InstaForex is a broker with more than 12 years of experience, giving traders the confidence that they trade in a safe and trustworthy environment. This global brand offers its customers forex and CFD trading, allowing them to resort to a number of trading instruments.
The trading brand has earned itself more than 7 million customers worldwide, with many of them appreciating perks like fast order openings, 24/7 support, and a handful of useful functions. The broker is constantly evolving to offer its customer easier and more innovative trading.
InstaForex provides an MT4 trading platform, which is easy to use and allows traders to dive into fast and secure trading. To enable its customers to be always on top of their trading, InstaForex also provides dedicated Android, iOS, and Windows applications. That way even trading on the go is a piece of cake.
Those who are new to trading will have the chance to open demo accounts and learn more about the specifics of successful trading. Once you are ready to trade real money, you will be able to choose from different fast and secure payment solutions for your deposits and withdrawals at InstaForex.
There are multiple reasons why so many traders around the world have chosen to trust InstaForex. One of the many benefits that the broker is offering is a safe and fair trading environment. As it is a global trading brand, InstaForex is properly regulated so that it can offer its services to traders all around the world.
Instant Trading Ltd. is the company that operates InstaForex and it is regulated and licensed by the British Virgin Islands Financial Services Commission. For traders based in European countries, Instant Trading EU Ltd. is licensed by the Cyprus Securities and Exchange Commission. Since Cyprus is a member of the EU, cross-border regulations between EU countries fully apply.
Instant Trading EU Ltd. is also registered with the regulatory bodies in Austria, Bulgaria, Croatia, Czech Republic, Denmark, Estonia, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxemburg, Malta, the Netherlands, Norway, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, and the United Kingdom. The company is part of the Investor Compensation Fund, under the Investment Firms Law of 2002, and the Establishment and Operation of an Investor Compensation Fund. This ensures that customers of the broker can feel safe whenever they are trading real money at InstaForex.
Trading InstrumentsInstaForex offers its customers numerous trading instruments they can make use of and enjoy a successful experience. Among the different assets you can trade, you will find Forex, Commodities, Stocks, Indices, Metal, Oil and Gas, and Cryptocurrencies. You can use the popular MetaTrader platform to trade, allowing you to download its mobile application or enjoy desktop trading. As the name of the broker suggests, this is mainly a Forex trading website, which explains the numerous currency asset options you will be presented as a member of InstaForex.
When it comes to forex trading, this broker will offer a large number of assets to trade. As you head to the Forex section with trading instruments, you will come across over 100 currency pairs you can trade. The spreads are floating, with some exotic currency pairs having higher margins. Members of InstaForex can be pleased to know that the average spread can be reduced to just 0.8 pips. Of course, the spread and leverage will depend on the type of Account you have decided to open as a member of InstaForex.
One of the biggest advantages of trading with InstaForex is that it offers a large number of currency pairs that you can trade. Those include popular pairs like EUR/USD, GBP/USD, USD/CAD as well as a number of exotic pairs like USD/DKK, USD/NOK, USD/ZAR, and many more. The minimum deal size starts from 0.01 pips, while the minimum pip price can begin from $0.01. As for the margin, it starts at $0.10. There is also the opportunity to swap, with both Swap Long and Swap Short available for certain account holders.
If you want to trade stocks, you will be able to do that with any InstaForex account. If you head to the section with stock assets, you will see more than 80 instruments that you can trade. InstaForex is offering its customers the chance to trade the stocks of major US and European companies in the form of CFDs.
Since all of the stocks available at InstaForex are offered as CFDs, this allows traders to make use of leverage and enjoy a profit no matter whether the market enjoys an increase or a drop in shares. The list of instruments includes major reputable companies such as Apple, Walt Disney, and Facebook, to name a few.
The minimum lot size for all CFDs is 0.01 lot, with a minimum margin of $0.10 and leverage for CFD trading 1:5.
Traders will also have the chance to add indices in the form of CFDs to your InstaForex portfolio. Among the instruments you will find under this section, there are SPX500, UK100, DAX30, and other major indices.
No matter which type of account you choose to opt for, the spread for indices is 0, while the leverage is 1:20. The fee per lot for indices is $10. While the Buy-swap for all instruments is -0.1 and the Sell-swap is -0.2, this is not the case with indices. Buy-swap for indices #SPX, #NDU, #COMPQ, and #FTSE is -3%, while the Sell-swap is -1%. The Buy-swap for #DAX is 0.23%, while the Sell-swap is -0.47%.
Precious Metals and Oil
Customers of InstaForex will also have the opportunity to trade with precious metals, including Gold Spot, Silver Spot, Gold Spot (500 oz), and Palladium Spot. Unfortunately, the list of instruments under this category is very limited.
The minimal lot size for metal is 0.01 (1 ounce), while the minimum margin is $0.10. The leverage for gold is 1:20, while the leverage for silver and palladium is 1:10. If you select a metal to trade, you will also see charts with the live price of the precious metal and the current dynamic of the metal’s futures. This will help you make the right decision and pick whether to invest in certain metal on Forex or pass on the opportunity.
You can also trade crude oil or natural gas if you are a customer of InstaForex. The tick cost for both of the commodities is $10 and there is also a commission of $30 that needs to be paid.
As a customer of InstaForex, you will also have the chance to trade a small number of cryptocurrencies. This type of trading is also done in the form of CFDs and allows traders to make use of leverage and they do not need to own the underlying asset. The cryptocurrencies that are offered by InstaForex include Bitcoin Cash, Bitcoin, Ethereum, Litecoin, and Ripple.
InstaForex offers crypto analytics and other types of information that can be useful for those who decide to trade cryptocurrencies. This is definitely not an instrument that is suitable for all types of traders and it is best to trade cryptocurrencies only you are well educated on the specifics of trading this type of asset.
PC / MAC
|MetaTrader 4 Multi Terminal|
InstaForex utilizes the most common trading platform, which is MetaTrader 4. This is why many traders will have an easy experience when they decide to join this broker and start trading. InstaForex offers several popular methods to trade, allowing its customers to pick a platform that will enable them to enjoy a smooth and easy trading experience.
The MetaTrader 4 platform offers various perks that many traders will appreciate. It includes 9 timeframes and provides a number of tools that allow you to do technical analysis. On the MT4 platform, you will also be able to read financial market news that covers the latest changes on forex, stock, and other markets. This can be very helpful as it allows traders to keep track of the assets that are worth trading.
One of the best features of the MT4 platform is the algorithmic (automated) trading. It allows you to develop trading robots and technical indicators that may allow traders very successful trading sessions. In addition to that, the platform also allows numerous free indicators and tools that can be used for forex trading.
The MT4 platform also supports the Trailing Stop feature that can be very useful. These trailing stops are attached to traders’ open positions. To make use of this function, however, you must keep the MT4 platform open.
Many traders enjoy the perks that MT4 is offering as it is also a very secure platform. To protect the data that is transmitted during trading, the platform utilizes 128-bit encryption. The MT4 platform will also allow you to enable the one-click trading function. As the name of the feature suggests, you can quickly make an order without having to go through a secondary confirmation.
You can download the MT4 platform on your desktop device or you can install the dedicated Android/iOS application on your mobile device. Whichever method of trading you prefer, you will always be able to trade in the most convenient time and place.
This type of trading platform is intended for traders who manage several Instaforex accounts at once. If you are a trader who manages the accounts of different investors, you will be able to easily handle different portfolios thanks to the Multiterminal.
This platform’s interface is similar to the MT4 Client Terminal one and it allows traders access to different tools. You can install this software on desktop devices that run on Windows 7 or higher. This platform is extremely easy to use and even those who are new to it will be able to quickly learn how to handle several accounts at once.
The WebTrader platform is suitable for different types of traders and it can run smoothly on all major browsers and operating systems. It supports different languages and just as the downloadable MT4 platform, it grants access to different tools.
The WebTrader offers 9 timeframes and it also supports the one-click trading function. Advanced analysis tools are also available, allowing traders to develop indicators that will help them enjoy successful trading sessions. The browser-based platform is also very secure, utilizing the latest protection software to encrypt the data that is constantly shared by InstaForex users.
|1||1.8% + €0.05||1 day|
|1||1.8% + €0.05||1 day|
To allow traders to handle their funds in the most convenient way, InstaForex accepts various payment methods for both deposits and withdrawals. Most deposit options will impose no surcharges and will allow you to instantly top up your account and start trading right away. One thing you should keep in mind when you request a withdrawal is to use the same currency you did for your deposit. The minimum deposit amount is $1 or the equivalent in another currency. There are no limits on minimum withdrawals as you can always request to cash out any remaining amount in your balance.
You can resort to credit/debit cards issued by Visa and Mastercard and the deposit will be processed within 24 hours. This method is easy to use and secure but it will require providing your card details when you initiate your first deposit. You may choose to save your card information so you do not need to enter the same details every time you make a deposit or request a withdrawal. While InstaForex will not charge any fee for your payments via a credit/debit card, you might want to check the policy of your banking institution as it may impose fees for your payments from and to the broker.
If you do not feel comfortable exposing your card details, you can also resort to another payment option to handle your transactions at InstaForex. The broker supports payments via different e-wallets and you can choose from services such as Neteller, Skrill, Qiwi, Payco, or Yandex.Money. Topping up your account via an e-wallet is a lot faster compared to credit/debit card transactions. Neteller and Payco users will be able to deposit instantly, while Qiwi deposits require about 15 minutes to be processed. Yandex.Money deposits may take up to 3 hours, while Skrill will allow you to top up your account within 24 hours.
It is also possible to resort to bank transfers when you wish to deposit to your InstaForex account or withdraw your funds. This is a very secure method as you will be working with the banking institution you know and trust. You should, however, check with your bank if there will be any commission you need to pay when you use this solution for your payments at InstaForex. Keep in mind that payments via bank transfers are slower and it may take up to 4 days to top up your account.
It is also possible to handle your payments at the broker via cryptocurrencies such as Bitcoin, Litecoin, and Tether. These methods will allow you to deposit within 3 hours and your transactions will not incur any surcharges.
You will have the chance to open either a demo account at InstaForex or create a real-money account if you are experienced in trading. There are several different options for live trading accounts but all of them share several benefits that everyone could enjoy.
No matter the type of account you choose to create with your real money, you will have access to several assets. These include Currencies, Stocks, Indices, Metals, Oil and Gas, Commodities, and Cryptocurrencies. You will also enjoy no limits on maximum deposits and a swap-free option upon request. All types of accounts will also grant access to the MetaTrader 4, Mobile Trader, and WebTrader platforms.
If you are a beginner, InstaForex will still be a great trading broker option for you. It will allow you to open a Demo Account that will enable you to trade with virtual money. You can start trading with virtual $/€100,000 once you set up your Demo Account. It will give you the confidence to trade forex with ease and enjoy many successful trading sessions once you get the knack of forex trading.
The conditions that apply to the Demo Account at InstaForex are very similar to those that apply to the real accounts. The only difference is that you will be trading with virtual money and will not risk any of your real funds. This will give you the needed insight that will help you trade real money later on.
The first type of real account that you can create at InstaForex is called Insta.Standard. It supports deposits in USD, EUR, and GBP. If you opt for this type of account you will have no minimum deposit requirement to meet and you can also enjoy no limit for the maximum amount you can upload to your InstaForex balance.
This account type will incur no fee and you will be able to make use of 280 trading instruments. The minimum spread for the Insta.Standard users is 2, while the minimum trade amounts to 0.01 lots. For deposits over $100,000, the minimum trade amount may be 1 lot. The maximum trade will be 10,000 lots for Instant.Standard users.
The advantages of this account include fixed spreads and no surcharges for forex symbols. All types of trading, including Micro, Mini, and Standard trading will be available for Instant.Standard account holders. The ForexCopy system will also be available, allowing you to copy successful traders and make the same trades as them. Traders who opt for this type of account will also enjoy instant order opening, which is yet another great perk.
This type of account will also allow you to make deposits in USD, EUR, and GBP. Traders who opt for an Insta.Eurica Account will have no minimum for deposits and will enjoy fixed commissions and no spreads for forex symbols. The minimum fee for this type of account is 0.02%, while the minimum and maximum trade are respectively set at 0.01 lots and 10,000 lots.
Those who open an Insta.Eurica Account will have access to all 280 instruments that InstaForex is offering. They will also enjoy instant execution of orders and will have access to Micro, Mini, and Standard Trading. Another advantage that you will enjoy if you resort to this type of account is a bid price that will be the same as the ask price.
The next type of account you can open at InstaForex is ECN. Although it is still a great option for different players, it comes with several restrictions. You will be able to make deposits only in EUR or USD and the least amount you are required to deposit is €100. The minimum spread will be 1.2 but you will not be charged any fees for forex symbols.
The minimum trade amounts to 0.01 lots, while the maximum is capped at 10,000 lots. One downside of this account is that you will not have access to all trading instruments but you will still be able to use 170 of them. These include Forex, Commodities, Metal, Indices, Cryptocurrencies, and CFDs. Traders who opt for this type of account will enjoy market execution of orders, which is one of the most basic types of trade execution.
ECN Pro Account
As the name of this account suggests, it is more suitable for experienced traders. It allows deposits in EUR and USD, with the minimum deposit starting from €1,000. Those who opt for this type of account will enjoy low floating spreads of 0,8 and no fees on forex symbols. Similarly to the other trading accounts, the minimum and maximum trades are established respectively at 0.01 lots and 10,000 lots.
If you decide to open an ECN Pro Account, you will be granted access to 170 trading instruments, including Forex, Commodities, Metals, Indices, Cryptocurrencies, and Stock CFDs. This account offers market execution of orders and the best part is that traders will enjoy VIP customer support.
This is the last type of account that InstaForex is offering its customers. It is suitable for experienced traders and it is best used for short-term deals. If you opt for a Scalping Account, you will be able to top up your balance in EUR or USD. The minimum for deposits is €100 and traders will enjoy floating spreads with the minimum spread starting at 1.2. If you opt for this type of account, you will pay no fee for forex symbols.
For customers who open a Scalping Account, the minimum trade is set at 0.01 lots, while the maximum is established at the amount of 10,000 lots. If you are using this type of trading account, you will be granted access to 170 instruments and will enjoy a market execution of orders.
Whenever you need help with your account or any other aspect of your trading experience at InstaForex, you will be able to contact the support team of the broker and resolve any issue in no time. To fit the preferences of every customer, the brand has made sure that there are various contact options that one can resort to.
If you head to the official website of InstaForex, you will be able to instantly reach a support agent via the Live Chat feature. The broker’s representatives will be available around the clock to help you with any issue you might be experiencing. If the matter is not that urgent or you do not feel like chatting with an agent, you can also send your inquiries via an email at email@example.com if you are based in Europe. For customers who reside in a non-European part of the world, the email address to use is firstname.lastname@example.org.
You can also request a callback by providing your phone number and one of the InstaForex agents will get in touch with you as soon as possible. If you are on the move, you can also try several messaging apps to contact the support team of the broker. You can use Viber, Skype, WhatsApp, Telegram, or Facebook Messenger to speak to a support agent.
It cannot be denied that InstaForex is one of the leading brokers and there is a reason why more than 7 million traders around the world have decided to use its trading platform. Both newbies and expert traders can benefit from the numerous trading instruments that InstaForex is offering. Having enough payment solutions to choose from and being able to solve any issue in no time thanks to the support team are also among the many reasons why so many traders trust InstaForex.