InstaForex is an online forex broker that was founded in 2007 and is regulated in multiple jurisdictions. You have a vast amount of markets to invest and trade with InstaForex as it offers 300+ trading instruments, including currency pairs, stocks, metals, commodities, and cryptocurrencies. InstaForex offers various well-known trading platforms like MetaTrader 4, MetaTrader 5, WebTrader, MultiTerminal, and InstaTick Trader.
Social and copy trading allows investors to choose from thousands of professional traders’ portfolios. The learning opportunities are endless with InstaForex as they provide up to date financial news, economic calendars, charts, and educational video tutorials.
InstaForex provide a wide range of brokerage services to cater for every client’s individual needs, offering seamless trading and investing services from account registration to fund withdrawal. The brokers forex trading conditions are rightfully considered to be among the best in the industry.
InstaForex provides a simple, secure, and transparent trading model. The ability to trade over 300+ assets on MT4, MT5 WebTrader, MultiTerminal, and InstaTick Trader provides a huge advantage to traders. The broker offers trading with exceptional trading conditions and minimal trading costs.
The broker has more than a decade of experience in providing trading services to millions of clients from all over the globe. Multiple funding options and various account base currencies make it easy for clients to deposit and withdraw funds. There is a very low $1 minimum deposit to start trading and free demo accounts are also available.
Here is a summary of the advantages and disadvantages of InstaForex.
- $1 minimum deposit to start trading
- MT4 and MT5 trading platforms
- In-house Trading Platforms
- 300+ trading instruments
- Excellent trading tools
- Tight spreads and low commissions
- Multiple funding options
- Multi-currency wallet
- Educational resources
- Demo accounts
- Islamic accounts
- Crypto funding and trading
- VPS Hosting
- Social Trading
- Copy Trading (PAMM)
- Fully digital account opening
- No inactivity fees
- 10 Trading servers (US, UK, EU, SG, HK)
- 24/7 customer support
- Withdrawal fees applicable
- No US investors
InstaForex provides you with a good range of more than 300+ financial instruments to trade and invest in the financial market. The trading instruments include forex, stocks, indices, commodities, cryptocurrencies, and futures. 300+ instruments mean you can enjoy plenty of options to diversify your investment risk, regardless of your interests. I think they have plenty of currency pairs for forex traders, but if you are looking for more non-fx instruments then you might want to consider RoboForex as they have over 12,000 instruments in total.
InstaForex Instruments Summary
Commission and Spread Fees
InstaForex have low trading fees, with spreads from just 0.0 pips. They have accounts that are suitable for scalping, active trading and running automated systems. Here is the summary of InstaForex trading fees depending on the account type that you opt for.
|Fee||Insta.Standard Account||Insta.Eurica Account|
|Commission (per standard lot per side)||$0||0.03%-0.07%|
Deposit and Withdrawal Fees
InstaForex does not charge any deposit fee, whatever the method you choose. However, while doing a wire transfer, some bank fees may involve.
You may be charged a system fee while transferring to the bank card in case of withdrawal. No fees are applicable while transferring between accounts. Other withdrawal modes incorporate variable bank fees, system fees, or transaction fees.
InstaForex does not charge an inactivity fee from its clients.
InstaForex offers various well-known trading platforms like MetaTrader 4, MetaTrader 5, and InstaTick Trader. In addition, InstaForex offers essential trading tools such as VPS, Social Trading, and PAMM. Besides this, it is also offering OYS accounts for passive investments. Let’s look at all of the trading platforms and tools in more depth.
MetaTrader 4 (MT4)
You can utilise the MetaTrader 4 Online platform’s full capabilities and user-friendly online interface. Discover the technical innovations in the multi-asset trading platform, including streaming and interactive charting, integrated trading techniques, and a completely configurable dashboard that can be installed easily on your PC. I think this platform is an ideal place to start for anyone who is interested in manual or automated trading online.
No additional plugins are necessary to trade from any browser or operating system with the web version of the platform. You may use your iPhone, iPad, or Android powered mobile device to access all of your favourite trading instruments. It is free to download the MT4 mobile trading app to effortlessly trade the world’s markets.
Here are the key features of MT4:
- Over 300+ instruments
- 9 timeframes
- Tools for technical analysis
- Online financial news
- Automated trading
- Locked positions
- Free indicators and advisors
- One-click trading
- Trailing stop
- VPS functionality
- Trading History
- MetaQuotes Marketplace
- PAMM accounts management (copy trading)
- Available on Desktop (Windows and macOS), Web browsers & Mobile Devices (Android and iOS)
MetaTrader 5 (MT5)
The MetaTrader 5 platform for PC or Mac provides real-time access to the most advanced interactive trading platform on the market. You can have access to a comprehensive set of technical analysis tools, as well as adaptable trading strategies. This platform is suitable for beginners as it is easy to navigate whilst there are plenty of built-in tools to satisfy professional traders and investors alike.
On both demo and real accounts, you may trade over 300+ instruments using any browser and the operating system powered by Windows, Mac, or Linux. There is no software to download or install to have immediate access to international marketplaces using the MT5 web platform. The modern and intuitive MetaTrader 5 Mobile App is optimised for Android and iOS and allows you to trade on the move. You can utilise all of the MT5 platform’s features while also enjoying the convenience of mobile trading.
Here are the key features of MT5:
- Over 300 Instruments
- 3 chart types and 21 timeframes
- 38 Technical Indicators
- 44 Graphic Charts
- 100 charts at once
- MetaEditor 5 allows custom scripts building
- Allows Single Login to the web, desktop, and mobile platforms
- Full support for expert advisors (EAs) and custom scripts and indicators
- Enables One-Click Trading
- All Order Types Supported (including additional 4 execution methods)
- More than 80 Technical indicators and Analytical Objects
- Scalping and Hedging Allowed
- Market Depth of Latest Price Quotes
- Available on Desktop (Windows and macOS), Web & Mobile Devices (Android and iOS)
The WebTrader trading platform was created by InstaForex and can only be used by the company’s clients. WebTrader allows investors to trade directly from their web browser, so they don’t have to download and install any software to transact.
You can do business anywhere and anytime. You will only need a device connected to the Internet, and it is set to go. WebTrader has many tools and features that will impress even more advanced traders.
It has the following advanced features:
- Three interface layouts
- Convenient and understandable charts
- Analytical tools
- Tick charts and stream of orders
- 300+ trading instruments available
- News updates and fresh forex analysis
- Available for all accounts
- Synchronised with other InstaForex trading platforms
Many people use the MultiTerminal because it is based on the MetaTrader 4 platform. It has the same functionality as the MetaTrader 4 platform. On this platform, you can do a lot of things at once.
With the MultiTerminal, people who trade can work on several accounts simultaneously. This is a useful tool for traders who take care of account management, such as when they care for their investors accounts. It just makes it much quicker and easier to manage everything in one place.
InstaTick Trader Platform
InstaTick Trader is an internal trading platform created by InstaForex. It is used for trading in the Forex market. It is used to carry out tick transactions which can be useful for those of you who are using trading strategies that rely on small tick movements.
Investors have more chances to trade based on small changes in prices that this platform can show. Just as with the other web based platforms, you can trade and keep tabs on the market in a web browser without downloading anything.
It has the following features:
- Beneficial for tick trades
- 6-digit quotes
- No need for any MT4 plugin
- Simple and user-friendly interface
- Available for all types of accounts
InstaForex offers VPS to its clients. Now you can keep track of your forex market transactions with this too. The uninterruptible power supply means that the server is always operational even if the main power supply fails. With this application, you can use any type of device. It also has a high-speed Internet connection. I think this can be a great solution for anyone who wants to run automated systems around the clock without needing their own computer switched on. You can get a free VPS through other CFD brokers including IC Markets.
Finance InstaFutures Trading
With InstaForex, you can trade Financial Futures and trade them in real-time. You can buy and sell InstaFutures on a professional platform run by a financial group that has been in the market for many years. Whether you are an expert or a beginner, it is accessible for all. Here are some pros of InstaFutures:
- Promotes stress-free trading
- Competition with real traders
- Forecast risks
- Improved returns
- Market Learning
- Skill improvement
- Diversified Trading
If you want to invest in Forex projects, you can use the InstaForex PAMM system. It is possible copy other InstaForex traders, or you can invest in PAMM forex accounts and become a shareholder in this account. It is common for investors to use a type of account called a forex PAMM account to invest their money in the market. They do this to get a share of any possible profits made by other traders.
InstaForex PAMM currency system allows all its users to see how their money is being used, how many shares they have, and how much they have earned. It is very easy to use. They can accept as much money from as many people as they want to invest in forex. There are many ways to invest money in a merchant account. Depending on how much money you own, you can invest anywhere from a dollar to hundreds of thousands.
It is important to state that there are absolutely no guarantees on how these accounts will perform and historical performance should not be seen as a reflection of future results. Make sure that you have a clear understanding of trading, copy trading and the significant risks involved. Never risk more than you can afford to lose. I personally prefer to trade by myself as this I find it to be the best way to learn. If you are looking for a managed account,
It is important to state that there are absolutely no guarantees on how these accounts will perform and historical performance should not be seen as a reflection of future results. Make sure that you have a clear understanding of trading, copy trading and the significant risks involved. Never risk more than you can afford to lose. I personally prefer to trade by myself as this I find it to be the best way to learn. If you are looking for a managed account, FXOpen have comparable PAMM solutions.
InstaForex offers ForexCopy, which allows you to copy the orders of other successful traders even if you are not in their trading terminal. It doesn’t take long for people to start copying the work of the chosen trader. If you are looking for a social trading platform, I think eToro are the industry leaders in this respect.
ForexCopy aims to promote stable account growth. On the other hand, you can change the settings and even cancel copies of orders that you think won’t make much money. Just remember there are no guarantees on performance and risks will be involved.
InstaForex Platforms Summary
|MetaTrader 4 (MT4)||✓|
|MetaTrader 5 (MT5)||✓|
Fundamental and Technical Analysis
You can see how the market is doing in a section called “Forex Analytics” that changes every day. Here, you can read reviews and keep an eye on financial news from the best people in the foreign exchange market. You will get updates on fundamental and technical analysis’ on money market instruments by InstaForex’s chief strategist.
News breakouts are shared with critically examining the impact on the financial market. Updates on movement in the most volatile market, like cryptos, are discussed in detail. InstaForex is there to provide you with information and analytical broadcasts on its TV channel. Graphs and metrics are regularly shared with you, helping you to make informed investment decisions.
Forex Calendars is always there to update you on important upcoming events and decisions. You will also get useful forecasts on other instruments to help you better understand the market movements.
InstaForex strives hard to educate the beginners in every aspect. Form basic forex learning to advance level learning, all are available on the broker’s platform. Trading sessions are conducted regularly to enhance the learning skills of beginners, mid-level traders, and professionals.
You can learn the basics of forex, like what forex is and how it works, from the website. Besides this, there is the availability of rigorous training sessions for beginners. For easy learning, there are Video Tutorials. Forex Glossary teaches you about the basic terminologies of forex and trading. Through the platform, you can learn how to start trading and investing online.
Once you have gone through the basics, they offer a free demo account to practice trading. On your demo account, you will be trading via virtual money. Any loss will not be counted as a real loss in this instance.
InstaForex Research and Education Summary
InstaForex offer many payment options to deposit and withdraw funds in your accounts. With bank transfers, debit/credit cards, e-wallets, and cryptocurrency methods, you can deposit or withdraw funds from various locations all over the world. They have one of the best selections of funding options that I have seen from any broker.
Depending on the payment option used, a transaction may complete in an instant of 1-6 business days. I personally like to use e-wappet payments as I find this to be the quickest way for me to get access to my funds.
InstaForex Funding Summary
InstaForex is regulated in multiple jurisdictions as follows: Instant Trading Ltd is licensed by the British Virgin Islands Financial Services Commission (BVI); Insta Service Ltd is registered with St. Vincent and the Grenadines Financial Services Authority (SVGFSA); Instant Trading EU Ltd is regulated by the Cyprus Securities and Exchange Commission (CySEC).
InstaForex Regulation Summary
|SFC (Hong Kong)||x|
|Other (BVI, SVGFSA)||✓|
InstaForex has been around for many years and have won multiple awards for their brokerage services. They have become a household name for many traders and investors. The fact that they are regulated in multiple jurisdictions can help to give clients the peace of mind that they are using an honest and transparent broker that most comply with strict rules and regulations that are put in place to protect investors interests.
InstaForex offers customer support 24/7 via live chat, phone, and email.
InstaForex is an online forex and CFD broker that strives to provide traders with the best possible trading environment for trading over 300+ financial assets using the MT4, MT5, WebTrader, MultiTerminal, and InstaTick Trader trading platforms. They provide a variety of competitive trading conditions, such as low transaction commissions and spreads along with reliable trade executions at the best available prices. Plenty of educational content and research resources plus demo accounts make InstaForex an option for beginner traders.