IFC Markets - Abingdon
IFC Markets is an International Forex and CFD Broker giving the customers an opportunity to perform trading from different regions of the world.IFCM Group is a group of companies that meet unified requirements set by international legislation for providing brokerage and financial services.
It has been stably operating since 2006 in full compliance with international standards for brokerage services. IFCM Group provides world class services and online support in different locations across the globe. IFCM Group offers an opportunity to trade Continuous Commodity and Index CFDs, which are calculated continuously without expiration dates on the basis of the nearest liquid futures by unique algorithm.
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Business Operation Hours
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Monday
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9:00 AM to 5:00 PM
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Tuesday
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10:00 AM to
7:00 PM
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Wednesday
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10:00 AM to 7:00 PM
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Thursday
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10:00 AM to 7:00 PM
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Friday
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10:00 AM to 7:00 PM
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Saturday
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10:00 AM to 7:00 PM
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Sunday
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10:00 AM to 7:00 PM
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Additional Information
In order to avoid any client liabilities towards the company, the company has a right to close client’s one or several positions if there are losses over them. Closing is performed when the ratio of the equity (account balance taking into account profit/loss of the open positions) to the margin level reaches 10%.
In this case the first position to close will be the most unprofitable one for the client. This situation is called “short margin”. For NetTradeX accounts a client can request (by email to the Back office) to set short margin level higher than 10%. In addition, equity level (in the account balance currency) can be set, so as when reaching it, all open positions automatically are closed.
When the total volume of open positions equals to or exceeds 20 000 000.00 USD, the maximum possible leverage equals to 1:20 (margin 5%).At weekends and holidays margin requirements may be increased twice with prior notification. This means that in case of an account with 1:100 leverage (1% margin) the leverage for calculations may change to 1:50 (2% margin).
The client must change his opened position according to the increased margin requirements by the end of the trading session. If the client fails to do so, the company has a right, but not an obligation to reduce the client’s position on its own at closing prices of trading. Moreover, the company decides which of the client’s positions should be reduced or closed.
If an account has buy and sell positions of equal volumes opened on the same financial instrument in lock mode, the total margin of these two positions equals to the margin of one position. The margin for opening two locked positions is 50% of the margin for opening two unlocked positions. Thus, when opening a new locked position the margin does not increase. On NetTradeX accounts in case of absence of a free margin position locking is possible within the limits of account equity.
Product and Services
CFD Broker, Online Forex Broker, Forex Market, Global Broker in Forex Trading, Forex Trading Tutorial, Online Forex Broker, Forex Tutorial, forex trading strategies, forex trend indicator
The table contains allowable ranges of trading volumes for financial instruments and account types. You can find minimum and maximum available volumes of transactions for each financial instrument. For NetTradeX accounts volumes are given in units of the base currency or in units of the asset for non-currency instruments. For MetaTrader 4 accounts volumes are given in lots.
Languages Spoken
English
Payment Options
Visa,Master Card,Cash,Check
Year Established
2009
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