Instaforex reviews

This 2020 forex broker review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers.

No deposit forex bonuses

The final grade is given based on instaforex FX broker performance and features. Spreads start from 3 pips

Instaforex

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Instaforex review

Latest updated information about instaforex

Reviewed broker: instaforex

Location: russia, 260 representative offices around the world

Interesting fact: 400 new traders register with instaforex daily.

Trading instruments: forex, gold and silver, cfds, binary options

Latest awards received by the broker:

Best forex broker central and eastern europe 2020 by international business magazine

Most active broker in asia 2020 by atoz markets forex awards

The best forex broker eastern europe 2019 by international business magazine

Why choose instaforex?

300+ trading instruments

Forexcopy system

PAMM system

Cryptocurrency trading

Binary options

Deposit bonuses from 30% to 100%

Market analysis

Contests

7 000 000 clients

Lamborghini for clients

Leverage

Deposit and withdrawal

Trading platform: metatrader 4, metatrader 5, webtrader

Segregated accounts for clients funds: yes

Unlimited forex demo account for free

Instaforex review : accounts, payments methods and trading conditions

Account types: insta.Standard, insta.Eurica, cent.Standard, cent.Eurica

Comparison and review of account types

insta.Standard	insta.Eurica	cent.Standard	cent.Eurica
deposit currency	EUR, USD	EUR, USD	USD cents, EUR cents	USD cents, EUR cents
minimum deposit	1 USD	1 USD	1 USD	1 USD
maximum deposit	no limit	no limit	1000 USD	1000 USD
spreads	3-7	0	3-7	0
fee	0	0.03%-0.07%	0	0.03%-0.07%
minimal trade	0.01 of the lot	0.01 of the lot	0.10 of the lot (equivalent of 0.0001 market lot)	0.10 of the lot (equivalent of 0.0001 market lot)
maximal trade	10000 lots	10000 lots	10000 lots	10000 lots
leverage	1:1-1:1000	1:1-1:1000	1:1-1:1000	1:1-1:1000
margin for locks	25%	25%	25%	25%
margin call	30%	30%	30%	30%
stop out	10%	10%	10%	10%
interest rate	5%	5%	5%	5%

Note: eurica accounts are ECN with 0 spreads and trading fee starting at 0.03%

Islamic swap-free accounts: available

Minimum deposit requirement: $1

Payment methods: rbkmoney, qiwi, skrill, neteller, yandex.Money, Z-payment, visa cards, mastercard cards, bitcoin and bank transfers

There are no limits to withdrawal. You can always request the withdrawal of any remaining amount on your trading account.

Micro forex trade size: 0.0001

Spreads start from 3 pips

Maximum leverage up to 1:1,000

Social trading: yes, forexcopy system

Educational material: forex analytics, instaforex TV, training courses, video tutorials

VPS hosting: free for deposits above $5,000

Instaforex review : trading platforms

FEATURES OF MT4

FEATURES OF MT5

MQL5 – the new generation programming language for designing expert advisors and indicators

Buy stop limit and sell stop limit orders can now be placed without the help of expert advisors, in order to achieve a double bounce

Ready-made trading advisors, indicators and scripts available from the in-built online store

OUTSTANDING MULTITERMINAL

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 runs on the MS windows OS.

INSTABINARY AND WEBIFX

Instabinary and webifx ensure comfortable and successful trading. One of the main advantages of such web platforms is that they do not require any extra plug-in and are compatible with any operating system. A client can trade from any spot in the world. The only condition is access to the internet.

Instaforex review : learning material and latest promotions

100% bonus

55% bonus

30% bonus

Instaforex club bonus

Chancy deposit

Contests: one of the current promotion is “win lamborghini from instaforex”, where traders have a chance to win luxury sports car. The raffle will be held on 20 th december 2020. Traders with account balance above $1,000 are welcome to register. Other contests include: instaforex sniper, great race, real scalping, miss insta 2017, chancy deposit, lucky trader, one million option, rally FX-1, free devices

Instaforex club: offers range of privileged options, special bonuses

Customer support: available 24/7 via email, phone, online chat

How was the rating of instaforex performed compared to other brokers?

This 2020 forex broker review has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on instaforex FX broker performance and features.

Overall our online instaforex review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online freshforex or you find inaccurate details instaforex broker review please get in touch with us and the changes will be applied.

Instaforex reviews

29 • average

Write a review

Reviews 29

Good broker

Hi guys,
I never write reviews.
I have used AVATRADE | XM | INSTAFOREX | . But I felt like I needed to for this company. They are hands down one of the best out there. They offer one of the most services for a forex broker. I’ve been using them since 2018 I have 61 referred clients, I have used the PAMM system, I have withdrawn from commission account, I have transferred funds via the internal wallet I have deposited and withdrawn via a debit card. I have clients who have deposited via USDT. They do not always reply within 24 hours via email which I learned to accept. But they offer a whats app chat incase you need help and want a quicker reply, usually get a reply within 3 hours of message being sent. OR feel free to DM that page requesting my personal page and I’ll happily send you proof ive been with these guys for over 2 years now. As with the best things in life you need PATIENCE! Also read your terms and conditions this will stop you from being so angry at people who work in this company because you failed to read the terms.

Fruad company

This broker is one of the fraudulent broker.. Don’t go through this broker. I uploaded documents for verification and they accepted level 1 and level 2 verification after that I deposited amount and amount has been debited from my account but now they are saying your second level of verification is rejected and your amount will be credited after verification and ask utilities bill or bank statement (bank statement is also with stamp and signature). I don’t have utility bill and I am out of city for few months and how can I get bank statement with stamp and signature? It is fully fruad

I am proud to say that I am achieving…

I am proud to say that I am achieving 200-350 profits per month using their MT4 platform.
I am planning to join forexcopy soon so wish me luck! Happy trading to everyone :)

Big scam,my trade go more than 20pips…

Big scam,my trade goes more than 20pips in profit and will still be in 0.20

This is truly one of the bestthis is truly one of the best sites in the world where I work. I live in iran and I am proud that there are such sites that help people in the community. I really thank th

This is truly one of the best sites in the world where I work. I live in iran and I am proud that there are such sites that help people in the community. I really thank the instaforex site

It's amaze me they are still in the market

I really didn't expect they are still in the market. I think I trade with them many years ago. But some negativity regarding withdraw and I have no problem with that because my account under some introducing broker. Their downside are definitely about their spreads. If you ask me if they are real, probably yes because they always have some promotional events in our country. There are better choices out there in my opinion.

Hi gays! Few words about instaforex

Hi gays! Throughout the years that I have been trading with instaforex they have proven me that they are worthy of my trust. I have seen and experienced how much they care for their client and provide the services I need and I am very grateful to my friend who invited me to trade with instaforex, it has been a great help for my financial needs.

Thank you for your comment. Your opinion is very important.

Instaforex is a scam broker

Instaforex is a scam broker, I have tried many times to make a withdrawal, they have refuse to approve my documents, for over 6 months now I can't have my money, so I dicided to continue trading, their system is wired, when you are making profit they disturb your account with one way or the other, they make thier system not to respond to trading, you can't take profit, or place a trade for a while,. When you ask the support system to close trades for you, they make sure you stay at the lossing end before trades are closed, I can't continue because the whole system is a big scam and they all are connected to it

We are sorry to hear you experienced some problems while using our system. Be sure we treat our customers wisely and do our best to make their cooperation with us as comfortable as possible.
Also, please be informed that instaforex is a regulated broker and has some obligations to follow set as by regulator, as by the banks. To make the situation more clear and let you know we are always here for you, kindly provide us your trading account number. We'll look at it and reply to you either here or via email.

Do not hesitate to contact us again should you have other issues or problems.

They have too many bad rules during…

They have too many bad rules during trading, like 1+ minute so they'll consider your position legitimate. Not a good trader for scalper because of this exact matter + their spread isn't so good compared to many other brokers. Their license for arab countries won't protect you when things goes wrong with them.

We are sorry to hear you had a bad experience with us. First of all, we'd like to remind you that instaforex is a licensed broker and is always under the control of authorities.
Secondly, can you specify the exact problem you faced or maybe provide your trading account number so that we could get more details regarding the issue? We definitely understand your concern but would like to analyze the situation and help you get the info more clear.

Real bonuses

I remember back when I was still looking for a forex broker to deal with. There are a huge number of brokers lurking around and it was difficult to choose. But then instaforex stood out among the crowd through their promo campaigns. The bonuses and rewards that they offered were truly enticing. What’s impressive is that these bonuses are not only for attraction. This broker stays true to its promises and really gives the bonuses.

My first no deposit bonus

I started trading with instaforex using their no deposit bonus from 2016 and it was a great opportunity for me to trade not using just their demo but also trade using the live account. At first I am having difficulties on how to trade, I could not get bonus and not even earn some profits but thanks to my friends who helped me. They taught me all the strategies soi can make profit. Nowadays, I trade with USD pairs which is easier for me and I also use the market analysis in helping me about the market conditions. As I remember, the last deposit of $150 that I made via e-payment card was no hassle and also via withdrawal too. The process doesn't take long and it is only done up to 24 hours. There is no hidden commision which is a great! So what I am saying is that instaforex broker's payment is smooth and reliable in the forex market with stable service and the satisfied trading conditions. If you will encounter a problem with your trading, their customer service is always available online, it's just easy! Just click their online support and an official representative will talk to you right away and will help you as much as they can! Till now I have a nice experience with instaforex broker!

Nice PAMM system!

Good PAMM service!
I'm thrilled with the results.

Good broker

I’m really happy I found you guys :)

Best startup bonus

Instaforex gives me so much hope during this pandemic crisis. The 1000 US dollars startup bonus helps me trade without an initial deposit. I managed to earn some profits, and already replenished my trading account 5198770 thru skrill on the 10th day of may. I received the money instantly. Soon, I am going to withdraw my earnings!

Good service for making money

The forex copy service is great!

Very good customer support

Very nice broker

Very nice broker. Good working and withdrawal conditions.

Do not believe a word

Do not believe a word. I am ill and for this reason do not work. They got calls and still persuaded to take a loan and make a deposit. The result is neither analyst nor money. Don't believe

Absolute scam,took me months before I…

Absolute scam,took me months before I could get my investment back,

Instaforex review

Instant trading EU ltd

Also instaforex.Eu

Instaforex is a forex broker. Insta forex offers the MT4 and MT5 trading currency platforms. Instaforex.Com offers over 105 currency pairs, bitcoin, cryptocurrencies, shares, oil, gold, silver and cfds for your personal investment and trading options.

2018-08-02: cysec had fined instant trading EU (one of the companies behind instaforex and forexmart) €130,000. The fine was for non-compliance with article 36(1) of the law, as it did not act fairly, honestly and professionally in accordance with the best interests of its clients and also for non-compliance with article 36(1)(d) of the law and paragraphs 15 and 16 of the directive, as it failed to ask clients to provide the necessary information regarding their knowledge and experience, to assess whether the investment service or product is appropriate is appropriate for them.

CLICK HERE to confirm.

Scam alert!

The FPA has confirmed a scam case against instaforex.

Click here to read what happened.

Scam alert!

Instaforex is hereby blacklisted by the forex peace army. We urge traders not to open accounts with insta forex. If you already have an account open with them, we urge you to withdraw all of your funds immediately. If instaforex refuses to process your withdrawal, we recommend contacting your bank and local police to see if you can file charges for internet-based financial fraud.

2011-01-26: the CFTC filed a lawsuit against 14 offshore forex brokers, including instaforex. CLICK HERE to verify.

Need more info?
Read and ask HERE .

Broker details

deposit methods:

bank wire, VISA, mastercard, alipay, american express, bitcoin, diners club, JCB, litecoin, local bank deposits, local bank transfers, payco, unionpay, wechatpay

withdrawal methods:

bank wire, VISA, mastercard, alipay, american express, bitcoin, diners club, JCB, litecoin, local bank deposits, local bank transfers, payco, unionpay, wechatpay

Live discussion

Join live discussion of instaforex.Com (.Org) on our forum

Video

Let other traders know if this service is worth checking or should be avoided.

Traders reviews

Length of use: 6-12 months

I deposited my money with this shit broker. My trades where always at a loss, and if it manages to show blue is just for some seconds and the market will suddenly become very slow. But when its showing red, the market begins to move very fast. I wondered what problem really was until I started placing trades simultaneously on another broker. That was when I discovered instaforex was manipulating their platform.

I later tried to withdraw my funds to no avail. Everything about them is a scam

Length of use: 6-12 months

Instaforex took my profit 8.5k. They claimed that the profit 8.5k was made from 900usd usd bonus given during my initial deposit 3k usd.
They took my profit clause 11. Fyi, my fund manager did not inform about clause 11 impact if i took 30% bonus.

Instaforex is an unethical company.

My son committed suicide because of instaforex.

They were confiscated illegally for his son's profit of $ 7000.

My son was recording all $ 7000 transactions.

I requested payment by september 26th.

If instaforex does not pay, i will sue instaforex yes.

If you are not paid, write your email address here.

People who were in the same damage!

Frequently asked questions

Is instaforex a good and legitimate company?

Instaforex has been fined by cysec for several reasons, including that "it did not act fairly, honestly and professionally in accordance with the best interests of its clients."

Instaforex has been sued by the US CFTC. Instaforex has been the subject of warnings by at least 4 other government regulators around the world.

The FPA does not consider instaforex.Com, instaforex.Eu or any related site to be a good or legitimate company.

Can I withdraw an instaforex bonus?

Getting bonus money or else profits from a bonus at instaforex is not always easy. Even if a trader follows all the rules, instaforex can accuse a trader of cheating, cancel the bonus, and confiscate all profits. Instaforex can do this without presenting any evidence.

In 2008, two FPA members were accused of cheating while using an instaforex bonus. Instaforex not only removed the bonus, but also confiscated the profits that both traders had made. Instaforex's representative to the FPA promised to provide evidence to back up this cheating accusation. She never provided a single piece of evidence. Instead, she just kept emailing her claim that they cheated and said that her repeated unsupported claims of cheating qualified as proof of cheating. The FPA does not consider repeating an accusation dozens of times to be evidence that the accusation is true. The clients were never paid for the profits instaforex took from their accounts.

Even without a bonus being involved, it is possible for instaforex to confiscate profits based on an unsupported accusation of cheating.

The FPA is not surprised that cyprus fined instaforex for being unprofessional, unfair, and dishonest in dealing with its clients. The FPA is only surprised that it took so long before this was done.

Is instaforex regulated?

Even in march of 2020, instaforex.Com's website still claimed that the instavector branch of the company is registered with the russian federal financial markets service. The FFMS was disbanded in 2013 .

Instaforex was regulated in belize. It is not regulated there any more. Some people claim that the belize IFSC threw instaforex out. Instaforex claims they voluntarily gave up being regulate there.

Instaforex is regulated by cysec in cyprus. Instaforex has also been fined by cysec for being dishonest and not acting in the best interests of its clients.

Outside of europe, instaforex is regulated by the BVI FSC, which is not known for being a very strict regulator.

Instaforex is also registered with the SVG FSC, which specifically does NOT regulate forex, binary, or crypto trading.

Instaforex reviews

29 • average

Write a review

Reviews 29

Good broker

Fruad company

I am proud to say that I am achieving…

I am proud to say that I am achieving 200-350 profits per month using their MT4 platform.
I am planning to join forexcopy soon so wish me luck! Happy trading to everyone :)

Big scam,my trade go more than 20pips…

Big scam,my trade goes more than 20pips in profit and will still be in 0.20

This is truly one of the bestthis is truly one of the best sites in the world where I work. I live in iran and I am proud that there are such sites that help people in the community. I really thank th

This is truly one of the best sites in the world where I work. I live in iran and I am proud that there are such sites that help people in the community. I really thank the instaforex site

It's amaze me they are still in the market

Hi gays! Few words about instaforex

Thank you for your comment. Your opinion is very important.

Instaforex is a scam broker

Do not hesitate to contact us again should you have other issues or problems.

They have too many bad rules during…

Real bonuses

My first no deposit bonus

Nice PAMM system!

Good PAMM service!
I'm thrilled with the results.

Good broker

I’m really happy I found you guys :)

Best startup bonus

Good service for making money

The forex copy service is great!

Very good customer support

Very nice broker

Very nice broker. Good working and withdrawal conditions.

Do not believe a word

Do not believe a word. I am ill and for this reason do not work. They got calls and still persuaded to take a loan and make a deposit. The result is neither analyst nor money. Don't believe

Absolute scam,took me months before I…

Absolute scam,took me months before I could get my investment back,

Instaforex review

Instaforex is a well-established broker since 2007. Instaforex has a headquarter in russian federation. It is are generally well-suited for instaforex to provide their forex/CFD trading services to global clients.

Simple yet detailed information upon this broker can be seen below.

Features

Interest rate on funds

Islamic accounts available

Account information

This broker offers insta.Standard, insta.Eurica, cent.Standard and cent.Eurica. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by instaforex is up to 1:1000. Meanwhile, you can open an account with a starting capital of $1

If you want to look for further information about this broker's offered account(s), please take a look at the list below.

Minimum position 0.01 lot

Overnight interest rates (swaps)

Instruments traded

Besides lots of currency pair, instaforex also offers some instruments you would like to trade on, such as forex, gold & silver, CFD, binary options and cryptocurrencies for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.

Cryptocurrencies
1:3

Minimum position 0.01 lot

Overnight interest rates (swaps)

Instruments traded

Cryptocurrencies
1:3

Minimum position 0.0001 lot

Overnight interest rates (swaps)

Instruments traded

Cryptocurrencies
1:3

Minimum position 0.0001 lot

Overnight interest rates (swaps)

Instruments traded

Cryptocurrencies
1:3

Payment methods

Bitcoin : as a payment method, bitcoin is reliable for its low cost and quick process. Brokers have been integrating bitcoin as one of their funding methods especially after the cryptocurrency's rise in popularity. Now, traders who have digital wallets can easily transfer their funds to and from their trading accounts.

Neteller : like paypal, neteller is one of the most popular online payment services today. Due to this popularity, nearly all forex brokers accept neteller as a payment method for their clients' fund deposit and withdrawal. Although the neteller system is available almost all over the world, it remains particularly popular in europe.

Skrill : mostly, all forex brokers provide skrill as an online payment service option. Fast, easy, and safe transactions are the main reasons why traders using this method. Traders can use skrill to fund their trading accounts with either payment cards, bank wire transfers, or directly from a skrill e-wallet account.

Wire transfer : wire transfer is the most commonly used payment method. Nearly all brokers in the world provide this method on their service. The reason is wire transfer is basically traditional transfer between banks in the worldwide. So, this method is guaranteed for its safety. This really helps traders who avoid third-party payments or don't have credit cards.

Instaforex also provides payment with alipay, credit/debit cards, litecoin, SOFORT, tether (USDT) and unionpay

Trading platforms

Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.

Hereby, instaforex offers you metatrader 4 and metatrader 5.

Customer support

Do you have any question or find any trouble related to instaforex? If you do, you should reach instaforex's support to get the information that you need. Here is the detail of the broker's customer support:

Extensive review

Instaforex is an international broker that provides trading services to traders globally. Since it was founded in 2007, instaforex offers 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).

Instaforex provides many variants of leverage, which gives traders a big chance to get more profit. Clients are provided 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 rounded broker for many types of traders.

Instaforex

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Instaforex review

Latest updated information about instaforex

Reviewed broker: instaforex

Location: russia, 260 representative offices around the world

Interesting fact: 400 new traders register with instaforex daily.

Trading instruments: forex, gold and silver, cfds, binary options

Latest awards received by the broker:

Best forex broker central and eastern europe 2020 by international business magazine

Most active broker in asia 2020 by atoz markets forex awards

The best forex broker eastern europe 2019 by international business magazine

Why choose instaforex?

300+ trading instruments

Forexcopy system

PAMM system

Cryptocurrency trading

Binary options

Deposit bonuses from 30% to 100%

Market analysis

Contests

7 000 000 clients

Lamborghini for clients

Leverage

Deposit and withdrawal

Trading platform: metatrader 4, metatrader 5, webtrader

Segregated accounts for clients funds: yes

Unlimited forex demo account for free

Instaforex review : accounts, payments methods and trading conditions

Account types: insta.Standard, insta.Eurica, cent.Standard, cent.Eurica

Comparison and review of account types

insta.Standard	insta.Eurica	cent.Standard	cent.Eurica
deposit currency	EUR, USD	EUR, USD	USD cents, EUR cents	USD cents, EUR cents
minimum deposit	1 USD	1 USD	1 USD	1 USD
maximum deposit	no limit	no limit	1000 USD	1000 USD
spreads	3-7	0	3-7	0
fee	0	0.03%-0.07%	0	0.03%-0.07%
minimal trade	0.01 of the lot	0.01 of the lot	0.10 of the lot (equivalent of 0.0001 market lot)	0.10 of the lot (equivalent of 0.0001 market lot)
maximal trade	10000 lots	10000 lots	10000 lots	10000 lots
leverage	1:1-1:1000	1:1-1:1000	1:1-1:1000	1:1-1:1000
margin for locks	25%	25%	25%	25%
margin call	30%	30%	30%	30%
stop out	10%	10%	10%	10%
interest rate	5%	5%	5%	5%

Note: eurica accounts are ECN with 0 spreads and trading fee starting at 0.03%

Islamic swap-free accounts: available

Minimum deposit requirement: $1

Payment methods: rbkmoney, qiwi, skrill, neteller, yandex.Money, Z-payment, visa cards, mastercard cards, bitcoin and bank transfers

There are no limits to withdrawal. You can always request the withdrawal of any remaining amount on your trading account.

Micro forex trade size: 0.0001

Spreads start from 3 pips

Maximum leverage up to 1:1,000

Social trading: yes, forexcopy system

Educational material: forex analytics, instaforex TV, training courses, video tutorials

VPS hosting: free for deposits above $5,000

Instaforex review : trading platforms

FEATURES OF MT4

FEATURES OF MT5

MQL5 – the new generation programming language for designing expert advisors and indicators

Buy stop limit and sell stop limit orders can now be placed without the help of expert advisors, in order to achieve a double bounce

Ready-made trading advisors, indicators and scripts available from the in-built online store

OUTSTANDING MULTITERMINAL

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 runs on the MS windows OS.

INSTABINARY AND WEBIFX

Instaforex review : learning material and latest promotions

100% bonus

55% bonus

30% bonus

Instaforex club bonus

Chancy deposit

Instaforex club: offers range of privileged options, special bonuses

Customer support: available 24/7 via email, phone, online chat

How was the rating of instaforex performed compared to other brokers?

Instaforex review

Simple yet detailed information upon this broker can be seen below.

Features

Interest rate on funds

Islamic accounts available

Account information

If you want to look for further information about this broker's offered account(s), please take a look at the list below.

Minimum position 0.01 lot

Overnight interest rates (swaps)

Instruments traded

Cryptocurrencies
1:3

Minimum position 0.01 lot

Overnight interest rates (swaps)

Instruments traded

Cryptocurrencies
1:3

Minimum position 0.0001 lot

Overnight interest rates (swaps)

Instruments traded

Cryptocurrencies
1:3

Minimum position 0.0001 lot

Overnight interest rates (swaps)

Instruments traded

Cryptocurrencies
1:3

Payment methods

Instaforex also provides payment with alipay, credit/debit cards, litecoin, SOFORT, tether (USDT) and unionpay

Trading platforms

Hereby, instaforex offers you metatrader 4 and metatrader 5.

Customer support

Extensive review

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.

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

Instaforex reviews

29 • average

Write a review

Reviews 29

Good broker

Fruad company

I am proud to say that I am achieving…

I am proud to say that I am achieving 200-350 profits per month using their MT4 platform.
I am planning to join forexcopy soon so wish me luck! Happy trading to everyone :)

Big scam,my trade go more than 20pips…

Big scam,my trade goes more than 20pips in profit and will still be in 0.20

This is truly one of the bestthis is truly one of the best sites in the world where I work. I live in iran and I am proud that there are such sites that help people in the community. I really thank th

This is truly one of the best sites in the world where I work. I live in iran and I am proud that there are such sites that help people in the community. I really thank the instaforex site

It's amaze me they are still in the market

Hi gays! Few words about instaforex

Thank you for your comment. Your opinion is very important.

Instaforex is a scam broker

Do not hesitate to contact us again should you have other issues or problems.

They have too many bad rules during…

Real bonuses

My first no deposit bonus

Nice PAMM system!

Good PAMM service!
I'm thrilled with the results.

Good broker

I’m really happy I found you guys :)

Best startup bonus

Good service for making money

The forex copy service is great!

Very good customer support

Very nice broker

Very nice broker. Good working and withdrawal conditions.

Do not believe a word

Do not believe a word. I am ill and for this reason do not work. They got calls and still persuaded to take a loan and make a deposit. The result is neither analyst nor money. Don't believe

Absolute scam,took me months before I…

Absolute scam,took me months before I could get my investment back,

Instaforex review

Instaforex

Leverage: 1:30 | 1:1000

Regulation: cysec, FSC BVI

Min. Deposit: 0 $

HQ: cyprus

Platforms: MT4, webtrader, mobiletrader

Found in: 2007

Instaforex licenses

Instant trading EU ltd - authorized by cysec (cyprus) registration no. 266/15

Instant trading ltd (BVI) - authorized by BVI FSC registration no. SIBA/L/14/1082

Insta global ltd. - authorized by FSC (saint vincent) registration no. IBC24321

What is instaforex?

Awards

Is instaforex safe or a scam?

Leverage

Accounts

Fees

Instruments

Deposits and withdrawals

Trading platform

Customer support

Education

Conclusion

What is instaforex?

Instaforex brings a solution from the world’s leading developers allowing you to perform trading facilitated through the largest counteragents providing direct access to the market.

Instaforex was established in 2007 with its headquarters in limassol, cyprus yet serves clients worldwide and at the moment number of traders who choose instaforex exceeds 7 million, which is an impressive number.

General instaforex priority is to provide a wide range of services while at any stage trader is rightfully treated. Along with the great technical solutions, one of the best trading conditions among the market offering and other advantages, the broker brings a personal approach to each client with comprehensive educational and customer support services.

Pros	cons
recognized and regarded broker worldwide	conditions and trading costs may vary according to entity regulations
numerous deposit methods and low deposit requirement
professional education and analysis
wide range of instrument available including forex and CFD cryptos
professional platform with advanced tools based on MT4 and MT5

10 points summary

�� headquarters	cyprus
��️ regulation	cysec, BVI FSC, FSC
�� instruments	over 100 currency pairs, derivatives of 34 US stocks cfds and futures, commodities, tick trades, cryptocurrencies
�� platforms	mt4, MT5, webtrader
�� demo account	free practise account
�� minimum deposit	0 $
�� EUR/USD spread	from 0.8 to 3 pips
�� base currencies	EUR, USD
�� education	professional education, analysis and research tools
☎ customer support	24/7

Awards

Besides, instaforex takes a very active part in various worldwide sponsorships or social events. Among the former and current partners of instaforex are borussia dortmund liverpool FC, dragon racing, dakar rally, ole einar bjorndalen (olympic champion of biathlete), daria kasatkina (tennis rising star) and other prominent athletes and sports teams.

Is instaforex safe or a scam?

Pros	cons
license from european cysec and ESMA regulations	not listed on stock exchange
global expand via BVI and SVG FSC authorization	offshore regulations
cross border licenses and global offering coverage
negative balance protection applied
financial ombudsman service
coverage from investor compensation fund

Is instaforex legitimate?

Instaforex operating through several licenses in several jurisdictions, which guarantees its compliance to international protective laws and coverage of traders. Instant trading EU ltd is fully licensed by cysec, cyprus authority that conducts operational standards for financial investment firms within cyprus and european zone respectively.

Along with the main license, the broker serves additional entities in offshore zones, in BVI registered by FSC and saint vincent and the grenadines. Even though we do not recommend trading with offshore brokers only, additional regulations from europe provide necessary guidelines complied with safety measures.

How are you protected?

Therefore, according to the regulations and instaforex license, it operates under full requirements and strict rules, which includes numerous security and transparency obligations. Thus, all clients funds are kept in segregated accounts, along with participation in compensation schemes in case of insolvency and with the secure trading environment.

Leverage

While trading with instaforex you are able to operate with fixed or floating leverage, while this powerful tool may increase your potential gains timely due to its possibility to multiple initial account balance in a particular number of times. Yet remember that correct leverage should be set to various instruments, as it may increase your potential losses as well.

Instaforex leverage is determined by various measures and firstly set according to the regulatory requirements in the region or another.

So if you would like to operate under higher leverage ratios like 1:400, 1:500 or even 1:1000 you may open an instaforex account under their global entities allowing such high leverage levels.

In case you are a resident of europe or trading with the european entity of instaforex automatically you will comply to ESMA regulation, which lowered leverage to the maximum ratio of 1:30 on forex instruments, 1:25 spot metals, etc.

Accounts

The default parameters of the trading instaforex account are set to an MT4 platform, leverage of 1:200 (1:30 in case of european trader), along with the use of USA2 server and USD as a basic currency.

Yet these conditions depending on the entity regulatory obligations and settled according to applicable demands, so be sure to verify those as per your residency.

Pros	cons
fast digital account opening	none
single account for live trading
separate account for investing in stocks, etfs
free practice demo account

Account types

Instaforex offers a wide choice of trading account types, yet regardless of the jurisdiction, standard and eurica accounts are available.

On standard account costs are fixed spreads of 3 pips on majors offered, while eurica accounts offer zero spreads and inbuilt its costs into fixed commissions which are paid after a deal is closed. Which means, this way, the bid price equals to the ask price on eurica accounts.

What is more, the european entity offers three additional account types: ECN, ECN pro and scalping. These accounts are characterized by market execution and floating spreads starting from 0.8 pips , or in case you wish to trade through cents account and swap-free trading it is available too.

How to open demo account

It is not a complicated procedure to submit and sign for a practise account known as demo account, which is recommended to open at the very beginning. You can simply follow the account opening link above in our instaforex review and proceed with the opening.

Pros	cons
available options between floating and fixed spread only or commission charge	fees for some instrument might be high
islamic accounts	cent account fees are hi
low and average CFD fees
no additional costs or commissions
stocks free trading

Our find on CFD fees

For the trading costs themselves, the broker offers a range of various floating spreads depending on the technology you use. Also, according to the preferences you select through your account area there are options to choose the fee method and use either spread or commission basis.

See below comparison on some popular instruments and instaforex spread, as well compare fees to another popular broker FXTM.

As well, always consider rollover or overnight fee as a cost, which is about –1.15 for short positions on eur/usd and 0.3 on long ones, which are held longer than a day. But keep in mind that islamic accounts with swap-free features are available at request and are free.

Comparison between instaforex fees and similar brokers

asset/ pair	instaforex fees	FXTM fees	avatrade fees
EUR USD	3 pips	1.5 pips	1.3 pips
crude oil WTI	5 pips	9 pips	3 pips
gold	1.3 point	9	40
BTC USD	75	29	0.75%
inactivity fee	yes	yes	yes
deposit fee	no	no	no
fee ranking	low, average	high	average

Trading instruments

The instaforex provides access to the global markets including ECN trading through a variety of trading instruments, which includes 107 currency pairs, derivatives of 34 US stocks cfds and futures, binary options, as well commodities gold and silver.

The company regularly updates the trading list, thus clients of instaforex were among the first ones to trade bitcoin and cfds on facebook and twitter.

Deposits and withdrawals

Once you open account with instaforex you will gain access to online account management area where all money transaction and management is done.

Pros	cons
fast digital deposits, including bitcoin and credit cards	withdrawal fee may be applicable due to regional laws
small first deposit	methods may vary according to entity
multiple account base currencies
0$ deposit fee
withdrawal requests are processed within one working day on average

Deposit methods

Instaforex brings convenient ways of depositing and withdrawing money that includes most common payment methods and some popular ones alike

Payco,

Bitcoin via skrill,

Sofort,

B2binpay

What is the minimum deposit on instaforex?

What is also amazing, there is no minimum deposit amount, which allows you to start even from 1$. However, always make sure to check the desired instrument to trade, as various assets require different margins to be covered.

Withdrawal methods

Withdrawals are performed through the same manner as the deposit was done and along with that, instaforex covers some fees for money transfers, bringing a possibility not to worry about extra charges on payments. Nevertheless, always contact customer service and verify conditions according to your country rules.

Trading platforms

What is fantastic in instaforex is their execution that provides rapid speeds performed via 10 trading servers with technical safety at the bank level, and that is in addition to numerous investment and trading options.

Pros	cons
user friendly trading software	none
mainstays at the popular metatrader 4 and 5
versions for web, mobile and desktop trading
app for ios and android
fee report
available of various languages

Web platform

The platform offering itself includes the most powerful currently available platform – MT4 and MT5 along with multiterminal and compatibility with any device. Instaforex was among the first ones who offered MT5 platform to their clients, however still mainstays at MT4 since the platform offers various settlements with the ability to always monitor account activity and receive notifications.

Web platform offering easy access via any internet browser, however for advanced analysis and drawing tools we would recommend installing desktop version.

Desktop platform

Thus, instaforex metatrader4 as an industry-leading program which enables online forex, CFD or futures trading, and features everything needed for a trader to monitor the financial instruments or analyze markets technically.

Numerous trading tools bringing trading to another, more professional level, along with free VPS hosting, an allowance to trade through any strategy either using eas, scalping or hedging, also with solutions for money managers and through PAMM accounts and apis.

Placing order

Tick trades

Clients of instaforex can also conduct tick deals right through a web-browser with the help of its unique instatick trader platform. Featuring an intuitive interface, this platform enables to benefit from price fluctuations within a stated period of time at ease and convenience. Yet, be sure to learn how to use the system smartly.

Customer support

One of the good thinks at instaforex is quality 24/7 customer service available via various service centers, over 260 offices and a trained customer support team.

Pros	cons
24/7 support through numerous multilingual representative offices	none
quick response
relevant answers
availability of live chat

Education

Also, one of the cores in instaforex businesses is to support traders with education and analytics designed by professionals where you will find not only education courses, videos, webinars and seminars but also comments and analysis provided on regular basis about the market situation.

This makes beginning traders feel very comfortable and supported, and of course, it is an essential part for trading success. Experienced traders also can enjoy materials and research tools provided and included into a trading platform or available online.

Pros	cons
comprehensive education center	none
multilingual education
demo account
numerous educational videos and webinars
instaforex TV
research tools and analysis

Forex contests

Furthermore, instaforex developed a range of contests and promotions that complement traders along with fantastic opportunities to gain valuable prices and that is besides precious experience. What is more, the trader can earn price trading through a demo account by taking part in instaforex contests and getting real prize money to a live trading account.

Conclusion

The instaforex review accomplished the broker who adheres to the highest levels of quality while working in accordance with the international laws and local standards in particular countries. Throughout the history of their operation, the firm shows rapid growth along with technology development, trading tools and overall offering to the client.

Instaforex base of around 7 million clients definitely impressive, yet shows their quality and reliability also. That vast number of traders found their best option to the trader with instaforex for the reason of their wide offering which includes tick trades and nowise cryptocurrency trading through the choice of most powerful and convenient platforms of MT4 or MT5.

That’s true that traders with a different level of trading experience can find their trading solution at instaforex, through PAMM or forexcopy systems allowing to invest and copy trading without spending loads of time to make a decision, or trader with any applicable to him personally strategy.

Nevertheless, let us know your opinion about instaforex, share your experience and do not hesitate to ask for additional information if necessary.

I’ve experienced a profitable trading platform with instaforex for a year, till now they provided high-quality service to me on MT4 platform. Really the fixed spread and fast execution awesome, as I prefer to trade instantly on live prices with enough liquidity on eur/usd, usd/cad, gold, silver, crude oil and different shears. Really excellent service which I got with instaforex.

Instaforex is truly a reliable broker. I started here as a newbie back in 2012. At that time, I had very little knowledge about forex trading. So I opened a demo account at instaforex. And although it was only a demo, I am still assisted by a representative and guided me in trading. Thanks to that, I was able to learn by practicing and I also found my trading style. After 6 months, I decided to open a live account and deposited $1000. I had no regrets and I’m still with them until now because I am fully satisfied. Through the many years I have been with them, I have seen how they kept improving their services according to clients’ satisfaction. As for the deposit and withdrawal transactions, it was always processed in 1-2 days.

Out of the many brokers existing now, I am fortunate enough to become a trader at instaforex. This is truly a reliable and just broker. There was one time when I withdrew an amount of $380 but only $280 was credited to my debit account. I contacted instaforex about it and they said that they transferred the right amount and it could have been a mistake in the bank. Then they initiated that they will be the one to settle it with my bank so as to not cause inconvenience to me. They really did settle it and the right amount was reflected in my balance. Then my bank representative sent me an apology. If it was another broker, they probably won’t bother to talk to the intermediary and will just tell me to ask the bank myself.

Russia-based forex broker instaforex has announced a new sponsorship deal with viswanathan anand, a former world chess champion. Viswanathan anand will be the brand ambassador of the company and will help the broker promote forex trading and education. In 2000, anand became fide world chess champion. 7 years later, his dream of life came true.

So, let's see, what we have: is instaforex a scam or legit read review of instaforex about trading conditions account types regulation user reviews bonuses news find comprehensive instafororex review before you open live account enter now! At instaforex reviews