Instaforex review

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InstaForex Review

Instaforex Review

  • Intro
  • Platform
  • Features
  • Education
  • Support & Service
  • Banking


Instaforex Broker Review

Instaforex has been one of the larger brokers that have been active in the industry for some time now. Since they started way back in 2007  they have gathered a solid following and are active pretty much everywhere in the world , thou their main core of traders are in the far east, they remain one of the larger brokers in Europe.

The company is a Russian ECN brokerage and has currently more than 2 million traders, and around 1000 new traders are being added every day.

This is important as it shows that they have some formula of success in this saturated market failure to provide service and positive trading experience is swift punished, so any broker that is able to boast this amount of trader is doing something right.

Part of what they’re doing right is their global approach, their site is translated to over 30 languages which as yet no other broker is able to match.

They hold regulation under the RAFMM , FFMS and offer the almost ridiculous leverage of 1000:1


InstaForex Platforms


The main platform at InstaForex is the renowned MetaTrader4.

MetaTrader 4 is one of the most popular trading platforms in the industry today . It allows traders to execute Forex deals through InstaForex and to receive quotations for the major currency pairs, crosses, world stock indexes.

The MT4 platform offers everything needed for a trader to monitor the financial instruments behavior and conduct technical analysis. Traders can trade Forex, CFD and futures on the MetaTrader4 platform. Reference to the MT5 was given on the InstaForex site but this platform is not yet offered to traders.

The InstaForex MetaTrader 4 is highly reliable, multifunctional and convenient. It also runs on the MS Windows OS and can be downloaded easily to Androids, Blackberrys, and iPhones.

The Multiterminal platform allows traders to work with several InstaForex trading accounts at once and is an ideal tool for traders who are able to manage more than one account at the same time.



Account holders can enter the InstaForex Client Cabinet where they can read about financial matters as well as news and events and security information.

The daily updated section of market analysis is prepared by the professional analysts of InstaForex Company. They also provide market signals that analyze and forecast price fluctuations. Each signal provides summary information, calculation formulas, and tips for practical use. The indicators are available to be downloaded and set up in MetaTrader 4 platform.

InstaForex has its own forum for account holders as well as humorous articles and blogs and a currency calculator.

InstaForex PAMM system gives traders an opportunity to invest in Forex projects. Every customer of InstaForex Company can accept investments from other traders or invest funds in PAMM accounts and become a shareholder of this account.

And the ForexCopy system by InstaForex is an innovative service enabling traders to follow successful Forex traders and copy their trades online on a set ratio.


InstaForex offers a host of different training videos and courses and well as Forex Trainer, a program which enables traders to test their trading strategies based on the technical analysis in the popular platforms MetaTrader 4 and MetaTrader 5. The Forex trading simulator enables users to watch quick replays of their trading and instantly receive information on whether their take profit or stop loss orders are activated. Alternatively, it allows them to see a slow motion replay of trading close to every candlestick in order to optimize parameters.

 Customer Support

InstaForex clients can access customer support 24/7 by email, telephone and chat from 7:00 to 16:00 UTC. There are separate telephone numbers for the different departments which makes it easy to reach the person who can help without having to speak to more than one representative.



The payment system for depositing and withdrawal must be made using the same payment method. These transactions can be made via credit cards, bank wire, InstaForex debit card, Skrill, MoneyBookers, Neteller and a host of other online payment plans. There are fees attached to some of these payment options.  Bitcoins can be deposited without any fee and are transacted within three hours.

Customers who replenished their trading accounts by a credit card in dollars can withdraw amounts less than 300 USD via MoneyBookers/Skrill and over 300 USD via Bank Transfer.

 InstaForex Bonus

InstaForex is very big on bonuses and promotions. At the time of writing this InstaForex review, there were several bonuses being awarded to account holders.

Volume Bonus: A 55% bonus for every deposit made by InstaForex customers who deposit funds to their accounts after June 15, 2013. The 55% Bonus has no limits on the maximum and minimum amount and is credited to every deposit irrespective whether the deal was profitable or not. This offer is valid until 28 April 2015.

Welcome Bonus: InstaForex offers its customers an opportunity to receive the 30% Welcome Bonus to their trading account simply by registering and filling out an online application form.

The 100% LFC Partnership bonus:  InstaForex Company has partnered with one of the most successful English football clubs – Liverpool FC. To celebrate this event they are offering customers a special bonus of 100% bonus on their first deposit.

In addition to the above, every client holding InstaForex Club Card is eligible for a Club Bonus starting at 1% for deposits of $500 and going up to 10% for $15,000.


Instaforex Details


Established 2007
Based In Kaliningrad, Russia
Telephone  they offer many forms of communication
Platform MetaTrader 4, Metatrader 5
Regulated Fully RAFMM  Regulated
Mobile Specific Trading Yes, Android & iPhone App
US Traders no
Account Currencies USD, EUR, GBP, SEK and RUB
Languages Arabic, Azerbaijani, Bulgarian, Chinese, Czech, Dutch, English, Georgian, German, Indonesian, Italian, Japanese, Latvian/Latish, Lithuanian, Malay, Polish, Portuguese, Russian, Slovak, Spanish, Turkish, Ukrainian, Urdu, Vietnamese
Trading server time zone GMT+3
Type of Broker No dealing desk
Underlying Assets Metals, Oil, Gold, Currencies, CFD’s
Commission Yes
Segregated Account Yes
Demo Account Yes
Islamic Account Yes
Minimum Deposit 200 USD, 200 EUR, 200 GBP, 20,000 JPY
Deposit Methods AlertPay , Bank Wire Transfer , Credit Card , EuroGoldCash , Global Digital Pay transfer , Liberty Reserve , Moneybookers , PerfectMoney , QIWI , RBK money , Webmoney , Yandex.Money
Withdrawal Time Up to 2+ business days for processing, 5-7 days to be in your account
Documentation Needed for Withdrawal Photo ID and proof of address. ie. utility bill
Minimum Deposit  $1
Support Email, Forum, Live chat, Office, Phone, Skype
Support Email
Support Languages Spanish, German, Russian, French, Portuguese, Turkish, Arabic, Polish, Chinese, Japanese, Farsi, Hindi, Indonesian, Latvian, Lithuanian, Malaysian, Romanian, Thai, Azerbaijani, Georgian
Platform Features Market Commentary
Trading Signals
Automated Trading
Place Trades over the Phone
Streaming News Feed
PAMM System
Free Tools Free VPS Hosting Service
Credit card


Bonuses & Promotions

Instaforex is know for its wide range of contests. The price money they offer is sometimes huge and it would be worth it to check out what the current promotions are concerning this.

These are the ones currently running

Beauty contest Miss Insta Asia 2016 Miss Insta Asia beauty contest! The numerous contestants from all over the world are competing for the Beauty Queen title! The contest lasts for 1 year. The total prize fund is $45,000.
BMW X6 from InstaForex Win BMW X6 from InstaForex, with the main prize – powerful luxury cross-over BMW X6. The campaign is open between December 28, 2015 and December 29, 2017.
Chancy Deposit InstaForex raffles off $1,000 weekly under the Chancy Deposit contest. If you want to partake, replenish your trading account with no less than $3,000. The winner of $1,000 is determined randomly every week via the individual number. Thus, you just do your routine trading and get a chance to be among the luckiest ones to get $1,000 at the end of the week without any restrictions to withdrawal.
Don’t dream it, win it! Jaguar F-Type from InstaForex The campaign “Don’t dream it, win it! Jaguar F-Type from InstaForex” begins on October 27, 2014 and comes to an end on October 31, 2016. The main prize is a powerful supercar of premium class Jaguar F-Type.
FX-1 Rally by InstaForex If you have a demo account with InstaForex, you are free to partake in FX-1 Rally by InstaForex. Weekly prize fund totals $1,500. There are no restrictions on participation in this contest.
Heading to Anfield again Have you ever dreamed of taking a fully-paid trip to Great Britain as a VIP guest of Liverpool FC and watching the game of the renowned team? Your dream can come true as early as this spring thanks to your vast knowledge about the legendary football club!
InstaForex Great Race 2016 The contest includes four stages and the final with the prize pool $55,000 and is open from March 7 till December 23, 2016. Great Race 2016 is an opportunity to check your knowledge in Forex trading and a chance to win real funds to your trading account.
InstaForex Sniper Are you a newcomer on Forex and own a demo account with InstaForex? Then InstaForex Sniper is what you need! There are no restrictions to participation. The weekly prize is $1,500. The annual prize pool totals $75,000.
Lucky Trader Every holder of a demo account with InstaForex can enter the Lucky Trader contest. Every fortnight $3,000 are raffled off. The annual prize pool is $75,000. Get enrolled in the next step during the current contest.
One Million Option The One Million Option is a weekly contest in which every owner of a demo account with InstaForex can take part. Option is the main trading instrument of this contest. The weekly prize pool tally is $1,500. There are no restrictions for InstaForex customers on taking part in the contest.
Real Scalping InstaForex Do not hesitate to participate in the Real Scalping InstaForex contest held among InstaForex demo accounts. The monthly prize pool is $6,000. The total prize money is $72,000. The monthly contest starts at 00:00 terminal time on the first Monday of every month and ends at 23:59:59 every last Friday of the month.
Trade Wise, Win Device InstaForex clients are able to win an iPad, iPhone, Blackberry, and Samsung Galaxy Tab in the course of the Trade Wise, Win Device contest. Replenish your trading account with $500 and scramble for one of 12 devices. The owner of every device is randomly determined by transparent and impartial procedure.



Feature Insta Standard Insta Eurica Cent Standard Cent Eurica
Minimum account size $1 $1 $1 $1
Minimum position size 0.01 lot 0.01 lot 0.0001 lot 0.0001 lot
Spread type Fixed Fixed Fixed Fixed
Spread on EUR/USD, pips pips 3 0 0 0
Scalping Forbidden Forbidden Forbidden Forbidden
Expert advisors Allowed Allowed Allowed Allowed
Commission (one-way)  per 1 std Lot lot $30
Trading instruments forex  1:1000 forex  1:1000 forex  1:1000 forex  1:1000
Gold & silver  1:100 Gold & silver  1:100 Gold & silver  1:100 Gold & silver  1:100
CFD  1:10 CFD  1:10 CFD  1:10 CFD  1:10
Binary Options Binary Options Binary Options Binary Options
Trading platform Metatrader 4 & 5 Metatrader 4 & 5 Metatrader 4 & 5 Metatrader 4 & 5
Digits after dot 10% 10% 10% 10%
Number of currency pairs (of which exotic) 107 (60) 107 (60) 107 (60) 107 (60)
Hedging Yes Yes Yes Yes
Overnight interest rates (swaps) Yes Yes Yes Yes
Trailing stop Yes Yes Yes Yes
Pending orders Yes Yes Yes Yes
One-click trading Yes Yes Yes Yes
Mobile trading Yes Yes Yes Yes
Automated trading Yes Yes Yes Yes



instaforex home page

screenshot of Instaforex home



Currency EUR/USD CFD, Metal GOLD Futures and Indices CFD Platinum
Currency GBP/USD CFD, Metal SILVER Futures and Indices CFD Brent Crude Oil
Currency USD/JPY CFD, Metal Bitcoin Futures and Indices CFD Cocoa
Currency USD/CHF CFD, Metal XAUUSD Futures and Indices CFD Coffee
Currency USD/CAD CFD, Metal AA Futures and Indices CFD Cotton
Currency AUD/USD CFD, Metal AAPL Futures and Indices CFD Crude Oil Light Sweet
Currency NZD/USD CFD, Metal ADBE Futures and Indices CFD DAX 30
Currency EUR/JPY CFD, Metal AIG Futures and Indices CFD Dow Jones Industrial Average
Currency EUR/CHF CFD, Metal AMD Futures and Indices CFD Euronext 100
Currency EUR/GBP CFD, Metal AMZN Futures and Indices CFD FTSE 100
Currency AUD/CAD CFD, Metal AXP Futures and Indices CFD Futures Copper
Currency AUD/CHF CFD, Metal BA Futures and Indices CFD Futures Corn
Currency AUD/JPY CFD, Metal BAC Futures and Indices CFD Futures Feeder Cattle
Currency CAD/CHF CFD, Metal BHP Futures and Indices CFD Futures Gold
Currency CAD/JPY CFD, Metal BIDU Futures and Indices CFD Futures Lean Hog
Currency CHF/JPY CFD, Metal BK Futures and Indices CFD Futures Live Cattle
Currency NZD/CAD CFD, Metal C Futures and Indices CFD Futures Silver
Currency NZD/CHF CFD, Metal CAT Futures and Indices CFD Futures Soybean Meal
Currency NZD/JPY CFD, Metal CHL Futures and Indices CFD Futures Soybean Oil
Currency EUR/AUD CFD, Metal CMCSA Futures and Indices CFD Futures Soybeans
Currency GBP/CHF CFD, Metal CSCO Futures and Indices CFD Futures Wheat
Currency GBP/JPY CFD, Metal CVX Futures and Indices CFD Hang Seng Index
Currency AUD/NZD CFD, Metal DD Futures and Indices CFD Heating Oil
Currency EUR/CAD CFD, Metal DIS Futures and Indices CFD Lumber
Currency EUR/NZD CFD, Metal EBAY Futures and Indices CFD miNY Crude Oil
Currency GBP/AUD CFD, Metal F Futures and Indices CFD miNY Natural Gas
Currency GBP/CAD CFD, Metal FB Futures and Indices CFD NASDAQ Composite
Currency GBP/NZD CFD, Metal FCX Futures and Indices CFD Natural Gas
Currency USD/DKK CFD, Metal FDX Futures and Indices CFD Nikkei 225
Currency USD/NOK CFD, Metal FSLR Futures and Indices CFD NY Harbor Gasoline
Currency USD/SEK CFD, Metal GE Futures and Indices CFD Orange Juice
Currency USD/ZAR CFD, Metal GILD Futures and Indices CFD Palladium
Currency AUD/CZK CFD, Metal GOOG Futures and Indices CFD S&P 500 Index
Currency AUD/DKK CFD, Metal GS Futures and Indices CFD Sugar
Currency AUD/HKD CFD, Metal HAL Futures and Indices CFD US Dollar Index
Currency AUD/HUF CFD, Metal HD
Currency AUD/MXN CFD, Metal HON
Currency AUD/NOK CFD, Metal HPQ
Currency AUD/PLN CFD, Metal IBM
Currency AUD/SEK CFD, Metal ILMN
Currency AUD/SGD CFD, Metal INTC
Currency AUD/ZAR CFD, Metal IP
Currency CAD/CZK CFD, Metal JCP
Currency CAD/DKK CFD, Metal JNJ
Currency CAD/HKD CFD, Metal JPM
Currency CAD/HUF CFD, Metal KHC
Currency CAD/MXN CFD, Metal KO
Currency CAD/NOK CFD, Metal MA
Currency CAD/PLN CFD, Metal MCD
Currency CAD/SEK CFD, Metal MDLZ
Currency CAD/SGD CFD, Metal MGM
Currency CAD/ZAR CFD, Metal MMM
Currency CHF/CZK CFD, Metal MO
Currency CHF/DKK CFD, Metal MON
Currency CHF/HKD CFD, Metal MRK
Currency CHF/HUF CFD, Metal MRVL
Currency CHF/MXN CFD, Metal MS
Currency CHF/NOK CFD, Metal MSFT
Currency CHF/PLN CFD, Metal MU
Currency CHF/SEK CFD, Metal NFLX
Currency CHF/SGD CFD, Metal NKE
Currency CHF/ZAR CFD, Metal NOK
Currency EUR/CZK CFD, Metal ORAN
Currency EUR/DKK CFD, Metal ORCL
Currency EUR/HKD CFD, Metal PBR
Currency EUR/HUF CFD, Metal PEP
Currency EUR/MXN CFD, Metal PFE
Currency EUR/NOK CFD, Metal PG
Currency EUR/PLN CFD, Metal POT
Currency EUR/SEK CFD, Metal QCOM
Currency EUR/SGD CFD, Metal QQQ
Currency EUR/ZAR CFD, Metal S
Currency GBP/CZK CFD, Metal SBUX
Currency GBP/DKK CFD, Metal SNDK
Currency GBP/HKD CFD, Metal SNE
Currency GBP/HUF CFD, Metal SPY
Currency GBP/MXN CFD, Metal T
Currency GBP/NOK CFD, Metal TEVA
Currency GBP/PLN CFD, Metal TRI
Currency GBP/SEK CFD, Metal TRV
Currency GBP/SGD CFD, Metal TSLA
Currency GBP/ZAR CFD, Metal TWTR
Currency NZD/CZK CFD, Metal UBS
Currency NZD/DKK CFD, Metal UL
Currency NZD/HKD CFD, Metal UPS
Currency NZD/HUF CFD, Metal UTX
Currency NZD/MXN CFD, Metal V
Currency NZD/NOK CFD, Metal VZ
Currency NZD/PLN CFD, Metal WFC
Currency NZD/SEK CFD, Metal WMT
Currency NZD/SGD CFD, Metal XOM
Currency NZD/ZAR CFD, Metal YHOO
Currency USD/CZK CFD, Metal ZNGA
Currency USD/HKD
Currency USD/HUF
Currency USD/MXN
Currency USD/SGD
Currency USD/PLN
Currency CZK/JPY
Currency DKK/JPY  
Currency HKD/JPY  
Currency HUF/JPY  
Currency MXN/JPY  
Currency NOK/JPY  
Currency SGD/JPY
Currency SEK/JPY  
Currency ZAR/JPY  
Currency USD/RUR[6]
Currency EUR/RUR[6]




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