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InstaForex Review: Is InstaForex a Safe Broker for Your Trading?

InstaForex is an STP/ECN forex and CFD broker based in Russia, founded in 2007. Regulation: Registered with FCA (UK), Reference number 728735. This InstaForex review explains its regulation, trading costs, account types, payment methods and bonuses in plain words, so you can decide quickly if it fits your trading.

★ Broker reviewMT4 STP/ECN ✓ Regulated

InstaForex at a Glance

A regulated forex and CFD broker with a $1 minimum deposit, spreads from 0.0 Pips, leverage up to 1:500 and MT4 platforms. Hedging, scalping and news trading allowed.

Foundation year
2007
Regulation
Registered with FCA (UK), Reference number 728735
Headquarters
1019-1022, Novy Arbat str. 21, Moscow, 119019, Russia
Promotion
$500 to $5000 Free Bonus
ForexAllBonus score5.0/5★★★★★ Editor rating
Min. deposit
$1
Max leverage
1:500
Spreads from
0.0 Pips

Trading CFDs carries a high risk of losing money.

InstaForex Broker Overview

By ForexAllBonus Editorial Team· 12 min read· Fact-checked against broker data

Here is every key fact about InstaForex in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.

InstaForex key facts
FeatureInstaForex
Broker nameInstaForex
Foundation year2007
Headquarters1019-1022, Novy Arbat str. 21, Moscow, 119019, Russia
CountryRussia
Telephone+8-800-2000-791
Email / Skypesupport@instaforex.com
Regulated byRegistered with FCA (UK), Reference number 728735
Type of brokerSTP/ECN
Min. deposit$1
Max leverage1:500
Min. spreads0.0 Pips
Funding methodsMoneybookers - WebMoney - Paypal - Cashu - Neteller - MasterCard - VisaCard - Bank Transfer
Withdrawal methodsMoneybookers - WebMoney - Paypal - Cashu - Neteller - MasterCard - VisaCard - Bank Transfer
Base currenciesEUR / USD / GBP
LanguagesEnglish, Chinese, Indonesian, Vietnamese, Thai, Bahasa Malaysia, Brunei Malaysia, Arabic and More
Trading platformsMetaTrader 4 (MT4)
Tradable instrumentsForex Currencies, Commodities, Indices, Stocks, Bonds, Futures
Web trading✓ Yes
Mobile trading✓ Yes
News trading✓ Yes
Hedging & scalping✓ Yes
Free demo account✓ Yes
Mini accounts✓ Yes
VIP accounts✓ Yes
Managed accounts✓ Yes
Segregated accounts✓ Yes
Islamic accounts✓ Yes
Swap free accounts✓ Yes
No deposit bonus$500 to $5000 Forex No Deposit Bonus
Promotion$500 to $5000 Free Bonus

In simple words: traders get MetaTrader 4 (MT4), spreads from 0.0 Pips, leverage up to 1:500 and a $1 minimum deposit. New clients can also check the current $500 to $5000 Free Bonus. Tradable markets include Forex Currencies, Commodities, Indices, Stocks, Bonds, Futures.

Is InstaForex Safe? Regulation and Company Details

InstaForex is a regulated broker. Registered with FCA (UK), Reference number 728735. The broker says client money is kept in segregated accounts, separate from company funds.

RG

Regulation

Registered with FCA (UK), Reference number 728735

HQ

Head office

1019-1022, Novy Arbat str. 21, Moscow, 119019, Russia (Russia)

SF

Client funds

Client money is held in segregated accounts, apart from company funds.

YR

Track record

In business since 2007. Support is reachable by phone and email.

Tip: Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:500.

InstaForex Trading Conditions

Spreads and commissions

InstaForex spreads start from 0.0 Pips. Raw-spread style accounts usually charge a small commission per lot, while commission-free accounts have wider spreads. If you trade often or scalp, the raw option is usually cheaper.

Leverage

Maximum leverage reaches 1:500, depending on the account type and the instrument you trade. High leverage lets you open bigger positions with less margin, but losses grow just as fast.

Trading platforms

MetaTrader 4 (MT4)

Desktop platform

Trading styles allowed

Hedging, scalping and news trading are allowed — good news for short-term traders. Web and mobile trading are available.

InstaForex trading platform

InstaForex Account Types

InstaForex offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $1 deposit.

Free demo account

Practise with virtual money and test strategies risk-free.

Mini accounts

Smaller trade sizes and a low entry cost for beginners.

VIP accounts

Tighter pricing and priority service for larger balances.

Managed accounts

Let a strategy provider or money manager trade for you.

Segregated accounts

Client funds are kept apart from company money.

Islamic / swap-free

No overnight swap charges, in line with Sharia principles.

You can open accounts in these base currencies: EUR / USD / GBP. Choosing the currency you spend in helps you avoid conversion fees.

InstaForex account types

Deposits and Withdrawals at InstaForex

InstaForex supports the same methods for funding and withdrawals. Withdrawals normally go back to the method you used to deposit.

  • Moneybookers - WebMoney - Paypal - Cashu - Neteller - MasterCard - VisaCard - Bank Transfer

E-wallets are usually the fastest. Bank wires take longer and your bank may charge a fee. Finish identity verification (KYC) early so your first withdrawal is not delayed.

InstaForex Bonus and Promotions

Bonuses are a big reason traders search for InstaForex. Availability depends on your country and the account type.

  • $500 to $5000 Free Bonus — the current promotion for InstaForex clients. Check the volume rules before you claim it.

How bonus credit really works

  • Bonus credit is used as margin; it usually cannot be withdrawn directly.
  • Profits made with the bonus are yours, but a minimum trading volume often applies first.
  • Withdrawing money early can remove part or all of the bonus.
  • Bonuses are not offered in every country or on every account type.

Bonus terms change often. Always read the latest rules on the official InstaForex website before accepting any offer.

InstaForex Pros and Cons

Pros

  • Regulated: Registered with FCA (UK), Reference number 728735
  • $500 to $5000 Free Bonus
  • Low $1 minimum deposit
  • Spreads from 0.0 Pips, STP/ECN execution
  • MetaTrader 4 (MT4)
  • Hedging and scalping allowed
  • Islamic, mini, VIP and managed accounts

Cons

  • Bonus comes with trading-volume rules

How to Open an InstaForex Account

  1. RegisterFill in your name, email, country and phone number on the InstaForex sign-up page.
  2. Verify your identityUpload a photo ID and a proof of address (utility bill or bank statement).
  3. Choose an accountPick the account type, base currency, leverage and platform (MT4).
  4. Fund and tradeDeposit from $1 with your preferred method, claim any eligible bonus, then log in and start trading.

About InstaForex

InstaForex Review

Our broker reviews are devoted to both – beginners and advanced traders. Because sometimes, no matter how experienced and skillful in making trades you are. You will need some directions and guides for a new financial, hence we are here to check out for you.

Today, this is the thing that we will do – we introduce you InstaForex reviews for another perspective as to a moderate and appealing framework, where FX exchanges are cool and sufficiently simple to be made!

Forex brokerage firm InstaForex is a Russia headquartered ECN-broker operating on the FX market. They have more than 2 million traders from the globe with approximately 500 ~ 1,000 customers registering new trading accounts in a forex market day. InstaForex seemed online out of the blue in 2007.

It was the time when a huge number of interest to financial trading was observed by the financial services providers as well as forex traders both. So at this very remarkable moment the company behind this forex broker has done an awesome and remarkable breakthrough by using the same name as the website`s.

It has demonstrated that a broker that does not begin from UK or Cyprus – the primary goals for monetary exchanging stages back in time and sooner or later today – can bring the world an astonishing, secure and noticeable field for making forex trading.

Things to remember, their achievements are recognized by numerous awards and honors including The Best Broker in for several years again and again for several years, and they have got a good number of prizes from other leading financial and common media as well as international financial expos. We should mention some of them, such as the CNBC Business Magazine, Jordan EXPO exhibitions, ShowFX Asia, CIOT EXPO, ShowFX World, and the European

 

Type of Accounts

The accounts at InstaForex are isolated up into various classifications.

The Cent trading accounts created for starting traders since they require negligible conceivable trade volume. This type of account suits the individuals who need to test trading systems with insignificant dangers utilizing the trade preferred standpoint of 0.0001 parts.

Standard accounts work for a wide range of traders and enable a trade to be settled with traditional spread and without any charges. The highlights of the account permit trading with the Micro Forex where the base store is $1-10; the Mini Forex with a base store of $100, and the Standard Forex where a base store of $1000 is required. The principle preferred standpoint of this type of account is its all-inclusiveness, as it enables traders to pick a store measure that is advantageous for them and manage the cost of them the chance to change the trading influence. Traders pay a spread for these accounts.

Eurica trading accounts don't have a spread. This account type is suggested for tenderfoots as requests are executed right when the value achieves its esteem if the spread equivalents to 0. Likewise, the Eurica accounts enable the unpracticed trader to take in the market by utilizing an easier arrangement of trading.

This account type can be likewise utilized by proficient traders, since its trade attributes are the same as Standard account type.

Account holders have an indistinguishable trading terms from Standard andEurica. The main contrast is the measure of store required.

An examination graph enables traders to comprehend the diverse accounts all the more unmistakably.

You will be satisfied to see while doing this InstaForex survey that there is a demo account accessible for traders who are as yet reluctant about their trading abilities. Traders can open a completely useful demo account utilizing the MetaTrader 4 stage which offers its administrations on 107 money instruments, 34 U.S. stocks CFDs, fates CFDs, trades on gold and silver, and numerous others.

 

Information for Account Holders

1: 1000, the higher leverage at InstaForex is usually big. It has different spreads depending on the account type. The average spread measurement is about 1.5 ~ 1.6 pips. You can customize to choose from any of their assets. It is remarkable that – More than hundred currency instruments with 34 stocks CFDs, gold and silver, futures CFDs, and many others. Hedging, scalping is permitted for their customers at the brokerage firm. Auto signals as well as to watch trading videos all the time you are on the page.

You can join the training course offered by InstaForex, if you need a more long-lasting practice. It is free of charge.

Registered Account owners can login to the InstaForex Client Portal where they can read about money related issues and in addition news and occasions and security data.

The everyday updates about market analysis are set up by the expert investigators of InstaForex Company. They likewise give showcase flags that examine and estimate value changes. Each flag gives synopsis data, count recipes, and tips for down to earth utilize. The markers are accessible to be downloaded and set up in MetaTrader 4 stage.

InstaForex has its own gathering for account holders and additionally comical articles and writes and a money number cruncher.

InstaForex MAM-PAMM system gives traders a chance to put resources into Forex ventures. Each client of InstaForex Company can acknowledge ventures from different traders or put finances in PAMM accounts and turn into an investor of this account.

Furthermore, the Forex Copy Trading system by InstaForex is a good empowering to traders to take after effective Forex traders and duplicate their trades online on a set proportion

InstaForex Trading Software

Basically, InstaForex is a broker with principles and it uses only the best systems and platforms. The broker chooses – MetaTrader 4 for their customers. However, also offers the 5th version of the software, but traders are more likely to remain on the previous one, because they are used to it and know it almost by heart. In addition to this, the broker has a mobile version.  

You have also an option to download the Mac version of the platform, as well as to make trades on the go via the mobile version of the page. In a case, do not miss any chance to use the moment of the market tide to get the best profits. In this case, mobile trading is by all means the best chance for you to follow the news and to trade, when you see a great chance to win.

 

InstaForex Bonus

InstaForex is very open on bonuses and promotions for traders. At the time of writing this InstaForex review, there were several bonuses being awarded to account holders.

  • Welcome bonus for all newcomers of 250% from the first deposit
  • Instagram bonus of $ 20 in cash
  • Affiliate programs for traders, who have sufficiently increased experience on their arena.
  • Club rewards from the international broker association of up to 10% discount for your trading practices.
  • Forex no deposit bonus of $ 100 after signing up as a new client.
  • 55% on each next deposit you make on the site

The 100% LFC Partnership reward: InstaForex Company has banded together with a standout amongst the best English football clubs - Liverpool FC. To praise this occasion they are putting forth clients a unique reward of 100% reward on their first store.

In addition to the above, every client holding InstaForex Club Card is eligible for a Club Bonus starting at 1% for deposits of $500 and going up to 10% for $15,000.

Awesome promos and greater facilities for customers are the favorable advantages of InstaForex broker. Find the rest of them on their website now!

InstaForex Educations

InstaForex offers a large number of various training video recordings and courses alike Forex Trainer Company, a program which empowers traders to test their trading techniques in view of the specialized analysis in the prevalent stages MetaTrader 4 and MetaTrader 5. The Forex trading test system empowers clients to observe snappy replays of their trading and in a split second get data on whether their assume benefit or stop misfortune orders are enacted. On the other hand, it enables them to see a moderate movement replay of trading near each candle keeping in mind the end goal to streamline parameters.

Deposits and Withdrawals in InstaForex

The payment system for account topping up and withdrawals must be made using similar payment method. These transactions can be done via credit cards, bank wire, and InstaForex platinum card, Skrill, MoneyBookers, Neteller and another online payment systems. There are fees attached to a portion of these payment systems. Bitcoins can be deposited with no fees and should be completed during three hours.

Clients who renewed their trading accounts by a credit card in dollars can pull back to depositing source account within 300 USD via MoneyBookers/Skrill and more than 300 USD using Bank Transfer.

 

Customer Support

This is appreciable that the brokerage firm’s customer support department is open every day in a week.

Customers can reach customer support by email, telephone and live chat from 7:00 to 16:00 UTC. There are separate telephone numbers

For the different departments for assisting better they have separate telephone numbers which makes more flexible to reach the guy who can respond without having taking much longer time to speak to more than one representative. 

Customer support departments are the additional factor that makes a broker`s environment safe and convenient for their consumers. Here, at Instaforex, you can appreciate an awesome help for any case by the kind and polite agents, who are accessible for you day in and day out. These are “Malay, Indonesian, Russian, Arabic and English” languages are available if you speak to those languages, you are free to use any one in your communication with InstaForex customer support representatives.

The Conclusion

Sometimes, things go bad as we not expect. The brokerage firm is continues to lead the pack in choices and features and hence they have made a name for themselves over the last eight years. You can visit their website and you will wonder – how much information they are showing to you. You will find new information each time after opened a page and this could be somewhat confusing for new traders. Though, they don’t have any regulation, the choice of accounts and various trading platforms make this broker a great pick for experienced Forex traders and beginners also.

Official website: InstaForex

Risk warning: Leveraged products such as forex and CFDs may not suit all investors and carry a high risk to your capital. Make sure you understand the risks, consider your goals and experience, and seek independent advice if needed.

Final Verdict: Should You Choose InstaForex?

InstaForex earns 5.0/5 — a $1 entry cost, MT4 platforms and a track record since 2007.

InstaForex suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.

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