Comparison of IFCMarkets’ trading account types and platforms

A wide range of accounts to meet the needs of both experienced and beginner traders on cutting-edge platforms: MT4 – MT5 – NetTradeX.

IFC Markets

IFC Markets is a popular broker among traders for its high-quality service. Strictly regulated, the broker offers a transparent and secure service, rich in carefully selected tools and features to enable traders to invest to the best of their abilities. The environment offered is suitable for any type of trader and offers very favorable trading conditions that can be adapted to any trading need.

Innovation.

The broker dedicates numerous resources to researching cutting-edge tools and services to further enhance the service offered.

Transparency.

Traders can easily access all information regarding expenses, spreads, additional commissions, etc.

Accessibility.

The environment offered is structured to provide traders with all the necessary information to make the most of trading in global markets.

Available Accounts.

To allow any type of trader to invest at the highest levels, the broker has an impressive list of accounts. Eight different types of accounts are available on three different platforms.

Trading Platforms.

To trade in the markets, the broker offers cutting-edge software to clients. Three of the most popular and powerful platforms on the market: MT4, MT5, and NetTradeX.

Visit the Official IFC Markets Website

NetTradeX Account

NetTradeX accounts have been created to enable “classic” interaction in the markets. In fact, the characteristics of the offered accounts are compatible with both experienced traders looking to trade with precise strategies and beginners eager to test their strategies without taking excessive risks. In case a trader wants to test the environment without committing funds, they can choose to open a demo account where virtual funds will be provided for investment.

The available NetTradeX accounts are:

• Standard Fixed and Mobile.
• Beginner Fixed and Mobile.

Standard Fixed and Mobile

An account designed to meet the trading needs of any trader. Novices and professionals can invest to the fullest by creating effective strategies and using state-of-the-art tools and functions. The account offers commission-free trading, a maximum leverage of 1:200, and both fixed and variable spreads.

Beginner Fixed and Mobile

An account with low cost and minimal risk, allowing novice traders to interact in the markets, testing their skills without worrying about significant losses. The account offers reduced spreads, zero commissions, and a minimum deposit starting at just 1 USD.

In the next table, you’ll find the main features of NetTradeX accounts:

The complete list of available tools and features can be consulted on the official IFC Markets website.

MT4 Account List

The MT4 platform is highly appreciated for its versatility. By creating a dedicated account, the trader can take advantage of a series of features designed to offer the utmost satisfaction in trading.

The available MT4 accounts are:

• Micro Account.
• Standard Account.
• ECN Account.

Micro Account

Designed to meet the needs of novice traders who want to invest small amounts of money. The account offers a minimum deposit of 1 USD, maximum leverage of 1:200, and fixed spreads starting from 0.4 pips.

Standard Account

Designed to offer a wide range of tools and features, allowing traders to create effective strategies. The account offers a minimum deposit of 1,000 USD, maximum leverage of 1:200, and variable spreads starting from 0.4 pips.

ECN Account

Designed to offer traders direct access to interbank liquidity. The account offers a minimum deposit of 1,000 USD, maximum leverage of 1:100, and variable spreads starting from 0.4 pips. It should be noted that the commission applied to this account is $15 per lot.

In the next table, you will find the main features of MT4 accounts:

The complete list of available tools and features can be consulted on the official IFC Markets website.

MT5 Account

The MT5 platform is a more advanced version of MT4. The main differences between the two platforms lie in the available timeframes and the tools offered. MT5 allows access to more timeframes, which can be exploited to create strategies based on multiple timeframes. In addition, MT5 has more technical indicators available, and it also allows you to test expert advisors directly on the platform. The available MT5 account is:

• MT5 Account.

MT5 Account

Designed to offer traders access to all the advantages of the MT5 platform. The account offers a minimum deposit of 1,000 USD, maximum leverage of 1:200, variable spreads starting from 0.4 pips, and no commission.

In the next table, you’ll find the main features of the MT5 account:

The complete list of available tools and features can be consulted on the official IFC Markets website.

Important Information about IFC Markets Accounts

Before opening a trading account with IFC Markets, it’s important to consider some key information:

1. IFC Markets offers a variety of trading accounts to suit different trading styles and preferences.
2. Traders can choose from different account types, including NetTradeX, MT4, and MT5 accounts, each with its own set of features and trading conditions.
3. Account currencies available include USD, EUR, JPY, and uBTC, depending on the account type.
4. Minimum initial deposits vary by account type, ranging from as low as 1 USD to 1,000 USD.
5. Maximum leverage also varies by account type, with options like 1:200, 1:400, and 1:100.
6. Spreads can be fixed, variable, or nonexistent, depending on the chosen account type.
7. Some accounts may have commission fees, while others are commission-free.
8. Traders have access to a wide range of trading tools and features to enhance their trading experience.

• Standard Fixed Account.
• Micro-Fixed Account.
• PAMM Account.

Standard Fixed Account.

The account offers features compatible with any trader and trading style. Both professionals and beginners can utilize the wide range of tools and functions available to invest to the best of their abilities. With a fixed spread of 1.8 pips, no commission, and leverage of 1:200, investors can make the most of any trading operation.

Micro-Fixed Account.

This account is designed for traders with a low risk tolerance who want to trade without committing too much capital and without excessive expenses. But not only cautious traders, even industry experts can open this type of account to test the environment without taking excessive risks before opening a more demanding account and investing larger amounts of capital.

PAMM Account

This account is created exclusively to allow traders to invest through the PAMM trading service offered by the broker. The account allows traders of any level to choose the professional to entrust their capital to. The Manager will take care of the investments. Despite the trader entrusting their trading to third parties, they will always have full control over their funds and will only pay commissions to the Master (professional) if the operations result in profits.

Open an MT4 account with IFC Markets

MT5 Account

Account types designed for demanding traders who need technologically advanced features and services for high-performance trading. Traders looking to elevate their trading to a higher level can opt to open an MT5 account and invest on one of the world’s most popular and powerful multi-asset platforms. Unlike the previously described MT4 accounts, MT4 accounts offer a variable spread and a position accounting system for both hedging and compensation. Additionally, by using a wide range of advanced tools and services, traders can create accurate and effective strategies.

• Standard Floating.
• Micro Floating.
• Floating PAMM Account.

Standard Floating Account.

Suitable for any trading style and category of trader. The Standard Floating Account (similar in many respects to the Standard MT4 account) offers floating spreads starting from 0.4 pips and no trading commission.

Micro Floating Account.

The Micro MT5 allows trading in the markets with a minimum deposit of just 1 dollar and no commissions to bear. An excellent option for both novice and professional traders looking to invest without incurring excessive expenses and risks.

Floating PAMM Account

By opening a PAMM type account, funds will be entrusted to a Manager (professional trader, manager) who will invest on behalf of the client.

Open an MT5 account with IFC Markets

Important Information about IFC Markets Accounts

The accounts offered by the broker have differences and similarities, and each of them has been carefully designed to meet the needs of traders. Regardless of the structure and characteristics, the accounts have parameters to comply with and limits to be aware of:

• For some account types (Micro and Beginner), the maximum amount to deposit to start investing should not exceed 3,000 USD / 3,000 EUR / 300,000 JPY. If this happens, the opening of new positions will be automatically suspended. To continue investing, the trader must change the account type or withdraw the excess funds.
• If the capital of a Beginner or Micro account reaches or exceeds the maximum allowed amount of 5,000 USD – 5,000 EUR – 500,000 JPY, the opening of new positions will be automatically stopped.
• The maximum default leverage is 1:100. Professional traders with extensive trading experience may use higher leverage.
• One lot equals 100,000 units of the first currency in the pair.

Visit the official IFC Markets website

How to Open an IFC Markets Account

Opening a new account with IFC Markets to start investing will only take a few minutes. The trader can sign up, choose the type of account that suits their needs, verify it, and deposit the necessary funds for trading quickly and easily. As a strictly regulated broker, the registration process is the same for any customer, regardless of their country of residence and level of experience.

To register and start trading, simply follow these easy steps:

First step: Registration.

To begin, the new customer should visit the official website and click on the “Open an Account” icon located in the upper right corner of the screen. On the new page, the trader should fill out the form with their first name, last name, valid email, new password (secure), country of residence, and mobile phone number. Click “Register” and confirm your email by clicking on the verification link sent by the broker.

Second step: Open a real – demo account.

Now, the client must select the desired account type, choosing between a demo or real account. Select a real account and decide on the type of account, the platform to use, the maximum leverage, and the account currency. Read the terms and conditions carefully, accept them, and click “Open Account.”

Third step: Account verification.

In order to start investing, the trader will need to undergo a verification process to confirm their real identity and country of origin. To do this, they will need to submit clear and front-back photos of a valid identification document (ID card, passport, driver’s license) and a recent utility bill (not older than six months) as proof of address. Once the trader’s verification is approved, they can make an initial deposit and start investing.

Final Phase: Fund Deposit and Platform Download.

Having successfully passed the verification, the customer can make an initial deposit using the payment method that best suits their needs and download the platform to start investing.

Regarding the opening of a PAMM account to take advantage of the IFCM Invest service, the trader must have a verified account and open an additional account dedicated to PAMM trading.

To access the service, the customer must:

1. Have a verified real account.
2. Have the necessary funds to invest. If the customer has not yet made a deposit, they can do so with their preferred payment method.
3. Open an investment account dedicated to PAMM trading.
4. Select the professional (manager) to whom they want to entrust their capital, choosing one from the top-ranked managers listed based on their ROI.
5. Transfer funds to the investment account.

Open a Real Account with IFC Markets

Platforms Available with IFC Markets

The broker offers advanced software to traders to efficiently interact with global markets. Technologically advanced, customizable, and user-friendly, they provide an intuitive interface suitable for any trader and trading style. Both beginners and professionals can invest using numerous available tools and functions to maximize their advantage in any trade.

• NetTradeX.
• MT4.
• MT5.

NetTradeX

A proprietary platform created by the broker. Carefully structured to meet the needs of its clients, NetTradeX offers a user-friendly environment with innovative tools and advanced functions. Both experienced and novice traders can interact with the markets with ease.

MT4.

One of the most popular and widely used platforms globally, MT4 features an intuitive interface and a wide range of customizable advanced trading tools. Being customizable, the software adapts to the user’s needs, allowing both experienced and novice traders to invest to their full potential.

MT5.

An improved and enhanced version of the older MT4, the multi-asset MT5 platform is designed for more demanding traders who require high-performance trading. MT5 incorporates the same features as MT4 but offers traders additional tools and services to create sophisticated strategies. Despite being designed for professional trading, it has a user-friendly structure suitable for both experienced and novice traders.

All platforms available with the broker are compatible with both fixed and mobile devices. Customers can choose the compatible version for Windows and MAC for fixed devices or iOS and Android for mobile devices.

In the next table, all the features of the offered platforms will be described in detail. Traders can compare them and choose the one that best suits their needs.

Invest on IFC Markets Platforms

Posted by Maria Sanchez

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Maria is an expert of financial markets, bringing all the information from English to Spanish for a better understanding of the online traders. She is also a day trader with experience in developing trading strategies that generate profit while minimizing risk and working under high pressured environment. While being a portfolio manager by herself, she focuses on marketing and consultancy of financial and Insurance products.