One thing to note is that the only download option is for Windows when going through the trading platforms available for this broker. The broker does not specifically state that it is not available for other platforms, but we could not find information on if it is available for Mac. It should be noted that if you open an MT5 account with this broker, you can only trade forex, shares, and metals. However, we will cover everything that you can trade on the standard account.
Do I Have Negative Balance Protection with This Broker?
Regardless, I don’t think that you can go wrong with either platform if you are looking for the most accessible way to trade the markets from your desktop computer and mobile phone. If you typically only trade the Major forex pairs, maybe a few Minors and a commodity or two, you’re going to have absolutely no trouble trading with this broker! They even offer huge deposit bonuses and incentives to keep trading, which allow you even more margin to trade with on your capital.
- In addition, details are provided for a wealth of technical support options which can be selected on their website for WhatsApp and live chat on Facebook Messenger.
- The award winning InstaForex is one of the largest online trading brokers with a vast client base stretching across the globe.
- Noteworthy, Instaforex for Android is not the only official application of the broker on Google Play.
- It allows deposits in EUR and USD, with the minimum deposit starting from €1,000.
Deposit Methods
These accounts are suitable for all types of traders, ranging from professional to beginners just looking to get a grasp of the markets. Fast deposit, fast account opening, fast withdrawl process every time, customer support i got my guy he is from my country, he called me from my homeland (witch i find excelent). No hidden fees for me as others complain aboutand also they do not ask for silly documentation like all the other brokers.
Currency Conversion Fees
What’s more, both spread-free and commission-free accounts are available. Let’s compare the fees of InstaForex with other brokers to better understand the broker’s policies. For this comparison, we picked standard account fees with 3-7 spread markups and no commissions. InstaForex.eu gives free access to demo accounts to allow new or rusty traders to hone their skills and get to grips with the platforms. The demo account comes stocked with virtual money, allowing you to get a good idea of what real-life trading might look and feel like.
There are no limits on minimum withdrawals as you can always request to cash out any remaining amount in your balance. The WebTrader offers 9 timeframes and it also supports the one-click trading function. Advanced analysis tools are also available, https://traderoom.info/ allowing traders to develop indicators that will help them enjoy successful trading sessions. The browser-based platform is also very secure, utilizing the latest protection software to encrypt the data that is constantly shared by InstaForex users.
Hello, actually, there are such trading conditions by this bonus, namely the profit you have already gained is written off together with the StartUp bonus. In case of deposit bonus account during first 7 days since the moment of account opening you will continue trading with additional bonus of 110% to deposit sum. In your case the initial balance is 10.5 USD (5 USD transfer and 5.5 USD bonus).Right after deposit you can withdraw deposit sum and profit, if you have it.
Then beginners have “useful information,” which is just a section comprising links to other sections of the broker’s website. For example, there is a link to the broker’s FAQ section and to the blog. This could be quite useful as beginner traders may not know where to go because of the sheer amount of information this broker gives. Next is the Training section for beginners, which you can find here. However, this material is not available to everyone, and you will need to be an InstaForex client to download and use these lessons. There are 16 in total, and they go through various trading topics, including fundamental, mathematical, and technical analysis.
DayTrading.com is committed to helping traders of all levels make informed decisions about which broker to trade with. Compare the markets and instruments offered by InstaForex and its competitors. Please note, some markets may only be available via CFDs or other derivatives. InstaForex offers trading round the clock except for weekends and rare public holidays.
Usually, we frown upon a broker that only holds one regulation license. However, this broker is by far one of the most transparent brokers (besides ZFX) we have encountered. Besides having amazing customer support service, they also hold numerous awards since they have been in operation. InstaForex has a whole section dedicated to special offers and promotions that they call “campaigns.”. Again, this is one of the most comprehensive lists of available special offers we have come across when reviewing online brokers. Lastly, this broker offers support in many languages, which we will list below, and they also have a personal account manager.
We would like to point out the wide choice of methods for depositing funds to trading accounts Instaforex.com offers to customers from Russia. Depositing funds via payment terminals and in cash via a courier/dealer at a subway station is a rather rare method. Deposition is completely out of terms indicated on their site. It’s been already 3.5 months since placed a withdrawal request for 900 dollars. They indicate that withdrawal processing time is 2 working days. All they can say is something like “your request has been passed to our financial department”.
InstaForex TV is managed by a large staff of analysts, camera operators, news casters, film editors and other specialists. The videos are freely available and can be useful to all levels of traders, helping you to stay up to date with latest market news and the impact it could have on various trading instruments. I was extremely impressed with the very vast array of detailed educational materials available to traders ranging from trading courses, tutorial videos and daily market analysis. I would say they are one of my top choices of broker for when it comes to educating traders. If you are a beginner, then I would certainly give them consideration along with other brokers who have plenty of content such as FXTM. I must say that this is something very unique which I am yet to see any other broker provide.
Usually I trade on Bitcoin and Litecoin with them and I am getting profit constantly. On 14 July I put a buy order on BitCoin at the price of $7893 and closed it $12621 and made $8420 from this trade. Beside this I also impressed but their withdrawal system they send my all of withdrawal request within half an hour in my Bitcoin wallet. I have been trading for a while with Instaforex and very happy with them, MT4 platform and execution is outstanding.
My last withdrawal of 3000$ was yesterday, was sent to my Skrill account just in four hours. Broker offers the full set of MetaTrader platforms and the Multiterminal that is made for money managers that trade using various accounts and platforms. The main platforms that traders can install on their personal computers are MetaTrader 4 (MT4) and MetaTrader instaforex review 5 (MT5). Demo trading is very similar to live trading with one major difference; the funds you use are not real. Therefore, traders get the opportunity to learn how to use indicators, how to open and close trades and analyze markets without risking their capital. Professional traders use the Demo account to improve their trading strategies.