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InstaForex
The Virgin IslandsEntry Time 2020-06-22
2020-06-22Input
https://www.instaforex.org
https://www.instaforex.org
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InstaForex · Company Summary
| InstaForex Review Summary | |
| Founded | 2007 |
| Registered Country/Region | The Virgin Islands |
| Regulation | FSC (Suspicious clone) |
| Market Instruments | Forex, CFDs, indices, futures, cryptos |
| Demo Account | ✅ ($1,500,000 demo money) |
| Leverage | 1:1-1:1000 |
| Spread | From 3.0 pips (Standard account) |
| Trading Platform | MT4, MT5, MultiTerminal, Web Platform, Mobile Trader |
| Minimum Deposit | $1 |
| Customer Support | 24/5 support, live chat, contact form |
| Tel: +9718000321266 | |
| Email: support@mail.instaforex.com | |
| Facebook, X, Instagram, Telegram, Youtube | |
| Address: 27th floor, The Prism Tower, Business Bay, Dubai, UAE | |
| Regional Restriction | USA |
InstaForex Information
InstaForex was founded in The Virgin Islands in 2007, offering trading on forex, CFDs, indices, futures, and cryptos with leverage up to 1:1000 and variable spreads on the MT4, MT5, MultiTerminal, Web Platform, and Mobile Trader trading platforms. The minimum deposit requirement is $1. Besides, USA residents are not allowed.
Pros and Cons
| Pros | Cons |
| Free $1,500,000 demo money | Suspicious clone FSC license |
| Demo accounts | Regional restrictions |
| Long operation time | Commission fees charged |
| Live chat support | |
| Various trading products | |
| Flexible leverage ratios | |
| Four types of accounts | |
| MT4 and MT5 platforms | |
| Low minimum deposit of $1 |
Is InstaForex Legit?
InstaForex is licensed by FSC to offer services. Its license number is SIBA/L/14/1082. But the current status is suspicious clone.
| Regulated Country | Regulator | Current Status | Regulated Entity | License Type | License No. |
 | British Virgin Islands Financial Services Commission (FSC) | Suspicious Clone | Instant Trading Ltd | Retail Forex License | SIBA/L/14/1082 |
What Can I Trade on InstaForex?
InstaForex provides a wide range of trading products such as forex, CFDs, indices, futures, and cryptos.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Indices | ✔ |
| Cryptos | ✔ |
| Futures | ✔ |
| Commodities | ❌ |
| Stocks | ❌ |
| Bonds | ❌ |
| Options | ❌ |
| ETFs | ❌ |
Account Type
| Account Type | Minimum Deposit |
| Insta.Standard | $1 |
| Insta.Eurica | |
| Cent.Standard | |
| Cent.Eurica |
Leverage
InstaForex offers flexible leverage options, from 1:1 to 1:1000. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital.
InstaForex Fees
| Account Type | Spread | Commission |
| Insta.Standard | From 3.0 pips | 0 |
| Insta.Eurica | From 0.0 pips | 0.03%-0.07% |
| Cent.Standard | From 3.0 pips | 0 |
| Cent.Eurica | From 0.0 pips | 0.03%-0.07% |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MT4 | ✔ | PC, web, mobile | Beginners |
| MT5 | ✔ | PC, web, mobile | Experienced traders |
| MultiTerminal | ✔ | PC | / |
| Web Platform | ✔ | Web | / |
| Mobile Trader | ✔ | Mobile | / |
Deposit and Withdrawal
InstaForex accepts payments via Visa cards, MasterCard cards, and bank transfers.
| Deposit Options | Minimum Deposit | Deposit Fees | Deposit Time |
| Local deposit from Iran | $1 | Bank fees vary | Within 1-2 days |
| Litecoin | / | Within 3 hours | |
| Bitcoin | |||
| Ethereum | |||
| PayCo | Instant | ||
| Tether | Within 3 hours |
| Withdrawal Options | Minimum Withdrawal | Withdrawal Fees | Withdrawal Time |
| Litecoin | $1 | 0.5% | Within 1-7 working hours |
| Bitcoin | |||
| PayCo | System fee | Within 48 hours | |
| Transfer between accounts | / | Within 1-7 working hours | |
| Tether | 1%-2% | ||
| Ethereum | 1% |
News
NewsNotification of the futures contracts expiration in December 2021
2022-01-21
InstaForex is an international brokerage brand, and the companies united under this brand offer forex and CFD trading, providing great all-round service to customers the number of which amount to an impressive seven million. Being one of the best-known and fast-growing international brands, InstaForex has built up a fine reputation with several high-profile sponsorships. Instaforex provide Forex, CFDs, Stock and Cryptocurrency trading.
WikiFX2022-01-21
News
NewsInstaForex Loprais Team to feature in Dakar video game!
2022-01-21
InstaForex Loprais Team is cooperation between InstaForex and Tatra team, a regular participant of Dakar Rally headed by ambitious Czech driver Ales Loprais. The official team name appeared in May 2011 and brought the squad a victory in the prestigious Silk Way Rally. InstaForex Loprais Team left behind strong rivals such as Kamaz Master, IVECO, and MAN. Benefiting from effective partnership, Ales Loprais’ team reached a new level and our company became the title sponsor of the champions.
WikiFX2022-01-21
News
NewsBorussia Dortmund and InstaForex extend partnership!
2022-01-21
InstaForex was founded in 2007 by the InstaFintech group of companies. After the registration, the broker signed contracts with MetaQuotes Software, the leading provider of online trading software, and the largest news providers, like eSignal, Reuters, etc. In the first months of its activity, the broker entered into an agreement with large Western counterparties providing access to the foreign exchange market. This marked the start of the InstaForex brokerage company.
WikiFX2022-01-21
News
NewsForex Analysis & Reviews: UDUSD bullish breakout | 9th Dec 2021
2021-12-10
On the H4, price has broken out of the descending trendline resistance, signifying bullish momentum. We can expect price to bounce from 1st Support in line with 23.6% Fibonacci retracement towards 1st Resistance in line with 61.8% Fibonacci projection and 61.8% Fibonacci retracement. Our bullish bias is further supported by the EMA period 50 acting as a support Read more: https://instaforex.org/forex_analysis/251981
WikiFX2021-12-10
News