One of Asia’s most well known and popular Forex brokers, InstaForex are based in Russia and now boast over 2 million traders worldwide since their establishment in 2007. Today, they gain over 1000 new traders signing up to their expert brokering services every day and are an award winning broker, having received, among other accolades, the Best Broker in Asia award. Investors can be sure that their money is in safe hands thanks to InstaForex’s safe and secure trading platforms.
Which Account Types are Offered by InstaForex?
Whether prospective investors are newcomers to the money markets or whether they already have plenty of experience in Forex trading, InstaForex have an account type suited to their individual needs. Beginners can start out with an Insta.Eurica account, the benefit of which is that it has no spread and allows newcomers to try out strategies and get an understanding of the basics of Forex trading before registering for a more complex account.
Newcomers can also access a Cent.Standard or Cent.Eurica account which requires on a minimal trade volume. This enables traders to limit their risks while practising different strategies and skills.
All kinds of traders from novices to experts can use the Insta.Standard account which offers three different account types within its scope. With a deposit of only $1, an inexperienced trader can take out a Micro Forex account while those who are ready to deposit a little more can place $100 to open a Mini Forex account and the more experienced investors can take out a Standard Forex account with a deposit of $1000. This enables all kinds of traders to deposit sums that meet their individual requirements.
A demo account is also available for any traders who wish to try out the InstaForex trading platforms before committing their funds.
Which Trading Platforms are Available?
The main trading platform on offer from InstaForex is the Meta Trader 4 platform which is well known worldwide as one of the most popular platforms thanks to its host of user benefits. Easy to use, it is perfect for both novice traders and those with lots of experience, and thanks to its useful analytical and charting tools it allows easy monitoring of financial instruments. Able to be used on PCs and on mobile devices, it is a good choice for traders whether at home or on the go.
InstaForex also offer the WebTrader platform which can be modified in three different ways depending on the investor’s trading approach. Anyone wishing to buy and sell options can also download IFX Option Trade to make their trading simple and convenient.
Other Useful Information About InstaForex
Any investors with InstaForex who would like the option of trying their hand at trading a broader spectrum of assets as well as foreign currency pairs can take the opportunity offered to them of trading stocks, commodities and indices with InstaForex and maximise their profits.
InstaForex make withdrawal and deposit of funds into and out of accounts quite simple, although they must use the same method for both depositing and taking out money. They offer the traditional methods of placing funds including credit cards, debit cards and bank wire transfer but also allow use of popular online methods like Skrill, Neteller and MoneyBookers. Bitcoins can also be used and can be deposited in InstaForex accounts free of charge.
Investors are likely to be on the lookout for good bonus and incentive offers and InstaForex do not disappoint, offering many different types of deal for both new and existing traders. From Volume bonuses to Welcome deals, these offers are another good way to maximise profits.
Educational resources can be found on the InstaForex website to enable novice traders to learn new skills and hone their strategies. They offer useful training videos and courses as well as a popular trading simulator.
What is the InstaForex Customer Service Experience Like?
A good and efficient customer service team is essential when choosing a Forex broker and InstaForex take their investors’ needs seriously. They offer a good customer support service that is geared to both the Asian and European markets. Their customer service team speaks many languages including the most popular such as English but also less represented languages such as Spanish.
It is possible to contact InstaForex 24 hours a day through various different methods to make making contact really easy. Traders can use telephone helplines, email, online chat facilities and even Skype to speak to a representative. InstaForex also helpfully provide different departments’ contact numbers so that those who need a specific query answered can make direct contact instead of having to be passed around several different representatives first.
Why Should I Choose InstaForex for Forex Trading?
Traders choosing InstaForex can expect to benefit from numerous advantages:
- InstaForex offer a choice of trading platforms, with Meta Trader being the most popular thanks to its user friendly and customization interface.
- Multiple Bonus Offers
- Min. Deposit: $1/€1
- Restricted Countries: America, Belgium, South Korea and Syria
- Regulation: CySEC, BVI FSC
- They have won many awards globally
- They offer a range of useful online educational resources and a helpful trading simulator.
- They customer service team is available 24 hours a day and speak many different languages.
- Customer support can be accessed in many ways including Skype.
- Funds can be deposited and withdrawn in many ways including via both traditional and online methods.
- Traders can trade a range of assets including commodities, indices and stocks as well as foreign currency pairs.
- They offer a good range of bonuses and incentives to both existing and brand new investors.