What is InstaForex?
InstaForex is a global solution by the top developers. It allows you to trade facilitated by the largest counteragents giving direct access the market.
InstaForex was founded in 2007 with its headquarters located in Limassol (Cyprus). However, it serves clients all over the world and has an impressive number of traders choosing InstaForex.
InstaForex’s general priority is to offer a wide variety of services at all stages of trader. The broker offers a personalized approach to each client, with extensive educational and support services.
InstaForex Pros and Con
InstaForex is a trusted broker that offers a wide range of instruments and excellent technology for Forex trading. The platform is easy to use and InstaForex offers many deposit options with low fees, professional education, and an analysis section.
However, InstaForex terms and conditions can vary depending on which entity you trade with. Additionally, fees for certain instruments might be very high.
Awards
InstaForex also participates in many worldwide sponsorships and social events. InstaForex has had and continues to have several partners, including Borussia Dortmund Liverpool FC FC, Dragon Racing and Dakar Rally. Ole Einar Bjorndalen, the Olympic champion of biathlon, Daria Kasatkina, the rising tennis star, and many other notable athletes and teams.
Is InstaForex a scam or safe?
InstaForex is not fraudulent and is a trusted broker that offers low-risk Forex trading.
Is InstaForex legal?
InstaForex operates under multiple licenses in different jurisdictions. This ensures that it complies with international protection laws and covers traders. Instant Trading EU Ltd has been fully licensed under the CySEC authority in Cyprus. This authority sets operational standards for financial investment companies within Cyprus and Europe.
The broker also serves the main license. Additional entities can be registered in offshore areas in BVIs that are FSC or Saint Vincent and the Grenadines. Although we don’t recommend trading only with offshore brokers, there are additional safety guidelines from Europe that can be followed.
What can you do to be protected?
According to regulations and InstaForex licenses, the broker operates within strict guidelines and adheres to all security and transparency requirements. All client funds are kept separate, with participation in compensation programs in the event of insolvency, and a secure trading environment.
Leverage
InstaForex allows you to trade with fixed leverage. This powerful tool can increase your chances of making quick gains due to the possibility to have multiple account balances in a given number of times. However, you should not use the wrong leverage to different instruments as it could increase your risk of losing.
InstaForex leverage can be determined using a variety of measures, and is first set according to the regional regulations.
- You can open an InstaForex account if you want to trade at higher leverage rates such as 1:1400, HTML500, or even 1:1000. This is possible because InstaForex accounts are managed by global entities that allow for high leverage .
- If you are a European resident or trade with InstaForex’s European entity automatically, you will be subject to ESMA rule. This regulation lowers leverage to 1:30 for Forex instruments and 1:25 spot metals.
Types of accounts
InstaForex has a variety of trading accounts, but regardless of where you are located, Standard and Eurica accounts can be opened for all entities.
The default parameters for the trading InstaForex account include a MT4 platform and leverage of 1:200 (1:30 for European traders), as well as the use of USD as a base currency and USA2 server. These conditions are subject to regulatory obligations of the entity and will be adjusted according to any applicable demands. Please ensure that you verify these as per your residence.
How do I open a Demo Account?
The process of opening a Demo Practise account (also known as Demo) is simple. Follow the link in our InstaForex review to open an account and then proceed to the next step.
Fees
On Standard account costs have fixed spreads of 3 pip on majors, while Eurica accounts offer no spreads and inbuilt their costs into fixed commissions that are paid after a deal has been closed. This means that the Eurica account’s Ask price is equal to the Bid price.
The European entity also offers three additional account types: ECN Pro, ECN Pro, and Scalping. Cents account is also available for swap-free trading and market execution.
Spreads
InstaForex offers a variety of floating spreads, depending on which technology you use. You can choose whether to use spread or commission based on the preferences that you have set up in your account area. Below is a comparison of some popular instruments and InstaForex Spread, as well as comparing fees to another popular broker .
Also, rollover and overnight fee should be considered a cost. This is approximately -1.15 for short positions Eur/Usd, and 0.3 for long positions that are held longer than one day. Keep in mind, however, that Islamic accounts can be set up with swap-free features upon request.
Trade Instruments
InstaForex gives you access to global markets, including ECN trading. It offers access to 107 currency pairs and derivatives of 34 US stocks, CFDs and futures. Binary options are also available.
The trading list is regularly updated by the company, so clients of InstaForex could trade Bitcoin and CFDs via Facebook and Twitter.
Deposits and withdrawals
InstaForex accounts can be opened online. This area allows you to manage all your money transactions.
Deposit Methods
InstaForex offers convenient methods of withdrawing and depositing money. It supports most popular payment methods.
- PayCo,
- Skrill allows you to send Bitcoins
- SoFort,
- B2BinPay
InstaForex minimum deposit
InstaForex has no minimum deposit requirement, so you can start trading even at 1$. You should always verify the instrument you wish to trade as different assets have different requirements.
Withdrawal
InsatForex uses the same deposit and withdrawal options as Bank Wire Transfer. InstaForex charges fees for money transfers. This allows you to avoid paying extra fees.
Trade Platforms
InstaForex’s execution is amazing. It provides fast speeds through 10 trading servers. Technical safety at the bank level is also provided. There are many investment and trading options.
Web Platform
The platform offers the most powerful platform currently available – MT4/MT5, Multiterminal, and compatibility with all devices. InstaForex is one of the first to offer and MT5 platforms to clients. However, MT4 remains the mainstay as the platform offers multiple settlements and allows you to monitor your account activity and get notifications.
Web Platform is accessible via any internet browser. However, for more advanced analysis and drawing tools, we recommend downloading the desktop version.
Desktop Platform
InstaForex MetaTrader4 is an industry-leading program that allows online Forex, CFD, or futures trading and has everything a trader needs to analyze technical markets or monitor financial instruments.
Numerous trading tools bring trading to a higher, more professional level. Free VPS Hosting allows you to trade any strategy using EAs, scalping, or hedging. There are also solutions for Money Managers as well as PAMM accounts, and APIs.
Tick Trades
With the InstaForex InstaTick Trading platform, clients can conduct tick transactions right from their web browsers. This platform allows you to profit from price fluctuations in a specified time frame with ease and convenience. However, it is important to understand how to use this system effectively.
Customer Support
InstaForex offers quality customer service 24/7 via over 260 offices and a trained support team.
Education
InstaForex also supports traders by providing education and analytics. You will find videos, webinars, seminars, and education courses. There will also be comments and analysis on a regular basis about market conditions.
Beginning traders will feel supported and comfortable. This is crucial for trading success. Experienced traders can also benefit from the materials and research tools that are included in a trading platform, or made available online.
Forex Contests
InstaForex also offers a variety of contests and promotions to complement traders. These offer great opportunities to earn valuable prices and provide invaluable experience. A demo account is available for trader to earn price trading and receive real prizes money to live trading accounts.
Conclusion
Final thoughts about InstaForex. Highest quality working according to the international laws. InstaForex has seen rapid technology development and trading tools over its history. traders can find their trading solution through PAMM and ForexCopy systems. This allows them to copy trades and invest without having to spend a lot of time.
InstaForex Summary | |
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InstaForex Details | Information |
Regulators | FSC of BVI |
Country | Russia |
Base Currencies | USD |
Type Of Brokers | ECN, STP |
Trading Platform | MT4, MT5 |
Established Year | 2007 |
Website Language | English, Chinese, Arabic |
US Clients |
InstaForex Spreads | |
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Option | Information |
Minimum Spreads | 0.5 |
Commission | |
Fixed Spreads |
InstaForex Payment & Withdrawal Option | |
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Option | Information |
Acc Funding Methods | Skrill, Perfect Money, Visa Card, Master Card |
Acc Withdrawal Methods | Skrill, Perfect Money, Visa Card, Master Card |
InstaForex Suitable For | |
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Option | Information |
Publicly Traded | |
Beginners | |
Day Trading | |
Weekly Trading | |
Professionals | |
Swing Trading |
InstaForex Trading Account Options | |
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Option | Information |
Maximum Leverage | 1:1000 |
Mini Account | |
VIP Accounts | |
Segregated Accounts | |
Free Demo Accounts | |
Managed Accounts | |
Pro Account | |
Minimum Deposit | $1 |
Islamic Account |
InstaForex Trading Services | |
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Option | Information |
Hedging | |
News Trading | |
Scalping | |
Automated Trading | |
Indices | |
Commodities | |
Forex instruments | |
CFDs | |
ETFs | |
Stocks | |
Bonds | |
Cryptocurrencey | |
Trading Signals | |
Educational Service | |
Copy Tradings |
InstaForex Contact & Support | |
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Option | Information |
Telephone No | +44-800 051 8899 |
support@instaforex.com | |
24 Hours Support | |
Support During Weekends | |
Address | Road Town, Tortola British Virgin Islands, Spetson 23A, Leda Court, Block B, Office B203, 4000 Mesa Geitonia, Limassol, Cyprus. |