Introduction to Instaforex
InstaForex broker was established in 2007 and at the time of the review had over 7,000,000 clients. This is an ECN broker offering over 200 assets across five asset classes. Over thirty analysts are employed, offering research to clients, and this broker was awarded over 30 industry awards since 2009.
Instant Trading Ltd (BVI) is licensed by BVI FSC, License Number SIBA/L/14/1082
Insta Service Ltd is registered with FSC Saint Vincent, Reg. Number IBC22945
Insta Global Ltd. registered in Saint Vincent, IBC24321
InstaVector, licensed by Federal Financial Markets Service, license No 039-11737-100000
Services are provided under InstaForex brand which is a registered trademark.
Most Active Broker in Asia 2020 by AtoZ Markets Forex Awards
InstaForex has received one more prestigious award. The company was recognized as the Most Active Broker in Asia by AtoZ Markets Forex Awards. The winner of this prize was chosen by AtoZ Markets. The voting took place during the period of January 20-February 20. The candidates were nominated according to scores based on such criteria as traders` polls, interviews of brokers, and information presented on brokers’ websites. The goal of the campaign is to assist traders and investors with the selection of a reliable Forex broker. The first list of AtoZ Markets winners was published in 2015. InstaForex has won a trophy during the time when the competition in the Forex industry is at all-time high. We appreciate traders for their acknowledgement and votes. InstaForex will continue to strive for providing best quality services for our clients in Asia and around the world.
The Best Forex Broker Eastern Europe 2019 by International Business Magazine
InstaForex is excited to announce that we finished 2019 on high, having won the Best Forex Broker Eastern Europe 2019 award by International Business Magazine. This award has been added to the list of the titles InstaForex obtained over the years, including "The Best Forexcopy Platform", "The Best ECN Broker", "The Best Managed Account", etc.
This prestigious award is an acknowledgement of the company's outstanding quality and excellence in the forex industry. When you choose to trade with us, rest assured that you are choosing to trade with the best possible trading terms and the best customer service.
The Best Broker in Asia 2019 according to Le Fonti Awards
InstaForex is an honorary award winner in the sphere of services. The company is recognized as the best Forex Broker in Asia according to Le Fonti Awards 2019.
Le Fonti Awards is an annual prize in the fields of commerce, banking, and brokerage services. The achievements of nominees are rated by the jury, consisting of more than a hundred TOP managers and experts. InstaForex has won Le Fonti Awards several times before. Annual recognition from the world’s leading experts confirms that the company is heading in the right direction and deserves to be trusted by its clients.
Instaforex Trading Conditions
Features of MetaTrader 4
- 9 time frames
- Variety of tools for technical analysis
- Online financial market news
- Automated trading
- Locked positions
- Wide choice of free indicators and advisors
- Creating your own indicators and advisors (MQL4)
- High security 128 bit encoding
- One click trading
- Trailing stop
Functional MetaTrader 5
- 21 time frames (MT4 only has 9)
- Depth of market (Level II pricing) and contract specifications
- MQL5 – the new generation programming language for designing expert advisors and indicators
- Automated quotes archive
- Advanced set of technical tools
- Fill Policy - a new field in the Order window
- Expiry dates for pending orders
- Ready-made trading advisors, indicators and scripts available from the in-built online store
Multiterminal allows working with several InstaForex trading accounts at once. Multiterminal is an ideal tool for traders who manage accounts of their clients.(Account Management).
The trading platform software installed on a PC runs under MS Windows operating system.
- Three interface layouts (classic, dashboard, charts)
- Convenient and uncluttered charts with analytical tools
- Tick charts and stream of orders
- All trading instruments available
- Latest news and analytics
- For all types of accounts
- Synchronization with the company’s other trading platforms
InstaTick Trader platform
- Platform customized for making tick trades
- 6-digit quotes
- InstaTick Trader can be accessed from a web browser without logging in the client area and installing an MT4 plug-in
- Simple and user-friendly interface
- For all types of accounts
InstaTick Trader is a trading platform tailor-made by InstaForex to make tick trades. Its key advantage is 6-digit quotes. This feature enables traders to boost profits because even minor fluctuations matter a lot in profit assessments. With InstaTick Trader, traders can make deals and monitor market developments in a web browser with no downloads required.
In order to start trading on demo account, you should:
- Open forex a demo account
- Get account number and password
- Download MetaTrader 4 and log in to it using the received data
- Start forex trading on demo account
Insta.Standard Trading Accounts
These types of accounts are relevant for standard trading terms on Forex market and function without fees. Once a trader gets access to all trading instruments he/she pays a fixed spread setting a trade.
Insta.Standard accounts work for all types of traders and allow a trade to be settled with classical spread and with no fees. The main advantage of this type of account is its universality, as often a trader can change the trading leverage and work with a deposit size convenient for him/her. The features of the account allow trading with Micro Forex (minimum deposit $1-10), Mini Forex (minimum deposit $100), and Standard Forex (minimum deposit $1000).
Insta.Eurica Trading Accounts
The account of this type does not require any spread to be paid at opening a trade. For most currency instruments of Insta.Eurica account type zero spreads are applied, due to this the BID price is always equal to the ASK price. It should be noted that the offered price runs higher than the BID price (on the basis of which a chart in the trading terminal is plotted) by half of the standard spread for a given trading instrument which is rounded up to its integral value due to some technical peculiarities of the MetaTrader 4 platform.
This account type is recommended for newbies because it is not necessary to take into consideration the spread in case of pending orders usage: a pending order is executed right when the price reaches its value if the spread equals to 0. Before GTC orders’ placing and market entrance there is no necessity to calculate spread influence on the position result, this makes technical analysis highly effective.
Aside from the fact that Insta.Eurica accounts allow the newbies to get the hang of the market using a simpler system of trades conducting, this account type can be also used by professional traders, because its trade characteristics are the same as of Insta.Standard account type.
Cent.Standard and Cent.Eurica trading accounts
Cent.Standard and Cent.Eurica account types are developed for beginning traders and oriented to those clients who just learn to trade, and for this purpose they need access to the minimal possible trade volume. Micro Forex is available with the lot volume of 0.0001 of the market lot (the lot price is 0.1 U.S. cents) and allows practicing almost without any risks for deposit. This type of account will suit well those who want to test trading strategies with minimal risks using the trade advantage of 0.0001 lot.
In addition to the smallest allowed trade volume - 0.0001 of the market lot - the owners of Cent.Standard and Cent.Eurica accounts have the same trading terms as Insta.Standard and Insta.Eurica. The only constraint here is the maximally allowed deposit size for cent group accounts of Cent.Standard and Cent.Eurica related to their directivity to the beginning traders. For more experienced traders it is recommended to open accounts of Insta.Standard and Insta.Eurica types which do not have any size constraints for maximal deposit and deal size.
Minimal trade size
The size limitation of the minimal trade equals to 1 lot ($1 per pip) for accounts of Standard and Eurica types with balance over $100,000 or its equivalent in other currencies.
USD, EUR, RUB accounts
To protect your funds from risks involving a decline in the US dollar exchange rate, you have an option to open an account in a different currency. Non-dollar accounts boost their weight with the rising account currency.
The swap-free service is developed for traders who use trading systems that do not allow for swaps. This type of service also applies to the group of clients who cannot use swaps based on their religious beliefs. That is why this account type is also referred to as Islamic. If you choose the swap-free system, all the rest trading terms applied to Standard and Eurica accounts will be the same.
InstaForex offers its clients a wide range of bonuses. They differ in size, conditions for receiving, and the use in trading. Remarkably, profits made with the use of bonuses can be withdrawn. The information on this page can help you to choose the bonus suitable for your trading strategy and deposit.
InstaForex Club Bonus
Below you can find a summary table of our bonuses. We have compared them based on the verification requirements, a possibility to withdraw, the maximum leverage, the stop out level, and other parameters. Please, analyze this information and choose the bonus that suits you best.
|30%||55%||100%||Club bonus||Coupon bonus*|
|Verification||Not required||Not required||Second level||Not required||Second level|
|Maximum bonus amount||Unlimited||Unlimited||Unlimited||Unlimited||50$|
|Crediting principle||For each new deposit||For each new deposit||For the first deposit only||For each new deposit||One time only|
|Compatible bonuses||InstaForex Club Bonus||None||None||30% Bonus||30% Bonus and 55% Bonus|
|Availability for new customers||Available||Available||Available||InstaForex Club members only||Available|
|Availability for multiple account holders||Available||Available||Available||Available||Available|
|Lots for bonus withdrawal||X*3 InstaForex lots, where X is the total amount of all bonuses received||X*6 InstaForex lots, where X is the total amount of all bonuses received||Unwithdrawable||X*3 InstaForex lots, where X is the total amount of all bonuses received||X*5 InstaForex lots, where X is the total amount of all bonuses received|
|PAMM investing||Available||50% only||Not Available||Available||Not Available|
|Options trading||Not Available||Not Available||Not Available||Not Available||Not Available|
Instaforex Payment Options
Does the company charge any fees for depositing money to your account?
The company does not charge any fees for depositing money to your trading account. However, your transaction amount will be charged with a commission by a payment system or a bank which credits or debits your account.
How long does it take to top up a trading account?
Depositing via Neteller is instant, while it takes Qiwi about 15 minutes to perform it. Yandex.Money needs about 3 hours; Visa and MasterCard cards, up to 24 hours according to the chosen payment method. Topping up via Skrill also takes up to 24 hours. Depositing your account in cash in our offices takes 1-4 hours. A bank transfer lasts up to 4 days.
How long does it take to withdraw money from a trading account?
Withdrawal via QIWI, MoneyBookers/Skrill and other online payment system takes 1-7 hours. Taking money by bank transfer takes 2-4 days. Money can be withdrawn from your Visa card in 1-6 bank days.
What is the minimum withdrawal amount?
There are no limits to withdrawal. You can always request the withdrawal of any remaining amount on your trading account. The exception includes bank wire (minimum amount for withdrawal is 300$). For wallets, electronic payment systems and bank cards - minimum amount for withdrawal is 1 USD, including commission. Also please pay attention to the commission which a bank can charge for an operation: up to 30 US dollars.