InstaForex is a multi-award-winning international broker established in 2007. It offers CFDs and binary options across a wide variety of global markets including Forex currency pairs, stocks, indices, metals, oil & gas, commodity Futures, and cryptocurrencies with over 300+ instruments to trade.
InstaForex serves over 7 million+ clients worldwide, providing retail traders with trading solutions and services suitable for both beginner and professional traders, as well as various trading styles such as scalping, day trading, position trading, swing trading, PAMM trading copy trading, and algorithmic trading.
With Instaforex, traders can enjoy a bunch of vital trading features and services some of which include a strong regulatory framework, interest on account balance, numerous deposit and withdrawal methods, different account types to suit different levels of traders as well as different trading styles, comprehensive educational materials for beginners, an impressive customer support service and much more.
InstaForex Broker Overview
| Broker | InstaForex |
|---|---|
| Established | 2007 |
| Head Office | |
| Regulations | CySEC, BVI, FSC |
| Publicly Listed | No |
| Broker Type | Market Maker |
| Product Offering | CFDs, Binary Options, and Commodity Futures |
| Trading Platforms | MetaTrader 4, MetaTrader 5, Web, Specific, Binary Platform |
| Asset Classes | Forex, Crypto, Indices, Metals, Energies, Commodities, Stocks |
| Minimum Deposit | $1 |
| Account Currencies | USD, EUR, RUB |
| Maximum Leverage | 1:1 – 1:1000 |
| Pricing Model | 2007 |
| Lot Sizes | Micro, Mini, Standard |
| Account Funding & Withdrawal Methods | Bank transfers, MasterCard cards, Visa cards, Qiwi, Skrill, Neteller, and Yandex.Money |
| Demo Account | Available |
| Scalping | Yes |
| Hedging | Yes |
Pros and Cons
Pros
- Strong regulatory framework.
- Easy account registration process.
- Interest accrues on the account balance.
- A wide variety of asset classes.
- A wide selection of fast and secure payment options.
- Low trading fee (spreads and commissions).
- Low latency and fast order execution.
- Offers a powerful PAMM trading system.
- Access to industry-leading trading platforms.
- Comprehensive educational materials for beginners, including video tutorials, forex beginners course
- Great bonuses and contests for non-EU traders.
- Transparent fee structure.
- Great customer support service.
Cons
- Does not accept traders from the United States.