
IFC Markets does offer a Demo Account for traders. Traders have access to the same functions, features, and options that they normally would on a live trading account.
IFC Markets at a glance
Broker's Name | IFC Markets |
🏛️ Headquarters | Cyprus |
📅 Year Founded | 2006 |
⚖️ Regulating Authorities | CySEC, BVI FSC |
🌐 Countries not accepted for trade | United States, Japan, Russia |
☪️ Islamic account (swap-free) | Yes |
📒 Demo Account | Yes |
✴️ Institutional Accounts | No |
👨🏼💼 Managed Accounts | No |
⬆️ Maximum Leverage | 1:400 |
💰 Minimum Deposit | 1 USD or 13.67 ZAR |
💳 Deposit Options | Bank Wire Transfer Perfect Money Credit/Debit Card TopChange Pay BitWallet WebMoney CashU WebMoney Vietnam Bitcoin Internal Transfer |
💳 Withdrawal Options | Bank Wire Transfer Perfect Money Credit/Debit Card TopChange Pay BitWallet WebMoney CashU WebMoney Vietnam Bitcoin Internal Transfer |
📊 Platform Types | NetTradeX, MetaTrader 4, MetaTrader 5 |
📶 OS Compatibility | Linux, MacOS, Windows, Android, iOS |
📈 Tradable assets offered | Forex Precious Metals CFDs Indices CFDs Commodity CFDs Commodity Futures CFDs Gold ETF CFDs Cryptocurrency CFDs Synthetic instruments |
💬 Languages supported on Website | Spanish, Korean, English, Czech, Indonesian, Vietnamese, Taiwan, Chinese, Arabic, Turkish, Brazil, Mexican, Russian, German, French, Italian, Portuguese, Japanese, Malay, Hindi, Thai |
💬 Customer Support Languages | Multilingual |
⏲️ Customer Service Hours | 24/6 |
🚀 Open an Account | 👉 Click Here |
Min Deposit
USD 1
Regulators
CySEC, BVI FSC, LFSA
Trading Platform
MT4, MT5, NetTradeX
Crypto
Yes
Total Pairs
50
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Choose your quick section of our IFC Markets Demo Account below.
IFC Markets Demo Account – 7 key points quick overview:
- ✔️IFC Markets Demo Account Overview
- ✔️How to set up a Demo Account – Step by Step
- ✔️IFC Markets Demo Account Features
- IFC Markets Customer Reviews
- IFC Markets Pros and Cons
- Conclusion
- Frequently Asked Questions
Here is an overview of the IFC Markets Demo Account as well as the features that are offered.
IFC Markets Demo Account Overview
A demo account is often referred to as a practice account due to it provides traders with the ability and freedom to explore the broker’s offering without running the risk of incurring losses through the provision of virtual money with which to practice trading.
Beginner traders can use demo accounts to familiarize themselves with a live trading environment, where they can build up their trading skills by actively participating in trades and develop their own trading strategies. Demo accounts are not merely intended only for beginners, but it provides more advanced traders the opportunity to explore what the broker has to offer.
How to set up a Demo Account – Step by Step
Setting up a demo account with IFC Markets is an easy and straightforward process that consists of the following steps:
Step 1 – Go to the IFC Markets website
Go to the official IFC Markets website.
Step 2 – Scroll down until you see the Demo Account banner
Once on the website, scroll down until you see a banner that consists of a choice between opening a live or demo account option.
Step 3 – Click on the “Open Demo Account” tab
Click on the “Open Demo Account” tab to start the process of opening a demo account.
Step 4 – Fill out the form
Fill in the requested details on the form.
Step 5 – Your demo account has been created
IFC Markets Demo Account Features
The features that traders can expect from their IFC Markets demo account will depend on the account that they wish to demo, with the features of each indicated below.
NTTX Demo Fixed and Floating
➡️️ Deposit currencies between USD, EUR, JPY, or uBTC
➡️️ No minimum deposit requirement as virtual funds are provided
➡️️ No limit on the maximum equity
➡️️ Leverage from 1:1 up to 1:200
➡️️ Fixed spreads that start from 1.8 pips
➡️️ Floating spreads from 0.4 pips
➡️️ Short margin level, or stop-out of 10%
➡️️ Minimum volume of 100 units in forex
➡️️ Ability to use hedging and netting
MT4 Demo Fixed
➡️️ Deposit currencies between USD, EUR, or JPY
➡️️ No minimum deposit requirement as virtual funds are provided
➡️️ No limit on the maximum equity
➡️️ Leverage from 1:1 up to 1:400
➡️️ Floating spreads from 1.8 pips
➡️️ Short margin level, or stop-out of 10%
➡️️ Ability to use hedging
MT5 Demo Floating
➡️️ Deposit currencies between USD, EUR, or JPY
➡️️ No minimum deposit requirement as virtual funds are provided
➡️️ No limit on the maximum equity
➡️️ Leverage from 1:1 up to 1:400
➡️️ Floating spreads from 0.4 pips
➡️️ Short margin level, or stop-out of 10%
➡️️ Ability to use hedging and netting
Min Deposit
USD 1
Regulators
CySEC, BVI FSC, LFSA
Trading Platform
MT4, MT5, NetTradeX
Crypto
Yes
Total Pairs
50
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
IFC Markets Customer Reviews
Just Perfect!
I came here for Autochartist — the way they have it on the open for free without login drove me to them!
Great for beginners and experts
IFCMarkets for me is the best broker…
IFCMarkets for me its the best broker out here and good for Canadian traders..they provide Instant Execution orders for trading and they provide fast withdraw which is the best for me! i like it guys ! keep on good working !
The best for everyone that like forex…
The best for everyone that like forex and like work with it.
IFC Markets Pros and Cons
✔️ Pros | ❌ Cons |
Demo account offered across all three platforms | Spreads are not the tightest |
Conclusion
IFC Markets is a trusted broker that caters to both beginner and professional traders. IFC Markets offers a range of financial instruments that can be traded through three powerful trading platforms.
You might also like: IFC Markets Review
You might also like: IFC Markets Account Types Overview
You might also like: IFC Markets Fees and Spreads
You might also like: IFC Markets Islamic Account Overview
You might also like: IFC Markets Minimum Deposit
You might also like: IFC Markets Sign up Bonus
Frequently Asked Questions
What is the difference between a demo and a live trading account?
A demo account offers the use of virtual funds instead of actual capital. This allows for risk-free trading as well as exploring of both the broker’s offer and the trading platform.
A demo account can be used for a variety of reasons including practice trading, testing trading strategies, exploring platforms and offers, and more.
Does IFC Markets offer a demo account?
Yes. Find out more about IFC Markets demo account here.
For how long is the demo account valid?
There is no indication of whether the demo account expires.
Which live trading accounts does IFC Markets offer?
- NTTX – Standard Fixed and Floating
- NTTX – Beginner Fixed and Floating
- MT4 – Standard Fixed
- MT4 – Micro Fixed
- MT5 – Standard Floating
- MT5 – Micro Floating
What are the available deposit currencies for a live trading account?
- USD
- EUR
- JPY
- uBTC (only on the NTTX Account)
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