Discovering InstaForex Features for Beginners

InstaForex is one of the most well-known brokers internationally. Hailing from Russia, the broker has been operating since 2007.

The company understands that so many beginner traders want to enter the world of trading but still don't know where to start. There are many stages to overcome before succeeding in becoming a competent trader. These stages require sufficient skills and knowledge about forex trading.

For these reasons, InstaForex broker provides various features for novice traders.

Distance Training Program

This section is specially designed for traders who are just starting their trading journey. Educational materials from InstaForex broker can be downloaded by any account user. As such, you only need to open an account at the InstaForex broker and enter the login number in the form provided.

Topics available in the Distance Training Program are divided into the following chapters:

1. Introduction
2. Working with the MetaTrader4 trading platform
3. Types of trends and charts and ways to build them. Bull and bear play
4. Types of exchange rate regimes
5. Margin trading on Forex
6. Executing trades
7. Introduction to technical analysis. The Dow Theory
8. Trend analysis
9. Analysis of chart patterns
10. Japanese candlestick analysis
11. Wave analysis. The Elliott Wave Theory
12. Mathematical analysis
13. Fundamental analysis
14. Trading systems
15. Risk management
16. Psychology of trading

Online Course

In this section, InstaForex broker provides a learning program in webinar sessions. Traders can learn anytime and anywhere interactively with experts holding the webinar program. Interestingly, InstaForex stated that more than 80% of traders who have trained in this online course improved their trade performance.

The program is divided into several parts to make it easier for beginners to focus on studying certain topics. Here is the materials and the expert responsible for the topics:

• Simplified wave analysis: Vyacheslav Ognev
• Trading education from scratch: Anna Zold
• Secrets of professional trading: Andrey Shevchenko
• Forex in detail - 4 steps to professional trading:  Vladislav Tyukhmenyev
• Forex trading education: Mikhail Makarov

To be able to join this webinar program, you can simply open an account on InstaForex, watch the webinars, and download the course materials.

Tutorial Videos

All tutorials posted on InstaForex webpage provides a broad understanding of the basic concepts and terms that a beginner may encounter at the first stages of trading. This section will be very helpful for forex beginners.

There are 6 categories of educational videos provided:

1. Main concepts: currencies, quotes, spreads
   This video introduces you to the main concepts of the forex market, such as currencies, quotes, and spreads. You will find explanations about instruments in the initial stages of operating in the forex market. Through this video, you can understand the ins and outs of forex performance and start trading with an important range of knowledge.
   
   
2. Margin trading
   This video is devoted to the basic principles of margin trading which is one of the keys of operations in the forex market. This video will help you to understand how trading involving private investors is actually fulfilled. You will also learn how to choose the right leverage to ensure the most profitable trades.
   
   
3. Swap
   This video discusses swaps, an important aspect of foreign currency trading. If you do not understand how to work with swap rates, or encounter any difficulty regarding this matter, this lesson will help you gain insight into how swap works. Apart from that, this video will also teach you the carry trade strategy.
   
   
4. Technical analysis
   In the development of financial markets, forex experts have created various analysis methods that allow traders to predict market movements in different ways. One of which is technical analysis. This video will let you learn what technical analysis actually is, and what indicators and data are used. In addition, you will figure out whether technical analysis suits your approach or not.
   
   
5. Futures Contracts
   This video discusses futures contracts. By watching this video, you will find out how contracts for difference are created, what designations are used for different types of futures contracts, and what stock futures are most popular.
   
   
6. Currency pairs
   This video explains the most traded currency pairs. By watching this video, you will find out what events have the greatest influence on currency movements, what you should watch for in the market, and what you should use to get good trading results.

Forex Glossary

In this beginner's section, you will find a collection of terms and concepts related to forex. This page is arranged alphabetically, so finding specific words is very easy. Each term has a detailed definition and is presented in an easy-to-understand manner. InstaForex broker always updates the glossary with new forex terms from time to time to ensure it remains relevant and comprehensive.

Open Demo Account

Demo account is a platform that can be used to simulate your trades with virtual money. Here, traders are free to execute orders, analyze the price chart with any indicators, and manage the virtual account balance.

At InstaForex, demo accounts are available for free and can be opened easily. You only need to fill out the registration form to get a demo account number and password that can be used on the InstaForex MT4.

With various facilities provided by InstaForex broker for beginners, novice traders can thoroughly learn forex on their own. Traders can choose a program that suits their individual needs because each program has been tailored to various conditions.