Instaforex Broker Reviews and Full Information

What is InstaForex?

InstaForex offers a solution from the most renowned developers around the globe, that allows you to trade that is facilitated by the biggest counteragents offering an immediate access to market.

InstaForex was founded in 2007 and has its headquarters located in Limassol, Cyprus yet is accessible to clients all over the world and the the number of traders that use InstaForex is more than 7 million which is quite an impressive figure.

General InstaForex focus is to offer a broad array of services and ensure that every the trader is treated with respect. Alongside the top technology services, one of the most favorable trading conditions offered by the market along with other benefits InstaForex provides an individual approach to every client through comprehensive education and customer service.

InstaForex The pros and cons

InstaForex is a dependable broker that offers a wide range of instruments and excellent technology in Forex trading. The platform is easy to use and InstaForex offers a variety of deposit options with no cost, as well as an expert education and an analysis section.

However, InstaForex conditions are different dependent on the company that you deal with, as well as the fee for a particular instrument could be excessive.

 

 

10 Points Summary
Headquarters Cyprus
Regulation CySEC, BVI FSC, FSC
Instruments A total of 100 pairs derivatives of over 34 US Stocks CFDs and commodities, futures Tick trades and Cryptocurrencies
Platforms Mt4 WebTrader
Demo Account Free practice account
Minimum deposit 0 $
Spread EUR/USD Between 0.8 to 3 pips.
Base currencies EUR, USD
Education Professional education Tools for analysis and research
Customer Support 24/7

 

 

Awards

In addition, InstaForex takes a actively part in many world-wide sponsorships or social occasions. Some of the past and present members that are part of InstaForex include Borussia Dortmund Liverpool FC, Dragon Racing, Dakar Rally Ole Einar Bjorndalen (Olympic champion of biathlete), Daria Kasatkina (Tennis rising star) as well as other notable sports and athletes.

 

 

Is InstaForex secure or is it a scam?

InstaForex doesn't constitute to be a fraud and is a reliable broker that has a variety of regulations which make it a as less risky Forex brokers for trading.

Is InstaForex legal?

InstaForex is licensed in various jurisdictions, which ensures the compliance with international protection laws and protection of traders. Instant Trading EU Ltd is certified through CySEC, Cyprus authority that sets operational standards for financial institutions within Cyprus and the European zone, respectively.

In addition to the primary licensing, the broker serves other entities operating in offshore zones that are in BVI that are registered with FSC in addition to Saint Vincent and the Grenadines. Although we don't suggest trading exclusively with offshore brokers the regulations of Europe have guidelines to be followed with security precautions.

 

How can you be protected?

So, in accordance with the rules and regulations of the InstaForex license, it is operating with full compliance and strict regulations that include a variety of requirements for transparency and security. Therefore, all client funds are stored in separate accounts, and they also participate in compensation schemes in the event insolvency, and a safe trading environment.

 

Leverage

When trading using InstaForex you can use floating or fixed leverage while this tool can boost your chances of making gains in a timely manner due to the possibility of increase your initial balance by the same amount of time. But remember that the correct leverage should be set for the appropriate instruments as it could increase your risk of losses too.

InstaForex leverage can be determined through various measures and then set based on the requirements of the regulatorsin the area or another.

  • If you'd prefer to operate with more leverage ratios, such as 1:400, 1;500 or even 1:1000, you can start an InstaForex account within their global entity that allows for higher leverage ratios.
  • In the event that you are living in Europe or trade with the European InstaForex, the company that operates automatically, you'll be subject to ESMA regulations which reduced leverage to a maximum ratio of 1:31 for instruments in the Forex market 1:25 on Spot Metals and other instruments.

 

Types of accounts

InstaForex provides a variety of different types of trading accounts regardless of jurisdiction, Standard and Eurica accounts are accessible to any entity.

The default settings of InstaForex's trade InstaForex account are set to an MT4 platform and a leverage 1:200 (1:30 in the case of a European trader) and the usage of the USA2 server, and US dollars as the primary currency. However, these parameters are contingent on the regulatory requirements of the entity and agreed upon in accordance with the applicable requirements So, be sure to confirm these as per the location of your residence.

 

How do I open a Demo Account

It's not a complex process to sign and submit for a practice account, known as a Demo account. It is suggested to start from the beginning. Follow the link for opening an account on our InstaForex review, and proceed with the process of opening.

 

Fees

On Standard accounts, costs include fixed spreads that are 3 pip on majors. Eurica accounts have no spreads and incorporate its costs into fixed commissions that are paid when a deal has been closed. That means, that in this way it is that the Bid price is the same as the Ask price of Eurica accounts.

Furthermore is that the European entity provides three additional accounts: ECN, ECN Pro and Scalping. These accounts are marked by Market execution as well as floating spreads that start from 0.8 pip. In the event you would like to trade using a the cents account and also swap-free trading, it's also available.

 
Fees InstaForex Fees FXTM Fees AvaTrade Fees
Deposit Fee No No No
Fee for Withdrawal No No No
Fee for Inactivity Yes Yes Yes
Fee position Low Average High Average

 

Spreads

InstaForex trading costs offer an array of different floating spreads dependent on the software you are using. Additionally, depending on the preferences you make in your account , there are choices to select the fee option and work on commission or spread basis. Check out the comparison below on most popular instruments as well as InstaForex Spread, and also compare fees with another well-known broker FXTM.

Additionally, you should be aware of the rollover fee or overnight fees as a fee that is around -1.15 for positions that are short that are based on Eur/Usd and 0.3 for long positions, that are held for more than one day. However, keep in mind that Islamic accounts that offer swap-free options are available upon the request of clients and are available for free.

 
Asset/ Pair InstaForex Spread FXTM Spread Spread from AvaTrade
EUR USD Spread 3 pip 1.5 pips 1.3 pip
Crude Oil WTI Spread 5 pip 9 pip 3 pip
Gold Spread 1.3 point 9 40
BTC USD Spread 75 29 0.75%

 

Trading Instruments

The InstaForex offers access to global market, which includes ECN trading with a range of trading instruments. It includes the 107 currency pairs and derivatives of 34 US CFDs on stocks and binary options, futures and binary options and commodities such as Gold as well as Silver.

The company is constantly updating its trading list. Therefore, customers from InstaForex are among the very first to make transactions with Bitcoin along with CFDs through Facebook as well as Twitter.

 

 

Deposits and withdrawals

When you sign up through InstaForex you'll gain access to the online account management where all transaction and administration is handled.

Deposit Methods

InstaForex provides convenient methods to deposit and withdraw money that include the most popular payment methods as well as some well-known ones as well.

  • PayCo,
  • Bitcoin through Skrill,
  • SoFort,
  • B2BinPay

InstaForex minimum deposit

InstaForex has not a minimum investment required at InstaForex that lets you begin even with just 1dollar. Be sure you have checked the instrument you wish to trade, since diverse assets require different margins that must be protected.

InstaForex Minimum deposit is different from other brokers

  InstaForex The majority of other brokers
Minimum Deposit $1 $500

Withdrawal

InsatForex employs the same method as withdrawal and deposit choices are banks Wire Transfer, e-wallets and credit cards. InstaForex includes a few fees in money transactions and offers the possibility of that you do not have to worry about additional costs for transactions.

Trading Platforms

What's great about InstaForex is the execution, which delivers high-speed speeds via 10 trading servers, with technological security on the level of banks and this is in addition to a variety of trading and investment options.

Pros Cons
Trade software for traders that is user-friendly. None
The most well-known MetaTrader 5, 4  
Versions available for Web Mobile, Desktop, and Web trading  
The app is available designed for iOS and Android  
Fee Report  
Languages available in a variety of languages.  

Web Platform

The platform's offering includes the most robust currently accessible platform, MT4 as well as MT5 together with Multiterminal which is compatible with every device. InstaForex was one of the first companies to provide the MT5 platform to their customers but is still based on MT4 as the platform provides a range of settlement options and the capability to be aware of the activity of your account and to receive alerts.

Web Platform offering easy access to any browser on the internet However, for more advanced analysis and drawing tools , we would recommend using the desktop versions.

Desktop Platform

Therefore, InstaForex MetaTrader4 is an industry-leading program that permits trading online Forex, CFD or futures trading and includes everything required by traders to track market technologically.

Many trading tools bring trading to a more professional, level, with Hosting for VPS free and the ability to trade using any strategy or employing EAs, scalping or hedging, as well as options for money managers as well as via the PAMM account or APIs.

Placing order

 

Tick Trades

Customers of InstaForex are also able to perform tick deals directly from using a web browser, with the help of its exclusive InstaTick trading platform. It has a simple interface. this platform lets you benefit from fluctuations in price within the time frame specified with ease and comfort. But, make sure you know how to utilize the system effectively.

 

 

Customer Support

One of the great things that can be found at InstaForex is their 24/7 quality customer support that is available through various service centers, 250 offices, and a well-trained support staff for customers.

 

Education

One of the fundamentals of InstaForex companies is the support of traders with education and data created by experts. You will not only find video tutorials, education courses as well as webinars and seminars, as well as analysis and commentary frequently updated about the current market condition.

It makes traders who are just beginning their journey feel extremely comfortable and at ease as well as it's an essential aspect of trading successful. Traders who are experienced can also benefit from the research and materials that are provided in an online trading platform, or on the internet.

Forex Contests

Additionally, InstaForex developed a assortment of promotions and contests that provide traders with great opportunities to earn important prices, not just a valuable knowledge. Furthermore is that traders is able to make money from the price of trading with the use of a demo account by participating in InstaForex contests, and then receiving real money prizes into the live trading account.

 

 

Conclusion

To conclude, regarding InstaForex we have found the highest standards of quality functioning in line with international law and local regulations. In the course of its history it has seen rapid growth and technological advancement trading tools and overall service to traders of varying degree of experience in trading will find their solution to trading in InstaForex by using PAMM or ForexCopy systems that allow investors traders to copy and invest without having making a decision or trader using any suitable to his own personal strategy.

Summary
Properties Values
Name
Instaforex
Minimum Diposit
$ $1
Leverage
1000:1
Regulation
FSC (British Virgin Islands),CySEC (Cyprus),,,
Headquarters
Russia
Established
2007
Address
Kalingrad, Russia
Platform
,,,ZuluTrade,Myfxbook,MT4 Android,MT5 Mobile,Meta Trader Mobile,,,,,,,
Payment Method
Visa,Mastercard,Wire,Skrill,Neteller,Perfect Money,Webmoney,Bitcoin,Tether USDT,Union Pay,Local bank
Overview
Properties Values
Spreads
0.8 to 3 pips.
Min Position size
0.01
Broker Type
STP (Straight Through Processing),Instant Execution,,,,,,
Account Type
Mini account,Standard,,,
Brokers by Country
US Forex Brokers,,,
Techniques
Scalping Forex Brokers,Hedging Forex Brokers,Automated Trading Brokers,Mobile Trading Brokers,,,
Instruments
Forex Trading Brokers,Gold Trading Brokers,CFD Trading Brokers,Crypto Trading Brokers,Stock Trading Broke,Oil Trading Brokers,Commodity Forex Brokers,Metal Trading Brokers,Indexes Trading Brokers,,,
Account currency
,USD,,USD,,USD,,USD,,USD,,USD,,USD,,USD,,USD,
Tools
Economic Calendar,Charting Software,Pip Calculator,Profit Calculator,,,
Website Languages
en,,,
Support languages
en,,,
Bonus
55%
Reviews Rating
4.7
Withdrawal Fee
None
Trading Signals
Yes
Free Education
Yes
Daily News
Yes
Demo account
Yes
Swapsr
Yes
Pors
1. Trade software for traders that is user-friendly.	
2. The most well-known MetaTrader 5, 4	
3. Versions available for Web Mobile, Desktop, and Web trading	 
4. The app is available designed for iOS and Android	 
5. Fee Report	 
Cors
1. None
Display Analysis
Yes
Serving country
BD,GH,GP,IN,ID,MY,MD,NG,PK,PE,TN,UA,,,
Not Serving country
US,,,
Contests
Yes
Market analysis
Yes
Copy Trading Brokers
Yes
Bitcoin Forex Brokers
Yes
Social trading
Yes
Web trading
Yes
Forex pairs
Yes
CFDs
Yes
Crypto
Yes
Hedging
Yes
PAMM
PAMM,Myfxbook Auto trade,Mql5 signals,,,
Mobile Trading
Yes
Scalping
No
Automated Trading
Yes
Partnership Programs
Yes
Free Phone
+443300109336
Customer Support
24/7
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