Please note that Instaforex International does not accept customers from your current Geo location, which is
Thank you for understanding. 🙏
Please check our other recommended brokers for United States.
Are you considering investing in InstaForex but unsure if it’s a safe and legitimate trading platform? You’re not alone! In this comprehensive article, we will dive deep into InstaForex and uncover the truth about its safety and legitimacy. By the end, you’ll have all the information you need to make an informed decision. So, let’s get started!
1. Introduction to InstaForex
Table of content
- 1. Introduction to InstaForex
- 2. Advantages of InstaForex
- 2.1 Wide Range of Trading Instruments
- 2.2 Regulatory Compliance
- 3. Disadvantages of InstaForex
- 3.1 Complex for Beginners
- 3.2 Limited Payment Options
- 4. Conclusion
- Trustworthy Trading Platforms: • Learn more about Trustworthy Trading Platforms📝
- Trading Platforms:
- More Trading Platforms:
- Disclaimer And General Risk Warning:
- Author & Expert Trader - Financial Analyst:
Before we dive into the safety and legitimacy of InstaForex, let’s start with a brief overview of what InstaForex is all about. InstaForex is a well-established online trading platform that provides access to various financial markets, including forex, commodities, stocks, and indices.
With over a decade of experience in the industry, InstaForex has gained a solid reputation and has become a popular choice among traders worldwide. The platform offers a user-friendly interface, advanced trading tools, and a wide range of trading instruments.
2. Advantages of InstaForex
InstaForex comes with several notable advantages that have contributed to its success. Let’s explore some of the key benefits of trading on this platform:
2.1 Wide Range of Trading Instruments
One of the major advantages of InstaForex is its extensive offering of trading instruments. Whether you’re interested in forex, commodities, stocks, or indices, InstaForex has got you covered. This diverse selection allows traders to explore different markets and diversify their investment portfolios.
Additionally, InstaForex provides access to various trading tools and indicators, empowering traders to make well-informed trading decisions.
2.2 Regulatory Compliance
Regulatory compliance is a crucial factor to consider when evaluating the safety and legitimacy of a trading platform. InstaForex takes regulatory compliance seriously and is authorized and regulated by multiple reputable financial authorities.
These regulatory bodies ensure that InstaForex adheres to strict guidelines, providing a secure trading environment for its users. This compliance instills trust and confidence among traders, knowing that their investments are protected.
3. Disadvantages of InstaForex
While InstaForex has many advantages, it’s important to also consider the potential drawbacks. Let’s take a look at some of the disadvantages associated with this trading platform:
3.1 Complex for Beginners
InstaForex, with its wide range of trading instruments and advanced features, may seem overwhelming for beginners. The platform caters more towards experienced traders who have a good understanding of the markets and trading strategies.
However, InstaForex provides educational resources and materials to help beginners learn and develop their trading skills. With dedication and commitment to learning, beginners can gradually navigate the complexities of the platform.
3.2 Limited Payment Options
Another limitation of InstaForex is its relatively limited range of payment options. While it supports popular methods like bank transfers, credit/debit cards, and e-wallets, some traders may prefer additional options that are not currently available on the platform.
It’s essential to consider your preferred payment method and ensure that it aligns with the options provided by InstaForex before opening an account.
In conclusion, InstaForex is a reputable and legitimate trading platform with a strong track record. It offers a wide range of trading instruments, advanced tools, and maintains regulatory compliance.
While InstaForex provides numerous advantages for traders, it’s crucial to recognize the complexities involved in trading and the potential risks associated with it. Thorough research, risk management, and continuous learning are essential for success in the trading world.
|Publicly traded company?||No|
|Does it offer banking services?||No|
|Country headquarters||British Virgin Islands|
|Website Language Options||en, bul, cz, de, es, fr, ne, po, pol, ru, slo, it|
|Separate Client Funds?||Yes|
|Non-ESMA Branches Available?||Yes|
|EU Clients Accepted?||No|
|US Clients Accepted?||No|
|Canadian Clients Accepted?||(Yes only Ontario and Alberta)|
➤ Elite Signals | Stock, Crypto, & Forex
Type of assets offered:
|Forex (e.g. USDJPY or EURGBP)||Yes|
|Options and futures (S&P500 Futures or Crude Oil Futures)||Yes|
|Funds Van(ARK invest or BlackRock Equity Dividend)||No|
|CFDs (Google Share in CFD form)||Yes|
|Cryptos (BTC or ETH)||Yes|
|Stocks and ETFs (TESL or AAPL)||Yes|
|Commodities (Gold or Silver market)||Yes|
|Beginner-friendly (demo-account access)||Yes|
|Advanced /pro (High-frequency trading, algorithmic trading)||yes MT4, MT5 and Multiterminal|
|Binary option (note this is non-regulated trading, considers EXTREME risk)|
🏛️Tier 1 Regulatory Bodies:
|FSA (Financial Services Authority)||(Body replaced by(FCA) in 2013)|
|FCA (Financial Conduct Authority)||No|
|MAS (Monetary Authority of Singapore)||No|
|FINMA (Swiss Financial Market Supervisory Authority)||No|
|CFTC (Commodity Futures Trading Commission)||No|
|MIFID-ESMA (Markets in Financial Instruments Directive)||Yes|
|ASIC (Australian Securities and Investments Commission)||No|
|IIROC (Investment Industry Regulatory Organization of Canada)||No|
|SFC (Securities and Futures Commission)||No|
🏛️Tier 2 Regulatory Authorities:
|FMA (Financial Markets Authority)||No|
|CBR (Central Bank of Russia)||No|
|FSCA (Financial Sector Conduct Authority)||No|
|SEC (Securities and Exchange Commission)||No|
|DFSA (Dubai Financial Services Authority)||No|
|CBRC (China Banking Regulatory Commission)||No|
|CySEC (Cyprus Securities and Exchange Commission)||No|
|ISA (Israel Securities Authority)||No|
🏛️Tier 3 Regulatory Oversight:
|MMA (Maldives Monetary Authority)||No|
|EDR (External Dispute Resolution)||No|
|FSA (Seychelles Financial Services Authority)||No|
|SCB (Securities Commission of The Bahamas)||No|
|FSC (Financial Services Commission, Mauritius)||Yes|
|VFSC (Vanuatu Financial Services Commission)||No|
|IFSC (International Financial Services Commission, Belize)||No|
|CIMA (Cayman Islands Monetary Authority)||No|
|SVG (St. Vincent & Grenadines Financial Services Authority)||No|
|FSRC (Financial Services Regulatory Commission, St. Kitts & Nevis)||No|
|BMA (Bermuda Monetary Authority)||No|
|BVI (British Virgin Islands Financial Services Commission)||Yes|
Max Leverage Options:
|Leverage for Non-EU Clients||1000:1|
|European Leverage Limits||-|
|Leverage in Australia||-|
|US Leverage Restrictions||-|
|Canadian Leverage Rules||-|
|Demo Account Access||Yes|
|Expiration of Demo Accounts||No|
|Account Currency Choices||EUR, USD|
|Low-cost Account (nano lots)||Yes|
|Variable Spread Accounts||Yes|
|Fixed Spread Accounts||Yes|
|Zero Spread Accounts||Yes|
|Professional Trading Accounts||Yes|
|Active Trader Rewards Program||Yes|
💰Deposits and Withdrawals:
|Minimum Deposit Requirements||$1 USD|
|Minimum Withdrawal Limits||No|
|Credit Card Options||Yes|
|Bank Transfer Availability||Yes|
|Additional Payment Methods||Bank card, Bitcoin, Litecoin, Tether, Ethereum, Skrill, Neteller, PayCo, AstroPay transfer, WebMoney, Southeast Asia Bank Transfers, Africa Online Transfers, Bank transfer in PHP via Asia United Bank, Banco de Oro, Bank of the Philippine Islands, Chinabank, Coins.ph, EastWest, EON by Unionbank, ePSBank Online, Landbank, Maybank, Metrobank, Philippine National Bank, RCBC, Robinsons Bank, Security Bank, UCPB, Unionbank|
|Deposit Processing Time||1-2 business days|
|Withdrawal Processing Time||1-6 business days|
Fees and Charges:
|Commissions on Withdrawals||Yes|
|Account Inactivity Fees||Yes|
|Currency Conversion Costs||Yes|
|Are bonus Programs Available?||Yes|
Security Protocols and Measures:
|(AML) Policy Compliance||Yes|
|Know Your Customer (KYC)||Yes|
|Twitter Follower Counts||30.9K|
💹Forex Fixed Spreads:
|EUR/GBP Spread Range||No|
|EUR/USD Spread Range||No|
|USD/JPY Spread Range||No|
|GBP/USD Spread Range||No|
|USD/CHF Spread Range||No|
|AUD/USD Spread Range||No|
|USD/CAD Spread Range||No|
|NZD/USD Spread Range||No|
Trade Execution Methods:
|Direct Market Access (DMA)||No|
|Straight Through Processing (STP)||Yes|
|Electronic Communication Network (ECN) Execution||Yes|
|Market Maker Model||No|
|Non-Dealing Desk (NDD) Approach||Yes|
|First In, First Out (FIFO) Rule Application||No|
|4-Digit Decimal Pricing||Yes|
|5-Digit Decimal Pricing||Yes|
Order Types & Tools:
|Stop Loss Orders||No|
|Take Profit Orders||Yes|
|Fill or Kill (FOK) Orders||Yes|
|Trailing Stop Orders||Yes|
|Margin Call Alerts||Yes|
|One Cancels Other (OCO) Orders||No|
|Guaranteed Stop Loss Orders||No|
|Negative Balance Protection Measures||Yes|
|Minimum Trade Sizes||0.00001 lots|
|Maximum Trade Sizes||100 lots|
Available Asset Classes:
|Forex Currency Pairs||107|
|Exchange-Traded Funds (ETFs)||No|
|Initial Public Offerings (IPOs)||No|
|Dow Jones Index||No|
|FTSE 100 Index||No|
|Nikkei 225 Index||No|
|Gold Market Trading||No|
Special Account Features:
|Multi-Account Manager (MAM)||Yes|
|Percentage Allocation Money Management (PAMM)||Yes|
|Social Trading Integration||Yes|
|Copy Trading Support||Yes|
|Lot Allocation Money Management (LAMM)||No|
Supported Trading Techniques:
|Spread Betting Opportunities||No|
|Automated Expert Advisor (EA) Integration||Yes|
|Virtual Private Server (VPS) Options||Yes|
|Application Programming Interface (API) Support||Yes|
Trading Tools and Features:
|One-Click Trade Execution||Yes|
|Signal Trading Availability||Yes|
|Price Alert Notifications||Yes|
|Number of Chart Indicators Offered||51|
|Number of Chart Drawing Tools Provided||31|
|Direct Trading From Charts||Yes|
Mobile Trading Compatibility:
|Windows Mobile App||Yes|
|Mobile Trading Signal Integration||No|
|App for Smartwatches||No|
|Forex Mobile Trading||Yes|
|CFD Mobile Trading||Yes|
|Alert Notifications on Mobile Devices||Yes|
|Mobile Charting and Drawing Tools||Yes|
|Languages Supported on Mobile App||en, ar, es, po, ru, ind, chi|
|Watchlist Feature on Mobile App||Yes|
|Crude Oil Trading||No|
|Natural Gas Trading||No|
Stock Trading Fees:
|Amazon (AMZN) Shares||$0-$2.50|
|Ford Motor Co Shares||$0-$2.50|
|Alphabet (GOOGL) Shares||$0-$2.50|
|Adobe (ADBE) Shares||$0-$2.50|
|Microsoft (MSFT) Shares||$0-$2.50|
|Nvidia (NVDA) Shares||$0-$2.50|
Index Trading Fees:
|FTSE 100 Fee Structure||No|
|S&P 500 Fee Structure||No|
|Dow Jones Fee Structure||No|
|Nasdaq Fee Structure||No|
|CAC 40 Fee Structure||No|
|DAX 30 Fee Structure||No|
|Nikkei 225 Fee Structure||No|
|Euro Stoxx 50 Fee Structure||No|
Cryptocurrency Trading Fees: Maker-Taker-Spread
|Bitcoin Fees||0%, 0%, Up to 2%|
|Ethereum Fees||0%, 0%, Up to 2%|
|Ripple Fees||0%, 0%, Up to 2%|
|Binance Coin Fees||0%, 0%, Up to 2%|
|Cardano Fees||0%, 0%, Up to 2%|
|Solana Fees||0%, 0%, Up to 2%|
|Polygon Fees||0%, 0%, Up to 2%|
|Dogecoin Fees||0%, 0%, Up to 2%|
|Chainlink (LINK) Fees||0%, 0%, Up to 2%|
|Polkadot (DOT)||0%, 0%, Up to 2%|
|Avalanche (AVAX)||0%, 0%, Up to 2%|
Available Trading Platforms:
|cTrader Desktop App||No|
|cTrader Web Interface||No|
|Mirror Trader Platform||No|
|MT4 Desktop Interface||Yes|
|MT4 Web Platform||Yes|
|MT5 Desktop App||Yes|
|MT5 Web Interface||Yes|
|Proprietary Desktop Software||No|
|Proprietary Web-based Platform||Yes|
|Mac-Compatible Platform Options||No|
|Sirix Trading Platform||No|
|Platform Tutorial Videos||Yes|
|Beginner-Level Trading Videos||Yes|
|Expert-Level Trading Videos||No|
Customer Support Options:
|Callback Request Feature||No|
|Email Support Availability||Yes|
|Telephone Support||Yes (24/5)|
|Live Chat support||Yes|
|Offered Support Languages||en, bul, cz, de, es, fr, ne, po, pol, ru, slo, it|
|In-Depth Professional Reports||Yes|
|Social Trading Features - Social Newsfeeds||Yes|
|Economic Event Calendar||Yes|
|Daily Email With Trading Ideas||No|
|Analysis From Trading Central (Recognia)||No|
|Analysis From Delkos Research||No|
|Trader Sentiment Metrics||No|
|Twitter-Based News Updates||No|
|Facebook-Based News Updates||Yes|
|Daily Market Commentary||Yes|
Trustworthy Trading Platforms: • Learn more about Trustworthy Trading Platforms📝
- Is eToro Safe?
- Is Plus500 Safe and Legit?
- Is Pepperstone Safe and Legit?
- Is EasyMarkets Safe and Legit?
- Is AvaTrade Safe and Legit?
- Is Trading 212 Safe and Legit?
- Is InstaForex Safe and Legit?
- Is XM Safe and Legit?
- Is Interactive Brokers Safe and Legit?
- Is Swissquote Safe and Legit?
- Is Exness Broker Safe and Legit?
- Is IC Markets Safe and Legit?
More Trading Platforms:
- Is FBS Legit?
- Is Capital.com Safe and Legit?
- Is CMC Markets Safe and Legit?
- Is HFM Safe and Legit?
- Is FXTM Safe and Legit?
- Is FXPro Safe and Legit?
- Is FP Markets Safe and Legit?
- Is IronFX Safe and Legit?
- Is ForTrade Safe and Legit?
- Is Trade Nation Safe and Legit?
- Is Trade360 Safe and Legit?
- Is Admirals Safe and Legit?
Disclaimer And General Risk Warning:
- ► The information provided should not be seen as financial advice and is only intended for entertainment and informational purposes.
- ► Financial asset providers listed offer a variety of financial products and services, including Stocks, Crypto assets, and CFDs.
- ► CFDs are complex instruments with high risk due to leverage. In fact a 77% to 86% of retail investor accounts lose money when trading CFDs. Make sure you understand how CFDs work and evaluate whether you can afford the potential risk of losing your money.
- ► Past performance does not guarantee future results. A trading history of less than 5 complete years may not be sufficient for making investment decisions.
- ► Financial asset providers do not constitute investment advice. The value of your investments can fluctuate, putting your capital at risk.
- ► Cryptoasset investments are highly volatile and may be unregulated in some jurisdictions. Consumer protection may not be available, and taxes on profits could apply.
- ► USA financial asset providers are not affiliated with any specific entity and do not offer CFDs. The platforms take no responsibility for the accuracy or completeness of the content in this publication, which is based on publicly available, non-entity-specific information.
► Trade with caution and be warned!