Frequently Asked Questions
To open a Demo account click here. The demo account allows you to trade risk-free by providing you access to IBF Markets MT4 trading platform, and unlimited demo funds. To open a Live account click here. The live account allows you to open an account with real money to start trading straight away. You simply choose the account type that best suits you, complete the online registration, submit your documents and you are set to go. We advise you to read the risk disclosure, customer agreement and terms of business before you start trading. In both cases an IBF area will be opened. The IBF area is your client portal from where you can manage the finances of your demo and live accounts.
The minimum initial deposit depends on the account type selected. Please click here to view all our accounts and the minimum initial deposit for each.
We offer a variety of deposit options. Please click here to see all available methods.
You can withdraw at any time from your trading account. To request a withdrawal, simply login to your client portal and select 'Withdraw'. Every withdrawal request will be processed as soon as it is approved and will be sent via the same means of deposit. Withdrawal through local bank deposit is processed within 1-3 hours, during working hours (24/5). Withdrawal through credit cards takes 24-72 hours, Cryptocurrency withdrawal takes 1-3 hours.
The spread is the difference between the bid and offer. To see our Forex typical spreads, click here
There are no additional Fees.
A true 24-hour market, Forex trading begins each day in Sydney, and moves around the globe as the business day begins in each financial center, first to Tokyo, then London, and New York. Unlike any other financial market, investors can respond to currency fluctuations caused by economic, social and political events at the time they occur - day or night. The market is open 24/5.
If you are buying currency, you are opening a 'long' position, if selling - 'short'. For example, if you buy 1 lot of EUR/USD, it means you open a long position for 100,000 of EUR against USD. And if you sell 10 lots of USD/CAD that means you open short position for 1 milion of USD versus CAD.
The most common risk management tools in Forex trading are the limit orders and the stop loss orders. A limit order places restriction on the maximum price to be paid or the minimum price to be received. A stop loss order sets a particular position to be automatically liquidated at a predetermined price in order to limit potential losses should the market move against an investor's position
Currency traders make decisions using both technical factors and economic fundamentals. Technical traders use charts, trend lines, support and resistance levels, and numerous patterns and mathematical analysis to identify trading opportunities, whereas fundamentalists predict price movements by interpreting a wide variety of economic information, including news, government-issued indicators and reports, and even rumors. The most dramatic price movements, however, occur when unexpected events happen. The event can range from a Central Bank raising domestic interest rates to the outcome of a political election or even an act of war. Nonetheless, more often it is the expectation of an event that drives the market rather than the event itself.
Please go to ibfmarkets.com and select 'Live Chat'. One of our dedicated Support Agents will be able to answer any questions you may have. We offer 24/5 live support to all our clients. Alternatively, simply send an email to support@IBF Markets.com.