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InstaForex Review 2024 Pros, Cons & Key Features Revealed

instaforex reviews

I have been trading with InstaForex for a while now, and I couldn’t be happier with their service. From the very beginning, my experience has been smooth and hassle-free. This average customer rating is based on 2 InstaForex customer reviews submitted by our visitors.

So when opening an account with this broker, you can count on the best execution policy and negative balance protection. Also note that this broker is a participant of the Investor Compensation Fund, so retail clients can get a compensation of up to 20,000 EUR in case of insolvency. In addition, the firm is supervised by the Czech National Bank (CNB), the Slovak National Bank (SNB), and the Polish Financial Supervision Authority (KNF). Read our expert review to find out more about this international trading platform and discover whether InstaForex could be the right fit for you.

InstaForex Platforms Summary

Additionally, lets clients know that the broker has its own platform for binary options trading. This is the InstaBinary web platform that the broker made just for that specific purpose. It features 6-digit quotes and large-scale web solutions and charts. The broker offers a selection of instruments including forex, CFDs, and binary options. There are 9 available commodities for trading with this xcritical rezension broker.

There is a very low $1 minimum deposit to start trading and free demo accounts are also available. I like how there are over 10 ways for you to make account deposits and withdrawals. These methods include bank transfer, credit card and online payment processors. This gives greater flexibility for the needs of each individual client. For instance, I prefer digital wallets as I find it to be the quickest way to get funds into my trading account which is important if I need to act quickly on some market news.

We will inform you about the result as soon as it is become known. Hello, we are sorry to hear that you had a bad experience. Tell us your trading account number if your case is still unfinished. Hello, can you provide us with your trading account number. So we could check information about your case and try to solve any misunderstandings. Tell us your trading account number and the details about the problems you have faced so we could solve any misunderstandings.

Customer Reviews

Introducing Brokers can earn up to $53 per lot, up to 20% annual interest on the swap affiliate program, and $2 per market lot from trades made by their clients. InstaForex offers its proprietary trading platform in addition to MetaTrader 4, MetaTrader 5, and MultiTerminal. The minimum deposit required to open any InstaForex account—Insta.Standard, Insta.Eurica, Cent.Standard, or Cent.Eurica—is 1 USD.

It is common for investors to use a type of account called a forex PAMM account to invest their money in the market. They do this to get a share of any possible profits made by other traders. Now you can keep track of your forex market transactions with this too. The uninterruptible power supply means that the server is always operational even if the main power supply fails. I think this can be a great solution for anyone who wants to run automated systems around the clock without needing their own computer switched on. You can get a free VPS through other CFD brokers including IC Markets.

  1. The final amount depends on the spread and 0.1$ commission on the traded volume.
  2. Asktraders is a free website that is supported by our advertising partners.
  3. In my personal opinion, InstaForex is a real helper for everyone who wants to try their hand at trading, it helps me to trade bitcoin and get not only profit but also pleasure.
  4. This establishes direct connection between the customer and the manager.
  5. The Investing Brokers team have over 15 years of experience in the online brokerage industry and are committed to providing reliable information for all of the brokers that we review.

Best Forex Brokers with €1 Minimum Deposit

instaforex reviews

People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active. Hello, we are sorry to hear that you have a confusing experience with our company. You can always tell your trading account number so we could clear any misunderstandings. Yes, InstaForex provides account segregation to ensure the safety of client funds.

Great customer service is the most important aspect of every financial services provider. InstaForex provides customer service 24/7 which is fantastic as most competitors are only available 24/5. Traders can contact the broker using email, via live chat, or over the phone. The customer support agents are professional and super friendly. Overall, the customer service provided by this broker is great. InstaForex was founded in 2007 by the InstaFintech Group.

Instaforex commissions on Forex market are high both for major currency pairs and for cross rates. For example, the spread for EURUSD xcritical is 3 pips, which is much higher than that of competitors we are using for the purposes of our review. I say the InstaForex platform is profitable and reliable. As my experience is good in a mini account with a $100 investment. Their MT4 platform has many analytical tools and indicators and I can monitor all signals and market updates too. I can be dealing perfectly, which helps me to go right trends.

Once this step has been completed, the account holder will immediately be accredited with a sign-up bonus. To start the account registration process, the applicant can simply click on “Login” located at the top right of the InstaForex webpage. Once this has been done, a drop-down menu will appear that makes a registration option available.

It goes against our xcriticals to offer incentives for reviews. We also ensure all reviews are published without moderation. Deposits and withdrawals are generally processed quickly.