InstaForex Review

Broker	InstaForex
Company Name	InstaTrade Investment
Headquarters	Russia
Regulation	No
US Traders Accepted	No
Max Payout	80%
Bonus	$100 no deposit bonus OR 30% welcome bonus
Trading Platform	MetaTrader 4, MetaTrader 5, Proprietary web platform
Trading app	Available for Android and iOS
Demo Account	Yes, no restrictions
Early Closure	Yes
Deposit Options	Credit/debit card, bank transfer, RBK Money, QIWI, Skrill, Bitcoin, Neteller, Yandex.Money, Z-Payment, cash
Deposit Currencies	US dollar, euro
Minimum Deposit	$1
Minimum Trade	0.01 Forex lot
Maximum Trade	10,000 Forex lots
Online Since	2008
Trading Instruments	Currencies, commodities, stocks, indices
Number of Trading Instruments	240
Binary Option Types	High/Low
Customer Support Types	Telephone, live chat, email, Twitter, Skype, ICQ, Viber, Whatsapp, AOL IM
Tools Offered	Various analytics, indicators, interest on all accounts
Awards	Numerous awards including Best Broker in Asia, Best Forex Broker, etc.
Languages	English, Arabic, Czech, German, Persian, Lithuanian, Romanian, Spanish, Ukrainian, Uzbek, Azerbaijani, Hungarian, Italian, Russian, Vietnamese, Malay, Thai, Bulgarian, French, Hindi, Japanese, Urdu, Serbian, Turkish, Bengali, Chinese, Georgian, Bahasa Indonesian, Korean, Dutch, Portuguese, Slovak

InstaForex is a financial broker that specializes in forex, binary options trading, and other financial instruments. Founded in 2008, this broker operates under the company name InstaTrade Investment, with headquarters located in Russia. Although previously regulated by a financial authority, it is currently unregulated, which is an important consideration for users. InstaForex caters to a global clientele, offering its services in an impressive array of languages, making it accessible for traders worldwide, though it does not accept clients from the USA.

The broker provides a variety of account types to suit different trading preferences, including Insta.Standard and Insta.Eurica accounts. This flexibility allows traders to choose between commission-based trading or fixed spreads, enhancing their trading experience. The minimum deposit required to start trading is as low as $1, allowing even beginners to engage with the platform without a significant financial commitment.

InstaForex also extends a range of educational materials, including articles and video tutorials, aimed at helping traders improve their skills and strategies. Further, it offers various promotion bonuses, including a 30% welcome bonus and a no-deposit bonus of $100, appealing to new users. Additionally, the One-Click Trading feature simplifies the trading process, allowing quick and efficient transactions.

Overall, InstaForex presents a blend of traditional forex trading and binary options, appealing to a diverse audience in the financial market.

• Advantages:
  • Wide range of account types
  • Low minimum deposit of just $1
  • Flexible trading options with MetaTrader 4 and 5
  • Availability of a demo account with no restrictions
  • Attractive welcome bonuses up to 30%

• Wide range of account types
• Low minimum deposit of just $1
• Flexible trading options with MetaTrader 4 and 5
• Availability of a demo account with no restrictions
• Attractive welcome bonuses up to 30%
• Disadvantages:
  • Currently unregulated since the dissolution of the FFMS
  • Complex website structure can be confusing
  • No out-of-money reward offered on trades
  • Withdrawal fees of up to 2% may apply
  • Mixed reviews regarding customer service experiences

• Currently unregulated since the dissolution of the FFMS
• Complex website structure can be confusing
• No out-of-money reward offered on trades
• Withdrawal fees of up to 2% may apply
• Mixed reviews regarding customer service experiences

• Wide range of account types
• Low minimum deposit of just $1
• Flexible trading options with MetaTrader 4 and 5
• Availability of a demo account with no restrictions
• Attractive welcome bonuses up to 30%

• Currently unregulated since the dissolution of the FFMS
• Complex website structure can be confusing
• No out-of-money reward offered on trades
• Withdrawal fees of up to 2% may apply
• Mixed reviews regarding customer service experiences

InstaForex is a versatile trading platform that caters to both novice and experienced traders through a wide range of financial instruments and unique account offerings. With its flexible trading options, user-friendly interface, and various educational resources, this broker has gained popularity among traders worldwide. This review delves deeper into the features, services, and overall experience provided by InstaForex, covering aspects such as the trading platform, account types, deposit options, customer support, and many other elements that are essential for traders to know.

InstaForex operates under the company InstaTrade Investment, headquartered in Russia. The platform has been in operation since 2008 and has managed to earn a significant reputation among forex and binary options traders. Although the broker was once regulated by the Federal Financial Markets Service (FFMS), the regulatory body was dissolved in 2013, leaving InstaForex currently unregulated. Despite this fact, many traders still utilize its services, lured by the numerous features and opportunities provided.

Account Types Offered by InstaForex

InstaForex provides several account types to accommodate a wide range of traders. Each account type is designed to cater to different trading preferences and strategies:

• Insta.Standard Trading Accounts: This account type features fixed spreads and allows traders to manage their costs effectively.
• Insta.Eurica Trading Accounts: This account operates without spreads, and instead, traders pay a commission per trade, making it suitable for those who prefer fee-based trading strategies.
• Cent.Standard and Cent.Eurica Accounts: Both of these accounts are tailored for traders with smaller bankrolls, allowing them to trade with minimal risk while enjoying the same features as the main account types.

The low minimum deposit requirement of just $1 makes it incredibly easy for beginners to start trading on this platform, while the flexibility in account types offers more experienced traders the tools they need for more complex strategies.

Trading Instruments Available

InstaForex boasts an extensive array of trading instruments. Currently, the platform offers:

• Currencies: More than 100 currency pairs are available for trading, including major, minor, and exotic pairs.
• Commodities: Traders can access a variety of commodity markets such as gold, silver, and oil.
• Stocks and Indices: The platform provides opportunities for trading both individual stocks and stock indices.

Overall, traders can select from over 240 different instruments, allowing for great diversity within their trading portfolios.

Trading Platforms Offered by InstaForex

InstaForex offers its traders multiple platform options to enhance their trading experience:

• MetaTrader 4 (MT4): One of the most popular trading platforms globally, MT4 provides a range of features, including advanced charting tools, a variety of indicators, and user-friendly interface.
• MetaTrader 5 (MT5): The successor to MT4, MT5 offers additional features, such as a more robust analytics toolset and an improved interface, catering to traders needing further functionality.
• Proprietary Web Platform: This unique platform allows for seamless trading directly via a web browser and is designed to be user-friendly and accessible anytime, anywhere.

In addition to desktop and web platforms, InstaForex provides mobile applications for Android and iOS users, making it convenient for traders to manage their accounts on the go.

Trading Conditions and Fees

InstaForex adopts a transparent approach to its trading conditions. The broker typically charges spreads, which range between 3-7 pips depending on the trading instrument and account type. Additionally, commissions for certain accounts range from 0.03% to 0.07%.

When withdrawing funds, traders should be aware that fees may range up to 2%. It is essential to understand these conditions fully to manage costs effectively when trading.

Bonuses and Promotions

InstaForex offers a range of bonuses and promotions to incentivize and reward traders:

• Welcome Bonus: New clients can choose between a 30% welcome bonus on their first deposit or a $100 no-deposit bonus.
• Promotions: Frequent promotions and contests are available for both new and existing clients, providing opportunities for additional rewards.
• Club Card: A club card system which can offer various benefits to members.

These incentives create an appealing environment for traders looking to maximize their investment potential.

Customer Support Services

InstaForex takes customer support seriously, offering various channels for assistance, including:

• Telephone: Direct support via phone.
• Live Chat: Accessible for immediate help when browsing the website.
• Email: For more formal inquiries or issues.
• Social Media Platforms: Support can also be found on Twitter, Skype, Viber, ICQ, WhatsApp, and AOL IM.

Traders can expect prompt responses from the customer service team, and various resources such as articles and instructional videos are also available to provide additional assistance and education on trading strategies.

Educational Resources

InstaForex is committed to enhancing traders’ knowledge and skills by offering various educational resources:

• Articles: Various articles covering trading strategies, market analysis, and material for beginners.
• Videos: Informative video tutorials that explain key concepts in trading.
• Webinars: Live sessions where traders can learn in real time from experienced industry professionals.

These educational tools are especially beneficial for novice traders, as they help build a solid foundation for successful trading practices.

Demo Account Feature

InstaForex offers an unrestricted demo account, allowing users to practice their trading skills without any financial risk. This feature is paramount for new traders who wish to gain experience and confidence before trading with real funds. The demo account mimics real trading conditions, giving users the opportunity to understand the dynamics of the trading environment.

Languages Supported

InstaForex services are available in multiple languages, ensuring that a diverse range of traders can access their platform. Currently, the site supports numerous languages, including:

• English
• Arabic
• German
• Spanish
• Russian
• French
• Portuguese
• Chinese
• And many others.

This extensive language support reflects InstaForex’s commitment to providing an inclusive environment for its users, accommodating traders from different backgrounds and regions.

Security Measures and Regulations

While InstaForex was once regulated by the FFMS, it now operates without active regulation due to the agency’s dissolution. Despite the lack of regulation, the broker implements various security measures to protect traders’ funds and personal information. Encryption technologies, secure servers, and robust data protection policies are in place to ensure a safe trading experience.

InstaForex provides a comprehensive trading platform with a wide array of features and instruments catering to all levels of traders. The diverse account types, extensive educational resources, and incentives such as bonuses and promotions create a compelling choice for those interested in trading forex and binary options. While the lack of regulation may concern some traders, the platform’s commitment to security and customer support demonstrates its dedication to providing a reliable trading experience.

InstaForex is an innovative trading platform operated by InstaTrade Investment, headquartered in Russia. Although it lacks current regulation, it offers various account types including Insta.Standard and Insta.Eurica, allowing traders to choose between fixed spreads or commission-based trading. The platform features a remarkable selection of trading instruments, including currencies, commodities, stocks, and indices, accommodating a wide range of trading preferences. With a minimum deposit of just $1 and an option for a demo account, InstaForex caters to both beginner and experienced traders alike. Noteworthy bonuses, including a 30% welcome bonus and a $100 no deposit bonus, enhance its appeal. Customer support is accessible through multiple channels, including live chat and email. Despite its confusing website structure and unregulated status, InstaForex offers a unique blend of binary options and Forex trading experiences.

InstaForex FAQ

What is InstaForex?

InstaForex is a trading platform offering both binary options and traditional forex trading since 2008.

Is InstaForex regulated?

No, currently, InstaForex operates without regulation as its previous regulating body dissolved in 2013.

What types of trading accounts does InstaForex offer?

InstaForex provides various account types, including Insta.Standard, Insta.Eurica, and cent accounts for flexibility.

What is the minimum deposit required at InstaForex?

The minimum deposit to start trading is just $1.

Does InstaForex accept US traders?

Unfortunately, US traders are not accepted on the InstaForex platform.

What trading platforms are available on InstaForex?

Traders can choose from MetaTrader 4, MetaTrader 5, and a proprietary web platform.

What is the welcome bonus offered by InstaForex?

New users can select either a $100 no deposit bonus or a 30% welcome bonus on their first deposit.

What trading instruments can I trade on InstaForex?

InstaForex allows trading in a diverse range of instruments, including currencies, commodities, stocks, and indices.

Can I practice trading with a demo account?

Yes, InstaForex offers a demo account with no restrictions, allowing for unlimited practice.

What are the withdrawal fees for InstaForex?

Withdrawal fees can range up to 2%, depending on the method used.

How can I contact customer support at InstaForex?

Customer support is available through multiple channels, including telephone, live chat, and email.