Apart from being an experienced broker, InstaForex supports affordable and competitive trading conditions. What are they?

success with instaforex

Among other brokerages, InstaForex has a lot of fans all around the world. This broker was created in 2007 and now has more than 7 million active traders from various countries. Many reasons make this broker popular. Besides the abundant features available, this broker regularly holds a forex contest with a prize pool of over $1,000,000. The good quality of this broker has brought them prestigious awards from various business magazines and specialized exposition projects. 

But for any beginner out there, is there any other reason to trade in InstaForex? As a matter of fact, yes, because this broker offers plenty of benefits to ensure traders can succeed with InstaForex.

 

The Formula for Success with InstaForex

There are many features to make sure traders can gain success with InstaForex. Here are some that worth mentioning.

 

1. Trading Platform

A good trading platform can help traders control their position easily. InstaForex strives to meet their trader's needs regarding this matter. As a matter of fact, they provide multiple trading platforms so traders can choose between MT4, MT5, Multiterminal, mobile app, and Webtrader. With plenty of choices, traders can find a platform that suits their trading needs better. These platforms are available on different devices, including desktops and smartphones.

 

2. Direct Access to the Currency Markets

This broker offers direct access to the currency market to ensure clients succeed with InstaForex. This allows traders to trade any forex pairs they desire, including major and minor pairs. In addition, having direct access to the market ensures traders to have a better trading experience.

 

3. 24/7 Client Support

Customer support is crucial in brokerage. This feature helps traders when they are having problems regarding their trading activities. Luckily, InstaForex provides good customer service that is available 24/7. This broker has different emails for each department, including support, financial, partner relations, and dealer departments. That way, traders know which address to contact according to their needs.

 

4. Analytics

Having good analysis is crucial for trading as it can affect the results of the trading itself. To make sure their traders get the best trading results, InstaForex provides analysis in the form of video analytics. These videos are uploaded daily with the hottest topics prepared by professionals in InstaForex. That way, traders can gain insight into better trading ideas every day.

 

5. Plenty of Deposit Options

Having various deposit methods for deposit can boost traders' chances of success because it can give them an easier way to start their InstaForex live account. This broker offers deposits from local banks, PayCo, QR Code, Bitcoin, Litecoin, Tether, to Ethereum. These deposits are free of the commission fee and will be processed almost instantly. Deposits using cryptocurrency will be processed within 3 hours, while transactions through banks will be processed within several business days. 

 

6. Security

It's important to make sure your trading account is perfectly protected. InstaForex offers a few security features to give extra safety to their clients. The security system in InstaForex will protect traders from unauthorized withdrawals. For instance, traders must send an SMS code to verify withdrawals.

InstaForex also protects traders' personal information by utilizing two-factor authentication.

Furthermore, segregated accounts are implemented to ensure traders' funds are free from the risks connected with any force-majeure in the company's activity.

 

7. Various Trading Servers

It's easy to gain success in InstaForex because of their uninterrupted and regular trading servers' work. This allows InstaForex to distribute the flow of customers' orders among different servers they have.

InstaForex has over 25 additional servers located in different parts of the world. The US trading server has 9 data centers, the Singapore one has 10 data centers, while Europe has a few data centers. That way, the servers won't be too overwhelmed and traders can have better order execution speed. InstaForex even claims that clients' orders from anywhere worldwide do not exceed 0.2 seconds.

 

InstaForex Trading Conditions

InstaForex trading conditions are also worth trying considering their advanced features. They ensure traders know what to expect when opening a live account in InstaForex. Below are InstaForex trading conditions in a nutshell:

 

1. Trading Instruments

Trading instruments choice is important in deciding on a good broker. Traders must ensure the broker offers all the assets they want to trade with. Luckily, InstaForex offers plenty of instruments where traders can access over 107 currency instruments that include 83 CFDs on US stocks, contracts on gold and silver, and CFDs on Futures. This can also make it easier for traders to diversify their portfolios in InstaForex.

Website
Established
2007
Leverage
1:1000
Min Deposit
$1
Regulation
FSC (BVI), SVGFSA
Bonuses
PAMM
Trading contests
VPS
Segregated accounts
Compensation scheme
Affiliate program
Trading via API
Education
Copy trading
Webinar
Skrill
Wire transfer
Neteller

InstaForex is an international broker that provides trading services to traders globally. Since it was founded in 2007, InstaForex has provided for clients from various countries as many as 7 million traders. Based in Kaliningrad, Russia, InstaForex always attempts to improve the quality of the company in order to captivate the hearts of their clients.

Their hard work can be proven, one of which is by achieving a variety of awards, including Best Forex Cryptocurrency Trading Platform 2018 by UK Forex Awards, Best ECN Broker Asia 2018 by IBM, Forex Broker of the Year for Eastern Europe 2018 according to le Fonti Awards, Development, and Success award at Financial Olympus 2016-2017, etc.

There are 4 types of account offered by InstaForex representing a universal trading tool that help to work on international financial markets, such as Insta.Standard, Insta.Eurica, Cent.Standard, dan Cent.Eurica. Trading account types differ by the methods of accounting spreads and commissions, which are picked by the trader opening an account.

Insta.Standard account is relevant for standard trading terms on the Forex market and allows a trade to be settled with classical spread and with no fees. Traders will be charged a fixed spread every time they make a transaction. Spreads that are provided ranging from 3-7 pips. The main advantage of this type of accounts is its universality, as a trader can change the trading leverage and work with a deposit size convenient for traders.

Different from Insta.Standard accounts, Insta.Eurica accounts do not require payment of any spread on opening a deal. Therefore, this type of InstaForex account is suitable for beginner trader with a minimum transaction of 0.01 lots.

There are also other types of accounts InstaForex, namely Cent.Standard and Cent.Eurica which can be used for beginner traders because they can use the minimum transaction volume, which is 0.0001 lots (the cost per lot is USD0.1 cent). Deposit currencies that can be used by traders are EUR and USD (for all types of accounts).

Trading in InstaForex is quite a given as traders can choose to trade with leverage between 1:1 to 1:1,000. With a minimum initial deposit requirement of only USD1 (for all types of accounts), InstaForex clients have the opportunity to get a 30% to 100% deposit bonus.

Not only that, but beginner traders are also exempt from confusion in determining forex trading strategies. Because Instaforex provides ForexCopy services that allow traders to copy orders from professional traders in just a few minutes.

And then, there are around 300 trading instruments offered by InstaForex for traders. In addition to currency pairs, there are also futures, shares, gold, silver, CFDs, Bitcoin, and others.

Every InstaForex client is free to choose a trading platform that can be tailored to their needs. There are four types of trading platforms available, including InstaBinary, WebIFX, MetaTrader4, and MetaTrader5. Each platform has advantages and disadvantages. InstaForex also provides video tutorials on how to register on each platform. It aims to make it easy for beginner traders who want to join InstaForex.

If a trader still confused after seeing the video tutorials, traders can contact customer service available 24 hours connected to various social media, including email, Skype, Whatsapp, Telegram, Viber, Twitter, and Phone Call. On the InstaForex website, there are around 30 languages provided to facilitate traders from various countries.

The trader can also help themselves with trading calculators provided on the InstaForex website. Traders can accumulate currency pairs, Leverage, volume, and currency used.

The payment system in InstaForex is also diverse. Traders can pay deposits via Visa, Mastercard, Skrill, Neteller, PayCo, as well as Wire Transfer. All in all, InstaForex is a well-rounded broker for many types of traders.

 

2. Leverage

While risky, leverage has proven to help some traders in their endeavors. There is no problem with using a little leverage to get better trading results as long as it's used wisely. InstaForex trading conditions allow their traders to get leverage from 1:1 to 1:1000. With this feature, it's possible to place bigger positions with less trading capital.

 

3. Cent Accounts

Another thing to notice about InstaForex trading conditions is that they provide cent accounts. For information, a cent account is a type of trading account that allows traders to take smaller positions than micro lots. That means it's good for beginners since they can get lower trading risks. 

 

4. Swap Free

Swap rates can be a problem for some traders, especially those who keep their positions overnight. In fact, it's one of the reasons why most traders do not want to keep their positions open until the next day. The ability to get swap free is another thing that makes InstaForex worth the shot. Traders do not have to pay for an overnight position on any currency pair if they apply for InstaForex's Islamic account. More importantly, there are no commission fees charged to compensate for the overnight rates.

 

Should You Consider InstaForex?

When considering a broker, it's important to look at their features. In InstaForex, there are a lot of aspects that can help traders reach success including multiple trading platforms, supporting analytical features, guaranteed execution speeds, and various security measures. In addition to that, InstaForex trading conditions are also designed to ensure traders get the best experience while trading.

Where to Find the Information on the Official Broker Site?

  • This information is reported per Apr 16 2024.
  • We can not ensure if this offering is still available or remain the same in future.
  • The broker announcement page may or may not exist anymore, You may explore InstaForex homepage and try to find "Promotion" section on the menu, footer, etc, to ensure the availability and validity of this promotion.

 


InstaForex has been operating since 2007. With more than 15 years of experience, this broker provides access to over 300 trading instruments, complete trading packages that support all levels of traders, and various types of bonuses and trading contests.