Instaforex Review

Established in 2007, InstaForex is a multi-award-winning international broker which offers CFD, binary options and commodities futures trading, connecting traders to 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 includes 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 Details

BrokerInstaForex
Established2007
Head Office
RegulationsCySEC, BVI, FSC
Publicly ListedNo
Broker TypeMarket Maker
Product OfferingCFDs, Binary Options and Commodity Futures
Trading PlatformsMetaTrader 4, MetaTrader 5, Web, Specific, Binary Platform
Asset ClassesForex, Crypto, Indices, Metals, Energies, Commodities, Stocks
Minimum Deposit$1
Account CurrenciesUSD, EUR, RUB
Maximum Leverage1:1 – 1:1000
Pricing Model2007
Lot SizesMicro, Mini, Standard
Account Funding &
Withdrawal Methods
Bank transfers, MasterCard cards, Visa cards, Qiwi, Skrill, Neteller and Yandex.Money
Demo AccountAvailable
ScalpingYes
HedgingYes

InstaForex Pros and Cons

PROS
  • Strong regulatory frame work with regulations from top-tier regulatory bodies across the world including CySEC (Europe), BVI (Bristish Virgin Island) and FSC.
  • Easy account registration process
  • Interest accrues on account balance.
  • A wide variety of asset classes including Forex currency pairs, stocks, commodities, cryptocurrency, indices, metals and energies.
  • A wide selection of secure payment options including Qiwi, Skrill, Neteller, Yandex.Money, Visa cards, MasterCard cards, and bank transfers.
  • Low trading fee (spreads and commissions).
  • Low latency and fast order execution.
  • Offers a powerful PAMM trading system.
  • Access to industry leading trading platforms including MetaTrader 4 and MetaTrader 5.
  • Comprehensive educational materials for beginners, which includes video tutorials, forex beginners course
  • Great bonuses and contests for non-EU traders.
  • Transparent fee structure.
  • Great customer support service.
CONS
  • Does not accept trader from the United States.