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Choose an instrument and a deal slip will open
Select “Sell” (short) or “Buy” (long)
Choose your preferred deal size
Press the “Deal” button
You can set Stop Loss and Take Profit limits so your deal will close automatically once it reaches specific price levels.
CFD stands for Contract For Difference. When you trade CFDs, you are essentially investing in the price of a specific instrument, without having to actually buy or store it. What is a single contract? It depends on the instrument.
Leverage allows you to open large deals with a relatively small investment.
How large? Up to 400 times your initial investment, depending on the instrument you trade.
This means that with a $500 investment you can open trades worth up to $200,000.
Keep in mind that while leverage increases your trading power, it also increases risk to your investment, so be sure to use with sufficient knowledge and training.
iFOREX offers Negative Balance Protection policy, so you can never lose more than your initial investment. No matter what happens, your account will never go into minus.
iFOREX provide you with all of the resources and tools you need to improve as a trader.
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