Instaforex Trading Platform Reviews, FAQs, Pros and Cons

This is also where you will find seven energy commodities, eight agriculture commodities, and six goods commodities. Any forex review will likely highlight that this type of asset is the main focus for trading via the broker. As a global forex broker, there’s an expectation of being regulated by top-tier authorities.

• With competitive trading conditions and robust customer support, Instaforex empowers traders of all levels to participate in the financial markets confidently and effectively.
• InstaForex’s diverse range of tradable instruments allows traders to build varied portfolios and implement various trading strategies.
• InstaForex also offers its clients an opportunity to receive a 30% Welcome Bonus to their trading account.
• They’ve cited the robust MetaTrader platforms, user-friendliness, high-leverage options, and diverse range of trading instruments.
• Instaforex’s diverse account offerings and straightforward account opening process ensure that traders can find an option that suits their individual needs and start trading efficiently.

Cryptocurrencies

This robust customer support system ensures that traders receive timely help, making Instaforex an excellent choice for both new and experienced users seeking reliable assistance. Instaforex also offers a comprehensive Support Portal with articles, FAQs, and tutorials to guide traders on various aspects, including platform usage and account management. The support staff is highly trained, providing fast, efficient solutions to technical, financial, and trading-related issues.

Additional Features

The broker offers a selection of instruments including forex, CFDs, and binary options. The Instaforex mobile app is available for both Android and iOS, making it an excellent choice for traders who value flexibility and need to stay connected to the markets while on the move. Instaforex’s diverse account offerings and straightforward account opening process ensure that traders can find an option that suits their individual needs and start trading efficiently.

Processing times are generally fast, with withdrawals being processed within 24 hours for most methods. The availability of a swap-free account is also an attractive option for traders who require a Sharia-compliant account. Bonus funds are not available for withdrawal and are credited to deposits up to 2,000 USD, but you can withdraw all the profit from these funds without any restrictions. Countries that are not allowed to do business with InstaForex (trade and open accounts) are not clear, and information on this is unavailable.

Deposits and Withdrawals

• The minimum deposit required by the broker to start trading is 1 USD/GBP.
• The only information we could find is that they are a global broker specifically for CIS countries, Southeast Asia, Eastern Europe, and parts of Africa.
• To see the full broker review click “See review”, to see the complete table and compare more brokers visit our Comparison page.
• The availability of a swap-free account is also an attractive option for traders who require a Sharia-compliant account.

InstaForex is a globally recognized forex broker established in 2007, offering a comprehensive range of trading services to both novice and experienced traders. InstaForex distinguishes instaforex review itself with competitive spreads, various account types tailored to different trading needs, and robust customer support available in multiple languages. Additionally, the broker offers educational resources and promotional bonuses, making it an attractive choice for traders seeking both flexibility and support in their trading endeavors. Instaforex offers a comprehensive trading platform that caters to traders of all levels, from beginners to professionals. With a wide range of trading instruments, high leverage options, and user-friendly platforms, it provides a versatile environment for both short-term and long-term trading strategies.

Spreads and Fees: 3/5

InstaForex is a transparent broker, which publishes all the commissions and costs applied on negotiations without hiding anything. The trader, therefore, will always have a clear understanding of the cost structure to be faced to carry out trading activities on InstaForex. InstaForex has a team of over 30 analysts who frequently provide economic news and market analysis. There is also a TV section to present market reviews, economic calendars and video analysis.

The content is well-structured and accessible, ensuring a smooth learning curve for beginners. Additionally, the broker’s “Forex Humor” section provides a lighthearted break from trading, adding a bit of fun to the learning process. Overall, InstaForex EU offers a robust research and education package that caters to both new and experienced traders.

InstaForex made the sign-up process seamless, and the minimum deposit was affordable. The MT4 platform is top-notch, and I love the additional features available on MT5. Withdrawal time was fast, and the broker offers generous bonuses and rebates. Their customer support is responsive and helpful, making my forex trading experience smooth and enjoyable. Like every online broker, InstaForex has its strengths and weaknesses.

Prohibited Countries: Where Can I Not Trade with this Broker?

This extra client protection is a very useful feature from this broker. InstaForex provides access to the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, both known for their flexibility, ease of use, and advanced features. These platforms are available for both desktop and mobile devices, ensuring that traders can access their accounts and manage trades on the go. MetaTrader’s robust charting tools, automated trading features, and large community of traders make it an excellent choice for both beginners and experts.

The “ECN” and “Scalping” accounts both offer an average floating spread of 1.2 pips and are commission-free, but they require a minimum deposit of $100. While the low minimum deposits are attractive, these accounts still fail to create the most competitive trading environment. InstaForex is a multi-asset broker that provides access to trading Forex, commodities, indices, cryptocurrencies, and shares as CFDs. The broker offers various account types to meet the needs of different traders. There are no minimum initial deposit requirements and traders can start depositing from 1 USD. Established in 2007, Instaforex is a globally recognized brokerage firm headquartered in Limassol, Cyprus.

This could be quite useful as beginner traders may not know where to go because of the sheer amount of information this broker gives. One thing to note is that the only download option is for Windows when going through the trading platforms available for this broker. The broker does not specifically state that it is not available for other platforms, but we could not find information on if it is available for Mac.

InstaForex offers the possibility to carry out online trading activities on MetaTrader4 and MetaTrader5, considered among the most complete and functional trading platforms on the market. InstaForex also offers an account dedicated to the diversification of customers’ investments, called “OYS Portfolios” (On Your Side). This account allows traders to use the copy trading service to invest in assets selected by InstaForex specialists, without paying extra commissions.

Community reviews and expert recommendations offer a comprehensive snapshot of InstaForex’s strengths, weaknesses, and overall customer experience. We recognize that our experience with InstaForex is just one piece of the picture. To provide the most comprehensive overview of InstaForex, we dove into as many InstaForex reviews as we could find. However, on the plus side, there are many different ways of contacting their customer support team.