Instaforex Review

InstaForex is a renowned brand that was founded in the year 2007. The brand boasts over 7 million customers and over 1,000 fresh accounts opening every other day. InstaForex ensures that traders can benefit from fantastic trading opportunities and their trades also executed expertly. More so, the clients can get assistance when they need it from reliable customer support that runs for 24hours.

Trading accounts

InstaForex has created two categories of trading accounts to see to it that the clients can make a meaningful trade. The accounts are segmented according to the method of commissions and accounting spreads.

Insta.Standard Trading Accounts

These types of accounts are focused on standard trading terms set, and the following are its elements.

1. Trading terms are standard.
2. Charges are not required
3. A fixed spread is paid once a trader gets to work with all trading instruments.
4. All categories of traders can work with it.
5. Traders can change the trading leverage
6. Micro Forex trade which is a minimum deposit of 1$-10$)
7. Mini Forex that is, minimum deposit $100)
8. Standard Forex ($10000)

Insta.Eurica Trading Accounts

Below are the characteristics of this type of trading account

1. Spread is not required to be paid during the opening of a trade
2. Zero spreads are applied
3. Best for newbies
4. This account does not need any spread to be paid during a trade opening. For most 

Cent. Standard and Cent.Eurica trading accounts

1. Minimum trade volume is allowed
2. Micro Forex which has lot volume of 0.0001
3. No risk for deposits

Security of funds

Trading with InstaForex clears you of any worry regarding the security of your assets. As soon as you fetch an account with the broker you are given complete protection that covers both the financial and technical aspect. The security measures put in place that guard your account against hackers but also gives you extra security that rules out the likelihood of your account being breached. The protection provided will not put you at your wit’s end and is 100% effective. The   security measures employed by InstaForex to keep their clients’ funds safe are:

1. SMS security at the bank level. What SMS security does is it wards off any unauthorized withdrawals from your account from hackers. Every withdrawal requires verification from the trader. It does a great job in notifying you on any malicious attempt on your account.
2. Logs of the Client Cabinet access. It gives you a history of all the logins in your cabinet. The logging information is there to ensure that the client is on the know in case of an attack on his account through withdrawal.
3. Safety of withdrawal to unverified requisites. The moment you make deposits to your account with assistance from a bank account or payment system, requisites become verified. However, it is impossible for the same requisites to get verification to withdraw more than the particular requisites deposited.
4. Two-factor authentication that is meant to protect your personal information. Two-factor authentication goes a step ahead and provides better security than a single password would.
5. HTTPS/SSL secure technology which protects the trader from wiretapping the traffic with intentions of getting hold of passwords.
6. The broker provides a virtual keyboard for traders who log in to their accounts using computers at internet-cafes. It protects the client from password spies.
7. The broker offers the client with the option of opening a segregated account, whereby clients can keep their money far from that of the brokerage.

Trading conditions

Minimum initial deposit

The customer is required to make an initial minimum deposit of $1 through electronic payment systems, $50 via card and $300 through the bank.

Spread

A minimum spread ranging from 3 pips

Trading platforms

The broker provides the clients with the following trading platforms.

MetaTrader4

MetaTrader4 is InstaForex main trading platform. The benefits that come with trading through MetaTrader4 include:

1. Allows traders to make technical analysis whereby they are also able to get news and other traders’ reviews of the broker.
2. Enables traders to evaluate several instruments of finance.
3. It highly reliable
4. It is convenient
5. It is multifunctional
6. Has a user-friendly interface

WebTrader

The major reason as to why InstaForex introduced this platform is because it was able to allow traders to trade straight from the internet browser. The other pros of trading with WebTrader are

1. The interface is user-friendly.
2. Allows the efficiency of trading with several options.
3. Allows quoting of changes online.

IFX Option Trade

IFX Option Trade platform, as the name suggests, is the best pick for clients trading options: the traders can download the platform.

InstaForex offers clients who work with options to download IFX Option Trade, one of the components of the InstaForex platform. The program is easy to install as it is set manually to the trading platform folder. The main advantage of the platform is that it gives the trader an opportunity to trade a wide variety of options, most efficiently and conveniently. As a trader, provided you have the platform installed, you will be able to both sell and buy options and at the same time monitor the history of the trade.

Forex Rates Viewer

Forex rates viewer is also among the platforms that InstaForex developers have been able to integrate into their system. What the platform does is it keeps the traders updated on any changes and trends in the market: which has proven to be useful to the trader in making moves. Forex Rates Viewer also has its set of advantages.

1. It has a foolproof interface.
2. It is convenient
3. Straightforward installation

Promotions

The trader gives a club bonus for each new deposit.

Modes of payment

InstaForex allows its traders to make deposits and withdrawal via a variety of options:

1. Credit and debit cards
2. Bank wire transfer
3. MegaTransfer
4. Paxum transfer
5. PayCo
6. Skrill
7. Neteller
8. Boleto
9. Bitcoin 

InstaForex customers are also allowed to transfer funds to clients of other companies.

BRIEFLY ABOUT InstaForex

 InstaForex is both a CFD and forex broker boasting years of experience in the market: which says a lot about its dexterity to provide the traders with excellent service among other benefits that come with being proficient with the trade. You can check out Instaforex customer reviews and comments to get a glimpse of other clients’ experience with the brokerage company.