Frequently Asked Questions
1. How to open a real account?
You have to contract with us to fill the agreement
then start working immediately.
2. Where should I transfer
When all the necessary documents are accepted, you
need to send the deposit to International Financial
Brokerage Company (IFB). You'll be able to select
the method for transferring the money.
3. Can I use the
sub-account as a usual bank account?
No, you can not. The money on the sub-account is
used only as your margin deposit for trading in the
4. Will there be
accumulated interest on the money?
No, (IFB) does not add interest to the money on the
5. How much can I gain if
I start trading in the FOREX market with a minimum
Everything depends on the level of your experience.
Very few professionals reach the level of profit 10
to 20 per cent a month. Most successful traders make
2 to 10 per cent a month. The level of profit
depends on the sum of the margin deposit. It's
sufficient to double or even treble the minimum
deposit within a short period of time, but if the
deposit is average or big, it's practically
impossible to do it. You shouldn't forget that high
profits are proportional to high risks.
6. What are the business
hours of the FOREX market and PRO-FOREX.com?
The working hours of our company coincide
approximately with the working hours of FOREX. We
accept trading orders 24 hours a day from 10:00pm
GMT on Sunday to 9:00pm GMT on Friday except during
red-letter days in Europe or USA.
7. What is the difference
between the work of real and the work of demo
Yes, indeed, there are some differences. The main
difference that is training in the Demo accounts
while you are gaining real money in the real
8. Are there any
limitations for the period of keeping an opened
No, there are not.
9. How to conduct
transactions if access to the Internet is
You can always continue trading via the phone. Our
dealer on duty will take your orders 24 hours a day
from 10:00pm GMT on Sunday to 9:00pm GMT on Friday
except during red-letter days in Europe and USA.
10. How long is the period
of time between sending an inquiry about a quote and
receiving an answer from (IFB) dealer?
Usually a dealer supplies the information in 10 to
20 seconds, if the inquiry was sent through the
Internet. (On a demo account, the delay is 10 to 15
seconds). If the inquiry was made via the phone, the
answer will be given in 5 to 10 seconds.
11. Many brokers give
different quotes in real and demo trading. What
Quotes in real and demo trading are absolutely the
12. How near to the real
price can you set up Stop and Limit orders?
Stop and Limit orders can not be set up nearer than
at 10 pips from the current quote. However, you
should know that if the movement in the market is
strong (this happens very seldom), your level of
Stop or Limit orders and the level on which the
order will be fulfilled may be different.
13. Can I turn to the
dealers of (IFB) for recommendations about my
activities in the FOREX market or about the
situation in the market?
No, you cannot. We do not take any responsibility
for forming your market strategy. We are mediators,
not a consulting company.
14. How many pips are
there in a spread?
A spread in a quiet market contains 5 pips.
15. Why are your quotes
different from the ones given by Reuters or Knight
The quotes you can see on these sites and on many
others are given for information, but the prices you
can see in the windows of our programs are given for
trading; i.e., our company is ready to trade at
these prices at the moment. Dealing prices in the
windows of (IFB) are a more truthful reflection of
the market, because real transactions are being
concluded at these prices at the moment.