InstaForex Broker Overview
InstaForex is a modern and dynamically developing broker that offers its clients numerous trading opportunities and a wide range of services. It has all the necessary licenses and permissions to provide brokerage services. The InstaForex Broker is headquartered in Cyprus and has an extensive network of 250 local offices all over the world. Further, InstaForex offers over 100 currency pairs, CFDs on stocks, indices, and commodities. Let's get to know more from this InstaForex review.
Founded in 2007, InstaForex is one of the top brokers of the decade, and it is licensed and regulated by the CySEC. To offer a top-notch service, InstaForex offers a variety of account types, while demo account is also accessible by all. The trading asset or instruments includes more than 100 currency pairs, indices, stocks commoditie. InstaForex also offers a variety of bonuses and promotions to its clients.
The company is also licensed by the "Financial Services Commission (FSC) under the Securities and Investment Business Act (SIBA), the British Virgin Islands (BVI)."
InstaForex offers its clients access to the forex market through its online trading platform, MetaTrader 4. In addition to that, the broker offers different other services, such as providing analytical tool, educational materials, and trading signals.
InstaForex Review 2023 Quick Summary
|🗺️ Regulation||Cyprus Securities and Exchange Commission (CySEC)|
|🖥 Platforms||InstaForex MetaTrader 4 Desktop, Web and Mobile (iOS, Android), InstaForex MT5|
|📉 Instruments||Forex, Cryptocurrencies, Indices, Commodities, Metals, Oils, Share|
|💳 Minimum Deposit||$1|
|💰 Deposit Methods||Visa, Master Card, Bitcoin, Litecoin, Tether, Ripple, Neo, Bank Transfer, PayCo, Neteller, AstroPay and more.|
|📱 Mobile Trading||Available|
|🌍 Web Trading||Available|
|💵Minimum Trade Size||0.01|
|🎢 Maximum Leverage||1: 1000|
|☎ Customer Support||24/7|
InstaForex Broker Review: InstaForex Regulations
InstaForex brokerage is regulated by the Cyprus Securities and Exchange Commission (CySEC). Nevertheless, the CySEC is the autonomous financial regulatory authority in Cyprus, which is a member of the European Securities and Markets Authority (ESMA). It was established in 2001 by the Cyprus parliament with the primary objective of regulating and supervising the securities market. The commission is also responsible for the licensing and regulation of investment firms, credit institutions, and other financial services companies. In addition, CySEC oversees the activities of the Cyprus Stock Exchange.
InstaForex Broker Review: Trading Instruments
InstaForex group offers numerous top trading instruments so that the traders can create variation in their portfolio. These include Forex currency pairs, precious metals, CFDs on stocks and indices, and binary options. The variety of assets allows traders to find the most profitable InstaForex trading opportunities and make the most of their investment.
- Forex: You can access 110 currency pairs via different accounts.
- Stocks:Apart from the currency market, you can also trade stocks on InstaForex. You can trade 83 stocks from around the world, including giant companies, such as Apple, Amazon, Boeing, etc.
- Indices: InstaForex indices allows traders to monitor price dynamics and trade the world's most popular stock indices. You will get access to S&P 500, Dow Jones, FTSE 100, and 27 others indices. So, InstaForex will give access to 30 indices in total.
- Metals: InstaForex offers a unique opportunity to trade gold, silver, and other metals through the InstaForex metal instrument. The metal instruments basically allow the traders to speculate on different metal prices, but you don’t need to own or earn them physically.
- Oil and Gas: This is a unique product that allows traders to speculate on the price of oil and gas. The InstaForex Oil and Gas instrument focus on Crude oil, Natural Gas and Heating Oil. You can trade 16 oil and gas instruments using InstaForex MT4.
- Commodity Futures: A commodity is a basic resource used in production, such as grains, livestock, or energy products. The futures are basically the contracts that let the buyer to purchase an asset perhaps the commodity at a predetermined price on a certain date in the future. The InstaForex offers 54 different commodities for its traders.
- Cryptocurrencies: InstaForex cryptocurrency instrument allows traders to speculate on the value of digital currencies. Currently, they are providing 12 crypto instruments to trade, including Bitcoin, Litecoin, Bitcoin Cash, and more.
- InstaFuture: It is a unique instrument that allows you to earn on price fluctuations on different currency pairs. You can speculate on EURUSD weekly and monthly data.
InstaForex Review: Minimum Deposit and Withdrawals
One of the many things that InstaForex is known for is the low minimum deposit requirement. You can start trading with InstaForex with $1, which is significantly lower than most of the other brokers available in the industry. So, it is a great choice for the newbies, who are just starting out forex trading. The low InstaForex minimum deposit also allows you to keep your risk level low, which is another important factor for beginners.
InstaForex offers a variety of deposit and withdrawal methods to its clients, making it easy for them to fund their InstaForex trading accounts. The methods include Visa, Master Card, Bitcoin, Litecoin, Tether, Ripple, Neo, Bank Transfer, PayCo, Neteller, AstroPay and other cryptocurrencies. In addition, InstaForex offers a number of bonuses and promotions for its clients, making it even easier for them to start trading.
Depending on transaction method and location, the InstaForex group may require a few hours to up to 7 days to complete the transaction. The lowest time you can get the transaction done is in 3 hours.
InstaForex is a reliable forex broker that offers its clients competitive trading conditions and fees. They charge a commission from 0.03% – 0.07%, while the spread is 0.0 pips. Most importanttly doesn’t charge a penny for withdrawal or even for the deposit. Further, they also gives the opportunity to trade 0.01 lots minimum and the maximum lot size is 1000 lots.
However, these fees and spread varied on account types. For example, Standard Account offers 3-7 pips and 0.0 for the Eurica InstaForex Trading Account. The commission for the Standard Account is free, and it is 0.03% to 0.07% for the Eurica Account.
InstaForex is a broker that offers a wide range of bonuses to its clients. The bonuses are mainly on deposit. The deposit bonuses are given when a client deposits money into their trading account. The amount of the InstaForex bonus depends on the size of the deposit.
Deposit bonus depends on different conditions. They offer 100%, 55%, 40%, and 30% welcome bonus InstaForex on various conditions. For example, InstaForex investors will get a 100% bonus on their first deposit. However, the company doesn't offer InstaForex no deposit bonus.
InstaForex Broker Trading Platform
InstaForex is a well-known Forex broker that offers its service mainly via MetaTrader 4 platforms to its clients. It is the top forex trading platform used by millions of traders around the world. Nevertheless, the MetaTrader 4 platform is extremely easy to use. And you can get effortless access to numerous features that allow traders initiate and complete trades accurately and profitably.
InstaForex MetaTrader 4
MT4 was designed for desktop and mobile devices, and it has become one of the most popular Forex trading platforms in the world.
With MetaTrader 4, traders can buy and sell currencies, indices, and commodities using real-time charts and technical analysis tools. MetaTrader 4 also includes a built-in news feed and economic calendar to help traders stay informed of market events. The platform is user-friendly and can be customized to meet the specific needs of each trader.
InstaForex MetaTrader 4 Forex Trading Platform kept the modern traders in their mind and they created using modern technology. It supplies all the required tools and features to make the forex and other trading easier as well as profitable.
Moreover, they also provide a few instruments on the InstaForex MT5 platform. But, the InstaForex MT4 is the most convenient one.
MetaTrader 4 mobile has a free application for Android, iPhone, and iPad that allows traders to keep track of the markets on the go. The app offers real-time quotes, charts, and news, as well as the ability to trade currencies, stocks, and indices. MetaTrader 4 mobile also supports automated InstaForex trading systems. With its user-friendly interface, you can easily access all the features of the desktop platform on your mobile device.
MetaTrader 4 web platform is a browser-based platform that allows traders to trade Forex and CFDs from any computer or mobile device with an internet connection. The web platform is a stripped-down version of the desktop platform, which makes it easy to use for beginners. It offers all the features and tools you need to trade Forex and CFDs, including charting, technical analysis, and order management.
InstaForex Account Types
Before the InstaForex account opening, you need to know the account types. InstaForex group offers a choice of five account types, which is more than many other brokers. There are four types of real accounts and one type of InstaForex demo account. Each account type has different spreads, InstaForex leverage, and commission rates.
An InstaForex Standard Account is a type of account that allows traders to have access to all the features of the InstaForex trading platform. Both beginners and experienced traders can easily use this specific account and traders can trade in forex, stocks, indices, and commodities.
Additionally, InstaForex Standard Accounts offer traders the ability to trade in multiple currency pairs as well as CFDs and metals. It also offers multiple trading tools and features, which includes numerous charting tools, technical indicators, and Expert Advisors.
The good thing about the Insta Standard account is there is no limit for a deposit, no fees, a maximum trading lot of 10,000, and offer instant order execution.
If you sign up with Eurica account, you will get all standard account’s benefits. Additionally, you will get 0 spread InstaForex. The fees will be 0.03%-0.07%. Other than that, all the features remain the same.
Instaforex offers a cent trading account which is perfect for novice traders who want to learn how to trade without risking a large sum of money. The cent account let you trade in a small fraction, which makes a lot easier to control your underlying risk. You can also use the cent account to practice your trading strategies before you invest real money. The size of each trade is 1/100th of a standard lot or 1,000 units in cent account. The minimum deposit is $1, and the maximum deposit amount is $1000. The minimum trading lot is 0.1.
InstaForex Cent Account
This account offers all the benefits of the Cent account and but the spread is o, and the fee is 0.03%-0.07%.
InstaForex Broker Tools
InstaForex offers a wide range of powerful tools to help traders succeed in the global currency markets. These include an extensive selection of analytical and technical indicators, powerful trading platforms, and a variety of account types. InstaForex also offers a wide range of educational materials to help traders learn about Forex and improve their trading skills.
It is highly important to stay ahead of the curve in today’s economy. One way to do this is by using economic calendar forex broker tools. These tools allow you to track economic indicators and news that can impact the value of currencies. The economic calendar let you decide when to buy or sell a currency.
InstaForex offer different type of economic calendar and some are totally free to use. But, there are paid economic calendars too.
A VPS is a good choice for traders who want to keep their trading platform running 24 hours a day, seven days a week. InstaForex VPS allows Forex traders to run their InstaForex trading platforms on a remote server, which can provide them with a number of benefits. We all know that a slow or unreliable service can lead to lost opportunities and missed profits. This is where the virtual private server (VPS) hosting can be a huge advantage for forex traders.
Daily Video Analysis
InstaForex regularly provides its clients with video updates on the market situation. The latest market update is dedicated to the review of the events that have been taking place and the prospects for the nearest future. The video starts with a review of the main economic indicators released over the past weeks. Experts have analyzed their impact on different markets and shared their expectations for further development.
Copy Trading InstaForex
InstaForex Copy trading is a form of investment that allows investors to follow the actions of other traders. This type of trading can be used with a variety of financial instruments but is most commonly used with Forex and CFDs. When copy trading, an investor will mirror the trades of another trader, who is often referred to as a "mentor." Mentors have usually experienced traders who have had success in the markets and are willing to share their strategies with others.
InstaForex Review: Research and Education
InstaForex offers its clients an opportunity to improve their trading skills through the company's education features. The education section provide multiple resources, including articles, videos, and webinars. In addition, they provide a free InstaForex demo account that allows traders to practice trading with virtual funds.
In addition to providing an InstaForex trading platform and educational courses, the broker also offers daily market analysis, an economic calendar, and a news section where traders can find information on upcoming events that could affect currency prices.
InstaForex Review: Customer Support
InstaForex provides high-quality customer service. InstaForex traders can receive help with any issue they have from the company's support team. The support team is available 24/7 and is always happy to help. Moreover, the support team is available via phone, email, and live chat. They are highly knowledgeable and can help the traders promptly with any issue they may face. The company has years of a positive reputation as they provide excellent customer service to all, while they also looking for different ways to improve the experience for the traders or clients.
In conclusion, InstaForex is a reliable and reputable broker that has been providing quality services to traders worldwide for over a decade. Their wide range of products and services, coupled with their excellent customer support, makes them a popular choice among traders. So if you are looking for a reliable broker that offers a wide range of products and services, the InstaForex review concludes that the brokerage should be at the top of your list.
Best Forex Brokers By Countries - 2023
Top Rated Online Best Forex Brokers 2023