Instaforex-Forex Broker Review
Type of Broker
Instaforex is an ECN and Non Dealing Desk broker.
Country of origin
The headquarters of Instaforex are located in Russia and it has offices in other countries.
- Forex Market: 107 currency pairs in the spot market, from the most important such as the EUR/USD, GBP/USD and USD/JPY to other more exotic like the USD/PLN and ZAR/JPY for example.
- Commodities: Gold in the spot market, one of the most important and traded commodities in the market.
- Contracts For Difference: CFD´s based on the following instruments:
- Stocks of the main financial markets.
- Futures of commodities like metals, oil, gas, sugar, cocoa, wheat, cattle and many other.
- Binary Options: Forex Options based on 11 instruments (currency pairs).
Instaforex offers two types of trading accounts with the following features:
- Insta Standard Trading Account: This is a regular account which offers fixed spreads (Market Maker execution). The minimum deposit to open an account of this type is $1. It offers fixed spreads from 3-7 pips for major currency pairs like the EUR/USD with a maximum leverage of 1:1000 and a minimum transaction size of 0.01 lots.
- Insta Aurica Trading Account: This type of trading account offers an ECN execution with trading conditions for more experienced traders. The minimum deposit to open an account of this type is $1. It offers floating spreads from 0.1 pips for major currency pairs like the EUR/USD with a maximum leverage of 1:1000 and a minimum transaction size of 0.01 lots. It charge a fee from 0.03% to 0.07%
This broker offers one trading platform which allows to trade with currency pairs (Forex market), commodities and Contracts For Difference.
-MT4 Instatrader: This is a downloadable trading platform based on Metatrader 4, one of the complete application of its type in the Forex industry. Metatrader 4 offer many trading tools such as advanced price charts with many time frames, updated quotes, updated market news, dozens of technical indicators incorporated and more.Also, this application allows to create, evaluate and implement automated trading systems called Expert Advisors. It includes a programming language called Metaquotes which allows to design customized indicators. This platform offers various types of orders and a fast execution.
The client can deposit/withdraw money through Bank Wire Transfer, Credit Card, Paypal, Webmoney, Payza, Skrill, Perfect Money, Global Digital Pay and Eurogold Cash.
Main Advantages of Instaforex
- A 30% bonus for every deposit made by the client.
- Instaforex is a regulated broker.
- This broker offers bonus packages for traders that open a trading accounts and money deposits. The amount of these bonuses depends on the capital deposited by the client.
- Good costumer service.
- It allows the implementation of Forex autotrading systems through the trading platform Metatrader 4.
- Free Forex education.
- Instaforex offers Forex options (binary options).
- This broker offers a free trading signals services for its clients.
- This broker offers a features which allows to copy and execute automatically the trades generated by expert Forex traders. This system called ForexCopy allows to copy any trading signal generated by the trader(s) selected by the investor.
- Instaforex has a PAMM accounts (managed accounts) service created for investors interested in investing in the Forex market through experienced traders.
- This broker allows to trade with a lot of instruments for trading.
- All trading accounts receive a 13% annual interest rate.
- It offers many options of regular trading contests with good awards for all clients.
- The minimum account deposit is very low.
- This broker offers free analysis of the market through various services such as Insta Forex TV, FX Analytics and other. Insta Forex TV contains a great variety of news, analytic reports and interviews.
- Instaforex has an affiliate program of its property which allows to earn money by promoting its services as a broker. This program offers attractive commissions.
- Instaforex offers a welcome bonus for clients that opens a trading account and deposit funds. The amount of this bonus is 30% of the capital deposited by the client up to 5000 US Dollars.
- Also, this broker offers Fixed Welcome Bonuses of 30, 110, 200, 1000 and 5000 US Dollars depending on the amount of money deposited by the client.
Other categories of this broker
- Gold Broker.
- ECN Broker.
- Oil Broker.
- Metatrader Broker.
- CFD Broker.
- Binary Options Broker.
|Company||Instaforex Company Group.|
|Minimum account size||$10.|
|Minimum lot size||0.01 lot.|
|Spreads||Fixed spreads from 2-5 pips and floating spreads from 0.1 pips depending on the account.|
|Link to the website||Broker InstaForex|
|Open an account|