At
iFOREX we understand how difficult it can be to enter a new
market, particularly one as volatile as the foreign exchange.
In order to ease the transition, we have developed a low-risk
introductory Protected Account (PA), designed to introduce
potential traders to the lucrative world of currency trading.
The Protected Account works as a funded demo account,
the size of which is determined according to a trader's
comfort level. Among its unique features:
- At any point during the two-week period, a trader may
control up to 100 times his initial deposit, regardless of
the actual balance in the Protected Account.
- The trader may make as many trades as desired, 24 hours
a day, using any currency pair.
- Positions are closed automatically at the end of the
two-week period. If there is a positive balance, it will be
transferred to the trader's regular account. If there is a
negative balance, iFOREX will cover it.
We at iFOREX
believe that a regular demo account, though a very useful
tool, does not simulate the feeling of trading real money on
the Foreign Exchange. The Protected Account acts as a bridge
between a demo account and a real one, providing an authentic
trading experience, with managed risk.
PA Premium Examples (All numbers are in USD):
| Paid Premium [Initial Deposit] |
Maximum
open positions |
Number
of trades |
Profit
during the period |
Account
balance |
| $100 |
$10,000 |
Unlimited |
$800 |
$800 |
| $100 |
$10,000 |
Unlimited |
$-800 |
$0 |
| $500 |
$50,000 |
Unlimited |
$4,700 |
$4,700 |
| $500 |
$50,000 |
Unlimited |
$-4,700 |
$0 | You
may pay a premium of 100 USD to 1,000 USD and trade up to
100 times of it in open positions at any given time.
Larger premium are available on request.
OPEN A PROTECTED ACCOUNT
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