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iFOREX account types

Every account type iFOREX offers, with the minimum deposit and the terms, as recorded in the database.

Facts last checked . Read the full iFOREX review.

Accounts

Minimum deposit
$100
Account types
Standard/Real, VIP, Islamic/Swap-Free, Trial/Demo
Account currencies
USD, EUR, GBP
Islamic account
Yes
Demo account
Yes
Professional account
Yes, jurisdiction-dependent
Minimum trade size
Instrument-dependent, approximately $100 notional on selected instruments
Time to open
Typically a few minutes

What this means

iFOREX runs 4 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.

Base currencies: USD, EUR, GBP. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.

The smallest position is Instrument-dependent, approximately $100 notional on selected instruments. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.

A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.

Questions about iFOREX accounts

What account types does iFOREX offer?

iFOREX offers 4 account types: Standard/Real, VIP, Islamic/Swap-Free, Trial/Demo.

What is the minimum deposit at iFOREX?

The minimum deposit at iFOREX is $100. It can differ by account type and by the entity you register with.

Which base currencies does iFOREX support?

iFOREX accounts can be held in USD, EUR, GBP. Holding the account in the currency you deposit avoids a conversion charge on every deposit and withdrawal.

Accounts at brokers under the same regulator

More about iFOREX