InstaForex Broker Review
InstaForex is a well-rounded broker that offers a no-deposit bonus of $1000 and trading with commissions and spreads. It also offers a free demo account. In this InstaForex broker review, we look at the pros and cons of InstaForex and what to expect from trading with the broker.
InstaForex is a well-rounded broker
InstaForex is a globally recognized broker that offers a variety of trading services. It was established in 2007 and has since grown to serve more than 7 million traders. Based in Kaliningrad, Russia, InstaForex constantly improves the quality of its products and services. As a result, InstaForex has received numerous awards. For example, it was awarded the Best Forex Cryptocurrency Trading Platform at the UK Forex Awards in 2018, and it was awarded the Development and Success award at the Financial Olympus from 2016 to 2017.
The platform is easy to use and has a number of advanced features, including a free VPS hosting solution. It also offers a number of APIs and Money Manager and PAMM account solutions. Moreover, clients can conduct tick deals through a web browser using InstaForex’s intuitive InstaTick Trader platform. This software also comes with a customer support team that is available around the clock.
InstaForex offers a wide range of trading tools, including 107 currency pairs, derivatives of 34 US stocks, binary options, and precious metals. Its platform supports both floating and fixed leverage, and its clients are protected by segregated funds and compensation schemes in case the broker fails to pay up. It also offers a wide variety of payment options, including Visa, Skrill, PayCo, and Wire Transfer.
If you’re new to forex trading, InstaForex offers a free training course. This course consists of three classes taught by qualified broker specialists. The goal of these classes is to ensure that beginners can master the basics quickly. The classes also include practical tasks that are carried out under the supervision of the instructor. A comprehensive educational center is available on the website, which allows all traders to access the information they need.
It offers a $1000 free no-deposit bonus
This offer is valid for all new customers, and it is a great way to start trading in the Forex market without risking your own money. InstaForex is a well-known Forex broker with a great range of bonuses. These bonuses include a $1000 free no deposit bonus, a 30% deposit bonus, and a no-risk bonus fund. In addition, InstaForex runs contests, challenges, and other promotions where you can win prizes.
The $1000 free no-deposit bonus is valid for new clients only. It cannot be combined with other bounce offers. It is also not applicable to cent accounts. Moreover, if you use this bonus, you are not allowed to withdraw the bonus amount, but you are allowed to withdraw 10% of your profits. InstaForex also has a ForexCopy system, which allows you to copy trades of other Instaforex clients.
This bonus is not withdrawable, but you can withdraw your profit after trading a certain number of lots. There are restrictions, however. Traders must use the MetaTrader 5 platform to use this bonus, and they can only withdraw up to $100 of profits. Moreover, you need to have 30 days of trading and trade 5 lots to withdraw your bonus.
A no-deposit bonus allows you to test the trading platform and strategies. It allows you to compare brokers side by side before deciding on a trading platform. This will help you make an informed decision. It also helps you test the different mobile applications available. You will be able to see which one suits your needs best. That way, you can choose a broker based on the best offer for your trading needs.
It offers trading with spreads or commissions
InstaForex is a broker that offers a wide variety of trading products and services. Its services are available online and on mobile platforms, as well. InstaForex also offers a number of tools to help traders make informed decisions when trading. Some of these tools include trade triggers, stop loss, and multi-asset segregated accounts.
While InstaForex charges no account-opening fee, the company does charge a dormancy fee, which is around 10 dollars per month. Moreover, it also charges a commission on indices and energies, which is fairly high. However, the company is highly regulated and offers a variety of compensation schemes for its clients.
InstaForex offers a Webtrader platform for both experienced and new traders. This user-friendly application offers an attractive interface and a consolidated list of trading instruments. It also shows the current trend in an easy-to-read chart. Traders can also use the chart panel to work with price charts.
InstaForex also offers floating and fixed leverage, ranging from one to one thousand. With this leverage, traders can increase their potential gains quickly and multiply their account value. However, it’s important to note that this kind of leverage also increases their potential losses.
InstaForex is an international broker that offers forex trading services to traders worldwide. The company was established in 2007 and claims to have over 7 million customers. Its headquarters are in Kaliningrad, Russia. Throughout its existence, the company has worked hard to improve its products and services. Several awards have recognized its outstanding work. For instance, it has been named the Best Forex Cryptocurrency Trading Platform 2018 by the UK Forex Awards. Moreover, it also won the Development and Success Award at the Financial Olympus 2016-2017.
InstaForex also offers free demo accounts, where you can practice trading without making a risky deposit. A demo account can be opened within minutes, and you can start trading with a range of financial forex instruments.
It offers a free demo account
InstaForex has introduced a free demo account option that allows users to practice trading strategies without risking any money. This demo account has a bulletproof educational offer and provides customers with round the clock customer support. It is available through various mediums, including phone and email.
It can be a tough task for beginners to learn how to trade on the Forex market. However, practicing is the best way to learn. Fortunately, demo accounts are widely available with brokers these days. One such broker is InstaForex, an EU-regulated broker.
The demo account will help you get familiar with the trading platform and develop your skills before moving on to real trading. The simulator offers realistic trading scenarios, allowing you to practice your trading strategies without risking any money. The trading environment is similar to that of a real trading account, but there are subtle differences.
InstaForex is a Cyprus-based broker that specializes in forex trading. It has higher fees than most forex brokers, but it provides a huge investment selection and unique features such as copy trading. You can choose from over 300 different instruments, including cryptocurrencies. It also offers CFDs on stocks. Its website claims that the company has over 7 million customers worldwide.
A free demo account lets you see the prices of different currencies in real-time. Moreover, it lets you open and close orders and monitor reports without risking any real money. This way, you can practice trading without any emotional commitment. The free demo account is the perfect opportunity for you to learn the ropes of the Forex market.
It offers a free VPS hosting service
If you’re looking for a Forex broker that offers free VPS hosting, you’ve come to the right place. InstaForex offers three different types of VPS hosting plans – the free VPS, the free Windows system VPS and the free InstaForex terminal VPS. Each VPS plan comes with different features and costs between $10 and $40 per month.
VPS services are offered by many brokers, but not every broker offers them for free. While some charge a fee, others offer the service for free to new and existing clients. However, these services may come with requirements. Before you make a decision on a VPS plan, make sure that you understand the terms and conditions.
If you’re unsure about what your VPS will look like, you can visit the company’s website. The website features comprehensive installation guides and a toll-free phone number. The site also offers live chat support. Whether you need assistance installing the program or having issues with the VPS itself, Exness offers an easy-to-understand manual to help you navigate the service.
If you’re trading with MT4 via an Expert Adviser, the trading platform has to be active at all times. Even a millisecond delay in internet connection speeds can delay a trade. Using a VPS that runs remotely eliminates the need to rely on your home PC. The choice of which VPS is right for you depends on the specific needs of your trading.
Forex brokers often provide VPS services for their clients. These services are often included in the broker account, and are free for traders with a certain amount of money in their account. This is an excellent feature, especially if you are a beginner or don’t have any technical knowledge.