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instaforex

Cyprus|5-10 years| Benchmark D|
Regulated in Cyprus|Market Making(MM)|Suspicious Scope of Business|Medium potential risk|

https://www.instaforex.eu/

Website

Rating Index

Benchmark

Speed:B

Slippage:A

Cost:D

Disconnected:C

Rollover:D

Contact

+35725654112
support@instaforex.eu
https://www.instaforex.eu/

Licenses

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+35725654112

Broker Information

More

Company Name

INSTANT TRADING EU LTD

Company Abbreviation

instaforex

Platform registered country and region

Cyprus

Company website

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts
Previous Detection : 2024-03-19
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

instaforex · Benchmark
Average transaction speed(ms)
545.7
The highest transaction speed(ms)
78 Great
The highest speed of opening positions(ms)
78 Great
The highest speed of closing position(ms)
78 Great
The lowest speed of opening positions(ms)
1984 Poor
The lowest speed of closing position(ms)
1953
Ranking: 128 / 133
Test user 316
Orders 4,405
Ocuppied margin $1,874,488 USD
Data Source WikiFX Data provide
Updated: 2024-03-18 01:03:SS

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instaforex · Company Summary

Registered in Cyprus
Regulated by CYSEC
Year(s) of establishment 5-10 years
Trading instruments currency pairs, stocks, indices, precious metals, energies, commodities, cryptocurrencies and futures
Minimum Initial Deposit $1
Maximum Leverage 1:1000
Minimum spread 0.0 pips onwards
Trading platform MT4, MT5
Deposit and withdrawal method Bank wire transfer and many other methods
Customer Service Email/phone number/address/live chat/more
Fraud Complaints Exposure No for now

General information and regulations of InstaForex

InstaForex brand was founded in 2007 and claims to be the choice of more than 7 million brokers. InstaForex website may be very complex at first glance, but if you take a moment to look at it closely, you will find a wealth of content. The information bar on both sides of the page is full of attractive content, such as news, widgets, real-time charts, customer service and much more.

In the following article, we will analyze the features of this merchant in all its dimensions, providing you with easy and well-organized information. If you are interested, read on. Reading this article will take you approximately 7 minutes.

At the end of the article, we will also briefly extract the most significant advantages and disadvantages so that you can get an idea of the broker's features at a glance.

General information

Market instruments

As we have said before, InstaForex web pages are very informative. On this trading products page you can see not only the trading products, but also the difference in commissions and spreads between different accounts. We can trade currency pairs, stocks, indices, precious metals, energies, commodities, cryptocurrencies and futures.

market instruments

Spreads and commissions for trading with InstaForex

Let's take currency pairs as an example. Spreads and commissions vary on different accounts. On the MT5 and Standard accounts the spread is about 3 pips and there is no commission, while on the Eurica account the spread is 0 and the commission varies from 3-12 USD.

We can venture to conclude that Eurica is suitable for long-term traders who trade less frequently, while the other two accounts are suitable for short-term traders who trade more frequently.

spreads and commissions

Account Types for InstaForex

Demo account: InstaForex offers a demo account for testing a little on the financial market without the risk of losing money. Opening a demo account, according to the company, is as easy as ABC.

Live account: there are in total 4 types of accounts: insta standard, insta eurica, cent standard and cent eurica. The minimum deposit for opening an account at InstaForex is just 1 USD, and the trading conditions also seem to be quite favorable.

account types

Trading platforms offered by InstaForex

As for trading platforms, clients can choose from the market leaders MetaTrader4 and MetaTrader5, which can be accessed from any device.

However, have you ever wondered or are you wondering which platform you should use? Our team has the corresponding article for your reference. The article details the similarities and differences between the two and gives specific advice.

https://www.wikifx.com/es/wikishow/202207208464173722.html

trading platform

Leverage offered by InstaForex

InstaForex offers a maximum leverage of up to 1:1000, which is a generous offer and ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also result in a loss of capital, especially for inexperienced traders. Therefore, traders must choose the right amount according to their risk tolerance.

Deposit and withdrawal methods and fees

Unlike some brokers that lack information, InstaForex is very generous in providing information. If you carefully browse their website, you can find a wealth of information. As for deposits and withdrawals, InstaForex shows all methods, required fees and arrival times clearly on a single page.

deposit and withdrawal

Educational resources

InstaForex educational resources are extensive. Online charts, market analysis, Forex calculators, indicators, articles, questions and answers, glossary... Whether you choose InstaForex as your broker or not, you can make the most of the resources available here.

educational resources

Customer support of InstaForex

Call back, live chat, WhatsApp, email...with numerous channels and 24/7 service, clients could get help whenever they have trading-related problem.

Here are more details about the customer service.

Languages: there are total sixteen languages on InstaForex website, which could meet the needs of most of its customers.

Service hours: 24/7

Phone: you could fill in a form, indicating your country, your preferred language and time, the team will call you whenever you want, and the service is totally free of charge.

Email: support@mail.instaforex.com

Social networks: Facebook, Twitter, YouTube, Telegram, Instagram

WhatsApp

customer support

Users exposures on WikiFX

We have not received any reports of fraudulent activity at this time.

Advantages and disadvantages of InstaForex

Advantages:

Well regulated

MT4, MT5

Sufficient information

Educational resources

Many instruments available

Demo account

Disadvantages:

Low leverage

Frequent asked questions about InstaForex

Is this broker well regulated?

Yes, it is currently effectively regulated by CYSEC in Cyprus.

Does this broker offer MT4/MT5?

Yes, InstaForex offers both MT4 and MT5 for you to choose from.

User Reviews

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2

Comments

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Mkuj
more than one year
So, had a bit of trouble sorting out the initial fund transfer and getting the MT4 platform up and running. But, gotta give credit where it's due, customer service was on the ball with their chat responses. If this is how they handle issues, I'm feeling pretty good about building a solid, long-term business relationship.
2024-02-23 15:39
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袁玉权
more than one year
When I first used InstaForex, I was very satisfied with its trading speed and the user experience of the platform. Compared to other trading platforms, it is very responsive, allowing me to execute trades quickly. In addition, its interface design is very intuitive, allowing me to easily find the tools and features I need. In addition, it also provides some useful analytical tools and market information to allow me to better grasp the market dynamics. I also appreciated their customer service te
2023-03-27 13:47
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