Instaforex offers ECN forex brokerage services with more than half a million customers worldwide today. Every single day over 400 new traders register with Instaforex to take advantage of wide range of trading options, instant customer support, expert consulting services, easiest, transparent and fastest withdrawal process among all brokers in the industry and access to variety of trading tools, signals and market analysis on a daily basis.
During our Instaforex review, we have found out that the broker has more than 250 representative offices around the globe and the broker has received prestigious award titles such as Best Broker in Asia from reputable, recognized sources such as World Finance Wards, CNBS Business Magazine and ShowFX World and Asia exhibitions.
With Instaforex you get to trade with one of the best, dynamic platform available today – MetaTrader 4. The platform makes it possible to execute the trades, receive quotations for major currency pairs, crosses, stock indices and read technical analysis without leaving the platform.
Once you have downloaded MetaTrader 4 to your computer, you can demo trade for unlimited amount of time without depositing or risking your own money. The demo account brings real market environment allowing you to practice your skills and get familiar with the platform functionality before you turn to live trading.
Instaforex offers different types of accounts to meet your requirements, experience and trading styles. No matter which account you choose, you get access to all the available symbols and features of the brokers without exceptions.
The account brings you the standard trading terms and access to all trading instruments with fixed spread settings. The main advantage of this account is the flexible leverage and minimum deposit size of just $1.
This account is suitable for new traders because the pending order is executed the moment the price reaches the requested value and spread equals to zero, so there is no need to calculate spread for positions. You experience the market with simple trading system and still use all the features of the full-power standard account type.
Cent.Standard and Cent.Eurica Accounts
The cent accounts are perfect for beginning traders who just switched from demo account to the real live account. Micro forex is available with the lot volume of 0.0001 of the market lot and allows you to practice with almost no risks.
There is a vast variety of payment methods reviewed from Instaforex. You can make deposits and withdrawals with the following options: Credit Card, Bank Transfer, Perfect Money, Alertpay, Skrill, Paypal, Webmoney, EuroGoldCash, Global Digital Pay transfer, RBK money, Yandex.Money, QIWI.
The beauty of Instaforex is in the fact that you can start with just $1 and work your way up to build an experienced portfolio of a professional trader.
As a new trader, you get a wide variety of Welcome bonuses and existing customers enjoy Loyalty bonuses where cash is automatically given to all live accounts for each closed deal, exciting competitions and mouth-watering raffles of brand new cars (2010 — Hummer H3, 2011 — Lotus Elise, 2012 — Lotus Evora, 2013 — Porshe Cayene).
InstaForex regularly runs different contests and campaigns with the annual prize fund of more than $500,000. Currently, every owner of a trading account can participate in monthly and weekly contests and get a part of the prize pool.
Features and Tools
During Instaforex review, we have found out that the broker offers ForexCopy system, which allows you to follow the trades of another trader in real time mode. Once you have found a trader you wish to copy, you can easily subscribe to an automatic-copy mode and adjust the necessary parameters based on your requirements.
InstaForex offers a unique opportunity for traders to become a member of the exclusive club of InstaForex international online broker and enjoy a wide range of special bonuses and privileged options.
Instaforex offers over 107 currency pairs and 200 CFDs to trade. The spreads are very competitive for major trading instruments. You can choose to trade either fixed spreads or trade without spreads at all.
Leverage starts from 1:1 up to whooping 1:1,000. This is very unique opportunity to trade with very high leverage, so make sure to know the risks involved with it and adopt the necessary money management strategies before you try it. The advised leverage is 1:100 for both beginners and professional traders.
For traders seeking Islamic Accounts, Instaforex offers swap free accounts designed to meet the needs of religious beliefs which forbid using swap.
Technical customer support is available 24/7. Even while trading demo account you can get in touch with the support and get your questions answered efficiently and fast.
Instaforex also has 260 offices around the world, so it is possible that you can meet the broker’s representatives face to face in your own country.