InstaForex Review – Is Instaforex.Com a Trusted Firm?

InstaForex review will show you why this is one of the few trustworthy broker companies on the market. InstaForex was founded in 2007 by the InstaFintech group of companies. After the registration, the broker signed contracts with MetaQuotes Software, the leading provider of online trading software.

They are licensed and supervised by several financial regulator entities, which we will discuss more thoroughly later on in the review. They are a trading company with many international awards and positive critiques by users. With lots of cyber frauds out there, picking InstaForex is a safe bet.

With more than 7 000 000 clients, the multilingual customer support that’s available 24/7, and over 300 trading instruments, it is not hard to realize why they are a great option to go with.

InstaForex Pros and Cons

Is InstaForex Safe? License and Safety of Funds

Instant Trading EU Ltd is fully licensed by CySEC, the Cyprus authority that conducts operational standards for financial investment firms within Cyprus and the European zone respectively. Along with the main license, the broker serves additional entities in offshore zones.

With authorized trader firms, you don’t need to be worried. Authorized intermediaries operate under strong obligations. They are constantly supervised and need to follow the rules like the rule of segregated accounts. That means that clients’ funds are separated from the company funds.

Accounts Types Offered

InstaForex offers 4 types of trading accounts:

• Insta.Standard
• Insta.Eurica
• Cent.Standard
• Cent.Eurica

What’s in common for all of these accounts is that they have a 1$ minimum deposit, leverage 1:1 – 1:1000, maximum trade of 10 000 lots, instant execution, etc. Of course, there are a lot of differences between these accounts, but we will leave that for you to compare. InstaForex offers fast digital account opening, as well as demo accounts, which is always great for beginners since they can get a good feeling of the Forex market, and start learning about brokerage.

Demo accounts are credited with virtual funds, and potential traders can try the broker’s suite of instruments, such as binary options, plus the various copy trading tools and other available services. Users can then switch to a real-money account when they think they are ready.

Trading Platforms Overview

When it comes to trading platforms, InstaForex isn’t falling behind other trustworthy brokers. InstaForex offers the MetaTrader 4 and MetaTrader 5, InstaTick Trader, Mobile Trading, and Multiterminal.

MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are the world’s most popular trading platforms, developed by MetaQuotes Software Corp. MetaTrader 4 was developed in 2005, but it still is one of the best trading platforms.

Although it is most commonly associated with forex trading, MetaTrader 4 can be used to trade a range of markets including forex, indices, cryptocurrencies, and commodities, via CFDs. MT4 is extremely popular since it is highly customizable to your individual trading preferences, and allows you to implement strategies of any complexity.

MetaTrader 5 is a multi-asset trading platform that was released in 2010. MT5 is faster and more efficient than MT4, but it doesn’t replace the previous platform. It is different and simply offers more than MT4 does. MT5 provides the ability to trade more instruments in almost all financial markets, including Forex, stocks, indices, commodities, and even cryptocurrencies.

WebTrader is perfect for people who want a simple user experience, with all the critical functionality directly from a web browser. The best thing about WebTrader is that installation isn’t required and that it’s available on any computer, and any browser.

With InstaForex on the InstaTick Trader, you can make tick trades, and this web platform is developed specifically for this purpose. Unlike MT4 which offers 4 or 5-digit quotes, InstaTick Trader gives you 6-digit quotes that increase your profit chances as the smallest price changes are taken into account. You do not need to download and install the platform to your computer, which means you will have access to the market wherever you are.

The MultiTerminal allows clients to work on several trading accounts at once. It is an ideal tool for traders who deal with account management, i.e. manage the accounts of their clients. The MultiTerminal is downloadable software that runs on Windows OS.

Trading Instrument Available at InstaForex

InstaForex is a legitimate broker company that’s offering a whopping amount of over 400 trading instruments. We have listed some of them:

• 110 CFD Currency Pairs: EUR/USD, EUR/CHF, CAD/CHF GBP/USD, GBP/JPY, USD/RUB, USD/CHF, EUR/CAD, and many more.
• Stocks of more than 200 companies: Apple Inc., eBay Inc., Ford Motor Company,  Amazon.com, Adobe Systems Incorporated, Bank of America Corporation, Caterpillar Inc, Cisco System, Inc., and many more.
• 15 indices: US Dollar Index, Dow Jones Industrial Average, FTSE 100, Swiss Market Index, Euro Stoxx 50 Index, and much more.
• 4 metals: Silver Spot, Gold Spot (500 oz), Palladium Spot, and Gold Spot
• 17 oil and gas instruments: Crude Oil Light Sweet, Natural Gas, miNY Crude Oil, Heating Oil, and many more.
• 54 commodity futures: Futures Gold, Futures Silver, Futures Copper, Platinum, Sugar, Coffee, and many more
• 12 cryptocurrencies: Bitcoin, Cardano, Dogecoin, Filecoin, Litecoin, Bitcoin Cash, and many more.
• 2 InstaFutures: EUR/USD week and EUR/USD month.

Deposits and Withdrawals Methods

InstaForex offers a wide range of payment methods:

• Credit and debit cards
• Skrill
• Bank wire
• Neteller
• Payco
• Bitcoin
• Litecoin
• B2BinPay
• PayLivre
• Southeast Asia Bank transfers
• Local Transfers

The addition of Bitcoin as a payment option shows that this forex professional agent is keeping up with changes in the Forex market and provides a legitimate service.

InstaForex processes payments Monday to Friday, from 8 am to 5 pm (UTC+00).

The minimum deposit at InstaForex is 1$ for all the accounts, as we mentioned earlier. That is lower than almost every other reliable broker. Also, there are no deposit fees for bank wire, which is common in the brokerage industry.

The withdrawal is possible to be processed only to the same payment system with the same account details which the deposit was made from.

InstaForex Offers Bonuses and Promotions

With InstaForex, you can get a variety of benefits, such as welcome bonuses, tournaments, and promotions. New users can benefit from a 30% to 100% deposit bonus. Bonus monies are not withdrawable and are credited to deposits up to $2000, and are available for both new and old accounts.

They have a whole section on their website called “Campaigns” dedicated to this. You can find one that meets your expectations the most.

We often say that you should be wary of trading companies that offer good bonuses. But this doesn’t stand for InstaForex.

Customer Support

InstaForex offers 24/7 customer support in more than 20 languages, with over 260 offices and a trained customer support team. You can find your answers by Phone, Email, FAQ, and Chat. InstaForex wants to be available for their customers, at any time.

InstaForex Overall Summary

InstaForex is a reliable intermediary company that was founded in 2007, in Cyprus. They are an authorized and supervised trading firm that offers its customers great conditions. They are using some of the best trading platforms in the industry, caring about user experience.

Customer service is available in more than 20 languages and is open 24/7. They have more than 400 trading instruments, providing their clients with a lot of options.

Their 1$ minimum deposit is probably the lowest in the Forex market. Also, they offer a lot of training, educational videos, webinars, and other valuable content for beginners.

Overall, they are a real-deal intermediary, and you won’t make a mistake if you go with them.

FAQs About InstaForex Broker