Instaforex General Features, Location and Regulation
Reviewed broker: Instaforex
Established in 2007
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 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
WHY CHOOSE Instaforex?
Platform, Social Trading and Spreads
Trading Platform: Metatrader 4, Metatrader 5, Webtrader
Segregated accounts for clients funds: yes
Unlimited Forex Demo Account for Free
Accounts, Payments Methods and Trading Conditions
Account types: Insta.Standard, Insta.Eurica, Cent.Standard, Cent.Eurica
Comparison and Review of Account types
|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|
|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|
|Margin for locks||25%||25%||25%||25%|
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
Minimum trade size: 0.01
Spread types: fixed
Spreads start from 3 pips
Expert advisors: allowed
AMM accounts: available
Maximum leverage up to 1:1,000
One click trading: yes
Automated trading: yes
Social trading: yes, Forexcopy system
Margin call level: 30%
Stop out level: 10%
Currency pairs: 107
Educational material: forex analytics, instaforex TV, training courses, video tutorials
VPS hosting: free for deposits above $5,000
Pattern Graphix: yes
FEATURES OF MT4
- 9 time frames
- Variety of tools for technical analysis
- Online financial market news
- Automated trading
- Locked positions
- Wide choice of free indicators and advisors
- Creating your own indicators and advisors (MQL4)
- High security 128 bit encoding
- One click trading
- Trailing stop
FEATURES OF MT5
- 21 time frames (MT4 only has 9)
- Depth of market (Level II pricing) and contract specifications
- MQL5 – the new generation programming language for designing expert advisors and indicators
- Automated quotes archive
- Advanced set of technical tools
- Fill Policy - a new field in the Order window
- 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
- Expiry dates for pending orders
- Ready-made trading advisors, indicators and scripts available from the in-built online store
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.
Learning Material and Latest Promotions
New Year Promo:
Christmas and New Year is a period of miracles for both adults and children! On the eve of these holidays InstaForex will raffle $8,000 within the Chancy Deposit campaign!
Chancy Deposit is a monthly campaign held by InstaForex that enables traders regardless of their experience and trading results to enlarge their account balance.
Now we will tell you how to participate in the campaign. You need to deposit at least $3,000 to your InstaForex account. Thus, you will automatically become one of the contenders for the main prize.
The month has already begun so hurry to take part in the campaign. Just log in Client Cabinet and make a deposit. The winner will be determined randomly.
Special features: Instaforex broker pays 5% annual interest to its customers at the end of each month.
InstaForex Club Bonus
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 20th 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.