To understand whether InstaForex is suitable for you or not, I recommend to pay attention to these 3 things: reputation, trading conditions, and regulation.
For how long the company is in the market?
- InstaForex is in the market since 2007.
What are the main advantages here?
- The main advantage of InstaForex is the wide range of trading instruments including NYSE shares, bitcoin, binary options and many more. The company has a large traders’ community represented on one of the world’s most popular forex forums belonging to this broker.
Did you find any reasons not to work with this broker?
- We did not find any reasons not to open an account with InstaForex to test it.
Does InstaForex have swap-free (Islamic) accounts?
- Yes, InstaForex is suitable for Arabic traders.
What is the minimum deposit amount?
- It is possible to start trading at $100.
What this broker regulated?
- Yes, InstaForex is regulated by FSFR.
Anything special about spreads and margin leverage?
- Here you will find 4 types of accounts with different trading conditions. Maximal margin leverage is 1:1000, spreads start with 0.
|Avg rebate per lot||$17.00|
|Minimum trade size||0.01|
Suspicious reviews that we found
They will not release the profit on this account untill you made an equivalent amount of deposit. They will block your account, cease the profit you made until you make the deposit. YOU SHOULD ALSO DISCLOSE THAT IN BOLD.PROFIT NOT WITHDRAWABLE.*
*The review was found on ForexPeaceArmy. We recommend to carefully check bonus conditions before requesting it from ANY broker.