InstaForex is the leader when it comes to online forex brokers. They're a leading developer of forex trading solutions with their headquarters in Limassol, Cyprus and they serve clients worldwide. At the moment, there are more than 7 million traders using their services. An impressive figure.
InstaForex's priority is to provide a wide range of high-quality services while at any stage with the best technical solutions, a wide variety of investment opportunities, and other advantages the market provides for the company and its clients. This approach includes comprehensive educational services to all new clients and continuous updating of the knowledge of existing clients.
InstaForex is a reliable broker with a good range of financial instruments and great technology for trading Forex. The platform is easy-to-use and allows you to make trades with just a few clicks. They have several deposit options with very low fees and provide a great analysis section.
Depending on the entity you will trade with, InstaForex conditions are either different. However, fees for some instruments can be high.
Besides being one of the most reliable brokers on the Internet, InstaForex takes a very active part in various worldwide sponsorships or social events.
These guys are associated with some really cool organizations and prominent people. They include Borussia Dortmund (a premier German soccer team), Liverpool FC (a premier English soccer team), Dragon Racing (an American auto racing team that has competed in the 24 Hours of Le Mans and the Daytona 24-hour races), Ole Einar Bjorndalen (an Olympic champion of biathlon), Daria Kasatkina (a tennis star from Russia), and some other very famous and very talented athletes and sports teams.
InstaForex is not a scam. It’s a reliable broker that offers lower-risk forex trading with its platform and regulations.
InstaForex, operating through several licenses in several jurisdictions, guarantees its compliance to international protective laws and coverage of traders. INSTANT FOREX TRADING EUROPE LTD is fully licensed by CySEC, the European Financial Supervisory Authority which conducts operational standards for financial investment firms within the European Union.
There are two important licenses you need to trade Forex legally. The main license is issued by the major regulatory body known as the "Financial Services Commission" (FSC). In addition, there is another license issued by the offshore location where the broker maintains its headquarters and registers the main license. This second license is issued by the country’s financial regulator in the offshore location. Their other license is registered by St. Vincent and the Grenadines.
InstaForex is regulated by the financial regulations and has its own license. This allows us to operate under strict rules which includes security & transparency regulations. All client funds are kept in segregated accounts and they participate in compensation schemes to save their funds from any bankruptcy. In addition, they have a safe trading environment on which to trade on.
One of the reasons why InstaForex was able to gain popularity so fast is due to the availability of high leverage. This allows the traders to enjoy significant gains, but at the same time, increases their risk. Leverage is often misunderstood by Forex newbies. In Forex, leverage is measured by a ratio. For example, 1:100 means you would have to deposit only $1,000 to open a position worth $100,000. If the price of a currency pair you are trading moves against you by $5, you will need to use $500 (or 1% of your total trading capital) to protect your position.
So yes, BE CAREFUL when trading with leverage!
The highest possible leverage allowed by law in any given currency pair is dictated by local regulations in the country where the broker is licensed to do business. It is also sometimes influenced by other factors such as the relative strength of the currencies in question.
InstaForex offers a wide choice of trading account types. Regardless of which jurisdiction's laws apply to your company, you will find both the Standard and the Eurica account types available.
If you take out a trading InstaForex account, you'll typically have the default MT4 platform, leverage of 1:200, and USD as your basic currency. Other conditions might depend on your location and regulator.
It's easy to apply for a Demo account. All you have to do is follow the link above and click on 'open demo account', after which you'll be guided through the process. All the money in your demo account comes from forex trading, as Instaforex don't charge our clients commission.
On Standard accounts, spreads are fixed at 3 pips for majors. The Eurica account, on the other hand, offers zero-fee spreads and has all costs already included in the standard commissions paid after the deal is closed.
Furthermore, European entity offers three types of trading accounts: ECN, ECN Pro and Scalping. The first two have very low spreads starting at 0.8 Pips while the last one is for high frequency traders so it has floating spreads following the price movements in cents.
With these accounts, you peg the spread with a value of 0.8 pips starting from the Market execution. If you want to trade through anything less than the cent level without any swaps, it's also available.
| Fees | InstaForex | FXTM | AvaTrade |
| Deposit Fee | No | No | No |
| Withdrawal Fee | No | No | No |
| Inactivity Fee | Yes | Yes | Yes |
| Fee ranking | Low | High | Medium |
InstaForex offers a variety of trading costs (floating spreads) depending on the type of trading platform you use. You can even decide what fee method to use and whether it's spread or commission based. Below you can see a breakdown of InstaForex Spread, as well as how it compares to the spreads offered by other competitive brokers such as FXTM. You might also want to consider rollover fees and overnight fees if your position is not closed at the end of each day. On InstaForex, these costs are -1.15 for short positions on EUR.
| Asset/ Pair | InstaForex Spread | FXTM Spread | AvaTrade Spread |
| EUR/USD Spread | 3 pips | 1.5 pips | 1.3 pips |
| Crude Oil WTI Spread | 5 pips | 9 pips | 3 pips |
| Gold Spread | 1.3 point | 9 | 40 |
| BTC/USD Spread | 75 | 29 | 0.75% |
InstaForex also offers CFD's on several indices, stocks and commodities. These include gold, crude oil, and Bitcoin. As you can see from the table above, InstaForex offers some of the lowest spreads on all the indices, stocks, and commodities when compared to other brokers such as FXTM and AvaTrade.
Also, InstaForex offers Bitcoin and CFD. And guess what? They have one of the lowest spreads on all CFD's. Bitcoin CFD - 1.3 pips Commodity Spreads: One of the best features about InstaForex is their commodity trading platform. It allows you to trade 17 different precious metals, 11 energies, 7 agricultural commodities, and 2 non-agricultural commodities. You can choose from several different start points and leverage levels. They also have several different order types that allow you to execute your trades in a way that suits your style of trading.
As soon as you open an account with InstaForex you will have immediate access to the online account management area where you can find all the money transactions and account management.
InstaForex makes it easy for you to deposit and withdraw money. It offers convenient ways of doing so, including the most common payment methods and some new ones alike:
You don’t need to have a large initial deposit to open an account with InstaForex. In fact, there is no initial minimum deposit amount at all. However, please be aware that certain types of trades (such as pairs) require higher initial margin than others (for example, EUR/USD). So always check what you are going to trade before you start trading.
| InstaForex | Most Other Brokers |
| $0 | $500 |
InstaForex offers many different ways to make deposits and withdrawals. They use Bank Wire Transfers, e-wallets and credit cards. They cover some of the fees for money transfers, but there is always a possibility they will add an extra charge on each payment.
What makes InstaForex great is the fact that they have high execution speed that is backed up by their 10 trading servers with technical safety & multiple trading options.
Instaforex platform is where you can trade from any device with an internet connection. It works on all devices, but desktop version has additional features like charting, order management and backtesting.
They also offer the MT5 and MT4, Multi-Terminal with compatibility with any device.
With InstaForex, you get access to the most comprehensive news feed in the industry with real-time currency updates. You can also get the latest economic data as it becomes available, along with live currency converter. The InstaForex news is updated twice a day, so there’s no need to refresh your browser page to see the new headlines. The currency news is updated once a day, at the end of the trading session.
The charting library is extensive and allows you to create your own technical indicators or just use the ones included. The indicators are easy-to-understand and have an English and metric version. The graphic design of the application is intuitive and does not require any training.
Thus, InstaForex MetaTrader4 is a widely-respected software with a sleek interface and a wide array of inbuilt tools to manage, monitor and analyze your finances.
InstaForex's traders can also trade via the InstaTick Trader platform. It features an easy-to-use, simple and straightforward user interface which enables to capitalize on price movements within a given time frame, at their own convenience.
One of the good things about InstaForex is that they're always looking for new ways to make your trading experience better. They have a very helpful staff with 24/7 customer support, and many hours of free consultations available.
They offer a wide range of educational materials including videos, webinars, educational seminars and the educational platform itself. All these are provided free of charge for their clients.
This is an outstanding online educational tool for all traders, whether they are beginner, intermediate or advanced traders. It provides essential tools for every trader, and it is included with the subscription.
Moreover, InstaForex has created a series of contests & promotions to help traders pursue their goals. Given the possibilities for valuable prizes in both contests and the ability to gain precious experience in the wild over time, beginners stand an excellent chance when they start trading without any background or knowledge. More importantly, a trader can make a profit on price differences by using a demo account and withdrawing real prize money to their live trading account.
For sure, InstaForex is a high-quality broker. It is licensed by the CySEC and has offices in several countries, including Russia, Ukraine, Belarus, Kazakhstan, Israel, Turkey, Vietnam, China, India and many others. Through its affiliated companies, it offers retail and institutional investors a diverse set of trading platforms, including MetaTrader 4, 5, Xtradable, ForexCopy, WebTrader, mobile apps for iOS and Android devices, as well as an innovative web portal. InstaForex also provides individual traders with an easy way to open an account and trade with its cutting-edge copy trading and technology.
Viswanathan Anand, a former World Chess Champion has signed a brand new partnership deal with a Russia-based forex broker InstaForex. Anand will become the new face of the company, and he'll help promote InstaForex trading courses and education for retail and institutional clients. He's truly one of the best teachers on the planet... when it comes to teaching people how to trade successfully.
