All Share (J203) = 89 519
Rand / Dollar = 18.20
Rand / Pound = 23.52
Rand / Euro = 19.79
Gold (usd/oz) = 3 023.65
Platinum (usd/oz) = 976.40
Brent (usd/barrel) = 72.13
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

IFC Markets Demo Account

IFC Markets - Demo Account
 

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 NameIFC Markets
🏛️ HeadquartersCyprus
📅 Year Founded2006
⚖️ Regulating AuthoritiesCySEC, BVI FSC
🌐 Countries not accepted for tradeUnited States, Japan, Russia
☪️ Islamic account (swap-free)Yes
📒 Demo AccountYes
✴️ Institutional AccountsNo
👨🏼‍💼 Managed AccountsNo
⬆️ Maximum Leverage1:400
💰 Minimum Deposit1 USD or 13.67 ZAR
💳 Deposit OptionsBank Wire Transfer
Perfect Money
Credit/Debit Card
TopChange Pay
BitWallet
WebMoney
CashU
WebMoney Vietnam
Bitcoin
Internal Transfer
💳 Withdrawal OptionsBank Wire Transfer
Perfect Money
Credit/Debit Card
TopChange Pay
BitWallet
WebMoney
CashU
WebMoney Vietnam
Bitcoin
Internal Transfer
📊 Platform TypesNetTradeX, MetaTrader 4, MetaTrader 5
📶 OS CompatibilityLinux, MacOS, Windows, Android, iOS
📈 Tradable assets offeredForex
Precious Metals CFDs
Indices CFDs
Commodity CFDs
Commodity Futures CFDs
Gold
ETF CFDs
Cryptocurrency CFDs
Synthetic instruments
💬 Languages supported on WebsiteSpanish, Korean, English, Czech, Indonesian, Vietnamese, Taiwan, Chinese, Arabic, Turkish, Brazil, Mexican, Russian, German, French, Italian, Portuguese, Japanese, Malay, Hindi, Thai
💬 Customer Support LanguagesMultilingual
⏲️ Customer Service Hours24/6
🚀 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:

  1. ✔️IFC Markets Demo Account Overview
  2. ✔️How to set up a Demo Account – Step by Step
  3. ✔️IFC Markets Demo Account Features
  4. IFC Markets Customer Reviews
  5. IFC Markets Pros and Cons
  6. Conclusion
  7. 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

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.

Open a IFC Markets demo account step 1

 

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.

open a IFC Markets demo account step 2

 

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.

open a IFC Markets demo account step 3

 

Step 4 – Fill out the form

Fill in the requested details on the form.

open a IFC Markets demo account step 4

 

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

IFC Markets trustpilot

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

IronFX Trustpilot

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 !

IronFX Trustpilot

The best for everyone that like forex…

The best for everyone that like forex and like work with it.

IronFX Trustpilot

IFC Markets Pros and Cons

✔️ Pros❌ Cons
Demo account offered across all three platformsSpreads 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.

 

IFC Markets contact us

 

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)
5/5 - (1 vote)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

May 1, 2022

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

Accordion Content

🏆 Top 4 Brokers

Account Minimum

$100

Pairs Offered

55+

Account Minimum

$1

Pairs Offered

240+

Account Minimum

$100

Pairs Offered

70+

Account Minimum

$0

Pairs Offered

50+

AvaTrade-Logo

Account Minimum

$15

Exclusive to SAShares Clients

Account Minimum

$1

Account Minimum

$100

Account Minimum

$0