How to Open a New Account | IFCM
IFC Markets Online CFD Broker

How to Open a New Account

You can open a new Real or Demo Account via your Profile:

  1. Within your Dashboard go first to the "My Accounts" section, click the "Open Live Account" or "Open Demo Account" button.
  2. In the window that opens, select a Live or Demo Account type and set the following parameters of the account you want to open:

    2.1. Platform: NetTradeX, MetaTrader 4, MetaTrader 5.

    2.2. Account type:

    • for the NetTradeX platform: Beginner (Fixed spread), Standard (Fixed spread), Beginner (Floating spread), Standard (Floating spread), Demo (Fixed spread), Demo (Floating spread).
    • for the MetaTrader 4 platform: Micro (Fixed spread), Standard (Fixed spread), Demo (Fixed spread).
    • for the MetaTrader 5 platform: Micro (Floating spread), Standard (Floating spread), Demo (Floating spread).

    Moreover, for the MetaTrader 5 platform, each type of account (Micro, Standard, Demo) is subdivided into two more subtypes - with Hedging and Netting systems, which is set by the label in the "Use hedge in trading" field. This option allows to open an account with hedging system which lets a trader have several open positions (even oppositely directed) per instrument (symbol) simultaneously for so-called position locking; if you unmark the check box, an account with netting system will be opened which implies only one positions per finacial instrument, the volume and direction of which can be changed by transactions on this instrument.

    2.3. Leverage:

    • for Beginner, Micro, Demo accounts you can choose leverage from 1: 400 to 1: 1.
    • for Standard accounts you can choose leverage from 1:200 to 1:1.

    2.4. Account Currency:

    • for NetTradeX platform: USD, JPY, EUR, uBTC (uBTC - one millionth of a Bitcoin).
    • for MetaTrader 4 and MetaTrader 5 platforms: USD, JPY, EUR.

    2.5. For Demo accounts you can set the amount of account balance you need.

    2.6. Confirm that you are familiar with and agree to the documents on terms of trade proposed for reading. Click the “Open Account” button.

    Moreover, on each platform you can own several accounts, but each of them must differ from the others by at least one of the following parameters - account type, account currency.

  3. Then you will get an email with the new account number and password. In the «My Accounts» section of your Private Area you can see a list of all Live and Demo accounts, including the recently added one.

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