16- IFX Brokers signup

Headquartered in South Africa, IFX Brokers is a leading broker that stands out by providing a feature-rich competitive trading environment to meet a wide range of trading objectives and strategies. Read along to learn more about the IFX brokers signup process and how to make use of it further!

About the broker

Regularly updated trading experience tools and functions mean that traders provide a better trading experience at lower prices, and the trading platform receives high levels of liquidity and competitive spreads. The trading platform provides traders with ultra-fast and non-trading models, giving them an advantage in trading a wide range of CFDs, commodities, foreign exchange, and futures. 

Signup

Following are the steps for IFX brokers signup:

  • Register an IFX account online, on iOS or Android using an easy-to-use authentication process.
  • Fund your account. Select the investment method you want to use and deposit money into your IFX account.
  • Start trading multi assets and multi currencies from one account.

Types of accounts

Traders can choose from three unique IFX Broker accounts, including Islamic IFX, Raw IFX, and IFX accounts. Each of these accounts is supported by the advanced features of the broker’s trading platform to meet different trading needs, with access to over 70 pairs of silver, gold, and silver, oil, and gas.

Benefits of IFX brokers trading accounts

  • Fast withdrawal process
  • Multi deposit funds options
  • Upload account documents
  • Manage personal information
  • Password change
  • Transferring funds between accounts
  • Account history
  • Current positions free & used margin
  • Balance & equity
  • View your withdrawal and deposit history

Deposits and withdrawals

The regulation of consumer funds plays an important role because, upon the request of sellers and future trading account holders, funds held in segregated accounts can be withdrawn at any time. IFX brokers have the minimum deposit required to open a brokerage account and the quoted price is $100. Compared to current fees in most brokers, most new traders should be able to use this minimum investment. The broker offers excellent investment and withdrawal positions, but unfortunately, the payment methods offered are limited and only include:

  • Visa
  • Payfast
  • Wire transfer

Leverages

Leverage is a tool that allows traders to hold larger positions in addition to increasing their chances of entering the market they are trading in, no matter how much the trader has made an initial investment. Leveraged products like Forex not only increase the trader’s profits but also increase the trader’s potential risks and losses.

The maximum leverage provided by the IFX broker is adjustable 1: 500.

Trading platforms

IFX Brokers offers the popular and comprehensive MetaTrader 4, which includes useful monitoring tools and allows you to customize multiple charts. MetaTrader 4 is known for its advanced features including one-click execution, limit and stop-loss commands, technical signals, real-time analysis, and more. The platform can be used as a desktop application for Windows and Mac computers, as well as a mobile application for Android and iOS devices. You can read more about forex trading demo account south africa

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