InstaForex-Some Detailed Information about This Broker

GENERAL INFORMATION AND REGULATION

InstaForex is an international brokerage brand, and the companies united under this brand offer forex and CFD trading, providing great all-round service to customers the number of which amount to an impressive seven million.

InstaForex first appeared on the financial services scene in 2007. Over the years, the brand has only grown and expanded to have over 260 different representative offices and locations worldwide.

Where the brand made a real push to get their name out there with high-profile sponsorships through a range of different sports teams and athletic personalities such as Borussia Dortmund, Ole Einar Bjørndalen, Daria Kasatkina, Ales Loprais, Vladimír Moravčík, HKM Zvolen, and others.

One of the InstaForex brand members is Instant Trading EU LTD. This company caters individually for the EU market with its headquarters in Cyprus.

The Broker claimed to be registered and regulated that INSTANT TRADING EU LTD is Cyprus Investment Firm (HE266937) regulated by the Cyprus Securities and Exchange Commission, license number 266/15. But reviews shows that the regulation is not valid

MARKET INSTRUMENT

The products available for trading at InstaForex includes Over 100 currency pairs, derivatives of 34 US stocks CFDs and futures, commodities, tick trades, and Cryptocurrencies.

ACCOUNT AND LEVERAGE

InstaForex offers five account types each representing a universal trading tool that opens a broad road into the world of financial markets. A wide range of offers and trading conditions can meet the needs of every trader

One of the benefits of choosing InstaForex for online trading is the sensible leverage availability.

Standard with minimum deposit of 100EUR, ECN with minimum deposits of 2000EUR, ECN Pro withminimum deposits of 10,000 EUR, ECN VIP with minimum deposits of 50,000 EUR, and OYS with minimum deposits of 10,000 EUR

The maximum available leverage is 1:30 which reflects EU regulation on forex trading for retail clients.

SPREADS AND COMMISSIONS

As with the vast majority of online broker services, InstaForex utilises spreads and commissions for their platform, which vary according to the specific account you hold.

To find out more about the account structure of InstaForex in detail, read the Account Types section below for a full overview.

In basic terms, the platform offers two distinct account types: Standard and Eurica. The main difference between these accounts is the method: Standard accounts use fixed spreads starting from 2 pips, while Eurica accounts use fixed commissions starting from 0.02%.

Other account types like ECN, ECN Pro and Scalping accounts are offered to EU customers, which keep a floating spread of 0.8 or 1.2 pips.

Realistically, for the majority of traders starting out it makes more sense to go on commission as opposed to spread, to ensure the best possible outcome and fewer fees.

But with so much choice and so many options, its easy to find a solution that works for you.

TRADING PLATFORM AVAILABLE

Every InstaForex client is free to choose a trading platform that better suits his/her needs to trade in global financial markets. Today the company offers several types of popular trading platforms that are intended for fulfilling individual requirements. Below you will find out which platform suits particular trading objectives best.

The Broker uses MetaTrader MT4,

The MetaTrader 4 download is quick and simple however. Besides, InstaForex provides its self-developed plugins such as One Click Trading and Superior Forex Desk.

For traders who enjoy the style, infrastructure and familiarity of MT4, the fact that InstaForex uses this platform could be a significant bonus. There is also the Client Cabinet that adds some flexibility.

DEPOSIT AND WITHDRAWAL

InstaForex offers a great variety of methods for deposits and withdrawals, designed to provide their traders with something that works for just about anyone, anywhere in the world.

All the deposits are commission-free while fees for withdrawals can be charged by the payment processing system. The available payment methods include:

• Bank cards

• Bank wire transfers

• MoneyBookers/Skrill

• Neteller

• Sofort

• Bitcoin via Skrill

• B2BinPay.

All payments are processed within the nearest working day.

With such a wide selection of payment methods on offer, theres something to suit traders from all over the world.