IGTFX broker Accounts

igtfx Account Types & Opening Guide 2025: Complete Comparison and Registration Steps

Part 1: igtfx Account Types Overview

igtfx Account Types Explained

igtfx offers a variety of account types to cater to different trading needs. Below are the available account types along with their key features:

1. Standard Account

• Minimum Deposit Requirement: $10
• Spread/Commission Structure: Variable spreads starting from 1.0 pips; no commission.
• Leverage Options: Up to 1:500.
• Key Features: Full market access, trading bonuses available.
• Target User Profile: Beginners and casual traders.
• Trading Instruments Available: Forex, commodities, indices.

1. ECN Account

• Minimum Deposit Requirement: $250
• Spread/Commission Structure: Raw spreads starting from 0.0 pips; commission applies.
• Leverage Options: Up to 1:200.
• Key Features: Direct market access, lower spreads.
• Target User Profile: Experienced traders and scalpers.
• Trading Instruments Available: Forex, commodities, cryptocurrencies.

1. Pro Account

• Minimum Deposit Requirement: $1,000
• Spread/Commission Structure: Competitive spreads; commission applies.
• Leverage Options: Up to 1:100.
• Key Features: Advanced trading tools, priority customer support.
• Target User Profile: Professional traders and institutions.
• Trading Instruments Available: Forex, commodities, indices, cryptocurrencies.

1. Islamic Account

• Minimum Deposit Requirement: $100
• Spread/Commission Structure: Similar to Standard account; no swap fees.
• Leverage Options: Up to 1:500.
• Key Features: Swap-free trading in compliance with Islamic finance principles.
• Target User Profile: Muslim traders seeking compliant trading options.
• Trading Instruments Available: Forex, commodities, indices.

1. Demo Account

• Minimum Deposit Requirement: Virtual funds (typically $10,000).
• Spread/Commission Structure: Similar to live accounts.
• Leverage Options: Up to 1:500.
• Key Features: Risk-free environment to practice trading strategies.
• Target User Profile: Beginners and traders testing new strategies.
• Trading Instruments Available: Full range of instruments available in live accounts.

Account Type Comparison Table

Recommended Account Types by Trader Level

• Beginners: Standard Account, Demo Account
• Intermediate Traders: ECN Account
• Advanced Traders: Pro Account
• Muslim Traders: Islamic Account

Part 2: igtfx Account Features Comparison

Detailed igtfx Account Features

When comparing the features across different account types, consider the following aspects:

• Minimum Deposit:

• Standard: $10

• ECN: $250

• Pro: $1,000

• Islamic: $100

• Demo: Virtual funds

• Maximum Leverage:

• Standard: 1:500

• ECN: 1:200

• Pro: 1:100

• Islamic: 1:500

• Demo: 1:500

• Spreads (Typical/Minimum):

• Standard: From 1.0 pips

• ECN: From 0.0 pips

• Pro: Competitive spreads

• Islamic: Similar to Standard

• Demo: Similar to live accounts

• Commission Fees:

• Standard: None

• ECN: Yes

• Pro: Yes

• Islamic: None

• Demo: N/A

• Lot Size:

• Standard: Micro, Mini, Standard

• ECN: Micro, Mini, Standard

• Pro: Micro, Mini, Standard

• Islamic: Micro, Mini, Standard

• Demo: Micro, Mini, Standard

• Available Trading Platforms:

• All accounts: MT4, MT5

• Execution Type:

• Standard: Market

• ECN: ECN

• Pro: Market

• Islamic: Market

• Demo: Market

• Islamic Account Availability:

• Yes for Islamic Account

• Swap-Free Options:

• Available for Islamic Account

• Demo Account Features:

• Full access to trading instruments, risk-free environment.

Advantages of Each Account Type

• Standard Account:

• Low minimum deposit.

• Access to trading bonuses.

• Suitable for beginners.

• ECN Account:

• Tight spreads.

• Direct market access.

• Ideal for scalping.

• Pro Account:

• Advanced trading tools.

• Priority support.

• Suitable for professional trading.

• Islamic Account:

• Compliance with Islamic finance.

• No swap fees.

• Flexible trading options.

• Demo Account:

• Risk-free trading.

• Practice strategies.

• Familiarization with platforms.

Disadvantages of Each Account Type

• Standard Account:

• Higher spreads compared to ECN.

• Limited advanced features.

• ECN Account:

• Requires higher initial deposit.

• Commission fees can add up.

• Pro Account:

• High minimum deposit.

• Not suitable for casual traders.

• Islamic Account:

• Limited to Muslim traders.

• May have restrictions on certain trading strategies.

• Demo Account:

• No real profits.

• Limited duration for practice.

Part 3: igtfx Account Opening Requirements

igtfx Account Registration Requirements

To open an account with igtfx, the following eligibility criteria must be met:

• Age Requirements: Must be at least 18 years old.
• Geographic Restrictions: Available to most countries; specific restrictions may apply.
• Prohibited Countries: Residents of the USA, Canada, and certain jurisdictions may be restricted.
• Identity Verification Documents Needed:
• Government-issued ID (passport, drivers license).
• Proof of address (utility bill, bank statement).
• Proof of Residence Requirements: Recent documents showing your name and address.
• Additional Documentation for Professional Accounts: May require financial statements or proof of trading experience.

KYC/AML Compliance Procedures

• All clients must complete Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
• This includes submitting identification and proof of address documents.

Verification Time Frames

• Account verification typically takes 1-3 business days, depending on the completeness of the submitted documents.

Part 4: igtfx Account Opening Process

Step-by-Step igtfx Account Opening Guide

1. Visit Website and Click Registration: Go to the igtfx homepage and select the registration option.
2. Personal Information Entry: Fill in your personal details such as name, email, and phone number.
3. Choose Account Type: Select the desired account type based on your trading needs.
4. Set Trading Preferences: Indicate your trading preferences and leverage options.
5. Document Upload: Upload the required identity verification documents.
6. Account Verification: Wait for the verification process to complete.
7. Fund Your Account: Deposit funds into your trading account using the preferred payment method.
8. Start Trading: Once your account is funded, you can begin trading.

Desktop vs Mobile Registration Differences

• The registration process is similar on both desktop and mobile platforms, though mobile may have a simplified interface.

Common Registration Issues and Solutions

• Issue: Document rejection due to poor quality.
• Solution: Ensure that all documents are clear and legible.
• Issue: Verification delays.
• Solution: Contact customer support for assistance.

Average Account Approval Time

• Typically, account approval takes 1-3 business days, depending on the volume of applications.

How to Upgrade/Downgrade Account Types

• Contact customer support to request an upgrade or downgrade of your account type.

Part 5: igtfx Demo Account Information

igtfx Demo Account Guide

• Demo Account Features and Benefits:

• Access to all trading instruments.

• Risk-free environment to practice trading strategies.

• Ability to test the trading platform without financial risk.

• How to Open a Demo Account:

• Visit the igtfx website and select the demo account option.

• Fill in the required information and create your demo account.

• Demo Account Limitations:

• Virtual funds may be limited.

• The demo account may expire after a set period.

• Virtual Balance Amount:

• Typically set at $10,000 for practice.

• Demo vs Live Account Differences:

• Demo accounts use virtual funds; live accounts involve real money.

• Trading conditions may differ slightly.

• Duration/Expiry of Demo Accounts:

• Demo accounts usually last for 30 days but can be extended based on broker policies.

Part 6: igtfx Islamic Account Details

igtfx Islamic Account Details

• Swap-Free/Islamic Account Availability: Yes, available for Muslim traders.
• Eligibility Requirements: Must provide documentation proving Islamic compliance.
• Differences from Standard Accounts: No swap fees applied for overnight positions.
• How to Apply for Islamic Account: Select the Islamic account option during registration or contact support.
• Restrictions or Special Conditions: Must adhere to Islamic trading principles.

FAQs – igtfx Account Types & Opening

1. What account types does igtfx offer？

• igtfx offers Standard, ECN, Pro, Islamic, and Demo accounts.

1. What is the minimum deposit for each account type？

• Standard: $10, ECN: $250, Pro: $1,000, Islamic: $100, Demo: Virtual funds.

1. How long does igtfx account verification take？

• Verification typically takes 1-3 business days.

1. Does igtfx offer demo accounts？

• Yes, igtfx provides demo accounts for practice trading.

1. Can I have multiple account types with igtfx？

• Yes, clients can open multiple account types.

1. Does igtfx offer Islamic/swap-free accounts？

• Yes, an Islamic account is available for traders seeking swap-free options.

1. What documents do I need to open a igtfx account？

• A government-issued ID and proof of address are required.

1. Can I change my account type after registration？

• Yes, you can request to upgrade or downgrade your account type through customer support.