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April 7, 2022

Differences between NetTradeX, MT4 and MT5 platforms of IFC Markets

IFC Markets offers 3 types of trading platforms that are NetTradeX, MT4 and MT5.

Differences-between-NetTradeX,-MT4-and-MT5-platforms-of-IFC-Markets Differences-between-NetTradeX,-MT4-and-MT5-platforms-of-IFC-Markets

IFC Markets’ 3 trading platforms

Trading platform is a combination of technical resources and software resources, which can provide users with financial market information, conduct transactions in the foreign exchange market, and display capital statistics between customers and companies.

NetTradeX
The trading analysis software NetTradeX was developed by NetTrdeX Corp2006 (a part of IFCM Group). NetTradeX PC is a member of the trading platform NetTradeX, which is a trading and analysis software running on a computer.
MetaTrader4
The MetaTrader 4 (MT4) platform is a popular trading platform that allows trading and technical analysis in the foreign exchange market and other financial markets. The trading platform MetaTrader 4 offers different currency pairs and CFDs. It is an advanced trading software that allows Trade all major, minor and exotic currency pairs, metals and indices. CFDs (Contracts for Difference) on stocks and commodities.
MetaTrder5
Metatrader 5 is used to trade currencies, CFD contracts and other tools, providing a variety of trading tools. This is a modern trading platform that allows to trade major and minor currency pairs, precious metals and indicators, CFDs on stocks and commodities. In addition, all the tools provided by the exchange can be traded through the MT5 platform.

Find out more about IFC Markets’ trading platforms

The trading platform works through the network and consists of 2 parts:

  1. Client – software installed on a computer or mobile phone;
  2. The company’s server provides the client with quoted prices (information about financial instruments), completes the trader’s order and manages the trader’s account.

The trading platform provides a series of functions, interfaces and technical indicators, the main ones are:

  • Installation of the client: a) into a personal computer; b) using the WEB-interface (via a browser); c) into a mobile device;
  • Graphical display of quoted prices;
  • A large number of indicators for technical analysis;
  • Convenient and fast interface;
  • Can be traded on an exchange, or several price providers simultaneously (e.g. ECN);
  • Intelligent trading – can realize automatic trading according to your own trading strategy;
  • Additional Features – Account Management, News, Alerts.

Go to IFC Markets Official Website

Fixed and Variable Spreads – Trading Account Types

IFC Markets offers more than 10 trading accounts with 3 different trading platforms.

See the tables below to know the difference of trading conditions and choose the right account type and platform for your strategy.

NetTradeX Standard-Fixed & Floating Beginner-Fixed & Floating Demo-Fixed & Floating
Balance currency USD EUR JPY uBTC USD EUR JPY uBTC USD EUR JPY uBTC
Initial deposit 1000 USD, 1000 EUR, 100000 JPY 1 USD, 1 EUR, 100 JPY
Maximum equity 5000 USD
Leverage 1:1 – 1:200 1:1 – 1:400 1:1 – 1:400
Min. fixed spread From 1.8 pips From 1.8 pips From 1.8 pips
Min. floating spread From 0.4 pips From 0.4 pips From 0.4 pips
Short margin level (Stop out) 10% 10% 10%
Minimum volume of the deal (forex) 10000 units 100 units 100 units
Market newsline Available Available
Accounting system of positions Hedged/Netting Hedged/Netting Hedged/Netting
Registration Page Open Standard-Fixed & Floating Account Open Beginner-Fixed & Floating Account Open Demo-Fixed & Floating Account

Open IFC Markets NetTradeX Account

MT4 Standard-Fixed Micro-Fixed Demo-Fixed
Balance currency USD EUR JPY USD EUR JPY USD EUR JPY
Initial deposit 1000 USD | 1000 EUR | 100000 JPY 1 USD | 1 EUR | 100 JPY
Maximum equity 5000 USD | 5000 EUR | 500 000 JPY
Leverage 1:1 – 1:200 1:1 – 1:400 1:1 – 1:400
Min. fixed spread From 1.8 pips From 1.8 pips From 1.8 pips
Short margin level (Stop out) 10% 10% 10%
Minimum volume of the deal (forex) 0.1 lot 0.01 lot 0.01 lot
Market newsline Available Available Unavailable
Accounting system of positions Hedged Hedged Hedged
Registration Page Open Standard-Fixed Account Open Micro-Fixed Account Open Demo-Fixed Account

Open IFC Markets MT4 Account

MT5 Standard-Floating Micro-Floating Demo-Floating
Balance currency USD EUR JPY USD EUR JPY USD EUR JPY
Initial deposit 1000 USD | 1000 EUR | 100000 JPY 1 USD | 1 EUR | 100 JPY
Maximum equity 5000 USD | 5000 EUR | 500 000 JPY
Leverage 1:1 – 1:200 1:1 – 1:400 1:1 – 1:400
Min. floating spread From 0.4 pips From 0.4 pips From 0.4 pips
Short margin level (Stop out) 10% 10% 10%
Minimum volume of the deal (forex) 0.1 lot 0.01 lot 0.01 lot
Market newsline Available Available Unavailable
Accounting system of positions Hedged and Netting Hedged and Netting Hedged and Netting
Registration Page Open Standard-Floating Account Open Micro-Floating Account Open Demo-Floating Account

Open IFC Markets MT5 Account

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