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InstaForex Review 2024

Ben Johnson
Forex Broker Expert

5 / 5 – 1 Ratings

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Highlights

Brokers Name

InstaForex

Trading Desk

ECN

Year Founded

2007

Headquarters

Regulation

BVI FSC License Number SIBA/L/14/1082, Russian Central Bank, License number 039-11737-100000, FSC Saint Vincent, Reg. Number IBC22945

US Clients

🇺🇸
No

247 Support

Support Email

support@mail.instaforex.com

Telephone

1-888-472-1855

Address

Moscow, Russian Federation

Languages

Accounts Details

Commission

Account Name

Insta.Standard, Insta.Eurica, Cent.Standard and Cent.Eurica

Min. Deposit

1

Base Currencies

USD, EUR

Order Execution

Market Еxecution

Max. Leverage

1:1000

Starting Spreads

3-7 pips

Trade Size

0.01

Instruments

Commodities, Stock CFDs, ETFs, Forex, Indices, Metals

Demo Accounts

Swap-Free

Crypto Trading

CopyTrading

Platforms

Trading Platform

MT4, MT5

Mobile Trading

Yes

Web Trading

Yes

Affiliate Program

Funding

Deposit Methods

QIWI, Skrill, Visa, MasterCard, China Union Pay, Boleto, Payco, NETELLER, MegaTransfer, bank transfers, cash (InstaForex dealer)

Withdrawal Methods

QIWI, Skrill, Visa, MasterCard, China Union Pay, Boleto, Payco, NETELLER, MegaTransfer, bank transfers, cash (InstaForex dealer)

Pros

Not Found

Cons

Not Found
5 / 5 – 1 Ratings

InstaForex is an ECN broker, which has been providing access to the trading operations on the international monetary market since 2007. The company has more than 2,000,000 customers.

Regulation

  • Instant Trading Ltd (BVI) is licensed by BVI FSC, License Number SIBA/L/14/1082
  • InstaVector Ltd (Russia) is licensed by Central Bank, License number 039-11737-100000
  • Insta Service Ltd is registered with FSC Saint Vincent, Reg. Number IBC22945
  • Insta Global Ltd. registered in Saint Vincent, IBC24321
  • Services are provided under InstaForex brand which is a registered trademark

InstaForex is an ECN broker, which has been providing access to the trading operations on the international monetary market since 2007. The company has more than 2,000,000 customers. InstaForex offers one of the best trading conditions and contract specifications. Moreover, the company provides the customers with a wide range of bonuses and services such as the PAMM system and ForexCopy enabling the clients with different knowledge level to earn money on Forex.

InstaForex Bonuses

InstaForex offers its clients a wide range of bonuses. They differ in size, conditions for receiving, and the use in trading. Remarkably, profits made with the use of bonuses can be withdrawn. The information on this page can help you to choose the bonus suitable for your trading strategy and deposit.

100% Deposit Bonus

InstaForex gives you a unique opportunity to get the 100% bonus on first deposit. You just need to open and top up a live trading account and fill in the application form. Bonus funds are not available for withdrawal and are credited to deposit up to $2000 but you can withdraw all the profit from these funds without any restrictions.

30% Bonus on Each Deposit

InstaForex offers its customers a matchless opportunity to receive the 30% Welcome Bonus to their trading account. In order to obtain the Welcome Bonus, you need to register a live trading account and fill in the online application form. All the above-mentioned procedures are simple and do not take much time.

$5000 StartUp Bonus

InstaForex Give $5000 No Deposit Forex Trading Bonus Start Forex Trading and CFD Without Deposit and Without Risks. The new $5000 No Deposit Forex Trading Bonus from InstaForex is an exciting opportunity to start Forex Trade.

Trading Instruments

InstaForex offers its clients more than 300 instruments for trading. Apart from currency pairs, there are futures, shares, and spot instruments such as Gold, Silver as well as CFDs on indices S&P 500, Dow Jones Industrial Average, NASDAQ Composite, FTSE 100, Euronext 100, DAX 30, Nikkei 225, Hang Seng Index, US Dollar Index, Bitcoin and other instruments.

Leverage

Leveraged trading enables traders to earn more profit. Depending on a strategy, a trader can choose the most convenient leverage to work with. InstaForex customers are free to get any leverage from 1:1 to 1:1000. Make use of this trading mechanism to see your profits soar. InstaForex guarantees seamless and safe access to the forex market regardless of existing market conditions. Our team has a vast experience in the sphere of client and partner support. Our employees are young and talented specialists in the financial services field.

PAMM System

Apart from the user-friendly interface, this system is also known for its efficiency. With the help of this innovative service a trader can manage funds of several investors. This is a win-win solution – investors earn without trading while traders get extra profit for managing investors’ funds. PAMM system from InstaForex brings maximum comfort and usability to both investor and trader.

Trading Accounts

Each type of account offered by InstaForex represents a universal trading tool that helps to work on international financial markets. Regardless of the chosen account type, you will have access to every trading symbol available, when working with InstaForex.

Insta.Standard Trading Accounts

These types of accounts are relevant for standard trading terms on Forex market and function without fees. Once a trader gets access to all trading instruments he/she pays a fixed spread setting a trade.

Insta.Standard accounts work for all types of traders and allow a trade to be settled with classical spread and with no fees. The main advantage of this type of account is its universality, as often a trader can change the trading leverage and work with a deposit size convenient for him/her. The features of the account allow trading with Micro Forex (minimum deposit $1-10), Mini Forex (minimum deposit $100), and Standard Forex (minimum deposit $1000).

Insta.Eurica Trading Accounts

The account of this type does not require any spread to be paid at opening a trade. For most currency instruments of Insta.Eurica account type zero spreads are applied, due to this the BID price is always equal to the ASK price. It should be noted that the offered price runs higher than the BID price (on the basis of which a chart in the trading terminal is plotted) by half of the standard spread for a given trading instrument which is rounded up to its integral value due to some technical peculiarities of the MetaTrader 4 platform.

This account type is recommended for newbies because it is not necessary to take into consideration the spread in case of pending orders usage: a pending order is executed right when the price reaches its value if the spread equals to 0. Before GTC orders’ placing and market entrance there is no necessity to calculate spread influence on the position result, this makes technical analysis highly effective.

Aside from the fact that Insta.Eurica accounts allow the newbies to get the hang of the market using a simpler system of trades conducting, this account type can be also used by professional traders, because its trade characteristics are the same as of Insta.Standard account type.

Cent.Standard and Cent.Eurica trading accounts

Cent.Standard and Cent.Eurica account types are developed for beginning traders and oriented to those clients who just learn to trade, and for this purpose they need access to the minimal possible trade volume. Micro Forex is available with the lot volume of 0.0001 of the market lot (the lot price is 0.1 U.S. cents) and allows practicing almost without any risks for deposit. This type of account will suit well those who want to test trading strategies with minimal risks using the trade advantage of 0.0001 lot.

In addition to the smallest allowed trade volume – 0.0001 of the market lot – the owners of Cent.Standard and Cent.Eurica accounts have the same trading terms as Insta.Standard and Insta.Eurica. The only constraint here is the maximally allowed deposit size for cent group accounts of Cent.Standard and Cent.Eurica related to their directivity to the beginning traders. For more experienced traders it is recommended to open accounts of Insta.Standard and Insta.Eurica types which do not have any size constraints for maximal deposit and deal size.

Minimal trade size

The size limitation of the minimal trade equals to 1 lot ($1 per pip) for accounts of Standard and Eurica types with balance over $100,000 or its equivalent in other currencies.

Trading platform

Every InstaForex client is free to choose a trading platform which suits best his/her needs to trade in global financial markets. Today the company offers several types of popular trading terminals. Each of these trading platforms aims to fulfil individual requirements. Below you will find out which platform suits best particular trading objectives.

MetaTrader 4

  • 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

MetaTrader 5

  • 21 time frames
  • Market Depth (Level II pricing) and contract specifications
  • MQL5 – the new-generation programming language for designing expert advisors and indicators
  • Quotes archive
  • An advanced set of technical tools
  • Fill Policy – a new field in the Order window
  • Expiry dates for pending orders
  • Ready-made expert advisors, indicators and scripts available on the in-built online store

WebTrader

WebTrader is a unique product by InstaForex that enables its users to trade in the forex, CFD, and futures markets in a web browser. This version has a complete function kit and tool suite characteristic of desktop versions. All trading instruments and account types are available on this web platform.

WebTrader by InstaForex combines the latest trading developments. Apart from convenient trading with a variety of options, users can also track the latest news, analytical comments, and quote changes in an online mode.

InstaForex clients can manually adjust the list of the most traded instruments and set them in a particular order. All three WebTrader interface modes can be customized. To keep abreast of your trading results, you can make use of balance & equity and profit charts.

Customer Support

InstaForex customer support service offers qualified and timely assistance to every client from any spot on the globe. Our managers speak 17 languages, so they have no difficulties with communication barriers. It helps them promptly tackle clients’ requests. We are ready to solve all your issues and answer all questions fast and effectively no matter where you are from.

The promotion is being shared here solely for informational purposes. Please note that this should not be considered as financial advice.

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