Your money will not be wasted if your broker is a fraudster or untrustworthy. For a strong, profitable partnership, ensure your requirements match the criteria of your broker.
This is why our team has spent considerable time reviewing the top brokerage companies, along with their payment procedures and other important aspects. Before you give your money to any brokerage, make sure to thoroughly review the options. We hope you found this Instaforex review useful.
InstaForex is an international Forex broker that is well-known. If you want a true evaluation of InstaForex, you have come to the right place. In our personal review, we will present you with the InstaForex trading situations and offerings. Is the service truly as impressive as it claims?
What is Instaforex, exactly?
InstaForex welcomes clients from all parts of the world as a global Forex broker. The firm was founded in Russia in 2007, and provides a wide variety of customized financial products for retail traders. It’s very easy to open an Account with them and start trading. You can trade forex with them from any device.
The company is described as a large corporation that has over 260 locations across the globe. Sponsorships come from prominent athletes. InstaForex has been authorized by all European financial authorities. This gives us an excellent first impression as an internet broker.
A number of factors decide the leverage level. The first one is determined in accordance to regulatory standards for a particular location.
Due to the dangers of higher levels of leverage, EU residents can only use leverage upto 1:30 on Forex products and 125 on Spot Metals. This was mandated to by the European Securities and Markets Authority.
Clients from other countries can access leverage ratios of up to 1:400, 1 :500, or even 1:1000. InstaForex has floating leverage that can help to make more money and also decrease your risk of losing more.
- Virtual Portfolios, also known as Demo Accounts are available for .
- Copy Trading is an option.
- InstaForex offers complete financial chart comparison tools.
- InstaForex’s qualified analysts offer research-backed insights into financial markets.
- This platform is accessible from many devices, including Apple Mac PCs or a Web Browser.
- InstaForex’s trading interface is user-friendly and offers options for both beginners and professionals.
- Instaforex customers can access the platform from more than 15 languages.
How to make a deposit on InstaForex
InstaForex can only allow you to make your initial deposit once you have established your actual profile. For every country, the broker offers more payment options than just one. Your country may have different payment methods.
You can either use a traditional bank transaction or go online to make your payment. The bank transfer process can take up to 2 days while electronic payments go into your account right away. InstaForex also doesn’t charge any registration fees.