Account types and Trading conditions
IFC Markets offres three types of trading accounts: Demo, Beginner and Standard.
General Conditions
| |
DEMO1 |
BEGINNER2 |
STANDARD |
| Minimal initial deposit |
1 USD |
1 USD |
200 USD |
| Maximum Initial Deposit |
Unlimited |
200 USD |
Unlimited |
| Maximum allowed equity |
Unlimited |
400 USD |
Unlimited |
| Leverage |
1:2 - 1:100 |
1:2 - 1:100 |
1:2 - 1:100 |
| Phone dealing service |
- |
+ |
+ |
| Market news service |
- |
+ |
+ |
1 Demo account operates virtual funds. It is introduced to learn the Trading Platforms' functionality and test trading strategies.
2 If value of Equity reaches an amount equal or greater than $400, the opening of new positions in the account is automatically terminated. For continuation of trade it is necessary for client either to change type of the account to Standard, or to withdraw surplus of funds to make the Equity not exceeding the amount of $200.
A client can trade only on one Beginner account.
Trading Conditions
| Trading Instruments |
DEMO |
BEGINNER |
STANDARD |
| Spread3 |
Order Distance4 |
1 pip value5 |
Spread3 |
Order Distance4 |
1 pip value5 |
Spread3 |
Order Distance4 |
1 pip value5 |
| Forex |
|
|
|
|
|
|
|
|
|
| AUD/JPY |
5 |
8 |
1000 JPY |
6 |
9 |
10 JPY |
5 |
8 |
1000 JPY |
| AUD/NZD |
12 |
18 |
10 NZD |
20 |
20 |
0.1 NZD |
12 |
18 |
10 NZD |
| AUD/USD |
3 |
5 |
10 USD |
4 |
6 |
0.1 USD |
3 |
5 |
10 USD |
| CAD/JPY |
5 |
8 |
1000 JPY |
6 |
9 |
10 JPY |
5 |
8 |
1000 JPY |
| CHF/JPY |
4 |
6 |
1000 JPY |
6 |
9 |
10 JPY |
4 |
6 |
1000 JPY |
| EUR/AUD |
10 |
15 |
10 AUD |
15 |
20 |
0.1 AUD |
10 |
15 |
10 AUD |
| EUR/CAD |
9 |
14 |
10 CAD |
12 |
18 |
0.1 CAD |
9 |
14 |
10 CAD |
| EUR/CHF |
3 |
5 |
10 CHF |
5 |
8 |
0.1 CHF |
3 |
8 |
10 CHF |
| EUR/GBP |
2 |
3 |
10 GBP |
4 |
6 |
0.1 GBP |
2 |
8 |
10 GBP |
| EUR/JPY |
3 |
5 |
1000 JPY |
4 |
6 |
10 JPY |
3 |
5 |
1000 JPY |
| EUR/SEK |
50 |
75 |
10 SEK |
75 |
100 |
0.1 SEK |
50 |
75 |
10 SEK |
| EUR/USD |
2 |
3 |
10 USD |
3 |
5 |
0.1 USD |
2 |
5 |
10 USD |
| GBP/AUD |
10 |
15 |
10 AUD |
12 |
18 |
0.1 AUD |
10 |
15 |
10 AUD |
| GBP/CAD |
11 |
17 |
10 CAD |
13 |
20 |
0.1 CAD |
11 |
17 |
10 CAD |
| GBP/CHF |
7 |
8 |
10 CHF |
10 |
10 |
0.1 CHF |
7 |
8 |
10 CHF |
| GBP/JPY |
7 |
8 |
1000 JPY |
10 |
10 |
10 JPY |
7 |
8 |
1000 JPY |
| GBP/NZD |
30 |
30 |
10 NZD |
35 |
30 |
0.1 NZD |
30 |
30 |
10 NZD |
| GBP/SEK |
70 |
105 |
10 SEK |
80 |
150 |
0.1 SEK |
70 |
105 |
10 SEK |
| GBP/USD |
3 |
5 |
10 USD |
4 |
6 |
0.1 USD |
3 |
5 |
10 USD |
| NZD/CAD |
10 |
15 |
10 CAD |
15 |
23 |
0.1 CAD |
10 |
15 |
10 CAD |
| NZD/CHF |
10 |
15 |
10 CHF |
15 |
23 |
0.1 CHF |
10 |
15 |
10 CHF |
| NZD/JPY |
9 |
14 |
1000 JPY |
12 |
18 |
10 JPY |
9 |
14 |
1000 JPY |
| NZD/USD |
5 |
8 |
10 USD |
5 |
8 |
0.1 USD |
5 |
8 |
10 USD |
| USD/CAD |
4 |
6 |
10 CAD |
5 |
8 |
0.1 CAD |
4 |
6 |
10 CAD |
| USD/CHF |
3 |
5 |
10 CHF |
4 |
6 |
0.1 CHF |
3 |
5 |
10 CHF |
| USD/DKK |
40 |
60 |
10 DKK |
75 |
100 |
0.1 DKK |
40 |
60 |
10 DKK |
| USD/JPY |
3 |
5 |
1000 JPY |
4 |
6 |
10 JPY |
3 |
5 |
1000 JPY |
| USD/NOK |
50 |
75 |
10 NOK |
75 |
100 |
0.1 NOK |
50 |
75 |
10 NOK |
| USD/SEK |
50 |
75 |
10 SEK |
75 |
100 |
0.1 SEK |
50 |
75 |
10 SEK |
| USD/SGD |
8 |
12 |
10 SGD |
12 |
18 |
0.1 SGD |
8 |
12 |
10 SGD |
| Metals |
|
|
|
|
|
|
|
|
|
| XAUUSD |
65 |
98 |
1 USD |
100 |
100 |
0.01 USD |
65 |
98 |
1 USD |
| XAGUSD |
65 |
98 |
5 USD |
100 |
100 |
0.1 USD |
65 |
98 |
5 USD |
| CFDs |
|
|
|
|
|
|
|
|
|
| SP500 |
75 |
225 |
1 USD |
100 |
300 |
0.01 USD |
75 |
225 |
1 USD |
| Nd100 |
100 |
300 |
1 USD |
125 |
375 |
0.01 USD |
100 |
300 |
1 USD |
| DJI |
70 |
210 |
10 USD |
100 |
300 |
0.1 USD |
70 |
210 |
10 USD |
| FTSE100 |
500 |
1500 |
10 GBP |
- |
- |
- |
- |
- |
- |
| DAX |
500 |
1500 |
10 EUR |
- |
- |
- |
- |
- |
- |
| CAC40 |
500 |
1500 |
10 EUR |
- |
- |
- |
- |
- |
- |
3 Spreads may vary in case of large volumes of transactions and low liquidity market.
4 Minimum Limit and Stop Order setting range may vary from 1 to 7 spreads from the market price depending on current market's liquidity.
5 1 pip value is given per:
- Forex (Demo, Standard) - 100,000 units of base currency
- Forex (Beginner) - 1,000 units of base currency
- XAU/USD (Demo, Standard) - 100 oz
- XAU/USD (Beginner) - 1 oz
- XAG/USD (Demo, Standard) - 5.000 oz
- XAG/USD (Beginner) - 100 oz
- SP500, Nd100 (Demo, Standard) - 100 contracts
- SP500, Nd100 (Beginner) - 1 contract
- DJI, DAX, FTSE, CAC40 (Demo, Standard) - 10 contracts
- DJI (Beginner) - 0.1 contract
Trading Volumes
| Trading Instruments |
Account Type |
Minimum Volume |
Maximum Volume |
| Forex 6 |
Demo |
100 |
Unlimited |
| |
Beginner |
100 |
2,000 |
| |
Standard |
10,000 |
Unlimited |
| XAU/USD |
Demo |
1 oz |
Unlimited |
| |
Beginner |
1 oz |
3 oz |
| |
Standard |
20 oz |
Unlimited |
| XAG/USD |
Demo |
1 oz |
Unlimited |
| |
Beginner |
5 oz |
150 oz |
| |
Standard |
1,000 oz |
Unlimited |
| SP500 |
Demo |
0.2 contract |
Unlimited |
| |
Beginner |
0.2 contract |
2 contract |
| |
Standard |
10 contract |
Unlimited |
| Nd100 |
Demo |
0.1 contract |
Unlimited |
| |
Beginner |
0.1 contract |
2 contract |
| |
Standard |
10 contract |
Unlimited |
| DJI |
Demo |
0.02 contract |
Unlimited |
| |
Beginner |
0.02 contract |
0.2 contract |
| |
Standard |
1 contract |
Unlimited |
| FTSE100 |
Demo |
0.01 contract |
Unlimited |
| |
Beginner |
- |
- |
| |
Standard |
- |
- |
| DAX |
Demo |
0.01 contract |
Unlimited |
| |
Beginner |
- |
- |
| |
Standard |
- |
- |
| CAC40 |
Demo |
0.01 contract |
Unlimited |
| |
Beginner |
- |
- |
| |
Standard |
- |
- |
6 Volumes given in units of base currency
|