InstaForex Broker Review

January 17, 2023

InstaForex has been trusted by millions of traders worldwide. Their top services include fixed spreads starting from 1 pips, leverage up to 1:1000, initial deposit of only $1, and various deposit bonus programs.

InstaForex is part of InstaForex Companies Group from Russia, which has provided online trading services to customers from different parts of the world since 2007. Instaforex clients, both beginners and professional traders, have spread across 50 countries, mainly in Europe and Asia. InstaForex is supported by a young, energetic, professional board of directors and team.

Due to its rapid development, instaforex has now been trusted by more than 2 million traders in various countries. Thanks to its performance, the number will continue to grow along with InstaForex's positive image.

Apart from excelling in maintaining client trust, this broker provides various conveniences for traders. For example, traders who have just registered don't need to scan their ID/billing to start trading. New clients also have the opportunity to get deposit bonuses, welcome bonuses, and trade on real accounts for free.

InstaForex can also be called a friendly broker for Indonesian traders. The reason is that deposits and withdrawals can be made via BCA and Mandiri, the two most popular local banks and many users in Indonesia. This service will certainly greatly facilitate traders in transactions.

Not only that, but InstaForex broker is also diligent in holding interesting trading contests for you to take part in. There are various tempting prizes that you have the opportunity to have from the competition, starting from smartphones, luxury cars, and free deposits for trading.

Want to know more about this broker? Check out the details about InstaForex broker below.

Broker Name InstaForex
Broker type STP (Straight Through Processing)
Website Click here to visit InstaForex's official page
Company Instant Trading Ltd
Founded On 2009
Headquarters Head Office 30 Teatralnaya, offices 402, 501, 516, 236022, Kaliningrad, Russia
Regulators Instant Trading Ltd is regulated by FSC British Virgin Island (SIBA/L/14/1082), Insta Service Ltd is registered with FSC St Vincent and the Grenadines (No IBC22945)
Customer service email, phone, and live chat
website language 27 languages, ​​including English, Vietnamese, Korean, Russian, Spanish, Indonesian, Malay, Thai, Lao, etc.
Deposits And Withdrawals Wire Transfer, Credit Card, Bitcoin, and various ePayments (Skrill, Neteller, etc.)
Trading platforms MT4 for PC, Web, and Mobile, as well as Multi Terminal; MT5 is also available for PC and Web
Trading instruments Over 100 Forex pairs, individual Stock CFDs, Stock Indices CFDs, Gold, Silver, Oil, and more
Spreads Variable Spread from 3-7 pips (Standard account) or 0 pip (Eurica account)
Minimum initial deposit 1 USD
Account Currency USD, EUR
leverage 1:1000
Minimum Lots 0.0001 (Cent account)
Account Type Insta.Standard, Insta.Eurica, Cent.Standard, Cent.Eurica
Swap-free Account ✔️
Hedging ✔️
Scalping ✔️

 

Advantages of Trading At InstaForex

  • InstaForex StartUp Bonus
    InstaForex StartUp Bonus is an example of a No Deposit bonus that allows you to trade on a real account for free. You can get the StartUp Bonus more quickly because you don't need to verify your account first.

  • 100% Deposit Bonus
    InstaForex allows traders to get a 100% bonus on the first deposit. Bonus applies to all clients, both new and old.

  • 55% Deposit Bonus
    Every trader who deposits in their trading account can increase the deposit's value by more than 1.5 times. The 55% bonus from InstaForex is without restrictions and is given for every deposit, both profitable and non-profitable.

  • Welcome Bonus 30%
    To get the 30% Welcome Bonus, a trader only needs to register a Live Trading account and fill out the online application form. After depositing, submit a Welcome bonus request, and the Bonus will be added automatically.

 

InstaForex Advantages

  • Ease of Administration and Starting Trading
    For those who don't want to be complicated when it comes to starting trading, you can consider InstaForex. Because with InstaForex, you can start trading as soon as possible. Just register, then deposit, and you can start your trading. Scan ID/Billing is not required but needs to be prepared because, at any time, you may need it for resetting passwords, continuing administration, and withdrawing funds.

  • Get a Deposit Bonus of up to 30%
    One of InstaForex's strategies in attracting traders is to offer a deposit bonus of up to 30%. It's not enough to stop here; you can also increase it again with bonus packages such as bonus clubs, bonus coupons (for Affiliates), and so on. But remember that applicable requirements usually accompany bonuses, so it's a good idea to understand them beforehand.

  • Ease of Deposits and Withdrawals at InstaForex
    You can use the cheapest, easiest, and fastest deposit/withdrawal alternative by using a local exchanger so that the payment process can be done easily through local banks.

  • InstaForex Rebate Program
    With more and more IBs introducing InstaForex. So now you can get rebates from each of your forex transactions. This Forex Rebate allows us to get extra income from every trade we make. It doesn't matter whether the trade is profit or loss.

  • Forex Business with InstaForex as a Partner
    With InstaForex, you can join as a partner and get unlimited additional income potential. Some successful IBs are able to earn hundreds of thousands of US Dollars per month.

 

InstaForex Achievements

Since it started operating around 2007, InstaForex has continued to grow rapidly. This can be seen from the number of clients reaching 2 million traders worldwide. In addition, InstaForex also won awards almost regularly received every year from world financial bodies or magazines.

 

  • InstaForex is one of the old players in the forex industry. The main attraction lies in the leverage reaching 1:1000 and the myriad of promotions offered. Uniquely, InstaForex has a beauty pageant held annually entitled "Miss Instaforex Asia".

  • Depositing and withdrawing funds at InstaForex can be done through local banks through exchangers. It is easy for traders who are still beginners to find InstaForex IBs in forums. InstaForex also does not prohibit Hedging or Expert Advisor trading systems, so it is suitable for a wide range of traders.

  • Besides benefiting from independent trading, InstaForex also offers business opportunities through rebates and partner programs. Traders are advised to study the types of accounts on offer as InstaForex offers a variety of alternatives.

Education (46)

1. What Is Forex? 2. Why Does Forex Market Exist? 3. What Drives the Forex Market? 4. Why is Forex Trading Popular? 5. Can I Get Rich in Forex? 6. Are You Curious? Want to Discover More about Forex Trading? Meet Demo Acount! 7. I'm a Newbie, How to Master Forex Trading? 8. What Forex Knowledge Should I Conquer? What Are the Steps to Go Thorugh the Journey? 9. What are Software and Glossaries in Trading Forex? 10. How to Read the Forex Market? 11. How to Practice Forex Trading? 12. How to Ride on the Forex Wave? 13. How to Prepare Basic Trading Requirement? By the Demo Account? What about the MT4/MT5? 14. What is Bid-Ask Spread? 15. What is Pip? 16. What is Lot Size 17. What is Leverage in Forex Trading? 18. What is Margin? 19. When to Trade Forex? 20. What is the Most Dominant Market in Forex? How is the Characteristic? 21. What is Chart in Forex? 22. What is Candlestick? Why is It the Most Popular Chart in Forex? 23. What is Technical Analysis? 24. What is Fundamental Analysis? 25. What are MT4 Indicators and How to Use Them? 26. What is Risk in Forex? 27. What is the Psychological Effect in Forex Trading? 28. How to Compile a Strategy Template? 29. How Long Should You Practice in a Demo Account? 30. When Do I Need to Start Learning about Brokers? 31. What Exactly Does a Forex Broker Do? 32. Can I Trade Forex without Broker? 33. How Much Money Do You Need to Trade in Forex Brokers? 34. How to Choose a Good Forex Broker? 35. What is Regulation? And Why Should Regulation Exist? 36. Why Should You Choose Forex Brokers with Top-tier Regulations? 37. How to Choose Forex Brokers Based on Your Need and Where You Are From? 38. What Brokers Should You Avoid? 39. Is There Any Broker Scam in History? How Bad Is It? 40. What are the Most Popular Brokers in The World? 41. What are the Best Brokers For Entry-Level Traders? 42. What are the Best Brokers for Traders with Minimum Deposit Capabilities? 43. Which Broker Provides a Demo Account and Easy Setup? 44. Which Broker Provides Easy Registrations? 45. What and How to Deposit on Forex Brokers? 46. What and How to Withdraw from Forex Brokers?

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