iForex Trading Platform – Review, Top Features, Set-up Process, Benefits & more
Last Updated Date: Aug 30, 2023Check out all details about iForex Trading Platform here.
Trading any asset whether stocks, currencies, forex, commodities or anything, requires a trading platform.
The trading platform helps you place the order and then it gets executed and your trade is done. Earlier, without online trading platforms, traders used to visit the exchange and trade manually.
However, with the advent of technology, and its integration with trading, now you have trading platforms. You can access them on your mobile, computer, and browser as well.
So, here in this article, we will be discussing the iForex MetaTrader 5 and its unique features. We will be discussing how well you can use this for your benefit.
You will also get to know the steps to own and set this platform and other details in this article.
About iForex Trading Platform
iForex is a known brokerage house in the world. It has been performing as one of the best forex brokers for many years.
It has come up with multiple features and facilities for its investors.
The iForex Online Trading Platform is truly amazing and loaded with features. So, you can have a great time trading using this platform.
There are three types of trading platforms that iForex offers. It has –
Web-based trading platform – This platform helps you in trading online without downloading any software on any device. You can access it from any device as well.
Trading terminal – The trading terminal is the most important platform which can handle heavy volume trading. iForex provides an advanced trading terminal for its clients.
Mobile trading platform – Finally, there is the mobile trading platform. The platform helps you trade on the go.
Get Free Access to Platform – Open a Forex Account Now!
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iForex Trading Terminal – Top Features
We will be discussing the features of each of these three types of trading platforms in this section.
Web-trading platform
- You do not need to download any software
- You can access it from any mobile, computer, and tablet.
- Lightweight and smooth to handle
- iForex Online Trading Platform is designed for moderate trading volume
- it has a good transaction execution speed
Trading Terminal
- It is superb when it comes to high volume trading
- There are multiple orders feature
- You can access different technical tools. There are multiple charts, indicators that are useful in research analysis.
- The trading terminal is also loaded with different customization options. You can customize the platform as per your need.
- The security and safety of the transaction are well placed.
Mobile Trading Platform
- You can trade when you are outside and don’t have your computer or laptop
- Very fast execution
- You can access all the asset classes using the mobile trading platform
- There are charts and indicators on this platform as well
- You can transact smoothly and safely
- It is easy to handle and user-friendly.
How to Set up an iForex Web Trading Platform?
The setting up process of the iForex Trading Platform is simple.
- First, you need to register yourself with iForex. It is necessary because you need to open a trading account with iForex to access their trading platforms.
- Once the trading account is open, then you receive an email with the password and id of your trading account. Keep that aside and safe.
- Then download the trading platforms – you can download
- Trading terminal from the iForex website
- Access the web-based trading platform from the website as well
- Download the iForex mobile trading app from the Google Playstore.
- Once you have downloaded and installed applications, terminal software, it is time to open the same.
- On opening the software, you will be asked to log in.
- Enter the credentials you got in the email for your trading account, and you are logged in.
- For setting up, you need to customize the platform. You can set different alarms, notifications. You can add certain favorite assets and instruments in the favorites and dashboard and many other options are there.
- Once the trading platforms are set, you can start trading.
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How to Own iForex Online Trading Platform?
To own the iForex Trading Platforms, you need to –
Open Trading Account
- First, you need to open an iForex trading account. For the same, you need to click on this link to open an account.
- Then fill the form and submit
- Upload the documents for verification (eKYC)
- Once everything is verified, the application for a trading account will be approved.
Downloading Trading platforms
- Once you have the trading account, you can download the trading platform
- Download each one of them or any of them according to your requirement and choice of platform
Login
- Use the login credential and login
- And you own the trading platforms of iForex.
Advantages of iForex MetaTrader 5
The advantages that you can have with the iForex MetaTrader 5 –
Super-fast execution:
The most important benefit to any trader that a trading platform can have is the fast execution of orders.
iForex Online Trading Platform executes orders within the blink of an eye.
Ample of instruments:
There are different investment instruments to trade. You can trade all of these across all the three types of trading platforms of iForex.
An abundance of trading tools:
All three types of iForex MetaTrader 5 are loaded with trading tools.
There are charts, indicators, and research resources. You can place different types of orders as well.
High-end security:
Security is one of the main concerns of trading platforms.
As there are monetary transactions involved, you need to choose the most secure platforms.
iForex platforms offer a high level of security for each of their mobile, web-based as well as terminal platforms.
User-friendly and easy:
The trading platforms that iForex offers are not only easy to handle but the UIs are also very user-friendly.
You can use them without any hassle. The instructions, options, functions are pretty clear to understand.
Check out the Online Trading Platform of FOREX Brokers
iForex Trading Platform – Conclusion
iForex Trading Platform is undoubtedly exceptional for all the reasons above. Whether it is about the speed of execution of orders or security, it has it all.
You need to be very particular about which trading platform you require to use. If you are a heavy volume trader, you can also choose the iForex Trading terminal.
For instant trades, a mobile trading platform comes in handy. All of them are feature-rich and help in trading a lot.
iForex Trading Platform – FAQs
Here is the list of iForex trading platforms:
What is the iForex Trading Platform called?
There is no particular name for the iForex Trading Terminal.
All the platforms are known as trading terminals, mobile trading platforms, and web-based platforms.
Does iForex provide Web Trading?
Yes, there is an iForex web Trading Platform. You can access all the asset classes, tools, and other features using this platform as well.
Unlike many web-based platforms which are slow, iForex can execute your order fast.
Web-based platforms require no download so it saves time as well. You can use it across multiple devices.
Is iForex MetaTrader 5 Free to use?
Yes, there is no extra charge for using, downloading the iForex Online Trading Platform. It is free of cost.
You just need to download it from the website/ Playstore or another platform. There are no hidden costs as well.
Once you have an account with iForex, you have the right to access all its platforms for trading.
How to download iForex Trading Terminal?
The process to download the iForex Trading terminal is as follows –
- Visit the iForex website
- You will get the link for downloading the terminal software file
- Click on the download button
- Install the file on your computer and run
- Once it is installed, open it and set it up.
What features does iForex Online Trading Platform have?
The iForex Online Trading Platform has multiple features. Some of the most important ones are –
- Speedy execution
- Heavy security
- High-end technology
- User-friendly interface
- Free of cost
- No hidden charges
- Lots of indicators and charts
- Multiple assets to trade
Can I trade in Shares via the iForex MT5?
You can trade shares using the iForex MT5.
There are shares of different companies that iForex provides for trading.
You can trade any of them using any of the trading platforms of iForex.
Is iForex Trading Terminal good?
Yes, the iForex Trading terminal is superb terminal software. It has a lot of features.
The security measures are too high to crack.
Can iForex Web Trading Platform be used without EKYC?
No, you need to first complete the KYC process online (eKYC) to receive the account login credentials.
Once you have the credentials then only you can log in and start trading using the iForex web Trading Platform.
Does iForex Trading Platform provide Tips?
Yes, it provides useful trading tips for all types of assets to all its clients.
You can rely on these tips and also do your research to cross-check them.
Tips and suggestions are readily available on the trading platforms.
How to Buy Currencies via iForex Web Trading Platform?
You can buy currencies using the iForex Online Trading Platform by selecting the particular currency pair.
Then you need to click on the buy option and you can easily buy the currencies of your choice.
Get Free Access to Platform – Open a Forex Account Now!
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