IronFXtrading platform offers a whole range of trading accounts to choose from. These types of accounts vary in the services they offer, the commission they charge, and their account types.
There are Live Trading Accounts that offer live order execution of both stocks and forex. There are also STP/ECN Accounts that offer pre-programmed orders (STP) or quotes activated by your trades executed on an ECN Forex Broker.
That’s not all! IronFX also allows you to register multiple trading accounts in our clientportal for convenience when you first sign up with us.
All accounts offer a variety of trading features, such as market order and trailing stop loss. With these types of account types, you can trade using maximum leverage and benefit from the increased profitability of your trades.
Choose from a wide range of trading accounts that suit your needs and style of trading.
In addition to customizing the risk and reward ratios for opening positions, our FOREX Trading Platform allows you to set up different types of Automatic Trading Strategies. You can monitor the performance of each strategy by calculating the Yield for your current open positions in MT4. Enjoy advanced trading features on our FOREX Trading Platform.
Comparison of IronFX account types
Ironfx is very popular on online trading platform.
Forex, Metals, Indices, Commodities, Futures, Shares. Forex is foreign exchange trading and includes many different instruments such as stocks and metals. Futures represent future delivery at a certain price based on an underlying asset with futures contracts typically being used in commodities trading to mitigate risk associated with large purchases before finalizing them in the market for cheaper prices.
Shares are the most common type of account where you can trade futures and shares on the Forex markets.
A future contract is a contract that gives the holder the right to buy or sell an asset at a certain price on a certain future date. In other words, it represents ownership of the asset being traded, for example, buying an oil contract would give you oil delivery at some future time. Commodities are traded on the commodity exchange with futures contracts typically being used in commodities trading to mitigate risk associated with large purchases before finalizing them in the market for cheaper prices.
The account type offers commission-free spot trading of all major currency pairs, CFD and Listed Securities. So, you can trade unlimited value of shares and futures.
Forex trading, also known as foreign exchange trading, is the simultaneous purchase and sale of one currency for another. This type of trading allows you to trade world currencies without resorting to the services of a broker. Forex traders assume risk in either currency to make a profit on their trade.
What are Spreads?
When discussing spreads in forex trading platform, this refers not only to the difference between buying and selling prices but also between bids and offers that exist at one time for a particular currency pair on an exchange or market.
What are Leverages?
Leverage refers to the amount of money you need to have in your trading account before you can start trading. You can have flexible leverage here.
What are the Main Benefits of Trading Forex?
Forex trading is a global market and it is open 24 hours a day, 5 days a week which means you can participate whenever you want. On top of that, there are no commissions you need to pay when buying or selling currencies. You simply place your trade and let the market take care of it. The currency markets are also very liquid or liquid enough for you to be able to execute your trades at any time.
What does this mean when it comes to trading Forex?
When trading on margin, an investor who wishes to open a position must deposit some of his capital as collateral. This means that the trader is not paying anything to trade and, instead, he provides capital to cover potential losses in the market. We are talking about a fair amount of money here. The amount of money you will need depends on the currency pair and the leverage level you choose.
The autotrade program
IronFX is excited to present IronFX Autotrade, an automated trading program that allows traders to copy signals or mirror complete chosen strategies. With this innovative and interactive tool, traders can enjoy the experience and knowledge of other successful traders in a fast and secure way, while still benefiting from all trading opportunities.
But what are the benefits? The following list will give you five reasons why you should use ourtrading platform:
- It’s Secure – unlike many other automated trading programs on the market today, IronFX Auto Trade is built on top of our award-winning MetaTrader 4 software – which is among the most secure available.
- 100% Confidentiality – We have taken great care to ensure that all of your trades will be kept completely confidential as well as the strategies you copy.
- It’s Real Time – IronFX Auto Trade is a real-time trading platform, which means that all order flow and market data are updated in real-time, giving you the ability to set your orders based on market conditions and specific trends.
- It’s Convenient & Easy to Use – IronFX Auto Trade has been designed with traders in mind and provides an intuitive user interface for quick access to trading functionality without having to delve deep into programming commands or complex technical jargon.
- It’s Powerful – IronFX Auto Trade provides users with a wide range of trading strategies, including many that are new and unique to our exchange which we have created exclusively for the trading platform.
In using IronFX Auto Trade, you will be able to set up your trading strategy in just a matter of minutes without having to download or install any software or sign up for a separate account. This means that trading on IronFX Auto Trade is fast and easy, allowing you to start making profits quickly.