InstaForex has been providing services of online trading since 2007. The broker has more than 7,000,000 customers.
InstaForex is regulated by the BVI FSC, the license number SIBA/L/14/1082. It operates the website instaforex.com.
InstaForex offers competitive trading conditions. There are four account types with the broker: Insta.Standard, Insta.Eurica, Cent.Standard and Cent.Eurica. The minimum deposit is $1 and the minimum trade size is 0.01 lot. The fixed spreads of 3-7 pips are charged on Standard accounts and the fixed commission of 0.03%-0.07% is charged on Eurica accounts. The available maximum leverage is 1:1,000 which is higher than average in the industry.
Moreover, the broker provides its customers with a wide range of bonuses and holds numerous contests and campaigns. Participants can win money prizes, mobile devices or even luxurious cars such as Ferrari F8 Tributo. As for the bonuses, InstaForex credits up to 100% bonus for an initial deposit and up to 40% for every deposit.
InstaForex is proud of its cooperation with sports teams and renowned athletes. The broker partners with Ole Einar Bjørndalen, Viswanathan Anand, Daria Kasatkina, HKM Zvolen and other. It is also a partner of the legendary Borussia Dortmund football club in Asia and CIS.
Trading at InstaForex is facilitated through the MetaTrader 4 platform, both desktop and mobile versions are available. The broker allows the use of expert advisors and any custom indicators. It has developed an in-house WebIFX platform for trading on a web browser. Besides, InstaForex provides Superior Forex Desk plugin that enables its users to place orders and manage their deals in a few clicks.
At instaforex.com, there is also the InstaTick Trader platform for trading binary options on a web browser.
InstaForex pays much attention to analytics. Over 30 currency strategists provide technical, fundamental and combined analysis dailly. Forex news, an economic calendar, and photo news are published regularly.
InstaForex TV is the broker’s unique service. It is the full-fledged Forex TV broadcasting forex news, market reviews and interviews.
There is a wide choice of payment options. Clients can deposit and withdraw their funds via bank cards, bank transfers, PayCo, China Union Pay, WeChat, Alipay, Bitcoin. No deposit fees are charged while withdrawal fees are charged by the payment service providers and vary depending on the chosen payment option. Processing time is instant or within the nearest business day on average.
The technical support service is available 24/7. Clients can ask their questions by email, phone, a live chat or order a callback. Besides, the broker can be found on Skype, Viber, Whatsapp, Telegram, and Facebook messenger.