- What is InstaForex?
- InstaForex Regulations
- InstaForex Trading Accounts
- Insta Standard
- Insta Eurica
- Cent.Standard and Cent.Eurica account
- Clients Restrictions
- Trading assets
- Spreads and Commissions
- Trading platforms
- MT4 desktop:
- MT4 mobile:
- InstaTick Trader:
- Deposits and withdrawals:
- InstaForex Promotions
- Customer support
- Customer support Details
- Is InstaForex Trustable?
What is InstaForex?
InstaForex is multiple solution for Forex and CFD traders. The broker InstaForex was founded in 2007, it's a Russia-based trading broker InstaForex is a regulated forex broker. The broker is providing a very legit and liquid trading service since it was established. Especially they are top-rated broker in Asia zone.
The company was started its journey in Russia, but today they are ruling all over the world in the forex market, currently, they have 260+ official regional offices and representatives. The main head office located at Mesa Geitonia, Cyprus. InstaForex is offering their services with two parts of their company, InstaForex EU and instaforex.org, the operation two of them are completely different from each other. InstaForex EU is one of the regulated brokers all over the world and they are regulated by Cyprus Securities and Exchange Commission (CySEC) under license number 266/15.
InstaForex EU is fully compliant with the Markets in Financial Instruments Directive 2014/65/EU or MiFID II as well as the EU’s 4th Anti-Money Laundering Directive. As mandated by EU regulation, InstaForex EU participates in the Investor Compensation Fund (CIF). In the event of default, accounts are covered up to a maximum of €20,000.
InstaForex Trading Accounts
The broker InstaForex is offering 4 different types of trading account to its traders, these are Insta Standard, Insta Eurica, Cent Standard, Cent Erica. Let's have a detailed look at accounts.
Insta Standard account designed with all relevant mandatory things as standard trading terms on the live forex trading market account function and there is no fees to pay, while a trader opens a standard account the client needs to pay a fixed spread setting a trade.
Insta Eurica accounts don't require any spread to be paid while a trader opens a trade. To start trading with this account traders need to deposit a minimum amount of $1 where there is no maximum deposit limit for traders. The leverage limit for the account up to 1:1-1:1000. Account trading fee 0.03%-0.07% and there is no spread require.
Cent.Standard and Cent.Eurica account
Cent.Standard and Cent. Eurica account types are developed for beginner traders. These types of accounts are best for learning purposes. Micro Forex is available with a lot volume of 0.0001 of the market lot (the lot price is 0.1 U.S. cents) and allows practicing almost without any risks for deposit. This type of account will suit well those who want to test trading strategies with minimal risks using the trade advantage of 0.0001 lot.
InstaForex is available in the following European countries United Kingdom, Ireland, Switzerland, France, Italy, Germany, Denmark, Norway, Sweden, Poland, Spain, Portugal, Greece, Cyprus, Austria. Also, the broker allows clients from all over the world except China and the United States of America.
InstaForex broker is offering a lot of trading products including Forex, CFDs, shares, bonds, gold, crude oil, silver, and copper, as well as major stock indices such as Dow Jones.
Spreads and Commissions
Spreads and commissions are not higher at InstaForex you can check it from the list below.
- Standard Account – minimum deposit of US Dollar 1, spreads from 3 pips, zero commissions, and leverage of up to 1:1000
- Eurica Account – minimum deposit of US Dollar 1, spreads from 0.0 pips, commissions from 0.03% to 0.07%, and leverage of up to 1:1000.
- Standard Account – minimum deposit of US Dollar 1, spreads from 3 pips (and higher), zero commissions, and leverage of up to 1:1000.
- Eurica Account – minimum deposit of US Dollar 1, spreads from 0.0 pips, commissions from 0.03% – 0.07%, and leverage of up to 1:1000.
There are three different trading platforms are offering by the broker InstaForex these are WebTrader, ??4, and InstaTick Trader. InstaForex WebTrader is designed with three interfaces (classic, dashboard, and chart) user-friendly charts with analytical tools, tick charts, and traders’ positions. By using this InstaForex Web Trader platform traders are eligible to trade with all accounts designed by InstaForex.
The web version of MetaTrader 4 is available fo all over the world and it allows users to trade via any internet browser like Google Chrome, Internet Explorer etc, there is no additional software or tools required to access the platform. InstaForex brings this flexible trading platform for their traders. Traders will get all of the facilities which are available on the MetaTrader 4 web platform.
MetaTrader 4 / MT4 mobile is a unique invention from MetaQuotes corporation. It's a very flexible trading platform for users, traders of InstaForex can use this platform for trading where they can get access to all of the trading equipment.
InstaForex Tick Trades is their own developed trading platform, it's hassle-free trading software for traders because clients don't need to install another plugin for trading, and once you logged in you don't need to do it repeatedly. Also, you don't need to log into your client cabinet for any queries you will get all of the solutions from the Tick Trades.
Deposits and withdrawals:
Traders always loved to join with the broker where they can make deposits and withdraw fluently. If you can deposit and withdraw with various ways it's will help you more to focus in your trading. InstaForex brings multiple solutions for traders where they can deposit with various E-Wallet options and other banking methods. The company allows you to deposit using the following E-Wallets including Neteller, Skrill, and Paygo without paying any fees, you will get the deposit in your account instantly while you are using E-Wallets.
We have found a lot of cryptocurrencies payment method on InstaForex including Bitcoin (BTC), Litecoin (LTC), Tether, Bitcoin Cash, Ethereum, Cardano, Binance Coin, Dash, EOS, Doge Coin, Ripple and NEO. You will be glad to know that you will not be charged for making a deposit while using this cryptocurrency payment method and your account will be credited within 3 hours.
The broker InstaForex also allows local bank transfer where a bank fee available and clients will be credited within 7 days.
Customers of InstaForex can withdraw their money by using any of the above withdrawal methods.
InstaForex is offering various forex deposits, forex no deposit bonuses, every year to keep happy its traders. They are also offering Forex live contests every year with big prize money. There is a monthly demo contest available for traders where each month one winner will be awarded real prize money.
InstaForex announced an amazing $3500 startup no deposit bonus to all new clients. The ultimate risk-free no deposit bonus for new traders.
The company InstaForex is very careful about their customers as a result they are providing 24/7 customer supports to its traders and partners while a lot of other brokers are providing 24/5 customer supports. Already we have specified that there are over 260 offices available all over the world and they are serving their customers from these offices with various native languages.
Customer support Details
E-Mail: [email protected]
Skype: InstaForex Support, ifx.support
WhatsApp for technical issue: +44 7520 665422
Is InstaForex Trustable?
Overall InstaForex is reliable and trusted to the traders, the broker is regulated and following all of the regulatory firm's rules.