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There are many reasons why you should read Forex broker reviews. However, being a beginner on the market and in trading experience in general makes this task mandatory. This is the only you can actually estimate if a broker is worth to be seen and registered in. So, in case you are still in a search for a proper Forex platform to trade and to become more and more advanced, check out our next review – the InstaForex review in details.
InstaForex Overview and Specifications to Consider
Many experts and regular traders, who have been on the market for years, claim that InstaForex broker is reputable and reliable enough for both – beginners and advanced players. So, you can definitely consider this website as an option by all means! InstaForex broker was established back in 2007 year, which is solid time to call it experienced and popular among the trading audience. Being owned by the company InstaForex Group, it is now based in Russia, where the main back offices are located, too. Meanwhile, InstaForex has an official license to operate on the market by the Russian financial agency FFMS. The same agency offers also superb regulation that covers the personal data safety, as well as the control of all the financial transactions mate via the website. However, the regulation does not include only Russian-based measures, but is also supported by EU. InstaForex has also very well-organized customer support services to boast with. They are 24/7 available for the audience, so no matter what question or inquiry you have, you can always rely on the polite and kind customer support representatives at InstaForex website.
The communication methods are live chat in real time, e-mails and, of course, phone calls at multiple languages, because InstaForex is quite popular among Asia, too, by the way. Here on InstaForex website, you can find specially tailored education categories for beginners, as well as affiliate programs, possibilities to trade with different instruments – commodities, foreign currencies, precious metals and etc. InstaForex has two main accounts you can choose from – a standard account with minimum deposit of $10 and mini account for beginners, where you can start with deposit of only $1. As to the spreads, Instaforex website offers 3 pips on the main foreign currency pair EUR/USD. The payment options are the general debit and credit card, Moneybookers, wire transfer, Liberty Reserve, WebMoney, e-Bullion, e-gold and RuPay. The leverage on the website is 1000:1 and the spreads are usually fixed.
InstaForex Bonus System and Types
As many other brokers Instaforex offers various choices of bonuses for new and old traders to the platform. The interesting here is that the account managers of each trader decide what bonus to offer the trader in order to get him/her started trading. Most popular bonuses that the broker is offering are:
- No Deposit Bonus – this is personal bonus depending of your country of origin and some other factors
- 250% Deposit Bonus – this is one of the best forex bonuses online ever – the trader gets 250% of its initial deposit – valid for new traders only
- 100% deposit bonus – similar to the previous one
- Many other bonuses most of them related to various deposits or the partnership of the broker with Liverpool football club
InstaForex Software Type Information
The software type on a Forex broker is another thing you need to consider before making an official account on it. And speaking of InstaForex platform, we can tell for sure that this is a broker with a very good, well-organized and intuitive software type. InstaForex website is based on MetaTrader 4. This software is known the best on the market and the most trustworthy brokers actually use it. Bear in mind that this platform provides plenty of extra options and features, which are specially made to simplify the trading experience for all the players.
Why Choosing InstaForex Broker?
If you are still hesitating and cannot make up your mind whether to sign in InstaForex, or not, there is one more option in front of you – check out its biggest benefits. Just like in most available on the web detailed Forex broker reviews, our reviews also contain the pros for a particular platform. And here are the InstaForex biggest pros you need to take under consideration by all means.
- Good regulation – double one – that comes from Russia and EU at once
- Intuitive website with one of the most popular platform from the entire trading market
- Cool website design with special categories for both – beginners and high punters in trading experience
- Amazing leverage and fixed spreads
- Automatic performance of the trades
- Perfect customer support at multiple languages and with real time live chat
Considering these strong points you are now aware of the biggest benefits that InstaForex broker can offer you. So do not waste time, but register on its website to try your luck right away!