|Regulated by FSC (BVI) SIBA/L/14/1082 and SVGFSA IBC22945.
|4th Floor, Water's Edge Building, Meridian Plaza, Road Town, Tortola, British Virgin Islands
This broker has also been regulated by FSC (BVI) SIBA/L/14/1082 and SVGFSA IBC22945.
Although this broker is registered in the British Virgin Islands, it has offices in more than 260 countries with core staff based in Russia.
Founded in 2007, InstaForex has successfully accumulated 7,000,000 traders over the last twelve years. In addition, InstaForex is also known as the main sponsor of various professional sports clubs accompanied by amazing trading competitions with a total prize pool of up to $1,000,000.
Ensuring continuous access to financial markets are 9 trading servers backed by 25 other servers located around the world. The maximum time for a client to receive data from the server is recorded as 0.2 seconds from any part of the world. For this dedication, InstaForex managed to receive 30 financial awards in recent years.
Likewise, it is important to note that the BVI regulations allow InstaForex to offer higher leverage than other regulators, which is one of the advantages of joining InstaForex.
InstaForex is an international broker that provides trading services to traders globally. Since it was founded in 2007, InstaForex has provided for clients from various countries as many as 7 million traders. Based in Kaliningrad, Russia, InstaForex always attempts to improve the quality of the company in order to captivate the hearts of their clients.
Their hard work can be proven, one of which is by achieving a variety of awards, including Best Forex Cryptocurrency Trading Platform 2018 by UK Forex Awards, Best ECN Broker Asia 2018 by IBM, Forex Broker of the Year for Eastern Europe 2018 according to le Fonti Awards, Development, and Success award at Financial Olympus 2016-2017, etc.
There are 4 types of account offered by InstaForex representing a universal trading tool that help to work on international financial markets, such as Insta.Standard, Insta.Eurica, Cent.Standard, dan Cent.Eurica. Trading account types differ by the methods of accounting spreads and commissions, which are picked by the trader opening an account.
Insta.Standard account is relevant for standard trading terms on the Forex market and allows a trade to be settled with classical spread and with no fees. Traders will be charged a fixed spread every time they make a transaction. Spreads that are provided ranging from 3-7 pips. The main advantage of this type of accounts is its universality, as a trader can change the trading leverage and work with a deposit size convenient for traders.
Different from Insta.Standard accounts, Insta.Eurica accounts do not require payment of any spread on opening a deal. Therefore, this type of InstaForex account is suitable for beginner trader with a minimum transaction of 0.01 lots.
There are also other types of accounts InstaForex, namely Cent.Standard and Cent.Eurica which can be used for beginner traders because they can use the minimum transaction volume, which is 0.0001 lots (the cost per lot is USD0.1 cent). Deposit currencies that can be used by traders are EUR and USD (for all types of accounts).
Submit your review: