InstaForex Review 2020

Overall rating

8.4

/10

InstaForex Review 2020
Davis J.
Robertson A.
September 2020
Analysis of the Main Features of the Forex Broker

8.4

Overall rating

8.4

/10

Execution of orders

8.2

/10

Investment instruments

8.3

/10

Withdrawal speed

8.4

/10

Customer Support work

8.6

/10

Variety of instruments

8.5

/10

Trading platform

12

Position
in rating

8.4

/10

Overall rating

Trading terminals:

MT4 MobileTrading
MT5 MultiTerminal
WebTrader
12

Position in rating

8.4/10
Overall rating

Trading terminals:

MT4 MobileTrading
MT5 MultiTerminal
WebTrader

Summary of InstaForex Trading Company

InstaForex – Forex Brokers is an international company that has been providing services in the Forex currency market since 2007. Today, more than 7 million traders worldwide use the services of this broker. InstaForex offers its clients access to 300 trading instruments, such as PAMM Investment and ForexCopy system to copy trading of successful traders. The company’s activity is regulated by the British Virgin Islands Financial Services Commission (FSC) in accordance with the Securities and Investment Business Act. InstaForex has a reputation for responsible and professional trading practices. In 2016, the company received the UK Forex Best Social Broker Award, in 2018 was named the Best Forex Platform for Trading Cryptocurrency, and in 2019 Best Asian Broker and the Best Eastern European broker.

Attention!

If you have an existing Instaforex account, you will need to create an additional account in your profile on the broker's website and use the Traders Union affiliate code: NIS.

👍 Advantages of trading with InstaForex:

  • it has the best trading conditions for novice traders;
  • it includes a wide variety of financial instruments for trading: currency pairs, futures, stocks, cryptocurrencies;
  • you can generate passive income with its ForexCopy System of copy trading and PAMM accounts;
  • the lowest risk option for working with tick deals;
  • a wide range of deposit bonuses: from 30% to 100% of replenishment amount;
  • the ability to choose the optimal leverage from 1: 1 to 1: 1000;
  • a wide selection of deposit and withdrawal methods;
  • offers the latest analytics and contests for traders.

👎 Disadvantages of InstaForex:

  • users have encountered intermittent trading terminal freezes;
  • customer support is not reliable with their responsiveness timeframes.

Overall

InstaForex is recommended for active and passive trading and is suitable for both novice and experienced traders.

Visit InstaForex

InstaForex Latest Comments for 2020

21
0
1

The reviews by customers of the InstaForex indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of InstaForex published on the website in 2020 are verified and confirmed by Traders Union as reliable comments by real traders.

Being completely new to the trading world, choosing a broker was confusing. I chose InstaForex because they were the only site to offer an education system specially designed for beginners. They made learning the basics easy to understand. I quickly gained the confidence to start to copy some deals. In my first month I made my first profit! This would not have been possible without their education. As I continue to use Instaforex, I become a better trader. I hope to become a professional trader soon and make it my main source of income at Forex!

When I was choosing a broker, I chose Instaforex because it has the largest choice of options to deposit and withdraw funds as well as providing fast money transfers. They also offer the most reliable technical assistance, which gives me confidence with their professional service. This high level of support and the confidence that it has given me, has contributed to my success as a beginner trader. I am excited about what is on the horizon for me in the future. Thank you, Instaforex!

I have been trading with InstaForex for six months now. I am continually learning and whilst not every trade can be successful, I have learned that risk is present regardless of which broker is used. With the support of InstaForex when I have experienced these issues, I have confidence that InstaForex is a trusted broker. With their support and education my transactions are mostly successful. I feel satisfied and pleased that I am able to earn a constant passive income.

I have been investing with InstaForex for about a year now and prior to this I worked with two other brokers. With my previous brokers, I encountered a lot of issues when I tried to make multiple trades at the same time and I was told that it was not possible. InstaForex is different and with its professional team they have taken the time to assist me with the most complex of trading options. This has allowed me to master more advanced trading skills. I am undertaking new types of activity. Because of their professional support, I have the confidence and no longer doubt myself. InstaForex has been a great decision for me. I don’t need to look for another broker, I am impressed!

I am fairly new to the world of trading and I found it hard to choose a broker as there are so many pros and cons with each service. InstaForex stood out to me with its user-friendly and informative website and bonus system! Now I’m learning to copy transactions of successful traders with the support of InstaForex. In the future, I want to become a professional trader, because it is so enjoyable. Although I have not tried any other services, with InstaForex, I am so satisfied that I don’t need to.

I had not heard of Forex until my friend told me that she and her husband earned by investing. I have monitored the brokers market and I liked the various options that InstaForex had to offer. Now I participate in an affiliate program, as this is an additional income and its enjoyable. I like working with InstaForex mostly because of their good technical support. Thank you!

I started trading a year ago. I am very pleased with InstaForex, as this broker provides favorable trading conditions. They also provide fast and high-quality technical support. I am able to experiment with different types of transactions and make progress as a successful trader. Their overall level of service is very high and I am pleased with our collaboration. I plan to continue for some time.

2 3 4 >

Expert Review of InstaForex

The InstaForex Team is professional and reliable. I highly recommend this service. They offer optimal trading conditions that are suitable for both novice and professional traders. Clients can work with various types of accounts, use a minimum order of 0.01 lots and more than 300 Forex trading instruments.

InstaForex has been working with the Traders Union for many years. We analyzed thousands of customer reviews which were overall positive. Many customers were particularly impressed with their excellent customer service. One such customer said “Its experts are doing everything to solve the financial and technical problems encountered by users as soon as possible”.

The user-friendly interface of the website allows you to quickly find and analyze relevant information on both active and passive trading. InstaForex always cares about its customers - it provides favorable conditions for trading, as well as Customer support in an expeditious manner. It is these features that gives it a high rating of reliable Forex brokers of the Traders Union.

Antony Robertson

Traders Union
Financial Analyst

Analysis of the Main Features of the Forex Broker

8.4

Overall rating

8.4

/10

Execution of orders

8.2

/10

Investment instruments

8.3

/10

Withdrawal speed

8.4

/10

Customer Support work

8.6

/10

Variety of instruments

8.5

/10

Trading platform

Dynamics of the Popularity of InstaForex
in 2019 among the Users of the Traders Union

Dynamics of the Popularity of InstaForex in 2019 among the Users of the Traders Union

Investment Programs, Available Markets and Products of the Broker

InstaForex is the perfect broker for those who want to combine active trading with a passive investment. The best conditions and the proposed trading platforms can increase the profitability of passive investment and minimize the financial risks of the trader. The most popular services for extra income are the ForexCopy trades copying system, PAMM accounts and an affiliate program with favorable conditions. 

ForexCopy — Copy Trading service

InstaForex Review - ForexCopy
InstaForex Review - ForexCopy

ForexCopy is a company service that allows you to copy the trading of successful traders, even when there is no trading terminal at hand. All active traders are added to public monitoring, which helps the investor choose a successful signal provider. After connecting to a trader, trades are copied automatically. There are several payment options for subscription services for copy trading - a per trade fee, a daily subscription fee, or a fee for a percentage of the profits. In the latter case, the subscriber pays a minimal a percentage of the profits, if any.

  • there are no restrictions on copy trading. Users can customise their trades to copy their preferred traders on their trading account;

  • the investor has full control of their own copying settings and can manually cancel any trades;

  • some traders offer free trading for the ForexCopy subscriber . In this case, the services of the trader are paid by InstaForex;

  • the minimum deposit to start copying is $10.

Every member of the ForexCopy system can simultaneously copy other people's trading and provide the paid subscription services for copying his own trades. After registration in the system, the investor can individually set up subscriptions for each trader separately. The trader can select individual currency pairs and a convenient scale at which orders on his account will be opened.

In order to become a signal provider, you need to open a trading account with InstaForex and begin active trading. You will then need to register in the ForexCopy system as a trader and set up the conditions under which investors will copy trading. To attract more subscribers, you need to take a high position in the overall ranking. Your ranking is based on profitability.

PAMM accounts - InstaForex Investment Platform

InstaForex Review - PAMM accounts
InstaForex Review - PAMM accounts

InstaForex PAMM-system allows you to earn passive income by investing money in PAMM-accounts with different profitability levels. Each trader who has registered his trading account in the broker's PAMM system can become an investor or manager. 

PAMM system features:

  • the minimum investment is $1;

  • the investor receives all the contact details about his Manager, and can also view the status of his trading account;

  • risk diversification - due to the ability to invest in different accounts, as well as invest small amounts.

The PAMM system from InstaForex allows its participants to control all ongoing operations, as well as automatically monitor the amount of profit received. 

Important!

If you are a large investor and plan on investments over $ 10,000, contact us at [email protected] by the feedback form on our website. Our professional team will take you through all the intricacies of thedeal and all the steps from signing up to withdrawal of profits.

Instaforex affiliate programs: 

  • “Online partner” - payment to the trader of 1.5–5.3 pips from each trade made by the client brought by the trader, as well as 0.2 pips from each referral attracted by sub-partners;

  • “Investment projects” - receiving 1.5–5.3 pips from each trade when trading attracted investments in a registered PAMM account;

  • “Cost Per Action” - webmasters, SEO and Internet marketing specialists receive a one-time payment for each new active client. Its size depends on the amount of the first client replenishment and ranges from $1 to $2,000;

  • “Official Representation” - posting information about the partner office on the company’s website brings 1.5-5.3 pips from each transaction of the attracted client, and 0.2 pips of commission to the partner from trades of all his sub-partners’ clients. 

Participation in Instaforex affiliate programs helps traders earn additional income by attracting new clients to the broker.

Rebate and Discount Programs of the Traders Union for InstaForex

To reduce trading costs and receive compensation for the spread, register for free on the Traders Union website and open a trading account with InstaForex. Trading on a broker's account every month you will receive an additional payment from the Traders Union as a rebate on the spread or commission for each trade made. Rebates are awarded for both profitable and unprofitable trades. The Union pays rebates to both active traders as well as investors copying trading in the ForexCopy system.

Information

The amount of compensation is 2 pips per 1 lot. When trading binary options, compensation is 4% of the value of the option. Remuneration for PAMM accounts is 60% of the commission indicated by the manager in the account description. The trader receives 80% of the broker’s affiliate payout.

Example. If you are trading a EUR|USD currency pair, opening a 1 lot trade once a day. 1 lot for a pair of EUR|USD at InstaForex is 10,000 units of the base currency. The cost of a pip for 1 lot is $1. Spread - 3 pips. If you worked directly with InstaForex, the daily costs of the spread alone would be $3. Traders Union receives 2 pips from the broker - $2, while paying a rebate to the trader in the amount of 80%. The compensatory amount in this case will be 2 * 0.8 = $1.6 for 1 Instalot. This means a trader working with a broker through Traders Union spends only $1.4.

Try it!  You’ll like this!

Trading Conditions for InstaForex Users

InstaForex offers favorable trading conditions in the Forex market. The minimum deposit in the company for all types of accounts is 1 US dollar. The amount of leverage is from 1: 1 to 1: 1000. The stop out level is 10% on all types of accounts.

From $1

Minimum
deposit

From 1:1 up to 1:1000

Leverage

24/7

Support

MT4 MobileTrading
MT5 MultiTerminal
WebTrader
Trading platform: МТ4, МТ5, InstaTrader, WebTrader, Multiterminal, Mobile Trading
Accounts: Demo, Insta.Standard, Insta.Eurica, Cent.Standard, Cent.Eurica
Account currency: EUR, USD — for Insta.Standard and Insta.Eurica; USD cents, EUR cents — for Cent.Standard and Cent.Eurica.
Replenishment/Withdrawal: VISA/Mastercard, Skrill, NETELLER, BitCoin, LiteCoin, B2BinPay, PayCo, POS terminals, bank currency transfer, cash through dealers
Minimum deposit: From $1
Leverage: From 1:1 up to 1:1000
PAMM-accounts: Yes
Min Order: From 0.01 lot
Spread: 0 pips — Insta.Eurica and Cent.Eurica; 3–7 pips — Insta.Standard and Cent.Standard
Instruments: 300 Forex instruments, CFD, PM stocks, options, stocks, futures, cryptocurrencies
Margin call/Stop Out: 30%/10%
Liquidity provider: Barclays, Citibank, HSBC, J.P. Morgan, Morgan Stanley, UBS, Nomura
Mobile trading: Yes
Affiliate program: Yes
Orders execution: Instant Execution, Market Execution
Trading features: The ability to open segregated and Islamic (swap-free) accounts, hedging currency risks, cryptocurrency trading
Contests and bonuses: From 30% up to 100% on the account of the deposit amount, a fixed cash reward or a car for replenishing the account

Comparison of InstaForex with other Brokers

InstaForex FxPro Admiral Markets UK XM Group AvaTrade
Trading
platform
MT4, MultiTerminal, MobileTrading, MT5, WebTrader, OptionTrade MT4, MobileTrading, MT5, cTrader MT4, MT5, iPhone, iPad, Android, MT4 Supreme Edition MT4, MT5, MobileTrading MT4, MobileTrading, Zulu Trader, Mirror Trader, AvaTrader, AVA Option
Min deposit $1 $100 $200 $5 $100
Leverage From 1:1
to 1:1000
From 1:1
to 1:500
From 1:25
to 1:500
From 1:1
to 1:888
From 1:200
to 1:400
Trust management No No No No No
Accrual of % on the balance 13.00% No No No No
Spread From 0 points From 1 point From 0 points From 1 point From 0 points
Level of margin call
/ stop out
30%  /  10% 25%  /  20% 100%  /  30% 50%  /  20% 25%  /  10%
Execution of orders Instant Execution Market Execution, Instant Execution Market Execution Market Execution Instant Execution
No deposit bonus $100 No No $30 No
Cent accounts Yes No No Yes Yes

Broker comparison table of trading instruments

InstaForex FxPro Admiral Markets UK XM Group AvaTrade
Forex Yes Yes Yes Yes Yes
Metalls Yes Yes Yes Yes Yes
Crypto Yes No Yes No Yes
CFD Yes Yes Yes Yes Yes
indexes Yes Yes Yes Yes Yes
Stock Yes No Yes Yes Yes
ETF No No Yes No No
Options Yes No No No No

InstaForex Commissions & Fees

Information

Traders Union specialists have analyzed InstaForex trading conditions for explicit and hidden commissions. All information on the size of commissions contained is on the broker's website. Trading account replenishment through the popular payment system takes place without commission. The commission is charged only by the bank or e-payment system. Information on the amount of commission fees is available on their website. Withdrawal fees range from 0.5% to 3.5%, depending on the electronic payment system. PayCo does not charge a withdrawal fee.

Account type Spread (minimum value) Withdrawal commission
Insta.Standard From $3 yes
Insta.Eurica From $0 yes
Cent.Standard From $0.03 yes
Cent.Eurica From $0 yes

The size of InstaForex trading commissions we have compared with similar competitors. As a result, each of them was assigned with a level from low to high

Broker Average commission Level
InstaForex $1.5 Low
FxPro $13.2 High
AvaTrade $4 Medium
InstaForex
$1.5
FxPro
$13.2
AvaTrade
$4
Conclusion

This means that overall, an InstaForex broker offers pretty low level of commissions, which the trader can partially compensate by receiving a rebate from Traders Union.

Detailed Review of InstaForex

InstaForex is one of the leading companies providing services in the Forex market. The toolkit of its financial instruments is not limited to currency pairs. Clients can work with precious metals, cryptocurrency, and stock market assets. InstaForex offers the highest level of service, working closely with the major software developers - Reuters, eSigna and MetaQuotes Software. The broker was one of the first to offer traders the ability to trade  on the cryptocurrencies market.

InstaForex has achieved the following results:

  • more than 7,000,000 traders are clients of the company;

  • more than 10,000,000 US dollars have been invested in the company's PAMM accounts;

  • more than 250 representative offices are open around the world;

  • more than 12 years on the market.

InstaForex is the best broker for active and passive investment

InstaForex isa broker that combines the reliability, adaptability and an optimal set of features for traders. The company offers several types of accounts: Cent.Standard and Cent.Eurica — for novice traders, Insta.Standard и Insta.Eurica — for professionals who can work without restrictions. InstaForex customers have 24/7 access to ECN trading due to their high internal liquidity and reliable company’s counterparties. Today InstaForex is one of the most popular brands in the world offering ECN trading services.

Traders registered ‌at the broker ‌‌have an open access to the work of ‌ on ‌ the most ‌ most popular ‌ platforms - MetaTrader 4 and MetaTrader 5.‌ For the benefit of the customers who are always on the move, the company developed a secure web service and InstaForex mobile application. ‌Owners‌ ‌of smartphones‌ ‌with ‌‌Android‌ ‌and‌ ‌iOS‌ ‌operational‌ ‌systems‌ have an open parallel ‌ access to work with ‌ multiple  accounts.‌‌

Useful InstaForex Services: ‌

  • Forex charts. ‌ The service contains information on world currencies, as well as charts and quotes in real time.

  • Pattern Graphix. Indicator of graphical figures for the MetaTrader 4 trading terminal, it allows customers access the latest update on the occurrence of certain figures on the trading chart. ‌

  • Superior Forex Desk. Plugin for MetaTrader 4, it significantly simplifies the work with open orders, which positively affects the speed and efficiency of trading.

Advantages:

1

hedging trader’s currency risks in case of unforeseen situations;

2

ability to open segregated accounts,  separate from the brokerage account for operations;

3

over 300 trading instruments for trading currency pairs, futures, stocks, stock indices and cryptocurrencies;

4

optional average market spread as well as fixed spread options;

5

a fully customizable social trading platform with instant copy trading

6

free analytics and the latest currency and stock market news.

There are no limitations on trading strategies - hedging and locking are allowed and there are no requirements for the minimum hold time of transactions in the market.

How to Start Making Profits — Guide for Traders

‌InstaForex ‌offers several options for opening an account:

Account Type
Description
Cent.Standard
cent account, it allows settling minimal transactions from 0.10 lots (equivalent to 0.0001 market lots). Instant order execution speed and a leverage of 1: 1000 is the best option for novice traders and for those who want to test the trading system.
Cent.Eurica
cent account for practicing professional trading skills. The speed of execution of orders is instant, the spread is from 0 points, the commission for withdrawing to the interbank is 0%.
Insta.Standard
standard account with a minimum deposit of $1. Instant execution speed, spread from 3 pips.
Insta.Eurica
account for professional trading with unlimited maximum deposit, zero spread and instant transaction speed. Commission for 1 lot - 0.03% – 0.07%

By opening a free demo account the trader will be able to test the trading conditions and terminal features before deciding on which option they wish to choose.

InstaForex offers the best working conditions for both a novice trader and a professional. The implementation of any strategy type is comfortable and most profitable.

Bonuses Paid by the Broker

"100% bonus".

The opportunity to get a bonus of 100% for the first replenishment.

"55% bonus."

Bonus of 55% for each replenishment.

"30% bonus."

A bonus of 30% on every deposit enrollment.

"Club Bonus."

A bonus of up to 40% for each account replenishment is awarded to the members of InstaForex Club.

"Happy deposit."

The chance to win a bonus of $5,000 once a month when replenishing an account from $3,000.

InstaForex Review - Bonuses
InstaForex Review - Bonuses

Bonus from Traders Union.

To reduce trading costs when working on InstaForex, traders have the option to receive rebates from the Traders Union. To do this, simply register for free on their website, follow the affiliate link to the InstaForex website and open a trading account. Trade actively and receive monthly spread compensation on your Traders Union balance sheet. If you are an existing InstaForex trader, you will be able to access this option through your Traders Union account.

Investment Education Online

Information

There is a dedicated resource for beginners and novice users in the "Training" section on the InstaForex site. The free basic course consists of 3 classes taught by qualified broker specialists. The course is designed to allow the student to master quickly with practical tasks performed in each lesson under the supervision of the teacher.

The broker's website contains analytical tools that for all traders from beginner to professional level.

Information available in the Analysis and Education section
Unavailable information at InstaForex site
News about EUR/USD
Forex Terminology
Schedule of public holidays and working hours of international exchanges  
 
Economic calendar
 
Section “Hot news” with informal information presenting
 
“Chief strategist” - blog of InstaForex chief specialist on trading strategies
 

The trader can access all information on the site from both the demo and trading accounts.

Security (Protection for Investors)

Information

InstaForex is regulated by the British Virgin Islands Financial Services Commission - FSC. License Number: SIBA / L / 14/1082.

FSC is an international regulator operating in accordance with the Law on Securities and Investment Business. The regulator strictly controls the activities of licensees and the execution of the tasks by brokers. Possession of a license from the FSC guarantees InstaForex customers information transparency and protection of their interests. 

👍 Advantages

  • Segregated accounts are maintained in accordance with the requirements of the regulator
  • The customer is protected from negative balance
  • Disputes are resolved by an independent arbitrator

👎 Disadvantages

  • The regulator does not consider the claims of private traders with minor amounts

Withdrawal Options and Fees

  • InstaForex Broker makes an instant withdrawal of money when the trader submits the corresponding application. The company’s customer is not limited to the number of requests. The commission for money withdrawal depends on the chosen electronic payment system.

  • There are 12 options for depositing and withdrawing funds are available: VISA / Mastercard, Qiwi, Yandex.Money, Skrill, NETELLER, BitCoin, LiteCoin, B2BinPay, PayCo, payment terminals, bank currency transfer, cash through dealers.

  • When withdrawing to e-systems, money is credited within 1-15 minutes. Replenishment and withdrawal to bank cards and by bank transfer takes 2-6 business days.

  • Withdrawal and replenishment currencies — EUR, USD.

  • Transactions over $1,000 require verification.

Customer Support Service

Information

InstaForex Broker Customer support staff are available 24 hours / 7 days per week. There is an option to use their Live chat function which is also available 24 hours / 7 days per week. .

The Financial Department Operations Department is available Monday to Friday during business hours (from 8 am. to 5 pm).

👍 Advantages

  • Online chat and phone support 24 hours / 7 days per week
  • Support is provided in over 25 languages

👎 Disadvantages

  • Finance Department is only available during business hours and does not operate on weekends

There are several ways to contact Customer support:

  • request a call back;

  • via email;

  • online chat via social networks;

  • via feedback form.

Support is available on the broker's official website and in a personal account.

Contacts

Registration address Shamrock Lodge, Nurray Road, Kingstown, St. Vincent
Official site
Contacts

Review of the Personal Cabinet of InstaForex

To start working on the Forex exchange through the InstaForex broker and save on the spread with Traders Union help, you must follow these steps:

1

Register on the Traders Union site and follow the Affiliate link to the broker's website. Click the "Open Account" button on the main page.

InstaForex Review - Instant Account Opening
InstaForex Review - Instant Account Opening
InstaForex Review - Instant Account Opening
2

To complete your registration, you will need to provide your name, phone number and email address. A confirmation number will be sent via your nominated method, either your phone number or email address. Enter confirmation number and verify this and the registration will be completed.

The following is available in the InstaForex Personal Account:

3
1. Account replenishment and withdrawal of funds:
InstaForex Review - Money Withdrawal
InstaForex Review - Money Withdrawal
2. The following is available on the Trading Account:
InstaForex Review - Financial Operations
InstaForex Review - Financial Operations/figcaption>
1. Account replenishment and withdrawal of funds:
InstaForex Review - Money Withdrawal
2. The following is available on the Trading Account:
InstaForex Review - Financial Operations

Also, there are many other useful features and functions:

  • trading statistics using the ForexCopy social trading platform and analytics of open PAMM accounts;

  • section for passing account and card verification;

  • information about company news and current promotions;

  • customer support - the ability to ask a question and post a claim.

Tags:

InstaForex instaforex instaforex.com instaforex.ru instaforex tv

The Oldest Reviews of the InstaForex

The reviews by customers of the InstaForex indicate that it is a reliable brokerage company. Positive reviews increase standing and, of course, any negative reviews decrease its position in the ratings.

Just register and get authorized to submit a review of the broker’s activities and conditions on its platform. Everyone can and is invited to submit a review. All reviews of InstaForex published on the website in 2020 are verified and confirmed by Traders Union as reliable comments by real traders.

My trading experience at InstaForex so much goods with high tech and market analysis, Really I have found a professional MT4 platform, where they provided a solid execution and fixed spread. Their platform has many opportunities too, As I can customize an EA, Use additional tool. especially their mobile apps and web trader platform has nice service. Here I have deposited $20 only but within four months I am doing day trading and earned almost $80. I have withdrawn this profit too through Skrill account. Overall, InstaForex always tries to give me a satisfied trading service in the running market.

I registered with InstaForex broker 4 months ago and deposited $100 as a test case. Traded on high volatile market and to compare with my old broker, i can say they have great server with fast executions. First month I made profits of $187 and withdraw my profit of $150 via Neteller, its came to my account within 4 hours. After that I keep trading and I add $800 still everything is going excellent. I hope they will keep their good work.

All transactions at Instaforex are processed with ease and speed. I deposit and withdraw using my bank account and I am having no problem with it. I am also confident that my funds are secured with this broker because this is regulated. I am also impressed by the tremendous choices of trading platform which all serves its own purposes. My favorite, of course, is the MT4 platform but I also like IFX Option Trade for when I'm trading binary. Overall, this broker is excellent.

I have been dealing with Insta for half year and I am very happy with their service. They treat me very well, fast deposits,no slippage or re quotes ever. Most important thing is that they do not tamper with my trades. I been using many brokers and I think Insta suits my trading style very well. I am making profit constantly and last month I have earned $484. Today I’ve requested a withdrawal of all of my profits via Skrill and received it within 3 hours. So, I have many reasons to say this is a good Forex Broker.

InstaForex Broker is a blessing to me, I can starting live trade with their $1500 startup bonus. They given me a big opportunity but I have to deposit 10% money by the ratio of startup bonus, While I am able to trade with their bonus and till now I've profited $250. I am using their Android platform apps and operated all of my trading operations. So I want to thanks Instaforex for given me this opportunity in the market.

Instaforex is a decent broker. I am glad that I was able to find a legitimate Forex broker that will really take good care of their clients and would never take advantage of them. This broker provides top quality service. Their platforms are incomparable to other brokers and the trading cost is reasonable. They also have an education section wherein we are updated with latest news and given other materials for enhancement of knowledge and skills. This broker is definitely the best.

I must say InstaForex is honest broker! I like the contest on their demo accounts which called Lucky Trader it is very exciting. 2 month’s participate in this contest and luckily I won the contests and they gave me 400$ in my trading account for second place. I started with 400$, traded on major pair within one month I made profit of $274. Even last week they processed my withdraw request of $150 from my profit which I got within 5 hours on my Neteller account. Now I am pretty happy with InstaForex.

Author of this Review

InstaForex broker’s review prepared by

John Davis

Traders Union Author and Analyst

John Davis is a Financial and Economic Analyst working with the Traders Union since 2016. During this time, he has written more than 100 analytical articles on technical and fundamental analysis, reviews of financial companies and has developed more than 10 proprietary trading systems. John's motto is to help everyone go from a novice to a professional trader.

All information posted on the Traders Union website is based on reliable and objective data. We have combined our 10 years’ experience in the financial sector and the feedback of our customers to provide you with a true picture of the best forex companies in the market. Detailed information about our methodology.

Latest Forex Articles that may help you

Top 5 US Forex Brokers in 2020
For Beginners
Top 5 US Forex Brokers in 2020
Jack Moore - July 2020
What is Forex Trading? Your Guide to Start Earning
For Beginners
What is Forex Trading? Your Guide to Start Earning
John Mayer - August 2020
Best European Forex Brokers in 2020
For Beginners
Best European Forex Brokers in 2020
John Mayer - October 2020
Benefits of Working with the Traders Union
For Beginners
Benefits of Working with the Traders Union
Alexey Vrask - June 2020
5 Tips for Forex Trading Success
For Beginners
5 Tips for Forex Trading Success
Samuel Adamson - Jule 2020
How to Invest in Forex? A Beginner's Guide
For Beginners
How to Invest in Forex? A Beginner's Guide
Grant Adlington - August 2020
How to Open a Forex Demo Account for Free?
For Beginners
How to Open a Forex Demo Account for Free?
Grant Adlington - July 2020
How Much Does the Average Day Trader Make?
For Beginners
How Much Does the Average Day Trader Make?
David Butler - Jule 2020
Step-by-Step Guide on How to Open a Forex Account
For Beginners
Step-by-Step Guide on How to Open a Forex Account
John Mayer - September 2020
Forex Risks Investors Should Consider
For Beginners
Forex Risks Investors Should Consider
Daniel White - July 2020
Forex License Types - Best Forex Regulators
For Beginners
Forex License Types - Best Forex Regulators
Jack Moore - July 2020
Why Trade Forex: The Pros and Cons of Forex Trading
For Beginners
Why Trade Forex: The Pros and Cons of Forex Trading
Grant Adlington - August 2020
Best Investment Brokers in 2020
For Beginners
Best Investment Brokers in 2020
Grant Adlington - September 2020
PAMM Account Brokers in Forex 2020
For Beginners
PAMM Account Brokers in Forex 2020
Flynn Simpson - August 2020

FAQs

Do reviews by traders influence the InstaForex rating?

Any review can raise or lower the rating of any broker in the general list of brokers. To read reviews about InstaForex you need to go to the broker's profile.

How to leave a review about InstaForex on the Traders Union website?

To leave a review about InstaForex, register on the Traders Union website or you can also leave a review through Facebook.

Is it possible to leave a comment about InstaForex on a non-Traders Union client?

Anyone can leave feedback about InstaForex on multiple participating clients; however, Traders Union clients also receive additional payments later for working with any broker listed at the Forex market.

Why is it more profitable to work with InstaForex through Traders Union?

Because you will receive additional payments from Traders Union every month while all other functions on your chosen trading platform remain the same.