fbStart Trading (Forex and CFD) | How to Start Trading | Trading Steps | IFCM UAE

Start Trading

IFC Markets offers its customers a unique trading terminal NetTradeX, which has all the necessary tools for analyzing the markets and trading. After having downloaded NetTradeX trading terminal here are the steps required for opening a demo account.

Let us suppose the rate of USD/JPY is 95.620/95.650 and you have decided to buy 200 000 USD. Your trade is executed at the Ask price 95.650.

One of the most powerful means of winning a trade is the portfolio of Forex trading strategies applied by traders in different situations. Following a single system all the time is not enough for a successful trade. Each trader should know how to face up to all market conditions, which, however, is not so easy, and requires a deep study and understanding of economics.

With the rapid development of computer technologies at the end of the 20th century the process of trading in financial markets changed and became completely electronic. There also appeared a separate segment of trading known as algorithmic trading.

Psychological factor is vital for success or failure of the trader. Even with clear trading strategy and ability to analyze the market the vast majority of traders lose their money as they are unable to control emotions.

Currently, there are two basic schemes for providing this service.

Start and practice trading with a Demo account

Demo Trading requires no obligation to the broker