InstaForex trading review :
Instaforex is an impressive Forex broker. From the moment you access their website, you will see what I mean. It is clean and modern looking and is available in 20 different languages. This is a sign that this is the type of broker you should deal with. For example, except for major world languages as English, Spanish or French, there are special subdomains for each language, such as InstaForex Indonesia or Instaforex Malaysia, etc.
InstaForex provides an inclusive range of services in the international Forex market. This company is a member of the InstaForex Companies Group. InstaForex is the leading trading broker in Asia but is also popular and well regarded by international users. Although their site targets Asian customers, foreign users are welcome. Now, you might think that why should I select InstaForex when millions of other brokers are available? You will find the answer to this question on the site itself.
Is Instaforex regulated? Is InstaForex a legit broker?
Instaforex is a legit and regulated broker because Instant Trading Ltd. is an authorized and licensed forex broker by the Financial Services Commission (FSC) under the Securities and Investment Business Act (SIBA), the British Virgin Islands (BVI) (License Number: SIBA/L/14/1082 ).
Is Instaforex safe?
InstaForex broker is a safe broker, regulated by FSC and BVI, and SIBA. Instaforex is a safe broker because any payments funded to Instaforex accounts by traders are held in a segregated bank account.
Current promotion in 2021 :
Get a 100% free forex bonus for the first deposit.
For beginners, InstaForex supports nearly 107 currency tools. As far as deposits are concerned, traders can begin trading with as little as $10. The company also offers a 24/7 support facility with a live chat service included.
One of the best promotions at InstaForex is a 30% InstaForex bonus for all new deposit traders. You can create a deposit in a second as well as transactions, so here you answer this question – what means “insta forex” – “insta” indicating instant or quickly produced. So you can get all forex services fast at InstaForex company.
InstaForex also conducts an educational training section on their site for beginners who want to learn to trade. All the steps needed for trading with InstaForex are explained through video, which is a helpful addition and a nice touch to the website. They also provide traders a chance to practice their abilities with a demo account. Forex industry experts recommend the demo account provided by InstaForex. Moreover, InstaForex also provides important news and updates on their site, making it easier for the traders to trade.
The trading bonus can use only non-European Union residents. Therefore, potential EU clients can not use forex or any CFD bonus. However, other broker promotions are usually available for all clients.
InstaForex accounts in 2022:
- Standard Account – minimum deposit of US Dollar 1, spreads from 3 pips, zero commissions, and leverage of up to 1:1000
- Eurica Account – minimum deposit of US Dollar 1, spreads from 0.0 pips, commissions from 0.03% to 0.07%, and leverage of up to 1:1000.
- Standard Account – minimum deposit of US Dollar 1, spreads from 3 pips (and higher), zero commissions, and leverage of up to 1:1000.
- Eurica Account – minimum deposit of US Dollar 1, spreads from 0.0 pips, commissions from 0.03% – 0.07%, and leverage of up to 1:1000
Instaforex spreads list:
Below is Instaforex spread list (usually for major forex pairs is from 3 till 8 pips spread):
Instaforex presentation video :
How to trade on Instaforex
The trading platform of InstaForex relies on the popular Meta Trader 4 product of the company. You can download the mt4 InstaForex platform here – download InstaForex. The company provides two kinds of accounts named as Insta Standard account and Insta Euricca trading account. These are designed for beginners. InstaForex has also executed a new account known as Pamm. This permits the traders to communicate with everyone and transfer funds, all with InstaForex’s security.
The team of specialists at InstaForex comprises professionals in legal support, financial consulting, and operations. The company appoints trained and experienced professionals from different fields like online trading service suppliers. Along with all the things mentioned above, InstaForex remains in the top position on the most recent Web 2.0 with various Twitter and corporate blogs, making the team more reachable to the standard trader.
The company claims to offer its services to over 140 000 people and corporate consumers playing their clients’ role. From our review of InstaForex, we can say that the company is trying its best to become the most popular Forex Broker available online.
Instaforex was awarded as the best and the most popular Broker in Asia.
What can InstaForex offer you?
1) Much InstaForex deposits and InstaForex withdrawal options: Credit card, bank draft, bank transfer, Moneybookers, WebMoney, Alertpay, Liberty Reserve system, EuroGoldCash (USD), etc.
2) You will get the best Forex trading tools: Forex News, Analytical Reviews, Forex Calendar, Forex TV. You will get Forex expert analysis for free.
3) You can apply for free for the best Forex contests. Get free demo Forex contests. Read about InstaForex contests such as The Fast Ride from The Best Broker Contest, InstaForex Sniper, Lucky Trader, InstaForex Great Race 2011, Real Scalping InstaForex, Beauty contest InstaForex-2012, Chancy Deposit 2012, “One Million Option” by InstaForex, Rally FX-1 contest for traders arranged by InstaForex.
Here you can win a lot of Forex contest prizes.
InstaForex Contests – demo and real accounts Forex contests :
Here, you can view the list of existing contests for real and demo accounts by InstaForex.
Please select a link located below to see the participants’ listings for every contest, and there is also a chance to register your name in them.
InstaForex’s Win Lotus
This campaign is designed for the customers of InstaForex who have replenished their accounts at $1000. A Lotus Elise sports car is the prize on offer.
InstaForex Sniper is held the whole week among the demo accounts. In this, the InstaForex clients can participate freely as there are no restrictions. Smaller prizes in the competition of $1500 are awarded weekly. The annual grand prize is $75,000.
InstaForex Great Race
This competition is played amongst DEMO accounts. It can be explained as a period of holding money, once every month. The total prize cash is $46,400. The 4 steps in this contest have already gone public, and everyone is eagerly waiting for the final one. It will begin on 30th November 2009. This contest does not come with the registration process, but one can easily register in various other contests. In this, you do not have to register your personal information but can register them on other campaigns.
Real Scalping Instaforex
Real Scalping InstaForex is a contest that continues for a month. This contest is specially designed for demo accounts. This contest’s annual prize money is $72,000, of which $6000.00 is allocated for every month’s contest. The existing contest will continue until 26 February.
InstaForex Beauty pageant
The beauty contest held by InstaForex in 2010 is an unusual project. The hunt for contestants for the Miss Instabeauty pageant has started. Participants from around the world will compete for the title of a beauty queen.
Hummer to Jammy Fellow
“Hummer to Jammy Fellow” is not a contest; rather, it is a campaign. This campaign is designed for all those clients who have replenished their accounts with $1000. This campaign continues from 1st June 2009 till 28th May 2010. The winner of this campaign is awarded a Hummer H3 SUV.
“The Chancy Deposit”
Like the “Hummer to Jammy Fellow,” this campaign takes place between every client who has replenished their accounts with at least $3000. This campaign runs from 1st June 2009 to August 9, 2009. A person who takes part in this campaign and wins it is offered a huge prize of $1000 each week.
The above-mentioned contests are good fun and offer varied cash prizes to the winner.
All these InstaForex contests are regarded as the best contests in the business, offering huge prizes.
4) InstaForex PAMM system where Forex experts trade for you – you invest, and if their Forex profit portfolio increases, you increase your portfolio profit too.
PAMM System for Managing Traders
The PAMM trading system is regarded as one of the best ways for attracting investments in the trading business. If you want to attract the investors’ funds in the trading account, PAMM will help make your expedition of investors convenient and quick. After the registration, the account will arrive at the supervising board and allow the investors to contact you.
Below are the PAMM system facilities accessible for the Managing Trader:
• Working with all types of investments in one single account.
• No limitations for the amount on investments, i.e., an investor can deposit 1 to 10 thousand dollars attaining the equivalent share in the account.
• Convenient and fast registration.
• Display of the account data on the supervising board once the registration gets completed.
• Attaining online requests from investors.
• SMS notifications and emails about the investing requests.
• Calculation of the profit share of Managing Trader.
• Chance to make a payment of a refund to the investor at the instigation of the trader.
• Showing the supervising board and chances of the page advertising online.
How to make yourself a Managing Trader?
A client of the InstaForex Company having a Forex account can attain a supervising trader covered by the PAMM account system’s limitations in InstaForex. If you have a Forex account, you need first to approve the customer cabinet and select an item named “PAMM accounts” in the menu located on the left side. Once this step is completed, you need to complete the registration procedure. This account system includes investment projects and contact information, which are specially designed for the investors of the PAMM account.
Once the registration gets completed, the account will become a major part of your portfolio and is displayed on the supervising board for the potential investors at the company’s official site. You will start receiving requests for funds once the registration process gets completed. It totally depends on you to decline or accept them. The PAMM section located under “My Investments” also contains the name of the investors. For extra information on how one can become a successful trader, please visit the Registration page.
Taking a portion from the profit of the investors
The PAMM account system’s important part is attaining a small part of the investors’ profit by the Managing traders. This part of the profit is regarded as compensation for the venture management services. The distribution of calculation is done according to the Managing Trader’s profit percentage just after the refund procedure.
An example of PAMM accounts work of the Managing Trader:
After the registration and replenishing of the PAMM account, you can start to trade and show good results trading. The account becomes the subject of interest of the investor who makes a plan to invest money. Once you obtain his request on money investing, agree to it and wait till your account gets replenished with the investment funds. The replenishment occurs once in an hour, so the waiting time should not be more than 30 minutes.
5) You can trade Forex options at Instaforex as well.
Instaforex promoters :
A lot of famous and smart people join Instaforex brand promotion. Janko Tipsarevic tennis player, Ales Loprais – InstaForex Loprais Team pilot, ultimate fighting champion Oleg Taktarov became promoter and Instaforex trader, Magnus Carlsen Norwegian chess Grandmaster became Instaforex trader, BasketStar Ilona Korstin, etc.
Is Instaforex a good broker?
This forex broker has a lot of customers and excellent organization. Deposit and Withdrawal are speedy. Sometimes I get money in a couple of hours. You can use the Instaforex Credit Card as a deposit and withdrawal option. Competitions, support, website, information, news widgets – everything is excellent.
When you visit the InstaForex homepage, you will need hours and hours to read interesting articles and news and promotions. There are so many contests and promotions that it is hard to count all. The website is full of tools ( I like InstaForex pip calculator ) and information.
InstaForex affiliate program
InstaForex affiliate program offers to promoters lucrative earnings. Affiliates can withdraw money when they want using the same withdrawal options as same as for trading.
InstaForex affiliate program offers to web admins and promoters:
• Training materials.
• Forex news for free.
InstaForex affiliate commissions for EURUSD and major currency pairs is $1.5 for 1 trading lot. For major stocks, the affiliate commission is $1.2 for 1 trading lot.
• more than 300 trading tools include options of future connections through CBOT, NYMEX, and ICE;
• constantly Forex service upgrade – Options trading, PAMM-System, and ForexCopy System;
• exclusive TV channel named InstaForex TV (compared to other competitors, we show our own news without gathering info from other sources);
• MT5.com as an international portal of trading (company official partner);
• Instaforex bonus – 30% bonus on every deposit;
• Available bonus amount till $50000;
• leverage range extends from 1:1 extending till 1:1000;
• 2 types of accounts – including and excluding spread (spreads in place of commissions);
• advantageous swaps for BUYING and SELLING requests;
• withdrawal opportunity of funds directly with the help of “InstaForex MasterCard”;
• become a full-time member of the exclusive club (exclusive bonuses for every deposit based on account for trading);
• open segregated accounts, protect client`s capital reducing risks of major force operated states;
• Data centers numbered as many as 50 and eight trading servers present across the world;
• Beginners’ special Forex learning courses
Please, write some comments about this forex broker. You can write and bad and nice things, and I will try to help you if you need any answer.