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Select an instrument and a deal slip will appear
Select “Sell” (short) or “Buy” (long)
Select your preferred deal size
Stop Loss and Take Profit limits are two helpful tools you can use to automatically close your deal when it reaches a pre-set price level.
CFD is an abbreviation of Contract For Difference. Trading CFDs allows you to invest in the price movement of your chosen instrument, without taking material possession of it. Each contract is different per instrument. For example:
You can use leverage to magnify your trading power, essentially opening a large deal with a relatively small initial investment.
Leverage amounts can hit up to 400 times the initial investment, and vary according to the chosen instrument.
Need a visual? Leverage can turn an investment of $500 into a trade worth $200,000.
Important note on leverage: while it can boost your trading power, leverage also increases risk, so it’s recommended that you use it only once you're understand how to trade strategically with leverage.
Negative Balance Protection:
at iFOREX, we employ Negative Balance Protection on every trade to ensure that you never lose more than your initial investment. In other words, your account is prevented from ever going into the minus.
At iFOREX, you’ll find many helpful tools and educational resources for traders of all levels.
1-on-1 trainingUse a live training session with a trading coach to develop your own strategies and learn the market at your own pace.
iFOREX Mobile Trading AppOpen and close deals and enjoy important updates and alerts on-the-go with our free app.
A $5,000 Demo AccountTry out opening and closing deals risk-free before you trade with real money.
Educational resourcesExplore our collection of financial PDFs, video tutorials and a variety of articles on relevant topics.
News and analysisStay up-to-date with vital market info and reports.
Trading toolsOptimise your trading experience with the economic calendar, trading signals, and more