ACCOUNT TYPES IN FOREX TRADING

JacqStone · Newbie Joined: Jul 27, 2011 Posts: 134

IKOfx provide varieties of trading accounts to suit its clients' need globally, all the trading accounts is tradable on the MetaTrader4.

Over 20 currency pairs are tradable in IKOfx. Besides, IKOfx also offers tradable commodities such as gold and silver as well.

In addition, IKOfx authorize its client to fully utilize Expert Advisor trading tools on its MetaTrader4 platform.

DEMO ACCOUNT
Recommended for beginner which totally new to the FOREX market.
The purpose of Demo Account is to provide the beginner to get use to both MT4 trading platform and the live Forex market as a whole.
As well as getting virtue money to trade with, the Demo Account is an essential first step to grow any beginner into a veteran Forex trader

Recommended for traders who prefer start off with small deposit as low as $1 USD and trade volume as low as 0.01 lots per position.

MINI ACCOUNT
Hereby, traders enjoy the leverage offer up to 500:1.
Mini Accounts are essentially 10% the value of Standard Accounts, meaning that a transaction of one mini lot is $10,000 USD.
But Mini Account only able to accept the initial or total deposit limit up to $10,000 USD, whichever the deposit is more than that level; it shall automatically convert into Standard Account as below.
Whereas a standard lot is of course a $100,000 trade.

STANDARD ACCOUNT
The Standard Account reflects the real world of Forex trading, strongly recommended for professional traders.

IKOfx offer leverage level up to 500:1 for its Standard Account with minimum deposit amount of $2000 USD. For Standard Account, each minimum transaction would be 1 standard lot equivalent to $100,000 USD.

IKOfx provides online trading education material, trading tools and economic calendar and Forex analysis to assist traders to achieve better in their trading performance.

Overall, the Standard Account offers the best trading ground for traders to fully utilize their trading skills and strategy that lead to successful trading.

NON-SWAP ACCOUNT
As the name suggest, this is a swap free accounts, tailor-made to the Islamic community who has always been a top priority for IKOfx.

For Non-Swap Account, there will be no swap or rollover interest will be debited or credited to the positions held overnight to the account, which complies with Islamic Shariah Law.

IKOfx Non-Swap Account is available for Mini Account and Standard Account

Why wait? Sign up for IKOfx trading account now and enjoy the excitement of Forex trading! For enquiries, please kindly get assistance from our customer services from live chat or write to us at account@ikofx.com.

IKO Forex Limited - The Ideal Place for Forex Trading

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