InstaForex Review – An Established, Reputable Broker

Why trade with InstaForex:

  • InstaForex 200+ trading instruments
  • Fast order execution
  • Excellent market analysis
  • Helpful copy trading tools
  • Low minimum deposits
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InstaForex is one of the most well-known and most reputable 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. Firstly, it offers everything you would expect from a world-class broker. For example, a wide range of financial instruments, advanced trading technologies, and sophisticated trading platforms. Secondly, it offers detailed market analysis and expert market outlooks. Above all, Instaforex offers several unique copy trading features. More about those below!

About InstaForex

Regulation

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.

Fund Safety

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.

Platforms

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. The trading conditions you get on the platform vary depending on your account type. That said, on all platforms you get:

Instruments – 170+
Min. volume – 0.01 lots
Currency – USD, EUR

Account Types

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.

Minimum Deposits

Each account type has a different minimum deposit.

1 – Insta Standard Account – €100
2 – Insta Eurica Account – €100
3 – ECN Scalping Account – €500
4 – ECN Pro Account – €5,000
5 – ECN VIP Account – €20,000

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.

Trading Tools

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 Services

InstaForex offers trading technologies for trading binary options. You can trade instruments like intraday and expiry binary options using their cutting-edge services.

Education

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.

Support

It is very easy to contact the InstaForex Support team. You can reach them via live chat, email, or phone.

Support Number:
‎+357 25654112 (Cyprus)

Email Address: [email protected] (General)

Conclusion

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!

Want to keep reading? Take a look at more of our broker reviews here.

This article has 6 Comments

  1. Subscribing to the ForexCopy system of Instaforex is the best decision I made in my whole trading journey. It has helped me to minimize the losses and the risks. I was able to find an excellent trader to copy and I am receiving steady profits every month.

  2. Thank you for giving us a very satisfactory rate . Your opinion is very important to make our more job better 🙂

  3. With my three years of trading experience at Instaforex, I would say that this broker is a great one for new traders. It does not prioritize only the experienced traders, it also caters to the needs of beginners. They are equipped with useful materials to enhance the knowledge and skills of their clients. Aside from that, they have a low minimum initial deposit and trading cost which is favorable especially to new traders.

  4. I have satisfied with InstaForex’s forex copy system, As I can earn commission by the following an expert Traders deal in the market. Now I have $250 invest in the forex market, while I can doing my private job with this and no problem yet. The last mount I have withdrawal $80 profit percentage through Skrill. So I am happy with my extra income.

  5. I have been trading in InstaForex for 4 months and I making good profit with the PAMM system it that. I find out some excellent PAMM trader who are giving me profit continuously. Last month I got $368 profit from my PAMM account. Everything is fine as my expectation. There withdrawing transaction is excellent. Yesterday I withdraw $250 via Skrill and it takes only half an hour to be done. I will continue to trade with this broker.

  6. Back in 2014, I was a novice in trading. Instaforex was my first ever broker, and is my only broker until today. I remember using the Forex Copy feature back then since I was very anxious and I wanted to minimize my losses by copying an experienced trader. Thankfully, I chose a good trader and profited well. But I knew that my anxiousness won’t fade away if I remain relying on ForexCopy and I also aspired to be the trader that a novice will copy. So I worked hard to control my emotions and traded on my own with the help of the customer support. They gave me tips on what to do when I feel like I’m starting to be too emotional. I practiced and I think I did well because I have now reached my goal. I am now one of the traders being followed by other traders.

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