инстафорекс esn брокер / Is InstaForex an ECN broker or market maker?

Инстафорекс Esn Брокер

инстафорекс esn брокер

Regulated by BVI FSC, CySEC

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Editor&#;s Score

Pros
  • Over 2 million traders worldwide
  • Winner of Best Broker in Asia multiple times
  • Training tools available
Cons

Min Deposit
$1

Max Leverage

Mini Account

Bonus

Platforms
Withdrawal Options

Review

Introduction

InstaForex was created in in Russia. The platform has over 1, new clients registering every day, and more than 7 million traders around the world choose to use this platform. InstaForex is part of InstaForex Group. The company, Instant Trading Ltd, is licensed by BVI FSC with license number SIBA/L/14/ while Insta Service Ltd has registration with FSC Saint Vincent with registration number IBC

InstaForex has won multiple awards and honors, including earning the title of Best Broker in Asia from the World Finance Awards for consecutive years. They have additionally earned the title of Best Retail-Broker from the EUROPEAN CEO Magazine and similar honors from CNBC Business Magazine. Other recent accolades include Best ECN Broker (and ) from the European CEO, Best Social Trading Broker by the UK Forex Awards, Best ECN Broker Eastern Europe by the Global Business Outlook, Best Forex Broker in Asia by the IAIR Awards, and Best ECN Broker in Asia from the International Finance Awards.

This platform supports an impressive 27 languages for you to use on its website and trading platform. This allows traders from around the world to easily access the platform with full understanding. The only issue is that you are automatically redirected to a language-specific version of InstaForex based on your IP address’s location and cannot change this on the home page despite the presence of language options. You must go to another page on the platform’s website to view the information in your chosen language if it differs from the detected language. The layout and design of InstaForex are not as aesthetically pleasing as that of competitors, and you will need to scroll a reasonable amount to get to the bottom of any page due to listings of partners.

Trading Conditions

The leverage offered by InstaForex is extremely high, up to 1,, making it an industry leader in this respect. Traders should keep in mind, however, that with such high leverage, it becomes easier to experience a high loss with InstaForex.

When creating an InstaForex account, traders have the choice of several bonuses. There is a percent bonus option for the first deposit. Or you can opt for a percent bonus for every deposit. Other options include an instant percent bonus on the deposit, various InstaForex Club bonuses, and InstaForex Coupon bonuses that are rewards from partners for trading activity.

InstaForex offers Standard Forex, Mini Forex, or Micro Forex accounts. There are also Cent Accounts. eunic-brussels.eurd and eunic-brussels.eu accounts, which are ideal for beginner traders seeking to hone their skills with minimal risk. Other than the smaller allowed deals and a lower maximum deal and deposit size, the trading terms are identical to those for eunic-brussels.eurd and eunic-brussels.eu accounts.

Products

InstaForex offers a wide range of trading instruments for users to select from. The platform offers trading pairs for forex, 91 CFDs for shares, three CFDs for metals, 33 total CFDs for futures and indices, and five CFDs for cryptocurrencies plus binary options. As such, most traders will not need to use multiple platforms to trade the instruments that they favor.

Regulation

Compared to other brokers, InstaForex has minimal regulation. The broker is licensed by CySEC in Cyprus with license number /15 and by BVI FSC in the British Virgin Islands with license number SIBA/L/14/

Platforms

In terms of platforms, InstaForex uses MetaTrader 4 along with its proprietary platform for mobile trading and web trading. The InstaForex platform is easy to use by traders of all experience levels. Beginners will find plenty of support for MetaTrader4 while advanced traders will appreciate the wide range of trading options plus the ability to become a top trader for the ForexCopy system.

In terms of using the charts and trading software, everything is set up in a similar way to other forex platforms, providing familiarity. The option of a demo account also allows traders to become familiar with the platform before risking their money. Generally speaking, beginners and intermediate traders will likely be more comfortable with InstaForex than highly advanced traders, although there are enough tools to keep semi-advanced traders happy.

Automated trading within InstaForex comes via ForexCopy, which allows traders of all experience levels to copy the orders of the most successful traders. With the system, it is still possible to adjust settings and cancel copied orders. The orders that the copied trader executes for forex, stocks, and cryptocurrencies become signals that your account then automatically copies in return for a small commission. This particular tool helps InstaForex appeal to beginners, and the ForexCopy Traders are numerous with clear statistics. As mentioned, the InstaForex website supports 27 languages.

Mobile Trading

The mobile trading platform from InstaForex is available for both Apple and Android devices, and it has similar functionality to the web platform, including account access, trading history, time frames, news, analytics, and orders. The website is also mobile-friendly, although it is simpler to trade using a mobile app than a web platform on a tablet or smartphone.

Pricing

There is no Zero or ECN account available from InstaForex, with the broker making a profit on all account types via spreads. In a move that sets the broker apart from others, InstaForex opts for fixed spreads for most trading instruments, with the exception of EUR/CHF and USD/ZAR. Those spreads can go up 5 and pips, respectively, during peak hours but are at 3 and points, respectively, during the day.

Although the spreads are fixed, they are far from competitive with EUR/USD set to 3 pips for eunic-brussels.eurd accounts, but with a fee of 0. By contrast, eunic-brussels.eu accounts have a spread of 0 pips for the same pair but a fee of 3, making them essentially the same. You can view all spreads on the “Specifications” page.

Deposits & Withdrawals

The minimum deposit for InstaForex depends on the method. It stands at $1 for electronic payments, $50 for credit cards, and $ for bank transfers. There are a total of 17 deposit methods, with specific availability based on the region in question. The only fees for deposits are those charged by the bank or system, and options include bank card payments, bank wires, MoneyBookers, Skrill, Neteller, Bitcoin, Megatransfer, AstroPay, China Union Pay, PayCo, Solidtrustpay, Paxum, OnlineNaira, B-Pay, and local transfers. Some deposit methods are instant while others can take up to 24 hours. In every case, the withdrawal method is the same as the deposit. There is also the option of an InstaForex Benecard or ePayments Card or Ukash for withdrawals.

Customer Support

There are many support resources on InstaForex via the support button found at the top of the page. There is an extensive FAQ section along with the option to request a callback, leave feedback, email, or chat online. The FAQ section is available in Russian, English, and Indonesian, with certain sections also available in additional languages. Call centers are available 24/7 with unique call centers (and clearly listed numbers) in the U.S./Canada, U.K., Switzerland, Malaysia, Indonesia, Georgia, Kazakhstan, Bulgaria, and Ukraine. Technical support is also available 24 hours a day via email, Viber, Twitter, ICQ, Skype, Whatsapp, Telegram, or the phone.

Research & Education

Beginners will appreciate the “For Beginners” section of the website, which provides some basic information, including how to progress from a demo account to a live account then to becoming a professional. There are also convenient sections for training, “getting started,” and video tutorials. Advanced traders will appreciate the section titled “FX Analytics,” which includes analytical reviews, a forex calendar, news, information from a chief strategist, Forex TV, and patterns.

Noteworthy Points

InstaForex focuses heavily on sponsorships of various athletes and sports, a fact that is impossible to miss as you browse its website. Most pages make at least reference to this, with many listing multiple recent sponsorships that you must scroll past to get the information you want.

The language support on InstaForex is impressive, but the website is not as easy to navigate as competitors. Overall, the broker has a good reputation and has not had any penalties or investigations in recent years.

Conclusion

InstaForex does not have as much regulation as some of the competing forex brokers, which is a strong point to consider for some traders. Despite this, it does have a very solid reputation among traders and experts along with excellent customer support. The platform’s design and overall use make it the best option for beginners to intermediate traders who will be able to take advantage of its vast resources, including tutorials and copy trading. More experienced traders may want to opt for a platform with more charting and advanced tools available, although they will likely be more than satisfied with the trading instruments offered by InstaForex. Experienced traders may want to consider using InstaForex if they are interested in enhancing their profits via the ForexCopy program where they can earn commissions from those who choose to follow them and access over instruments.

Comparison

Broker Comparison Maecenas porta rhoncus dui ut congue. Donec luctus non sem eu euismod. Ut rhoncus mauris non bibendum congue. Donec maximus ipsum a lectus sollicitudin.

InstaForex

InstaForex

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Instant Trading Ltd

Instaforex

No Deposit Bonus Instaforex Broker

30% Forex Deposit bonus

Payouts: 80 %

Min Deposit: $1

InstaForex

  • Online Since
  • Spread 3 Pips
  • Leverage Up to
  • 4 & 5 Digit (5 Decimal Pricing)
  • MetaTrader 4 & 5, WebTrader, IFX Option Trade Platform
  • Regulation: Central Bank of Russia (CBR), CySEC, FFMS
  • Scalping, Hedging, EA Robot, News Trading allowed
  • Payment options : Credit Card, Bank wire transfer, Neteller, Skrill, Webmoney, Bitcoin, Local Transfers, etc
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Details

BrokerInstaForex
Website URLeunic-brussels.eu
Founded
HeadquartersKaliningrad, Russia
LanguagesUp To 32 languages
Trading PlatformMetaTrader4, MetaTrader5, WebTrader, IFX Option Trade
Minimum 1st Deposit$1
Minimum Account Size$1
Minimum Trade Amount
Bonus30% Forex Deposit bonus
Payout80 %
LeverageUp to
SpreadFixed Spread From 3 Pips
Free Demo AccountYes
RegulatedYes
RegulationCBR, CySEC and FFMS
Deposit MethodsBank wire transfer , credit/debit cards , Skrill , Neteller , Bitcoin , MegaTransfer , Paxum transfer , PayCo , Boleto , eunic-brussels.eu , eunic-brussels.eu , CartaSi , ePayments , Dankort , Electronic Payment Standard , Nordea SOLO , POLi , PostePay , Przelewy24 , iDeal , SOFORT , Trustly , QIWI , and a number of local transfers.
Withdrawal MethodsBank wire transfer , credit/debit cards , Skrill , Neteller , Bitcoin , MegaTransfer , Paxum transfer , PayCo , Boleto , eunic-brussels.eu , eunic-brussels.eu , CartaSi , ePayments , Dankort , Electronic Payment Standard , Nordea SOLO , POLi , PostePay , Przelewy24 , iDeal , SOFORT , Trustly , QIWI , and a number of local transfers.
US Traders AllowedNo
Mobile TradingYes
Tablet TradingYes
Overall Score

Why Must Trade in Instaforex Broker ?

  • Online Since
  • Headquarters: Kaliningrad, Russia
  • Fixed Spread From 3 Pips
  • Leverage up to
  • 5 Digit (5 Decimal Pricing)
  • MetaTrader 4 & 5 Platform
  • Regulation: CBR, CySEC, FFMS in Russia (license #, #, #)
  • Scalping, Hedging, EA Robot, News Trading allowed
  • Payment options : Bank wire transfer, credit/debit cards, Skrill, Neteller, Bitcoin, MegaTransfer, Paxum transfer, PayCo, Boleto, eunic-brussels.eu, eunic-brussels.eu, CartaSi, ePayments, Dankort, Electronic Payment Standard, Nordea SOLO, POLi, PostePay, Przelewy24, iDeal, SOFORT, Trustly, QIWI, and a number of local transfers.

Click Here to Open Account Instaforex

Review of Instaforex

InstaForex is International broker that offers forex trading to traders since It is one of the earliest brokerage firms in the world and offers a total of 88 CFDs and currencies. They also have over 7 million traders and over offices worldwide. Here is a comprehensive review of the website.

Fees and commission

InstaForex offers two main types of accounts: eunic-brussels.eu (Dealing desk) and eunic-brussels.eurd (non-dealing desk). Both accounts have a minimum deposit of $1. eunic-brussels.eurd is a commission free account while eunic-brussels.eu is a commission-based account. With eunic-brussels.eurd, you get average spreads of between pips depending on the Pair. On the other hand, Insta-Eureka charges a commission based on trades and vary between % and %. In eunic-brussels.eurd account, InstaForex lists spreads of three pips on the USD/EUR while in eunic-brussels.eu account, they have no spread listed. Instead, you get a commission based on the all-in cost of three pips. In general, both types of account are nearly similar in prices.

Research and education tools

InstaForex offers a wide variety of research and education tools from videos to programs that enable traders to test their trading strategies based on the analysis of the major platforms: the MT4 and MT5. They offer an average of four to six forex news daily via these tools including interviews, weekly reviews, and several other educational videos. InstaForex also has a forex trading simulator that enables you to watch a replay of their trading and receive trading information instantly.

Deposits and withdrawals

InstaForex has numerous convenient ways of depositing and withdrawing money including credit cards, InstaForex debit card, bank wire, Neteller, Moneybookers, and several other payment options. The payment system for deposits has to be the same for withdrawals. Some of the options of charge transactions fees but most others like bitcoins are deposited without any fee. If you decide to use credit cards in your trading account, you can only withdraw less than $ via Skrill/Moneybookers and over $ via bank transfer.

Trading Platforms and tools

InstaForex is only available via MT4 and MT5. The MT4 platform enables users to monitor online forex, CFDs several other trading features via the web browser or a smartphone. The MT4 also is equipped with MQL4 development that brings a possibility to use and create automated trading systems. The automated trading systems make it possible to enjoy a variety of trading signals and indicators.

InstaForex bonuses

InstaForex claims to offer great opportunities to start trading with incredible start-up bonuses of up to USD. Start-up bonuses are offered to all new clients and those clients that have are no deposits in the first six months. Furthermore, they claim to offer a 55% bonus on every deposit made on InstaForex. However, there have been numerous complaints from traders that they didn’t receive the bonus. Clients have also cited difficulties in withdrawals while some have complained that their accounts have been cancelled after a few trades.

Customer support

InstaForex has a variety of customer support services like email phone, Skype, and live support service. Their support services are available 27/7 from to UTC. They have different phone numbers for different departments that make it possible to serve as many clients as possible.

Trust score

Regulation of a forex broker matters a lot regarding its trust. As of , the company was only regulated by CySEC in Cyprus and FSC in British Virgin Islands.

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