX Markets Website
- Navigate to the official IFX Markets website.
- Start Trading
- Click on the "Start Trading" button located on the top right side of the homepage.
- Register
- Fill out a simple registration form with your personal information and create a unique password.
- Email Verification
- Check your email for a verification link. Click the link to confirm your email address.
- Complete Additional Information
- After verification, you will be redirected to your newly created trading account. Complete any remaining questionnaires and provide financial information.
- Document Submission
- Upload necessary documents for identity verification, such as a passport or utility bill for proof of residence.
- Account Approval
- Once all documents are submitted, the account verification process will typically take 8 business hours.
- Fund Your Account
- Deposit the minimum required amount to start trading. The minimum deposit varies by account type.
IFX Markets Broker Account Opening Process
Opening an account with IFX Markets is a straightforward process. Here are the steps involved:
By following these steps, you can successfully open an account with IFX Markets and begin your trading journey.
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