Trade more than 107 currency pairs on a range of global markets with InstaForex.
If you’re searching for a competitive online forex trading platform that lets you trade a wide range of currencies on international forex markets, make sure to give InstaForex a closer look. Founded in 2007 and headquartered in Russia, InstaForex has 260 offices all over the world and is the trading platform of choice for more than three million customers worldwide. More than 1,000 clients open an account with InstaForex everyday.
It offers access to 107 currency pairs, and traders are able to access global markets from their PC, tablet or smartphone, and there are several account types available to suit the trading needs of different investors.
Disclaimer: Trading in financial instruments carries various risks, and you can lose more than your capital. This article may contain general advice. You should always seek professional advice when deciding if a product is right for you.
What are the features of InstaForex?
InstaForex offers a range of features to suit the needs of both beginners and experienced forex traders. You should compare these against the features offered by other providers before making a decision as to which platform best suits your needs. The InstaForex features include:
Trade 107 currency pairs
Traders have access to 107 forex currency pairs, including all the major currency pairs.
Competitive commissions and spreads
InstaForex has competitive pricing structures in place to offer affordable trading options. Depending on the type of account you choose, you will either have spreads of 3-7 or commissions of 0.03%-0.07% of the trade amount.
No matter what account type, there is a leverage between 1:1 to 1:1000.
Choice of accounts
InstaForex offers a choice of four different trading accounts, each of which is designed to meet the needs of different traders. There are accounts for beginners and experienced traders, accounts with different fee structures, and even cent-based accounts designed to help you experiment with trading strategies without taking on too much risk.
Choice of trading platforms
InstaForex customers can choose to trade via the MetaTrader 4 or MetaTrader 5 platform, both of which offer fast order execution and access to an extensive range of trading tools. There is a trading app available for Apple and Android smartphones, and InstaForex provides a WebTrader platform so you can trade direct from your Internet browser.
InstaForex offers a wide range of forex and financial market analyses, news and reports to its trading clients. There are also handy educational guides and tutorials online to help you get more out of your trading account.
InstaForex frequently provides bonuses in the form of deposits into the trading accounts of its customers. When you first open an account with the provider, you receive a bonus account balance of 30% of your initial deposit amount. InstaForex also offers other bonuses throughout the year as part of special promotions.
24/7 customer support
If you ever need help with a trade, InstaForex offers 24/7 customer support via a range of channels. While there is no toll-free helpline for Australian customers, you can access help via email, chat, Skype, Twitter and a range of other instant messaging options.
InstaForex has won a number of awards for its forex broking services. These include winning the Best Broker in Asia at the International Finance Awards on multiple occasions, and the Best Forex Broker at the 2015 European CEO Awards.
Trade cryptocurrency with InstaForex
InstaForex now offers bitcoin as a trading instrument. In particular, it lets you deposit bitcoin into your trading accounts and withdraw profits, which may be a useful way to make money from bitcoin without needing to sell it.
It lets you trade:
InstaForex might be a suitable choice for forex investors who want to get involved with cryptocurrency in a way that’s familiar to them.
What you’ll need to know before applying
If you’d like to open an account with InstaForex, click one of the “Apply now” links on this page to be taken to the InstaForex website. It doesn’t cost anything to apply for an InstaForex account, and the online application process takes just a few minutes to complete. All you have to do is follow a few simple steps:
- Accept the terms of InstaForex’s Public Offer Agreement.
- Fill out the online registration form by providing your name, email address, and personal information.
- Once the form is completed, you will be sent an email with the following information:
- Your trading account number
- Your trader password
- Your phone password
- Your PIN code for confirming withdrawal requests
As soon as you have deposited money into your account, you can start trading. Alternatively, you also have the option of opening a demo account to learn more about trading forex and using your InstaForex account. It’s an easy way to get a feel for how forex markets work and is another reason why InstaForex is worth considering when choosing an online forex trading platform.