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InstaForex Review |

InstaForex Review 2023


What is InstaForex? Is it a legit broker?

InstaForex, a renowned forex/CDF broker, was founded in 2007 and operated by InstaFintech Group Company, including Instant Trading Ltd. (CySEC) and Instant Trading EU Ltd. (BVIFSC). InstaForex boasts more than 7,000,000 clients worldwide and more than 250 representative offices worldwide. InstaForex always tries to stay at the industry's top as an innovative it-solution broker. Over 300 trading instruments, ForexCopy System, PAMM System, a Wide range of depositing options, Crypto trading, Deposit bonus from 30% to 100%, various contests, Market analysis, and multilanguage customer support are only a part of all the services InstaForex provides for its clients.

Regulation and Security

Instant Trading Ltd. is regulated and licensed by the Financial Services Commission (FSC) under the Securities and Investment Business Act (SIBA), the British Virgin Islands (BVI). Instant Trading Ltd. is regulated by the Cyprus Securities and Exchange Commission (CySEC) with license number 266/15. Client Money Protection, Regulatory Deposit Insurance, and Negative Balance Protection are some points you should notice regarding a broker's security. As mentioned on its website, InstaForex has always tried to provide the best condition and security for its clients to trade conveniently. InstaForex offers segregated bank accounts, meaning the broker has kept its clients' funds separate from the Company's. Instant Trading EU Ltd provides its clients the Regulatory Deposit Insurance and Negative Balance Protection, which means it has an NBP mechanism to protect its traders from any loss bigger than their original investments. But note that Instant Trading Ltd does not support this feature.


InstaForex Account types

InstaForex provides different account types to its customers, including Insta.Standard, Insta.Eurica, Cent.Standard, Cent.Eurica, and also Swap-free accounts to help traders to create a successful trading strategy. Each type differs by the method of accounting spreads and commissions. Let's get into the characteristics of each account InstaForex provides for its traders.

  • Insta.Standard
InstaForex suggests this type of account to all traders. Insta.Standard type accounts allow trade with classical spreads and with no fees. The requirement of minimum deposit is $1 and 0.01 minimum lot size. One-click trading, automated trading, Scalping, hedging, Expert Advisors, trailing stop, Mobile trading, and pending orders are the other features traders can access with this type of account.
  • Insta.Eurica
Zero spread is the characteristic feature of Insta.Eurica with low fees (0.03%-0.07%). InstaForex recommended Insta.Eurica type of account to its newbies to get the hang of the market using a more straightforward system of trade conducting. Like the Standard type, traders can access One-click trading, automated trading, Scalping, hedging, Expert Advisors, trailing stop, Mobile trading, and pending orders with Eurica accounts type.
  • Cent.Standard and Cent.Eurica:
These two types of accounts are suitable for those traders who are a beginner and want to gain experience in trading because they can trade in the minimal possible trade volume without any risks for deposit. Also, those traders who want to test their trading strategies with the minimal risk of losing money can use these accounts.

Non-expiring Demo account is a notable feature InstaForex provides for newbies who want to learn how to manage positions without the risk of losing money. With a Demo account, Savvy traders can refine their trading strategies and test Experts-Advisers with virtual money under actual market conditions to reap the rewards of a Demo account. Virtual funds up to $100,000, Leverage up to 1000, and Trading instruments (forex, metals, energies, shares, and cryptos) are the other features traders can access with InstaForex's Demo account.

InstaForex allowed the swap-free feature (Islamic account) for all account types.

Deposit & Withdrawal methods

InstaForex's prominent feature is offering its traders a wide range of funding and withdrawal methods, like many local transfers, popular e-wallets, and popular cryptocurrencies.
The broker provides CZK, EUR, USD, PLN, and GBP currencies with minimum deposits of $1 for all its types of accounts. Compensating for deposit fees of all payment methods is an outstanding characteristic of InstaForex, which means the commission of processing to make deposits is zero. A bonus from LiteFinance to its clients!

The deposit processing time is from Instant to 24 hours (for wire banks is from 2 to 4 working days). The funding methods offered by the broker are Bank Transfer, Visa/MasterCard, Neteller, Skrill, PayCo, AstroPay, CashU, BTC, BCH, LTC, ADA, USDT, ETH, DASH, DOGE, BNB, EOS, XRP, NEO.
For Withdrawal, the broker reduces the fees by, on average, 1%, and the processing time is from Instant to 48 hours (for wire banks is from 1 to 6 working days).

Trading Platforms

InstaForex provides MetaTrader 4, MetaTrader 5, Multiterminal, and Web Trader. Let's know some features of MT4 and MT5;
With MT4, traders can access features like nine-time frames, a great variety of tools for technical analysis, online financial news, automated trading, Locked positions, a wide choice of free indicators and advisors, a possibility to create their own indicators and advisors (MQL4), high security ensured by 128-bit encoding, One-click trading, and Trailing stop.

With MT5, traders can access features like 21-time frames, Market Depth (Level II pricing), and contract specifications, MQL5 – the new-generation programming language for designing expert advisors and indicators, Quotes archive, an advanced set of technical tools, Fill Policy - a new field in the Order window, Expiry dates for pending orders, and Ready-made expert advisors, indicators and scripts available on the in-built online store.
Though MT5 is innovative and has a broader range of trading opportunities, still the first choice of most traders is MT4.
And the line bottom is InstaForex provides most of its popular services via MT4, such as bonuses, the PAMM system, and the ForexCopy system.

Multiterminal is suitable for traders who have several trading accounts and want to manage them all at once.
InstaForex enhanced and improved the WebTrader to make its WetTrader in an innovative style to enable its users to access the latest market news and analysis, several work interfaces, Balance charts for trade analysis, and a wide range of trading instruments, etc. Therefore, the broker tries to provide well-organized and sufficient conditions for its clients to have the most pleasing experience of trading in the web browser to make them needless from downloading and installing any software.

Trading Tools

InstaForex provides various trading tools to its users to trade in convenience. Chief Strategist is a section InstaForex devotes to one of the experts in technical analysis. Forex Analytical Reviews, News in pictures, and InstaForex TV are the other sections provided by InstaForex. Actual Patterns -another tool- are graphical models that help users be aware of the latest market changes and react to clues from the market in time. The last bottom line is the Forex Calendar which able users to plan their trading based on market-moving events and receive notifications about new indicators.

Additional Sevices

The dividend calculator is a helpful section for traders who trade Share CFDs, which contains the list of dividends and information on the closest pay date on every NYSE trading account.

An outstanding service InstaForex offers its clients is Segregated Accounts, which means the storage of clients' funds is separate from the company's funds. Consequently, via this service, clients can protect their funds from risks of any force majeure circumstances related to the company's activity.
VPS (Virtual Private Server) is another tool for forex traders to use a private server for organizing trading in the forex market, which can run 24/7 and without interruption, providing non-stop trading. On a more serious note, Instaforex places new VPS servers as close as possible to the trading servers with a ping of only 9-16 ms.

Customer Support

Based on PipRebate's experience, InstaForex is one of the brokers always. Its support team is activated and helps its user anytime. InstaForex provides the callback service, which is available in more than ten languages. You fill out the callback form then the InstaForex support team calls back to you anytime you like. Also, users can contact them via email, Twitter, Viber, Skype, Telegram, Whatsapp, and Messenger 24/7. The Financial Department is available from 08:00 to 17:00 (UTC+00).

Research and Trader education

The broker for its beginners' traders designed a section including Video tutorials, Training, FAQ, Knowledge Base, and Useful Information, which experts recommend to beginners to simplify their first steps to trading success.

Contests and Promotions

InstaForex often holds engaging campaigns and competitions for its traders. In addition, the broker offers various Bonuses like the 100% Bonus, 55% Bonus, 30% Bonus, Chancy Deposit, and InstaForex Club Bonus which you can find all in PipRebate's Promotion Section.


InstaForex Cashback by PipRebate

  • What are InstaForex Rebates, and How much is it?

Piprebate has been a Rebate and Cashback provider service since 2008. With more than 14 years of experience, Piprebate is the leadest and top provider. To explain how to work the service in a few words, we can say; Whatever you lose or win trades, you profit from them anyway. Therefore, you always catch everything on your trades here; gain profit in any case! For more than ten years, PipRebate has provided InstaForex rebates for its clients. Regardless of what type of InstaForex account you have or want, you will earn on Majors pairs: 1.72 pips and Minors pairs: 4.56 pips per round turn lot that you make the trade. The rebates will be paid directly to your InstaForex trading account each day.
On a more serious note, unlike the competitors, at Piprebate, the spreads, and commissions do not rise if you get rebates and cashback.

  • If you have an InstaForex account, follow the steps below to get Rebates;

If you have an InstaForex account, to earn rebates from Piprebate, you do not need to create a new InstaForex account. You only need to email to request to transfer your InstaForex account under our partner code (BOGL). After that, Go to your Piprebate account. Go to the panel and click on "Add forex account." Submit details of your Instaforex account to add it to your Piprebate account.

  • Do you not have an InstaForex account? Follow the below steps;

If you don't have an InstaForex account, create one directly through our link to be under PipRebate. Then, go to the "Add forex account" at your panel on your Piiprebate account and submit the details of your InstaForex account. You can find the instruction entirely on the broker page at PipRebate.

Final Words

InstaForex is a reliable forex broker founded in 2007 and operated by InstaFintech. The broker provides a wide range of Instruments, both popular trading platforms (MetaTrader4 and MetaTrader5), ForexCopy system, PAMM system, Cryptocurrency trading, Market analysis, leverage from 1:1 to 1:1000, a broad array of deposit and withdrawal options, qualified and timely Customer Support services, and the various contests and bonuses.
For over ten years, Piprebate has provided unbeatable InstaForex Rebates for its users. PipRebate always makes efforts that its users have a friendly experience through its services. The support team is here to help you step by step. If you need a query, contact us via Live Chat.

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