You can get 18 plugins through InstaForex which give numerous candlestick charting capabilities – these options are very handy for executing the most popular forex trading strategies. The Insta.Standard account is for all kinds of traders and has fixed spreads ranging from 2 to 7 pips, therefore, some fees are low and some are high. For example, the EUR/USD pair is 3 pips, which is almost 2 times more than what other top forex brokers ask. InstaForex cares a lot about its users, and that’s scammed by xcritical evident from not only the educational tools and calculators available on the platform, but also the bonuses and contests. Educationally, the broker offers strategies, reviews, calendars and Forex TV, all of which are geared towards giving traders insight into the market.
Leverage and Margin
Instaforex offers a huge selection of currency pairs and copy-trading capability. The contests and bonuses, the latter of which was discussed above, are also features that make user feel valued by the company. InstaForex offers contests like Ferrari, Lucky Trader, Chancy Deposit, FX-1 Rally, Miss Insta 2021, and more, making trading something everyone can have fun with. A third important investor feature to note is passive investments, which lets you invest in the S&P 500.
- With a minimum deposit requirement of just $10, the InstaForex Copy Trader platform is accessible to a wide range of investors, including those who don’t have large capital to invest.
- The Islamic Account is designed for traders who follow Islamic finance principles, structured to comply with Sharia law.
- Overall, people who are new to Forex, as well as old pros, are welcome with this broker.
- The platform is user-friendly, particularly for beginners, with an easy-to-navigate layout.
MetaTrader 4
Its reliable performance and extensive support resources make it a dependable choice for traders seeking both proficiency and ease of use. This account provides realistic exposure to the Forex market while minimizing financial liabilities, offering a practical lxcriticalg curve for newcomers. InstaForex keeps client funds segregated from operational funds and uses robust encryption technologies to secure data transmission. They also offer two-factor authentication for an added layer of account protection. Yes, InstaForex is regulated by several reputable authorities, including the Financial Conduct Authority (FCA) in the UK, ensuring a level of trust and security for traders.
Deposit Options and Withdrawal Methods
This unique service speaks to the reliability of InstaForex’s safeguards for its clients. A client with a segregated trading account is able to store 70% of his deposit on a bank account or an account belonging to an authorized representative. This extra client protection is a very useful feature from this broker. When it comes to trading reliability, there are a few features to note with InstaForex.
Yes, currency conversion fees apply when trading in a currency different from your account’s base currency. The fees depend on xcritical exchange rates and may vary with market fluctuations. Withdrawal fees vary depending on the payment method used, with some options requiring a percentage-based fee.
There are four types of trading platforms available, including InstaBinary, WebIFX, MetaTrader4, and MetaTrader5. InstaForex also provides video tutorials on how to register on each platform. It aims to make it easy for beginner traders who want to join InstaForex.
I’m impressed with the educational resources provided by InstaForex. They offer valuable webinars and tutorials that have significantly improved my trading skills. InstaForex offers several deposit methods, including bank wire, credit/debit cards, cryptocurrency wallets, and e-wallets like Skrill and Neteller.
Not only that, but beginner traders are also exempt from confusion in determining forex trading strategies. Because Instaforex provides ForexCopy services that allow traders to copy orders from professional traders in just a few minutes. FXTM Invest charges performance fees depending xcritical rezension on profits and spreads apply to underlying assets.
InstaForex’s commitment to regulatory compliance gives me peace of mind. Their charts and indicators help me make informed trading decisions. Deposits via credit/debit cards are usually processed within 24 hours, while bank wires may take 2-4 business days. High leverage allows for larger position control with less capital but comes with higher risk. Low leverage requires more capital for equivalent positions but reduces risk exposure. Each partner is assigned a personal manager and benefits from brand production support, helping with marketing materials and merchandise.