InstaForex Review 2023 Is it a Scam or Legit Broker
We are not liable for losses that resulting from the information provided on our site. MetaTrader 4 web platform is a browser-based platform that allows traders to trade Forex and CFDs from any computer or mobile device with an internet connection. The web platform is a stripped-down version of the desktop platform, which makes it easy to use for beginners. It offers all the features and tools you need to trade Forex and CFDs, including charting, technical analysis, and order management. MetaTrader 4 mobile has a free application for Android, iPhone, and iPad that allows traders to keep track of the markets on the go. The app offers real-time quotes, charts, and news, as well as the ability to trade currencies, stocks, and indices.
InstaForex offers normal trading accounts and cent trading accounts in two different versions. The cent account is made for small deposits starting from 1$. The position size is made smaller by 10 times so you can risk less money with the lowest invested money in your trading position. InstaForex is a European Forex Broker that accepts traders from all over the world. The company was founded in 2007 in Russia, since https://traderoom.info/is-instaforex-truly-a-brokerage-firm-we-can-rely/ 2015 it is an EU-regulated entity, and offers different leveraged financial products for retail traders.
Minimum Deposit and Account Types
- Another reliable feature is the VPS hosting service that InstaForex offers.
- InstaForex is a good option for experienced traders looking to diversify their portfolios, and beginners.
- With options like 100%, 55%, and 30% bonuses, as well as special monthly promotions, traders can access a range of opportunities that suit different investment strategies.
- InstaForex is a forex and CFD broker that offers good trading conditions.
From forex pairs to CFDs and crypto, they have it covered. This and their high leverage are among the top reasons people choose this broker. The user-friendly interface of InstaForex’s trading platform makes it easy for beginners to get started.
Trade with a Regulated Broker
In the next paragraphs, we will dive deeper into the aspects related to the financial instruments, currencies, costs and commissions of each account. Security is the first element to evaluate when choosing an online platform to entrust with your capital for trading financial instruments. The InstaForex platform allows you to trade CFDs on over 400 financial instruments, including stocks, currencies, cryptocurrencies, commodities, stock indices, and futures.
Consequently, InstaForex has branches in the Czech Republic, Slovakia, and Poland, where it provides support in local languages. InstaForex is a member of the Investor Compensation Fund (I.C.F) which is additional security for the client’s funds. So, the reliability and trustworthiness of this broker raise no doubts. Instaforex provides an average range of tradable assets, but it should leave most professional traders satisfied. Instaforex also insures all client money through the Investor Compensation Fund (ICF). The objective of the ICF is to secure any claims of covered clients against members of the ICF by paying its clients compensation in the event that the company is liquidated.
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After the verification of your account, you can use all the functions of the broker. The account opening with InstaForex is not that difficult for any trader. Just sign in your personal data in the form below to create your account. After that, you get access to the trading portal where you can set up your trading account and fulfill the registration.
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While InstaForex EU lists a web trader branded as WebIFX, no further details are provided, leaving it unclear whether this is a version of the MT4 web trader or an in-house developed platform. InstaForex is also known for its significant sponsorships in professional sports, which is a testament to its general success and brand visibility. This broker provided me with the opportunity to make money our of Forex trading. Despite the lack of experience and knowledge before, I still did well because of all the learning materials that this broker offered. The trading platforms of Instaforex are all amazing but my favorite among them all is the mobile platform.
Instaforex review and test – is it a scam or not?
The Cent.Standard and Cent.Eurica accounts are ideal for beginners, offering lower financial risk. Allows full desktop platform functionality on mobile devices, enabling trading anytime, anywhere with access to global markets. A web-based platform that provides easy access to trading tools, news, and analytics, without needing to download software. Yes, accounts like Cent.Standard and Cent.Eurica are designed specifically for beginners, offering lower financial risks.
No verification is required to receive bonuses, but some promotions may have specific eligibility criteria, such as holding a Club card or meeting minimum deposit amounts. InstaForex offers a premium campaign where clients can win luxury prizes, including high-end cars, based on their trading activity and participation in the campaign. The ForexCopy system allows traders to copy the trades of successful professionals. Clients can choose from over 20 criteria to select traders to copy, and their funds remain in their account, giving them complete control. Residents of these countries are prohibited from opening trading accounts with InstaForex due to legal restrictions and compliance with anti-money laundering (AML) regulations. ForexCopy allows users to copy the trades of successful traders, making it easier for beginners to follow expert strategies.