Regulated by: CySEC, BVI, FSC

Headquarters: Russian Federation

Ranking: 2

InstaForex Review & Author's Comment

InstaForex is founded in 2007, headquartered in Russia and regulated by CySEC in Cyprus and FSC in British Virgin Islands.  My experience with InstaForex dates back to 2011. I came across with this broker upon my research for a new broker after the firm I used to trade with lost their FCA license and my loyalty still continues. I still have an active trading account with InstaForex where I trade occasionally.

InstaForex is among very few forex brokers that offer all ECN, Swap-Free, Nano and managed account types for traders. Customer care team is really attentive and speak many languages. You are going to get only 0.3 pips spread on EURUSD if you open a Eurica account which is remarkably low. Last but not least, negative balance protection ensures that you are not going to owe to the broker more than you deposited. A very good broker in every respect.

Broker Detail
Adress: 4A Pobedy Square, Kaliningrad Passage business center, office 610, Kaliningrad, 236022
Phone: +442037699163
Web:

http://www.instaforex.com

E-Mail: support@instaforex.com
Regulator: CySEC (License Number: 266/15), BVI FSC (License Number: SIBA/L/14/1082)
Year Founded: 2007
Instruments
Forex:
Precious Metals:
Energy:
Soft Commodities:
Indices:
CFDs:
Stocks:
ETFs:
Bonds:
Options:
Account Options
ECN Account:
Swap-Free Account:
Nano Account:
MAM / PAMM Account:
Demo Account:
Funding Methods: Wire Transfer, Credit Card, Skrill, Neteller, epayments, MegaTransfer, PayCo, Bitcoin
Withdrawal Methods: Wire Transfer, Credit Card, Skrill, Neteller, epayments, MegaTransfer, PayCo, Bitcoin
Customer Services
Live Chat:
24 Hours Support:
Languages: Arabic, Chinese, English, Farsi, French, Georgian, German, Hindu, Indonesian, Japanese, Latvian, Lithuanian, Malaysian, Polis, Portuguese, Romanian, Russian, Spanish, Thai, Turkish
Trading
Leverage: 1000:1
Spreads: As low as 0.3 pips for EURUSD on Eurica account
Minimum Deposit: $1
Fixed Spreads:
Automated Trading:
Hedging:
API Trading:
Negative Balance Protection:
Accepts Clients from the US:
Bonus

1) LFC Partnership Bonus 100% - You get 100% bonus on your first deposit. This is bonus cant be used concurrently with other types of bonuses. 100% bonus is credited to your account instantly after you complete the application.

2) Welcome Bonus 55% - This bonus works each time you make deposit into your account. 55% bonus is credited to your account instantly after you complete the application.

3) Welcome Bonus 30% - 30% bonus is credited to your account instantly after you complete the application.

4) InstaForex Club Bonus - Additional bonuses for members of InstaForex Club. This type of bonus can be used with other types of bonuses.

Platforms
Supported Platforms: MetaTrader 4
Webtrader:
Mobile: IOS, Android

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20 Comments
  1. Aidan Says

    If you want to trade forex with a trustable broker, InstaForex is the best place. I am from Malaysia and they provide customer support with my language. I am very happy and thinking that InstaForex is one of the best brokers for Malaysians.

    • AUGUSTINE NETTO Says

      What is the minimum capital one is supposed to have in order to fit in the trade?

      • Top 10 Forex Brokers Says

        you can start with as low as $1 however I recommend at least a $500 account.

  2. AUGUSTINE NETTO Says

    I am just a small scale businessman in Kenya and i do not have that much to invest in such a trade. Kindly help me understand it more. Thanks

    • Top 10 Forex Brokers Says

      Just start with a small account for learning process. once you understand the dynamics of markets and trading, you can ramp up your account and trade more seriously. give at least 5-6 months for learning process.

  3. Abedi Solomon Says

    please how can I recover my account number and password. I can’t remember my account number and password but I always get a message in my email address. please help me out.

    • Top 10 Forex Brokers Says

      Try to speak to a customer rep on Live Chat on InstaForex web site.

  4. Duy Quan Says

    Very good broker, I am happy with them. No one is calling you to deposit more money like many other brokers do.

  5. Jack Says

    Hi. Been trying to get someone to handle the USD 1000 Bonus at in instaforex account to no avail. Am not so conversant with trading and didnt want to loose the cash. Please advice

    • Top 10 Forex Brokers Says

      didnt really get what you are trying to do. are you trying to remove the bonus?

  6. Thabo Says

    Can I withdraw the profit I make with my $100 nodeposit bonus?

    • Top 10 Forex Brokers Says

      you should be able. but be aware that you cant withdraw the bonus.

  7. femi Says

    can you make the deals for me so i can invest my money with you and learn until am abnle to understand the market ?

  8. Youcef Says

    Hello there i wanna start strsding with my real money is there is any laws should i follow to withdraw the profit … thnx

    • Top 10 Forex Brokers Says

      no restrictions but the payment method and currency that you used for depositing must be same with withdrawal

  9. Anonymous Says

    how can i use my bonus to trade

    • Top 10 Forex Brokers Says

      bonus appears on your account as credit and functions as additional leverage. please notice that you can not withdraw the bonus

  10. Jothan Says

    Pls is there any limits to the profits I can withdraw?

    • Top 10 Forex Brokers Says

      no. you can withdraw as much profit as you wish.

  11. steveKE Says

    i like the support team, there are the best. also there have the best copy trading future.

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