InstaForex

 

Legal Company Name
Website https://www.instaforex.com
Year Founded 2013
Offices Locations Cyprus
Regulators EU CySEC License No. 266/15
Broker Type Dealing Desk
Minimum Deposit $500
Maximum Leverage 1000:1
Minimum Spread 1.8 pips
Deposit & Withdrawal
Currency Pairs Unknown
Trading Platform MetaTrader 4, CrowdTrader
Web-based Platforms Yes
Mobile Apps Yes
InstaForex is a forex broker with its headquarters in Russia. It was founded in 2007.  It is an ECN broker and it has received several awards for its exemplary forex services. The awards that it has received include the Best Broker in Asia award and The Best Retail Broker Award.  InstaForex is ideal for all types of traders and including scalpers.

InstaForex account types

InstaForex offers both real and demo accounts. However, there are several types of real accounts from which a trader can choose from. These real account types include cent.Standard, cent.Eurica, insta.Standard and insta.Eurica.

  • The cent.Standard and the cent.Eurica accounts were recently created for the purposes of traders who have smaller amounts to deposit and also those who wish to test their trading strategies with minimum risk levels.  These account types have lots of up to 0.0001 lot. Both the cent.Standard and the cent.Eurica account have the same trading terms as the insta.Standard and insta.Eurica accounts respectively.
  • The insta.Standard account and the insta.Eurica accounts are further subdivided into subtypes of micro account, mini account and standard account. The main difference between the micro, mini and standard sub-types is their minimum allowed deposits.
  • The insta.Standard accounts have classical spreads while the insta.Eurica accounts have zero spreads (NO spreads).

Regulations

InstaForex operates globally and it is licensed to operate in each of the countries where it operates.  Among the many commissions that have licensed it, is the Securities Commission Malaysia so that it can have the permission to offer its forex trading services to the Malaysian people.

InstaForex trading platforms

InstaForex trading platforms are the MT4, MT5, ForexCopy System and an online option for mobile traders.  The ForexCopy system allows forex traders to copy trades from their fellow forex traders who are very successful in forex trading.

Banking options

InstaForex allows its retail forex brokers to use a variety of money transaction methods in depositing and withdrawing money from their InstaForex accounts. The allowed methods of money transaction include the InstaForex debit card, credit cards, bank wire, Skrill, MoneyBookers, and Neteller.

Other instaForex services

  • InstaForex offers a variety of bonuses to its retail traders. These bonuses include: 55% volume bonus, 30% welcome bonus, LFC Partnership bonus on first-time deposit and club bonus for traders with an InstaForex club card (1% for deposits of 500 USD up to 10% for deposits of 15,000 USD)
  • It provides a Client Cabinet to its traders where they can get financial information.

How InstaForex Compares To Other Brokers

InstaForex Vs. HotForex

  InstaForex HotForex
Funding Bank wire, Visa/Mastercard, Skrill, Neteller and many more
Regulated EU CySEC License No. 266/15 FSCA No.46632
Broker Type Dealing Desk ECN/STP
Currency Pairs Unknown 51
Minimum Spread 1.8 pips 0.0 pips
Minimum Deposit $500 $5
Max Leverage 1000:1 1000:1
Expert Review Read review Read review
Visit Website Visit InstaForex Visit HotForex

InstaForex Vs. Etoro

  InstaForex Etoro
Funding Bank wire, Visa/Mastercard, Skrill , Neteller, PayPal
Regulated EU CySEC License No. 266/15 UK FCA Registration No.583263 EU CySEC License No. 109/10
Broker Type Dealing Desk Market Maker
Currency Pairs Unknown 47
Minimum Spread 1.8 pips 2.0 pips
Minimum Deposit $500 $200
Max Leverage 1000:1 400:1
Expert Review Read review Read review
Visit Website Visit InstaForex Visit Etoro

 

Trading Forex and CFDs is not suitable for all investors and comes with a high risk of losing money rapidly due to leverage. 75-90% of retail investors lose money trading these products. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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