Instaforex is a leading trading company with millions of clients that has been rendering its services in trading industry. The users have shown their interest in Instaforex to learn and know more about it.
What is instaforex?
It is an international company that is working in the zone of forex trading since 2007. With over 7 million traders worldwide it has become leading forex trading service. The headquarter of instaforex is in Limassol, Cyprus however they render worldwide service.
Their main aim is to provide a wide range of services and the right trading at the right time. They have great technical solutions and offer the best trade among the trading market. Also, broker brings a personal approach to each client with educational and customer services.
Instaforex has been awarded as the best broker of Asia by the Traders Union Awards 2021. Earlier in 2019 Instaforex received an award for the Best Asian Broker and the best Eastern European Broker. Prior to that in 2018, it was named the Best Forex Platform for Trading Cryptocurrency and in 2016 it won the UK Forex Best Social Broker Award.
Instaforex Security and Safety
Instaforex is a trading company that is regulated by the British Virgin Islands Financial Services Commission (FSC) in accordance with the Securities and Investment Business Act. Instaforex facilitates its users with access to over 300 trading instruments which primarily include PAMM investment and the most efficient service of all times is the Forex Copy System where the users can copy trades of successful trades. This not only works for the better learning of new traders but also improves their trading skills.
Advantages of using Instaforex
With Instaforex, you get the best trades starting at just $1. Isn’t it a great offer? With just a penny you can start your trading and earn your passive income. You will get the best trades here.
- It is user friendly hence appropriate for beginners as well
- The unique Instaforex Copy system you can look at the successful traders trading and just follow the footsteps which in it itself is a written live demo of trading. Even if you don’t know the basic of trading this feature can make you learn in easy steps.
- The users can do a a lot of investment here
- The feature of demo trading is also available to let you ensure your trading without any risk
- Also, there are videos and educational research available. Personalised trading is done and even a constant customer service to help you in any further need.
- Tick trades facility enables to benefit from price fluctuations within a period of time at ease and convenience.
- It offers various competitions in trading forex on a demo account also. You can register for their competitions and win real money to trade with. There are weekly and monthly competitions which will not only test your trading skills, but also will reward you with real bucks.
You can join competitions by registering here Join Instaforex Competition
Disadvantages of Instaforex
There are a few problems such as the Instaforex conditions are different depending on the entity you’re trading with and also the fees for certain instruments is relatedly very high. So, it somewhat restricts you in certain trading entities.
Is Instaforex legitimate?
Trading is such a risky process that people want to be very sure of something before they eventually invest in trading for and the most basic question is whether instaforex legitimate
With our research we tell you that it is 100% reliable broker platform that has several licenses which guarantees its compliance of international protective laws and coverage of traders. The company is licensed by CySEC, Cyprus – an authority that conducts operational standard for financial investment firms within Cyprus and European zone respectively.
It also serves additional entities in offshore cones such as in BVI registered by FSC and Saint Vincent and Grenadines.
Is Instaforex a scam?
With such legal licenses it would be very difficult for a company to do any kind of fraud hence this answer is a big no. It is real and reliable company. You can even use a demo account and find out the results as our team got great results. The withdrawals can be made easily and the deposits are of low costs with full technical analysis. So, you’re hardly at risk here.
How to open a demo account at Instaforex?
A demo account is basically your practice session here so, it is very easy and simple to open a instaforex demo account. You can simply click on the link provided here and follow the steps.
Types of account in Instaforex
There are various trading account types available however the ones available for all the entities are standard and eurica accounts.
The default parameters include a trading account set to MT4 platform at leverage of 1:200along with most use of USA 2 server and USD as basic currency however you can set according to your region.
Instaforex operates at either fixed or floating leverage which is determined by various measure but firstly set according to your region. The regulatory action required in your region will decide the kind of leverage you will get or you get adjust.
They have a range of floating spread depending on your technology. In the fee method option, you can either choose to use spread or commission basis.
It provides access to global market including ECN trading. There are 107 currency pairs, 34 US stock, CFDs and futures, binary options, as well as commodities such as gold and silver.
There is a regular update on trading list henceforth the clients of Instaforex were the first to trade in bitcoin and CFDs.
Deposits and withdrawals
There is no minimum deposit amount required which is why you can make the smallest investment with just $1. The deposition and withdrawal are very easily done by using common payment methods such as PayCo, B2BinPay, Skrill for bitcoin and SoFort.
It can run on both web and desktop platform. The most powerful being MT4 and MT5.
How are your protected?
Since the Instaforex works under full regulations and rules, it includes good security and transparency obligations. Therefore, all client’s funds are kept in segregated account with secure and safe trading environment.
Good for beginners? Highly recommendable for novice or professionals both.