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Getting Started

Learn about trading commodities, stock indices, and forex trading in the form of contracts for difference (CFDs).

Getting Started

Are you ready to start trading CFDs online? Here is some useful information about the trading platform and the services we offer to help you get started. If you have any questions, contact us.

How to open an account with iFOREX.

  • Sign Up

    Click on the "Sign Up" button

  • Fill in your details

    Fill in your details

  • Deposit funds to activate your account

    Deposit funds to activate your account

How to open your first CFD trade

  • Choose the financial instrument and a trade page will open

    Choose the financial instrument and a trade page will open

    Choose the financial instrument and a trade page will open
  • Select “Sell” or “Buy”

    Select “Sell” or “Buy”

    Select “Sell” or “Buy”
  • Choose your preferred trade size

    Choose your preferred trade size

    Choose your preferred trade size
  • Click on the “Trade” button

    Click on the “Trade” button

    Click on the “Trade” button

Remember:
You can set stop loss and take profit limits so that the trade will automatically close once it reaches specific price levels.

What are CFDs?

CFD stands for Contract for Difference. When you trade CFDs, you are essentially investing in the price of an instrument, without needing to buy or store the actual asset. What is one contract? It depends on the instrument.

CFD type
1 contract
Oil Oil
The price of 1 oil barrel
Gold Gold
The price of 1 ounce of gold
EUR/USD EUR/USD
The price of 1 euro

Leverage Trading

Leverage allows you to open large trades with a relatively small investment. How large? Up to 400 times your initial investment, depending on the instrument you are trading. This means with an investment of $500, you can open trades worth up to $200,000.

Investment Investment Leverage Leverage Max deal size Max deal size
$500 X 400 = $200,000

Keep in mind that while leverage increases your trading power, it also increases the risks on your investments, so make sure to use it with sufficient knowledge and training.

Remember: iFOREX offers a negative balance protection policy, so you can never lose more than your initial investment. No matter what happens, your account balance will never go below zero.

Expand Your Knowledge

iFOREX provides all the resources and tools you need to grow as a trader.

  • 1-on-1 training

    1-on-1 Personal Training - Learn trading strategies and the market at your own pace.

  • The iFOREX online trading App

    iFOREX App - Get market updates and alerts by downloading the free app.

  • A $5,000 Demo Account

    $5000 Demo Account - Practice and develop with no risk until you are ready for real trading.

  • Education resources

    Educational Resources - Benefit from trading PDF guides and useful video lessons.

  • News and analysis

    News and Analysis - Get daily market information and detailed reports.

  • iFOREX Trading tools

    Trading Tools - Take advantage of trading indicators, economic calendar, and more.