InstaForex is one of the most well-known forex brokers on the market. First established in 2007, it is now a large, international broker with over 7,000,000+ clients worldwide. InstaForex is popular for many reasons. It offers excellent trading conditions, advanced trading technology, and sophisticated trading platforms. It also offers great educational resources, helpful market analysis, and expert market outlooks. Above all, Instaforex offers several unique copy trading features. More about those below!
InstaForex has a licence from CySEC in Cyprus. This means that it abides by EU regulation and offers a high level of client protection. It has also registered with the FCA in the UK, as well as many EU regulatory bodies. As such, it is a trustworthy and reliable broker. In addition, InstaForex has licenses from regulators in the British Virgin Islands and St Vincent. This means there are many regulators overseeing its operations and ensuring that it treats its clients fairly.
As an EU-regulated firm, InstaForex must ensure that there are measures in place to protect client funds. In addition to these measures, InstaForex also has first-class security protocols to help protect client data. For example, it uses both SSL technology and two-factor authentication technology. These extra measures mean that you benefit from a high level of both client data protection and client fund protection.
InstaForex uses one of the industry’s most powerful trading platforms – MT4. There are several different versions of the platform available – including MT4 for PC, MT4 for mobile, and MT4 Webtrader. There is also a multiterminal option for traders who need to work on several accounts at once.
InstaForex offers a wide range of trading instruments. You can trade currency pairs, stocks, indices, metals, commodities, and cryptocurrencies.
There are four different types of trading accounts available on InstaForex. These include their Insta Standard, their Insta Eurica, their ECN Scalping, their ECN Pro, and their ECN VIP accounts. As such, you have many options to choose from depending on your initial trading capital, trading needs, and trading strategies.
As a reliable broker, InstaForex also offers a demo trading account. This is great for so many reasons. Firstly, with a demo account you can improve your trading skills and familiarise yourself with different trading strategies. Secondly, with a demo account, you can get a feel for the Forex market and what trading is all about. Finally, you can try out InstaForex’s platforms and trading tools. This is very important for new traders, especially if it’s your first time trading.
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Deposits & Withdrawals
InstaForex has many deposit and withdrawal options. These include credit cards, debit cards, bank wire transfer, Skrill, Neteller, Payoma, and Sofort. The average deposit processing time is twenty minutes and the average withdrawal processing time is less than four hours.
InstaForex offers two copy trading tools. These tools allow less experienced traders to copy trades made by trading experts. As such, they help new traders to manage risk, minimise losses, and trade more profitably.
Extra Trading Services
InstaForex offers trading technologies for trading binary options. You can trade instruments like intraday and expiry binary options using their cutting-edge services.
As a beginner-friendly Forex broker, InstaForex provides both a forum community and education centre. The forum is a training ground where traders can learn about Forex and perfect their trading skills. The education centre has an eLibrary complete with training guides and learning materials. The education centre also has online trading tutorials, videos, eBooks, and journals.
InstaForex Customer Support
The InstaForex Support team offers excellent customer services and is quick to respond to any customer inquiries. You can reach them via live chat, email, or phone.
InstaForex offers high quality trading services including a PAMM system, a copy trade system, and an instaWallet system. It also offers excellent educational materials, great trading conditions, and a high level of trading support. This makes InstaForex a great choice for all traders – whether you’re just starting your journey in Forex or if you’re looking to change to a better broker!
Ready to start trading? Register for an online trading account with InstaForex here.