If you open a real account, you’ll receive a sign-up bonus, also known as a welcome bonus. As a bonus, this broker offers a 100% deposit match. Customers who have opened an IFX review, Brokers TM Holdings Account with the Company, can participate in the Bonus Scheme if they are at least 18 years old or the legal age in their jurisdiction. The additional volume criteria can be completed at any time.
When you sign up, you get a bonus: –
First-time deposits must be at least ZAR3500 (USD250) or ZAR4000 (ZAR14000) to qualify for the promotion (or any currency equivalent). After reaching volume requirements, clients are given three (3) months to receive their bonus. Clients who fail to do so within the stated period will forfeit their incentive to collect. You can only use one trading account to participate in this bonus promotion, which is restricted to USD 1000 / ZAR 14000. Trading on Indices, US and UK Shares, Gold, and Oil transactions is not eligible for the bonus.
The most excellent way for IFX review to get new customers to open a real account is to provide these bonuses. Many of these bonuses are tied to the amount of money a trader deposits, considering that a minimum amount must always be met. In addition, these incentives function as trade credit that may only be used for trading operations and cannot be withdrawn. While trade credits or bonuses can’t be cashed out, profits generated using them can be. This bonus usually comes with a long list of restrictions, so traders should read them carefully before claiming it. Traders need to be aware that demo accounts are not eligible when it comes to bonuses.
Referral Bonus: –
Referral bonuses are given to traders who already have an account with a broker to reward them for referring a friend or family member. IFX review, the broker does not give a referral bonus; instead, they have an Introducing Broker (IB) program. You can earn generous rewards when you introduce new customers to the IFX IB Program. An Introducing Broker doesn’t need to be an expert in forex or CFDs to try their hand at it.
Step-by-step guidance about how to set up a demo account: –
IFX reviews; brokers provide a free demo trading account for new traders. Demo accounts are perfect for novice traders who wish to learn the ropes of trading without taking on any risk. IFX Brokers provides a risk-free environment for forex trading. Traders who register a demo account with IFX Brokers must go through a simple online process. As a result, the following actions will be followed:
- On the IFX Brokers site, click on the Open Demo icon.
- Click ‘Submit’ after entering your information in the online form. Immediately after signing up, you will be redirected to your account page.
- Your platform credentials will be delivered to the email address you’ve supplied in a verification email.
It is also recognized as a practice account IFX review, which can practice trading or test a new trading policy without risking real money. Beginners can use a forex trial account to learn the ins and outs of trading. To that end, a demo account will allow traders to practice placing orders, managing current trade positions, and more advanced activities like testing or fine-tuning a trading strategy. Inexperienced traders should open a forex trial account first to feel for both their trading approach and the platform they intend to use.