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 in one place 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.
InstaForex Review
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Reliability - 8.3/10
8.3/10
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Deposit & Withdrawal - 8.3/10
8.3/10
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Bonus - 8.5/10
8.5/10
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Customer Support - 10.0/10
10.0/10
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Overall Trading Conditions - 9.5/10
9.5/10
Summary
CySEC regulation. Customer support in many languages. Generous bonus and promotions. ECN, Swap-Free, Nano and managed account (PAMM / MAM) types.
| Broker Detail | |
|---|---|
| Adress: | 4A Pobedy Square, Kaliningrad Passage business center, office 610, Kaliningrad, 236022 |
| Phone: | +442037699163 |
| Web: | |
| 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: | |
| Cryptocurrencies: | Bitcoin, Ripple, Litecoin, Ethereum |
| 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 |
Hello. when I started with instaforex, I had a very little knowledge on forex trading, I have found this broker very helpful for the beginners. it provide a great demo account. After trading three months on demo, i opened a real account without any problems. very satisfied.
Thank you for giving us a very satisfactory rate . Your opinion is very important to prove that InstaForex is really not a fraud broker 🙂
i like the support team, there are the best. also there have the best copy trading future.
Thank you for choosing us! We will do our best service to help traders like you! 🙂
Pls is there any limits to the profits I can withdraw?
no. you can withdraw as much profit as you wish.
Dear Jothan,
There is no limit. As long as there is a amount that can be withdrawn.
how can i use my bonus to trade
bonus appears on your account as credit and functions as additional leverage. please notice that you can not withdraw the bonus
You can use the bonus fund to buy/sell any trading instruments available in our trading platform and you can also open and close trades on Forex on your own or subscribe to copying deals of successful traders through the InstaForex ForexCopy system. Besides, our company provides educational trading materials which you can find it here: https://goo.gl/NaUabz If you have any questions, please feel free to contact us via email at startup-bonus@instaforex.com
Hello there i wanna start strsding with my real money is there is any laws should i follow to withdraw the profit … thnx
no restrictions but the payment method and currency that you used for depositing must be same with withdrawal
Dear Youcef,
Withdrawal is possible by means of the same method which you used when your account was replenished.
can you make the deals for me so i can invest my money with you and learn until am abnle to understand the market ?
Dear femi,
You can register in forexcopy within this link – http://cabinet.instaforex.com/client/forexcopy/?q=en/default
Can I withdraw the profit I make with my $100 nodeposit bonus?
you should be able. but be aware that you cant withdraw the bonus.
Dear Thabo,
After the profit reaches 10% bonus, Your account will be suspended.
In order to unblocked the account, You must make a deposit with the amount equal to 10% of the bonus is credited (100 USD).
And then trade X*3 lot = 300 lot size (X = the amount of your 10% of the bonus is credited) in order to be able for withdrawal.
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
didnt really get what you are trying to do. are you trying to remove the bonus?
Dear Jack,
You can register in forexcopy in order to copy the trade of trader within this link – http://cabinet.instaforex.com/client/forexcopy/?q=en/default
Very good broker, I am happy with them. No one is calling you to deposit more money like many other brokers do.
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.
Try to speak to a customer rep on Live Chat on InstaForex web site.
Dear Abedi Solomon,
In this case, please send report by sending mail to support@instaforex.com , please explain the situation and include scan of your ID.
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
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.
Dear AUGUSTINE NETTO ,
First of all, we recommend you to familiarize yourself with the section “For Beginners” on the website – http://instaforex.com/for_beginners.php.
In addition, a great many of helpful information was placed in our special educational website http://instafxeducation.com/en/ .
After getting acquainted with the trading basics, the best decision will be to open a Demo-account (just download the trading terminal by this link: https://www.instaforex.com/downloads/itc4setup.exe?v=170808 and after the program startup fill in the proper field in the emerged window).
Having obtained necessary skills of trading on Demo-accounts you can start registration of a real trading account on our website: http://instaforex.com/open_live_account.php/
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.
What is the minimum capital one is supposed to have in order to fit in the trade?
you can start with as low as $1 however I recommend at least a $500 account.
Dear AUGUSTINE NETTO ,
The minimum of deposit is 1 USD.