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InstaForex — Forex Broker

InstaForex:

Company: InstaForex
On-line since: 2008
Country of origin: British Virgin Islands
Regulation: Regulated by Russian FFMS.
Payment options: Moneybookers, wire transfer, credit cards, Liberty Reserve, WebMoney, e-Bullion, e-gold and RuPay
Minimum account size: $1
Minimum lot size: 0.01 lot
Leverage: from 1:1 to 1:1000
Spreads: 3 pips on EUR/USD
Rating:
4.6/10 with 543 votes

Rate broker — InstaForex:
Categories: MetaTrader Forex brokers
Oil trading brokers
Gold trading brokers
ECN Forex brokers
Forex brokers with CFD trading
Muslim Forex brokers
WebMoney Forex brokers
Liberty Reserve Forex brokers
Moneybookers Forex brokers
Opinions: See InstaForex reviews.

Advantages:

  • MetaTrader 4 trading platform.
  • 6% interest rate on deposit.
  • Flexible leverage.
  • Wide range of funding options.
  • Islamic (no interest) accounts available.
  • Rich bonus system.
  • ECN execution available.
  • Trading in Forex, stocks CFD and commodity futures.

Disadvantages:

  • No important disadvantages.

Click here to open an account with InstaForex


Reviews:

39 reviews of InstaForex are presented here. All reviews represent only their author's opinion which is not necessarily based on the real facts.


Michael Masanga from South Africa04/22/2009

I trade with instatrader. They are generally good with so many deposit and withdrawal methods like the internationally available moneybookers. You can even withdraw directly into a VISA card. I have been trying to look for a comaparive broker but so far I havent. Although the spread is a little too high especially during public holidays and the servers sometimes are slow they have an excellent customer service.


George from California04/01/2009

I like InstaForex. I tried them for 2 months and used my EA. I only deposited 50 USD and

doubled my account size, but lost the sum total of my account due to a margin call that was my fault. So, this was not InstaForex's fault.

Their platform seems reliable most of the time...although they did have a few interruptions in service during the 2 months I traded with them. I didn't lose any money related to these interuptions, but was informed to contact them for a revision to my account if I had lost money for this reason.

I love the fact that the spread for NZDJPY is only 5 pips and this pair can be traded in very small lots! I most likely will trade with InstaForex again. On a scale of 1-10 with 10 being superior...I'll give them a 6

I haven't had any experience with making a withdrawal...so I can't give them a higher score at this time...


Masani from Bangladesh03/19/2009

Damn Insta, i deposited $250 and i asked them for my bonus. i supplied them my ID card, Passport copy and Driving License but they denied after 11 days to give me any bonus. They emailed me that i am declined for any bonus and i can withdraw my money. lol i can withdraw money when i lost my whole deposited $250 and my account is $0.00 ???!!!!

I left Insta that day and my friends too. Because Insta's high/low range is very compact than fxopen or other brokers. It is better than fxopen in a way that Insta's metatrader client terminal is little bit faster than fxopen and it's lot size is little bit optimized than fxopen but damn they are.

EUR/USD spread 3 and very compact range lol sometimes i got harder to reach even 10 pips and most EA (expert advisor) i ran on insta's terminal failed to gain it's goal only for their given compact range prices.

Insta is only stealing people's money very easily.


Simeon from Hungary03/11/2009

InstaForex is good broker with good opportinties. I have good experience while working with them and still working.

Trading conditions are one of the best among other brokers, beside this there are many bonuses for newbies.

My general opportunity with InstaForex is I can withdraw my money direct to my credit card.


&#26716;&#19977;&#26376; from japan12/29/2008

InstaForex is SCAM.

I lost the money i deposited.

Do not open new accounts!.


Duro from Nigeria11/06/2008

So far so good. I think Insta Forex is a great platform to trade on in terms of flexibility on leverage. preciseness of lot size, as well as prompt payment, although they are new but I believe they are equal to the task as they claim, just give them a trial


New Trader from Asia11/06/2008

Im new to forex trading... but when i try to make deposit here using my visa card .. i feel weird ,coz they had made unacceptable verification procedure...

See this ... http://www.freeimagehosting.net/image.php?85e6fca6c3.jpg

I think that our secret document right ? .. what do you think guys ? Are they Scammer or did I missed something... ?

Please correct me if im wrong...

Thanks..


Patrick from South Africa10/07/2008

They take credit cards payments but will only pay money onto that awfull thing called webmoney and not back to your credit card.


Tomek from Slovakia07/27/2008

You can use Instaforex only if you lose your money.When you will start to make profit they will do everything to make trading awful.There are many stories when they just block traders IP if they make profit and then telling that they have provider problems (same time using 5 companies without any problems) then solving problems for 2-3 weeks and finally close account.Those who want to lose deposit no need to worry they will have no any problems with Instaforex. Profitable traders should avoid this "daugther" of Liteforex.

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