Interested in a Broker Claiming to be the Best in Asia? Read our InstaForex Review

Info AboutInstaForex

Bonus: Superb 250%

Regulation: FFMS

Instruments: Stocks, Forex, Metals and a lot more

Established: 2007

Claim InstaForex Bonus

It’s not very often we encounter a broker making such a claim, so we were prompted to take a look at InstaForex a little closer to discover whether it’s true. We appreciate finding the best broker, wherever you might be located, isn’t the easiest of tasks. Which is one of the reasons we write our reviews, in order to make the choice a little easier. InstaForex has been a well-known provider of online trading services for almost a decade, so it’s pretty certain it must be doing something traders like. Read this InstaForex review and see if there’s good reason for you to make the same choice.

Introducing InstaForex – Awarded the best broker in Asia by the World Finance Forex awards

If awards are anything to go by, InstaForex is at the top of its game. It has received a whole host of different awards from various Forex organizations, over the years it has been in operation. Founded in 2007, InstaForex is part of the InstaForex Group, and from the very beginning it teamed up with some of the big names in the industry. It signed a contract with MetaQuotes Software Corp, the leading online trading software provider, as well as the largest news suppliers eSignal and Reuters. InstaForex offers ECN trading for Forex, commodities, and derivatives, and has more than 260 offices around the world. InstaForex may not be licensed and regulated by one of the better known regulatory bodies, but it is a member of the Russian regulatory body which oversees trading activities.

InstaForex offers more promotions than you can shake a stick at

There aren’t many brokers able or willing to match the number of InstaForex bonuses. Whether that’s a positive or a negative thing we’ll leave up to you. Here are a few examples of current InstaForex promotions.

  • No deposit bonus – This particular InstaForex bonus is awarded on an individual basis, but could be as much as $100. To receive it you will need to first open a new trading account and upload a copy of your ID for verification.
  • 250% InstaForex bonus – This bonus is awarded when you replenish your account for the first time, and depends on the amount of the deposit. As before you will need to open a new trading account, add your funds and upload a copy of your ID for verification.
  • The 100% LFC Partnership Bonus – This InstaForex bonus has been introduced to mark the broker’s new partnership with Liverpool FC.
  • 55% Bonus – This bonus is awarded every time you make a deposit into your trading account, and has no maximum limit.
  • 30% bonus – This is another bonus awarded when you make a deposit and can be invested in PAMM accounts.

InstaForex also holds regular Forex contests with an annual prize pool of more than $500,000. There are also a variety of real prizes including premium cars, brand new electronic devices, and unforgettable trips. Contests are held for real and demo account traders. InstaForex provides a wide range of account options with minimum deposit only $1. With a minimum deposit requirement of just $1, there are plenty of opportunities for the beginner to try this broker before investing more cash.

Insta Standard account

instaforex-cfd-forex-trading

  • 3-7 pip spreads
  • Zero fees
  • Minimum trades of 0.01 lots
  • Leverage up to 1000:1
  • 5% interest rate
  • 10% stop out
  • 30% margin call

Insta Eurica account

  • Fees of 0.03% to 0.07%
  • Minimum trades of 0.01 lots
  • Leverage up to 1000:1
  • 5% interest rate
  • 10% stop out
  • 30% margin call

Cent Standard account

  • 3 – 7 pip spreads
  • Zero fees
  • Minimum trades of 0.10 lots
  • Leverage up to 1000:1
  • 5% interest
  • 10% stop out
  • 30% margin call

Cent Eurica account

  • Fees of 0.3% to 0.7%
  • Minimum trades of 0.10 lots
  • Leverage up to 1000:1
  • 5% interest rate
  • 10% stop out
  • 30% margin call

As well as these real money accounts there is also a demo account option. Making a deposit or requesting a withdrawal is quick and easy and the usual payment methods are accepted.

InstaForex is sticking with MetaTrader 4

InstaForex has chosen to stick with the most popular software currently available and provide MT4 as well as the updated MT5. There is also an InstaForex mobile version for those of you who prefer not to be tied to a desktop. However you choose to trade MetaTrader trading platforms will enable you to monitor your account balance, receive notification about your trades, open positions, profits, and losses. There are also heaps of useful tools to improve your trading experience and to help you make better choices.

Customer support operates 24 hours a day

If you take a look at the contact us page on this broker’s website you’ll be astounded at the number of different ways you are able to get in touch. There are a variety of international phone numbers, email, Skype, Google talk, Viber, Yahoo Messenger, Whatsapp and a number of other options. And best of all, the service is operational 24 hours a day. As well as always being there when clients need some support, InstaForex is there to offer a helping hand with your trading. For those of you starting from scratch, there is a great beginners section which links you to the most important sections of the website. There is an InstaForex library, helpful glossary, eBooks, video tutorials and a Forex learning course for beginners. So what is our opinion of InstaForex? The lack of recognized regulation is a little worrying, as is the wealth of negative feedback we’ve read from disgruntled customers. Nevertheless, InstaForex is an informative broker, and because the minimum deposit is only $1 you have every opportunity to see if you like what is being offered before investing more of your cash. This broker has a list of clients as long as your arm, so it’s got to be doing something right for so many traders to make it their first choice.