Instaforex review
Every instaforex client is free to choose a trading platform that can be tailored to their needs.
Top forex bonus list
There are four types of trading platforms available, including instabinary, webifx, metatrader4, and metatrader5. Each platform has advantages and disadvantages. Instaforex also provides video tutorials on how to register on each platform. It aims to make it easy for beginner traders who want to join instaforex. Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Instaforex review
Trustpilot
Instaforex is a well-established broker since 2007. Instaforex has a headquarter in russian federation. It is are generally well-suited for instaforex to provide their forex/CFD trading services to global clients.
Simple yet detailed information upon this broker can be seen below.
Company information
Country
russian federation
Features
Interest rate on funds
Islamic accounts available
Account information
This broker offers insta.Standard, insta.Eurica, cent.Standard and cent.Eurica. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by instaforex is up to 1:1000. Meanwhile, you can open an account with a starting capital of $1
If you want to look for further information about this broker's offered account(s), please take a look at the list below.
Minimum position 0.01 lot
Overnight interest rates (swaps)
Instruments traded
Besides lots of currency pair, instaforex also offers some instruments you would like to trade on, such as forex, gold & silver, CFD, binary options and cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Cryptocurrencies
1:3
Minimum position 0.01 lot
Overnight interest rates (swaps)
Instruments traded
Besides lots of currency pair, instaforex also offers some instruments you would like to trade on, such as forex, gold & silver, CFD, binary options and cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Cryptocurrencies
1:3
Minimum position 0.0001 lot
Overnight interest rates (swaps)
Instruments traded
Besides lots of currency pair, instaforex also offers some instruments you would like to trade on, such as forex, gold & silver, CFD, binary options and cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Cryptocurrencies
1:3
Minimum position 0.0001 lot
Overnight interest rates (swaps)
Instruments traded
Besides lots of currency pair, instaforex also offers some instruments you would like to trade on, such as forex, gold & silver, CFD, binary options and cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Cryptocurrencies
1:3
Payment methods
Bitcoin : as a payment method, bitcoin is reliable for its low cost and quick process. Brokers have been integrating bitcoin as one of their funding methods especially after the cryptocurrency's rise in popularity. Now, traders who have digital wallets can easily transfer their funds to and from their trading accounts.
Neteller : like paypal, neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept neteller as a payment method for their clients' fund deposit and withdrawal. Although the neteller system is available almost all over the world, it remains particularly popular in europe.
Skrill : mostly, all forex brokers provide skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a skrill e-wallet account.
Wire transfer : wire transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.
Instaforex also provides payment with alipay, credit/debit cards, litecoin, SOFORT, tether (USDT) and unionpay
Trading platforms
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Hereby, instaforex offers you metatrader 4 and metatrader 5.
Customer support
Do you have any question or find any trouble related to instaforex? If you do, you should reach instaforex's support to get the information that you need. Here is the detail of the broker's customer support:
Extensive review
Instaforex is an international broker that provides trading services to traders globally. Since it was founded in 2007, instaforex offers clients from various countries as many as 7 million traders. Based in kaliningrad, russia, instaforex always attempts to improve the quality of the company in order to captivate the hearts of their clients.
Their hard work can be proven, one of which is by achieving a variety of awards, including best forex cryptocurrency trading platform 2018 by UK forex awards, best ECN broker asia 2018 by IBM, forex broker of the year for eastern europe 2018 according to le fonti awards, development, and success award at financial olympus 2016-2017, etc.
There are 4 types of account offered by instaforex representing a universal trading tool that help to work on international financial markets, such as insta.Standard, insta.Eurica, cent.Standard, dan cent.Eurica. Trading account types differ by the methods of accounting spreads and commissions, which are picked by the trader opening an account.
Insta.Standard account is relevant for standard trading terms on the forex market and allows a trade to be settled with classical spread and with no fees. Traders will be charged a fixed spread every time they make a transaction. Spreads that are provided ranging from 3-7 pips. The main advantage of this type of accounts is its universality, as a trader can change the trading leverage and work with a deposit size convenient for traders.
Different from insta.Standard accounts, insta.Eurica accounts do not require payment of any spread on opening a deal. Therefore, this type of instaforex account is suitable for beginner trader with a minimum transaction of 0.01 lots.
There are also other types of accounts instaforex, namely cent.Standard and cent.Eurica which can be used for beginner traders because they can use the minimum transaction volume, which is 0.0001 lots (the cost per lot is USD0.1 cent). Deposit currencies that can be used by traders are EUR and USD (for all types of accounts).
Instaforex provides many variants of leverage, which gives traders a big chance to get more profit. Clients are provided with leverage between 1:1 to 1:1,000. With a minimum initial deposit requirement of only USD1 (for all types of accounts), instaforex clients have the opportunity to get a 30% to 100% deposit bonus.
Not only that, but beginner traders are also exempt from confusion in determining forex trading strategies. Because instaforex provides forexcopy services that allow traders to copy orders from professional traders in just a few minutes.
And then, there are around 300 trading instruments offered by instaforex for traders. In addition to currency pairs, there are also futures, shares, gold, silver, cfds, bitcoin, and others.
Every instaforex client is free to choose a trading platform that can be tailored to their needs. There are four types of trading platforms available, including instabinary, webifx, metatrader4, and metatrader5. Each platform has advantages and disadvantages. Instaforex also provides video tutorials on how to register on each platform. It aims to make it easy for beginner traders who want to join instaforex.
If a trader still confused after seeing the video tutorials, traders can contact customer service available 24 hours connected to various social media, including email, skype, whatsapp, telegram, viber, twitter, and phone call. On the instaforex website, there are around 30 languages provided to facilitate traders from various countries.
The trader can also help themselves with trading calculators provided on the instaforex website. Traders can accumulate currency pairs, leverage, volume, and currency used.
The payment system in instaforex is also diverse. Traders can pay deposits via visa, mastercard, skrill, neteller, payco, as well as wire transfer. All in all, instaforex is a rounded broker for many types of traders.
Instaforex UK review 2021
instaforex provide forex, cfds, stock and cryptocurrency trading. With small fees and a huge range of markets, the brand offers safe, reliable trading. | ||
Instaforex provide forex, cfds, stock and cryptocurrency trading. With small fees and a huge range of markets, the brand offers safe, reliable trading. |
Instaforex is a multiple award-winning broker that provides access to currency pairs, cfds on commodities, indices, stocks, cryptocurrencies, metals. Instaforex allows traders to use the metatrader4 trading platform, but unfortunately not metatrader5 at this point.
Instaforex also gives traders access to 5 cryptocurrencies: BCH, BTC, ETH, LTC and XRP.
Instaforex summary
Instaforex provide forex, cfds, stock and cryptocurrency trading. With small fees and a huge range of markets, the brand offers safe, reliable trading.
Ratings
CFD trading
FTSE spread | 0 (€5 fee) |
---|---|
GBPUSD spread | av. Floating 0.8 |
oil spread | €40 per lot |
stocks spread | 0.1% var (average) |
Forex trading
Offering a range of accounts, including ECN, instaforex can reduce average spreads to just 0.8 pips. The range of pairs offered is also among the largest of any broker.
GBPUSD spread | av. Floating 0.8 |
---|---|
EURUSD spread | av. Floating 0.8 |
EURGBP spread | av. Floating 0.8 |
assets | 200+ |
Cryptocurrency trading
Instaforex offer crypto trading on 5 leadings currencies with very low fees, plus cryptocurrency cfds. Leverage is 1:2 for eu traders.
Spread | BTC 1%, ETH 1% |
---|---|
coins | BCH, BTC, ETH, LTC, XRP |
Payment methods
Instaforex accepts the following payment methods:
- Skrill
- Sofort
- Yandex money
- Mastercard
- Perfect money
- BPAY
Awards
Instaforex is an award-winning broker, with 2 awards received so far.
- The best forex cryptocurrency trading platform 2018 by UK forex awards
- Most active broker in asia 2020 by atoz markets forex awards
Instaforex vs other brokers
If you want to compare instaforex with other brokers, use the detailed comparisons below.
Instaforex review – is it a scam or legit broker (2021)
In this instaforex review, we are going to take a look at the offer that this broker prepared for its traders. Instaforex is regulated by the cysec in cyprus. Instaforex operates on the financial market since 1995. When it comes to trading platforms, the broker features webtrader. The instaforex minimum deposit is 1 USD.
Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.
Basic information from this instaforex review
website address: | instaforex.Com (.Eu) |
operated by: | instaforex group |
licensed and authorised by regulatory bodies: | cysec BVI FSC |
supported languages: | english, german, spanish, french, italian and portuguese |
customer support available via: | E-mail, phone, live-chat |
contact details: | [email protected] +443300109336 |
available deposit methods: | bank transfer, VISA, mastercard, alipay, american express, bitcoin, diners club, JCB, litecoin, local bank deposits, local bank transfers, payco, unionpay, wechatpay |
available withdrawal methods: | bank transfer, VISA, mastercard, alipay, american express, bitcoin, diners club, JCB, litecoin, local bank deposits, local bank transfers, payco, unionpay, wechatpay |
minimum deposit: | 1 USD |
min. Trade in lots: | 0.01 |
spreads: | typical spread on the currency pair EUR/USD - 2,0 pips * on standard account type |
tradable assets: |
The maximum available leverage can be limited by local financial regulators or by international regulations, in such case, the displayed maximum leverage may not match the leverage you can actually trade with.
For instance, in the european union, the financial regulator ESMA restricts the maximum available leverage to 1:30 when trading major currency pairs, 1:20 when trading minor pairs and commodities and 1:2 when trading cryptocurrencies. Similar restrictions apply in australia and possibly in other jurisdictions.
Instaforex fees (typical spreads)
We have scanned fees (typical spreads) that instaforex charges when trading popular currency pairs, here is their breakdown in pips.
*typical spreads were recorded on 17.01.2020 at 21:21 for the standard account. Instaforex spreads in the table above serve as illustrative examples only as they for instance, may change according to the market conditions.
Random reviews of competing FX & CFD brokers: ixsecurities, LCG, idealing and poloniex
Frequently asked questions
is instaforex a scam?
Instaforex is a broker licensed and regulated by the cysec and BVI FSC. While regulation gives to brokers much needed credibility, it still does not mean every regulated broker is honest. In order to be sure that instaforex is not a scam, read our trader reviews and check other popular trading related websites and forums.
what is the instaforex minimum deposit?
In order to start trading with instaforex, you have to deposit at least 1 USD.
what deposit and withdrawal methods instaforex supports?
⚖️ would you recommend me choosing instaforex?
We don’t have our own personal experience with instaforex. However, because the broker is regulated by the cysec and BVI FSC, there is a high chance that it is not a scam. With that being said, it still does not mean that instaforex is the best option, as there are also hundreds of other regulated brokers with similar or even better trading conditions.
Should you be looking for a highly reliable broker featuring forex trading and cfds, you can get your hands on our marketing broker IQ option – 85% of retail CFD accounts lose money , which is a cysec regulated company that allows trading from as little as $10 and charges highly competitive fees on all assets.
Cfds are complex instruments and come with a high risk of losing money rapidly due to leverage.
Between 74-89% of retail investor accounts lose money when trading cfds. You should consider whether you can afford to take the high risk of losing your money.
¹ variable spreads, spreads recorded for the EUR/USD on 05.10.2020 at 11:42 GMT.
Tradingbeasts helps individual traders learn how to responsibly trade binary options and cfds. We actively trade, publish educational articles and news. We verify and compare brokerage companies and warn our readers about suspicious projects or scam marketing campaigns. We are also a community of traders that support each other on our daily trading journey.
Disclaimer/disclosure
All information on this website represent subjective views of the authors and they are solely informational. We do not give investment advice. The operator of the website or the authors of the articles do not bear any responsibility for any decisions that visitors may make after reading articles published on the tradingbeasts website. When you trade binary options or cfds products you are exposed to a high risk of loss. We review and rate companies offering trading platforms for binary options and cfds. We do our best to warn people about scams and promote only companies we personally consider to be very good. From some of these companies, we may receive compensation. In order for you to use this website in any manner, please read our disclaimer/disclosure page and privacy policy
Instaforex review
Editors summary
Instaforex has a history dating back to 2007 and while some brokers remain static, this one has always moved forward. It has always reacted appropriately to the changing economic and regulatory needs of clients, hence the decision to ‘split’ into two entities. For anyone, in any part of the world, the instaforex brand is one to add to your shortlist of brokers. We rarely get to review a broker that has so much to offer to its clients.
Risk warning: the products offered by the companies listed on this website carry a high level of risk and can result in the loss of all your funds. You should never risk money that you cannot afford to lose.
Ad disclosure: some of the links that you will find on this website are advertisements for which we do receive financial gain for referring new customers.
Introduction
The instaforex brand was launched in 2007 and has since become one of the world’s most popular forex brokers, boasting over 7 million clients across the globe. As times have changed, so has this broker and traders can now enjoy either of the two main location-defined versions. Instaforex.Com operates under st. Vincent licensing and services asia and the US, while instaforex.Eu looks after the UK and europe licensed and regulated by cysec.
In the majority of ways, both operations are very similar and the split came about because of the diverse regulations surrounding forex in different parts of the world. For you as a trader, the result is that you can trade securely and legitimately from virtually anywhere in the world as well as being confident that your forex trading is legal and your money is safe.
Part of the work we do is to examine brokers carefully and to rate them on a whole host of factors. Our review panel consists of experts, with many years of trading experience between them, who systematically check and test brokers. We then make that information available, good or bad, saving you a great deal of time sifting through a list yourself.
Account types
The type of account you open with a broker will depend on two main factors: your level of experience as a trader and the volume of trading you are likely to do. Instaforex has made your choice easy by offering accounts to suit almost everyone.
Insta standard account
One of the two mainstay accounts available to any trader in the world, the standard account operates on a zero-fee basis, with traders paying according to the spread and value of the trade. This account is the most flexible in terms of trade value and leverage, meaning you can place a trade for as little as $1(multiple currency units are available, we have used $ for simplicity).
Insta eurica account
The eurica will appeal to those of you who prefer to pay a fixed fee per trade, which of course saves you the trouble of calculating spreads. The eurica is understandably one of the most popular accounts offered by instaforex because of the notably low commission rates of just 0.2% to 0.7% for most forex pairs.
Cent standard / cent eurica account (instaforex.Com users only)
As suggested by their names, these are ‘mini’ versions of the account types we described above. Both are suited to beginners or those of you who prefer a minimal investment approach to your forex trading. Micro trades are available from as little as 0.0001 of the market lot.
ECN trading account (instaforex.Eu users only)
Suited to the mid-range trader, this account is commission-free, with traders paying a ‘floating spread’ value with an average of 1.2 pips. The account is flexible in terms of the ability for traders to adjust the deposit amount and leverage. Still, it should be noted that trades are subject to ‘market execution’ meaning that they open at the market price, not the price at the time of placing the order.
ECN pro trading account
This account is designed for the real trading pros amongst you. Minimum trade value is $1000, the main benefit being that the average floating spread reduces to 0.8 pips. Again, this account uses market execution values.
Scalping account
Instaforex has devised the scalping account for those of you who enjoy placing multiple short-term trades with a small profits margin. The majority of traders who employ EA software will appreciate this account, which has the same features as the ECN accounts but is set up especially for scalpers, complete with very competitive floating spreads.
Trade features and payouts
What can you expect from trading with instaforex in terms of payouts, leverage and other trading features?
Leverage
Instaforex has been obliged to cap leverage for the UK and european market as a result of ESMA regulations. At the time of writing, the caps for forex trading stand at 30:1 for major currency pairs and 20:1 for minor pairs. For the rest of the world, leverage of up to 1000:1 is available for specific account and trade types. There is plenty of educational material on your relevant instaforex website to clarify this.
Spreads
The spread you see on your instaforex trading platform will be different depending on the type of account you use. The visible spread for fee-based accounts will show as 0, but for commission-based options, it is variable according to the terms of your as well as the specific forex currency pair you are looking at.
Stop loss
There are certain features that every forex trader needs to have an in-depth understanding of, and ‘stop-loss’ is one of those. With a stop-loss put in place, your trade will close automatically if the price falls below the point you select, vital to both your trading strategy and to protect your investment. This is a feature that you can activate on your trading platform and does not even require you to be online for it to come into force.
Platform types
Instaforex only uses the MT4 (metatrader 4) platform. After all. MT4 was developed specifically for trading forex and it is generally considered by the forex community to be one of the best in the world. Over the years the broker has added unique tweaks to its version of the MT4 platform and you will be pleasantly surprised to find that they are included for all traders free of charge.
Bonuses and promotions
Due to the ESMA regulations currently in place instaforex.Eu clients are not offered any bonuses or promotions. For clients registered with instaforex.Com, there is a whole variety of privileges available.
These vary from 30% to 100% depending on the T&cs applied to them, the account selected and the amount of trading quarterly. Again, there is much information related to this subject, so please refer to the broker’s website for full details.
Mobile trading
As you would expect judging from the quality of the main instaforex websites, the mobile alternatives available are particularly good as well. Apps are available to suit a variety of operating systems, including ios, android and windows mobile all apps can be downloaded directly from the broker’s website, from app stores or even via a QR code if preferred.
All apps are full-featured and as such, require an up to date operating system: android 4.0 or above and ios 4.0 or above. Both also feature the ability to optimise the screen size for your device and so are ideal for both tablet and smartphone usage. A robust internet connection is essential to make the most of features such as forex TV or the video chat facility.
The customer support offering from instaforex has to be one of the best we have ever seen.
Deposits and withdrawals
As you would expect, instaforex clients can fund their accounts with multiple deposit methods. All of the usual global options like mastercard or visa, bank transfer, skrill and neteller are available, as is bitcoin. Instaforex also supports numerous ‘local’ payment methods appropriate to individual countries. There are far too many to detail here, but the information is easy to access from either of the instaforex portals.
While depositing funds is free of charge across the board, withdrawals do attract a processing fee. The amount varies depending on your funding method and the amount being withdrawn, but it is levied on a percentage basis with a minimum of 1% or $1, whichever is the higher. With so many payment options available, we recommend that you check the details for your preferred method in advance.
Deposits and withdrawals are fast and easy and the broker advertises instant deposits and withdrawals on the next working day. From a security perspective, you must use the same method to withdraw as the one you used to fund your trading account and be ready with various forms of ID as instaforex takes verification very seriously.
Special features
It is difficult to know where to start with the unique features on offer from instaforex as there are so many! The ones in our bullet list are just a few of our favourites:
Forex TV tutorials/webcasts online trading training games and entertainment A ridiculous amount of faqs
We were particularly impressed with forex TV, which has featured webcasts and up-to-the-minute headlines. We are confident you will find that it is a beneficial source of information for your trading activities.
Another of our favourites was the instaforex blog, which is compiled in a unique way complete with jokes, entertaining caricatures and light-hearted articles, but still providing plenty of valuable context for traders of all levels.
Customer support
We always like to judge brokers from a ‘client experience’ perspective rather than just the nuts and bolts of making contact. We cannot say other than both instaforex portals tick all of the right boxes, from taking your first look at the website through to answering any queries you may have.
Instaforex provides more ways to get in touch than any other broker we have reviewed. As well as the expected e-mail and phone options, there is also skype, telegram, whatsapp and all popular social media channels. Support is available continuously throughout the forex market opening hours and is broken down country by country, so you will always be able to communicate with someone that speaks your language.
As for the customer support staff themselves, they are friendly, knowledgeable and we have found that they will deal with your enquiry in just the same way whether you have a demo account or are making $1000 trades.
We want to help our readers in any way we can, but sometimes it's better to talk directly with your investing site to get the answers you need. For example if you have a specific query about your account you'll need to contact them in person due to security.
Alternatively, if you find that contacting your investing partner isn't working, you can contact us and we will be more than happy to try on your behalf. We have excellent working relationships with many of the sites we list and recommend.
Instaforex
- Email: [email protected]
- Phone: unavailable
- Address: instant trading ltd, 4a pobedy square, kaliningrad passage business center, 610 office, kaliningrad, russia
Conclusion
Instaforex has a history dating back to 2007 and while some brokers remain static, this one has always moved forward. It has always reacted appropriately to the changing economic and regulatory needs of clients, hence the decision to ‘split’ into two entities. No expense has been spared on technology either, and this broker offers exceptionally well-maintained websites and trading apps for any device. Your online security is also ensured with the use of bank-level encryption for all personal and financial data.
The customer support offering from instaforex has to be one of the best we have ever seen. It has an unbelievable amount of different contact methods where you can speak to a ‘real’ person, without delay. We also found trading T&cs more than fair and with a good selection of accounts available to suit all but the most quirky of traders. There is undoubtedly a vast amount of information on the instaforex websites, but they are responsive and straightforward to navigate.
For anyone, in any part of the world, the instaforex brand is one to add to your shortlist of brokers. We rarely get to review a broker that has so much to offer to its clients. In this guide, we have only been able to give you a quick glimpse into the plethora of information and features available to you as an instaforex client.
Our review rating system (more info)
To ensure our readers know how our experts get to their conclusions, we feel it's essential to be transparent about the rating system we use. All our ratings focus on seven key factors which are shown below. Some of these factors carry more weight than others due to their importance. The importance of a factor has ultimately been decided by our readers and years of their feedback.
Instaforex
Top forex brokers
Broker | reviews | min deposit |
octafx | octafx review | $50 |
liteforex | liteforex review | $10 |
XM | XM review | $5 |
avatrade | avatrade review | $100 |
instaforex | instaforex review | $1 |
Instaforex review
Instaforex review
Latest updated information about instaforex
Reviewed broker: instaforex
Location: russia, 260 representative offices around the world
Interesting fact: 400 new traders register with instaforex daily.
Trading instruments: forex, gold and silver, cfds, binary options
Latest awards received by the broker:
Best forex broker central and eastern europe 2020 by international business magazine
Most active broker in asia 2020 by atoz markets forex awards
The best forex broker eastern europe 2019 by international business magazine
Why choose instaforex?
- 300+ trading instruments
- Forexcopy system
- PAMM system
- Cryptocurrency trading
- Binary options
- Deposit bonuses from 30% to 100%
- Market analysis
- Contests
- 7 000 000 clients
- Lamborghini for clients
- Leverage
- Deposit and withdrawal
Instaforex review : platform, social trading and spreads
Trading platform: metatrader 4, metatrader 5, webtrader
Segregated accounts for clients funds: yes
Unlimited forex demo account for free
Instaforex review : accounts, payments methods and trading conditions
Account types: insta.Standard, insta.Eurica, cent.Standard, cent.Eurica
Comparison and review of account types
insta.Standard | insta.Eurica | cent.Standard | cent.Eurica | |
deposit currency | EUR, USD | EUR, USD | USD cents, EUR cents | USD cents, EUR cents |
minimum deposit | 1 USD | 1 USD | 1 USD | 1 USD |
maximum deposit | no limit | no limit | 1000 USD | 1000 USD |
spreads | 3-7 | 0 | 3-7 | 0 |
fee | 0 | 0.03%-0.07% | 0 | 0.03%-0.07% |
minimal trade | 0.01 of the lot | 0.01 of the lot | 0.10 of the lot (equivalent of 0.0001 market lot) | 0.10 of the lot (equivalent of 0.0001 market lot) |
maximal trade | 10000 lots | 10000 lots | 10000 lots | 10000 lots |
leverage | 1:1-1:1000 | 1:1-1:1000 | 1:1-1:1000 | 1:1-1:1000 |
margin for locks | 25% | 25% | 25% | 25% |
margin call | 30% | 30% | 30% | 30% |
stop out | 10% | 10% | 10% | 10% |
interest rate | 5% | 5% | 5% | 5% |
Note: eurica accounts are ECN with 0 spreads and trading fee starting at 0.03%
Islamic swap-free accounts: available
Minimum deposit requirement: $1
Payment methods: rbkmoney, qiwi, skrill, neteller, yandex.Money, Z-payment, visa cards, mastercard cards, bitcoin and bank transfers
There are no limits to withdrawal. You can always request the withdrawal of any remaining amount on your trading account.
Micro forex trade size: 0.0001
Spreads start from 3 pips
Expert advisors: allowed
Maximum leverage up to 1:1,000
Social trading: yes, forexcopy system
Educational material: forex analytics, instaforex TV, training courses, video tutorials
VPS hosting: free for deposits above $5,000
Instaforex review : trading platforms
FEATURES OF MT4
FEATURES OF MT5
- MQL5 – the new generation programming language for designing expert advisors and indicators
- Buy stop limit and sell stop limit orders can now be placed without the help of expert advisors, in order to achieve a double bounce
- Ready-made trading advisors, indicators and scripts available from the in-built online store
OUTSTANDING MULTITERMINAL
Multiterminal allows working with several instaforex trading accounts at once. Multiterminal is an ideal tool for traders who manage accounts of their clients.(account management).
The trading platform runs on the MS windows OS.
INSTABINARY AND WEBIFX
Instabinary and webifx ensure comfortable and successful trading. One of the main advantages of such web platforms is that they do not require any extra plug-in and are compatible with any operating system. A client can trade from any spot in the world. The only condition is access to the internet.
Instaforex review : learning material and latest promotions
100% bonus
55% bonus
30% bonus
Instaforex club bonus
Chancy deposit
Contests: one of the current promotion is “win lamborghini from instaforex”, where traders have a chance to win luxury sports car. The raffle will be held on 20 th december 2020. Traders with account balance above $1,000 are welcome to register. Other contests include: instaforex sniper, great race, real scalping, miss insta 2017, chancy deposit, lucky trader, one million option, rally FX-1, free devices
Instaforex club: offers range of privileged options, special bonuses
Customer support: available 24/7 via email, phone, online chat
How was the rating of instaforex performed compared to other brokers?
This 2020 forex broker review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on instaforex FX broker performance and features.
Overall our online instaforex review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online freshforex or you find inaccurate details instaforex broker review please get in touch with us and the changes will be applied.
Independent rating of forex broker instaforex
What is more, instaforex has services for social trading such as PAMM and forexcopy systems enabling the clients with different knowledge level to earn money on forex. Within the forexcopy system, followers can copy deals of successful traders while traders can get commissions for providing their deals for copying. In the PAMM system, investors can put their funds in a profitable PAMM project and get high returns while traders can attract investments and trade bigger volumes.
Before going live with any broker, traders should find out what advantages and disadvantages a broker has. Instaforex review in the comment section will help traders choose a company to work with.
If it is the first time you choose a broker, first of all, you should pay attention to the service quality, initial deposit, and leverage. Moreover, you should find information about broker's trade turnover and the number of active live accounts, which can tell you whether the company is worth dealing with. The more clients a company has, the higher the quality and security of its service is. More than 7 million traders from all over the world are registered with instaforex.
"social life" of any company is also very important. It demonstrates how often the company takes part in different international and regional events and what it has achieved while operating on forex. Instaforex regularly takes part in international expos and conferences.
Instaforex review sent by the company's clients can help you make the right choice from the huge list of different companies.
If you are an instaforex client, please leave your comment and review of your cooperation with the company. Thus, you will help other traders find worth-while provider of forex services.
You can find reviews sent by instaforex traders with different work experience below. Using these comments, you can choose the most appropriate forex company.
Instaforex review
Trustpilot
Instaforex is a well-established broker since 2007. Instaforex has a headquarter in russian federation. It is are generally well-suited for instaforex to provide their forex/CFD trading services to global clients.
Simple yet detailed information upon this broker can be seen below.
Company information
Country
russian federation
Features
Interest rate on funds
Islamic accounts available
Account information
This broker offers insta.Standard, insta.Eurica, cent.Standard and cent.Eurica. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by instaforex is up to 1:1000. Meanwhile, you can open an account with a starting capital of $1
If you want to look for further information about this broker's offered account(s), please take a look at the list below.
Minimum position 0.01 lot
Overnight interest rates (swaps)
Instruments traded
Besides lots of currency pair, instaforex also offers some instruments you would like to trade on, such as forex, gold & silver, CFD, binary options and cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Cryptocurrencies
1:3
Minimum position 0.01 lot
Overnight interest rates (swaps)
Instruments traded
Besides lots of currency pair, instaforex also offers some instruments you would like to trade on, such as forex, gold & silver, CFD, binary options and cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Cryptocurrencies
1:3
Minimum position 0.0001 lot
Overnight interest rates (swaps)
Instruments traded
Besides lots of currency pair, instaforex also offers some instruments you would like to trade on, such as forex, gold & silver, CFD, binary options and cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Cryptocurrencies
1:3
Minimum position 0.0001 lot
Overnight interest rates (swaps)
Instruments traded
Besides lots of currency pair, instaforex also offers some instruments you would like to trade on, such as forex, gold & silver, CFD, binary options and cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
Cryptocurrencies
1:3
Payment methods
Bitcoin : as a payment method, bitcoin is reliable for its low cost and quick process. Brokers have been integrating bitcoin as one of their funding methods especially after the cryptocurrency's rise in popularity. Now, traders who have digital wallets can easily transfer their funds to and from their trading accounts.
Neteller : like paypal, neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept neteller as a payment method for their clients' fund deposit and withdrawal. Although the neteller system is available almost all over the world, it remains particularly popular in europe.
Skrill : mostly, all forex brokers provide skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a skrill e-wallet account.
Wire transfer : wire transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.
Instaforex also provides payment with alipay, credit/debit cards, litecoin, SOFORT, tether (USDT) and unionpay
Trading platforms
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Hereby, instaforex offers you metatrader 4 and metatrader 5.
Customer support
Do you have any question or find any trouble related to instaforex? If you do, you should reach instaforex's support to get the information that you need. Here is the detail of the broker's customer support:
Extensive review
Instaforex is an international broker that provides trading services to traders globally. Since it was founded in 2007, instaforex offers clients from various countries as many as 7 million traders. Based in kaliningrad, russia, instaforex always attempts to improve the quality of the company in order to captivate the hearts of their clients.
Their hard work can be proven, one of which is by achieving a variety of awards, including best forex cryptocurrency trading platform 2018 by UK forex awards, best ECN broker asia 2018 by IBM, forex broker of the year for eastern europe 2018 according to le fonti awards, development, and success award at financial olympus 2016-2017, etc.
There are 4 types of account offered by instaforex representing a universal trading tool that help to work on international financial markets, such as insta.Standard, insta.Eurica, cent.Standard, dan cent.Eurica. Trading account types differ by the methods of accounting spreads and commissions, which are picked by the trader opening an account.
Insta.Standard account is relevant for standard trading terms on the forex market and allows a trade to be settled with classical spread and with no fees. Traders will be charged a fixed spread every time they make a transaction. Spreads that are provided ranging from 3-7 pips. The main advantage of this type of accounts is its universality, as a trader can change the trading leverage and work with a deposit size convenient for traders.
Different from insta.Standard accounts, insta.Eurica accounts do not require payment of any spread on opening a deal. Therefore, this type of instaforex account is suitable for beginner trader with a minimum transaction of 0.01 lots.
There are also other types of accounts instaforex, namely cent.Standard and cent.Eurica which can be used for beginner traders because they can use the minimum transaction volume, which is 0.0001 lots (the cost per lot is USD0.1 cent). Deposit currencies that can be used by traders are EUR and USD (for all types of accounts).
Instaforex provides many variants of leverage, which gives traders a big chance to get more profit. Clients are provided with leverage between 1:1 to 1:1,000. With a minimum initial deposit requirement of only USD1 (for all types of accounts), instaforex clients have the opportunity to get a 30% to 100% deposit bonus.
Not only that, but beginner traders are also exempt from confusion in determining forex trading strategies. Because instaforex provides forexcopy services that allow traders to copy orders from professional traders in just a few minutes.
And then, there are around 300 trading instruments offered by instaforex for traders. In addition to currency pairs, there are also futures, shares, gold, silver, cfds, bitcoin, and others.
Every instaforex client is free to choose a trading platform that can be tailored to their needs. There are four types of trading platforms available, including instabinary, webifx, metatrader4, and metatrader5. Each platform has advantages and disadvantages. Instaforex also provides video tutorials on how to register on each platform. It aims to make it easy for beginner traders who want to join instaforex.
If a trader still confused after seeing the video tutorials, traders can contact customer service available 24 hours connected to various social media, including email, skype, whatsapp, telegram, viber, twitter, and phone call. On the instaforex website, there are around 30 languages provided to facilitate traders from various countries.
The trader can also help themselves with trading calculators provided on the instaforex website. Traders can accumulate currency pairs, leverage, volume, and currency used.
The payment system in instaforex is also diverse. Traders can pay deposits via visa, mastercard, skrill, neteller, payco, as well as wire transfer. All in all, instaforex is a rounded broker for many types of traders.
Instaforex review: should you trust instaforex?
One look at the instaforex EU and instaforex websites, and you are sure to be impressed by the impressive display of admirable brand ambassadors, professional websites, and presentation of awards.
But can you trust these brokers with your money? We will see in this candid instaforex EU and instaforex review.
We will look deeply at their regulation and assess the red flags. We will check whether the statement ‘top choice of more than 7,000,000 traders’ proudly displayed on the websites is genuine.
If you have already lost money, we can help you recover it. Schedule a free consultation with us.
Instaforex review: an overview
Both instaforex and instaforex EU were launched in 2007. They deal in the trading of cfds, currency pairs, stocks, metals, indices, cryptocurrencies, and commodities. They provide mobile trading apps and metatrader 4 trading platforms.
The brokers offer a demo account for beginners. Experienced traders can choose from various accounts that differ in terms of their accounting spreads and commissions.
Instaforex EU provides five trading accounts. They have no limit to the maximum amount you can deposit:
- Standard
- Eurica
- ECN
- ECN pro
- Scalping
All of instaforex’s trading account options require a minimum deposit of $1.
- Standard
- Eurica
- Standard
- Eurica
Is instaforex EU regulated?
Instaforex EU operates under instant trading EU limited, which is based in cyprus and regulated under license number 266/15 by the cyprus securities and exchange commission.
But regulation by cysec is not a guarantee that you will not lose your money unfairly to the broker, as we will see in this detailed instaforex EU and instaforex review.
There is proof that the broker is not keen on sticking by cysec’s rules.
In a board decision reached on june 2018, instant trading EU limited was fined €130.000 by cysec for non-compliance and failing to act in accordance with its clients’ best interests.
A look at instaforex regulation
Instaforex operates under instant trading limited located in the british virgin islands under license number SIBA/L/14/1082. Both insta service limited and insta global ltd are registered in saint vincent under registration number IBC22945 and IBC24321, respectively.
Can you trust the instaforex regulation?
As shown in the BVI FSC website, instant trading limited is authorized to:
- Arrange deals in investments
- To deal as a principal
- Deal as an agent
- To take custody of non-mutual funds
It would help if you always exercise caution when dealing with brokers registered in an offshore jurisdiction.
Offshore regulators, such as BVI FSC, are attractive to scam forex brokers due to the ease of acquiring a license and the low minimum capital required to set up a business. There are also loose rules regarding maintaining a separate account for customer deposits. For this reason, trading with a BVI-FSC registered broker puts your money at risk.
Let’s illustrate the loose rules by offshore regulators.
Reputable regulators require brokers to disclose to their clients, the risk involved in trading cfds. Instaforex EU, which is regulated by a solid body, discloses this at the bottom of the page.
But there is no risk warning on the instaforex website.
The saint vincent registration is not a green light to operate with the broker, either.
In its website, st vincent and the grenadines financial services authority distances itself from forex trading and cryptocurrency offerings. It clearly states that there is no regulation in place for such practices and cautions members of the public to be careful when engaging in forex and cryptocurrency trading activities.
Here is a screenshot of the warning.
Due to the lack of proper regulation, instaforex has been blacklisted from operating in several countries.
The ontario securities commission issued a warning against instaforex for engaging in business in ontario without proper authorization.
The brazilian comissão de valores mobiliários has also banned instaforex from operating in brazil.
And the bulgarian financial supervision commission has blacklisted instaforex from offering services in the republic of bulgaria.
A major instaforex red flag
Instaforex is known for its contests that come with attractive prizes. And this is one of the traps that scam brokers use to attract clients.
For instance, instaforex has a campaign that has been running from 2019 and will continue until 2022. All a trader needs to do is register for the campaign and top up their account with $1,000, and they get a chance to win a ferrari F8 tributo.
A legitimate broker does not need to attract customers with the promise of luxury gifts. Given that instaforex is not well regulated, this is a tactic aimed at enticing more people to ignore the risk involved in trading with an unregulated broker and get them to invest their money.
The long duration of the campaign further confirms our suspicion. The longer it is, the more money people will invest, with the hope of one day winning the ferrari.
Instaforex also provides a variety of bonuses to encourage more signups.
What the market has to say about instaforex and instaforex EU
Customers have claimed that instaforex does not pay its profits as seen on these two reviews on forex peace army.
These two customers had problems withdrawing their money from instaforex, as seen from their reviews on trustpilot.
Both forex peace army and trustpilot are trusted review websites.
The genuine customer testimonies are enough to conclude this instaforex EU and instaforex review.
They cement cysec’s judgment that instaforex EU does not operate with their customers’ interests at heart. They also prove that the lack of proper regulation by instaforex is aimed at making it easier to defraud customers of their money.
Instaforex EU and instaforex review conclusion: the final verdict
Just because a broker is collaborating with major companies or has proper regulation does not mean it can be trusted. Watch out for the red flags.
Instaforex and instaforex EU are focused on making as much money as they can from their customers using unethical means. While instaforex EU uses its regulation as a way to warm its way into peoples’ pockets, instaforex uses gifts and luxury rewards as bait to get people to invest their money without considering its lack of regulation.
If you have fallen victim to these tricks, we can help you recover your money. Before investing your money with a broker, always carry out proper due diligence. And if something seems out of place, consult with reliable wealth recovery experts first.
Instaforex review: should you trust instaforex?
One look at the instaforex EU and instaforex websites, and you are sure to be impressed by the impressive display of admirable brand ambassadors, professional websites, and presentation of awards.
But can you trust these brokers with your money? We will see in this candid instaforex EU and instaforex review.
We will look deeply at their regulation and assess the red flags. We will check whether the statement ‘top choice of more than 7,000,000 traders’ proudly displayed on the websites is genuine.
If you have already lost money, we can help you recover it. Schedule a free consultation with us.
Instaforex review: an overview
Both instaforex and instaforex EU were launched in 2007. They deal in the trading of cfds, currency pairs, stocks, metals, indices, cryptocurrencies, and commodities. They provide mobile trading apps and metatrader 4 trading platforms.
The brokers offer a demo account for beginners. Experienced traders can choose from various accounts that differ in terms of their accounting spreads and commissions.
Instaforex EU provides five trading accounts. They have no limit to the maximum amount you can deposit:
- Standard
- Eurica
- ECN
- ECN pro
- Scalping
All of instaforex’s trading account options require a minimum deposit of $1.
- Standard
- Eurica
- Standard
- Eurica
Is instaforex EU regulated?
Instaforex EU operates under instant trading EU limited, which is based in cyprus and regulated under license number 266/15 by the cyprus securities and exchange commission.
But regulation by cysec is not a guarantee that you will not lose your money unfairly to the broker, as we will see in this detailed instaforex EU and instaforex review.
There is proof that the broker is not keen on sticking by cysec’s rules.
In a board decision reached on june 2018, instant trading EU limited was fined €130.000 by cysec for non-compliance and failing to act in accordance with its clients’ best interests.
A look at instaforex regulation
Instaforex operates under instant trading limited located in the british virgin islands under license number SIBA/L/14/1082. Both insta service limited and insta global ltd are registered in saint vincent under registration number IBC22945 and IBC24321, respectively.
Can you trust the instaforex regulation?
As shown in the BVI FSC website, instant trading limited is authorized to:
- Arrange deals in investments
- To deal as a principal
- Deal as an agent
- To take custody of non-mutual funds
It would help if you always exercise caution when dealing with brokers registered in an offshore jurisdiction.
Offshore regulators, such as BVI FSC, are attractive to scam forex brokers due to the ease of acquiring a license and the low minimum capital required to set up a business. There are also loose rules regarding maintaining a separate account for customer deposits. For this reason, trading with a BVI-FSC registered broker puts your money at risk.
Let’s illustrate the loose rules by offshore regulators.
Reputable regulators require brokers to disclose to their clients, the risk involved in trading cfds. Instaforex EU, which is regulated by a solid body, discloses this at the bottom of the page.
But there is no risk warning on the instaforex website.
The saint vincent registration is not a green light to operate with the broker, either.
In its website, st vincent and the grenadines financial services authority distances itself from forex trading and cryptocurrency offerings. It clearly states that there is no regulation in place for such practices and cautions members of the public to be careful when engaging in forex and cryptocurrency trading activities.
Here is a screenshot of the warning.
Due to the lack of proper regulation, instaforex has been blacklisted from operating in several countries.
The ontario securities commission issued a warning against instaforex for engaging in business in ontario without proper authorization.
The brazilian comissão de valores mobiliários has also banned instaforex from operating in brazil.
And the bulgarian financial supervision commission has blacklisted instaforex from offering services in the republic of bulgaria.
A major instaforex red flag
Instaforex is known for its contests that come with attractive prizes. And this is one of the traps that scam brokers use to attract clients.
For instance, instaforex has a campaign that has been running from 2019 and will continue until 2022. All a trader needs to do is register for the campaign and top up their account with $1,000, and they get a chance to win a ferrari F8 tributo.
A legitimate broker does not need to attract customers with the promise of luxury gifts. Given that instaforex is not well regulated, this is a tactic aimed at enticing more people to ignore the risk involved in trading with an unregulated broker and get them to invest their money.
The long duration of the campaign further confirms our suspicion. The longer it is, the more money people will invest, with the hope of one day winning the ferrari.
Instaforex also provides a variety of bonuses to encourage more signups.
What the market has to say about instaforex and instaforex EU
Customers have claimed that instaforex does not pay its profits as seen on these two reviews on forex peace army.
These two customers had problems withdrawing their money from instaforex, as seen from their reviews on trustpilot.
Both forex peace army and trustpilot are trusted review websites.
The genuine customer testimonies are enough to conclude this instaforex EU and instaforex review.
They cement cysec’s judgment that instaforex EU does not operate with their customers’ interests at heart. They also prove that the lack of proper regulation by instaforex is aimed at making it easier to defraud customers of their money.
Instaforex EU and instaforex review conclusion: the final verdict
Just because a broker is collaborating with major companies or has proper regulation does not mean it can be trusted. Watch out for the red flags.
Instaforex and instaforex EU are focused on making as much money as they can from their customers using unethical means. While instaforex EU uses its regulation as a way to warm its way into peoples’ pockets, instaforex uses gifts and luxury rewards as bait to get people to invest their money without considering its lack of regulation.
If you have fallen victim to these tricks, we can help you recover your money. Before investing your money with a broker, always carry out proper due diligence. And if something seems out of place, consult with reliable wealth recovery experts first.
So, let's see, what we have: instaforex is an established broker since 2007 and has been licensed by . With a minimum deposit of 1 and fixed spread, is instaforex a good broker for you? Find out more here. At instaforex review
Contents
- Top forex bonus list
- Instaforex review
- Company information
- Features
- Account information
- Instruments traded
- Instruments traded
- Instruments traded
- Instruments traded
- Payment methods
- Trading platforms
- Customer support
- Extensive review
- Instaforex UK review 2021
- Instaforex summary
- CFD trading
- Forex trading
- Cryptocurrency trading
- Payment methods
- Awards
- Instaforex vs other brokers
- Instaforex review – is it a scam or legit broker (2021)
- Basic information from this instaforex review
- Instaforex fees (typical spreads)
- Frequently asked questions
- is instaforex a scam?
- what is the instaforex minimum deposit?
- what deposit and withdrawal methods instaforex supports?
- ⚖️ would you recommend me choosing instaforex?
- Instaforex review
- Editors summary
- Introduction
- Account types
- Insta standard account
- Insta eurica account
- Cent standard / cent eurica account (instaforex.Com users only)
- ECN trading account (instaforex.Eu users only)
- ECN pro trading account
- Scalping account
- Trade features and payouts
- Bonuses and promotions
- Mobile trading
- Deposits and withdrawals
- Special features
- Customer support
- Conclusion
- Our review rating system (more info)
- Instaforex
- Instaforex review
- Instaforex review
- Latest updated information about instaforex
- Latest awards received by the broker:
- Best forex broker central and eastern europe 2020 by international business magazine
- Most active broker in asia 2020 by atoz markets forex awards
- The best forex broker eastern europe 2019 by international business magazine
- Why choose instaforex?
- Instaforex review : platform, social trading and spreads
- Instaforex review : accounts, payments methods and trading conditions
- Instaforex review : trading platforms
- Instaforex review : learning material and latest promotions
- 100% bonus
- 55% bonus
- 30% bonus
- Instaforex club bonus
- Chancy deposit
- How was the rating of instaforex performed compared to other brokers?
- Independent rating of forex broker instaforex
- Instaforex review
- Company information
- Features
- Account information
- Instruments traded
- Instruments traded
- Instruments traded
- Instruments traded
- Payment methods
- Trading platforms
- Customer support
- Extensive review
- Instaforex review: should you trust instaforex?
- Instaforex review: an overview
- Is instaforex EU regulated?
- Can you trust the instaforex regulation?
- What the market has to say about instaforex and instaforex EU
- Instaforex EU and instaforex review conclusion: the final verdict
- Instaforex review: should you trust instaforex?
- Instaforex review: an overview
- Is instaforex EU regulated?
- Can you trust the instaforex regulation?
- What the market has to say about instaforex and instaforex EU
- Instaforex EU and instaforex review conclusion: the final verdict
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