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| Quick Brokers Facts |
| Website: |
www.instaforex.com |
| Foundation Year: |
2007 |
| Location: |
Russia |
| Regulation: |
Regulated by Russian FFMS. |
| Platforms: |
MetaTrader 4 |
| OS: |
Windows |
| Max Leverage: |
500:1 |
| Currency Pairs: |
32 |
| Spreads: |
3 pips on EUR/USD |
| Min. Deposit: |
$1 |
| Minimum Transaction: |
$1000 |
| USA: |
Yes |
| Bonus: |
$30 at the time of Account Opening |
| Phone: |
+ 7-800-2000-791 |
| E-Mail: |
support@instaforex.com |
| Address: |
30 Teatralnaya, offices 402, 501, 516, 236022, Kaliningrad, Russia |
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Features of InstaForex Trading
InstaForex has many different features that easily attract customers into its fold. Perhaps the most obvious of this is the choice that customers have when it comes to trading. With 107 different tools related to currency, 37 related to American shares and the possibility of gold trading as well, InstaForex definitely gives opportunities to customers under one roof that they might need multiple websites to achieve otherwise. Annual interest of 13% on the non-traded balance is also something that few other online brokers will offer.
Account Types
InstaForex offers the same account demo that is standard in the industry today, allowing customers to trade for free while they get used to the software interface. Once you are ready to make the jump into real trading however, you should find quickly that InstaForex also has the ability to give you a minimum deposit of $10 in order to get your account going. That is far lower than just about any other major website out there and more than one InstaForex customer has gone from that simple beginning to over thousands of dollars in cold hard cash.
Payment Options
InstaForex offers the following payment options:
Credit Card
Paypal
Wire Transfer
Local Transfer (Malaysia, Indonesia, Thailand, Africa)
Web Money
Moneybookers
Alert Pay
Liberty Reserve
Perfect Money
EuroGoldCash
Global Digital Pay
RuPay
Platform
As for the actual platform, InstaForex has one with an older interface that is still good in terms of provision of information, but a little rougher around the edges in terms of the look and feel of the software package. It has great features like no spreads and variable leverage, but at the same time you will notice the different in interface between this one and a newer software package. This is not necessarily a bad thing, but it is something you should be aware of nonetheless.
Help for Beginners
Beginners at InstaForex have an entire section of this online broker’s website devoted to their specific needs. Not only can you get introductions to Forex and Forex trading, but you can also take a tour of the software, learn about typical strategies employed in trading and even get the lowdown on some of the analysis that this software lets you employ. Even if you are not a beginning trader, there is some good stuff here worth taking a closer look at.
Security
In addition to all of the normal security features that protect a website from being hacked, InstaForex also has SMS password services that allow you to set a password over SMS that is then accessed whenever you make a withdrawal. It is these small things that could spell the difference in the future and that shows the attention to detail of InstaForex.
Conclusion
InstaForex is a large online trading website that has a lot of unique features you won’t find anywhere else. It is at least worth a closer look and could quite possibly become your online home base for Forex trading.
You can even read reviews of Xforex Online Broker and AvaFx online broker. |
