Home Forex Brokers Review InstaForex – Forex Brokers Review & Rating

InstaForex – Forex Brokers Review & Rating

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instaforex

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.

Intro

  • Start year: 2007
  • Country of origin: Russia
  • Regulation: CRFIN
  • Payment options: QIWI, Skrill, Visa, MasterCard, China Union Pay, Boleto, Payco, NETELLER, MegaTransfer, bank transfers, cash (InstaForex dealer)
  • Minimum account size: $1
  • Minimum lot size: 0.01
  • Leverage: 1:1000
  • Spreads: 3 pips on EUR/USD

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 Remarkably, profits made with the use of bonuses can be withdrawn.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% 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 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.

DetailsInsta.StandardInsta.EuricaCent.StandardCent.Eurica
Deposit currencyEUR, USDEUR, USDUSD Cents, EUR CentsUSD Cents, EUR Cents
Minimum deposit1 USD1 USD1 USD1 USD
Maximum depositno limitno limit1000 USD1000 USD
Spreads3-703-70
Fee00.03%-0.07%00.03%-0.07%
Minimal trade0.01 of the lot0.01 of the lot0.10 of the lot (equivalent of 0.0001 market lot)0.10 of the lot (equivalent of 0.0001 market lot)
Maximal trade10000 lots10000 lots10000 lots10000 lots
Leverage1:1-1:10001:1-1:10001:1-1:10001:1-1:1000
Margin for locks25%25%25%25%
Margin Call30%30%30%30%
Stop Out10%10%10%10%
Interest rate5%5%5%5%
Order executionInstant ExecutionInstant ExecutionInstant ExecutionInstant Execution

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.

Features of 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

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